EagleClaw Capital Managment, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), EagleClaw Capital Managment, LLC reported 144 stock positions worth $691.2 million. Its top holding was Texas Pacific Land (TPL) at 6.1% of the portfolio, followed by Nvidia (NVDA, 5.5%) and Nike Class B (NKE, 3.7%). Compared with Q3 2025, it opened 3 new positions, sold out of 5, added to 26 and reduced 68. The biggest buy was Waterbridge Infrastruc Class A (WBI, shares +242%) and the biggest sale Grayscale Bitcoin Trust ETF (GBTC, shares −0%).

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0001607636
Portfolio Value
$691.2M (Q4 2025)
SEC Filing
0001607636-26-000001 ↗ filed Feb 10, 2026

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 Q3 2025 Q4 2025: $691.2M $691.2M Q4 2025 Q1 2026: $714.1M Q1 2026 Q2 2026: $745.4M Q2 2026

Holdings 144 stocks · $691.2M
TPL Texas Pacific Land Corp. 6.08% 146,388 $42.0M Reduce -0.3%
NVDA Nvidia Corp. 5.47% 202,901 $37.8M Reduce -2.2%
NKE Nike Inc. Class B 3.71% 402,114 $25.6M Reduce -0.2%
AAPL Apple Inc. 3.46% 87,925 $23.9M Reduce -1.9%
GBTC Grayscale Bitcoin Trust ETF 3.29% 332,841 $22.8M Reduce -0.5%
WPM Wheaton Precious Metals Corp. 2.64% 155,012 $18.2M Reduce -1.1%
GOOG Alphabet Inc. Class C 2.50% 55,012 $17.3M Reduce -0.4%
JPM JPMorgan Chase & Co. 2.46% 52,756 $17.0M Reduce -0.8%
ABBV Abbvie Inc. 2.36% 71,494 $16.3M Reduce -0.9%
HD Home Depot Inc. 2.19% 44,076 $15.2M Reduce -0.2%
PANW Palo Alto Networks Inc. 2.03% 76,113 $14.0M Reduce -0.5%
PH Parker Hannifin Corp. 1.93% 15,158 $13.3M Reduce -0.6%
ETN Eaton Corp. PLC 1.93% 41,808 $13.3M Add +0.5%
BKNG Booking Holdings Inc. 1.84% 2,373 $12.7M Add +0.2%
LIN Linde PLC 1.80% 29,175 $12.4M Add +0.1%
BTC Grayscale Bitcoin Mini ETF 1.69% 301,190 $11.7M Add +1.4%
CAT Caterpillar Inc. 1.67% 20,090 $11.5M Reduce -1.2%
AMZN Amazon.com Inc. 1.66% 49,704 $11.5M Reduce -0.4%
CACI Caci International Inc. Class A 1.65% 21,394 $11.4M Reduce -0.6%
ORCL Oracle Corp. 1.62% 57,607 $11.2M Reduce -0.5%
ICE Intercontinental Exchange Inc. 1.61% 68,876 $11.2M Add +0.1%
CME Cme Group Inc. 1.54% 39,074 $10.7M Reduce -0.3%
CVX Chevron Corp. 1.51% 68,390 $10.4M Reduce -0.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.50% 67,610 $10.4M Reduce -0.7%
FNV Franco-Nevada Corp. 1.44% 48,024 $10.0M Reduce -0.8%
APD Air Products & Chemicals Inc. 1.44% 40,263 $9.9M Reduce -2.9%
LB Landbridge Co. LLC-A 1.42% 200,880 $9.8M Reduce -0.7%
LOW Lowe's Cos Inc. 1.38% 39,567 $9.5M Reduce -0.3%
MSFT Microsoft Corp. 1.31% 18,674 $9.0M Reduce -5.7%
V Visa Inc. Class A 1.21% 23,852 $8.4M Add +0.3%
