Lafayette Investments, Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 11, 2026), Lafayette Investments, Inc. reported 162 stock positions worth $542.4 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 10.9% of the portfolio, followed by KLA (KLAC, 8.1%) and Markel (MKL, 7.2%). Compared with Q1 2026, it opened 6 new positions, sold out of 3, added to 46 and reduced 76. The biggest buy was Zoetis (ZTS, shares +618%) and the biggest sale Lockheed Martin (LMT, shares −1%).

Most Recent 13F
Q2 2026
Location
ASHTON, MD
CIK
0001308377
Portfolio Value
$542.4M (Q2 2026)
SEC Filing
0001308377-26-000003 ↗ filed Aug 11, 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 Q1 2026 Q2 2026: $542.4M $542.4M Q2 2026

Holdings 162 stocks · $542.4M
BRK.B Berkshire Hathaway Inc. Class B 10.93% 118,489 $59.3M Add +1.2%
KLAC KLA Corp. 8.13% 146,113 $44.1M Reduce -14.1%
MKL Markel Group Inc. 7.17% 19,924 $38.9M Add +0.1%
GOOG Alphabet Inc. Class C 4.46% 68,406 $24.2M Reduce -2.3%
PGR Progressive Corp. 3.57% 88,602 $19.4M Add +0.7%
META Meta Platforms Inc. Class A 2.93% 28,218 $15.9M Reduce -0.1%
AAPL Apple Inc. 2.85% 53,412 $15.5M Reduce -7.5%
MSFT Microsoft Corp. 2.67% 38,816 $14.5M Add +5.5%
JNJ Johnson & Johnson 1.98% 42,382 $10.8M Reduce -2.3%
NSC Norfolk Southern Corp. 1.85% 31,883 $10.0M Reduce -0.0%
LOW Lowe's Cos Inc. 1.79% 44,135 $9.7M Add +0.5%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 1.77% 84,377 $9.6M Reduce -1.7%
PAYX Paychex Inc. 1.68% 92,781 $9.1M Add +3.7%
B Barrick Mining Corp. 1.64% 241,470 $8.9M Reduce -1.6%
SCHW Schwab (charles) Corp. 1.62% 95,470 $8.8M Add +0.6%
AZO AutoZone Inc. 1.58% 2,689 $8.6M Reduce -0.6%
L Loews Corp. 1.49% 71,544 $8.1M Reduce -0.5%
JEF Jefferies Financial Group Inc. 1.27% 137,730 $6.9M Add +0.1%
LMT Lockheed Martin Corp. 1.26% 13,371 $6.8M Reduce -1.2%
PEP Pepsico Inc. 1.15% 45,908 $6.2M Reduce -0.1%
PAYC Paycom Software Inc. 1.13% 48,733 $6.1M Add +7.6%
AMZN Amazon.com Inc. 1.09% 24,747 $5.9M Add +5.2%
XOM Exxon Mobil Corp. 1.01% 40,047 $5.5M Reduce -1.1%
MSGS Madison Square Garden Sports 0.99% 13,344 $5.4M Reduce -0.1%
GPC Genuine Parts Co. 0.99% 45,326 $5.3M Reduce -0.8%
SBUX Starbucks Corp. 0.97% 51,427 $5.3M Reduce -11.2%
JPM JPMorgan Chase & Co. 0.95% 15,746 $5.2M Add +0.6%
LII Lennox International Inc. 0.94% 8,929 $5.1M Reduce -0.5%
KO The Coca-Cola Co. 0.94% 62,738 $5.1M Reduce -0.6%
PH Parker Hannifin Corp. 0.91% 5,054 $4.9M Reduce -0.0%
GHC Graham Holdings Co. Class B 0.89% 4,244 $4.8M Reduce -0.1%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.88% 2,387 $4.7M Reduce -3.6%
COST Costco Wholesale Corp. 0.83% 4,792 $4.5M Reduce -4.0%
TXN Texas Instruments Inc. 0.72% 13,078 $3.9M Reduce -19.8%
ANET Arista Networks Inc. 0.67% 21,444 $3.6M Reduce -2.3%
NVO Novo-Nordisk A/S-Spons ADR 0.65% 73,499 $3.5M Add +1.4%
GLW Corning Inc. 0.65% 13,729 $3.5M Reduce -19.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.62% 34,699 $3.3M Add +1.4%
