EagleClaw Capital Managment, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), EagleClaw Capital Managment, LLC reported 146 stock positions worth $714.9 million. Its top holding was Texas Pacific Land (TPL) at 6.4% of the portfolio, followed by Nvidia (NVDA, 5.4%) and Grayscale Bitcoin Trust ETF (GBTC, 4.2%). Compared with Q2 2025, it opened 5 new positions, sold out of 3, added to 57 and reduced 46. The biggest buy was Grayscale Bitcoin Mini ETF (BTC, shares +38%) and the biggest sale Grayscale Bitcoin Trust ETF (GBTC, shares −14%).

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0001607636
Portfolio Value
$714.9M (Q3 2025)
SEC Filing
0001607636-25-000002 ↗ filed Nov 14, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $552.1M Q1 2024 Q2 2024: $555.8M Q2 2024 Q3 2024: $597.8M Q3 2024 Q4 2024: $630.8M Q4 2024 Q1 2025: $635.9M Q1 2025 Q2 2025: $669.6M Q2 2025 Q3 2025: $714.9M $714.9M Q3 2025 Q4 2025: $691.2M Q4 2025 Q1 2026: $714.1M Q1 2026 Q2 2026: $745.4M Q2 2026

Holdings 146 stocks · $714.9M
TPL Texas Pacific Land Corp. 6.39% 48,948 $45.7M Add +3.9%
NVDA Nvidia Corp. 5.41% 207,453 $38.7M Reduce -1.0%
GBTC Grayscale Bitcoin Trust ETF 4.20% 334,466 $30.0M Reduce -14.0%
NKE Nike Inc. Class B 3.93% 403,051 $28.1M Add +1.4%
AAPL Apple Inc. 3.19% 89,589 $22.8M Reduce -1.3%
HD Home Depot Inc. 2.50% 44,176 $17.9M Add +5.3%
WPM Wheaton Precious Metals Corp. 2.45% 156,767 $17.5M Reduce -3.5%
JPM JPMorgan Chase & Co. 2.35% 53,156 $16.8M Reduce -1.7%
ABBV Abbvie Inc. 2.34% 72,124 $16.7M Reduce -2.4%
ORCL Oracle Corp. 2.28% 57,867 $16.3M Reduce -5.3%
PANW Palo Alto Networks Inc. 2.18% 76,478 $15.6M Add +6.9%
ETN Eaton Corp. PLC 2.18% 41,608 $15.6M Add +1.2%
BTC Grayscale Bitcoin Mini ETF 2.10% 297,110 $15.0M Add +37.8%
LIN Linde PLC 1.94% 29,155 $13.8M Add +6.7%
GOOG Alphabet Inc. Class C 1.88% 55,252 $13.5M Add +1.8%
BKNG Booking Holdings Inc. 1.79% 2,368 $12.8M Reduce -0.2%
ICE Intercontinental Exchange Inc. 1.62% 68,811 $11.6M Reduce -0.7%
PH Parker Hannifin Corp. 1.62% 15,253 $11.6M Reduce -3.2%
APD Air Products & Chemicals Inc. 1.58% 41,453 $11.3M Add +1.8%
AMZN Amazon.com Inc. 1.53% 49,914 $11.0M Add +3.9%
LB Landbridge Co. LLC-A 1.51% 202,340 $10.8M Add +78.3%
FNV Franco-Nevada Corp. 1.51% 48,399 $10.8M Add +2.2%
CACI Caci International Inc. Class A 1.50% 21,514 $10.7M Reduce -2.2%
CVX Chevron Corp. 1.49% 68,690 $10.7M Add +0.7%
CME Cme Group Inc. 1.48% 39,174 $10.6M Add +0.8%
MSFT Microsoft Corp. 1.43% 19,792 $10.3M Reduce -2.7%
LOW Lowe's Cos Inc. 1.40% 39,702 $10.0M Add +8.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.38% 68,105 $9.8M Add +1.0%
CAT Caterpillar Inc. 1.36% 20,325 $9.7M Add +10.3%
V Visa Inc. Class A 1.14% 23,777 $8.1M Add +16.4%
MSTR Strategy Inc. 1.13% 25,000 $8.1M Reduce -0.4%
UNP Union Pacific Corp. 1.09% 33,115 $7.8M Add +0.9%
LMT Lockheed Martin Corp. 1.02% 14,567 $7.3M Add +3.0%
