Regency Capital Management Inc.\DE
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Regency Capital Management Inc.\DE reported 43 stock positions worth $167.3 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 10.0% of the portfolio, followed by Costco Wholesale (COST, 8.3%) and Markel (MKL, 7.6%). Compared with Q4 2024, it opened 5 new positions, sold out of 11, added to 14 and reduced 18. The biggest buy was iShares Gold Trust (IAU, shares +8%) and the biggest sale an exit from Honeywell International (HON).
- Most Recent 13F
- Q2 2026
- Location
- HONOLULU, HI
- CIK
- 0001863894
- Portfolio Value
- $167.3M (Q1 2025)
- SEC Filing
- 0001863894-25-000003 ↗ filed May 6, 2025
Holdings Value
Holdings 43 stocks · $167.3M
| BRK.B Berkshire Hathaway Inc. Class B | 9.95% | 31,266 | $16.7M | Reduce -4.8% |
| COST Costco Wholesale Corp. | 8.31% | 14,704 | $13.9M | Reduce -5.4% |
| MKL Markel Group Inc. | 7.64% | 6,842 | $12.8M | Reduce -1.5% |
| CB Chubb Ltd. | 6.92% | 38,329 | $11.6M | Add +4.8% |
| IAU iShares Gold Trust | 6.31% | 179,156 | $10.6M | Add +7.9% |
| ALEX Alexander & Baldwin Inc. | 5.40% | 524,304 | $9.0M | Add +21.7% |
| AAPL Apple Inc. | 3.74% | 28,185 | $6.3M | Reduce -3.6% |
| APH Amphenol Corp. Class A | 3.67% | 93,579 | $6.1M | Reduce -5.1% |
| MSFT Microsoft Corp. | 3.42% | 15,250 | $5.7M | Reduce -2.3% |
| SHEL Shell PLC-ADR | 3.25% | 74,187 | $5.4M | Reduce -29.9% |
| AMLP Alerian MLP ETF | 3.06% | 98,670 | $5.1M | Reduce -0.4% |
| AME Ametek Inc. | 3.02% | 29,325 | $5.0M | Reduce -2.0% |
| TMO Thermo Fisher Scientific Inc. | 2.97% | 9,974 | $5.0M | Add +40.2% |
| AURA Aura Biosciences Inc. | 2.62% | 749,482 | $4.4M | Add +23.0% |
| NVDA Nvidia Corp. | 2.51% | 38,796 | $4.2M | Add +51.1% |
| AMZN Amazon.com Inc. | 2.47% | 21,714 | $4.1M | Add +3.9% |
| AON Aon PLC Class A | 2.46% | 10,305 | $4.1M | Reduce -3.1% |
| V Visa Inc. Class A | 2.33% | 11,119 | $3.9M | Reduce -1.6% |
| CAT Caterpillar Inc. | 2.32% | 11,757 | $3.9M | Add +0.9% |
| AFL Aflac Inc. | 2.20% | 33,084 | $3.7M | Add +0.6% |
| ASML ASML Holding NV-NY Reg SHS | 2.11% | 5,338 | $3.5M | Add +3.8% |
| CRH CRH PLC | 1.53% | 29,097 | $2.6M | Reduce -57.1% |
| META Meta Platforms Inc. Class A | 1.49% | 4,327 | $2.5M | New |
| JAAA Janus Henderson Aaa Clo ETF | 1.41% | 46,406 | $2.4M | New |
| PSLV Sprott Physical Silver Trust | 1.41% | 202,696 | $2.4M | New |
| SGOV iShares 0-3 Month Treasury B | 1.01% | 16,797 | $1.7M | Add +4.9% |
| ITOT iShares Core S&P Total U.S. | 0.78% | 10,685 | $1.3M | Add +4.4% |
| GOVT iShares US Treasury Bond ETF | 0.75% | 54,597 | $1.3M | Add +96.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.69% | 4,224 | $1.2M | Reduce -7.9% |
| CNM Core & Main Inc. Class A | 0.61% | 21,060 | $1.0M | New |
| ZTS Zoetis Inc. | 0.56% | 5,688 | $937K | New |
| GOOGL Alphabet Inc. Class A | 0.55% | 5,909 | $914K | Reduce -0.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.48% | 1 | $798K | No change |
| IVV iShares Core S&P 500 ETF | 0.47% | 1,385 | $778K | No change |
| VECT Vectivbio Holding AG | 0.30% | 510,000 | $510K | No change |
| TSLA Tesla Inc. | 0.29% | 1,894 | $491K | Reduce -12.1% |
| XOM Exxon Mobil Corp. | 0.20% | 2,806 | $334K | Reduce -1.3% |
| IWN iShares Russell 2000 Value E | 0.18% | 2,000 | $302K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.16% | 484 | $271K | Add +6.6% |
| MATX Matson Inc. | 0.16% | 2,050 | $263K | No change |
| IBIT iShares Bitcoin Trust ETF | 0.14% | 4,929 | $231K | Reduce -50.9% |
| XLK SS Technology Select Sector | 0.13% | 1,086 | $224K | Reduce -17.5% |
