Poehling Capital Management, INC.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 2, 2025), Poehling Capital Management, INC. reported 131 stock positions worth $395.2 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 7.9% of the portfolio, followed by Fairfax Financial (FRFHF, 6.6%) and Markel (MKL, 6.1%). Compared with Q4 2024, it opened 3 new positions, sold out of 7, added to 37 and reduced 60. The biggest buy was Hershey (HSY, shares +96%) and the biggest sale an exit from Apple (AAPL).

Most Recent 13F
Q2 2026
Location
MADISON, WI
CIK
0001730815
Portfolio Value
$395.2M (Q1 2025)
SEC Filing
0001104659-25-043863 ↗ filed May 2, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $373.3M Q1 2024 Q2 2024: $365.4M Q2 2024 Q3 2024: $391.1M Q3 2024 Q4 2024: $406.5M Q4 2024 Q1 2025: $395.2M $395.2M Q1 2025 Q2 2025: $428.1M Q2 2025 Q3 2025: $475.8M Q3 2025 Q4 2025: $488.7M Q4 2025 Q1 2026: $475.0M Q1 2026 Q2 2026: $466.3M Q2 2026

Holdings 131 stocks · $395.2M
BRK.B Berkshire Hathaway Inc. Class B 7.87% 58,373 $31.1M Reduce -4.8%
FRFHF Fairfax Financial Hldgs Ltd. 6.63% 18,111 $26.2M Add +0.3%
MKL Markel Group Inc. 6.11% 12,911 $24.1M Add +0.5%
CNNE Cannae Holdings Inc. 3.59% 773,490 $14.2M Add +6.9%
SCHW Schwab (charles) Corp. 3.54% 178,801 $14.0M Add +0.0%
WFC Wells Fargo & Co. 2.59% 142,382 $10.2M Reduce -0.5%
GOOG Alphabet Inc. Class C 2.56% 64,816 $10.1M Add +0.3%
MMM 3M Co. 2.53% 68,145 $10.0M Reduce -1.2%
MSFT Microsoft Corp. 2.20% 23,174 $8.7M Reduce -0.3%
MA Mastercard Inc. Class A 2.05% 14,760 $8.1M Reduce -0.2%
WBD Warner Bros Discovery Inc. 2.03% 747,283 $8.0M Add +0.4%
V Visa Inc. Class A 1.99% 22,449 $7.9M Reduce -0.4%
FIS Fidelity National Info Serv 1.83% 96,905 $7.2M Reduce -2.1%
JEF Jefferies Financial Group Inc. 1.61% 118,768 $6.4M Add +1.9%
HSY The Hershey Co. 1.60% 36,877 $6.3M Add +96.4%
AMZN Amazon.com Inc. 1.56% 32,479 $6.2M Reduce -0.2%
VTRS Viatris Inc. 1.49% 677,507 $5.9M Add +1.9%
MDT Medtronic PLC 1.48% 64,998 $5.8M Reduce -7.3%
DEO Diageo PLC-Sponsored ADR 1.46% 55,230 $5.8M Add +2.2%
OXY Occidental Petroleum Corp. 1.38% 110,705 $5.5M Add +1.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.30% 52,159 $5.1M Reduce -0.4%
BABA Alibaba Group Holding-SP ADR 1.23% 36,863 $4.9M Add +0.9%
BTI British American Tob-SP ADR 1.22% 116,922 $4.8M Add +3.2%
JPM JPMorgan Chase & Co. 1.21% 19,489 $4.8M Reduce -0.3%
OGN Organon & Co. 1.19% 315,549 $4.7M Reduce -2.9%
C Citigroup Inc. 1.13% 62,619 $4.4M Add +0.7%
JXN Jackson Financial Inc. Class A 1.08% 50,906 $4.3M Reduce -0.1%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.03% 48,717 $4.1M Reduce -1.0%
DG Dollar General Corp. 1.02% 45,939 $4.0M Add +5.0%
IVZ Invesco Ltd. 0.98% 254,761 $3.9M Add +0.2%
KKR KKR & Co. Inc. 0.96% 32,978 $3.8M Reduce -1.0%
META Meta Platforms Inc. Class A 0.91% 6,214 $3.6M Reduce -1.0%
MPC Marathon Petroleum Corp. 0.90% 24,457 $3.6M Reduce -0.5%
