Lafayette Investments, Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 31, 2024), Lafayette Investments, Inc. reported 142 stock positions worth $439.8 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 11.6% of the portfolio, followed by Markel (MKL, 7.3%) and Progressive (PGR, 4.6%). Compared with Q1 2024, it opened 7 new positions, sold out of 6, added to 54 and reduced 57. The biggest buy was a new position in Paycom Software (PAYC) and the biggest sale an exit from Spotify Technology (SPOT).
- Most Recent 13F
- Q2 2026
- Location
- ASHTON, MD
- CIK
- 0001308377
- Portfolio Value
- $439.8M (Q2 2024)
- SEC Filing
- 0001308377-24-000003 ↗ filed Jul 31, 2024
Holdings Value
Holdings 142 stocks · $439.8M
| BRK.B Berkshire Hathaway Inc. Class B | 11.60% | 125,419 | $51.0M | Reduce -2.0% |
| MKL Markel Group Inc. | 7.33% | 20,459 | $32.2M | Add +0.2% |
| PGR Progressive Corp. | 4.56% | 96,470 | $20.0M | Reduce -0.9% |
| KLAC KLA Corp. | 3.66% | 19,518 | $16.1M | Reduce -0.4% |
| MSFT Microsoft Corp. | 3.62% | 35,597 | $15.9M | Add +1.4% |
| META Meta Platforms Inc. Class A | 3.16% | 27,525 | $13.9M | Reduce -0.0% |
| GOOG Alphabet Inc. Class C | 2.95% | 70,653 | $13.0M | Reduce -0.0% |
| AAPL Apple Inc. | 2.79% | 58,355 | $12.3M | Add +0.1% |
| LII Lennox International Inc. | 2.61% | 21,436 | $11.5M | Reduce -0.5% |
| LOW Lowe's Cos Inc. | 2.38% | 47,487 | $10.5M | Add +6.9% |
| PAYX Paychex Inc. | 2.36% | 87,508 | $10.4M | Reduce -0.1% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 2.30% | 87,606 | $10.1M | Reduce -2.7% |
| AZO AutoZone Inc. | 2.21% | 3,278 | $9.7M | Add +0.1% |
| JEF Jefferies Financial Group Inc. | 2.07% | 182,576 | $9.1M | Reduce -1.2% |
| LMT Lockheed Martin Corp. | 1.89% | 17,796 | $8.3M | Add +0.1% |
| NSC Norfolk Southern Corp. | 1.68% | 34,443 | $7.4M | Reduce -1.7% |
| SCHW Schwab (charles) Corp. | 1.63% | 96,997 | $7.1M | Reduce -0.0% |
| JNJ Johnson & Johnson | 1.61% | 48,341 | $7.1M | Reduce -2.0% |
| DEO Diageo PLC-Sponsored ADR | 1.57% | 54,751 | $6.9M | Add +2.3% |
| GPC Genuine Parts Co. | 1.53% | 48,574 | $6.7M | Reduce -0.6% |
| PEP Pepsico Inc. | 1.51% | 40,360 | $6.7M | Add +0.5% |
| B Barrick Gold Corp. | 1.30% | 343,340 | $5.7M | Add +2.4% |
| L Loews Corp. | 1.30% | 76,374 | $5.7M | Reduce -0.9% |
| SBUX Starbucks Corp. | 1.29% | 72,740 | $5.7M | Add +4.7% |
| PH Parker Hannifin Corp. | 1.24% | 10,802 | $5.5M | Reduce -0.0% |
| COST Costco Wholesale Corp. | 1.21% | 6,270 | $5.3M | Reduce -0.8% |
| MRSH Marsh & McLennan Cos | 1.06% | 22,033 | $4.6M | Reduce -0.2% |
| KO The Coca-Cola Co. | 0.96% | 66,386 | $4.2M | Reduce -1.3% |
| XOM Exxon Mobil Corp. | 0.93% | 35,356 | $4.1M | Reduce -1.3% |
| CHKP Check Point Software Tech | 0.92% | 24,559 | $4.1M | Reduce -0.2% |
| ACN Accenture PLC Class A | 0.92% | 13,267 | $4.0M | Add +0.9% |
| ALLE Allegion PLC | 0.87% | 32,501 | $3.8M | Add +2.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.81% | 36,078 | $3.6M | Reduce -2.5% |
| ESAB Esab Corp. | 0.80% | 37,490 | $3.5M | Reduce -8.3% |
| PAYC Paycom Software Inc. | 0.79% | 24,365 | $3.5M | New |
| AOS Smith (a.o.) Corp. | 0.75% | 40,248 | $3.3M | Reduce 0.0% |
| GHC Graham Holdings Co. Class B | 0.72% | 4,525 | $3.2M | Reduce -2.2% |
| ANET Arista Networks Inc. | 0.69% | 8,613 | $3.0M | No change |
| PYPL PayPal Holdings Inc. | 0.68% | 51,692 | $3.0M | Add +4.7% |
