PECAUT & CO.
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q4 2025 ▲▼ | Q1 2026 ▲▼ | Change ▲▼ | Q4 2025 ▲▼ | Q1 2026 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD | 0 | 309,836 | +309,836 | 0 | 24,560,708 | 7.97% | +24,560,708 |
| SPDR INDEX SHS FDS ST STR PO EX ETF | 0 | 295,863 | +295,863 | 0 | 13,506,156 | 4.39% | +13,506,156 |
| LISTED FDS TR HORI KI INFL ETF | 52,153 | 149,401 | +97,248 | 2,318,740 | 7,777,829 | 2.53% | +5,459,089 |
| ISHARES INC MSCI EMRG CHN | 158,364 | 204,164 | +45,800 | 11,509,865 | 16,059,563 | 5.21% | +4,549,698 |
| TEXAS PACIFIC LAND CORPORATI(TPL) | 20,605 | 20,605 | 0 | 5,918,174 | 9,778,450 | 3.18% | +3,860,276 |
| STARBUCKS CORP(SBUX) | 0 | 20,700 | +20,700 | 0 | 1,854,513 | 0.60% | +1,854,513 |
| FIRST TR EXCHANGE TRADED FD RBA INDL ETF | 47,347 | 54,986 | +7,639 | 4,655,160 | 6,091,351 | 1.98% | +1,436,191 |
| COSTCO WHOLESALE CORPORATION(COST) | 7,037 | 7,127 | +90 | 6,067,914 | 7,101,277 | 2.31% | +1,033,363 |
| WATERBRIDGE INFRASTRUCTURE L(WBI) | 66,500 | 87,500 | +21,000 | 1,330,665 | 2,344,125 | 0.76% | +1,013,460 |
| FIRST TR EXCHANGE-TRADED FD NASDQ CLN EDGE | 49,231 | 49,962 | +731 | 7,533,399 | 8,172,815 | 2.65% | +639,416 |
| KNIFE RIVER CORP(KNF) | 50,790 | 50,790 | 0 | 3,573,077 | 4,147,004 | 1.35% | +573,927 |
| VANGUARD TAX-MANAGED FDS | 22,288 | 30,267 | +7,979 | 1,392,361 | 1,939,535 | 0.63% | +547,174 |
| J P MORGAN EXCHANGE TRADED F ULTRA SHT MUNCPL | 35,232 | 43,937 | +8,705 | 1,794,704 | 2,239,925 | 0.73% | +445,221 |
| CASEYS GEN STORES INC(CASY) | 2,625 | 2,600 | -25 | 1,450,864 | 1,892,436 | 0.61% | +441,572 |
| LANDBRIDGE COMPANY LLC(LB) | 15,992 | 15,893 | -99 | 783,458 | 1,097,413 | 0.36% | +313,955 |
| OR ROYALTIES INC.(OR) | 0 | 8,000 | +8,000 | 0 | 304,160 | 0.10% | +304,160 |
| BWX TECHNOLOGIES INC(BWXT) | 8,135 | 8,135 | 0 | 1,406,053 | 1,663,526 | 0.54% | +257,473 |
| WORLD GOLD TR(GLDM) | 21,381 | 22,252 | +871 | 1,825,296 | 2,062,538 | 0.67% | +237,242 |
| LSB INDS INC(LXU) | 38,500 | 36,500 | -2,000 | 327,250 | 543,850 | 0.18% | +216,600 |
| BUILDERS FIRSTSOURCE INC(BLDR) | 19,535 | 26,865 | +7,330 | 2,009,956 | 2,211,795 | 0.72% | +201,839 |
| WALMART INC(WMT) | 12,164 | 12,219 | +55 | 1,355,137 | 1,518,618 | 0.49% | +163,481 |
| NATURAL RESOURCE PARTNERS LP(NRP) | 7,800 | 8,075 | +275 | 814,320 | 977,075 | 0.32% | +162,755 |
