PYA Waltman Capital, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 1, 2025), PYA Waltman Capital, LLC reported 75 stock positions worth $318.1 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 12.5% of the portfolio, followed by T Rowe PRC Cap Appreciation (TCAF, 7.1%) and Post (POST, 6.3%). Compared with Q4 2024, it opened 2 new positions, sold out of 5, added to 33 and reduced 29. The biggest buy was a new position in Roper Technologies (ROP) and the biggest sale an exit from Charter Communications Class A (CHTR).
- Most Recent 13F
- Q2 2026
- Location
- KNOXVILLE, TN
- CIK
- 0001800135
- Portfolio Value
- $318.1M (Q1 2025)
- SEC Filing
- 0001800135-25-000007 ↗ filed May 1, 2025
Holdings Value
Holdings 75 stocks · $318.1M
| BRK.B Berkshire Hathaway Inc. Class B | 12.54% | 74,875 | $39.9M | Add +0.1% |
| TCAF T Rowe PRC Cap Appreciation | 7.13% | 702,848 | $22.7M | Add +18.9% |
| POST Post Holdings Inc. filed as POST HLDGS INC | 6.34% | 173,365 | $20.2M | Add +15.1% |
| MKL Markel Group Inc. | 6.33% | 10,774 | $20.1M | Reduce -0.6% |
| ROST Ross Stores Inc. | 5.23% | 130,264 | $16.6M | Add +1.0% |
| TDG Transdigm Group Inc. | 4.95% | 11,387 | $15.8M | Reduce -1.3% |
| CEF Sprott Physical Gold and Sil | 4.46% | 499,239 | $14.2M | Reduce -1.9% |
| HEI.A Heico Corp. Class A | 4.09% | 61,659 | $13.0M | Reduce -0.4% |
| AMZN Amazon.com Inc. | 3.76% | 62,798 | $11.9M | Add +2.3% |
| SPGI S&P Global Inc. | 3.58% | 22,436 | $11.4M | Reduce -0.8% |
| GOOGL Alphabet Inc. Class A | 3.36% | 69,148 | $10.7M | Reduce -0.4% |
| DHR Danaher Corp. | 2.77% | 42,986 | $8.8M | Add +25.5% |
| ROP Roper Technologies Inc. | 2.38% | 12,843 | $7.6M | New |
| JNJ Johnson & Johnson | 2.13% | 40,885 | $6.8M | Add +2.0% |
| MTN Vail Resorts Inc. | 1.77% | 35,195 | $5.6M | Add +14.6% |
| NOMD Nomad Foods Ltd. | 1.43% | 232,200 | $4.6M | Reduce -21.8% |
| VGIT Vanguard Intermediate-Term T | 1.26% | 67,633 | $4.0M | Add +3.5% |
| ABBV Abbvie Inc. | 1.22% | 18,504 | $3.9M | Add +0.3% |
| AVGO Broadcom Inc. | 1.16% | 22,010 | $3.7M | Reduce -0.3% |
| FBTC Fidelity Wise Origin Bitcoin | 1.14% | 50,229 | $3.6M | Add +10.8% |
| NVR NVR Inc. | 1.13% | 496 | $3.6M | Reduce -5.2% |
| AMGN Amgen Inc. | 1.11% | 11,349 | $3.5M | Add +3.9% |
| HD Home Depot Inc. | 1.04% | 9,061 | $3.3M | Reduce -11.8% |
| PG The Procter & Gamble Co. | 1.00% | 18,658 | $3.2M | Add +4.3% |
| ALL Allstate Corp. | 0.99% | 15,177 | $3.2M | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 0.96% | 12,419 | $3.0M | Reduce -2.4% |
| TXN Texas Instruments Inc. | 0.95% | 16,776 | $3.0M | Add +3.8% |
| UPS United Parcel Service Class B | 0.86% | 24,955 | $2.7M | Add +29.5% |
