Timucuan Asset Management Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Timucuan Asset Management Inc. reported 28 stock positions worth $3.4 billion. Its top holding was Schwab (charles) (SCHW) at 8.5% of the portfolio, followed by Booking (BKNG, 8.3%) and Somnigroup International (SGI, 7.9%). Compared with Q1 2025, it sold out of 2, added to 12 and reduced 12. The biggest buy was Installed Building Products (IBP, shares +73%) and the biggest sale an exit from Alphabet Class C (GOOG).
- Most Recent 13F
- Q2 2026
- Location
- JACKSONVILLE, FL
- CIK
- 0001034541
- Portfolio Value
- $3.4B (Q2 2025)
- SEC Filing
- 0001034541-25-000005 ↗ filed Aug 13, 2025
Holdings Value
Holdings 28 stocks · $3.4B
| SCHW Schwab (charles) Corp. | 8.53% | 3,196,830 | $291.7M | Reduce -2.3% |
| BKNG Booking Holdings Inc. | 8.30% | 49,004 | $283.7M | Reduce -1.1% |
| SGI Somnigroup International Inc. | 7.95% | 3,993,215 | $271.7M | Reduce -6.4% |
| AXP American Express Co. | 7.54% | 807,710 | $257.6M | Reduce -0.1% |
| PGR Progressive Corp. | 7.35% | 941,516 | $251.3M | Reduce -4.9% |
| THO Thor Industries Inc. | 6.95% | 2,674,398 | $237.5M | Add +9.2% |
| ADI Analog Devices Inc. | 6.58% | 945,007 | $224.9M | Reduce -0.1% |
| FISV Fiserv Inc. | 6.10% | 1,210,235 | $208.7M | Add +32.3% |
| FND Floor & Decor Holdings Inc. Class A | 5.73% | 2,580,609 | $196.0M | Add +9.1% |
| ABG Asbury Automotive Group | 5.05% | 724,082 | $172.7M | Add +1.5% |
| IBP Installed Building Products | 4.57% | 866,577 | $156.3M | Add +73.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.56% | 320,881 | $155.9M | Reduce -4.3% |
| AWI Armstrong World Industries | 3.99% | 839,676 | $136.4M | Reduce -2.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 3.75% | 176 | $128.3M | Reduce -5.4% |
| ANET Arista Networks Inc. | 3.54% | 1,181,562 | $120.9M | Add +0.8% |
| MC Moelis & Co. Class A | 2.60% | 1,424,527 | $88.8M | Add +0.5% |
| NVR NVR Inc. | 2.45% | 11,330 | $83.7M | Add +0.1% |
| WSC Willscot Holdings Corp. | 2.06% | 2,574,420 | $70.5M | Add +0.5% |
| GOOS Canada Goose Holdings Inc. | 0.63% | 1,937,925 | $21.7M | Reduce -0.5% |
| BUR Burford Capital Ltd. | 0.46% | 1,103,016 | $15.7M | Reduce -0.1% |
| PATK Patrick Industries Inc. | 0.37% | 136,000 | $12.5M | No change |
| LKFN Lakeland Financial Corp. | 0.36% | 199,111 | $12.2M | No change |
| CLVT Clarivate PLC | 0.28% | 2,250,000 | $9.7M | Reduce -0.2% |
| LCII Lci Industries | 0.09% | 35,318 | $3.2M | Add +226.5% |
| IESC Ies Holdings Inc. filed as IES HLDGS INC | 0.09% | 10,000 | $3.0M | No change |
| SW Smurfit Westrock PLC | 0.06% | 45,000 | $1.9M | Add +28.6% |
| WHR Whirlpool Corp. | 0.05% | 17,500 | $1.8M | Add +40.0% |
| GABC German American Bancorp | 0.02% | 15,000 | $578K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −3.85 |
| PGR Progressive Corp. | Reduce -4.9% | 7.35% | −1.36 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.3% | 4.56% | −0.99 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -5.4% | 3.75% | −0.87 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.01 |
| BUR Burford Capital Ltd. | Reduce -0.1% | 0.46% | +0.01 |
| CLVT Clarivate PLC | Reduce -0.2% | 0.28% | +0.01 |
| SGI Somnigroup International Inc. | Reduce -6.4% | 7.95% | +0.01 |
| GOOS Canada Goose Holdings Inc. | Reduce -0.5% | 0.63% | +0.15 |
| AWI Armstrong World Industries | Reduce -2.3% | 3.99% | +0.23 |
| SCHW Schwab (charles) Corp. | Reduce -2.3% | 8.53% | +0.57 |
| ADI Analog Devices Inc. | Reduce -0.1% | 6.58% | +0.65 |
| AXP American Express Co. | Reduce -0.1% | 7.54% | +0.77 |
| BKNG Booking Holdings Inc. | Reduce -1.1% | 8.30% | +1.20 |
Portfolio Buys Q1 2025 → Q2 2025
| IBP Installed Building Products | Add +73.2% | 4.57% | +1.90 |
| THO Thor Industries Inc. | Add +9.2% | 6.95% | +1.18 |
| ANET Arista Networks Inc. | Add +0.8% | 3.54% | +0.71 |
| ABG Asbury Automotive Group | Add +1.5% | 5.05% | +0.16 |
| LCII Lci Industries | Add +226.5% | 0.09% | +0.06 |
| MC Moelis & Co. Class A | Add +0.5% | 2.60% | +0.03 |
| WHR Whirlpool Corp. | Add +40.0% | 0.05% | +0.02 |
| SW Smurfit Westrock PLC | Add +28.6% | 0.06% | +0.01 |
| NVR NVR Inc. | Add +0.1% | 2.45% | −0.10 |
| WSC Willscot Holdings Corp. | Add +0.5% | 2.06% | −0.15 |
| FISV Fiserv Inc. | Add +32.3% | 6.10% | −0.18 |
| FND Floor & Decor Holdings Inc. Class A | Add +9.1% | 5.73% | −0.19 |
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 |