PECAUT & CO.
CIK 1597200 · View on SEC EDGAR ↗
- Portfolio value
- $328.2M
- Positions
- 65
- As of
- June 30, 2026
#4,533 of 8,643 by 13F value · top 52.4%
Portfolio value QoQ: +6.6% 13F does not disclose cash
- Top 10 holdings weight
- 59.21%
- Top 25 holdings weight
- 86.48%
- Positions above 1%
- 23
- Effective number of positions
- 22.6
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.38% Est. buys $5,820,413 · sells $4,405,588
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 69.1% still held
- New positions
- 0
- Increased
- 22
- Decreased
- 28
- Closed
- 1
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Communication Services
6.0%
Retail
5.9%
Technology
4.5%
Energy
4.1%
Industrials
3.4%
Financial Services
1.3%
Materials
0.9%
Financials
0.7%
Consumer Discretionary
0.6%
Real Estate
0.4%
Utilities
0.2%
Healthcare
0.2%
Other/Unmapped
71.7%
Full portfolio 65 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| BRKB | $29,264,308 | 8.92% | 58,483 | $1,901,509 | Up ×1 | ||
| BILS | $25,808,165 | 7.86% | 259,692 | $345,481 | Up ×1 | ||
| VCSH Vanguard Short-Term Corporate Bond ETF | $24,978,554 | 7.61% | 316,064 | $417,846 | Up ×1 | ||
| EMXC iShares MSCI Emerging Markets ex China ETF | $20,668,575 | 6.30% | 202,039 | $4,609,012 | Down ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $18,703,181 | 5.70% | 52,934 | $3,145,108 | Down ×6 | ||
| SPYG | $18,548,008 | 5.65% | 155,879 | $3,250,503 | Down ×1 | ||
| SGOV iShares 0-3 Month Treasury Bond ETF | $16,411,167 | 5.00% | 163,019 | $180,400 | Up ×1 | ||
| SPDW | $15,036,805 | 4.58% | 298,409 | $1,530,649 | Up ×6 | ||
| VIG | $13,634,624 | 4.15% | 57,622 | $1,325,447 | Up ×1 | ||
| SPYV | $11,270,259 | 3.43% | 185,397 | $1,230,761 | Up ×1 | ||
| AAPL Apple Inc. - Common Stock | $10,305,949 | 3.14% | 35,616 | $1,083,994 | Down ×2 | ||
| GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | $9,465,165 | 2.88% | 49,362 | $1,292,350 | Down ×1 | ||
| TPL Texas Pacific Land Corporation Common Stock | $8,995,991 | 2.74% | 20,556 | $-782,459 | Down ×1 | ||
| INFL | $7,626,933 | 2.32% | 152,906 | $-150,896 | Up ×3 | ||
| AIRR First Trust RBA American Industrial Renaissance ETF | $7,309,565 | 2.23% | 54,856 | $1,218,214 | Down ×1 | ||
| SPMD | $7,124,312 | 2.17% | 105,452 | $846,936 | Down ×5 | ||
| COST Costco Wholesale Corporation - Common Stock | $6,620,168 | 2.02% | 7,077 | $-481,109 | Down ×1 | ||
| BRKA | $5,990,800 | 1.83% | 8 | $-1,190,600 | Down ×1 | ||
| AN AutoNation, Inc. Common Stock | $4,379,070 | 1.33% | 23,570 | $-584,439 | Down ×1 | ||
| KNF Knife Riv Holding Co. Common Stock | $4,194,211 | 1.28% | 50,140 | $47,207 | Down ×1 | ||
| LOW Lowe's Companies, Inc. Common Stock | $4,093,730 | 1.25% | 18,567 | $-565,124 | Down ×2 | ||
