Fairview Capital Investment Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Fairview Capital Investment Management, LLC reported 166 stock positions worth $1.9 billion. Its top holding was LPL Financial (LPLA) at 8.6% of the portfolio, followed by Cheniere Energy (LNG, 7.4%) and Alphabet Class C (GOOG, 5.1%). Compared with Q1 2025, it opened 11 new positions, sold out of 4, added to 37 and reduced 70. The biggest buy was a new position in SHIFT4 Payments Class A (FOUR) and the biggest sale United Parcel Service Class B (UPS, shares −85%).
- Most Recent 13F
- Q2 2026
- Location
- Greenbrae, CA
- CIK
- 0001056549
- Portfolio Value
- $1.9B (Q2 2025)
- SEC Filing
- 0000935836-25-000509 ↗ filed Aug 14, 2025
Holdings Value
Holdings 166 stocks · $1.9B
| LPLA LPL Financial Holdings Inc. | 8.64% | 445,125 | $166.9M | Reduce -5.3% |
| LNG Cheniere Energy Inc. | 7.40% | 586,993 | $142.9M | Reduce -1.7% |
| GOOG Alphabet Inc. Class C | 5.12% | 557,312 | $98.9M | Reduce -0.2% |
| BX Blackstone Inc. | 4.98% | 643,923 | $96.3M | Reduce -1.1% |
| TKO Tko Group Holdings Inc. | 4.72% | 501,602 | $91.3M | Reduce -1.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.45% | 177,002 | $86.0M | Reduce -0.9% |
| MSFT Microsoft Corp. | 4.23% | 164,457 | $81.8M | Reduce -0.3% |
| FWONK Liberty Media Corp. Class C | 4.04% | 746,861 | $78.0M | Reduce -2.1% |
| AMZN Amazon.com Inc. | 3.46% | 304,984 | $66.9M | Add +46.5% |
| VRRM Verra Mobility Corp. | 3.33% | 2,533,373 | $64.3M | Add +7.1% |
| LH Labcorp Holdings Inc. | 3.19% | 234,877 | $61.7M | Add +4.1% |
| WMT Walmart Inc. | 3.03% | 598,169 | $58.5M | Reduce -0.5% |
| FOUR SHIFT4 Payments Inc. Class A | 2.50% | 487,462 | $48.3M | New |
| AMT American Tower Corp. | 2.44% | 212,979 | $47.1M | Reduce -0.2% |
| CRM Salesforce Inc. | 2.42% | 171,646 | $46.8M | Add +2.6% |
| WMG Warner Music Group Corp. Class A | 2.14% | 1,518,475 | $41.4M | Reduce -20.4% |
| ADBE Adobe Inc. | 2.11% | 105,412 | $40.8M | Reduce -8.2% |
| JPST JPMorgan Ultra-Short Income | 1.86% | 708,208 | $35.9M | Add +2.1% |
| CTAS Cintas Corp. | 1.53% | 132,716 | $29.6M | Reduce -0.1% |
| AGG iShares Core U.S. Aggregate | 1.49% | 290,772 | $28.8M | Reduce -1.0% |
| JNJ Johnson & Johnson | 1.44% | 182,803 | $27.9M | Reduce -6.2% |
| VEA Vanguard Ftse Developed ETF | 1.37% | 465,739 | $26.6M | Add +39.5% |
| LINE Lineage Inc. | 1.37% | 606,780 | $26.4M | Add +40.4% |
| EXPE Expedia Group Inc. | 1.33% | 152,895 | $25.8M | Reduce -14.5% |
| KMX Carmax Inc. | 1.07% | 306,823 | $20.6M | Add +3.7% |
| AAPL Apple Inc. | 0.82% | 77,616 | $15.9M | Reduce -45.1% |
| CQP Cheniere Energy Partners LP | 0.77% | 264,140 | $14.8M | Reduce -32.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.71% | 173,661 | $13.8M | Reduce -0.2% |
| CCI Crown Castle Inc. | 0.70% | 131,806 | $13.5M | Reduce -0.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.68% | 43,537 | $13.2M | Add +1.0% |
