Tevis Investment Management

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed December 2, 2025), Tevis Investment Management reported 106 stock positions worth $166.1 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 5.8% of the portfolio, followed by Goldman Sachs Access Treasur (GBIL, 4.1%) and Coca-Cola Europacific Partne (CCEP, 4.1%). Compared with Q2 2025, it opened 5 new positions, sold out of 3, added to 51 and reduced 26. The biggest buy was a new position in Oneok (OKE) and the biggest sale an exit from SS SPDR BB 1-3M T-Bill ETF (BIL).

Most Recent 13F
Q2 2026
Location
PLANO, TX
CIK
0001940416
Portfolio Value
$166.1M (Q3 2025)
SEC Filing
0001986152-25-000111 ↗ filed Dec 2, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $117.6M Q1 2024 Q2 2024: $124.5M Q2 2024 Q3 2024: $135.2M Q3 2024 Q4 2024: $134.8M Q4 2024 Q1 2025: $134.8M Q1 2025 Q2 2025: $156.1M Q2 2025 Q3 2025: $166.1M $166.1M Q3 2025 Q4 2025: $166.1M Q4 2025 Q1 2026: $175.6M Q1 2026 Q2 2026: $182.8M Q2 2026

Holdings 106 stocks · $166.1M
BRK.B Berkshire Hathaway Inc. Class B 5.77% 19,059 $9.6M Add +4.0%
GBIL Goldman Sachs Access Treasur 4.12% 68,207 $6.8M Add +9.8%
CCEP Coca-Cola Europacific Partne 4.07% 74,715 $6.8M No change
AAPL Apple Inc. 3.59% 23,402 $6.0M Reduce -0.3%
UL Unilever PLC 3.50% 98,076 $5.8M Add +4.8%
MSFT Microsoft Corp. 3.27% 10,479 $5.4M Add +0.8%
MDT Medtronic PLC 3.09% 53,510 $5.1M Add +1.8%
GOOGL Alphabet Inc. Class A 2.94% 20,076 $4.9M Reduce -3.7%
INVH Invitation Homes Inc. 2.61% 146,241 $4.3M No change
NVDA Nvidia Corp. 2.59% 23,098 $4.3M Reduce -0.4%
JNJ Johnson & Johnson 2.57% 23,017 $4.3M Add +3.5%
FNV Franco-Nevada Corp. 2.09% 15,597 $3.5M Reduce -1.1%
AEM Agnico Eagle Mines Ltd. 2.06% 20,299 $3.4M Add +0.2%
L Loews Corp. 1.98% 32,833 $3.3M Reduce -1.1%
ENB Enbridge Inc. 1.83% 60,121 $3.0M Reduce -4.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.61% 23,351 $2.7M Reduce -14.9%
ORCL Oracle Corp. 1.61% 9,495 $2.7M Reduce -16.1%
NVO Novo-Nordisk A/S-Spons ADR 1.49% 44,700 $2.5M Add +12.1%
PG The Procter & Gamble Co. 1.37% 14,811 $2.3M Add +4.7%
VOD Vodafone Group PLC-SP ADR 1.31% 187,065 $2.2M Add +3.8%
CVX Chevron Corp. 1.29% 13,788 $2.1M Add +4.9%
RTX RTX Corp. 1.26% 12,489 $2.1M Reduce -12.9%
ASML ASML Holding NV-NY Reg SHS 1.24% 2,132 $2.1M Add +0.8%
PM Philip Morris International 1.20% 12,320 $2.0M No change
EOG EOG Resources Inc. 1.15% 17,084 $1.9M Add +1.9%
TRV The Travelers Cos Inc. 1.11% 6,605 $1.8M Add +0.1%
KO The Coca-Cola Co. 1.05% 26,150 $1.7M Add +0.0%
XOM Exxon Mobil Corp. 1.05% 15,477 $1.7M Add +0.1%
DG Dollar General Corp. 1.04% 16,655 $1.7M Add +0.5%
OKE Oneok Inc. 1.00% 22,845 $1.7M New
HON Honeywell International Inc. 0.98% 7,736 $1.6M Add +5.9%
