Timucuan Asset Management Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Timucuan Asset Management Inc. reported 23 stock positions worth $3.0 billion. Its top holding was Progressive (PGR) at 8.7% of the portfolio, followed by Schwab (charles) (SCHW, 7.9%) and Somnigroup International (SGI, 7.9%). Compared with Q4 2023, it sold out of 2, added to 12 and reduced 6. The biggest buy was American Express (AXP, shares +2%) and the biggest sale an exit from Brookfield (BN).
- Most Recent 13F
- Q2 2026
- Location
- JACKSONVILLE, FL
- CIK
- 0001034541
- Portfolio Value
- $3.0B (Q1 2024)
- SEC Filing
- 0001034541-24-000003 ↗ filed May 14, 2024
Holdings Value
Holdings 23 stocks · $3.0B
| PGR Progressive Corp. | 8.66% | 1,240,299 | $256.5M | Reduce -0.5% |
| SCHW Schwab (charles) Corp. | 7.92% | 3,242,300 | $234.5M | Add +3.2% |
| SGI Somnigroup International Inc. filed as TEMPUR SEALY INTL INC | 7.89% | 4,111,502 | $233.6M | Add +1.2% |
| BKNG Booking Holdings Inc. | 7.79% | 63,603 | $230.7M | Add +0.7% |
| FND Floor & Decor Holdings Inc. Class A | 7.66% | 1,751,647 | $227.0M | Reduce -14.9% |
| AXP American Express Co. | 7.64% | 993,600 | $226.2M | Add +1.6% |
| THO Thor Industries Inc. | 6.79% | 1,714,389 | $201.2M | Add +2.6% |
| ADI Analog Devices Inc. | 6.23% | 932,705 | $184.5M | Add +3.7% |
| MC Moelis & Co. Class A | 5.80% | 3,027,630 | $171.9M | Add +1.7% |
| AWI Armstrong World Industries | 4.84% | 1,154,760 | $143.4M | Add +2.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.81% | 339,010 | $142.6M | Add +0.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 4.73% | 221 | $140.2M | Reduce -20.2% |
| KMX Carmax Inc. | 4.56% | 1,551,152 | $135.1M | Add +7.2% |
| ANET Arista Networks Inc. | 4.31% | 440,551 | $127.8M | Reduce -21.3% |
| GOOG Alphabet Inc. Class C | 4.10% | 797,630 | $121.4M | Reduce -32.9% |
| NVR NVR Inc. | 4.08% | 14,929 | $120.9M | Add +1.4% |
| GOOS Canada Goose Holdings Inc. | 0.72% | 1,759,290 | $21.2M | No change |
| BUR Burford Capital Ltd. | 0.59% | 1,103,208 | $17.6M | No change |
| LKFN Lakeland Financial Corp. | 0.42% | 187,811 | $12.5M | Add +0.3% |
| PATK Patrick Industries Inc. | 0.34% | 84,000 | $10.0M | No change |
| WRK Westrock Co. | 0.06% | 35,000 | $1.7M | No change |
| LCII Lci Industries | 0.04% | 10,818 | $1.3M | No change |
| GOOGL Alphabet Inc. Class A | 0.01% | 1,809 | $273K | Reduce -21.5% |
Portfolio Sells Q4 2023 → Q1 2024
| BN Brookfield Corp. | Sold out | 0.00% | −3.52 |
| GOOG Alphabet Inc. Class C | Reduce -32.9% | 4.10% | −1.75 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -20.2% | 4.73% | −0.52 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -14.9% | 7.66% | −0.36 |
| ANET Arista Networks Inc. | Reduce -21.3% | 4.31% | −0.29 |
| WGO Winnebago Industries | Sold out | 0.00% | −0.07 |
| GOOGL Alphabet Inc. Class A | Reduce -21.5% | 0.01% | −0.00 |
| PGR Progressive Corp. | Reduce -0.5% | 8.66% | +1.72 |
Portfolio Buys Q4 2023 → Q1 2024
| AXP American Express Co. | Add +1.6% | 7.64% | +1.24 |
| AWI Armstrong World Industries | Add +2.0% | 4.84% | +0.95 |
| KMX Carmax Inc. | Add +7.2% | 4.56% | +0.68 |
| SGI Somnigroup International Inc. | Add +1.2% | 7.89% | +0.65 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.5% | 4.81% | +0.61 |
| NVR NVR Inc. | Add +1.4% | 4.08% | +0.48 |
| SCHW Schwab (charles) Corp. | Add +3.2% | 7.92% | +0.36 |
| LKFN Lakeland Financial Corp. | Add +0.3% | 0.42% | −0.01 |
| ADI Analog Devices Inc. | Add +3.7% | 6.23% | −0.01 |
| MC Moelis & Co. Class A | Add +1.7% | 5.80% | −0.04 |
| BKNG Booking Holdings Inc. | Add +0.7% | 7.79% | −0.04 |
| THO Thor Industries Inc. | Add +2.6% | 6.79% | −0.12 |
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 |