ESAB Esab Corp. 0.60% 33,019 $3.3M Reduce -0.9%
MRSH Marsh & McLennan Cos 0.60% 19,437 $3.2M Add +1.0%
ALLE Allegion PLC 0.59% 22,880 $3.2M Reduce -3.0%
V Visa Inc. Class A 0.58% 9,092 $3.1M Add +0.3%
ZTS Zoetis Inc. 0.56% 42,105 $3.0M Add +618.3%
ACN Accenture PLC Class A 0.56% 24,231 $3.0M Add +49.7%
MHK Mohawk Industries Inc. 0.54% 23,953 $2.9M Add +1.4%
PYPL PayPal Holdings Inc. 0.53% 66,197 $2.9M Reduce -2.3%
DEO Diageo PLC-Sponsored ADR 0.52% 35,256 $2.8M Reduce -3.9%
CHKP Check Point Software Tech 0.52% 21,303 $2.8M Reduce -0.5%
BAC Bank of America Corp. 0.52% 49,030 $2.8M Reduce -2.2%
ADBE Adobe Inc. 0.51% 13,365 $2.7M Reduce -0.8%
AOS Smith (a.o.) Corp. 0.50% 42,940 $2.7M Reduce -7.0%
CMG Chipotle Mexican Grill Inc. 0.48% 77,057 $2.6M Add +3.3%
WAT Waters Corp. 0.44% 6,359 $2.4M Reduce -1.0%
CRM Salesforce Inc. 0.44% 15,090 $2.4M Add +20.4%
AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO 0.43% 43,823 $2.3M Reduce -3.2%
AON Aon PLC Class A 0.41% 6,780 $2.2M Reduce -0.3%
AVGO Broadcom Inc. 0.40% 5,754 $2.2M Reduce -10.2%
HAS Hasbro Inc. 0.40% 26,087 $2.2M Reduce -0.3%
CRWD CrowdStrike Holdings Inc. Class A 0.39% 2,770 $2.1M Reduce -3.6%
CVX Chevron Corp. 0.38% 12,436 $2.1M Add +1.7%
NKE Nike Inc. Class B 0.36% 47,469 $1.9M Add +12.5%
VIGI Vanguard Int Div App Indx FD 0.32% 18,772 $1.8M Add +200.0%
BF.B Brown-Forman Corp. Class B 0.28% 56,539 $1.5M Reduce -7.6%
MCD McDonald's Corp. 0.27% 5,514 $1.5M Reduce -4.3%
NVDA Nvidia Corp. 0.27% 7,221 $1.4M Add +4.2%
PANW Palo Alto Networks Inc. 0.27% 4,232 $1.4M Reduce -5.6%
HSY The Hershey Co. 0.26% 8,165 $1.4M Reduce -0.8%
VTI VG Morningstar TS MKT ETF-US 0.24% 3,539 $1.3M Add +35.4%
GOOGL Alphabet Inc. Class A 0.24% 3,630 $1.3M Reduce -1.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.23% 4,492 $1.3M Add +4.7%
SEIC Sei Investments Company 0.23% 14,256 $1.3M Reduce -6.3%
DHR Danaher Corp. 0.23% 6,540 $1.2M Reduce -2.1%
BKNG Booking Holdings Inc. 0.23% 6,935 $1.2M Add +4.7%
CAT Caterpillar Inc. 0.23% 1,151 $1.2M Reduce -33.7%
GSK GSK PLC-Spon ADR 0.22% 23,060 $1.2M No change
MRK Merck & Co. Inc. 0.22% 9,275 $1.2M Reduce -3.7%
RSP Invesco S&P 500 Equal Weight 0.21% 5,371 $1.1M Add +4.4%
WFC Wells Fargo & Co. 0.21% 13,619 $1.1M Add +0.0%
MA Mastercard Inc. Class A 0.20% 2,146 $1.1M Add +222.2%
UBER Uber Technologies Inc. 0.20% 14,802 $1.1M Add +22.7%
FDS Factset Research Systems Inc. 0.19% 4,548 $1.0M Add +0.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.18% 1,302 $972K Reduce -12.6%
ETN Eaton Corp. PLC 0.18% 2,269 $967K Reduce -2.6%
OTIS Otis Worldwide Corp. 0.18% 13,478 $965K Reduce -11.0%
RTX RTX Corp. 0.17% 4,933 $936K No change
ABNB Airbnb Inc. Class A 0.16% 5,977 $855K Add +6.1%
TT Trane Technologies PLC 0.16% 1,722 $846K No change
INTU Intuit Inc. 0.15% 3,164 $826K Add +33.7%
SPGI S&P Global Inc. 0.14% 1,895 $772K Add +4.5%
GLD SPDR Gold Shares 0.14% 2,041 $752K Reduce -1.6%