GD General Dynamics Corp. 0.95% 4,618 $1.6M Add +9.0%
HSY The Hershey Co. 0.93% 8,277 $1.5M No change
MGA Magna International Inc. 0.87% 30,364 $1.4M Add +6.2%
LLY Eli Lilly & Co. 0.85% 1,861 $1.4M Add +42.0%
C Citigroup Inc. 0.85% 13,989 $1.4M Reduce -26.6%
GM General Motors Co. 0.84% 22,983 $1.4M Add +6.4%
CTVA Corteva Inc. 0.83% 20,307 $1.4M Reduce -1.1%
THO Thor Industries Inc. 0.81% 12,979 $1.3M Add +4.4%
CMCSA Comcast Corp. Class A 0.81% 42,685 $1.3M Add +4.6%
JPM JPMorgan Chase & Co. 0.80% 4,238 $1.3M Add +0.8%
FDX FedEx Corp. 0.80% 5,622 $1.3M Add +22.9%
PEP Pepsico Inc. 0.80% 9,459 $1.3M Add +7.3%
SBUX Starbucks Corp. 0.79% 15,498 $1.3M Add +19.1%
V Visa Inc. Class A 0.79% 3,824 $1.3M Add +0.9%
EMR Emerson Electric Co. 0.78% 9,938 $1.3M No change
GEHC GE Healthcare Technology 0.76% 16,737 $1.3M Add +2.8%
SSNC Ss&c Technologies Holdings 0.74% 13,813 $1.2M New
WMT Walmart Inc. 0.73% 11,773 $1.2M Reduce -1.4%
LEN Lennar Corp. Class A 0.70% 9,169 $1.2M Add +5.7%
COST Costco Wholesale Corp. 0.68% 1,227 $1.1M Add +0.1%
CHRW C.H. Robinson Worldwide Inc. 0.64% 8,045 $1.1M Reduce -14.6%
AMZN Amazon.com Inc. 0.64% 4,813 $1.1M Add +0.3%
SYY Sysco Corp. 0.62% 12,590 $1.0M No change
HD Home Depot Inc. 0.60% 2,461 $997K Add +0.4%
CSCO Cisco Systems Inc. 0.58% 14,191 $971K No change
MA Mastercard Inc. Class A 0.57% 1,655 $941K No change
ABBV Abbvie Inc. 0.56% 4,000 $926K No change
ARW Arrow Electronics Inc. 0.52% 7,169 $867K Add +15.0%
MO Altria Group Inc. 0.52% 12,866 $864K No change
ACN Accenture PLC Class A 0.49% 3,315 $817K Add +1.6%
DEO Diageo PLC-Sponsored ADR 0.48% 8,294 $791K Add +6.3%
LBTYA Liberty Global Ltd. Class A 0.46% 66,999 $768K Add +13.9%
CSRE C&S Real Estate Active ETF 0.42% 26,801 $698K Add +0.9%
ANET Arista Networks Inc. 0.41% 4,697 $684K Add +10.9%
MRK Merck & Co. Inc. 0.41% 8,026 $680K No change
APD Air Products & Chemicals Inc. 0.39% 2,365 $645K No change
IEX Idex Corp. 0.38% 3,919 $638K New
VOO Vanguard S&P 500 ETF 0.38% 1,033 $634K Reduce -2.1%
GE General Electric filed as GE AEROSPACE 0.38% 2,085 $628K No change
CME Cme Group Inc. 0.35% 2,130 $576K Add +0.5%
ABT Abbott Laboratories 0.34% 4,200 $563K Add +5.0%
DOCS Doximity Inc. Class A 0.32% 7,229 $529K Add +7.9%
UGI Ugi Corp. 0.31% 15,520 $522K No change
PFE Pfizer Inc. 0.31% 20,400 $520K No change
CL Colgate-Palmolive Co. 0.31% 6,477 $518K Add +21.2%
COR Cencora Inc. 0.31% 1,637 $512K Reduce -2.4%
LNG Cheniere Energy Inc. 0.31% 2,177 $512K No change
SPOT Spotify Technology SA 0.30% 717 $500K Reduce -10.6%
PWR Quanta Services Inc. 0.29% 1,176 $487K Reduce -15.3%
MDLZ Mondelez International Inc. Class A 0.29% 7,638 $481K No change
MMM 3M Co. 0.29% 3,063 $475K Reduce -4.8%
HUBB Hubbell Inc. 0.28% 1,097 $472K No change
