Aldebaran Capital, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Aldebaran Capital, LLC reported 34 stock positions worth $101.3 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 20.2% of the portfolio, followed by Microsoft (MSFT, 9.4%) and Bunge Global (BG, 7.8%). Compared with Q1 2025, it opened 1 new position, sold out of 7, added to 4 and reduced 21. The biggest buy was Sirius XM (SIRI, shares +35%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- CARMEL, IN
- CIK
- 0001448430
- Portfolio Value
- $101.3M (Q2 2025)
- SEC Filing
- 0001376474-25-000736 ↗ filed Aug 12, 2025
Holdings Value
Holdings 34 stocks · $101.3M
| BRK.B Berkshire Hathaway Inc. Class B | 20.22% | 42,172 | $20.5M | Reduce -1.6% |
| MSFT Microsoft Corp. | 9.38% | 19,106 | $9.5M | Reduce -1.6% |
| BG Bunge Global SA | 7.77% | 98,117 | $7.9M | Add +0.3% |
| OXY Occidental Petroleum Corp. | 7.09% | 171,038 | $7.2M | Reduce -1.1% |
| LLY Eli Lilly & Co. | 5.99% | 7,783 | $6.1M | No change |
| IWS iShares Russell Mid-Cap Valu | 5.15% | 39,466 | $5.2M | Reduce -1.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 5.12% | 109,665 | $5.2M | Reduce -21.1% |
| SU Suncor Energy Inc. | 4.48% | 121,159 | $4.5M | Reduce -1.1% |
| CVX Chevron Corp. | 3.94% | 27,865 | $4.0M | Reduce -1.4% |
| JPM JPMorgan Chase & Co. | 3.41% | 11,907 | $3.5M | No change |
| BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 3.08% | 150,053 | $3.1M | Reduce -1.6% |
| CATO Cato Corp. Class A | 2.89% | 1,043,702 | $2.9M | Reduce -1.5% |
| SIRI Sirius XM Holdings Inc. | 2.56% | 112,794 | $2.6M | Add +35.4% |
| FCX Freeport-McMoran Inc. | 2.18% | 50,903 | $2.2M | Reduce -1.3% |
| ENB Enbridge Inc. | 1.87% | 41,776 | $1.9M | Reduce -1.1% |
| VZ Verizon Communications Inc. | 1.71% | 40,103 | $1.7M | Reduce -0.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.44% | 2 | $1.5M | No change |
| ACRS Aclaris Therapeutics Inc. | 1.39% | 993,698 | $1.4M | Reduce -1.4% |
| AMLX Amylyx Pharmaceuticals Inc. | 1.38% | 217,827 | $1.4M | Reduce -16.0% |
| RELL Richardson Elec Ltd. | 1.37% | 144,135 | $1.4M | Reduce -0.2% |
| PATK Patrick Industries Inc. | 1.30% | 14,234 | $1.3M | No change |
| CENX Century Aluminum Company | 1.09% | 61,185 | $1.1M | Reduce -0.2% |
| EPIX Essa Pharma Inc. | 0.97% | 578,939 | $984K | Add +1.7% |
| TECX Tectonic Therapeutic Inc. | 0.79% | 40,258 | $800K | Reduce -1.6% |
| PMVP PMV Pharmaceuticals Inc. | 0.54% | 515,128 | $546K | Reduce -1.6% |
| TECK Teck Resources Ltd.-CLS B | 0.51% | 12,716 | $513K | Reduce -1.9% |
| AN2 THEREAPEUTICS INC | 0.42% | 402,754 | $427K | New |
| Duke Energy Corp New | 0.42% | 3,600 | $425K | No change |
| MBIN Merchants Bancorp | 0.33% | 10,125 | $335K | No change |
| IKENA ONCOLOGY INC | 0.32% | 242,116 | $324K | Reduce -2.3% |
| GE General Electric Company | 0.32% | 1,256 | $323K | No change |
| F Ford Motor Co. filed as FORD MTR CO | 0.30% | 28,150 | $305K | Add +21.6% |
