PECAUT & CO.
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| SPDR SERIES TRUST | 0 | 461,402 | +461,402 | 0 | 45,780,259 | +45,780,259 |
| SPDR SERIES TRUST | 0 | 154,790 | +154,790 | 0 | 16,516,135 | +16,516,135 |
| SPDR SERIES TRUST | 0 | 188,666 | +188,666 | 0 | 10,718,125 | +10,718,125 |
| SPDR SERIES TRUST | 0 | 109,970 | +109,970 | 0 | 6,368,380 | +6,368,380 |
| ALPHABET INC | 62,536 | 60,480 | -2,056 | 15,230,538 | 18,978,683 | +3,748,145 |
| SPDR SERIES TRUST | 0 | 36,570 | +36,570 | 0 | 3,341,771 | +3,341,771 |
| SPDR SERIES TRUST | 0 | 68,583 | +68,583 | 0 | 3,213,816 | +3,213,816 |
| ISHARES INC | 148,502 | 158,364 | +9,862 | 10,025,396 | 11,509,865 | +1,484,469 |
| SPDR INDEX SHS FDS | 203,460 | 219,357 | +15,897 | 8,706,049 | 9,741,656 | +1,035,607 |
| APPLE INC | 36,294 | 37,598 | +1,304 | 9,241,589 | 10,221,521 | +979,932 |
| ISHARES TR | 0 | 4,437 | +4,437 | 0 | 488,736 | +488,736 |
| WHITE MTNS INS GROUP LTD | 1,167 | 1,167 | 0 | 1,950,664 | 2,425,061 | +474,397 |
| VANGUARD SPECIALIZED FUNDS | 57,671 | 58,437 | +766 | 12,444,775 | 12,843,375 | +398,600 |
| MESABI TR | 33,963 | 33,963 | 0 | 980,851 | 1,307,915 | +327,064 |
| WORLD GOLD TR | 20,963 | 21,381 | +418 | 1,602,621 | 1,825,296 | +222,675 |
| AMERICAN EXPRESS CO | 5,050 | 5,050 | 0 | 1,677,408 | 1,868,248 | +190,840 |
| LISTED FDS TR | 48,150 | 52,153 | +4,003 | 2,152,064 | 2,318,740 | +166,676 |
| CASEYS GEN STORES INC | 2,325 | 2,625 | +300 | 1,314,369 | 1,450,864 | +136,495 |
| MICROSOFT CORP | 9,745 | 10,699 | +954 | 5,047,308 | 5,174,104 | +126,796 |
| VANGUARD TAX-MANAGED FDS | 21,172 | 22,288 | +1,116 | 1,268,645 | 1,392,361 | +123,716 |
| FIRST TR EXCHANGE TRADED FD | 49,252 | 49,231 | -21 | 7,440,965 | 7,533,399 | +92,434 |
| VANGUARD WORLD FD | 7,809 | 8,395 | +586 | 924,954 | 1,015,471 | +90,517 |
| ISHARES TR | 1,478 | 1,960 | +482 | 215,166 | 292,060 | +76,894 |
| WHEATON PRECIOUS METALS CORP | 11,550 | 11,550 | 0 | 1,291,752 | 1,357,356 | +65,604 |
| ISHARES TR | 41,152 | 42,198 | +1,046 | 3,915,193 | 3,973,376 | +58,183 |
| WALMART INC | 12,614 | 12,164 | -450 | 1,299,948 | 1,355,137 | +55,189 |
| HAWAIIAN ELEC INDUSTRIES | 40,000 | 40,000 | 0 | 441,600 | 492,000 | +50,400 |
| JOHNSON & JOHNSON | 2,239 | 2,222 | -17 | 415,123 | 459,843 | +44,720 |
| VANGUARD INDEX FDS | 6,272 | 6,355 | +83 | 1,169,609 | 1,213,760 | +44,151 |
| VANGUARD INDEX FDS | 4,789 | 4,783 | -6 | 2,296,948 | 2,333,251 | +36,303 |
| SPROTT ASSET MANAGEMENT LP | 8,700 | 8,700 | 0 | 257,694 | 287,274 | +29,580 |
| ISHARES TR | 3,542 | 3,763 | +221 | 329,350 | 357,855 | +28,505 |
| TRIPLE FLAG PRECIOUS METAL | 7,000 | 7,000 | 0 | 204,820 | 232,540 | +27,720 |
| LSB INDS INC | 38,500 | 38,500 | 0 | 303,380 | 327,250 | +23,870 |
| FIRST TR EXCHANGE TRADED FD | 47,914 | 47,347 | -567 | 4,632,283 | 4,655,160 | +22,877 |
| SOURCE CAPITAL | 13,165 | 13,311 | +146 | 592,682 | 609,107 | +16,425 |
| VANGUARD INDEX FDS | 2,868 | 2,951 | +83 | 842,312 | 856,495 | +14,183 |
| CANADIAN NATL RY CO | 2,684 | 2,684 | 0 | 253,101 | 265,313 | +12,212 |
| CINCINNATI FINL CORP | 1,653 | 1,653 | 0 | 261,339 | 269,968 | +8,629 |
| ISHARES TR | 1,231 | 1,228 | -3 | 250,668 | 258,347 | +7,679 |
| VANGUARD INDEX FDS | 3,434 | 3,410 | -24 | 873,150 | 879,695 | +6,545 |
| J P MORGAN EXCHANGE TRADED F | 35,117 | 35,232 | +115 | 1,792,386 | 1,794,704 | +2,318 |
