Hoertkorn Richard Charles

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 27, 2026), Hoertkorn Richard Charles reported 78 stock positions worth $257.4 million. Its top holding was Apple (AAPL) at 9.5% of the portfolio, followed by Marvell Technology (MRVL, 8.8%) and Alphabet Class A (GOOGL, 7.8%). Compared with Q3 2025, it opened 3 new positions, sold out of 3, added to 3 and reduced 36. The biggest buy was a new position in Paramount Skydance Class B (PSKY) and the biggest sale an exit from Paramount Global Class B (PARAA).

Most Recent 13F
Q2 2026
Location
KENTFIELD, CA
CIK
0001598177
Portfolio Value
$257.4M (Q4 2025)
SEC Filing
0001598177-26-000001 ↗ filed Jan 27, 2026

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $232.9M Q1 2024 Q2 2024: $229.6M Q2 2024 Q3 2024: $231.8M Q3 2024 Q4 2024: $243.2M Q4 2024 Q1 2025: $216.2M Q1 2025 Q2 2025: $236.2M Q2 2025 Q3 2025: $258.6M Q3 2025 Q4 2025: $257.4M $257.4M Q4 2025 Q1 2026: $121.9M Q1 2026 Q2 2026: $149.2M Q2 2026

Holdings 78 stocks · $257.4M
AAPL Apple Inc. 9.53% 90,269 $24.5M Reduce -3.6%
MRVL Marvell Technology Group Ltd. 8.83% 267,494 $22.7M Reduce -0.5%
GOOGL Alphabet Inc. Class A 7.82% 64,345 $20.1M Reduce -4.5%
GE General Electric Company filed as GE Aerospace 7.74% 64,643 $19.9M Reduce -2.1%
MSFT Microsoft Corp. 7.38% 39,286 $19.0M Reduce -2.0%
JPM JPMorgan Chase & Co. 6.19% 49,466 $15.9M Reduce -2.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 5.79% 271,115 $14.9M Reduce -1.4%
KMI Kinder Morgan Inc. 5.21% 487,664 $13.4M Reduce -1.1%
GEV GE Vernova Inc. 4.13% 15,255 $10.6M Reduce -8.0%
PG The Procter & Gamble Co. 3.53% 63,377 $9.1M Reduce -0.3%
SCHWAB CHARLES CORP NEW 3.28% 84,520 $8.4M Reduce -2.6%
BA The Boeing Co. 2.98% 35,371 $7.7M Add +4.0%
TMUS T-Mobile US Inc. 2.76% 34,952 $7.1M Reduce -9.6%
HD Home Depot Inc. 2.66% 19,866 $6.8M Reduce -0.6%
CSCO Cisco Systems Inc. 1.80% 60,169 $4.6M Reduce -2.0%
F Ford Motor Co. filed as FORD MTR CO 1.64% 322,246 $4.2M Reduce -2.5%
APACHE CORP filed as APA CORPORATION 1.58% 165,975 $4.1M Reduce -1.8%
DVN Devon Energy Corp. 1.52% 106,675 $3.9M Reduce -3.0%
PSKY Paramount Skydance Class B 1.44% 276,723 $3.7M New
NVDA Nvidia Corp. 1.35% 18,696 $3.5M Reduce -0.5%
PYPL PayPal Holdings Inc. 1.31% 57,650 $3.4M Reduce -2.3%
AMD Advanced Micro Devices 1.29% 15,556 $3.3M Reduce -1.9%
INTC Intel Corp. 1.27% 88,500 $3.3M No change
XOM Exxon Mobil Corp. 1.26% 26,993 $3.2M Reduce -0.7%
MCD McDonald's Corp. 1.10% 9,299 $2.8M Reduce -3.9%
AMZN Amazon.com Inc. 1.00% 11,202 $2.6M Reduce -0.9%
CVX Chevron Corp. 0.81% 13,712 $2.1M Reduce -0.7%