| VWO Vanguard Ftse Emerging Marke | 0.66% | 259,493 | $12.8M | Add +6.8% |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.66% | 186,457 | $12.8M | Add +6.7% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.56% | 166,992 | $10.9M | Reduce -1.4% |
| IAU iShares Gold Trust | 0.50% | 153,684 | $9.6M | Add +0.3% |
| EBAY eBay Inc. | 0.47% | 123,231 | $9.2M | Reduce -62.7% |
| SPSB SS SPDR P St C Corp. ETF | 0.47% | 301,469 | $9.1M | Add +0.7% |
| SYY Sysco Corp. | 0.47% | 119,894 | $9.1M | Reduce -8.3% |
| BND Vanguard Total Bond Market | 0.46% | 120,100 | $8.8M | Reduce -0.8% |
| EMLP First Trust North American E | 0.44% | 228,712 | $8.6M | Reduce -17.4% |
| COLD Americold Realty Trust Inc. | 0.43% | 497,854 | $8.3M | Reduce -53.7% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.41% | 185,457 | $8.0M | Reduce -1.4% |
| GLD SPDR Gold Shares | 0.38% | 24,217 | $7.4M | Add +2.2% |
| VNQI Vanguard GLBL Ex-US Real Est | 0.37% | 153,706 | $7.1M | Add +0.5% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.37% | 134,040 | $7.1M | Reduce -0.0% |
| TIP iShares Tips Bond ETF | 0.34% | 59,999 | $6.6M | Add +8.3% |
| VNQ Vanguard Real Estate ETF | 0.34% | 73,738 | $6.6M | Reduce -0.9% |
| SBAC SBA Communications Corp. | 0.33% | 27,021 | $6.3M | Reduce -51.8% |
| ICSH iShares Ultra Short Duration | 0.31% | 116,788 | $5.9M | No change |
| MUB iShares National Muni Bond E | 0.30% | 55,675 | $5.8M | Add +373.8% |
| EMB iShares JP Morgan Usd Emergi | 0.30% | 62,335 | $5.8M | Add +1.5% |
| IEMG iShares Core MSCI Emerging | 0.30% | 95,134 | $5.7M | Add +0.7% |
| MA Mastercard Inc. Class A | 0.29% | 10,081 | $5.7M | Reduce -0.1% |
| UPS United Parcel Service Class B | 0.29% | 55,753 | $5.6M | Reduce -85.3% |
| OKE Oneok Inc. | 0.27% | 63,180 | $5.2M | Reduce -70.7% |
| VTIP Vanguard Short-Term Tips | 0.26% | 101,759 | $5.1M | Add +28.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.26% | 60,996 | $5.1M | Add +1.2% |
| FLOT iShares Floating Rate Bond E | 0.25% | 94,940 | $4.8M | Reduce -29.7% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.24% | 42,460 | $4.7M | Reduce -10.3% |
| ITOT iShares Core S&P Total U.S. | 0.24% | 34,050 | $4.6M | No change |
| SUB iShares Short-Term National | 0.22% | 40,875 | $4.3M | Reduce -2.4% |
| COMT iShares Gsci Commodity Dynam | 0.22% | 168,007 | $4.3M | Add +100.8% |
| LAMR Lamar Advertising Co. Class A | 0.22% | 34,785 | $4.2M | Reduce -0.6% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.22% | 82,175 | $4.2M | Add +14.2% |
| SLQD iShares 0-5 YR Inv GRD Corp. | 0.21% | 80,276 | $4.1M | No change |
| SJNK SS SPDR BB St Hi Yield ETF | 0.20% | 150,619 | $3.8M | Reduce -1.3% |
| PG The Procter & Gamble Co. | 0.19% | 22,703 | $3.6M | Reduce -1.3% |
| GOOGL Alphabet Inc. Class A | 0.19% | 20,409 | $3.6M | Reduce -0.1% |
| PDBC Invesco Optimum Yield Divers | 0.18% | 265,478 | $3.5M | Reduce -41.5% |
| STIP iShares 0-5 Year Tips Bond E | 0.17% | 32,846 | $3.4M | Add +22.6% |
| CVX Chevron Corp. | 0.15% | 20,475 | $2.9M | No change |
