McDonald Capital Investors Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 30, 2026), McDonald Capital Investors Inc. reported 21 stock positions worth $1.6 billion. Its top holding was Progressive (PGR) at 12.3% of the portfolio, followed by Regeneron Pharmaceuticals (REGN, 9.9%) and Berkshire Hathaway Class B (BRK.B, 9.5%). Compared with Q3 2025, it opened 1 new position, sold out of 1, added to 1 and reduced 18. The biggest buy was a new position in Copart (CPRT) and the biggest sale Netflix (NFLX, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- ORINDA, CA
- CIK
- 0001033225
- Portfolio Value
- $1.6B (Q4 2025)
- SEC Filing
- 0001033225-26-000001 ↗ filed Jan 30, 2026
Holdings Value
Holdings 21 stocks · $1.6B
| PGR Progressive Corp. | 12.34% | 883,700 | $201.2M | Reduce -3.2% |
| REGN Regeneron Pharmaceuticals | 9.86% | 208,241 | $160.7M | Reduce -2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 9.50% | 308,030 | $154.8M | Reduce -3.6% |
| BN Brookfield Corp. | 7.60% | 2,699,130 | $123.9M | Reduce -4.3% |
| AMZN Amazon.com Inc. | 7.24% | 511,720 | $118.1M | Reduce -3.7% |
| NFLX Netflix Inc. | 6.25% | 1,086,085 | $101.8M | Reduce -2.2% |
| PAYX Paychex Inc. | 5.80% | 842,861 | $94.6M | Reduce -1.8% |
| MLM Martin Marietta Materials | 5.79% | 151,638 | $94.4M | Reduce -3.8% |
| JPM JPMorgan Chase & Co. | 5.32% | 269,084 | $86.7M | Reduce -5.4% |
| ECL Ecolab Inc. | 4.77% | 296,522 | $77.8M | Reduce -4.0% |
| GOOGL Alphabet Inc. Class A | 4.77% | 248,322 | $77.7M | Reduce -7.0% |
| WFC Wells Fargo & Co. | 4.00% | 699,682 | $65.2M | Reduce -5.9% |
| CPRT Copart Inc. | 3.56% | 1,483,799 | $58.1M | New |
| FDS Factset Research Systems Inc. | 3.31% | 185,744 | $53.9M | Add +87.9% |
| UNP Union Pacific Corp. | 3.30% | 232,749 | $53.8M | Reduce -4.2% |
| NKE Nike Inc. Class B | 3.17% | 812,401 | $51.8M | Reduce -2.6% |
| FAST Fastenal Co. | 2.17% | 881,440 | $35.4M | Reduce -3.5% |
| BAM Brookfield Asset Mgmt-A | 1.10% | 342,784 | $18.0M | Reduce -4.2% |
| EXPD Expeditors Intl Wash Inc. | 0.10% | 11,350 | $1.7M | Reduce -12.4% |
| GOOG Alphabet Inc. Class C | 0.04% | 2,125 | $667K | Reduce -15.0% |
| RSP Invesco S&P 500 Equal Weight | 0.01% | 1,195 | $229K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| NFLX Netflix Inc. | Reduce -2.2% | 6.25% | −2.03 |
| PGR Progressive Corp. | Reduce -3.2% | 12.34% | −1.67 |
| PAYX Paychex Inc. | Reduce -1.8% | 5.80% | −0.96 |
| FAST Fastenal Co. | Reduce -3.5% | 2.17% | −0.62 |
| ECL Ecolab Inc. | Reduce -4.0% | 4.77% | −0.49 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.6% | 9.50% | −0.48 |
| NKE Nike Inc. Class B | Reduce -2.6% | 3.17% | −0.44 |
| BN Brookfield Corp. | Reduce -4.3% | 7.60% | −0.42 |
| MLM Martin Marietta Materials | Reduce -3.8% | 5.79% | −0.38 |
| UNP Union Pacific Corp. | Reduce -4.2% | 3.30% | −0.27 |
| JPM JPMorgan Chase & Co. | Reduce -5.4% | 5.32% | −0.26 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.19 |
| BAM Brookfield Asset Mgmt-A | Reduce -4.2% | 1.10% | −0.16 |
| AMZN Amazon.com Inc. | Reduce -3.7% | 7.24% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -15.0% | 0.04% | +0.00 |
| EXPD Expeditors Intl Wash Inc. | Reduce -12.4% | 0.10% | +0.01 |
| WFC Wells Fargo & Co. | Reduce -5.9% | 4.00% | +0.12 |
| GOOGL Alphabet Inc. Class A | Reduce -7.0% | 4.77% | +0.73 |
| REGN Regeneron Pharmaceuticals | Reduce -2.4% | 9.86% | +2.40 |
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 20 | $1.4B | PGR, BRK.B, REGN, AMZN, BN |
| Q1 2026 | 21 | $1.5B | PGR, REGN, BRK.B, BN, AMZN |
| Q4 2025 | 21 | $1.6B | PGR, REGN, BRK.B, BN, AMZN |
| Q3 2025 | 21 | $1.6B | PGR, BRK.B, NFLX, BN, REGN |
| Q2 2025 | 20 | $1.6B | PGR, BRK.B, NFLX, PAYX, BN |
| Q1 2025 | 20 | $1.6B | PGR, BRK.B, PAYX, REGN, NFLX |
| Q4 2024 | 21 | $1.6B | PGR, BRK.B, NFLX, PAYX, AMZN |
| Q3 2024 | 21 | $1.6B | PGR, BRK.B, NFLX, REGN, PAYX |
| Q2 2024 | 22 | $1.6B | PGR, NFLX, REGN, BRK.B, AMZN |
| Q1 2024 | 22 | $1.6B | PGR, BRK.B, REGN, NFLX, PAYX |