Fenimore Asset Management Inc.
Fenimore Asset Management Inc is an independent, SEC-registered investment adviser headquartered in Cobleskill, NY. Founded over 50 years ago, Fenimore manages a suite of mutual funds (FAM Funds) and offers investment management solutions to individuals, high net worth investors, institutions, pensions, and charitable organizations. The firm is known for its personalized service, in-depth research process, and a focus on both local and national clients. As of 2025, Fenimore employs about 44 professionals.
Investment Strategy
Fenimore Asset Management emphasizes independent, in-depth fundamental research and seeks to invest in high-quality, attractively valued businesses with strong balance sheets and proven track records. Its investment philosophy centers on long-term ownership and understanding the underlying value of each holding. The firm builds concentrated portfolios across its FAM Funds, targeting companies with sustainable competitive advantages and prudent capital management, and prioritizes risk management and capital preservation.
Top Holdings
Equity Positions (88)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A APH | Amphenol Corp. | 5.09% | $253.7M | 2,050,259 | $37.32 | $123.75 | +$27.8M |
R ROST | Ross Stores, Inc. | 4.90% | $244.6M | 1,605,273 | $22.13 | $152.39 | +$39.8M |
V VMC | Vulcan Materials | 4.11% | $204.8M | 665,666 | $130.34 | $307.62 | +$31.1M |
B BRO | Brown & Brown, Inc. | 4.05% | $202.3M | 2,156,455 | $15.53 | $93.79 | -$35.0M |
S SYK | Stryker Corporation | 3.89% | $194.2M | 525,437 | $64.95 | $369.67 | -$13.4M |