| PEP Pepsico Inc. | 0.86% | 18,220 | $2.7M | Add +7.6% |
| VGSH Vanguard Short-Term Treasury | 0.84% | 45,485 | $2.7M | Reduce -2.4% |
| AAPL Apple Inc. | 0.77% | 10,976 | $2.4M | Reduce -3.6% |
| CVX Chevron Corp. | 0.75% | 14,272 | $2.4M | Reduce -8.1% |
| GBTC Grayscale Bitcoin Trust ETF | 0.73% | 35,857 | $2.3M | Reduce -4.6% |
| AMT American Tower Corp. | 0.70% | 10,202 | $2.2M | Add +4.5% |
| GD General Dynamics Corp. | 0.69% | 8,023 | $2.2M | Add +5.2% |
| LMT Lockheed Martin Corp. | 0.64% | 4,529 | $2.0M | Add +5.7% |
| BLD Topbuild Corp. | 0.58% | 6,026 | $1.8M | Add +38.0% |
| MSFT Microsoft Corp. | 0.54% | 4,605 | $1.7M | Reduce -0.5% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.52% | 17,835 | $1.6M | Add +4.6% |
| TRV The Travelers Cos Inc. | 0.46% | 5,565 | $1.5M | Add +1.2% |
| ETSY Etsy Inc. | 0.44% | 29,662 | $1.4M | Add +21.7% |
| MCD McDonald's Corp. | 0.40% | 4,060 | $1.3M | Reduce -8.1% |
| VZ Verizon Communications Inc. | 0.40% | 27,716 | $1.3M | Add +3.6% |
| CSCO Cisco Systems Inc. | 0.37% | 19,174 | $1.2M | Add +1.6% |
| ET Energy Transfer LP | 0.35% | 60,676 | $1.1M | Add +55.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.35% | 4,081 | $1.1M | Add +9.9% |
| FETH Fidelity Ethereum Fund | 0.34% | 58,850 | $1.1M | Add +37.5% |
| APD Air Products & Chemicals Inc. | 0.34% | 3,620 | $1.1M | Add +1.2% |
| GLD SPDR Gold Shares | 0.32% | 3,570 | $1.0M | Reduce -13.7% |
| SBUX Starbucks Corp. | 0.32% | 10,428 | $1.0M | Add +3.7% |
| NEE Nextera Energy Inc. | 0.32% | 14,231 | $1.0M | Add +1.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.31% | 2,134 | $1.0M | Add +13.4% |
| GPC Genuine Parts Co. | 0.27% | 7,188 | $860K | Add +8.6% |
| XOM Exxon Mobil Corp. | 0.25% | 6,808 | $810K | Reduce -19.5% |
| ETHE Grayscale Ethereum Staking E | 0.24% | 50,586 | $770K | Reduce -2.5% |
| GE General Electric filed as GE AEROSPACE | 0.17% | 2,730 | $546K | No change |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.16% | 5,525 | $507K | Reduce -7.2% |
| AEM Agnico Eagle Mines Ltd. | 0.14% | 4,152 | $450K | Reduce -14.1% |
| LDOS Leidos Holdings Inc. | 0.13% | 3,118 | $421K | No change |
| SPXC SPX Technologies Inc. | 0.10% | 2,391 | $308K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.09% | 535 | $299K | No change |
| GOOG Alphabet Inc. Class C | 0.09% | 1,871 | $292K | Reduce -2.1% |
| PAAS Pan American Silver Corp. | 0.09% | 11,010 | $284K | Reduce -3.0% |
| BTC Grayscale Bitcoin Mini ETF | 0.09% | 7,495 | $273K | Reduce -5.2% |
| SAIC Science Applications Inte | 0.08% | 2,318 | $260K | No change |
| SLV iShares Silver Trust | 0.08% | 8,248 | $256K | No change |
| SO The Southern Co. | 0.08% | 2,676 | $246K | No change |
