Elkhorn Partners Limited Partnership
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Elkhorn Partners Limited Partnership reported 48 stock positions worth $157.1 million. Its top holding was Kennedy-Wilson (KW) at 28.9% of the portfolio, followed by Berkshire Hathaway Class A (BRK.A, 22.9%) and White Mountains Insurance GP (WTM, 17.8%). Compared with Q4 2025, it opened 9 new positions, sold out of 11, added to 17 and reduced 14. The biggest buy was Kimberly-Clark (KMB, shares +172%) and the biggest sale Occidental Petroleum (OXY, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- OMAHA, NE
- CIK
- 0000928400
- Portfolio Value
- $157.1M (Q1 2026)
- SEC Filing
- 0000900440-26-000041 ↗ filed May 14, 2026
Holdings Value
Holdings 48 stocks · $157.1M
| KW Kennedy-Wilson Holdings Inc. | 28.92% | 4,199,000 | $45.4M | Reduce -0.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 22.86% | 50 | $35.9M | No change |
| WTM White Mountains Insurance GP | 17.76% | 12,700 | $27.9M | Reduce -6.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 16.60% | 54,420 | $26.1M | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 2.91% | 15,900 | $4.6M | Reduce -3.0% |
| GOOG Alphabet Inc. Class C | 2.65% | 14,500 | $4.2M | No change |
| CDZI Cadiz Inc. | 2.01% | 643,500 | $3.2M | Reduce -1.3% |
| AAPL Apple Inc. | 1.96% | 12,100 | $3.1M | Add +4.7% |
| BA The Boeing Co. | 0.62% | 4,900 | $975K | Add +17.8% |
| C Citigroup Inc. | 0.44% | 6,100 | $692K | Reduce -1.6% |
| KMB Kimberly-Clark Corp. | 0.42% | 6,800 | $656K | Add +172.0% |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 0.38% | 8,200 | $595K | Reduce -9.9% |
| META Meta Platforms Inc. Class A | 0.26% | 700 | $400K | Add +125.8% |
| ADBE Adobe Inc. | 0.19% | 1,200 | $292K | No change |
| CRM Salesforce Inc. | 0.15% | 1,300 | $243K | New |
| PANW Palo Alto Networks Inc. | 0.15% | 1,500 | $240K | New |
| MAX Mediaalpha Inc. Class A | 0.14% | 23,000 | $214K | New |
| MICROSOFT CORP | 0.13% | 565 | $209K | New |
| PFE Pfizer Inc. | 0.13% | 7,400 | $208K | Add +5.7% |
| UBER Uber Technologies Inc. | 0.12% | 2,600 | $187K | Add +36.8% |
| NFLX Netflix Inc. | 0.10% | 1,700 | $163K | Add +70.0% |
| AMZN Amazon.com Inc. | 0.10% | 730 | $152K | Add +265.0% |
| DD Dupont DE Nemours Inc. | 0.10% | 3,300 | $151K | Reduce -32.6% |
| NOW ServiceNow Inc. | 0.09% | 1,300 | $136K | New |
| UNH Unitedhealth Group Inc. | 0.08% | 470 | $127K | Reduce -47.8% |
| ACTG Acacia Research Corp. | 0.08% | 25,000 | $120K | Reduce -27.5% |
| AXP American Express Co. | 0.07% | 350 | $106K | New |
| FPH Five Point Holdings LLC Class A | 0.06% | 21,000 | $102K | No change |
| DOW Dow Inc. filed as DOW HLDGS INC | 0.06% | 2,200 | $92K | Reduce -91.7% |
| CRSP Crispr Therapeutics AG | 0.06% | 1,900 | $90K | Add +14.5% |
| CLF Cleveland-Cliffs Inc. | 0.05% | 9,500 | $80K | Reduce -23.4% |
| CRDF Cardiff Oncology Inc. | 0.05% | 44,500 | $72K | Add +16.8% |
| BATRK Atlanta Braves Holdings in-C | 0.04% | 1,600 | $68K | Add +6.7% |
| NVDA Nvidia Corp. | 0.03% | 300 | $52K | New |
| DELL Dell Technologies -C | 0.03% | 300 | $49K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.03% | 500 | $48K | New |
| OXY Occidental Petroleum Corp. | 0.03% | 700 | $46K | Reduce -98.2% |
| BABA Alibaba Group Holding-SP ADR | 0.02% | 300 | $38K | No change |
| NEPH Nephros Inc. | 0.02% | 12,000 | $36K | Add +71.4% |
| RDI Reading International Inc. Class A | 0.02% | 26,000 | $29K | No change |
| FORR Forrester Research Inc. | 0.02% | 5,000 | $28K | Add +66.7% |
| FISV Fiserv Inc. | 0.01% | 400 | $22K | Add +207.7% |
| QXO Qxo Inc. | 0.01% | 1,100 | $21K | New |
| BHVN Biohaven Ltd. | 0.01% | 2,000 | $17K | Add +33.3% |
| FIG Figma Inc. Class A | 0.01% | 600 | $13K | Add +20.0% |