BRK.B Berkshire Hathaway Inc. Class B 0.57% 2,900 $1.5M Reduce -16.2%
CBRE CBRE Group Inc. Class A 0.53% 9,355 $1.4M Reduce -5.1%
JNJ Johnson & Johnson 0.52% 6,479 $1.3M No change
COP Conocophillips 0.48% 13,207 $1.2M Reduce -0.5%
CG The Carlyle Group Inc. 0.45% 19,600 $1.2M Reduce -2.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.34% 7,637 $869K Reduce -18.2%
LLY Eli Lilly & Co. 0.29% 700 $752K No change
ITW Illinois Tool Works 0.19% 2,000 $493K No change
GOOG Alphabet Inc. Class C 0.17% 1,425 $447K Reduce -18.9%
BABA Alibaba Group Holding-SP ADR 0.14% 2,490 $365K Reduce -14.9%
DNP DNP Select Income Fund Inc. 0.12% 31,841 $318K Add +4.9%
KO The Coca-Cola Co. 0.12% 4,445 $311K Reduce -1.9%
RTX RTX Corp. 0.10% 1,365 $250K No change
PFE Pfizer Inc. 0.10% 10,050 $250K Reduce -21.4%
VOOG Vanguard S&P 500 Growth ETF 0.07% 434 $193K Add +199.3%
JHI John Hancock Investors TR 0.07% 14,000 $191K No change
BX Blackstone Inc. 0.06% 1,000 $154K Reduce -14.9%
PEP Pepsico Inc. 0.05% 930 $133K No change
NTRS Northern Trust Corp. 0.04% 800 $109K No change
MMT Aberdeen Multimarket Income 0.04% 22,000 $102K No change
T AT&T Inc. 0.04% 4,000 $99K No change
PSA Public Storage 0.04% 357 $93K No change
SBUX Starbucks Corp. 0.03% 950 $80K No change
SCHB Schwab US Broad Market ETF 0.03% 2,480 $65K No change
KMB Kimberly-Clark Corp. 0.02% 624 $63K No change
YUM Yum! Brands Inc. 0.02% 372 $56K No change
OTIS Otis Worldwide Corp. 0.02% 640 $56K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.02% 145 $46K Reduce -66.6%
O Realty Income Corp. 0.01% 666 $38K No change
WYNN WYNN Resorts Ltd. 0.01% 300 $36K No change
META Meta Platforms Inc. Class A 0.01% 39 $26K No change
PFG Principal Financial Group 0.01% 272 $24K No change
SLB SLB Ltd. filed as SLB LIMITED 0.01% 600 $23K Reduce -7.7%
ERTH Invesco MSCI Sustainable Fut 0.01% 448 $21K No change
KURA Kura Oncology Inc. 0.01% 2,000 $21K New
TCBK Trico Bancshares 0.01% 355 $17K No change
V Visa Inc. Class A 0.01% 46 $16K No change
TSLA Tesla Inc. 0.01% 30 $13K No change
C Citigroup Inc. 0.00% 100 $12K No change
ESPR Esperion Therapeutics Inc. 0.00% 2,000 $7K No change
KIM Kimco Realty Corp. 0.00% 353 $7K No change
TLSI Trisalus Life Sciences Inc. 0.00% 668 $5K No change
BP BP PLC-Spons ADR 0.00% 100 $3K No change
BMY Bristol-Myers Squibb Co. 0.00% 24 $1K New
SPOT Spotify Technology SA 0.00% 2 $1K No change
CMCSA Comcast Corp. Class A 0.00% 33 $986 No change
MAT Mattel Inc. 0.00% 38 $754 No change
EA Electronic Arts Inc. 0.00% 1 $204 No change
CHDN Churchill Downs Inc. 0.00% 1 $114 No change
HAL Halliburton Co. 0.00% 4 $113 No change
HAS Hasbro Inc. 0.00% 1 $82 No change

