Institutional Manager · CIK 0001730815

Poehling Capital Management, INC.

Madison, WI · File #028-18383

Latest AUM

$488.7M

Positions

141

Top-10 Concentration

47.1%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	FISERV INC	FISV	+191,324	+$12.9M	-$946,905
REDUCE	WARNER BROS DISCOVERY IN TENDER OFFER EXP: 01/21/26	WBD	-421,832	-$12.2M	+$8.4M
REDUCE	3M CO	MMM	-33,655	-$5.4M	+$330,482
ADD	DIAGEO PLC F SPONSORED ADR 1 ADR REPS 4 ORD SHS	DGEAF	+39,309	+$3.4M	-$505,531
ADD	ALIMENTATION COUCHE-TA F CLASS A	002011646	+54,555	+$3.0M	+$196,157
REDUCE	MICROSOFT CORP	MSFT	-6,010	-$2.9M	-$799,125
REDUCE	CANNAE HLDGS INC	CNNE	-183,583	-$2.9M	-$2.2M
REDUCE	SPHERE ENTERTAINMENT A CLASS CLASS A	SPHR	-28,421	-$2.7M	+$1.8M
REDUCE	BANK NEW YORK MELLON COR	064058100	-23,032	-$2.7M	+$336,137
ADD	SALESFORCE INC	CRM	+7,586	+$2.0M	+$50,964

Sector Allocation

Financials

12.5%$61.0M

Technology

9.0%$44.0M

Healthcare

6.5%$31.7M

Communication Services

6.5%$31.6M

Consumer Staples

6.3%$31.1M

Consumer Discretionary

4.5%$22.0M

2.2%$10.6M

1.8%$8.9M

0.1%$688,652

0.1%$253,509

Filing History

Feb 6, 202613F HOLDINGS REPORTQ/E Dec 2025141 pos · $488.7M
Nov 5, 202513F HOLDINGS REPORTQ/E Sep 2025136 pos · $475.8M
Aug 11, 202513F HOLDINGS REPORTQ/E Jun 2025135 pos · $428.1M
May 2, 202513F HOLDINGS REPORTQ/E Mar 2025131 pos · $395.2M
Feb 18, 202513F HOLDINGS REPORTQ/E Dec 2024135 pos · $406.5M
Nov 13, 202413F HOLDINGS REPORTQ/E Sep 2024134 pos · $391.1M
Aug 9, 202413F HOLDINGS REPORTQ/E Jun 2024130 pos · $365.4M
May 10, 202413F HOLDINGS REPORTQ/E Mar 2024130 pos · $373.3M
Nov 15, 202313F HOLDINGS REPORTQ/E Dec 2023125 pos · $285.8M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	FAIRFAX FINL HLDGS LTD F	FRFFF	18,249	$34.8M	8.43%
2	BERKSHIRE HATHAWAY CLASS CLASS B	BRK-A	58,846	$29.6M	7.17%
3	MARKEL GROUP INC	MKL	13,222	$28.4M	6.89%
4	ALPHABET INC CLASS CLASS C	GOOG	64,657	$20.3M	4.92%
5	CHARLES SCHWAB CORP	SCHW-PJ	176,381	$17.6M	4.27%
6	WARNER BROS DISCOVERY IN TENDER OFFER EXP: 01/21/26	WBD	483,848	$13.9M	3.38%
7	FISERV INC	FISV	206,656	$13.9M	3.37%
8	WELLS FARGO & CO	949746101	138,412	$12.9M	3.13%
9	APPLE INC	AAPL	45,665	$12.4M	3.01%
10	CANNAE HLDGS INC	CNNE	651,696	$10.3M	2.49%
11	PEPSICO INC	PEP	70,349	$10.1M	2.45%
12	ALIMENTATION COUCHE-TA F CLASS A	002011646	180,905	$9.9M	2.40%
13	PARAMOUNT SKYDANCE CORP CLASS B	PSKY	639,756	$8.6M	2.08%
14	VIATRIS INC	VTRS	677,299	$8.4M	2.04%
15	MICROSOFT CORP	MSFT	17,257	$8.3M	2.02%
16	MASTERCARD INC CLASS CLASS A	MA	14,529	$8.3M	2.01%
17	DIAGEO PLC F SPONSORED ADR 1 ADR REPS 4 ORD SHS	DGEAF	94,498	$8.2M	1.98%
18	AMAZON.COM INC	AMZN	33,821	$7.8M	1.89%
19	VISA INC CLASS CLASS A	V	22,250	$7.8M	1.89%
20	JEFFERIES FINL GROUP INC	47233W109	122,995	$7.6M	1.85%