River Road Asset Management, LLC — 13F Holdings & Portfolio
CIK 1341401 · latest 13F-HR filed 2026-07-17
River Road Asset Management, LLC manages $8.99B in 13F-reported U.S. long-equity assets across 175 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are BJ (3.27%), MGRC (2.76%), WTM (2.67%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 14 new positions and exited 15; 65 existing positions rose in reported value and 64 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Loading holdings…
AUM
$8.99B
Long-equity book
Holdings
175
Distinct positions
Period
2026-06-30
Filed 2026-07-17
Q/Q Activity
+14 / −15 / ↑65 / ↓64
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26BJ3.3% · -4%MGRC2.8% · -5%WTM2.7% · -4%CXW2.4% · -20%BRK.B2.4% · -5%LAD2.2% · +5%SARO2.2% · newMAA2.0% · -7%AMRZ2.0% · +48%ATR1.9% · +15%GXO1.8% · -8%LH1.8% · +17%COO1.6% · +0%GNW1.5% · -6%AXP1.5% · +7%CALM1.5% · +21%PLUS1.5% · -3%CRH1.5% · -5%PRSU1.2% · -4%AWI1.2% · +149%CHE1.2% · +232%DIS1.2% · +18%IFF1.2% · +8%PGR1.1% · -3%CACI1.1% · +46%AXS1.1% · -8%META1.1% · +24781%WTW1.1% · -23%HAE1.1% · -3%VNT1.1% · -1%CEG1.0% · +31%DK1.0% · -26%AGO1.0% · -39%SNN1.0% · -1%ICUI1.0% · -3%AMZN1.0% · +15%GEHC0.9% · -2%AOS0.9% · newSFM0.9% · +41%FCNCA0.9% · -21%IMKTA0.9% · -4%UFPI0.9% · -0%WSC0.9% · -5%SR0.9% · newSWX0.9% · -4%PSMT0.9% · -35%MDU0.8% · -16%TFX0.8% · -41%MTN0.7% · -2%PAYC0.7% · -3%KDP0.7% · -27%PRKS0.7% · -36%BDX0.7% · -1%DOLE0.7% · -3%WEX0.7% · -11%UNP0.7% · -55%UGI0.7% · +121%MUSA0.6% · -73%WFC0.6% · -2%NWE0.6% · -21%
Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 23.9%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Mar 31, 2026.
Assets Under Management
$9.85B
Discretionary
$9.85B
Employees
46
Accounts
93
Address
462 SOUTH FOURTH STREET
SUITE 2000
LOUISVILLE, KY 40202-3466
SUITE 2000
LOUISVILLE, KY 40202-3466
Phone
(502) 371-4100
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| BECK, RICHARD, ANDREW Control | CEO, SENIOR PORTFOLIO MANAGER since Mar 2005 | Less than 5% | Individual |
| BRENNER, ELIZABETH, AUBREY Control | CHIEF ORGANIZATIONAL DEVELOPMENT OFFICER since Feb 2015 | Less than 5% | Individual |
| BROWN, JOHN, ALEXANDER Control | CHIEF INVESTMENT OFFICER since Feb 2021 | Less than 5% | Individual |
| MUELLER, THOMAS, DIGNAN Control | CHIEF OPERATING OFFICER since Mar 2005 | Less than 5% | Individual |
| SNYDER, MEAGAN Control | CHIEF COMPLIANCE OFFICER since Aug 2025 | Less than 5% | Individual |
| WAINWRIGHT, ROBERT Control | CHIEF BUSINESS DEVELOPMENT OFFICER since Dec 2019 | Less than 5% | Individual |
| RRAM ACQUISITION, LLC | MEMBER since Jun 2014 | 75% or more | Domestic Entity |
| AFFILIATED MANAGERS GROUP, INC. Control Indirect owner via RRAM ACQUISITION, LLC | MEMBER since Mar 2014 | 75% or more | Domestic Entity |
Ownership & leadership changes · 12 filings with changes since Mar 30, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Aug 28, 2025 filing
- AddedSNYDER, MEAGAN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- ChangedMUELLER, THOMAS, DIGNAN · title COO, CHIEF COMPLIANCE OFFICER → CHIEF OPERATING OFFICER
Mar 19, 2025 filing
- No longer listedDEUSER, GREG, EDWARD · CHIEF INVESTMENT RISK & ANALYTICS OFFICER · Less than 5% · control person · listed since Feb 2012
- ChangedBROWN, JOHN, ALEXANDER · now a control person
Mar 28, 2024 filing
