Hi-Line Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 18, 2024), Hi-Line Capital Management, LLC reported 39 stock positions worth $281.8 million. Its top holding was Berkshire Hathaway Class A (BRK.A) at 11.9% of the portfolio, followed by JPMorgan Chase (JPM, 7.6%) and Berkshire Hathaway Class B (BRK.B, 7.0%). Compared with Q4 2023, it opened 1 new position, added to 11 and reduced 26. The biggest buy was Liberty Media Corp.-Liber-New (LSXMK, shares +61%) and the biggest sale Liberty Broadband-A (LBRDA, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- WATERTOWN, SD
- CIK
- 0001776074
- Portfolio Value
- $281.8M (Q1 2024)
- SEC Filing
- 0001951757-24-000319 ↗ filed Apr 18, 2024
Holdings Value
Holdings 39 stocks · $281.8M
| BRK.A Berkshire Hathaway Inc. Class A | 11.93% | 53 | $33.6M | No change |
| JPM JPMorgan Chase & Co. | 7.62% | 107,162 | $21.5M | Reduce -0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 7.03% | 47,116 | $19.8M | Reduce -0.9% |
| LSXMK Liberty Media Corp.-Liber-New | 6.98% | 662,276 | $19.7M | Add +61.0% |
| LBTYA Liberty Global Ltd. Class A | 6.61% | 1,101,050 | $18.6M | Reduce -0.5% |
| PSX Phillips 66 | 5.91% | 101,945 | $16.7M | Reduce -1.4% |
| COP Conocophillips | 5.76% | 127,586 | $16.2M | Reduce -1.3% |
| BN Brookfield Corp. | 4.84% | 325,668 | $13.6M | Reduce -0.5% |
| TMUS T-Mobile US Inc. | 4.71% | 81,246 | $13.3M | Reduce -1.8% |
| AXP American Express Co. | 4.15% | 51,349 | $11.7M | Add +1.4% |
| MRK Merck & Co. Inc. | 3.79% | 80,534 | $10.7M | Add +1.3% |
| CB Chubb Ltd. | 3.42% | 37,083 | $9.6M | Add +1.4% |
| LBRDA Liberty Broadband-A | 2.75% | 135,744 | $7.8M | Reduce -1.4% |
| LMT Lockheed Martin Corp. | 2.68% | 16,631 | $7.6M | Add +1.1% |
| ABBV Abbvie Inc. | 2.33% | 35,982 | $6.6M | Add +1.4% |
| PNC PNC Financial Services Group | 2.17% | 37,827 | $6.1M | Add +1.4% |
| BABA Alibaba Group Holding-SP ADR | 2.05% | 79,970 | $5.8M | Add +1.4% |
| WBD Warner Bros Discovery Inc. | 2.03% | 654,602 | $5.7M | Reduce -0.4% |
| CHTR Charter Communications Inc. Class A | 1.96% | 19,045 | $5.5M | New |
| VSAT Viasat Inc. | 1.93% | 301,085 | $5.4M | Reduce -1.7% |
| OXY Occidental Petroleum Corp. | 1.86% | 80,427 | $5.2M | Add +1.2% |
| SFM Sprouts Farmers Market Inc. | 0.75% | 32,702 | $2.1M | Reduce -0.6% |
| EQC Equity Commonwealth | 0.66% | 97,805 | $1.8M | Reduce -0.6% |
| AMG Affiliated Managers Group | 0.59% | 9,990 | $1.7M | Reduce -0.6% |
| LBRDK Liberty Broadband-C | 0.49% | 24,371 | $1.4M | Add +0.7% |
| BAM Brookfield Asset Mgmt-A | 0.49% | 33,163 | $1.4M | Add +2.1% |
| CCS Century Communities Inc. | 0.45% | 13,007 | $1.3M | Reduce -0.6% |
| DINO HF Sinclair Corp. | 0.45% | 20,775 | $1.3M | Reduce -0.6% |
| ALLY Ally Financial Inc. | 0.44% | 30,801 | $1.3M | Reduce -0.6% |
| GL Globe Life Inc. | 0.43% | 10,386 | $1.2M | Reduce -0.6% |
| ARW Arrow Electronics Inc. | 0.42% | 9,206 | $1.2M | Reduce -0.6% |
| TAP Molson Coors Beverage Co. Class B | 0.38% | 15,841 | $1.1M | Reduce -0.6% |
| MRO Marathon Oil Corp. | 0.36% | 36,115 | $1.0M | Reduce -0.6% |
| CABO Cable One Inc. | 0.36% | 2,365 | $1.0M | Reduce -0.3% |
| CTRA Coterra Energy Inc. | 0.35% | 35,074 | $978K | Reduce -0.6% |
| GBCI Glacier Bancorp Inc. | 0.27% | 19,199 | $773K | Reduce -0.6% |