UNP Union Pacific Corp. 1.12% 33,415 $7.7M Add +0.9%
FCX Freeport-McMoran Inc. 1.08% 147,100 $7.5M Reduce -0.6%
QCOM Qualcomm Inc. 1.05% 42,450 $7.3M Reduce -1.2%
LMT Lockheed Martin Corp. 1.01% 14,502 $7.0M Reduce -0.5%
MSB Mesabi Trust 0.93% 167,225 $6.4M Reduce -0.1%
BA The Boeing Co. 0.93% 29,655 $6.4M Reduce -1.4%
MAR Marriott International Class A 0.87% 19,290 $6.0M Reduce -1.0%
WMB Williams Cos Inc. 0.86% 99,372 $6.0M Add +9.1%
FDX FedEx Corp. 0.83% 19,907 $5.8M Reduce -2.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.82% 19,142 $5.7M Reduce -1.2%
GOOGL Alphabet Inc. Class A 0.81% 17,887 $5.6M Reduce -1.2%
JNJ Johnson & Johnson 0.70% 23,296 $4.8M Add +0.3%
HE Hawaiian Electric Inds 0.65% 363,550 $4.5M Add +6.5%
BDX Becton Dickinson and Co. 0.64% 22,671 $4.4M Reduce -29.4%
BRK.B Berkshire Hathaway Inc. Class B 0.63% 8,606 $4.3M No change
WM Waste Management Inc. 0.58% 18,331 $4.0M Add +0.6%
CI The Cigna Group 0.57% 14,201 $3.9M No change
INFL Horizon Kinetics Infl Benef 0.56% 86,605 $3.9M Reduce -0.6%
RIO Rio Tinto PLC-Spon ADR 0.55% 47,805 $3.8M Reduce -0.0%
NVS Novartis AG-Sponsored ADR 0.55% 27,682 $3.8M Reduce -1.4%
MSTR Strategy Inc. 0.54% 24,425 $3.7M Reduce -2.3%
EMR Emerson Electric Co. 0.53% 27,551 $3.7M Reduce -0.1%
TMO Thermo Fisher Scientific Inc. 0.52% 6,234 $3.6M Reduce -0.4%
MRK Merck & Co. Inc. 0.49% 31,963 $3.4M Add +0.4%
VRTX Vertex Pharmaceuticals Inc. 0.48% 7,385 $3.3M No change
NVO Novo-Nordisk A/S-Spons ADR 0.48% 64,650 $3.3M Add +0.8%
GEN Gen Digital Inc. 0.47% 120,600 $3.3M Reduce -0.3%
SYY Sysco Corp. 0.47% 44,485 $3.3M Add +0.3%
UPS United Parcel Service Class B 0.47% 32,816 $3.3M Reduce -4.2%
MSGS Madison Square Garden Sports 0.46% 12,245 $3.2M Reduce -2.8%
MDT Medtronic PLC 0.45% 32,147 $3.1M Reduce -0.6%
CL Colgate-Palmolive Co. 0.42% 37,170 $2.9M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.42% 52,864 $2.9M No change
VTI VG Morningstar TS MKT ETF-US 0.41% 8,432 $2.8M Reduce -5.6%
PYPL PayPal Holdings Inc. 0.39% 46,075 $2.7M Reduce -0.4%
AIG American International Group 0.39% 31,179 $2.7M Reduce -0.7%
MTG Mgic Investment Corp. 0.38% 89,800 $2.6M No change
MKC McCormick & Co.-Non VTG SHRS 0.38% 38,195 $2.6M Add +5.3%
HOLX Hologic Inc. 0.36% 33,832 $2.5M Reduce -1.4%
APTV Aptiv PLC 0.36% 32,917 $2.5M Reduce -0.2%
SNY Sanofi-ADR 0.36% 51,385 $2.5M Reduce -0.6%
HON Honeywell International Inc. 0.35% 12,556 $2.4M Reduce -1.7%
WBI Waterbridge Infrastruc Class A 0.35% 119,825 $2.4M Add +241.9%
BMY Bristol-Myers Squibb Co. 0.35% 44,418 $2.4M Reduce -3.8%
