CIK 1034541
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Capital Markets | 13.38% | 2 |
| Construction & Engineering | 10.92% | 3 |
| Specialty Retail | 9.94% | 2 |
| Unclassified | 9.70% | 2 |
| Insurance | 8.95% | 2 |
| Household Durables | 8.11% | 2 |
| Automobiles & Components | 8.10% | 2 |
| Semiconductors & Semiconductor Equipment | 7.96% | 1 |
| Transportation Infrastructure | 7.34% | 1 |
| Banks | 6.92% | 4 |
| Technology Hardware & Equipment | 4.15% | 1 |
| Chemicals | 3.42% | 1 |
| Textiles, Apparel & Luxury Goods | 0.71% | 1 |
| Paper & Forest Products | 0.21% | 3 |
| Software & IT Services | 0.21% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SCHW | SCHWAB CHARLES CORP | Financials | 10.20% |
| 2 | IBP | Installed Building Products, Inc. | Industrials | 8.07% |
| 3 | SGI | SOMNIGROUP INTERNATIONAL INC. | Consumer Discretionary | 8.00% |
| 4 | ADI | ANALOG DEVICES INC | Information Technology | 7.96% |
| 5 | THO | THOR INDUSTRIES INC | Consumer Discretionary | 7.50% |
| 6 | BKNG | Booking Holdings Inc. | Industrials | 7.34% |
| 7 | PGR | PROGRESSIVE CORP/OH/ | Financials | 6.67% |
| 8 | AXP | AMERICAN EXPRESS CO | Financials | 6.27% |
| 9 | BRK.B | BERKSHIRE HATHAWAY INC | Financials | 5.36% |
| 10 | ABG | ASBURY AUTOMOTIVE GROUP INC | Consumer Discretionary | 5.10% |
27/28 names classified · sector 95.7% of weight · industry 90.3% · mkt cap 91.8%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 95.7% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 86.4% of book weight (24/28 names) · unclassified 13.6%: BRK.B, BRK.A, MC, GOOS. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | SCHWSCHWAB CHARLES CORP | 2,948,987 | $277M | 10.2% | TRIM −2% |
| 2 | IBPINSTALLED BLDG PRODS INC | 826,867 | $219M | 8.1% | HOLD |
| 3 | SGISOMNIGROUP INTERNATIONAL INC | 2,941,632 | $217M | 8.0% | TRIM −2% |
| 4 | ADIANALOG DEVICES INC | 679,859 | $216M | 8.0% | TRIM −26% |
| 5 | THOTHOR INDS INC | 2,551,474 | $204M | 7.5% | HOLD |
| 6 | BKNGBOOKING HOLDINGS INC | 47,347 | $199M | 7.3% | HOLD |
| 7 | PGRPROGRESSIVE CORP | 914,198 | $181M | 6.7% | HOLD |
| 8 | AXPAMERICAN EXPRESS CO | 562,998 | $170M | 6.3% | HOLD |
| 9 | BRK.BBERKSHIRE HATHAWAY INC DEL | 304,054 | $146M | 5.4% | HOLD |
| 10 | ABGASBURY AUTOMOTIVE GROUP INC | 709,630 | $139M | 5.1% | HOLD |
| 11 | FNDFLOOR & DECOR HLDGS INC | 2,585,343 | $131M | 4.8% | HOLD |
| 12 | BRK.ABERKSHIRE HATHAWAY INC DEL | 164 | $118M | 4.3% | TRIM −5% |
| 13 | ANETARISTA NETWORKS INC | 918,300 | $113M | 4.1% | HOLD |
| 14 | AWIARMSTRONG WORLD INDS INC NEW | 563,451 | $93M | 3.4% | HOLD |
| 15 | MCMOELIS & CO | 1,514,701 | $86M | 3.2% | ADD 8% |
| 16 | NVRNVR INC | 11,401 | $75M | 2.8% | HOLD |
| 17 | KNSLKINSALE CAP GROUP INC | 181,046 | $62M | 2.3% | NEW |
| 18 | GOOSCANADA GOOSE HOLDINGS INC | 1,758,525 | $19M | 0.7% | TRIM −9% |
| 19 | PATKPATRICK INDS INC | 146,000 | $16M | 0.6% | ADD 7% |
| 20 | LKFNLAKELAND FINL CORP | 210,411 | $12M | 0.4% | ADD 5% |
| 21 | CLVTCLARIVATE PLC | 2,250,000 | $6M | 0.2% | HOLD |
| 22 | BURBURFORD CAP LTD | 1,103,016 | $5M | 0.2% | HOLD |
| 23 | SWSMURFIT WESTROCK PLC | 105,000 | $4M | 0.2% | ADD 11% |
| 24 | WHRWHIRLPOOL CORP | 52,500 | $3M | 0.1% | ADD 24% |
| 25 | IESCIES HLDGS INC | 5,000 | $2M | 0.1% | HOLD |
| 26 | IPINTERNATIONAL PAPER CO | 30,400 | $1M | 0.0% | HOLD |
| 27 | GABCGERMAN AMERN BANCORP INC | 15,000 | $626,850 | 0.0% | HOLD |
| 28 | KMBKIMBERLY-CLARK CORP | 5,000 | $482,350 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SCHWSCHWAB CHARLES CORP | 3.3M | 3.3M | 3.2M | 3.1M | 3.0M | 2.9M | $277M |
| IBPINSTALLED BLDG PRODS INC | — | 500K | 867K | 861K | 841K | 827K | $219M |
| SGISOMNIGROUP INTERNATIONAL INC | 4.2M | 4.3M | 4.0M | 3.1M | 3.0M | 2.9M | $217M |
| ADIANALOG DEVICES INC | 936K | 945K | 945K | 937K | 920K | 680K | $216M |
| THOTHOR INDS INC | 2.0M | 2.4M | 2.7M | 2.7M | 2.6M | 2.6M | $204M |
| BKNGBOOKING HOLDINGS INC | 49K | 50K | 49K | 48K | 47K | 47K | $199M |
| PGRPROGRESSIVE CORP | 1.1M | 990K | 942K | 932K | 917K | 914K | $181M |
| AXPAMERICAN EXPRESS CO | 976K | 809K | 808K | 586K | 573K | 563K | $170M |
| BRK.BBERKSHIRE HATHAWAY INC DEL | 339K | 335K | 321K | 318K | 308K | 304K | $146M |
| ABGASBURY AUTOMOTIVE GROUP INC | 708K | 713K | 724K | 726K | 714K | 710K | $139M |
| FNDFLOOR & DECOR HLDGS INC | 1.8M | 2.4M | 2.6M | 2.6M | 2.6M | 2.6M | $131M |
| BRK/ABERKSHIRE HATHAWAY INC DEL | 202 | 186 | 176 | 172 | 172 | 164 | $118M |
| ANETARISTA NETWORKS INC | 1.2M | 1.2M | 1.2M | 954K | 935K | 918K | $113M |
| AWIARMSTRONG WORLD INDS INC NEW | 924K | 859K | 840K | 583K | 572K | 563K | $93M |
| MCMOELIS & CO | 2.0M | 1.4M | 1.4M | 1.4M | 1.4M | 1.5M | $86M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Where this firm's principals came from and which firms its alumni went on to found.
