Broyhill Asset Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Broyhill Asset Management, LLC reported 81 stock positions worth $114.0 million. Its top holding was iShares 1-3 Year Treasury Bo (SHY) at 5.9% of the portfolio, followed by Philip Morris International (PM, 5.8%) and Iqvia (IQV, 4.5%). Compared with Q2 2025, it opened 8 new positions, sold out of 3, added to 12 and reduced 23. The biggest buy was a new position in Valvoline (VVV) and the biggest sale iShares 1-3 Year Treasury Bo (SHY, shares −32%).

Most Recent 13F
Q2 2026
Location
CHARLOTTE, NC
CIK
0001966057
Portfolio Value
$114.0M (Q3 2025)
SEC Filing
0001140361-25-041975 ↗ filed Nov 13, 2025

Holdings Value

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

Holdings 81 stocks · $114.0M
SHY iShares 1-3 Year Treasury Bo 5.91% 81,208 $6.7M Reduce -31.6%
PM Philip Morris International 5.81% 40,854 $6.6M Add +14.7%
IQV Iqvia Holdings Inc. 4.50% 27,010 $5.1M Add +15.2%
FISV Fiserv Inc. 3.26% 28,849 $3.7M Add +39.9%
DLTR Dollar Tree Inc. 3.19% 38,491 $3.6M Add +19.3%
KOF Coca-Cola Femsa Sab-SP ADR 3.18% 43,578 $3.6M Add +19.6%
VVV Valvoline Inc. 3.17% 100,688 $3.6M New
AVTR Avantor Inc. 3.11% 283,884 $3.5M Reduce -22.1%
TMO Thermo Fisher Scientific Inc. 2.99% 7,024 $3.4M Add +530.0%
BALL Ball Corp. 2.71% 61,393 $3.1M Add +15.3%
GLD SPDR Gold Shares 2.70% 8,655 $3.1M No change
RTO Rentokil Initial PLC-SP ADR 2.62% 118,455 $3.0M Add +33.5%
BAX Baxter International Inc. 2.61% 130,909 $3.0M Reduce -1.7%
BBN BlackRock Taxable Muni BND 2.39% 163,948 $2.7M Reduce -3.0%
MSFT Microsoft Corp. 2.25% 4,957 $2.6M Reduce -0.7%
NICE Nice Ltd. - Spon ADR 2.18% 17,196 $2.5M Reduce -22.0%
MIDD Middleby Corp. 2.15% 18,470 $2.5M New
CRL Charles River Laboratories 2.03% 14,788 $2.3M Reduce -9.5%
BRK.A Berkshire Hathaway Inc. Class A 1.98% 3 $2.3M No change
FMS Fresenius Medical Care-ADR 1.79% 77,437 $2.0M Add +27.1%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 1.75% 17,922 $2.0M Reduce -4.3%
NUV Nuveen Municipal Value 1.74% 221,333 $2.0M Reduce -27.1%
FUN Six Flags Entertainment Corp. 1.72% 86,415 $2.0M Reduce -16.7%
UBER Uber Technologies Inc. 1.62% 18,847 $1.8M Reduce -0.8%
GOOG Alphabet Inc. Class C 1.51% 7,050 $1.7M No change
AAPL Apple Inc. 1.41% 6,325 $1.6M No change
NBB Nuveen Taxable Municipal Inc. 1.41% 98,937 $1.6M Reduce -4.8%
NE Noble Corp. PLC 1.40% 56,364 $1.6M Reduce -2.9%
FIS Fidelity National Info Serv 1.34% 23,099 $1.5M Reduce -37.2%
NVDA Nvidia Corp. 1.24% 7,600 $1.4M No change
BRK.B Berkshire Hathaway Inc. Class B 1.20% 2,711 $1.4M No change
XLK SS Technology Select Sector 1.06% 4,300 $1.2M No change
ORCL Oracle Corp. 1.05% 4,238 $1.2M No change
