Institutional Manager · CIK 0001907802
Ervin Investment Management, LLC
SEATTLE, WA · File #028-21640
Latest AUM
$178.5M
Positions
44
Top-10 Concentration
72.8%
Filings
10
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 |
|---|---|---|---|---|---|
| REDUCE | ETFS GOLD TR | 00326A104 | -144,227 | -$57.2M | +$52.0M |
| REDUCE | ISHARES TR | 46436E718 | -17,166 | -$36.9M | +$40.5M |
| REDUCE | LOEWS CORP | L | -46,995 | -$22.7M | +$30.7M |
| REDUCE | BROOKFIELD CORP | 11271J107 | -145,683 | -$17.6M | +$8.3M |
| ADD | SPROUTS FMRS MKT INC | 85208M102 | +158,709 | +$13.1M | -$77,585 |
| REDUCE | APPLE INC | AAPL | -51,662 | -$11.2M | -$2.0M |
| ADD | ALPHABET INC | GOOG | +39,874 | +$10.8M | +$322,031 |
| ADD | AURORA INNOVATION INC | AUROW | +223,105 | +$10.2M | +$405,001 |
| ADD | GE HEALTHCARE TECHNOLOGIES I | GEHC | +26,753 | +$8.4M | +$752,255 |
| ADD | ISHARES TR | 464287200 | +76,939 | +$8.1M | -$1.3M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORT (Amended)Q/E Dec 202544 pos · $178.5M
- 13F HOLDINGS REPORTQ/E Dec 202544 pos · $178.5M
- 13F HOLDINGS REPORTQ/E Sep 202542 pos · $174.7M
- 13F HOLDINGS REPORTQ/E Jun 202540 pos · $159.8M
- 13F HOLDINGS REPORTQ/E Mar 202538 pos · $148.2M
- 13F HOLDINGS REPORTQ/E Dec 202437 pos · $155.0M
- 13F HOLDINGS REPORTQ/E Sep 202439 pos · $155.8M
- 13F HOLDINGS REPORTQ/E Jun 202438 pos · $144.3M
- 13F HOLDINGS REPORTQ/E Mar 202436 pos · $142.7M
- 13F HOLDINGS REPORTQ/E Dec 202335 pos · $119.3M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 80,860 | $40.6M | 22.77% |
| 2 | MICROSOFT CORP | MSFT | 33,063 | $16.0M | 8.96% |
| 3 | APPLE INC | AAPL | 51,250 | $13.9M | 7.81% |
| 4 | SPDR SERIES TRUST | 78464A805 | 161,659 | $13.3M | 7.47% |
| 5 | BROOKFIELD CORP | 11271J107 | 233,105 | $10.7M | 5.99% |
| 6 | ALPHABET INC | GOOG | 29,915 | $9.4M | 5.25% |
| 7 | LOEWS CORP | L | 79,180 | $8.3M | 4.67% |
| 8 | ETFS GOLD TR | 00326A104 | 146,880 | $6.0M | 3.38% |
| 9 | GENERAL MTRS CO | 37045V100 | 73,966 | $6.0M | 3.37% |
| 10 | MARKEL GROUP INC | MKL | 2,590 | $5.6M | 3.12% |
| 11 | JEFFERIES FINL GROUP INC | 47233W109 | 87,104 | $5.4M | 3.02% |
| 12 | VANGUARD INDEX FDS | 922908611 | 24,379 | $5.2M | 2.89% |
| 13 | SPDR INDEX SHS FDS | 78463X889 | 109,553 | $4.9M | 2.73% |
| 14 | SPDR INDEX SHS FDS | 78463X509 | 84,538 | $4.0M | 2.22% |
| 15 | ALPHABET INC | GOOG | 11,007 | $3.5M | 1.94% |
| 16 | EXXON MOBIL CORP | XOM | 23,276 | $2.8M | 1.57% |
| 17 | ASML HOLDING N V | ASMLF | 2,564 | $2.7M | 1.54% |
| 18 | ISHARES TR | 46436E718 | 18,113 | $1.8M | 1.02% |
| 19 | ORACLE CORP | ORCL-PD | 9,110 | $1.8M | 0.99% |
| 20 | BROOKFIELD ASSET MANAGMT LTD | 113004105 | 33,037 | $1.7M | 0.97% |