Lafayette Investments, Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 27, 2026), Lafayette Investments, Inc. reported 158 stock positions worth $493.9 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 11.4% of the portfolio, followed by Markel (MKL, 7.7%) and KLA (KLAC, 5.1%). Compared with Q4 2025, it opened 9 new positions, sold out of 7, added to 43 and reduced 69. The biggest buy was Salesforce (CRM, shares +568%) and the biggest sale Barrick Mining (B, shares −25%).

Most Recent 13F
Q2 2026
Location
ASHTON, MD
CIK
0001308377
Portfolio Value
$493.9M (Q1 2026)
SEC Filing
0001308377-26-000002 ↗ filed Apr 27, 2026

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $445.1M Q1 2024 Q2 2024: $439.8M Q2 2024 Q3 2024: $474.3M Q3 2024 Q4 2024: $466.6M Q4 2024 Q1 2025: $472.8M Q1 2025 Q2 2025: $494.8M Q2 2025 Q3 2025: $522.2M Q3 2025 Q4 2025: $529.1M Q4 2025 Q1 2026: $493.9M $493.9M Q1 2026 Q2 2026: $542.4M Q2 2026

Holdings 158 stocks · $493.9M
BRK.B Berkshire Hathaway Inc. Class B 11.36% 117,082 $56.1M Reduce -1.5%
MKL Markel Group Inc. 7.71% 19,901 $38.1M Reduce -2.4%
KLAC KLA Corp. 5.07% 17,017 $25.1M Reduce -10.3%
GOOG Alphabet Inc. Class C 4.06% 69,977 $20.1M Reduce -1.9%
PGR Progressive Corp. 3.53% 88,022 $17.4M Reduce -0.9%
META Meta Platforms Inc. Class A 3.27% 28,245 $16.2M Reduce -2.1%
AAPL Apple Inc. 2.97% 57,744 $14.7M Reduce -0.7%
MSFT Microsoft Corp. 2.76% 36,807 $13.6M Add +0.6%
JNJ Johnson & Johnson 2.15% 43,382 $10.6M Reduce -2.9%
LOW Lowe's Cos Inc. 2.10% 43,928 $10.4M Reduce -0.2%
B Barrick Mining Corp. 2.03% 245,333 $10.0M Reduce -25.3%
NSC Norfolk Southern Corp. 1.85% 31,895 $9.2M Reduce -4.6%
AZO AutoZone Inc. 1.85% 2,704 $9.1M Reduce -1.3%
SCHW Schwab (charles) Corp. 1.81% 94,860 $8.9M Reduce -0.9%
PAYX Paychex Inc. 1.67% 89,504 $8.2M Add +0.1%
LMT Lockheed Martin Corp. 1.66% 13,528 $8.2M Reduce -0.4%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 1.57% 85,810 $7.7M Add +0.7%
L Loews Corp. 1.55% 71,880 $7.7M Reduce -1.4%
PEP Pepsico Inc. 1.45% 45,959 $7.1M Reduce -2.1%
XOM Exxon Mobil Corp. 1.39% 40,489 $6.9M Reduce -1.5%
JEF Jefferies Financial Group Inc. 1.15% 137,608 $5.7M Add +0.0%
PAYC Paycom Software Inc. 1.11% 45,308 $5.5M Add +38.4%
SBUX Starbucks Corp. 1.05% 57,904 $5.2M Reduce -9.3%
COST Costco Wholesale Corp. 1.01% 4,992 $5.0M Add +2.0%
AMZN Amazon.com Inc. 0.99% 23,527 $4.9M Add +4.0%
GPC Genuine Parts Co. 0.98% 45,712 $4.8M Reduce -1.1%
KO The Coca-Cola Co. 0.97% 63,091 $4.8M Reduce -0.8%
JPM JPMorgan Chase & Co. 0.93% 15,660 $4.6M Reduce -1.4%
