13F HOLDINGS REPORT
PECAUT & CO.
Quarter ended Q3 2025 · Filed November 3, 2025 · Accession 0001398344-25-020159
Total Value
$311.3M
Positions
79
Other Managers
0
Confidential Omitted
No
Holdings (79)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR SERIES TRUST | 78468R523 | 432,546 | $43.0M | 13.83% |
| 2 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 61,653 | $31.0M | 9.96% |
| 3 | ISHARES TR | 46436E718 | 250,441 | $25.2M | 8.10% |
| 4 | SPDR SERIES TRUST | 78464A409 | 160,508 | $16.8M | 5.39% |
| 5 | ALPHABET INC | GOOG | 62,536 | $15.2M | 4.89% |
| 6 | VANGUARD SPECIALIZED FUNDS | 921908844 | 57,671 | $12.4M | 4.00% |
| 7 | SPDR SERIES TRUST | 78464A508 | 184,630 | $10.2M | 3.28% |
| 8 | ISHARES INC | 46434G764 | 148,502 | $10.0M | 3.22% |
| 9 | APPLE INC | AAPL | 36,294 | $9.2M | 2.97% |
| 10 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 12 | $9.1M | 2.91% |
| 11 | SPDR INDEX SHS FDS | 78463X889 | 203,460 | $8.7M | 2.80% |
| 12 | FIRST TR EXCHANGE TRADED FD | 33737A108 | 49,252 | $7.4M | 2.39% |
| 13 | FIRST TR EXCHANGE TRADED FD | 33734X846 | 89,255 | $6.8M | 2.18% |
| 14 | COSTCO WHSL CORP NEW | 22160K105 | 7,086 | $6.6M | 2.11% |
| 15 | TEXAS PACIFIC LAND CORPORATI | TPL | 6,869 | $6.4M | 2.06% |
| 16 | SPDR SERIES TRUST | 78464A847 | 110,977 | $6.3M | 2.04% |
| 17 | AUTONATION INC | AN | 25,470 | $5.6M | 1.79% |
| 18 | MICROSOFT CORP | MSFT | 9,745 | $5.0M | 1.62% |
| 19 | LOWES COS INC | 548661107 | 19,898 | $5.0M | 1.61% |
| 20 | FIRST TR EXCHANGE TRADED FD | 33738R704 | 47,914 | $4.6M | 1.49% |
| 21 | KNIFE RIVER CORP | KNF | 53,290 | $4.1M | 1.32% |
| 22 | ISHARES TR | 46429B697 | 41,152 | $3.9M | 1.26% |
| 23 | NVIDIA CORPORATION | NVDA | 20,072 | $3.7M | 1.20% |
| 24 | SPDR SERIES TRUST | 78468R853 | 69,583 | $3.2M | 1.04% |
| 25 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 18,500 | $3.1M | 1.00% |
| 26 | BUILDERS FIRSTSOURCE INC | BLDR | 19,835 | $2.4M | 0.77% |
| 27 | SPDR SERIES TRUST | 78468R663 | 25,889 | $2.4M | 0.76% |
| 28 | VANGUARD INDEX FDS | 922908736 | 4,789 | $2.3M | 0.74% |
| 29 | LISTED FDS TR | 53656F623 | 48,150 | $2.2M | 0.69% |
| 30 | ORACLE CORP | ORCL-PD | 7,378 | $2.1M | 0.67% |
| 31 | WHITE MTNS INS GROUP LTD | G9618E107 | 1,167 | $2.0M | 0.63% |
| 32 | J P MORGAN EXCHANGE TRADED F | 46641Q654 | 35,117 | $1.8M | 0.58% |
| 33 | FLOOR & DECOR HLDGS INC | FND | 22,900 | $1.7M | 0.54% |
| 34 | AMERICAN EXPRESS CO | AXP | 5,050 | $1.7M | 0.54% |
| 35 | WATERBRIDGE INFRASTRUCTURE L | WBI | 66,500 | $1.7M | 0.54% |
| 36 | WORLD GOLD TR | GLDW | 20,963 | $1.6M | 0.51% |
| 37 | BWX TECHNOLOGIES INC | BWXT | 8,135 | $1.5M | 0.48% |
