# EDGAR Filing Document

**Accession Number:** 0001729212
**File Stem:** 0001104659-23-022013
**Filing Date:** 2023-2
**Character Count:** 10634
**Document Hash:** 16eed5c8de462bbc99e8e0bf123cc1e8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-022013.hdr.sgml**: 20230215

**ACCESSION NUMBER**: 0001104659-23-022013

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230215

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230215

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Port Capital LLC
- **CENTRAL INDEX KEY:** 0001729212
- **IRS NUMBER:** 320475866
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18218
- **FILM NUMBER:** 23632143

**BUSINESS ADDRESS:**
- **STREET 1:** 180 NORTH STETSON AVENUE, SUITE 5700
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60601
- **BUSINESS PHONE:** 312.788.2400

**MAIL ADDRESS:**
- **STREET 1:** 180 NORTH STETSON AVENUE, SUITE 5700
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60601

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Port Capital LLC<br>**Address:** 180 North Stetson Avenue Suite 5700<br>Chicago, IL 60601

**Form 13F File Number:** 028-18218

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Tracy Rothmeyer<br>**Title:** Executive Vice President and Chief Compliance Officer<br>**Phone:** 312-788-2400

**Signature, Place, and Date of Signing:**

/s/ Tracy Rothmeyer  Chicago, IL  02-14-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 68

