1y return+13.9%S&P 500 +20.9%
3y return+44.8%S&P 500 +68.5%
5y return+50.7%S&P 500 +74.5%
10y return+195.2%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: $295 against $357 in the S&P 500.2
Pecaut & Co.S&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 |
|---|---|---|---|
| BRK/BBerkshire Hathaway Inc Del | $29.3M | 8.9% | +2.4% |
| BILSSpdr Series Trust | $25.8M | 7.9% | +1.4% |
| VCSHVanguard Scottsdale Fds | $25.0M | 7.6% | +2.0% |
| EMXCIshares Inc | $20.7M | 6.3% | −1.0% |
| GOOGAlphabet Inc | $18.7M | 5.7% | −2.4% |
| SPYGSpdr Series Trust | $18.5M | 5.7% | |
| SGOVIshares Tr | $16.4M | 5.0% | +1.1% |
| SPDWSpdr Index Shs Fds | $15.0M | 4.6% | |
| VIGVanguard Specialized Funds | $13.6M | 4.2% | |
| SPYVSpdr Series Trust | $11.3M | 3.4% | +4.5% |
| AAPLApple Inc | $10.3M | 3.1% | −2.0% |
| GRIDFirst Tr Exchange-traded Fd | $9.5M | 2.9% | −1.2% |
| TPLTexas Pacific Land Corporati | $9.0M | 2.7% | |
| INFLListed Fds Tr | $7.6M | 2.3% | +2.3% |
| AIRRFirst Tr Exchange Traded Fd | $7.3M | 2.2% | |
| SPMDSpdr Series Trust | $7.1M | 2.2% | |
| COSTCostco Wholesale Corporation | $6.6M | 2.0% | |
| BRK/ABerkshire Hathaway Inc Del | $6.0M | 1.8% | −20.0% |
| ANAutonation Inc | $4.4M | 1.3% | −7.3% |
| KNFKnife River Corp | $4.2M | 1.3% | −1.3% |
| LOWLowes Cos Inc | $4.1M | 1.2% | −5.8% |
| SPSMSpdr Series Trust | $3.8M | 1.2% | −1.1% |
| BILSpdr Series Trust | $3.5M | 1.1% | +6.4% |
| MSFTMicrosoft Corp | $3.1M | 0.9% | |
| WBIWaterbridge Infrastructure L | $3.0M | 0.9% |
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 |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $1.5M |
| CASYCaseys Gen Stores Inc | June 30, 2020 | +431.6% | $2.1M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $18.7M |
| URIUnited Rentals Inc | June 30, 2022 | +366.4% | $1.6M |
| BLDRBuilders Firstsource Inc | June 30, 2020 | +332.3% | $2.4M |
| AXPAmerican Express Co | June 30, 2020 | +255.3% | $1.7M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $10.3M |
| COSTCostco Wholesale Corporation | June 30, 2020 | +208.5% | $6.6M |
| BRK/BBerkshire Hathaway Inc Del | June 30, 2020 | +180.3% | $29.3M |
| BRK/ABerkshire Hathaway Inc Del | June 30, 2020 | +180.2% | $6.0M |
Sold off last quarter
- NKENike Inc was $544K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +7.0% | +14.8% |
| March 31, 2026 | +0.5% | −4.6% |
| December 31, 2025 | +1.1% | +2.4% |
| September 30, 2025 | +4.7% | +7.8% |
| June 30, 2025 | +2.2% | +10.5% |
| March 31, 2025 | +0.2% | −4.6% |
| December 31, 2024 | +0.9% | +2.1% |
| September 30, 2024 | +6.4% | +5.4% |
| June 30, 2024 | +1.9% | +4.0% |
| March 31, 2024 | +7.9% | +10.0% |
| December 31, 2023 | +5.6% | +11.2% |
| September 30, 2023 | −0.4% | −3.6% |
| June 30, 2023 | +5.1% | +8.3% |
| March 31, 2023 | +2.7% | +7.0% |
| December 31, 2022 | +7.8% | +7.1% |
| September 30, 2022 | −2.0% | −5.3% |
| June 30, 2022 | −15.7% | −16.5% |
| March 31, 2022 | +0.2% | −4.9% |
| December 31, 2021 | +9.0% | +10.7% |
| September 30, 2021 | −0.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Pecaut & Co. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1597200&type=13F-HR&dateb=&owner=include&count=40CIK 1597200
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1597200/000139834426013359/Filed August 3, 2026 · accession 0001398344-26-013359