VAN DEN BERG MANAGEMENT I, INC

CIK 1142062 · View on SEC EDGAR ↗

Portfolio value
$473.3M
#3,908 of 9,443 by 13F value · top 41.4%
Positions
120
As of
June 30, 2026

Portfolio value QoQ: +8.5% 13F does not disclose cash

Top 10 holdings weight
38.57%
Top 25 holdings weight
68.93%
Positions above 1%
38
Effective number of positions
39.8

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

Turnover Q2 2026: 8.74% Est. buys $39,758,625 · sells $62,002,557

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 71.4% still held

New positions
7
Increased
31
Decreased
59
Closed
20
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+45.5%
S&P 500 total return (same window)
+28.1%
Excess return
+17.4%

Annualized: +28.5% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 86.9% · Options excluded: 0.0%

Sector breakdown

Technology
20.4%
Energy
17.7%
Industrials
16.1%
Health Care
11.4%
Financial Services
5.7%
Communication Services
5.5%
Telecommunication
3.9%
Financials
2.3%
Packaging
1.5%
Logistics & Transportation
1.4%
Materials
0.4%
Retail
0.1%
Other/Unmapped
13.6%

Full portfolio 120 positions

Type Streak 8Q trend
DELL Dell Technologies Inc. Class C Common Stock $26,876,938 5.68% 62,293 $14,028,513 Down ×1
PHYS $25,040,707 5.29% 829,987 $-4,550,310 Down ×6
INTC Intel Corporation - Common Stock $19,767,279 4.18% 141,569 $8,741,575 Down ×3
LUMN Lumen Technologies, Inc. Common Stock $18,302,743 3.87% 2,383,170 $1,429,105 Down ×1
XOM Exxon Mobil Corporation Common Stock $17,276,868 3.65% 126,367 $-5,612,776 Down ×6
Unknown issuer (CUSIP: 811927102) $16,679,159 3.52% 647,986 Up ×1
COHR Coherent Corp. Common Stock $16,585,886 3.50% 42,046 $1,212,051 Down ×4
GOOG Alphabet Inc. - Class C Capital Stock $15,930,236 3.37% 45,086 $2,613,334 Down ×6
FANG Diamondback Energy, Inc. - Common Stock $14,291,324 3.02% 81,302 $-2,117,004 Down ×2
EQT EQT Corporation Common Stock $11,825,859 2.50% 222,416 $-2,560,408 Down ×3
UNH UnitedHealth Group Incorporated Common Stock (DE) $11,504,638 2.43% 27,680 $3,687,834 Down ×1
QCOM QUALCOMM Incorporated - Common Stock $11,496,402 2.43% 62,213 $3,496,803 Up ×2
BRKB $11,241,759 2.38% 22,466 $-8,896 Down ×6
IBM International Business Machines Corporation Common Stock $11,170,505 2.36% 39,723 $2,216,134 Up ×2
ELV Elevance Health, Inc. Common Stock $10,640,489 2.25% 27,514 $2,410,116 Down ×1
MSFT Microsoft Corporation - Common Stock $10,354,248 2.19% 27,758 $176,094 Up ×3
BN Brookfield Corporation Class A Limited Voting Shares $9,852,515 2.08% 231,334 $273,550 Down ×2
PR Permian Resources Corporation Class A Common Stock $9,327,261 1.97% 506,641 $-1,693,090 Down ×2
SWK Stanley Black & Decker, Inc. Common Stock $9,096,886 1.92% 96,652 $2,544,941 Up ×6