| SPSM | $3,814,470 | 1.16% | 66,143 | $581,572 | Down ×5 | ||
| BIL | $3,518,591 | 1.07% | 38,396 | $213,066 | Up ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $3,096,451 | 0.94% | 8,301 | $10,653 | Down ×2 | ||
| WBI WaterBridge Infrastructure LLC Class A Shares Representing Limited Liability Company Interests | $2,981,490 | 0.91% | 87,000 | $637,365 | Down ×1 | ||
| BLDR Builders FirstSource, Inc. Common Stock | $2,403,880 | 0.73% | 26,865 | $192,085 | |||
| WTM White Mountains Insurance Group, Ltd. Common Stock | $2,367,811 | 0.72% | 1,142 | $-207,026 | Down ×1 | ||
| VUG | $2,362,993 | 0.72% | 27,432 | $350,249 | Up ×1 | ||
| VEA | $2,194,631 | 0.67% | 30,802 | $255,096 | Up ×3 | ||
| JMST | $2,131,036 | 0.65% | 41,785 | $-108,889 | Down ×1 | ||
| SBUX Starbucks Corporation - Common Stock | $2,115,333 | 0.64% | 20,700 | $260,820 | |||
| CASY Caseys General Stores, Inc. - Common Stock | $2,066,454 | 0.63% | 2,600 | $174,018 | |||
| ICE Intercontinental Exchange Inc. Common Stock | $2,024,464 | 0.62% | 16,444 | $-695,123 | Down ×6 | ||
| GLDM | $1,768,525 | 0.54% | 22,268 | $-294,013 | Up ×6 | ||
| AXP American Express Company Common Stock | $1,696,324 | 0.52% | 5,015 | $171,825 | Down ×2 | ||
| URI United Rentals, Inc. Common Stock | $1,589,561 | 0.48% | 1,403 | $567,316 | |||
| BWXT BWX Technologies, Inc. Common Stock | $1,544,548 | 0.47% | 7,935 | $-118,978 | Down ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $1,478,909 | 0.45% | 7,391 | $188,009 | Down ×6 | ||
| VTV | $1,406,593 | 0.43% | 6,454 | $142,783 | Up ×6 | ||
| WMT Walmart Inc. - Common Stock | $1,373,001 | 0.42% | 12,123 | $-145,617 | Down ×1 | ||
| WPM Wheaton Precious Metals Corp Common Shares (Canada) | $1,297,296 | 0.40% | 11,550 | $-215,870 | |||
| LB LandBridge Company LLC Class A Shares Representing Limited Liability Company Interests | $1,259,437 | 0.38% | 15,894 | $162,024 | Up ×1 | ||
| UNP Union Pacific Corporation Common Stock | $1,125,808 | 0.34% | 4,139 | $62,890 | Down ×5 | ||
| FWONA Liberty Media Corporation - Series A Liberty Formula One Common Stock | $1,064,311 | 0.32% | 12,158 | $115,014 | |||
| VB | $1,020,556 | 0.31% | 3,367 | $144,460 | Up ×1 | ||
| VO | $993,881 | 0.30% | 12,336 | $120,590 | Up ×3 | ||
| ESGV | $941,294 | 0.29% | 7,118 | $116,464 | Down ×2 | ||
| MSB Mesabi Trust Common Stock | $859,264 | 0.26% | 33,963 | $-208,193 | |||
| FND Floor & Decor Holdings, Inc. Common Stock | $813,232 | 0.25% | 13,700 | $91,872 | Down ×1 | ||
| NRP Natural Resource Partners LP Limited Partnership | $783,275 | 0.24% | 8,075 | $-193,800 | |||
| TDW Tidewater Inc. Common Stock | $632,985 | 0.19% | 9,500 | $-160,740 | |||
| SOR Source Capital, Inc. Cmn Shs of BI | $625,241 | 0.19% | 13,601 | $2,099 | Up ×3 | ||