RACE Ferrari NV 0.28% 967 $469K Add +0.9%
NKE Nike Inc. Class B 0.28% 6,517 $457K Reduce -36.2%
ZTS Zoetis Inc. 0.27% 3,054 $447K Add +5.8%
COKE Coca-Cola Consolidated Inc. 0.25% 3,602 $422K Add +20.1%
EXLS Exlservice Holdings Inc. 0.25% 9,527 $419K Add +8.7%
ADBE Adobe Inc. 0.25% 1,168 $412K Reduce -2.8%
TMUS T-Mobile US Inc. 0.24% 1,688 $404K Add +3.0%
OXY Occidental Petroleum Corp. 0.24% 8,383 $398K Reduce -0.6%
TT Trane Technologies PLC 0.23% 914 $386K Reduce -6.0%
ACM Aecom 0.22% 2,853 $372K New
QQQ Invesco QQQ Trust Series 1 0.22% 597 $359K Reduce -0.2%
SPYG SS SPDR P S&P 500 Growth ETF 0.21% 3,262 $341K Reduce -2.8%
GEV GE Vernova Inc. 0.19% 520 $320K No change
VRSN Verisign Inc. 0.19% 1,131 $316K New
COP Conocophillips 0.16% 2,795 $264K Add +0.1%
IEFA iShares Core MSCI Eafe ETF 0.15% 2,777 $242K Reduce -23.3%
SHEL Shell PLC-ADR 0.14% 3,329 $238K No change
SO The Southern Co. 0.14% 2,425 $230K Add +0.5%
K Kellanova 0.14% 2,800 $230K No change
IVV iShares Core S&P 500 ETF 0.14% 336 $225K Reduce -12.7%
LBTYK Liberty Global Ltd. Class C 0.13% 18,742 $220K No change
AWK American Water Works Co. Inc. 0.13% 1,512 $210K No change
EPD Enterprise Products Partners 0.13% 6,719 $210K No change

Portfolio Sells Q2 2025 → Q3 2025
BIL SS SPDR BB 1-3M T-Bill ETF Sold out 0.00% −2.38
DIS The Walt Disney Co. Reduce -14.9% 1.61% −0.58
ROP Roper Technologies Inc. Sold out 0.00% −0.28
NTAP Netapp Inc. Sold out 0.00% −0.25
NKE Nike Inc. Class B Reduce -36.2% 0.28% −0.19
C Citigroup Inc. Reduce -26.6% 0.85% −0.18
CTVA Corteva Inc. Reduce -1.1% 0.83% −0.15
SPOT Spotify Technology SA Reduce -10.6% 0.30% −0.09
RTX RTX Corp. Reduce -12.9% 1.26% −0.08
ADBE Adobe Inc. Reduce -2.8% 0.25% −0.05
IEFA iShares Core MSCI Eafe ETF Reduce -23.3% 0.15% −0.05
PWR Quanta Services Inc. Reduce -15.3% 0.29% −0.04
TT Trane Technologies PLC Reduce -6.0% 0.23% −0.04
MMM 3M Co. Reduce -4.8% 0.29% −0.03
IVV iShares Core S&P 500 ETF Reduce -12.7% 0.14% −0.02
WMT Walmart Inc. Reduce -1.4% 0.73% −0.02
COR Cencora Inc. Reduce -2.4% 0.31% −0.01
VOO Vanguard S&P 500 ETF Reduce -2.1% 0.38% −0.00
ENB Enbridge Inc. Reduce -4.4% 1.83% +0.00
SPYG SS SPDR P S&P 500 Growth ETF Reduce -2.8% 0.21% +0.00
QQQ Invesco QQQ Trust Series 1 Reduce -0.2% 0.22% +0.00
OXY Occidental Petroleum Corp. Reduce -0.6% 0.24% +0.01
ORCL Oracle Corp. Reduce -16.1% 1.61% +0.02
L Loews Corp. Reduce -1.1% 1.98% +0.03
CHRW C.H. Robinson Worldwide Inc. Reduce -14.6% 0.64% +0.06
NVDA Nvidia Corp. Reduce -0.4% 2.59% +0.25
FNV Franco-Nevada Corp. Reduce -1.1% 2.09% +0.44
AAPL Apple Inc. Reduce -0.3% 3.59% +0.50
GOOGL Alphabet Inc. Class A Reduce -3.7% 2.94% +0.58

Portfolio Buys Q2 2025 → Q3 2025
OKE Oneok Inc. New 1.00% +1.00
SSNC Ss&c Technologies Holdings New 0.74% +0.74
