Lincoln Capital LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 8, 2026), Lincoln Capital LLC reported 131 stock positions worth $551.8 million. Its top holding was Alphabet Class A (GOOGL) at 8.8% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 8.5%) and Berkshire Hathaway Class A (BRK.A, 7.2%). Compared with Q3 2025, it opened 8 new positions, sold out of 1, added to 37 and reduced 62. The biggest buy was Copart (CPRT, shares +103%) and the biggest sale Costco Wholesale (COST, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- LINCOLN, NE
- CIK
- 0001633862
- Portfolio Value
- $551.8M (Q4 2025)
- SEC Filing
- 0001633862-26-000001 ↗ filed Jan 8, 2026
Holdings Value
Holdings 131 stocks · $551.8M
| GOOGL Alphabet Inc. Class A | 8.83% | 155,635 | $48.7M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 8.54% | 93,751 | $47.1M | Reduce -0.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 7.25% | 53 | $40.0M | No change |
| MKL Markel Group Inc. | 6.78% | 17,402 | $37.4M | Reduce -0.8% |
| MA Mastercard Inc. Class A | 6.23% | 60,242 | $34.4M | Reduce -1.2% |
| COST Costco Wholesale Corp. | 5.44% | 34,817 | $30.0M | Reduce -0.1% |
| MSFT Microsoft Corp. | 3.74% | 42,656 | $20.6M | Reduce -0.6% |
| DHR Danaher Corp. | 3.56% | 85,875 | $19.7M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 3.34% | 79,792 | $18.4M | Reduce -0.5% |
| AAPL Apple Inc. | 2.78% | 56,396 | $15.3M | Reduce -0.2% |
| SBUX Starbucks Corp. | 2.44% | 159,686 | $13.4M | Reduce -1.4% |
| HGTY Hagerty Inc. Class A | 1.98% | 812,858 | $10.9M | Add +3.2% |
| MCD McDonald's Corp. | 1.77% | 31,900 | $9.7M | Reduce -0.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.65% | 80,165 | $9.1M | Reduce -1.9% |
| JPM JPMorgan Chase & Co. | 1.65% | 28,301 | $9.1M | Reduce -0.3% |
| CARR Carrier Global Corp. | 1.52% | 158,481 | $8.4M | Reduce -1.4% |
| MAR Marriott International Class A | 1.48% | 26,301 | $8.2M | Reduce -0.3% |
| AXP American Express Co. | 1.29% | 19,260 | $7.1M | Add +0.7% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.28% | 60,646 | $7.0M | Reduce -0.3% |
| CPRT Copart Inc. | 1.18% | 165,792 | $6.5M | Add +102.7% |
| OTIS Otis Worldwide Corp. | 1.09% | 68,863 | $6.0M | Reduce -1.5% |
| SCHW Schwab (charles) Corp. | 1.09% | 60,073 | $6.0M | Reduce -1.9% |
| MCO Moody's Corp. | 1.04% | 11,288 | $5.8M | Reduce -1.9% |
| ROP Roper Technologies Inc. | 1.04% | 12,927 | $5.8M | Reduce -1.4% |
| LIN Linde PLC | 1.04% | 13,493 | $5.8M | Reduce -1.6% |
| KO The Coca-Cola Co. | 1.01% | 79,487 | $5.6M | Add +0.5% |
| OXY Occidental Petroleum Corp. | 0.93% | 124,820 | $5.1M | Add +0.1% |
| JNJ Johnson & Johnson | 0.89% | 23,663 | $4.9M | Add +1.1% |
| UNP Union Pacific Corp. | 0.86% | 20,522 | $4.7M | Add +0.1% |
| FWONK Liberty Media Corp. Class C | 0.74% | 41,351 | $4.1M | Add +0.1% |
