# Intrinsic Value Partners, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1910364. Source: https://holderbook.com/funds/1910364-intrinsic-value-partners-llc/

- Reported value: $146.3M
- Positions: 73
- Weight of the ten largest: 54.7%
- 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 |
|---|---|---|---|---|---|
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $15.7M | 44,520 | 10.7% | 19 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $15.1M | 30,177 | 10.3% | 19 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $9.6M | 20,063 | 6.5% | 18 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $8.3M | 23,144 | 5.7% | 19 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $6.3M | 28,812 | 4.3% | 8 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $6.0M | 16,138 | 4.1% | 19 |
| ST JOE CO | [JOE](https://holderbook.com/stocks/JOE/) | $5.7M | 91,091 | 3.9% | 19 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $4.9M | 8,762 | 3.4% | 19 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $4.8M | 52,280 | 3.3% | 19 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $3.5M | 4,877 | 2.4% | 5 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $3.5M | 24,074 | 2.4% | 19 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $3.4M | 23,216 | 2.4% | 10 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $3.3M | 10,785 | 2.2% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.1M | 8,347 | 2.1% | 19 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $3.0M | 8,975 | 2.1% | 19 |
| KINSALE CAP GROUP INC | [KNSL](https://holderbook.com/stocks/KNSL/) | $3.0M | 9,131 | 2.1% | 4 |
| PAYCOM SOFTWARE INC | [PAYC](https://holderbook.com/stocks/PAYC/) | $2.7M | 21,310 | 1.8% | 8 |
| BUILDERS FIRSTSOURCE INC | [BLDR](https://holderbook.com/stocks/BLDR/) | $2.4M | 26,805 | 1.6% | 5 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $2.3M | 44,102 | 1.6% | 10 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $2.0M | 42,184 | 1.4% | 10 |
| AIRBNB INC | [ABNB](https://holderbook.com/stocks/ABNB/) | $1.6M | 11,526 | 1.1% | 5 |
| JEFFERIES FINANCIAL GROUP IN | [JEF](https://holderbook.com/stocks/JEF/) | $1.6M | 31,781 | 1.1% | 19 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $1.5M | 759 | 1.0% | 17 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $1.4M | 12,544 | 1.0% | 16 |
| JACOBS SOLUTIONS INC | [J](https://holderbook.com/stocks/J/) | $1.4M | 10,783 | 0.9% | 16 |
| COREBRIDGE FINL INC | [CRBG](https://holderbook.com/stocks/CRBG/) | $1.3M | 44,500 | 0.9% | 8 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.3M | 9,767 | 0.9% | 19 |
| CAPITAL GROUP NEW GEOGRAPHY | [CGNG](https://holderbook.com/stocks/CGNG/) | $1.2M | 33,055 | 0.8% | 5 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $1.2M | 14,467 | 0.8% | 6 |
| ARCH CAP GROUP LTD | [ACGL](https://holderbook.com/stocks/ACGL/) | $1.2M | 12,420 | 0.8% | 3 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $1.1M | 13,547 | 0.8% | 19 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $1.1M | 6,090 | 0.7% | 19 |
| UBIQUITI INC | [UI](https://holderbook.com/stocks/UI/) | $945.8K | 1,771 | 0.6% | 19 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $934.0K | 795 | 0.6% | 9 |
| GE HEALTHCARE TECHNOLOGIES I | [GEHC](https://holderbook.com/stocks/GEHC/) | $923.5K | 14,427 | 0.6% | 14 |
