1y return+8.9%S&P 500 +20.9%
3y return+43.4%S&P 500 +68.5%
5y return+48.1%S&P 500 +74.5%
10y return+198.3%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: $298 against $357 in the S&P 500.2
Lincoln Capital LLCS&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 |
|---|---|---|---|
| GOOGLAlphabet Inc | $54.2M | 9.6% | −1.7% |
| BRK/BBerkshire Hathaway Inc Del | $50.2M | 8.9% | −1.6% |
| BRK/ABerkshire Hathaway Inc Del | $41.2M | 7.3% | |
| MKLMarkel Group Inc | $34.9M | 6.2% | −1.8% |
| COSTCostco Wholesale Corporation | $32.0M | 5.7% | |
| MAMastercard Incorporated | $30.0M | 5.3% | −2.0% |
| AMZNAmazon Com Inc | $18.4M | 3.3% | −2.4% |
| DHRDanaher Corp Del | $17.4M | 3.1% | +7.7% |
| AAPLApple Inc | $16.3M | 2.9% | |
| SBUXStarbucks Corp | $15.6M | 2.8% | −2.3% |
| MSFTMicrosoft Corp | $15.5M | 2.8% | −2.3% |
| HGTYHagerty Inc | $11.6M | 2.1% | +2.4% |
| CARRCarrier Global Corporation | $10.7M | 1.9% | −2.0% |
| MARMarriott Intl Inc New | $9.5M | 1.7% | −1.3% |
| JPMJpmorgan Chase & Co | $9.0M | 1.6% | −2.6% |
| BNYBank Of Ny Mellon Corp | $8.7M | 1.5% | |
| MCDMcdonalds Corp | $8.2M | 1.5% | −4.3% |
| FWONKLiberty Media Corp Del | $8.0M | 1.4% | +7.0% |
| DISDisney Walt Co | $6.9M | 1.2% | −5.5% |
| Linde PLCCUSIP G54950103 | $6.9M | 1.2% | |
| KOCoca Cola Co | $6.2M | 1.1% | −4.1% |
| AXPAmerican Express Co | $6.1M | 1.1% | −5.0% |
| JNJJohnson & Johnson | $5.7M | 1.0% | −5.0% |
| UPSUnited Parcel Svcs Inc | $5.4M | 1.0% | |
| SCHWSchwab Charles Corp | $5.3M | 0.9% | −1.8% |
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 |
|---|---|---|---|
| AMATApplied Matls Inc | June 30, 2020 | +1096.1% | $3.2M |
| APHAmphenol Corp | June 30, 2020 | +636.1% | $2.6M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $54.2M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $4.4M |
| MARMarriott Intl Inc New | June 30, 2020 | +332.3% | $9.5M |
| DEDeere & Co | June 30, 2020 | +303.7% | $2.8M |
| BNYBank Of Ny Mellon Corp | June 30, 2020 | +274.1% | $8.7M |
| AXPAmerican Express Co | June 30, 2020 | +255.3% | $6.1M |
| JPMJpmorgan Chase & Co | June 30, 2020 | +248.0% | $9.0M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $16.3M |
Sold off last quarter
- ADPAutomatic Data Processing In was $318K
- Dimensional Etf TrustCUSIP 25434V708 was $302K
- GLDSpdr Gold Tr was $252K
- AMRAlpha Metallurgical Resour I was $219K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +7.2% | +14.8% |
| March 31, 2026 | −5.0% | −4.6% |
| December 31, 2025 | +3.3% | +2.4% |
| September 30, 2025 | +3.5% | +7.8% |
| June 30, 2025 | +3.2% | +10.5% |
| March 31, 2025 | +1.3% | −4.6% |
| December 31, 2024 | +1.0% | +2.1% |
| September 30, 2024 | +7.0% | +5.4% |
| June 30, 2024 | +0.4% | +4.0% |
| March 31, 2024 | +9.6% | +10.0% |
| December 31, 2023 | +7.5% | +11.2% |
| September 30, 2023 | −1.5% | −3.6% |
| June 30, 2023 | +6.6% | +8.3% |
| March 31, 2023 | +4.4% | +7.0% |
| December 31, 2022 | +8.6% | +7.1% |
| September 30, 2022 | −4.9% | −5.3% |
| June 30, 2022 | −16.9% | −16.5% |
| March 31, 2022 | −0.6% | −4.9% |
| December 31, 2021 | +8.4% | +10.7% |
| September 30, 2021 | +0.4% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Lincoln Capital LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1633862&type=13F-HR&dateb=&owner=include&count=40CIK 1633862
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1633862/000163386226000004/Filed July 7, 2026 · accession 0001633862-26-000004