CIK 1352449
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 |
|---|---|---|
| Unclassified | 25.55% | 10 |
| Specialty Retail | 21.83% | 3 |
| Commercial Services & Supplies | 12.60% | 5 |
| Technology Hardware & Equipment | 9.88% | 3 |
| Software & IT Services | 5.66% | 3 |
| Banks | 3.52% | 2 |
| Road & Rail | 3.36% | 2 |
| Distributors | 2.53% | 3 |
| Aerospace & Defense | 2.41% | 4 |
| Paper & Forest Products | 2.38% | 1 |
| Pharmaceuticals & Biotechnology | 1.83% | 6 |
| Chemicals | 1.75% | 2 |
| Semiconductors & Semiconductor Equipment | 1.55% | 2 |
| Hotels, Restaurants & Leisure | 1.39% | 2 |
| Insurance | 0.53% | 2 |
| Machinery | 0.53% | 2 |
| Diversified Consumer Services | 0.49% | 1 |
| Construction & Engineering | 0.45% | 2 |
| Software | 0.43% | 1 |
| Life Sciences Tools & Services | 0.41% | 1 |
| Oil, Gas & Consumable Fuels | 0.23% | 2 |
| Utilities | 0.23% | 2 |
| Marine | 0.18% | 1 |
| Electrical Equipment & Components | 0.16% | 2 |
| Equity Real Estate Investment Trusts (REITs) | 0.13% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | COST | COSTCO WHOLESALE CORP /NEW | Consumer Discretionary | 18.84% |
| 2 | BRK.B | BERKSHIRE HATHAWAY INC | Financials | 15.59% |
| 3 | AAPL | Apple Inc. | Information Technology | 9.32% |
| 4 | V | VISA INC. | Financials | 9.25% |
| 5 | AXP | AMERICAN EXPRESS CO | Financials | 3.44% |
| 6 | GOOG | Alphabet Inc. | Communication Services | 3.17% |
| 7 | LIBERTY | Unclassified | 3.07% | |
| 8 | UNP | UNION PACIFIC CORP | Industrials | 3.06% |
| 9 | AMZN | AMAZON COM INC | Consumer Discretionary | 2.88% |
| 10 | MA | Mastercard Inc | Financials | 2.85% |
56/65 names classified · sector 90.0% of weight · industry 74.5% · mkt cap 89.5%; 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: 90.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 71.9% of book weight (50/63 names) · unclassified 28.1%: BRK.B, , ONON, GDXJ, FFXDF, GLD, NVO, EADSF, AMRZ, EPD +3 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 | COSTCOSTCO WHSL CORP NEW | 57,185 | $57M | 18.8% | HOLD |
| 2 | BRK.BBERKSHIRE HATHAWAY INC DEL | 98,414 | $47M | 15.6% | HOLD |
| 3 | AAPLAPPLE INC | 111,037 | $28M | 9.3% | TRIM −4% |
| 4 | VVISA INC | 92,563 | $28M | 9.2% | HOLD |
| 5 | AXPAMERICAN EXPRESS CO | 34,430 | $10M | 3.4% | ADD 2% |
| 6 | GOOGALPHABET INC | 33,419 | $10M | 3.2% | HOLD |
| 7 | LIBERTY | 109,052 | $9M | 3.1% | HOLD |
| 8 | UNPUNION PAC CORP | 38,185 | $9M | 3.1% | HOLD |
| 9 | AMZNAMAZON COM INC | 41,859 | $9M | 2.9% | HOLD |
| 10 | MAMASTERCARD INCORPORATED | 17,224 | $9M | 2.8% | HOLD |
| 11 | GOOGLALPHABET INC | 25,365 | $7M | 2.4% | TRIM −4% |
| 12 | PKGPACKAGING CORP AMER | 33,958 | $7M | 2.4% | HOLD |
| 13 | LIBERTY | 151,762 | $6M | 2.1% | TRIM −3% |
| 14 | ONONON HLDG AG | 149,472 | $5M | 1.7% | TRIM −3% |
| 15 | Vaneck Vectors Gold Miners ETF | 53,050 | $5M | 1.6% | HOLD |
| 16 | MUMICRON TECHNOLOGY INC | 12,440 | $4M | 1.4% | ADD 4% |
| 17 | WCCWESCO INTL INC | 13,763 | $4M | 1.2% | HOLD |
| 18 | FERGFERGUSON ENTERPRISES INC | 14,773 | $3M | 1.1% | HOLD |
| 19 | RTXRTX CORPORATION | 17,373 | $3M | 1.1% | HOLD |
| 20 | GDXJVANECK ETF TRUST | 27,681 | $3M | 1.1% | TRIM −2% |
| 21 | CAVACAVA GROUP INC | 33,157 | $3M | 0.9% | ADD 15% |
| 22 | FFXDFFAIRFAX INDIA | 147,730 | $2M | 0.8% | ADD 16% |
| 23 | GLDSPDR GOLD TR | 4,756 | $2M | 0.7% | TRIM −2% |
| 24 | LHXL3HARRIS TECHNOLOGIES INC | 5,380 | $2M | 0.6% | ADD 4% |
| 25 | NVONOVO-NORDISK A S | 42,257 | $2M | 0.5% | ADD 14% |
| 26 | SBUXSTARBUCKS CORP | 16,921 | $2M | 0.5% | TRIM −3% |
