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Pecaut & Co.

SEC CIK
0001597200
Latest filing
Aug 3, 2026

Holdings in Q3 2025

Holdings as of Sep 30, 2025, filed Nov 3, 2025. Long positions only; changes compare share counts with Q2 2025.

Institution overview
Positions
79
−3 vs. Q2 2025
Portfolio value
$311.3M
+$10.1M (+3.3%) vs. Q2 2025
Filed
Nov 3, 2025
SEC
Holdings of Pecaut & Co. in Q3 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
SPDR Series Trust78468R523ST STR BL 12 ETF432,546$43.0M13.8%+55,790+14.8%Added–
BRK.BBerkshire Hathaway IncStock61,653$31.0M10.0%−393−0.6%ReducedHistory
iShares Tr46436E7180-3 MTH TREASURY250,441$25.2M8.1%−27,463−9.9%Reduced–
State Street SPDR Portfolio S&P 500 Growth ETF78464A409ETF160,508$16.8M5.4%+8,317+5.5%Added–
GOOGAlphabet Inc.Stock62,536$15.2M4.9%−1,484−2.3%ReducedHistory
Vanguard Dividend Appreciation ETF921908844ETF57,671$12.4M4.0%+2,924+5.3%Added–
State Street SPDR Portfolio S&P 500 Value ETF78464A508ETF184,630$10.2M3.3%+3,150+1.7%Added–
iShares Inc46434G764MSCI EMRG CHN148,502$10.0M3.2%+9,389+6.7%Added–
AAPLApple Inc.Stock36,294$9.24M3.0%−1,776−4.7%ReducedHistory
BRK.ABerkshire Hathaway IncCL A12$9.05M2.9%00.0%UnchangedHistory
State Street SPDR Portfolio Developed World Ex-US ETF78463X889ETF203,460$8.71M2.8%+17,721+9.5%Added–
First Tr Exchange-Traded FD33737A108NASDQ CLN EDGE49,252$7.44M2.4%+23,442+90.8%Added–
First Tr Exchange-Traded FD33734X846NASDAQ CYB ETF89,255$6.78M2.2%+16,301+22.3%Added–
COSTCostco Wholesale CorpStock7,086$6.56M2.1%−340−4.6%ReducedHistory
TPLTexas Pacific Land CorpStock6,869$6.41M2.1%−6,883−50.1%ReducedHistory
State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847ETF110,977$6.35M2.0%−41,279−27.1%Reduced–
ANAutonation, Inc.COM25,470$5.57M1.8%−700−2.7%ReducedHistory
MSFTMicrosoft CorpStock9,745$5.05M1.6%−40.0%ReducedHistory
LOWLowes Companies IncStock19,898$5.00M1.6%−102−0.5%ReducedHistory
First Tr Exchange Traded FD33738R704RBA INDL ETF47,914$4.63M1.5%+47,914New–
KNFKnife River CorpStock53,290$4.10M1.3%+425+0.8%AddedHistory
iShares MSCI USA Min Vol Factor ETF46429B697ETF41,152$3.92M1.3%−45,116−52.3%Reduced–
NVDANVIDIA CorpStock20,072$3.75M1.2%−300−1.5%ReducedHistory
State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853ETF69,583$3.22M1.0%−21,493−23.6%Reduced–
ICEIntercontinental Exchange, Inc.Stock18,500$3.12M1.0%−300−1.6%ReducedHistory
BLDRBuilders FirstSource, Inc.Stock19,835$2.40M0.8%−1,100−5.3%ReducedHistory
State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663ETF25,889$2.38M0.8%+3,176+14.0%Added–
Vanguard Morningstar Growth ETF922908736ETF4,789$2.30M0.7%+74+1.6%Added–
Listed FDS Tr53656F623HORI KI INFL ETF48,150$2.15M0.7%00.0%Unchanged–
ORCLOracle CorpStock7,378$2.07M0.7%−944−11.3%ReducedHistory
WTMWhite Mountains Insurance Group LtdCOM1,167$1.95M0.6%00.0%UnchangedHistory
J P Morgan Exchange Traded F46641Q654ULTRA SHT MUNCPL35,117$1.79M0.6%−225−0.6%Reduced–
FNDFloor & Decor Holdings, Inc.CL A22,900$1.69M0.5%00.0%UnchangedHistory
AXPAmerican Express CoStock5,050$1.68M0.5%−69−1.3%ReducedHistory
WBIWaterBridge Infrastructure LLCCL A SHS REPSTG66,500$1.68M0.5%+66,500NewHistory
GLDMWorld Gold TrustSPDR GLD MINIS20,963$1.60M0.5%+1,016+5.1%AddedHistory
BWXTBWX Technologies, Inc.COM8,135$1.50M0.5%−1,500−15.6%ReducedHistory
URIUnited Rentals, Inc.COM1,403$1.34M0.4%−250−15.1%ReducedHistory
CASYCaseys General Stores IncCOM2,325$1.31M0.4%+900+63.2%AddedHistory
