Pavion Blue Capital, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 5, 2025), Pavion Blue Capital, LLC reported 102 stock positions worth $209.8 million. Its top holding was Microsoft (MSFT) at 10.0% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 4.8%) and Walmart (WMT, 4.4%). Compared with Q4 2024, it opened 6 new positions, sold out of 3, added to 10 and reduced 31. The biggest buy was Mondelez International Class A (MDLZ, shares +0%) and the biggest sale an exit from Edison International (EIX).

Most Recent 13F
Q2 2026
Location
NEWPORT BEACH, CA
CIK
0001792565
Portfolio Value
$209.8M (Q1 2025)
SEC Filing
0001085146-25-002582 ↗ filed May 5, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $202.2M Q1 2024 Q2 2024: $203.1M Q2 2024 Q3 2024: $214.6M Q3 2024 Q4 2024: $213.0M Q4 2024 Q1 2025: $209.8M $209.8M Q1 2025 Q2 2025: $225.2M Q2 2025 Q3 2025: $234.6M Q3 2025 Q4 2025: $240.8M Q4 2025 Q1 2026: $230.2M Q1 2026 Q2 2026: $248.4M Q2 2026

Holdings 102 stocks · $209.8M
MSFT Microsoft Corp. 10.00% 55,875 $21.0M Reduce -0.2%
BRK.B Berkshire Hathaway Inc. Class B 4.82% 18,998 $10.1M Reduce -0.1%
WMT Walmart Inc. 4.45% 106,245 $9.3M Reduce -0.8%
COST Costco Wholesale Corp. 4.24% 9,411 $8.9M Reduce -0.0%
AXP American Express Co. 3.81% 29,729 $8.0M Reduce -0.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 3.81% 191,637 $8.0M Reduce -0.0%
GOOG Alphabet Inc. Class C 3.51% 47,110 $7.4M Reduce -0.3%
PEP Pepsico Inc. 2.99% 41,771 $6.3M Add +1.5%
MDLZ Mondelez International Inc. Class A 2.92% 90,348 $6.1M Add +0.1%
AIG American International Group 2.87% 69,179 $6.0M Reduce -0.4%
YUM Yum! Brands Inc. 2.82% 37,618 $5.9M Reduce -0.1%
JPM JPMorgan Chase & Co. 2.68% 22,919 $5.6M Reduce -0.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 2.62% 55,629 $5.5M Reduce -0.0%
PG The Procter & Gamble Co. 2.61% 32,163 $5.5M No change
JNJ Johnson & Johnson 2.54% 32,178 $5.3M Reduce -0.6%
AMZN Amazon.com Inc. 2.26% 24,870 $4.7M Reduce -0.7%
GE General Electric filed as GE AEROSPACE 1.86% 19,501 $3.9M Reduce -0.6%
KO The Coca-Cola Co. 1.82% 53,365 $3.8M Reduce -0.0%
WFC Wells Fargo & Co. 1.73% 50,676 $3.6M Reduce -0.2%
MKL Markel Group Inc. 1.41% 1,581 $3.0M Add +1.4%
DEO Diageo PLC-Sponsored ADR 1.31% 26,255 $2.8M Add +1.4%
SPY SS SPDR S&P 500 ETF Trust-US 1.30% 4,872 $2.7M Reduce -0.2%
UL Unilever PLC 1.28% 45,185 $2.7M Reduce -0.1%
UPS United Parcel Service Class B 1.26% 24,003 $2.6M Reduce -0.3%
V Visa Inc. Class A 1.20% 7,185 $2.5M Reduce -0.2%
AAPL Apple Inc. 1.09% 10,288 $2.3M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.06% 8,968 $2.2M Reduce -0.3%
MCD McDonald's Corp. 1.04% 6,958 $2.2M No change
FDX FedEx Corp. 1.03% 8,888 $2.2M Reduce -0.2%
NVDA Nvidia Corp. 1.02% 19,650 $2.1M Reduce -9.2%
HD Home Depot Inc. 1.00% 5,749 $2.1M No change
CVX Chevron Corp. 0.99% 12,424 $2.1M Reduce -1.6%
COP Conocophillips 0.88% 17,594 $1.8M No change
YUMC Yum China Holdings Inc. 0.85% 34,238 $1.8M Add +0.0%
ABBV Abbvie Inc. 0.84% 8,426 $1.8M No change
GOOGL Alphabet Inc. Class A 0.81% 10,958 $1.7M No change
GEV GE Vernova Inc. 0.71% 4,872 $1.5M No change
LLY Eli Lilly & Co. 0.71% 1,800 $1.5M No change
ADP Automatic Data Processing 0.66% 4,513 $1.4M No change