BRK.A Berkshire Hathaway Inc. Class A 0.14% 1 $749K No change
FNDX Schwab Fndmntl US LRG Co. ETF 0.14% 23,675 $736K Reduce -0.3%
ADP Automatic Data Processing 0.13% 3,143 $704K Add +3.7%
SCHK Schwab 1000 Index ETF 0.13% 19,512 $704K Add +0.3%
ALRS Alerus Financial Corp. 0.13% 21,900 $681K No change
MO Altria Group Inc. 0.12% 9,188 $661K No change
VZ Verizon Communications Inc. 0.12% 15,061 $638K Reduce -17.1%
MAR Marriott International Class A 0.12% 1,719 $637K Add +78.1%
GD General Dynamics Corp. 0.11% 1,722 $610K Reduce -1.5%
SLB SLB Ltd. filed as SLB LIMITED 0.10% 12,000 $558K Reduce -7.7%
FTNT Fortinet Inc. 0.10% 3,619 $556K Reduce -0.5%
MU Micron Technology Inc. 0.10% 480 $554K Reduce -23.2%
QCOM Qualcomm Inc. 0.10% 2,944 $544K Add +1.7%
CTSH Cognizant Tech Solutions-A 0.09% 13,174 $510K Reduce -23.7%
SCHX Schwab US Large-Cap ETF 0.09% 16,847 $496K No change
DUK Duke Energy Corp. 0.09% 3,914 $495K No change
FNDA Schwab Fndmntl US SM Co. ETF 0.09% 12,269 $467K Reduce -0.5%
HONA Honeywell Aerospace Inc. 0.09% 2,095 $463K Add +21.8%
FDX FedEx Corp. 0.08% 1,419 $444K Reduce -12.3%
SCHD Schwab US DVD Equity ETF 0.08% 13,910 $441K New
VOO Vanguard S&P 500 ETF 0.08% 630 $433K No change
VEA Vanguard Ftse Developed ETF 0.08% 6,025 $429K No change
ABBV Abbvie Inc. 0.08% 1,691 $426K No change
EGBN Eagle Bancorp Inc. 0.08% 14,850 $422K Reduce -2.3%
COF Capital One Financial Corp. 0.08% 2,092 $420K Reduce -10.7%
TMO Thermo Fisher Scientific Inc. 0.08% 835 $419K No change
PFE Pfizer Inc. 0.08% 17,215 $415K Reduce -11.3%
AXP American Express Co. 0.07% 1,186 $401K Reduce -1.3%
ALL Allstate Corp. 0.07% 1,685 $401K No change
MTD Mettler-Toledo International 0.07% 307 $392K Reduce -0.3%
AUB Atlantic Union Bankshares Co. 0.07% 9,145 $387K No change
HON Honeywell International Inc. 0.07% 1,720 $385K No change
UNH Unitedhealth Group Inc. 0.07% 918 $382K No change
GNRC Generac Holdings Inc. 0.07% 1,256 $368K Reduce -3.4%
NFLX Netflix Inc. 0.06% 4,913 $351K Add +12.8%
DPZ Domino's Pizza Inc. 0.06% 1,178 $349K Add +4.9%
SCHA Schwab US Small-Cap ETF 0.06% 9,466 $342K Reduce -1.3%
FAST Fastenal Co. 0.06% 6,904 $332K No change
SHEL Shell PLC-ADR 0.06% 4,103 $318K No change
MELI MercadoLibre Inc. 0.06% 185 $314K Add +59.5%
T AT&T Inc. 0.06% 15,107 $313K Add +0.0%
WMT Walmart Inc. 0.06% 2,712 $307K Add +0.0%
WELL Welltower Inc. 0.06% 1,349 $306K Reduce -3.6%
MRVL Marvell Technology Inc. 0.05% 1,000 $298K New
KHC The Kraft Heinz Co. 0.05% 12,533 $296K No change
FNV Franco-Nevada Corp. 0.05% 1,371 $286K Reduce -18.1%
DELL Dell Technologies -C 0.05% 650 $280K New
MS Morgan Stanley 0.05% 1,297 $271K Reduce -29.8%
HLN Haleon PLC-ADR 0.05% 28,804 $269K No change
FNDF Schwab Fndmn Intl LRG Co. ETF 0.05% 5,046 $266K Reduce -0.6%
FRT Federal Realty Invs Trust 0.05% 2,150 $265K No change
TFC Truist Financial Corp. 0.05% 5,227 $260K No change
VTS Vitesse Energy Inc. 0.05% 16,424 $259K Reduce -0.4%
MSCI MSCI Inc. 0.05% 459 $257K No change
