13F HOLDINGS REPORT
Lincoln Capital LLC
Quarter ended Q3 2025 · Filed November 5, 2025 · Accession 0001633862-25-000002
Total Value
$533.8M
Positions
124
Other Managers
0
Confidential Omitted
No
Holdings (124)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 94,151 | $47.0M | 8.80% |
| 2 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 53 | $39.8M | 7.45% |
| 3 | ALPHABET INC | GOOG | 156,456 | $38.4M | 7.19% |
| 4 | MASTERCARD INCORPORATED | MA | 60,963 | $35.4M | 6.63% |
| 5 | MARKEL GROUP INC | MKL | 17,549 | $34.1M | 6.38% |
| 6 | COSTCO WHSL CORP NEW | 22160K105 | 34,863 | $31.9M | 5.98% |
| 7 | MICROSOFT CORP | MSFT | 42,909 | $22.2M | 4.16% |
| 8 | DANAHER CORPORATION | 235851102 | 86,419 | $18.6M | 3.48% |
| 9 | AMAZON COM INC | AMZN | 80,154 | $17.6M | 3.30% |
| 10 | APPLE INC | AAPL | 56,520 | $14.6M | 2.73% |
| 11 | STARBUCKS CORP | SBUX | 161,969 | $14.0M | 2.62% |
| 12 | MCDONALDS CORP | MCD | 32,027 | $9.6M | 1.81% |
| 13 | CARRIER GLOBAL CORPORATION | CARR | 160,714 | $9.6M | 1.80% |
| 14 | HAGERTY INC | HGTY | 787,387 | $9.4M | 1.77% |
| 15 | DISNEY WALT CO | 254687106 | 81,683 | $9.2M | 1.72% |
| 16 | JPMORGAN CHASE & CO. | VYLD | 28,383 | $8.8M | 1.65% |
| 17 | MARRIOTT INTL INC NEW | 571903202 | 26,393 | $7.1M | 1.32% |
| 18 | ROPER TECHNOLOGIES INC | ROP | 13,109 | $6.6M | 1.23% |
| 19 | BANK NEW YORK MELLON CORP | 064058100 | 60,815 | $6.5M | 1.21% |
| 20 | OTIS WORLDWIDE CORP | OTIS | 69,939 | $6.4M | 1.20% |
| 21 | LINDE PLC | LIN | 13,707 | $6.4M | 1.20% |
| 22 | AMERICAN EXPRESS CO | AXP | 19,127 | $6.3M | 1.18% |
| 23 | SCHWAB CHARLES CORP | SCHW-PJ | 61,205 | $5.8M | 1.08% |
| 24 | OCCIDENTAL PETE CORP | 674599105 | 124,642 | $5.6M | 1.05% |
| 25 | MOODYS CORP | MCO | 11,507 | $5.6M | 1.05% |
| 26 | COCA COLA CO | KO | 79,118 | $5.3M | 0.99% |
| 27 | UNION PAC CORP | UNP | 20,510 | $4.9M | 0.91% |
| 28 | JOHNSON & JOHNSON | JNJ | 23,394 | $4.4M | 0.83% |
| 29 | LIBERTY MEDIA CORP DEL | FWONB | 41,312 | $4.3M | 0.81% |
| 30 | TRAVELERS COMPANIES INC | TRV | 13,195 | $3.8M | 0.70% |
| 31 | COPART INC | CPRT | 81,804 | $3.7M | 0.69% |
| 32 | ISHARES TR | 464287200 | 4,594 | $3.1M | 0.58% |
| 33 | ALPHABET INC | GOOG | 12,401 | $3.1M | 0.57% |
| 34 | BLACKROCK INC | BLK | 2,470 | $2.9M | 0.54% |
| 35 | AMPHENOL CORP NEW | 032095101 | 23,130 | $2.8M | 0.53% |
| 36 | FASTENAL CO | FAST | 57,188 | $2.7M | 0.51% |
| 37 | CAPITAL GROUP GROWTH ETF | 14020G101 | 60,934 | $2.7M | 0.50% |
| 38 | CHUBB LIMITED | CB | 9,054 | $2.6M | 0.48% |
| 39 | VERALTO CORP | VLTO | 23,634 | $2.5M | 0.47% |
| 40 | BECTON DICKINSON & CO | BDX | 12,848 | $2.5M | 0.47% |