PH Parker Hannifin Corp. 0.92% 5,055 $4.5M Reduce -9.2%
GHC Graham Holdings Co. Class B 0.91% 4,250 $4.5M Reduce -0.9%
MSGS Madison Square Garden Sports 0.87% 13,354 $4.3M Reduce -1.0%
LII Lennox International Inc. 0.84% 8,977 $4.2M Reduce -2.9%
ALLE Allegion PLC 0.69% 23,598 $3.4M Reduce -2.0%
MRSH Marsh & McLennan Cos 0.68% 19,247 $3.3M Reduce -0.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.67% 34,206 $3.3M Reduce -1.6%
ADBE Adobe Inc. 0.66% 13,472 $3.3M Add +107.9%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.66% 2,475 $3.3M No change
ESAB Esab Corp. 0.65% 33,329 $3.2M Reduce -2.7%
ACN Accenture PLC Class A 0.65% 16,187 $3.2M Add +2.2%
TXN Texas Instruments Inc. 0.64% 16,308 $3.2M Reduce -4.0%
PYPL PayPal Holdings Inc. 0.62% 67,759 $3.1M Add +4.9%
CHKP Check Point Software Tech 0.62% 21,408 $3.1M Reduce -3.3%
AOS Smith (a.o.) Corp. 0.62% 46,161 $3.0M Reduce -3.8%
V Visa Inc. Class A 0.55% 9,066 $2.7M Add +4.4%
DEO Diageo PLC-Sponsored ADR 0.55% 36,681 $2.7M Add +0.4%
ANET Arista Networks Inc. 0.55% 21,946 $2.7M Reduce -17.6%
NVO Novo-Nordisk A/S-Spons ADR 0.54% 72,455 $2.7M Add +4.8%
CVX Chevron Corp. 0.51% 12,231 $2.5M Reduce -3.5%
HAS Hasbro Inc. 0.50% 26,162 $2.4M Reduce -1.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.49% 50,130 $2.4M Reduce -0.6%
AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO 0.48% 45,292 $2.4M Add +1.6%
CMG Chipotle Mexican Grill Inc. 0.48% 74,581 $2.4M Add +0.3%
CRM Salesforce Inc. 0.47% 12,536 $2.3M Add +567.5%
MHK Mohawk Industries Inc. 0.47% 23,626 $2.3M Reduce -4.8%
GLW Corning Inc. 0.47% 17,102 $2.3M Reduce -54.8%
NKE Nike Inc. Class B 0.45% 42,195 $2.2M Reduce -2.8%
AON Aon PLC Class A 0.44% 6,800 $2.2M Add +1.9%
AVGO Broadcom Inc. 0.40% 6,404 $2.0M Add +2.1%
WAT Waters Corp. 0.39% 6,421 $1.9M Reduce -5.0%
MCD McDonald's Corp. 0.36% 5,765 $1.8M Add +1.9%
HSY The Hershey Co. 0.35% 8,232 $1.7M Reduce -0.2%
BF.B Brown-Forman Corp. Class B 0.33% 61,187 $1.6M Reduce -2.0%
GSK GSK PLC-Spon ADR 0.26% 23,060 $1.3M Reduce -1.0%
DHR Danaher Corp. 0.26% 6,678 $1.3M Reduce -13.6%
CAT Caterpillar Inc. 0.25% 1,736 $1.2M No change
NVDA Nvidia Corp. 0.24% 6,933 $1.2M No change
SEIC Sei Investments Company 0.24% 15,221 $1.2M Reduce -0.3%
OTIS Otis Worldwide Corp. 0.24% 15,138 $1.2M Reduce -2.2%
MRK Merck & Co. Inc. 0.23% 9,635 $1.2M Reduce -0.5%
CRWD CrowdStrike Holdings Inc. Class A 0.23% 2,875 $1.1M Add +11.7%
BKNG Booking Holdings Inc. 0.23% 265 $1.1M Add +4.3%
WFC Wells Fargo & Co. 0.22% 13,618 $1.1M Reduce -0.5%