AVB Avalonbay Communities Inc. 0.05% 1,350 $255K No change
EFA iShares MSCI Eafe ETF 0.05% 2,407 $250K No change
HD Home Depot Inc. 0.04% 685 $242K Reduce -2.0%
UL Unilever PLC-Sponsored ADR 0.04% 4,016 $241K No change
VHT Vanguard Health Care ETF 0.04% 797 $238K Add +0.3%
VLTO Veralto Corp. 0.04% 2,650 $235K Reduce -32.0%
ABT Abbott Laboratories 0.04% 2,571 $233K No change
AEP American Electric Power 0.04% 1,650 $226K No change
D Dominion Energy Inc. 0.04% 3,281 $224K No change
KMI Kinder Morgan Inc. 0.04% 6,980 $223K No change
LLY Eli Lilly & Co. 0.04% 182 $218K New
AMAT Applied Materials Inc. 0.04% 300 $217K New
FVCB Fvcbankcorp Inc. 0.04% 12,206 $214K No change
INTC Intel Corp. 0.04% 1,514 $211K New
PM Philip Morris International 0.04% 1,152 $208K Reduce -7.1%
EPD Enterprise Products Partners 0.04% 5,500 $202K No change
RANI Rani Therapeutics Holdings Class A 0.00% 22,979 $17K No change
LCTX Lineage Cell Therapeutics Inc. 0.00% 13,000 $17K No change

Portfolio Sells Q1 2026 → Q2 2026
LMT Lockheed Martin Corp. Reduce -1.2% 1.26% −0.40
B Barrick Mining Corp. Reduce -1.6% 1.64% −0.39
XOM Exxon Mobil Corp. Reduce -1.1% 1.01% −0.38
META Meta Platforms Inc. Class A Reduce -0.1% 2.93% −0.34
PEP Pepsico Inc. Reduce -0.1% 1.15% −0.30
AZO AutoZone Inc. Reduce -0.6% 1.58% −0.27
COST Costco Wholesale Corp. Reduce -4.0% 0.83% −0.18
JNJ Johnson & Johnson Reduce -2.3% 1.98% −0.16
ADBE Adobe Inc. Reduce -0.8% 0.51% −0.16
CTSH Cognizant Tech Solutions-A Reduce -23.7% 0.09% −0.12
AOS Smith (a.o.) Corp. Reduce -7.0% 0.50% −0.12
AAPL Apple Inc. Reduce -7.5% 2.85% −0.12
CHKP Check Point Software Tech Reduce -0.5% 0.52% −0.10
ALLE Allegion PLC Reduce -3.0% 0.59% −0.10
HAS Hasbro Inc. Reduce -0.3% 0.40% −0.10
PYPL PayPal Holdings Inc. Reduce -2.3% 0.53% −0.09
MCD McDonald's Corp. Reduce -4.3% 0.27% −0.09
HSY The Hershey Co. Reduce -0.8% 0.26% −0.08
SBUX Starbucks Corp. Reduce -11.2% 0.97% −0.08
VZ Verizon Communications Inc. Reduce -17.1% 0.12% −0.07
L Loews Corp. Reduce -0.5% 1.49% −0.06
OTIS Otis Worldwide Corp. Reduce -11.0% 0.18% −0.06
AKRE Akre Focus ETF Reduce -3.2% 0.43% −0.06
CSCO Cisco Systems Inc. Sold out 0.00% −0.05
ESAB Esab Corp. Reduce -0.9% 0.60% −0.05
SPG Simon Property Group Inc. Sold out 0.00% −0.05
BF.B Brown-Forman Corp. Class B Reduce -7.6% 0.28% −0.05
LULU Lululemon Athletica Inc. Sold out 0.00% −0.04
GLD SPDR Gold Shares Reduce -1.6% 0.14% −0.04
FDX FedEx Corp. Reduce -12.3% 0.08% −0.03
PFE Pfizer Inc. Reduce -11.3% 0.08% −0.03
SLB SLB Ltd. Reduce -7.7% 0.10% −0.03
KO The Coca-Cola Co. Reduce -0.6% 0.94% −0.03
FNV Franco-Nevada Corp. Reduce -18.1% 0.05% −0.03
DEO Diageo PLC-Sponsored ADR Reduce -3.9% 0.52% −0.03
AON Aon PLC Class A Reduce -0.3% 0.41% −0.03
DHR Danaher Corp. Reduce -2.1% 0.23% −0.03
VLTO Veralto Corp. Reduce -32.0% 0.04% −0.03
CAT Caterpillar Inc. Reduce -33.7% 0.23% −0.02
GHC Graham Holdings Co. Class B Reduce -0.1% 0.89% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -12.6% 0.18% −0.02
