Chapman Investment Management, LLC Long-Term Concentrated

Location: San Anselmo, CA

CIK: 0001751006 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 5, 2025

Total Value: $143M (100.0% shares, 0.0% debt)

Holdings (29)

COST COSTCO WHSL CORP NEW 10.4%

Value $14.96M Shares 15,111 Est. Cost $291.54 Unrealized +239.8%

MSFT MICROSOFT CORP 10.3%

Value $14.73M Shares 29,615 Est. Cost $166.84 Unrealized +159.2%

MA MASTERCARD INCORPORATED 8.1%

Value $11.67M Shares 20,766 Est. Cost $291.22 Unrealized +89.4%

MELI MERCADOLIBRE INC 7.6%

Value $10.9M Shares 4,169 Est. Cost $1278.12 Unrealized +82.7%

AMZN AMAZON COM INC 7.5%

Value $10.7M Shares 48,787 Est. Cost $124.37 Unrealized +59.1%

V VISA INC 7.1%

Value $10.17M Shares 28,635 Est. Cost $182.61 Unrealized +90.0%

MKL MARKEL GROUP INC 6.7%

Value $9.551M Shares 4,782 Est. Cost $1366.67 Unrealized +37.2%

AAPL APPLE INC 5.0%

Value $7.234M Shares 35,260 Est. Cost $113.19 Unrealized +77.9%

AXP AMERICAN EXPRESS CO 4.8%

Value $6.838M Shares 21,438 Est. Cost $169.01 Unrealized +65.3%

WM WASTE MGMT INC DEL 4.0%

Value $5.777M Shares 25,249 Est. Cost $116.67 Unrealized +96.8%

CTAS CINTAS CORP 3.9%

Value $5.589M Shares 25,077 Est. Cost $169.06 Unrealized +26.6%

GEHC GE HEALTHCARE TECHNOLOGIES I 3.7%

Value $5.309M Shares 71,677 Est. Cost $71.12 Unrealized -2.2%

JPM JPMORGAN CHASE & CO. 2.7%

Value $3.804M Shares 13,121 Est. Cost $110.81 Unrealized +128.0%

SPGI S&P GLOBAL INC 2.5%

Value $3.592M Shares 6,813 Est. Cost $507.37 Unrealized -2.1%

ACN ACCENTURE PLC IRELAND 2.3%

Value $3.357M Shares 11,230 Est. Cost $187.52 Unrealized +61.5%

ZTS ZOETIS INC 2.3%

Value $3.283M Shares 21,053 Est. Cost $125.91 Unrealized +25.0%

UBER UBER TECHNOLOGIES INC 2.1%

Value $3.072M Shares 32,926 Est. Cost $65.84 Unrealized +25.0%

LLY ELI LILLY & CO 1.7%

Value $2.408M Shares 3,089 Est. Cost $715.24 Unrealized +8.1%

EXPD EXPEDITORS INTL WASH INC 1.6%

Value $2.316M Shares 20,273 Est. Cost $93.80 Unrealized +18.2%

DIS DISNEY WALT CO 1.3%

Value $1.813M Shares 14,621 Est. Cost $120.91 Unrealized -15.0%

ISRG INTUITIVE SURGICAL INC 1.0%

Value $1.454M Shares 2,676 Est. Cost $430.82 Unrealized +21.4%

SPY SPDR S&P 500 ETF TR 0.9%

Value $1.233M Shares 1,996 Est. Cost $432.70 Unrealized —

CMG CHIPOTLE MEXICAN GRILL INC 0.7%

Value $1.063M Shares 18,935 Est. Cost $61.09 Unrealized -16.7%

ORLY OREILLY AUTOMOTIVE INC 0.5%

Value $696K Shares 7,725 Est. Cost $89.78 Unrealized +1.6%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.4%

