BROAD RUN INVESTMENT MANAGEMENT, LLC

CRD 165067File 801-77021

APPROVED

Retail clients

Filing as of Mar 20, 2026

Feed vintage Aug 17, 2026

Regulatory AUM

$681.8M

Above cohort median (national)

Discretionary AUM

$681.8M

Clients

140

140 accounts

Employees

Above cohort median in VA

Identity & registration

ADV Item 1

Organization form: Limited Liability Company
Firm type: Registered
SEC region: PLRO
Registration date: Aug 15, 2012
Principal office: 1530 WILSON BLVD, SUITE 530, ARLINGTON, VA, 22209
Phone: 703-260-1260
Website: https://www.linkedin.com/company/broadrun/

Assets & accounts

ADV Item 5F

Total regulatory AUM: $681.8M
Discretionary AUM: $681.8M
Non-discretionary AUM: $0
Discretionary accounts: 140
Non-discretionary accounts: 0
Total accounts: 140
AUM per client: $4.9M

Clients by type

ADV Item 5D

Client type	Clients	AUM
Investment companies	1	$513.2M
Charitable organizations	7	$17.5M
High net worth individuals	111	$134.6M
Pooled investment vehicles	1	$7.1M
Individuals (other than high net worth individuals)	20	$9.4M

Compensation & activities

ADV Items 5E, 5G

Compensation

A percentage of assets under your management

Advisory activities

Portfolio management for businesses
Portfolio management for investment companies
Portfolio management for pooled investment vehicles
Portfolio management for individuals and/or small businesses

Custody

ADV Item 9

Firm Custody Cash: No
Firm Custody Assets: No
Firm Custody Clients: No
Firm Custody Securities: No
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: No

Disclosure events

ADV Item 11

This firm answered no to every Item 11 disclosure question in this filing.

Filed changes

Date	Field	From	To
Aug 12, 2026	Registration	—	APPROVED

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.