Lafayette Investments, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Lafayette Investments, Inc. reported 141 stock positions worth $445.1 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 12.1% of the portfolio, followed by Markel (MKL, 7.0%) and Progressive (PGR, 4.5%). Compared with Q4 2023, it opened 9 new positions, sold out of 3, added to 53 and reduced 46. The biggest buy was KLA (KLAC, shares +1%) and the biggest sale an exit from Enovis (ENOV).
- Most Recent 13F
- Q2 2026
- Location
- ASHTON, MD
- CIK
- 0001308377
- Portfolio Value
- $445.1M (Q1 2024)
- SEC Filing
- 0001308377-24-000002 ↗ filed May 9, 2024
Holdings Value
Holdings 141 stocks · $445.1M
| BRK.B Berkshire Hathaway Inc. Class B | 12.09% | 127,982 | $53.8M | Reduce -0.8% |
| MKL Markel Group Inc. | 6.98% | 20,425 | $31.1M | Add +0.2% |
| PGR Progressive Corp. | 4.52% | 97,385 | $20.1M | Reduce -1.0% |
| MSFT Microsoft Corp. | 3.32% | 35,118 | $14.8M | Add +0.1% |
| KLAC KLA Corp. | 3.08% | 19,595 | $13.7M | Add +1.4% |
| META Meta Platforms Inc. Class A | 3.00% | 27,533 | $13.4M | Reduce -3.9% |
| LOW Lowe's Cos Inc. | 2.54% | 44,427 | $11.3M | Add +0.5% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 2.47% | 90,025 | $11.0M | Reduce -0.9% |
| GOOG Alphabet Inc. Class C | 2.42% | 70,684 | $10.8M | Add +1.0% |
| PAYX Paychex Inc. | 2.42% | 87,630 | $10.8M | Reduce -0.1% |
| LII Lennox International Inc. | 2.37% | 21,547 | $10.5M | Reduce -4.1% |
| AZO AutoZone Inc. | 2.32% | 3,276 | $10.3M | Add +0.4% |
| AAPL Apple Inc. | 2.24% | 58,273 | $10.0M | Add +1.7% |
| NSC Norfolk Southern Corp. | 2.01% | 35,053 | $8.9M | Reduce -0.6% |
| JEF Jefferies Financial Group Inc. | 1.83% | 184,723 | $8.1M | Reduce -0.4% |
| LMT Lockheed Martin Corp. | 1.82% | 17,778 | $8.1M | Add +1.0% |
| DEO Diageo PLC-Sponsored ADR | 1.79% | 53,512 | $8.0M | Add +0.9% |
| JNJ Johnson & Johnson | 1.75% | 49,310 | $7.8M | Reduce -0.0% |
| GPC Genuine Parts Co. | 1.70% | 48,865 | $7.6M | Add +0.1% |
| PEP Pepsico Inc. | 1.58% | 40,170 | $7.0M | Add +2.3% |
| SCHW Schwab (charles) Corp. | 1.58% | 97,016 | $7.0M | Add +1.1% |
| SBUX Starbucks Corp. | 1.43% | 69,469 | $6.3M | Add +9.6% |
| L Loews Corp. | 1.36% | 77,074 | $6.0M | Reduce -0.6% |
| PH Parker Hannifin Corp. | 1.35% | 10,805 | $6.0M | Reduce -0.1% |
| B Barrick Gold Corp. | 1.25% | 335,444 | $5.6M | Add +1.9% |
| COST Costco Wholesale Corp. | 1.04% | 6,320 | $4.6M | No change |
| ACN Accenture PLC Class A | 1.02% | 13,143 | $4.6M | Add +2.3% |
| MRSH Marsh & McLennan Cos | 1.02% | 22,073 | $4.5M | Reduce -0.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.02% | 37,023 | $4.5M | Reduce -2.5% |
| ESAB Esab Corp. | 1.02% | 40,904 | $4.5M | Reduce -6.1% |
| ALLE Allegion PLC | 0.96% | 31,735 | $4.3M | Add +5.0% |
