CIK 1986196
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 |
|---|---|---|
| Specialty Retail | 30.40% | 4 |
| Unclassified | 11.00% | 2 |
| Commercial Services & Supplies | 10.88% | 2 |
| Distributors | 9.73% | 1 |
| Pharmaceuticals & Biotechnology | 9.48% | 1 |
| Hotels, Restaurants & Leisure | 8.54% | 1 |
| Software & IT Services | 6.60% | 2 |
| Chemicals | 5.35% | 1 |
| Software | 4.62% | 1 |
| Health Care Equipment & Supplies | 3.40% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | ORLY | O REILLY AUTOMOTIVE INC | Consumer Discretionary | 15.32% |
| 2 | FERG | Ferguson Enterprises Inc. /DE/ | Consumer Discretionary | 9.73% |
| 3 | PVLA | PALVELLA THERAPEUTICS, INC. | Health Care | 9.48% |
| 4 | BRK.B | BERKSHIRE HATHAWAY INC | Financials | 8.82% |
| 5 | HLT | Hilton Worldwide Holdings Inc. | Consumer Discretionary | 8.54% |
| 6 | AZO | AUTOZONE INC | Consumer Discretionary | 7.52% |
| 7 | V | VISA INC. | Financials | 7.49% |
| 8 | LIN | LINDE PLC | Materials | 5.35% |
| 9 | SHW | SHERWIN WILLIAMS CO | Consumer Discretionary | 4.62% |
| 10 | NOW | ServiceNow, Inc. | Information Technology | 4.62% |
15/16 names classified · sector 97.8% of weight · industry 89.0% · mkt cap 97.8%; 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: 97.8% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 76.1% of book weight (12/16 names) · unclassified 23.9%: PVLA, BRK.B, MDLN, BIL. 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 | ORLYOREILLY AUTOMOTIVE INC | 197,979 | $18M | 15.3% | TRIM −20% |
| 2 | FERGFERGUSON ENTERPRISES INC | 49,789 | $12M | 9.7% | TRIM −16% |
| 3 | PVLAPALVELLA THERAPEUTICS INC | 90,757 | $11M | 9.5% | HOLD |
| 4 | BRK.BBERKSHIRE HATHAWAY INC DEL | 21,961 | $11M | 8.8% | TRIM −13% |
| 5 | HLTHILTON WORLDWIDE HLDGS INC | 33,511 | $10M | 8.5% | TRIM −24% |
| 6 | AZOAUTOZONE INC | 2,658 | $9M | 7.5% | TRIM −29% |
| 7 | VVISA INC | 29,558 | $9M | 7.5% | ADD 10% |
| 8 | LINLINDE PLC | 12,868 | $6M | 5.3% | NEW |
| 9 | SHWSHERWIN WILLIAMS CO | 17,202 | $6M | 4.6% | HOLD |
| 10 | NOWSERVICENOW INC | 52,731 | $6M | 4.6% | HOLD |
| 11 | VRSKVERISK ANALYTICS INC | 21,676 | $4M | 3.4% | NEW |
| 12 | MDLNMEDLINE INC | 91,159 | $4M | 3.4% | NEW |
| 13 | SPGIS&P GLOBAL INC | 9,517 | $4M | 3.4% | TRIM −27% |
| 14 | GOOGLALPHABET INC | 13,074 | $4M | 3.2% | NEW |
| 15 | CPRTCOPART INC | 105,619 | $4M | 2.9% | NEW |
| 16 | BILSPDR SERIES TRUST | 28,426 | $3M | 2.2% | TRIM −47% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| ORLYOREILLY AUTOMOTIVE INC | 20K | 18K | 250K | 249K | 247K | 198K | $18M |
| FERGFERGUSON ENTERPRISES INC | 67K | 60K | 60K | 60K | 59K | 50K | $12M |
| PVLAPALVELLA THERAPEUTICS INC | — | — | 92K | 92K | 92K | 91K | $11M |
| BRK.BBERKSHIRE HATHAWAY INC DEL | 28K | 26K | 25K | 25K | 25K | 22K | $11M |
| HLTHILTON WORLDWIDE HLDGS INC | 44K | 45K | 45K | 44K | 44K | 34K | $10M |
| AZOAUTOZONE INC | 4K | 4K | 4K | 4K | 4K | 3K | $9M |
| VVISA INC | 21K | 24K | 27K | 27K | 27K | 30K | $9M |
| LINLINDE PLC | — | — | — | — | — | 13K | $6M |
| SHWSHERWIN WILLIAMS CO | 35K | 18K | 18K | 17K | 17K | 17K | $6M |
| NOWSERVICENOW INC | 12K | 11K | 11K | 11K | 53K | 53K | $6M |
| VRSKVERISK ANALYTICS INC | — | — | — | — | — | 22K | $4M |
| MDLNMEDLINE INC | — | — | — | — | — | 91K | $4M |
| SPGIS&P GLOBAL INC | 14K | 13K | 13K | 13K | 13K | 10K | $4M |
| GOOGLALPHABET INC | — | — | — | — | — | 13K | $4M |
| CPRTCOPART INC | — | — | — | — | — | 106K | $4M |
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.
