# Elgethun Capital Management

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1638022. Source: https://holderbook.com/funds/1638022-elgethun-capital-management/

- Reported value: $717.8M
- Positions: 174
- Weight of the ten largest: 48.3%
- Filed: 2026-07-29

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 |
|---|---|---|---|---|---|
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $72.6M | 60,510 | 10.1% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $68.0M | 135,910 | 9.5% | 31 |
| FAIRFAX FINL HLDGS LTD SUB VTG | [FRFHF](https://holderbook.com/stocks/FRFHF/) | $41.9M | 25,417 | 5.8% | 14 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $36.2M | 472,684 | 5.0% | 15 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $30.5M | 368,546 | 4.3% | 15 |
| SCHWAB STRATEGIC TR | [FNDE](https://holderbook.com/stocks/FNDE/) | $22.1M | 556,068 | 3.1% | 31 |
| BOSTON OMAHA CORP | [BOC](https://holderbook.com/stocks/BOC/) | $19.9M | 1,461,947 | 2.8% | 27 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $19.9M | 719,235 | 2.8% | 31 |
| PATHWARD FINANCIAL INC | [CASH](https://holderbook.com/stocks/CASH/) | $18.3M | 210,540 | 2.6% | 30 |
| BANCORP INC DEL | [TBBK](https://holderbook.com/stocks/TBBK/) | $17.5M | 278,839 | 2.4% | 26 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $16.3M | 562,608 | 2.3% | 26 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $14.9M | 161,024 | 2.1% | 31 |
| VITESSE ENERGY INC | [VTS](https://holderbook.com/stocks/VTS/) | $14.8M | 938,964 | 2.1% | 13 |
| DREAM FINDERS HOMES INC | [DFH](https://holderbook.com/stocks/DFH/) | $14.1M | 819,406 | 2.0% | 19 |
| LIBERTY GLOBAL LTD | [LBTYK](https://holderbook.com/stocks/LBTYK/) | $13.7M | 1,242,756 | 1.9% | 11 |
| LIBERTY MEDIA CORP DEL | [FWONA](https://holderbook.com/stocks/FWONA/) | $13.6M | 155,327 | 1.9% | 12 |
| DRIVEN BRANDS HLDGS INC | [DRVN](https://holderbook.com/stocks/DRVN/) | $13.2M | 944,046 | 1.8% | 4 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $11.5M | 82,225 | 1.6% | 31 |
| ADVANCE AUTO PARTS INC | [AAP](https://holderbook.com/stocks/AAP/) | $11.0M | 177,210 | 1.5% | 5 |
| ALPS ETF TR | [AMLP](https://holderbook.com/stocks/AMLP/) | $10.2M | 196,637 | 1.4% | 24 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $10.2M | 27,304 | 1.4% | 31 |
| LULULEMON ATHLETICA INC | [LULU](https://holderbook.com/stocks/LULU/) | $9.9M | 86,396 | 1.4% | 1 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $9.7M | 39,970 | 1.4% | 25 |
| VANGUARD WORLD FD | [VDE](https://holderbook.com/stocks/VDE/) | $9.3M | 61,997 | 1.3% | 26 |
| ATLANTA BRAVES HLDGS INC | [BATRK](https://holderbook.com/stocks/BATRK/) | $8.8M | 169,818 | 1.2% | 12 |
| Crimson Wine Group Ltd | [CWGL](https://holderbook.com/stocks/CWGL/) | $8.6M | 1,956,931 | 1.2% | 31 |
| ALBERTSONS COMPANIES INC | [ACI](https://holderbook.com/stocks/ACI/) | $7.7M | 571,094 | 1.1% | 14 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $7.6M | 35,680 | 1.1% | 8 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $7.4M | 151,399 | 1.0% | 5 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $6.9M | 188,277 | 1.0% | 23 |
| Fairfax India Ho-Sub Com Sub Vtg Shs Isi | - | $6.6M | 363,232 | 0.9% | 14 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.8M | 28,875 | 0.8% | 25 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $5.7M | 16,815 | 0.8% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $5.4M | 22,865 | 0.8% | 31 |
| NVR INC | [NVR](https://holderbook.com/stocks/NVR/) | $4.9M | 723 | 0.7% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.7M | 16,182 | 0.7% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $4.5M | 6 | 0.6% | 7 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $4.4M | 79,827 | 0.6% | 21 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $4.3M | 10,457 | 0.6% | 31 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $3.9M | 35,515 | 0.5% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.6M | 10,203 | 0.5% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $3.6M | 10,148 | 0.5% | 31 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $3.6M | 104,946 | 0.5% | 4 |
| BLACKROCK MUN TARGET TERM TR | [BTT](https://holderbook.com/stocks/BTT/) | $3.1M | 137,301 | 0.4% | 8 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $2.8M | 80,853 | 0.4% | 23 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $2.8M | 24,330 | 0.4% | 31 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $2.3M | 77,853 | 0.3% | 31 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $2.0M | 5,294 | 0.3% | 7 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.9M | 14,495 | 0.3% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.8M | 5,565 | 0.3% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $1.8M | 3,732 | 0.2% | 15 |
