Cheviot Value Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 3, 2026), Cheviot Value Management, LLC reported 414 stock positions worth $1.0 billion. Its top holding was Berkshire Hathaway Class B (BRK.B) at 10.9% of the portfolio, followed by iShares 0-3 Month Treasury B (SGOV, 9.6%) and Agnico Eagle Mines (AEM, 9.3%). Compared with Q3 2025, it opened 5 new positions, sold out of 36, added to 52 and reduced 88. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +12%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −1%).

Most Recent 13F
Q2 2026
Location
BEVERLY HILLS, CA
CIK
0001427147
Portfolio Value
$1.0B (Q4 2025)
SEC Filing
0001140361-26-003468 ↗ filed Feb 3, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $455.6M Q1 2024 Q2 2024: $511.3M Q2 2024 Q3 2024: $530.1M Q3 2024 Q4 2024: $521.6M Q4 2024 Q1 2025: $813.1M Q1 2025 Q2 2025: $872.3M Q2 2025 Q3 2025: $940.2M Q3 2025 Q4 2025: $1.0B $1.0B Q4 2025 Q1 2026: $995.6M Q1 2026 Q2 2026: $984.0M Q2 2026

Holdings 414 stocks · $1.0B
BRK.B Berkshire Hathaway Inc. Class B 10.90% 234,394 $111.0M Reduce -1.2%
SGOV iShares 0-3 Month Treasury B 9.65% 976,055 $98.2M Add +12.3%
AEM Agnico Eagle Mines Ltd. 9.33% 425,853 $95.0M Reduce -8.0%
GOOGL Alphabet Inc. Class A 5.98% 181,144 $60.9M Reduce -4.3%
TOTL SS Doubleline TR Tact ETF 5.02% 1,269,271 $51.2M Add +17.5%
JNJ Johnson & Johnson 3.71% 165,729 $37.7M Reduce -2.5%
CEF Sprott Physical Gold and Sil 3.64% 626,340 $37.0M Reduce -13.8%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 3.47% 319,299 $35.3M Add +8.4%
NEM Newmont Corp. 3.09% 238,737 $31.5M Reduce -24.3%
TDTF NT Iboxx 5Y Dur Tips ETF 3.05% 1,290,146 $31.0M Add +5.9%
MSFT Microsoft Corp. 2.70% 57,100 $27.5M Reduce -1.5%
META Meta Platforms Inc. Class A 2.66% 40,502 $27.1M Reduce -1.9%
V Visa Inc. Class A 2.36% 73,492 $24.0M Add +4.1%
UL Unilever PLC-Sponsored ADR 2.17% 332,017 $22.1M Reduce -0.9%
AMZN Amazon.com Inc. 1.79% 74,808 $18.2M Add +8.2%
MRK Merck & Co. Inc. 1.78% 169,736 $18.1M Add +2.7%
B Barrick Mining Corp. 1.72% 330,761 $17.5M Reduce -22.5%
XOM Exxon Mobil Corp. 1.71% 126,893 $17.5M Add +0.5%
CMCSA Comcast Corp. Class A 1.56% 557,851 $15.8M Add +12.0%
PFE Pfizer Inc. 1.41% 555,832 $14.4M Add +12.0%
BRK.A Berkshire Hathaway Inc. Class A 1.39% 20 $14.2M No change
CVX Chevron Corp. 1.39% 83,192 $14.1M Add +1.5%
MKL Markel Group Inc. 1.35% 6,840 $13.8M Add +1.3%
COP Conocophillips 1.19% 119,389 $12.1M Add +6.7%
PAAS Pan American Silver Corp. 0.92% 142,308 $9.4M Reduce -20.9%
AGI Alamos Gold Inc. Class A 0.92% 209,985 $9.3M Add +11.1%
AAPL Apple Inc. 0.87% 34,616 $8.9M Reduce -5.5%
QQQ Invesco QQQ Trust Series 1 0.71% 11,429 $7.2M Reduce -0.2%
GDX Vaneck Gold Miners ETF 0.65% 58,977 $6.6M Reduce -10.5%
DEM Wisdomtree Emerging Markets 0.62% 125,506 $6.3M Reduce -0.4%
ABBV Abbvie Inc. 0.60% 28,117 $6.1M Reduce -1.5%
IBDT iShares Ibonds Dec 2028 ETF 0.59% 237,044 $6.0M Add +8.7%
IBDW iShares Ibonds Dec 2031 Corp. 0.58% 280,289 $5.9M Add +6.5%
FNDE Schwab Fndmntl Em MRK Eq ETF 0.51% 129,165 $5.2M Reduce -0.4%
OXY Occidental Petroleum Corp. 0.45% 102,956 $4.6M Reduce -15.8%
OAKM Oakmark US Large Cap ETF 0.36% 131,390 $3.7M Add +140.5%
LBRDK Liberty Broadband-C 0.33% 77,726 $3.3M Reduce -32.7%
CVS CVS Health Corp. 0.31% 42,896 $3.2M Reduce -4.1%
PSX Phillips 66 0.31% 22,146 $3.1M Add +0.1%
AGG iShares Core U.S. Aggregate 0.31% 31,355 $3.1M Reduce -11.0%
SCHO Schwab Short-Term US Treas 0.30% 124,818 $3.0M Add +5.9%
PID Invesco International Divide 0.29% 129,134 $2.9M Reduce -0.0%
VOO Vanguard S&P 500 ETF 0.26% 4,140 $2.6M Add +6.3%
NVDA Nvidia Corp. 0.26% 13,591 $2.6M Reduce -1.6%
