Citadel Investment Advisory, Inc.
Reported holdings as of Q2 2026, from 23 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | BRKB | $52.4K | 104,793 | -0.19pp | 23q | HELD | |
| MARKEL GROUP INC | MKL | $29.8K | 15,242 | -0.41pp | 23q | HELD | |
| ALPHABET INC | GOOGL | $16.7K | 46,669 | +1.14pp | 23q | HELD | |
| ALPHABET INC | GOOG | $9.7K | 27,430 | +0.60pp | 23q | -1.1% | |
| Imperial Metals Corp | IPMLF | $7.6K | 1,732,813 | -1.16pp | 23q | HELD | |
| PHILIP MORRIS INTL INC | PM | $7.1K | 39,030 | +0.13pp | 23q | HELD | |
| JOHNSON & JOHNSON | JNJ | $5.9K | 23,054 | -0.03pp | 23q | HELD | |
| MICROSOFT CORP | MSFT | $5.4K | 14,568 | -0.11pp | 23q | HELD | |
| RTX CORPORATION | RTX | $5.3K | 27,943 | -0.17pp | 23q | HELD | |
| INTERNATIONAL BUSINESS MACHS | IBM | $4.7K | 16,875 | +0.20pp | 23q | HELD | |
| ABBVIE INC | ABBV | $4.5K | 17,848 | +0.19pp | 23q | HELD | |
| GOLDMAN SACHS GROUP INC | GS | $4.1K | 4,100 | +0.22pp | 23q | HELD | |
| MOODYS CORP | MCO | $3.4K | 7,427 | -0.02pp | 23q | HELD | |
| ORACLE CORP | ORCL | $3.3K | 22,366 | -0.08pp | 23q | HELD | |
| COCA COLA CO | KO | $3.1K | 38,403 | +0.02pp | 23q | HELD | |
| GENERAL DYNAMICS CORP | GD | $2.9K | 8,291 | -0.03pp | 23q | HELD | |
| MCDONALDS CORP | MCD | $2.8K | 10,274 | -0.26pp | 23q | HELD | |
| JPMORGAN CHASE & CO | JPM | $2.8K | 8,422 | +0.07pp | 23q | HELD | |
| BOOKING HOLDINGS INC | BKNG | $2.6K | 14,325 | +0.01pp | 23q | +2400.0%+$2.5K | |
| AFFILIATED MANAGERS GROUP | AMG | $2.2K | 6,452 | +0.14pp | 12q | HELD | |
| METTLER TOLEDO INTERNATIONAL | MTD | $2.2K | 1,700 | -0.04pp | 23q | HELD | |
| DISNEY WALT CO | DIS | $2.1K | 22,311 | -0.06pp | 23q | HELD | |
| PEPSICO INC | PEP | $2.1K | 15,481 | -0.20pp | 23q | HELD | |
| BERKLEY W R CORP | WRB | $2.1K | 29,468 | +0.01pp | 23q | HELD | |
| AMERICAN EXPRESS CO | AXP | $2.0K | 5,832 | +0.05pp | 23q | HELD | |
| IDEXX LABS INC | IDXX | $1.8K | 3,486 | -0.10pp | 23q | HELD | |
| CSX CORP | CSX | $1.8K | 37,585 | +0.07pp | 23q | HELD | |
| WELLS FARGO & CO | WFC | $1.6K | 19,775 | -0.01pp | 23q | HELD | |
| Medtronic NON-CUSIP ID | $1.6K | 20,700 | -0.12pp | 23q | HELD | ||
| CREDIT ACCEP CORP MICH | CACC | $1.6K | 2,525 | +0.22pp | 23q | HELD | |
| ANHEUSER BUSCH INBEV SA/NV | BUD | $1.4K | 16,383 | +0.07pp | 23q | HELD | |
| WARNER BROS DISCOVERY INC | WBD | $1.3K | 50,363 | -0.05pp | 17q | HELD | |
| EATON CORP PLC | ETN | $1.3K | 3,144 | +0.07pp | 23q | HELD | |
| MOHAWK INDS INC | MHK | $1.2K | 9,852 | +0.08pp | 23q | HELD | |
| BANK OF AMER CORP | BAC | $1.2K | 20,560 | +0.05pp | 23q | -0.8% | |
| AMAZON COM INC | AMZN | $1.1K | 4,612 | +0.04pp | 18q | HELD | |
| JEFFERIES FINANCIAL GROUP IN | JEF | $954 | 19,080 | -0.11pp | 23q | +3.2% | |
| LOWES COS INC | LOW | $888 | 4,026 | -0.05pp | 23q | HELD | |
| Vistaprint NV Cimpress | $872 | 8,575 | +0.10pp | 18q | HELD | ||
| CANADIAN NATL RY CO | CNI | $854 | 7,161 | +0.04pp | 23q | HELD | |
| HOWARD HUGHES CORP | HHC | $836 | 11,692 | +0.03pp | 23q | HELD | |
| DANAHER CORP DEL | DHR | $828 | 4,348 | -0.02pp | 23q | HELD | |
| John Marshall Bancorp | $811 | 37,200 | +0.01pp | 18q | HELD | ||
| ABBOTT LABORATORIES | ABT | $792 | 8,730 | -0.07pp | 23q | HELD | |
| SYSCO CORP | SYY | $786 | 9,401 | +0.04pp | 23q | HELD | |
| BOEING CO | BA | $757 | 3,495 | +0.01pp | 18q | HELD | |
| EVEREST GROUP LTD | EG | $700 | 1,960 | +0.01pp | 23q | HELD | |
| MASTERCARD INCORPORATED | MA | $593 | 1,155 | -0.01pp | 23q | HELD | |
