Broyhill Asset Management, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Broyhill Asset Management, LLC reported 77 stock positions worth $122.9 million. Its top holding was iShares 1-3 Year Treasury Bo (SHY) at 9.0% of the portfolio, followed by Philip Morris International (PM, 6.3%) and Avantor (AVTR, 4.8%). Compared with Q4 2024, it opened 6 new positions, sold out of 2, added to 23 and reduced 19. The biggest buy was Six Flags Entertainment (FUN, shares +157%) and the biggest sale Philip Morris International (PM, shares −42%).

Most Recent 13F
Q2 2026
Location
CHARLOTTE, NC
CIK
0001966057
Portfolio Value
$122.9M (Q1 2025)
SEC Filing
0001140361-25-018898 ↗ filed May 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q4 2024: $113.5M Q4 2024 Q1 2025: $122.9M $122.9M Q1 2025 Q2 2025: $110.1M Q2 2025 Q3 2025: $114.0M Q3 2025 Q4 2025: $113.5M Q4 2025 Q1 2026: $101.9M Q1 2026 Q2 2026: $112.5M Q2 2026

Holdings 77 stocks · $122.9M
SHY iShares 1-3 Year Treasury Bo 9.02% 134,025 $11.1M Add +8.2%
PM Philip Morris International 6.29% 48,690 $7.7M Reduce -41.8%
AVTR Avantor Inc. 4.81% 365,055 $5.9M Add +69.6%
NICE Nice Ltd. - Spon ADR 4.61% 36,723 $5.7M Add +41.8%
BAX Baxter International Inc. 4.50% 161,667 $5.5M Reduce -1.9%
FIS Fidelity National Info Serv 4.41% 72,625 $5.4M Add +48.2%
NUV Nuveen Municipal Value 3.60% 504,174 $4.4M Add +0.1%
KOF Coca-Cola Femsa Sab-SP ADR 3.30% 44,385 $4.1M Add +2.2%
FUN Six Flags Entertainment Corp. 3.02% 103,926 $3.7M Add +157.2%
FISV Fiserv Inc. 3.01% 16,776 $3.7M Reduce -24.8%
FMS Fresenius Medical Care-ADR 2.99% 147,538 $3.7M Reduce -2.1%
BALL Ball Corp. 2.77% 65,388 $3.4M Add +8.1%
NVG Nuveen Amt-FR Muni CRDT 2.56% 254,418 $3.1M Add +1.6%
BBN BlackRock Taxable Muni BND 2.35% 172,948 $2.9M Reduce -0.1%
WMG Warner Music Group Corp. Class A 2.27% 88,944 $2.8M Add +6.0%
XNEAX Nuveen Amt-FR QLTY Muni Inc. 2.13% 234,025 $2.6M Add +0.2%
RTO Rentokil Initial PLC-SP ADR 2.08% 111,705 $2.6M Add +1.1%
GLD SPDR Gold Shares 2.03% 8,655 $2.5M No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 1.97% 22,226 $2.4M Add +54.1%
BRK.A Berkshire Hathaway Inc. Class A 1.95% 3 $2.4M No change
CRL Charles River Laboratories 1.62% 13,259 $2.0M Add +2.5%
SCHW Schwab (charles) Corp. 1.58% 24,878 $1.9M Add +8.2%
MSFT Microsoft Corp. 1.50% 4,927 $1.8M Reduce -0.9%
BRK.B Berkshire Hathaway Inc. Class B 1.48% 3,411 $1.8M No change
NBB Nuveen Taxable Municipal Inc. 1.41% 107,945 $1.7M Reduce -0.5%
UBER Uber Technologies Inc. 1.23% 20,732 $1.5M Add +168.4%
AAPL Apple Inc. 1.14% 6,325 $1.4M Reduce -2.3%
NE Noble Corp. PLC 0.92% 47,855 $1.1M New