| TIDEWATER INC NEW(TDW) | 12,500 | 9,500 | -3,000 | 631,375 | 793,725 | 0.26% | +162,350 |
| WHEATON PRECIOUS METALS CORP(WPM) | 11,550 | 11,550 | 0 | 1,357,356 | 1,513,166 | 0.49% | +155,810 |
| WHITE MTNS INS GROUP LTD COM | 1,167 | 1,172 | +5 | 2,425,061 | 2,574,837 | 0.84% | +149,776 |
| HAWAIIAN ELEC INDS INC MTN B(HE) | 40,000 | 40,000 | 0 | 492,000 | 593,600 | 0.19% | +101,600 |
| RENN FD INC | 86,066 | 93,099 | +7,033 | 221,190 | 305,366 | 0.10% | +84,176 |
| JOHNSON & JOHNSON(JNJ) | 2,222 | 2,150 | -72 | 459,843 | 525,546 | 0.17% | +65,703 |
| ISHARES TR ESG AW MSCI EAFE | 3,763 | 4,412 | +649 | 357,855 | 421,902 | 0.14% | +64,047 |
| VANGUARD INDEX FDS | 6,355 | 6,441 | +86 | 1,213,760 | 1,263,810 | 0.41% | +50,050 |
| UNION PAC CORP(UNP) | 4,382 | 4,381 | -1 | 1,013,738 | 1,062,918 | 0.35% | +49,180 |
| SPROTT ASSET MANAGEMENT LP(PHYS) | 8,700 | 8,700 | 0 | 287,274 | 308,328 | 0.10% | +21,054 |
| SPDR SERIES TRUST ST STR SP600 SML | 68,583 | 66,906 | -1,677 | 3,213,816 | 3,232,898 | 1.05% | +19,082 |
| VANGUARD INDEX FDS | 2,951 | 3,041 | +90 | 856,495 | 873,291 | 0.28% | +16,796 |
| SOURCE CAPITAL | 13,311 | 13,453 | +142 | 609,107 | 623,142 | 0.20% | +14,035 |
| CANADIAN NATL RY CO(CNI) | 2,684 | 2,684 | 0 | 265,313 | 275,835 | 0.09% | +10,522 |
| TRIPLE FLAG PRECIOUS METAL(TFPM) | 7,000 | 7,000 | 0 | 232,540 | 242,970 | 0.08% | +10,430 |
| VANGUARD INDEX FDS | 3,410 | 3,345 | -65 | 879,695 | 876,096 | 0.28% | -3,599 |
| ISHARES TR | 1,228 | 1,155 | -73 | 258,347 | 246,751 | 0.08% | -11,596 |
| STATE STR SPDR S&P 500 ETF T(SPY) | 390 | 389 | -1 | 266,197 | 253,234 | 0.08% | -12,963 |
| ISHARES TR ESG AWR MSCI USA | 1,960 | 1,900 | -60 | 292,060 | 268,659 | 0.09% | -23,401 |
| ISHARES TR | 573 | 573 | 0 | 271,093 | 244,268 | 0.08% | -26,825 |
| SPDR SERIES TRUST ST STR BLO 1 ETF | 36,570 | 36,071 | -499 | 3,341,771 | 3,305,525 | 1.07% | -36,246 |
| INTERCONTINENTAL EXCHANGE IN(ICE) | 17,302 | 17,291 | -11 | 2,802,242 | 2,719,587 | 0.88% | -82,655 |
| SPDR SERIES TRUST ST STR P400MID | 109,970 | 106,001 | -3,969 | 6,368,380 | 6,277,376 | 2.04% | -91,004 |
| NIKE INC(NKE) | 10,302 | 10,302 | 0 | 656,340 | 544,152 | 0.18% | -112,188 |
| UNITED RENTALS INC(URI) | 1,403 | 1,403 | 0 | 1,135,559 | 1,022,245 | 0.33% | -113,314 |
| LIBERTY MEDIA CORP DEL(FWONA) | 12,108 | 12,158 | +50 | 1,082,213 | 949,297 | 0.31% | -132,916 |