| 41 | LOUISIANA PAC CORP | LPX | 25,054 | $2.3M | 0.42% |
| 42 | WALMART INC | WMT | 22,139 | $2.3M | 0.42% |
| 43 | PEPSICO INC | PEP | 15,609 | $2.2M | 0.42% |
| 44 | DEERE & CO | DE | 4,476 | $2.1M | 0.39% |
| 45 | ECOLAB INC | ECL | 7,080 | $2.0M | 0.37% |
| 46 | IDEXX LABS INC | 45168D104 | 3,027 | $1.9M | 0.36% |
| 47 | COSTAR GROUP INC | CSGP | 21,243 | $1.8M | 0.34% |
| 48 | VANGUARD INDEX FDS | 922908736 | 3,462 | $1.7M | 0.31% |
| 49 | ISHARES TR | 46432F842 | 18,236 | $1.6M | 0.30% |
| 50 | CINCINNATI FINL CORP | 172062101 | 9,813 | $1.6M | 0.30% |
| 51 | ESAB CORPORATION | ESAB | 12,676 | $1.5M | 0.28% |
| 52 | HOME DEPOT INC | HD | 3,599 | $1.4M | 0.27% |
| 53 | MSCI INC | MSCI | 2,502 | $1.4M | 0.26% |
| 54 | ISHARES TR | 464287507 | 21,015 | $1.4M | 0.26% |
| 55 | BROOKFIELD ASSET MANAGMT LTD | 113004105 | 23,019 | $1.3M | 0.25% |
| 56 | ISHARES TR | 464287804 | 10,328 | $1.2M | 0.23% |
| 57 | CAPITAL GROUP CORE EQUITY ET | 14020V108 | 29,607 | $1.2M | 0.22% |
| 58 | CATERPILLAR INC | CAT | 2,355 | $1.2M | 0.22% |
| 59 | NVIDIA CORPORATION | NVDA | 5,957 | $1.1M | 0.21% |
| 60 | DIAGEO PLC | DGEAF | 11,342 | $1.1M | 0.20% |
| 61 | S&P GLOBAL INC | SPGI | 2,272 | $1.1M | 0.20% |
| 62 | ISHARES TR | 46429B697 | 10,650 | $1.0M | 0.19% |
| 63 | VANGUARD INDEX FDS | 922908751 | 3,765 | $970,931 | 0.18% |
| 64 | PROCTER AND GAMBLE CO | 742718109 | 6,350 | $966,915 | 0.18% |
| 65 | APPLIED MATLS INC | 038222105 | 4,439 | $965,690 | 0.18% |
| 66 | TESLA INC | TSLA | 2,206 | $948,211 | 0.18% |
| 67 | BROOKFIELD CORP | 11271J107 | 13,317 | $915,010 | 0.17% |
| 68 | WASTE CONNECTIONS INC | WCN | 5,062 | $882,914 | 0.17% |
| 69 | CAPITAL GROUP INTL FOCUS EQT | 14019W109 | 28,012 | $849,870 | 0.16% |
| 70 | EXXON MOBIL CORP | XOM | 7,177 | $812,865 | 0.15% |
| 71 | CAPITAL GROUP GBL GROWTH EQT | 14020X104 | 23,149 | $804,659 | 0.15% |
| 72 | NIKE INC | NKE | 10,973 | $789,321 | 0.15% |
| 73 | VANGUARD INDEX FDS | 922908744 | 4,162 | $780,589 | 0.15% |
| 74 | SPDR S&P 500 ETF TR | SPY | 1,144 | $765,493 | 0.14% |
| 75 | META PLATFORMS INC | META | 1,064 | $756,341 | 0.14% |
| 76 | VISA INC | V | 2,157 | $754,605 | 0.14% |
| 77 | METTLER TOLEDO INTERNATIONAL | MTD | 560 | $735,862 | 0.14% |
| 78 | CAPITAL GROUP DIVIDEND VALUE | 14020W106 | 16,640 | $704,519 | 0.13% |
| 79 | VANGUARD INTL EQUITY INDEX F | 922042858 | 12,474 | $683,424 | 0.13% |
| 80 | XYLEM INC | XYL | 4,488 | $672,527 | 0.13% |
| 81 | STRYKER CORPORATION | SYK | 1,780 | $659,490 | 0.12% |
| 82 | ORACLE CORP | ORCL-PD | 2,286 | $653,973 | 0.12% |
| 83 | ISHARES TR | 46434V621 | 9,339 | $640,462 | 0.12% |
