Eldred Rock Partners, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 9, 2025), Eldred Rock Partners, LLC reported 29 stock positions worth $327.5 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 4.8% of the portfolio, followed by Brookfield (BN, 4.8%) and Alphabet Class A (GOOGL, 4.5%). Compared with Q4 2024, it opened 1 new position, sold out of 2, added to 25 and reduced 3. The biggest buy was a new position in Hunt (jb) Transprt SVCS (JBHT) and the biggest sale an exit from T Rowe Price (TROW).
- Most Recent 13F
- Q2 2026
- Location
- SAN ANTONIO, TX
- CIK
- 0001984180
- Portfolio Value
- $327.5M (Q1 2025)
- SEC Filing
- 0001085146-25-001960 ↗ filed Apr 9, 2025
Holdings Value
Holdings 29 stocks · $327.5M
| BRK.B Berkshire Hathaway Inc. Class B | 4.81% | 29,709 | $15.8M | Add +10.4% |
| BN Brookfield Corp. | 4.75% | 298,035 | $15.6M | Add +10.2% |
| GOOGL Alphabet Inc. Class A | 4.53% | 96,007 | $14.8M | Add +10.3% |
| DFS Discover Financial Services | 4.49% | 88,494 | $14.7M | Add +10.2% |
| VNT Vontier Corp. | 4.47% | 446,364 | $14.7M | Add +11.2% |
| CALM Cal-Maine Foods Inc. | 4.46% | 160,520 | $14.6M | Add +10.2% |
| TSM Taiwan Semiconductor-SP ADR | 4.38% | 86,474 | $14.3M | Reduce -15.1% |
| LRCX Lam Research Corp. | 3.78% | 170,569 | $12.4M | Add +10.3% |
| JBHT Hunt (jb) Transprt SVCS Inc. | 3.73% | 82,896 | $12.2M | New |
| KMX Carmax Inc. | 3.65% | 154,941 | $12.0M | Add +10.2% |
| PSX Phillips 66 | 3.56% | 94,915 | $11.7M | Add +10.3% |
| UNH Unitedhealth Group Inc. | 3.55% | 22,295 | $11.6M | Add +10.4% |
| TXN Texas Instruments Inc. | 3.51% | 64,377 | $11.5M | Add +37.3% |
| CMI Cummins Inc. | 3.49% | 36,480 | $11.4M | Add +10.4% |
| ASML ASML Holding NV-NY Reg SHS | 3.42% | 16,829 | $11.2M | Add +33.1% |
| EMR Emerson Electric Co. | 3.37% | 100,920 | $11.0M | Add +10.3% |
| PEP Pepsico Inc. | 3.24% | 70,949 | $10.6M | Add +10.1% |
| ACN Accenture PLC Class A | 3.12% | 33,037 | $10.2M | Add +10.2% |
| MRK Merck & Co. Inc. | 3.10% | 113,474 | $10.2M | Add +10.3% |
| BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX | 3.00% | 206,876 | $9.8M | Add +33.1% |
| WFC Wells Fargo & Co. | 2.91% | 133,614 | $9.5M | Reduce -12.1% |
| ICLR Icon PLC | 2.82% | 52,509 | $9.2M | Add +163.7% |
| NVS Novartis AG-Sponsored ADR | 2.76% | 80,835 | $9.0M | Add +33.3% |
| NVO Novo-Nordisk A/S-Spons ADR | 2.69% | 96,035 | $8.8M | Add +26.6% |
| UL Unilever PLC | 2.64% | 145,616 | $8.7M | Add +33.4% |
| IBOC International Bancshares CRP | 2.58% | 133,735 | $8.4M | Reduce -2.2% |
| ABEV Ambev SA-ADR | 2.51% | 3,547,820 | $8.2M | Add +32.8% |
| DEO Diageo PLC-Sponsored ADR | 2.34% | 73,077 | $7.7M | Add +33.2% |
| SHEL Shell PLC-ADR | 2.33% | 104,376 | $7.6M | Add +33.5% |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| JBHT Hunt (jb) Transprt SVCS Inc. | New | 3.73% | +3.73 |
| ICLR Icon PLC | Add +163.7% | 2.82% | +1.39 |
| ABEV Ambev SA-ADR | Add +32.8% | 2.51% | +0.81 |
| NVS Novartis AG-Sponsored ADR | Add +33.3% | 2.76% | +0.73 |
| SHEL Shell PLC-ADR | Add +33.5% | 2.33% | +0.65 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +10.4% | 4.81% | +0.63 |
| UL Unilever PLC | Add +33.4% | 2.64% | +0.52 |
| TXN Texas Instruments Inc. | Add +37.3% | 3.51% | +0.49 |
| ASML ASML Holding NV-NY Reg SHS | Add +33.1% | 3.42% | +0.41 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +26.6% | 2.69% | +0.33 |
| PSX Phillips 66 | Add +10.3% | 3.56% | +0.22 |
| BNS Bank of Nova Scotia | Add +33.1% | 3.00% | +0.13 |
| UNH Unitedhealth Group Inc. | Add +10.4% | 3.55% | +0.03 |
| LRCX Lam Research Corp. | Add +10.3% | 3.78% | −0.05 |
| DEO Diageo PLC-Sponsored ADR | Add +33.2% | 2.34% | −0.05 |
| PEP Pepsico Inc. | Add +10.1% | 3.24% | −0.12 |
| DFS Discover Financial Services | Add +10.2% | 4.49% | −0.28 |
| KMX Carmax Inc. | Add +10.2% | 3.65% | −0.30 |
| MRK Merck & Co. Inc. | Add +10.3% | 3.10% | −0.39 |
| CMI Cummins Inc. | Add +10.4% | 3.49% | −0.46 |
| ACN Accenture PLC Class A | Add +10.2% | 3.12% | −0.51 |
| EMR Emerson Electric Co. | Add +10.3% | 3.37% | −0.53 |
| VNT Vontier Corp. | Add +11.2% | 4.47% | −0.54 |
| BN Brookfield Corp. | Add +10.2% | 4.75% | −0.58 |
| CALM Cal-Maine Foods Inc. | Add +10.2% | 4.46% | −0.67 |
| GOOGL Alphabet Inc. Class A | Add +10.3% | 4.53% | −1.15 |
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 |