# Centerstone Investors, LLC

> Institutional holdings reported to the SEC as of Q4 2025 on Form 13F. CIK 1766788. Source: https://holderbook.com/funds/1766788-centerstone-investors-llc/

- Reported value: $31.8M
- Positions: 22
- Weight of the ten largest: 74.7%
- Filed: 2026-01-30

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 |
|---|---|---|---|---|---|
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $6.5M | 16,495 | 20.5% | 29 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $5.2M | 36,984 | 16.4% | 4 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.5M | 3,713 | 8.0% | 3 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $2.5M | 13,027 | 7.8% | 1 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $1.4M | 6,611 | 4.3% | 23 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.3M | 3,000 | 4.2% | 4 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $1.2M | 9,077 | 3.8% | 11 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $1.1M | 8,426 | 3.5% | 29 |
| SOUTHERN COPPER CORP | [SCCO](https://holderbook.com/stocks/SCCO/) | $1.0M | 6,998 | 3.2% | 8 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $936.4K | 6,144 | 2.9% | 11 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $928.4K | 5,154 | 2.9% | 15 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $895.6K | 7,872 | 2.8% | 10 |
| CARLISLE COS INC | [CSL](https://holderbook.com/stocks/CSL/) | $841.9K | 2,632 | 2.6% | 29 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $762.1K | 8,355 | 2.4% | 29 |
| SCHEIN HENRY INC | [HSIC](https://holderbook.com/stocks/HSIC/) | $749.3K | 9,914 | 2.4% | 29 |
| WW GRAINGER INC | [GWW](https://holderbook.com/stocks/GWW/) | $675.1K | 669 | 2.1% | 29 |
| ENVISTA HOLDINGS CORPORATION | [NVST](https://holderbook.com/stocks/NVST/) | $659.9K | 30,397 | 2.1% | 9 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $654.7K | 2,142 | 2.1% | 29 |
| CORPAY INC | [CPAY](https://holderbook.com/stocks/CPAY/) | $646.1K | 2,147 | 2.0% | 8 |
| BAIDU INC | [BIDU](https://holderbook.com/stocks/BIDU/) | $447.0K | 3,421 | 1.4% | 8 |
| SCOTTS MIRACLE-GRO CO | [SMG](https://holderbook.com/stocks/SMG/) | $429.3K | 7,357 | 1.3% | 29 |
| CARMAX INC | [KMX](https://holderbook.com/stocks/KMX/) | $344.7K | 8,920 | 1.1% | 29 |

## 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 |
|---|---|---|---|---|
| Q4 2025 | +5.1% | +2.4% | +2.8% | 100% |
| Q3 2025 | +7.7% | +7.8% | -0.1% | 100% |
| Q2 2025 | +6.8% | +10.5% | -3.6% | 100% |
| Q1 2025 | +4.8% | -4.6% | +9.4% | 103% |
| Q4 2024 | -2.0% | +2.1% | -4.1% | 106% |
| Q3 2024 | +7.8% | +5.4% | +2.4% | 111% |
| Q2 2024 | -8.5% | +4.0% | -12.5% | 110% |
| Q1 2024 | +9.5% | +10.0% | -0.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2025 | $31.8M | 22 |
| Q3 2025 | $28.1M | 21 |
| Q2 2025 | $24.4M | 22 |
| Q1 2025 | $42.2M | 22 |
| Q4 2024 | $106.8M | 28 |
| Q3 2024 | $103.0M | 26 |
| Q2 2024 | $120.0M | 29 |
| Q1 2024 | $129.5M | 30 |
| Q4 2023 | $97.6M | 24 |
| Q3 2023 | $97.9M | 25 |
| Q2 2023 | $100.4M | 24 |
| Q1 2023 | $85.1M | 24 |