XNEAX Nuveen Amt-FR QLTY Muni Inc. 0.94% 93,749 $1.1M Reduce -5.6%
VIG Vanguard Dividend Apprec ETF 0.93% 4,937 $1.1M No change
NVG Nuveen Amt-FR Muni CRDT 0.91% 84,203 $1.0M Reduce -46.8%
V Visa Inc. Class A 0.89% 2,970 $1.0M No change
SLV iShares Silver Trust 0.85% 23,000 $975K No change
CACI Caci International Inc. Class A 0.80% 1,822 $909K New
BX Blackstone Inc. 0.79% 5,256 $898K No change
JPM JPMorgan Chase & Co. 0.77% 2,794 $881K Reduce -1.8%
GOOGL Alphabet Inc. Class A 0.71% 3,334 $810K No change
TFC Truist Financial Corp. 0.65% 16,130 $737K Add +0.9%
XLV SS Health Care Select Sector 0.61% 5,000 $696K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.58% 1,000 $666K No change
AMZN Amazon.com Inc. 0.56% 2,899 $637K Reduce -9.8%
DUK Duke Energy Corp. 0.54% 5,003 $619K No change
MS Morgan Stanley 0.54% 3,865 $614K Reduce -1.3%
SO The Southern Co. 0.52% 6,317 $599K No change
ENB Enbridge Inc. 0.49% 11,001 $555K No change
NATH Nathan's Famous Inc. 0.48% 4,900 $543K New
CSCO Cisco Systems Inc. 0.46% 7,717 $528K No change
NEE Nextera Energy Inc. 0.46% 6,877 $519K Add +2.2%
META Meta Platforms Inc. Class A 0.44% 684 $502K Reduce -32.1%
SCHW Schwab (charles) Corp. 0.41% 4,895 $467K No change
AVGO Broadcom Inc. 0.40% 1,380 $455K Reduce -39.6%
SHC Sotera Health Co. 0.40% 28,943 $455K New
HD Home Depot Inc. 0.39% 1,089 $441K No change
CB Chubb Ltd. 0.38% 1,535 $433K No change
NXP Nuveen Select Tax-Free Inc. 0.33% 25,829 $373K Reduce -34.5%
HON Honeywell International Inc. 0.32% 1,755 $369K No change
LRCX Lam Research Corp. 0.32% 2,690 $360K No change
BTZ BlackRock Credit Allocation 0.31% 32,500 $359K No change
TASK Taskus Inc. Class A 0.31% 20,000 $357K New
SHEL Shell PLC-ADR 0.30% 4,740 $339K No change
MRK Merck & Co. Inc. 0.29% 3,963 $333K No change
AMAT Applied Materials Inc. 0.29% 1,620 $332K No change
SPLV Invesco S&P 500 Low Volatili 0.29% 4,500 $331K No change
SBUX Starbucks Corp. 0.28% 3,835 $324K Add +5.2%
WM Waste Management Inc. 0.26% 1,323 $292K No change
RTX CORPORATION 0.23% 1,560 $261K New
CNI Canadian Natl Railway Co. 0.23% 2,751 $259K No change
YUM Yum! Brands Inc. 0.20% 1,500 $228K No change
FDX FedEx Corp. 0.19% 935 $220K No change
PFE Pfizer Inc. 0.19% 8,500 $217K No change
IBB iShares Biotechnology ETF 0.19% 1,500 $217K New
XLE SS Energy Select Sector 0.19% 2,400 $214K No change
VB Vanguard Most SM-Cap ETF-Usd 0.18% 793 $202K Reduce -6.7%
NAN Nuveen NY QLTY Muni Inc. 0.10% 10,000 $114K No change
MHN BlackRock Muniholding NY QLT 0.09% 10,000 $102K No change
MPT Medical Properties Trust Inc. 0.06% 12,575 $64K No change

Options reported separately and not counted above: TASK calls ($61K).