| NTRS Northern Trust Corp. | 0.13% | 20,418 | $2.6M | Reduce -16.1% |
| IGOV iShares International Treasu | 0.12% | 52,920 | $2.3M | Add +43.6% |
| SCHH Schwab US REIT ETF | 0.12% | 106,765 | $2.3M | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.11% | 3,540 | $2.2M | Reduce -2.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.11% | 44,000 | $2.2M | Reduce -67.1% |
| HAUZ Xtrackers Intl Real Estate | 0.10% | 88,100 | $2.0M | Add +0.4% |
| CMF iShares California Muni Bond | 0.09% | 30,695 | $1.7M | Add +4.8% |
| JPM JPMorgan Chase & Co. | 0.09% | 5,814 | $1.7M | Reduce -4.0% |
| XOM Exxon Mobil Corp. | 0.08% | 14,942 | $1.6M | No change |
| TFX Teleflex Inc. | 0.08% | 12,995 | $1.5M | Reduce -55.6% |
| VCIT Vanguard Int-Term Corporate | 0.08% | 18,194 | $1.5M | Add +64.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.07% | 5,049 | $1.4M | Add +1.5% |
| CAT Caterpillar Inc. | 0.07% | 3,635 | $1.4M | Reduce -0.7% |
| SCHD Schwab US DVD Equity ETF | 0.07% | 50,600 | $1.3M | Add +12.3% |
| SCHP Schwab U.S. Tips ETF | 0.07% | 48,625 | $1.3M | Add +7.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.06% | 5,229 | $1.2M | Add +1.3% |
| COST Costco Wholesale Corp. | 0.06% | 1,215 | $1.2M | Reduce -0.8% |
| FLRN SS SPDR BB Ig Float RT ETF | 0.06% | 38,325 | $1.2M | New |
| SCHF Schwab Intl Equity ETF | 0.06% | 53,118 | $1.2M | Add +2.8% |
| VOO Vanguard S&P 500 ETF | 0.06% | 2,034 | $1.2M | Add +0.5% |
| AVGO Broadcom Inc. | 0.06% | 4,110 | $1.1M | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.06% | 16,070 | $1.1M | No change |
| VIGI Vanguard Int Div App Indx FD | 0.05% | 11,099 | $1.0M | No change |
| CIBR First Trust Nasdaq Cybersecu | 0.05% | 13,100 | $990K | No change |
| VGT Vanguard Info Tech ETF | 0.05% | 1,483 | $984K | No change |
| NVDA Nvidia Corp. | 0.05% | 6,118 | $967K | Reduce -7.9% |
| ILCG iShares Morningstar Growth E | 0.05% | 9,093 | $881K | No change |
| BWX SS SPDR BB Intl Treasury BD | 0.05% | 37,341 | $877K | Add +3.2% |
| ABBV Abbvie Inc. | 0.04% | 4,480 | $832K | Reduce -1.2% |
| SUSB iShares ESG Aware 1-5 Year U | 0.04% | 32,600 | $821K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| UPS United Parcel Service Class B | Reduce -85.3% | 0.29% | −1.91 |
| WMG Warner Music Group Corp. Class A | Reduce -20.4% | 2.14% | −1.03 |
| OKE Oneok Inc. | Reduce -70.7% | 0.27% | −0.87 |
| AAPL Apple Inc. | Reduce -45.1% | 0.82% | −0.84 |
| COLD Americold Realty Trust Inc. | Reduce -53.7% | 0.43% | −0.79 |
| EBAY eBay Inc. | Reduce -62.7% | 0.47% | −0.71 |
| CQP Cheniere Energy Partners LP | Reduce -32.6% | 0.77% | −0.61 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.9% | 4.45% | −0.60 |
| SBAC SBA Communications Corp. | Reduce -51.8% | 0.33% | −0.33 |
| JNJ Johnson & Johnson | Reduce -6.2% | 1.44% | −0.27 |
| EXPE Expedia Group Inc. | Reduce -14.5% | 1.33% | −0.26 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -67.1% | 0.11% | −0.24 |
