Matthew 25 Management Corp Long-Term Concentrated

CIK: 0001351431 · Show all filings

Period: Q3 2014 (← Previous) (Next →)

Filing Date: Nov 6, 2014

Total Value ($000): $885,208 (100.0% shares, 0.0% debt)

Holdings (30)

AAPL Apple, Inc. 15.6%

Value ($000) $138,531 Shares 1,375,000 Est. Cost $17.97 Unrealized +20.4%

— Cabela's Inc. 6.8%

Value ($000) $59,931 Shares 1,017,500 Est. Cost $21203.54 Unrealized —

GS Goldman Sachs Group, Inc. 5.7%

Value ($000) $50,665 Shares 276,000 Est. Cost $123.31 Unrealized +14.0%

FDX FedEx Corporation 5.3%

Value ($000) $46,821 Shares 290,000 Est. Cost $83.09 Unrealized +55.3%

BRK/A Berkshire Hathaway Inc. Class A 5.3%

Value ($000) $46,553 Shares 225 Est. Cost $168581.97 Unrealized +18.5%

BDN Brandywine Realty Trust 5.0%

Value ($000) $44,392 Shares 3,155,100 Est. Cost $3197.71 Unrealized —

PII Polaris Industries, Inc. 5.0%

Value ($000) $44,338 Shares 296,000 Est. Cost $92.71 Unrealized +55.9%

— Scripps Networks Interactive, Inc 4.9%

Value ($000) $43,340 Shares 555,000 Est. Cost $14625.93 Unrealized —

JPM JP Morgan Chase & Co 4.8%

Value ($000) $42,620 Shares 707,500 Est. Cost $39.16 Unrealized +10.2%

— KKR & Co. LP 4.6%

Value ($000) $40,921 Shares 1,835,000 Est. Cost $2518.90 Unrealized —

MA Mastercard Inc. 4.5%

Value ($000) $39,695 Shares 537,000 Est. Cost $70.40 Unrealized +1.0%

TELFY Telefonica SA 4.3%

Value ($000) $37,657 Shares 2,450,000 Est. Cost $2603.39 Unrealized —

CAT Caterpillar, Inc. 3.7%

Value ($000) $32,977 Shares 333,000 Est. Cost $62.40 Unrealized +27.0%

HAL Halliburton Co. 3.1%

Value ($000) $27,739 Shares 430,000 Est. Cost $36.26 Unrealized +52.3%

EWBC East West Bancorp, Inc. 2.6%

Value ($000) $22,950 Shares 675,000 Est. Cost $19.15 Unrealized +39.8%

— Kansas City Southern 2.5%

Value ($000) $21,816 Shares 180,000 Est. Cost $31330.92 Unrealized —

— Google, Inc. 2.3%

Value ($000) $20,669 Shares 35,800 Est. Cost $575280.00 Unrealized —

— Google, Inc. 2.1%

Value ($000) $18,241 Shares 31,000 Est. Cost $110592.96 Unrealized —

DVN Devon Energy Corporation 2.1%

Value ($000) $18,204 Shares 267,000 Est. Cost $38.26 Unrealized +31.5%

KELYA Kelly Services, Inc. 1.6%

Value ($000) $14,181 Shares 905,000 Est. Cost $15.31 Unrealized -6.9%

KMI Kinder Morgan, Inc. 1.6%

Value ($000) $13,994 Shares 365,000 Est. Cost $20.00 Unrealized +7.1%

— Boardwalk Pipeline Partners, LP 1.3%

Value ($000) $11,220 Shares 600,000 Est. Cost $15153.63 Unrealized —

— Ryland Group Inc. 1.2%

Value ($000) $10,953 Shares 329,500 Est. Cost $17972.59 Unrealized —

DHI DR Horton Inc. 1.2%

Value ($000) $10,568 Shares 515,000 Est. Cost $19.74 Unrealized -1.5%

— The Fresh Market, Inc. 1.1%

Value ($000) $9,518 Shares 272,500 Est. Cost $23699.76 Unrealized —