JPM JPMorgan Chase & Co. 0.24% 8,173 $2.5M Reduce -1.4%
URNM Sprott Uranium Miners ETF 0.23% 27,330 $2.3M No change
BSV Vanguard Short-Term Bond ETF 0.20% 26,094 $2.1M Reduce -3.8%
AMAT Applied Materials Inc. 0.17% 5,161 $1.7M No change
PM Philip Morris International 0.17% 9,678 $1.7M Reduce -9.5%
SMH Vaneck Semiconductor ETF 0.17% 4,100 $1.7M No change
GOOG Alphabet Inc. Class C 0.16% 4,836 $1.6M Reduce -2.2%
COST Costco Wholesale Corp. 0.16% 1,689 $1.6M Reduce -3.2%
VZ Verizon Communications Inc. 0.15% 38,334 $1.5M Reduce -13.3%
ABT Abbott Laboratories 0.14% 13,610 $1.4M Reduce -5.1%
MICC The Magnum Ice Cream Co. NV 0.13% 74,222 $1.3M Reduce -1.6%
GOVT iShares US Treasury Bond ETF 0.13% 56,742 $1.3M Add +57.3%
AMGN Amgen Inc. 0.13% 3,762 $1.3M No change
WDC Western Digital Corp. 0.12% 4,365 $1.2M Reduce -34.9%
SNDK Sandisk Corp. 0.10% 2,014 $1.1M Reduce -21.6%
MCD McDonald's Corp. 0.10% 3,343 $1.0M Reduce -0.7%
DVN Devon Energy Corp. 0.10% 25,431 $1.0M Reduce -13.2%
MDT Medtronic PLC 0.09% 9,427 $950K Reduce -90.4%
XBI SS SPDR S&P Biotech ETF 0.09% 7,100 $894K Add +1.1%
TSLA Tesla Inc. 0.09% 2,005 $865K Reduce -22.0%
CAH Cardinal Health Inc. 0.08% 4,100 $863K No change
VUSB Vanguard Ultra Short Bond Et 0.08% 16,805 $840K Add +121.1%
WFC Wells Fargo & Co. 0.08% 9,500 $836K Reduce -3.1%
GLIBK Liberty Capital Corp. Class C filed as GCI LIBERTY INC 0.08% 23,004 $834K Reduce -11.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.08% 1,179 $820K Reduce -20.8%
MS Morgan Stanley 0.08% 4,325 $789K Add +2.4%
CDNS Cadence Design SYS Inc. 0.07% 2,287 $733K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.07% 14,078 $729K Reduce -0.1%
SNPS Synopsys Inc. 0.07% 1,397 $714K Reduce -0.8%
MMM 3M Co. 0.07% 4,510 $703K Reduce -2.2%
GLW Corning Inc. 0.06% 6,262 $653K Reduce -0.1%
RTX RTX Corp. 0.06% 3,205 $639K Reduce -2.8%
COR Cencora Inc. 0.06% 1,788 $627K No change
ITA iShares U.S. Aerospace & Def 0.06% 2,649 $619K No change
LLY Eli Lilly & Co. 0.06% 581 $595K No change
VSNT Versant Media Group Inc. 0.06% 17,672 $594K New
MA Mastercard Inc. Class A 0.06% 1,118 $583K Reduce -5.9%
SLV iShares Silver Trust 0.06% 5,430 $573K No change
ORCL Oracle Corp. 0.06% 3,304 $571K Reduce -1.3%
MO Altria Group Inc. 0.06% 9,008 $569K Add +0.1%
SPG Simon Property Group Inc. 0.06% 3,065 $563K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 5,066 $555K Reduce -51.9%
VT Vanguard Tot World STK ETF 0.05% 3,571 $524K No change
HD Home Depot Inc. 0.05% 1,350 $507K No change
GS Goldman Sachs Group Inc. 0.05% 533 $499K No change
QCOM Qualcomm Inc. 0.05% 3,030 $463K Reduce -2.5%
F Ford Motor Co. filed as FORD MTR CO 0.04% 32,595 $450K No change
NOC Northrop Grumman Corp. 0.04% 650 $448K No change
NSC Norfolk Southern Corp. 0.04% 1,535 $437K No change
FISV Fiserv Inc. 0.04% 6,717 $436K Reduce -86.7%
BTI British American Tob-SP ADR 0.04% 7,175 $432K Add +13.4%
VUG Vanguard Mrngstar GR ETF-Sui 0.04% 847 $415K No change
TXN Texas Instruments Inc. 0.04% 1,916 $414K No change
TGT Target Corp. 0.04% 3,991 $406K Reduce -3.4%
INTC Intel Corp. 0.04% 8,314 $406K Reduce -64.3%
RGA Reinsurance Group of America 0.04% 2,050 $403K No change
VYM Vanguard High DVD Yield ETF 0.04% 2,662 $396K No change
CAT Caterpillar Inc. 0.04% 593 $381K Reduce -1.7%
ROST Ross Stores Inc. 0.04% 2,000 $372K No change
WM Waste Management Inc. 0.04% 1,602 $371K No change
PNC PNC Financial Services Group 0.04% 1,675 $371K No change
SHY iShares 1-3 Year Treasury Bo 0.04% 4,327 $359K Reduce -8.8%
VGT Vanguard Info Tech ETF 0.04% 461 $357K No change
CSCO Cisco Systems Inc. 0.03% 4,479 $354K Reduce -4.3%
ACM Aecom 0.03% 3,525 $344K No change