GOOG Alphabet Inc. Class C 0.88% 6,920 $1.1M Reduce -1.1%
V Visa Inc. Class A 0.85% 2,970 $1.0M Reduce -6.3%
VIG Vanguard Dividend Apprec ETF 0.78% 4,937 $958K No change
DLTR Dollar Tree Inc. 0.76% 12,376 $929K New
XLK SS Technology Select Sector 0.72% 4,300 $888K No change
NVDA Nvidia Corp. 0.67% 7,600 $824K Reduce -0.7%
JPM JPMorgan Chase & Co. 0.62% 3,094 $759K No change
NXP Nuveen Select Tax-Free Inc. 0.62% 52,807 $759K No change
BX Blackstone Inc. 0.60% 5,256 $735K Reduce -0.9%
XLV SS Health Care Select Sector 0.59% 5,000 $730K No change
VAL Valaris Ltd. 0.59% 18,495 $726K New
SLV iShares Silver Trust 0.58% 23,000 $713K No change
TFC Truist Financial Corp. 0.54% 15,980 $658K No change
META Meta Platforms Inc. Class A 0.50% 1,073 $618K Reduce -7.7%
AMZN Amazon.com Inc. 0.50% 3,214 $611K Add +4.0%
DUK Duke Energy Corp. 0.50% 5,003 $610K No change
ORCL Oracle Corp. 0.48% 4,238 $593K No change
SO The Southern Co. 0.47% 6,317 $581K No change
TDW Tidewater Inc. 0.46% 13,263 $561K New
GOOGL Alphabet Inc. Class A 0.42% 3,334 $516K No change
ENB Enbridge Inc. 0.40% 11,001 $487K No change
CSCO Cisco Systems Inc. 0.39% 7,717 $476K Reduce -7.4%
CB Chubb Ltd. 0.38% 1,535 $464K Reduce -2.2%
NEE Nextera Energy Inc. 0.38% 6,527 $463K Add +5.2%
MS Morgan Stanley 0.37% 3,915 $457K Add +6.8%
AVGO Broadcom Inc. 0.34% 2,527 $423K Reduce -19.4%
HD Home Depot Inc. 0.32% 1,089 $399K No change
HON Honeywell International Inc. 0.30% 1,755 $372K No change
WOW Wideopenwest Inc. 0.30% 75,000 $371K No change
SBUX Starbucks Corp. 0.29% 3,645 $358K Reduce -12.6%
MRK Merck & Co. Inc. 0.29% 3,963 $356K Add +8.8%
BTZ BlackRock Credit Allocation 0.28% 32,500 $348K No change
SHEL Shell PLC-ADR 0.28% 4,740 $347K Add +11.8%
SPLV Invesco S&P 500 Low Volatili 0.27% 4,500 $336K No change
BDX Becton Dickinson and Co. 0.25% 1,348 $309K No change
WM Waste Management Inc. 0.25% 1,323 $306K Add +7.0%
ADBE Adobe Inc. 0.23% 732 $281K Add +9.8%
CNI Canadian Natl Railway Co. 0.22% 2,751 $268K No change
MHN BlackRock Muniholding NY QLT 0.20% 24,500 $249K No change
CMCSA Comcast Corp. Class A 0.19% 6,460 $238K No change
YUM Yum! Brands Inc. 0.19% 1,500 $236K No change
AMAT Applied Materials Inc. 0.19% 1,620 $235K No change
FDX FedEx Corp. 0.19% 935 $228K No change
XLE SS Energy Select Sector 0.18% 2,400 $224K No change
PFE Pfizer Inc. 0.18% 8,500 $215K Reduce -2.3%
RTX RTX Corp. 0.16% 1,510 $200K New
MQY BlackRock Muniyield Quality 0.15% 16,775 $184K New
NAN Nuveen NY QLTY Muni Inc. 0.09% 10,000 $114K No change
MPT Medical Properties Trust Inc. 0.06% 12,575 $76K Reduce -5.9%