| MHK Mohawk Industries Inc. | 0.66% | 25,423 | $2.9M | Add +0.9% |
| MSGS Madison Square Garden Sports | 0.65% | 15,227 | $2.9M | Reduce -1.8% |
| JPM JPMorgan Chase & Co. | 0.65% | 14,116 | $2.9M | Reduce -0.1% |
| GLW Corning Inc. | 0.65% | 73,307 | $2.8M | Reduce -41.3% |
| AMZN Amazon.com Inc. | 0.65% | 14,686 | $2.8M | Add +3.5% |
| WAT Waters Corp. | 0.57% | 8,586 | $2.5M | Add +0.7% |
| TXN Texas Instruments Inc. | 0.52% | 11,679 | $2.3M | Add +0.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.51% | 56,506 | $2.2M | Reduce -1.3% |
| CVX Chevron Corp. | 0.48% | 13,625 | $2.1M | Reduce -1.2% |
| DHR Danaher Corp. | 0.45% | 7,857 | $2.0M | Reduce -0.3% |
| AON Aon PLC Class A | 0.44% | 6,568 | $1.9M | Add +2.0% |
| V Visa Inc. Class A | 0.43% | 7,200 | $1.9M | Add +4.2% |
| ULTA Ulta Beauty Inc. | 0.42% | 4,806 | $1.9M | Add +6.6% |
| NKE Nike Inc. Class B | 0.41% | 24,175 | $1.8M | Add +9.7% |
| INTC Intel Corp. | 0.41% | 58,396 | $1.8M | Add +3.0% |
| HAS Hasbro Inc. | 0.39% | 29,173 | $1.7M | Reduce -0.3% |
| HSY The Hershey Co. | 0.38% | 8,979 | $1.7M | Reduce -1.9% |
| MCD McDonald's Corp. | 0.35% | 6,093 | $1.6M | Add +40.8% |
| CTSH Cognizant Tech Solutions-A | 0.27% | 17,635 | $1.2M | Reduce -0.0% |
| MTD Mettler-Toledo International | 0.26% | 833 | $1.2M | Reduce -0.1% |
| SEIC Sei Investments Company | 0.25% | 16,990 | $1.1M | Reduce -3.8% |
| SASR Sandy Spring Bancorp Inc. | 0.24% | 43,503 | $1.1M | Reduce -2.9% |
| OTIS Otis Worldwide Corp. | 0.23% | 10,626 | $1.0M | Add +0.1% |
| VZ Verizon Communications Inc. | 0.23% | 24,109 | $994K | Reduce -1.0% |
| WFC Wells Fargo & Co. | 0.22% | 15,995 | $950K | No change |
| ADP Automatic Data Processing | 0.21% | 3,886 | $928K | Add +5.2% |
| WHR Whirlpool Corp. | 0.21% | 8,954 | $915K | Add +0.1% |
| WBA Walgreens Boots Alliance Inc. | 0.21% | 75,003 | $907K | Reduce -1.1% |
| GSK GSK PLC-Spon ADR | 0.20% | 23,300 | $897K | Reduce -5.3% |
| MRK Merck & Co. Inc. | 0.19% | 6,908 | $855K | Reduce -0.4% |
| HON Honeywell International Inc. | 0.19% | 3,940 | $841K | Reduce -6.0% |
| NVDA Nvidia Corp. | 0.16% | 5,710 | $705K | Add +0.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.16% | 1,275 | $694K | Reduce -10.5% |
| GD General Dynamics Corp. | 0.15% | 2,210 | $641K | No change |
| AVGO Broadcom Inc. | 0.14% | 393 | $631K | Add +16.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.14% | 3,584 | $620K | Reduce -2.0% |
| ADBE Adobe Inc. | 0.14% | 1,114 | $619K | Add +34.5% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.14% | 13,000 | $613K | Add +8.3% |
| CABO Cable One Inc. | 0.13% | 1,670 | $591K | Reduce -8.2% |
| FISV Fiserv Inc. | 0.13% | 3,874 | $577K | Reduce -4.9% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.13% | 4,000 | $571K | No change |
| PFE Pfizer Inc. | 0.13% | 20,299 | $568K | Add +15.7% |
| TT Trane Technologies PLC | 0.13% | 1,722 | $566K | No change |
| GOOGL Alphabet Inc. Class A | 0.13% | 3,032 | $552K | Add +0.5% |
| CAT Caterpillar Inc. | 0.11% | 1,450 | $483K | No change |
| BF.B Brown-Forman Corp. Class B | 0.11% | 11,151 | $482K | New |
| UNH Unitedhealth Group Inc. | 0.11% | 925 | $471K | Reduce -17.8% |
| BKNG Booking Holdings Inc. | 0.10% | 116 | $460K | Add +9.4% |
| TMO Thermo Fisher Scientific Inc. | 0.10% | 830 | $459K | Add +2.1% |
