Cheviot Value Management, LLC
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| ALPHABET INC CAP STK CL A(GOOG) | 202,427 | 189,380 | -13,047 | 40,772,759 | 50,653,555 | 5.39% | +9,880,796 |
| AGNICO EAGLE MINES LTD COM(AEM) | 478,533 | 462,946 | -15,587 | 64,893,860 | 72,585,303 | 7.72% | +7,691,443 |
| FLEXSHARES IBOXX 5 YEAR TARGET DURATION TIPS INDEX FUND | 935,714 | 1,217,901 | +282,187 | 22,616,210 | 29,643,707 | 3.15% | +7,027,497 |
| FISERV INC COM(FISV) | 8,636 | 50,613 | +41,977 | 1,150,661 | 6,385,842 | 0.68% | +5,235,181 |
| ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF | 258,320 | 294,643 | +36,323 | 28,262,791 | 33,271,088 | 3.54% | +5,008,297 |
| SPDR DOUBLELINE TOTAL RETURN TACTICAL ETF | 977,509 | 1,080,501 | +102,992 | 39,149,240 | 44,095,228 | 4.69% | +4,945,988 |
| SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD AN(CEF) | 732,823 | 726,943 | -5,880 | 23,047,283 | 26,555,228 | 2.82% | +3,507,945 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | 239,673 | 237,304 | -2,369 | 111,543,814 | 114,247,638 | 12.15% | +2,703,824 |
| JOHNSON & JOHNSON COM(JNJ) | 172,530 | 169,962 | -2,568 | 29,904,564 | 31,771,074 | 3.38% | +1,866,510 |
| MERCK & CO INC COM(MRK) | 158,285 | 165,312 | +7,027 | 12,772,008 | 14,387,083 | 1.53% | +1,615,075 |
| EXXON MOBIL CORP COM | 122,556 | 126,220 | +3,664 | 13,088,938 | 14,519,130 | 1.54% | +1,430,192 |
| APPLE INC COM(AAPL) | 36,759 | 36,613 | -146 | 8,430,594 | 9,848,989 | 1.05% | +1,418,395 |
| ALAMOS GOLD INC NEW COM CL A | 176,402 | 189,029 | +12,627 | 4,618,204 | 5,961,975 | 0.63% | +1,343,771 |
| GCI LIBERTY INC COM SER C(GLIBA) | 0 | 25,860 | +25,860 | 0 | 948,545 | 0.10% | +948,545 |
| MICROSOFT CORP COM(MSFT) | 58,494 | 57,985 | -509 | 30,536,115 | 31,431,735 | 3.34% | +895,620 |
| NEWMONT CORP COM(NEM) | 350,304 | 315,560 | -34,744 | 24,163,957 | 25,036,508 | 2.66% | +872,551 |
| INTEL CORP COM(INTC) | 8,814 | 23,284 | +14,470 | 175,839 | 966,985 | 0.10% | +791,146 |
| ABBVIE INC COM(ABBV) | 28,837 | 28,544 | -293 | 5,711,169 | 6,494,935 | 0.69% | +783,766 |
| SIGNET JEWELERS LIMITED SHS | 0 | 7,515 | +7,515 | 0 | 772,918 | 0.08% | +772,918 |
| VANECK GOLD MINERS ETF | 67,549 | 65,889 | -1,660 | 3,921,896 | 4,679,438 | 0.50% | +757,542 |
| 3M CO COM(MMM) | 100 | 4,610 | +4,510 | 15,330 | 769,086 | 0.08% | +753,756 |
| INVESCO QQQ TRUST SERIES I | 11,319 | 11,451 | +132 | 6,503,274 | 7,247,503 | 0.77% | +744,229 |
