Eldred Rock Partners, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 12, 2024), Eldred Rock Partners, LLC reported 30 stock positions worth $239.3 million. Its top holding was Lam Research (LRCX) at 6.6% of the portfolio, followed by Alphabet Class A (GOOGL, 6.3%) and Vontier (VNT, 6.1%). Compared with Q1 2024, it opened 4 new positions, added to 23 and reduced 3. The biggest buy was a new position in Vontier (VNT) and the biggest sale Lam Research (LRCX, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- SAN ANTONIO, TX
- CIK
- 0001984180
- Portfolio Value
- $239.3M (Q2 2024)
- SEC Filing
- 0001085146-24-002875 ↗ filed Jul 12, 2024
Holdings Value
Holdings 30 stocks · $239.3M
| LRCX Lam Research Corp. | 6.56% | 14,740 | $15.7M | Reduce -13.2% |
| GOOGL Alphabet Inc. Class A | 6.33% | 83,184 | $15.2M | Add +4.0% |
| VNT Vontier Corp. | 6.11% | 382,548 | $14.6M | New |
| MRK Merck & Co. Inc. | 5.09% | 98,465 | $12.2M | Add +4.2% |
| PSX Phillips 66 | 4.85% | 82,256 | $11.6M | Add +4.2% |
| BN Brookfield Corp. | 4.49% | 258,773 | $10.7M | Add +4.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.36% | 25,671 | $10.4M | Add +4.2% |
| PEP Pepsico Inc. | 4.25% | 61,710 | $10.2M | Add +77.4% |
| DFS Discover Financial Services | 4.20% | 76,754 | $10.0M | Add +4.2% |
| KMX Carmax Inc. | 4.12% | 134,348 | $9.9M | Add +4.2% |
| UNH Unitedhealth Group Inc. | 4.11% | 19,306 | $9.8M | New |
| EMR Emerson Electric Co. | 4.02% | 87,322 | $9.6M | Add +4.3% |
| CMI Cummins Inc. | 3.66% | 31,596 | $8.7M | Add +4.2% |
| TXN Texas Instruments Inc. | 3.64% | 44,757 | $8.7M | Add +4.1% |
| ACN Accenture PLC Class A | 3.63% | 28,626 | $8.7M | Add +4.3% |
| WFC Wells Fargo & Co. | 3.61% | 145,635 | $8.6M | New |
| CALM Cal-Maine Foods Inc. | 3.55% | 139,122 | $8.5M | Add +4.2% |
| IBOC International Bancshares CRP | 3.29% | 137,430 | $7.9M | Reduce -0.6% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 3.19% | 66,129 | $7.6M | Add +4.2% |
| NVO Novo-Nordisk A/S-Spons ADR | 2.49% | 41,690 | $6.0M | Add +34.6% |
| ASML ASML Holding NV-NY Reg SHS | 2.44% | 5,721 | $5.9M | Add +37.8% |
| TSM Taiwan Semiconductor-SP ADR | 2.39% | 32,880 | $5.7M | Add +55.5% |
| ICLR Icon PLC | 2.37% | 18,075 | $5.7M | Add +56.5% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 1.35% | 70,739 | $3.2M | Add +55.8% |
| DEO Diageo PLC-Sponsored ADR | 1.31% | 24,841 | $3.1M | New |
| NVS Novartis AG-Sponsored ADR | 1.23% | 27,727 | $3.0M | Add +92.8% |
| UL Unilever PLC | 1.14% | 49,714 | $2.7M | Add +56.0% |
| SHEL Shell PLC-ADR | 1.07% | 35,611 | $2.6M | Add +55.8% |
| ABEV Ambev SA-ADR | 1.05% | 1,227,459 | $2.5M | Add +156.8% |
| GOOG Alphabet Inc. Class C | 0.09% | 1,218 | $223K | Reduce -16.5% |
Portfolio Sells Q1 2024 → Q2 2024
Portfolio Buys Q1 2024 → Q2 2024
| VNT Vontier Corp. | New | 6.11% | +6.11 |
| UNH Unitedhealth Group Inc. | New | 4.11% | +4.11 |
| WFC Wells Fargo & Co. | New | 3.61% | +3.61 |
| DEO Diageo PLC-Sponsored ADR | New | 1.31% | +1.31 |
| PEP Pepsico Inc. | Add +77.4% | 4.25% | +0.94 |
| TSM Taiwan Semiconductor-SP ADR | Add +55.5% | 2.39% | +0.82 |
| NVS Novartis AG-Sponsored ADR | Add +92.8% | 1.23% | +0.48 |
| ABEV Ambev SA-ADR | Add +156.8% | 1.05% | +0.41 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +34.6% | 2.49% | +0.32 |
| UL Unilever PLC | Add +56.0% | 1.14% | +0.27 |
| ICLR Icon PLC | Add +56.5% | 2.37% | +0.25 |
| ASML ASML Holding NV-NY Reg SHS | Add +37.8% | 2.44% | +0.25 |
| SHEL Shell PLC-ADR | Add +55.8% | 1.07% | +0.24 |
| BNS Bank of Nova Scotia | Add +55.8% | 1.35% | +0.07 |
| GOOGL Alphabet Inc. Class A | Add +4.0% | 6.33% | −0.25 |
| TXN Texas Instruments Inc. | Add +4.1% | 3.64% | −0.44 |
| CALM Cal-Maine Foods Inc. | Add +4.2% | 3.55% | −0.73 |
| TROW T Rowe Price Group Inc. | Add +4.2% | 3.19% | −1.03 |
| DFS Discover Financial Services | Add +4.2% | 4.20% | −1.06 |
| EMR Emerson Electric Co. | Add +4.3% | 4.02% | −1.16 |
| BN Brookfield Corp. | Add +4.2% | 4.49% | −1.18 |
| CMI Cummins Inc. | Add +4.2% | 3.66% | −1.21 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.2% | 4.36% | −1.28 |
| ACN Accenture PLC Class A | Add +4.3% | 3.63% | −1.56 |
| MRK Merck & Co. Inc. | Add +4.2% | 5.09% | −1.70 |
| KMX Carmax Inc. | Add +4.2% | 4.12% | −2.00 |
| PSX Phillips 66 | Add +4.2% | 4.85% | −2.17 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $465.1M | LRCX, ASML, GOOGL, TSM, JBHT |
| Q1 2026 | 31 | $392.9M | TSM, GOOGL, ASML, JBHT, PSX |
| Q4 2025 | 32 | $385.5M | GOOGL, TSM, BN, ASML, CMI |
| Q3 2025Amended | 30 | $401.0M | TSM, GOOGL, LRCX, BN, VNT |
| Q2 2025 | 29 | $329.0M | TSM, COF, BN, GOOGL, LRCX |
| Q1 2025 | 29 | $327.5M | BRK.B, BN, GOOGL, DFS, VNT |
| Q4 2024 | 30 | $291.3M | GOOGL, BN, CALM, VNT, TSM |
| Q3 2024 | 32 | $299.3M | GOOGL, BN, VNT, TSM, LRCX |
| Q2 2024 | 30 | $239.3M | LRCX, GOOGL, VNT, MRK, PSX |
| Q1 2024 | 26 | $183.5M | LRCX, PSX, MRK, GOOGL, KMX |