| BRBR Bellring Brands Inc. | 0.08% | 3,245 | $242K | Reduce -95.6% |
| BMY Bristol-Myers Squibb Co. | 0.08% | 3,925 | $239K | No change |
| WPM Wheaton Precious Metals Corp. | 0.07% | 2,900 | $225K | Reduce -25.1% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.07% | 770 | $222K | New |
| PNFP Pinnacle Financial Partners | 0.07% | 2,000 | $212K | No change |
| BITB Bitwise Bitcoin ETF | 0.07% | 4,716 | $212K | No change |
| GEV GE Vernova Inc. | 0.07% | 681 | $208K | No change |
| HL Hecla Mining Co. | 0.02% | 11,078 | $62K | Reduce -20.8% |
Portfolio Sells Q4 2024 → Q1 2025
| CHTR Charter Communications Inc. Class A | Sold out | 0.00% | −1.88 |
| BRBR Bellring Brands Inc. | Reduce -95.6% | 0.08% | −1.71 |
| GOOGL Alphabet Inc. Class A | Reduce -0.4% | 3.36% | −0.87 |
| AVGO Broadcom Inc. | Reduce -0.3% | 1.16% | −0.49 |
| NVR NVR Inc. | Reduce -5.2% | 1.13% | −0.25 |
| HD Home Depot Inc. | Reduce -11.8% | 1.04% | −0.24 |
| ETHE Grayscale Ethereum Staking E | Reduce -2.5% | 0.24% | −0.23 |
| NOMD Nomad Foods Ltd. | Reduce -21.8% | 1.43% | −0.17 |
| GBTC Grayscale Bitcoin Trust ETF | Reduce -4.6% | 0.73% | −0.16 |
| AAPL Apple Inc. | Reduce -3.6% | 0.77% | −0.15 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.14 |
| MSFT Microsoft Corp. | Reduce -0.5% | 0.54% | −0.08 |
| ETH Grayscale Ethereum Staking M | Sold out | 0.00% | −0.08 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.07 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.07 |
| SPGI S&P Global Inc. | Reduce -0.8% | 3.58% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -19.5% | 0.25% | −0.04 |
| VGSH Vanguard Short-Term Treasury | Reduce -2.4% | 0.84% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -2.1% | 0.09% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -2.4% | 0.96% | −0.02 |
| BTC Grayscale Bitcoin Mini ETF | Reduce -5.2% | 0.09% | −0.02 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -7.2% | 0.16% | −0.02 |
| MCD McDonald's Corp. | Reduce -8.1% | 0.40% | −0.01 |
| HL Hecla Mining Co. | Reduce -20.8% | 0.02% | −0.00 |
| GLD SPDR Gold Shares | Reduce -13.7% | 0.32% | +0.00 |
| WPM Wheaton Precious Metals Corp. | Reduce -25.1% | 0.07% | +0.00 |
| PAAS Pan American Silver Corp. | Reduce -3.0% | 0.09% | +0.02 |
| AEM Agnico Eagle Mines Ltd. | Reduce -14.1% | 0.14% | +0.02 |
| CVX Chevron Corp. | Reduce -8.1% | 0.75% | +0.03 |
| ALL Allstate Corp. | Reduce -0.1% | 0.99% | +0.05 |
| TDG Transdigm Group Inc. | Reduce -1.3% | 4.95% | +0.24 |
| MKL Markel Group Inc. | Reduce -0.6% | 6.33% | +0.30 |
| HEI.A Heico Corp. Class A | Reduce -0.4% | 4.09% | +0.38 |
| CEF Sprott Physical Gold and Sil | Reduce -1.9% | 4.46% | +0.56 |