COP Conocophillips 0.33% 24,540 $2.3M Reduce -0.6%
CSGP Costar Group Inc. 0.33% 34,150 $2.3M Add +0.9%
RSP Invesco S&P 500 Equal Weight 0.28% 10,155 $1.9M Reduce -6.2%
AFL Aflac Inc. 0.28% 17,613 $1.9M No change
LLY Eli Lilly & Co. 0.28% 1,770 $1.9M Reduce -2.8%
PCH Potlatchdeltic Corp. 0.25% 43,225 $1.7M Reduce -22.3%
TXN Texas Instruments Inc. 0.24% 9,720 $1.7M Reduce -0.8%
DVN Devon Energy Corp. 0.24% 45,475 $1.7M Reduce -33.4%
VOO Vanguard S&P 500 ETF 0.23% 2,579 $1.6M Add +0.6%
NEE Nextera Energy Inc. 0.23% 19,925 $1.6M Reduce -0.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.20% 4,765 $1.4M No change
ISRG Intuitive Surgical Inc. 0.19% 2,310 $1.3M No change
PG The Procter & Gamble Co. 0.19% 8,925 $1.3M Add +1.7%
CP Canadian Pacific Kansas City 0.18% 17,242 $1.3M Reduce -17.0%
GILD Gilead Sciences Inc. 0.17% 9,390 $1.2M Add +9.3%
KO The Coca-Cola Co. 0.17% 16,329 $1.1M No change
XOM Exxon Mobil Corp. 0.16% 9,450 $1.1M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.16% 1,627 $1.1M Reduce -7.9%
DE Deere & Co. 0.16% 2,345 $1.1M Reduce -0.2%
PEP Pepsico Inc. 0.15% 7,460 $1.1M No change
GEOS Geospace Technologies Corp. 0.15% 61,150 $1.0M No change
FISV Fiserv Inc. 0.13% 12,935 $869K Reduce -49.8%
SLB SLB Ltd. filed as SLB LIMITED 0.12% 22,184 $851K Reduce -2.2%
IJH iShares Core S&P Midcap ETF 0.11% 11,990 $791K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.11% 2,820 $730K Add +45.4%
BCDF Horizon Kin Blockchain Dev 0.10% 23,750 $718K Add +8.4%
PFE Pfizer Inc. 0.10% 28,768 $716K Add +12.1%
AMGN Amgen Inc. 0.10% 2,125 $696K No change
GD General Dynamics Corp. 0.10% 2,000 $673K No change
VEU Vanguard Ftse All-World Ex-U 0.09% 8,700 $640K No change
BXP BXP Inc. 0.09% 8,800 $594K No change
DRI Darden Restaurants Inc. 0.09% 3,200 $589K No change
ABT Abbott Laboratories 0.08% 4,648 $582K No change
IBN Icici Bank Ltd.-Spon ADR 0.08% 19,250 $574K No change
PBT Permian Basin Royalty Trust 0.08% 33,700 $572K No change
DHR Danaher Corp. 0.08% 2,425 $555K No change
CMI Cummins Inc. 0.08% 1,050 $536K No change
CLNE Clean Energy Fuels Corp. 0.07% 245,625 $516K Reduce -14.6%
OKE Oneok Inc. 0.07% 6,634 $488K No change
INTC Intel Corp. 0.07% 13,192 $487K Reduce -5.0%
QQQ Invesco QQQ Trust Series 1 0.07% 735 $452K Add +19.5%
RTX RTX Corp. 0.06% 2,425 $445K No change
BLK BlackRock Inc. 0.06% 398 $426K No change
WTRG Essential Utilities Inc. 0.06% 11,052 $424K No change
CSCO Cisco Systems Inc. 0.06% 5,325 $410K No change
VB Vanguard Most SM-Cap ETF-Usd 0.06% 1,550 $400K No change
MCK McKesson Corp. 0.06% 480 $394K No change
