Ervin Investment Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 7, 2025), Ervin Investment Management, LLC reported 42 stock positions worth $174.7 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 23.2% of the portfolio, followed by Microsoft (MSFT, 10.0%) and Apple (AAPL, 7.8%). Compared with Q2 2025, it opened 2 new positions, added to 10 and reduced 18. The biggest buy was a new position in iShares Core S&P Total U.S. (ITOT) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- SEATTLE, WA
- CIK
- 0001907802
- Portfolio Value
- $174.7M (Q3 2025)
- SEC Filing
- 0001907802-25-000006 ↗ filed Oct 7, 2025
Holdings Value
Holdings 42 stocks · $174.7M
| BRK.B Berkshire Hathaway Inc. Class B | 23.17% | 80,511 | $40.5M | Reduce -0.5% |
| MSFT Microsoft Corp. | 9.99% | 33,714 | $17.5M | Reduce -1.6% |
| AAPL Apple Inc. | 7.78% | 53,392 | $13.6M | Reduce -2.0% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 7.44% | 161,149 | $13.0M | Reduce -1.1% |
| BN Brookfield Corp. | 6.18% | 157,554 | $10.8M | Reduce -0.6% |
| L Loews Corp. | 4.60% | 80,058 | $8.0M | Reduce -2.9% |
| GOOGL Alphabet Inc. Class A | 4.47% | 32,114 | $7.8M | Reduce -5.7% |
| JEF Jefferies Financial Group Inc. | 3.25% | 86,698 | $5.7M | Reduce -3.8% |
| SGOL Abrdn Physical Gold Shares | 3.05% | 144,770 | $5.3M | Add +1.2% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 2.87% | 24,017 | $5.0M | Add +0.8% |
| GM General Motors Co. | 2.81% | 80,536 | $4.9M | Add +3.0% |
| MKL Markel Group Inc. | 2.77% | 2,536 | $4.8M | Add +1.8% |
| SPDW Ste STR SPDR PT DW Eu ETF | 2.62% | 106,786 | $4.6M | Add +1.1% |
| SPEM State Street SP PTF Em ETF | 2.17% | 81,059 | $3.8M | Add +2.5% |
| GOOG Alphabet Inc. Class C | 1.59% | 11,376 | $2.8M | Reduce -1.3% |
| ORCL Oracle Corp. | 1.58% | 9,811 | $2.8M | Reduce -8.8% |
| XOM Exxon Mobil Corp. | 1.53% | 23,737 | $2.7M | Reduce -2.3% |
| ASML ASML Holding NV-NY Reg SHS | 1.37% | 2,472 | $2.4M | Add +10.4% |
| SGOV iShares 0-3 Month Treasury B | 1.14% | 19,756 | $2.0M | Reduce -2.9% |
| BAM Brookfield Asset Mgmt-A | 1.09% | 33,561 | $1.9M | No change |
| YUM Yum! Brands Inc. | 0.94% | 10,827 | $1.6M | Reduce -0.4% |
| IVV iShares Core S&P 500 ETF | 0.86% | 2,241 | $1.5M | Reduce -4.1% |
| ESGV Vanguard ESG US Stock ETF | 0.81% | 11,931 | $1.4M | Add +1.8% |
| AXP American Express Co. | 0.79% | 4,146 | $1.4M | Reduce -2.8% |
| PM Philip Morris International | 0.67% | 7,244 | $1.2M | No change |
| GE General Electric filed as GE AEROSPACE | 0.66% | 3,859 | $1.2M | No change |
| ITOT iShares Core S&P Total U.S. | 0.62% | 7,483 | $1.1M | New |
| VXUS Vanguard Total Intl Stock | 0.58% | 13,809 | $1.0M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.31% | 1,656 | $543K | Reduce -2.4% |
| DEO Diageo PLC-Sponsored ADR | 0.28% | 5,101 | $487K | No change |
| AMZN Amazon.com Inc. | 0.25% | 2,018 | $443K | Add +10.7% |
| TECK Teck Resources Ltd.-CLS B | 0.22% | 8,875 | $390K | Reduce -11.0% |
| BA The Boeing Co. | 0.21% | 1,730 | $373K | Add +21.0% |
| MO Altria Group Inc. | 0.21% | 5,451 | $360K | No change |