CTSH Cognizant Tech Solutions-A 0.21% 17,274 $1.1M Add +4.7%
GOOGL Alphabet Inc. Class A 0.21% 3,685 $1.1M Reduce -2.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.21% 4,292 $1.0M Add +11.7%
INTU Intuit Inc. 0.21% 2,366 $1.0M Add +239.0%
RSP Invesco S&P 500 Equal Weight 0.20% 5,146 $988K Add +12.6%
FDS Factset Research Systems Inc. 0.20% 4,524 $982K Add +1.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.20% 1,489 $968K No change
RTX RTX Corp. 0.19% 4,933 $952K No change
VZ Verizon Communications Inc. 0.18% 18,161 $912K Reduce -15.0%
GLD SPDR Gold Shares 0.18% 2,074 $892K Reduce -0.8%
UBER Uber Technologies Inc. 0.18% 12,066 $868K Add +16.8%
VTI VG Morningstar TS MKT ETF-US 0.17% 2,614 $839K Add +12.7%
ETN Eaton Corp. PLC 0.17% 2,330 $833K Reduce -5.1%
HON Honeywell International Inc. 0.16% 3,440 $778K No change
SPGI S&P Global Inc. 0.16% 1,813 $771K Add +62.6%
PANW Palo Alto Networks Inc. 0.15% 4,482 $719K Add +4.7%
BRK.A Berkshire Hathaway Inc. Class A 0.15% 1 $718K No change
TT Trane Technologies PLC 0.15% 1,722 $718K No change
ABNB Airbnb Inc. Class A 0.14% 5,631 $711K Add +8.0%
ZTS Zoetis Inc. 0.14% 5,862 $693K Add +28.0%
SLB SLB Ltd. filed as SLB LIMITED 0.14% 13,000 $668K No change
FNDX Schwab Fndmntl US LRG Co. ETF 0.13% 23,747 $661K No change
ADP Automatic Data Processing 0.12% 3,032 $616K Add +4.8%
SCHK Schwab 1000 Index ETF 0.12% 19,461 $610K New
MO Altria Group Inc. 0.12% 9,188 $606K No change
GD General Dynamics Corp. 0.12% 1,749 $600K Reduce -3.7%
FDX FedEx Corp. 0.12% 1,619 $577K No change
VIGI Vanguard Int Div App Indx FD 0.11% 6,257 $554K Add +4.1%
PFE Pfizer Inc. 0.11% 19,399 $545K Reduce -3.9%
ALRS Alerus Financial Corp. 0.11% 21,900 $519K No change
DUK Duke Energy Corp. 0.10% 3,914 $513K No change
T AT&T Inc. 0.09% 15,104 $438K Add +1.9%
SCHX Schwab US Large-Cap ETF 0.09% 16,847 $432K No change
COF Capital One Financial Corp. 0.09% 2,342 $427K Reduce -11.4%
NFLX Netflix Inc. 0.08% 4,354 $419K Add +15.2%
FNV Franco-Nevada Corp. 0.08% 1,675 $414K Reduce -35.9%
TMO Thermo Fisher Scientific Inc. 0.08% 835 $410K No change
DPZ Domino's Pizza Inc. 0.08% 1,123 $403K Add +8.4%
FNDA Schwab Fndmntl US SM Co. ETF 0.08% 12,326 $400K No change
MTD Mettler-Toledo International 0.08% 308 $388K No change
VEA Vanguard Ftse Developed ETF 0.08% 6,025 $386K Reduce -7.0%
SHEL Shell PLC-ADR 0.08% 4,103 $382K No change
EGBN Eagle Bancorp Inc. 0.08% 15,200 $378K Reduce -5.0%
VOO Vanguard S&P 500 ETF 0.08% 630 $377K No change