BMY Bristol-Myers Squibb Co. 0.88% 57,300 $3.5M Add +0.3%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.87% 52,245 $3.4M Add +65.8%
TGT Target Corp. 0.86% 32,638 $3.4M Add +211.2%
SCHX Schwab US Large-Cap ETF 0.86% 153,707 $3.4M No change
PBR Petroleo Brasileiro-Spon ADR 0.83% 228,425 $3.3M Add +0.1%
CNH CNH Industrial NV 0.83% 266,726 $3.3M Add +0.2%
KDP Keurig Dr Pepper Inc. 0.82% 95,168 $3.3M Add +7.7%
NSRGY Nestle SA-Spons ADR 0.80% 31,329 $3.2M Add +1.7%
AMG Affiliated Managers Group 0.78% 18,404 $3.1M Reduce -0.3%
GS Goldman Sachs Group Inc. 0.77% 5,545 $3.0M Reduce -0.2%
PARAA Paramount Global Class A 0.74% 243,714 $2.9M Add +8.3%
JAZZ Jazz Pharmaceuticals PLC 0.72% 22,818 $2.8M Reduce -0.7%
PEP Pepsico Inc. 0.70% 18,580 $2.8M Add +72.7%
SBUX Starbucks Corp. 0.70% 28,253 $2.8M Reduce -33.7%
FBIZ First Business Financial Ser 0.70% 58,327 $2.8M No change
XLF SS Financial Select Sector 0.67% 53,011 $2.6M Reduce -4.1%
CVS CVS Health Corp. 0.66% 38,501 $2.6M Reduce -5.5%
CARR Carrier Global Corp. 0.61% 38,228 $2.4M Reduce -0.8%
AIG American International Group 0.61% 27,846 $2.4M Reduce -0.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.60% 57,255 $2.4M No change
DINO HF Sinclair Corp. 0.56% 67,185 $2.2M Add +4.7%
KVUE Kenvue Inc. 0.56% 91,792 $2.2M Reduce -9.5%
TFC Truist Financial Corp. 0.55% 52,658 $2.2M Add +2.9%
CTRA Coterra Energy Inc. 0.50% 67,707 $2.0M Add +0.8%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.48% 45,208 $1.9M Add +2.0%
NFLX Netflix Inc. 0.47% 2,010 $1.9M No change
MO Altria Group Inc. 0.47% 30,752 $1.8M Reduce -5.0%
NVDA Nvidia Corp. 0.41% 14,838 $1.6M Reduce -2.6%
SVNDY Seven & I Holdings-Unspn ADR filed as SEVEN AND I HOLDINGS UNSPN ADR 0.40% 110,025 $1.6M Reduce -8.5%
PFE Pfizer Inc. 0.40% 62,421 $1.6M Add +4.0%
DXC DXC Technology Co. 0.36% 83,554 $1.4M Reduce -3.8%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.36% 15,346 $1.4M Add +4.9%
PPLI People Inc. filed as IAC INC 0.34% 29,194 $1.3M Add +0.4%
VTI VG Morningstar TS MKT ETF-US 0.33% 4,748 $1.3M No change
GNRC Generac Holdings Inc. 0.32% 10,134 $1.3M Reduce -0.6%
RDS.B Shell PLC-Spon ADR-B filed as DUTCH SHELL PLC 0.32% 17,272 $1.3M Reduce -2.4%
CNC Centene Corp. 0.31% 20,128 $1.2M Reduce -1.1%
SPHR Sphere Entertainment Co. 0.29% 35,620 $1.2M Reduce -0.6%
EG Everest Group Ltd. 0.29% 3,192 $1.2M New
TAP Molson Coors Beverage Co. Class B 0.27% 17,677 $1.1M Reduce -14.1%
BKNG Booking Holdings Inc. 0.27% 233 $1.1M Reduce -4.9%
BEN Franklin Templeton Inc. 0.27% 55,730 $1.1M Add +0.3%
VYM Vanguard High DVD Yield ETF 0.27% 8,276 $1.1M No change
JNJ Johnson & Johnson 0.24% 5,828 $966K Reduce -1.1%
COST Costco Wholesale Corp. 0.23% 945 $894K Reduce -10.3%
ULTA Ulta Beauty Inc. 0.22% 2,368 $868K Reduce -12.4%
ABBV Abbvie Inc. 0.21% 4,018 $842K Reduce -3.1%
FTI Technipfmc PLC 0.21% 26,045 $825K Reduce -2.7%
PSX Phillips 66 0.20% 6,317 $780K Reduce -0.5%
FAST Fastenal Co. 0.18% 9,362 $726K No change
