Lincoln Capital LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 1, 2024), Lincoln Capital LLC reported 112 stock positions worth $472.8 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 9.3% of the portfolio, followed by Berkshire Hathaway Class A (BRK.A, 8.0%) and Costco Wholesale (COST, 6.8%). Compared with Q2 2024, it opened 5 new positions, sold out of 2, added to 16 and reduced 64. The biggest buy was Carrier Global (CARR, shares +0%) and the biggest sale Alphabet Class A (GOOGL, shares −2%).

Most Recent 13F
Q2 2026
Location
LINCOLN, NE
CIK
0001633862
Portfolio Value
$472.8M (Q3 2024)
SEC Filing
0001085146-24-005279 ↗ filed Nov 1, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $449.2M Q1 2024 Q2 2024: $448.1M Q2 2024 Q3 2024: $472.8M $472.8M Q3 2024 Q4 2024: $475.7M Q4 2024 Q1 2025: $478.9M Q1 2025 Q2 2025: $519.7M Q2 2025 Q3 2025: $533.8M Q3 2025 Q4 2025: $551.8M Q4 2025 Q1 2026: $527.8M Q1 2026 Q2 2026: $562.0M Q2 2026

Holdings 112 stocks · $472.8M
BRK.B Berkshire Hathaway Inc. Class B 9.26% 95,161 $43.8M Reduce -0.9%
BRK.A Berkshire Hathaway Inc. Class A 8.04% 55 $38.0M No change
COST Costco Wholesale Corp. 6.82% 36,402 $32.3M Reduce -2.0%
MA Mastercard Inc. Class A 6.66% 63,753 $31.5M Reduce -1.1%
MKL Markel Group Inc. 5.90% 17,785 $27.9M Reduce -1.4%
GOOGL Alphabet Inc. Class A 5.82% 165,874 $27.5M Reduce -1.9%
DHR Danaher Corp. 4.50% 76,593 $21.3M Reduce -2.4%
MSFT Microsoft Corp. 3.67% 40,357 $17.4M Reduce -2.2%
SBUX Starbucks Corp. 3.53% 171,284 $16.7M Reduce -2.9%
AMZN Amazon.com Inc. 3.31% 83,886 $15.6M Reduce -1.6%
AAPL Apple Inc. 2.85% 57,785 $13.5M Reduce -0.6%
MCD McDonald's Corp. 2.16% 33,521 $10.2M Reduce -1.4%
CARR Carrier Global Corp. 1.98% 116,144 $9.3M Add +0.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.90% 93,247 $9.0M Reduce -4.3%
DEO Diageo PLC-Sponsored ADR 1.75% 59,055 $8.3M Reduce -4.6%
OTIS Otis Worldwide Corp. 1.67% 76,106 $7.9M Reduce -1.5%
ROP Roper Technologies Inc. 1.66% 14,147 $7.9M Reduce -2.1%
MAR Marriott International Class A 1.45% 27,495 $6.8M Reduce -0.2%
LIN Linde PLC 1.42% 14,077 $6.7M Reduce -3.0%
JPM JPMorgan Chase & Co. 1.36% 30,456 $6.4M Reduce -3.2%
KO The Coca-Cola Co. 1.26% 82,809 $6.0M Reduce -2.0%
MCO Moody's Corp. 1.21% 12,095 $5.7M Reduce -0.7%
UNP Union Pacific Corp. 1.16% 22,339 $5.5M Reduce -0.6%
HGTY Hagerty Inc. Class A 1.00% 463,427 $4.7M Add +7.5%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.97% 64,031 $4.6M Reduce -1.6%
AXP American Express Co. 0.88% 15,353 $4.2M Reduce -1.7%
JNJ Johnson & Johnson 0.88% 25,599 $4.1M Reduce -2.5%
SCHW Schwab (charles) Corp. 0.87% 63,640 $4.1M Reduce -2.5%
BDX Becton Dickinson and Co. 0.77% 15,037 $3.6M Reduce -4.1%
TRV The Travelers Cos Inc. 0.73% 14,759 $3.5M Reduce -1.2%
PEP Pepsico Inc. 0.60% 16,738 $2.8M Reduce -2.0%
VLTO Veralto Corp. 0.59% 24,808 $2.8M Reduce -2.9%