| GOOG Alphabet Inc. Class C | 0.71% | 12,452 | $3.9M | Add +0.4% |
| TRV The Travelers Cos Inc. | 0.62% | 11,771 | $3.4M | Reduce -10.8% |
| IVV iShares Core S&P 500 ETF | 0.59% | 4,761 | $3.3M | Add +3.6% |
| CGGR Cap Group Growth Equity | 0.53% | 66,331 | $2.9M | Add +8.9% |
| FAST Fastenal Co. | 0.51% | 69,988 | $2.8M | Add +22.4% |
| CB Chubb Ltd. | 0.50% | 8,851 | $2.8M | Reduce -2.2% |
| WMT Walmart Inc. | 0.46% | 22,739 | $2.5M | Add +2.7% |
| BLK BlackRock Inc. | 0.46% | 2,357 | $2.5M | Reduce -4.6% |
| BDX Becton Dickinson and Co. | 0.43% | 12,156 | $2.4M | Reduce -5.4% |
| APH Amphenol Corp. Class A | 0.42% | 17,195 | $2.3M | Reduce -25.7% |
| VLTO Veralto Corp. | 0.42% | 23,115 | $2.3M | Reduce -2.2% |
| PEP Pepsico Inc. | 0.40% | 15,500 | $2.2M | Reduce -0.7% |
| DE Deere & Co. | 0.38% | 4,477 | $2.1M | Add +0.0% |
| IDXX Idexx Laboratories Inc. | 0.37% | 3,027 | $2.0M | No change |
| ECL Ecolab Inc. | 0.33% | 6,972 | $1.8M | Reduce -1.5% |
| LPX Louisiana-Pacific Corp. | 0.33% | 22,589 | $1.8M | Reduce -9.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.32% | 3,669 | $1.8M | Add +6.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.30% | 18,237 | $1.6M | Add +0.0% |
| CINF Cincinnati Financial Corp. | 0.29% | 9,813 | $1.6M | No change |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.26% | 36,065 | $1.5M | Add +21.8% |
| MSCI MSCI Inc. | 0.26% | 2,502 | $1.4M | No change |
| ESAB Esab Corp. | 0.26% | 12,676 | $1.4M | No change |
| IJH iShares Core S&P Midcap ETF | 0.25% | 20,979 | $1.4M | Reduce -0.2% |
| CAT Caterpillar Inc. | 0.24% | 2,355 | $1.3M | No change |
| TSLA Tesla Inc. | 0.23% | 2,852 | $1.3M | Add +29.3% |
| IJR iShares Core S&P Small-Cap E | 0.22% | 10,308 | $1.2M | Reduce -0.2% |
| HD Home Depot Inc. | 0.22% | 3,495 | $1.2M | Reduce -2.9% |
| BAM Brookfield Asset Mgmt-A | 0.22% | 22,807 | $1.2M | Reduce -0.9% |
| SPGI S&P Global Inc. | 0.21% | 2,267 | $1.2M | Reduce -0.2% |
| AMAT Applied Materials Inc. | 0.21% | 4,439 | $1.1M | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.20% | 4,369 | $1.1M | Add +16.0% |
| CSGP Costar Group Inc. | 0.20% | 16,347 | $1.1M | Reduce -23.1% |
| NVDA Nvidia Corp. | 0.18% | 5,455 | $1.0M | Reduce -8.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.18% | 10,650 | $1.0M | No change |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 0.18% | 28,697 | $994K | Add +24.0% |
| PG The Procter & Gamble Co. | 0.17% | 6,410 | $919K | Add +0.9% |
| BN Brookfield Corp. | 0.17% | 19,945 | $915K | Reduce -0.1% |
| GLW Corning Inc. | 0.17% | 10,420 | $912K | New |
| DEO Diageo PLC-Sponsored ADR | 0.16% | 10,468 | $903K | Reduce -7.7% |
| WCN Waste Connections Inc. | 0.16% | 5,062 | $888K | No change |