CI The Cigna Group Common Stock $8,618,584 1.82% 31,263 $319,458 Up ×6
DHR Danaher Corporation Common Stock $8,196,164 1.73% 43,029 $1,327,335 Up ×2
TKR Timken Company (The) Common Stock $8,162,334 1.72% 56,168 $2,199,539 Down ×2
CMCO Columbus McKinnon Corporation - Common Stock $8,088,649 1.71% 534,610 $1,138,543 Up ×4
VNT Vontier Corporation Common Stock $8,031,240 1.70% 276,939 $150,007 Up ×1
ACGL Arch Capital Group Ltd. - Common Stock $7,921,940 1.67% 81,619 $138,495 Up ×6
SLB SLB Limited Common Shares $7,787,565 1.65% 167,511 $-1,095,378 Down ×6
ILMN Illumina, Inc. - Common Stock $7,667,946 1.62% 43,610 $2,148,610 Down ×4
SW Smurfit WestRock plc Ordinary Shares $7,255,464 1.53% 156,841 $843,002 Down ×1
TMO Thermo Fisher Scientific Inc Common Stock $7,163,933 1.51% 14,289 $210,750 Up ×2
GNRC Generac Holdlings Inc. Common Stock $6,534,934 1.38% 22,318 $2,082,582 Down ×2
INTU Intuit Inc. - Common Stock $6,530,220 1.38% 25,020 $3,560,202 Up ×1
DIS Walt Disney Company (The) Common Stock $6,461,359 1.37% 67,131 $65,968 Up ×1
ST Sensata Technologies Holding plc Ordinary Shares $6,007,602 1.27% 125,840 $1,489,087 Down ×1
WDAY Workday, Inc. - Class A Common Stock $5,978,626 1.26% 48,837 $1,054,918 Up ×2
CRK Comstock Resources, Inc. Common Stock $5,954,095 1.26% 399,068 $-2,395,461 Up ×1
MKTX MarketAxess Holdings, Inc. - Common Stock $5,907,608 1.25% 52,054 $723,441 Up ×3
FTV Fortive Corporation Common Stock $4,912,125 1.04% 80,408 $1,416,328 Up ×2
CME CME Group Inc. - Class A Common Stock $4,877,914 1.03% 22,089 $-585,470 Up ×1
VTOL Bristow Group, Inc. Common Stock $4,479,005 0.95% 108,398 $121,658 Up ×6
TREX Trex Company, Inc. Common Stock $4,308,794 0.91% 86,107 $1,217,792 Up ×1
APH Amphenol Corporation Common Stock $3,816,446 0.81% 21,645 Up ×1
FDX FedEx Corporation Common Stock $3,706,207 0.78% 11,836 $-607,133 Down ×3
VRSN VeriSign, Inc. - Common Stock $3,552,027 0.75% 14,120 $-11,442 Down ×6
META Meta Platforms, Inc. - Class A Common Stock $3,333,798 0.70% 5,918 $-131,273 Down ×6
BAC Bank of America Corporation Common Stock $2,883,758 0.61% 50,610 $362,164 Down ×4
BAM Brookfield Asset Management Inc Class A Limited Voting Shares $2,799,716 0.59% 62,424 $929,260 Up ×3
UPS United Parcel Service, Inc. Common Stock $2,747,055 0.58% 25,554 $268,568 Up ×1
DVN Devon Energy Corporation Common Stock $2,598,656 0.55% 62,891 $1,140,735 Up ×1
MCO Moody's Corporation Common Stock $2,584,965 0.55% 5,707 $32,757 Down ×6
COP ConocoPhillips Common Stock $2,574,153 0.54% 24,761 $-2,938,431 Down ×3
CRGY Crescent Energy Company Class A Common Stock $2,243,261 0.47% 228,438 $-824,114 Up ×6
RSP $1,019,500 0.22% 4,792 $111,419 Up ×1
