Regency Capital Management Inc.\DE
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 23, 2025), Regency Capital Management Inc.\DE reported 58 stock positions worth $190.6 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 7.7% of the portfolio, followed by Costco Wholesale (COST, 7.3%) and Markel (MKL, 7.1%). Compared with Q1 2025, it opened 18 new positions, sold out of 3, added to 10 and reduced 23. The biggest buy was a new position in Raymond James Financial (RJF) and the biggest sale an exit from Caterpillar (CAT).
- Most Recent 13F
- Q2 2026
- Location
- HONOLULU, HI
- CIK
- 0001863894
- Portfolio Value
- $190.6M (Q2 2025)
- SEC Filing
- 0001863894-25-000004 ↗ filed Jul 23, 2025
Holdings Value
Holdings 58 stocks · $190.6M
| BRK.B Berkshire Hathaway Inc. Class B | 7.67% | 30,086 | $14.6M | Reduce -3.8% |
| COST Costco Wholesale Corp. | 7.27% | 13,992 | $13.9M | Reduce -4.8% |
| MKL Markel Group Inc. | 7.13% | 6,807 | $13.6M | Reduce -0.5% |
| CB Chubb Ltd. | 5.78% | 38,054 | $11.0M | Reduce -0.7% |
| IAU iShares Gold Trust | 5.60% | 171,052 | $10.7M | Reduce -4.5% |
| ALEX Alexander & Baldwin Inc. | 4.72% | 504,794 | $9.0M | Reduce -3.7% |
| APH Amphenol Corp. Class A | 4.68% | 90,360 | $8.9M | Reduce -3.4% |
| MSFT Microsoft Corp. | 3.98% | 15,245 | $7.6M | Reduce -0.0% |
| AME Ametek Inc. | 3.21% | 33,804 | $6.1M | Add +15.3% |
| NVDA Nvidia Corp. | 3.12% | 37,705 | $6.0M | Reduce -2.8% |
| AAPL Apple Inc. | 2.74% | 25,495 | $5.2M | Reduce -9.5% |
| SHEL Shell PLC-ADR | 2.72% | 73,557 | $5.2M | Reduce -0.8% |
| AMLP Alerian MLP ETF | 2.57% | 100,112 | $4.9M | Add +1.5% |
| AON Aon PLC Class A | 2.48% | 13,262 | $4.7M | Add +28.7% |
| AMZN Amazon.com Inc. | 2.40% | 20,837 | $4.6M | Reduce -4.0% |
| RJF Raymond James Financial Inc. | 2.23% | 27,678 | $4.2M | New |
| META Meta Platforms Inc. Class A | 2.21% | 5,700 | $4.2M | Add +31.7% |
| AURA Aura Biosciences Inc. | 2.19% | 665,881 | $4.2M | Reduce -11.2% |
| ASML ASML Holding NV-NY Reg SHS | 2.08% | 4,940 | $4.0M | Reduce -7.5% |
| V Visa Inc. Class A | 1.96% | 10,542 | $3.7M | Reduce -5.2% |
| AFL Aflac Inc. | 1.94% | 35,048 | $3.7M | Add +5.9% |
| TMO Thermo Fisher Scientific Inc. | 1.67% | 7,829 | $3.2M | Reduce -21.5% |
| NWN Northwest Natural Holding Co. | 1.54% | 74,078 | $2.9M | New |
| LII Lennox International Inc. | 1.43% | 4,750 | $2.7M | New |
| XLE SS Energy Select Sector | 1.34% | 30,229 | $2.6M | New |
| PSLV Sprott Physical Silver Trust | 1.34% | 208,896 | $2.6M | Add +3.1% |
| ALLE Allegion PLC | 1.30% | 17,162 | $2.5M | New |
| JAAA Janus Henderson Aaa Clo ETF | 1.17% | 43,953 | $2.2M | Reduce -5.3% |
| GOVT iShares US Treasury Bond ETF | 0.90% | 74,407 | $1.7M | Add +36.3% |
| ITOT iShares Core S&P Total U.S. | 0.77% | 10,800 | $1.5M | Add +1.1% |
| FTV Fortive Corp. | 0.74% | 27,101 | $1.4M | New |
| VTI VG Morningstar TS MKT ETF-US | 0.68% | 4,234 | $1.3M | Add +0.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.67% | 2,081 | $1.3M | Add +330.0% |
| L Loews Corp. | 0.66% | 13,641 | $1.3M | New |
| CNM Core & Main Inc. Class A | 0.59% | 18,520 | $1.1M | Reduce -12.1% |
| MRSH Marsh & McLennan Cos | 0.55% | 4,809 | $1.1M | New |
| GOOGL Alphabet Inc. Class A | 0.54% | 5,807 | $1.0M | Reduce -1.7% |
| PAYC Paycom Software Inc. | 0.46% | 3,825 | $885K | New |
| IEX Idex Corp. | 0.46% | 4,959 | $871K | New |
| IVV iShares Core S&P 500 ETF | 0.45% | 1,385 | $860K | No change |
| SMH Vaneck Semiconductor ETF | 0.42% | 2,850 | $795K | New |
| AVY Avery Dennison Corp. | 0.39% | 4,213 | $739K | New |
| BRK.A Berkshire Hathaway Inc. Class A | 0.38% | 1 | $729K | No change |
| CLS Celestica Inc. | 0.33% | 4,044 | $631K | New |
| ITOS Iteos Therapeutics Inc. | 0.30% | 58,000 | $578K | New |
| TSLA Tesla Inc. | 0.30% | 1,810 | $575K | Reduce -4.4% |
| SGOV iShares 0-3 Month Treasury B | 0.29% | 5,472 | $551K | Reduce -67.4% |