BA The Boeing Co. 0.03% 1,386 $335K Reduce -66.2%
PAVE Global X US Infrastructure 0.03% 6,500 $331K No change
C Citigroup Inc. 0.03% 2,883 $329K No change
BBY Best Buy Co. Inc. 0.03% 5,000 $328K Add +18.3%
BLDR Builders Firstsource Inc. 0.03% 2,675 $313K Add +10.1%
KO The Coca-Cola Co. 0.03% 4,089 $299K Reduce -6.8%
IGSB iShares 1-5Y Inv Grade Corp. 0.03% 5,603 $297K No change
ADP Automatic Data Processing 0.03% 1,178 $295K No change
UNH Unitedhealth Group Inc. 0.03% 909 $267K Reduce -13.0%
STT State Street Corp. 0.03% 2,069 $265K No change
XLK SS Technology Select Sector 0.03% 1,712 $255K No change
TMO Thermo Fisher Scientific Inc. 0.02% 405 $246K No change
UBS UBS Group AG-Reg 0.02% 5,119 $246K Reduce -8.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.02% 1,598 $236K No change
ASML ASML Holding NV-NY Reg SHS 0.02% 158 $225K No change
GLD SPDR Gold Shares 0.02% 434 $215K No change
CSX CSX Corp. 0.02% 5,730 $214K No change
VLO Valero Energy Corp. 0.02% 1,161 $214K Add +0.3%
WMT Walmart Inc. 0.02% 1,807 $211K Reduce -3.6%
IJR iShares Core S&P Small-Cap E 0.02% 1,626 $207K No change
PLD Prologis Inc. 0.02% 1,600 $203K No change
VOOG Vanguard S&P 500 Growth ETF 0.02% 435 $197K New
NKE Nike Inc. Class B 0.02% 3,156 $196K No change
MOAT Vaneck Morningstar Wide Moat 0.02% 1,851 $196K No change
NGD New Gold Inc. 0.02% 14,600 $184K No change
COF Capital One Financial Corp. 0.02% 825 $180K Add +10.0%
HON Honeywell International Inc. 0.02% 822 $178K Add +32.1%
IGV iShares Expanded Tech-Softwa 0.02% 1,800 $175K No change
AXP American Express Co. 0.02% 475 $170K No change
LMT Lockheed Martin Corp. 0.02% 277 $165K No change
XLV SS Health Care Select Sector 0.02% 1,056 $163K No change
NDAQ Nasdaq Inc. 0.02% 1,638 $162K No change
EMMF Wisdomtree Emerging Markets 0.02% 4,606 $160K No change
VTI VG Morningstar TS MKT ETF-US 0.02% 459 $157K No change
IYW iShares Ustechnology ETF 0.02% 750 $154K No change
ICLN iShares Global Clean Energy 0.01% 7,920 $151K Add +0.4%
QDF NT Qual Div ETF 0.01% 1,797 $148K No change
DLR Digital Realty Trust Inc. 0.01% 886 $145K No change
CNI Canadian Natl Railway Co. 0.01% 1,450 $143K No change
FNV Franco-Nevada Corp. 0.01% 525 $141K No change
CLF Cleveland-Cliffs Inc. 0.01% 9,550 $134K No change
SCHD Schwab US DVD Equity ETF 0.01% 4,446 $130K Add +0.3%
NFLX Netflix Inc. 0.01% 1,510 $128K No change
YUM Yum! Brands Inc. 0.01% 790 $122K Reduce -1.0%
DHR Danaher Corp. 0.01% 525 $118K Reduce -34.7%
HDV iShares Core High Dividend E 0.01% 894 $117K Reduce -3.8%
XLE SS Energy Select Sector 0.01% 2,324 $116K No change
BMY Bristol-Myers Squibb Co. 0.01% 2,125 $116K No change
VDE Vanguard Energy ETF 0.01% 820 $116K Add +23.9%
MCO Moody's Corp. 0.01% 220 $114K No change
FNDB Schwab Fndmntl US BRD Mr ETF 0.01% 4,053 $112K Add +0.5%
USO United States Oil Fund LP 0.01% 1,430 $110K No change
RKLB Rocket Lab Corp. 0.01% 1,216 $108K Add +10.6%
GVA Granite Construction Inc. 0.01% 888 $106K Add +0.1%
IYR iShares US Real Estate ETF 0.01% 1,080 $103K Add +0.1%
GILD Gilead Sciences Inc. 0.01% 728 $102K Add +0.7%
SBUX Starbucks Corp. 0.01% 1,066 $101K Reduce -12.2%
MU Micron Technology Inc. 0.01% 230 $100K No change
TSM Taiwan Semiconductor-SP ADR 0.01% 287 $98K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 328 $96K No change
ADBE Adobe Inc. 0.01% 322 $96K Reduce -10.8%
PLTR Palantir Technologies Inc. Class A 0.01% 606 $95K Add +21.2%
ZTS Zoetis Inc. 0.01% 752 $92K No change
ALL Allstate Corp. 0.01% 464 $92K No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.01% 1,350 $91K No change
CHKP Check Point Software Tech 0.01% 500 $90K No change
AXON Axon Enterprise Inc. 0.01% 163 $90K No change
