General Partner, Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 6, 2026), General Partner, Inc. reported 169 stock positions worth $176.4 million. Its top holding was Berkshire Hathaway Class A (BRK.A) at 14.1% of the portfolio, followed by Apple (AAPL, 9.4%) and Alphabet Class C (GOOG, 6.2%). Compared with Q3 2025, it opened 3 new positions, sold out of 4, added to 5 and reduced 15. The biggest buy was Bank of America (BAC, shares +45%) and the biggest sale iShares Ultra Short Duration (ICSH, shares −50%).

Most Recent 13F
Q2 2026
Location
PITTSBURGH, PA
CIK
0001800508
Portfolio Value
$176.4M (Q4 2025)
SEC Filing
0001800508-26-000001 ↗ filed Jan 6, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $159.2M Q1 2024 Q2 2024: $156.5M Q2 2024 Q3 2024: $161.0M Q3 2024 Q4 2024: $166.0M Q4 2024 Q1 2025: $153.5M Q1 2025 Q2 2025: $170.7M Q2 2025 Q3 2025: $181.6M Q3 2025 Q4 2025: $176.4M $176.4M Q4 2025 Q1 2026: $164.2M Q1 2026 Q2 2026: $185.9M Q2 2026

Holdings 169 stocks · $176.4M
BRK.A Berkshire Hathaway Inc. Class A 14.12% 33 $24.9M No change
AAPL Apple Inc. 9.35% 60,680 $16.5M Reduce -5.3%
GOOG Alphabet Inc. Class C 6.24% 35,079 $11.0M Reduce -4.4%
MSFT Microsoft Corp. 5.61% 20,451 $9.9M Reduce -2.9%
VBR Vngrd Mrngst SL-CP Val ETF-U 3.54% 29,451 $6.2M Add +0.3%
MA Mastercard Inc. Class A 2.78% 8,603 $4.9M Reduce -2.3%
ICSH iShares Ultra Short Duration 2.47% 86,175 $4.4M Reduce -50.1%
BRK.B Berkshire Hathaway Inc. Class B 2.30% 8,057 $4.0M Reduce -3.6%
VB Vanguard Most SM-Cap ETF-Usd 1.98% 13,534 $3.5M Reduce -0.2%
VEA Vanguard Ftse Developed ETF 1.97% 55,579 $3.5M No change
AMZN Amazon.com Inc. 1.88% 14,335 $3.3M No change
IJH iShares Core S&P Midcap ETF 1.81% 48,296 $3.2M No change
IWF iShares Russell 1000 Growth 1.80% 6,696 $3.2M No change
HD Home Depot Inc. 1.70% 8,737 $3.0M Reduce -5.4%
SPY SS SPDR S&P 500 ETF Trust-US 1.58% 4,088 $2.8M No change
IUSV iShares Core S&P U.S. Value 1.49% 25,634 $2.6M No change
NEE Nextera Energy Inc. 1.44% 31,598 $2.5M Reduce -6.0%
JPM JPMorgan Chase & Co. 1.40% 7,672 $2.5M No change
GOOGL Alphabet Inc. Class A 1.37% 7,745 $2.4M Reduce -11.4%
META Meta Platforms Inc. Class A 1.33% 3,558 $2.3M No change
JNJ Johnson & Johnson 1.30% 11,118 $2.3M No change
AVGO Broadcom Inc. 1.30% 6,630 $2.3M No change
WMT Walmart Inc. 1.27% 20,030 $2.2M No change
VWO Vanguard Ftse Emerging Marke 1.13% 36,998 $2.0M No change
TSM Taiwan Semiconductor-SP ADR 1.12% 6,472 $2.0M No change
NVDA Nvidia Corp. 1.02% 9,650 $1.8M No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 1.02% 5,700 $1.8M No change
IJR iShares Core S&P Small-Cap E 0.96% 14,115 $1.7M No change
MCO Moody's Corp. 0.95% 3,295 $1.7M No change
GBDC Golub Capital BDC Inc. 0.95% 123,041 $1.7M No change
UNP Union Pacific Corp. 0.95% 7,207 $1.7M No change
V Visa Inc. Class A 0.94% 4,734 $1.7M No change
COST Costco Wholesale Corp. 0.93% 1,892 $1.6M No change
XOM Exxon Mobil Corp. 0.86% 12,578 $1.5M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.70% 8,094 $1.2M No change
VNQ Vanguard Real Estate ETF 0.63% 12,632 $1.1M No change
MCD McDonald's Corp. 0.60% 3,439 $1.1M No change
FLJP Franklin Ftse Japan ETF 0.59% 30,295 $1.0M No change