| WATSCO INC | [WSO](https://holderbook.com/stocks/WSO/) | $912.2K | 2,189 | 0.6% | 3 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $885.4K | 31,410 | 0.6% | 3 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $794.5K | 2,147 | 0.5% | 17 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $767.0K | 1,005 | 0.5% | 6 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $748.9K | 1 | 0.5% | 6 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $738.3K | 3,690 | 0.5% | 11 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $732.7K | 5,235 | 0.5% | 19 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $728.5K | 373 | 0.5% | 19 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $693.3K | 12,167 | 0.5% | 19 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $668.0K | 3,086 | 0.5% | 19 |
| FIGS INC | [FIGS](https://holderbook.com/stocks/FIGS/) | $634.6K | 62,035 | 0.4% | 9 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $632.5K | 1,932 | 0.4% | 19 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $580.8K | 2,437 | 0.4% | 19 |
| MODERNA INC | [MRNA](https://holderbook.com/stocks/MRNA/) | $577.3K | 8,244 | 0.4% | 17 |
| TARGA RES CORP | [TRGP](https://holderbook.com/stocks/TRGP/) | $575.4K | 2,146 | 0.4% | 9 |
| WW GRAINGER INC | [GWW](https://holderbook.com/stocks/GWW/) | $565.9K | 416 | 0.4% | 19 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $562.1K | 4,566 | 0.4% | 17 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $550.7K | 1,903 | 0.4% | 9 |
| CARMAX INC | [KMX](https://holderbook.com/stocks/KMX/) | $548.3K | 10,366 | 0.4% | 19 |
| CAPITAL GROUP INTL FOCUS EQT | [CGXU](https://holderbook.com/stocks/CGXU/) | $444.9K | 12,850 | 0.3% | 1 |
| ESAB CORPORATION | [ESAB](https://holderbook.com/stocks/ESAB/) | $436.4K | 4,425 | 0.3% | 17 |
| PINTEREST INC | [PINS](https://holderbook.com/stocks/PINS/) | $406.1K | 19,312 | 0.3% | 17 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $380.3K | 376 | 0.3% | 19 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $355.0K | 3,855 | 0.2% | 19 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $330.8K | 1,957 | 0.2% | 19 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $325.9K | 2,151 | 0.2% | 19 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $324.8K | 2,376 | 0.2% | 19 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $304.8K | 2,691 | 0.2% | 8 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $285.0K | 555 | 0.2% | 19 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $278.7K | 2,373 | 0.2% | 1 |
| AMENTUM HOLDINGS INC | [AMTM](https://holderbook.com/stocks/AMTM/) | $277.0K | 13,399 | 0.2% | 8 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $267.8K | 1,055 | 0.2% | 4 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $263.9K | 1,890 | 0.2% | 1 |
| ROCKET COS INC | [RKT](https://holderbook.com/stocks/RKT/) | $253.0K | 16,064 | 0.2% | 19 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $252.1K | 2,425 | 0.2% | 18 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $247.3K | 4,094 | 0.2% | 19 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $226.4K | 805 | 0.2% | 1 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $220.6K | 6,000 | 0.2% | 2 |

## 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 | +12.0% | +14.8% | -2.8% | 100% |
| Q1 2026 | -3.1% | -4.6% | +1.5% | 100% |
| Q4 2025 | +5.5% | +2.4% | +3.1% | 100% |
| Q3 2025 | +11.0% | +7.8% | +3.2% | 100% |
| Q2 2025 | +9.0% | +10.5% | -1.4% | 100% |
| Q1 2025 | -2.0% | -4.6% | +2.5% | 100% |
| Q4 2024 | +1.8% | +2.1% | -0.4% | 100% |
| Q3 2024 | +2.3% | +5.4% | -3.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $146.3M | 73 |
| Q1 2026 | $129.8M | 69 |
| Q4 2025 | $133.3M | 69 |
| Q3 2025 | $123.5M | 67 |
| Q2 2025 | $112.4M | 67 |
| Q1 2025 | $101.3M | 66 |
| Q4 2024 | $99.6M | 59 |
| Q3 2024 | $99.9M | 62 |
| Q2 2024 | $95.9M | 59 |
| Q1 2024 | $93.8M | 56 |
| Q4 2023 | $85.7M | 53 |
| Q3 2023 | $77.8M | 52 |