SBUX Starbucks Corp. 0.65% 13,992 $1.4M Add +1.1%
ABT Abbott Laboratories 0.61% 9,692 $1.3M No change
SMG Scotts Miracle-Gro Co. 0.61% 23,132 $1.3M Reduce -2.6%
PSX Phillips 66 0.59% 10,072 $1.2M Add +0.0%
NOC Northrop Grumman Corp. 0.47% 1,938 $992K No change
MMM 3M Co. 0.47% 6,681 $981K No change
AMGN Amgen Inc. 0.45% 3,034 $945K Reduce -2.0%
BMY Bristol-Myers Squibb Co. 0.44% 15,233 $929K No change
INTC Intel Corp. 0.41% 38,176 $867K No change
WDFC WD-40 Co. 0.41% 3,500 $854K No change
PSA Public Storage 0.40% 2,788 $834K No change
KHC The Kraft Heinz Co. 0.39% 27,014 $822K Reduce -5.2%
XLE SS Energy Select Sector 0.39% 8,654 $809K Reduce -5.5%
BRK.A Berkshire Hathaway Inc. Class A 0.38% 1 $798K No change
PPG PPG Industries Inc. 0.36% 7,000 $765K No change
VOO Vanguard S&P 500 ETF 0.36% 1,451 $746K No change
NKE Nike Inc. Class B 0.34% 11,373 $722K Add +8.3%
GLD SPDR Gold Shares 0.34% 2,448 $705K No change
XOM Exxon Mobil Corp. 0.32% 5,700 $678K No change
BA The Boeing Co. 0.32% 3,911 $667K Add +1.2%
ZTS Zoetis Inc. 0.31% 3,941 $649K No change
RTX RTX Corp. 0.31% 4,879 $646K No change
PH Parker Hannifin Corp. 0.30% 1,037 $630K No change
META Meta Platforms Inc. Class A 0.23% 848 $489K No change
LBTYK Liberty Global Ltd. Class C 0.23% 40,556 $485K Reduce -13.4%
TGT Target Corp. 0.23% 4,593 $479K No change
TRV The Travelers Cos Inc. 0.22% 1,724 $456K No change
GEHC GE Healthcare Technology 0.20% 5,253 $424K Reduce -0.3%
ADBE Adobe Inc. 0.20% 1,102 $423K No change
QQQ Invesco QQQ Trust Series 1 0.16% 731 $343K No change
NSC Norfolk Southern Corp. 0.16% 1,444 $342K No change
HSY The Hershey Co. 0.16% 1,952 $334K No change
PGR Progressive Corp. 0.15% 1,145 $324K No change
BDX Becton Dickinson and Co. 0.15% 1,400 $321K No change
SNREY Sunrise Communicat Class A 0.15% 6,564 $317K New
CSX CSX Corp. 0.14% 10,146 $299K No change
NEE Nextera Energy Inc. 0.14% 4,196 $297K No change
EPD Enterprise Products Partners 0.14% 8,616 $294K No change
CLX Clorox Company 0.14% 1,950 $287K No change
HON Honeywell International Inc. 0.13% 1,327 $281K No change
CSCO Cisco Systems Inc. 0.13% 4,497 $278K No change
TMO Thermo Fisher Scientific Inc. 0.13% 551 $274K No change
CARR Carrier Global Corp. 0.13% 4,219 $267K No change
UNH Unitedhealth Group Inc. 0.13% 508 $266K No change
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP 0.13% 5,500 $266K No change
GILD Gilead Sciences Inc. 0.13% 2,345 $263K No change
VEU Vanguard Ftse All-World Ex-U 0.12% 4,306 $261K No change
BR Broadridge Financial Solutio 0.12% 1,053 $255K No change
SO The Southern Co. 0.12% 2,715 $250K No change
VTI VG Morningstar TS MKT ETF-US 0.12% 904 $248K No change
RACE Ferrari NV 0.12% 577 $247K No change
PFE Pfizer Inc. 0.11% 8,999 $228K No change
IYH iShares U.S. Healthcare ETF 0.11% 3,717 $226K No change
OTIS Otis Worldwide Corp. 0.11% 2,151 $222K New
OXY Occidental Petroleum Corp. 0.11% 4,469 $221K No change
TEL Te Connectivity PLC 0.10% 1,559 $220K No change
MPC Marathon Petroleum Corp. 0.10% 1,508 $220K Reduce -12.4%
COR Cencora Inc. 0.10% 772 $215K New
SYY Sysco Corp. 0.10% 2,802 $210K No change
CB Chubb Ltd. 0.10% 691 $209K New
C Citigroup Inc. 0.10% 2,934 $208K Add +0.0%