QCOM Qualcomm Inc. 1.00% 42,950 $7.1M Reduce -2.8%
BA The Boeing Co. 0.91% 30,080 $6.5M Reduce -0.8%
BDX Becton Dickinson and Co. 0.84% 32,116 $6.0M Add +8.3%
FCX Freeport-McMoran Inc. 0.81% 148,025 $5.8M Reduce -0.7%
WMB Williams Cos Inc. 0.81% 91,122 $5.8M Reduce -0.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.76% 19,377 $5.5M Add +0.9%
MAR Marriott International Class A 0.71% 19,490 $5.1M Add +2.4%
MSB Mesabi Trust 0.69% 167,425 $4.9M Add +1.1%
FDX FedEx Corp. 0.67% 20,323 $4.8M Add +7.8%
GOOGL Alphabet Inc. Class A 0.62% 18,097 $4.4M Add +15.0%
BRK.B Berkshire Hathaway Inc. Class B 0.61% 8,606 $4.3M Reduce -6.3%
JNJ Johnson & Johnson 0.60% 23,221 $4.3M Add +19.6%
CI The Cigna Group 0.57% 14,201 $4.1M Add +9.0%
WM Waste Management Inc. 0.56% 18,231 $4.0M Reduce -1.7%
INFL Horizon Kinetics Infl Benef 0.54% 87,130 $3.9M Reduce -0.5%
HE Hawaiian Electric Inds 0.53% 341,300 $3.8M Add +5.4%
SYY Sysco Corp. 0.51% 44,335 $3.7M Add +3.4%
EMR Emerson Electric Co. 0.51% 27,571 $3.6M Add +11.3%
NVS Novartis AG-Sponsored ADR 0.50% 28,082 $3.6M Add +12.7%
NVO Novo-Nordisk A/S-Spons ADR 0.50% 64,150 $3.6M Reduce -1.5%
GEN Gen Digital Inc. 0.48% 120,900 $3.4M Reduce -4.5%
FISV Fiserv Inc. 0.46% 25,770 $3.3M Reduce -2.1%
RIO Rio Tinto PLC-Spon ADR 0.44% 47,825 $3.2M Reduce -8.3%
PYPL PayPal Holdings Inc. 0.43% 46,275 $3.1M Reduce -4.1%
MDT Medtronic PLC 0.43% 32,347 $3.1M Add +0.3%
TMO Thermo Fisher Scientific Inc. 0.42% 6,259 $3.0M Add +0.7%
CL Colgate-Palmolive Co. 0.42% 37,170 $3.0M Add +4.0%
VTI VG Morningstar TS MKT ETF-US 0.41% 8,932 $2.9M No change
VRTX Vertex Pharmaceuticals Inc. 0.40% 7,385 $2.9M Reduce -2.6%
UPS United Parcel Service Class B 0.40% 34,266 $2.9M Add +7.9%
MSGS Madison Square Garden Sports 0.40% 12,595 $2.9M Add +5.4%
CSGP Costar Group Inc. 0.40% 33,850 $2.9M Add +136.7%
APTV Aptiv PLC 0.40% 32,997 $2.8M Reduce -1.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.38% 52,864 $2.7M No change
HON Honeywell International Inc. 0.38% 12,771 $2.7M Reduce -7.3%
MRK Merck & Co. Inc. 0.37% 31,843 $2.7M Add +0.1%
MTG Mgic Investment Corp. 0.36% 89,800 $2.5M Add +36.5%
AIG American International Group 0.34% 31,404 $2.5M Reduce -2.9%
SNY Sanofi-ADR 0.34% 51,685 $2.4M Reduce -1.7%
MKC McCormick & Co.-Non VTG SHRS 0.34% 36,270 $2.4M Reduce -1.1%
DVN Devon Energy Corp. 0.33% 68,275 $2.4M Reduce -14.4%
COP Conocophillips 0.33% 24,690 $2.3M Add +1.3%
HOLX Hologic Inc. 0.32% 34,300 $2.3M Reduce -4.6%
PCH Potlatchdeltic Corp. 0.32% 55,600 $2.3M Reduce -4.9%
BMY Bristol-Myers Squibb Co. 0.29% 46,168 $2.1M Reduce -3.3%
RSP Invesco S&P 500 Equal Weight 0.29% 10,830 $2.1M Reduce -3.1%
AFL Aflac Inc. 0.28% 17,613 $2.0M Reduce -0.3%
TXN Texas Instruments Inc. 0.25% 9,795 $1.8M Reduce -9.6%
VOO Vanguard S&P 500 ETF 0.22% 2,564 $1.6M Reduce -1.1%
CP Canadian Pacific Kansas City 0.22% 20,771 $1.5M Add +3.2%