| VTS Vitesse Energy Inc. | 0.10% | 19,336 | $458K | Reduce -0.5% |
| RTX RTX Corp. | 0.10% | 4,476 | $449K | Reduce -10.5% |
| MO Altria Group Inc. | 0.10% | 9,788 | $446K | Reduce -9.3% |
| FDX FedEx Corp. | 0.10% | 1,445 | $433K | Add +8.7% |
| GLD SPDR Gold Shares | 0.10% | 2,013 | $433K | Reduce -1.2% |
| GM General Motors Co. | 0.10% | 9,079 | $422K | Add +0.8% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.10% | 6,290 | $421K | Add +8.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.09% | 407 | $416K | Reduce -5.6% |
| DPZ Domino's Pizza Inc. | 0.09% | 791 | $408K | No change |
| ALRS Alerus Financial Corp. | 0.09% | 20,100 | $394K | No change |
| T AT&T Inc. | 0.09% | 20,599 | $394K | Add +1.4% |
| MAR Marriott International Class A | 0.09% | 1,624 | $393K | Add +8.1% |
Portfolio Sells Q1 2024 → Q2 2024
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.61 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.0% | 11.60% | −0.49 |
| NSC Norfolk Southern Corp. | Reduce -1.7% | 1.68% | −0.33 |
| GLW Corning Inc. | Reduce -41.3% | 0.65% | −0.28 |
| ESAB Esab Corp. | Reduce -8.3% | 0.80% | −0.21 |
| DIS The Walt Disney Co. | Reduce -2.5% | 0.81% | −0.20 |
| GPC Genuine Parts Co. | Reduce -0.6% | 1.53% | −0.17 |
| TROW T Rowe Price Group Inc. | Reduce -2.7% | 2.30% | −0.17 |
| WBA Walgreens Boots Alliance Inc. | Reduce -1.1% | 0.21% | −0.16 |
| JNJ Johnson & Johnson | Reduce -2.0% | 1.61% | −0.15 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.12 |
| ARCC Ares Capital Corp. | Sold out | 0.00% | −0.11 |
| PH Parker Hannifin Corp. | Reduce -0.0% | 1.24% | −0.11 |
| NLY Annaly Capital Management Inc. | Sold out | 0.00% | −0.09 |
| GHC Graham Holdings Co. Class B | Reduce -2.2% | 0.72% | −0.08 |
| AOS Smith (a.o.) Corp. | Reduce 0.0% | 0.75% | −0.06 |
| PAYX Paychex Inc. | Reduce -0.1% | 2.36% | −0.06 |
| L Loews Corp. | Reduce -0.9% | 1.30% | −0.06 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.05 |
| CABO Cable One Inc. | Reduce -8.2% | 0.13% | −0.04 |
| SEIC Sei Investments Company | Reduce -3.8% | 0.25% | −0.04 |
| EGBN Eagle Bancorp Inc. | Reduce -12.6% | 0.08% | −0.03 |
| GSK GSK PLC-Spon ADR | Reduce -5.3% | 0.20% | −0.03 |
| AGNC AGNC Investment Corp. | Sold out | 0.00% | −0.03 |
| HSY The Hershey Co. | Reduce -1.9% | 0.38% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -17.8% | 0.11% | −0.02 |
| CTSH Cognizant Tech Solutions-A | Reduce -0.0% | 0.27% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -2.0% | 0.14% | −0.02 |
| FISV Fiserv Inc. | Reduce -4.9% | 0.13% | −0.01 |
| AXP American Express Co. | Reduce -16.6% | 0.08% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -0.4% | 0.19% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -1.3% | 0.93% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -10.5% | 0.16% | −0.01 |
| RTX RTX Corp. | Reduce -10.5% | 0.10% | −0.01 |
| ABBV Abbvie Inc. | Reduce -2.9% | 0.09% | −0.01 |
| MO Altria Group Inc. | Reduce -9.3% | 0.10% | −0.00 |
| CVX Chevron Corp. | Reduce -1.2% | 0.48% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -1.0% | 0.23% | −0.00 |
| WBD Warner Bros Discovery Inc. | Reduce -0.2% | 0.02% | −0.00 |
| HON Honeywell International Inc. | Reduce -6.0% | 0.19% | −0.00 |
| VTS Vitesse Energy Inc. | Reduce -0.5% | 0.10% | +0.00 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -5.6% | 0.09% | +0.00 |