AEM Agnico Eagle Mines Ltd. Add +0.2% 2.06% +0.52
JNJ Johnson & Johnson Add +3.5% 2.57% +0.39
IEX Idex Corp. New 0.38% +0.38
ACM Aecom New 0.22% +0.22
LLY Eli Lilly & Co. Add +42.0% 0.85% +0.20
VRSN Verisign Inc. New 0.19% +0.19
GM General Motors Co. Add +6.4% 0.84% +0.16
MGA Magna International Inc. Add +6.2% 0.87% +0.16
ASML ASML Holding NV-NY Reg SHS Add +0.8% 1.24% +0.16
GD General Dynamics Corp. Add +9.0% 0.95% +0.16
ANET Arista Networks Inc. Add +10.9% 0.41% +0.13
MDT Medtronic PLC Add +1.8% 3.09% +0.13
FDX FedEx Corp. Add +22.9% 0.80% +0.13
GBIL Goldman Sachs Access Treasur Add +9.8% 4.12% +0.13
THO Thor Industries Inc. Add +4.4% 0.81% +0.10
LBTYA Liberty Global Ltd. Class A Add +13.9% 0.46% +0.09
CVX Chevron Corp. Add +4.9% 1.29% +0.08
LEN Lennar Corp. Class A Add +5.7% 0.70% +0.08
BRK.B Berkshire Hathaway Inc. Class B Add +4.0% 5.77% +0.07
DOCS Doximity Inc. Class A Add +7.9% 0.32% +0.06
PEP Pepsico Inc. Add +7.3% 0.80% +0.05
VOD Vodafone Group PLC-SP ADR Add +3.8% 1.31% +0.05
COKE Coca-Cola Consolidated Inc. Add +20.1% 0.25% +0.04
SBUX Starbucks Corp. Add +19.1% 0.79% +0.03
HD Home Depot Inc. Add +0.4% 0.60% +0.02
JPM JPMorgan Chase & Co. Add +0.8% 0.80% +0.02
ARW Arrow Electronics Inc. Add +15.0% 0.52% +0.01
EXLS Exlservice Holdings Inc. Add +8.7% 0.25% +0.01
CL Colgate-Palmolive Co. Add +21.2% 0.31% +0.00
COP Conocophillips Add +0.1% 0.16% −0.00
SO The Southern Co. Add +0.5% 0.14% −0.00
TMUS T-Mobile US Inc. Add +3.0% 0.24% −0.01
ABT Abbott Laboratories Add +5.0% 0.34% −0.01
GEHC GE Healthcare Technology Add +2.8% 0.76% −0.02
XOM Exxon Mobil Corp. Add +0.1% 1.05% −0.02
CSRE C&S Real Estate Active ETF Add +0.9% 0.42% −0.02
RACE Ferrari NV Add +0.9% 0.28% −0.02
ZTS Zoetis Inc. Add +5.8% 0.27% −0.02
TRV The Travelers Cos Inc. Add +0.1% 1.11% −0.02
DEO Diageo PLC-Sponsored ADR Add +6.3% 0.48% −0.03
CME Cme Group Inc. Add +0.5% 0.35% −0.03
AMZN Amazon.com Inc. Add +0.3% 0.64% −0.04
MSFT Microsoft Corp. Add +0.8% 3.27% −0.04
PG The Procter & Gamble Co. Add +4.7% 1.37% −0.07
V Visa Inc. Class A Add +0.9% 0.79% −0.08
COST Costco Wholesale Corp. Add +0.1% 0.68% −0.09
HON Honeywell International Inc. Add +5.9% 0.98% −0.11
CMCSA Comcast Corp. Class A Add +4.6% 0.81% −0.13

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 104$182.8MGBIL, BRK.B, CCEP, AAPL, UL
Q1 2026 99$175.6MGBIL, BRK.B, CCEP, AAPL, JNJ
Q4 2025 106$166.1MBRK.B, GBIL, CCEP, AAPL, UL
Q3 2025 106$166.1MBRK.B, GBIL, CCEP, AAPL, UL
Q2 2025 104$156.1MBRK.B, CCEP, GBIL, UL, MSFT
Q1 2025 96$134.8MBRK.B, GBIL, AAPL, CCEP, UL
Q4 2024 96$134.8MBRK.B, GBIL, AAPL, CCEP, UL
Q3 2024 88$135.2MBRK.B, GBIL, AAPL, CCEP, UL
Q2 2024 88$124.5MBRK.B, GBIL, CCEP, AAPL, INVH
Q1 2024 89$117.6MBRK.B, GBIL, CCEP, INVH, AAPL