Hi-Line Capital Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 31, 2024), Hi-Line Capital Management, LLC reported 33 stock positions worth $238.1 million. Its top holding was Berkshire Hathaway Class A (BRK.A) at 13.6% of the portfolio, followed by JPMorgan Chase (JPM, 8.7%) and Liberty Global Class A (LBTYA, 7.7%). Compared with Q1 2024, it opened 1 new position, sold out of 7, added to 3 and reduced 19. The biggest buy was a new position in Markel (MKL) and the biggest sale an exit from Merck (MRK).
- Most Recent 13F
- Q2 2026
- Location
- WATERTOWN, SD
- CIK
- 0001776074
- Portfolio Value
- $238.1M (Q2 2024)
- SEC Filing
- 0001951757-24-000597 ↗ filed Jul 31, 2024
Holdings Value
Holdings 33 stocks · $238.1M
| BRK.A Berkshire Hathaway Inc. Class A | 13.63% | 53 | $32.4M | No change |
| JPM JPMorgan Chase & Co. | 8.66% | 101,945 | $20.6M | Reduce -4.9% |
| LBTYA Liberty Global Ltd. Class A | 7.69% | 1,050,768 | $18.3M | Reduce -4.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.97% | 40,801 | $16.6M | Reduce -13.4% |
| LSXMK Liberty Media Corp.-Liber-New | 6.16% | 661,586 | $14.7M | Reduce -0.1% |
| COP Conocophillips | 5.83% | 121,369 | $13.9M | Reduce -4.9% |
| PSX Phillips 66 | 5.75% | 96,917 | $13.7M | Reduce -4.9% |
| TMUS T-Mobile US Inc. | 5.72% | 77,303 | $13.6M | Reduce -4.8% |
| BN Brookfield Corp. | 5.40% | 309,680 | $12.9M | Reduce -4.9% |
| AXP American Express Co. | 4.75% | 48,802 | $11.3M | Reduce -5.0% |
| CB Chubb Ltd. | 3.79% | 35,263 | $9.0M | Reduce -4.9% |
| LMT Lockheed Martin Corp. | 3.10% | 15,822 | $7.4M | Reduce -4.9% |
| LBRDA Liberty Broadband-A | 2.95% | 128,532 | $7.0M | Reduce -5.3% |
| BABA Alibaba Group Holding-SP ADR | 2.36% | 76,173 | $5.6M | Reduce -4.8% |
| PNC PNC Financial Services Group | 2.35% | 35,935 | $5.6M | Reduce -5.0% |
| CHTR Charter Communications Inc. Class A | 2.29% | 18,274 | $5.5M | Reduce -4.0% |
| OXY Occidental Petroleum Corp. | 2.03% | 76,490 | $4.8M | Reduce -4.9% |
| WBD Warner Bros Discovery Inc. | 1.95% | 622,356 | $4.6M | Reduce -4.9% |
| VSAT Viasat Inc. | 1.72% | 322,139 | $4.1M | Add +7.0% |
| EQC Equity Commonwealth | 0.80% | 97,805 | $1.9M | No change |
| MRO Marathon Oil Corp. | 0.70% | 58,151 | $1.7M | Add +61.0% |
| AMG Affiliated Managers Group | 0.66% | 9,990 | $1.6M | No change |
| CABO Cable One Inc. | 0.60% | 4,017 | $1.4M | Add +69.8% |
| LBRDK Liberty Broadband-C | 0.54% | 23,573 | $1.3M | Reduce -3.3% |
| ALLY Ally Financial Inc. | 0.51% | 30,801 | $1.2M | No change |
| BAM Brookfield Asset Mgmt-A | 0.51% | 31,620 | $1.2M | Reduce -4.7% |
| MKL Markel Group Inc. | 0.48% | 722 | $1.1M | New |
| ARW Arrow Electronics Inc. | 0.47% | 9,206 | $1.1M | No change |
| DINO HF Sinclair Corp. | 0.47% | 20,775 | $1.1M | No change |
| GL Globe Life Inc. | 0.36% | 10,386 | $855K | No change |
| GBCI Glacier Bancorp Inc. | 0.30% | 19,199 | $717K | No change |
| VTRS Viatris Inc. | 0.26% | 57,957 | $616K | No change |
| NXST Nexstar Media Group Inc. | 0.25% | 3,569 | $592K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| MRK Merck & Co. Inc. | Sold out | 0.00% | −3.79 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −2.33 |
| LSXMK Liberty Media Corp.-Liber-New | Reduce -0.1% | 6.16% | −0.82 |
| SFM Sprouts Farmers Market Inc. | Sold out | 0.00% | −0.75 |
| CCS Century Communities Inc. | Sold out | 0.00% | −0.45 |
| TAP Molson Coors Beverage Co. Class B | Sold out | 0.00% | −0.38 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.35 |
| PSX Phillips 66 | Reduce -4.9% | 5.75% | −0.16 |
| LLYVK Liberty Media Corp.-Liberty-C | Sold out | 0.00% | −0.12 |
| WBD Warner Bros Discovery Inc. | Reduce -4.9% | 1.95% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -13.4% | 6.97% | −0.06 |
| BAM Brookfield Asset Mgmt-A | Reduce -4.7% | 0.51% | +0.01 |
| LBRDK Liberty Broadband-C | Reduce -3.3% | 0.54% | +0.05 |
| COP Conocophillips | Reduce -4.9% | 5.83% | +0.07 |
| OXY Occidental Petroleum Corp. | Reduce -4.9% | 2.03% | +0.17 |
| PNC PNC Financial Services Group | Reduce -5.0% | 2.35% | +0.18 |
| LBRDA Liberty Broadband-A | Reduce -5.3% | 2.95% | +0.20 |
| BABA Alibaba Group Holding-SP ADR | Reduce -4.8% | 2.36% | +0.31 |
| CHTR Charter Communications Inc. Class A | Reduce -4.0% | 2.29% | +0.33 |
| CB Chubb Ltd. | Reduce -4.9% | 3.79% | +0.37 |
| LMT Lockheed Martin Corp. | Reduce -4.9% | 3.10% | +0.42 |
| BN Brookfield Corp. | Reduce -4.9% | 5.40% | +0.56 |
| AXP American Express Co. | Reduce -5.0% | 4.75% | +0.60 |
| TMUS T-Mobile US Inc. | Reduce -4.8% | 5.72% | +1.01 |
| JPM JPMorgan Chase & Co. | Reduce -4.9% | 8.66% | +1.04 |
| LBTYA Liberty Global Ltd. Class A | Reduce -4.6% | 7.69% | +1.08 |
Portfolio Buys Q1 2024 → Q2 2024
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 |