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Pecaut & Co.

SEC CIK
0001597200
Latest filing
Aug 3, 2026

Holdings in Q2 2025

Holdings as of Jun 30, 2025, filed Aug 14, 2025. Long positions only; changes compare share counts with Q1 2025.

Institution overview
Positions
82
+5 vs. Q1 2025
Portfolio value
$301.2M
+$7.33M (+2.5%) vs. Q1 2025
Filed
Aug 14, 2025
SEC
Holdings of Pecaut & Co. in Q2 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
SPDR Series Trust78468R523ST STR BL 12 ETF376,756$37.5M12.4%+523+0.1%Added–
BRK.BBerkshire Hathaway IncStock62,046$30.1M10.0%−341−0.5%ReducedHistory
iShares Tr46436E7180-3 MTH TREASURY277,904$28.0M9.3%−9,462−3.3%Reduced–
TPLTexas Pacific Land CorpStock13,752$14.5M4.8%−28−0.2%ReducedHistory
State Street SPDR Portfolio S&P 500 Growth ETF78464A409ETF152,191$14.5M4.8%−1,793−1.2%Reduced–
GOOGAlphabet Inc.Stock64,020$11.4M3.8%−1,112−1.7%ReducedHistory
Vanguard Dividend Appreciation ETF921908844ETF54,747$11.2M3.7%+923+1.7%Added–
State Street SPDR Portfolio S&P 500 Value ETF78464A508ETF181,480$9.50M3.2%+8,649+5.0%Added–
iShares Inc46434G764MSCI EMRG CHN139,113$8.78M2.9%+4,836+3.6%Added–
BRK.ABerkshire Hathaway IncCL A12$8.75M2.9%00.0%UnchangedHistory
State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847ETF152,256$8.28M2.7%−1,495−1.0%Reduced–
iShares MSCI USA Min Vol Factor ETF46429B697ETF86,268$8.10M2.7%+2,673+3.2%Added–
AAPLApple Inc.Stock38,070$7.81M2.6%−1,347−3.4%ReducedHistory
State Street SPDR Portfolio Developed World Ex-US ETF78463X889ETF185,739$7.52M2.5%+10,052+5.7%Added–
COSTCostco Wholesale CorpStock7,426$7.35M2.4%−20−0.3%ReducedHistory
First Tr Exchange-Traded FD33734X846NASDAQ CYB ETF72,954$5.51M1.8%+1,016+1.4%Added–
ANAutonation, Inc.COM26,170$5.20M1.7%−50−0.2%ReducedHistory
MSFTMicrosoft CorpStock9,749$4.85M1.6%−69−0.7%ReducedHistory
LOWLowes Companies IncStock20,000$4.44M1.5%−1,288−6.1%ReducedHistory
KNFKnife River CorpStock52,865$4.32M1.4%−1,360−2.5%ReducedHistory
State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853ETF91,076$3.88M1.3%−9,350−9.3%Reduced–
First Tr Exchange-Traded FD33737A108NASDQ CLN EDGE25,810$3.59M1.2%+60.0%Added–
ICEIntercontinental Exchange, Inc.Stock18,800$3.45M1.1%−150−0.8%ReducedHistory
NVDANVIDIA CorpStock20,372$3.22M1.1%−50−0.2%ReducedHistory
CPCanadian Pacific Kansas City LtdCOM38,900$3.08M1.0%−4,612−10.6%ReducedHistory
BLDRBuilders FirstSource, Inc.Stock20,935$2.44M0.8%+13,631+186.6%AddedHistory
WTMWhite Mountains Insurance Group LtdCOM1,167$2.10M0.7%00.0%UnchangedHistory
State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663ETF22,713$2.08M0.7%−1,934−7.8%Reduced–
Vanguard Morningstar Growth ETF922908736ETF4,715$2.07M0.7%+1,109+30.8%Added–
Listed FDS Tr53656F623HORI KI INFL ETF48,150$2.03M0.7%00.0%Unchanged–
ORCLOracle CorpStock8,322$1.82M0.6%−265−3.1%ReducedHistory
J P Morgan Exchange Traded F46641Q654ULTRA SHT MUNCPL35,342$1.80M0.6%+35,342New–
FNDFloor & Decor Holdings, Inc.CL A22,900$1.74M0.6%00.0%UnchangedHistory
AXPAmerican Express CoStock5,119$1.63M0.5%00.0%UnchangedHistory
BWXTBWX Technologies, Inc.COM9,635$1.39M0.5%00.0%UnchangedHistory
GLDMWorld Gold TrustSPDR GLD MINIS19,947$1.31M0.4%+2,343+13.3%AddedHistory
URIUnited Rentals, Inc.COM1,653$1.25M0.4%00.0%UnchangedHistory
Vanguard Ftse Developed Markets ETF921943858ETF21,680$1.24M0.4%+559+2.6%Added–
