PECAUT & CO.
Sector Allocation
- Other60.6%$198.8M
- Financials16.7%$54.7M
- Technology10.2%$33.6M
- Consumer Discretionary4.1%$13.5M
- Consumer Staples2.4%$8.0M
- Industrials2.3%$7.6M
- Materials1.9%$6.1M
- Energy1.1%$3.8M
- Communication Services0.3%$1.1M
- Utilities0.2%$558,789
AUM History
13fpro.ai/research/fund/pecaut-and-co-1597200
Conviction and streaks
Concentrating · top 10 = 59.2%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
BRK.B
$29.3M- SPDR$25.8M
- VANGUARD$25.0M
- ISHARES$20.7M
GOOG
$18.7M- SPDR$18.5M
- ISHARES$16.4M
- SPDR$15.0M
- VANGUARD$13.6M
- SPDR$11.3M
AAPL
$10.3M- FIRST$9.5M
TPL
$9.0M- LISTED$7.6M
- FIRST$7.3M
- SPDR$7.1M
COST
$6.6MBRK.A
$6.0MAN
$4.4MKNF
$4.2M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/pecaut-and-co-1597200
PECAUT & CO. 13F holdings — Q2 2026
$328.2M portfolio (+6.6% QoQ) · 65 holdings · Q2 2026 13F · top 10 are 59% of the stock portfolio
$29.3M
8.9% of stocks
+2%This quarter—Since filed10+ qtrsHeld- 2
SPDR SERIES TRUST - ST STR BL 12 ETF
$25.8M
7.9% of stocks
+1%This quarter—Since filed—HeldAIQuality—Est. buy— - 3
VANGUARD SCOTTSDALE FDS - SHRT TRM CORP BD
$25.0M
7.6% of stocks
+2%This quarter—Since filed—HeldAIQuality—Est. buy— - 4
ISHARES INC - MSCI EMRG CHN
$20.7M
6.3% of stocks
-1%This quarter—Since filed—HeldAIQuality—Est. buy— $18.7M
5.7% of stocks
-2%This quarter-15.7%Since filed10+ qtrsHeld- 6
SPDR SERIES TRUST - ST STR P500GRW
$18.5M
5.7% of stocks
-0.2%This quarter—Since filed—HeldAIQuality—Est. buy— - 7
ISHARES TR - 0-3 MTH TREASURY
$16.4M
5.0% of stocks
+1%This quarter—Since filed—HeldAIQuality—Est. buy— - 8
SPDR INDEX SHS FDS - ST STR PO EX ETF
$15.0M
4.6% of stocks
+0.9%This quarter—Since filed—HeldAIQuality—Est. buy— - 9
VANGUARD SPECIALIZED FUNDS - DIV APP ETF
$13.6M
4.2% of stocks
+0.7%This quarter—Since filed—HeldAIQuality—Est. buy— - 10
SPDR SERIES TRUST - ST STR P500VAL
$11.3M
3.4% of stocks
+4%This quarter—Since filed—HeldAIQuality—Est. buy—
| # | Company | Value | Weight | This quarter | Since filed | Held | AI quality | Est. buy | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | $29.3M | 8.9% | +2% | — | 10+ qtrs | 73.5#124 | Estimated buy price is Pro: unlock with a free trial | ||
| 2 | SPDR SERIES TRUST - ST STR BL 12 ETF | $25.8M | 7.9% | +1% | — | — | — | — | |
| 3 | VANGUARD SCOTTSDALE FDS - SHRT TRM CORP BD | $25.0M | 7.6% | +2% | — | — | — | — | |
| 4 | ISHARES INC - MSCI EMRG CHN | $20.7M | 6.3% | -1% | — | — | — | — | |
| 5 | $18.7M | 5.7% | -2% | -15.7% | 10+ qtrsTrimmed 9 qtrs in a row | 77.7#61 | Estimated buy price is Pro: unlock with a free trial | ||
| 6 | SPDR SERIES TRUST - ST STR P500GRW | $18.5M | 5.7% | -0.2% | — | — | — | — | |
| 7 | ISHARES TR - 0-3 MTH TREASURY | $16.4M | 5.0% | +1% | — | — | — | — | |
| 8 | SPDR INDEX SHS FDS - ST STR PO EX ETF | $15.0M | 4.6% | +0.9% | — | — | — | — | |
| 9 | VANGUARD SPECIALIZED FUNDS - DIV APP ETF | $13.6M | 4.2% | +0.7% | — | — | — | — | |
| 10 | SPDR SERIES TRUST - ST STR P500VAL | $11.3M | 3.4% | +4% | — | — | — | — |
All holdings — PECAUT & CO. (Q2 2026)
65 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | Apple Inc. | Technology | $10.3M | 3.1% | 36K | -2% | 10+ qtrsTrimmed 2 qtrs in a row | 75.7 | 13F | |
| 12 | — | FIRST TR EXCHANGE-TRADED FD - NASDQ CLN EDGE | — | $9.5M | 2.9% | 49K | -1% | — | — | 13F |
| 13 | Texas Pacific Land Corp | Financials | $9.0M | 2.7% | 21K | -0.2% | 10+ qtrs | 72.7 | 13F | |
| 14 | — | LISTED FDS TR - HORI KI INFL ETFetf/fund | — | $7.6M | 2.3% | 153K | +2% | — | — | 13F |
