# Lafayette Investments, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1308377. Source: https://holderbook.com/funds/1308377-lafayette-investments-inc/

- Reported value: $542.4M
- Positions: 162
- Weight of the ten largest: 46.5%
- Filed: 2026-08-11

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 |
|---|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $59.3M | 118,489 | 10.9% | 31 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $44.1M | 146,113 | 8.1% | 25 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $38.9M | 19,924 | 7.2% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $24.2M | 68,406 | 4.5% | 31 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $19.4M | 88,602 | 3.6% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $15.9M | 28,218 | 2.9% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $15.5M | 53,412 | 2.8% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $14.5M | 38,816 | 2.7% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $10.8M | 42,382 | 2.0% | 31 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $10.0M | 31,883 | 1.8% | 31 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $9.7M | 44,135 | 1.8% | 30 |
| PRICE T ROWE GROUP INC | [TROW](https://holderbook.com/stocks/TROW/) | $9.6M | 84,377 | 1.8% | 31 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $9.1M | 92,781 | 1.7% | 31 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $8.9M | 241,470 | 1.6% | 5 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $8.8M | 95,470 | 1.6% | 24 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $8.6M | 2,689 | 1.6% | 27 |
| LOEWS CORP | [L](https://holderbook.com/stocks/L/) | $8.1M | 71,544 | 1.5% | 31 |
| JEFFERIES FINANCIAL GROUP IN | [JEF](https://holderbook.com/stocks/JEF/) | $6.9M | 137,730 | 1.3% | 31 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $6.8M | 13,371 | 1.3% | 30 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $6.2M | 45,908 | 1.1% | 31 |
| PAYCOM SOFTWARE INC | [PAYC](https://holderbook.com/stocks/PAYC/) | $6.1M | 48,733 | 1.1% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $5.9M | 24,747 | 1.1% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $5.5M | 40,047 | 1.0% | 31 |
| MADISON SQUARE GRDN SPRT COR | [MSGS](https://holderbook.com/stocks/MSGS/) | $5.4M | 13,344 | 1.0% | 31 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $5.3M | 45,326 | 1.0% | 31 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $5.3M | 51,427 | 1.0% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $5.2M | 15,746 | 1.0% | 31 |
| LENNOX INTL INC | [LII](https://holderbook.com/stocks/LII/) | $5.1M | 8,929 | 0.9% | 18 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $5.1M | 62,738 | 0.9% | 31 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $4.9M | 5,054 | 0.9% | 31 |
| GRAHAM HLDGS CO | [GHC](https://holderbook.com/stocks/GHC/) | $4.8M | 4,244 | 0.9% | 31 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $4.7M | 2,387 | 0.9% | 12 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $4.5M | 4,792 | 0.8% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $3.9M | 13,078 | 0.7% | 16 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $3.6M | 21,444 | 0.7% | 7 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $3.5M | 73,499 | 0.6% | 21 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $3.5M | 13,729 | 0.6% | 31 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $3.3M | 34,699 | 0.6% | 31 |
| ESAB CORPORATION | [ESAB](https://holderbook.com/stocks/ESAB/) | $3.3M | 33,019 | 0.6% | 17 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $3.2M | 19,437 | 0.6% | 31 |
| ALLEGION PLC | [ALLE](https://holderbook.com/stocks/ALLE/) | $3.2M | 22,880 | 0.6% | 24 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.1M | 9,092 | 0.6% | 21 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $3.0M | 42,105 | 0.6% | 11 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $3.0M | 24,231 | 0.6% | 26 |
| MOHAWK INDS INC | [MHK](https://holderbook.com/stocks/MHK/) | $2.9M | 23,953 | 0.5% | 31 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $2.9M | 66,197 | 0.5% | 23 |
| DIAGEO PLC | [DEO](https://holderbook.com/stocks/DEO/) | $2.8M | 35,256 | 0.5% | 31 |
| CHECK POINT SOFTWARE TECH LT | [CHKP](https://holderbook.com/stocks/CHKP/) | $2.8M | 21,303 | 0.5% | 25 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.8M | 49,030 | 0.5% | 31 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $2.7M | 13,365 | 0.5% | 13 |
| SMITH A O CORP | [AOS](https://holderbook.com/stocks/AOS/) | $2.7M | 42,940 | 0.5% | 16 |
| CHIPOTLE MEXICAN GRILL INC | [CMG](https://holderbook.com/stocks/CMG/) | $2.6M | 77,057 | 0.5% | 3 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $2.4M | 6,359 | 0.4% | 14 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $2.4M | 15,090 | 0.4% | 4 |
