Fairview Capital Investment Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Fairview Capital Investment Management, LLC reported 176 stock positions worth $2.0 billion. Its top holding was LPL Financial (LPLA) at 7.4% of the portfolio, followed by Cheniere Energy (LNG, 6.9%) and Alphabet Class C (GOOG, 6.7%). Compared with Q2 2025, it opened 12 new positions, sold out of 2, added to 29 and reduced 83. The biggest buy was a new position in CRH (CRH) and the biggest sale LPL Financial (LPLA, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- Greenbrae, CA
- CIK
- 0001056549
- Portfolio Value
- $2.0B (Q3 2025)
- SEC Filing
- 0000935836-25-000672 ↗ filed Nov 14, 2025
Holdings Value
Holdings 176 stocks · $2.0B
| LPLA LPL Financial Holdings Inc. | 7.39% | 437,905 | $145.7M | Reduce -1.6% |
| LNG Cheniere Energy Inc. | 6.87% | 576,101 | $135.4M | Reduce -1.9% |
| GOOG Alphabet Inc. Class C | 6.72% | 543,860 | $132.5M | Reduce -2.4% |
| BX Blackstone Inc. | 5.14% | 592,525 | $101.2M | Reduce -8.0% |
| TKO Tko Group Holdings Inc. | 5.00% | 487,423 | $98.4M | Reduce -2.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.40% | 172,346 | $86.6M | Reduce -2.6% |
| MSFT Microsoft Corp. | 4.25% | 161,749 | $83.8M | Reduce -1.6% |
| FWONK Liberty Media Corp. Class C | 3.78% | 713,278 | $74.5M | Reduce -4.5% |
| AMZN Amazon.com Inc. | 3.42% | 307,160 | $67.4M | Add +0.7% |
| LH Labcorp Holdings Inc. | 3.39% | 232,954 | $66.9M | Reduce -0.8% |
| VRRM Verra Mobility Corp. | 3.14% | 2,501,368 | $61.8M | Reduce -1.3% |
| WMT Walmart Inc. | 2.96% | 566,495 | $58.4M | Reduce -5.3% |
| WMG Warner Music Group Corp. Class A | 2.57% | 1,485,104 | $50.6M | Reduce -2.2% |
| FOUR SHIFT4 Payments Inc. Class A | 2.26% | 576,295 | $44.6M | Add +18.2% |
| CRM Salesforce Inc. | 2.09% | 173,426 | $41.1M | Add +1.0% |
| AMT American Tower Corp. | 2.04% | 208,849 | $40.2M | Reduce -1.9% |
| ADBE Adobe Inc. | 1.95% | 108,636 | $38.3M | Add +3.1% |
| JPST JPMorgan Ultra-Short Income | 1.88% | 731,938 | $37.1M | Add +3.4% |
| JNJ Johnson & Johnson | 1.68% | 178,424 | $33.1M | Reduce -2.4% |
| EXPE Expedia Group Inc. | 1.62% | 149,548 | $32.0M | Reduce -2.2% |
| VEA Vanguard Ftse Developed ETF | 1.52% | 499,325 | $29.9M | Add +7.2% |
| AGG iShares Core U.S. Aggregate | 1.44% | 283,768 | $28.4M | Reduce -2.4% |
| CTAS Cintas Corp. | 1.37% | 131,601 | $27.0M | Reduce -0.8% |
| LINE Lineage Inc. | 1.20% | 613,313 | $23.7M | Add +1.1% |
| CRH CRH PLC | 1.08% | 178,127 | $21.4M | New |
| AAPL Apple Inc. | 0.97% | 74,790 | $19.0M | Reduce -3.6% |
| VWO Vanguard Ftse Emerging Marke | 0.75% | 272,105 | $14.7M | Add +4.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.73% | 43,699 | $14.3M | Add +0.4% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.72% | 176,841 | $14.1M | Add +1.8% |
| CQP Cheniere Energy Partners LP | 0.70% | 257,865 | $13.9M | Reduce -2.4% |
| CCI Crown Castle Inc. | 0.63% | 129,408 | $12.5M | Reduce -1.8% |
| IAU iShares Gold Trust | 0.57% | 153,084 | $11.1M | Reduce -0.4% |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.56% | 184,162 | $11.0M | Reduce -1.2% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.55% | 162,202 | $10.9M | Reduce -2.9% |
| EBAY eBay Inc. | 0.49% | 106,916 | $9.7M | Reduce -13.2% |
| SYY Sysco Corp. | 0.48% | 114,844 | $9.5M | Reduce -4.2% |
| AMAT Applied Materials Inc. | 0.48% | 45,743 | $9.4M | New |
| SPSB SS SPDR P St C Corp. ETF | 0.47% | 303,569 | $9.2M | Add +0.7% |