- No longer listedFORSHA, THOMAS, STEPHEN · CO-CHIEF INVESTMENT OFFICER & SENIOR PORTFOLIO MANAGER · Less than 5% · control person · listed since Jan 2013
- No longer listedSANDERS, HENRY, WILLIAMS · EVP, SENIOR PORTFOLIO MANAGER · Less than 5% · control person · listed since Mar 2005
Mar 30, 2023 filing
- No longer listedBECK, RICHARD, ANDREW · MEMBER · 75% or more · indirect via RAB RRAM, LLC · control person · listed since Sep 2015
- No longer listedRAB RRAM, LLC · MEMBER · 5–10% · listed since Sep 2015
- ChangedBECK, RICHARD, ANDREW · ownership 5–10% → Less than 5%
- ChangedDEUSER, GREG, EDWARD · title CHIEF RISK & ANALYTICS OFFICER → CHIEF INVESTMENT RISK & ANALYTICS OFFICER
- ChangedFORSHA, THOMAS, STEPHEN · title CO-CHIEF INVESTMENT OFFICER → CO-CHIEF INVESTMENT OFFICER & SENIOR PORTFOLIO MANAGER
Mar 31, 2022 filing
- AddedBROWN, JOHN, ALEXANDER · CHIEF INVESTMENT OFFICER · Less than 5%
- ChangedBRENNER, ELIZABETH, AUBREY · title CHIEF ADMINISTRATIVE OFFICER → CHIEF ORGANIZATIONAL DEVELOPMENT OFFICER
Apr 1, 2021 filing
- No longer listedHWS RRAM, LLC · MEMBER · 5–10% · listed since Sep 2015
- No longer listedSANDERS, HENRY, WILLIAMS · MEMBER · 75% or more · indirect via HWS RRAM, LLC · control person · listed since Sep 2015
- ChangedBRENNER, ELIZABETH, AUBREY · title DIRECTOR OF STRATEGIC HUMAN RESOURCES → CHIEF ADMINISTRATIVE OFFICER
- ChangedRRAM ACQUISITION, LLC · ownership 50–75% → 75% or more
- ChangedSANDERS, HENRY, WILLIAMS · ownership 5–10% → Less than 5%
Mar 30, 2020 filing
- No longer listedSHIRCLIFF, JAMES, CARL · CIO · Less than 5% · control person · listed since Mar 2005
- AddedBRENNER, ELIZABETH, AUBREY · DIRECTOR OF STRATEGIC HUMAN RESOURCES · Less than 5% · control person
- AddedWAINWRIGHT, ROBERT · CHIEF BUSINESS DEVELOPMENT OFFICER · Less than 5% · control person
- ChangedBECK, RICHARD, ANDREW · title CEO, PRESIDENT → CEO, SENIOR PORTFOLIO MANAGER
- ChangedDEUSER, GREG, EDWARD · title CHIEF RISK OFFICER → CHIEF RISK & ANALYTICS OFFICER
Mar 29, 2018 filing
- AddedBECK, RICHARD, ANDREW · MEMBER · 75% or more · indirect via RAB RRAM, LLC · control person
- AddedHWS RRAM, LLC · MEMBER · 5–10%
- AddedRAB RRAM, LLC · MEMBER · 5–10%
- AddedSANDERS, HENRY, WILLIAMS · MEMBER · 75% or more · indirect via HWS RRAM, LLC · control person
May 9, 2017 filing
- Listed againAFFILIATED MANAGERS GROUP, INC. · MEMBER · 75% or more · indirect via RRAM ACQUISITION, LLC · control person
- Listed againRRAM ACQUISITION, LLC · MEMBER · 50–75%
Mar 30, 2017 filing
- No longer listedAFFILIATED MANAGERS GROUP, INC. · MEMBER · 75% or more · indirect via RRAM ACQUISITION, LLC · control person · listed since Mar 2014
- No longer listedRRAM ACQUISITION, LLC · MEMBER · 50–75% · listed since Jun 2014
Older changes (3 more filings)
Jul 11, 2014 filing
- No longer listedAVIVA GROUP HOLDINGS, LTD. · SHAREHOLDER · 75% or more · indirect via AVIVA INVESTORS HOLDINGS, LTD. · control person · listed since Feb 2010
- No longer listedAVIVA INVESTORS HOLDINGS, LTD. · SHAREHOLDER · 75% or more · indirect via AVIVA INVESTORS NORTH AMERICA HOLDINGS, INC. · control person · listed since Feb 2010
- No longer listedAVIVA INVESTORS NORTH AMERICA HOLDINGS, INC. · OWNER · 75% or more · control person · listed since Feb 2010
- No longer listedAVIVA PLC · SHAREHOLDER · 75% or more · indirect via AVIVA GROUP HOLDINGS, LTD. · control person · listed since Feb 2010
