Triad Investment Management
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 21, 2026), Triad Investment Management reported 34 stock positions worth $90.7 million. Its top holding was NVR (NVR) at 6.5% of the portfolio, followed by Alphabet Class C (GOOG, 5.8%) and Visa Class A (V, 5.7%). Compared with Q1 2026, it opened 2 new positions, sold out of 4, added to 14 and reduced 16. The biggest buy was a new position in NVR (NVR) and the biggest sale an exit from Danaher (DHR).
- Most Recent 13F
- Q2 2026
- Location
- NEWPORT BEACH, CA
- CIK
- 0001615717
- Portfolio Value
- $90.7M (Q2 2026)
- SEC Filing
- 0001615717-26-000005 ↗ filed Jul 21, 2026
Holdings Value
Holdings 34 stocks · $90.7M
| NVR NVR Inc. | 6.54% | 871 | $5.9M | New |
| GOOG Alphabet Inc. Class C | 5.80% | 14,879 | $5.3M | Reduce -25.7% |
| V Visa Inc. Class A | 5.75% | 15,189 | $5.2M | Add +6.1% |
| WTM White Mountains Insurance GP | 5.65% | 2,471 | $5.1M | Reduce -1.7% |
| MAX Mediaalpha Inc. Class A | 5.11% | 368,731 | $4.6M | Add +10.4% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 4.87% | 2,219 | $4.4M | Reduce -5.6% |
| CDW CDW Corp. | 4.74% | 30,540 | $4.3M | Add +20.3% |
| ROP Roper Technologies Inc. | 4.61% | 12,358 | $4.2M | Reduce -10.4% |
| BRO Brown & Brown Inc. | 4.57% | 64,611 | $4.1M | Reduce -8.8% |
| IT Gartner Inc. | 4.36% | 30,530 | $4.0M | Add +29.4% |
| THO Thor Industries Inc. | 4.30% | 51,900 | $3.9M | Add +10.9% |
| FISV Fiserv Inc. | 3.88% | 71,706 | $3.5M | Add +37.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.49% | 6,332 | $3.2M | Add +63.4% |
| HEI.A Heico Corp. Class A | 3.33% | 11,702 | $3.0M | Reduce -3.5% |
| MAC The Macerich Co. | 2.97% | 106,916 | $2.7M | Reduce -48.3% |
| MSFT Microsoft Corp. | 2.73% | 6,635 | $2.5M | Add +482.5% |
| SPGI S&P Global Inc. | 2.63% | 5,857 | $2.4M | Add +61.3% |
| INTU Intuit Inc. | 2.46% | 8,559 | $2.2M | Add +39.4% |
| BINC iShares Flex I A ETF-Usd Inc. | 2.29% | 39,738 | $2.1M | Add +36.0% |
| VGSH Vanguard Short-Term Treasury | 2.28% | 35,516 | $2.1M | Reduce -46.6% |
| ACGL Arch Capital Group Ltd. | 2.24% | 20,915 | $2.0M | New |
| HTGC Hercules Capital Inc. | 2.17% | 125,009 | $2.0M | Add +19.6% |
| AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO | 2.15% | 36,586 | $1.9M | Add +174.1% |
| SLRC SLR Investment Corp. | 2.07% | 152,053 | $1.9M | Add +20.9% |
| NXPI NXP Semiconductors NV | 2.03% | 6,552 | $1.8M | Reduce -46.1% |
| AXP American Express Co. | 1.60% | 4,296 | $1.5M | No change |
| OCSL Oaktree Specialty Lending Co. | 1.17% | 88,563 | $1.1M | Reduce -55.1% |
| WSO Watsco Inc. | 1.12% | 2,445 | $1.0M | No change |
| INFL Horizon Kinetics Infl Benef | 1.06% | 19,241 | $960K | Reduce -4.0% |
| JNJ Johnson & Johnson | 0.68% | 2,415 | $613K | Reduce -19.9% |
| SIRI Sirius XM Holdings Inc. | 0.41% | 12,602 | $372K | Reduce -3.8% |
| ARCC Ares Capital Corp. | 0.40% | 19,474 | $361K | Reduce -33.9% |
| CBRE CBRE Group Inc. Class A | 0.28% | 1,852 | $249K | Reduce -21.3% |
| TSLX Sixth Street Specialty Lendi | 0.27% | 14,080 | $242K | Reduce -47.1% |
Portfolio Sells Q1 2026 → Q2 2026
| DHR Danaher Corp. | Sold out | 0.00% | −4.87 |
| MTBA Simplify MBS ETF | Sold out | 0.00% | −3.03 |
| VGSH Vanguard Short-Term Treasury | Reduce -46.6% | 2.28% | −2.32 |
| MAC The Macerich Co. | Reduce -48.3% | 2.97% | −1.65 |
| OCSL Oaktree Specialty Lending Co. | Reduce -55.1% | 1.17% | −1.47 |
| ROP Roper Technologies Inc. | Reduce -10.4% | 4.61% | −1.15 |
| GOOG Alphabet Inc. Class C | Reduce -25.7% | 5.80% | −0.99 |
| BRO Brown & Brown Inc. | Reduce -8.8% | 4.57% | −0.89 |
| WTM White Mountains Insurance GP | Reduce -1.7% | 5.65% | −0.87 |
| NXPI NXP Semiconductors NV | Reduce -46.1% | 2.03% | −0.80 |
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −0.39 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.32 |
| TSLX Sixth Street Specialty Lendi | Reduce -47.1% | 0.27% | −0.31 |
| ARCC Ares Capital Corp. | Reduce -33.9% | 0.40% | −0.23 |
| JNJ Johnson & Johnson | Reduce -19.9% | 0.68% | −0.19 |
| INFL Horizon Kinetics Infl Benef | Reduce -4.0% | 1.06% | −0.17 |
| CBRE CBRE Group Inc. Class A | Reduce -21.3% | 0.28% | −0.10 |
| SIRI Sirius XM Holdings Inc. | Reduce -3.8% | 0.41% | +0.05 |
| HEI.A Heico Corp. Class A | Reduce -3.5% | 3.33% | +0.31 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -5.6% | 4.87% | +1.20 |
Portfolio Buys Q1 2026 → Q2 2026
| NVR NVR Inc. | New | 6.54% | +6.54 |
| ACGL Arch Capital Group Ltd. | New | 2.24% | +2.24 |
| MSFT Microsoft Corp. | Add +482.5% | 2.73% | +2.23 |
| MAX Mediaalpha Inc. Class A | Add +10.4% | 5.11% | +1.44 |
| AKRE Akre Focus ETF | Add +174.1% | 2.15% | +1.31 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +63.4% | 3.49% | +1.30 |
| CDW CDW Corp. | Add +20.3% | 4.74% | +1.11 |
| SPGI S&P Global Inc. | Add +61.3% | 2.63% | +0.81 |
| V Visa Inc. Class A | Add +6.1% | 5.75% | +0.64 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +36.0% | 2.29% | +0.50 |
| FISV Fiserv Inc. | Add +37.9% | 3.88% | +0.45 |
| HTGC Hercules Capital Inc. | Add +19.6% | 2.17% | +0.35 |
| IT Gartner Inc. | Add +29.4% | 4.36% | −0.05 |
| SLRC SLR Investment Corp. | Add +20.9% | 2.07% | −0.05 |
| THO Thor Industries Inc. | Add +10.9% | 4.30% | −0.11 |
| INTU Intuit Inc. | Add +39.4% | 2.46% | −0.67 |