GoodHaven Capital Management, LLC In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 14, 2025), GoodHaven Capital Management, LLC reported 24 stock positions worth $291.0 million . Its top holding was Berkshire Hathaway Class B (BRK.B) at 22.4% of the portfolio, followed by Alphabet Class C (GOOG, 9.1% ) and Jefferies Financial (JEF, 8.1% ). Compared with Q4 2024, it sold out of 2, added to 5 and reduced 16. The biggest buy was Chubb (CB, shares +23% ) and the biggest sale Jefferies Financial (JEF, shares −2% ).
Location MILLBURN, NJ
CIK 0001542300
Portfolio Value $291.0M (Q1 2025) Holdings 24 stocks · $291.0M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 BRK.B Berkshire Hathaway Inc. Class B 122,419 $65.2M Reduce -3.0% GOOG Alphabet Inc. Class C 168,625 $26.3M Reduce -2.7% JEF Jefferies Financial Group Inc. 439,987 $23.6M Reduce -2.1% BLDR Builders Firstsource Inc. 167,720 $21.0M Reduce -2.8% BAC Bank of America Corp. filed as BANK AMERICA CORP 464,829 $19.4M Reduce -1.2% DVN Devon Energy Corp. 446,971 $16.7M Reduce -1.2% PGR Progressive Corp. 57,670 $16.3M Reduce -3.8% LEN.B Lennar Corp. Class B 133,682 $14.6M Add +25.3% KKR KKR & Co. Inc. 121,325 $14.0M Reduce -3.1% VTS Vitesse Energy Inc. 537,851 $13.2M Add +1.3% CB Chubb Ltd. 42,955 $13.0M Add +23.2% BN Brookfield Corp. 219,123 $11.5M Reduce -0.5% ARW Arrow Electronics Inc. 88,688 $9.2M Add +60.4% HESM Hess Midstream LP Class A 134,375 $5.7M Reduce -5.4% MKL Markel Group Inc. 2,898 $5.4M Reduce -3.6% CPT Camden Property Trust 39,075 $4.8M Reduce -1.9% ABG Asbury Automotive Group 19,555 $4.3M Add +63.0% GHLD Guild Holdings Co. Class A 161,524 $2.5M Reduce -2.8% JPM JPMorgan Chase & Co. 8,000 $2.0M No change GIC Global Industrial Co. 33,965 $761K Reduce -61.3% BAM Brookfield Asset Mgmt-A 14,909 $722K Reduce -5.2% LOAR Loar Holdings Inc. 10,000 $707K No change GOOGL Alphabet Inc. Class A 1,146 $177K No change BNT Brookfield Wealth Solutions 396 $21K Reduce -3.6%
Other holdings (1): bonds, preferreds, convertibles and warrants · $4.2M (not counted above) Security Class Shares / Principal Value Change OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 152,197 $4.2M Add +0.7%
Total filed on the 13F, all lines: $295.2M.
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ JEF Jefferies Financial Group Inc. Reduce -2.1% 8.10% −3.42 GOOG Alphabet Inc. Class C Reduce -2.7% 9.05% −1.73 ASO Academy Sports & Outdoors Inc. Sold out 0.00% −1.62 KKR KKR & Co. Inc. Reduce -3.1% 4.82% −1.24 BLDR Builders Firstsource Inc. Reduce -2.8% 7.20% −0.86 GIC Global Industrial Co. Reduce -61.3% 0.26% −0.45 BN Brookfield Corp. Reduce -0.5% 3.95% −0.19 GS Goldman Sachs Group Inc. Sold out 0.00% −0.10 BAC Bank of America Corp. Reduce -1.2% 6.67% −0.09 BAM Brookfield Asset Mgmt-A Reduce -5.2% 0.25% −0.03 BNT Brookfield Wealth Solutions Reduce -3.6% 0.01% −0.00 GHLD Guild Holdings Co. Class A Reduce -2.8% 0.85% +0.08 CPT Camden Property Trust Reduce -1.9% 1.64% +0.13 MKL Markel Group Inc. Reduce -3.6% 1.86% +0.17 HESM Hess Midstream LP Class A Reduce -5.4% 1.95% +0.23 DVN Devon Energy Corp. Reduce -1.2% 5.74% +0.90 PGR Progressive Corp. Reduce -3.8% 5.61% +0.91 BRK.B Berkshire Hathaway Inc. Class B Reduce -3.0% 22.40% +3.70
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ CB Chubb Ltd. Add +23.2% 4.46% +1.31 ARW Arrow Electronics Inc. Add +60.4% 3.16% +1.12 ABG Asbury Automotive Group Add +63.0% 1.48% +0.53 LEN.B Lennar Corp. Class B Add +25.3% 5.01% +0.40 VTS Vitesse Energy Inc. Add +1.3% 4.54% +0.21
Notes & Other Activity Q4 2024 → Q1 2025 Security Class Change vs Q4 2024 Shares / Principal Value ▼ OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 Add +0.7% 152,197 $4.2M
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 23 $312.7M BRK.B, GOOG, BAC, JEF, BLDR Q1 2026 23 $279.6M BRK.B, GOOG, DVN, BAC, JEF Q4 2025 24 $305.8M BRK.B, GOOG, JEF, BAC, BLDR Q3 2025 25 $306.6M BRK.B, GOOG, JEF, BAC, BLDR Q2 2025 25 $284.6M BRK.B, JEF, GOOG, BAC, BLDR Q1 2025 24 $291.0M BRK.B, GOOG, JEF, BLDR, BAC Q4 2024 26 $305.9M BRK.B, JEF, GOOG, BLDR, BAC Q3 2024 25 $297.4M BRK.B, BLDR, GOOG, JEF, BAC Q2 2024 25 $267.6M BRK.B, GOOG, BLDR, JEF, BAC Q1 2024 25 $261.1M BRK.B, BLDR, GOOG, JEF, BAC