PECAUT & CO. — 13F Holdings & Portfolio

CIK 1597200 · latest 13F-HR filed 2026-05-11

PECAUT & CO. manages $308.0M in 13F-reported U.S. long-equity assets across 66 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are BRK.B (8.88%), BILS (8.27%), VCSH (7.97%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 3 new positions, exited 7, added to 27, and trimmed 20.

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.

Loading holdings…
AUM

$308.0M

Long-equity book

Holdings

66

Distinct positions

Period

2026-03-31

Filed 2026-05-11

Q/Q Activity

+3 / −7 / ↑27 / ↓20

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • LISTED FDS TR$5.5M +235.4%
  • ISHARES INC$4.5M +39.5%
  • TEXAS PACIFIC LAND CORPORATI$3.9M +65.2%
  • SPDR INDEX SHS FDS$3.8M +38.6%
  • FIRST TR EXCHANGE TRADED FD$1.4M +30.9%
Show all 27

Top Trims

  • SPDR SERIES TRUST-$20.3M -44.4%
  • ISHARES TR-$8.9M -35.4%
  • ALPHABET INC-$3.4M -18.0%
  • MICROSOFT CORP-$2.1M -40.4%
  • BERKSHIRE HATHAWAY INC DEL-$1.9M -6.6%
Show all 20

New Positions

  • VANGUARD SCOTTSDALE FDS$24.6M
  • STARBUCKS CORP$1.9M
  • OR ROYALTIES INC.$304.2K
Show all 3

Exited Positions

  • FIRST TR EXCHANGE TRADED FD$6.4M
  • ISHARES TR$4.0M
  • ISHARES TR$488.7K
  • CINCINNATI FINL CORP$270.0K
  • ISHARES TR$220.4K
Show all 7
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 BRK.B 084670702 $27.4M 8.88% 57,101 SH
2 SPDR SERIES TRUST BILS 78468R523 $25.5M 8.27% 256,061 SH
3 VANGUARD SCOTTSDALE FDS VCSH 92206C409 $24.6M 7.97% 309,836 SH
4 ISHARES TR SGOV 46436E718 $16.2M 5.27% 161,243 SH
5 ISHARES INC EMXC 46434G764 $16.1M 5.21% 204,164 SH
6 ALPHABET INC GOOG 02079K107 $15.6M 5.05% 54,236 SH
7 SPDR SERIES TRUST SPYG 78464A409 $15.3M 4.97% 156,240 SH
8 SPDR INDEX SHS FDS SPDW 78463X889 $13.5M 4.39% 295,863 SH
9 VANGUARD SPECIALIZED FUNDS VIG 921908844 $12.3M 4.00% 57,236 SH
10 SPDR SERIES TRUST SPYV 78464A508 $10.0M 3.26% 177,439 SH
11 TEXAS PACIFIC LAND CORPORATI TPL 88262P102 $9.8M 3.18% 20,605 SH
12 APPLE INC AAPL 037833100 $9.2M 2.99% 36,337 SH
13 FIRST TR EXCHANGE-TRADED FD GRID 33737A108 $8.2M 2.65% 49,962 SH
14 LISTED FDS TR INFL 53656F623 $7.8M 2.53% 149,401 SH
15 BERKSHIRE HATHAWAY INC DEL BRK.A 084670108 $7.2M 2.33% 10 SH
16 COSTCO WHOLESALE CORPORATION COST 22160K105 $7.1M 2.31% 7,127 SH
17 SPDR SERIES TRUST SPMD 78464A847 $6.3M 2.04% 106,001 SH
18 FIRST TR EXCHANGE TRADED FD AIRR 33738R704 $6.1M 1.98% 54,986 SH
19 AUTONATION INC AN 05329W102 $5.0M 1.61% 25,420 SH
20 LOWES COS INC LOW 548661107 $4.7M 1.51% 19,718 SH
21 KNIFE RIVER CORP KNF 498894104 $4.1M 1.35% 50,790 SH
22 SPDR SERIES TRUST BIL 78468R663 $3.3M 1.07% 36,071 SH
23 SPDR SERIES TRUST SPSM 78468R853 $3.2M 1.05% 66,906 SH
24 MICROSOFT CORP MSFT 594918104 $3.1M 1.00% 8,336 SH
25 INTERCONTINENTAL EXCHANGE IN ICE 45866F104 $2.7M 0.88% 17,291 SH
26 WHITE MTNS INS GROUP LTD WTM G9618E107 $2.6M 0.84% 1,172 SH
27 WATERBRIDGE INFRASTRUCTURE L WBI 940923105 $2.3M 0.76% 87,500 SH
28 J P MORGAN EXCHANGE TRADED F JMST 46641Q654 $2.2M 0.73% 43,937 SH
29 BUILDERS FIRSTSOURCE INC BLDR 12008R107 $2.2M 0.72% 26,865 SH
30 WORLD GOLD TR GLDM 98149E303 $2.1M 0.67% 22,252 SH
31 VANGUARD INDEX FDS VUG 922908736 $2.0M 0.65% 4,608 SH
32 VANGUARD TAX-MANAGED FDS VEA 921943858 $1.9M 0.63% 30,267 SH
33 CASEYS GEN STORES INC CASY 147528103 $1.9M 0.61% 2,600 SH
34 STARBUCKS CORP SBUX 855244109 $1.9M 0.60% 20,700 SH
35 BWX TECHNOLOGIES INC BWXT 05605H100 $1.7M 0.54% 8,135 SH
36 AMERICAN EXPRESS CO AXP 025816109 $1.5M 0.50% 5,040 SH
37 WALMART INC WMT 931142103 $1.5M 0.49% 12,219 SH
38 WHEATON PRECIOUS METALS CORP WPM 962879102 $1.5M 0.49% 11,550 SH
39 NVIDIA CORPORATION NVDA 67066G104 $1.3M 0.42% 7,402 SH
40 VANGUARD INDEX FDS VTV 922908744 $1.3M 0.41% 6,441 SH
41 LANDBRIDGE COMPANY LLC LB 514952100 $1.1M 0.36% 15,893 SH
42 MESABI TR MSB 590672101 $1.1M 0.35% 33,963 SH
43 UNION PAC CORP UNP 907818108 $1.1M 0.35% 4,381 SH
44 UNITED RENTALS INC URI 911363109 $1.0M 0.33% 1,403 SH
45 NATURAL RESOURCE PARTNERS LP NRP 63900P608 $977.1K 0.32% 8,075 SH
46 LIBERTY MEDIA CORP DEL FWONA 531229771 $949.3K 0.31% 12,158 SH
47 VANGUARD INDEX FDS VB 922908751 $876.1K 0.28% 3,345 SH
48 VANGUARD INDEX FDS VO 922908629 $873.3K 0.28% 3,041 SH
49 VANGUARD WORLD FD ESGV 921910733 $824.8K 0.27% 7,347 SH
50 TIDEWATER INC NEW TDW 88642R109 $793.7K 0.26% 9,500 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-11 $308.0M 66 0001398344-26-008869
2025-12-31 2026-02-10 $310.0M 70 0001398344-26-002609
2025-09-30 2025-11-03 $311.3M 79 0001398344-25-020159