| XOM Exxon Mobil Corp. | 0.94% | 35,815 | $4.2M | Add +1.4% |
| GLW Corning Inc. | 0.92% | 124,815 | $4.1M | Reduce -6.0% |
| KO The Coca-Cola Co. | 0.92% | 67,227 | $4.1M | Reduce -1.8% |
| CHKP Check Point Software Tech | 0.91% | 24,619 | $4.0M | Reduce -2.5% |
| AOS Smith (a.o.) Corp. | 0.81% | 40,250 | $3.6M | Add +3.4% |
| GHC Graham Holdings Co. Class B | 0.80% | 4,628 | $3.6M | Reduce -0.1% |
| PYPL PayPal Holdings Inc. | 0.74% | 49,352 | $3.3M | Add +7.3% |
| MHK Mohawk Industries Inc. | 0.74% | 25,193 | $3.3M | Add +0.7% |
| WAT Waters Corp. | 0.66% | 8,523 | $2.9M | Add +0.7% |
| MSGS Madison Square Garden Sports | 0.64% | 15,512 | $2.9M | Reduce -20.0% |
| JPM JPMorgan Chase & Co. | 0.64% | 14,126 | $2.8M | Add +0.8% |
| SPOT Spotify Technology SA | 0.61% | 10,255 | $2.7M | Reduce -13.6% |
| AMZN Amazon.com Inc. | 0.57% | 14,186 | $2.6M | Add +3.6% |
| INTC Intel Corp. | 0.56% | 56,684 | $2.5M | Add +1.4% |
| ANET Arista Networks Inc. | 0.56% | 8,613 | $2.5M | Add +1.2% |
| ULTA Ulta Beauty Inc. | 0.53% | 4,508 | $2.4M | Add +1.4% |
| CVX Chevron Corp. | 0.49% | 13,793 | $2.2M | Reduce -0.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.49% | 57,268 | $2.2M | Reduce -0.7% |
| AON Aon PLC Class A | 0.48% | 6,441 | $2.1M | Reduce -1.7% |
| NKE Nike Inc. Class B | 0.47% | 22,045 | $2.1M | Add +4.3% |
| TXN Texas Instruments Inc. | 0.46% | 11,678 | $2.0M | Add +17.2% |
| DHR Danaher Corp. | 0.44% | 7,877 | $2.0M | Reduce -1.0% |
| V Visa Inc. Class A | 0.43% | 6,911 | $1.9M | Add +8.6% |
| HSY The Hershey Co. | 0.40% | 9,154 | $1.8M | Add +0.8% |
| HAS Hasbro Inc. | 0.37% | 29,258 | $1.7M | Reduce -0.9% |
| WBA Walgreens Boots Alliance Inc. | 0.37% | 75,867 | $1.6M | Reduce -0.8% |
| CTSH Cognizant Tech Solutions-A | 0.29% | 17,637 | $1.3M | No change |
| SEIC Sei Investments Company | 0.29% | 17,652 | $1.3M | Reduce -1.3% |
| MCD McDonald's Corp. | 0.27% | 4,329 | $1.2M | Add +33.3% |
| MTD Mettler-Toledo International | 0.25% | 834 | $1.1M | Add +21.4% |
| WHR Whirlpool Corp. | 0.24% | 8,949 | $1.1M | Add +1.1% |
| GSK GSK PLC-Spon ADR | 0.24% | 24,600 | $1.1M | No change |
| OTIS Otis Worldwide Corp. | 0.24% | 10,616 | $1.1M | Add +22.2% |
| SASR Sandy Spring Bancorp Inc. | 0.23% | 44,785 | $1.0M | Reduce -9.4% |
| VZ Verizon Communications Inc. | 0.23% | 24,342 | $1.0M | Reduce -0.6% |
| WFC Wells Fargo & Co. | 0.21% | 15,995 | $927K | Reduce -1.5% |
| ADP Automatic Data Processing | 0.21% | 3,695 | $923K | Add +5.5% |
| MRK Merck & Co. Inc. | 0.21% | 6,934 | $915K | Reduce -2.6% |
| HON Honeywell International Inc. | 0.19% | 4,190 | $860K | Add +6.3% |
