# EagleClaw Capital Managment, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1607636. Source: https://holderbook.com/funds/1607636-eagleclaw-capital-managment-llc/

- Reported value: $745.4M
- Positions: 145
- Weight of the ten largest: 35.5%
- Filed: 2026-08-10

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 |
|---|---|---|---|---|---|
| TEXAS PACIFIC LAND CORPORATI | [TPL](https://holderbook.com/stocks/TPL/) | $67.2M | 153,629 | 9.0% | 22 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $36.7M | 183,401 | 4.9% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $27.3M | 94,398 | 3.7% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $26.9M | 78,978 | 3.6% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $19.4M | 18,255 | 2.6% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $18.5M | 52,222 | 2.5% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $18.1M | 71,774 | 2.4% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $17.3M | 52,906 | 2.3% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $16.7M | 39,233 | 2.2% | 31 |
| LANDBRIDGE COMPANY LLC | [LB](https://holderbook.com/stocks/LB/) | $16.7M | 210,805 | 2.2% | 8 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $16.6M | 147,484 | 2.2% | 31 |
| GRAYSCALE BITCOIN TRUST ETF | [GBTC](https://holderbook.com/stocks/GBTC/) | $16.3M | 358,216 | 2.2% | 10 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $16.0M | 390,091 | 2.1% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $15.8M | 44,769 | 2.1% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $14.9M | 28,635 | 2.0% | 14 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $14.3M | 14,575 | 1.9% | 18 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $11.9M | 40,732 | 1.6% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $11.8M | 31,573 | 1.6% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $11.7M | 48,936 | 1.6% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $10.9M | 65,781 | 1.5% | 31 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $10.7M | 60,210 | 1.4% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $10.0M | 66,140 | 1.3% | 21 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $9.9M | 47,679 | 1.3% | 25 |
| CACI INTL INC | [CACI](https://holderbook.com/stocks/CACI/) | $9.9M | 21,270 | 1.3% | 21 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $9.1M | 145,000 | 1.2% | 16 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $9.0M | 32,915 | 1.2% | 31 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $8.8M | 39,802 | 1.2% | 31 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $8.7M | 39,260 | 1.2% | 31 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $8.6M | 69,745 | 1.2% | 30 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $8.6M | 58,457 | 1.1% | 22 |
| GRAYSCALE BITCOIN MINI TR ET | [BTC](https://holderbook.com/stocks/BTC/) | $8.3M | 320,872 | 1.1% | 7 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $8.2M | 23,949 | 1.1% | 31 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $7.5M | 100,220 | 1.0% | 31 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $7.2M | 14,128 | 1.0% | 31 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $7.2M | 31,285 | 1.0% | 4 |
| WATERBRIDGE INFRASTRUCTURE L | [WBI](https://holderbook.com/stocks/WBI/) | $7.0M | 203,650 | 0.9% | 4 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $6.7M | 18,090 | 0.9% | 25 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $6.5M | 35,188 | 0.9% | 31 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $6.4M | 29,705 | 0.9% | 31 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $6.2M | 19,842 | 0.8% | 31 |
| HAWAIIAN ELEC INDS INC MTN B | [HE](https://holderbook.com/stocks/HE/) | $5.9M | 434,750 | 0.8% | 5 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $5.8M | 49,455 | 0.8% | 2 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $5.7M | 22,283 | 0.8% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $5.5M | 15,432 | 0.7% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $5.5M | 19,526 | 0.7% | 31 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $5.3M | 67,845 | 0.7% | 10 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $4.9M | 12,250 | 0.7% | 25 |
| LISTED FDS TR | [INFL](https://holderbook.com/stocks/INFL/) | $4.4M | 89,202 | 0.6% | 21 |
| RIO TINTO PLC | [RIO](https://holderbook.com/stocks/RIO/) | $4.4M | 46,860 | 0.6% | 20 |
| MESABI TR | [MSB](https://holderbook.com/stocks/MSB/) | $4.3M | 170,575 | 0.6% | 13 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $4.3M | 8,543 | 0.6% | 31 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $4.1M | 18,271 | 0.5% | 31 |