**Form 13F Information Table Value Total:** $1383406000

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS COM | COM | 002824100 |  | 845000 | 7701 | SH |  | SOLE |  | 7701 | 0 | 0 |
| AIR PRODS  CHEMS INC COM | COM | 009158106 |  | 20926000 | 67885 | SH |  | SOLE |  | 67885 | 0 | 0 |
| ALPHABET INC CAP STK CL A | CAP STK CL A | 02079K305 |  | 5191000 | 58840 | SH |  | SOLE |  | 58840 | 0 | 0 |
| ALPHABET INC CAP STK CL C | CAP STK CL C | 02079K107 |  | 1483000 | 16711 | SH |  | SOLE |  | 16711 | 0 | 0 |
| ALPHATEC HLDGS INC COM NEW | COM NEW | 02081G201 |  | 161000 | 13000 | SH |  | SOLE |  | 13000 | 0 | 0 |
| AMAZON COM INC COM | COM | 023135106 |  | 418000 | 4982 | SH |  | SOLE |  | 4982 | 0 | 0 |
| AMETEK INC COM | COM | 031100100 |  | 59128000 | 423191 | SH |  | SOLE |  | 423191 | 0 | 0 |
| AMPHENOL CORP NEW CL A | CL A | 032095101 |  | 53361000 | 700828 | SH |  | SOLE |  | 700828 | 0 | 0 |
| APPLE INC COM | COM | 037833100 |  | 8573000 | 65978 | SH |  | SOLE |  | 65978 | 0 | 0 |
| ARCH CAP GROUP LTD ORD | ORD | G0450A105 |  | 39948000 | 636316 | SH |  | SOLE |  | 636316 | 0 | 0 |
| BERKSHIRE HATHAWAY CLASS B | CL B NEW | 084670702 |  | 569000 | 1843 | SH |  | SOLE |  | 1843 | 0 | 0 |
| CANADIAN PAC RY LTD COM | COM | 13645T100 |  | 48247000 | 646827 | SH |  | SOLE |  | 646827 | 0 | 0 |
| COLGATE PALMOLIVE CO COM | COM | 194162103 |  | 6559000 | 83245 | SH |  | SOLE |  | 83245 | 0 | 0 |
| COMCAST CORP NEW CL A | CL A | 20030N101 |  | 476000 | 13610 | SH |  | SOLE |  | 13610 | 0 | 0 |
| CONOCOPHILLIPS COM | COM | 20825C104 |  | 495000 | 4191 | SH |  | SOLE |  | 4191 | 0 | 0 |
| COPART INC COM | COM | 217204106 |  | 49855000 | 818774 | SH |  | SOLE |  | 818774 | 0 | 0 |
| CSW INDUSTRIALS INC COM | COM | 126402106 |  | 904000 | 7800 | SH |  | SOLE |  | 7800 | 0 | 0 |
| FISERV INC COM | COM | 337738108 |  | 32491000 | 321475 | SH |  | SOLE |  | 321475 | 0 | 0 |
| GLACIER BANCORP INC NEW COM | COM | 37637Q105 |  | 32549000 | 658618 | SH |  | SOLE |  | 658618 | 0 | 0 |
| GRACO INC COM | COM | 384109104 |  | 45630000 | 678407 | SH |  | SOLE |  | 678407 | 0 | 0 |
| HAYWARD HLDGS INC COM | COM | 421298100 |  | 11046000 | 1175073 | SH |  | SOLE |  | 1175073 | 0 | 0 |
| HEICO CORP NEW CL A | CL A | 422806208 |  | 110071000 | 918405 | SH |  | SOLE |  | 918405 | 0 | 0 |
| HINGHAM INSTN SVGS MASS COM | COM | 433323102 |  | 37599000 | 136248 | SH |  | SOLE |  | 136248 | 0 | 0 |
| HONEYWELL INTL INC COM | COM | 438516106 |  | 306000 | 1426 | SH |  | SOLE |  | 1426 | 0 | 0 |
| IDEX CORP COM | COM | 45167R104 |  | 68671000 | 300755 | SH |  | SOLE |  | 300755 | 0 | 0 |
| ILLINOIS TOOL WKS INC COM | COM | 452308109 |  | 372000 | 1690 | SH |  | SOLE |  | 1690 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE INC | COM | 45866F104 |  | 36783000 | 358544 | SH |  | SOLE |  | 358544 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS C | COM | 459200101 |  | 698000 | 4955 | SH |  | SOLE |  | 4955 | 0 | 0 |
| ISHARES GOLD TR ISHARES | ISHARES NEW | 464285204 |  | 738000 | 21350 | SH |  | SOLE |  | 21350 | 0 | 0 |
| JOHNSON  JOHNSON COM | COM | 478160104 |  | 1275000 | 7215 | SH |  | SOLE |  | 7215 | 0 | 0 |
| JPMORGAN CHASE  CO COM | COM | 46625H100 |  | 875000 | 6525 | SH |  | SOLE |  | 6525 | 0 | 0 |
| KINSALE CAP GROUP INC COM | COM | 49714P108 |  | 32811000 | 125463 | SH |  | SOLE |  | 125463 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC COM | COM | 502431109 |  | 8376000 | 40228 | SH |  | SOLE |  | 40228 | 0 | 0 |
| LINDE PLC SHS | SHS | G5494J103 |  | 51148000 | 156808 | SH |  | SOLE |  | 156808 | 0 | 0 |
