1y return+14.5%S&P 500 +20.9%
3y return+39.0%S&P 500 +68.5%
5y return+43.1%S&P 500 +74.5%
10y return+177.3%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $277 against $357 in the S&P 500.2
Lawson Kroeker Investment Management Inc/neS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| TPLTexas Pacific Land Corp | $48.2M | 13.4% | −2.5% |
| BRK/BBerkshire Hathaway Inc Cl B | $22.1M | 6.1% | −3.6% |
| AJGArthur J Gallagher & Co | $15.2M | 4.2% | |
| GOOGAlphabet Inc Cl C | $14.5M | 4.0% | |
| PSXPhillips 66 | $14.0M | 3.9% | −4.4% |
| AFLAflac Inc | $13.9M | 3.9% | −2.5% |
| MSFTMicrosoft Corp | $13.7M | 3.8% | |
| TMOThermo Fisher Corp | $13.6M | 3.8% | +101.0% |
| FITBFifth Third Bancorp | $12.4M | 3.4% | −1.1% |
| Chubb CorpCUSIP H1467J104 | $11.6M | 3.2% | |
| JNJJohnson & Johnson | $11.0M | 3.1% | −1.5% |
| FRFHFFairfax Financial Holdings | $10.8M | 3.0% | New |
| LECOLincoln Electric Holdings Inc | $10.8M | 3.0% | |
| HCAHCA Healthcare Inc | $10.3M | 2.9% | +3.0% |
| ELVElevance Health Inc | $9.4M | 2.6% | −34.9% |
| DISDisney Walt | $9.0M | 2.5% | |
| HSYHershey Foods Corp | $8.9M | 2.5% | |
| PEPPepsico Inc | $8.9M | 2.5% | +680.9% |
| NNINelnet | $8.8M | 2.4% | |
| CFRCullen/Frost Bankers, Inc. | $8.2M | 2.3% | |
| CPCanadian Pacific Kansas City L | $7.8M | 2.2% | |
| ABGAsbury Automotive Group | $6.7M | 1.9% | −14.1% |
| BNBrookfield Corporation | $6.5M | 1.8% | |
| CRLCharles River Labs Int'l | $6.4M | 1.8% | −1.9% |
| VMCVulcan Materials Co | $5.7M | 1.6% | −1.6% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| TPLTexas Pacific Land Corp | December 31, 2020 | +441.8% | $48.2M |
| GOOGAlphabet Inc Cl C | March 31, 2023 | +239.7% | $14.5M |
| LECOLincoln Electric Holdings Inc | June 30, 2020 | +215.2% | $10.8M |
| BRK/BBerkshire Hathaway Inc Cl B | June 30, 2020 | +180.3% | $22.1M |
| BRK/ABerkshire Hathaway Inc Cl A | June 30, 2020 | +180.2% | $5.2M |
| VMCVulcan Materials Co | June 30, 2020 | +154.6% | $5.7M |
| PSXPhillips 66 | June 30, 2020 | +135.1% | $14.0M |
| AFLAflac Inc | June 30, 2021 | +118.5% | $13.9M |
| FITBFifth Third Bancorp | March 31, 2023 | +111.6% | $12.4M |
| CFRCullen/Frost Bankers, Inc. | June 30, 2020 | +106.8% | $8.2M |
Sold off last quarter
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +3.7% | +14.8% |
| March 31, 2026 | +5.7% | −4.6% |
| December 31, 2025 | +0.6% | +2.4% |
| September 30, 2025 | +3.8% | +7.8% |
| June 30, 2025 | −1.8% | +10.5% |
| March 31, 2025 | +3.3% | −4.6% |
| December 31, 2024 | −1.3% | +2.1% |
| September 30, 2024 | +7.4% | +5.4% |
| June 30, 2024 | −3.2% | +4.0% |
| March 31, 2024 | +10.1% | +10.0% |
| December 31, 2023 | +7.1% | +11.2% |
| September 30, 2023 | −0.9% | −3.6% |
| June 30, 2023 | +3.2% | +8.3% |
| March 31, 2023 | −2.2% | +7.0% |
| December 31, 2022 | +11.9% | +7.1% |
| September 30, 2022 | −2.4% | −5.3% |
| June 30, 2022 | −9.3% | −16.5% |
| March 31, 2022 | −1.1% | −4.9% |
| December 31, 2021 | +8.6% | +10.7% |
| September 30, 2021 | −4.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Lawson Kroeker Investment Management Inc/ne Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1013701&type=13F-HR&dateb=&owner=include&count=40CIK 1013701
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1013701/000101370126000003/Filed July 28, 2026 · accession 0001013701-26-000003