Inkwell Capital LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 11, 2025), Inkwell Capital LLC reported 28 stock positions worth $93.2 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 7.5% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 6.0%) and Markel (MKL, 5.7%). Compared with Q1 2025, it sold out of 1, added to 4 and reduced 23. The biggest buy was Nike Class B (NKE, shares +37%) and the biggest sale an exit from Wells Fargo (WFC).

Most Recent 13F
Q2 2026
Location
MIAMI, FL
CIK
0002050138
Portfolio Value
$93.2M (Q2 2025)
SEC Filing
0002050138-25-000004 ↗ filed Aug 11, 2025

Holdings Value

0$20.0M$40.0M$60.0M$80.0M$100.0M Q4 2024: $93.5M Q4 2024 Q1 2025: $91.3M Q1 2025 Q2 2025: $93.2M $93.2M Q2 2025 Q3 2025: $97.8M Q3 2025 Q4 2025: $98.2M Q4 2025 Q1 2026: $98.0M Q1 2026 Q2 2026: $95.9M Q2 2026

Holdings 28 stocks · $93.2M
BRK.B Berkshire Hathaway Inc. Class B 7.52% 14,425 $7.0M Reduce -0.9%
RSP Invesco S&P 500 Equal Weight 5.98% 30,643 $5.6M Reduce -0.6%
MKL Markel Group Inc. 5.71% 2,665 $5.3M Reduce -0.9%
GOOGL Alphabet Inc. Class A 5.50% 29,068 $5.1M Reduce -0.8%
DG Dollar General Corp. 4.99% 40,626 $4.6M Reduce -0.9%
META Meta Platforms Inc. Class A 4.84% 6,104 $4.5M Reduce -0.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 4.78% 35,935 $4.5M Reduce -0.8%
MA Mastercard Inc. Class A 4.75% 7,875 $4.4M Reduce -1.3%
AMZN Amazon.com Inc. 4.62% 19,613 $4.3M Reduce -1.0%
NKE Nike Inc. Class B 3.79% 49,662 $3.5M Add +37.2%
SBUX Starbucks Corp. 3.76% 38,258 $3.5M Reduce -0.9%
SCHW Schwab (charles) Corp. 3.70% 37,746 $3.4M Reduce -0.8%
MCO Moody's Corp. 3.69% 6,858 $3.4M Reduce -0.8%
QSR Restaurant Brands Intern 3.62% 50,838 $3.4M Reduce -1.1%
KMX Carmax Inc. 3.44% 47,711 $3.2M Reduce -0.8%
XOM Exxon Mobil Corp. 3.40% 29,361 $3.2M Reduce -0.8%
HSY The Hershey Co. 3.37% 18,894 $3.1M Reduce -0.8%
NSC Norfolk Southern Corp. 3.34% 12,163 $3.1M Reduce -0.8%
AAPL Apple Inc. 3.05% 13,865 $2.8M Reduce -0.9%
UHAL.B U-Haul Holding Co.-Non Voting 2.94% 50,435 $2.7M Add +53.7%
BLDR Builders Firstsource Inc. 2.91% 23,224 $2.7M Add +46.6%
OXY Occidental Petroleum Corp. 2.67% 59,123 $2.5M Add +9.7%
AXP American Express Co. 2.26% 6,601 $2.1M Reduce -3.6%
UNH Unitedhealth Group Inc. 1.41% 4,209 $1.3M Reduce -0.7%
ELV Elevance Health Inc. 1.39% 3,336 $1.3M Reduce -1.2%
MSFT Microsoft Corp. 1.35% 2,528 $1.3M No change
INTC Intel Corp. 1.00% 41,581 $931K Reduce -31.1%
UHAL U-Haul Holding Co. 0.22% 3,384 $205K Reduce -3.1%
Other holdings (1): bonds, preferreds, convertibles and warrants · $217K (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 185$217KNo change

Total filed on the 13F, all lines: $93.4M.

Portfolio Sells Q1 2025 → Q2 2025
WFC Wells Fargo & Co. Sold out 0.00% −3.16
UNH Unitedhealth Group Inc. Reduce -0.7% 1.41% −1.02
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.9% 7.52% −0.97
KMX Carmax Inc. Reduce -0.8% 3.44% −0.66
INTC Intel Corp. Reduce -31.1% 1.00% −0.50
XOM Exxon Mobil Corp. Reduce -0.8% 3.40% −0.46
SBUX Starbucks Corp. Reduce -0.9% 3.76% −0.38
AAPL Apple Inc. Reduce -0.9% 3.05% −0.35
ELV Elevance Health Inc. Reduce -1.2% 1.39% −0.22
HSY The Hershey Co. Reduce -0.8% 3.37% −0.20
QSR Restaurant Brands Intern Reduce -1.1% 3.62% −0.13
MA Mastercard Inc. Class A Reduce -1.3% 4.75% −0.04
UHAL U-Haul Holding Co. Reduce -3.1% 0.22% −0.03
RSP Invesco S&P 500 Equal Weight Reduce -0.6% 5.98% +0.13
NSC Norfolk Southern Corp. Reduce -0.8% 3.34% +0.16
MCO Moody's Corp. Reduce -0.8% 3.69% +0.17
MKL Markel Group Inc. Reduce -0.9% 5.71% +0.21
AXP American Express Co. Reduce -3.6% 2.26% +0.24
SCHW Schwab (charles) Corp. Reduce -0.8% 3.70% +0.43
AMZN Amazon.com Inc. Reduce -1.0% 4.62% +0.49
GOOGL Alphabet Inc. Class A Reduce -0.8% 5.50% +0.53
DIS The Walt Disney Co. Reduce -0.8% 4.78% +0.87
META Meta Platforms Inc. Class A Reduce -0.9% 4.84% +0.95
DG Dollar General Corp. Reduce -0.9% 4.99% +1.04

Portfolio Buys Q1 2025 → Q2 2025
NKE Nike Inc. Class B Add +37.2% 3.79% +1.27
UHAL.B U-Haul Holding Co.-Non Voting Add +53.7% 2.94% +0.82
BLDR Builders Firstsource Inc. Add +46.6% 2.91% +0.74
OXY Occidental Petroleum Corp. Add +9.7% 2.67% −0.25

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 30$95.9MBRK.B, MKL, RSP, GOOGL, DG
Q1 2026 30$98.0MBRK.B, GOOGL, MKL, XOM, DG
Q4 2025 28$98.2MGOOGL, BRK.B, RSP, MKL, DG
Q3 2025 28$97.8MBRK.B, GOOGL, RSP, MKL, MA
Q2 2025 28$93.2MBRK.B, RSP, MKL, GOOGL, DG
Q1 2025 29$91.3MBRK.B, RSP, MKL, GOOGL, MA
Q4 2024 32$93.5MBRK.B, GOOGL, RSP, MKL, AAPL