# GUARDSMAN PRIVATE CAPITAL MANAGEMENT, INC.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2110760. Source: https://holderbook.com/funds/2110760-guardsman-private-capital-management-inc/

- Reported value: $142.7M
- Positions: 44
- Weight of the ten largest: 79.1%
- Filed: 2026-07-27

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 |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $47.4M | 128,055 | 33.2% | 3 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $13.9M | 239,350 | 9.8% | 3 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $13.5M | 82,189 | 9.5% | 3 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $8.2M | 95,514 | 5.7% | 3 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $7.3M | 102,296 | 5.1% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $6.6M | 13,129 | 4.6% | 3 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $5.2M | 54,282 | 3.6% | 3 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $4.0M | 5,417 | 2.8% | 3 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $3.9M | 16,211 | 2.8% | 3 |
| PROSHARES TR | [NOBL](https://holderbook.com/stocks/NOBL/) | $2.8M | 50,696 | 2.0% | 3 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $2.7M | 31,514 | 1.9% | 3 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $2.2M | 10,088 | 1.5% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $2.1M | 25,322 | 1.5% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.8M | 6,128 | 1.2% | 3 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $1.6M | 5,130 | 1.1% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $1.5M | 2 | 1.0% | 3 |
| FRANKLIN STR PPTYS CORP | [FSP](https://holderbook.com/stocks/FSP/) | $1.5M | 2,869,173 | 1.0% | 3 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $1.3M | 10,613 | 0.9% | 2 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $1.2M | 1,728 | 0.8% | 2 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $1.1M | 4,782 | 0.8% | 3 |
| VANGUARD INSTL INDEX FD | [VGUS](https://holderbook.com/stocks/VGUS/) | $1.1M | 14,952 | 0.8% | 3 |
| VANGUARD INSTL INDEX FD | [VBIL](https://holderbook.com/stocks/VBIL/) | $1.0M | 13,293 | 0.7% | 1 |
| VANGUARD MALVERN FDS | [VCRB](https://holderbook.com/stocks/VCRB/) | $851.9K | 11,030 | 0.6% | 1 |
| VANGUARD WORLD FD | [ESGV](https://holderbook.com/stocks/ESGV/) | $738.9K | 5,588 | 0.5% | 3 |
| VANGUARD WORLD FD | [VSGX](https://holderbook.com/stocks/VSGX/) | $736.9K | 8,949 | 0.5% | 3 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $672.1K | 5,412 | 0.5% | 3 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $618.0K | 7,932 | 0.4% | 3 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $609.3K | 4,884 | 0.4% | 3 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $608.9K | 5,117 | 0.4% | 3 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $605.8K | 2,016 | 0.4% | 3 |
| ISHARES TR | [SUSA](https://holderbook.com/stocks/SUSA/) | $602.7K | 3,906 | 0.4% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $532.5K | 1,427 | 0.4% | 3 |
| MOOG INC | [MOGA](https://holderbook.com/stocks/MOGA/) | $503.1K | 1,187 | 0.4% | 3 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $501.2K | 9,910 | 0.4% | 2 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $449.3K | 1,785 | 0.3% | 3 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $433.0K | 578 | 0.3% | 3 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $407.3K | 5,351 | 0.3% | 3 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $384.0K | 5,231 | 0.3% | 3 |
| ISHARES TR | [SUSB](https://holderbook.com/stocks/SUSB/) | $355.6K | 14,231 | 0.2% | 3 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $278.0K | 2,676 | 0.2% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $251.8K | 1,717 | 0.2% | 3 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $235.4K | 1,301 | 0.2% | 3 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $234.5K | 1,600 | 0.2% | 3 |
| SAFEHOLD INC | [SAFE](https://holderbook.com/stocks/SAFE/) | $166.5K | 10,602 | 0.1% | 3 |

## 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 | +11.0% | +14.8% | -3.8% | 100% |
| Q1 2026 | -2.9% | -4.6% | +1.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $142.7M | 44 |
| Q1 2026 | $128.0M | 42 |
| Q4 2025 | $125.5M | 40 |