| BND Vanguard Total Bond Market | 0.43% | 114,598 | $8.5M | Reduce -4.6% |
| EMLP First Trust North American E | 0.42% | 218,691 | $8.4M | Reduce -4.4% |
| GLD SPDR Gold Shares | 0.42% | 23,252 | $8.3M | Reduce -4.0% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.39% | 178,027 | $7.7M | Reduce -4.0% |
| VNQI Vanguard GLBL Ex-US Real Est | 0.37% | 150,871 | $7.2M | Reduce -1.8% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.36% | 132,457 | $7.0M | Reduce -1.2% |
| VNQ Vanguard Real Estate ETF | 0.35% | 74,764 | $6.8M | Add +1.4% |
| TIP iShares Tips Bond ETF | 0.33% | 59,189 | $6.6M | Reduce -1.4% |
| IEMG iShares Core MSCI Emerging | 0.32% | 96,909 | $6.4M | Add +1.9% |
| MUB iShares National Muni Bond E | 0.31% | 56,550 | $6.0M | Add +1.6% |
| ICSH iShares Ultra Short Duration | 0.30% | 116,788 | $5.9M | No change |
| EMB iShares JP Morgan Usd Emergi | 0.30% | 61,515 | $5.9M | Reduce -1.3% |
| VTIP Vanguard Short-Term Tips | 0.29% | 112,609 | $5.7M | Add +10.7% |
| KMX Carmax Inc. | 0.28% | 123,887 | $5.6M | Reduce -59.6% |
| MA Mastercard Inc. Class A | 0.28% | 9,666 | $5.5M | Reduce -4.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.27% | 60,496 | $5.3M | Reduce -0.8% |
| SBAC SBA Communications Corp. | 0.26% | 26,311 | $5.1M | Reduce -2.6% |
| COMT iShares Gsci Commodity Dynam | 0.25% | 185,672 | $5.0M | Add +10.5% |
| ITOT iShares Core S&P Total U.S. | 0.25% | 33,740 | $4.9M | Reduce -0.9% |
| FLOT iShares Floating Rate Bond E | 0.24% | 91,990 | $4.7M | Reduce -3.1% |
| GOOGL Alphabet Inc. Class A | 0.23% | 18,957 | $4.6M | Reduce -7.1% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.23% | 39,780 | $4.4M | Reduce -6.3% |
| LAMR Lamar Advertising Co. Class A | 0.22% | 34,785 | $4.3M | No change |
| SUB iShares Short-Term National | 0.22% | 39,850 | $4.3M | Reduce -2.5% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.21% | 82,000 | $4.2M | Reduce -0.2% |
| SLQD iShares 0-5 YR Inv GRD Corp. | 0.21% | 81,126 | $4.1M | Add +1.1% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.19% | 142,969 | $3.7M | Reduce -5.1% |
| STIP iShares 0-5 Year Tips Bond E | 0.18% | 33,856 | $3.5M | Add +3.1% |
| PG The Procter & Gamble Co. | 0.18% | 22,603 | $3.5M | Reduce -0.4% |
| UPS United Parcel Service Class B | 0.17% | 38,994 | $3.3M | Reduce -30.1% |
| CVX Chevron Corp. | 0.16% | 20,475 | $3.2M | No change |
| PDBC Invesco Optimum Yield Divers | 0.15% | 215,580 | $2.9M | Reduce -18.8% |
| COR Cencora Inc. | 0.12% | 7,695 | $2.4M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.12% | 3,540 | $2.4M | No change |
| IGOV iShares International Treasu | 0.12% | 53,985 | $2.3M | Add +2.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.11% | 3,570 | $2.1M | New |
| NTRS Northern Trust Corp. | 0.11% | 15,569 | $2.1M | Reduce -23.8% |
| HAUZ Xtrackers Intl Real Estate | 0.11% | 88,025 | $2.1M | Reduce -0.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.10% | 39,725 | $2.0M | Reduce -9.7% |
| SCHH Schwab US REIT ETF | 0.10% | 89,565 | $1.9M | Reduce -16.1% |
| JPM JPMorgan Chase & Co. | 0.09% | 5,814 | $1.8M | No change |
| CAT Caterpillar Inc. | 0.09% | 3,635 | $1.7M | No change |
| CMF iShares California Muni Bond | 0.09% | 30,270 | $1.7M | Reduce -1.4% |
| XOM Exxon Mobil Corp. | 0.08% | 14,442 | $1.6M | Reduce -3.4% |
| VCIT Vanguard Int-Term Corporate | 0.08% | 19,244 | $1.6M | Add +5.8% |
| OKE Oneok Inc. | 0.08% | 21,292 | $1.6M | Reduce -66.3% |
