Fogel Capital Management, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), Fogel Capital Management, Inc. reported 52 stock positions worth $187.5 million. Its top holding was Microsoft (MSFT) at 12.6% of the portfolio, followed by Alphabet Class A (GOOGL, 11.1%) and Berkshire Hathaway Class B (BRK.B, 7.8%). Compared with Q1 2025, it opened 9 new positions, added to 20 and reduced 14. The biggest buy was Broadcom (AVGO, shares +0%) and the biggest sale Bank of America (BAC, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- STUART, FL
- CIK
- 0002011427
- Portfolio Value
- $187.5M (Q2 2025)
- SEC Filing
- 0001415889-25-020537 ↗ filed Jul 30, 2025
Holdings Value
Holdings 52 stocks · $187.5M
| MSFT Microsoft Corp. | 12.63% | 47,598 | $23.7M | Reduce -33.5% |
| GOOGL Alphabet Inc. Class A | 11.08% | 117,863 | $20.8M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 7.79% | 30,079 | $14.6M | Add +0.8% |
| CB Chubb Ltd. | 7.52% | 48,685 | $14.1M | Reduce -0.9% |
| EPD Enterprise Products Partners | 5.88% | 355,340 | $11.0M | Add +1.8% |
| AVGO Broadcom Inc. | 5.31% | 36,157 | $10.0M | Add +0.2% |
| ET Energy Transfer LP | 4.27% | 441,619 | $8.0M | Add +3.2% |
| MELI MercadoLibre Inc. | 3.99% | 2,866 | $7.5M | Add +9.6% |
| KTOS Kratos Defense & Security | 3.51% | 141,755 | $6.6M | Reduce -2.5% |
| JNJ Johnson & Johnson | 3.00% | 36,780 | $5.6M | Reduce -1.6% |
| MCO Moody's Corp. | 2.96% | 11,075 | $5.6M | Add +3.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.96% | 8,972 | $5.5M | Add +0.1% |
| ESLT Elbit Systems Ltd. | 2.81% | 11,737 | $5.3M | Add +0.8% |
| COP Conocophillips | 2.81% | 58,773 | $5.3M | Reduce -3.5% |
| AAPL Apple Inc. | 2.19% | 20,060 | $4.1M | Reduce -0.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.14% | 14,316 | $4.0M | Add +0.8% |
| AMZN Amazon.com Inc. | 2.02% | 17,224 | $3.8M | Add +956.0% |
| TDY Teledyne Technologies Inc. | 2.00% | 7,322 | $3.8M | Add +5.3% |
| ACGL Arch Capital Group Ltd. | 1.73% | 35,634 | $3.2M | Add +18.8% |
| DE Deere & Co. | 1.62% | 5,965 | $3.0M | Add +1.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.55% | 4 | $2.9M | No change |
| EEM iShares MSCI Emerging Market | 1.08% | 41,925 | $2.0M | Reduce -0.1% |
| EQT Eqt Corp. | 0.90% | 28,925 | $1.7M | Add +102.3% |
| VST Vistra Corp. | 0.82% | 7,897 | $1.5M | Add +0.9% |
| NVDA Nvidia Corp. | 0.80% | 9,449 | $1.5M | Add +0.6% |
| CVX Chevron Corp. | 0.79% | 10,344 | $1.5M | Add +13.3% |
| PFF iShares Preferred & Income S | 0.68% | 41,450 | $1.3M | Reduce -12.8% |
| IWM iShares Russell 2000 ETF | 0.67% | 5,803 | $1.3M | New |
| BF.B Brown-Forman Corp. Class B | 0.56% | 39,000 | $1.0M | Reduce -1.5% |
| HON Honeywell International Inc. | 0.48% | 3,852 | $897K | Add +9.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.38% | 1,638 | $722K | No change |
| MRSH Marsh & McLennan Cos | 0.30% | 2,614 | $572K | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.26% | 10,230 | $484K | Reduce -96.8% |
| IVV iShares Core S&P 500 ETF | 0.23% | 705 | $438K | Add +1.1% |
| UNH Unitedhealth Group Inc. | 0.17% | 1,036 | $323K | Add +1.9% |
| XOM Exxon Mobil Corp. | 0.17% | 2,981 | $321K | Reduce -10.0% |
| DVY iShares Select Dividend ETF | 0.17% | 2,345 | $311K | Reduce -18.3% |
| PLTR Palantir Technologies Inc. Class A | 0.16% | 2,216 | $302K | New |
| ENB Enbridge Inc. | 0.16% | 6,547 | $297K | No change |
| ARKB ARK 21SHARES Bitcoin ETF | 0.15% | 7,950 | $285K | No change |
| META Meta Platforms Inc. Class A | 0.15% | 375 | $277K | No change |
| V Visa Inc. Class A | 0.15% | 769 | $273K | New |
| SPLV Invesco S&P 500 Low Volatili | 0.14% | 3,650 | $266K | New |
| GOOG Alphabet Inc. Class C | 0.13% | 1,422 | $252K | No change |
| TSLA Tesla Inc. | 0.13% | 780 | $248K | Reduce -11.4% |
| RSP Invesco S&P 500 Equal Weight | 0.13% | 1,319 | $240K | No change |
| VOO Vanguard S&P 500 ETF | 0.12% | 396 | $225K | New |
| IJH iShares Core S&P Midcap ETF | 0.12% | 3,480 | $216K | No change |
| IWF iShares Russell 1000 Growth | 0.11% | 505 | $214K | New |
| AXP American Express Co. | 0.11% | 631 | $201K | New |
| PRME Prime Medicine Inc. | 0.01% | 10,000 | $25K | New |
| ORIGIN MATERIALS INC | 0.00% | 19,200 | $9K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ORGNW Origin Materials -CW26 | *W EXP 06/25/202 | 55,000 | $1K | No change |
Total filed on the 13F, all lines: $187.5M.