NEE Nextera Energy Inc. 0.21% 20,075 $1.5M Add +1.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.20% 4,765 $1.4M No change
LLY Eli Lilly & Co. 0.19% 1,820 $1.4M Add +6.1%
PG The Procter & Gamble Co. 0.19% 8,775 $1.3M Add +0.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.16% 1,767 $1.2M Reduce -14.5%
GEOS Geospace Technologies Corp. 0.16% 61,150 $1.2M Add +69.2%
KO The Coca-Cola Co. 0.15% 16,329 $1.1M Reduce -0.1%
DE Deere & Co. 0.15% 2,350 $1.1M Add +32.4%
XOM Exxon Mobil Corp. 0.15% 9,450 $1.1M Add +38.8%
PEP Pepsico Inc. 0.15% 7,460 $1.0M Add +12.4%
ISRG Intuitive Surgical Inc. 0.14% 2,310 $1.0M No change
GILD Gilead Sciences Inc. 0.13% 8,590 $953K No change
WBI Waterbridge Infrastruc Class A 0.12% 35,050 $884K New
IJH iShares Core S&P Midcap ETF 0.11% 11,990 $782K No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.11% 22,684 $780K Reduce -4.2%
CLNE Clean Energy Fuels Corp. 0.10% 287,625 $742K Add +40.6%
BCDF Horizon Kin Blockchain Dev 0.10% 21,900 $691K Add +6.3%
GD General Dynamics Corp. 0.10% 2,000 $682K No change
BXP BXP Inc. 0.09% 8,800 $654K Add +25.7%
PFE Pfizer Inc. 0.09% 25,668 $654K Reduce -2.8%
ABT Abbott Laboratories 0.09% 4,648 $623K No change
VEU Vanguard Ftse All-World Ex-U 0.09% 8,700 $621K No change
PBT Permian Basin Royalty Trust 0.09% 33,700 $615K Reduce -5.6%
DRI Darden Restaurants Inc. 0.09% 3,200 $609K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.08% 1,940 $601K New
AMGN Amgen Inc. 0.08% 2,125 $600K No change
IBN Icici Bank Ltd.-Spon ADR 0.08% 19,250 $582K Add +51.0%
OKE Oneok Inc. 0.07% 6,634 $484K No change
DHR Danaher Corp. 0.07% 2,425 $481K Add +3.2%
INTC Intel Corp. 0.07% 13,892 $466K Reduce -4.1%
BLK BlackRock Inc. 0.06% 398 $464K No change
CMI Cummins Inc. 0.06% 1,050 $443K No change
WTRG Essential Utilities Inc. 0.06% 11,052 $441K No change
RTX RTX Corp. 0.06% 2,425 $406K No change
WTTR Select Water Solutions Inc. 0.06% 37,000 $396K No change
VB Vanguard Most SM-Cap ETF-Usd 0.06% 1,550 $394K No change
PEG Public Service Enterprise GP 0.05% 4,450 $371K No change
MCK McKesson Corp. 0.05% 480 $371K Reduce -5.0%
QQQ Invesco QQQ Trust Series 1 0.05% 615 $369K No change
ENB Enbridge Inc. 0.05% 7,273 $367K No change
CHD Church & Dwight Co. Inc. 0.05% 4,158 $364K No change
CSCO Cisco Systems Inc. 0.05% 5,325 $364K No change
RPM RPM International Inc. 0.05% 3,050 $360K No change
BSY Bentley Systems Inc. Class B 0.05% 6,275 $323K No change
TRV The Travelers Cos Inc. 0.04% 1,146 $320K No change
BBSI Barrett Business SVCS Inc. 0.04% 7,200 $319K No change
MPC Marathon Petroleum Corp. 0.04% 1,544 $298K No change
TMUS T-Mobile US Inc. 0.04% 1,200 $287K No change
MCO Moody's Corp. 0.04% 600 $286K No change
SAFT Safety Insurance Group Inc. 0.04% 3,750 $265K New
SCHD Schwab US DVD Equity ETF 0.04% 9,500 $259K Add +14.5%
COIN Coinbase Global Inc. Class A 0.03% 740 $250K No change
VWO Vanguard Ftse Emerging Marke 0.03% 4,484 $243K No change
