Eldred Rock Partners, LLC Long-Term Concentrated

Location: San Antonio, TX

CIK: 0001984180 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Jul 9, 2025

Total Value: $329M (100.0% shares, 0.0% debt)

Holdings (29)

TSM TAIWAN SEMICONDUCTOR MFG LTD 6.0%

Value $19.58M Shares 86,459 Share Price $226.49 Est. Cost/Share $159.61 Unrealized @ Report Date +41.9%

COF CAPITAL ONE FINL CORP 5.5%

Value $18.23M Shares 85,664 Share Price $212.76 Est. Cost/Share $185.05 Unrealized @ Report Date +14.2%

BN BROOKFIELD CORP 5.3%

Value $17.51M Shares 283,048 Share Price $61.85 * Est. Cost/Share $24.29 Unrealized @ Report Date +69.3%

GOOGL ALPHABET INC 4.9%

Value $16.06M Shares 91,127 Share Price $176.23 Est. Cost/Share $140.35 Unrealized @ Report Date +25.4%

LRCX LAM RESEARCH CORP 4.8%

Value $15.76M Shares 161,946 Share Price $97.34 Est. Cost/Share $75.27 Unrealized @ Report Date +28.9%

VNT VONTIER CORPORATION 4.8%

Value $15.65M Shares 423,991 Share Price $36.90 Est. Cost/Share $39.75 Unrealized @ Report Date -7.2%

BRK/B BERKSHIRE HATHAWAY INC DEL 4.2%

Value $13.71M Shares 28,219 Share Price $485.77 Est. Cost/Share $369.51 Unrealized @ Report Date +31.5%

ASML ASML HOLDING N V 4.1%

Value $13.52M Shares 16,866 Share Price $801.39 Est. Cost/Share $803.47 Unrealized @ Report Date -0.3%

EMR EMERSON ELEC CO 3.9%

Value $12.78M Shares 95,873 Share Price $133.33 Est. Cost/Share $92.29 Unrealized @ Report Date +43.3%

TXN TEXAS INSTRS INC 3.9%

Value $12.69M Shares 61,135 Share Price $207.62 Est. Cost/Share $157.88 Unrealized @ Report Date +29.4%

CALM CAL MAINE FOODS INC 3.6%

Value $11.89M Shares 119,383 Share Price $99.63 * Est. Cost/Share $48.46 Unrealized @ Report Date +96.3%

BNS BANK NOVA SCOTIA HALIFAX 3.5%

Value $11.44M Shares 206,993 Share Price $55.27 Est. Cost/Share $45.32 Unrealized @ Report Date +20.2%

NVO NOVO-NORDISK A S 3.5%

Value $11.4M Shares 165,219 Share Price $69.02 Est. Cost/Share $94.38 Unrealized @ Report Date -26.9%

CMI CUMMINS INC 3.4%

Value $11.34M Shares 34,631 Share Price $327.50 Est. Cost/Share $233.80 Unrealized @ Report Date +38.8%

JBHT HUNT J B TRANS SVCS INC 3.4%

Value $11.3M Shares 78,716 Share Price $143.60 Est. Cost/Share $162.98 Unrealized @ Report Date -12.4%

PSX PHILLIPS 66 3.3%

Value $10.76M Shares 90,184 Share Price $119.30 Est. Cost/Share $113.46 Unrealized @ Report Date +3.2%

WFC WELLS FARGO CO NEW 3.1%

Value $10.18M Shares 127,015 Share Price $80.12 Est. Cost/Share $56.79 Unrealized @ Report Date +39.5%

KMX CARMAX INC 3.0%

Value $9.889M Shares 147,143 Share Price $67.21 Est. Cost/Share $69.03 Unrealized @ Report Date -2.6%

NVS NOVARTIS AG 3.0%

Value $9.788M Shares 80,882 Share Price $121.01 Est. Cost/Share $106.58 Unrealized @ Report Date +13.5%

ACN ACCENTURE PLC IRELAND 2.9%

Value $9.384M Shares 31,396 Share Price $298.89 Est. Cost/Share $316.34 Unrealized @ Report Date -6.0%

— UNILEVER PLC 2.7%

Value $8.912M Shares 145,700 Share Price $61.17 Est. Cost/Share $59.12 Unrealized @ Report Date —

PEP PEPSICO INC 2.7%

Value $8.904M Shares 67,431 Share Price $132.04 Est. Cost/Share $156.42 Unrealized @ Report Date -17.2%

IBOC INTERNATIONAL BANCSHARES COR 2.6%

Value $8.634M Shares 129,715 Share Price $66.56 Est. Cost/Share $50.58 Unrealized @ Report Date +29.0%

ABEV AMBEV SA 2.6%

Value $8.555M Shares 3,549,857 Share Price $2.41 Est. Cost/Share $2.25 Unrealized @ Report Date +7.0%

MRK MERCK & CO INC 2.6%

Value $8.538M Shares 107,863 Share Price $79.16 Est. Cost/Share $97.79 Unrealized @ Report Date -20.5%