IWM iShares Russell 2000 ETF 0.58% 4,176 $1.0M No change
PM Philip Morris International 0.52% 5,768 $925K No change
MRK Merck & Co. Inc. 0.52% 8,686 $914K No change
PG The Procter & Gamble Co. 0.52% 6,377 $914K No change
MDY State Street SPDR S&P Midcap 0.51% 1,484 $895K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.49% 15,866 $873K Add +45.1%
ABT Abbott Laboratories 0.46% 6,455 $809K No change
RTX RTX Corp. 0.46% 4,405 $808K No change
PEP Pepsico Inc. 0.45% 5,568 $799K No change
FAST Fastenal Co. 0.44% 19,378 $778K No change
GS Goldman Sachs Group Inc. 0.42% 838 $737K No change
CVX Chevron Corp. 0.40% 4,610 $703K No change
LLY Eli Lilly & Co. 0.37% 610 $656K No change
SPHY SS SPDR P High Yield ETF 0.35% 26,000 $615K No change
MDT Medtronic PLC 0.34% 6,199 $595K No change
UBER Uber Technologies Inc. 0.33% 7,132 $583K No change
HON Honeywell International Inc. 0.32% 2,924 $570K No change
UNH Unitedhealth Group Inc. 0.27% 1,446 $477K No change
ABBV Abbvie Inc. 0.26% 2,044 $467K No change
GEW Cambria Global Ew ETF 0.25% 8,555 $440K No change
CAT Caterpillar Inc. 0.24% 752 $431K No change
INTC Intel Corp. 0.24% 11,616 $429K No change
ORCL Oracle Corp. 0.24% 2,190 $427K No change
LIN Linde PLC 0.24% 998 $426K No change
AMT American Tower Corp. 0.24% 2,391 $420K Add +172.6%
QCOM Qualcomm Inc. 0.24% 2,450 $419K No change
APD Air Products & Chemicals Inc. 0.23% 1,668 $412K No change
AMD Advanced Micro Devices 0.23% 1,906 $408K No change
LMT Lockheed Martin Corp. 0.22% 816 $395K No change
SBUX Starbucks Corp. 0.20% 4,218 $355K No change
KO The Coca-Cola Co. 0.20% 4,985 $349K No change
CARR Carrier Global Corp. 0.20% 6,583 $348K No change
AXP American Express Co. 0.20% 936 $346K No change
NKE Nike Inc. Class B 0.19% 5,281 $336K No change
LOW Lowe's Cos Inc. 0.18% 1,283 $309K No change
LRCX Lam Research Corp. 0.17% 1,740 $298K No change
ADBE Adobe Inc. 0.15% 778 $272K No change
EQT Eqt Corp. 0.15% 4,974 $267K No change
OTIS Otis Worldwide Corp. 0.15% 3,029 $265K No change
AMAT Applied Materials Inc. 0.15% 1,020 $262K No change
ASML ASML Holding NV-NY Reg SHS 0.15% 245 $262K No change
WMB Williams Cos Inc. 0.15% 4,264 $256K No change
BLK BlackRock Inc. 0.14% 237 $254K No change
VOO Vanguard S&P 500 ETF 0.14% 400 $251K No change
TRGP Targa Resources Corp. 0.14% 1,350 $249K No change
ACN Accenture PLC Class A 0.14% 922 $247K No change
VTEB Vanguard Tax-Exempt Bond ETF 0.14% 4,808 $242K Add +7.8%
TXN Texas Instruments Inc. 0.14% 1,387 $241K No change
GLD SPDR Gold Shares 0.13% 600 $238K No change
SPGI S&P Global Inc. 0.13% 443 $232K No change
ADP Automatic Data Processing 0.13% 859 $221K No change
COP Conocophillips 0.12% 2,232 $209K No change
MS Morgan Stanley 0.11% 1,107 $197K No change
MCK McKesson Corp. 0.11% 234 $192K No change
MNST Monster Beverage Corp. 0.11% 2,420 $186K No change
PSX Phillips 66 0.10% 1,303 $168K No change
VGSH Vanguard Short-Term Treasury 0.09% 2,700 $159K No change
SGOV iShares 0-3 Month Treasury B 0.08% 1,400 $141K No change
DHR Danaher Corp. 0.08% 600 $137K No change
TMO Thermo Fisher Scientific Inc. 0.08% 234 $136K No change
TGT Target Corp. 0.08% 1,382 $135K Reduce -42.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.08% 449 $133K No change