| BOEING CO COM(BA) | 936 | 4,096 | +3,160 | 214,456 | 914,760 | 0.10% | +700,304 |
| CARDINAL HEALTH INC COM(CAH) | 0 | 4,100 | +4,100 | 0 | 667,439 | 0.07% | +667,439 |
| CVS HEALTH CORP COM(CVS) | 46,135 | 44,723 | -1,412 | 3,023,706 | 3,676,242 | 0.39% | +652,536 |
| ISHARES 0-3 MONTH TREASURY BOND ETF | 1,113,757 | 1,132,628 | +18,871 | 92,555,717 | 93,138,412 | 9.91% | +582,695 |
| VISA INC COM CL A(V) | 71,033 | 70,580 | -453 | 23,922,352 | 24,484,238 | 2.60% | +561,886 |
| VANGUARD S&P 500 ETF | 3,262 | 3,896 | +634 | 1,910,722 | 2,460,834 | 0.26% | +550,112 |
| SIMON PPTY GROUP INC NEW COM(SPG) | 0 | 3,065 | +3,065 | 0 | 541,800 | 0.06% | +541,800 |
| AMAZON COM INC COM(AMZN) | 68,915 | 69,114 | +199 | 15,346,681 | 15,844,385 | 1.69% | +497,704 |
| BERKSHIRE HATHAWAY INC DEL CL A | 20 | 20 | 0 | 13,960,802 | 14,449,894 | 1.54% | +489,092 |
| DISNEY WALT CO COM(DIS) | 6,293 | 10,530 | +4,237 | 707,540 | 1,175,700 | 0.13% | +468,160 |
| ETSY INC COM(ETSY) | 0 | 6,015 | +6,015 | 0 | 449,802 | 0.05% | +449,802 |
| SPROTT URANIUM MINERS ETF | 27,330 | 27,330 | 0 | 1,289,156 | 1,722,063 | 0.18% | +432,907 |
| ALASKA AIR GROUP INC COM | 0 | 9,400 | +9,400 | 0 | 404,200 | 0.04% | +404,200 |
| PAYPAL HLDGS INC COM(PYPL) | 68 | 5,337 | +5,269 | 4,600 | 389,708 | 0.04% | +385,108 |
| VANGUARD ULTRA-SHORT BOND ETF | 0 | 7,600 | +7,600 | 0 | 379,924 | 0.04% | +379,924 |
| SCHWAB FUNDAMENTAL EMERGING MARKETS EQUITY ETF | 131,168 | 129,657 | -1,511 | 4,464,952 | 4,832,309 | 0.51% | +367,357 |
| ALPHABET INC CAP STK CL C(GOOG) | 4,778 | 4,947 | +169 | 965,594 | 1,327,989 | 0.14% | +362,395 |
| ISHARES IBONDS DEC 2028 TERM CORPORATE ETF | 205,942 | 217,986 | +12,044 | 5,226,819 | 5,573,892 | 0.59% | +347,073 |
| NOBLE CORP PLC ORD SHS A(NE) | 0 | 11,455 | +11,455 | 0 | 343,077 | 0.04% | +343,077 |
| SANDISK CORP COM(SNDK) | 2,570 | 2,570 | 0 | 113,954 | 451,112 | 0.05% | +337,158 |
| BARRICK MNG CORP(B) | 566,630 | 426,584 | -140,046 | 13,276,141 | 13,582,435 | 1.44% | +306,294 |
| VANECK SEMICONDUCTOR ETF | 4,100 | 4,100 | 0 | 1,203,473 | 1,488,751 | 0.16% | +285,278 |
| PHILLIPS 66 COM(PSX) | 22,485 | 22,135 | -350 | 2,678,581 | 2,958,555 | 0.31% | +279,974 |
| TESLA INC COM(TSLA) | 2,800 | 2,570 | -230 | 923,020 | 1,183,614 | 0.13% | +260,594 |
| WESTERN DIGITAL CORP COM(WDC) | 7,884 | 6,709 | -1,175 | 591,063 | 838,088 | 0.09% | +247,025 |
| UNITED PARCEL SERVICE INC CL B(UPS) | 100 | 2,555 | +2,455 | 8,667 | 246,200 | 0.03% | +237,533 |