USB US Bancorp 0.18% 17,126 $723K No change
BUD Anheuser-Busch Inbev-SPN ADR 0.17% 10,895 $671K Reduce -1.4%
DE Deere & Co. 0.17% 1,392 $653K No change
INTC Intel Corp. 0.16% 27,926 $634K Reduce -0.3%
HHH Howard Hughes Holdings Inc. 0.16% 8,336 $618K New
IWF iShares Russell 1000 Growth 0.15% 1,632 $589K No change
KWEB Kranesh Csi China Internet 0.14% 16,240 $567K Reduce -0.3%
BHC Bausch Health Cos Inc. 0.14% 86,875 $562K Reduce -1.0%
BAX Baxter International Inc. 0.14% 16,063 $550K Add +0.7%
WMT Walmart Inc. 0.13% 5,861 $515K Reduce -1.7%
CRM Salesforce Inc. 0.13% 1,914 $514K No change
VOO Vanguard S&P 500 ETF 0.13% 969 $498K No change
BP BP PLC-Spons ADR 0.13% 14,724 $498K No change
MCD McDonald's Corp. 0.11% 1,449 $453K Reduce -0.8%
PLTR Palantir Technologies Inc. Class A 0.11% 5,095 $430K Add +69.2%
MGEE Mge Energy Inc. 0.10% 4,350 $404K No change
APO Apollo Asset Management Inc. 0.10% 2,886 $395K No change

Show all 131 holdings

Portfolio Sells Q4 2024 → Q1 2025
AAPL Apple Inc. Sold out 0.00% −3.90
SOLV Solventum Corp. Sold out 0.00% −0.50
WBA Walgreens Boots Alliance Inc. Sold out 0.00% −0.27
SBUX Starbucks Corp. Reduce -33.7% 0.70% −0.26
KKR KKR & Co. Inc. Reduce -1.0% 0.96% −0.25
MSFT Microsoft Corp. Reduce -0.3% 2.20% −0.21
AMZN Amazon.com Inc. Reduce -0.2% 1.56% −0.19
FIS Fidelity National Info Serv Reduce -2.1% 1.83% −0.14
DIS The Walt Disney Co. Reduce -0.4% 1.30% −0.13
AMGN Amgen Inc. Sold out 0.00% −0.10
NVDA Nvidia Corp. Reduce -2.6% 0.41% −0.10
ULTA Ulta Beauty Inc. Reduce -12.4% 0.22% −0.07
DXC DXC Technology Co. Reduce -3.8% 0.36% −0.07
GNRC Generac Holdings Inc. Reduce -0.6% 0.32% −0.06
SPHR Sphere Entertainment Co. Reduce -0.6% 0.29% −0.06
SVNDY Seven & I Holdings-Unspn ADR Reduce -8.5% 0.40% −0.06
AMG Affiliated Managers Group Reduce -0.3% 0.78% −0.06
AVGO Broadcom Inc. Sold out 0.00% −0.06
FDX FedEx Corp. Sold out 0.00% −0.05
MTUM iShares MSCI USA Momentum Fa Sold out 0.00% −0.05
CARR Carrier Global Corp. Reduce -0.8% 0.61% −0.03
BHC Bausch Health Cos Inc. Reduce -1.0% 0.14% −0.03
BKNG Booking Holdings Inc. Reduce -4.9% 0.27% −0.03
CEG Constellation Energy Reduce -16.8% 0.06% −0.02
TAP Molson Coors Beverage Co. Class B Reduce -14.1% 0.27% −0.02
GS Goldman Sachs Group Inc. Reduce -0.2% 0.77% −0.02
JXN Jackson Financial Inc. Class A Reduce -0.1% 1.08% −0.01
COST Costco Wholesale Corp. Reduce -10.3% 0.23% −0.01
SABR Sabre Corp. Reduce -3.3% 0.03% −0.01
HBI Hanesbrands Inc. Reduce -4.8% 0.02% −0.01
XBI SS SPDR S&P Biotech ETF Reduce -3.4% 0.06% −0.01
BLK BlackRock Finance Inc. Reduce -2.0% 0.06% −0.00
OGN Organon & Co. Reduce -2.9% 1.19% −0.00
HD Home Depot Inc. Reduce -0.4% 0.09% −0.00
QVCG QVC Group Inc. Reduce -6.2% 0.00% −0.00
WMT Walmart Inc. Reduce -1.7% 0.13% −0.00
META Meta Platforms Inc. Class A Reduce -1.0% 0.91% +0.00
CRAK Vaneck Oil Refiners ETF Reduce -2.5% 0.06% +0.00
L Loews Corp. Reduce -5.7% 0.09% +0.00
CNC Centene Corp. Reduce -1.1% 0.31% +0.01