| XOM Exxon Mobil Corp. | 0.16% | 7,153 | $861K | Reduce -0.3% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 0.15% | 27,500 | $813K | Reduce -1.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.14% | 4,163 | $795K | Add +0.0% |
| MTD Mettler-Toledo International | 0.14% | 560 | $781K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.14% | 1,138 | $776K | Reduce -0.5% |
| CGDG Cap Group Dividend Growers filed as CAPITAL GROUP DIVIDEND GROWE | 0.13% | 20,441 | $729K | Add +20.1% |
| V Visa Inc. Class A | 0.13% | 2,062 | $723K | Reduce -4.4% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.13% | 16,385 | $715K | Reduce -1.5% |
| NKE Nike Inc. Class B | 0.13% | 10,953 | $698K | Reduce -0.2% |
| ACN Accenture PLC Class A | 0.13% | 2,580 | $692K | No change |
| WFC Wells Fargo & Co. | 0.12% | 7,199 | $671K | Add +2.2% |
| VWO Vanguard Ftse Emerging Marke | 0.12% | 12,456 | $670K | Reduce -0.1% |
| DGRO iShares Core Dividend Growth | 0.12% | 9,340 | $648K | Add +0.0% |
| CL Colgate-Palmolive Co. | 0.11% | 7,986 | $631K | Reduce -2.5% |
| META Meta Platforms Inc. Class A | 0.11% | 951 | $628K | Reduce -10.6% |
| SYK Stryker Corp. | 0.11% | 1,780 | $626K | No change |
| VEA Vanguard Ftse Developed ETF | 0.11% | 9,863 | $616K | Add +0.0% |
| XYL Xylem Inc. | 0.11% | 4,488 | $611K | No change |
| PSX Phillips 66 | 0.10% | 4,460 | $576K | Add +3.9% |
| VT Vanguard Tot World STK ETF | 0.10% | 4,017 | $567K | Add +24.2% |
| HSIC Henry Schein Inc. | 0.10% | 7,300 | $552K | Add +12.3% |
| BKE The Buckle Inc. | 0.10% | 10,300 | $550K | New |
| HSY The Hershey Co. | 0.10% | 2,969 | $540K | Add +3.5% |
| RTX RTX Corp. | 0.10% | 2,888 | $530K | Add +0.0% |
| AMT American Tower Corp. | 0.09% | 2,700 | $474K | No change |
| UPS United Parcel Service Class B | 0.08% | 4,578 | $454K | Reduce -16.6% |
| CGIE Cap Group Intl Equity filed as CAPITAL GROUP INTERNATIONAL | 0.08% | 12,067 | $420K | Reduce -1.8% |
| ADP Automatic Data Processing | 0.07% | 1,567 | $403K | No change |
| VOO Vanguard S&P 500 ETF | 0.07% | 639 | $401K | Reduce -3.8% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.07% | 5,692 | $399K | Add +8.7% |
Portfolio Sells Q3 2025 → Q4 2025
| COST Costco Wholesale Corp. | Reduce -0.1% | 5.44% | −0.54 |
| MSFT Microsoft Corp. | Reduce -0.6% | 3.74% | −0.42 |
| MA Mastercard Inc. Class A | Reduce -1.2% | 6.23% | −0.40 |
| CARR Carrier Global Corp. | Reduce -1.4% | 1.52% | −0.28 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.4% | 8.54% | −0.26 |
| SBUX Starbucks Corp. | Reduce -1.4% | 2.44% | −0.19 |
| ROP Roper Technologies Inc. | Reduce -1.4% | 1.04% | −0.18 |
| LIN Linde PLC | Reduce -1.6% | 1.04% | −0.16 |
| CSGP Costar Group Inc. | Reduce -23.1% | 0.20% | −0.14 |
| OTIS Otis Worldwide Corp. | Reduce -1.5% | 1.09% | −0.11 |
| APH Amphenol Corp. Class A | Reduce -25.7% | 0.42% | −0.11 |