| PROFESIONALLY MANAGED PORTFO | [AKRE](https://holderbook.com/stocks/AKRE/) | $2.3M | 43,823 | 0.4% | 3 |
| AON PLC | [AON](https://holderbook.com/stocks/AON/) | $2.2M | 6,780 | 0.4% | 23 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.2M | 5,754 | 0.4% | 12 |
| HASBRO INC | [HAS](https://holderbook.com/stocks/HAS/) | $2.2M | 26,087 | 0.4% | 31 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $2.1M | 2,770 | 0.4% | 8 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $2.1M | 12,436 | 0.4% | 31 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $1.9M | 47,469 | 0.4% | 26 |
| VANGUARD WHITEHALL FDS | [VIGI](https://holderbook.com/stocks/VIGI/) | $1.8M | 18,772 | 0.3% | 9 |
| BROWN FORMAN CORP | [BFB](https://holderbook.com/stocks/BFB/) | $1.5M | 56,539 | 0.3% | 9 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.5M | 5,514 | 0.3% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.4M | 7,221 | 0.3% | 14 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $1.4M | 4,232 | 0.3% | 10 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $1.4M | 8,165 | 0.3% | 24 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.3M | 3,539 | 0.2% | 10 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.3M | 3,630 | 0.2% | 13 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $1.3M | 4,492 | 0.2% | 31 |
| SEI INVTS CO | [SEIC](https://holderbook.com/stocks/SEIC/) | $1.3M | 14,256 | 0.2% | 29 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $1.2M | 6,540 | 0.2% | 25 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $1.2M | 6,935 | 0.2% | 10 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.2M | 1,151 | 0.2% | 21 |
| GSK PLC | [GSK](https://holderbook.com/stocks/GSK/) | $1.2M | 23,060 | 0.2% | 16 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.2M | 9,275 | 0.2% | 21 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $1.1M | 5,371 | 0.2% | 7 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $1.1M | 13,619 | 0.2% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.1M | 2,146 | 0.2% | 9 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $1.1M | 14,802 | 0.2% | 7 |
| FACTSET RESH SYS INC | [FDS](https://holderbook.com/stocks/FDS/) | $1.0M | 4,548 | 0.2% | 12 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $972.3K | 1,302 | 0.2% | 29 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $966.9K | 2,269 | 0.2% | 9 |
| OTIS WORLDWIDE CORP | [OTIS](https://holderbook.com/stocks/OTIS/) | $965.0K | 13,478 | 0.2% | 21 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $935.9K | 4,933 | 0.2% | 21 |
| AIRBNB INC | [ABNB](https://holderbook.com/stocks/ABNB/) | $855.3K | 5,977 | 0.2% | 6 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $845.8K | 1,722 | 0.2% | 24 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $825.8K | 3,164 | 0.2% | 11 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $771.8K | 1,895 | 0.1% | 11 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $751.9K | 2,041 | 0.1% | 26 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $748.9K | 1 | 0.1% | 6 |
| SCHWAB STRATEGIC TR | [FNDX](https://holderbook.com/stocks/FNDX/) | $736.3K | 23,675 | 0.1% | 16 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $703.9K | 3,143 | 0.1% | 23 |
| SCHWAB STRATEGIC TR | [SCHK](https://holderbook.com/stocks/SCHK/) | $703.6K | 19,512 | 0.1% | 2 |
| ALERUS FINL CORP | [ALRS](https://holderbook.com/stocks/ALRS/) | $681.1K | 21,900 | 0.1% | 28 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $661.1K | 9,188 | 0.1% | 31 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $637.7K | 15,061 | 0.1% | 24 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $637.1K | 1,719 | 0.1% | 11 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $610.0K | 1,722 | 0.1% | 22 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $557.9K | 12,000 | 0.1% | 16 |

## 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 | +10.8% | +14.8% | -4.0% | 100% |
| Q1 2026 | -5.0% | -4.6% | -0.3% | 100% |
| Q4 2025 | +1.1% | +2.4% | -1.3% | 100% |
| Q3 2025 | +5.5% | +7.8% | -2.3% | 100% |
| Q2 2025 | +3.6% | +10.5% | -6.8% | 100% |
| Q1 2025 | +1.5% | -4.6% | +6.1% | 100% |
| Q4 2024 | -0.6% | +2.1% | -2.7% | 100% |
| Q3 2024 | +9.1% | +5.4% | +3.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $542.4M | 162 |
| Q1 2026 | $493.9M | 158 |
| Q4 2025 | $529.1M | 156 |
| Q3 2025 | $522.2M | 156 |
| Q2 2025 | $494.8M | 151 |
| Q1 2025 | $472.8M | 146 |
| Q4 2024 | $466.6M | 149 |
| Q3 2024 | $474.3M | 146 |
| Q2 2024 | $439.8M | 142 |
| Q1 2024 | $445.1M | 141 |
| Q4 2023 | $402.4M | 135 |
| Q3 2023 | $367.0M | 128 |