Cheviot Value Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Cheviot Value Management, LLC reported 62 stock positions worth $455.6 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 23.4% of the portfolio, followed by Alphabet Class A (GOOGL, 7.0%) and Agnico Eagle Mines (AEM, 6.4%). Compared with Q4 2023, it opened 2 new positions, sold out of 12, added to 22 and reduced 26. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +0%) and the biggest sale an exit from Exxon Mobil (XOM).
- Most Recent 13F
- Q2 2026
- Location
- BEVERLY HILLS, CA
- CIK
- 0001427147
- Portfolio Value
- $455.6M (Q1 2024)
- SEC Filing
- 0001140361-24-025904 ↗ filed May 14, 2024
Holdings Value
Holdings 62 stocks · $455.6M
| BRK.B Berkshire Hathaway Inc. Class B | 23.39% | 253,426 | $106.6M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 6.95% | 209,927 | $31.7M | Reduce -0.1% |
| AEM Agnico Eagle Mines Ltd. | 6.36% | 485,477 | $29.0M | Add +1.3% |
| MSFT Microsoft Corp. | 5.31% | 57,458 | $24.2M | Reduce -2.3% |
| JNJ Johnson & Johnson | 4.59% | 132,337 | $20.9M | Add +2.6% |
| META Meta Platforms Inc. Class A | 4.56% | 42,811 | $20.8M | Reduce -1.2% |
| V Visa Inc. Class A | 3.96% | 64,715 | $18.1M | Add +0.2% |
| UL Unilever N V -NY Shares | 3.92% | 355,532 | $17.8M | Add +10.5% |
| Barrick Gold Corp | 3.59% | 982,706 | $16.4M | Add +1.4% |
| MRK Merck & Co. Inc. | 3.33% | 115,107 | $15.2M | Reduce -0.6% |
| CEF Sprott Physical Gold and Sil | 3.17% | 709,870 | $14.4M | Add +1.3% |
| NEM Newmont Corp. | 2.74% | 348,724 | $12.5M | Reduce -0.3% |
| AMZN Amazon.com Inc. | 2.58% | 65,266 | $11.8M | Reduce -1.1% |
| PFE Pfizer Inc. | 2.47% | 405,427 | $11.3M | Add +24.5% |
| CMCSA Comcast Corp. Class A | 2.32% | 243,306 | $10.5M | Add +4.0% |
| MKL Markel Group Inc. | 2.08% | 6,227 | $9.5M | Add +9.8% |
| LBRDK Liberty Broadband-C | 1.95% | 155,323 | $8.9M | Add +29.6% |
| FISV Fiserv Inc. | 1.88% | 53,595 | $8.6M | Reduce -0.8% |
| AAPL Apple Inc. | 1.61% | 42,703 | $7.3M | Reduce -3.5% |
| MDT Medtronic PLC | 1.58% | 82,744 | $7.2M | Add +4.8% |
| ABBV Abbvie Inc. | 1.27% | 31,874 | $5.8M | Reduce -1.6% |
| QQQ Invesco QQQ Trust Series 1 | 1.20% | 12,326 | $5.5M | Reduce -1.6% |
| DEM Wisdomtree Emerging Markets | 1.15% | 125,583 | $5.3M | Reduce -1.2% |
| CVS CVS Health Corp. | 1.07% | 60,974 | $4.9M | Reduce -4.0% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.78% | 128,192 | $3.6M | Add +0.7% |
| VZ Verizon Communications Inc. | 0.74% | 80,029 | $3.4M | Add +1.1% |
| PAAS Pan American Silver Corp. | 0.66% | 199,816 | $3.0M | Reduce -0.5% |
| GDX Vaneck Gold Miners ETF | 0.49% | 70,561 | $2.2M | Reduce -5.1% |
| ABT Abbott Laboratories | 0.38% | 15,203 | $1.7M | Reduce -4.5% |
| JPM JPMorgan Chase & Co. | 0.36% | 8,199 | $1.6M | No change |
| PID Invesco International Divide | 0.32% | 79,456 | $1.5M | Add +8.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.29% | 10,634 | $1.3M | Reduce -3.4% |
| AMAT Applied Materials Inc. | 0.25% | 5,551 | $1.1M | No change |
| AMGN Amgen Inc. | 0.23% | 3,747 | $1.1M | No change |