WTTR Select Water Solutions Inc. 0.06% 37,000 $389K No change
PEG Public Service Enterprise GP 0.05% 4,450 $357K No change
CHD Church & Dwight Co. Inc. 0.05% 4,158 $349K No change
ENB Enbridge Inc. 0.05% 7,273 $348K No change
TRV The Travelers Cos Inc. 0.05% 1,146 $332K No change
RPM RPM International Inc. 0.05% 3,050 $317K No change
MCO Moody's Corp. 0.04% 600 $307K No change
SAFT Safety Insurance Group Inc. 0.04% 3,750 $292K No change
SCHD Schwab US DVD Equity ETF 0.04% 9,635 $264K Add +1.4%
BBSI Barrett Business SVCS Inc. 0.04% 7,200 $261K No change
LTRX Lantronix Inc. 0.04% 42,400 $248K No change
TMUS T-Mobile US Inc. 0.04% 1,200 $244K No change
MPC Marathon Petroleum Corp. 0.04% 1,494 $243K Reduce -3.2%
VWO Vanguard Ftse Emerging Marke 0.03% 4,484 $241K No change
BSY Bentley Systems Inc. Class B 0.03% 6,275 $239K No change
CAH Cardinal Health Inc. 0.03% 1,150 $236K New
HAL Halliburton Co. 0.03% 8,100 $229K Reduce -12.9%
CVS CVS Health Corp. 0.03% 2,880 $229K New
TSLA Tesla Inc. 0.03% 500 $225K New
ITW Illinois Tool Works 0.03% 825 $203K No change
ET Energy Transfer LP 0.03% 11,500 $190K No change
WSBK Winchester Bancorp Inc. 0.02% 16,000 $167K No change
IEP Icahn Enterprises LP 0.01% 13,065 $99K Add +6.5%

Portfolio Sells Q3 2025 → Q4 2025
GBTC Grayscale Bitcoin Trust ETF Reduce -0.5% 3.29% −0.91
ORCL Oracle Corp. Reduce -0.5% 1.62% −0.65
MSTR Strategy Inc. Reduce -2.3% 0.54% −0.59
FISV Fiserv Inc. Reduce -49.8% 0.13% −0.34
HD Home Depot Inc. Reduce -0.2% 2.19% −0.31
TPL Texas Pacific Land Corp. Reduce -0.3% 6.08% −0.31
NKE Nike Inc. Class B Reduce -0.2% 3.71% −0.22
BDX Becton Dickinson and Co. Reduce -29.4% 0.64% −0.20
PANW Palo Alto Networks Inc. Reduce -0.5% 2.03% −0.15
APD Air Products & Chemicals Inc. Reduce -2.9% 1.44% −0.14
MSFT Microsoft Corp. Reduce -5.7% 1.31% −0.13
DVN Devon Energy Corp. Reduce -33.4% 0.24% −0.09
LB Landbridge Co. LLC-A Reduce -0.7% 1.42% −0.09
FNV Franco-Nevada Corp. Reduce -0.8% 1.44% −0.07
PCH Potlatchdeltic Corp. Reduce -22.3% 0.25% −0.07
PYPL PayPal Holdings Inc. Reduce -0.4% 0.39% −0.04
APTV Aptiv PLC Reduce -0.2% 0.36% −0.04
COIN Coinbase Global Inc. Class A Sold out 0.00% −0.03
CP Canadian Pacific Kansas City Reduce -17.0% 0.18% −0.03
ARKK ARK Innovation ETF Sold out 0.00% −0.03
AMT American Tower Corp. Sold out 0.00% −0.03
ADP Automatic Data Processing Sold out 0.00% −0.03
CLNE Clean Energy Fuels Corp. Reduce -14.6% 0.07% −0.03
SYK Stryker Corp. Sold out 0.00% −0.03
HON Honeywell International Inc. Reduce -1.7% 0.35% −0.02
LOW Lowe's Cos Inc. Reduce -0.3% 1.38% −0.02
TXN Texas Instruments Inc. Reduce -0.8% 0.24% −0.01