- AddedAFFILIATED MANAGERS GROUP, INC. · MEMBER · 75% or more · indirect via RRAM ACQUISITION, LLC · control person
- AddedRRAM ACQUISITION, LLC · MEMBER · 50–75%
- ChangedBECK, RICHARD, ANDREW · ownership Less than 5% → 5–10%
- ChangedSANDERS, HENRY, WILLIAMS · ownership Less than 5% → 5–10%
Mar 28, 2013 filing
- AddedFORSHA, THOMAS, STEPHEN · CO-CHIEF INVESTMENT OFFICER · Less than 5% · control person
Mar 30, 2012 filing (earliest on record)
- ListedAVIVA GROUP HOLDINGS, LTD. · SHAREHOLDER · 75% or more · indirect via AVIVA INVESTORS HOLDINGS, LTD. · control person
- ListedAVIVA INVESTORS HOLDINGS, LTD. · SHAREHOLDER · 75% or more · indirect via AVIVA INVESTORS NORTH AMERICA HOLDINGS, INC. · control person
- ListedAVIVA INVESTORS NORTH AMERICA HOLDINGS, INC. · OWNER · 75% or more · control person
- ListedAVIVA PLC · SHAREHOLDER · 75% or more · indirect via AVIVA GROUP HOLDINGS, LTD. · control person
- ListedBECK, RICHARD, ANDREW · CEO, PRESIDENT · Less than 5% · control person
- ListedDEUSER, GREG, EDWARD · CHIEF RISK OFFICER · Less than 5% · control person
- ListedMUELLER, THOMAS, DIGNAN · COO, CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- ListedSANDERS, HENRY, WILLIAMS · EVP, SENIOR PORTFOLIO MANAGER · Less than 5% · control person
- ListedSHIRCLIFF, JAMES, CARL · CIO · Less than 5% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- Meta Platforms Inc Class A$97.3M +24396.2%
- Chemed Corporation$83.7M +308.8%
- Armstrong World Industries, In$65.4M +142.5%
- Amrize Ltd$51.9M +41.3%
- CoreCivic, Inc.$49.7M +29.2%
Top Trims
- Murphy USA, Inc.-$138.1M -70.7%
- UniFirst Corporation-$113.2M -90.0%
- Kroger Co.-$77.5M -74.1%
- Delta Air Lines, Inc.-$67.1M -90.2%
- Assured Guaranty Ltd.-$61.1M -39.6%
New Positions
- StandardAero, Inc.$196.8M
- A. O. Smith Corporation$84.5M
- Spire Inc.$77.6M
- Rayonier Inc.$53.8M
- Trinity Industries, Inc.$48.0M
Exited Positions
- Lennar Corporation Class A$41.6M
- BellRing Brands, Inc.$34.8M
- Embecta Corporation$30.5M
- iShares Russell 1000 Value ETF$25.9M
- Carnival Corporation$15.5M
River Road Asset Management, LLC Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | BJ's Wholesale Club Holdings, | BJ | 05550J101 | $294.3M | 3.27% | 3,374,396 | SH |
| 2 | McGrath RentCorp | MGRC | 580589109 | $247.7M | 2.76% | 2,046,345 | SH |
| 3 | White Mountains Insurance Grou | WTM | G9618E107 | $240.3M | 2.67% | 115,880 | SH |
| 4 | CoreCivic, Inc. | CXW | 21871N101 | $220.2M | 2.45% | 7,246,570 | SH |
| 5 | Berkshire Hathaway Inc. Class | BRK.B | 084670702 | $216.3M | 2.41% | 432,323 | SH |
| 6 | Lithia Motors, Inc. | LAD | 536797103 | $198.3M | 2.21% | 682,689 | SH |
| 7 | StandardAero, Inc. | SARO | 85423L103 | $196.8M | 2.19% | 6,581,400 | SH |
| 8 | Mid-America Apartment Communit | MAA | 59522J103 | $184.0M | 2.05% | 1,324,380 | SH |
| 9 | Amrize Ltd | AMRZ | H2927K103 | $177.6M | 1.98% | 3,331,674 | SH |
| 10 | AptarGroup, Inc. | ATR | 038336103 | $169.1M | 1.88% | 1,350,700 | SH |
| 11 | GXO Logistics Inc | GXO | 36262G101 | $165.4M | 1.84% | 3,262,754 | SH |
| 12 | Labcorp Holdings Inc. | LH | 504922105 | $164.9M | 1.83% | 589,085 | SH |
| 13 | Cooper Companies, Inc. | COO | 216648501 | $142.0M | 1.58% | 1,980,875 | SH |
| 14 | Genworth Financial, Inc. | GNW | 37247D106 | $137.0M | 1.52% | 14,472,015 | SH |
| 15 | American Express Company | AXP | 025816109 | $136.7M | 1.52% | 404,116 | SH |
