In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), WS Management LLLP reported 30 stock positions worth $572.9 million . Its top holding was Berkshire Hathaway Class A (BRK.A) at 15.9% of the portfolio, followed by Amazon.com (AMZN, 8.7% ) and Micron Technology (MU, 8.1% ). Compared with Q1 2025, it opened 2 new positions, sold out of 3, added to 7 and reduced 4. The biggest buy was Micron Technology (MU, shares +92% ) and the biggest sale Berkshire Hathaway Class A (BRK.A, shares −51% ).
Location JACKSONVILLE, FL
CIK 0000877338
Portfolio Value $572.9M (Q2 2025) Holdings 30 stocks · $572.9M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2025 BRK.A Berkshire Hathaway Inc. Class A 125 $91.1M Reduce -51.4% AMZN Amazon.com Inc. 225,906 $49.6M Reduce -11.7% MU Micron Technology Inc. 376,227 $46.4M Add +91.7% NVDA Nvidia Corp. 256,868 $40.6M Add +37.5% GLD SPDR Gold Shares 130,678 $39.8M Add +8.3% TLT iShares 20+ Year Treasury BD 397,500 $35.1M Reduce -1.1% LH Labcorp Holdings Inc. 105,000 $27.6M Add +5.0% BRK.B Berkshire Hathaway Inc. Class B 54,046 $26.3M New GDX Vaneck Gold Miners ETF 461,263 $24.0M No change GOOGL Alphabet Inc. Class A 104,453 $18.4M No change LAMR Lamar Advertising Co. Class A 134,782 $16.4M No change LUV Southwest Airlines Co. 500,000 $16.2M Reduce -21.5% COP Conocophillips 175,119 $15.7M No change RHP Ryman Hospitality Properties 155,835 $15.4M No change CROX Crocs Inc. 149,000 $15.1M Add +198.0% TJX TJX Companies Inc. filed as TJX COS INC NEW 118,414 $14.6M No change WMT Walmart Inc. 120,977 $11.8M No change KNX Knight-Swift Transportation 201,943 $8.9M No change SN Sharkninja Inc. 90,000 $8.9M New GEHC GE Healthcare Technology 96,675 $7.2M No change KMX Carmax Inc. 100,455 $6.8M No change XBI SS SPDR S&P Biotech ETF 76,457 $6.3M No change COST Costco Wholesale Corp. 6,285 $6.2M No change MPC Marathon Petroleum Corp. 37,378 $6.2M No change CELH Celsius Holdings Inc. 100,000 $4.6M No change CHTR Charter Communications Inc. Class A 9,809 $4.0M No change ASA ASA Gold and Precious Metals 122,351 $3.9M No change GME Gamestop Corp. Class A 119,000 $2.9M Add +19.0% VTRS Viatris Inc. 316,222 $2.8M No change WOLF Wolfspeed Inc. 323,567 $129K Add +6.9%
Options reported separately and not counted above: BRK.B puts ($32.0M), MU calls ($24.6M), GLD puts ($24.4M), PAYX puts ($18.9M), GDX calls ($13.0M), TEM puts ($12.1M), TXN puts ($10.4M), COP puts ($5.4M), MU puts ($3.7M), CHWY puts ($3.0M), NVDA calls ($1.6M).
Portfolio Sells Q1 2025 → Q2 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▲ BRK.A Berkshire Hathaway Inc. Class A Reduce -51.4% 15.90% −18.81 FE Firstenergy Corp. Sold out 0.00% −1.47 LUV Southwest Airlines Co. Reduce -21.5% 2.83% −0.78 PL Planet Labs PBC Sold out 0.00% −0.11 TLT iShares 20+ Year Treasury BD Reduce -1.1% 6.12% −0.07 DXCM Dexcom Inc. Sold out 0.00% −0.02 AMZN Amazon.com Inc. Reduce -11.7% 8.65% +0.42
Portfolio Buys Q1 2025 → Q2 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2025 % Of Portfolio Change To Portfolio ▼ MU Micron Technology Inc. Add +91.7% 8.09% +5.21 BRK.B Berkshire Hathaway Inc. Class B New 4.58% +4.58 NVDA Nvidia Corp. Add +37.5% 7.08% +3.66 CROX Crocs Inc. Add +198.0% 2.63% +1.74 SN Sharkninja Inc. New 1.56% +1.56 GLD SPDR Gold Shares Add +8.3% 6.95% +1.07 LH Labcorp Holdings Inc. Add +5.0% 4.81% +0.87 GME Gamestop Corp. Class A Add +19.0% 0.51% +0.13 WOLF Wolfspeed Inc. Add +6.9% 0.02% −0.13
Options Activity Q1 2025 → Q2 2025 Security Type Change vs Q1 2025 Underlying Shares Value ▼ TLT iShares 20+ Year Treasury BD call Sold out 602,500 $54.8Mbefore exit BRK.B Berkshire Hathaway Inc. Class B put Reduce -56.1% 65,900 $32.0M MU Micron Technology Inc. call New 200,000 $24.6M GLD SPDR Gold Shares put Reduce -20.0% 80,000 $24.4M PAYX Paychex Inc. put Add +303.7% 130,000 $18.9M GDX Vaneck Gold Miners ETF put Sold out 300,000 $13.8Mbefore exit GDX Vaneck Gold Miners ETF call New 250,000 $13.0M TEM Tempus AI Inc. Class A put New 190,000 $12.1M TXN Texas Instruments Inc. put Reduce -89.4% 50,000 $10.4M COP Conocophillips put Add +20.0% 60,000 $5.4M MU Micron Technology Inc. put Reduce -40.0% 30,000 $3.7M DXCM Dexcom Inc. put Sold out 50,000 $3.4Mbefore exit COP Conocophillips call Sold out 30,000 $3.2Mbefore exit SOUN Soundhound AI Inc. Class A put Sold out 387,900 $3.1Mbefore exit CHWY Chewy Inc. Class A put Reduce -86.4% 70,000 $3.0M NVDA Nvidia Corp. call New 10,000 $1.6M GME Gamestop Corp. Class A put Sold out 50,000 $1.1Mbefore exit WOLF Wolfspeed Inc. call Sold out 200,000 $612Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 31 $849.8M MU, BRK.A, GLD, AMZN, TLT Q1 2026 35 $764.5M MU, BRK.A, GDX, TLT, GLD Q4 2025 28 $747.7M MU, BRK.A, GLD, TLT, GDX Q3 2025 29 $651.6M BRK.A, GDX, MU, GLD, NVDA Q2 2025 30 $572.9M BRK.A, AMZN, MU, NVDA, GLD Q1 2025 31 $591.2M BRK.A, AMZN, TLT, GLD, LH Q4 2024 30 $648.3M BRK.A, TLT, AMZN, GLD, NVDA Q3 2024 30 $1.1B BRK.A, TLT, BRK.B, NVDA, GLD Q2 2024 34 $1.1B BRK.A, TLT, GLD, MU, NVDA Q1 2024 36 $1.1B BRK.A, MU, TLT, GLD, NVDA