Poehling Capital Management, INC.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 11, 2025), Poehling Capital Management, INC. reported 135 stock positions worth $428.1 million. Its top holding was Fairfax Financial (FRFHF) at 7.7% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 6.6%) and Markel (MKL, 6.2%). Compared with Q1 2025, it opened 17 new positions, sold out of 13, added to 54 and reduced 32. The biggest buy was a new position in Apple (AAPL) and the biggest sale an exit from Fidelity National Info Serv (FIS).

Most Recent 13F
Q2 2026
Location
MADISON, WI
CIK
0001730815
Portfolio Value
$428.1M (Q2 2025)
SEC Filing
0001104659-25-075984 ↗ filed Aug 11, 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 Q1 2025 Q2 2025: $428.1M $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 135 stocks · $428.1M
FRFHF Fairfax Financial Hldgs Ltd. 7.75% 18,355 $33.2M Add +1.4%
BRK.B Berkshire Hathaway Inc. Class B 6.63% 58,424 $28.4M Add +0.1%
MKL Markel Group Inc. 6.18% 13,244 $26.5M Add +2.6%
CNNE Cannae Holdings Inc. 4.01% 822,639 $17.2M Add +6.3%
SCHW Schwab (charles) Corp. 3.80% 178,240 $16.3M Reduce -0.3%
MSFT Microsoft Corp. 2.71% 23,358 $11.6M Add +0.8%
GOOG Alphabet Inc. Class C 2.70% 65,131 $11.6M Add +0.5%
WFC Wells Fargo & Co. 2.64% 140,822 $11.3M Reduce -1.1%
MMM 3M Co. 2.41% 67,799 $10.3M Reduce -0.5%
WBD Warner Bros Discovery Inc. 2.35% 878,069 $10.1M Add +17.5%
AAPL Apple Inc. 2.20% 45,924 $9.4M New
PEP Pepsico Inc. 2.18% 70,568 $9.3M Add +279.8%
MA Mastercard Inc. Class A 1.94% 14,763 $8.3M Add +0.0%
V Visa Inc. Class A 1.86% 22,466 $8.0M Add +0.1%
AMZN Amazon.com Inc. 1.68% 32,782 $7.2M Add +0.9%
JEF Jefferies Financial Group Inc. 1.59% 124,345 $6.8M Add +4.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.54% 53,264 $6.6M Add +2.1%
ALIMENTATION COUCHE-TA F CLASS A 1.44% 124,607 $6.2M New
HSY The Hershey Co. 1.43% 36,842 $6.1M Reduce -0.1%
VTRS Viatris Inc. 1.42% 682,528 $6.1M Add +0.7%
PARAA Paramount Global Class B 1.42% 469,813 $6.1M New
BTI British American Tob-SP ADR 1.35% 122,183 $5.8M Add +4.5%
MDT Medtronic PLC 1.32% 65,026 $5.7M Add +0.0%
DEO Diageo PLC-Sponsored ADR 1.32% 56,028 $5.6M Add +1.4%
C Citigroup Inc. 1.25% 62,917 $5.4M Add +0.5%
OXY Occidental Petroleum Corp. 1.09% 111,534 $4.7M Add +0.8%
META Meta Platforms Inc. Class A 1.08% 6,263 $4.6M Add +0.8%
TGT Target Corp. 1.06% 45,998 $4.5M Add +40.9%
JXN Jackson Financial Inc. Class A 1.05% 50,795 $4.5M Reduce -0.2%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.03% 48,204 $4.4M Reduce -1.1%
KKR KKR & Co. Inc. 1.02% 32,978 $4.4M No change
