LOCUST WOOD CAPITAL ADVISERS, LLC Hedge Fund

Location: New York, NY

CIK: 0001349434 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 11, 2026

Total Value: $4.139B (100.0% shares, 0.0% debt)

Holdings (38)

LIN LINDE PLC 6.8%

Value $281M Shares 659,574 Est. Cost $371.72 Unrealized +14.9%

MSFT MICROSOFT CORP 6.6%

Value $271M Shares 560,690 Est. Cost $350.79 Unrealized +42.7%

AMZN AMAZON COM INC 6.5%

Value $268M Shares 1,161,686 Est. Cost $164.00 Unrealized +39.5%

TSM TAIWAN SEMICONDUCTOR MFG LTD 5.4%

Value $225M Shares 741,845 Est. Cost $105.76 Unrealized —

GOOGL ALPHABET INC 4.4%

Value $182M Shares 581,015 Est. Cost $123.34 Unrealized +131.6%

GEHC GE HEALTHCARE TECHNOLOGIES I 4.2%

Value $174M Shares 2,127,495 Est. Cost $79.25 Unrealized -1.7%

NVDA NVIDIA CORPORATION 4.1%

Value $172M Shares 920,707 Est. Cost $139.12 Unrealized +33.8%

GPGI COMPOSECURE INC 4.1%

Value $171M Shares 8,864,129 Est. Cost $11.37 Unrealized +75.5%

SPGI S&P GLOBAL INC 3.9%

Value $163M Shares 311,932 Est. Cost $417.48 Unrealized +18.4%

AAPL APPLE INC 3.5%

Value $147M Shares 538,995 Est. Cost $170.01 Unrealized +57.8%

VRT VERTIV HOLDINGS CO 3.3%

Value $137M Shares 845,915 Est. Cost $36.95 Unrealized +369.8%

PCG PG&E CORP 3.3%

Value $137M Shares 8,507,612 Est. Cost $15.48 Unrealized +2.8%

V VISA INC 3.1%

Value $129M Shares 367,413 Est. Cost $254.24 Unrealized +33.9%

CSX CSX CORP 3.1%

Value $128M Shares 3,530,430 Est. Cost $34.76 Unrealized +2.7%

ESI ELEMENT SOLUTIONS INC 2.9%

Value $121M Shares 4,837,611 Est. Cost $18.00 Unrealized +44.0%

ABT ABBOTT LABS 2.9%

Value $120M Shares 956,764 Est. Cost $102.71 Unrealized +23.9%

STE STERIS PLC 2.7%

Value $113M Shares 446,401 Est. Cost $208.76 Unrealized +20.3%

RHLD RESOLUTE HLDGS MGMT INC 2.7%

Value $112M Shares 543,969 Est. Cost $35.66 Unrealized +314.8%

WM WASTE MGMT INC DEL 2.4%

Value $98.5M Shares 448,341 Est. Cost $170.48 Unrealized +24.7%

REZI RESIDEO TECHNOLOGIES INC 2.2%

Value $93.06M Shares 2,649,691 Est. Cost $34.44 Unrealized +7.5%

CRM SALESFORCE INC 2.2%

Value $89.55M Shares 338,038 Est. Cost $231.81 Unrealized +7.1%

SHW SHERWIN WILLIAMS CO 2.1%

Value $87.36M Shares 269,595 Est. Cost $342.93 Unrealized -2.6%

NKE NIKE INC 2.0%

Value $81.72M Shares 1,282,705 Est. Cost $72.37 Unrealized -10.3%

SU SUNCOR ENERGY INC NEW 1.9%

Value $79.14M Shares 1,784,089 Est. Cost $25.14 Unrealized +68.1%

SPY SPDR S&P 500 ETF TR 1.7%

Value $70.58M Shares 103,500 Est. Cost — Unrealized —

NOW SERVICENOW INC 1.7%

Value $68.68M Shares 448,310 Est. Cost $174.74 Unrealized -1.8%

CP CANADIAN PACIFIC KANSAS CITY 1.6%

Value $65.41M Shares 888,326 Est. Cost $77.17 Unrealized -4.6%

META META PLATFORMS INC 1.6%

Value $64.29M Shares 97,395 Est. Cost $667.32 Unrealized 0.0%

AXTA AXALTA COATING SYS LTD 1.5%

Value $64.08M Shares 1,983,338 Est. Cost $32.07 Unrealized -8.5%

ELV ELEVANCE HEALTH INC FORMERLY 1.2%

Value $49.8M Shares 142,053 Est. Cost $404.09 Unrealized -16.7%

APO APOLLO GLOBAL MGMT INC 1.2%

Value $48.76M Shares 336,837 Est. Cost $65.52 Unrealized +102.3%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.8%

Value $34.51M Shares 68,660 Est. Cost $343.62 Unrealized +44.8%

LIN LINDE PLC 0.7%

Value $29.42M Shares 69,000 Est. Cost $371.72 Unrealized +14.9%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.4%