QCOM Qualcomm Inc. 0.08% 2,894 $373K No change
ABBV Abbvie Inc. 0.07% 1,691 $368K No change
AXP American Express Co. 0.07% 1,202 $364K Add +23.4%
ALL Allstate Corp. 0.07% 1,685 $349K No change
VLTO Veralto Corp. 0.07% 3,900 $345K No change
WMT Walmart Inc. 0.07% 2,711 $337K Add +8.7%
MA Mastercard Inc. Class A 0.07% 666 $333K Add +6.0%
AUB Atlantic Union Bankshares Co. 0.07% 9,145 $327K No change
FAST Fastenal Co. 0.06% 6,904 $320K No change
MAR Marriott International Class A 0.06% 965 $315K Reduce -21.8%
MS Morgan Stanley 0.06% 1,847 $304K No change
VTS Vitesse Energy Inc. 0.06% 16,497 $300K Reduce -5.8%
FTNT Fortinet Inc. 0.06% 3,637 $297K Add +6.9%
HLN Haleon PLC-ADR 0.06% 28,804 $288K Reduce -1.0%
KHC The Kraft Heinz Co. 0.06% 12,533 $282K New
SCHA Schwab US Small-Cap ETF 0.06% 9,588 $279K No change
WELL Welltower Inc. 0.06% 1,399 $277K Reduce -17.7%
ABT Abbott Laboratories 0.05% 2,571 $264K No change
CSCO Cisco Systems Inc. 0.05% 3,368 $261K Reduce -0.6%
SPG Simon Property Group Inc. 0.05% 1,375 $256K Reduce -20.3%
GNRC Generac Holdings Inc. 0.05% 1,300 $254K New
UNH Unitedhealth Group Inc. 0.05% 918 $248K No change
FNDF Schwab Fndmn Intl LRG Co. ETF 0.05% 5,076 $248K No change
MSCI MSCI Inc. 0.05% 459 $247K Add +3.1%
TFC Truist Financial Corp. 0.05% 5,227 $240K Reduce -8.7%
KMI Kinder Morgan Inc. 0.05% 6,980 $234K Reduce -22.3%
EFA iShares MSCI Eafe ETF 0.05% 2,407 $234K Add +0.6%
HD Home Depot Inc. 0.05% 699 $230K Reduce -1.4%
UL Unilever PLC-Sponsored ADR 0.05% 4,016 $229K No change
FRT Federal Realty Invs Trust 0.05% 2,150 $228K No change
AVB Avalonbay Communities Inc. 0.04% 1,350 $221K No change
VHT Vanguard Health Care ETF 0.04% 795 $216K New
AEP American Electric Power 0.04% 1,650 $216K New
LULU Lululemon Athletica Inc. 0.04% 1,406 $215K Reduce -1.5%
MU Micron Technology Inc. 0.04% 625 $211K New
EPD Enterprise Products Partners 0.04% 5,500 $208K New
PM Philip Morris International 0.04% 1,240 $205K Reduce -6.3%
D Dominion Energy Inc. 0.04% 3,281 $203K New
MELI MercadoLibre Inc. 0.04% 116 $201K New
FVCB Fvcbankcorp Inc. 0.04% 12,206 $185K No change
LCTX Lineage Cell Therapeutics Inc. 0.00% 13,000 $21K No change
RANI Rani Therapeutics Holdings Class A 0.00% 22,979 $17K No change

Portfolio Sells Q4 2025 → Q1 2026
B Barrick Mining Corp. Reduce -25.3% 2.03% −0.68
MKL Markel Group Inc. Reduce -2.4% 7.71% −0.57
META Meta Platforms Inc. Class A Reduce -2.1% 3.27% −0.33
PGR Progressive Corp. Reduce -0.9% 3.53% −0.29
ULTA Ulta Beauty Inc. Sold out 0.00% −0.18
GOOG Alphabet Inc. Class C Reduce -1.9% 4.06% −0.17