Portfolio Sells Q2 2025 → Q3 2025
SHY iShares 1-3 Year Treasury Bo Reduce -31.6% 5.91% −3.03
WMG Warner Music Group Corp. Class A Sold out 0.00% −1.97
FIS Fidelity National Info Serv Reduce -37.2% 1.34% −1.39
AVTR Avantor Inc. Reduce -22.1% 3.11% −1.35
NICE Nice Ltd. - Spon ADR Reduce -22.0% 2.18% −1.20
FUN Six Flags Entertainment Corp. Reduce -16.7% 1.72% −1.15
BAX Baxter International Inc. Reduce -1.7% 2.61% −1.05
NVG Nuveen Amt-FR Muni CRDT Reduce -46.8% 0.91% −0.81
NUV Nuveen Municipal Value Reduce -27.1% 1.74% −0.65
ADBE Adobe Inc. Sold out 0.00% −0.33
META Meta Platforms Inc. Class A Reduce -32.1% 0.44% −0.24
CRL Charles River Laboratories Reduce -9.5% 2.03% −0.22
RTX RTX Corp. Sold out 0.00% −0.20
NXP Nuveen Select Tax-Free Inc. Reduce -34.5% 0.33% −0.18
AVGO Broadcom Inc. Reduce -39.6% 0.40% −0.17
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -4.3% 1.75% −0.11
NBB Nuveen Taxable Municipal Inc. Reduce -4.8% 1.41% −0.09
BBN BlackRock Taxable Muni BND Reduce -3.0% 2.39% −0.09
AMZN Amazon.com Inc. Reduce -9.8% 0.56% −0.08
XNEAX Nuveen Amt-FR QLTY Muni Inc. Reduce -5.6% 0.94% −0.05
VB Vanguard Most SM-Cap ETF-Usd Reduce -6.7% 0.18% −0.01
MSFT Microsoft Corp. Reduce -0.7% 2.25% −0.01
NE Noble Corp. PLC Reduce -2.9% 1.40% −0.00
UBER Uber Technologies Inc. Reduce -0.8% 1.62% +0.01
JPM JPMorgan Chase & Co. Reduce -1.8% 0.77% +0.02
MS Morgan Stanley Reduce -1.3% 0.54% +0.04

Portfolio Buys Q2 2025 → Q3 2025
VVV Valvoline Inc. New 3.17% +3.17
TMO Thermo Fisher Scientific Inc. Add +530.0% 2.99% +2.58
MIDD Middleby Corp. New 2.15% +2.15
IQV Iqvia Holdings Inc. Add +15.2% 4.50% +1.14
CACI Caci International Inc. Class A New 0.80% +0.80
RTO Rentokil Initial PLC-SP ADR Add +33.5% 2.62% +0.69
NATH Nathan's Famous Inc. New 0.48% +0.48
SHC Sotera Health Co. New 0.40% +0.40
TASK Taskus Inc. Class A New 0.31% +0.31
DLTR Dollar Tree Inc. Add +19.3% 3.19% +0.28
RTX CORPORATION New 0.23% +0.23
FMS Fresenius Medical Care-ADR Add +27.1% 1.79% +0.21
IBB iShares Biotechnology ETF New 0.19% +0.19
FISV Fiserv Inc. Add +39.9% 3.26% +0.03
NEE Nextera Energy Inc. Add +2.2% 0.46% +0.03
TFC Truist Financial Corp. Add +0.9% 0.65% +0.02
BALL Ball Corp. Add +15.3% 2.71% +0.00
SBUX Starbucks Corp. Add +5.2% 0.28% −0.02
KOF Coca-Cola Femsa Sab-SP ADR Add +19.6% 3.18% −0.03
PM Philip Morris International Add +14.7% 5.81% −0.08

Options Activity Q2 2025 → Q3 2025
TASK Taskus Inc. Class A call New 20,000 $61K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

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