| CABO Cable One Inc. | 0.17% | 1,820 | $770K | Reduce -4.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.17% | 1,425 | $745K | Reduce -1.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.16% | 3,659 | $699K | No change |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.15% | 12,000 | $658K | Add +4.3% |
| FISV Fiserv Inc. | 0.15% | 4,074 | $651K | No change |
| GD General Dynamics Corp. | 0.14% | 2,210 | $624K | No change |
| UNH Unitedhealth Group Inc. | 0.13% | 1,125 | $557K | Add +4.7% |
| CAT Caterpillar Inc. | 0.12% | 1,450 | $531K | Reduce -12.1% |
| CVS CVS Health Corp. | 0.12% | 6,650 | $530K | Reduce -5.7% |
| TT Trane Technologies PLC | 0.12% | 1,722 | $517K | No change |
| NVDA Nvidia Corp. | 0.12% | 570 | $515K | Reduce -6.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.12% | 4,000 | $514K | No change |
| EGBN Eagle Bancorp Inc. | 0.11% | 21,750 | $511K | Reduce -2.3% |
| RTX RTX Corp. | 0.11% | 4,999 | $488K | No change |
| PFE Pfizer Inc. | 0.11% | 17,548 | $487K | No change |
| ARCC Ares Capital Corp. | 0.11% | 23,080 | $481K | No change |
| TMO Thermo Fisher Scientific Inc. | 0.11% | 813 | $473K | Reduce -1.4% |
| MO Altria Group Inc. | 0.11% | 10,788 | $471K | Reduce -10.4% |
| VTS Vitesse Energy Inc. | 0.10% | 19,426 | $461K | Reduce -5.9% |
| GOOGL Alphabet Inc. Class A | 0.10% | 3,018 | $456K | Add +8.5% |
| AVGO Broadcom Inc. | 0.10% | 338 | $448K | Add +8.0% |
| ALRS Alerus Financial Corp. | 0.10% | 20,100 | $439K | No change |
| ABBV Abbvie Inc. | 0.09% | 2,310 | $421K | No change |
| GLD SPDR Gold Shares | 0.09% | 2,038 | $419K | Add +0.8% |
| ASML ASML Holding NV-NY Reg SHS | 0.09% | 431 | $418K | Add +0.9% |
| ADBE Adobe Inc. | 0.09% | 828 | $418K | Add +59.5% |
| GM General Motors Co. | 0.09% | 9,007 | $408K | Reduce -25.0% |
| DPZ Domino's Pizza Inc. | 0.09% | 791 | $393K | No change |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.09% | 5,822 | $392K | Add +1.1% |
| AXP American Express Co. | 0.09% | 1,713 | $390K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| ENOV Enovis Corp. | Sold out | 0.00% | −0.42 |
| MSGS Madison Square Garden Sports | Reduce -20.0% | 0.64% | −0.23 |
| PAYX Paychex Inc. | Reduce -0.1% | 2.42% | −0.18 |
| JNJ Johnson & Johnson | Reduce -0.0% | 1.75% | −0.17 |
| LII Lennox International Inc. | Reduce -4.1% | 2.37% | −0.13 |
| WBA Walgreens Boots Alliance Inc. | Reduce -0.8% | 0.37% | −0.13 |
| SASR Sandy Spring Bancorp Inc. | Reduce -9.4% | 0.23% | −0.10 |
| CABO Cable One Inc. | Reduce -4.1% | 0.17% | −0.09 |
| GLW Corning Inc. | Reduce -6.0% | 0.92% | −0.08 |
| KO The Coca-Cola Co. | Reduce -1.8% | 0.92% | −0.08 |
| NSC Norfolk Southern Corp. | Reduce -0.6% | 2.01% | −0.07 |
| CHKP Check Point Software Tech | Reduce -2.5% | 0.91% | −0.05 |
| EGBN Eagle Bancorp Inc. | Reduce -2.3% | 0.11% | −0.05 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.05 |