Show all 169 holdings

Portfolio Sells Q3 2025 → Q4 2025
ICSH iShares Ultra Short Duration Reduce -50.1% 2.47% −2.36
BND Vanguard Total Bond Market Sold out 0.00% −1.88
MSFT Microsoft Corp. Reduce -2.9% 5.61% −0.40
HD Home Depot Inc. Reduce -5.4% 1.70% −0.36
TGT Target Corp. Reduce -42.0% 0.08% −0.04
K Kellanova Sold out 0.00% −0.02
BRK.B Berkshire Hathaway Inc. Class B Reduce -3.6% 2.30% −0.02
SOLS Solstice Adv Materials Inc. Reduce -48.1% 0.01% −0.01
VICI Vici Properties Inc. Reduce -33.1% 0.01% −0.00
AVB Avalonbay Communities Inc. Sold out 0.00% −0.00
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.00
UL Unilever PLC-Sponsored ADR Reduce -0.3% 0.01% 0.00
UPS United Parcel Service Class B Reduce -5.6% 0.04% +0.01
MA Mastercard Inc. Class A Reduce -2.3% 2.78% +0.03
NEE Nextera Energy Inc. Reduce -6.0% 1.44% +0.04
VB Vanguard Most SM-Cap ETF-Usd Reduce -0.2% 1.98% +0.08
GOOGL Alphabet Inc. Class A Reduce -11.4% 1.37% +0.20
AAPL Apple Inc. Reduce -5.3% 9.35% +0.37
GOOG Alphabet Inc. Class C Reduce -4.4% 6.24% +1.32

Portfolio Buys Q3 2025 → Q4 2025
BAC Bank of America Corp. Add +45.1% 0.49% +0.18
VBR Vngrd Mrngst SL-CP Val ETF-U Add +0.3% 3.54% +0.16
AMT American Tower Corp. Add +172.6% 0.24% +0.15
VTEB Vanguard Tax-Exempt Bond ETF Add +7.8% 0.14% +0.01
IGIB iShares 5-10Y Inv Grade Corp. Add +17.3% 0.07% +0.01
FBND Fidelity Total Bond ETF New 0.01% +0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd New 0.00% +0.00
SFGYY Sony Financial Group Inc.-ADR New 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 167$185.9MBRK.A, AAPL, GOOG, VBR, ICSH
Q1 2026 165$164.2MBRK.A, AAPL, GOOG, VBR, MSFT
Q4 2025 169$176.4MBRK.A, AAPL, GOOG, MSFT, VBR
Q3 2025 169$181.6MBRK.A, AAPL, MSFT, GOOG, ICSH
Q2 2025 173$170.7MBRK.A, AAPL, MSFT, ICSH, GOOG
Q1 2025 175$153.5MBRK.A, AAPL, MSFT, GOOG, MA
Q4 2024 173$166.0MBRK.A, AAPL, MSFT, GOOG, MA
Q3 2024 160$161.0MBRK.A, AAPL, MSFT, GOOG, MA
Q2 2024 164$156.5MBRK.A, AAPL, MSFT, GOOG, MA
Q1 2024 171$159.2MBRK.A, AAPL, MSFT, GOOG, MA