| PM Philip Morris International | 0.22% | 10,954 | $1.0M | Reduce -2.2% |
| NVDA Nvidia Corp. | 0.22% | 1,095 | $989K | Reduce -7.1% |
| COST Costco Wholesale Corp. | 0.19% | 1,182 | $866K | Add +4.0% |
| AGI Alamos Gold Inc. Class A | 0.17% | 52,927 | $781K | Add +1.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 1,270 | $664K | Add +3.5% |
| UNH Unitedhealth Group Inc. | 0.12% | 1,081 | $535K | Add +9.8% |
| CHTR Charter Communications Inc. Class A | 0.11% | 1,761 | $512K | Reduce -20.6% |
| NSRGY Nestle SA-Spons ADR | 0.10% | 4,450 | $473K | Reduce -3.7% |
| MO Altria Group Inc. | 0.10% | 10,594 | $462K | Add +1.4% |
| MA Mastercard Inc. Class A | 0.10% | 958 | $461K | Reduce -2.6% |
| LLY Eli Lilly & Co. | 0.10% | 574 | $447K | Reduce -44.0% |
| HD Home Depot Inc. | 0.09% | 1,125 | $432K | Reduce -5.8% |
| VT Vanguard Tot World STK ETF | 0.09% | 3,571 | $395K | No change |
| RTX RTX Corp. | 0.07% | 3,124 | $305K | Add +0.5% |
| ROST Ross Stores Inc. | 0.06% | 2,000 | $294K | No change |
| CAT Caterpillar Inc. | 0.06% | 793 | $291K | Reduce -15.9% |
| ORCL Oracle Corp. | 0.06% | 2,240 | $281K | Add +0.0% |
| NKE Nike Inc. Class B | 0.06% | 2,931 | $275K | No change |
| KO The Coca-Cola Co. | 0.05% | 4,084 | $250K | No change |
| VGT Vanguard Info Tech ETF | 0.05% | 461 | $242K | No change |
| NOC Northrop Grumman Corp. | 0.05% | 500 | $239K | No change |
| TMO Thermo Fisher Scientific Inc. | 0.05% | 405 | $235K | New |
| GS Goldman Sachs Group Inc. | 0.05% | 533 | $223K | No change |
| CSCO Cisco Systems Inc. | 0.05% | 4,236 | $211K | Reduce -15.0% |
| DHR Danaher Corp. | 0.04% | 804 | $201K | New |
| ESBS Es Bancshares Inc. | 0.01% | 10,000 | $53K | Reduce -36.5% |
| NGD New Gold Inc. | 0.01% | 15,585 | $26K | No change |
| BRK.A 1/100 Berkshire HTWY A Class A | 0.00% | 1 | $6K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −2.79 |
| CVX Chevron Corp. | Sold out | 0.00% | −2.61 |
| COP Conocophillips | Sold out | 0.00% | −2.39 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.67 |
| PSX Phillips 66 | Sold out | 0.00% | −0.60 |
| NEM Newmont Corp. | Reduce -0.3% | 2.74% | −0.40 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.38 |
| URNM Sprott Uranium Miners ETF | Sold out | 0.00% | −0.25 |
| AAPL Apple Inc. | Reduce -3.5% | 1.61% | −0.23 |
| CHESAPEAKE ENERGY CORP | Sold out | 0.00% | −0.10 |
| CHTR Charter Communications Inc. Class A | Reduce -20.6% | 0.11% | −0.07 |
| PAAS Pan American Silver Corp. | Reduce -0.5% | 0.66% | −0.06 |
| BA The Boeing Co. | Sold out | 0.00% | −0.06 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.06 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.05 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.05 |
| LLY Eli Lilly & Co. | Reduce -44.0% | 0.10% | −0.03 |
| CVS CVS Health Corp. | Reduce -4.0% | 1.07% | −0.03 |
| NSRGY Nestle SA-Spons ADR | Reduce -3.7% | 0.10% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -15.0% | 0.05% | −0.01 |
| GDX Vaneck Gold Miners ETF | Reduce -5.1% | 0.49% | −0.01 |
