# AVENIR CORP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1033475. Source: https://holderbook.com/funds/1033475-avenir-corp/

- Reported value: $820.7M
- Positions: 79
- Weight of the ten largest: 73.4%
- Filed: 2026-08-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $89.4M | 239,602 | 10.9% | 31 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $86.4M | 44,214 | 10.5% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $85.9M | 360,572 | 10.5% | 31 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $67.3M | 731,153 | 8.2% | 31 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $66.6M | 407,116 | 8.1% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $62.3M | 215,158 | 7.6% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $53.6M | 107,115 | 6.5% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $32.8M | 63,770 | 4.0% | 31 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $30.5M | 1,081,123 | 3.7% | 31 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $27.8M | 135,581 | 3.4% | 5 |
| WAYSTAR HLDG CORP | [WAY](https://holderbook.com/stocks/WAY/) | $23.5M | 1,144,717 | 2.9% | 8 |
| UNIVERSAL DISPLAY CORP | [OLED](https://holderbook.com/stocks/OLED/) | $19.7M | 228,014 | 2.4% | 31 |
| BOK FINL CORP | [BOKF](https://holderbook.com/stocks/BOKF/) | $17.2M | 124,017 | 2.1% | 31 |
| AMENTUM HOLDINGS INC | [AMTM](https://holderbook.com/stocks/AMTM/) | $16.8M | 811,726 | 2.0% | 7 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $16.0M | 31,375 | 1.9% | 24 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $13.8M | 40,207 | 1.7% | 31 |
| ATOMERA INC | [ATOM](https://holderbook.com/stocks/ATOM/) | $12.8M | 1,468,660 | 1.6% | 31 |
| SBA COMMUNICATIONS CORP | [SBAC](https://holderbook.com/stocks/SBAC/) | $10.9M | 61,979 | 1.3% | 31 |
| MPLX LP | [MPLX](https://holderbook.com/stocks/MPLX/) | $10.4M | 185,366 | 1.3% | 31 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $8.6M | 450,367 | 1.0% | 31 |
| ENERGY RECOVERY INC | [ERII](https://holderbook.com/stocks/ERII/) | $6.3M | 693,886 | 0.8% | 31 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $4.6M | 145,135 | 0.6% | 31 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $4.6M | 125,478 | 0.6% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $4.5M | 6 | 0.5% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $3.9M | 10,975 | 0.5% | 16 |
| MOLINA HEALTHCARE INC | [MOH](https://holderbook.com/stocks/MOH/) | $3.3M | 14,356 | 0.4% | 2 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $2.9M | 2,741 | 0.3% | 31 |
| COHERENT CORP | [COHR](https://holderbook.com/stocks/COHR/) | $2.2M | 5,681 | 0.3% | 8 |
| STARWOOD PPTY TR INC | [STWD](https://holderbook.com/stocks/STWD/) | $2.2M | 134,478 | 0.3% | 31 |
| AXOS FINANCIAL INC | [AX](https://holderbook.com/stocks/AX/) | $2.0M | 20,790 | 0.2% | 11 |
| CYTOSORBENTS CORP | [CTSO](https://holderbook.com/stocks/CTSO/) | $1.9M | 5,189,218 | 0.2% | 31 |
| SPROTT ASSET MANAGEMENT LP | [PHYS](https://holderbook.com/stocks/PHYS/) | $1.8M | 60,310 | 0.2% | 31 |
| ADAPTIVE BIOTECHNOLOGIES COR | [ADPT](https://holderbook.com/stocks/ADPT/) | $1.6M | 74,865 | 0.2% | 25 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.6M | 11,393 | 0.2% | 15 |
| AMERICAN INTL GROUP INC | [AIG](https://holderbook.com/stocks/AIG/) | $1.5M | 20,180 | 0.2% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.4M | 24,690 | 0.2% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $1.3M | 1,930 | 0.2% | 27 |
| BRIGHTSPIRE CAPITAL INC | [BRSP](https://holderbook.com/stocks/BRSP/) | $1.2M | 221,900 | 0.1% | 21 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.1M | 8,345 | 0.1% | 22 |
| LAMAR ADVERTISING CO | [LAMR](https://holderbook.com/stocks/LAMR/) | $1.1M | 6,780 | 0.1% | 5 |
| BLACK STONE MINERALS L P | [BSM](https://holderbook.com/stocks/BSM/) | $1.0M | 73,900 | 0.1% | 11 |
| DOLLAR TREE INC | [DLTR](https://holderbook.com/stocks/DLTR/) | $970.0K | 8,020 | 0.1% | 31 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $958.3K | 22,500 | 0.1% | 15 |