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 1.01% 53,401 $4.3M Add +2.2%
BABA Alibaba Group Holding-SP ADR 0.98% 37,152 $4.2M Add +0.8%
MPC Marathon Petroleum Corp. 0.95% 24,457 $4.1M No change
IVZ Invesco Ltd. 0.94% 255,585 $4.0M Add +0.3%
GS Goldman Sachs Group Inc. 0.92% 5,540 $3.9M Reduce -0.1%
SCHX Schwab US Large-Cap ETF 0.88% 153,707 $3.8M No change
AMG Affiliated Managers Group 0.85% 18,392 $3.6M Reduce -0.1%
CNH CNH Industrial NV 0.81% 266,529 $3.5M Reduce -0.1%
PBR Petroleo Brasileiro-Spon ADR 0.69% 236,251 $3.0M Add +3.4%
FBIZ First Business Financial Ser 0.69% 58,327 $3.0M No change
CARR Carrier Global Corp. 0.66% 38,397 $2.8M Add +0.4%
DINO HF Sinclair Corp. 0.65% 67,875 $2.8M Add +1.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.63% 56,605 $2.7M Reduce -1.1%
BMY Bristol-Myers Squibb Co. 0.62% 57,260 $2.7M Reduce -0.1%
NFLX Netflix Inc. 0.62% 1,979 $2.7M Reduce -1.5%
NVDA Nvidia Corp. 0.61% 16,540 $2.6M Add +11.5%
SBUX Starbucks Corp. 0.59% 27,480 $2.5M Reduce -2.7%
JAZZ Jazz Pharmaceuticals PLC 0.58% 23,345 $2.5M Add +2.3%
AIG American International Group 0.56% 27,844 $2.4M Reduce -0.0%
TFC Truist Financial Corp. 0.53% 52,747 $2.3M Add +0.2%
SPHR Sphere Entertainment Co. 0.53% 53,822 $2.2M Add +51.1%
OGN Organon & Co. 0.46% 201,459 $2.0M Reduce -36.2%
MO Altria Group Inc. 0.44% 32,139 $1.9M Add +4.5%
STZ Constellation Brands Inc. Class A 0.41% 10,889 $1.8M New
SVNDY Seven & I Holdings-Unspn ADR filed as SEVEN AND I HOLDINGS UNSPN ADR 0.40% 107,551 $1.7M Reduce -2.3%
CTRA Coterra Energy Inc. 0.40% 67,753 $1.7M Add +0.1%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.38% 48,442 $1.6M Add +7.2%
PFE Pfizer Inc. 0.36% 63,927 $1.5M Add +2.4%
CVS CVS Health Corp. 0.36% 22,048 $1.5M Reduce -42.7%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.36% 15,757 $1.5M Add +2.7%
GNRC Generac Holdings Inc. 0.34% 10,134 $1.5M No change
VTI VG Morningstar TS MKT ETF-US 0.34% 4,748 $1.4M No change
BDX Becton Dickinson and Co. 0.33% 8,172 $1.4M New
BKNG Booking Holdings Inc. 0.32% 233 $1.3M No change
BEN Franklin Templeton Inc. 0.31% 55,864 $1.3M Add +0.2%
DXC DXC Technology Co. 0.30% 83,958 $1.3M Add +0.5%
IAC/INTERACTIVECORP filed as IAC INC 0.30% 34,320 $1.3M New
JPM JPMorgan Chase & Co. 0.29% 4,254 $1.2M Reduce -78.2%
SHEL Shell PLC-ADR 0.28% 17,223 $1.2M New
EG Everest Group Ltd. 0.26% 3,314 $1.1M Add +3.8%
PSX Phillips 66 0.26% 9,411 $1.1M Add +49.0%
VYM Vanguard High DVD Yield ETF 0.26% 8,276 $1.1M No change
CNC Centene Corp. 0.26% 20,294 $1.1M Add +0.8%
JNJ Johnson & Johnson 0.21% 5,926 $905K Add +1.7%
FTI Technipfmc PLC 0.21% 25,821 $889K Reduce -0.9%
