Broad Run Investment Management (Brian E. Macauley)

Broad Run Investment Management (Brian E. Macauley) has filed 13F reports from Q2 2013 through Q2 2026. In the most recent quarter, the fund reported $649.7M across 24 positions. The portfolio has returned 12.2% annualized over five years, with 18.8% volatility and a maximum drawdown of 30.0%. Top holdings include ASTS, AMAT, SUNB, BN, MKL. Across all filing periods, 1.9% included restatements and 0.0% introduced new holdings. Review the fund’s investment style metrics, recent position changes, track record by individual position and sector, and related educational resources below.