CALI Ishrs SH-TRM Ca Muni Act ETF 0.01% 1,750 $89K No change
DLN Wisdomtree US Largecap Divid 0.01% 974 $88K No change
PH Parker Hannifin Corp. 0.01% 95 $87K No change
HASI Ha Sustainable Infrastructur 0.01% 2,514 $87K Add +1.3%
SCHG Schwab US Large-Cap Growth 0.01% 2,518 $82K Add +0.1%
RKT Rocket Cos Inc. Class A 0.01% 3,908 $81K Add +62.3%
CME Cme Group Inc. 0.01% 280 $80K No change
WY Weyerhaeuser Co. 0.01% 3,020 $79K No change
EPD Enterprise Products Partners 0.01% 2,250 $75K No change
CPRT Copart Inc. 0.01% 1,786 $73K No change
PG The Procter & Gamble Co. 0.01% 477 $70K Reduce -18.0%
KSS Kohls Corp. 0.01% 4,061 $70K No change
PAA Plains All Amer Pipeline LP 0.01% 3,540 $70K No change
KKR KKR & Co. Inc. 0.01% 510 $60K No change
DGX Quest Diagnostics Inc. 0.01% 324 $59K No change
PEP Pepsico Inc. 0.01% 395 $59K Reduce -30.3%
LOW Lowe's Cos Inc. 0.01% 217 $58K No change
PGR Progressive Corp. 0.01% 250 $53K Reduce -39.6%
WHR Whirlpool Corp. 0.01% 650 $53K No change
DGRW Wisdomtree U.S. Quality Divi 0.01% 571 $52K No change
FICO Fair Isaac Corp. 0.01% 34 $52K No change
QUAL iShares MSCI USA Quality Fac 0.01% 249 $51K No change
AVGO Broadcom Inc. 0.00% 150 $50K No change
IGPT Invesco AI and Next Gen Soft 0.00% 750 $50K No change
ILCG iShares Morningstar Growth E 0.00% 458 $49K No change
PHYS Sprott Physical Gold Trust 0.00% 1,175 $48K No change
PAYX Paychex Inc. 0.00% 432 $44K No change
BDX Becton Dickinson and Co. 0.00% 218 $44K No change
BX Blackstone Inc. 0.00% 300 $44K No change
RSG Republic Services Inc. 0.00% 194 $42K No change
WPC WP Carey Inc. 0.00% 608 $41K No change
YUMC Yum China Holdings Inc. 0.00% 798 $40K No change
SYY Sysco Corp. 0.00% 475 $40K No change
DE Deere & Co. 0.00% 75 $39K No change
NOBL Proshares S&P 500 Dividend A 0.00% 355 $39K Add +0.8%
BRO Brown & Brown Inc. 0.00% 530 $38K Reduce -11.7%
LGND Ligand Pharmaceuticals 0.00% 200 $38K No change
SHEL Shell PLC-ADR 0.00% 500 $38K No change
ACN Accenture PLC Class A 0.00% 140 $38K No change
IVV iShares Core S&P 500 ETF 0.00% 53 $37K Add +15.2%
BLK BlackRock Inc. 0.00% 33 $37K No change
HCA HCA Healthcare Inc. 0.00% 75 $37K No change
OKE Oneok Inc. 0.00% 463 $37K No change
ACIW Aci Worldwide Inc. 0.00% 800 $35K No change
RIO Rio Tinto PLC-Spon ADR 0.00% 368 $34K No change
VTRS Viatris Inc. 0.00% 2,634 $34K No change
DELL Dell Technologies -C 0.00% 286 $34K Add +0.3%
VEU Vanguard Ftse All-World Ex-U 0.00% 402 $32K No change
NLR Vaneck Urani & Nuclr ETF-Usd 0.00% 184 $30K Reduce -45.9%
CARR Carrier Global Corp. 0.00% 502 $29K Reduce -16.6%
EXE Expand Energy Corp. 0.00% 265 $29K No change
PSI Invesco Semiconductors ETF 0.00% 300 $29K No change
CP Canadian Pacific Kansas City 0.00% 400 $29K No change
SPAB SS SPDR P Agg Bond ETF 0.00% 1,100 $28K Reduce -13.6%
NXPI NXP Semiconductors NV 0.00% 115 $28K Reduce -64.7%
SPGI S&P Global Inc. 0.00% 52 $27K No change
PPG PPG Industries Inc. 0.00% 240 $27K Add +0.8%
CRH CRH PLC 0.00% 221 $27K No change
SO The Southern Co. 0.00% 305 $27K No change
PRU Prudential Financial Inc. 0.00% 250 $27K No change
EXPE Expedia Group Inc. 0.00% 100 $27K No change
TEVA Teva Pharmaceutical-SP ADR 0.00% 800 $27K No change
NUKZ Range Nuclear Renaissance filed as EXCHANGE TRADED CONCEPTS TRU 0.00% 360 $26K Reduce -45.9%
ADSK Autodesk Inc. 0.00% 96 $26K No change
APD Air Products & Chemicals Inc. 0.00% 100 $26K No change
BND Vanguard Total Bond Market 0.00% 343 $25K No change
NAMS Newamsterdam Pharma Co. NV 0.00% 796 $25K No change
NICE Nice Ltd. - Spon ADR 0.00% 225 $25K No change
HPQ HP Inc. 0.00% 1,300 $25K Reduce -58.1%
DEO Diageo PLC-Sponsored ADR 0.00% 273 $24K No change
