PC

Pecaut & Co Portfolio holdings

AUM $328M Turnover 1.52%
1-Year Est. Return 21.14%
This Fund
S&P 500
This Quarter Est. Return
+6.36%
1 Year Est. Return
+21.14%
3 Year Est. Return
+67.58%
5 Year Est. Return
+93.35%
10 Year Est. Return
+426.07%
AUM
$311M
AUM Growth
+$10.1M
Cap. Flow
-$4.99M
Cap. Flow %
-1.6%
Top 10 Hldgs %
58.55%
Holding
86
New
4
Increased
19
Reduced
35
Closed
7
Avg Time Held
4.1 years
Top 10 Avg Time Held
3.6 years
Top 20 Avg Time Held
4.7 years

Top Buys

Rank Stock Value
1
BILS icon
State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
+$5.54M
2
AIRR icon
First Trust RBA American Industrial Renaissance ETF
AIRR
+$4.29M
3
GRID icon
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
+$3.37M
4
WBI icon
WaterBridge Infrastructure LLC
WBI
+$1.56M
5
CIBR icon
First Trust NASDAQ Cybersecurity ETF
CIBR
+$1.2M

Top Sells

Rank Stock Value
1
TPL icon
Texas Pacific Land
TPL
+$6.5M
2
USMV icon
iShares MSCI USA Min Vol Factor ETF
USMV
+$4.23M
3
CP icon
Canadian Pacific Kansas City
CP
+$3.08M
4
SGOV icon
iShares 0-3 Month Treasury Bond ETF
SGOV
+$2.76M
5
SPMD icon
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
+$2.33M

Sector Composition

Rank Sector Weight
1 Miscellaneous 57.03%
2 Financials 15.27%
3 Technology 6.53%
4 Communication Services 5.26%
5 Consumer Discretionary 5.24%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
BLDR icon
26
Builders FirstSource
BLDR
$5.44B
$2.4M 0.77%
19,835
-1,100
-5% -$146K
2019 Q1
26 quarters
BIL icon
27
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$50.8B
$2.38M 0.76%
25,889
+3,176
+14% +$291K
2023 Q2
9 quarters
VUG icon
28
Vanguard Morningstar Growth ETF
VUG
$232B
$2.3M 0.74%
28,734
+444
+2% +$33.9K
2021 Q2
17 quarters
INFL icon
29
Horizon Kinetics Inflation Beneficiaries ETF
INFL
$1.53B
$2.15M 0.69%
48,150
– –
2021 Q1
18 quarters
ORCL icon
30
Oracle
ORCL
$396B
$2.07M 0.67%
7,378
-944
-11% -$240K
2024 Q1
6 quarters
WTM icon
31
White Mountains Insurance
WTM
$5.01B
$1.95M 0.63%
1,167
– –
2017 Q1
34 quarters
JMST icon
32
JPMorgan Ultra-Short Municipal Income ETF
JMST
$7.87B
$1.79M 0.58%
35,117
-225
-0.6% -$11.5K
2025 Q2
1 quarter
FND icon
33
Floor & Decor
FND
$4.71B
$1.69M 0.54%
22,900
– –
2022 Q2
13 quarters
AXP icon
34
American Express
AXP
$207B
$1.68M 0.54%
5,050
-69
-1% -$21.9K
2013 Q4
47 quarters
WBI icon
35
WaterBridge Infrastructure LLC
WBI
$1.65B
$1.68M 0.54%
+66,500
New +$1.56M
2025 Q3
0 quarters
GLDM icon
36
SPDR Gold MiniShares Trust
GLDM
$30.5B
$1.6M 0.51%
20,963
+1,016
+5% +$69.6K
2021 Q2
17 quarters
BWXT icon
37
BWX Technologies
BWXT
$12.3B
$1.5M 0.48%
8,135
-1,500
-16% -$241K
2023 Q4
7 quarters
URI icon
38
United Rentals
URI
$64.4B
$1.34M 0.43%
1,403
-250
-15% -$223K
2022 Q2
13 quarters
CASY icon
39
Casey's General Stores
CASY
$24.2B
$1.31M 0.42%
2,325
+900
+63% +$471K
2017 Q2
33 quarters
WMT icon
40
Walmart Inc
WMT
$922B
$1.3M 0.42%
12,614
+1
+0% +$100
2020 Q3
20 quarters
WPM icon
41
Wheaton Precious Metals
WPM
$58.9B
$1.29M 0.42%
11,550
– –
2020 Q4
19 quarters
VEA icon
42
Vanguard FTSE Developed Markets ETF
VEA
$227B
$1.27M 0.41%
21,172
-508
-2% -$29.6K
2022 Q1
14 quarters
VTV icon
43
Vanguard Morningstar Value ETF
VTV
$189B
$1.17M 0.38%
6,272
+245
+4% +$44.4K
2021 Q2
17 quarters
FWONA icon
44
Liberty Media Corporation Series A Common Stock
FWONA
$20.8B
$1.15M 0.37%
12,108
– –
2017 Q1
34 quarters
UNP icon
45
Union Pacific
UNP
$170B
$1.06M 0.34%
4,468
-450
-9% -$101K
2015 Q3
40 quarters
PVH icon
46
PVH
PVH
$3.76B
$1.06M 0.34%
12,600
– –
2025 Q2
1 quarter
MSB icon
47
Mesabi Trust
MSB
$237M
$981K 0.32%
33,963
+23
+0.1% +$675
2023 Q4
7 quarters
ESGV icon
48
Vanguard ESG US Stock ETF
ESGV
$13.5B
$925K 0.3%
7,809
-138
-2% -$15.7K
2021 Q4
15 quarters
VB icon
49
Vanguard Morningstar Small-Cap ETF
VB
$76.8B
$873K 0.28%
3,434
-1,072
-24% -$266K
2021 Q2
17 quarters
LB icon
50
LandBridge Co
LB
$2.45B
$853K 0.27%
15,991
– –
2024 Q3
4 quarters
1
2
3 4