| ZNTL Zentalis Pharmaceuticals Inc. | 0.03% | 29,500 | $47K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| HON Honeywell International Inc. | Sold out | 0.00% | −3.42 |
| VMC Vulcan Materials Co. | Sold out | 0.00% | −2.84 |
| VLTO Veralto Corp. | Sold out | 0.00% | −2.52 |
| DHR Danaher Corp. | Sold out | 0.00% | −2.31 |
| CRH CRH PLC | Reduce -57.1% | 1.53% | −1.87 |
| DE Deere & Co. | Sold out | 0.00% | −0.91 |
| FERG Ferguson Enterprises Inc. | Sold out | 0.00% | −0.90 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.83 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.65 |
| SHEL Shell PLC-ADR | Reduce -29.9% | 3.25% | −0.34 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −0.26 |
| AAPL Apple Inc. | Reduce -3.6% | 3.74% | −0.22 |
| TSLA Tesla Inc. | Reduce -12.1% | 0.29% | −0.18 |
| IBIT iShares Bitcoin Trust ETF | Reduce -50.9% | 0.14% | −0.15 |
| FBTC Fidelity Wise Origin Bitcoin | Sold out | 0.00% | −0.15 |
| MSFT Microsoft Corp. | Reduce -2.3% | 3.42% | −0.14 |
| RCAT Red Cat Holdings Inc. | Sold out | 0.00% | −0.07 |
| GOOGL Alphabet Inc. Class A | Reduce -0.1% | 0.55% | −0.06 |
| APH Amphenol Corp. Class A | Reduce -5.1% | 3.67% | −0.04 |
| XLK SS Technology Select Sector | Reduce -17.5% | 0.13% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -7.9% | 0.69% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -1.3% | 0.20% | +0.03 |
| AME Ametek Inc. | Reduce -2.0% | 3.02% | +0.10 |
| AON Aon PLC Class A | Reduce -3.1% | 2.46% | +0.39 |
| V Visa Inc. Class A | Reduce -1.6% | 2.33% | +0.39 |
| AMLP Alerian MLP ETF | Reduce -0.4% | 3.06% | +0.48 |
| COST Costco Wholesale Corp. | Reduce -5.4% | 8.31% | +0.60 |
| MKL Markel Group Inc. | Reduce -1.5% | 7.64% | +1.15 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.8% | 9.95% | +1.89 |
Portfolio Buys Q4 2024 → Q1 2025
| IAU iShares Gold Trust | Add +7.9% | 6.31% | +1.86 |
| META Meta Platforms Inc. Class A | New | 1.49% | +1.49 |
| CB Chubb Ltd. | Add +4.8% | 6.92% | +1.45 |
| JAAA Janus Henderson Aaa Clo ETF | New | 1.41% | +1.41 |
| PSLV Sprott Physical Silver Trust | New | 1.41% | +1.41 |
| ALEX Alexander & Baldwin Inc. | Add +21.7% | 5.40% | +1.26 |
| TMO Thermo Fisher Scientific Inc. | Add +40.2% | 2.97% | +0.96 |
| NVDA Nvidia Corp. | Add +51.1% | 2.51% | +0.65 |
| CNM Core & Main Inc. Class A | New | 0.61% | +0.61 |
| ZTS Zoetis Inc. | New | 0.56% | +0.56 |
| GOVT iShares US Treasury Bond ETF | Add +96.6% | 0.75% | +0.40 |
| AFL Aflac Inc. | Add +0.6% | 2.20% | +0.36 |
| ASML ASML Holding NV-NY Reg SHS | Add +3.8% | 2.11% | +0.18 |
| SGOV iShares 0-3 Month Treasury B | Add +4.9% | 1.01% | +0.14 |
| ITOT iShares Core S&P Total U.S. | Add +4.4% | 0.78% | +0.07 |
| CAT Caterpillar Inc. | Add +0.9% | 2.32% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +6.6% | 0.16% | +0.02 |
| AMZN Amazon.com Inc. | Add +3.9% | 2.47% | −0.01 |
| AURA Aura Biosciences Inc. | Add +23.0% | 2.62% | −0.09 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 64 | $251.4M | BRK.B, IAU, MKL, APH, COST |
| Q1 2026 | 60 | $223.5M | IAU, BRK.B, COST, MKL, CB |
| Q4 2025 | 62 | $240.4M | BRK.B, MKL, IAU, CB, COST |
| Q3 2025 | 58 | $210.3M | BRK.B, MKL, COST, IAU, CB |
| Q2 2025 | 58 | $190.6M | BRK.B, COST, MKL, CB, IAU |
| Q1 2025 | 43 | $167.3M | BRK.B, COST, MKL, CB, IAU |
| Q4 2024 | 49 | $184.7M | BRK.B, COST, MKL, CB, IAU |
| Q3 2024 | 46 | $182.0M | BRK.B, COST, MKL, CB, GOVT |
| Q2 2024 | 47 | $155.3M | COST, BRK.B, MKL, CRH, SHEL |
| Q1 2024 | 48 | $157.1M | BRK.B, COST, CRH, MKL, SHEL |