| RAL Ralliant Corp. | 0.28% | 13,756 | $543K | New |
| VECT Vectivbio Holding AG | 0.27% | 510,000 | $510K | No change |
| IWN iShares Russell 2000 Value E | 0.17% | 2,000 | $316K | No change |
| IBIT iShares Bitcoin Trust ETF | 0.16% | 4,929 | $302K | No change |
| XOM Exxon Mobil Corp. | 0.15% | 2,706 | $292K | Reduce -3.6% |
| SPXC SPX Technologies Inc. | 0.14% | 1,608 | $270K | New |
| XLK SS Technology Select Sector | 0.13% | 986 | $250K | Reduce -9.2% |
| FBTC Fidelity Wise Origin Bitcoin | 0.13% | 2,560 | $241K | New |
| MATX Matson Inc. | 0.12% | 2,050 | $228K | No change |
| NFLX Netflix Inc. | 0.11% | 159 | $213K | New |
| ZNTL Zentalis Pharmaceuticals Inc. | 0.02% | 29,500 | $34K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| CAT Caterpillar Inc. | Sold out | 0.00% | −2.32 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.8% | 7.67% | −2.28 |
| CRH CRH PLC | Sold out | 0.00% | −1.53 |
| TMO Thermo Fisher Scientific Inc. | Reduce -21.5% | 1.67% | −1.30 |
| CB Chubb Ltd. | Reduce -0.7% | 5.78% | −1.13 |
| COST Costco Wholesale Corp. | Reduce -4.8% | 7.27% | −1.04 |
| AAPL Apple Inc. | Reduce -9.5% | 2.74% | −1.00 |
| SGOV iShares 0-3 Month Treasury B | Reduce -67.4% | 0.29% | −0.72 |
| IAU iShares Gold Trust | Reduce -4.5% | 5.60% | −0.72 |
| ALEX Alexander & Baldwin Inc. | Reduce -3.7% | 4.72% | −0.68 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.56 |
| SHEL Shell PLC-ADR | Reduce -0.8% | 2.72% | −0.53 |
| MKL Markel Group Inc. | Reduce -0.5% | 7.13% | −0.51 |
| AURA Aura Biosciences Inc. | Reduce -11.2% | 2.19% | −0.44 |
| V Visa Inc. Class A | Reduce -5.2% | 1.96% | −0.37 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -5.3% | 1.17% | −0.24 |
| AMZN Amazon.com Inc. | Reduce -4.0% | 2.40% | −0.07 |
| XOM Exxon Mobil Corp. | Reduce -3.6% | 0.15% | −0.05 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -7.5% | 2.08% | −0.04 |
| CNM Core & Main Inc. Class A | Reduce -12.1% | 0.59% | −0.02 |
| GOOGL Alphabet Inc. Class A | Reduce -1.7% | 0.54% | −0.01 |
| XLK SS Technology Select Sector | Reduce -9.2% | 0.13% | −0.00 |
| TSLA Tesla Inc. | Reduce -4.4% | 0.30% | +0.01 |
| MSFT Microsoft Corp. | Reduce -0.0% | 3.98% | +0.56 |
| NVDA Nvidia Corp. | Reduce -2.8% | 3.12% | +0.61 |
| APH Amphenol Corp. Class A | Reduce -3.4% | 4.68% | +1.01 |
Portfolio Buys Q1 2025 → Q2 2025
| RJF Raymond James Financial Inc. | New | 2.23% | +2.23 |
| NWN Northwest Natural Holding Co. | New | 1.54% | +1.54 |
| LII Lennox International Inc. | New | 1.43% | +1.43 |
| XLE SS Energy Select Sector | New | 1.34% | +1.34 |
| ALLE Allegion PLC | New | 1.30% | +1.30 |
| FTV Fortive Corp. | New | 0.74% | +0.74 |
| META Meta Platforms Inc. Class A | Add +31.7% | 2.21% | +0.72 |
| L Loews Corp. | New | 0.66% | +0.66 |
| MRSH Marsh & McLennan Cos | New | 0.55% | +0.55 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +330.0% | 0.67% | +0.51 |
| PAYC Paycom Software Inc. | New | 0.46% | +0.46 |
| IEX Idex Corp. | New | 0.46% | +0.46 |
| SMH Vaneck Semiconductor ETF | New | 0.42% | +0.42 |
| AVY Avery Dennison Corp. | New | 0.39% | +0.39 |
| CLS Celestica Inc. | New | 0.33% | +0.33 |
| ITOS Iteos Therapeutics Inc. | New | 0.30% | +0.30 |
| RAL Ralliant Corp. | New | 0.28% | +0.28 |
| AME Ametek Inc. | Add +15.3% | 3.21% | +0.19 |
| GOVT iShares US Treasury Bond ETF | Add +36.3% | 0.90% | +0.15 |
| SPXC SPX Technologies Inc. | New | 0.14% | +0.14 |
| FBTC Fidelity Wise Origin Bitcoin | New | 0.13% | +0.13 |
| NFLX Netflix Inc. | New | 0.11% | +0.11 |
| AON Aon PLC Class A | Add +28.7% | 2.48% | +0.02 |
| ITOT iShares Core S&P Total U.S. | Add +1.1% | 0.77% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.2% | 0.68% | −0.02 |
| PSLV Sprott Physical Silver Trust | Add +3.1% | 1.34% | −0.06 |
| AFL Aflac Inc. | Add +5.9% | 1.94% | −0.26 |
| AMLP Alerian MLP ETF | Add +1.5% | 2.57% | −0.50 |
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 |