WMTWalmart Inc.Stock12,614$1.30M0.4%+10.0%AddedHistory
WPMWheaton Precious Metals Corp.COM11,550$1.29M0.4%00.0%UnchangedHistory
Vanguard Ftse Developed Markets ETF921943858ETF21,172$1.27M0.4%−508−2.3%Reduced–
Vanguard Morningstar Value ETF922908744ETF6,272$1.17M0.4%+245+4.1%Added–
FWONALiberty Media CorpCOM LBTY ONE S A12,108$1.15M0.4%00.0%UnchangedHistory
UNPUnion Pacific CorpStock4,468$1.06M0.3%−450−9.2%ReducedHistory
PVHPVH Corp.COM12,600$1.06M0.3%00.0%UnchangedHistory
MSBMesabi TrustCTF BEN INT33,963$980.9K0.3%+23+0.1%AddedHistory
Vanguard World FD921910733ESG US STK ETF7,809$925.0K0.3%−138−1.7%Reduced–
Vanguard Morningstar Small-Cap ETF922908751ETF3,434$873.1K0.3%−1,072−23.8%Reduced–
LBLandBridge Co LLCCL A15,991$853.1K0.3%00.0%UnchangedHistory
Vanguard Morningstar Mid-Cap ETF922908629ETF2,868$842.3K0.3%−730−20.3%Reduced–
NRPNatural Resource Partners LPCOM UNIT LTD PAR7,800$819.0K0.3%00.0%UnchangedHistory
NKENIKE, Inc.Stock10,602$739.3K0.2%−2,400−18.5%ReducedHistory
TDWTidewater IncCOM12,500$666.6K0.2%−1,500−10.7%ReducedHistory
SORSource CapitalCEF13,165$592.7K0.2%−1,607−10.9%ReducedHistory
KMXCarMax IncCOM13,050$585.6K0.2%+13,050NewHistory
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF4,703$519.6K0.2%−453−8.8%Reduced–
HEHawaiian Electric Industries IncCOM40,000$441.6K0.1%00.0%UnchangedHistory
JNJJohnson & JohnsonStock2,239$415.1K0.1%−249−10.0%ReducedHistory
TSLATesla, Inc.Stock829$368.7K0.1%+4+0.5%AddedHistory
iShares Tr46435G516ESG AW MSCI EAFE3,542$329.4K0.1%−235−6.2%Reduced–
LXULSB Industries, Inc.COM38,500$303.4K0.1%−5,000−11.5%ReducedHistory
SPYSPDR S&P 500 ETF TrustETF425$283.3K0.1%00.0%UnchangedHistory
iShares Russell 1000 Growth ETF464287614ETF576$269.7K0.1%00.0%Unchanged–
Occidental Pete Corp WT Exp 080327674599162Stock10,507$267.9K0.1%00.0%Unchanged–
CINFCincinnati Financial CorpCOM1,653$261.3K0.1%00.0%UnchangedHistory
RLIRli CorpCOM3,984$259.8K0.1%+10.0%AddedHistory
PHYSSprott Physical Gold TrustPHYSICAL GOLD TR8,700$257.7K0.1%00.0%UnchangedHistory
CNICanadian National Railway CoStock2,684$253.1K0.1%−166−5.8%ReducedHistory
iShares Russell 1000 Value ETF464287598ETF1,231$250.7K0.1%+2+0.2%Added–
iShares Tr46435U135CYBERSECURITY4,580$239.7K0.1%00.0%Unchanged–
BOCBoston Omaha CorpStock17,400$227.6K0.1%−3,500−16.7%ReducedHistory
SLBSLB LimitedStock6,500$223.4K0.1%00.0%UnchangedHistory
PGRProgressive CorpStock900$222.3K0.1%00.0%UnchangedHistory
RCGRENN Fund, Inc.COM86,050$219.4K0.1%00.0%UnchangedHistory
iShares Tr46435G425ESG AWR MSCI USA1,478$215.2K0.1%−57−3.7%Reduced–
ADPAutomatic Data Processing IncStock700$205.4K0.1%00.0%UnchangedHistory
TFPMTriple Flag Precious Metals Corp.Stock7,000$204.8K0.1%+7,000NewHistory
SJTSan Juan Basin Royalty TrustUNIT BEN INT30,000$181.2K0.1%00.0%UnchangedHistory

Sold out since Q2 2025 (7)

Positions held at the end of Q2 2025 that are gone from this filing.

Positions of Pecaut & Co. sold out since Q2 2025
SecurityClassShares in Q2 2025Value in Q2 2025% of portfolio in Q2 2025History
CPCanadian Pacific Kansas City LtdCOM38,900$3.08M1.0%History
ACIAlbertsons Companies, Inc.COMMON STOCK30,400$653.9K0.2%History
NVONovo Nordisk A SADR9,200$635.0K0.2%History
Aris Water Solutions, Inc.04041L106CLASS A COM16,879$399.2K0.1%–
TSMTaiwan Semiconductor Manufacturing Co LtdADR1,102$249.7K0.1%History
ELVElevance Health, Inc.Stock600$233.4K0.1%History
VRSKVerisk Analytics, Inc.COM650$202.5K0.1%History