| VTRS Viatris Inc. | 0.25% | 57,957 | $692K | Reduce -0.6% |
| NXST Nexstar Media Group Inc. | 0.22% | 3,569 | $615K | Reduce -0.6% |
| LLYVK Liberty Media Corp.-Liberty-C | 0.12% | 7,467 | $327K | Reduce -92.7% |
Portfolio Sells Q4 2023 → Q1 2024
| LBRDA Liberty Broadband-A | Reduce -1.4% | 2.75% | −1.55 |
| VSAT Viasat Inc. | Reduce -1.7% | 1.93% | −1.38 |
| LLYVK Liberty Media Corp.-Liberty-C | Reduce -92.7% | 0.12% | −1.36 |
| LBTYA Liberty Global Ltd. Class A | Reduce -0.5% | 6.61% | −1.01 |
| WBD Warner Bros Discovery Inc. | Reduce -0.4% | 2.03% | −0.87 |
| TMUS T-Mobile US Inc. | Reduce -1.8% | 4.71% | −0.43 |
| BN Brookfield Corp. | Reduce -0.5% | 4.84% | −0.25 |
| CABO Cable One Inc. | Reduce -0.3% | 0.36% | −0.16 |
| EQC Equity Commonwealth | Reduce -0.6% | 0.66% | −0.08 |
| GL Globe Life Inc. | Reduce -0.6% | 0.43% | −0.06 |
| COP Conocophillips | Reduce -1.3% | 5.76% | −0.05 |
| GBCI Glacier Bancorp Inc. | Reduce -0.6% | 0.27% | −0.03 |
| CCS Century Communities Inc. | Reduce -0.6% | 0.45% | −0.02 |
| ARW Arrow Electronics Inc. | Reduce -0.6% | 0.42% | −0.02 |
| DINO HF Sinclair Corp. | Reduce -0.6% | 0.45% | −0.00 |
| CTRA Coterra Energy Inc. | Reduce -0.6% | 0.35% | −0.00 |
| TAP Molson Coors Beverage Co. Class B | Reduce -0.6% | 0.38% | +0.00 |
| NXST Nexstar Media Group Inc. | Reduce -0.6% | 0.22% | +0.00 |
| VTRS Viatris Inc. | Reduce -0.6% | 0.25% | +0.00 |
| AMG Affiliated Managers Group | Reduce -0.6% | 0.59% | +0.00 |
| MRO Marathon Oil Corp. | Reduce -0.6% | 0.36% | +0.02 |
| ALLY Ally Financial Inc. | Reduce -0.6% | 0.44% | +0.02 |
| SFM Sprouts Farmers Market Inc. | Reduce -0.6% | 0.75% | +0.14 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.9% | 7.03% | +0.46 |
| JPM JPMorgan Chase & Co. | Reduce -0.9% | 7.62% | +0.49 |
| PSX Phillips 66 | Reduce -1.4% | 5.91% | +0.58 |
Portfolio Buys Q4 2023 → Q1 2024
| LSXMK Liberty Media Corp.-Liber-New | Add +61.0% | 6.98% | +2.40 |
| CHTR Charter Communications Inc. Class A | New | 1.96% | +1.96 |
| AXP American Express Co. | Add +1.4% | 4.15% | +0.47 |
| MRK Merck & Co. Inc. | Add +1.3% | 3.79% | +0.41 |
| CB Chubb Ltd. | Add +1.4% | 3.42% | +0.21 |
| ABBV Abbvie Inc. | Add +1.4% | 2.33% | +0.19 |
| OXY Occidental Petroleum Corp. | Add +1.2% | 1.86% | +0.02 |
| BAM Brookfield Asset Mgmt-A | Add +2.1% | 0.49% | −0.01 |
| PNC PNC Financial Services Group | Add +1.4% | 2.17% | −0.07 |
| LMT Lockheed Martin Corp. | Add +1.1% | 2.68% | −0.20 |
| LBRDK Liberty Broadband-C | Add +0.7% | 0.49% | −0.26 |
| BABA Alibaba Group Holding-SP ADR | Add +1.4% | 2.05% | −0.35 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 32 | $355.5M | BRK.A, IDEV, SIRI, BRK.B, IEMG |
| Q1 2026 | 32 | $318.2M | BRK.A, IDEV, LBRDK, BRK.B, SIRI |
| Q4 2025 | 37 | $300.4M | BRK.A, IDEV, BRK.B, RSP, LBTYA |
| Q3 2025 | 39 | $316.8M | BRK.A, IDEV, BRK.B, RSP, LBRDK |
| Q2 2025 | 38 | $282.4M | BRK.A, IDEV, LBRDK, BN, BRK.B |
| Q1 2025 | 39 | $267.3M | BRK.A, IDEV, BRK.B, LBRDK, SIRI |
| Q4 2024 | 37 | $228.5M | BRK.A, IDEV, BN, BRK.B, LBTYA |
| Q3 2024 | 30 | $203.6M | BRK.A, LBTYA, BN, TMUS, BRK.B |
| Q2 2024 | 33 | $238.1M | BRK.A, JPM, LBTYA, BRK.B, LSXMK |
| Q1 2024 | 39 | $281.8M | BRK.A, JPM, BRK.B, LSXMK, LBTYA |