ICLR ICON PLC 2.3%

Value $7.655M Shares 52,627 Share Price $145.45 Est. Cost/Share $233.47 Unrealized @ Report Date -37.7%

DEO DIAGEO PLC 2.2%

Value $7.378M Shares 73,163 Share Price $100.84 Est. Cost/Share $128.39 Unrealized @ Report Date -21.5%

SHEL SHELL PLC 2.2%

Value $7.353M Shares 104,435 Share Price $70.41 Est. Cost/Share $68.88 Unrealized @ Report Date +2.2%

GOOG ALPHABET INC 0.1%

Value $216K Shares 1,218 Share Price $177.39 Est. Cost/Share $164.85 Unrealized @ Report Date +7.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TSM	TAIWAN SEMICONDUCTOR MFG LTD	86,459	$19.58M	6.0%	$226.49	$159.61	+41.9%	SPONSORED ADS	874039100
COF	CAPITAL ONE FINL CORP	85,664	$18.23M	5.5%	$212.76	$185.05	+14.2%	COM	14040H105
BN	BROOKFIELD CORP	283,048	$17.51M	5.3%	$61.85 *	$24.29	+69.3%	CL A LTD VT SH	11271J107
GOOGL	ALPHABET INC	91,127	$16.06M	4.9%	$176.23	$140.35	+25.4%	CAP STK CL A	02079K305
LRCX	LAM RESEARCH CORP	161,946	$15.76M	4.8%	$97.34	$75.27	+28.9%	COM NEW	512807306
VNT	VONTIER CORPORATION	423,991	$15.65M	4.8%	$36.90	$39.75	-7.2%	COM	928881101
BRK/B	BERKSHIRE HATHAWAY INC DEL	28,219	$13.71M	4.2%	$485.77	$369.51	+31.5%	CL B NEW	084670702
ASML	ASML HOLDING N V	16,866	$13.52M	4.1%	$801.39	$803.47	-0.3%	N Y REGISTRY SHS	N07059210
EMR	EMERSON ELEC CO	95,873	$12.78M	3.9%	$133.33	$92.29	+43.3%	COM	291011104
TXN	TEXAS INSTRS INC	61,135	$12.69M	3.9%	$207.62	$157.88	+29.4%	COM	882508104
CALM	CAL MAINE FOODS INC	119,383	$11.89M	3.6%	$99.63 *	$48.46	+96.3%	COM NEW	128030202
BNS	BANK NOVA SCOTIA HALIFAX	206,993	$11.44M	3.5%	$55.27	$45.32	+20.2%	COM	064149107
NVO	NOVO-NORDISK A S	165,219	$11.4M	3.5%	$69.02	$94.38	-26.9%	ADR	670100205
CMI	CUMMINS INC	34,631	$11.34M	3.4%	$327.50	$233.80	+38.8%	COM	231021106
JBHT	HUNT J B TRANS SVCS INC	78,716	$11.3M	3.4%	$143.60	$162.98	-12.4%	COM	445658107
PSX	PHILLIPS 66	90,184	$10.76M	3.3%	$119.30	$113.46	+3.2%	COM	718546104
WFC	WELLS FARGO CO NEW	127,015	$10.18M	3.1%	$80.12	$56.79	+39.5%	COM	949746101
KMX	CARMAX INC	147,143	$9.889M	3.0%	$67.21	$69.03	-2.6%	COM	143130102
NVS	NOVARTIS AG	80,882	$9.788M	3.0%	$121.01	$106.58	+13.5%	SPONSORED ADR	66987V109
ACN	ACCENTURE PLC IRELAND	31,396	$9.384M	2.9%	$298.89	$316.34	-6.0%	SHS CLASS A	G1151C101
—	UNILEVER PLC	145,700	$8.912M	2.7%	$61.17	$59.12	—	SPON ADR NEW	904767704
PEP	PEPSICO INC	67,431	$8.904M	2.7%	$132.04	$156.42	-17.2%	COM	713448108
IBOC	INTERNATIONAL BANCSHARES COR	129,715	$8.634M	2.6%	$66.56	$50.58	+29.0%	COM	459044103
ABEV	AMBEV SA	3,549,857	$8.555M	2.6%	$2.41	$2.25	+7.0%	SPONSORED ADR	02319V103
MRK	MERCK & CO INC	107,863	$8.538M	2.6%	$79.16	$97.79	-20.5%	COM	58933Y105
ICLR	ICON PLC	52,627	$7.655M	2.3%	$145.45	$233.47	-37.7%	SHS	G4705A100
DEO	DIAGEO PLC	73,163	$7.378M	2.2%	$100.84	$128.39	-21.5%	SPON ADR NEW	25243Q205
SHEL	SHELL PLC	104,435	$7.353M	2.2%	$70.41	$68.88	+2.2%	SPON ADS	780259305
GOOG	ALPHABET INC	1,218	$216K	0.1%	$177.39	$164.85	+7.4%	CAP STK CL C	02079K107