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Cheviot Value Management, LLC — 13F Holdings & Portfolio

CIK 1427147 · latest 13F-HR filed 2026-08-06

Backtest portfolio

Cheviot Value Management, LLC manages $984.0M in 13F-reported U.S. long-equity assets across 443 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are BRK.B (12.09%), SGOV (10.26%), AEM (6.46%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 27 new positions, exited 10, added to 220, and trimmed 108.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
433 N. CAMDEN DR.
SUITE 800
BEVERLY HILLS, CA 90210
Phone
(310) 451-8600
Filing Manager
Cheviot Value Management, LLC
BEVERLY HILLS, CA
Signatory
David Horvitz
Principal
Loading holdings…
AUM

$984.0M

Long-equity book

Holdings

443

Distinct positions

Period

2026-06-30

Filed 2026-08-06

Q/Q Activity

+27 / −10 / ↑220 / ↓108

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ALPHABET INC CAP STK CL A$9.0M +18.8%
  • VISA INC COM CL A$4.0M +16.7%
  • UNILEVER PLC SPON ADR NEW$3.2M +16.9%
  • SANDISK CORP COM$2.7M +246.0%
  • AMAZON COM INC COM$2.7M +15.9%
Show all 220 →

Top Trims

  • AGNICO EAGLE MINES LTD COM-$19.9M -23.8%
  • ISHARES 0-3 MONTH TREASURY BOND ETF-$6.6M -6.1%
  • SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD AN-$4.6M -16.7%
  • NEWMONT CORP COM-$3.7M -15.4%
  • CHEVRON CORPORATION COM-$3.5M -20.4%
Show all 108 →

New Positions

  • EXXONMOBIL HOLDINGS CORP COM SHS$17.0M
  • SPACEX$728.7K
  • OMNICOM GROUP INC COM$339.4K
  • HONEYWELL INTL INC COM$96.7K
  • HONEYWELL AEROSPACE INC COM$95.5K
Show all 27 →