BUG Global X Cybersecurity ETF 0.00% 800 $24K Add +33.3%
SCHE Schwab Emrg Mrkts Eqty ETF 0.00% 643 $23K Add +13.2%
SCHF Schwab Intl Equity ETF 0.00% 876 $22K No change
VIG Vanguard Dividend Apprec ETF 0.00% 100 $22K No change
FDTX Fidelity Disrupt Tech ETF 0.00% 500 $21K No change
IWD iShares Russell 1000 Value E 0.00% 95 $21K No change
DLB Dolby Laboratories Inc. Class A 0.00% 337 $21K Reduce -5.6%
USIG iShares Broad Usd Investment 0.00% 389 $20K No change
ARCC Ares Capital Corp. 0.00% 1,000 $20K No change
HACK Amplify Cybersecurity ETF 0.00% 250 $20K No change
EFA iShares MSCI Eafe ETF 0.00% 195 $20K No change
NEE Nextera Energy Inc. 0.00% 223 $20K No change
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.00% 106 $19K Reduce -3.6%
T AT&T Inc. 0.00% 791 $19K Add +163.7%
MSTR Strategy Inc. 0.00% 120 $19K No change
VEA Vanguard Ftse Developed ETF 0.00% 278 $19K No change
KLAC KLA Corp. 0.00% 11 $18K No change
SPOT Spotify Technology SA 0.00% 35 $18K No change
IVW iShares S&P 500 Growth ETF 0.00% 141 $18K No change
ITOT iShares Core S&P Total U.S. 0.00% 115 $17K No change
GNRC Generac Holdings Inc. 0.00% 100 $17K No change
AMP Ameriprise Financial Inc. 0.00% 33 $16K No change
MET Metlife Inc. 0.00% 200 $15K No change
SMFG Sumitomo Mitsui-Spons ADR 0.00% 728 $15K No change
FDS Factset Research Systems Inc. 0.00% 51 $14K No change
IHF iShares U.S. Healthcare Prov 0.00% 299 $14K No change
GTLS Chart Industries Inc. 0.00% 65 $13K No change
JOBY Joby Aviation Inc. 0.00% 1,000 $13K No change
DAL Delta Air Lines Inc. 0.00% 200 $13K No change
VLTO Veralto Corp. 0.00% 133 $13K No change
TTC Toro Co. 0.00% 142 $13K No change
LMBS First Trust Low Duration Opp 0.00% 255 $13K No change
USB US Bancorp 0.00% 225 $13K No change
IJH iShares Core S&P Midcap ETF 0.00% 178 $12K No change
RACE Ferrari NV 0.00% 37 $12K No change
BUFF Innovator Laddered Allocatio 0.00% 244 $12K No change
EES Wisdomtree US Smallcap Fund 0.00% 199 $12K No change
TECH Bio-Techne Corp. 0.00% 172 $11K No change
Q Qnity Electronics Inc. 0.00% 106 $11K Add +149.4%
OGN Organon & Co. 0.00% 1,113 $10K Reduce -3.7%
SOLS Solstice Adv Materials Inc. 0.00% 150 $10K Reduce -3.5%
KMX Carmax Inc. 0.00% 200 $9K Reduce -20.0%
FINX Global X Fintech ETF 0.00% 325 $9K No change
BHVN Biohaven Ltd. 0.00% 750 $9K No change
RGTI Rigetti Computing Inc. 0.00% 400 $9K No change
AMLP Alerian MLP ETF 0.00% 172 $9K No change
BAX Baxter International Inc. 0.00% 435 $9K No change
GM General Motors Co. 0.00% 100 $8K No change
KRE SS SPDR S&P Regional Bank 0.00% 125 $8K No change
URI United Rentals Inc. 0.00% 9 $8K No change
VDC Vanguard Consumer Staple ETF 0.00% 35 $8K No change
XMHQ Invesco S&P Midcap Qual ETF 0.00% 68 $7K No change
EEM iShares MSCI Emerging Market 0.00% 120 $7K No change
SYK Stryker Corp. 0.00% 20 $7K No change
ZM Zoom Communications Inc. 0.00% 75 $7K No change
MTD Mettler-Toledo International 0.00% 5 $7K No change
SCHZ Schwab US Aggregate Bond ETF 0.00% 287 $7K No change
BANR Banner Corporation 0.00% 110 $7K No change
IEFA iShares Core MSCI Eafe ETF 0.00% 66 $6K No change
STM Stmicroelectronics NV-NY SHS 0.00% 200 $6K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.00% 20 $6K No change
IWM iShares Russell 2000 ETF 0.00% 22 $6K No change
IHDG Wisdomtree International Hed 0.00% 116 $6K No change
GBTC Grayscale Bitcoin Trust ETF 0.00% 83 $6K No change
BIL SS SPDR BB 1-3M T-Bill ETF 0.00% 63 $6K No change
LIT Global X Lithium & Battery T 0.00% 75 $6K No change
MSCI MSCI Inc. 0.00% 9 $6K No change
SCHX Schwab US Large-Cap ETF 0.00% 192 $5K No change
VGK Vanguard Ftse Europe ETF 0.00% 60 $5K No change