CHKP Check Point Software Tech Reduce -3.3% 0.62% −0.16
GLW Corning Inc. Reduce -54.8% 0.47% −0.16
WHR Whirlpool Corp. Sold out 0.00% −0.12
ANET Arista Networks Inc. Reduce -17.6% 0.55% −0.11
WAT Waters Corp. Reduce -5.0% 0.39% −0.10
GPC Genuine Parts Co. Reduce -1.1% 0.98% −0.10
DIS The Walt Disney Co. Reduce -1.6% 0.67% −0.08
DHR Danaher Corp. Reduce -13.6% 0.26% −0.08
NKE Nike Inc. Class B Reduce -2.8% 0.45% −0.07
ESAB Esab Corp. Reduce -2.7% 0.65% −0.07
GM General Motors Co. Sold out 0.00% −0.05
LLY Eli Lilly & Co. Sold out 0.00% −0.05
MHK Mohawk Industries Inc. Reduce -4.8% 0.47% −0.04
PG The Procter & Gamble Co. Sold out 0.00% −0.04
ORCL Oracle Corp. Sold out 0.00% −0.04
BLK BlackRock Inc. Sold out 0.00% −0.04
JPM JPMorgan Chase & Co. Reduce -1.4% 0.93% −0.03
COF Capital One Financial Corp. Reduce -11.4% 0.09% −0.03
ALLE Allegion PLC Reduce -2.0% 0.69% −0.03
BAC Bank of America Corp. Reduce -0.6% 0.49% −0.03
WFC Wells Fargo & Co. Reduce -0.5% 0.22% −0.02
AAPL Apple Inc. Reduce -0.7% 2.97% −0.02
OTIS Otis Worldwide Corp. Reduce -2.2% 0.24% −0.02
FNV Franco-Nevada Corp. Reduce -35.9% 0.08% −0.02
LULU Lululemon Athletica Inc. Reduce -1.5% 0.04% −0.01
GOOGL Alphabet Inc. Class A Reduce -2.8% 0.21% −0.01
MAR Marriott International Class A Reduce -21.8% 0.06% −0.01
SPG Simon Property Group Inc. Reduce -20.3% 0.05% −0.01
PH Parker Hannifin Corp. Reduce -9.2% 0.92% −0.01
LII Lennox International Inc. Reduce -2.9% 0.84% −0.01
TFC Truist Financial Corp. Reduce -8.7% 0.05% −0.00
WELL Welltower Inc. Reduce -17.7% 0.06% −0.00
VTS Vitesse Energy Inc. Reduce -5.8% 0.06% −0.00
MRSH Marsh & McLennan Cos Reduce -0.5% 0.68% −0.00
SCHW Schwab (charles) Corp. Reduce -0.9% 1.81% −0.00
HD Home Depot Inc. Reduce -1.4% 0.05% +0.00
KMI Kinder Morgan Inc. Reduce -22.3% 0.05% +0.00
PM Philip Morris International Reduce -6.3% 0.04% +0.00
VEA Vanguard Ftse Developed ETF Reduce -7.0% 0.08% +0.00
HLN Haleon PLC-ADR Reduce -1.0% 0.06% +0.00
CSCO Cisco Systems Inc. Reduce -0.6% 0.05% +0.00
SEIC Sei Investments Company Reduce -0.3% 0.24% +0.01
GD General Dynamics Corp. Reduce -3.7% 0.12% +0.01
AOS Smith (a.o.) Corp. Reduce -3.8% 0.62% +0.01

Portfolio Buys Q4 2025 → Q1 2026
CRM Salesforce Inc. Add +567.5% 0.47% +0.38
ADBE Adobe Inc. Add +107.9% 0.66% +0.23
COST Costco Wholesale Corp. Add +2.0% 1.01% +0.21
PAYC Paycom Software Inc. Add +38.4% 1.11% +0.13
SCHK Schwab 1000 Index ETF New 0.12% +0.12
INTU Intuit Inc. Add +239.0% 0.21% +0.12
KHC The Kraft Heinz Co. New 0.06% +0.06