Portfolio Sells Q1 2025 → Q2 2025
| BAC Bank of America Corp. | Reduce -96.8% | 0.26% | −6.86 |
| MSFT Microsoft Corp. | Reduce -33.5% | 12.63% | −1.83 |
| COP Conocophillips | Reduce -3.5% | 2.81% | −0.63 |
| CB Chubb Ltd. | Reduce -0.9% | 7.52% | −0.46 |
| JNJ Johnson & Johnson | Reduce -1.6% | 3.00% | −0.34 |
| AAPL Apple Inc. | Reduce -0.0% | 2.19% | −0.20 |
| BF.B Brown-Forman Corp. Class B | Reduce -1.5% | 0.56% | −0.16 |
| PFF iShares Preferred & Income S | Reduce -12.8% | 0.68% | −0.11 |
| DVY iShares Select Dividend ETF | Reduce -18.3% | 0.17% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -10.0% | 0.17% | −0.04 |
| TSLA Tesla Inc. | Reduce -11.4% | 0.13% | +0.01 |
| EEM iShares MSCI Emerging Market | Reduce -0.1% | 1.08% | +0.09 |
| KTOS Kratos Defense & Security | Reduce -2.5% | 3.51% | +1.19 |
| GOOGL Alphabet Inc. Class A | Reduce -0.5% | 11.08% | +1.23 |
Portfolio Buys Q1 2025 → Q2 2025
| AVGO Broadcom Inc. | Add +0.2% | 5.31% | +2.06 |
| AMZN Amazon.com Inc. | Add +956.0% | 2.02% | +1.85 |
| MELI MercadoLibre Inc. | Add +9.6% | 3.99% | +1.25 |
| IWM iShares Russell 2000 ETF | New | 0.67% | +0.67 |
| EQT Eqt Corp. | Add +102.3% | 0.90% | +0.49 |
| ESLT Elbit Systems Ltd. | Add +0.8% | 2.81% | +0.41 |
| VST Vistra Corp. | Add +0.9% | 0.82% | +0.32 |
| MRSH Marsh & McLennan Cos | New | 0.30% | +0.30 |
| MCO Moody's Corp. | Add +3.3% | 2.96% | +0.28 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.1% | 2.96% | +0.26 |
| NVDA Nvidia Corp. | Add +0.6% | 0.80% | +0.25 |
| ACGL Arch Capital Group Ltd. | Add +18.8% | 1.73% | +0.18 |
| PLTR Palantir Technologies Inc. Class A | New | 0.16% | +0.16 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.8% | 2.14% | +0.16 |
| V Visa Inc. Class A | New | 0.15% | +0.15 |
| SPLV Invesco S&P 500 Low Volatili | New | 0.14% | +0.14 |
| TDY Teledyne Technologies Inc. | Add +5.3% | 2.00% | +0.14 |
| DE Deere & Co. | Add +1.1% | 1.62% | +0.13 |
| VOO Vanguard S&P 500 ETF | New | 0.12% | +0.12 |
| IWF iShares Russell 1000 Growth | New | 0.11% | +0.11 |
| AXP American Express Co. | New | 0.11% | +0.11 |
| HON Honeywell International Inc. | Add +9.1% | 0.48% | +0.08 |
| IVV iShares Core S&P 500 ETF | Add +1.1% | 0.23% | +0.02 |
| PRME Prime Medicine Inc. | New | 0.01% | +0.01 |
| ET Energy Transfer LP | Add +3.2% | 4.27% | −0.01 |
| CVX Chevron Corp. | Add +13.3% | 0.79% | −0.03 |
| UNH Unitedhealth Group Inc. | Add +1.9% | 0.17% | −0.11 |
| EPD Enterprise Products Partners | Add +1.8% | 5.88% | −0.53 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.8% | 7.79% | −0.76 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 57 | $248.7M | GOOGL, MSFT, CB, BRK.B, EPD |
| Q1 2026 | 52 | $218.7M | GOOGL, MSFT, CB, EPD, BRK.B |
| Q4 2025 | 50 | $217.0M | GOOGL, MSFT, CB, BRK.B, AVGO |
| Q3 2025 | 54 | $216.1M | GOOGL, MSFT, BRK.B, CB, KTOS |
| Q2 2025 | 52 | $187.5M | MSFT, GOOGL, BRK.B, CB, EPD |
| Q1 2025 | 43 | $185.9M | MSFT, GOOGL, BRK.B, CB, BAC |
| Q4 2024 | 40 | $199.0M | MSFT, GOOGL, AVGO, BAC, BRK.B |
| Q3 2024 | 38 | $193.9M | MSFT, GOOGL, BRK.B, CB, BAC |
| Q2 2024 | 38 | $187.8M | MSFT, GOOGL, BAC, BRK.B, CB |
| Q1 2024 | 37 | $170.1M | MSFT, GOOGL, BRK.B, BAC, CB |