COIN Coinbase Global Inc. Class A 0.00% 24 $5K No change
ITDG iShares Lifepth Targ DT 2055 0.00% 126 $5K New
IVE iShares S&P 500 Value ETF 0.00% 22 $5K No change
IEMG iShares Core MSCI Emerging 0.00% 60 $4K No change
VWO Vanguard Ftse Emerging Marke 0.00% 77 $4K Reduce -59.9%
KEY Keycorp 0.00% 200 $4K No change
DVY iShares Select Dividend ETF 0.00% 27 $4K No change
GSLC Goldman Activebeta US LC ETF 0.00% 30 $4K No change
BLKB Blackbaud Inc. 0.00% 72 $4K No change
SWKS Skyworks Solutions Inc. 0.00% 70 $4K No change
RLY SS Multi-Asset Real Ret ETF 0.00% 111 $4K No change
SNAP Snap Inc. Class A 0.00% 500 $4K No change
OKLO Oklo Inc. 0.00% 40 $4K No change
VXF Vanguard Extended Market ETF 0.00% 17 $4K No change
MFIC Midcap Financial Investment 0.00% 333 $4K No change
PYPL PayPal Holdings Inc. 0.00% 68 $4K Reduce -98.7%
BABA Alibaba Group Holding-SP ADR 0.00% 20 $4K No change
UNG US Natural Gas Fund LP 0.00% 240 $3K No change
SCHM Schwab US Mid Cap ETF 0.00% 108 $3K No change
GSIE Goldman Sachs Activebeta Int 0.00% 69 $3K No change
GEM Goldman Sachs Activebeta Em 0.00% 65 $3K No change
NB Niocorp Developments Ltd. 0.00% 400 $3K No change
LRGF iShares US Equity Factor ETF 0.00% 40 $3K No change
CAVA Cava Group Inc. 0.00% 40 $3K Reduce -20.0%
NTES Netease Inc.-ADR 0.00% 18 $2K No change
CRON Cronos Group Inc. 0.00% 900 $2K No change
IONS Ionis Pharmaceuticals Inc. 0.00% 28 $2K No change
GNPX Genprex Inc. 0.00% 1,000 $2K New
PDBC Invesco Optimum Yield Divers 0.00% 146 $2K No change
D Dominion Energy Inc. 0.00% 34 $2K No change
NULV Nuveen ESG Large-Cap Val ETF 0.00% 42 $2K No change
TRC Tejon Ranch Co. 0.00% 120 $2K No change
CNNE Cannae Holdings Inc. 0.00% 130 $2K No change
OABI Omniab Inc. 0.00% 980 $2K No change
MDB Mongodb Inc. 0.00% 4 $2K No change
INTU Intuit Inc. 0.00% 3 $2K No change
FCEL Fuelcell Energy Inc. 0.00% 167 $2K No change
ETHE Grayscale Ethereum Staking E 0.00% 63 $2K No change
GDXJ Vaneck Junior Gold Miners 0.00% 10 $2K No change
HOOD Robinhood Markets Inc. Class A 0.00% 14 $1K No change
SHOP Shopify Inc. Class A 0.00% 10 $1K No change
CI The Cigna Group 0.00% 5 $1K No change
HPE Hewlett Packard Enterprise 0.00% 55 $1K Reduce -99.2%
BHF Brighthouse Financial Inc. 0.00% 18 $1K No change
DPST Dirx DLY RGNL BNK B3X ETF-Ui 0.00% 10 $1K No change
FLO Flowers Foods Inc. 0.00% 100 $1K No change
USHY iShares Broad Usd High Yield 0.00% 29 $1K No change
S Sentinelone Inc. Class A 0.00% 68 $1K No change
FTGC First Trust Global Tactical 0.00% 38 $982 No change
NYXH Nyxoah SA 0.00% 200 $980 No change
MAYS Mays (j.w.) Inc. 0.00% 24 $960 No change
WEC WEC Energy Group Inc. 0.00% 8 $880 No change
CHWY Chewy Inc. Class A 0.00% 25 $776 No change
NLOP Net Lease Office Property 0.00% 40 $772 No change
ULTA Ulta Beauty Inc. 0.00% 1 $638 No change
BTC Grayscale Bitcoin Mini ETF 0.00% 16 $630 No change
VTV Vanguard Mrngstr Val ETF-Aui 0.00% 3 $595 No change
FNDA Schwab Fndmntl US SM Co. ETF 0.00% 17 $568 Reduce -88.8%
HEDJ Wisdomtree Europe Hedged Equ 0.00% 11 $567 No change
MNKD Mannkind Corp. 0.00% 100 $564 Reduce -80.0%
TRVG Trivago N V 0.00% 200 $564 No change
SPMD SS SPDR P S&P 400 Midcap ETF 0.00% 9 $548 No change
EWU iShares MSCI United Kingdom 0.00% 11 $494 Add +10.0%
BLOK Amplify Blockchain Tech ETF 0.00% 7 $470 No change
MRNA Moderna Inc. 0.00% 9 $408 No change
LSF Laird Superfood Inc. 0.00% 122 $403 No change
LULU Lululemon Athletica Inc. 0.00% 2 $361 No change
AFRM Affirm Holdings Inc. 0.00% 5 $327 No change
PLUG Plug Power Inc. 0.00% 133 $326 No change
DXC DXC Technology Co. 0.00% 21 $303 No change
MBB iShares MBS ETF 0.00% 3 $287 No change