KDP Keurig Dr Pepper Inc. 0.21% 26,609 $880K Reduce -72.0%
FAST Fastenal Co. 0.18% 18,724 $786K No change
USB US Bancorp 0.18% 17,086 $773K Reduce -0.2%
ABBV Abbvie Inc. 0.18% 4,068 $755K Add +1.2%
BP BP PLC-Spons ADR 0.17% 23,718 $710K Add +61.1%
DE Deere & Co. 0.17% 1,392 $708K No change
COST Costco Wholesale Corp. 0.16% 703 $696K Reduce -25.6%
IWF iShares Russell 1000 Growth 0.16% 1,632 $693K No change
PLTR Palantir Technologies Inc. Class A 0.16% 4,872 $664K Reduce -4.4%
WMT Walmart Inc. 0.14% 6,177 $604K Add +5.4%
BHC Bausch Health Cos Inc. 0.13% 86,718 $578K Reduce -0.2%
HHH Howard Hughes Holdings Inc. 0.13% 8,447 $570K Add +1.3%
KWEB Kranesh Csi China Internet 0.13% 16,122 $553K Reduce -0.7%
VOO Vanguard S&P 500 ETF 0.13% 969 $550K No change
CRM Salesforce Inc. 0.13% 1,989 $542K Add +3.9%
MOS The Mosaic Co. 0.12% 14,050 $513K Add +1.4%
INTC Intel Corp. 0.12% 22,826 $511K Reduce -18.3%
BAX Baxter International Inc. 0.12% 16,382 $496K Add +2.0%
ITA iShares U.S. Aerospace & Def 0.10% 2,350 $443K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.10% 4,398 $432K New
MCD McDonald's Corp. 0.10% 1,477 $431K Add +1.9%
BX Blackstone Inc. 0.10% 2,773 $415K No change
APO Apollo Asset Management Inc. 0.10% 2,886 $409K No change
ACGL Arch Capital Group Ltd. 0.10% 4,473 $407K New
CEG Constellation Energy 0.09% 1,255 $405K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.09% 613 $379K Add +12.1%
HD Home Depot Inc. 0.09% 1,022 $375K Add +9.2%
IJR iShares Core S&P Small-Cap E 0.09% 3,393 $371K No change
IWD iShares Russell 1000 Value E 0.09% 1,889 $367K No change
VPU Vanguard Utilities ETF 0.08% 1,950 $344K No change
L Loews Corp. 0.08% 3,741 $343K No change
RTX RTX Corp. 0.08% 2,338 $341K Reduce -15.3%
AMD Advanced Micro Devices 0.08% 2,402 $341K No change
IWR iShares Russell Mid-Cap ETF 0.08% 3,588 $330K No change
LRCX Lam Research Corp. 0.07% 3,300 $321K No change
CP Canadian Pac Railway 0.07% 4,000 $317K No change
IEO iShares U.S. Oil & Gas Explo 0.07% 3,500 $310K No change
GOOGL Alphabet Inc. Class A 0.07% 1,751 $309K Add +3.5%
AVGO Broadcom Inc. 0.07% 1,104 $304K New
CRAK Vaneck Oil Refiners ETF 0.07% 8,751 $287K Reduce -0.7%
PM Philip Morris International 0.07% 1,555 $283K No change
BLK BlackRock Finance Inc. 0.06% 261 $274K Add +4.4%
FITB Fifth Third Bancorp 0.06% 6,320 $260K No change
MGEE Mge Energy Inc. 0.06% 2,928 $259K Reduce -32.7%
CB Chubb Ltd. 0.06% 819 $237K Reduce -0.1%
MTUM iShares MSCI USA Momentum Fa 0.06% 979 $235K New
ANGI Angi Inc. 0.05% 15,146 $231K New
XLE SS Energy Select Sector 0.05% 2,714 $230K Reduce -22.6%
