Bretton Capital Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Bretton Capital Management, LLC reported 20 stock positions worth $110.8 million. Its top holding was Alphabet Class C (GOOG) at 9.1% of the portfolio, followed by Progressive (PGR, 8.0%) and AutoZone (AZO, 6.7%). Compared with Q1 2025, it added to 1. The biggest buy was Unitedhealth (UNH, shares +64%).
- Most Recent 13F
- Q2 2026
- Location
- San Francisco, CA
- CIK
- 0002043671
- Portfolio Value
- $110.8M (Q2 2025)
- SEC Filing
- 0001162044-25-000813 ↗ filed Aug 14, 2025
Holdings Value
Holdings 20 stocks · $110.8M
| GOOG Alphabet Inc. Class C | 9.13% | 57,000 | $10.1M | No change |
| PGR Progressive Corp. | 8.05% | 33,400 | $8.9M | No change |
| AZO AutoZone Inc. | 6.70% | 2,000 | $7.4M | No change |
| AXP American Express Co. | 6.65% | 23,100 | $7.4M | No change |
| JPM JPMorgan Chase & Co. | 6.28% | 24,000 | $7.0M | No change |
| MSFT Microsoft Corp. | 5.75% | 12,800 | $6.4M | No change |
| V Visa Inc. Class A | 5.70% | 17,800 | $6.3M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 5.38% | 126,000 | $6.0M | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 5.24% | 47,000 | $5.8M | No change |
| MA Mastercard Inc. Class A | 4.76% | 9,380 | $5.3M | No change |
| UNH Unitedhealth Group Inc. | 4.70% | 16,700 | $5.2M | Add +63.7% |
| NVR NVR Inc. | 4.60% | 690 | $5.1M | No change |
| SPGI S&P Global Inc. | 4.43% | 9,300 | $4.9M | No change |
| ROST Ross Stores Inc. | 4.00% | 34,700 | $4.4M | No change |
| DFH Dream Finders Homes Inc. Class A | 3.87% | 170,500 | $4.3M | No change |
| MCO Moody's Corp. | 3.76% | 8,300 | $4.2M | No change |
| EXP Eagle Materials Inc. | 3.58% | 19,600 | $4.0M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 3.29% | 7,500 | $3.6M | No change |
| UNP Union Pacific Corp. | 3.19% | 15,350 | $3.5M | No change |
| RVTY Revvity Inc. | 0.96% | 11,000 | $1.1M | No change |
Portfolio Sells Q1 2025 → Q2 2025
| None this quarter. | |||
Portfolio Buys Q1 2025 → Q2 2025
| UNH Unitedhealth Group Inc. | Add +63.7% | 4.70% | −0.36 |
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 |