ARKK ARK Innovation ETF 0.03% 2,652 $229K New
HAL Halliburton Co. 0.03% 9,300 $229K New
AMT American Tower Corp. 0.03% 1,158 $223K Add +10.3%
ADP Automatic Data Processing 0.03% 740 $217K No change
ITW Illinois Tool Works 0.03% 825 $215K No change
SYK Stryker Corp. 0.03% 550 $203K No change
ET Energy Transfer LP 0.03% 11,500 $197K No change
LTRX Lantronix Inc. 0.03% 42,400 $194K No change
WSBK Winchester Bancorp Inc. 0.02% 16,000 $153K No change
IEP Icahn Enterprises LP 0.01% 12,268 $103K Add +6.1%

Portfolio Sells Q2 2025 → Q3 2025
GBTC Grayscale Bitcoin Trust ETF Reduce -14.0% 4.20% −0.73
MSTR Strategy Inc. Reduce -0.4% 1.13% −0.39
ARIS WATER SOLUTIONS INC-A Sold out 0.00% −0.38
ICE Intercontinental Exchange Inc. Reduce -0.7% 1.62% −0.28
BKNG Booking Holdings Inc. Reduce -0.2% 1.79% −0.26
FISV Fiserv Inc. Reduce -2.1% 0.46% −0.21
NVO Novo-Nordisk A/S-Spons ADR Reduce -1.5% 0.50% −0.17
FCX Freeport-McMoran Inc. Reduce -0.7% 0.81% −0.15
HON Honeywell International Inc. Reduce -7.3% 0.38% −0.10
PYPL PayPal Holdings Inc. Reduce -4.1% 0.43% −0.10
VRTX Vertex Pharmaceuticals Inc. Reduce -2.6% 0.40% −0.10
TXN Texas Instruments Inc. Reduce -9.6% 0.25% −0.08
MSFT Microsoft Corp. Reduce -2.7% 1.43% −0.08
MKC McCormick & Co.-Non VTG SHRS Reduce -1.1% 0.34% −0.08
GEN Gen Digital Inc. Reduce -4.5% 0.48% −0.08
WM Waste Management Inc. Reduce -1.7% 0.56% −0.07
AIG American International Group Reduce -2.9% 0.34% −0.07
CACI Caci International Inc. Class A Reduce -2.2% 1.50% −0.07
BRK.B Berkshire Hathaway Inc. Class B Reduce -6.3% 0.61% −0.06
QCOM Qualcomm Inc. Reduce -2.8% 1.00% −0.05
WMB Williams Cos Inc. Reduce -0.4% 0.81% −0.05
DVN Devon Energy Corp. Reduce -14.4% 0.33% −0.04
BA The Boeing Co. Reduce -0.8% 0.91% −0.04
BMY Bristol-Myers Squibb Co. Reduce -3.3% 0.29% −0.04
SNY Sanofi-ADR Reduce -1.7% 0.34% −0.04
KMB Kimberly-Clark Corp. Sold out 0.00% −0.03
SPY SS SPDR S&P 500 ETF Trust-US Reduce -14.5% 0.16% −0.03
HOLX Hologic Inc. Reduce -4.6% 0.32% −0.03
PH Parker Hannifin Corp. Reduce -3.2% 1.62% −0.03
KO The Coca-Cola Co. Reduce -0.1% 0.15% −0.02
PCH Potlatchdeltic Corp. Reduce -4.9% 0.32% −0.02
RSP Invesco S&P 500 Equal Weight Reduce -3.1% 0.29% −0.02
FLNC Fluence Energy Inc. Sold out 0.00% −0.02
RIO Rio Tinto PLC-Spon ADR Reduce -8.3% 0.44% −0.01
SLB SLB Ltd. Reduce -4.2% 0.11% −0.01
INFL Horizon Kinetics Infl Benef Reduce -0.5% 0.54% −0.01
PFE Pfizer Inc. Reduce -2.8% 0.09% −0.00
MCK McKesson Corp. Reduce -5.0% 0.05% −0.00
AFL Aflac Inc. Reduce -0.3% 0.28% −0.00
VOO Vanguard S&P 500 ETF Reduce -1.1% 0.22% −0.00
JPM JPMorgan Chase & Co. Reduce -1.7% 2.35% +0.00
INTC Intel Corp. Reduce -4.1% 0.07% +0.02
PBT Permian Basin Royalty Trust Reduce -5.6% 0.09% +0.02
APTV Aptiv PLC Reduce -1.5% 0.40% +0.06
WPM Wheaton Precious Metals Corp. Reduce -3.5% 2.45% +0.27
ORCL Oracle Corp. Reduce -5.3% 2.28% +0.28
ABBV Abbvie Inc. Reduce -2.4% 2.34% +0.29
