Hi-Line Capital Management, LLC

CIK 1776074 · View on SEC EDGAR ↗

Portfolio value
$355.5M
#4,682 of 9,443 by 13F value · top 49.6%
Positions
32
As of
June 30, 2026

Portfolio value QoQ: +11.7% 13F does not disclose cash

Top 10 holdings weight
54.15%
Top 25 holdings weight
89.74%
Positions above 1%
31
Effective number of positions
21.5

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 6.51% Est. buys $50,283,225 · sells $21,934,812

Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 54.2% still held

New positions
4
Increased
26
Decreased
1
Closed
4
On this page

Sector breakdown

Industrials
14.2%
Communication Services
11.3%
Financials
8.6%
Energy
5.0%
Materials
4.1%
Consumer products
3.7%
Technology
3.5%
Health Care
2.4%
Retail
2.0%
Financial Services
2.0%
Telecommunication
0.9%
Other/Unmapped
42.4%

Full portfolio 32 positions

Type Streak 8Q trend
BRKA $37,442,500 10.53% 50 $1,535,500
IDEV $37,338,538 10.50% 419,487 $4,280,001 Up ×2
SIRI SiriusXM Holdings Inc. - Common Stock $20,018,017 5.63% 677,658 $4,608,032 Up ×6
BRKB $17,902,453 5.04% 35,777 $1,623,550 Up ×1
IEMG $16,870,863 4.75% 203,656 $3,590,812 Up ×2
RSP $15,889,451 4.47% 74,679 $2,464,839 Up ×2
ADBE Adobe Inc. - Common Stock $12,419,292 3.49% 60,576 $4,370,670 Up ×2
EXP Eagle Materials Inc Common Stock $11,942,753 3.36% 53,020 $2,020,306 Up ×5
LBRDK Liberty Broadband Corporation - Class C Common Stock $11,518,503 3.24% 346,317 $-5,404,681 Up ×4
CB Chubb Limited Common Stock $11,119,488 3.13% 32,537 $662,179 Up ×1
BRO Brown & Brown, Inc. Common Stock $10,601,044 2.98% 165,254 $3,216,533 Up ×1
AER AerCap Holdings N.V. Ordinary Shares $9,845,398 2.77% 67,536 $682,734 Up ×4
SU Suncor Energy Inc. Common Stock $9,113,790 2.56% 169,780 Up ×1
JPM JP Morgan Chase & Co. Common Stock $8,700,431 2.45% 26,580 $-312,926 Down ×2
CI The Cigna Group Common Stock $8,688,882 2.44% 31,518 $434,837 Up ×3
NE Noble Corporation plc A Ordinary Shares $8,650,318 2.43% 231,912 $-2,517,474 Up ×2
CMCSA Comcast Corporation - Class A Common Stock $8,574,529 2.41% 349,268
CRH CRH PLC Ordinary Shares $8,290,681 2.33% 77,483 $191,646 Up ×1
IVV $8,231,799 2.32% 10,992 $1,486,099 Up ×2
CF CF Industries Holdings, Inc. Common Stock $8,033,109 2.26% 74,202 $-1,399,248 Up ×1
MHK Mohawk Industries, Inc. Common Stock $7,924,184 2.23% 65,311 $1,607,089 Up ×4
UBER Uber Technologies, Inc. Common Stock $7,580,769 2.13% 105,055 Up ×1
DAC Danaos Corporation Common Stock $7,521,717 2.12% 61,467 $735,382 Up ×4
IJH $7,480,518 2.10% 97,011 $1,314,961 Up ×2
KR Kroger Company (The) Common Stock $7,273,153 2.05% 130,977 Up ×1
AXP American Express Company Common Stock $7,201,342 2.03% 21,290 $873,460 Up ×1
HCC Warrior Met Coal, Inc. Common Stock $6,529,809 1.84% 80,456 $-837,331 Up ×1
PCAR PACCAR Inc. - Common Stock $5,142,577 1.45% 42,812 $289,960 Up ×1
GRBK Green Brick Partners, Inc. Common Stock $5,104,231 1.44% 63,771 $1,015,910 Up ×1
IJR $4,831,940 1.36% 32,580 $1,033,524 Up ×2
VSNT Versant Media Group, Inc. - Class A Common Stock $4,583,929 1.29% 127,296 $-51,456 Up ×1
GLIBK GCI Liberty, Inc. - Series C GCI Group Common Stock $3,086,616 0.87% 143,164 $-2,179,455 Up ×3

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
SIRI $20,018,017 5.63% up ×6
EXP $11,942,753 3.36% up ×5
LBRDK $11,518,503 3.24% up ×4
AER $9,845,398 2.77% up ×4
CI $8,688,882 2.44% up ×3
MHK $7,924,184 2.23% up ×4
DAC $7,521,717 2.12% up ×4
GLIBK $3,086,616 0.87% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
SU $9,113,790 169,780 2.56%
CMCSA $8,574,529 349,268 2.41%
UBER $7,580,769 105,055 2.13%
KR $7,273,153 130,977 2.05%

Top movers (QoQ)

Security Action Shares Δ Value Δ
LBRDK Bought more +10K -$5.4M
SIRI Bought more +10K +$4.6M
ADBE Bought more +27K +$4.4M
IDEV Bought more +24K +$4.3M
IEMG Bought more +13K +$3.6M
BRO Bought more +52K +$3.2M
NE Bought more +4K -$2.5M
RSP Bought more +5K +$2.5M
GLIBK Bought more +2K -$2.2M
EXP Bought more +688 +$2.0M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
WBD Dec. 31, 2025 611,598 $11,944,509 -1.4%
LBTYA March 31, 2026 1,035,340 $11,533,688 -12.2%
BN Dec. 31, 2025 147,158 $10,092,096 -8.6%
COP March 31, 2026 106,600 $9,978,826 2.6%
BABA June 30, 2025 73,042 $9,658,344 7.7%
CMCSA March 31, 2026 261,485 $7,815,787 -7.8%
VSAT March 31, 2026 211,050 $7,272,783 64.0%
MKL June 30, 2026 3,607 $6,904,050 -8.2%
AMCR June 30, 2026 172,208 $6,845,268 11.1%
LMT March 31, 2026 14,080 $6,810,074 -5.9%
UPS June 30, 2026 66,687 $6,560,667 -3.9%
SNREY Sept. 30, 2025 99,446 $5,623,671 No longer tracked
TMUS Sept. 30, 2025 19,426 $4,628,439 -23.6%
EG June 30, 2025 10,580 $3,844,031 8.7%
OXY Dec. 31, 2025 62,971 $2,990,493 49.4%
CEIX March 31, 2025 27,600 $2,944,360 No longer tracked
ADM March 31, 2026 50,646 $2,911,639 13.6%
L June 30, 2025 29,498 $2,711,161 21.3%
SCZ Dec. 31, 2025 34,738 $2,665,099
CNH March 31, 2026 248,611 $2,292,193 0.0%
CNR June 30, 2025 27,913 $2,152,092 38.3%
AMR June 30, 2025 11,551 $1,446,763 88.2%
PNC Sept. 30, 2025 4,520 $842,618 21.4%
DINO March 31, 2026 10,587 $487,849 51.0%
ARW March 31, 2026 3,722 $410,090 45.7%
CABO June 30, 2025 1,373 $364,902 -81.1%
CHTR June 30, 2026 1,369 $295,540 3.5%
CABO Dec. 31, 2025 1,373 $243,090 -77.3%