| MASTERCARD INCORPORATED CL A | CL A | 57636Q104 |  | 35171000 | 101146 | SH |  | SOLE |  | 101146 | 0 | 0 |
| MCDONALDS CORP COM | COM | 580135101 |  | 480000 | 1822 | SH |  | SOLE |  | 1822 | 0 | 0 |
| MERCK  CO INC COM | COM | 58933Y105 |  | 1202000 | 10831 | SH |  | SOLE |  | 10831 | 0 | 0 |
| MICROSOFT CORP COM | COM | 594918104 |  | 3345000 | 13946 | SH |  | SOLE |  | 13946 | 0 | 0 |
| NORTHERN TR CORP COM | COM | 665859104 |  | 523000 | 5909 | SH |  | SOLE |  | 5909 | 0 | 0 |
| ONTO INNOVATION INC | COM | 683344105 |  | 19155000 | 281319 | SH |  | SOLE |  | 281319 | 0 | 0 |
| OREILLY AUTOMOTIVE INC COM | COM | 67103H107 |  | 55460000 | 65709 | SH |  | SOLE |  | 65709 | 0 | 0 |
| PEPSICO INC COM | COM | 713448108 |  | 320000 | 1774 | SH |  | SOLE |  | 1774 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETROBR | SP ADR NON VTG | 71654V101 |  | 689000 | 74101 | SH |  | SOLE |  | 74101 | 0 | 0 |
| PFIZER INC COM | COM | 717081103 |  | 519000 | 10135 | SH |  | SOLE |  | 10135 | 0 | 0 |
| PHILLIPS 66 COM | COM | 718546104 |  | 267000 | 2568 | SH |  | SOLE |  | 2568 | 0 | 0 |
| PROGRESSIVE CORP COM | COM | 743315103 |  | 48841000 | 376539 | SH |  | SOLE |  | 376539 | 0 | 0 |
| PROSPERITY BANCSHARES INC COM | COM | 743606105 |  | 36438000 | 501355 | SH |  | SOLE |  | 501355 | 0 | 0 |
| RBC BEARINGS INC COM | COM | 75524B104 |  | 70142000 | 335046 | SH |  | SOLE |  | 335046 | 0 | 0 |
| RLI CORP COM | COM | 749607107 |  | 86381000 | 658043 | SH |  | SOLE |  | 658043 | 0 | 0 |
| ROPER TECHNOLOGIES INC COM | COM | 776696106 |  | 26715000 | 61827 | SH |  | SOLE |  | 61827 | 0 | 0 |
| RYAN SPECIALTY GROUP HLDGS INC | CL A | 78351F107 |  | 415000 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| SELECTIVE INS GROUP INC COM | COM | 816300107 |  | 13854000 | 156350 | SH |  | SOLE |  | 156350 | 0 | 0 |
| SIMPSON MFG INC COM | COM | 829073105 |  | 31011000 | 349771 | SH |  | SOLE |  | 349771 | 0 | 0 |
| TE CONNECTIVITY LTD SHS | SHS | H84989104 |  | 1625000 | 14157 | SH |  | SOLE |  | 14157 | 0 | 0 |
| TELEDYNE TECHNOLOGIES INC COM | COM | 879360105 |  | 80871000 | 202223 | SH |  | SOLE |  | 202223 | 0 | 0 |
| TEXAS INSTRS INC COM | COM | 882508104 |  | 2022000 | 12236 | SH |  | SOLE |  | 12236 | 0 | 0 |
| UNILEVER PLC SPON ADR NEW | SPON ADR NEW | 904767704 |  | 352000 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| UNITEDHEALTH GROUP INC COM | COM | 91324P102 |  | 26917000 | 50769 | SH |  | SOLE |  | 50769 | 0 | 0 |
| VISA INC COM CL A | COM CL A | 92826C839 |  | 17891000 | 86113 | SH |  | SOLE |  | 86113 | 0 | 0 |
| WINMARK CORP COM | COM | 974250102 |  | 30166000 | 127915 | SH |  | SOLE |  | 127915 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L P | COM | 293792107 |  | 223000 | 9250 | SH |  | SOLE |  | 9250 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD TR | S EQL WGT | 46137V357 |  | 14949000 | 105836 | SH |  | SOLE |  | 105836 | 0 | 0 |
| ISHARES TR CORE S SCP ETF | CORE S SCP ETF | 464287804 |  | 360000 | 3799 | SH |  | SOLE |  | 3799 | 0 | 0 |
| ISHARES TR RUS MDCP VAL ETF | RUS MDCP VAL ETF | 464287473 |  | 934000 | 8863 | SH |  | SOLE |  | 8863 | 0 | 0 |
| SCHWAB STRATEGIC TR INTL EQTY | INTL EQTY ETF | 808524805 |  | 2242000 | 69600 | SH |  | SOLE |  | 69600 | 0 | 0 |
| SPDR INDEX SHS FDS PORTFOLIO D | PORTFOLIO DEVLPD | 78463X889 |  | 534000 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| SPDR S 500 ETF TR TR UNIT | TR UNIT | 78462F103 |  | 4443000 | 11617 | SH |  | SOLE |  | 11617 | 0 | 0 |
| VANGUARD INDEX FDS TOTAL STK M | TOTAL STK MKT | 922908769 |  | 371000 | 1938 | SH |  | SOLE |  | 1938 | 0 | 0 |

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