| 15 | — | FIRST TR EXCHANGE TRADED FD - RBA INDL ETFetf/fund | — | $7.3M | 2.2% | 55K | -0.2% | — | — | 13F |
| 16 | — | SPDR SERIES TRUST - ST STR P400MIDetf/fund | — | $7.1M | 2.2% | 105K | -0.5% | — | — | 13F |
| 17 | COSTCO WHOLESALE CORP /NEW | Consumer Staples | $6.6M | 2.0% | 7,077 | -0.7% | 10+ qtrs | 63.8 | 13F | |
| 18 | BERKSHIRE HATHAWAY INC | Financials | $6.0M | 1.8% | 8 | -20% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | AUTONATION, INC. | Consumer Discretionary | $4.4M | 1.3% | 24K | -7% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | Knife River Corp | Materials | $4.2M | 1.3% | 50K | -1% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | LOWES COMPANIES INC | Consumer Discretionary | $4.1M | 1.3% | 19K | -6% | 10+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | — | SPDR SERIES TRUST - ST STR SP600 SMLetf/fund | — | $3.8M | 1.2% | 66K | -1% | — | — | 13F |
| 23 | — | SPDR SERIES TRUST - ST STR BLO 1 ETFetf/fund | — | $3.5M | 1.1% | 38K | +6% | — | — | 13F |
| 24 | MICROSOFT CORP | Technology | $3.1M | 0.9% | 8,301 | -0.4% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | WaterBridge Infrastructure LLC | Energy | $3.0M | 0.9% | 87K | -0.6% | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $BLDR | Builders FirstSource, Inc. | Industrials | $2.4M | 0.7% | 27K | — | |||
| 27 | $WTM | WHITE MOUNTAINS INSURANCE GROUP LTD | Financials | $2.4M | 0.7% | 1,142 | -3% | |||
| 28 | — | VANGUARD INDEX FDS - GROWTH ETF | — | $2.4M | 0.7% | 27K | +495% | |||
| 29 | — | VANGUARD TAX-MANAGED FDS - VAN FTSE DEV MKT | — | $2.2M | 0.7% | 31K | +2% | |||
| 30 | — | J P MORGAN EXCHANGE TRADED F - ULTRA SHT MUNCPL | — | $2.1M | 0.7% | 42K | -5% | |||
| 31 | $SBUX | STARBUCKS CORP | Consumer Discretionary | $2.1M | 0.6% | 21K | — | |||
| 32 | $CASY | CASEYS GENERAL STORES INC | Consumer Discretionary | $2.1M | 0.6% | 2,600 | — | |||
| 33 | $ICE | Intercontinental Exchange, Inc. | Financials | $2.0M | 0.6% | 16K | -5% | |||
| 34 | $GLDM | World Gold Trust | Financials | $1.8M | 0.5% | 22K | +0.1% | |||
| 35 | $AXP | AMERICAN EXPRESS CO | Financials | $1.7M | 0.5% | 5,015 | -0.5% | |||
| 36 | $URI | UNITED RENTALS, INC. | Industrials | $1.6M | 0.5% | 1,403 | — | |||
| 37 | $BWXT | BWX Technologies, Inc. | Industrials | $1.5M | 0.5% | 7,935 | -2% | |||
| 38 | $NVDA | NVIDIA CORP | Technology | $1.5M | 0.5% | 7,391 | -0.1% | |||
| 39 | — | VANGUARD INDEX FDS - VALUE ETF | — | $1.4M | 0.4% | 6,454 | +0.2% | |||
| 40 | $WMT | Walmart Inc. | Consumer Staples | $1.4M | 0.4% | 12K | -0.8% | |||
| 41 | $WPM | Wheaton Precious Metals Corp. | Materials | $1.3M | 0.4% | 12K | — | |||
| 42 | $LB | LandBridge Corp | Financials | $1.3M | 0.4% | 16K | +0.0% | |||
| 43 | $UNP | UNION PACIFIC CORP | Industrials | $1.1M | 0.3% | 4,139 | -6% | |||
| 44 | $FWONA | Liberty Media Corp | Communication Services | $1.1M | 0.3% | 12K | — | |||
| 45 | — | VANGUARD INDEX FDS - SMALL CP ETF | — | $1.0M | 0.3% | 3,367 | +0.7% | |||
| 46 | — | VANGUARD INDEX FDS - MID CAP ETF | — | $994K | 0.3% | 12K | +306% | |||
| 47 | — | VANGUARD WORLD FD - ESG US STK ETF | — | $941K | 0.3% | 7,118 | -3% | |||
| 48 | $MSB | MESABI TRUST | Financials | $859K | 0.3% | 34K | — | |||
| 49 | $FND | Floor & Decor Holdings, Inc. | Consumer Discretionary | $813K | 0.3% | 14K | -4% | |||
| 50 | $NRP | NATURAL RESOURCE PARTNERS LP | Energy | $783K | 0.2% | 8,075 | — | |||
| 51 | $TDW | TIDEWATER INC | Industrials | $633K | 0.2% | 9,500 | — | |||