Similar funds

SC
Stance Capital Boston, Massachusetts $328M AUM 48.17% 1-Year Est. Return
NA
NVP Associates Menlo Park, California $328M AUM 166.51% 1-Year Est. Return
VPF
Vantage Point Financial Lisle, Illinois $328M AUM 26.34% 1-Year Est. Return
KA
Kercheville Advisors San Antonio, Texas $328M AUM 76.85% 1-Year Est. Return
DIP
Davis Investment Partners Charlotte, North Carolina $328M AUM 36.73% 1-Year Est. Return
EWA
Encompass Wealth Advisors Portland, Oregon $328M AUM 26.97% 1-Year Est. Return
EAM
EdenTree Asset Management London, United Kingdom $328M AUM 20.4% 1-Year Est. Return
OFG
Omega Financial Group Santa Barbara, California $329M AUM 17.3% 1-Year Est. Return

Pecaut & Co's Q3 2025 Portfolio in Review

As of Q3 2025, Pecaut & Co held 86 positions worth $311M, up 3.3% from $301M the previous quarter. Its ten largest holdings account for 59% of the portfolio.

Pecaut & Co's Q3 2025 filing shows 4 new, 19 increased, 35 reduced and 7 closed positions. Its largest new stake was First Trust RBA American Industrial Renaissance ETF: 47,914 shares worth $4.63M. The largest sale was Texas Pacific Land, an estimated $6.5M.

By sector, the portfolio is most concentrated in Miscellaneous at 57% of assets, up from 55% a quarter earlier, followed by Financials and Technology.

  • Pecaut & Co's largest Q3 2025 buy was First Trust RBA American Industrial Renaissance ETF: 47,914 shares worth $4.63M.
  • Pecaut & Co added most to State Street SPDR Bloomberg 3-12 Month T-Bill ETF in Q3 2025, an estimated $5.54M increase.
  • Pecaut & Co's biggest Q3 2025 reduction was Texas Pacific Land, cutting an estimated $6.5M.
  • Pecaut & Co fully exited Canadian Pacific Kansas City in Q3 2025, selling an estimated $3.08M.
  • Pecaut & Co's ten largest holdings make up 59% of its $311M portfolio in Q3 2025.
  • Pecaut & Co opened 4 new positions and closed 7 in Q3 2025.
  • Pecaut & Co's portfolio value rose 3.3% quarter-over-quarter to $311M.

Based on Pecaut & Co's 13F filing for Q3 2025, filed 3 Nov 2025.