Lountzis Asset Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Lountzis Asset Management, LLC reported 52 stock positions worth $264.7 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 27.2% of the portfolio, followed by Progressive (PGR, 7.4%) and Applied Materials (AMAT, 6.8%). Compared with Q4 2024, it opened 7 new positions, sold out of 2, added to 7 and reduced 20. The biggest buy was a new position in Idexx Laboratories (IDXX) and the biggest sale KKR (KKR, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- WYOMISSING, PA
- CIK
- 0001821168
- Portfolio Value
- $264.7M (Q1 2025)
- SEC Filing
- 0001821168-25-000003 ↗ filed Apr 30, 2025
Holdings Value
Holdings 52 stocks · $264.7M
| BRK.B Berkshire Hathaway Inc. Class B | 27.15% | 135,371 | $71.9M | Reduce -1.6% |
| PGR Progressive Corp. | 7.38% | 72,454 | $19.5M | Reduce -8.1% |
| AMAT Applied Materials Inc. | 6.85% | 120,219 | $18.1M | Add +12.7% |
| WFC Wells Fargo & Co. | 6.54% | 249,428 | $17.3M | Reduce -0.9% |
| IDXX Idexx Laboratories Inc. | 5.36% | 32,696 | $14.2M | New |
| CDNS Cadence Design SYS Inc. | 4.79% | 44,413 | $12.7M | New |
| ORCL Oracle Corp. | 4.78% | 90,341 | $12.7M | Add +49.2% |
| BRO Brown & Brown Inc. | 4.73% | 109,081 | $12.5M | Reduce -9.8% |
| KKR KKR & Co. Inc. | 4.56% | 105,861 | $12.1M | Reduce -0.4% |
| USB US Bancorp | 3.81% | 251,058 | $10.1M | Reduce -0.2% |
| GOOGL Alphabet Inc. Class A | 3.02% | 49,772 | $8.0M | Add +0.3% |
| ZTS Zoetis Inc. | 2.50% | 42,883 | $6.6M | Reduce -0.5% |
| PCOR Procore Technologies Inc. | 2.39% | 99,355 | $6.3M | Reduce -0.5% |
| PEP Pepsico Inc. | 1.93% | 38,197 | $5.1M | Reduce -0.8% |
| UNH Unitedhealth Group Inc. | 1.72% | 10,849 | $4.6M | Reduce -1.6% |
| MLM Martin Marietta Materials | 1.62% | 8,502 | $4.3M | Reduce -1.8% |
| LOW Lowe's Cos Inc. | 1.45% | 17,273 | $3.8M | No change |
| NET Cloudflare Inc. Class A | 1.31% | 28,558 | $3.5M | Reduce -1.5% |
| SKYT Skywater Technology Inc. | 0.81% | 291,940 | $2.1M | Add +1.6% |
| LH Labcorp Holdings Inc. | 0.80% | 9,179 | $2.1M | Reduce -1.4% |
| CNSWF Constellation Software Inc. | 0.42% | 314 | $1.1M | No change |
| ABT Abbott Laboratories | 0.37% | 7,625 | $992K | No change |
| GOOG Alphabet Inc. Class C | 0.36% | 5,817 | $945K | Reduce -13.4% |
| MHK Mohawk Industries Inc. | 0.36% | 8,802 | $940K | Reduce -1.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.30% | 1 | $798K | No change |
| YUM Yum! Brands Inc. | 0.30% | 5,336 | $788K | No change |
| WSFS WSFS Financial Corp. | 0.30% | 15,071 | $787K | No change |
| XOM Exxon Mobil Corp. | 0.28% | 6,917 | $751K | Reduce -1.3% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.26% | 8,800 | $699K | Add +4.8% |
| ICE Intercontinental Exchange Inc. | 0.25% | 4,071 | $666K | No change |
| AON Aon PLC Class A | 0.25% | 1,900 | $653K | No change |
| ABBV Abbvie Inc. | 0.24% | 3,300 | $640K | No change |
| MSFT Microsoft Corp. | 0.20% | 1,382 | $541K | Add +24.4% |
| META Meta Platforms Inc. Class A | 0.20% | 982 | $540K | No change |
| FWONK Liberty Media Corp. Class C | 0.20% | 5,899 | $518K | No change |
| VOO Vanguard S&P 500 ETF | 0.19% | 1,010 | $511K | New |
| ERFSF Eurofins Scientific | 0.17% | 7,433 | $455K | No change |
| SCHW Schwab (charles) Corp. | 0.16% | 5,166 | $414K | Reduce -43.3% |
| FRFHF Fairfax Financial Hldgs Ltd. | 0.15% | 262 | $403K | Reduce -9.7% |
| JNJ Johnson & Johnson | 0.15% | 2,512 | $390K | Add +12.2% |