| 27 | GHCGRAHAM HLDGS CO | 1,407 | $1M | 0.5% | HOLD |
| 28 | TERTERADYNE INC | 4,700 | $1M | 0.5% | TRIM −19% |
| 29 | LLYELI LILLY & CO | 1,480 | $1M | 0.5% | HOLD |
| 30 | DEDEERE & CO | 2,350 | $1M | 0.4% | HOLD |
| 31 | MSFTMICROSOFT CORP | 3,474 | $1M | 0.4% | TRIM −4% |
| 32 | AAGILENT TECHNOLOGIES INC | 11,005 | $1M | 0.4% | ADD 3% |
| 33 | NOCNORTHROP GRUMMAN CORP | 1,705 | $1M | 0.4% | HOLD |
| 34 | CBCHUBB CORP | 3,497 | $1M | 0.4% | ADD 3% |
| 35 | DHID R HORTON INC | 7,575 | $1M | 0.3% | HOLD |
| 36 | LMTLOCKHEED MARTIN CORP | 1,497 | $904,772 | 0.3% | TRIM −5% |
| 37 | NSCNORFOLK SOUTHN CORP | 3,150 | $904,050 | 0.3% | HOLD |
| 38 | ABBVABBVIE INC | 3,573 | $777,092 | 0.3% | HOLD |
| 39 | ABTABBOTT LABS | 7,478 | $767,766 | 0.3% | HOLD |
| 40 | JNJJOHNSON & JOHNSON | 3,106 | $759,231 | 0.3% | HOLD |
| 41 | EADSFAIRBUS SE ORDF | 3,845 | $714,446 | 0.2% | HOLD |
| 42 | AMRZAMRIZE LTD | 11,040 | $618,461 | 0.2% | ADD 13% |
| 43 | MGRCMCGRATH RENTCORP | 5,550 | $612,054 | 0.2% | HOLD |
| 44 | EFXEQUIFAX INC | 3,000 | $540,210 | 0.2% | TRIM −17% |
| 45 | KEXKIRBY CORP | 4,000 | $531,520 | 0.2% | HOLD |
| 46 | NVDANVIDIA CORPORATION | 2,870 | $500,528 | 0.2% | HOLD |
| 47 | MKLMARKEL GROUP INC | 250 | $478,518 | 0.2% | HOLD |
| 48 | EPDENTERPRISE PRODS PARTNERS L | 12,490 | $472,622 | 0.2% | ADD 17% |
| 49 | POOLPOOL CORP | 2,181 | $441,282 | 0.1% | ADD 22% |
| 50 | UHAL.BU HAUL HOLDING COMPANY | 9,235 | $412,527 | 0.1% | ADD 2% |
| 51 | OHIOMEGA HEALTHCARE INVS INC | 9,000 | $394,380 | 0.1% | HOLD |
| 52 | ABNBAIRBNB INC | 2,995 | $378,209 | 0.1% | HOLD |
| 53 | CVXCHEVRON CORP NEW | 1,740 | $360,006 | 0.1% | ADD 13% |
| 54 | SLBSCHLUMBERGER LTD | 6,800 | $349,452 | 0.1% | NEW |
| 55 | CHWYCHEWY INC | 12,300 | $332,100 | 0.1% | NEW |
| 56 | SPRYARS PHARMACEUTICALS INC | 39,850 | $319,996 | 0.1% | NEW |
| 57 | LENLENNAR CORP | 3,607 | $313,232 | 0.1% | HOLD |
| 58 | SPBSPECTRUM BRANDS HLDGS INC NE | 4,108 | $302,760 | 0.1% | TRIM −6% |
| 59 | XYLXYLEM INC | 2,330 | $278,435 | 0.1% | HOLD |
| 60 | GEGENERAL ELECTRIC CO | 940 | $266,744 | 0.1% | HOLD |
| 61 | DUKDUKE ENERGY CORP NEW | 1,774 | $232,288 | 0.1% | NEW |
| 62 | ADPAUTOMATIC DATA PROCESSING IN | 1,136 | $230,812 | 0.1% | HOLD |
| 63 | BNYBANK NEW YORK MELLON CORP | 1,886 | $223,736 | 0.1% | HOLD |
| 64 | GEVGE VERNOVA INC | 234 | $204,259 | 0.1% | NEW |
| 65 | ECLECOLAB INC | 756 | $201,111 | 0.1% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| COSTCOSTCO WHSL CORP NEW | 59K | 58K | 58K | 58K | 57K | 57K | $57M |
| BRK.BBERKSHIRE HATHAWAY INC DEL | 109K | 108K | 107K | 107K | 100K | 98K | $47M |
| AAPLAPPLE INC | 140K | 125K | 122K | 120K | 116K | 111K | $28M |
| VVISA INC | 96K | 95K | 95K | 95K | 93K | 93K | $28M |
| AXPAMERICAN EXPRESS CO | 36K | 35K | 35K | 35K | 34K | 34K | $10M |
| GOOGALPHABET INC | 36K | 34K | 33K | 33K | 33K | 33K | $10M |
| LIBERTY | 112K | 111K | 110K | 110K | 108K | 109K | $9M |
| UNPUNION PAC CORP | 37K | 36K | 36K | 36K | 38K | 38K | $9M |
| AMZNAMAZON COM INC | 43K | 42K | 42K | 42K | 42K | 42K | $9M |
| MAMASTERCARD INCORPORATED | 18K | 17K | 17K | 17K | 17K | 17K | $9M |
| GOOGLALPHABET INC | 31K | 28K | 27K | 27K | 26K | 25K | $7M |
| PKGPACKAGING CORP AMER | 38K | 36K | 35K | 35K | 34K | 34K | $7M |
| LIBERTY | 155K | 211K | 218K | 204K | 156K | 152K | $6M |
| ONONON HLDG AG | 181K | 178K | 176K | 169K | 155K | 149K | $5M |
| Vaneck Vectors Gold Miners ETF | — | 51K | 53K | 54K | 53K | 53K | $5M |
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.