Portfolio Sells Q3 2025 → Q4 2025
PARAA Paramount Global Class B Sold out 0.00% −2.11
TMUS T-Mobile US Inc. Reduce -9.6% 2.76% −0.82
MSFT Microsoft Corp. Reduce -2.0% 7.38% −0.65
HD Home Depot Inc. Reduce -0.6% 2.66% −0.47
PG The Procter & Gamble Co. Reduce -0.3% 3.53% −0.25
PYPL PayPal Holdings Inc. Reduce -2.3% 1.31% −0.22
KMI Kinder Morgan Inc. Reduce -1.1% 5.21% −0.19
BRK.B Berkshire Hathaway Inc. Class B Reduce -16.2% 0.57% −0.11
DIS The Walt Disney Co. Reduce -18.2% 0.34% −0.08
BABA Alibaba Group Holding-SP ADR Reduce -14.9% 0.14% −0.06
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -66.6% 0.02% −0.06
CG The Carlyle Group Inc. Reduce -2.0% 0.45% −0.03
MCD McDonald's Corp. Reduce -3.9% 1.10% −0.03
PFE Pfizer Inc. Reduce -21.4% 0.10% −0.03
CBRE CBRE Group Inc. Class A Reduce -5.1% 0.53% −0.02
BX Blackstone Inc. Reduce -14.9% 0.06% −0.02
CVX Chevron Corp. Reduce -0.7% 0.81% −0.02
APACHE CORP Reduce -1.8% 1.58% −0.01
GEHC GE Healthcare Technology Sold out 0.00% −0.01
COP Conocophillips Reduce -0.5% 0.48% −0.01
XYZ Block Inc. Sold out 0.00% −0.00
NVDA Nvidia Corp. Reduce -0.5% 1.35% −0.00
SLB SLB Ltd. Reduce -7.7% 0.01% +0.00
KO The Coca-Cola Co. Reduce -1.9% 0.12% +0.00
GOOG Alphabet Inc. Class C Reduce -18.9% 0.17% +0.01
JPM JPMorgan Chase & Co. Reduce -2.2% 6.19% +0.02
DVN Devon Energy Corp. Reduce -3.0% 1.52% +0.03
AMZN Amazon.com Inc. Reduce -0.9% 1.00% +0.04
GE General Electric Company Reduce -2.1% 7.74% +0.06
SCHWAB CHARLES CORP NEW Reduce -2.6% 3.28% +0.07
XOM Exxon Mobil Corp. Reduce -0.7% 1.26% +0.08
MRVL Marvell Technology Group Ltd. Reduce -0.5% 8.83% +0.09
F Ford Motor Co. Reduce -2.5% 1.64% +0.11
CSCO Cisco Systems Inc. Reduce -2.0% 1.80% +0.18
GEV GE Vernova Inc. Reduce -8.0% 4.13% +0.18
AMD Advanced Micro Devices Reduce -1.9% 1.29% +0.30
BAC Bank of America Corp. Reduce -1.4% 5.79% +0.31
AAPL Apple Inc. Reduce -3.6% 9.53% +0.31
GOOGL Alphabet Inc. Class A Reduce -4.5% 7.82% +1.49

Portfolio Buys Q3 2025 → Q4 2025
PSKY Paramount Skydance Class B New 1.44% +1.44
BA The Boeing Co. Add +4.0% 2.98% +0.14
VOOG Vanguard S&P 500 Growth ETF Add +199.3% 0.07% +0.06
KURA Kura Oncology Inc. New 0.01% +0.01
DNP DNP Select Income Fund Inc. Add +4.9% 0.12% +0.01
BMY Bristol-Myers Squibb Co. New 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 71$149.2MMRVL, GOOGL, AAPL, MSFT, JPM
Q1 2026 75$121.9MGOOGL, AAPL, MSFT, JPM, MRVL
Q4 2025 78$257.4MAAPL, MRVL, GOOGL, GE, MSFT
Q3 2025 78$258.6MAAPL, MRVL, MSFT, GE, GOOGL
Q2 2025 79$236.2MMRVL, MSFT, AAPL, GE, JPM
Q1 2025 80$216.2MAAPL, MRVL, MSFT, KMI, GE
Q4 2024 81$243.2MMRVL, AAPL, MSFT, KMI, GOOGL
Q3 2024 82$231.8MAAPL, MRVL, MSFT, GE, GOOGL
Q2 2024 85$229.6MAAPL, MSFT, MRVL, GOOGL, PG
Q1 2024 82$232.9MAAPL, MRVL, MSFT, GE, GOOGL