| PG The Procter & Gamble Co. | 0.20% | 1,260 | $201K | No change |
| OKUR Onkure Therapeutics Inc. Class A | 0.10% | 44,173 | $106K | Reduce -1.9% |
Portfolio Sells Q1 2025 → Q2 2025
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.6% | 20.22% | −1.42 |
| OXY Occidental Petroleum Corp. | Reduce -1.1% | 7.09% | −1.00 |
| HI Hillenbrand Inc. | Sold out | 0.00% | −0.87 |
| CVX Chevron Corp. | Reduce -1.4% | 3.94% | −0.54 |
| ANTX AN2 Therapeutics Inc. | Sold out | 0.00% | −0.52 |
| IESC Ies Holdings Inc. | Sold out | 0.00% | −0.52 |
| CATO Cato Corp. Class A | Reduce -1.5% | 2.89% | −0.45 |
| BAC Bank of America Corp. | Reduce -21.1% | 5.12% | −0.37 |
| BCIM Abrdn Bloomberg Industrial M | Sold out | 0.00% | −0.27 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.21 |
| RELL Richardson Elec Ltd. | Reduce -0.2% | 1.37% | −0.15 |
| AVIR Atea Pharmaceuticals Inc. | Sold out | 0.00% | −0.11 |
| OKUR Onkure Therapeutics Inc. Class A | Reduce -1.9% | 0.10% | −0.08 |
| THIRD HARMONIC BIO INC | Sold out | 0.00% | −0.08 |
| ACRS Aclaris Therapeutics Inc. | Reduce -1.4% | 1.39% | −0.07 |
| BCI Abrdn Bloomberg All Commodit | Reduce -1.6% | 3.08% | −0.02 |
| SU Suncor Energy Inc. | Reduce -1.1% | 4.48% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -0.2% | 1.71% | −0.01 |
| PMVP PMV Pharmaceuticals Inc. | Reduce -1.6% | 0.54% | −0.00 |
| CENX Century Aluminum Company | Reduce -0.2% | 1.09% | +0.01 |
| IKENA ONCOLOGY INC | Reduce -2.3% | 0.32% | +0.02 |
| TECK Teck Resources Ltd.-CLS B | Reduce -1.9% | 0.51% | +0.06 |
| ENB Enbridge Inc. | Reduce -1.1% | 1.87% | +0.09 |
| TECX Tectonic Therapeutic Inc. | Reduce -1.6% | 0.79% | +0.10 |
| FCX Freeport-McMoran Inc. | Reduce -1.3% | 2.18% | +0.33 |
| IWS iShares Russell Mid-Cap Valu | Reduce -1.4% | 5.15% | +0.37 |
| AMLX Amylyx Pharmaceuticals Inc. | Reduce -16.0% | 1.38% | +0.51 |
| MSFT Microsoft Corp. | Reduce -1.6% | 9.38% | +2.47 |
Portfolio Buys Q1 2025 → Q2 2025
| SIRI Sirius XM Holdings Inc. | Add +35.4% | 2.56% | +0.78 |
| BG Bunge Global SA | Add +0.3% | 7.77% | +0.69 |
| AN2 THEREAPEUTICS INC | New | 0.42% | +0.42 |
| EPIX Essa Pharma Inc. | Add +1.7% | 0.97% | +0.12 |
| F Ford Motor Co. | Add +21.6% | 0.30% | +0.08 |
Notes & Other Activity Q1 2025 → Q2 2025
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Sold out | 7,907 | $219Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 39 | $133.1M | BRK.B, LLY, MSFT, BG, IWS |
| Q1 2026 | 42 | $130.5M | BRK.B, OXY, BG, LLY, MSFT |
| Q4 2025 | 35 | $111.5M | BRK.B, LLY, MSFT, BG, OXY |
| Q3 2025 | 33 | $108.9M | BRK.B, MSFT, OXY, BG, LLY |
| Q2 2025 | 34 | $101.3M | BRK.B, MSFT, BG, OXY, LLY |
| Q1 2025 | 40 | $105.5M | BRK.B, OXY, BG, MSFT, LLY |
| Q4 2024 | 36 | $105.0M | BRK.B, MSFT, OXY, BG, BAC |
| Q3 2024 | 36 | $109.3M | BRK.B, MSFT, BG, OXY, LLY |
| Q2 2024 | 35 | $107.1M | BRK.B, OXY, BG, MSFT, LLY |
| Q1 2024 | 32 | $104.7M | BRK.B, OXY, BG, MSFT, LLY |