13F HOLDINGS REPORT
VAN DEN BERG MANAGEMENT I, INC
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001398344-26-003217
Total Value
$436.5M
Positions
126
Other Managers
0
Confidential Omitted
No
Holdings (126)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPROTT ASSET MANAGEMENT LP | SII | 854,848 | $28.2M | 6.47% |
| 2 | COHERENT CORP | COHR | 119,837 | $22.1M | 5.07% |
| 3 | SEABRIDGE GOLD INC | SA | 707,390 | $20.9M | 4.80% |
| 4 | LUMEN TECHNOLOGIES INC | LUMN | 2,394,300 | $18.6M | 4.26% |
| 5 | ALPHABET INC | GOOG | 57,770 | $18.1M | 4.15% |
| 6 | EXXON MOBIL CORP | XOM | 141,017 | $17.0M | 3.89% |
| 7 | BROOKFIELD CORP | 11271J107 | 297,347 | $13.6M | 3.13% |
| 8 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 27,110 | $13.6M | 3.12% |
| 9 | DIAMONDBACK ENERGY INC | FANG | 84,661 | $12.7M | 2.92% |
| 10 | EQT CORP | EQT | 229,883 | $12.3M | 2.82% |
| 11 | INTERNATIONAL BUSINESS MACHS | INTR | 36,875 | $10.9M | 2.50% |
| 12 | QUALCOMM INC | QCOM | 57,705 | $9.9M | 2.26% |
| 13 | DELL TECHNOLOGIES INC | DELL | 77,921 | $9.8M | 2.25% |
| 14 | INTEL CORP | INTC | 258,183 | $9.5M | 2.18% |
| 15 | ELEVANCE HEALTH INC FORMERLY | ELV | 26,999 | $9.5M | 2.17% |
| 16 | COMSTOCK RES INC | LODE | 400,740 | $9.3M | 2.13% |
| 17 | VONTIER CORPORATION | VNT | 233,018 | $8.7M | 1.99% |
| 18 | KENNEDY-WILSON HOLDINGS INC | KW | 894,821 | $8.7M | 1.98% |
| 19 | UNITEDHEALTH GROUP INC | UNH | 26,123 | $8.6M | 1.98% |
| 20 | THE CIGNA GROUP | 125523100 | 30,665 | $8.4M | 1.93% |
| 21 | MICROSOFT CORP | MSFT | 17,319 | $8.4M | 1.92% |
| 22 | DANAHER CORPORATION | 235851102 | 35,802 | $8.2M | 1.88% |
| 23 | THERMO FISHER SCIENTIFIC INC | TMO | 13,897 | $8.1M | 1.85% |
| 24 | ARCH CAP GROUP LTD | G0450A105 | 80,439 | $7.7M | 1.77% |
| 25 | DISNEY WALT CO | 254687106 | 66,511 | $7.6M | 1.73% |
| 26 | PERMIAN RESOURCES CORP | PR | 519,501 | $7.3M | 1.67% |
| 27 | SLB LIMITED | SLB | 179,118 | $6.9M | 1.58% |
| 28 | STANLEY BLACK & DECKER INC | SWK | 89,601 | $6.7M | 1.52% |
| 29 | COLUMBUS MCKINNON CORP N Y | CMCO | 379,019 | $6.5M | 1.50% |
| 30 | ILLUMINA INC | ILMN | 46,556 | $6.1M | 1.40% |
| 31 | SMURFIT WESTROCK PLC | SW | 156,087 | $6.0M | 1.38% |
| 32 | MARKETAXESS HLDGS INC | MKTX | 30,399 | $5.5M | 1.26% |
| 33 | CME GROUP INC | CME | 18,810 | $5.1M | 1.18% |
| 34 | TIMKEN CO | TKR | 59,686 | $5.0M | 1.15% |
| 35 | SENSATA TECHNOLOGIES HLDG PL | ST | 127,965 | $4.3M | 0.98% |
| 36 | META PLATFORMS INC | META | 6,096 | $4.0M | 0.92% |
| 37 | CONOCOPHILLIPS | COP | 42,234 | $4.0M | 0.91% |
| 38 | WORKDAY INC | WDAY | 17,234 | $3.7M | 0.85% |
| 39 | FEDEX CORP | FDX | 12,276 | $3.5M | 0.81% |
| 40 | VERISIGN INC | VRSN | 14,474 | $3.5M | 0.81% |