LBRT Liberty Energy Inc. Class A common stock $995,639 0.21% 38,016 $-102,822 Down ×1
OVV Ovintiv Inc. (DE) $975,762 0.21% 18,533 $-169,886 Down ×6
VIG $973,691 0.21% 4,115 $100,117 Up ×2
GDXJ $950,274 0.20% 9,672 $-292,500 Down ×1
VTI $903,380 0.19% 2,441 $56,687 Down ×1
ERO Ero Copper Corp. Common Shares $893,263 0.19% 33,393 $-2,662 Down ×1
MA Mastercard Incorporated Common Stock $797,621 0.17% 1,553 $4,161 Down ×6
NOG Northern Oil and Gas, Inc. Common Stock $776,493 0.16% 42,782 $-461,193 Up ×3
CVX Chevron Corporation Common Stock $761,170 0.16% 4,592 $-297,123 Down ×1
AEM Agnico Eagle Mines Limited Common Stock $738,729 0.16% 4,762 $-227,862
FNDF $730,673 0.15% 13,849 $11,696 Down ×2
VEA $723,685 0.15% 10,157 $41,491 Down ×5
PSLV $717,419 0.15% 38,019 $-209,864
XLE XLE $697,083 0.15% 13,125 $-128,719 Down ×2
BTE Baytex Energy Corp Common Shares $659,108 0.14% 164,777 $-83,033 Down ×2
MOAT $642,585 0.14% 6,181 $1,553 Down ×2
VOO $598,941 0.13% 872 $-74,523 Down ×1
VYM $558,952 0.12% 3,537 $18,831 Down ×1
SU Suncor Energy Inc. Common Stock $488,649 0.10% 9,103 $-114,010 Down ×6
XOP $434,387 0.09% 2,816 $-96,182 Down ×3
AMZN Amazon.com, Inc. - Common Stock $430,680 0.09% 1,807 $54,336
SPSM $401,845 0.08% 6,968 $51,912 Down ×2
VYMI Vanguard International High Dividend Yield ETF $394,273 0.08% 4,015 $21,083 Up ×1
TXN Texas Instruments Incorporated - Common Stock $385,703 0.08% 1,294 $-33,251 Down ×2
NVDA NVIDIA Corporation - Common Stock $297,134 0.06% 1,485 $25,070 Down ×1
EG Everest Group, Ltd. Common Stock $293,643 0.06% 822 $-60,009 Down ×5
GE GE Aerospace Common Stock $291,509 0.06% 780 $69,033 Down ×1
AR Antero Resources Corporation Common Stock $268,716 0.06% 7,647 $-69,531 Down ×1
HL Hecla Mining Company Common Stock $262,310 0.06% 17,000 $-54,400
AAPL Apple Inc. - Common Stock $261,476 0.06% 904 $32,142
CW Curtiss-Wright Corporation Common Stock $247,788 0.05% 327 $25,062
CEF $239,288 0.05% 5,948 $-46,364 Down ×2
RRC Range Resources Corporation Common Stock $237,533 0.05% 6,387 $-51,032
T AT&T Inc. $235,856 0.05% 11,394 $-96,195 Down ×3
DIA $231,941 0.05% 444 $-31,614 Down ×2
TALO Talos Energy, Inc. Common Stock $231,024 0.05% 17,895 $-51,001
GEV GE Vernova Inc. Common Stock $226,748 0.05% 193 Up ×1
URA $220,161 0.05% 5,038 $-75,940 Down ×1
VHT $143,827 0.03% 481 $10,655 Down ×1
GDX GDX $119,965 0.03% 1,590 $-25,949
WEAT $107,947 0.02% 4,900 Up ×1
FNDE $103,843 0.02% 2,617 $2,492 Down ×2
RIG Transocean Ltd (Switzerland) Common Stock $89,316 0.02% 18,265 $-94,620 Down ×1
GOOGL Alphabet Inc. - Class A Common Stock $76,344 0.02% 214 $14,913
VGT $71,712 0.02% 600 $19,383 Up ×1
REI $69,542 0.01% 64,391 $-11,840 Up ×1
CORN $67,000 0.01% 4,000 Up ×1
SCHD $60,217 0.01% 1,899 $1,956