XBI SS SPDR S&P Biotech ETF 0.05% 2,728 $226K Reduce -0.2%
JCI Johnson Controls Internation 0.05% 2,119 $224K New
CSCO Cisco Systems Inc. 0.05% 3,073 $213K New
IEFA iShares Core MSCI Eafe ETF 0.05% 2,444 $204K New
NEE Nextera Energy Inc. 0.04% 2,626 $182K New
CGNT Cognyte Software Ltd. 0.04% 18,782 $174K No change
DIREXION DLY S&P 500 BEAR 3X 0.04% 33,000 $155K New
SABR Sabre Corp. 0.04% 48,435 $153K No change
GERN Geron Corp. 0.02% 75,501 $106K No change
HBI Hanesbrands Inc. 0.02% 15,950 $73K No change
SSP Ew Scripps Co./the-A filed as SCRIPPS E W CO OHIO 0.01% 17,726 $52K No change

Portfolio Sells Q1 2025 → Q2 2025
FIS Fidelity National Info Serv Sold out 0.00% −1.83
DG Dollar General Corp. Sold out 0.00% −1.02
JPM JPMorgan Chase & Co. Reduce -78.2% 0.29% −0.92
NSRGY Nestle SA-Spons ADR Sold out 0.00% −0.80
PARAA Paramount Global Class A Sold out 0.00% −0.74
OGN Organon & Co. Reduce -36.2% 0.46% −0.73
XLF SS Financial Select Sector Sold out 0.00% −0.67
KDP Keurig Dr Pepper Inc. Reduce -72.0% 0.21% −0.62
KVUE Kenvue Inc. Sold out 0.00% −0.56
PPLI People Inc. Sold out 0.00% −0.34
RDS.B Shell PLC-Spon ADR-B Sold out 0.00% −0.32
CVS CVS Health Corp. Reduce -42.7% 0.36% −0.30
TAP Molson Coors Beverage Co. Class B Sold out 0.00% −0.27
BMY Bristol-Myers Squibb Co. Reduce -0.1% 0.62% −0.27
ULTA Ulta Beauty Inc. Sold out 0.00% −0.22
BUD Anheuser-Busch Inbev-SPN ADR Sold out 0.00% −0.17
HSY The Hershey Co. Reduce -0.1% 1.43% −0.17
MMM 3M Co. Reduce -0.5% 2.41% −0.12
SBUX Starbucks Corp. Reduce -2.7% 0.59% −0.11
VNQ Vanguard Real Estate ETF Sold out 0.00% −0.08
COST Costco Wholesale Corp. Reduce -25.6% 0.16% −0.06
AIG American International Group Reduce -0.0% 0.56% −0.06
MGEE Mge Energy Inc. Reduce -32.7% 0.06% −0.04
INTC Intel Corp. Reduce -18.3% 0.12% −0.04
XLE SS Energy Select Sector Reduce -22.6% 0.05% −0.03
JXN Jackson Financial Inc. Class A Reduce -0.2% 1.05% −0.03
CNH CNH Industrial NV Reduce -0.1% 0.81% −0.02
KWEB Kranesh Csi China Internet Reduce -0.7% 0.13% −0.01
RTX RTX Corp. Reduce -15.3% 0.08% −0.01
BNY Bank of New York Mellon Corp. Reduce -1.1% 1.03% −0.01
BHC Bausch Health Cos Inc. Reduce -0.2% 0.13% −0.01
CB Chubb Ltd. Reduce -0.1% 0.06% −0.01
QVCG QVC Group Inc. Sold out 0.00% −0.00
XBI SS SPDR S&P Biotech ETF Reduce -0.2% 0.05% −0.00
USB US Bancorp Reduce -0.2% 0.18% −0.00
FTI Technipfmc PLC Reduce -0.9% 0.21% −0.00
SVNDY Seven & I Holdings-Unspn ADR Reduce -2.3% 0.40% +0.00
CRAK Vaneck Oil Refiners ETF Reduce -0.7% 0.07% +0.00
BAC Bank of America Corp. Reduce -1.1% 0.63% +0.02
PLTR Palantir Technologies Inc. Class A Reduce -4.4% 0.16% +0.05
