# Eldred Rock Partners, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1984180. Source: https://holderbook.com/funds/1984180-eldred-rock-partners-llc/

- Reported value: $465.1M
- Positions: 29
- Weight of the ten largest: 50.8%
- Filed: 2026-07-08

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 |
|---|---|---|---|---|---|
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $30.9M | 71,251 | 6.6% | 7 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $27.5M | 13,812 | 5.9% | 11 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $26.5M | 74,290 | 5.7% | 11 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $26.2M | 54,902 | 5.6% | 11 |
| HUNT J B TRANS SVCS INC | [JBHT](https://holderbook.com/stocks/JBHT/) | $24.6M | 84,910 | 5.3% | 6 |
| ICON PUB LTD CO | [ICLR](https://holderbook.com/stocks/ICLR/) | $23.3M | 134,248 | 5.0% | 11 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $19.6M | 65,899 | 4.2% | 11 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $19.4M | 30,586 | 4.2% | 3 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $19.1M | 26,782 | 4.1% | 11 |
| POOL CORP | [POOL](https://holderbook.com/stocks/POOL/) | $19.0M | 88,552 | 4.1% | 3 |
| BANK NOVA SCOTIA B C | [BNS](https://holderbook.com/stocks/BNS/) | $17.8M | 205,242 | 3.8% | 11 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $16.5M | 97,837 | 3.6% | 11 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $15.3M | 30,663 | 3.3% | 11 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $15.3M | 30,420 | 3.3% | 2 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $15.0M | 116,413 | 3.2% | 11 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $14.8M | 103,551 | 3.2% | 11 |
| VONTIER CORPORATION | [VNT](https://holderbook.com/stocks/VNT/) | $13.3M | 459,406 | 2.9% | 9 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $13.1M | 97,005 | 2.8% | 11 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $12.7M | 163,231 | 2.7% | 11 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $12.6M | 80,627 | 2.7% | 11 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $12.6M | 62,921 | 2.7% | 5 |
| VAIL RESORTS INC | [MTN](https://holderbook.com/stocks/MTN/) | $11.9M | 87,702 | 2.6% | 4 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $11.3M | 136,226 | 2.4% | 9 |
| UNILEVER PLC | [UL](https://holderbook.com/stocks/UL/) | $11.0M | 182,828 | 2.4% | 3 |
| CAL MAINE FOODS INC | [CALM](https://holderbook.com/stocks/CALM/) | $10.7M | 132,449 | 2.3% | 11 |
| INTERNATIONAL BANCSHARES COR | [IBOC](https://holderbook.com/stocks/IBOC/) | $9.7M | 127,460 | 2.1% | 10 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $7.8M | 163,661 | 1.7% | 11 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $7.0M | 56,080 | 1.5% | 11 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $430.4K | 1,218 | 0.1% | 5 |

## 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 | +17.2% | +14.8% | +2.4% | 100% |
| Q1 2026 | +1.4% | -4.6% | +6.0% | 100% |
| Q4 2025 | +7.3% | +2.4% | +4.9% | 100% |
| Q3 2025 | +7.1% | +7.8% | -0.7% | 100% |
| Q2 2025 | +4.8% | +10.5% | -5.7% | 100% |
| Q1 2025 | -5.3% | -4.6% | -0.8% | 102% |
| Q4 2024 | -0.8% | +2.1% | -2.9% | 100% |
| Q3 2024 | +1.3% | +5.4% | -4.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $465.1M | 29 |
| Q1 2026 | $392.9M | 31 |
| Q4 2025 | $385.5M | 32 |
| Q3 2025 | $401.0M | 30 |
| Q2 2025 | $329.0M | 29 |
| Q1 2025 | $327.5M | 29 |
| Q4 2024 | $291.3M | 30 |
| Q3 2024 | $299.3M | 32 |
| Q2 2024 | $239.3M | 30 |
| Q1 2024 | $183.5M | 26 |
| Q4 2023 | $157.0M | 25 |