Portfolio Buys Q4 2024 → Q1 2025
| ROP Roper Technologies Inc. | New | 2.38% | +2.38 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.1% | 12.54% | +1.62 |
| TCAF T Rowe PRC Cap Appreciation | Add +18.9% | 7.13% | +0.80 |
| POST Post Holdings Inc. | Add +15.1% | 6.34% | +0.79 |
| JNJ Johnson & Johnson | Add +2.0% | 2.13% | +0.26 |
| DHR Danaher Corp. | Add +25.5% | 2.77% | +0.24 |
| AMGN Amgen Inc. | Add +3.9% | 1.11% | +0.19 |
| ABBV Abbvie Inc. | Add +0.3% | 1.22% | +0.16 |
| BLD Topbuild Corp. | Add +38.0% | 0.58% | +0.14 |
| AMT American Tower Corp. | Add +4.5% | 0.70% | +0.12 |
| ET Energy Transfer LP | Add +55.6% | 0.35% | +0.11 |
| UPS United Parcel Service Class B | Add +29.5% | 0.86% | +0.08 |
| MSTR Strategy Inc. | New | 0.07% | +0.07 |
| VZ Verizon Communications Inc. | Add +3.6% | 0.40% | +0.05 |
| VGIT Vanguard Intermediate-Term T | Add +3.5% | 1.26% | +0.04 |
| GD General Dynamics Corp. | Add +5.2% | 0.69% | +0.04 |
| TRV The Travelers Cos Inc. | Add +1.2% | 0.46% | +0.04 |
| PG The Procter & Gamble Co. | Add +4.3% | 1.00% | +0.03 |
| PEP Pepsico Inc. | Add +7.6% | 0.86% | +0.03 |
| SBUX Starbucks Corp. | Add +3.7% | 0.32% | +0.03 |
| ETSY Etsy Inc. | Add +21.7% | 0.44% | +0.02 |
| GPC Genuine Parts Co. | Add +8.6% | 0.27% | +0.02 |
| CSCO Cisco Systems Inc. | Add +1.6% | 0.37% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +9.9% | 0.35% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +13.4% | 0.31% | +0.00 |
| APD Air Products & Chemicals Inc. | Add +1.2% | 0.34% | +0.00 |
| NEE Nextera Energy Inc. | Add +1.7% | 0.32% | −0.01 |
| TXN Texas Instruments Inc. | Add +3.8% | 0.95% | −0.03 |
| LMT Lockheed Martin Corp. | Add +5.7% | 0.64% | −0.03 |
| FBTC Fidelity Wise Origin Bitcoin | Add +10.8% | 1.14% | −0.05 |
| MTN Vail Resorts Inc. | Add +14.6% | 1.77% | −0.08 |
| TROW T Rowe Price Group Inc. | Add +4.6% | 0.52% | −0.11 |
| FETH Fidelity Ethereum Fund | Add +37.5% | 0.34% | −0.12 |
| AMZN Amazon.com Inc. | Add +2.3% | 3.76% | −0.58 |
| ROST Ross Stores Inc. | Add +1.0% | 5.23% | −1.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 67 | $420.6M | BRK.B, TCAF, POST, AMZN, GOOGL |
| Q1 2026 | 67 | $360.7M | BRK.B, POST, TCAF, MKL, GOOGL |
| Q4 2025 | 75 | $372.2M | TCAF, BRK.B, POST, MKL, GOOGL |
| Q3 2025 | 80 | $373.2M | BRK.B, POST, TCAF, MKL, GOOGL |
| Q2 2025 | 76 | $347.4M | BRK.B, TCAF, MKL, POST, TDG |
| Q1 2025 | 75 | $318.1M | BRK.B, TCAF, POST, MKL, ROST |
| Q4 2024 | 78 | $310.4M | BRK.B, TCAF, ROST, MKL, POST |
| Q3 2024 | 73 | $306.0M | BRK.B, ROST, TCAF, POST, MKL |
| Q2 2024 | 66 | $272.3M | BRK.B, ROST, TCAF, MKL, POST |
| Q1 2024 | 66 | $269.6M | BRK.B, ROST, TDG, TCAF, MKL |