| 38 | UNITED RENTALS INC | URI | 1,403 | $1.3M | 0.43% |
| 39 | CASEYS GEN STORES INC | 147528103 | 2,325 | $1.3M | 0.42% |
| 40 | WALMART INC | WMT | 12,614 | $1.3M | 0.42% |
| 41 | WHEATON PRECIOUS METALS CORP | WPM | 11,550 | $1.3M | 0.41% |
| 42 | VANGUARD TAX-MANAGED FDS | 921943858 | 21,172 | $1.3M | 0.41% |
| 43 | VANGUARD INDEX FDS | 922908744 | 6,272 | $1.2M | 0.38% |
| 44 | LIBERTY MEDIA CORP DEL | FWONB | 12,108 | $1.2M | 0.37% |
| 45 | UNION PAC CORP | UNP | 4,468 | $1.1M | 0.34% |
| 46 | PVH CORPORATION | PVH | 12,600 | $1.1M | 0.34% |
| 47 | MESABI TR | MSB | 33,963 | $980,851 | 0.32% |
| 48 | VANGUARD WORLD FD | 921910733 | 7,809 | $924,954 | 0.30% |
| 49 | VANGUARD INDEX FDS | 922908751 | 3,434 | $873,150 | 0.28% |
| 50 | LANDBRIDGE COMPANY LLC | LB | 15,991 | $853,136 | 0.27% |
| 51 | VANGUARD INDEX FDS | 922908629 | 2,868 | $842,312 | 0.27% |
| 52 | NATURAL RESOURCE PARTNERS L | 63900P608 | 7,800 | $819,000 | 0.26% |
| 53 | NIKE INC | NKE | 10,602 | $739,277 | 0.24% |
| 54 | TIDEWATER INC NEW | TDGMW | 12,500 | $666,625 | 0.21% |
| 55 | SOURCE CAPITAL | SOR | 13,165 | $592,682 | 0.19% |
| 56 | CARMAX INC | KMX | 13,050 | $585,554 | 0.19% |
| 57 | ISHARES TR | 464288679 | 4,703 | $519,634 | 0.17% |
| 58 | HAWAIIAN ELEC INDUSTRIES | 419870100 | 40,000 | $441,600 | 0.14% |
| 59 | JOHNSON & JOHNSON | JNJ | 2,239 | $415,123 | 0.13% |
| 60 | TESLA INC | TSLA | 829 | $368,673 | 0.12% |
| 61 | ISHARES TR | 46435G516 | 3,542 | $329,350 | 0.11% |
| 62 | LSB INDS INC | 502160104 | 38,500 | $303,380 | 0.10% |
| 63 | SPDR S&P 500 ETF TR | SPY | 425 | $283,315 | 0.09% |
| 64 | ISHARES TR | 464287614 | 576 | $269,652 | 0.09% |
| 65 | OCCIDENTAL PETE CORP | 674599162 | 10,507 | $267,929 | 0.09% |
| 66 | CINCINNATI FINL CORP | 172062101 | 1,653 | $261,339 | 0.08% |
| 67 | RLI CORP | RLI | 3,984 | $259,832 | 0.08% |
| 68 | SPROTT ASSET MANAGEMENT LP | SII | 8,700 | $257,694 | 0.08% |
| 69 | CANADIAN NATL RY CO | 136375102 | 2,684 | $253,101 | 0.08% |
| 70 | ISHARES TR | 464287598 | 1,231 | $250,668 | 0.08% |
| 71 | ISHARES TR | 46435U135 | 4,580 | $239,685 | 0.08% |
| 72 | BOSTON OMAHA CORP | BOC | 17,400 | $227,592 | 0.07% |
| 73 | SCHLUMBERGER LTD | SLB | 6,500 | $223,405 | 0.07% |
| 74 | PROGRESSIVE CORP | 743315103 | 900 | $222,255 | 0.07% |
| 75 | RENN FD INC | 759720105 | 86,050 | $219,436 | 0.07% |
| 76 | ISHARES TR | 46435G425 | 1,478 | $215,166 | 0.07% |
| 77 | AUTOMATIC DATA PROCESSING IN | ADP | 700 | $205,450 | 0.07% |
| 78 | TRIPLE FLAG PRECIOUS METAL | TFPM | 7,000 | $204,820 | 0.07% |
| 79 | SAN JUAN BASIN RTY TR | 798241105 | 30,000 | $181,200 | 0.06% |