| NVIDIA CORPORATION COM(NVDA) | 13,897 | 13,809 | -88 | 2,539,004 | 2,776,049 | 0.30% | +237,045 |
| CAPRI HOLDINGS LIMITED SHS | 0 | 10,355 | +10,355 | 0 | 229,985 | 0.02% | +229,985 |
| OAKMARK U.S. LARGE CAP ETF | 49,385 | 54,630 | +5,245 | 1,258,330 | 1,487,029 | 0.16% | +228,699 |
| APPLIED MATLS INC COM | 5,161 | 5,161 | 0 | 954,114 | 1,174,850 | 0.12% | +220,736 |
| SPDR S&P BIOTECH ETF | 6,975 | 7,025 | +50 | 595,874 | 786,800 | 0.08% | +190,926 |
| HEWLETT PACKARD ENTERPRISE CO COM(HPE) | 55 | 6,835 | +6,780 | 1,145 | 165,749 | 0.02% | +164,604 |
| CHEVRON CORP NEW COM(CVX) | 80,420 | 81,943 | +1,523 | 12,465,903 | 12,629,810 | 1.34% | +163,907 |
| PAN AMERN SILVER CORP COM(PAAS) | 193,702 | 179,917 | -13,785 | 6,188,784 | 6,340,280 | 0.67% | +151,496 |
| JPMORGAN CHASE & CO. COM(JPM) | 8,290 | 8,290 | 0 | 2,393,820 | 2,531,434 | 0.27% | +137,614 |
| CORNING INC COM(GLW) | 6,269 | 6,271 | +2 | 412,304 | 541,986 | 0.06% | +129,682 |
| UNITEDHEALTH GROUP INC COM(UNH) | 1,045 | 1,045 | 0 | 262,180 | 384,393 | 0.04% | +122,213 |
| ISHARES CORE U.S. AGGREGATE BOND ETF | 34,897 | 35,246 | +349 | 3,452,713 | 3,569,320 | 0.38% | +116,607 |
| MORGAN STANLEY COM NEW(MS) | 4,075 | 4,225 | +150 | 583,459 | 698,012 | 0.07% | +114,553 |
| ELI LILLY & CO COM(LLY) | 581 | 581 | 0 | 363,503 | 476,478 | 0.05% | +112,975 |
| ISHARES 1-5 YEAR INVESTMENT GRADE CORPORATE BOND ETF | 3,653 | 5,603 | +1,950 | 192,440 | 297,968 | 0.03% | +105,528 |
| ISHARES U.S. REAL ESTATE ETF | 0 | 1,079 | +1,079 | 0 | 104,051 | 0.01% | +104,051 |
| VANGUARD RUSSELL 1000 GROWTH ETF | 0 | 819 | +819 | 0 | 103,096 | 0.01% | +103,096 |
| VANGUARD SHORT-TERM CORPORATE BOND ETF | 2 | 1,262 | +1,260 | 159 | 101,124 | 0.01% | +100,965 |
| ISHARES U.S. TREASURY BOND ETF | 32,481 | 36,084 | +3,603 | 743,487 | 841,847 | 0.09% | +98,360 |
| QUALCOMM INC COM(QCOM) | 3,156 | 3,106 | -50 | 465,699 | 562,279 | 0.06% | +96,580 |
| BANK AMERICA CORP COM | 14,141 | 14,091 | -50 | 650,627 | 744,991 | 0.08% | +94,364 |
| CENCORA INC COM | 1,788 | 1,788 | 0 | 509,812 | 600,124 | 0.06% | +90,312 |
| WELLS FARGO CO NEW COM(WFC) | 9,800 | 9,800 | 0 | 762,930 | 851,620 | 0.09% | +88,690 |
| RTX CORPORATION COM(RTX) | 3,286 | 3,296 | +10 | 508,836 | 588,903 | 0.06% | +80,067 |
| UNILEVER PLC SPON ADR NEW(UL) | 381,279 | 377,270 | -4,009 | 23,280,865 | 23,360,568 | 2.48% | +79,703 |
