FENIMORE ASSET MANAGEMENT INC Q4 2018 Filing

Filed January 11, 2019

Portfolio Value

$2.5T

Holdings

119

Report Date

Q4 2018

Filing Type

13F-HR

All Holdings (119 positions)

#	Stock	Shares	Value	% Portfolio
1	CDWCDW Corporation	1,849,944	$149.9B	6.07%
2	ROSTRoss Stores, Inc.	1,537,205	$127.9B	5.18%
3	MKLMarkel Corporation	87,280	$90.6B	3.67%
4	—IDEX Corporation	700,605	$88.5B	3.58%
5	SYKStryker Corporation	500,220	$78.4B	3.17%
6	BAMBrookfield Asset Management In	2,043,203	$78.4B	3.17%
7	BROBrown & Brown, Inc.	2,824,303	$77.8B	3.15%
8	—EOG Resources, Inc.	762,466	$66.5B	2.69%
9	APDAir Products & Chemicals, Inc.	408,495	$65.4B	2.65%
10	FLIRFLIR Systems, Inc.	1,428,791	$62.2B	2.52%
11	BRK-BBerkshire Hathaway Inc. A	201	$61.5B	2.49%
12	KMXCarMax, Inc.	973,625	$61.1B	2.47%
13	WATWaters Corporation	319,282	$60.2B	2.44%
14	AZOAutoZone, Inc.	71,610	$60.0B	2.43%
15	—M&T Bank Corporation	412,603	$59.1B	2.39%
16	ITWIllinois Tool Works Inc.	431,400	$54.7B	2.21%
17	DCIDonaldson Company, Inc.	1,251,338	$54.3B	2.20%
18	SSBUSDSouth State Corporation	876,688	$52.6B	2.13%
19	XLNXEURXilinx, Inc.	595,551	$50.7B	2.05%
20	MCHPMicrochip Technology Incorpora	694,717	$50.0B	2.02%
21	AVYAvery Dennison Corp	538,284	$48.4B	1.96%
22	SNASnap On Inc.	313,904	$45.6B	1.85%
23	HSICHenry Schein, Inc.	549,811	$43.2B	1.75%
24	GGGGraco Inc.	1,001,711	$41.9B	1.70%
25	AJGArthur J. Gallagher & Co.	557,720	$41.1B	1.66%
26	MHKMohawk Industries, Inc.	338,779	$39.6B	1.60%
27	DGDollar General Corporation	360,091	$38.9B	1.58%
28	TROWT Rowe Price Group, Inc.	390,684	$36.1B	1.46%
29	MARMarriott Intl Inc New Cl A	304,992	$33.1B	1.34%
30	—Ingersoll-Rand, PLC	352,857	$32.2B	1.30%
31	FWRDUSDForward Air Corporation	576,360	$31.6B	1.28%
32	LSTRLandstar System, Inc.	326,590	$31.2B	1.26%
33	BRK/BBerkshire Hathaway Inc. B	143,521	$29.3B	1.19%
34	—Black Knight	588,362	$26.5B	1.07%
35	—Pinnacle Financial Partners, I	515,314	$23.8B	0.96%
36	—Aqua America, Inc.	670,385	$22.9B	0.93%
37	YUMYUM! Brands, Inc.	245,600	$22.6B	0.91%
38	—MEDNAX, Inc.	663,732	$21.9B	0.89%
39	FQIDigital Realty Trust, Inc.	195,537	$20.8B	0.84%
40	—White Mountains Insurance Grou	23,920	$20.5B	0.83%
41	MNROMonro Inc.	256,575	$17.6B	0.71%
42	PAGPenske Automotive Group Inc.	436,581	$17.6B	0.71%
43	RHIRobert Half Intl. Inc.	276,316	$15.8B	0.64%
44	—US Ecology, Inc.	247,605	$15.6B	0.63%
45	—Hostess Brands Inc.	1,396,371	$15.3B	0.62%
46	CHHChoice Hotels International, I	181,435	$13.0B	0.53%
47	—Natus Medical Inc.	377,765	$12.9B	0.52%
48	BRBroadridge Financial Solutions	131,171	$12.6B	0.51%