Value $632K Shares 1,300 Est. Cost $282.01 Unrealized +80.1%

CVX CHEVRON CORP NEW 0.2%

Value $291K Shares 2,033 Est. Cost $102.46 Unrealized +33.7%

META META PLATFORMS INC 0.2%

Value $291K Shares 394 Est. Cost $616.61 Unrealized 0.0%

XOM EXXON MOBIL CORP 0.2%

Value $291K Shares 2,695 Est. Cost $80.11 Unrealized +30.5%

WTM WHITE MTNS INS GROUP LTD 0.2%

Value $257K Shares 143 Est. Cost $1116.81 Unrealized +59.3%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
COST	COSTCO WHSL CORP NEW	15,111	$14.96M	10.4%	$291.54	+239.8%	COM	22160K105
MSFT	MICROSOFT CORP	29,615	$14.73M	10.3%	$166.84	+159.2%	COM	594918104
MA	MASTERCARD INCORPORATED	20,766	$11.67M	8.1%	$291.22	+89.4%	CL A	57636Q104
MELI	MERCADOLIBRE INC	4,169	$10.9M	7.6%	$1278.12	+82.7%	COM	58733R102
AMZN	AMAZON COM INC	48,787	$10.7M	7.5%	$124.37	+59.1%	COM	023135106
V	VISA INC	28,635	$10.17M	7.1%	$182.61	+90.0%	COM CL A	92826C839
MKL	MARKEL GROUP INC	4,782	$9.551M	6.7%	$1366.67	+37.2%	COM	570535104
AAPL	APPLE INC	35,260	$7.234M	5.0%	$113.19	+77.9%	COM	037833100
AXP	AMERICAN EXPRESS CO	21,438	$6.838M	4.8%	$169.01	+65.3%	COM	025816109
WM	WASTE MGMT INC DEL	25,249	$5.777M	4.0%	$116.67	+96.8%	COM	94106L109
CTAS	CINTAS CORP	25,077	$5.589M	3.9%	$169.06	+26.6%	COM	172908105
GEHC	GE HEALTHCARE TECHNOLOGIES I	71,677	$5.309M	3.7%	$71.12	-2.2%	COMMON STOCK	36266G107
JPM	JPMORGAN CHASE & CO.	13,121	$3.804M	2.7%	$110.81	+128.0%	COM	46625H100
SPGI	S&P GLOBAL INC	6,813	$3.592M	2.5%	$507.37	-2.1%	COM	78409V104
ACN	ACCENTURE PLC IRELAND	11,230	$3.357M	2.3%	$187.52	+61.5%	SHS CLASS A	G1151C101
ZTS	ZOETIS INC	21,053	$3.283M	2.3%	$125.91	+25.0%	CL A	98978V103
UBER	UBER TECHNOLOGIES INC	32,926	$3.072M	2.1%	$65.84	+25.0%	COM	90353T100
LLY	ELI LILLY & CO	3,089	$2.408M	1.7%	$715.24	+8.1%	COM	532457108
EXPD	EXPEDITORS INTL WASH INC	20,273	$2.316M	1.6%	$93.80	+18.2%	COM	302130109
DIS	DISNEY WALT CO	14,621	$1.813M	1.3%	$120.91	-15.0%	COM	254687106
ISRG	INTUITIVE SURGICAL INC	2,676	$1.454M	1.0%	$430.82	+21.4%	COM NEW	46120E602
SPY	SPDR S&P 500 ETF TR	1,996	$1.233M	0.9%	$432.70	—	TR UNIT	78462F103
CMG	CHIPOTLE MEXICAN GRILL INC	18,935	$1.063M	0.7%	$61.09	-16.7%	COM	169656105
ORLY	OREILLY AUTOMOTIVE INC	7,725	$696K	0.5%	$89.78	+1.6%	COM	67103H107
BRK/B	BERKSHIRE HATHAWAY INC DEL	1,300	$632K	0.4%	$282.01	+80.1%	CL B NEW	084670702
CVX	CHEVRON CORP NEW	2,033	$291K	0.2%	$102.46	+33.7%	COM	166764100
META	META PLATFORMS INC	394	$291K	0.2%	$616.61	0.0%	CL A	30303M102
XOM	EXXON MOBIL CORP	2,695	$291K	0.2%	$80.11	+30.5%	COM	30231G102
WTM	WHITE MTNS INS GROUP LTD	143	$257K	0.2%	$1116.81	+59.3%	COM	G9618E107