| BEST BUY INC COM(BBY) | 4,125 | 4,225 | +100 | 284,501 | 354,309 | 0.04% | +69,808 |
| INVESCO INTERNATIONAL DIVIDEND ACHIEVERS ETF | 131,064 | 129,175 | -1,889 | 2,733,399 | 2,799,212 | 0.30% | +65,813 |
| CATERPILLAR INC COM(CAT) | 603 | 603 | 0 | 251,162 | 316,255 | 0.03% | +65,093 |
| ISHARES U.S. AEROSPACE & DEFENSE ETF | 2,649 | 2,649 | 0 | 520,396 | 576,263 | 0.06% | +55,867 |
| AECOM COM(ACM) | 3,475 | 3,525 | +50 | 411,544 | 466,393 | 0.05% | +54,849 |
| ASML HOLDING N V N Y REGISTRY SHS | 158 | 158 | 0 | 114,127 | 166,292 | 0.02% | +52,165 |
| CAPITAL ONE FINL CORP COM(COF) | 550 | 750 | +200 | 114,527 | 165,743 | 0.02% | +51,216 |
| FORD MTR CO COM(F) | 33,345 | 32,595 | -750 | 377,465 | 427,972 | 0.05% | +50,507 |
| BUILDERS FIRSTSOURCE INC COM(BLDR) | 1,825 | 2,430 | +605 | 241,265 | 290,021 | 0.03% | +48,756 |
| MERCADOLIBRE INC COM(MELI) | 1 | 21 | +20 | 2,354 | 48,093 | 0.01% | +45,739 |
| HOME DEPOT INC COM(HD) | 1,225 | 1,350 | +125 | 475,116 | 520,763 | 0.06% | +45,647 |
| VANGUARD INFORMATION TECHNOLOGY ETF | 461 | 461 | 0 | 322,400 | 367,021 | 0.04% | +44,621 |
| WISDOMTREE EMERGING MARKETS HIGH DIVIDEND FUND(WT) | 126,142 | 125,969 | -173 | 5,816,414 | 5,860,082 | 0.62% | +43,668 |
| ISHARES SILVER TRUST(SLV) | 5,430 | 5,430 | 0 | 189,398 | 231,861 | 0.02% | +42,463 |
| VALERO ENERGY CORP COM(VLO) | 1,154 | 1,158 | +4 | 153,874 | 196,042 | 0.02% | +42,168 |
| CLEVELAND-CLIFFS INC NEW COM(CLF) | 9,850 | 9,550 | -300 | 94,166 | 134,560 | 0.01% | +40,394 |
| SOLVENTUM CORP COM SHS(SOLV) | 25 | 587 | +562 | 1,835 | 41,630 | 0.00% | +39,795 |
| ROCKET COS INC COM CL A(RKT) | 158 | 2,408 | +2,250 | 2,656 | 42,164 | 0.00% | +39,508 |
| THERMO FISHER SCIENTIFIC INC COM(TMO) | 405 | 405 | 0 | 186,592 | 225,840 | 0.02% | +39,248 |
| GOLDMAN SACHS GROUP INC COM(GS) | 533 | 533 | 0 | 384,437 | 422,184 | 0.04% | +37,747 |
| ISHARES GLOBAL CLEAN ENERGY ETF | 6,989 | 7,888 | +899 | 95,679 | 133,228 | 0.01% | +37,549 |
| VANGUARD GROWTH ETF | 847 | 847 | 0 | 388,892 | 425,253 | 0.05% | +36,361 |
| VANGUARD TOTAL WORLD STOCK ETF | 3,571 | 3,571 | 0 | 470,694 | 506,296 | 0.05% | +35,602 |
| SPDR GOLD SHARES(GLD) | 395 | 434 | +39 | 123,655 | 158,141 | 0.02% | +34,486 |
| CITIGROUP INC COM NEW(C) | 2,783 | 2,883 | +100 | 258,068 | 292,307 | 0.03% | +34,239 |
| STRATEGY INC CL A NEW(MSTR) | 0 | 120 | +120 | 0 | 34,157 | 0.00% | +34,157 |
| PROLOGIS INC. COM(PLD) | 1,600 | 1,600 | 0 | 169,088 | 201,152 | 0.02% | +32,064 |