Maren Capital LLC

Fundamental concentrated ★Highest signal CIK 1961415
League rank
#617
in Fundamental concentrated · #3602 overall
Long book
$1.91B
Q1 2026
Positions
19
Top-10 weight
83%
concentration
Last quarter
+11.7%
SPY +14.8%
Turnover
10%
of book per quarter

Strategy in plain words

auto-generated from filings

Maren Capital LLC is a concentrated fundamental stock-picker, running a $1.91B US long book across 19 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: RBC BEARINGS INC, TELEDYNE TECHNOLOGIES INC, LINDE PLC, AMETEK INC, AMPHENOL CORP-CL A.

Over the last 9 quarters its long book ran on average 1pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-5.6%
Q2 2024
+9.6%
Q3 2024
-0.5%
Q4 2024
+2.3%
Q1 2025
+7.7%
Q2 2025
+2.7%
Q3 2025
+0.4%
Q4 2025
+2.8%
Q1 2026
+11.7%

Sector allocation

Industrials
33%
Technology
31%
Financials
18%
Materials
10%
Consumer discretionary
4%
Other
3%
Services media
0%

Long book by quarter

$1.04B
Q1 2024
$1.04B
Q2 2024
$1.22B
Q3 2024
$1.31B
Q4 2024
$1.47B
Q1 2025
$1.66B
Q2 2025
$1.80B
Q3 2025
$1.86B
Q4 2025
$1.91B
Q1 2026

What does Maren Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
RBC RBC BEARINGS INCIndustrials441.9K$240.0M12.6%-1.9%
TDY TELEDYNE TECHNOLOGIES INCTechnology362.1K$219.1M11.5%+0.4%
LIN LINDE PLCMaterials386.7K$191.7M10.0%+6.2%
AME AMETEK INCTechnology889.5K$190.7M10.0%+1.6%
APH AMPHENOL CORP-CL ATechnology1.5M$186.7M9.8%-1.4%
HEI/A HEICO CORP-CLASS AIndustrials757.7K$159.9M8.4%+21.6%
ACGL ARCH CAPITAL GROUP LTDFinancials1.2M$113.2M5.9%+3.8%
RLI RLI CORPFinancials1.8M$102.0M5.3%+5.2%
KNSL KINSALE CAPITAL GROUP INCFinancials270.1K$92.3M4.8%+15.1%
SSD SIMPSON MANUFACTURING CO INCIndustrials510.4K$87.6M4.6%-0.3%
CP CANADIAN PACIFIC KANSAS CITYIndustrials1.0M$82.4M4.3%-17.8%
CPRT COPART INCConsumer discretionary2.5M$82.2M4.3%+12.1%
GGG GRACO INCIndustrials781.8K$66.2M3.5%-0.9%
HIFS HINGHAM INSTITUTION FOR SVGS207.0K$59.2M3.1%-0.8%
WRB WR BERKLEY CORPFinancials504.6K$33.4M1.7%-5.9%
PGR PROGRESSIVE CORPFinancials12.9K$2.6M0.1%-4.1%
MA MASTERCARD INC - AServices media2.1K$1.0M0.1%Held
V VISA INC-CLASS A SHARESServices media3.3K$995K0.1%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 202619$1.91B canonicalSEC ↗
Q4 202513F-HRFeb 13, 202621$1.86B canonicalSEC ↗
Q3 202513F-HRNov 13, 202522$1.80B canonicalSEC ↗
Q2 202513F-HRAug 13, 202525$1.66B canonicalSEC ↗
Q1 202513F-HRMay 14, 202525$1.47B canonicalSEC ↗
Q4 202413F-HRFeb 13, 202525$1.31B canonicalSEC ↗
Q3 202413F-HRNov 14, 202427$1.22B canonicalSEC ↗
Q2 202413F-HRAug 14, 202426$1.04B canonicalSEC ↗
Q1 202413F-HRMay 14, 202427$1.04B canonicalSEC ↗