MPC Marathon Petroleum Corp. Reduce -3.2% 0.04% −0.01
RSP Invesco S&P 500 Equal Weight Reduce -6.2% 0.28% −0.01
GEN Gen Digital Inc. Reduce -0.3% 0.47% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -7.9% 0.16% −0.00
LMT Lockheed Martin Corp. Reduce -0.5% 1.01% −0.00
VTI VG Morningstar TS MKT ETF-US Reduce -5.6% 0.41% −0.00
HAL Halliburton Co. Reduce -12.9% 0.03% +0.00
INTC Intel Corp. Reduce -5.0% 0.07% +0.01
COP Conocophillips Reduce -0.6% 0.33% +0.01
DE Deere & Co. Reduce -0.2% 0.16% +0.01
INFL Horizon Kinetics Infl Benef Reduce -0.6% 0.56% +0.01
SLB SLB Ltd. Reduce -2.2% 0.12% +0.01
MDT Medtronic PLC Reduce -0.6% 0.45% +0.02
CVX Chevron Corp. Reduce -0.4% 1.51% +0.02
SNY Sanofi-ADR Reduce -0.6% 0.36% +0.02
NEE Nextera Energy Inc. Reduce -0.8% 0.23% +0.02
EMR Emerson Electric Co. Reduce -0.1% 0.53% +0.02
BA The Boeing Co. Reduce -1.4% 0.93% +0.02
ABBV Abbvie Inc. Reduce -0.9% 2.36% +0.03
HOLX Hologic Inc. Reduce -1.4% 0.36% +0.04
AIG American International Group Reduce -0.7% 0.39% +0.04
NVS Novartis AG-Sponsored ADR Reduce -1.4% 0.55% +0.05
QCOM Qualcomm Inc. Reduce -1.2% 1.05% +0.05

Portfolio Buys Q3 2025 → Q4 2025
WBI Waterbridge Infrastruc Class A Add +241.9% 0.35% +0.22
HE Hawaiian Electric Inds Add +6.5% 0.65% +0.12
MRK Merck & Co. Inc. Add +0.4% 0.49% +0.11
JNJ Johnson & Johnson Add +0.3% 0.70% +0.10
V Visa Inc. Class A Add +0.3% 1.21% +0.07
WMB Williams Cos Inc. Add +9.1% 0.86% +0.06
BKNG Booking Holdings Inc. Add +0.2% 1.84% +0.05
MKC McCormick & Co.-Non VTG SHRS Add +5.3% 0.38% +0.04
CAH Cardinal Health Inc. New 0.03% +0.03
GILD Gilead Sciences Inc. Add +9.3% 0.17% +0.03
CVS CVS Health Corp. New 0.03% +0.03
TSLA Tesla Inc. New 0.03% +0.03
UNP Union Pacific Corp. Add +0.9% 1.12% +0.02
AJG Arthur J Gallagher & Co. Add +45.4% 0.11% +0.02
WM Waste Management Inc. Add +0.6% 0.58% +0.02
VOO Vanguard S&P 500 ETF Add +0.6% 0.23% +0.01
QQQ Invesco QQQ Trust Series 1 Add +19.5% 0.07% +0.01
PFE Pfizer Inc. Add +12.1% 0.10% +0.01
BCDF Horizon Kin Blockchain Dev Add +8.4% 0.10% +0.01
SCHD Schwab US DVD Equity ETF Add +1.4% 0.04% +0.00
IEP Icahn Enterprises LP Add +6.5% 0.01% −0.00
PG The Procter & Gamble Co. Add +1.7% 0.19% −0.00
ICE Intercontinental Exchange Inc. Add +0.1% 1.61% −0.01
NVO Novo-Nordisk A/S-Spons ADR Add +0.8% 0.48% −0.02
SYY Sysco Corp. Add +0.3% 0.47% −0.04
CSGP Costar Group Inc. Add +0.9% 0.33% −0.07
LIN Linde PLC Add +0.1% 1.80% −0.14
ETN Eaton Corp. PLC Add +0.5% 1.93% −0.25
BTC Grayscale Bitcoin Mini ETF Add +1.4% 1.69% −0.42

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