BLK BlackRock Finance Inc. 0.55% 2,758 $2.6M Reduce -0.7%
CPRT Copart Inc. 0.52% 47,291 $2.5M Reduce -0.9%
IVV iShares Core S&P 500 ETF 0.46% 3,801 $2.2M Reduce -13.1%
GOOG Alphabet Inc. Class C 0.46% 12,969 $2.2M Reduce -1.4%
FAST Fastenal Co. 0.44% 28,983 $2.1M No change
CB Chubb Ltd. 0.42% 6,929 $2.0M Reduce -3.1%
ECL Ecolab Inc. 0.41% 7,561 $1.9M Reduce -7.2%
DE Deere & Co. 0.41% 4,622 $1.9M Reduce -4.2%
WMT Walmart Inc. 0.35% 20,598 $1.7M No change
APH Amphenol Corp. Class A 0.33% 24,010 $1.6M No change
HD Home Depot Inc. 0.32% 3,786 $1.5M Add +0.8%
IEFA iShares Core MSCI Eafe ETF 0.31% 18,548 $1.4M Reduce -2.4%
ESAB Esab Corp. 0.28% 12,574 $1.3M Add +0.1%
CINF Cincinnati Financial Corp. 0.28% 9,806 $1.3M No change
IJH iShares Core S&P Midcap ETF 0.26% 19,865 $1.2M Reduce -6.0%
SPGI S&P Global Inc. 0.26% 2,347 $1.2M Reduce -2.5%
IJR iShares Core S&P Small-Cap E 0.25% 9,946 $1.2M Reduce -0.6%
BAM Brookfield Asset Mgmt-A 0.24% 23,840 $1.1M Reduce -0.8%
PG The Procter & Gamble Co. 0.24% 6,454 $1.1M No change
ACN Accenture PLC Class A 0.23% 3,088 $1.1M Reduce -0.6%
VUG Vanguard Mrngstar GR ETF-Sui 0.22% 2,709 $1.0M Reduce -5.3%
CGGR Cap Group Growth Equity 0.21% 29,061 $1.0M Add +6.0%
CL Colgate-Palmolive Co. 0.21% 9,687 $1.0M No change
XOM Exxon Mobil Corp. 0.21% 8,427 $988K Add +6.0%
NKE Nike Inc. Class B 0.21% 11,091 $980K Reduce -1.9%
USMV iShares MSCI USA Min Vol Fac 0.21% 10,733 $980K Reduce -0.7%
UPS United Parcel Service Class B 0.20% 6,850 $934K Reduce -1.2%
AMAT Applied Materials Inc. 0.19% 4,481 $905K Reduce -0.5%
WCN Waste Connections Inc. 0.19% 5,062 $905K No change
MTD Mettler-Toledo International 0.18% 575 $862K No change
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.17% 29,956 $808K Reduce -6.4%
BN Brookfield Corp. 0.16% 13,854 $736K Reduce -0.2%
VTV Vanguard Mrngstr Val ETF-Aui 0.15% 4,001 $698K Add +1.1%
SYK Stryker Corp. 0.14% 1,780 $643K No change
PSX Phillips 66 0.13% 4,822 $634K Reduce -0.5%
AMT American Tower Corp. 0.13% 2,700 $628K No change
DGRO iShares Core Dividend Growth 0.13% 9,852 $618K Reduce -21.2%
NVDA Nvidia Corp. 0.13% 4,992 $606K Add +4.0%
XYL Xylem Inc. 0.13% 4,488 $606K No change
GLD SPDR Gold Shares 0.13% 2,491 $605K Reduce -1.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.13% 1,046 $600K Add +4.4%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.13% 16,330 $595K Reduce -9.2%
ADP Automatic Data Processing 0.12% 2,126 $588K No change
V Visa Inc. Class A 0.12% 2,131 $586K No change
HSY The Hershey Co. 0.12% 2,990 $573K Reduce -0.3%
VWO Vanguard Ftse Emerging Marke 0.11% 10,462 $501K Add +4.7%
FWONK Liberty Media Corp. Class C 0.10% 6,217 $481K New
HSIC Henry Schein Inc. 0.10% 6,500 $474K No change
VEA Vanguard Ftse Developed ETF 0.10% 8,768 $463K Add +2.0%
META Meta Platforms Inc. Class A 0.10% 798 $457K No change
UL Unilever PLC 0.09% 6,385 $415K Reduce -0.8%