| AAPL Apple Inc. | 0.14% | 1,802 | $379K | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.13% | 1,500 | $354K | No change |
| V Visa Inc. Class A | 0.12% | 970 | $327K | New |
| J Jacobs Solutions Inc. | 0.12% | 2,671 | $327K | No change |
| JPM JPMorgan Chase & Co. | 0.12% | 1,308 | $320K | Reduce -4.3% |
| GEF Greif Inc. Class A | 0.12% | 5,950 | $318K | No change |
| ELV Elevance Health Inc. | 0.12% | 755 | $312K | Reduce -19.0% |
| CACC Credit Acceptance Corp. | 0.11% | 588 | $287K | No change |
| MA Mastercard Inc. Class A | 0.10% | 500 | $268K | No change |
| PM Philip Morris International | 0.10% | 1,522 | $257K | New |
| LLY Eli Lilly & Co. | 0.10% | 292 | $256K | New |
| FWONA Liberty Media Corp. Class A | 0.09% | 3,079 | $246K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| KKR KKR & Co. Inc. | Reduce -0.4% | 4.56% | −2.10 |
| USB US Bancorp | Reduce -0.2% | 3.81% | −1.34 |
| WFC Wells Fargo & Co. | Reduce -0.9% | 6.54% | −0.95 |
| PCOR Procore Technologies Inc. | Reduce -0.5% | 2.39% | −0.78 |
| UNH Unitedhealth Group Inc. | Reduce -1.6% | 1.72% | −0.64 |
| PGR Progressive Corp. | Reduce -8.1% | 7.38% | −0.62 |
| PEP Pepsico Inc. | Reduce -0.8% | 1.93% | −0.57 |
| BRO Brown & Brown Inc. | Reduce -9.8% | 4.73% | −0.49 |
| ZTS Zoetis Inc. | Reduce -0.5% | 2.50% | −0.48 |
| MLM Martin Marietta Materials | Reduce -1.8% | 1.62% | −0.28 |
| KMX Carmax Inc. | Sold out | 0.00% | −0.19 |
| GOOG Alphabet Inc. Class C | Reduce -13.4% | 0.36% | −0.18 |
| SCHW Schwab (charles) Corp. | Reduce -43.3% | 0.16% | −0.13 |
| LH Labcorp Holdings Inc. | Reduce -1.4% | 0.80% | −0.11 |
| MHK Mohawk Industries Inc. | Reduce -1.8% | 0.36% | −0.10 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.09 |
| XOM Exxon Mobil Corp. | Reduce -1.3% | 0.28% | −0.04 |
| ELV Elevance Health Inc. | Reduce -19.0% | 0.12% | −0.03 |
| FRFHF Fairfax Financial Hldgs Ltd. | Reduce -9.7% | 0.15% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -4.3% | 0.12% | −0.02 |
| NET Cloudflare Inc. Class A | Reduce -1.5% | 1.31% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.6% | 27.15% | +0.74 |
Portfolio Buys Q4 2024 → Q1 2025
| IDXX Idexx Laboratories Inc. | New | 5.36% | +5.36 |
| CDNS Cadence Design SYS Inc. | New | 4.79% | +4.79 |
| ORCL Oracle Corp. | Add +49.2% | 4.78% | +0.51 |
| VOO Vanguard S&P 500 ETF | New | 0.19% | +0.19 |
| AAPL Apple Inc. | New | 0.14% | +0.14 |
| V Visa Inc. Class A | New | 0.12% | +0.12 |
| PM Philip Morris International | New | 0.10% | +0.10 |
| LLY Eli Lilly & Co. | New | 0.10% | +0.10 |
| JNJ Johnson & Johnson | Add +12.2% | 0.15% | +0.01 |
| MSFT Microsoft Corp. | Add +24.4% | 0.20% | +0.01 |
| BNY Bank of New York Mellon Corp. | Add +4.8% | 0.26% | −0.01 |
| AMAT Applied Materials Inc. | Add +12.7% | 6.85% | −0.49 |
| SKYT Skywater Technology Inc. | Add +1.6% | 0.81% | −0.87 |
| GOOGL Alphabet Inc. Class A | Add +0.3% | 3.02% | −0.96 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 55 | $316.1M | AMAT, BRK.B, WFC, GOOGL, CDNS |
| Q1 2026 | 52 | $272.6M | BRK.B, AMAT, WFC, PGR, GOOGL |
| Q4 2025 | 52 | $281.6M | BRK.B, AMAT, WFC, ORCL, PGR |
| Q3 2025 | 53 | $306.4M | BRK.B, ORCL, AMAT, IDXX, WFC |
| Q2 2025 | 53 | $284.1M | BRK.B, AMAT, WFC, ORCL, PGR |
| Q1 2025 | 52 | $264.7M | BRK.B, PGR, AMAT, WFC, IDXX |
| Q4 2024 | 47 | $236.2M | BRK.B, PGR, WFC, AMAT, KKR |
| Q3 2024 | 49 | $240.6M | BRK.B, AMAT, PGR, WFC, KKR |
| Q2 2024 | 46 | $214.0M | BRK.B, AMAT, PGR, WFC, BRO |
| Q1 2024 | 46 | $211.1M | BRK.B, AMAT, PGR, WFC, USB |