| FLOOR & DECOR HLDGS INC(FND) | 14,200 | 14,200 | 0 | 864,638 | 721,360 | 0.23% | -143,278 |
| SAN JUAN BASIN RTY TR | 30,000 | 0 | -30,000 | 168,600 | 0 | — | -168,600 |
| VANGUARD WORLD FD | 8,395 | 7,347 | -1,048 | 1,015,471 | 824,830 | 0.27% | -190,641 |
| LOWES COS INC(LOW) | 20,148 | 19,718 | -430 | 4,858,774 | 4,658,854 | 1.51% | -199,920 |
| RLI CORP(RLI) | 3,209 | 0 | -3,209 | 205,339 | 0 | — | -205,339 |
| ISHARES TR CYBERSECURITY | 4,581 | 0 | -4,581 | 220,420 | 0 | — | -220,420 |
| MESABI TR | 33,963 | 33,963 | 0 | 1,307,915 | 1,067,457 | 0.35% | -240,458 |
| CINCINNATI FINL CORP(CINF) | 1,653 | 0 | -1,653 | 269,968 | 0 | — | -269,968 |
| AUTONATION INC(AN) | 25,420 | 25,420 | 0 | 5,248,722 | 4,963,509 | 1.61% | -285,213 |
| VANGUARD INDEX FDS | 4,783 | 4,608 | -175 | 2,333,251 | 2,012,744 | 0.65% | -320,507 |
| AMERICAN EXPRESS CO(AXP) | 5,050 | 5,040 | -10 | 1,868,248 | 1,524,499 | 0.50% | -343,749 |
| BERKSHIRE HATHAWAY INC DEL | 10 | 10 | 0 | 7,548,000 | 7,181,400 | 2.33% | -366,600 |
| NVIDIA CORPORATION(NVDA) | 8,991 | 7,402 | -1,589 | 1,676,812 | 1,290,900 | 0.42% | -385,912 |
| ISHARES TR | 4,437 | 0 | -4,437 | 488,736 | 0 | — | -488,736 |
| VANGUARD SPECIALIZED FUNDS | 58,437 | 57,236 | -1,201 | 12,843,375 | 12,309,177 | 4.00% | -534,198 |
| SPDR SERIES TRUST ST STR P500VAL | 188,666 | 177,439 | -11,227 | 10,718,125 | 10,039,498 | 3.26% | -678,627 |
| APPLE INC(AAPL) | 37,598 | 36,337 | -1,261 | 10,221,521 | 9,221,955 | 2.99% | -999,566 |
| SPDR SERIES TRUST ST STR P500GRW | 154,790 | 156,240 | +1,450 | 16,516,135 | 15,297,505 | 4.97% | -1,218,630 |
| BERKSHIRE HATHAWAY INC DEL | 58,279 | 57,101 | -1,178 | 29,293,939 | 27,362,799 | 8.88% | -1,931,140 |
| MICROSOFT CORP(MSFT) | 10,699 | 8,336 | -2,363 | 5,174,104 | 3,085,798 | 1.00% | -2,088,306 |
| ALPHABET INC(GOOG) | 60,480 | 54,236 | -6,244 | 18,978,683 | 15,558,073 | 5.05% | -3,420,610 |
| ISHARES TR MSCI USA MIN ETF | 42,198 | 0 | -42,198 | 3,973,376 | 0 | — | -3,973,376 |
| FIRST TR EXCHANGE TRADED FD NASDAQ CYB ETF | 90,213 | 0 | -90,213 | 6,445,721 | 0 | — | -6,445,721 |
| ISHARES TR | 250,422 | 161,243 | -89,179 | 25,137,368 | 16,230,767 | 5.27% | -8,906,601 |
| SPDR INDEX SHS FDS ST STR PO EX ETF | 219,357 | 0 | -219,357 | 9,741,656 | 0 | — | -9,741,656 |
| SPDR SERIES TRUST ST STR BL 12 ETF | 461,402 | 256,061 | -205,341 | 45,780,259 | 25,462,684 | 8.27% | -20,317,575 |