Timucuan Asset Management Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), Timucuan Asset Management Inc. reported 27 stock positions worth $2.7 billion. Its top holding was Schwab (charles) (SCHW) at 10.0% of the portfolio, followed by Somnigroup International (SGI, 8.6%) and Booking (BKNG, 7.8%). Compared with Q1 2026, it opened 1 new position, sold out of 2, added to 7 and reduced 12. The biggest buy was Armstrong World Industries (AWI, shares +39%) and the biggest sale Analog Devices (ADI, shares −67%).
- Most Recent 13F
- Q2 2026
- Location
- JACKSONVILLE, FL
- CIK
- 0001034541
- Portfolio Value
- $2.7B (Q2 2026)
- SEC Filing
- 0001034541-26-000007 ↗ filed Aug 13, 2026
Holdings Value
Holdings 27 stocks · $2.7B
| SCHW Schwab (charles) Corp. | 9.97% | 2,936,893 | $271.0M | Reduce -0.4% |
| SGI Somnigroup International Inc. | 8.59% | 2,975,857 | $233.3M | Add +1.2% |
| BKNG Booking Holdings Inc. | 7.75% | 1,181,664 | $210.6M | Reduce -0.2% |
| PGR Progressive Corp. | 7.31% | 908,992 | $198.6M | Reduce -0.6% |
| THO Thor Industries Inc. | 7.08% | 2,560,247 | $192.4M | Add +0.3% |
| AXP American Express Co. | 7.05% | 566,262 | $191.5M | Add +0.6% |
| ANET Arista Networks Inc. | 5.71% | 912,952 | $155.1M | Reduce -0.6% |
| FND Floor & Decor Holdings Inc. Class A | 5.65% | 2,585,135 | $153.5M | Reduce -0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 5.56% | 302,128 | $151.2M | Reduce -0.6% |
| IBP Installed Building Products | 5.52% | 652,368 | $149.9M | Reduce -21.1% |
| ABG Asbury Automotive Group | 5.23% | 706,608 | $142.1M | Reduce -0.4% |
| AWI Armstrong World Industries | 4.63% | 784,126 | $125.8M | Add +39.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 4.41% | 160 | $119.8M | Reduce -2.4% |
| MC Moelis & Co. Class A | 3.62% | 1,503,334 | $98.3M | Reduce -0.8% |
| KNSL Kinsale Capital Group Inc. | 3.46% | 285,392 | $94.1M | Add +57.6% |
| ADI Analog Devices Inc. | 3.24% | 221,787 | $88.1M | Reduce -67.4% |
| NVR NVR Inc. | 2.90% | 11,583 | $78.9M | Add +1.6% |
| GOOS Canada Goose Holdings Inc. | 0.62% | 1,758,525 | $16.7M | No change |
| PATK Patrick Industries Inc. | 0.52% | 156,000 | $14.0M | Add +6.8% |
| LKFN Lakeland Financial Corp. | 0.48% | 210,411 | $13.0M | No change |
| FWRD Forward Air Corp. | 0.20% | 398,551 | $5.4M | New |
| CLVT Clarivate PLC | 0.18% | 2,250,000 | $4.9M | No change |
| SW Smurfit Westrock PLC | 0.18% | 105,000 | $4.9M | No change |
| WHR Whirlpool Corp. | 0.08% | 52,500 | $2.1M | No change |
| IP International Paper Co. | 0.04% | 30,000 | $1.1M | Reduce -1.3% |
| GABC German American Bancorp | 0.03% | 15,000 | $712K | No change |
| KMB Kimberly-Clark Corp. | 0.02% | 5,000 | $549K | No change |
Portfolio Sells Q1 2026 → Q2 2026
| ADI Analog Devices Inc. | Reduce -67.4% | 3.24% | −4.72 |
| IBP Installed Building Products | Reduce -21.1% | 5.52% | −2.55 |
| SCHW Schwab (charles) Corp. | Reduce -0.4% | 9.97% | −0.23 |
| BUR Burford Capital Ltd. | Sold out | 0.00% | −0.18 |
| IESC Ies Holdings Inc. | Sold out | 0.00% | −0.09 |
| IP International Paper Co. | Reduce -1.3% | 0.04% | +0.00 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -2.4% | 4.41% | +0.07 |
| ABG Asbury Automotive Group | Reduce -0.4% | 5.23% | +0.12 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.6% | 5.56% | +0.20 |
| BKNG Booking Holdings Inc. | Reduce -0.2% | 7.75% | +0.41 |
| MC Moelis & Co. Class A | Reduce -0.8% | 3.62% | +0.44 |
| PGR Progressive Corp. | Reduce -0.6% | 7.31% | +0.64 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -0.0% | 5.65% | +0.81 |
| ANET Arista Networks Inc. | Reduce -0.6% | 5.71% | +1.56 |
Portfolio Buys Q1 2026 → Q2 2026
| AWI Armstrong World Industries | Add +39.2% | 4.63% | +1.21 |
| KNSL Kinsale Capital Group Inc. | Add +57.6% | 3.46% | +1.19 |
| AXP American Express Co. | Add +0.6% | 7.05% | +0.78 |
| SGI Somnigroup International Inc. | Add +1.2% | 8.59% | +0.58 |
| FWRD Forward Air Corp. | New | 0.20% | +0.20 |
| NVR NVR Inc. | Add +1.6% | 2.90% | +0.14 |
| PATK Patrick Industries Inc. | Add +6.8% | 0.52% | −0.08 |
| THO Thor Industries Inc. | Add +0.3% | 7.08% | −0.42 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 27 | $2.7B | SCHW, SGI, BKNG, PGR, THO |
| Q1 2026 | 28 | $2.7B | SCHW, IBP, SGI, ADI, THO |
| Q4 2025 | 28 | $3.1B | SCHW, SGI, THO, BKNG, ADI |
| Q3 2025 | 28 | $3.4B | SCHW, THO, SGI, BKNG, ADI |
| Q2 2025 | 28 | $3.4B | SCHW, BKNG, SGI, AXP, PGR |
| Q1 2025 | 30 | $3.2B | PGR, SCHW, SGI, BKNG, AXP |
| Q4 2024 | 27 | $3.3B | AXP, PGR, BKNG, SCHW, SGI |
| Q3 2024 | 26 | $3.3B | PGR, BKNG, AXP, SGI, FND |
| Q2 2024 | 25 | $2.9B | PGR, BKNG, SCHW, AXP, ADI |
| Q1 2024 | 23 | $3.0B | PGR, SCHW, SGI, BKNG, FND |