| BERKLEY W R CORP | [WRB](https://holderbook.com/stocks/WRB/) | $1.7M | 24,071 | 0.2% | 31 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $1.7M | 34,921 | 0.2% | 12 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $1.6M | 27,584 | 0.2% | 31 |
| BRIDGEWATER BANCSHARES INC | [BWB](https://holderbook.com/stocks/BWB/) | $1.6M | 77,304 | 0.2% | 25 |
| CARMAX INC | [KMX](https://holderbook.com/stocks/KMX/) | $1.6M | 30,552 | 0.2% | 3 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.6M | 4,242 | 0.2% | 19 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.6M | 6,305 | 0.2% | 31 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $1.6M | 14,677 | 0.2% | 23 |
| STELLANTIS N.V | [STLA](https://holderbook.com/stocks/STLA/) | $1.5M | 264,437 | 0.2% | 22 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.5M | 1,395 | 0.2% | 22 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.4M | 4,148 | 0.2% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.4M | 5,565 | 0.2% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.3M | 3,571 | 0.2% | 31 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.2M | 4,129 | 0.2% | 31 |
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $1.2M | 6,916 | 0.2% | 1 |
| ARES CAPITAL CORP | [ARCC](https://holderbook.com/stocks/ARCC/) | $1.2M | 62,740 | 0.2% | 1 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $1.1M | 6,984 | 0.2% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.1M | 8,157 | 0.2% | 31 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $1.1M | 5,087 | 0.2% | 3 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.1M | 5,815 | 0.1% | 13 |
| BEST BUY INC | [BBY](https://holderbook.com/stocks/BBY/) | $1.1M | 13,860 | 0.1% | 2 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $1.0M | 17,632 | 0.1% | 7 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $993.4K | 10,286 | 0.1% | 15 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $988.7K | 5,965 | 0.1% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $976.6K | 1,304 | 0.1% | 26 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $960.1K | 3,552 | 0.1% | 31 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $957.7K | 11,118 | 0.1% | 3 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $949.2K | 9,138 | 0.1% | 31 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $903.2K | 12,676 | 0.1% | 6 |
| VISTRA CORP | [VST](https://holderbook.com/stocks/VST/) | $896.3K | 5,650 | 0.1% | 4 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $848.6K | 10,442 | 0.1% | 31 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $817.5K | 2,075 | 0.1% | 31 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $816.1K | 3,192 | 0.1% | 16 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $813.9K | 1,935 | 0.1% | 3 |
| DELTA AIR LINES INC | [DAL](https://holderbook.com/stocks/DAL/) | $809.9K | 8,647 | 0.1% | 2 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $790.4K | 685 | 0.1% | 3 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $790.0K | 1,360 | 0.1% | 13 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $780.6K | 689 | 0.1% | 15 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $776.2K | 5,297 | 0.1% | 13 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $708.5K | 980 | 0.1% | 13 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $661.2K | 4,884 | 0.1% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $652.7K | 950 | 0.1% | 13 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $651.6K | 12,154 | 0.1% | 31 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $612.8K | 2,266 | 0.1% | 12 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $584.7K | 3,700 | 0.1% | 6 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $570.8K | 7,500 | 0.1% | 4 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $536.0K | 3,839 | 0.1% | 31 |
| GREEN BRICK PARTNERS INC | [GRBK](https://holderbook.com/stocks/GRBK/) | $508.7K | 6,355 | 0.1% | 31 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $495.5K | 781 | 0.1% | 8 |

## 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 | +8.7% | +14.8% | -6.2% | 98% |
| Q1 2026 | -1.6% | -4.6% | +3.1% | 99% |
| Q4 2025 | +1.1% | +2.4% | -1.3% | 99% |
| Q3 2025 | +5.0% | +7.8% | -2.8% | 98% |
| Q2 2025 | +5.0% | +10.5% | -5.5% | 98% |
| Q1 2025 | +3.7% | -4.6% | +8.2% | 98% |
| Q4 2024 | -1.9% | +2.1% | -4.1% | 98% |
| Q3 2024 | +8.6% | +5.4% | +3.1% | 98% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $717.8M | 174 |
| Q1 2026 | $604.6M | 166 |
| Q4 2025 | $578.9M | 164 |
| Q3 2025 | $550.6M | 156 |
| Q2 2025 | $497.0M | 151 |
| Q1 2025 | $447.6M | 151 |
| Q4 2024 | $412.0M | 154 |
| Q3 2024 | $426.0M | 153 |
| Q2 2024 | $396.7M | 154 |
| Q1 2024 | $396.5M | 156 |
| Q4 2023 | $353.1M | 154 |
| Q3 2023 | $331.5M | 158 |