Show all 102 holdings

Portfolio Sells Q4 2024 → Q1 2025
EIX Edison International Sold out 0.00% −1.16
MSFT Microsoft Corp. Reduce -0.2% 10.00% −1.08
GOOG Alphabet Inc. Class C Reduce -0.3% 3.51% −0.72
AXP American Express Co. Reduce -0.7% 3.81% −0.36
NVDA Nvidia Corp. Reduce -9.2% 1.02% −0.35
AMZN Amazon.com Inc. Reduce -0.7% 2.26% −0.32
DIS The Walt Disney Co. Reduce -0.0% 2.62% −0.29
UPS United Parcel Service Class B Reduce -0.3% 1.26% −0.17
FDX FedEx Corp. Reduce -0.2% 1.03% −0.14
BAC Bank of America Corp. Reduce -0.0% 3.81% −0.14
SMG Scotts Miracle-Gro Co. Reduce -2.6% 0.61% −0.13
BABA Alibaba Group Holding-SP ADR Sold out 0.00% −0.10
MRK Merck & Co. Inc. Sold out 0.00% −0.10
WMT Walmart Inc. Reduce -0.8% 4.45% −0.10
LBTYK Liberty Global Ltd. Class C Reduce -13.4% 0.23% −0.06
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.2% 1.30% −0.04
KHC The Kraft Heinz Co. Reduce -5.2% 0.39% −0.02
MPC Marathon Petroleum Corp. Reduce -12.4% 0.10% −0.01
GEHC GE Healthcare Technology Reduce -0.3% 0.20% +0.01
XLE SS Energy Select Sector Reduce -5.5% 0.39% +0.02
WFC Wells Fargo & Co. Reduce -0.2% 1.73% +0.06
AMGN Amgen Inc. Reduce -2.0% 0.45% +0.07
UL Unilever PLC Reduce -0.1% 1.28% +0.08
JPM JPMorgan Chase & Co. Reduce -0.2% 2.68% +0.10
CVX Chevron Corp. Reduce -1.6% 0.99% +0.13
V Visa Inc. Class A Reduce -0.2% 1.20% +0.13
IBM Intl Business Machines Corp. Reduce -0.3% 1.06% +0.13
COST Costco Wholesale Corp. Reduce -0.0% 4.24% +0.19
KO The Coca-Cola Co. Reduce -0.0% 1.82% +0.26
GE General Electric Reduce -0.6% 1.86% +0.32
JNJ Johnson & Johnson Reduce -0.6% 2.54% +0.35
YUM Yum! Brands Inc. Reduce -0.1% 2.82% +0.45
AIG American International Group Reduce -0.4% 2.87% +0.49
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.1% 4.82% +0.78

Portfolio Buys Q4 2024 → Q1 2025
MDLZ Mondelez International Inc. Class A Add +0.1% 2.92% +0.39
SNREY Sunrise Communicat Class A New 0.15% +0.15
MKL Markel Group Inc. Add +1.4% 1.41% +0.15
OTIS Otis Worldwide Corp. New 0.11% +0.11
COR Cencora Inc. New 0.10% +0.10
CB Chubb Ltd. New 0.10% +0.10
WES Western Midstream Partners L New 0.10% +0.10
VEA Vanguard Ftse Developed ETF New 0.10% +0.10
YUMC Yum China Holdings Inc. Add +0.0% 0.85% +0.08
SBUX Starbucks Corp. Add +1.1% 0.65% +0.06
PSX Phillips 66 Add +0.0% 0.59% +0.05
PEP Pepsico Inc. Add +1.5% 2.99% +0.05
C Citigroup Inc. Add +0.0% 0.10% +0.00
BA The Boeing Co. Add +1.2% 0.32% −0.00
NKE Nike Inc. Class B Add +8.3% 0.34% −0.03
DEO Diageo PLC-Sponsored ADR Add +1.4% 1.31% −0.23

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 111$248.4MMSFT, GOOG, WMT, BAC, AXP
Q1 2026 108$230.2MMSFT, GOOG, WMT, COST, BAC
Q4 2025 107$240.8MMSFT, GOOG, WMT, AXP, BAC
Q3 2025 101$234.6MMSFT, GOOG, WMT, BAC, AXP
Q2 2025 102$225.2MMSFT, WMT, AXP, COST, BRK.B
Q1 2025 102$209.8MMSFT, BRK.B, WMT, COST, AXP
Q4 2024 99$213.0MMSFT, WMT, GOOG, AXP, COST
Q3 2024 102$214.6MMSFT, BRK.B, WMT, COST, AXP
Q2 2024 101$203.1MMSFT, GOOG, COST, BRK.B, BAC
Q1 2024 101$202.2MMSFT, BRK.B, BAC, GOOG, PEP