| LLY Eli Lilly & Co. | Reduce -12.3% | 0.06% | +0.00 |
| GLD SPDR Gold Shares | Reduce -1.2% | 0.10% | +0.00 |
| DHR Danaher Corp. | Reduce -0.3% | 0.45% | +0.00 |
| QCOM Qualcomm Inc. | Reduce -6.5% | 0.05% | +0.01 |
| SASR Sandy Spring Bancorp Inc. | Reduce -2.9% | 0.24% | +0.01 |
| MSGS Madison Square Garden Sports | Reduce -1.8% | 0.65% | +0.01 |
| JPM JPMorgan Chase & Co. | Reduce -0.1% | 0.65% | +0.01 |
| CHKP Check Point Software Tech | Reduce -0.2% | 0.92% | +0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| PAYC Paycom Software Inc. | New | 0.79% | +0.79 |
| AAPL Apple Inc. | Add +0.1% | 2.79% | +0.55 |
| MKL Markel Group Inc. | Add +0.2% | 7.33% | +0.35 |
| MSFT Microsoft Corp. | Add +1.4% | 3.62% | +0.30 |
| BF.B Brown-Forman Corp. Class B | New | 0.11% | +0.11 |
| MCD McDonald's Corp. | Add +40.8% | 0.35% | +0.08 |
| LMT Lockheed Martin Corp. | Add +0.1% | 1.89% | +0.07 |
| AMZN Amazon.com Inc. | Add +3.5% | 0.65% | +0.07 |
| VIGI Vanguard Int Div App Indx FD | New | 0.06% | +0.06 |
| TXN Texas Instruments Inc. | Add +0.0% | 0.52% | +0.06 |
| ETN Eaton Corp. PLC | New | 0.05% | +0.05 |
| MA Mastercard Inc. Class A | New | 0.05% | +0.05 |
| FICO Fair Isaac Corp. | New | 0.05% | +0.05 |
| B Barrick Gold Corp. | Add +2.4% | 1.30% | +0.05 |
| ADBE Adobe Inc. | Add +34.5% | 0.14% | +0.05 |
| NVDA Nvidia Corp. | Add +0.2% | 0.16% | +0.04 |
| INFY Infosys Ltd.-SP ADR | New | 0.04% | +0.04 |
| AVGO Broadcom Inc. | Add +16.3% | 0.14% | +0.04 |
| GOOGL Alphabet Inc. Class A | Add +0.5% | 0.13% | +0.02 |
| PFE Pfizer Inc. | Add +15.7% | 0.13% | +0.02 |
| BKNG Booking Holdings Inc. | Add +9.4% | 0.10% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +29.2% | 0.06% | +0.02 |
| ZTS Zoetis Inc. | Add +27.4% | 0.06% | +0.02 |
| FDX FedEx Corp. | Add +8.7% | 0.10% | +0.01 |
| VLTO Veralto Corp. | Add +12.6% | 0.06% | +0.01 |
| FDS Factset Research Systems Inc. | Add +31.4% | 0.06% | +0.01 |
| T AT&T Inc. | Add +1.4% | 0.09% | +0.01 |
| SPGI S&P Global Inc. | Add +8.5% | 0.07% | +0.01 |
| SCHX Schwab US Large-Cap ETF | Add +9.1% | 0.07% | +0.01 |
| GEHC GE Healthcare Technology | Add +33.5% | 0.06% | +0.01 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +8.0% | 0.10% | +0.01 |
| ABT Abbott Laboratories | Add +19.1% | 0.06% | +0.01 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +11.3% | 0.06% | +0.00 |
| GM General Motors Co. | Add +0.8% | 0.10% | +0.00 |
| MAR Marriott International Class A | Add +8.1% | 0.09% | +0.00 |
| PG The Procter & Gamble Co. | Add +1.9% | 0.08% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +0.5% | 0.07% | +0.00 |
| ADP Automatic Data Processing | Add +5.2% | 0.21% | +0.00 |
| INTU Intuit Inc. | Add +3.6% | 0.05% | +0.00 |
| LULU Lululemon Athletica Inc. | Add +33.8% | 0.05% | +0.00 |
| EMR Emerson Electric Co. | Add +3.5% | 0.05% | +0.00 |
| TMO Thermo Fisher Scientific Inc. | Add +2.1% | 0.10% | −0.00 |
| V Visa Inc. Class A | Add +4.2% | 0.43% | −0.00 |
| OTIS Otis Worldwide Corp. | Add +0.1% | 0.23% | −0.00 |
| HD Home Depot Inc. | Add +1.5% | 0.06% | −0.01 |
| SLB SLB Ltd. | Add +8.3% | 0.14% | −0.01 |
| WHR Whirlpool Corp. | Add +0.1% | 0.21% | −0.03 |
| AON Aon PLC Class A | Add +2.0% | 0.44% | −0.04 |
| NKE Nike Inc. Class B | Add +9.7% | 0.41% | −0.05 |
| PYPL PayPal Holdings Inc. | Add +4.7% | 0.68% | −0.06 |
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 |