| JEF Jefferies Financial Group Inc. | Reduce -0.4% | 1.83% | −0.03 |
| CVX Chevron Corp. | Reduce -0.0% | 0.49% | −0.02 |
| MRSH Marsh & McLennan Cos | Reduce -0.2% | 1.02% | −0.02 |
| CVS CVS Health Corp. | Reduce -5.7% | 0.12% | −0.02 |
| DHR Danaher Corp. | Reduce -1.0% | 0.44% | −0.02 |
| GM General Motors Co. | Reduce -25.0% | 0.09% | −0.02 |
| MO Altria Group Inc. | Reduce -10.4% | 0.11% | −0.01 |
| TFC Truist Financial Corp. | Reduce -11.3% | 0.07% | −0.01 |
| SHEL Shell PLC-ADR | Reduce -8.2% | 0.07% | −0.01 |
| VTS Vitesse Energy Inc. | Reduce -5.9% | 0.10% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -16.7% | 0.05% | −0.01 |
| WAVEDANCER INC | Sold out | 0.00% | −0.01 |
| GHC Graham Holdings Co. Class B | Reduce -0.1% | 0.80% | −0.00 |
| HAS Hasbro Inc. | Reduce -0.9% | 0.37% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.4% | 0.17% | −0.00 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.4% | 0.11% | −0.00 |
| CAT Caterpillar Inc. | Reduce -12.1% | 0.12% | −0.00 |
| F Ford Motor Co. | Reduce -2.7% | 0.04% | −0.00 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.5% | 0.06% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -0.6% | 0.23% | +0.00 |
| SEIC Sei Investments Company | Reduce -1.3% | 0.29% | +0.00 |
| BAC Bank of America Corp. | Reduce -0.7% | 0.49% | +0.01 |
| AON Aon PLC Class A | Reduce -1.7% | 0.48% | +0.01 |
| WFC Wells Fargo & Co. | Reduce -1.5% | 0.21% | +0.01 |
| MRK Merck & Co. Inc. | Reduce -2.6% | 0.21% | +0.01 |
| L Loews Corp. | Reduce -0.6% | 1.36% | +0.02 |
| TROW T Rowe Price Group Inc. | Reduce -0.9% | 2.47% | +0.03 |
| NVDA Nvidia Corp. | Reduce -6.6% | 0.12% | +0.04 |
| SPOT Spotify Technology SA | Reduce -13.6% | 0.61% | +0.05 |
| ESAB Esab Corp. | Reduce -6.1% | 1.02% | +0.08 |
| PH Parker Hannifin Corp. | Reduce -0.1% | 1.35% | +0.11 |
| DIS The Walt Disney Co. | Reduce -2.5% | 1.02% | +0.17 |
| META Meta Platforms Inc. Class A | Reduce -3.9% | 3.00% | +0.48 |
| PGR Progressive Corp. | Reduce -1.0% | 4.52% | +0.63 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.8% | 12.09% | +0.66 |
Portfolio Buys Q4 2023 → Q1 2024
| KLAC KLA Corp. | Add +1.4% | 3.08% | +0.28 |
| AZO AutoZone Inc. | Add +0.4% | 2.32% | +0.22 |
| MHK Mohawk Industries Inc. | Add +0.7% | 0.74% | +0.10 |
| LOW Lowe's Cos Inc. | Add +0.5% | 2.54% | +0.10 |
| BKNG Booking Holdings Inc. | New | 0.09% | +0.09 |
| ANET Arista Networks Inc. | Add +1.2% | 0.56% | +0.06 |
| AMZN Amazon.com Inc. | Add +3.6% | 0.57% | +0.06 |
| XOM Exxon Mobil Corp. | Add +1.4% | 0.94% | +0.06 |
| LLY Eli Lilly & Co. | New | 0.06% | +0.06 |
| GEHC GE Healthcare Technology | New | 0.05% | +0.05 |
| EMR Emerson Electric Co. | New | 0.05% | +0.05 |
| PANW Palo Alto Networks Inc. | New | 0.05% | +0.05 |
| ADSK Autodesk Inc. | New | 0.05% | +0.05 |
