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Holdings, Q3 2026

Largest first. Common shares only.

Latest 13F holdings
#The fund's own figures at the end of the quarter. A report can be up to 45 days old when it is filed. Options and bonds are not counted here.Filing
1AAPL
Apple Inc.
887,123$295.4M22.0%-10.9%13F ↗
2META
Meta Platforms, Inc.
315,127$228.5M17.0%-14.5%13F ↗
3COST
Costco Wholesale Corporation
219,634$199.9M14.9%-0.9%13F ↗
4AMZN
Amazon.com, Inc.
613,296$152.8M11.4%-0.9%13F ↗
5GOOG
Alphabet Inc. Class C
362,602$123.6M9.2%-11.9%13F ↗
6GOOGL
Alphabet Inc. Class A
346,690$119.3M8.9%-12.3%13F ↗
7MSFT
Microsoft Corporation
117,322$60.2M4.5%-0.9%13F ↗
8SPOT
Spotify Technology S.A.
108,999$53.1M3.9%-0.9%13F ↗
9MKL
Markel Group Inc.
25,290$43.3M3.2%-0.9%13F ↗
10BRK-B
Berkshire Hathaway Inc. Class B
79,675$39.7M2.9%-0.9%13F ↗
11TYL
Tyler Technologies, Inc.
50,000$15.9M1.2%New13F ↗
12CPRT
Copart, Inc.
491,695$13.4M1.0%+10.3%13F ↗

Changes since Q2 2026

1 new, 1 added to, 10 trimmed, 0 exited, 0 unchanged. By estimated dollars.

New positions (1)

New positions
PositionSharesChangeEst. dollars
TYL
Tyler Technologies, Inc.
50,000New$15.9M

Added to (1)

Added to
PositionSharesChangeEst. dollars
CPRT
Copart, Inc.
491,695+10.3%$1.2M

Trimmed (10)

Trimmed
META
Meta Platforms, Inc.
315,127-14.5%-$38.7M
AAPL
Apple Inc.
887,123-10.9%-$36.3M
GOOGL
Alphabet Inc. Class A
346,690-12.3%-$16.7M
GOOG
Alphabet Inc. Class C
362,602-11.9%-$16.6M
COST
Costco Wholesale Corporation
219,634-0.9%-$1.9M
AMZN
Amazon.com, Inc.
613,296-0.9%-$1.5M
MSFT
Microsoft Corporation
117,322-0.9%-$574.4K
SPOT
Spotify Technology S.A.
108,999-0.9%-$506.9K
MKL
Markel Group Inc.
25,290-0.9%-$412.7K
BRK-B
Berkshire Hathaway Inc. Class B
79,675-0.9%-$378.4K

Exited (0)

None this quarter.

The 10 largest of each, by estimated dollars: shares changed times the later report's price. Index tracking, splits and mergers move positions too.

Compare two quarters

Pick any two quarters: what is new, added to, trimmed or exited. Premium plan.

Reported value by quarter

Value and number of positions at the end of each quarter.

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Largest positions in earlier quarters

Pick a quarter to see what the fund's biggest positions were then.

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Ten largest positions

By value, Q3 2026.

$0$100.0M$200.0M$300.0MAAPL · Value: $295,429,701AAPLMETA · Value: $228,523,798METACOST · Value: $199,941,616COSTAMZN · Value: $152,802,698AMZNGOOG · Value: $123,553,005GOOGGOOGL · Value: $119,289,095GOOGLMSFT · Value: $60,174,454MSFTSPOT · Value: $53,123,933SPOTMKL · Value: $43,307,861MKLBRK-B · Value: $39,674,166BRK-B

Filings

13F filings
Filing
Q3 2026Nov 9, 202613F-HR12$1.3BCurrentSEC ↗
Q2 2026Aug 12, 202613F-HR11$1.3BCurrentSEC ↗
Q1 2026May 15, 202613F-HR11$1.3BCurrentSEC ↗
Q4 2025Feb 13, 202613F-HR12$1.5B *CurrentSEC ↗
Q3 2025Nov 13, 202513F-HR13$1.5BCurrentSEC ↗
Q2 2025Aug 11, 202513F-HR13$1.4BCurrentSEC ↗
Q1 2025May 15, 202513F-HR14$1.3BCurrentSEC ↗

Most recent first, up to 80. An amendment can replace a report or add holdings to it. A * marks a report whose values we put in dollars; the adjusted figures are shown. All 13F filings

Information, not investment advice. Values are the fund's own figures at quarter end; a report can be up to 45 days old when filed. Disclaimer