WMTWalmart Inc.Stock12,613$1.23M0.4%00.0%UnchangedHistory
FWONALiberty Media CorpCOM LBTY ONE S A12,108$1.15M0.4%−300−2.4%ReducedHistory
UNPUnion Pacific CorpStock4,918$1.13M0.4%−70−1.4%ReducedHistory
LBLandBridge Co LLCCL A15,991$1.08M0.4%+10.0%AddedHistory
Vanguard Morningstar Small-Cap ETF922908751ETF4,506$1.07M0.4%+2,141+90.5%Added–
Vanguard Morningstar Value ETF922908744ETF6,027$1.07M0.4%+960+18.9%Added–
WPMWheaton Precious Metals Corp.COM11,550$1.04M0.3%00.0%UnchangedHistory
Vanguard Morningstar Mid-Cap ETF922908629ETF3,598$1.01M0.3%+756+26.6%Added–
NKENIKE, Inc.Stock13,002$923.7K0.3%−43,910−77.2%ReducedHistory
Vanguard World FD921910733ESG US STK ETF7,947$871.3K0.3%−348−4.2%Reduced–
PVHPVH Corp.COM12,600$864.4K0.3%+12,600NewHistory
MSBMesabi TrustCTF BEN INT33,940$813.2K0.3%+131+0.4%AddedHistory
NRPNatural Resource Partners LPCOM UNIT LTD PAR7,800$745.0K0.2%+500+6.8%AddedHistory
CASYCaseys General Stores IncCOM1,425$727.1K0.2%00.0%UnchangedHistory
ACIAlbertsons Companies, Inc.COMMON STOCK30,400$653.9K0.2%00.0%UnchangedHistory
TDWTidewater IncCOM14,000$645.8K0.2%−1,000−6.7%ReducedHistory
SORSource CapitalCEF14,772$640.6K0.2%+190+1.3%AddedHistory
NVONovo Nordisk A SADR9,200$635.0K0.2%−12,387−57.4%ReducedHistory
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF5,156$569.3K0.2%00.0%Unchanged–
HEHawaiian Electric Industries IncCOM40,000$425.2K0.1%+40,000NewHistory
Aris Water Solutions, Inc.04041L106CLASS A COM16,879$399.2K0.1%+16,879New–
JNJJohnson & JohnsonStock2,488$380.0K0.1%−1,545−38.3%ReducedHistory
LXULSB Industries, Inc.COM43,500$339.3K0.1%00.0%UnchangedHistory
iShares Tr46435G516ESG AW MSCI EAFE3,777$337.0K0.1%+37+1.0%Added–
CNICanadian National Railway CoStock2,850$296.5K0.1%00.0%UnchangedHistory
BOCBoston Omaha CorpStock20,900$293.4K0.1%00.0%UnchangedHistory
RLIRli CorpCOM3,983$287.7K0.1%00.0%UnchangedHistory
SPYSPDR S&P 500 ETF TrustETF425$262.7K0.1%−50−10.5%ReducedHistory
TSLATesla, Inc.Stock825$262.1K0.1%00.0%UnchangedHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR1,102$249.7K0.1%+1,102NewHistory
CINFCincinnati Financial CorpCOM1,653$246.2K0.1%00.0%UnchangedHistory
iShares Russell 1000 Growth ETF464287614ETF576$244.4K0.1%−11−1.9%Reduced–
iShares Tr46435U135CYBERSECURITY4,580$243.7K0.1%−58−1.3%Reduced–
PGRProgressive CorpStock900$240.2K0.1%00.0%UnchangedHistory
iShares Russell 1000 Value ETF464287598ETF1,229$238.8K0.1%−36−2.8%Reduced–
ELVElevance Health, Inc.Stock600$233.4K0.1%00.0%UnchangedHistory
RCGRENN Fund, Inc.COM86,050$228.9K0.1%00.0%UnchangedHistory
PHYSSprott Physical Gold TrustPHYSICAL GOLD TR8,700$220.5K0.1%00.0%UnchangedHistory
SLBSLB LimitedStock6,500$219.7K0.1%00.0%UnchangedHistory
Occidental Pete Corp WT Exp 080327674599162Stock10,507$217.6K0.1%−1,012−8.8%Reduced–
ADPAutomatic Data Processing IncStock700$215.9K0.1%00.0%UnchangedHistory
iShares Tr46435G425ESG AWR MSCI USA1,535$207.7K0.1%+1,535New–
VRSKVerisk Analytics, Inc.COM650$202.5K0.1%+650NewHistory
SJTSan Juan Basin Royalty TrustUNIT BEN INT30,000$179.1K0.1%+20,000+200.0%AddedHistory

Sold out since Q1 2025 (2)

Positions held at the end of Q1 2025 that are gone from this filing.

Positions of Pecaut & Co. sold out since Q1 2025
SecurityClassShares in Q1 2025Value in Q1 2025% of portfolio in Q1 2025History
NENoble Corp plcORD SHS A19,528$462.8K0.2%History
UFCSUnited Fire Group IncCOM7,200$212.1K0.1%History