# Ervin Investment Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1907802. Source: https://holderbook.com/funds/1907802-ervin-investment-management-llc/

- Reported value: $184.1M
- Positions: 47
- Weight of the ten largest: 70.0%
- Filed: 2026-07-14

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/) | $39.4M | 78,831 | 21.4% | 19 |
| SPDR SERIES TRUST | [SPTM](https://holderbook.com/stocks/SPTM/) | $15.3M | 168,556 | 8.3% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $14.1M | 48,875 | 7.7% | 19 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $12.4M | 33,354 | 6.8% | 19 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $9.9M | 27,808 | 5.4% | 19 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $9.9M | 232,348 | 5.4% | 15 |
| LOEWS CORP | [L](https://holderbook.com/stocks/L/) | $8.8M | 77,959 | 4.8% | 19 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $6.9M | 28,553 | 3.8% | 19 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $6.1M | 120,510 | 3.3% | 19 |
| ETFS GOLD TR | [SGOL](https://holderbook.com/stocks/SGOL/) | $5.9M | 153,105 | 3.2% | 19 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $5.5M | 71,315 | 3.0% | 19 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $5.3M | 2,711 | 2.9% | 19 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $5.0M | 2,499 | 2.7% | 9 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $4.8M | 93,634 | 2.6% | 19 |
| JEFFERIES FINANCIAL GROUP IN | [JEF](https://holderbook.com/stocks/JEF/) | $4.6M | 92,178 | 2.5% | 19 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $3.5M | 9,796 | 1.9% | 19 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.7M | 20,052 | 1.5% | 9 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $2.0M | 1,152 | 1.1% | 1 |
| VANGUARD WORLD FD | [ESGV](https://holderbook.com/stocks/ESGV/) | $1.8M | 13,688 | 1.0% | 19 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.6M | 2,740 | 0.9% | 2 |
| YUM BRANDS INC | [YUM](https://holderbook.com/stocks/YUM/) | $1.6M | 9,922 | 0.9% | 19 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.5M | 1,978 | 0.8% | 19 |
| BROOKFIELD ASSET MANAGMT LTD | [BAM](https://holderbook.com/stocks/BAM/) | $1.4M | 30,907 | 0.8% | 10 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $1.4M | 3,669 | 0.7% | 16 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.3M | 8,913 | 0.7% | 19 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $1.3M | 7,671 | 0.7% | 2 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $1.2M | 3,488 | 0.6% | 19 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.2M | 6,509 | 0.6% | 19 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $1.2M | 13,539 | 0.6% | 15 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $646.2K | 550 | 0.4% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $580.6K | 2,436 | 0.3% | 18 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $549.9K | 1,486 | 0.3% | 14 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $517.0K | 8,695 | 0.3% | 10 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $434.0K | 2,005 | 0.2% | 19 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $423.1K | 616 | 0.2% | 1 |
| ABRDN SILVER ETF TRUST | [SIVR](https://holderbook.com/stocks/SIVR/) | $399.2K | 7,100 | 0.2% | 3 |
| VANGUARD WORLD FD | [VSGX](https://holderbook.com/stocks/VSGX/) | $372.8K | 4,528 | 0.2% | 5 |
| CNX RES CORP | [CNX](https://holderbook.com/stocks/CNX/) | $349.5K | 10,300 | 0.2% | 13 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $345.4K | 4,801 | 0.2% | 19 |
| DIAGEO PLC | [DEO](https://holderbook.com/stocks/DEO/) | $337.7K | 4,201 | 0.2% | 11 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $298.1K | 875 | 0.2% | 2 |
| YUM CHINA HLDGS INC | [YUMC](https://holderbook.com/stocks/YUMC/) | $268.9K | 6,580 | 0.1% | 19 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $254.8K | 346 | 0.1% | 1 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $250.9K | 3,087 | 0.1% | 5 |
| SPROUTS FMRS MKT INC | [SFM](https://holderbook.com/stocks/SFM/) | $239.4K | 2,831 | 0.1% | 9 |
| GE HEALTHCARE TECHNOLOGIES I | [GEHC](https://holderbook.com/stocks/GEHC/) | $202.4K | 3,162 | 0.1% | 5 |
| AURORA INNOVATION INC | [AUR](https://holderbook.com/stocks/AUR/) | $68.2K | 10,000 | 0.0% | 4 |

## 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% | -6.1% | 100% |
| Q1 2026 | -6.0% | -4.6% | -1.4% | 100% |
| Q4 2025 | +3.5% | +2.4% | +1.1% | 100% |
| Q3 2025 | +9.7% | +7.8% | +1.8% | 100% |
| Q2 2025 | +4.2% | +10.5% | -6.3% | 102% |
| Q1 2025 | +0.5% | -4.6% | +5.0% | 97% |
| Q4 2024 | +2.6% | +2.1% | +0.5% | 100% |
| Q3 2024 | +8.2% | +5.4% | +2.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $184.1M | 47 |
| Q1 2026 | $170.8M | 47 |
| Q4 2025 | $178.5M | 44 |
| Q3 2025 | $174.7M | 42 |
| Q2 2025 | $159.8M | 40 |
| Q1 2025 | $148.2M | 38 |
| Q4 2024 | $155.0M | 37 |
| Q3 2024 | $155.8M | 39 |
| Q2 2024 | $144.3M | 38 |
| Q1 2024 | $142.7M | 36 |
| Q4 2023 | $130.9M | 35 |
| Q3 2023 | $119.3M | 35 |