CGC Canopy Growth Corp. 0.00% 234 $267 No change
WAB Wabtec Corp. 0.00% 1 $229 No change
LBRDA Liberty Broadband-A 0.00% 5 $213 No change
RIVN Rivian Automotive Inc. Class A 0.00% 14 $213 No change
VOD Vodafone Group PLC-SP ADR 0.00% 14 $204 New
TLRY Tilray Brands Inc. 0.00% 22 $173 Reduce -3.9%
ETH Grayscale Ethereum Staking M 0.00% 6 $171 No change
VXUS Vanguard Total Intl Stock 0.00% 2 $165 No change
VCSH Vanguard S/T Corp. Bond ETF 0.00% 2 $160 Reduce -99.8%
LUMN Lumen Technologies Inc. 0.00% 16 $147 No change
XEADX Allspring Income Opport 0.00% 19 $130 No change
VGIT Vanguard Intermediate-Term T 0.00% 2 $120 No change
OMAB Grupo Aeroportuario Cen-ADR 0.00% 1 $119 No change
VGSH Vanguard Short-Term Treasury 0.00% 2 $118 No change
IGIB iShares 5-10Y Inv Grade Corp. 0.00% 2 $108 No change
TD Toronto-Dominion Bank 0.00% 1 $94 No change
KALA PHARMACEUTICALS INC filed as KALA BIO INC COM NEW 0.00% 153 $89 No change
KVUE Kenvue Inc. 0.00% 5 $87 No change
CLB Core Laboratories Inc. 0.00% 4 $75 No change
RELX Relx PLC - Spon ADR 0.00% 2 $75 No change
NVNIF Nvni Group Ltd. 0.00% 28 $48 No change
EMBC Embecta Corp. 0.00% 4 $41 No change
GLIBA Liberty Capital Corp. filed as GCI LIBERTY INC 0.00% 1 $37 No change
STVN Stevanato Group SPA 0.00% 2 $32 No change
GME Gamestop Corp. Class A 0.00% 1 $24 No change
ACB Aurora Cannabis Inc. 0.00% 4 $17 No change
PCG P G & E Corp. 0.00% 1 $15 No change
LSTA Lisata Therapeutics Inc. 0.00% 3 $14 No change
Lines left out (1) · $5 — a value with no share or principal amount
SecurityClassSharesValue
BITO Proshares Bitcoin ETF-Usd BITCOIN ETF0$5

Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.

Total filed on the 13F, all lines: $1.0B.

Portfolio Sells Q3 2025 → Q4 2025
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.2% 10.90% −1.25
MDT Medtronic PLC Reduce -90.4% 0.09% −0.88
MSFT Microsoft Corp. Reduce -1.5% 2.70% −0.64
META Meta Platforms Inc. Class A Reduce -1.9% 2.66% −0.64
FISV Fiserv Inc. Reduce -86.7% 0.04% −0.64
LBRDK Liberty Broadband-C Reduce -32.7% 0.33% −0.38
UL Unilever PLC-Sponsored ADR Reduce -0.9% 2.17% −0.32
AAPL Apple Inc. Reduce -5.5% 0.87% −0.18
ABBV Abbvie Inc. Reduce -1.5% 0.60% −0.09
SIG Signet Jewelers Ltd. Sold out 0.00% −0.08
CVS CVS Health Corp. Reduce -4.1% 0.31% −0.08
OXY Occidental Petroleum Corp. Reduce -15.8% 0.45% −0.08
AGG iShares Core U.S. Aggregate Reduce -11.0% 0.31% −0.07
DIS The Walt Disney Co. Reduce -51.9% 0.05% −0.07
BA The Boeing Co. Reduce -66.2% 0.03% −0.06
INTC Intel Corp. Reduce -64.3% 0.04% −0.06
QQQ Invesco QQQ Trust Series 1 Reduce -0.2% 0.71% −0.06
ABT Abbott Laboratories Reduce -5.1% 0.14% −0.05
CHTR Charter Communications Inc. Class A Sold out 0.00% −0.05
ETSY Etsy Inc. Sold out 0.00% −0.05
ORCL Oracle Corp. Reduce -1.3% 0.06% −0.04
ALK Alaska Air Group Inc. Sold out 0.00% −0.04
PYPL PayPal Holdings Inc. Reduce -98.7% 0.00% −0.04
TSLA Tesla Inc. Reduce -22.0% 0.09% −0.04
NVDA Nvidia Corp. Reduce -1.6% 0.26% −0.04
VZ Verizon Communications Inc. Reduce -13.3% 0.15% −0.04
NE Noble Corp. PLC Sold out 0.00% −0.04
SPY SS SPDR S&P 500 ETF Trust-US Reduce -20.8% 0.08% −0.03
JPM JPMorgan Chase & Co. Reduce -1.4% 0.24% −0.03
BSV Vanguard Short-Term Bond ETF Reduce -3.8% 0.20% −0.03
UPS United Parcel Service Class B Sold out 0.00% −0.03
CPRI Capri Holdings Ltd. Sold out 0.00% −0.02
GLIBK Liberty Capital Corp. Class C Reduce -11.0% 0.08% −0.02
ITDI iShares Lifepath Target 2065 Sold out 0.00% −0.02
HPE Hewlett Packard Enterprise Reduce -99.2% 0.00% −0.02
UNH Unitedhealth Group Inc. Reduce -13.0% 0.03% −0.01
QCOM Qualcomm Inc. Reduce -2.5% 0.05% −0.01
MA Mastercard Inc. Class A Reduce -5.9% 0.06% −0.01