| HHH Howard Hughes Holdings Inc. | 0.01% | 200 | $13K | Reduce -33.3% |
| FG NEXUS INC. | 0.01% | 2,100 | $10K | Reduce -70.0% |
| CREX Creative Realities Inc. | 0.00% | 15 | $52 | No change |
Portfolio Sells Q4 2025 → Q1 2026
| OXY Occidental Petroleum Corp. | Reduce -98.2% | 0.03% | −0.96 |
| DOW Dow Inc. | Reduce -91.7% | 0.06% | −0.33 |
| GOOGL Alphabet Inc. Class A | Reduce -3.0% | 2.91% | −0.33 |
| CDZI Cadiz Inc. | Reduce -1.3% | 2.01% | −0.30 |
| Q Qnity Electronics Inc. | Sold out | 0.00% | −0.13 |
| UNH Unitedhealth Group Inc. | Reduce -47.8% | 0.08% | −0.11 |
| WTM White Mountains Insurance GP | Reduce -6.6% | 17.76% | −0.08 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.08 |
| TAYD Taylor Devices Inc. | Sold out | 0.00% | −0.06 |
| CLF Cleveland-Cliffs Inc. | Reduce -23.4% | 0.05% | −0.05 |
| DD Dupont DE Nemours Inc. | Reduce -32.6% | 0.10% | −0.03 |
| CTO Cto Realty Growth Inc. | Sold out | 0.00% | −0.03 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.02 |
| C Citigroup Inc. | Reduce -1.6% | 0.44% | −0.02 |
| OSK Oshkosh Corp. | Sold out | 0.00% | −0.02 |
| IFF Intl Flavors & Fragrances | Reduce -9.9% | 0.38% | −0.01 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.01 |
| CABO Cable One Inc. | Sold out | 0.00% | −0.01 |
| HHH Howard Hughes Holdings Inc. | Reduce -33.3% | 0.01% | −0.01 |
| FG NEXUS INC. | Reduce -70.0% | 0.01% | −0.01 |
| WEN The Wendy's Co. | Sold out | 0.00% | −0.01 |
| ACTG Acacia Research Corp. | Reduce -27.5% | 0.08% | −0.00 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −0.00 |
| OFLX Omega Flex Inc. | Sold out | 0.00% | −0.00 |
| KW Kennedy-Wilson Holdings Inc. | Reduce -0.8% | 28.92% | +3.06 |
Portfolio Buys Q4 2025 → Q1 2026
| KMB Kimberly-Clark Corp. | Add +172.0% | 0.42% | +0.26 |
| CRM Salesforce Inc. | New | 0.15% | +0.15 |
| PANW Palo Alto Networks Inc. | New | 0.15% | +0.15 |
| MAX Mediaalpha Inc. Class A | New | 0.14% | +0.14 |
| MICROSOFT CORP | New | 0.13% | +0.13 |
| META Meta Platforms Inc. Class A | Add +125.8% | 0.26% | +0.13 |
| NOW ServiceNow Inc. | New | 0.09% | +0.09 |
| AMZN Amazon.com Inc. | Add +265.0% | 0.10% | +0.07 |
| AXP American Express Co. | New | 0.07% | +0.07 |
| BA The Boeing Co. | Add +17.8% | 0.62% | +0.05 |
| NFLX Netflix Inc. | Add +70.0% | 0.10% | +0.04 |
| NVDA Nvidia Corp. | New | 0.03% | +0.03 |
| DIS The Walt Disney Co. | New | 0.03% | +0.03 |
| PFE Pfizer Inc. | Add +5.7% | 0.13% | +0.02 |
| UBER Uber Technologies Inc. | Add +36.8% | 0.12% | +0.02 |
| QXO Qxo Inc. | New | 0.01% | +0.01 |
| FISV Fiserv Inc. | Add +207.7% | 0.01% | +0.01 |
| BATRK Atlanta Braves Holdings in-C | Add +6.7% | 0.04% | +0.01 |
| FORR Forrester Research Inc. | Add +66.7% | 0.02% | +0.00 |
| CRSP Crispr Therapeutics AG | Add +14.5% | 0.06% | +0.00 |
| NEPH Nephros Inc. | Add +71.4% | 0.02% | +0.00 |
| BHVN Biohaven Ltd. | Add +33.3% | 0.01% | +0.00 |
| FIG Figma Inc. Class A | Add +20.0% | 0.01% | −0.00 |
| CRDF Cardiff Oncology Inc. | Add +16.8% | 0.05% | −0.02 |
| AAPL Apple Inc. | Add +4.7% | 1.96% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.7% | 16.60% | −0.56 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 50 | $116.7M | BRK.A, BRK.B, WTM, GOOGL, GOOG |
| Q1 2026 | 48 | $157.1M | KW, BRK.A, WTM, BRK.B, GOOGL |
| Q4 2025 | 50 | $158.3M | KW, BRK.A, WTM, BRK.B, GOOGL |
| Q3 2025 | 37 | $147.3M | BRK.A, KW, BRK.B, WTM, GOOGL |
| Q2 2025 | 37 | $137.5M | BRK.A, KW, WTM, BRK.B, GOOGL |
| Q1 2025 | 35 | $152.6M | BRK.A, KW, WTM, BRK.B, GOOGL |
| Q4 2024 | 42 | $152.3M | KW, BRK.A, WTM, BRK.B, GOOGL |
| Q3 2024 | 45 | $155.6M | KW, BRK.A, WTM, BRK.B, GOOGL |
| Q2 2024 | 50 | $145.2M | KW, BRK.A, WTM, BRK.B, GOOGL |
| Q1 2024Amended | 46 | $138.6M | KW, BRK.A, WTM, BRK.B, GOOGL |