Exited Positions

  • EXXON MOBIL CORP COM$21.3M
  • HONEYWELL INTL INC COM$185.8K
  • BLACKROCK MUNIHLDNGS CALI COM$17.9K
  • GENERAL MTRS CO COM$7.5K
  • GENPREX INC COM NEW$1.8K
Show all 10 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B 084670702 $118.9M 12.09% 237,670 SH
2 ISHARES 0-3 MONTH TREASURY BOND ETF SGOV 46436E718 $100.9M 10.26% 1,002,516 SH
3 AGNICO EAGLE MINES LTD COM AEM 008474108 $63.6M 6.46% 409,761 SH
4 ALPHABET INC CAP STK CL A GOOGL 02079K305 $56.8M 5.77% 158,980 SH
5 STATE STREET DOUBLELINE TOTAL RETURN TACTICAL ETF TOTL 78467V848 $54.0M 5.49% 1,368,052 SH
6 JOHNSON & JOHNSON COM JNJ 478160104 $39.3M 3.99% 154,695 SH
7 ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF LQD 464287242 $35.3M 3.59% 323,920 SH
8 FLEXSHARES IBOXX 5 YEAR TARGET DURATION TIPS INDEX FUND TDTF 33939L605 $32.6M 3.32% 1,372,859 SH
9 VISA INC COM CL A V 92826C839 $27.6M 2.80% 80,407 SH
10 META PLATFORMS INC CL A META 30303M102 $24.7M 2.51% 43,818 SH
11 SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD AN CEF 85208R101 $22.8M 2.32% 567,160 SH
12 UNILEVER PLC SPON ADR NEW UL 904767803 $22.1M 2.25% 367,496 SH
13 MERCK & CO INC COM MRK 58933Y105 $22.0M 2.23% 171,084 SH
14 MICROSOFT CORP COM MSFT 594918104 $21.6M 2.19% 57,787 SH
15 NEWMONT CORP COM NEM 651639106 $20.4M 2.07% 218,434 SH
16 AMAZON COM INC COM AMZN 023135106 $19.5M 1.98% 81,721 SH
17 EXXONMOBIL HOLDINGS CORP COM SHS XOM 30233Q108 $17.0M 1.73% 124,616 SH
18 MARKEL GROUP INC COM MKL 570535104 $15.6M 1.58% 7,971 SH
19 COMCAST CORP NEW CL A CMCSA 20030N101 $15.4M 1.56% 627,143 SH
20 BERKSHIRE HATHAWAY INC DEL CL A BRK.A 084670108 $15.0M 1.52% 20 SH
21 PFIZER INC COM PFE 717081103 $14.8M 1.50% 612,610 SH
22 CHEVRON CORPORATION COM CVX 166764100 $13.7M 1.39% 82,362 SH
23 CONOCOPHILLIPS COM COP 20825C104 $12.4M 1.26% 119,603 SH
24 BARRICK MNG CORP B 06849F108 $11.3M 1.15% 308,875 SH
25 APPLE INC COM AAPL 037833100 $10.0M 1.01% 34,484 SH
26 INVESCO QQQ TRUST SERIES I QQQ 46090E103 $8.8M 0.90% 11,987 SH
27 ABBVIE INC COM ABBV 00287Y109 $7.0M 0.71% 27,894 SH
28 WISDOMTREE EMERGING MARKETS HIGH DIVIDEND FUND DEM 97717W315 $6.9M 0.70% 127,512 SH
29 ALAMOS GOLD INC COM CL A AGI 011532108 $6.6M 0.67% 217,351 SH
30 ISHARES IBONDS DEC 2031 TERM CORPORATE ETF IBDW 46436E486 $6.2M 0.63% 298,110 SH
31 ISHARES IBONDS DEC 2028 TERM CORPORATE ETF IBDT 46435U515 $6.2M 0.63% 244,851 SH
32 PAN AMERN SILVER CORP COM PAAS 697900108 $5.8M 0.59% 130,025 SH
33 OAKMARK U.S. LARGE CAP ETF OAKM 41456U106 $5.4M 0.55% 192,975 SH
34 SCHWAB SHORT-TERM US TREASURY ETF SCHO 808524862 $5.1M 0.52% 213,107 SH
35 SCHWAB FUNDAMENTAL EMERGING MARKETS EQUITY ETF FNDE 808524730 $5.1M 0.52% 129,249 SH
36 OCCIDENTAL PETE CORP COM OXY 674599105 $4.7M 0.48% 96,617 SH
37 VANECK GOLD MINERS ETF GDX 92189F106 $4.3M 0.44% 57,130 SH
38 CVS HEALTH CORP COM CVS 126650100 $4.3M 0.44% 41,597 SH
39 SANDISK CORP COM SNDK 80004C200 $3.9M 0.39% 1,694 SH
40 APPLIED MATLS INC COM AMAT 038222105 $3.7M 0.38% 5,136 SH
41 PHILLIPS 66 COM PSX 718546104 $3.7M 0.38% 21,875 SH
42 ISHARES CORE U.S. AGGREGATE BOND ETF AGG 464287226 $3.5M 0.36% 35,825 SH
43 VANGUARD S&P 500 ETF VOO 922908363 $3.5M 0.36% 5,159 SH
44 LIBERTY BROADBAND CORP COM SER C LBRDK 530307305 $3.3M 0.33% 98,593 SH
45 ISHARES U.S. TREASURY BOND ETF GOVT 46429B267 $3.3M 0.33% 142,817 SH
46 NVIDIA CORPORATION COM NVDA 67066G104 $2.8M 0.29% 14,096 SH
47 INVESCO INTERNATIONAL DIVIDEND ACHIEVERS ETF PID 46137V548 $2.7M 0.28% 122,502 SH
48 WESTERN DIGITAL CORP COM WDC 958102105 $2.7M 0.28% 4,240 SH
49 JPMORGAN CHASE & CO COM JPM 46625H100 $2.7M 0.28% 8,273 SH
50 VANECK SEMICONDUCTOR ETF SMH 92189F676 $2.5M 0.26% 3,850 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-06 $984.0M 443 0001140361-26-031662
2026-03-31 2026-05-12 $995.6M 426 0001140361-26-020764
2025-12-31 2026-02-03 $1.02B 416 0001140361-26-003468
2025-09-30 2025-10-31 $940.2M 444 0001140361-25-039956