| 84 | COLGATE PALMOLIVE CO | CL | 8,188 | $638,664 | 0.12% |
| 85 | ACCENTURE PLC IRELAND | ACN | 2,580 | $632,864 | 0.12% |
| 86 | VANGUARD TAX-MANAGED FDS | 921943858 | 9,861 | $602,142 | 0.11% |
| 87 | CAPITAL GROUP DIVIDEND GROWE | 14021L109 | 17,015 | $595,015 | 0.11% |
| 88 | PHILLIPS 66 | PSX | 4,292 | $570,911 | 0.11% |
| 89 | WELLS FARGO CO NEW | 949746101 | 7,042 | $568,090 | 0.11% |
| 90 | HERSHEY CO | HSY | 2,868 | $559,724 | 0.10% |
| 91 | AMERICAN TOWER CORP NEW | 03027X100 | 2,700 | $513,567 | 0.10% |
| 92 | RTX CORPORATION | RTX | 2,887 | $480,999 | 0.09% |
| 93 | UNITED PARCEL SERVICE INC | UPS | 5,488 | $476,258 | 0.09% |
| 94 | AUTOMATIC DATA PROCESSING IN | ADP | 1,567 | $456,483 | 0.09% |
| 95 | VANECK ETF TRUST | 92189F106 | 5,858 | $451,535 | 0.08% |
| 96 | VANGUARD INTL EQUITY INDEX F | 922042742 | 3,235 | $449,907 | 0.08% |
| 97 | HENRY SCHEIN INC | HSIC | 6,500 | $435,695 | 0.08% |
| 98 | EATON CORP PLC | ETN | 1,162 | $433,961 | 0.08% |
| 99 | CAPITAL GROUP INTERNATIONAL | 14021M107 | 12,292 | $423,826 | 0.08% |
| 100 | VANGUARD INDEX FDS | 922908363 | 664 | $408,822 | 0.08% |
| 101 | BERKLEY W R CORP | WRB-PH | 5,236 | $402,439 | 0.08% |
| 102 | SPDR GOLD TR | GLD | 1,035 | $370,041 | 0.07% |
| 103 | INTERNATIONAL BUSINESS MACHS | INTR | 1,225 | $353,341 | 0.07% |
| 104 | UNILEVER PLC | UNLYF | 5,542 | $327,334 | 0.06% |
| 105 | US BANCORP DEL | USB-PS | 6,641 | $319,233 | 0.06% |
| 106 | BANK AMERICA CORP | 060505104 | 6,161 | $311,993 | 0.06% |
| 107 | BWX TECHNOLOGIES INC | BWXT | 1,654 | $308,754 | 0.06% |
| 108 | ISHARES TR | 464287655 | 1,246 | $306,304 | 0.06% |
| 109 | CISCO SYS INC | CSCO | 4,480 | $304,282 | 0.06% |
| 110 | DIMENSIONAL ETF TRUST | 25434V708 | 7,766 | $301,321 | 0.06% |
| 111 | PFIZER INC | PFE | 10,271 | $281,109 | 0.05% |
| 112 | VANGUARD INDEX FDS | 922908553 | 3,000 | $274,260 | 0.05% |
| 113 | FIRST TR EXCHANGE TRADED FD | 33738R704 | 2,767 | $268,588 | 0.05% |
| 114 | CHEVRON CORP NEW | CVX | 1,701 | $261,152 | 0.05% |
| 115 | SYSCO CORP | SYY | 3,104 | $254,994 | 0.05% |
| 116 | PRICE T ROWE GROUP INC | TROW | 2,430 | $250,970 | 0.05% |
| 117 | PHILIP MORRIS INTL INC | 718172109 | 1,591 | $243,853 | 0.05% |
| 118 | VALMONT INDS INC | 920253101 | 600 | $236,772 | 0.04% |
| 119 | ABBVIE INC | ABBV | 1,001 | $234,144 | 0.04% |
| 120 | ISHARES TR | 464287150 | 1,544 | $226,198 | 0.04% |
| 121 | CAPITAL ONE FINL CORP | 14040H105 | 1,041 | $223,190 | 0.04% |
| 122 | INVESCO QQQ TR | IVZ | 353 | $213,127 | 0.04% |
| 123 | MCCORMICK & CO INC | MKC-V | 3,083 | $212,473 | 0.04% |
| 124 | CONOCOPHILLIPS | COP | 2,218 | $208,843 | 0.04% |