| 52 | $SOR | SOURCE CAPITAL /DE/ | Other | $625K | 0.2% | 14K | +1% | |||
| 53 | $HE | HAWAIIAN ELECTRIC INDUSTRIES INC | Utilities | $559K | 0.2% | 41K | +3% | |||
| 54 | $JNJ | JOHNSON & JOHNSON | Healthcare | $541K | 0.2% | 2,130 | -0.9% | |||
| 55 | — | ISHARES TR - ESG AW MSCI EAFE | — | $461K | 0.1% | 4,481 | +2% | |||
| 56 | $LXU | LSB INDUSTRIES, INC. | Materials | $395K | 0.1% | 37K | — | |||
| 57 | $CNI | CANADIAN NATIONAL RAILWAY CO | Industrials | $320K | 0.1% | 2,684 | — | |||
| 58 | — | ISHARES TR - ESG AWR MSCI USA | — | $308K | 0.1% | 1,879 | -1% | |||
| 59 | $SPY | SPDR S&P 500 ETF TRUST | — | $291K | 0.1% | 390 | +0.3% | |||
| 60 | — | ISHARES TR - RUS 1000 GRW ETF | — | $281K | 0.1% | 2,259 | +294% | |||
| 61 | — | ISHARES TR - RUS 1000 VAL ETF | — | $280K | 0.1% | 1,156 | +0.1% | |||
| 62 | $RCG | RENN Fund, Inc. | Other | $278K | 0.1% | 93K | — | |||
| 63 | $PHYS | Sprott Physical Gold Trust | Financials | $262K | 0.1% | 8,700 | — | |||
| 64 | $OR | OR Royalties Inc. | Materials | $253K | 0.1% | 8,000 | — | |||
| 65 | $TFPM | Triple Flag Precious Metals Corp. | Financials | $210K | 0.1% | 7,000 | — |
What changed in Q2 2026
Against the previous quarter's 13F: 0 new, 22 added to, 28 trimmed, 1 sold out. Share-count changes; largest moves by dollar size first.
New positions (0)
No new positions this quarter.
Added to (22)
- VANGUARD INDEX FDS - GROWTH ETF+495%
now $2.4M
- VANGUARD INDEX FDS - MID CAP ETF+306%
now $994K
now $29.3M · held 10+ qtrs
- VANGUARD SCOTTSDALE FDS - SHRT TRM CORP BD+2%
now $25.0M
- SPDR SERIES TRUST - ST STR P500VAL+4%
now $11.3M
- SPDR SERIES TRUST - ST STR BL 12 ETF+1%
now $25.8M
+16 more in the Excel export
Trimmed (28)
now $6.0M · held 10+ qtrs
now $18.7M · held 10+ qtrs, 9 trims in a row
now $4.4M · held 10+ qtrs
$LOWLOWES COMPANIES INC-6%
now $4.1M · held 10+ qtrs, 2 trims in a row
- ISHARES INC - MSCI EMRG CHN-1%
now $20.7M
now $10.3M · held 10+ qtrs, 2 trims in a row
+22 more in the Excel export
Sold out (1)
$NKENIKE, Inc.was $544K
held 7 qtrs
Holdings by quarter
Every 13F PECAUT & CO. has filed, 37 earlier quarters. Pick one to see what it held then.
Is it too late to follow PECAUT?
Q2 2026 13F filed with the SEC on Aug 3, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of PECAUT's top 20 holdings: 70/100 (our AI quality score, weighted by position size; 18 of the 20 are scored)
Top 10 since filing
-8.8%
Value-weighted move of the 10 largest stock positions
Turnover
1%
Last quarter; 25% over the last 4
Top 10 weight
59%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
98%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
PECAUT & CO. disclosed 65 positions worth $328.2M in its Form 13F-HR for Q2 2026, led by $BRK.B (BERKSHIRE HATHAWAY INC) at 8.9% of the equity portfolio. During the quarter the fund opened 0 new positions and exited 1 and a full exit from $NKE. The portfolio is most concentrated in Other (60.6% of disclosed assets). All figures are sourced directly from PECAUT & CO.’s Form 13F-HR filing with the SEC under CIK 1597200.
Funds like this
managers whose biggest positions overlap PECAUT'sBrowse Top Institutional Investors
13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.
to search all 8,700+ institutional filers.
AI-Powered Hedge Fund Analysis: PECAUT & CO.
13F Pro is an AI hedge fund tracker and stock research platform. For PECAUT & CO. (SEC CIK: 1597200), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in PECAUT & CO.'s portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.