GNRC Generac Holdings Inc. New 0.05% +0.05
SPGI S&P Global Inc. Add +62.6% 0.16% +0.05
AEP American Electric Power New 0.04% +0.04
VHT Vanguard Health Care ETF New 0.04% +0.04
MU Micron Technology Inc. New 0.04% +0.04
EPD Enterprise Products Partners New 0.04% +0.04
D Dominion Energy Inc. New 0.04% +0.04
MELI MercadoLibre Inc. New 0.04% +0.04
MCD McDonald's Corp. Add +1.9% 0.36% +0.04
RSP Invesco S&P 500 Equal Weight Add +12.6% 0.20% +0.03
ZTS Zoetis Inc. Add +28.0% 0.14% +0.03
VTI VG Morningstar TS MKT ETF-US Add +12.7% 0.17% +0.02
T AT&T Inc. Add +1.9% 0.09% +0.02
NFLX Netflix Inc. Add +15.2% 0.08% +0.02
UBER Uber Technologies Inc. Add +16.8% 0.18% +0.02
WMT Walmart Inc. Add +8.7% 0.07% +0.02
ABNB Airbnb Inc. Class A Add +8.0% 0.14% +0.01
FTNT Fortinet Inc. Add +6.9% 0.06% +0.01
VIGI Vanguard Int Div App Indx FD Add +4.1% 0.11% +0.01
AXP American Express Co. Add +23.4% 0.07% +0.01
AMZN Amazon.com Inc. Add +4.0% 0.99% +0.01
EFA iShares MSCI Eafe ETF Add +0.6% 0.05% +0.00
MSCI MSCI Inc. Add +3.1% 0.05% +0.00
DPZ Domino's Pizza Inc. Add +8.4% 0.08% 0.00
MA Mastercard Inc. Class A Add +6.0% 0.07% −0.00
AON Aon PLC Class A Add +1.9% 0.44% −0.00
CRWD CrowdStrike Holdings Inc. Class A Add +11.7% 0.23% −0.00
PANW Palo Alto Networks Inc. Add +4.7% 0.15% −0.00
IBM Intl Business Machines Corp. Add +11.7% 0.21% −0.00
AVGO Broadcom Inc. Add +2.1% 0.40% −0.01
ADP Automatic Data Processing Add +4.8% 0.12% −0.02
V Visa Inc. Class A Add +4.4% 0.55% −0.02
BKNG Booking Holdings Inc. Add +4.3% 0.23% −0.03
CMG Chipotle Mexican Grill Inc. Add +0.3% 0.48% −0.04
DEO Diageo PLC-Sponsored ADR Add +0.4% 0.55% −0.04
CTSH Cognizant Tech Solutions-A Add +4.7% 0.21% −0.04
FDS Factset Research Systems Inc. Add +1.1% 0.20% −0.05
AKRE Akre Focus ETF Add +1.6% 0.48% −0.07
TROW T Rowe Price Group Inc. Add +0.7% 1.57% −0.08
PYPL PayPal Holdings Inc. Add +4.9% 0.62% −0.09
NVO Novo-Nordisk A/S-Spons ADR Add +4.8% 0.54% −0.13
ACN Accenture PLC Class A Add +2.2% 0.65% −0.15
PAYX Paychex Inc. Add +0.1% 1.67% −0.23

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 162$542.4MBRK.B, KLAC, MKL, GOOG, PGR
Q1 2026 158$493.9MBRK.B, MKL, KLAC, GOOG, PGR
Q4 2025 156$529.1MBRK.B, MKL, KLAC, GOOG, PGR
Q3 2025 156$522.2MBRK.B, MKL, PGR, KLAC, META
Q2 2025 151$494.8MBRK.B, MKL, PGR, META, MSFT
Q1 2025 146$472.8MBRK.B, MKL, PGR, META, MSFT
Q4 2024 149$466.6MBRK.B, MKL, PGR, META, MSFT
Q3 2024Amended 146$474.3MBRK.B, MKL, PGR, META, MSFT
Q2 2024 142$439.8MBRK.B, MKL, PGR, KLAC, MSFT
Q1 2024 141$445.1MBRK.B, MKL, PGR, MSFT, KLAC