| 41 | BANK AMERICA CORP | 060505104 | 58,964 | $3.2M | 0.74% |
| 42 | GENERAC HLDGS INC | GNRC | 23,049 | $3.1M | 0.72% |
| 43 | MOODYS CORP | MCO | 5,927 | $3.0M | 0.69% |
| 44 | FORTIVE CORP | FTV | 51,439 | $2.8M | 0.65% |
| 45 | UNITED PARCEL SERVICE INC | UPS | 25,205 | $2.5M | 0.57% |
| 46 | BRISTOW GROUP INC | VTOL | 62,328 | $2.3M | 0.52% |
| 47 | CRESCENT ENERGY COMPANY | CRGY | 218,153 | $1.8M | 0.42% |
| 48 | BROOKFIELD ASSET MANAGMT LTD | 113004105 | 28,131 | $1.5M | 0.34% |
| 49 | COTERRA ENERGY INC | CTRA | 50,034 | $1.3M | 0.30% |
| 50 | VANECK ETF TRUST | 92189F791 | 10,353 | $1.2M | 0.27% |
| 51 | DEVON ENERGY CORP NEW | 25179M103 | 29,259 | $1.1M | 0.25% |
| 52 | ERO COPPER CORP | ERO | 33,593 | $950,346 | 0.22% |
| 53 | INVESCO EXCHANGE TRADED FD T | IVZ | 4,825 | $924,243 | 0.21% |
| 54 | MASTERCARD INCORPORATED | MA | 1,592 | $908,841 | 0.21% |
| 55 | SPROTT ASSET MANAGEMENT LP | SII | 37,819 | $894,419 | 0.20% |
| 56 | TEXAS INSTRS INC | 882508104 | 5,125 | $889,136 | 0.20% |
| 57 | VANGUARD INDEX FDS | 922908769 | 2,582 | $865,605 | 0.20% |
| 58 | VANGUARD SPECIALIZED FUNDS | 921908844 | 3,885 | $853,845 | 0.20% |
| 59 | NORTHERN OIL & GAS INC | NOG | 38,305 | $822,416 | 0.19% |
| 60 | AGNICO EAGLE MINES LTD | AEM | 4,797 | $813,235 | 0.19% |
| 61 | OVINTIV INC | OVV | 19,742 | $773,689 | 0.18% |
| 62 | VANECK ETF TRUST | 92189F643 | 6,906 | $715,193 | 0.16% |
| 63 | SOLARIS ENERGY INFRAS INC | SEI | 15,465 | $710,930 | 0.16% |
| 64 | LIBERTY ENERGY INC | LBRT | 38,141 | $704,083 | 0.16% |
| 65 | ISHARES TR | 464287200 | 1,008 | $690,378 | 0.16% |
| 66 | CHEVRON CORP NEW | CVX | 4,496 | $685,235 | 0.16% |
| 67 | VANGUARD TAX-MANAGED FDS | 921943858 | 10,895 | $680,609 | 0.16% |
| 68 | SCHWAB STRATEGIC TR | 808524755 | 15,033 | $679,642 | 0.16% |
| 69 | SELECT SECTOR SPDR TR | 81369Y506 | 13,850 | $619,246 | 0.14% |
| 70 | ISHARES TR | 464287622 | 1,622 | $605,720 | 0.14% |
| 71 | VANGUARD INDEX FDS | 922908363 | 953 | $597,667 | 0.14% |
| 72 | BAYTEX ENERGY CORP | BTE | 180,571 | $583,244 | 0.13% |
| 73 | AZZ INC | AZZ | 5,414 | $580,283 | 0.13% |
| 74 | SPDR DOW JONES INDL AVERAGE | 78467X109 | 1,160 | $557,461 | 0.13% |
| 75 | SPDR SERIES TRUST | 78468R556 | 3,492 | $440,858 | 0.10% |
| 76 | EVEREST GROUP LTD | EG | 1,240 | $420,794 | 0.10% |
| 77 | VANGUARD WHITEHALL FDS | 921946406 | 2,857 | $410,037 | 0.09% |
| 78 | SUNCOR ENERGY INC NEW | SU | 9,168 | $406,692 | 0.09% |
| 79 | VANGUARD WHITEHALL FDS | 921946794 | 4,074 | $366,660 | 0.08% |
| 80 | AMAZON COM INC | AMZN | 1,523 | $351,539 | 0.08% |
| 81 | SPDR SERIES TRUST | 78468R853 | 7,292 | $341,703 | 0.08% |