49	DHILDiamond Hill Investment Group,	77,704	$11.6B	0.47%
50	RSGRepublic Services, Inc.	159,880	$11.5B	0.47%
51	BENFranklin Resources, Inc.	387,419	$11.5B	0.47%
52	ANGOAngiodynamics, Inc.	568,300	$11.4B	0.46%
53	THRThermon Group Holdings, Inc.	541,985	$11.0B	0.44%
54	CBZCBIZ, Inc.	524,230	$10.3B	0.42%
55	MCXMcCormick & Company	73,884	$10.3B	0.42%
56	EXLSExlservice Holdings Inc.	185,605	$9.8B	0.40%
57	FTDRFrontdoor, Inc.	364,325	$9.7B	0.39%
58	—National Commerce Corporation	259,795	$9.4B	0.38%
59	FRPHFRP Holdings, Inc.	178,307	$8.2B	0.33%
60	—Versum Materials Inc.	287,227	$8.0B	0.32%
61	SCSCScansource, Inc.	231,125	$7.9B	0.32%
62	CIGIColliers International Group I	141,000	$7.8B	0.31%
63	FBINFortune Brands Home & Sec Inc	201,920	$7.7B	0.31%
64	—PC Connection, Inc.	253,640	$7.5B	0.31%
65	—Hallmark Financial Services, I	683,863	$7.3B	0.30%
66	IPGInterpublic Group of Companies	335,678	$6.9B	0.28%
67	CSVCarriage Services Inc.	443,845	$6.9B	0.28%
68	FELEFranklin Electric Co., Inc.	160,070	$6.9B	0.28%
69	MDUMDU Resources Group, Inc.	254,165	$6.1B	0.25%
70	IFFInternational Flavors and Frag	41,965	$5.6B	0.23%
71	MTDRMatador Resources Company	361,607	$5.6B	0.23%
72	—National Instruments	122,000	$5.5B	0.22%
73	CWSTCasella Waste System Inc.	191,942	$5.5B	0.22%
74	—Multi-Color Corp	140,710	$4.9B	0.20%
75	BOCBoston Omaha Corporation	182,740	$4.3B	0.17%
76	SYBTStock Yards Bancorp, Inc.	119,369	$3.9B	0.16%
77	WSOWatsco, Inc.	24,000	$3.3B	0.14%
78	HOMBHome BancShares, Inc.	167,509	$2.7B	0.11%
79	XOMExxon Mobil Corporation	26,435	$1.8B	0.07%
80	NBTBNBT Bancorp Inc	35,054	$1.2B	0.05%
81	—Allergan PLC	8,400	$1.1B	0.05%
82	WINAWinmark Corporation	6,741	$1.1B	0.04%
83	IBMInternational Business Machine	8,747	$994.0M	0.04%
84	AAPLApple Inc	5,610	$885.0M	0.04%
85	VUGVanguard Growth	6,581	$884.0M	0.04%
86	XLYSelect Sector Spdr Tr Sbi Cons	8,656	$857.0M	0.03%
87	—Powershares Dynamic Large Cap	17,000	$705.0M	0.03%
88	MSFTMicrosoft Corp	6,413	$651.0M	0.03%
89	XBISpdr Series Trust S&P Biotech	9,050	$649.0M	0.03%
90	FHBFirst Hawiian Inc.	26,326	$593.0M	0.02%
91	—Spdr S&P Regional Banking Etf	12,500	$585.0M	0.02%
92	—Chemical Financial Corp	15,675	$574.0M	0.02%
93	MRKMerck & Co Inc New	7,290	$557.0M	0.02%
94	CBUCommunity Bank System	8,098	$472.0M	0.02%
95	—Nestle Sa Ord F	5,800	$470.0M	0.02%
96	PFEPfizer Incorporated	10,659	$465.0M	0.02%
97	CNMDConmed Corp	7,087	$455.0M	0.02%
98	PGProcter & Gamble	4,767	$438.0M	0.02%
99	SPYSpdr S&P 500 ETF Trust	1,627	$407.0M	0.02%
100	—Glenville Bank Hldg Co	4,006	$369.0M	0.01%

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