| LPX Louisiana-Pacific Corp. | Reduce -9.8% | 0.33% | −0.09 |
| TRV The Travelers Cos Inc. | Reduce -10.8% | 0.62% | −0.08 |
| BLK BlackRock Inc. | Reduce -4.6% | 0.46% | −0.08 |
| DIS The Walt Disney Co. | Reduce -1.9% | 1.65% | −0.07 |
| VLTO Veralto Corp. | Reduce -2.2% | 0.42% | −0.06 |
| ORCL Oracle Corp. | Reduce -11.8% | 0.07% | −0.05 |
| HD Home Depot Inc. | Reduce -2.9% | 0.22% | −0.05 |
| SYY Sysco Corp. | Sold out | 0.00% | −0.05 |
| DEO Diageo PLC-Sponsored ADR | Reduce -7.7% | 0.16% | −0.04 |
| MCD McDonald's Corp. | Reduce -0.4% | 1.77% | −0.04 |
| BDX Becton Dickinson and Co. | Reduce -5.4% | 0.43% | −0.04 |
| ECL Ecolab Inc. | Reduce -1.5% | 0.33% | −0.04 |
| BAM Brookfield Asset Mgmt-A | Reduce -0.9% | 0.22% | −0.03 |
| META Meta Platforms Inc. Class A | Reduce -10.6% | 0.11% | −0.03 |
| GLD SPDR Gold Shares | Reduce -43.5% | 0.04% | −0.03 |
| NVDA Nvidia Corp. | Reduce -8.4% | 0.18% | −0.03 |
| NKE Nike Inc. Class B | Reduce -0.2% | 0.13% | −0.02 |
| GDX Vaneck Gold Miners ETF | Reduce -24.9% | 0.07% | −0.02 |
| PEP Pepsico Inc. | Reduce -0.7% | 0.40% | −0.01 |
| CGXU Cap Group Intl Focus | Reduce -1.8% | 0.15% | −0.01 |
| V Visa Inc. Class A | Reduce -4.4% | 0.13% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.2% | 0.25% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.2% | 0.22% | −0.01 |
| UPS United Parcel Service Class B | Reduce -16.6% | 0.08% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.1% | 0.12% | −0.01 |
| PFE Pfizer Inc. | Reduce -0.5% | 0.05% | −0.01 |
| BN Brookfield Corp. | Reduce -0.1% | 0.17% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -2.5% | 0.11% | −0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -3.8% | 0.07% | −0.00 |
| CGIE Cap Group Intl Equity | Reduce -1.8% | 0.08% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -13.8% | 0.05% | −0.00 |
| IBM Intl Business Machines Corp. | Reduce -3.9% | 0.06% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.5% | 0.14% | −0.00 |
| CGDV Cap Group Dividend Value | Reduce -1.5% | 0.13% | −0.00 |
| TROW T Rowe Price Group Inc. | Reduce -1.0% | 0.04% | −0.00 |
| COP Conocophillips | Reduce -2.3% | 0.04% | −0.00 |
| ITOT iShares Core S&P Total U.S. | Reduce -1.9% | 0.04% | −0.00 |
| AIRR First Trust Rba American Ind | Reduce -0.7% | 0.05% | −0.00 |
| MCO Moody's Corp. | Reduce -1.9% | 1.04% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| CPRT Copart Inc. | Add +102.7% | 1.18% | +0.48 |
| HGTY Hagerty Inc. Class A | Add +3.2% | 1.98% | +0.21 |
| GLW Corning Inc. | New | 0.17% | +0.17 |
| GOOG Alphabet Inc. Class C | Add +0.4% | 0.71% | +0.14 |
| AXP American Express Co. | Add +0.7% | 1.29% | +0.11 |
| BKE The Buckle Inc. | New | 0.10% | +0.10 |
| JNJ Johnson & Johnson | Add +1.1% | 0.89% | +0.06 |
| TSLA Tesla Inc. | Add +29.3% | 0.23% | +0.05 |