WFC Wells Fargo & Co. Reduce -1.1% 2.64% +0.05
AMG Affiliated Managers Group Reduce -0.1% 0.85% +0.06
NFLX Netflix Inc. Reduce -1.5% 0.62% +0.14
GS Goldman Sachs Group Inc. Reduce -0.1% 0.92% +0.15
SCHW Schwab (charles) Corp. Reduce -0.3% 3.80% +0.26

Portfolio Buys Q1 2025 → Q2 2025
AAPL Apple Inc. New 2.20% +2.20
PEP Pepsico Inc. Add +279.8% 2.18% +1.47
ALIMENTATION COUCHE-TA F CLASS A New 1.44% +1.44
PARAA Paramount Global Class B New 1.42% +1.42
FRFHF Fairfax Financial Hldgs Ltd. Add +1.4% 7.75% +1.12
MSFT Microsoft Corp. Add +0.8% 2.71% +0.51
CNNE Cannae Holdings Inc. Add +6.3% 4.01% +0.42
STZ Constellation Brands Inc. Class A New 0.41% +0.41
BDX Becton Dickinson and Co. New 0.33% +0.33
WBD Warner Bros Discovery Inc. Add +17.5% 2.35% +0.32
IAC/INTERACTIVECORP New 0.30% +0.30
SHEL Shell PLC-ADR New 0.28% +0.28
DIS The Walt Disney Co. Add +2.1% 1.54% +0.24
SPHR Sphere Entertainment Co. Add +51.1% 0.53% +0.23
NVDA Nvidia Corp. Add +11.5% 0.61% +0.20
TGT Target Corp. Add +40.9% 1.06% +0.20
META Meta Platforms Inc. Class A Add +0.8% 1.08% +0.17
GOOG Alphabet Inc. Class C Add +0.5% 2.70% +0.14
EL Estee Lauder Companies Class A Add +2.2% 1.01% +0.14
BTI British American Tob-SP ADR Add +4.5% 1.35% +0.13
C Citigroup Inc. Add +0.5% 1.25% +0.13
AMZN Amazon.com Inc. Add +0.9% 1.68% +0.12
SJM The JM Smucker Co. New 0.10% +0.10
ACGL Arch Capital Group Ltd. New 0.10% +0.10
DINO HF Sinclair Corp. Add +1.0% 0.65% +0.09
AVGO Broadcom Inc. New 0.07% +0.07
MKL Markel Group Inc. Add +2.6% 6.18% +0.07
PSX Phillips 66 Add +49.0% 0.26% +0.06
MTUM iShares MSCI USA Momentum Fa New 0.06% +0.06
ANGI Angi Inc. New 0.05% +0.05
JCI Johnson Controls Internation New 0.05% +0.05
CSCO Cisco Systems Inc. New 0.05% +0.05
IEFA iShares Core MSCI Eafe ETF New 0.05% +0.05
CARR Carrier Global Corp. Add +0.4% 0.66% +0.04
NEE Nextera Energy Inc. New 0.04% +0.04
BP BP PLC-Spons ADR Add +61.1% 0.17% +0.04
BEN Franklin Templeton Inc. Add +0.2% 0.31% +0.04
DIREXION DLY S&P 500 BEAR 3X New 0.04% +0.04
MOS The Mosaic Co. Add +1.4% 0.12% +0.03
SPY SS SPDR S&P 500 ETF Trust-US Add +12.1% 0.09% +0.01
WMT Walmart Inc. Add +5.4% 0.14% +0.01
GOOGL Alphabet Inc. Class A Add +3.5% 0.07% +0.01
BLK BlackRock Finance Inc. Add +4.4% 0.06% +0.00
HD Home Depot Inc. Add +9.2% 0.09% +0.00
TROW T Rowe Price Group Inc. Add +2.7% 0.36% −0.00
CRM Salesforce Inc. Add +3.9% 0.13% −0.00
MCD McDonald's Corp. Add +1.9% 0.10% −0.01
TFC Truist Financial Corp. Add +0.2% 0.53% −0.02
JEF Jefferies Financial Group Inc. Add +4.7% 1.59% −0.02
HHH Howard Hughes Holdings Inc. Add +1.3% 0.13% −0.02

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