| MADISON SQUARE GRDN SPRT COR | [MSGS](https://holderbook.com/stocks/MSGS/) | $4.0M | 10,065 | 0.5% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $3.9M | 30,088 | 0.5% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $3.8M | 26,651 | 0.5% | 31 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $3.8M | 45,185 | 0.5% | 8 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $3.7M | 7,535 | 0.5% | 19 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $3.7M | 23,712 | 0.5% | 31 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $3.7M | 153,401 | 0.5% | 31 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $3.4M | 36,729 | 0.5% | 31 |
| MCCORMICK & CO INC | [MKC](https://holderbook.com/stocks/MKC/) | $3.3M | 66,430 | 0.4% | 31 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $3.2M | 8,732 | 0.4% | 31 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $3.1M | 63,650 | 0.4% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $2.7M | 5,479 | 0.4% | 31 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $2.6M | 12,285 | 0.4% | 20 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $2.5M | 23,543 | 0.3% | 31 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $2.5M | 23,802 | 0.3% | 21 |
| MGIC INVT CORP WIS | [MTG](https://holderbook.com/stocks/MTG/) | $2.4M | 84,950 | 0.3% | 31 |
| MIAMI INTL HLDGS INC | [MIAX](https://holderbook.com/stocks/MIAX/) | $2.1M | 57,800 | 0.3% | 1 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $2.1M | 1,772 | 0.3% | 19 |
| STRATEGY INC | [MSTR](https://holderbook.com/stocks/MSTR/) | $2.1M | 24,015 | 0.3% | 16 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.0M | 35,900 | 0.3% | 31 |
| SANOFI SA | [SNY](https://holderbook.com/stocks/SNY/) | $1.9M | 45,410 | 0.3% | 14 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $1.8M | 6,015 | 0.2% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $1.8M | 2,564 | 0.2% | 31 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $1.6M | 17,945 | 0.2% | 31 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $1.5M | 5,565 | 0.2% | 31 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $1.5M | 13,038 | 0.2% | 31 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $1.5M | 17,442 | 0.2% | 10 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $1.5M | 2,365 | 0.2% | 31 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $1.5M | 18,260 | 0.2% | 31 |
| CREDO TECHNOLOGY GROUP HOLDI | [CRDO](https://holderbook.com/stocks/CRDO/) | $1.5M | 5,385 | 0.2% | 2 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $1.4M | 24,691 | 0.2% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.4M | 10,167 | 0.2% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.4M | 1,837 | 0.2% | 31 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $1.3M | 5,999 | 0.2% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $1.3M | 5,999 | 0.2% | 1 |
| FEDEX FGHT HLDG CO INC | - | $1.3M | 8,594 | 0.2% | 1 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.3M | 15,879 | 0.2% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.2M | 8,447 | 0.2% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.1M | 8,230 | 0.2% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $974.2K | 7,195 | 0.1% | 31 |
| RAYONIER INC | [RYN](https://holderbook.com/stocks/RYN/) | $946.8K | 44,492 | 0.1% | 2 |
| LISTED FDS TR | [BCDF](https://holderbook.com/stocks/BCDF/) | $946.4K | 31,760 | 0.1% | 9 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $931.4K | 20,034 | 0.1% | 31 |
| CRISPR THERAPEUTICS AG | [CRSP](https://holderbook.com/stocks/CRSP/) | $929.9K | 17,050 | 0.1% | 1 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $924.5K | 11,990 | 0.1% | 31 |
| PERMIAN BASIN RTY TR | [PBT](https://holderbook.com/stocks/PBT/) | $916.5K | 36,600 | 0.1% | 14 |
| COSTAR GROUP INC | [CSGP](https://holderbook.com/stocks/CSGP/) | $913.3K | 32,250 | 0.1% | 31 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $865.4K | 6,850 | 0.1% | 31 |

## 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 | +4.2% | +14.8% | -10.6% | 100% |
| Q1 2026 | +2.7% | -4.6% | +7.4% | 100% |
| Q4 2025 | -2.4% | +2.4% | -4.8% | 100% |
| Q3 2025 | +4.7% | +7.8% | -3.2% | 100% |
| Q2 2025 | +6.0% | +10.5% | -4.5% | 100% |
| Q1 2025 | -1.2% | -4.6% | +3.4% | 100% |
| Q4 2024 | +8.2% | +2.1% | +6.0% | 100% |
| Q3 2024 | +7.1% | +5.4% | +1.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $745.4M | 145 |
| Q1 2026 | $714.1M | 145 |
| Q4 2025 | $691.2M | 144 |
| Q3 2025 | $714.9M | 146 |
| Q2 2025 | $669.6M | 144 |
| Q1 2025 | $635.9M | 144 |
| Q4 2024 | $630.8M | 139 |
| Q3 2024 | $597.8M | 138 |
| Q2 2024 | $555.8M | 134 |
| Q1 2024 | $552.1M | 135 |
| Q4 2023 | $480.1M | 127 |
| Q3 2023 | $440.4M | 123 |