MRK Merck & Co. Inc. Reduce -3.7% 0.22% −0.01
VTS Vitesse Energy Inc. Reduce -0.4% 0.05% −0.01
MS Morgan Stanley Reduce -29.8% 0.05% −0.01
SEIC Sei Investments Company Reduce -6.3% 0.23% −0.01
COF Capital One Financial Corp. Reduce -10.7% 0.08% −0.01
GD General Dynamics Corp. Reduce -1.5% 0.11% −0.01
MTD Mettler-Toledo International Reduce -0.3% 0.07% −0.01
PH Parker Hannifin Corp. Reduce -0.0% 0.91% −0.01
NSC Norfolk Southern Corp. Reduce -0.0% 1.85% −0.00

Portfolio Buys Q1 2026 → Q2 2026
ZTS Zoetis Inc. Add +618.3% 0.56% +0.42
VIGI Vanguard Int Div App Indx FD Add +200.0% 0.32% +0.21
MA Mastercard Inc. Class A Add +222.2% 0.20% +0.14
JEF Jefferies Financial Group Inc. Add +0.1% 1.27% +0.12
NVO Novo-Nordisk A/S-Spons ADR Add +1.4% 0.65% +0.11
AMZN Amazon.com Inc. Add +5.2% 1.09% +0.10
SCHD Schwab US DVD Equity ETF New 0.08% +0.08
VTI VG Morningstar TS MKT ETF-US Add +35.4% 0.24% +0.07
MHK Mohawk Industries Inc. Add +1.4% 0.54% +0.06
MRVL Marvell Technology Inc. New 0.05% +0.05
MAR Marriott International Class A Add +78.1% 0.12% +0.05
DELL Dell Technologies -C New 0.05% +0.05
LLY Eli Lilly & Co. New 0.04% +0.04
AMAT Applied Materials Inc. New 0.04% +0.04
INTC Intel Corp. New 0.04% +0.04
PGR Progressive Corp. Add +0.7% 3.57% +0.03
QCOM Qualcomm Inc. Add +1.7% 0.10% +0.02
IBM Intl Business Machines Corp. Add +4.7% 0.23% +0.02
NVDA Nvidia Corp. Add +4.2% 0.27% +0.02
UBER Uber Technologies Inc. Add +22.7% 0.20% +0.02
V Visa Inc. Class A Add +0.3% 0.58% +0.02
JPM JPMorgan Chase & Co. Add +0.6% 0.95% +0.02
MELI MercadoLibre Inc. Add +59.5% 0.06% +0.02
PAYC Paycom Software Inc. Add +7.6% 1.13% +0.01
ABNB Airbnb Inc. Class A Add +6.1% 0.16% +0.01
PAYX Paychex Inc. Add +3.7% 1.68% +0.01
RSP Invesco S&P 500 Equal Weight Add +4.4% 0.21% +0.01
HONA Honeywell Aerospace Inc. Add +21.8% 0.09% +0.01
SCHK Schwab 1000 Index ETF Add +0.3% 0.13% +0.01
ADP Automatic Data Processing Add +3.7% 0.13% +0.01
BKNG Booking Holdings Inc. Add +4.7% 0.23% +0.00
VHT Vanguard Health Care ETF Add +0.3% 0.04% +0.00
CMG Chipotle Mexican Grill Inc. Add +3.3% 0.48% −0.00
FDS Factset Research Systems Inc. Add +0.5% 0.19% −0.01
WMT Walmart Inc. Add +0.0% 0.06% −0.01
WFC Wells Fargo & Co. Add +0.0% 0.21% −0.01
SPGI S&P Global Inc. Add +4.5% 0.14% −0.01
DPZ Domino's Pizza Inc. Add +4.9% 0.06% −0.02
NFLX Netflix Inc. Add +12.8% 0.06% −0.02
T AT&T Inc. Add +0.0% 0.06% −0.03
CRM Salesforce Inc. Add +20.4% 0.44% −0.04
DIS The Walt Disney Co. Add +1.4% 0.62% −0.05
INTU Intuit Inc. Add +33.7% 0.15% −0.05
MRSH Marsh & McLennan Cos Add +1.0% 0.60% −0.08
MSFT Microsoft Corp. Add +5.5% 2.67% −0.09
NKE Nike Inc. Class B Add +12.5% 0.36% −0.09
ACN Accenture PLC Class A Add +49.7% 0.56% −0.09
CVX Chevron Corp. Add +1.7% 0.38% −0.13
SCHW Schwab (charles) Corp. Add +0.6% 1.62% −0.18
LOW Lowe's Cos Inc. Add +0.5% 1.79% −0.31

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