| SCHD Schwab US DVD Equity ETF | 0.08% | 55,110 | $1.5M | Add +8.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.08% | 5,049 | $1.5M | No change |
| COLD Americold Realty Trust Inc. | 0.07% | 116,077 | $1.4M | Reduce -76.7% |
| TFX Teleflex Inc. | 0.07% | 11,128 | $1.4M | Reduce -14.4% |
| AVGO Broadcom Inc. | 0.07% | 4,105 | $1.4M | Reduce -0.1% |
| VOO Vanguard S&P 500 ETF | 0.07% | 2,185 | $1.3M | Add +7.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.07% | 5,229 | $1.3M | No change |
| SCHF Schwab Intl Equity ETF | 0.06% | 53,082 | $1.2M | Reduce -0.1% |
| SCHP Schwab U.S. Tips ETF | 0.06% | 45,325 | $1.2M | Reduce -6.8% |
| FLRN SS SPDR BB Ig Float RT ETF | 0.06% | 38,325 | $1.2M | No change |
| NVDA Nvidia Corp. | 0.06% | 6,283 | $1.2M | Add +2.7% |
| COST Costco Wholesale Corp. | 0.06% | 1,209 | $1.1M | Reduce -0.5% |
| VGT Vanguard Info Tech ETF | 0.06% | 1,477 | $1.1M | Reduce -0.4% |
| ABBV Abbvie Inc. | 0.06% | 4,695 | $1.1M | Add +4.8% |
| CIBR First Trust Nasdaq Cybersecu | 0.05% | 13,100 | $996K | No change |
| VIGI Vanguard Int Div App Indx FD | 0.05% | 11,099 | $994K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| LPLA LPL Financial Holdings Inc. | Reduce -1.6% | 7.39% | −1.24 |
| KMX Carmax Inc. | Reduce -59.6% | 0.28% | −0.78 |
| LNG Cheniere Energy Inc. | Reduce -1.9% | 6.87% | −0.53 |
| AMT American Tower Corp. | Reduce -1.9% | 2.04% | −0.40 |
| COLD Americold Realty Trust Inc. | Reduce -76.7% | 0.07% | −0.36 |
| FWONK Liberty Media Corp. Class C | Reduce -4.5% | 3.78% | −0.26 |
| VRRM Verra Mobility Corp. | Reduce -1.3% | 3.14% | −0.19 |
| OKE Oneok Inc. | Reduce -66.3% | 0.08% | −0.19 |
| CTAS Cintas Corp. | Reduce -0.8% | 1.37% | −0.16 |
| UPS United Parcel Service Class B | Reduce -30.1% | 0.17% | −0.13 |
| BUD Anheuser-Busch Inbev-SPN ADR | Reduce -1.2% | 0.56% | −0.11 |
| SBAC SBA Communications Corp. | Reduce -2.6% | 0.26% | −0.07 |
| CCI Crown Castle Inc. | Reduce -1.8% | 0.63% | −0.07 |
| WMT Walmart Inc. | Reduce -5.3% | 2.96% | −0.06 |
| CQP Cheniere Energy Partners LP | Reduce -2.4% | 0.70% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.6% | 4.40% | −0.05 |
| AGG iShares Core U.S. Aggregate | Reduce -2.4% | 1.44% | −0.05 |
| PDBC Invesco Optimum Yield Divers | Reduce -18.8% | 0.15% | −0.03 |
| NTRS Northern Trust Corp. | Reduce -23.8% | 0.11% | −0.03 |
| BND Vanguard Total Bond Market | Reduce -4.6% | 0.43% | −0.03 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -4.0% | 0.39% | −0.02 |
| EMLP First Trust North American E | Reduce -4.4% | 0.42% | −0.02 |
| SCHH Schwab US REIT ETF | Reduce -16.1% | 0.10% | −0.02 |
| DVY iShares Select Dividend ETF | Sold out | 0.00% | −0.02 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -6.3% | 0.23% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -4.1% | 0.28% | −0.01 |
| VWOB Vanguard Emerg MKTS Gov BND | Reduce -2.9% | 0.55% | −0.01 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -5.1% | 0.19% | −0.01 |
| FLOT iShares Floating Rate Bond E | Reduce -3.1% | 0.24% | −0.01 |
| IWR iShares Russell Mid-Cap ETF | Sold out | 0.00% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -0.4% | 0.18% | −0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -9.7% | 0.10% | −0.01 |
| TFX Teleflex Inc. | Reduce -14.4% | 0.07% | −0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -1.2% | 0.36% | −0.01 |
| SUB iShares Short-Term National | Reduce -2.5% | 0.22% | −0.01 |
| TIP iShares Tips Bond ETF | Reduce -1.4% | 0.33% | −0.01 |