| RENN FD INC | 86,050 | 86,066 | +16 | 219,436 | 221,190 | +1,754 |
| ISHARES TR | 576 | 573 | -3 | 269,652 | 271,093 | +1,441 |
| NATURAL RESOURCE PARTNERS L | 7,800 | 7,800 | 0 | 819,000 | 814,320 | -4,680 |
| SAN JUAN BASIN RTY TR | 30,000 | 30,000 | 0 | 181,200 | 168,600 | -12,600 |
| SPDR S&P 500 ETF TR | 425 | 390 | -35 | 283,315 | 266,197 | -17,118 |
| ISHARES TR | 4,580 | 4,581 | +1 | 239,685 | 220,420 | -19,265 |
| TIDEWATER INC NEW | 12,500 | 12,500 | 0 | 666,625 | 631,375 | -35,250 |
| UNION PAC CORP | 4,468 | 4,382 | -86 | 1,056,153 | 1,013,738 | -42,415 |
| RLI CORP | 3,984 | 3,209 | -775 | 259,832 | 205,339 | -54,493 |
| LANDBRIDGE COMPANY LLC | 15,991 | 15,992 | +1 | 853,136 | 783,458 | -69,678 |
| LIBERTY MEDIA CORP DEL | 12,108 | 12,108 | 0 | 1,152,924 | 1,082,213 | -70,711 |
| ISHARES TR | 250,441 | 250,422 | -19 | 25,219,370 | 25,137,368 | -82,002 |
| NIKE INC | 10,602 | 10,302 | -300 | 739,277 | 656,340 | -82,937 |
| BWX TECHNOLOGIES INC | 8,135 | 8,135 | 0 | 1,499,850 | 1,406,053 | -93,797 |
| LOWES COS INC | 19,898 | 20,148 | +250 | 5,000,444 | 4,858,774 | -141,670 |
| UNITED RENTALS INC | 1,403 | 1,403 | 0 | 1,339,486 | 1,135,559 | -203,927 |
| AUTOMATIC DATA PROCESSING IN | 700 | 0 | -700 | 205,450 | 0 | -205,450 |
| PROGRESSIVE CORP | 900 | 0 | -900 | 222,255 | 0 | -222,255 |
| SCHLUMBERGER LTD | 6,500 | 0 | -6,500 | 223,405 | 0 | -223,405 |
| BOSTON OMAHA CORP | 17,400 | 0 | -17,400 | 227,592 | 0 | -227,592 |
| OCCIDENTAL PETE CORP | 10,507 | 0 | -10,507 | 267,929 | 0 | -267,929 |
| INTERCONTINENTAL EXCHANGE IN | 18,500 | 17,302 | -1,198 | 3,116,880 | 2,802,242 | -314,638 |
| AUTONATION INC | 25,470 | 25,420 | -50 | 5,572,072 | 5,248,722 | -323,350 |
| FIRST TR EXCHANGE TRADED FD | 89,255 | 90,213 | +958 | 6,784,307 | 6,445,721 | -338,586 |
| WATERBRIDGE INFRASTRUCTURE L | 66,500 | 66,500 | 0 | 1,677,130 | 1,330,665 | -346,465 |
| TESLA INC | 829 | 0 | -829 | 368,673 | 0 | -368,673 |
| BUILDERS FIRSTSOURCE INC | 19,835 | 19,535 | -300 | 2,404,994 | 2,009,956 | -395,038 |
| COSTCO WHSL CORP NEW | 7,086 | 7,037 | -49 | 6,559,432 | 6,067,914 | -491,518 |
| TEXAS PACIFIC LAND CORPORATI | 6,869 | 20,605 | +13,736 | 6,413,045 | 5,918,174 | -494,871 |
| ISHARES TR | 4,703 | 0 | -4,703 | 519,634 | 0 | -519,634 |
| KNIFE RIVER CORP | 53,290 | 50,790 | -2,500 | 4,096,402 | 3,573,077 | -523,325 |
| CARMAX INC | 13,050 | 0 | -13,050 | 585,554 | 0 | -585,554 |
| FLOOR & DECOR HLDGS INC | 22,900 | 14,200 | -8,700 | 1,687,730 | 864,638 | -823,092 |
| PVH CORPORATION | 12,600 | 0 | -12,600 | 1,055,502 | 0 | -1,055,502 |
| BERKSHIRE HATHAWAY INC DEL | 12 | 10 | -2 | 9,050,400 | 7,548,000 | -1,502,400 |
| BERKSHIRE HATHAWAY INC DEL | 61,653 | 58,279 | -3,374 | 30,995,429 | 29,293,939 | -1,701,490 |
| NVIDIA CORPORATION | 20,072 | 8,991 | -11,081 | 3,745,021 | 1,676,812 | -2,068,209 |
| ORACLE CORP | 7,378 | 0 | -7,378 | 2,074,878 | 0 | -2,074,878 |
| SPDR SERIES TRUST | 25,889 | 0 | -25,889 | 2,375,284 | 0 | -2,375,284 |
| SPDR SERIES TRUST | 69,583 | 0 | -69,583 | 3,223,072 | 0 | -3,223,072 |
| SPDR SERIES TRUST | 110,977 | 0 | -110,977 | 6,346,796 | 0 | -6,346,796 |
| SPDR SERIES TRUST | 184,630 | 0 | -184,630 | 10,215,553 | 0 | -10,215,553 |
| SPDR SERIES TRUST | 160,508 | 0 | -160,508 | 16,774,639 | 0 | -16,774,639 |
| SPDR SERIES TRUST | 432,546 | 0 | -432,546 | 43,046,945 | 0 | -43,046,945 |