| 16 | Cal-Maine Foods, Inc. | CALM | 128030202 | $133.4M | 1.48% | 1,655,409 | SH |
| 17 | ePlus inc. | PLUS | 294268107 | $131.7M | 1.46% | 1,582,148 | SH |
| 18 | CRH public limited company | CRH | G25508105 | $130.7M | 1.45% | 1,221,174 | SH |
| 19 | Pursuit Attractions and Hospit | PRSU | 92552R406 | $111.5M | 1.24% | 1,992,504 | SH |
| 20 | Armstrong World Industries, In | AWI | 04247X102 | $111.4M | 1.24% | 694,210 | SH |
| 21 | Chemed Corporation | CHE | 16359R103 | $110.8M | 1.23% | 237,927 | SH |
| 22 | Walt Disney Company | DIS | 254687106 | $110.5M | 1.23% | 1,147,993 | SH |
| 23 | International Flavors & Fragra | IFF | 459506101 | $108.1M | 1.20% | 1,364,943 | SH |
| 24 | Progressive Corporation | PGR | 743315103 | $102.0M | 1.14% | 467,075 | SH |
| 25 | Caci International Inc Class A | CACI | 127190304 | $100.9M | 1.12% | 217,801 | SH |
| 26 | Axis Capital Holdings Limited | AXS | G0692U109 | $99.9M | 1.11% | 929,726 | SH |
| 27 | Meta Platforms Inc Class A | META | 30303M102 | $97.7M | 1.09% | 173,418 | SH |
| 28 | Willis Towers Watson Public Li | WTW | G96629103 | $97.2M | 1.08% | 371,893 | SH |
| 29 | Haemonetics Corporation | HAE | 405024100 | $96.4M | 1.07% | 1,285,602 | SH |
| 30 | Vontier Corp | VNT | 928881101 | $95.4M | 1.06% | 3,290,984 | SH |
| 31 | Constellation Energy Corporati | CEG | 21037T109 | $93.4M | 1.04% | 376,043 | SH |
| 32 | Delek US Holdings Inc | DK | 24665A103 | $93.4M | 1.04% | 1,837,251 | SH |
| 33 | Assured Guaranty Ltd. | AGO | G0585R106 | $93.0M | 1.03% | 1,160,270 | SH |
| 34 | Smith & Nephew plc Sponsored A | SNN | 83175M205 | $92.8M | 1.03% | 3,221,876 | SH |
| 35 | ICU Medical, Inc. | ICUI | 44930G107 | $91.8M | 1.02% | 626,290 | SH |
| 36 | Amazon.com, Inc. | AMZN | 023135106 | $89.6M | 1.00% | 375,949 | SH |
| 37 | GE Healthcare Technologies Inc | GEHC | 36266G107 | $84.5M | 0.94% | 1,319,999 | SH |
| 38 | A. O. Smith Corporation | AOS | 831865209 | $84.5M | 0.94% | 1,346,882 | SH |
| 39 | Sprouts Farmers Market, Inc. | SFM | 85208M102 | $83.3M | 0.93% | 985,375 | SH |
| 40 | First Citizens BancShares, Inc | FCNCA | 31946M103 | $82.8M | 0.92% | 39,784 | SH |
| 41 | Ingles Markets, Incorporated C | IMKTA | 457030104 | $81.1M | 0.90% | 915,990 | SH |
| 42 | UFP Industries, Inc. | UFPI | 90278Q108 | $80.7M | 0.90% | 889,187 | SH |
| 43 | WillScot Holdings Corporation | WSC | 971378104 | $80.3M | 0.89% | 2,783,533 | SH |
| 44 | Spire Inc. | SR | 84857L101 | $77.6M | 0.86% | 993,125 | SH |
| 45 | Southwest Gas Holdings, Inc. | SWX | 844895102 | $76.7M | 0.85% | 865,242 | SH |
| 46 | PriceSmart, Inc. | PSMT | 741511109 | $76.5M | 0.85% | 391,455 | SH |
| 47 | MDU Resources Group, Inc. | MDU | 552690109 | $72.2M | 0.80% | 3,403,955 | SH |
| 48 | Teleflex Incorporated | TFX | 879369106 | $69.5M | 0.77% | 548,173 | SH |
| 49 | Vail Resorts, Inc. | MTN | 91879Q109 | $67.3M | 0.75% | 494,437 | SH |
| 50 | Paycom Software, Inc. | PAYC | 70432V102 | $65.6M | 0.73% | 522,119 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-17 | $8.99B | 175 | 0001341401-26-000018 |
| 2026-03-31 | 2026-04-30 | $8.82B | 176 | 0001341401-26-000012 |
| 2025-12-31 | 2026-02-24 | $9.12B | 175 | 0001341401-26-000004 |
Filer Information
Address
462 SOUTH FOURTH STREET, SUITE 2000LOUISVILLE, KY 40202
Phone
(502) 371-4100
Filing Manager
River Road Asset Management, LLC
LOUISVILLE, KY
Signatory
Meagan N. Snyder
Chief Compliance Officer