| WYNN RESORTS LTD | WYNN | $564 | 5,811 | -0.03pp | 23q | HELD | |
| PROCTER & GAMBLE CO | PG | $492 | 3,358 | -0.01pp | 23q | HELD | |
| META PLATFORMS INC | META | $445 | 790 | -0.01pp | 11q | HELD | |
| APPLE INC | AAPL | $434 | 1,500 | +0.02pp | 23q | HELD | |
| LEIDOS HOLDINGS INC | LDOS | $423 | 4,110 | -0.11pp | 23q | HELD | |
| United Parcel Service Inc | $398 | 3,703 | flat | 23q | -1.3% | ||
| COMCAST CORP NEW | CMCSA | $384 | 15,630 | -0.05pp | 23q | -2.5% | |
| SEI INVTS CO | SEIC | $341 | 3,890 | +0.01pp | 23q | HELD | |
| MSCI INC | MSCI | $328 | 585 | flat | 5q | HELD | |
| LINCOLN ELEC HLDGS INC | LECO | $324 | 1,221 | flat | 13q | -3.2% | |
| Radiant Logistics UNVERIFIED ID | $313 | 33,052 | +0.03pp | 3q | HELD | ||
| Colgate Palmolive | CPRLCL | $302 | 3,297 | flat | 23q | HELD | |
| ESAB CORPORATION | ESAB | $300 | 3,038 | -0.01pp | 17q | -3.2% | |
| THE CIGNA GROUP | CI | $298 | 1,081 | flat | 23q | HELD | |
| AT&T INC | T | $291 | 14,077 | -0.06pp | 23q | HELD | |
| MONDELEZ INTL INC | MDLZ | $253 | 4,376 | -0.01pp | 23q | HELD | |
| FTI CONSULTING INC | FCN | $249 | 1,670 | -0.03pp | 22q | HELD | |
| KEURIG DR PEPPER INC | KDP | $234 | 7,145 | +0.01pp | 22q | -4.0% | |
| SIRIUS XM HOLDINGS INC | SIRIXXXX | $218 | 7,396 | +0.03pp | 8q | HELD | |
| WILLIS TOWERS WATSON PLC LTD | WTW | $214 | 817 | -0.02pp | 15q | HELD | |
| WHITE MTNS INS GROUP LTD | WTM | $207 | 100 | -0.01pp | 7q | HELD | |
| PINNACLE FINL PARTNERS INC | PNFP | $193 | 1,909 | +0.01pp | 7q | HELD | |
| BROWN FORMAN CORP | BFB | $181 | 6,804 | flat | 23q | HELD | |
| CAPITAL ONE FINL CORP | COF | $173 | 950 | flat | 5q | HELD | |
| FISERV INC | FISV | $165 | 3,369 | -0.02pp | 23q | -0.9% | |
| LIBERTY BROADBAND CORP | LBRDK | $111 | 3,324 | -0.03pp | 23q | HELD | |
| LIBERTY GLOBAL PLC | LBTYKXXXX | $86 | 7,820 | flat | 23q | HELD | |
| LIBERTY GLOBAL PLC | LBTYAXXXX | $50 | 4,414 | -0.01pp | 23q | -21.9% |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Not classified | $12.9K | 100.0% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $220.3K | 76 | 0 | 2 | 9 | 2 | 65.6% | 23 |
| Q1 2026 | $209.5K | 78 | 0 | 0 | 52 | 1 | 65.6% | 16 |
| Q4 2025 | $231.4K | 79 | 1 | 3 | 32 | 4 | 65.6% | 21 |
| Q3 2025 | $218.0K | 82 | 0 | 3 | 21 | 1 | 63.9% | 21 |
| Q2 2025 | $206.5K | 83 | 2 | 6 | 61 | 1 | 63.2% | 36 |
| Q1 2025 | $203.8K | 82 | 0 | 13 | 16 | 0 | 63.5% | 17 |
| Q4 2024 | $193.0K | 82 | 2 | 13 | 30 | 1 | 61.6% | 24 |
| Q3 2024 | $190.2K | 81 | 1 | 23 | 29 | 2 | 60.8% | 16 |
| Q2 2024 | $175.9K | 82 | 0 | 0 | 33 | 0 | 61.0% | 15 |
| Q1 2024 | $177.5K | 82 | 1 | 2 | 31 | 1 | 59.2% | 17 |
| Q4 2023 | $163.3K | 82 | 1 | 5 | 33 | 0 | 58.1% | 23 |
| Q3 2023 | $152.7K | 81 | 1 | 3 | 13 | 0 | 59.9% | 31 |
| Q2 2023 | $154.6K | 80 | 1 | 3 | 46 | 0 | 58.6% | 11 |
| Q1 2023 | $146.9K | 79 | 0 | 3 | 25 | 0 | 56.5% | 31 |
| Q4 2022 | $146.2K | 79 | 1 | 1 | 57 | 0 | 56.9% | 18 |
| Q3 2022 | $131.1M | 78 | 2 | 42 | 6 | 4 | 57.0% | 20 |
| Q2 2022 | $147.5M | 80 | 3 | 6 | 50 | 3 | 56.0% | 33 |
| Q1 2022 | $172.1M | 80 | 5 | 5 | 49 | 0 | 54.5% | 42 |
| Q4 2021 | $170.9M | 75 | 1 | 1 | 21 | 0 | 54.3% | 27 |
| Q3 2021 | $161.4M | 74 | 0 | 4 | 4 | 0 | 54.7% | 33 |
| Q2 2021 | $161.7M | 74 | 0 | 3 | 31 | 0 | 54.4% | 41 |
| Q1 2021 | $152.9M | 74 | 2 | 5 | 10 | 0 | 54.0% | 20 |
| Q4 2020 | $139.9M | 72 | 0 | 0 | 0 | 0 | 54.5% | 29 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.