| PRIVIA HEALTH GROUP INC | [PRVA](https://holderbook.com/stocks/PRVA/) | $945.4K | 36,745 | 0.1% | 19 |
| BROOKFIELD INFRASTRUCTURE PA | [BIP](https://holderbook.com/stocks/BIP/) | $841.9K | 23,071 | 0.1% | 31 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $778.8K | 2,114 | 0.1% | 31 |
| GLADSTONE COMMERCIAL CORP | [GOOD](https://holderbook.com/stocks/GOOD/) | $773.4K | 62,878 | 0.1% | 31 |
| NEWTEKONE INC | [NEWT](https://holderbook.com/stocks/NEWT/) | $604.2K | 40,800 | 0.1% | 22 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $587.1K | 3,456 | 0.1% | 6 |
| CARMAX INC | [KMX](https://holderbook.com/stocks/KMX/) | $582.8K | 11,020 | 0.1% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $551.4K | 3,513 | 0.1% | 1 |
| VIRGINIA NATL BK CHRLOTSVLE | [VABK](https://holderbook.com/stocks/VABK/) | $479.3K | 10,800 | 0.1% | 21 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $467.7K | 500 | 0.1% | 21 |
| DOMINOS PIZZA INC | [DPZ](https://holderbook.com/stocks/DPZ/) | $462.1K | 1,561 | 0.1% | 1 |
| OPTIMIZERX CORP | [OPRX](https://holderbook.com/stocks/OPRX/) | $422.5K | 73,860 | 0.1% | 31 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $404.2K | 4,084 | 0.0% | 1 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $396.5K | 3,501 | 0.0% | 10 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $394.3K | 1,357 | 0.0% | 20 |
| ENOVIX CORPORATION | [ENVX](https://holderbook.com/stocks/ENVX/) | $381.4K | 62,828 | 0.0% | 15 |
| TARGA RES CORP | [TRGP](https://holderbook.com/stocks/TRGP/) | $381.0K | 1,421 | 0.0% | 9 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $367.9K | 1,462 | 0.0% | 12 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $345.7K | 925 | 0.0% | 5 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $326.5K | 436 | 0.0% | 1 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $318.6K | 1,679 | 0.0% | 6 |
| MAGNITE INC | [MGNI](https://holderbook.com/stocks/MGNI/) | $317.3K | 16,715 | 0.0% | 2 |
| CCC INTELLIGENT SOLUTIONS HL | [CCC](https://holderbook.com/stocks/CCC/) | $314.5K | 60,957 | 0.0% | 10 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $311.7K | 1,266 | 0.0% | 8 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $303.7K | 704 | 0.0% | 1 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $271.4K | 231 | 0.0% | 2 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $266.2K | 250 | 0.0% | 1 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $251.1K | 2,609 | 0.0% | 27 |
|  | - | $228.8K | 537 | 0.0% | 1 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $227.2K | 3,000 | 0.0% | 11 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $215.5K | 3,975 | 0.0% | 2 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $213.6K | 1,477 | 0.0% | 1 |
| SIRIUSXM HOLDINGS INC | [SIRI](https://holderbook.com/stocks/SIRI/) | $206.8K | 7,000 | 0.0% | 1 |
| INSULET CORP | [PODD](https://holderbook.com/stocks/PODD/) | $204.8K | 1,345 | 0.0% | 2 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $204.3K | 805 | 0.0% | 1 |
| TRIPLEPOINT VENTURE GROWTH B | [TPVG](https://holderbook.com/stocks/TPVG/) | $54.0K | 11,000 | 0.0% | 7 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +1.5% | +14.8% | -13.3% | 100% |
| Q1 2026 | -9.4% | -4.6% | -4.7% | 100% |
| Q4 2025 | -2.6% | +2.4% | -5.0% | 100% |
| Q3 2025 | +0.6% | +7.8% | -7.3% | 100% |
| Q2 2025 | +3.4% | +10.5% | -7.1% | 100% |
| Q1 2025 | -0.6% | -4.6% | +4.0% | 100% |
| Q4 2024 | +0.5% | +2.1% | -1.6% | 100% |
| Q3 2024 | +5.5% | +5.4% | +0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $820.7M | 79 |
| Q1 2026 | $820.5M | 72 |
| Q4 2025 | $921.7M | 71 |
| Q3 2025 | $960.1M | 73 |
| Q2 2025 | $972.9M | 74 |
| Q1 2025 | $953.0M | 70 |
| Q4 2024 | $976.8M | 69 |
| Q3 2024 | $991.7M | 66 |
| Q2 2024 | $1.0B | 67 |
| Q1 2024 | $1.2B | 66 |
| Q4 2023 | $1.2B | 62 |
| Q3 2023 | $1.1B | 60 |