RTX RTX Corp. Reduce -9.2% 0.09% +0.01
CB Chubb Ltd. Reduce -0.6% 0.06% +0.01
XLE SS Energy Select Sector Reduce -0.1% 0.08% +0.01
MCD McDonald's Corp. Reduce -0.8% 0.11% +0.01
XLF SS Financial Select Sector Reduce -4.1% 0.67% +0.01
FTI Technipfmc PLC Reduce -2.7% 0.21% +0.02
PSX Phillips 66 Reduce -0.5% 0.20% +0.02
JAZZ Jazz Pharmaceuticals PLC Reduce -0.7% 0.72% +0.02
INTC Intel Corp. Reduce -0.3% 0.16% +0.02
KVUE Kenvue Inc. Reduce -9.5% 0.56% +0.02

Portfolio Buys Q4 2024 → Q1 2025
HSY The Hershey Co. Add +96.4% 1.60% +0.81
MKL Markel Group Inc. Add +0.5% 6.11% +0.65
TGT Target Corp. Add +211.2% 0.86% +0.51
BABA Alibaba Group Holding-SP ADR Add +0.9% 1.23% +0.47
FRFHF Fairfax Financial Hldgs Ltd. Add +0.3% 6.63% +0.44
PEP Pepsico Inc. Add +72.7% 0.70% +0.30
EG Everest Group Ltd. New 0.29% +0.29
EL Estee Lauder Companies Class A Add +65.8% 0.87% +0.29
SCHW Schwab (charles) Corp. Add +0.0% 3.54% +0.29
BTI British American Tob-SP ADR Add +3.2% 1.22% +0.21
DG Dollar General Corp. Add +5.0% 1.02% +0.21
NSRGY Nestle SA-Spons ADR Add +1.7% 0.80% +0.18
PARAA Paramount Global Class A Add +8.3% 0.74% +0.16
HHH Howard Hughes Holdings Inc. New 0.16% +0.16
KDP Keurig Dr Pepper Inc. Add +7.7% 0.82% +0.13
PBR Petroleo Brasileiro-Spon ADR Add +0.1% 0.83% +0.11
WBD Warner Bros Discovery Inc. Add +0.4% 2.03% +0.09
BMY Bristol-Myers Squibb Co. Add +0.3% 0.88% +0.09
CNH CNH Industrial NV Add +0.2% 0.83% +0.09
CTRA Coterra Energy Inc. Add +0.8% 0.50% +0.07
OXY Occidental Petroleum Corp. Add +1.9% 1.38% +0.06
PM Philip Morris International New 0.06% +0.06
SLB SLB Ltd. Add +2.0% 0.48% +0.06
CNNE Cannae Holdings Inc. Add +6.9% 3.59% +0.05
PLTR Palantir Technologies Inc. Class A Add +69.2% 0.11% +0.05
C Citigroup Inc. Add +0.7% 1.13% +0.05
PPLI People Inc. Add +0.4% 0.34% +0.03
BAX Baxter International Inc. Add +0.7% 0.14% +0.02
MOS The Mosaic Co. Add +9.9% 0.09% +0.02
PFE Pfizer Inc. Add +4.0% 0.40% +0.01
DINO HF Sinclair Corp. Add +4.7% 0.56% +0.01
VNQ Vanguard Real Estate ETF Add +1.0% 0.08% +0.00
TFC Truist Financial Corp. Add +2.9% 0.55% +0.00
BEN Franklin Templeton Inc. Add +0.3% 0.27% −0.01
TROW T Rowe Price Group Inc. Add +4.9% 0.36% −0.05
IVZ Invesco Ltd. Add +0.2% 0.98% −0.12
DEO Diageo PLC-Sponsored ADR Add +2.2% 1.46% −0.23
GOOG Alphabet Inc. Class C Add +0.3% 2.56% −0.46
VTRS Viatris Inc. Add +1.9% 1.49% −0.54
JEF Jefferies Financial Group Inc. Add +1.9% 1.61% −0.64

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 166$466.3MBRK.B, MKL, GOOG, SCHW, CNNE
Q1 2026 153$475.0MFRFHF, BRK.B, MKL, GOOG, SCHW
Q4 2025 141$488.7MFRFHF, BRK.B, MKL, GOOG, SCHW
Q3 2025 136$475.8MFRFHF, BRK.B, MKL, WBD, SCHW
Q2 2025 135$428.1MFRFHF, BRK.B, MKL, CNNE, SCHW
Q1 2025 131$395.2MBRK.B, FRFHF, MKL, CNNE, SCHW
Q4 2024 135$406.5MBRK.B, FRFHF, MKL, AAPL, CNNE
Q3 2024 134$391.1MBRK.B, FRFHF, MKL, AAPL, CNNE
Q2 2024 130$365.4MBRK.B, FRFHF, MKL, AAPL, CNNE
Q1 2024 128$373.3MBRK.B, FRFHF, MKL, CNNE, SCHW