Value $18.12M Shares 24 Est. Cost $165023.42 Unrealized +352.3%

MSFT MICROSOFT CORP 0.4%

Value $15.48M Shares 32,000 Est. Cost $350.79 Unrealized +42.7%

PCG PG&E CORP 0.3%

Value $14.27M Shares 888,000 Est. Cost $15.48 Unrealized +2.8%

ABT ABBOTT LABS 0.3%

Value $14.22M Shares 113,500 Est. Cost $102.71 Unrealized +23.9%

CZR CAESARS ENTERTAINMENT INC NE 0.0%

Value $430K Shares 18,400 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LIN	LINDE PLC	659,574	$281M	6.8%	$371.72	+14.9%	SHS	G54950103
MSFT	MICROSOFT CORP	560,690	$271M	6.6%	$350.79	+42.7%	COM	594918104
AMZN	AMAZON COM INC	1,161,686	$268M	6.5%	$164.00	+39.5%	COM	023135106
TSM	TAIWAN SEMICONDUCTOR MFG LTD	741,845	$225M	5.4%	$105.76	—	SPONSORED ADS	874039100
GOOGL	ALPHABET INC	581,015	$182M	4.4%	$123.34	+131.6%	CAP STK CL A	02079K305
GEHC	GE HEALTHCARE TECHNOLOGIES I	2,127,495	$174M	4.2%	$79.25	-1.7%	COMMON STOCK	36266G107
NVDA	NVIDIA CORPORATION	920,707	$172M	4.1%	$139.12	+33.8%	COM	67066G104
GPGI	COMPOSECURE INC	8,864,129	$171M	4.1%	$11.37	+75.5%	COM CL A	20459V105
SPGI	S&P GLOBAL INC	311,932	$163M	3.9%	$417.48	+18.4%	COM	78409V104
AAPL	APPLE INC	538,995	$147M	3.5%	$170.01	+57.8%	COM	037833100
VRT	VERTIV HOLDINGS CO	845,915	$137M	3.3%	$36.95	+369.8%	COM CL A	92537N108
PCG	PG&E CORP	8,507,612	$137M	3.3%	$15.48	+2.8%	COM	69331C108
V	VISA INC	367,413	$129M	3.1%	$254.24	+33.9%	COM CL A	92826C839
CSX	CSX CORP	3,530,430	$128M	3.1%	$34.76	+2.7%	COM	126408103
ESI	ELEMENT SOLUTIONS INC	4,837,611	$121M	2.9%	$18.00	+44.0%	COM	28618M106
ABT	ABBOTT LABS	956,764	$120M	2.9%	$102.71	+23.9%	COM	002824100
STE	STERIS PLC	446,401	$113M	2.7%	$208.76	+20.3%	SHS USD	G8473T100
RHLD	RESOLUTE HLDGS MGMT INC	543,969	$112M	2.7%	$35.66	+314.8%	COM	76134H101
WM	WASTE MGMT INC DEL	448,341	$98.5M	2.4%	$170.48	+24.7%	COM	94106L109
REZI	RESIDEO TECHNOLOGIES INC	2,649,691	$93.06M	2.2%	$34.44	+7.5%	COM	76118Y104
CRM	SALESFORCE INC	338,038	$89.55M	2.2%	$231.81	+7.1%	COM	79466L302
SHW	SHERWIN WILLIAMS CO	269,595	$87.36M	2.1%	$342.93	-2.6%	COM	824348106
NKE	NIKE INC	1,282,705	$81.72M	2.0%	$72.37	-10.3%	CL B	654106103
SU	SUNCOR ENERGY INC NEW	1,784,089	$79.14M	1.9%	$25.14	+68.1%	COM	867224107
SPY	SPDR S&P 500 ETF TR	103,500	$70.58M	1.7%	—	—	Put	78462F103
NOW	SERVICENOW INC	448,310	$68.68M	1.7%	$174.74	-1.8%	COM	81762P102
CP	CANADIAN PACIFIC KANSAS CITY	888,326	$65.41M	1.6%	$77.17	-4.6%	COM	13646K108
META	META PLATFORMS INC	97,395	$64.29M	1.6%	$667.32	0.0%	CL A	30303M102
AXTA	AXALTA COATING SYS LTD	1,983,338	$64.08M	1.5%	$32.07	-8.5%	COM	G0750C108
ELV	ELEVANCE HEALTH INC FORMERLY	142,053	$49.8M	1.2%	$404.09	-16.7%	COM	036752103
APO	APOLLO GLOBAL MGMT INC	336,837	$48.76M	1.2%	$65.52	+102.3%	COM	03769M106
BRK/B	BERKSHIRE HATHAWAY INC DEL	68,660	$34.51M	0.8%	$343.62	+44.8%	CL B NEW	084670702
LIN	LINDE PLC	69,000	$29.42M	0.7%	$371.72	+14.9%	Call	G54950103
BRK/A	BERKSHIRE HATHAWAY INC DEL	24	$18.12M	0.4%	$165023.42	+352.3%	CL A	084670108
MSFT	MICROSOFT CORP	32,000	$15.48M	0.4%	$350.79	+42.7%	Call	594918104
PCG	PG&E CORP	888,000	$14.27M	0.3%	$15.48	+2.8%	Call	69331C108
ABT	ABBOTT LABS	113,500	$14.22M	0.3%	$102.71	+23.9%	Call	002824100
CZR	CAESARS ENTERTAINMENT INC NE	18,400	$430K	0.0%	—	—	Call	12769G100