CIK 1308778
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 |
|---|---|---|
| Pharmaceuticals & Biotechnology | 15.33% | 3 |
| Capital Markets | 12.69% | 3 |
| Commercial Services & Supplies | 12.46% | 3 |
| Oil, Gas & Consumable Fuels | 11.13% | 4 |
| Unclassified | 10.40% | 5 |
| Software & IT Services | 9.95% | 3 |
| Metals & Mining | 5.24% | 1 |
| Technology Hardware & Equipment | 5.23% | 2 |
| Specialty Retail | 4.91% | 2 |
| Insurance | 4.70% | 1 |
| Real Estate Management & Development | 4.65% | 1 |
| Chemicals | 1.58% | 3 |
| Banks | 0.67% | 2 |
| Beverages | 0.32% | 2 |
| Semiconductors & Semiconductor Equipment | 0.21% | 1 |
| Software | 0.16% | 1 |
| Food Products | 0.12% | 1 |
| Aerospace & Defense | 0.12% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 0.07% | 1 |
| Automobiles & Components | 0.07% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SHY | ISHARES TR | Unclassified | 8.27% |
| 2 | JNJ | JOHNSON & JOHNSON | Health Care | 6.39% |
| 3 | GOOGL | Alphabet Inc. | Communication Services | 5.53% |
| 4 | SLB | SLB LIMITED/NV | Energy | 5.49% |
| 5 | ENB | ENBRIDGE INC | Energy | 5.27% |
| 6 | FNV | FRANCO NEVADA CORP | Materials | 5.24% |
| 7 | CME | CME GROUP INC. | Financials | 5.24% |
| 8 | RGLD | ROYAL GOLD INC | Financials | 5.09% |
| 9 | TMO | THERMO FISHER SCIENTIFIC INC. | Information Technology | 4.84% |
| 10 | AMZN | AMAZON COM INC | Consumer Discretionary | 4.81% |
37/41 names classified · sector 90.5% of weight · industry 89.6% · mkt cap 72.9%; 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: 90.5% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 72.0% of book weight (30/41 names) · unclassified 28.0%: SHY, ENB, FNV, BN, BAM, BRK.A, BRK.B, SPY, RSP, MFA +1 more. 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 | SHYISHARES TR | 537,036 | $44M | 8.3% | ADD 6% |
| 2 | JNJJOHNSON & JOHNSON | 140,160 | $34M | 6.4% | TRIM −4% |
| 3 | GOOGLALPHABET INC | 103,219 | $30M | 5.5% | TRIM −2% |
| 4 | SLBSCHLUMBERGER LTD | 572,791 | $29M | 5.5% | HOLD |
| 5 | ENBENBRIDGE INC | 522,260 | $28M | 5.3% | HOLD |
| 6 | FNVFRANCO NEV CORP | 113,864 | $28M | 5.2% | TRIM −22% |
| 7 | CMECME GROUP INC | 95,104 | $28M | 5.2% | HOLD |
| 8 | RGLDROYAL GOLD INC | 107,269 | $27M | 5.1% | TRIM −26% |
| 9 | TMOTHERMO FISHER SCIENTIFIC INC | 52,828 | $26M | 4.8% | HOLD |
| 10 | AMZNAMAZON COM INC | 123,774 | $26M | 4.8% | HOLD |
| 11 | PFEPFIZER INC | 898,150 | $25M | 4.7% | ADD 8% |
| 12 | WRBBERKLEY W R CORP | 380,335 | $25M | 4.7% | HOLD |
| 13 | BNBROOKFIELD CORP | 615,995 | $25M | 4.6% | HOLD |
| 14 | ADPAUTOMATIC DATA PROCESSING IN | 114,520 | $23M | 4.3% | ADD 33% |
| 15 | ABTABBOTT LABS | 221,538 | $23M | 4.2% | ADD 11% |
| 16 | FISVFISERV INC | 401,390 | $22M | 4.2% | ADD 8% |