| HE Hawaiian Electric Industries, Inc. Common Stock | $558,789 | 0.17% | 41,300 | $-34,811 | Up ×1 | ||
| JNJ Johnson & Johnson Common Stock | $540,956 | 0.16% | 2,130 | $15,410 | Down ×6 | ||
| ESGD iShares ESG Aware MSCI EAFE ETF | $460,719 | 0.14% | 4,481 | $38,817 | Up ×3 | ||
| LXU LSB Industries, Inc. Common Stock | $394,565 | 0.12% | 36,500 | $-149,285 | |||
| CNI Canadian National Railway Company Common Stock | $320,040 | 0.10% | 2,684 | $44,205 | |||
| ESGU iShares ESG Aware MSCI USA ETF | $307,504 | 0.09% | 1,879 | $38,845 | Down ×2 | ||
| SPY SPY | $291,451 | 0.09% | 390 | $38,217 | Up ×1 | ||
| IWF | $280,525 | 0.09% | 2,259 | $36,257 | Up ×1 | ||
| IWD | $280,279 | 0.09% | 1,156 | $33,528 | Up ×1 | ||
| RCG | $278,404 | 0.08% | 93,099 | $-26,962 | |||
| PHYS | $262,479 | 0.08% | 8,700 | $-45,849 | |||
| OR OR Royalties Inc. Common Shares | $253,040 | 0.08% | 8,000 | $-51,120 | |||
| TFPM Triple Flag Precious Metals Corp. Common Shares | $209,790 | 0.06% | 7,000 | $-33,180 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Top movers (QoQ)
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.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| PAVE | March 31, 2025 | 194,141 | $7,845,247 | No longer tracked |
| CIBR | March 31, 2026 | 90,213 | $6,445,721 | |
| USMV | March 31, 2026 | 42,198 | $3,973,376 | No longer tracked |
| CP | Sept. 30, 2025 | 38,900 | $3,083,603 | 27.8% |
| ORCL | Dec. 31, 2025 | 7,378 | $2,074,878 | -28.6% |
| PVH | Dec. 31, 2025 | 12,600 | $1,055,502 | 18.9% |
| ACI | Sept. 30, 2025 | 30,400 | $653,904 | -29.8% |
| NVO | Sept. 30, 2025 | 9,200 | $634,984 | -15.4% |
| KMX | Dec. 31, 2025 | 13,050 | $585,554 | 52.7% |
| NKE | June 30, 2026 | 10,302 | $544,152 | -0.2% |
| SHV | March 31, 2026 | 4,437 | $488,736 | |
| NE | June 30, 2025 | 19,528 | $462,814 | 73.4% |
| ARIS | Sept. 30, 2025 | 16,879 | $399,189 | 98.3% |
| TSLA | Dec. 31, 2025 | 829 | $368,673 | -24.8% |
| CINF | March 31, 2026 | 1,653 | $269,968 | 8.8% |
| OXYWS | Dec. 31, 2025 | 10,507 | $267,929 | No longer tracked |
| TSM | Sept. 30, 2025 | 1,102 | $249,698 | 46.3% |
| ELV | Sept. 30, 2025 | 600 | $233,376 | 23.9% |
| BOC | Dec. 31, 2025 | 17,400 | $227,592 | 11.0% |
| SLB | Dec. 31, 2025 | 6,500 | $223,405 | 39.9% |
| PGR | Dec. 31, 2025 | 900 | $222,255 | -6.2% |
| VAL | March 31, 2025 | 5,000 | $221,200 | 121.9% |
| IHAK | March 31, 2026 | 4,581 | $220,420 | No longer tracked |
| UFCS | June 30, 2025 | 7,200 | $212,112 | 87.9% |
| ADP | Dec. 31, 2025 | 700 | $205,450 | 7.6% |
| RLI | March 31, 2026 | 3,209 | $205,339 | 14.1% |
| VRSK | Sept. 30, 2025 | 650 | $202,475 | -27.4% |
| SJT | March 31, 2026 | 30,000 | $168,600 | -41.7% |