Rockbridge Asset Management LLC

Fundamental concentrated ★Highest signal CIK 2056320
League rank
#871
in Fundamental concentrated · #7047 overall
Long book
$148.3M
Q1 2026
Positions
26
Top-10 weight
79%
concentration
Last quarter
+4.9%
SPY +14.8%
Turnover
19%
of book per quarter

Strategy in plain words

auto-generated from filings

Rockbridge Asset Management LLC is a concentrated fundamental stock-picker, running a $148.3M US long book across 26 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: MARKEL GROUP INC, AMERICAN TOWER CORP, O'REILLY AUTOMOTIVE INC, AMAZON.COM INC, MICROSOFT CORP.

Over the last 6 quarters its long book ran on average 4.2pp per quarter behind the S&P 500, beating the index in 1 of 6 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
Q4 2024
+0.6%
Q1 2025
+3.7%
Q2 2025
+2.5%
Q3 2025
-0.7%
Q4 2025
-8.3%
Q1 2026
+4.9%

Sector allocation

Consumer discretionary
29%
Financials
25%
Technology
24%
Services media
12%
Industrials
7%
Real estate
1%
Energy
1%
Utilities
0%

Long book by quarter

$175.9M
Q4 2024
$163.4M
Q1 2025
$175.7M
Q2 2025
$169.4M
Q3 2025
$165.0M
Q4 2025
$148.3M
Q1 2026

What does Rockbridge Asset own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MKL MARKEL GROUP INCFinancials9.4K$18.0M12.1%+4.4%
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary145.9K$13.5M9.1%-9.9%
AMZN AMAZON.COM INCConsumer discretionary61.3K$12.8M8.6%-16.7%
MSFT MICROSOFT CORPTechnology30.8K$11.4M7.7%-8.5%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials22.9K$11.0M7.4%-6.2%
LMT LOCKHEED MARTIN CORPIndustrials15.9K$9.6M6.5%-7.7%
CPRT COPART INCConsumer discretionary276.0K$9.2M6.2%+5.7%
AAPL APPLE INCTechnology33.8K$8.6M5.8%-6.6%
MA MASTERCARD INC - AServices media16.5K$8.3M5.6%-9.0%
V VISA INC-CLASS A SHARESServices media24.6K$7.4M5.0%+22.9%
CCC CCC INTELLIGENT SOLUTIONS HOTechnology1.1M$6.4M4.3%+47.4%
GOOGL ALPHABET INC-CL ATechnology20.6K$5.9M4.0%-5.1%
KNSL KINSALE CAPITAL GROUP INCFinancials11.4K$3.9M2.6%+357.3%
BLDR BUILDERS FIRSTSOURCE INCConsumer discretionary32.9K$2.7M1.8%-7.9%
CBRE CBRE GROUP INC - AReal estate11.3K$1.5M1.0%New
JPM JPMORGAN CHASE & COFinancials2.4K$713K0.5%Held
CVX CHEVRON CORPEnergy2.7K$558K0.4%Held
MPLX MPLX LPEnergy5.4K$307K0.2%Held
AEP AMERICAN ELECTRIC POWERUtilities2.1K$277K0.2%Held
PG PROCTER & GAMBLE CO/THEOther1.7K$249K0.2%Held
GE GENERAL ELECTRICIndustrials875$248K0.2%Held
AVGO BROADCOM INCTechnology700$217K0.1%Held
ISOU ISOENERGY LTDMaterials10.0K$105K0.1%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202627$148.9M canonicalSEC ↗
Q4 202513F-HRFeb 12, 202631$165.6M canonicalSEC ↗
Q3 202513F-HRNov 12, 202529$169.4M canonicalSEC ↗
Q2 202513F-HRJul 29, 202527$175.7M canonicalSEC ↗
Q1 202513F-HRMay 14, 202524$163.4M canonicalSEC ↗
Q4 202413F-HRFeb 14, 202524$175.9M canonicalSEC ↗