| PM Philip Morris International | Reduce -2.2% | 0.22% | −0.01 |
| ESBS Es Bancshares Inc. | Reduce -36.5% | 0.01% | −0.01 |
| ABT Abbott Laboratories | Reduce -4.5% | 0.38% | +0.00 |
| CAT Caterpillar Inc. | Reduce -15.9% | 0.06% | +0.00 |
| HD Home Depot Inc. | Reduce -5.8% | 0.09% | +0.01 |
| MA Mastercard Inc. Class A | Reduce -2.6% | 0.10% | +0.01 |
| DEM Wisdomtree Emerging Markets | Reduce -1.2% | 1.15% | +0.04 |
| DIS The Walt Disney Co. | Reduce -3.4% | 0.29% | +0.07 |
| NVDA Nvidia Corp. | Reduce -7.1% | 0.22% | +0.09 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.6% | 1.20% | +0.10 |
| ABBV Abbvie Inc. | Reduce -1.6% | 1.27% | +0.17 |
| FISV Fiserv Inc. | Reduce -0.8% | 1.88% | +0.33 |
| AMZN Amazon.com Inc. | Reduce -1.1% | 2.58% | +0.41 |
| MSFT Microsoft Corp. | Reduce -2.3% | 5.31% | +0.48 |
| GOOGL Alphabet Inc. Class A | Reduce -0.1% | 6.95% | +0.57 |
| MRK Merck & Co. Inc. | Reduce -0.6% | 3.33% | +0.59 |
| META Meta Platforms Inc. Class A | Reduce -1.2% | 4.56% | +1.23 |
Portfolio Buys Q4 2023 → Q1 2024
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.1% | 23.39% | +3.70 |
| AEM Agnico Eagle Mines Ltd. | Add +1.3% | 6.36% | +0.65 |
| UL Unilever N V -NY Shares | Add +10.5% | 3.92% | +0.54 |
| PFE Pfizer Inc. | Add +24.5% | 2.47% | +0.43 |
| MKL Markel Group Inc. | Add +9.8% | 2.08% | +0.33 |
| V Visa Inc. Class A | Add +0.2% | 3.96% | +0.31 |
| CEF Sprott Physical Gold and Sil | Add +1.3% | 3.17% | +0.23 |
| JNJ Johnson & Johnson | Add +2.6% | 4.59% | +0.19 |
| MDT Medtronic PLC | Add +4.8% | 1.58% | +0.17 |
| VZ Verizon Communications Inc. | Add +1.1% | 0.74% | +0.09 |
| CMCSA Comcast Corp. Class A | Add +4.0% | 2.32% | +0.09 |
| TMO Thermo Fisher Scientific Inc. | New | 0.05% | +0.05 |
| DHR Danaher Corp. | New | 0.04% | +0.04 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Add +0.7% | 0.78% | +0.04 |
| PID Invesco International Divide | Add +8.7% | 0.32% | +0.03 |
| COST Costco Wholesale Corp. | Add +4.0% | 0.19% | +0.03 |
| AGI Alamos Gold Inc. Class A | Add +1.9% | 0.17% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.5% | 0.15% | +0.02 |
| ORCL Oracle Corp. | Add +0.0% | 0.06% | +0.01 |
| MO Altria Group Inc. | Add +1.4% | 0.10% | +0.01 |
| RTX RTX Corp. | Add +0.5% | 0.07% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +9.8% | 0.12% | +0.01 |
| LBRDK Liberty Broadband-C | Add +29.6% | 1.95% | −0.15 |
| Barrick Gold Corp | Add +1.4% | 3.59% | −0.22 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 441 | $984.0M | BRK.B, SGOV, AEM, GOOGL, TOTL |
| Q1 2026 | 424 | $995.6M | BRK.B, SGOV, AEM, TOTL, GOOGL |
| Q4 2025 | 414 | $1.0B | BRK.B, SGOV, AEM, GOOGL, TOTL |
| Q3 2025 | 442 | $940.2M | BRK.B, SGOV, AEM, GOOGL, TOTL |
| Q2 2025 | 431 | $872.3M | BRK.B, SGOV, AEM, GOOGL, TOTL |
| Q1 2025 | 453 | $813.1M | BRK.B, SGOV, AEM, TOTL, GOOGL |
| Q4 2024 | 70 | $521.6M | BRK.B, GOOGL, AEM, META, JNJ |
| Q3 2024 | 67 | $530.1M | BRK.B, AEM, GOOGL, JNJ, MSFT |
| Q2 2024 | 69 | $511.3M | BRK.B, GOOGL, AEM, MSFT, JNJ |
| Q1 2024 | 62 | $455.6M | BRK.B, GOOGL, AEM, MSFT, JNJ |