| 82 | HECLA MNG CO | 422704106 | 17,000 | $326,230 | 0.07% |
| 83 | ISHARES TR | 464287614 | 681 | $322,317 | 0.07% |
| 84 | TALOS ENERGY INC | TALO | 26,407 | $291,005 | 0.07% |
| 85 | AT&T INC | T-PC | 11,495 | $285,536 | 0.07% |
| 86 | SPROTT ASSET MANAGEMENT LP | SII | 6,126 | $280,571 | 0.06% |
| 87 | ANTERO RESOURCES CORP | AR | 7,970 | $274,646 | 0.06% |
| 88 | ISHARES TR | 464287598 | 1,256 | $264,187 | 0.06% |
| 89 | GLOBAL X FDS | 37954Y871 | 6,113 | $261,224 | 0.06% |
| 90 | RANGE RES CORP | RRC | 6,434 | $226,863 | 0.05% |
| 91 | ISHARES TR | 464287507 | 3,022 | $199,456 | 0.05% |
| 92 | ISHARES TR | 464287499 | 1,804 | $173,670 | 0.04% |
| 93 | ISHARES TR | 464287879 | 1,523 | $173,153 | 0.04% |
| 94 | SCHWAB STRATEGIC TR | 808524730 | 4,258 | $153,543 | 0.04% |
| 95 | VANECK ETF TRUST | 92189F106 | 1,590 | $136,374 | 0.03% |
| 96 | ISHARES TR | 464287473 | 913 | $128,779 | 0.03% |
| 97 | TRANSOCEAN LTD | RIG | 27,743 | $114,579 | 0.03% |
| 98 | SCHWAB STRATEGIC TR | 808524797 | 1,899 | $52,090 | 0.01% |
| 99 | RING ENERGY INC | REI | 57,884 | $50,359 | 0.01% |
| 100 | ISHARES TR | 464287390 | 1,300 | $39,585 | 0.01% |
| 101 | VANGUARD INDEX FDS | 922908611 | 149 | $31,557 | 0.01% |
| 102 | ISHARES TR | 464287184 | 710 | $27,186 | 0.01% |
| 103 | VANGUARD INDEX FDS | 922908637 | 86 | $27,073 | 0.01% |
| 104 | VANECK ETF TRUST | 92189F601 | 216 | $26,827 | 0.01% |
| 105 | ENCORE ENERGY CORP | EU | 10,000 | $24,800 | 0.01% |
| 106 | ISHARES TR | 464287804 | 194 | $23,267 | 0.01% |
| 107 | VANGUARD INDEX FDS | 922908744 | 113 | $21,582 | 0.00% |
| 108 | ISHARES TR | 464287309 | 150 | $18,489 | 0.00% |
| 109 | VANGUARD INDEX FDS | 922908736 | 35 | $17,075 | 0.00% |
| 110 | ALPHABET INC | GOOG | 51 | $15,963 | 0.00% |
| 111 | GLOBAL X FDS | 37954Y848 | 175 | $14,616 | 0.00% |
| 112 | VANGUARD INDEX FDS | 922908553 | 125 | $11,061 | 0.00% |
| 113 | INVESCO EXCHANGE TRADED FD T | IVZ | 150 | $8,571 | 0.00% |
| 114 | SELECT SECTOR SPDR TR | 81369Y605 | 133 | $7,309 | 0.00% |
| 115 | GLOBAL X FDS | 37954Y699 | 325 | $6,307 | 0.00% |
| 116 | ISHARES TR | 464287606 | 64 | $6,200 | 0.00% |
| 117 | SPDR SERIES TRUST | 78468R549 | 62 | $5,082 | 0.00% |
| 118 | ISHARES TR | 464287408 | 19 | $4,092 | 0.00% |
| 119 | ISHARES TR | 464287630 | 15 | $2,718 | 0.00% |
| 120 | VANECK ETF TRUST | 92189F452 | 240 | $2,522 | 0.00% |
| 121 | ISHARES TR | 464287887 | 17 | $2,400 | 0.00% |
| 122 | ISHARES TR | 464287705 | 12 | $1,579 | 0.00% |
| 123 | ISHARES TR | 464287655 | 5 | $1,305 | 0.00% |
| 124 | VANGUARD INDEX FDS | 922908751 | 5 | $1,290 | 0.00% |
| 125 | SELECT SECTOR SPDR TR | 81369Y803 | 4 | $576 | 0.00% |
| 126 | ISHARES TR | 464287465 | 3 | $316 | 0.00% |