ETN Eaton Corp. PLC 0.09% 1,222 $405K Add +5.2%
WFC Wells Fargo & Co. 0.08% 7,009 $396K Add +0.0%
PFE Pfizer Inc. 0.08% 13,591 $393K Reduce -0.5%
RTX RTX Corp. 0.08% 3,110 $377K Reduce -0.3%
MKC McCormick & Co.-Non VTG SHRS 0.08% 4,570 $376K Add +0.1%
TSLA Tesla Inc. 0.08% 1,390 $364K No change
ORCL Oracle Corp. 0.07% 2,017 $344K Reduce -1.8%
VB Vanguard Most SM-Cap ETF-Usd 0.07% 1,424 $338K Add +6.5%
VOO Vanguard S&P 500 ETF 0.07% 597 $315K Reduce -28.8%
USB US Bancorp 0.06% 6,670 $305K Reduce -18.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.06% 7,442 $295K Add +9.2%
VNQ Vanguard Real Estate ETF 0.06% 3,000 $292K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 1,312 $290K Reduce -0.8%
IWM iShares Russell 2000 ETF 0.06% 1,246 $275K No change
NTRS Northern Trust Corp. 0.06% 3,002 $270K Reduce -0.8%
CSCO Cisco Systems Inc. 0.06% 5,060 $269K No change
DFAC Dimensional US Core Equity 2 0.06% 7,766 $266K No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.06% 2,406 $262K No change
COP Conocophillips 0.05% 2,423 $255K Reduce -1.2%
PM Philip Morris International 0.05% 2,060 $250K No change
SYY Sysco Corp. 0.05% 3,172 $248K No change
CGIE Cap Group Intl Equity filed as CAPITAL GROUP INTERNATIONAL 0.05% 7,712 $234K New
NUE Nucor Corp. 0.05% 1,423 $214K No change
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.04% 2,125 $212K New
AIRR First Trust Rba American Ind 0.04% 2,805 $209K New
ROST Ross Stores Inc. 0.04% 1,368 $206K New
ITOT iShares Core S&P Total U.S. 0.04% 1,600 $201K Reduce -39.8%
SMR Nuscale Power Corp. 0.04% 15,956 $185K No change
GLDG Goldmining Inc. 0.00% 10,752 $10K No change

Portfolio Sells Q2 2024 → Q3 2024
GOOGL Alphabet Inc. Class A Reduce -1.9% 5.82% −1.05
MKL Markel Group Inc. Reduce -1.4% 5.90% −0.44
MSFT Microsoft Corp. Reduce -2.2% 3.67% −0.44
AMZN Amazon.com Inc. Reduce -1.6% 3.31% −0.37
DIS The Walt Disney Co. Reduce -4.3% 1.90% −0.26
COST Costco Wholesale Corp. Reduce -2.0% 6.82% −0.22
SCHW Schwab (charles) Corp. Reduce -2.5% 0.87% −0.20
ROP Roper Technologies Inc. Reduce -2.1% 1.66% −0.15
GOOG Alphabet Inc. Class C Reduce -1.4% 0.46% −0.08
IVV iShares Core S&P 500 ETF Reduce -13.1% 0.46% −0.07
JPM JPMorgan Chase & Co. Reduce -3.2% 1.36% −0.06
CPRT Copart Inc. Reduce -0.9% 0.52% −0.05
QCOM Qualcomm Inc. Sold out 0.00% −0.05
BDX Becton Dickinson and Co. Reduce -4.1% 0.77% −0.05
INTC Intel Corp. Sold out 0.00% −0.05
AMAT Applied Materials Inc. Reduce -0.5% 0.19% −0.05
MAR Marriott International Class A Reduce -0.2% 1.45% −0.04
DGRO iShares Core Dividend Growth Reduce -21.2% 0.13% −0.03
ITOT iShares Core S&P Total U.S. Reduce -39.8% 0.04% −0.03
VOO Vanguard S&P 500 ETF Reduce -28.8% 0.07% −0.03
PEP Pepsico Inc. Reduce -2.0% 0.60% −0.03
ECL Ecolab Inc. Reduce -7.2% 0.41% −0.02
VUG Vanguard Mrngstar GR ETF-Sui Reduce -5.3% 0.22% −0.02
