Bretton Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Bretton Capital Management, LLC reported 20 stock positions worth $105.6 million. Its top holding was Progressive (PGR) at 9.0% of the portfolio, followed by Alphabet Class C (GOOG, 8.4%) and AutoZone (AZO, 7.2%). Compared with Q4 2024, it added to 3. The biggest buy was Dream Finders Homes Class A (DFH, shares +37%).
- Most Recent 13F
- Q2 2026
- Location
- San Francisco, CA
- CIK
- 0002043671
- Portfolio Value
- $105.6M (Q1 2025)
- SEC Filing
- 0001162044-25-000508 ↗ filed May 13, 2025
Holdings Value
Holdings 20 stocks · $105.6M
| PGR Progressive Corp. | 8.95% | 33,400 | $9.5M | No change |
| GOOG Alphabet Inc. Class C | 8.43% | 57,000 | $8.9M | No change |
| AZO AutoZone Inc. | 7.22% | 2,000 | $7.6M | No change |
| V Visa Inc. Class A | 5.91% | 17,800 | $6.2M | No change |
| AXP American Express Co. | 5.89% | 23,100 | $6.2M | No change |
| JPM JPMorgan Chase & Co. | 5.58% | 24,000 | $5.9M | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 5.42% | 47,000 | $5.7M | No change |
| UNH Unitedhealth Group Inc. | 5.06% | 10,200 | $5.3M | Add +4.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 4.98% | 126,000 | $5.3M | No change |
| MA Mastercard Inc. Class A | 4.87% | 9,380 | $5.1M | No change |
| NVR NVR Inc. | 4.73% | 690 | $5.0M | No change |
| MSFT Microsoft Corp. | 4.55% | 12,800 | $4.8M | No change |
| SPGI S&P Global Inc. | 4.47% | 9,300 | $4.7M | No change |
| ROST Ross Stores Inc. | 4.20% | 34,700 | $4.4M | No change |
| EXP Eagle Materials Inc. | 4.12% | 19,600 | $4.3M | Add +40.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.78% | 7,500 | $4.0M | No change |
| MCO Moody's Corp. | 3.66% | 8,300 | $3.9M | No change |
| DFH Dream Finders Homes Inc. Class A | 3.64% | 170,500 | $3.8M | Add +37.0% |
| UNP Union Pacific Corp. | 3.43% | 15,350 | $3.6M | No change |
| RVTY Revvity Inc. | 1.10% | 11,000 | $1.2M | No change |
Portfolio Sells Q4 2024 → Q1 2025
| None this quarter. | |||
Portfolio Buys Q4 2024 → Q1 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 20 | $125.3M | GOOG, UNH, JPM, AXP, ROST |
| Q1 2026 | 18 | $109.3M | GOOG, ROST, TJX, JPM, AXP |
| Q4 2025 | 18 | $119.5M | GOOG, AXP, JPM, PGR, TJX |
| Q3 2025 | 19 | $118.6M | GOOG, AZO, PGR, AXP, JPM |
| Q2 2025 | 20 | $110.8M | GOOG, PGR, AZO, AXP, JPM |
| Q1 2025 | 20 | $105.6M | PGR, GOOG, AZO, V, AXP |
| Q4 2024 | 20 | $103.9M | GOOG, PGR, AXP, AZO, JPM |
| Q3 2024 | 20 | $104.8M | GOOG, PGR, NVR, AZO, AXP |