— Biglari Holdings Inc. 0.9%

Value ($000) $7,940 Shares 23,370 Est. Cost $71362.73 Unrealized —

— K12, Inc. 0.5%

Value ($000) $4,868 Shares 305,000 Est. Cost $11557.97 Unrealized —

— JP Morgan Chase & Co. 0.4%

Value ($000) $3,117 Shares 155,000 Est. Cost $39956.16 Unrealized —

— Kinder Morgan Inc. Warrant 0.1%

Value ($000) $601 Shares 165,000 Est. Cost $447.35 Unrealized —

KELYB Kelly Services, Inc. 0.0%

Value ($000) $188 Shares 12,000 Est. Cost $16.20 Unrealized -11.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	Apple, Inc.	1,375,000	$138,531	15.6%	$17.97	+20.4%	COM	037833100
—	Cabela's Inc.	1,017,500	$59,931	6.8%	$21203.54	—	COM	126804301
GS	Goldman Sachs Group, Inc.	276,000	$50,665	5.7%	$123.31	+14.0%	COM	38141G104
FDX	FedEx Corporation	290,000	$46,821	5.3%	$83.09	+55.3%	COM	31428X106
BRK/A	Berkshire Hathaway Inc. Class A	225	$46,553	5.3%	$168581.97	+18.5%	CLA	084670108
BDN	Brandywine Realty Trust	3,155,100	$44,392	5.0%	$3197.71	—	SH BEN	105368203
PII	Polaris Industries, Inc.	296,000	$44,338	5.0%	$92.71	+55.9%	COM	731068102
—	Scripps Networks Interactive, Inc	555,000	$43,340	4.9%	$14625.93	—	COM	811065101
JPM	JP Morgan Chase & Co	707,500	$42,620	4.8%	$39.16	+10.2%	COM	46625H100
—	KKR & Co. LP	1,835,000	$40,921	4.6%	$2518.90	—	COM	48248M102
MA	Mastercard Inc.	537,000	$39,695	4.5%	$70.40	+1.0%	CLA	57636Q104
TELFY	Telefonica SA	2,450,000	$37,657	4.3%	$2603.39	—	ADR	879382208
CAT	Caterpillar, Inc.	333,000	$32,977	3.7%	$62.40	+27.0%	COM	149123101
HAL	Halliburton Co.	430,000	$27,739	3.1%	$36.26	+52.3%	COM	406216101
EWBC	East West Bancorp, Inc.	675,000	$22,950	2.6%	$19.15	+39.8%	COM	27579R104
—	Kansas City Southern	180,000	$21,816	2.5%	$31330.92	—	COM	485170302
—	Google, Inc.	35,800	$20,669	2.3%	$575280.00	—	CLC	38259P706
—	Google, Inc.	31,000	$18,241	2.1%	$110592.96	—	CLA	38259P508
DVN	Devon Energy Corporation	267,000	$18,204	2.1%	$38.26	+31.5%	COM	25179M103
KELYA	Kelly Services, Inc.	905,000	$14,181	1.6%	$15.31	-6.9%	CLA	488152208
KMI	Kinder Morgan, Inc.	365,000	$13,994	1.6%	$20.00	+7.1%	COM	49456B101
—	Boardwalk Pipeline Partners, LP	600,000	$11,220	1.3%	$15153.63	—	UT LTD PART	096627104
—	Ryland Group Inc.	329,500	$10,953	1.2%	$17972.59	—	COM	783764103
DHI	DR Horton Inc.	515,000	$10,568	1.2%	$19.74	-1.5%	COM	23331A109
—	The Fresh Market, Inc.	272,500	$9,518	1.1%	$23699.76	—	COM	35804H106
—	Biglari Holdings Inc.	23,370	$7,940	0.9%	$71362.73	—	COM	08986R101
—	K12, Inc.	305,000	$4,868	0.5%	$11557.97	—	COM	48273U102
—	JP Morgan Chase & Co.	155,000	$3,117	0.4%	$39956.16	—	W EXP	46634E114
—	Kinder Morgan Inc. Warrant	165,000	$601	0.1%	$447.35	—	W EXP	49456B119
KELYB	Kelly Services, Inc.	12,000	$188	0.0%	$16.20	-11.5%	CLB	488152307