| TFC Truist Financial Corp. | New | 0.05% | +0.05 |
| CGUS Cap Group Core Equity | Add +21.8% | 0.26% | +0.04 |
| NUE Nucor Corp. | New | 0.04% | +0.04 |
| EL Estee Lauder Companies Class A | New | 0.04% | +0.04 |
| NTRS Northern Trust Corp. | New | 0.04% | +0.04 |
| WMT Walmart Inc. | Add +2.7% | 0.46% | +0.04 |
| CGGR Cap Group Growth Equity | Add +8.9% | 0.53% | +0.03 |
| CGGO Cap Group Global Growth | Add +24.0% | 0.18% | +0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +16.0% | 0.20% | +0.02 |
| CGDG Cap Group Dividend Growers | Add +20.1% | 0.13% | +0.02 |
| KO The Coca-Cola Co. | Add +0.5% | 1.01% | +0.02 |
| HSIC Henry Schein Inc. | Add +12.3% | 0.10% | +0.02 |
| VT Vanguard Tot World STK ETF | Add +24.2% | 0.10% | +0.02 |
| WFC Wells Fargo & Co. | Add +2.2% | 0.12% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +3.6% | 0.59% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +6.0% | 0.32% | +0.01 |
| BAC Bank of America Corp. | Add +13.0% | 0.07% | +0.01 |
| UAMY United States Antimony Corp. | New | 0.01% | +0.01 |
| PM Philip Morris International | Add +15.0% | 0.05% | +0.01 |
| RTX RTX Corp. | Add +0.0% | 0.10% | +0.01 |
| GLDG Goldmining Inc. | New | 0.00% | +0.00 |
| UL Unilever PLC-Sponsored ADR | Add +5.5% | 0.06% | +0.00 |
| VEA Vanguard Ftse Developed ETF | Add +0.0% | 0.11% | −0.00 |
| MKC McCormick & Co.-Non VTG SHRS | Add +0.1% | 0.04% | −0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.0% | 0.14% | −0.00 |
| DGRO iShares Core Dividend Growth | Add +0.0% | 0.12% | −0.00 |
| PSX Phillips 66 | Add +3.9% | 0.10% | −0.00 |
| WRB WR Berkley Corp. | Add +8.7% | 0.07% | −0.00 |
| FAST Fastenal Co. | Add +22.4% | 0.51% | −0.00 |
| BWXT BWX Technologies Inc. | Add +0.1% | 0.05% | −0.01 |
| HSY The Hershey Co. | Add +3.5% | 0.10% | −0.01 |
| IEFA iShares Core MSCI Eafe ETF | Add +0.0% | 0.30% | −0.01 |
| DE Deere & Co. | Add +0.0% | 0.38% | −0.01 |
| PG The Procter & Gamble Co. | Add +0.9% | 0.17% | −0.01 |
| UNP Union Pacific Corp. | Add +0.1% | 0.86% | −0.05 |
| FWONK Liberty Media Corp. Class C | Add +0.1% | 0.74% | −0.07 |
| OXY Occidental Petroleum Corp. | Add +0.1% | 0.93% | −0.12 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 137 | $562.0M | GOOGL, BRK.B, BRK.A, MKL, COST |
| Q1 2026 | 135 | $527.8M | BRK.B, GOOGL, BRK.A, MKL, COST |
| Q4 2025 | 131 | $551.8M | GOOGL, BRK.B, BRK.A, MKL, MA |
| Q3 2025 | 124 | $533.8M | BRK.B, BRK.A, GOOGL, MA, MKL |
| Q2 2025 | 123 | $519.7M | BRK.B, BRK.A, MKL, COST, MA |
| Q1 2025 | 117 | $478.9M | BRK.B, BRK.A, COST, MA, MKL |
| Q4 2024 | 116 | $475.7M | BRK.B, BRK.A, COST, MA, GOOGL |
| Q3 2024 | 112 | $472.8M | BRK.B, BRK.A, COST, MA, MKL |
| Q2 2024 | 109 | $448.1M | BRK.B, BRK.A, COST, GOOGL, MKL |
| Q1 2024 | 110 | $449.2M | BRK.B, BRK.A, MA, MKL, COST |