| VLTO Veralto Corp. | New | 0.05% | +0.05 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.05% | +0.05 |
| OTIS Otis Worldwide Corp. | Add +22.2% | 0.24% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +0.8% | 0.64% | +0.04 |
| MTD Mettler-Toledo International | Add +21.4% | 0.25% | +0.04 |
| MSFT Microsoft Corp. | Add +0.1% | 3.32% | +0.04 |
| PYPL PayPal Holdings Inc. | Add +7.3% | 0.74% | +0.04 |
| MCD McDonald's Corp. | Add +33.3% | 0.27% | +0.03 |
| TXN Texas Instruments Inc. | Add +17.2% | 0.46% | +0.03 |
| V Visa Inc. Class A | Add +8.6% | 0.43% | +0.02 |
| WBD Warner Bros Discovery Inc. | New | 0.02% | +0.02 |
| GPC Genuine Parts Co. | Add +0.1% | 1.70% | +0.02 |
| ADBE Adobe Inc. | Add +59.5% | 0.09% | +0.02 |
| AVGO Broadcom Inc. | Add +8.0% | 0.10% | +0.01 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.9% | 0.09% | +0.01 |
| AOS Smith (a.o.) Corp. | Add +3.4% | 0.81% | +0.01 |
| MAR Marriott International Class A | Add +13.0% | 0.09% | +0.01 |
| ALLE Allegion PLC | Add +5.0% | 0.96% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +8.5% | 0.10% | +0.01 |
| ADP Automatic Data Processing | Add +5.5% | 0.21% | +0.00 |
| SPGI S&P Global Inc. | Add +18.6% | 0.06% | +0.00 |
| HD Home Depot Inc. | Add +0.1% | 0.06% | +0.00 |
| PG The Procter & Gamble Co. | Add +0.1% | 0.08% | +0.00 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +1.1% | 0.09% | −0.00 |
| SLB SLB Ltd. | Add +4.3% | 0.15% | −0.00 |
| ZTS Zoetis Inc. | Add +25.3% | 0.05% | −0.00 |
| GLD SPDR Gold Shares | Add +0.8% | 0.09% | −0.00 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +2.5% | 0.06% | −0.00 |
| INTU Intuit Inc. | Add +0.6% | 0.05% | −0.00 |
| LULU Lululemon Athletica Inc. | Add +34.1% | 0.05% | −0.00 |
| FDS Factset Research Systems Inc. | Add +1.4% | 0.05% | −0.01 |
| ULTA Ulta Beauty Inc. | Add +1.4% | 0.53% | −0.01 |
| HON Honeywell International Inc. | Add +6.3% | 0.19% | −0.01 |
| UNH Unitedhealth Group Inc. | Add +4.7% | 0.13% | −0.02 |
| HSY The Hershey Co. | Add +0.8% | 0.40% | −0.02 |
| WHR Whirlpool Corp. | Add +1.1% | 0.24% | −0.03 |
| WAT Waters Corp. | Add +0.7% | 0.66% | −0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 162 | $542.4M | BRK.B, KLAC, MKL, GOOG, PGR |
| Q1 2026 | 158 | $493.9M | BRK.B, MKL, KLAC, GOOG, PGR |
| Q4 2025 | 156 | $529.1M | BRK.B, MKL, KLAC, GOOG, PGR |
| Q3 2025 | 156 | $522.2M | BRK.B, MKL, PGR, KLAC, META |
| Q2 2025 | 151 | $494.8M | BRK.B, MKL, PGR, META, MSFT |
| Q1 2025 | 146 | $472.8M | BRK.B, MKL, PGR, META, MSFT |
| Q4 2024 | 149 | $466.6M | BRK.B, MKL, PGR, META, MSFT |
| Q3 2024Amended | 146 | $474.3M | BRK.B, MKL, PGR, META, MSFT |
| Q2 2024 | 142 | $439.8M | BRK.B, MKL, PGR, KLAC, MSFT |
| Q1 2024 | 141 | $445.1M | BRK.B, MKL, PGR, MSFT, KLAC |