| ADBE Adobe Inc. | Reduce -8.2% | 2.11% | −0.22 |
| PDBC Invesco Optimum Yield Divers | Reduce -41.5% | 0.18% | −0.15 |
| TFX Teleflex Inc. | Reduce -55.6% | 0.08% | −0.13 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.12 |
| FLOT iShares Floating Rate Bond E | Reduce -29.7% | 0.25% | −0.11 |
| COR Cencora Inc. | Sold out | 0.00% | −0.11 |
| EMLP First Trust North American E | Reduce -17.4% | 0.44% | −0.11 |
| SYY Sysco Corp. | Reduce -8.3% | 0.47% | −0.05 |
| AGG iShares Core U.S. Aggregate | Reduce -1.0% | 1.49% | −0.05 |
| NYF iShares New York Muni Bond E | Sold out | 0.00% | −0.04 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -10.3% | 0.24% | −0.03 |
| CCI Crown Castle Inc. | Reduce -0.3% | 0.70% | −0.03 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.03 |
| AMT American Tower Corp. | Reduce -0.2% | 2.44% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -1.3% | 0.19% | −0.02 |
| VNQ Vanguard Real Estate ETF | Reduce -0.9% | 0.34% | −0.02 |
| BND Vanguard Total Bond Market | Reduce -0.8% | 0.46% | −0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -0.2% | 0.71% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -15.2% | 0.01% | −0.01 |
| VWOB Vanguard Emerg MKTS Gov BND | Reduce -1.4% | 0.56% | −0.01 |
| MBI Mbia Inc. | Reduce -47.0% | 0.01% | −0.01 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -1.4% | 0.41% | −0.01 |
| SUB iShares Short-Term National | Reduce -2.4% | 0.22% | −0.01 |
| ABBV Abbvie Inc. | Reduce -1.2% | 0.04% | −0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -0.0% | 0.37% | −0.01 |
| SCHH Schwab US REIT ETF | Reduce -0.5% | 0.12% | −0.01 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -1.3% | 0.20% | −0.00 |
| LLY Eli Lilly & Co. | Reduce -19.7% | 0.01% | −0.00 |
| INTC Intel Corp. | Reduce -9.9% | 0.03% | −0.00 |
| MRK Merck & Co. Inc. | Reduce -13.4% | 0.01% | −0.00 |
| TSLA Tesla Inc. | Reduce -28.7% | 0.01% | −0.00 |
| SPBO SS SPDR P Corp. Bond ETF | Reduce -11.1% | 0.01% | −0.00 |
| GRNB Vaneck Green Bond ETF | Reduce -6.1% | 0.02% | −0.00 |
| NUHY Nuveen ESG Hi YLD Corp. BND | Reduce -5.8% | 0.01% | −0.00 |
| ESML iShares ESG Aware MSCI USA S | Reduce -8.2% | 0.01% | −0.00 |
| ABT Abbott Laboratories | Reduce -1.0% | 0.03% | −0.00 |
| VIG Vanguard Dividend Apprec ETF | Reduce -3.6% | 0.04% | −0.00 |
| MA Mastercard Inc. Class A | Reduce -0.1% | 0.29% | 0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| FOUR SHIFT4 Payments Inc. Class A | New | 2.50% | +2.50 |
| AMZN Amazon.com Inc. | Add +46.5% | 3.46% | +1.36 |
| VRRM Verra Mobility Corp. | Add +7.1% | 3.33% | +0.51 |
| VEA Vanguard Ftse Developed ETF | Add +39.5% | 1.37% | +0.47 |
| LH Labcorp Holdings Inc. | Add +4.1% | 3.19% | +0.41 |
| MUB iShares National Muni Bond E | Add +373.8% | 0.30% | +0.24 |
| COMT iShares Gsci Commodity Dynam | Add +100.8% | 0.22% | +0.11 |
| BUD Anheuser-Busch Inbev-SPN ADR | Add +6.7% | 0.66% | +0.09 |
| VWO Vanguard Ftse Emerging Marke | Add +6.8% | 0.66% | +0.08 |