Portfolio Sells Q4 2024 → Q1 2025
PM Philip Morris International Reduce -41.8% 6.29% −2.59
FISV Fiserv Inc. Reduce -24.8% 3.01% −1.02
MSFT Microsoft Corp. Reduce -0.9% 1.50% −0.34
AVGO Broadcom Inc. Reduce -19.4% 0.34% −0.30
GOOG Alphabet Inc. Class C Reduce -1.1% 0.88% −0.29
AAPL Apple Inc. Reduce -2.3% 1.14% −0.29
NVDA Nvidia Corp. Reduce -0.7% 0.67% −0.23
VB Vanguard Most SM-Cap ETF-Usd Sold out 0.00% −0.22
BX Blackstone Inc. Reduce -0.9% 0.60% −0.21
MYI BlackRock Muniyield QLTY III Sold out 0.00% −0.16
BBN BlackRock Taxable Muni BND Reduce -0.1% 2.35% −0.11
META Meta Platforms Inc. Class A Reduce -7.7% 0.50% −0.10
CSCO Cisco Systems Inc. Reduce -7.4% 0.39% −0.05
SBUX Starbucks Corp. Reduce -12.6% 0.29% −0.04
V Visa Inc. Class A Reduce -6.3% 0.85% −0.04
PFE Pfizer Inc. Reduce -2.3% 0.18% −0.03
NBB Nuveen Taxable Municipal Inc. Reduce -0.5% 1.41% −0.02
FMS Fresenius Medical Care-ADR Reduce -2.1% 2.99% −0.02
CB Chubb Ltd. Reduce -2.2% 0.38% −0.01
MPT Medical Properties Trust Inc. Reduce -5.9% 0.06% +0.02
BAX Baxter International Inc. Reduce -1.9% 4.50% +0.27

Portfolio Buys Q4 2024 → Q1 2025
FUN Six Flags Entertainment Corp. Add +157.2% 3.02% +1.30
FIS Fidelity National Info Serv Add +48.2% 4.41% +0.93
NE Noble Corp. PLC New 0.92% +0.92
UBER Uber Technologies Inc. Add +168.4% 1.23% +0.82
AVTR Avantor Inc. Add +69.6% 4.81% +0.82
DLTR Dollar Tree Inc. New 0.76% +0.76
NICE Nice Ltd. - Spon ADR Add +41.8% 4.61% +0.73
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +54.1% 1.97% +0.61
VAL Valaris Ltd. New 0.59% +0.59
TDW Tidewater Inc. New 0.46% +0.46
KOF Coca-Cola Femsa Sab-SP ADR Add +2.2% 3.30% +0.32
RTX RTX Corp. New 0.16% +0.16
MQY BlackRock Muniyield Quality New 0.15% +0.15
SCHW Schwab (charles) Corp. Add +8.2% 1.58% +0.09
SHY iShares 1-3 Year Treasury Bo Add +8.2% 9.02% +0.07
SHEL Shell PLC-ADR Add +11.8% 0.28% +0.05
WM Waste Management Inc. Add +7.0% 0.25% +0.03
NEE Nextera Energy Inc. Add +5.2% 0.38% −0.02
WMG Warner Music Group Corp. Class A Add +6.0% 2.27% −0.02
MRK Merck & Co. Inc. Add +8.8% 0.29% −0.03
ADBE Adobe Inc. Add +9.8% 0.23% −0.03
MS Morgan Stanley Add +6.8% 0.37% −0.03
AMZN Amazon.com Inc. Add +4.0% 0.50% −0.10
NVG Nuveen Amt-FR Muni CRDT Add +1.6% 2.56% −0.14
BALL Ball Corp. Add +8.1% 2.77% −0.17
XNEAX Nuveen Amt-FR QLTY Muni Inc. Add +0.2% 2.13% −0.19
NUV Nuveen Municipal Value Add +0.1% 3.60% −0.22
RTO Rentokil Initial PLC-SP ADR Add +1.1% 2.08% −0.38
CRL Charles River Laboratories Add +2.5% 1.62% −1.16

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 77$112.5MSHY, IQV, VVV, SHC, PM
Q1 2026 73$101.9MSHY, IQV, VVV, RTO, LQD
Q4 2025 78$113.5MSHY, PM, IQV, VVV, RTO
Q3 2025 81$114.0MSHY, PM, IQV, FISV, DLTR
Q2 2025 76$110.1MSHY, PM, AVTR, BAX, NICE
Q1 2025 77$122.9MSHY, PM, AVTR, NICE, BAX
Q4 2024 73$113.5MSHY, PM, BAX, FISV, AVTR