| GEV GE Vernova Inc. | 0.19% | 550 | $338K | No change |
| SFM Sprouts Farmers Market Inc. | 0.18% | 2,950 | $321K | No change |
| YUMC Yum China Holdings Inc. | 0.18% | 7,330 | $315K | Reduce -2.7% |
| VSGX Vanguard ESG Intl Stock ETF | 0.15% | 3,668 | $254K | No change |
| GEHC GE Healthcare Technology | 0.14% | 3,162 | $237K | No change |
| CNX CNX Resources Corp. | 0.12% | 6,600 | $212K | No change |
| KO The Coca-Cola Co. | 0.12% | 3,087 | $205K | No change |
| AUR Aurora Innovation Inc. | 0.03% | 10,000 | $54K | New |
Portfolio Sells Q2 2025 → Q3 2025
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.5% | 23.17% | −1.43 |
| MSFT Microsoft Corp. | Reduce -1.6% | 9.99% | −0.66 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -1.1% | 7.44% | −0.19 |
| SGOV iShares 0-3 Month Treasury B | Reduce -2.9% | 1.14% | −0.14 |
| L Loews Corp. | Reduce -2.9% | 4.60% | −0.13 |
| XOM Exxon Mobil Corp. | Reduce -2.3% | 1.53% | −0.11 |
| YUM Yum! Brands Inc. | Reduce -0.4% | 0.94% | −0.07 |
| AXP American Express Co. | Reduce -2.8% | 0.79% | −0.06 |
| IVV iShares Core S&P 500 ETF | Reduce -4.1% | 0.86% | −0.05 |
| YUMC Yum China Holdings Inc. | Reduce -2.7% | 0.18% | −0.03 |
| TECK Teck Resources Ltd.-CLS B | Reduce -11.0% | 0.22% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.4% | 0.31% | −0.01 |
| BN Brookfield Corp. | Reduce -0.6% | 6.18% | +0.05 |
| ORCL Oracle Corp. | Reduce -8.8% | 1.58% | +0.11 |
| JEF Jefferies Financial Group Inc. | Reduce -3.8% | 3.25% | +0.16 |
| GOOG Alphabet Inc. Class C | Reduce -1.3% | 1.59% | +0.31 |
| GOOGL Alphabet Inc. Class A | Reduce -5.7% | 4.47% | +0.72 |
| AAPL Apple Inc. | Reduce -2.0% | 7.78% | +0.79 |
Portfolio Buys Q2 2025 → Q3 2025
| ITOT iShares Core S&P Total U.S. | New | 0.62% | +0.62 |
| GM General Motors Co. | Add +3.0% | 2.81% | +0.40 |
| ASML ASML Holding NV-NY Reg SHS | Add +10.4% | 1.37% | +0.25 |
| SGOL Abrdn Physical Gold Shares | Add +1.2% | 3.05% | +0.23 |
| SPEM State Street SP PTF Em ETF | Add +2.5% | 2.17% | +0.06 |
| AUR Aurora Innovation Inc. | New | 0.03% | +0.03 |
| BA The Boeing Co. | Add +21.0% | 0.21% | +0.03 |
| ESGV Vanguard ESG US Stock ETF | Add +1.8% | 0.81% | +0.01 |
| AMZN Amazon.com Inc. | Add +10.7% | 0.25% | +0.00 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +0.8% | 2.87% | −0.04 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +1.1% | 2.62% | −0.06 |
| MKL Markel Group Inc. | Add +1.8% | 2.77% | −0.34 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 47 | $184.1M | BRK.B, SPTM, AAPL, MSFT, GOOGL |
| Q1 2026 | 47 | $170.8M | BRK.B, SPTM, AAPL, MSFT, BN |
| Q4 2025Amended | 44 | $178.5M | BRK.B, MSFT, AAPL, SPTM, BN |
| Q3 2025 | 42 | $174.7M | BRK.B, MSFT, AAPL, SPTM, BN |
| Q2 2025 | 40 | $159.8M | BRK.B, MSFT, SPTM, AAPL, BN |
| Q1 2025 | 38 | $148.2M | BRK.B, MSFT, AAPL, BN, L |
| Q4 2024 | 37 | $155.0M | BRK.B, MSFT, AAPL, SPTM, BN |
| Q3 2024 | 39 | $155.8M | BRK.B, MSFT, AAPL, SPTM, BN |
| Q2 2024 | 38 | $144.3M | BRK.B, MSFT, AAPL, SPTM, BN |
| Q1 2024 | 36 | $142.7M | BRK.B, MSFT, AAPL, SPTM, L |