# PYA Waltman Capital, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1800135. Source: https://holderbook.com/funds/1800135-pya-waltman-capital-llc/

- Reported value: $420.6M
- Positions: 67
- Weight of the ten largest: 58.7%
- Filed: 2026-08-14

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/) | $41.3M | 82,464 | 9.8% | 27 |
| T ROWE PRICE EXCHANGE-TRADED | [TCAF](https://holderbook.com/stocks/TCAF/) | $35.8M | 870,538 | 8.5% | 12 |
| POST HLDGS INC | [POST](https://holderbook.com/stocks/POST/) | $30.0M | 339,643 | 7.1% | 27 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $27.4M | 114,869 | 6.5% | 19 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $25.5M | 71,337 | 6.1% | 19 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $23.0M | 11,797 | 5.5% | 27 |
| HEICO CORP NEW | [HEIA](https://holderbook.com/stocks/HEIA/) | $18.0M | 69,745 | 4.3% | 27 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $16.4M | 86,039 | 3.9% | 13 |
| TRANSDIGM GROUP INC | [TDG](https://holderbook.com/stocks/TDG/) | $16.0M | 11,996 | 3.8% | 27 |
| S&P GLOBAL INC | - | $13.5M | 33,172 | 3.2% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $11.4M | 45,046 | 2.7% | 27 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $10.6M | 31,188 | 2.5% | 6 |
| SPROTT ASSET MANAGEMENT LP | [CEF](https://holderbook.com/stocks/CEF/) | $8.2M | 204,820 | 2.0% | 27 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $8.0M | 26,794 | 1.9% | 17 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $7.3M | 28,844 | 1.7% | 19 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $6.9M | 117,824 | 1.7% | 11 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $6.7M | 62,676 | 1.6% | 24 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $6.4M | 17,735 | 1.5% | 19 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $6.1M | 41,401 | 1.4% | 19 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $5.9M | 16,810 | 1.4% | 19 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $5.4M | 39,563 | 1.3% | 19 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $5.3M | 14,024 | 1.3% | 19 |
| ETSY INC | [ETSY](https://holderbook.com/stocks/ETSY/) | $5.1M | 68,185 | 1.2% | 21 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $4.6M | 19,318 | 1.1% | 18 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $4.3M | 13,235 | 1.0% | 23 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $4.1M | 11,650 | 1.0% | 17 |
| PRICE T ROWE GROUP INC | [TROW](https://holderbook.com/stocks/TROW/) | $4.0M | 35,516 | 1.0% | 17 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $3.9M | 7,654 | 0.9% | 18 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $3.9M | 23,470 | 0.9% | 18 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $3.8M | 5,203 | 0.9% | 19 |
| VAIL RESORTS INC | [MTN](https://holderbook.com/stocks/MTN/) | $3.8M | 27,733 | 0.9% | 27 |
| TOPBUILD COR | [BLD](https://holderbook.com/stocks/BLD/) | $3.8M | 10,634 | 0.9% | 8 |
| NVR INC | [NVR](https://holderbook.com/stocks/NVR/) | $3.5M | 517 | 0.8% | 24 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $3.4M | 15,405 | 0.8% | 1 |
| FIDELITY WISE ORIGIN BITCOIN | [FBTC](https://holderbook.com/stocks/FBTC/) | $3.3M | 64,923 | 0.8% | 10 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.9M | 9,941 | 0.7% | 27 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $2.6M | 11,645 | 0.6% | 1 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $2.5M | 7,598 | 0.6% | 19 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $2.1M | 36,871 | 0.5% | 26 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $1.9M | 21,495 | 0.4% | 18 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $1.9M | 6,326 | 0.4% | 17 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.9M | 6,860 | 0.4% | 19 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $1.8M | 15,587 | 0.4% | 19 |
| DICKS SPORTING GOODS INC | [DKS](https://holderbook.com/stocks/DKS/) | $1.6M | 6,992 | 0.4% | 1 |
| GRAYSCALE BITCOIN TRUST ETF | [GBTC](https://holderbook.com/stocks/GBTC/) | $1.5M | 31,864 | 0.3% | 10 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.4M | 3,732 | 0.3% | 27 |
| FIDELITY ETHEREUM FD | [FETH](https://holderbook.com/stocks/FETH/) | $1.3M | 83,723 | 0.3% | 8 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.2M | 3,363 | 0.3% | 19 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $1.0M | 2,757 | 0.2% | 20 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $983.4K | 2,670 | 0.2% | 11 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $808.3K | 688 | 0.2% | 7 |
| GRAYSCALE ETHEREUM STAKING E | [ETHE](https://holderbook.com/stocks/ETHE/) | $647.7K | 50,759 | 0.2% | 8 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $642.2K | 4,697 | 0.2% | 19 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $619.0K | 1,752 | 0.1% | 9 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $595.0K | 3,836 | 0.1% | 27 |
| SPX TECHNOLOGIES INC | [SPXC](https://holderbook.com/stocks/SPXC/) | $509.0K | 2,076 | 0.1% | 11 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $465.5K | 5,079 | 0.1% | 14 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $380.6K | 905 | 0.1% | 5 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $375.6K | 2,690 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $349.7K | 1,605 | 0.1% | 4 |
| LEIDOS HOLDINGS INC | [LDOS](https://holderbook.com/stocks/LDOS/) | $321.1K | 3,118 | 0.1% | 27 |
| PAN AMERN SILVER CORP | [PAAS](https://holderbook.com/stocks/PAAS/) | $305.1K | 6,812 | 0.1% | 27 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $291.6K | 3,024 | 0.1% | 1 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $265.7K | 2,776 | 0.1% | 9 |
| SCIENCE APPLICATIONS INTL CO | [SAIC](https://holderbook.com/stocks/SAIC/) | $255.9K | 2,318 | 0.1% | 19 |
| REGIONS FINANCIAL CORP NEW | [RF](https://holderbook.com/stocks/RF/) | $231.6K | 7,669 | 0.1% | 4 |
| IREN LIMITED | [IREN](https://holderbook.com/stocks/IREN/) | $227.7K | 4,980 | 0.1% | 1 |

## 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 | +5.8% | +14.8% | -9.0% | 100% |
| Q1 2026 | -6.5% | -4.6% | -1.9% | 100% |
| Q4 2025 | +2.4% | +2.4% | +0.0% | 100% |
| Q3 2025 | +5.0% | +7.8% | -2.8% | 100% |
| Q2 2025 | +3.7% | +10.5% | -6.7% | 100% |
| Q1 2025 | +1.0% | -4.6% | +5.5% | 100% |
| Q4 2024 | +0.8% | +2.1% | -1.3% | 100% |
| Q3 2024 | +7.7% | +5.4% | +2.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $420.6M | 67 |
| Q1 2026 | $360.7M | 67 |
| Q4 2025 | $372.2M | 75 |
| Q3 2025 | $373.2M | 80 |
| Q2 2025 | $347.4M | 76 |
| Q1 2025 | $318.1M | 75 |
| Q4 2024 | $310.4M | 78 |
| Q3 2024 | $306.0M | 73 |
| Q2 2024 | $272.3M | 66 |
| Q1 2024 | $269.6M | 66 |
| Q4 2023 | $240.2M | 66 |
| Q3 2023 | $236.1M | 62 |