| 17 | MAMASTERCARD INCORPORATED | 44,686 | $22M | 4.2% | HOLD |
| 18 | VVISA INC | 73,120 | $22M | 4.1% | HOLD |
| 19 | BAMBROOKFIELD ASSET MANAGMT LTD | 284,947 | $13M | 2.4% | HOLD |
| 20 | CLXCLOROX CO DEL | 75,110 | $8M | 1.5% | HOLD |
| 21 | BRK.ABERKSHIRE HATHAWAY INC DEL | 8 | $6M | 1.1% | HOLD |
| 22 | BRK.BBERKSHIRE HATHAWAY INC DEL | 9,652 | $5M | 0.9% | HOLD |
| 23 | USBUS BANCORP | 54,842 | $3M | 0.5% | HOLD |
| 24 | AAPLAPPLE INC | 8,303 | $2M | 0.4% | HOLD |
| 25 | KOCOCA COLA CO | 16,848 | $1M | 0.2% | HOLD |
| 26 | PSXPHILLIPS 66 | 6,580 | $1M | 0.2% | HOLD |
| 27 | MUMICRON TECHNOLOGY INC | 3,335 | $1M | 0.2% | HOLD |
| 28 | MSFTMICROSOFT CORP | 2,283 | $845,011 | 0.2% | ADD 25% |
| 29 | CVXCHEVRON CORP NEW | 3,792 | $784,565 | 0.1% | HOLD |
| 30 | JPMJPMORGAN CHASE & CO | 2,529 | $743,931 | 0.1% | HOLD |
| 31 | HSYHERSHEY CO | 3,217 | $668,782 | 0.1% | HOLD |
| 32 | GDGENERAL DYNAMICS CORP | 1,918 | $658,296 | 0.1% | HOLD |
| 33 | PGPROCTER AND GAMBLE CO | 4,492 | $648,824 | 0.1% | HOLD |
| 34 | SPYSTATE STR SPDR S&P 500 ETF T | 952 | $618,806 | 0.1% | HOLD |
| 35 | CASYCASEYS GEN STORES INC | 800 | $582,288 | 0.1% | NEW |
| 36 | RSPINVESCO EXCHANGE TRADED FD T | 2,313 | $443,911 | 0.1% | TRIM −5% |
| 37 | PEPPEPSICO INC | 2,819 | $437,763 | 0.1% | HOLD |
| 38 | METAMETA PLATFORMS INC | 759 | $434,247 | 0.1% | ADD 69% |
| 39 | MFAMFA FINL INC | 39,725 | $380,566 | 0.1% | TRIM −62% |
| 40 | TSLATESLA INC | 975 | $362,456 | 0.1% | ADD 5% |
| 41 | ZONECLEANCORE SOLUTIONS INC | 57,471 | $20,477 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SHYISHARES TR | 457K | 452K | 453K | 470K | 505K | 537K | $44M |
| JNJJOHNSON & JOHNSON | 128K | 151K | 151K | 150K | 146K | 140K | $34M |
| GOOGLALPHABET INC | 138K | 137K | 138K | 134K | 106K | 103K | $30M |
| SLBSCHLUMBERGER LTD | — | 530K | 557K | 563K | 580K | 573K | $29M |
| ENBENBRIDGE INC | 513K | 518K | 517K | 517K | 524K | 522K | $28M |
| FNVFRANCO NEV CORP | 165K | 173K | 165K | 158K | 146K | 114K | $28M |
| CMECME GROUP INC | 97K | 98K | 95K | 95K | 96K | 95K | $28M |
| RGLDROYAL GOLD INC | 161K | 165K | 155K | 153K | 145K | 107K | $27M |
| TMOTHERMO FISHER SCIENTIFIC INC | — | — | 56K | 56K | 53K | 53K | $26M |
| AMZNAMAZON COM INC | 130K | 127K | 124K | 122K | 122K | 124K | $26M |
| PFEPFIZER INC | 653K | 784K | 797K | 805K | 835K | 898K | $25M |
| WRBBERKLEY W R CORP | 411K | 413K | 386K | 380K | 379K | 380K | $25M |
| BNBROOKFIELD CORP | 439K | 434K | 430K | 417K | 617K | 616K | $25M |
| ADPAUTOMATIC DATA PROCESSING IN | 85K | 84K | 82K | 83K | 86K | 115K | $23M |
| ABTABBOTT LABS | 187K | 197K | 195K | 195K | 199K | 222K | $23M |
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.