Conviction holdings

Positions increased for 3+ consecutive quarters.

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

Security Value % of portfolio Streak
MSFT $10,354,248 2.19% up ×3
SWK $9,096,886 1.92% up ×6
CI $8,618,584 1.82% up ×6
CMCO $8,088,649 1.71% up ×4
ACGL $7,921,940 1.67% up ×6
MKTX $5,907,608 1.25% up ×3
VTOL $4,479,005 0.95% up ×6
BAM $2,799,716 0.59% up ×3
CRGY $2,243,261 0.47% up ×6
NOG $776,493 0.16% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
Unknown issuer (CUSIP: 811927102) $16,679,159 647,986 3.52%
APH $3,816,446 21,645 0.81%
GEV $226,748 193 0.05%
WEAT $107,947 4,900 0.02%
CORN $67,000 4,000 0.01%
TAGS $47,674 2,000 0.01%
SCHC $14,436 300 0.00%

Top movers (QoQ)

Security Action Shares Δ Value Δ
DELL Trimmed -16K +$14.0M
INTC Trimmed -108K +$8.7M
XOM Trimmed -9K -$5.6M
PHYS Trimmed -5K -$4.6M
UNH Trimmed -1K +$3.7M
INTU Bought more +18K +$3.6M
QCOM Bought more +95 +$3.5M
COP Trimmed -17K -$2.9M
GOOG Trimmed -1K +$2.6M
EQT Trimmed -4K -$2.6M

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
SA June 30, 2026 658,050 $18,649,136 29.8%
KW March 31, 2026 894,821 $8,652,915 No longer tracked
CRI March 31, 2025 136,340 $7,388,240 -9.8%
ATKR Sept. 30, 2025 42,196 $2,976,928 49.4%
CTRA June 30, 2026 49,090 $1,725,023 No longer tracked
SEI June 30, 2026 14,868 $840,191 -31.2%
VTLE Dec. 31, 2025 34,588 $584,191 No longer tracked
TRS Sept. 30, 2025 19,566 $559,783 0.1%
TXN Sept. 30, 2025 2,483 $515,520 44.3%
AZZ June 30, 2026 2,351 $294,181 -10.1%
EPD Sept. 30, 2025 8,800 $272,888 23.1%
ET Sept. 30, 2025 14,797 $268,270 23.8%
ALKT March 31, 2025 6,088 $223,308 -23.6%
KMI Sept. 30, 2025 7,500 $220,500 11.5%
SM June 30, 2026 7,003 $218,354 44.8%
AAPL March 31, 2025 837 $209,602 38.7%
MPLX Sept. 30, 2025 3,990 $205,525 17.3%
URA March 31, 2025 7,206 $192,968 No longer tracked
IWR March 31, 2026 1,804 $173,670 No longer tracked
VRN June 30, 2025 14,035 $92,912 No longer tracked
BOOM Dec. 31, 2025 10,209 $86,266 6.7%
IVV June 30, 2026 116 $75,949 No longer tracked
KGEI March 31, 2025 11,391 $60,600 -28.1%
IWF June 30, 2026 141 $60,122 No longer tracked
IWB June 30, 2026 161 $57,406 No longer tracked
IWS June 30, 2026 368 $53,632 No longer tracked
IWD June 30, 2026 247 $52,776 No longer tracked
BIZD Sept. 30, 2025 3,000 $48,840 No longer tracked
ILF June 30, 2026 1,300 $46,176 No longer tracked
FXI March 31, 2026 710 $27,186 No longer tracked
PXE March 31, 2025 900 $26,640 No longer tracked
EU June 30, 2026 10,000 $18,000 -14.1%
IVW June 30, 2026 135 $15,270 No longer tracked
QYLD March 31, 2025 750 $13,665
PFFD March 31, 2025 600 $11,706 No longer tracked
IJH June 30, 2026 107 $7,226 No longer tracked
EFAS March 31, 2026 325 $6,307
EFAS March 31, 2025 325 $4,530
IJK June 30, 2026 41 $4,125 No longer tracked
IVE June 30, 2026 18 $3,801 No longer tracked
IJR June 30, 2026 26 $3,182 No longer tracked
IJS June 30, 2026 26 $3,080 No longer tracked
IWN June 30, 2026 15 $2,844 No longer tracked
IJT June 30, 2026 17 $2,460
DTCR March 31, 2025 100 $1,655
SIL March 31, 2025 50 $1,588 No longer tracked
IJJ March 31, 2026 12 $1,579 No longer tracked
IWM March 31, 2026 5 $1,305 No longer tracked
PFXF June 30, 2025 50 $838 No longer tracked
VO Sept. 30, 2025 2 $560 No longer tracked
SCHX Sept. 30, 2025 22 $538 No longer tracked
EFA March 31, 2026 3 $316 No longer tracked
VOE Sept. 30, 2025 1 $164 No longer tracked