PSX Phillips 66 Reduce -0.5% 0.13% −0.02
UPS United Parcel Service Class B Reduce -1.2% 0.20% −0.01
IJH iShares Core S&P Midcap ETF Reduce -6.0% 0.26% −0.01
CGXU Cap Group Intl Focus Reduce -6.4% 0.17% −0.01
COP Conocophillips Reduce -1.2% 0.05% −0.01
USB US Bancorp Reduce -18.5% 0.06% −0.01
CGDV Cap Group Dividend Value Reduce -9.2% 0.13% −0.01
PFE Pfizer Inc. Reduce -0.5% 0.08% −0.00
IEFA iShares Core MSCI Eafe ETF Reduce -2.4% 0.31% −0.00
HSY The Hershey Co. Reduce -0.3% 0.12% −0.00
LIN Linde PLC Reduce -3.0% 1.42% −0.00
NTRS Northern Trust Corp. Reduce -0.8% 0.06% +0.00
USMV iShares MSCI USA Min Vol Fac Reduce -0.7% 0.21% +0.00
DE Deere & Co. Reduce -4.2% 0.41% +0.01
GLD SPDR Gold Shares Reduce -1.1% 0.13% +0.01
IJR iShares Core S&P Small-Cap E Reduce -0.6% 0.25% +0.01
ORCL Oracle Corp. Reduce -1.8% 0.07% +0.01
UL Unilever PLC Reduce -0.8% 0.09% +0.01
RTX RTX Corp. Reduce -0.3% 0.08% +0.01
IBM Intl Business Machines Corp. Reduce -0.8% 0.06% +0.01
DEO Diageo PLC-Sponsored ADR Reduce -4.6% 1.75% +0.01
OTIS Otis Worldwide Corp. Reduce -1.5% 1.67% +0.01
CB Chubb Ltd. Reduce -3.1% 0.42% +0.02
SPGI S&P Global Inc. Reduce -2.5% 0.26% +0.02
NKE Nike Inc. Class B Reduce -1.9% 0.21% +0.02
ACN Accenture PLC Class A Reduce -0.6% 0.23% +0.02
JNJ Johnson & Johnson Reduce -2.5% 0.88% +0.02

Portfolio Buys Q2 2024 → Q3 2024
CARR Carrier Global Corp. Add +0.1% 1.98% +0.34
FWONK Liberty Media Corp. Class C New 0.10% +0.10
CGIE Cap Group Intl Equity New 0.05% +0.05
EL Estee Lauder Companies Class A New 0.04% +0.04
AIRR First Trust Rba American Ind New 0.04% +0.04
ROST Ross Stores Inc. New 0.04% +0.04
HD Home Depot Inc. Add +0.8% 0.32% +0.04
ESAB Esab Corp. Add +0.1% 0.28% +0.02
CGGR Cap Group Growth Equity Add +6.0% 0.21% +0.01
VWO Vanguard Ftse Emerging Marke Add +4.7% 0.11% +0.01
MKC McCormick & Co.-Non VTG SHRS Add +0.1% 0.08% +0.01
VB Vanguard Most SM-Cap ETF-Usd Add +6.5% 0.07% +0.01
VTV Vanguard Mrngstr Val ETF-Aui Add +1.1% 0.15% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +4.4% 0.13% +0.01
XOM Exxon Mobil Corp. Add +6.0% 0.21% +0.00
ETN Eaton Corp. PLC Add +5.2% 0.09% +0.00
VEA Vanguard Ftse Developed ETF Add +2.0% 0.10% +0.00
BAC Bank of America Corp. Add +9.2% 0.06% +0.00
HGTY Hagerty Inc. Class A Add +7.5% 1.00% −0.00
NVDA Nvidia Corp. Add +4.0% 0.13% −0.00
WFC Wells Fargo & Co. Add +0.0% 0.08% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 137$562.0MGOOGL, BRK.B, BRK.A, MKL, COST
Q1 2026 135$527.8MBRK.B, GOOGL, BRK.A, MKL, COST
Q4 2025 131$551.8MGOOGL, BRK.B, BRK.A, MKL, MA
Q3 2025 124$533.8MBRK.B, BRK.A, GOOGL, MA, MKL
Q2 2025 123$519.7MBRK.B, BRK.A, MKL, COST, MA
Q1 2025 117$478.9MBRK.B, BRK.A, COST, MA, MKL
Q4 2024 116$475.7MBRK.B, BRK.A, COST, MA, GOOGL
Q3 2024 112$472.8MBRK.B, BRK.A, COST, MA, MKL
Q2 2024 109$448.1MBRK.B, BRK.A, COST, GOOGL, MKL
Q1 2024 110$449.2MBRK.B, BRK.A, MA, MKL, COST