1y return−3.0%S&P 500 +20.9%
3y return+40.7%S&P 500 +68.5%
5y return+34.4%S&P 500 +74.5%
10y return+197.8%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
Timucuan Asset Management Inc/flS&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 |
|---|---|---|---|
| SCHWCharles Schwab Corporation | $271.0M | 10.0% | |
| SGISomnigroup International | $233.3M | 8.6% | +1.2% |
| BKNGBooking Hldgs Inc | $210.6M | 7.8% | |
| PGRProgressive Corporation | $198.6M | 7.3% | |
| THOThor Inds Inc Com | $192.4M | 7.1% | |
| AXPAmerican Express Co Com | $191.5M | 7.0% | |
| ANETArista Networks Inc | $155.1M | 5.7% | |
| FNDFloor And Decor Holdings Inc | $153.5M | 5.6% | |
| BRK/BBerkshire Hathaway Inc Del Cl | $151.2M | 5.6% | |
| IBPInstalled Building Products In | $149.9M | 5.5% | −21.1% |
| ABGAsbury Automotive Group | $142.1M | 5.2% | |
| AWIArmstrong World Industries Inc | $125.8M | 4.6% | +39.2% |
| BRK/ABerkshire Hathaway Inc Del Cl | $119.8M | 4.4% | −2.4% |
| MCMoelis And Company | $98.3M | 3.6% | |
| KNSLKinsale Capital Group Inc | $94.1M | 3.5% | +57.6% |
| ADIAnalog Devices Inc | $88.1M | 3.2% | −67.4% |
| NVRNvr Inc | $78.9M | 2.9% | +1.6% |
| GOOSCanada Goose Holdings Inc | $16.7M | 0.6% | |
| PATKPatrick Industries Inc | $14.0M | 0.5% | +6.8% |
| LKFNLakeland Financial Corporation | $13.0M | 0.5% | |
| FWRDForward Air Corp | $5.4M | 0.2% | New |
| Clarivate PLCCUSIP G21810109 | $4.9M | 0.2% | |
| Smurfit Westrock PLCCUSIP G8267P108 | $4.9M | 0.2% | |
| WHRWhirlpool Corp | $2.1M | 0.1% | |
| IPInternational Paper | $1.1M | 0.0% | −1.3% |
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 |
|---|---|---|---|
| SGISomnigroup International | June 30, 2020 | +335.9% | $233.3M |
| AXPAmerican Express Co Com | June 30, 2020 | +255.3% | $191.5M |
| ADIAnalog Devices Inc | June 30, 2020 | +223.9% | $88.1M |
| BRK/BBerkshire Hathaway Inc Del Cl | June 30, 2020 | +180.3% | $151.2M |
| BRK/ABerkshire Hathaway Inc Del Cl | June 30, 2020 | +180.2% | $119.8M |
| BKNGBooking Hldgs Inc | June 30, 2020 | +179.8% | $210.6M |
| SCHWCharles Schwab Corporation | June 30, 2020 | +173.5% | $271.0M |
| PGRProgressive Corporation | June 30, 2020 | +172.7% | $198.6M |
| AWIArmstrong World Industries Inc | September 30, 2020 | +133.1% | $125.8M |
| MCMoelis And Company | June 30, 2020 | +110.0% | $98.3M |
Sold off last quarter
- Burford Capital LtdCUSIP G17977110 was $5.0M
- IESCIes Holdings Inc was $2.4M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +5.8% | +14.8% |
| March 31, 2026 | −10.3% | −4.6% |
| December 31, 2025 | −3.4% | +2.4% |
| September 30, 2025 | +5.8% | +7.8% |
| June 30, 2025 | +7.5% | +10.5% |
| March 31, 2025 | −4.2% | −4.6% |
| December 31, 2024 | +1.6% | +2.1% |
| September 30, 2024 | +10.8% | +5.4% |
| June 30, 2024 | −2.6% | +4.0% |
| March 31, 2024 | +11.7% | +10.0% |
| December 31, 2023 | +17.3% | +11.2% |
| September 30, 2023 | −2.0% | −3.6% |
| June 30, 2023 | +7.8% | +8.3% |
| March 31, 2023 | +11.2% | +7.0% |
| December 31, 2022 | +6.7% | +7.1% |
| September 30, 2022 | −3.3% | −5.3% |
| June 30, 2022 | −17.5% | −16.5% |
| March 31, 2022 | −7.6% | −4.9% |
| December 31, 2021 | +1.8% | +10.7% |
| September 30, 2021 | −0.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Timucuan Asset Management Inc/fl Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1034541&type=13F-HR&dateb=&owner=include&count=40CIK 1034541
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1034541/000103454126000007/Filed August 13, 2026 · accession 0001034541-26-000007