Locust Wood Capital Advisers, LLC In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Locust Wood Capital Advisers, LLC reported 27 stock positions worth $3.7 billion . Its top holding was Amazon.com (AMZN) at 9.1% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 6.9% ) and Gpgi (GPGI, 6.4% ). Compared with Q4 2025, it opened 1 new position, sold out of 6, added to 9 and reduced 17. The biggest buy was Meta Platforms Class A (META, shares +212% ) and the biggest sale an exit from Salesforce (CRM).
Location NEW YORK, NY
CIK 0001349434
Portfolio Value $3.7B (Q1 2026) Holdings 27 stocks · $3.7B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2025 AMZN Amazon.com Inc. 1,613,164 $336.0M Add +38.9% TSM Taiwan Semiconductor-SP ADR 751,911 $254.1M Add +1.4% GPGI Gpgi Inc. 13,783,653 $235.7M Add +55.5% LIN Linde PLC 469,131 $232.6M Reduce -28.9% NVDA Nvidia Corp. 1,177,228 $205.3M Add +27.9% MSFT Microsoft Corp. 525,373 $194.5M Reduce -6.3% META Meta Platforms Inc. Class A 303,415 $173.6M Add +211.5% V Visa Inc. Class A 539,558 $163.1M Add +46.9% SPGI S&P Global Inc. 376,176 $160.0M Add +20.6% GEHC GE Healthcare Technology 2,126,878 $151.4M Reduce -0.0% ESI Element Solutions Inc. 4,418,530 $150.8M Reduce -8.7% GOOGL Alphabet Inc. Class A 521,698 $150.0M Reduce -10.2% PCG P G & E Corp. 8,227,916 $144.6M Reduce -3.3% VRT Vertiv Holdings Co. Class A 540,293 $135.4M Reduce -36.1% AAPL Apple Inc. 480,783 $122.0M Reduce -10.8% CSX CSX Corp. 2,887,222 $118.5M Reduce -18.2% ABT Abbott Laboratories 1,085,020 $111.4M Add +13.4% REZI Resideo Technologies Inc. 3,162,409 $106.6M Add +19.4% WM Waste Management Inc. 411,807 $94.6M Reduce -8.2% STE Steris PLC 397,118 $87.8M Reduce -11.0% RHLD Resolute Holdings Manag 536,873 $87.1M Reduce -1.3% SHW The Sherwin-Williams Co. 250,637 $80.3M Reduce -7.0% SU Suncor Energy Inc. 888,781 $58.8M Reduce -50.2% CP Canadian Pacific Kansas City 651,250 $51.2M Reduce -26.7% BRK.B Berkshire Hathaway Inc. Class B 65,827 $31.5M Reduce -4.1% LLY Eli Lilly & Co. 20,394 $18.8M New BRK.A Berkshire Hathaway Inc. Class A 23 $16.5M Reduce -4.2%
Options reported separately and not counted above: SPY puts ($243.9M), PCG calls ($11.8M), ABT calls ($11.2M), PLTR puts ($9.1M).
Portfolio Sells Q4 2025 → Q1 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▲ CRM Salesforce Inc. Sold out 0.00% −2.24 NKE Nike Inc. Class B Sold out 0.00% −2.05 NOW ServiceNow Inc. Sold out 0.00% −1.72 AXTA Axalta Coating Systems Ltd. Sold out 0.00% −1.60 MSFT Microsoft Corp. Reduce -6.3% 5.30% −1.49 ELV Elevance Health Inc. Sold out 0.00% −1.25 APO Apollo Global Management Inc. Sold out 0.00% −1.22 LIN Linde PLC Reduce -28.9% 6.33% −0.71 GOOGL Alphabet Inc. Class A Reduce -10.2% 4.09% −0.47 STE Steris PLC Reduce -11.0% 2.39% −0.44 RHLD Resolute Holdings Manag Reduce -1.3% 2.37% −0.44 SU Suncor Energy Inc. Reduce -50.2% 1.60% −0.38 AAPL Apple Inc. Reduce -10.8% 3.32% −0.35 GEHC GE Healthcare Technology Reduce -0.0% 4.12% −0.25 CP Canadian Pacific Kansas City Reduce -26.7% 1.40% −0.24 BRK.B Berkshire Hathaway Inc. Class B Reduce -4.1% 0.86% −0.01 BRK.A Berkshire Hathaway Inc. Class A Reduce -4.2% 0.45% −0.00 SHW The Sherwin-Williams Co. Reduce -7.0% 2.19% +0.00 CSX CSX Corp. Reduce -18.2% 3.23% +0.02 WM Waste Management Inc. Reduce -8.2% 2.58% +0.11 VRT Vertiv Holdings Co. Class A Reduce -36.1% 3.69% +0.26 PCG P G & E Corp. Reduce -3.3% 3.94% +0.51 ESI Element Solutions Inc. Reduce -8.7% 4.11% +1.08
Portfolio Buys Q4 2025 → Q1 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▼ META Meta Platforms Inc. Class A Add +211.5% 4.73% +3.12 AMZN Amazon.com Inc. Add +38.9% 9.15% +2.44 GPGI Gpgi Inc. Add +55.5% 6.42% +2.14 NVDA Nvidia Corp. Add +27.9% 5.59% +1.29 TSM Taiwan Semiconductor-SP ADR Add +1.4% 6.92% +1.28 V Visa Inc. Class A Add +46.9% 4.44% +1.21 REZI Resideo Technologies Inc. Add +19.4% 2.90% +0.57 LLY Eli Lilly & Co. New 0.51% +0.51 SPGI S&P Global Inc. Add +20.6% 4.36% +0.28 ABT Abbott Laboratories Add +13.4% 3.03% +0.03
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Add +262.3% 375,000 $243.9M LIN Linde PLC call Sold out 69,000 $29.4Mbefore exit MSFT Microsoft Corp. call Sold out 32,000 $15.5Mbefore exit PCG P G & E Corp. call Reduce -24.2% 673,500 $11.8M ABT Abbott Laboratories call Reduce -4.2% 108,700 $11.2M PLTR Palantir Technologies Inc. Class A put New 62,000 $9.1M CZR Caesars Entertainment Inc. call Sold out 18,400 $430Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 31 $4.1B TSM, AMZN, NVDA, GPGI, GOOGL Q1 2026 Amended 27 $3.7B AMZN, TSM, GPGI, LIN, NVDA Q4 2025 32 $4.0B LIN, MSFT, AMZN, TSM, GOOGL Q3 2025 50 $3.7B LIN, TSM, AMZN, MSFT, GPGI Q2 2025 50 $3.4B TSM, LIN, AMZN, MSFT, VRT Q1 2025 42 $2.9B LIN, MSFT, TSM, WM, AMZN Q4 2024 37 $2.7B TSM, LIN, PCG, AMZN, GOOGL Q3 2024 40 $2.9B LIN, TSM, VRT, AXTA, PCG Q2 2024 37 $2.7B LIN, TSM, ELV, VRT, AXTA Q1 2024 37 $2.5B VRT, LIN, ELV, TSM, SU