MICC The Magnum Ice Cream Co. NV Reduce -1.6% 0.13% −0.01
MMM 3M Co. Reduce -2.2% 0.07% −0.01
COST Costco Wholesale Corp. Reduce -3.2% 0.16% −0.01
VONG Vanguard Russell 1000 Growth Sold out 0.00% −0.01
VCSH Vanguard S/T Corp. Bond ETF Reduce -99.8% 0.00% −0.01
PID Invesco International Divide Reduce -0.0% 0.29% −0.01
WFC Wells Fargo & Co. Reduce -3.1% 0.08% −0.01
FNDE Schwab Fndmntl Em MRK Eq ETF Reduce -0.4% 0.51% −0.01
BAC Bank of America Corp. Reduce -0.1% 0.07% −0.01
DHR Danaher Corp. Reduce -34.7% 0.01% −0.01
MCD McDonald's Corp. Reduce -0.7% 0.10% −0.01
HPQ HP Inc. Reduce -58.1% 0.00% −0.01

Portfolio Buys Q3 2025 → Q4 2025
SGOV iShares 0-3 Month Treasury B Add +12.3% 9.65% +0.34
TOTL SS Doubleline TR Tact ETF Add +17.5% 5.02% +0.33
AGI Alamos Gold Inc. Class A Add +11.1% 0.92% +0.28
MRK Merck & Co. Inc. Add +2.7% 1.78% +0.25
OAKM Oakmark US Large Cap ETF Add +140.5% 0.36% +0.21
XOM Exxon Mobil Corp. Add +0.5% 1.71% +0.17
COP Conocophillips Add +6.7% 1.19% +0.16
PFE Pfizer Inc. Add +12.0% 1.41% +0.12
AMZN Amazon.com Inc. Add +8.2% 1.79% +0.10
VSNT Versant Media Group Inc. New 0.06% +0.06
CVX Chevron Corp. Add +1.5% 1.39% +0.05
VUSB Vanguard Ultra Short Bond Et Add +121.1% 0.08% +0.04
GOVT iShares US Treasury Bond ETF Add +57.3% 0.13% +0.04
MKL Markel Group Inc. Add +1.3% 1.35% +0.03
VOOG Vanguard S&P 500 Growth ETF New 0.02% +0.02
BTI British American Tob-SP ADR Add +13.4% 0.04% +0.01
CMCSA Comcast Corp. Class A Add +12.0% 1.56% +0.01
XBI SS SPDR S&P Biotech ETF Add +1.1% 0.09% +0.00
RKT Rocket Cos Inc. Class A Add +62.3% 0.01% +0.00
HON Honeywell International Inc. Add +32.1% 0.02% +0.00
MS Morgan Stanley Add +2.4% 0.08% +0.00
RKLB Rocket Lab Corp. Add +10.6% 0.01% +0.00
VDE Vanguard Energy ETF Add +23.9% 0.01% +0.00
T AT&T Inc. Add +163.7% 0.00% +0.00
IBDT iShares Ibonds Dec 2028 ETF Add +8.7% 0.59% +0.00
GILD Gilead Sciences Inc. Add +0.7% 0.01% +0.00
HASI Ha Sustainable Infrastructur Add +1.3% 0.01% +0.00
GVA Granite Construction Inc. Add +0.1% 0.01% +0.00
ICLN iShares Global Clean Energy Add +0.4% 0.01% +0.00
Q Qnity Electronics Inc. Add +149.4% 0.00% +0.00
ITDG iShares Lifepth Targ DT 2055 New 0.00% +0.00
IVV iShares Core S&P 500 ETF Add +15.2% 0.00% +0.00
GNPX Genprex Inc. New 0.00% +0.00
SCHE Schwab Emrg Mrkts Eqty ETF Add +13.2% 0.00% +0.00
COF Capital One Financial Corp. Add +10.0% 0.02% +0.00
BUG Global X Cybersecurity ETF Add +33.3% 0.00% +0.00
SCHD Schwab US DVD Equity ETF Add +0.3% 0.01% +0.00
VLO Valero Energy Corp. Add +0.3% 0.02% +0.00
EWU iShares MSCI United Kingdom Add +10.0% 0.00% 0.00
PPG PPG Industries Inc. Add +0.8% 0.00% 0.00
VOD Vodafone Group PLC-SP ADR New 0.00% 0.00
BLDR Builders Firstsource Inc. Add +10.1% 0.03% −0.00
NOBL Proshares S&P 500 Dividend A Add +0.8% 0.00% −0.00
FNDB Schwab Fndmntl US BRD Mr ETF Add +0.5% 0.01% −0.00
PLTR Palantir Technologies Inc. Class A Add +21.2% 0.01% −0.00
SCHG Schwab US Large-Cap Growth Add +0.1% 0.01% −0.00
IYR iShares US Real Estate ETF Add +0.1% 0.01% −0.00
DELL Dell Technologies -C Add +0.3% 0.00% −0.00
VOO Vanguard S&P 500 ETF Add +6.3% 0.26% −0.00
MO Altria Group Inc. Add +0.1% 0.06% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 441$984.0MBRK.B, SGOV, AEM, GOOGL, TOTL
Q1 2026 424$995.6MBRK.B, SGOV, AEM, TOTL, GOOGL
Q4 2025 414$1.0BBRK.B, SGOV, AEM, GOOGL, TOTL
Q3 2025 442$940.2MBRK.B, SGOV, AEM, GOOGL, TOTL
Q2 2025 431$872.3MBRK.B, SGOV, AEM, GOOGL, TOTL
Q1 2025 453$813.1MBRK.B, SGOV, AEM, TOTL, GOOGL
Q4 2024 70$521.6MBRK.B, GOOGL, AEM, META, JNJ
Q3 2024 67$530.1MBRK.B, AEM, GOOGL, JNJ, MSFT
Q2 2024 69$511.3MBRK.B, GOOGL, AEM, MSFT, JNJ
Q1 2024 62$455.6MBRK.B, GOOGL, AEM, MSFT, JNJ