| VGIT Vanguard Intermediate-Term T | Reduce -18.0% | 0.02% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -0.5% | 0.06% | −0.01 |
| SCHP Schwab U.S. Tips ETF | Reduce -6.8% | 0.06% | −0.01 |
| JMST JPM Ultra-Short Muni Income | Reduce -0.2% | 0.21% | −0.00 |
| BWX SS SPDR BB Intl Treasury BD | Reduce -5.4% | 0.04% | −0.00 |
| TFLO iShares Treasury Floating Ra | Reduce -8.4% | 0.03% | −0.00 |
| V Visa Inc. Class A | Reduce -0.4% | 0.04% | −0.00 |
| CMCSA Comcast Corp. Class A | Reduce -0.1% | 0.01% | −0.00 |
| EMB iShares JP Morgan Usd Emergi | Reduce -1.3% | 0.30% | −0.00 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -1.8% | 0.37% | −0.00 |
| SPBO SS SPDR P Corp. Bond ETF | Reduce -9.9% | 0.01% | −0.00 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -8.2% | 0.01% | −0.00 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -4.2% | 0.02% | −0.00 |
| APO Apollo Global Management Inc. | Reduce -1.4% | 0.01% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| CRH CRH PLC | New | 1.08% | +1.08 |
| AMAT Applied Materials Inc. | New | 0.48% | +0.48 |
| VEA Vanguard Ftse Developed ETF | Add +7.2% | 1.52% | +0.14 |
| COR Cencora Inc. | New | 0.12% | +0.12 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.11% | +0.11 |
| VWO Vanguard Ftse Emerging Marke | Add +4.9% | 0.75% | +0.08 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.4% | 0.73% | +0.04 |
| IEMG iShares Core MSCI Emerging | Add +1.9% | 0.32% | +0.03 |
| COMT iShares Gsci Commodity Dynam | Add +10.5% | 0.25% | +0.03 |
| JPST JPMorgan Ultra-Short Income | Add +3.4% | 1.88% | +0.03 |
| VTIP Vanguard Short-Term Tips | Add +10.7% | 0.29% | +0.02 |
| PEP Pepsico Inc. | New | 0.02% | +0.02 |
| IJH iShares Core S&P Midcap ETF | New | 0.01% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +38.8% | 0.04% | +0.01 |
| ABBV Abbvie Inc. | Add +4.8% | 0.06% | +0.01 |
| IBIT iShares Bitcoin Trust ETF | Add +29.8% | 0.04% | +0.01 |
| GE General Electric | New | 0.01% | +0.01 |
| FCX Freeport-McMoran Inc. | New | 0.01% | +0.01 |
| KO The Coca-Cola Co. | New | 0.01% | +0.01 |
| SPMD SS SPDR P S&P 400 Midcap ETF | New | 0.01% | +0.01 |
| ESGE iShares Inc. iShares ESG Awar | New | 0.01% | +0.01 |
| ROK Rockwell Automation Inc. | New | 0.01% | +0.01 |
| NVDA Nvidia Corp. | Add +2.7% | 0.06% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +7.4% | 0.07% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +1.4% | 0.35% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +8.9% | 0.08% | +0.01 |
| MUB iShares National Muni Bond E | Add +1.6% | 0.31% | +0.00 |
| VCIT Vanguard Int-Term Corporate | Add +5.8% | 0.08% | +0.00 |
| BLK BlackRock Inc. | Add +13.5% | 0.02% | +0.00 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +1.8% | 0.72% | +0.00 |
| STIP iShares 0-5 Year Tips Bond E | Add +3.1% | 0.18% | +0.00 |
| ETN Eaton Corp. PLC | Add +12.6% | 0.01% | +0.00 |
| SLQD iShares 0-5 YR Inv GRD Corp. | Add +1.1% | 0.21% | −0.00 |
| NFLX Netflix Inc. | Add +4.9% | 0.01% | −0.00 |
| IGOV iShares International Treasu | Add +2.0% | 0.12% | −0.00 |
| SPSB SS SPDR P St C Corp. ETF | Add +0.7% | 0.47% | −0.00 |
| AMZN Amazon.com Inc. | Add +0.7% | 3.42% | −0.04 |
| LINE Lineage Inc. | Add +1.1% | 1.20% | −0.16 |
| ADBE Adobe Inc. | Add +3.1% | 1.95% | −0.17 |
| FOUR SHIFT4 Payments Inc. Class A | Add +18.2% | 2.26% | −0.24 |
| CRM Salesforce Inc. | Add +1.0% | 2.09% | −0.34 |
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 |