| FLRN SS SPDR BB Ig Float RT ETF | New | 0.06% | +0.06 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.0% | 0.68% | +0.06 |
| VTIP Vanguard Short-Term Tips | Add +28.8% | 0.26% | +0.06 |
| CRM Salesforce Inc. | Add +2.6% | 2.42% | +0.04 |
| IGOV iShares International Treasu | Add +43.6% | 0.12% | +0.04 |
| CALI Ishrs SH-TRM Ca Muni Act ETF | New | 0.04% | +0.04 |
| VNQI Vanguard GLBL Ex-US Real Est | Add +0.5% | 0.37% | +0.04 |
| VCIT Vanguard Int-Term Corporate | Add +64.0% | 0.08% | +0.03 |
| STIP iShares 0-5 Year Tips Bond E | Add +22.6% | 0.17% | +0.03 |
| IEMG iShares Core MSCI Emerging | Add +0.7% | 0.30% | +0.03 |
| LINE Lineage Inc. | Add +40.4% | 1.37% | +0.02 |
| JMST JPM Ultra-Short Muni Income | Add +14.2% | 0.22% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +1.2% | 0.26% | +0.02 |
| GLD SPDR Gold Shares | Add +2.2% | 0.38% | +0.02 |
| IAU iShares Gold Trust | Add +0.3% | 0.50% | +0.02 |
| TIP iShares Tips Bond ETF | Add +8.3% | 0.34% | +0.02 |
| NFLX Netflix Inc. | New | 0.01% | +0.01 |
| TROW T Rowe Price Group Inc. | New | 0.01% | +0.01 |
| PANW Palo Alto Networks Inc. | New | 0.01% | +0.01 |
| IWR iShares Russell Mid-Cap ETF | New | 0.01% | +0.01 |
| ETN Eaton Corp. PLC | New | 0.01% | +0.01 |
| WAB Wabtec Corp. | New | 0.01% | +0.01 |
| TRP TC Energy Corp. | New | 0.01% | +0.01 |
| JNK SS SPDR BB High Yield Bond | New | 0.01% | +0.01 |
| HAUZ Xtrackers Intl Real Estate | Add +0.4% | 0.10% | +0.01 |
| SCHF Schwab Intl Equity ETF | Add +2.8% | 0.06% | +0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +1.5% | 0.07% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +0.5% | 0.06% | +0.00 |
| EMB iShares JP Morgan Usd Emergi | Add +1.5% | 0.30% | +0.00 |
| BWX SS SPDR BB Intl Treasury BD | Add +3.2% | 0.05% | +0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +1.3% | 0.06% | +0.00 |
| SCHD Schwab US DVD Equity ETF | Add +12.3% | 0.07% | +0.00 |
| SCHP Schwab U.S. Tips ETF | Add +7.0% | 0.07% | +0.00 |
| VSGX Vanguard ESG Intl Stock ETF | Add +2.3% | 0.02% | +0.00 |
| CMF iShares California Muni Bond | Add +4.8% | 0.09% | +0.00 |
| TFLO iShares Treasury Floating Ra | Add +2.6% | 0.03% | 0.00 |
| JPST JPMorgan Ultra-Short Income | Add +2.1% | 1.86% | −0.00 |
| SPSB SS SPDR P St C Corp. ETF | Add +0.7% | 0.47% | −0.01 |
| KMX Carmax Inc. | Add +3.7% | 1.07% | −0.16 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 205 | $1.9B | GOOG, LNG, LPLA, TKO, BRK.B |
| Q1 2026 | 190 | $1.8B | LNG, GOOG, LPLA, TKO, BRK.B |
| Q4 2025 | 174 | $1.9B | GOOG, LPLA, LNG, TKO, BX |
| Q3 2025 | 176 | $2.0B | LPLA, LNG, GOOG, BX, TKO |
| Q2 2025 | 166 | $1.9B | LPLA, LNG, GOOG, BX, TKO |
| Q1 2025 | 159 | $1.9B | LPLA, LNG, BRK.B, BX, GOOG |
| Q4 2024 | 162 | $1.9B | LPLA, LNG, BX, GOOG, BRK.B |
| Q3 2024 | 153 | $1.8B | LPLA, BX, LNG, GOOG, BRK.B |
| Q2 2024 | 147 | $1.8B | LPLA, GOOG, LNG, BX, BRK.B |
| Q1 2024 | 152 | $1.8B | LPLA, LNG, BX, GOOG, BRK.B |