Q4 2025 Holdings
Filed 2026-01-22 | 52 holdings | $747.5M | 13F-HR | View on SEC ↗ · Holdings Table ↗
Sign in to see sub-manager breakdown
| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Newmont Goldcorp(NEM) | COM | 651639106 | $57.1M | 571,762 | 7.6% |
| Exxon Mobil(XOM) | COM | 30231G102 | $50.8M | 422,399 | 6.8% |
| Berkshire Hathaway CL B(BRK/B) | COM | 084670702 | $48.5M | 96,478 | 6.5% |
| Teck Resources LTD CL B(TECK) | COM | 878742204 | $44.1M | 920,951 | 5.9% |
| Dollar General Corp(DG) | COM | 256677105 | $37.8M | 284,930 | 5.1% |
| Agnico Eagle Mines LTD(AEM) | COM | 008474108 | $35.9M | 211,587 | 4.8% |
| Chevron(CVX) | COM | 166764100 | $35.6M | 233,456 | 4.8% |
| Conocophillips(COP) | COM | 20825C104 | $26.7M | 285,636 | 3.6% |
| Barrick Gold Corp(B) | COM | 06849F108 | $26.0M | 596,907 | 3.5% |
| Verizon Communications Inc COM(VZ) | COM | 92343V104 | $25.5M | 625,529 | 3.4% |
| Pfizer Inc COM(PFE) | COM | 717081103 | $22.4M | 900,546 | 3.0% |
| Federated Hermes, Inc(FHI) | COM | 314211103 | $20.6M | 395,893 | 2.8% |
| Merck and Co. Inc.(MRK) | COM | 58933Y105 | $20.3M | 193,095 | 2.7% |
| Comcast(CMCSA) | COM | 20030N101 | $18.7M | 625,932 | 2.5% |
| Intel Corp.(INTC) | COM | 458140100 | $18.5M | 502,602 | 2.5% |
| LKQ Corp(LKQ) | COM | 501889208 | $17.6M | 582,709 | 2.4% |
| Ambev SA Spon ADR(ABEV) | COM | 02319V103 | $17.1M | 6,939,320 | 2.3% |
| Mosaic(MOS) | COM | 61945C103 | $15.7M | 651,468 | 2.1% |
| Franklin Resources Inc COM(BEN) | COM | 354613101 | $14.1M | 589,781 | 1.9% |
| Loews(L) | COM | 540424108 | $13.3M | 126,636 | 1.8% |
| Gilead Sciences Inc(GILD) | COM | 375558103 | $13.3M | 108,505 | 1.8% |
| Sanofi(SNY) | COM | 80105N105 | $12.6M | 260,634 | 1.7% |
| Freeport-Mcmoran Inc.(FCX) | COM | 35671D857 | $11.2M | 221,213 | 1.5% |
| Permian Basin Royalty Trust(PBT) | COM | 714236106 | $10.9M | 642,507 | 1.5% |
| Park Aerospace Corp(PKE) | COM | 70014A104 | $10.7M | 503,497 | 1.4% |
| Nutrien LTD(NTR) | COM | 67077M108 | $10.7M | 172,752 | 1.4% |
| Diageo PLC New(DGED) | COM | 25243Q205 | $9.1M | 105,827 | 1.2% |
| Novo-Nordisk ADR(NVO) | COM | 670100205 | $8.6M | 168,814 | 1.1% |
| Bristol Myers Squibb(BMY) | COM | 110122108 | $8.4M | 155,840 | 1.1% |
| HP Inc(HPQ) | COM | 40434L105 | $8.4M | 374,804 | 1.1% |
| Cenovus Energy, Inc.(CVE) | COM | 15135U109 | $8.1M | 481,381 | 1.1% |
| Phillips 66(PSX) | COM | 718546104 | $8.1M | 62,800 | 1.1% |
| Tsakos Energy Navigation LTD(TEN) | COM | G9108L173 | $7.8M | 348,732 | 1.0% |
| Tejon Ranch Co(TRC) | COM | 879080109 | $7.8M | 494,801 | 1.0% |
| Kraft Heinz Company(KHC) | COM | 500754106 | $7.6M | 311,909 | 1.0% |
| Apache Corp(APA) | COM | 03743Q108 | $6.0M | 244,242 | 0.8% |
| CNH Industrial NV(CNH) | COM | N20944109 | $6.0M | 645,440 | 0.8% |
| Cameco Corp(CCJ) | COM | 13321L108 | $5.2M | 57,001 | 0.7% |
| Devon Energy(DVN) | COM | 25179M103 | $4.7M | 127,827 | 0.6% |
| Berkshire Hathaway HLD A(BRK/A) | COM | 084670108 | $3.8M | 5 | 0.5% |
| Ovintiv Inc(OVV) | COM | 69047Q102 | $3.7M | 94,221 | 0.5% |
| Wal-Mart Stores(WMT) | COM | 931142103 | $1.9M | 17,502 | 0.3% |
| Graftech International LTD(EAF) | COM | 384313607 | $1.8M | 115,058 | 0.2% |
| Marathon Petroleum Corp(MPC) | COM | 56585A102 | $801.6K | 4,929 | 0.1% |
| Transocean, LTD(RIG) | COM | H8817H100 | $763.5K | 184,867 | 0.1% |
| The Travelers Cos., Inc.(TRV) | COM | 89417E109 | $671.5K | 2,315 | 0.1% |
| Chubb LTD Inc(CB) | COM | H1467J104 | $664.5K | 2,129 | 0.1% |
| Imperial Oil LTD(IMO) | COM | 453038408 | $599.4K | 6,945 | 0.1% |
| International Business Machine(IBM) | COM | 459200101 | $414.4K | 1,399 | 0.1% |
| Raytheon Technologies(RTX) | COM | 75513E101 | $320.8K | 1,749 | 0.0% |