# Clio Asset Management LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1986196. Source: https://holderbook.com/funds/1986196-clio-asset-management-llc/

- Reported value: $125.8M
- Positions: 15
- Weight of the ten largest: 81.9%
- Filed: 2026-07-23

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $17.6M | 191,342 | 14.0% | 13 |
| PALVELLA THERAPEUTICS INC NE | [PVLA](https://holderbook.com/stocks/PVLA/) | $13.2M | 86,343 | 10.5% | 5 |
| FERGUSON ENTERPRISES INC | [FERG](https://holderbook.com/stocks/FERG/) | $11.4M | 48,090 | 9.1% | 8 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $11.4M | 33,250 | 9.1% | 11 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $10.7M | 32,362 | 8.5% | 12 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $10.6M | 21,213 | 8.4% | 13 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $8.2M | 2,566 | 6.5% | 12 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $6.8M | 19,002 | 5.4% | 2 |
| S&P GLOBAL INC | - | $6.7M | 16,347 | 5.3% | 1 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $6.4M | 12,422 | 5.1% | 2 |
| MEDLINE INC | [MDLN](https://holderbook.com/stocks/MDLN/) | $6.2M | 157,171 | 4.9% | 2 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $5.7M | 16,610 | 4.5% | 13 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $4.7M | 167,365 | 3.8% | 2 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $3.3M | 36,012 | 2.6% | 8 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $2.8M | 12,241 | 2.2% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +4.0% | +14.8% | -10.8% | 100% |
| Q1 2026 | -2.7% | -4.6% | +1.9% | 100% |
| Q4 2025 | -4.0% | +2.4% | -6.3% | 100% |
| Q3 2025 | +6.0% | +7.8% | -1.8% | 100% |
| Q2 2025 | +4.8% | +10.5% | -5.6% | 100% |
| Q1 2025 | +2.8% | -4.6% | +7.3% | 100% |
| Q4 2024 | -3.9% | +2.1% | -6.0% | 100% |
| Q3 2024 | +10.2% | +5.4% | +4.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $125.8M | 15 |
| Q1 2026 | $119.3M | 16 |
| Q4 2025 | $128.8M | 14 |
| Q3 2025 | $134.7M | 14 |
| Q2 2025 | $127.5M | 15 |
| Q1 2025 | $125.7M | 14 |
| Q4 2024 | $135.6M | 16 |
| Q3 2024 | $142.5M | 14 |
| Q2 2024 | $128.0M | 12 |
| Q1 2024 | $138.4M | 12 |
| Q4 2023 | $123.1M | 12 |
| Q3 2023 | $114.4M | 11 |