AAPL Apple Inc. Reduce -1.3% 3.19% +0.41
NVDA Nvidia Corp. Reduce -1.0% 5.41% +0.47

Portfolio Buys Q2 2025 → Q3 2025
BTC Grayscale Bitcoin Mini ETF Add +37.8% 2.10% +0.57
GOOG Alphabet Inc. Class C Add +1.8% 1.88% +0.45
LB Landbridge Co. LLC-A Add +78.3% 1.51% +0.36
FNV Franco-Nevada Corp. Add +2.2% 1.51% +0.35
CAT Caterpillar Inc. Add +10.3% 1.36% +0.29
CSGP Costar Group Inc. Add +136.7% 0.40% +0.23
HD Home Depot Inc. Add +5.3% 2.50% +0.21
GOOGL Alphabet Inc. Class A Add +15.0% 0.62% +0.20
LOW Lowe's Cos Inc. Add +8.5% 1.40% +0.18
JNJ Johnson & Johnson Add +19.6% 0.60% +0.16
TJX TJX Companies Inc. Add +1.0% 1.38% +0.13
WBI Waterbridge Infrastruc Class A New 0.12% +0.12
MSB Mesabi Trust Add +1.1% 0.69% +0.09
GEOS Geospace Technologies Corp. Add +69.2% 0.16% +0.09
AJG Arthur J Gallagher & Co. New 0.08% +0.08
MTG Mgic Investment Corp. Add +36.5% 0.36% +0.08
BDX Becton Dickinson and Co. Add +8.3% 0.84% +0.08
NVS Novartis AG-Sponsored ADR Add +12.7% 0.50% +0.05
V Visa Inc. Class A Add +16.4% 1.14% +0.05
TMO Thermo Fisher Scientific Inc. Add +0.7% 0.42% +0.05
CLNE Clean Energy Fuels Corp. Add +40.6% 0.10% +0.04
XOM Exxon Mobil Corp. Add +38.8% 0.15% +0.04
LMT Lockheed Martin Corp. Add +3.0% 1.02% +0.04
SAFT Safety Insurance Group Inc. New 0.04% +0.04
CVX Chevron Corp. Add +0.7% 1.49% +0.03
ARKK ARK Innovation ETF New 0.03% +0.03
HAL Halliburton Co. New 0.03% +0.03
FDX FedEx Corp. Add +7.8% 0.67% +0.03
MSGS Madison Square Garden Sports Add +5.4% 0.40% +0.03
SYY Sysco Corp. Add +3.4% 0.51% +0.03
LIN Linde PLC Add +6.7% 1.94% +0.02
BXP BXP Inc. Add +25.7% 0.09% +0.02
IBN Icici Bank Ltd.-Spon ADR Add +51.0% 0.08% +0.02
PEP Pepsico Inc. Add +12.4% 0.15% +0.02
DE Deere & Co. Add +32.4% 0.15% +0.02
HE Hawaiian Electric Inds Add +5.4% 0.53% +0.01
EMR Emerson Electric Co. Add +11.3% 0.51% +0.01
MDT Medtronic PLC Add +0.3% 0.43% +0.01
NEE Nextera Energy Inc. Add +1.1% 0.21% +0.01
SCHD Schwab US DVD Equity ETF Add +14.5% 0.04% +0.00
BCDF Horizon Kin Blockchain Dev Add +6.3% 0.10% +0.00
IEP Icahn Enterprises LP Add +6.1% 0.01% +0.00
COP Conocophillips Add +1.3% 0.33% +0.00
DHR Danaher Corp. Add +3.2% 0.07% −0.00
MRK Merck & Co. Inc. Add +0.1% 0.37% −0.00
AMT American Tower Corp. Add +10.3% 0.03% −0.00
LLY Eli Lilly & Co. Add +6.1% 0.19% −0.01
PANW Palo Alto Networks Inc. Add +6.9% 2.18% −0.01
ETN Eaton Corp. PLC Add +1.2% 2.18% −0.01
PG The Procter & Gamble Co. Add +0.9% 0.19% −0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 145$745.4MTPL, NVDA, AAPL, PANW, CAT
Q1 2026 145$714.1MTPL, NVDA, AAPL, NKE, WPM
Q4 2025 144$691.2MTPL, NVDA, NKE, AAPL, GBTC
Q3 2025 146$714.9MTPL, NVDA, GBTC, NKE, AAPL
Q2 2025 144$669.6MTPL, NVDA, GBTC, NKE, AAPL
Q1 2025 144$635.9MTPL, GBTC, NKE, NVDA, AAPL
Q4 2024 139$630.8MTPL, NVDA, GBTC, NKE, AAPL
Q3 2024 138$597.8MTPL, NKE, NVDA, AAPL, GBTC
Q2 2024 134$555.8MTPL, NVDA, GBTC, NKE, AAPL
Q1 2024 135$552.1MNKE, GBTC, TPL, NVDA, AAPL