Aldebaran Capital, LLC Long-Term Concentrated

Location: Carmel, IN

CIK: 0001448430 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 12, 2026

Total Value: $112M (100.0% shares, 0.0% debt)

Holdings (35)

BRK/B BERKSHIRE HATHAWAY INC DEL 18.1%

Value $20.2M Shares 40,187 Est. Cost $296.98 Unrealized +67.5%

LLY LILLY ELI & CO 8.7%

Value $9.707M Shares 9,032 Est. Cost $430.11 Unrealized +122.2%

MSFT MICROSOFT CORP 7.9%

Value $8.773M Shares 18,140 Est. Cost $234.05 Unrealized +113.9%

BG BUNGE LIMITED 7.5%

Value $8.373M Shares 93,995 Est. Cost $99.54 Unrealized -7.7%

OXY OCCIDENTAL PETE CORP 5.9%

Value $6.564M Shares 159,634 Est. Cost $63.79 Unrealized -34.9%

BAC BANK AMERICA CORP 5.2%

Value $5.792M Shares 105,312 Est. Cost $31.71 Unrealized +66.1%

IWS ISHARES TR RUS MDCP VAL 5.1%

Value $5.667M Shares 40,177 Est. Cost $126.08 Unrealized —

SU SUNCOR ENERGY INC NEW 4.6%

Value $5.115M Shares 115,311 Est. Cost $29.13 Unrealized +45.1%

CVX CHEVRON CORP NEW 3.6%

Value $4.042M Shares 26,521 Est. Cost $152.23 Unrealized -0.5%

JPM JPMORGAN CHASE & CO 3.3%

Value $3.635M Shares 11,282 Est. Cost $117.65 Unrealized +163.1%

CATO CATO CORP NEW 2.9%

Value $3.221M Shares 1,042,448 Est. Cost $7.25 Unrealized -49.3%

ACRS ACLARIS THERAPEUTICS INC 2.6%

Value $2.872M Shares 954,262 Est. Cost $1.18 Unrealized +113.4%

BCI ABRDN ETFS 2.5%

Value $2.813M Shares 144,053 Est. Cost $22.06 Unrealized —

FCX FREEPORT-MCMORAN INC 2.2%

Value $2.48M Shares 48,835 Est. Cost $35.79 Unrealized +21.0%

VZ VERIZON COMMUNICATIONS INC 2.2%

Value $2.442M Shares 59,948 Est. Cost $35.07 Unrealized +15.4%

AMLX AMYLYX PHARMACEUTICALS INC 2.2%

Value $2.398M Shares 198,508 Est. Cost $1.94 Unrealized +600.9%

CENX CENTURY ALUM CO 2.0%

Value $2.261M Shares 57,700 Est. Cost $7.55 Unrealized +313.6%

MOH MOLINA HEALTHCARE INC 2.0%

Value $2.195M Shares 12,651 Est. Cost $164.37 Unrealized 0.0%

SIRI SIRIUS XM HOLDINGS INC 1.9%

Value $2.126M Shares 106,347 Est. Cost $23.77 Unrealized -9.6%

ENB ENBRIDGE INC 1.7%

Value $1.918M Shares 40,109 Est. Cost $31.84 Unrealized +47.9%

BRK/A BERKSHIRE HATHAWAY INC DEL 1.4%

Value $1.51M Shares 2 Est. Cost $448761.72 Unrealized +66.3%

PATK PATRICK INDS INC 1.3%

Value $1.504M Shares 13,872 Est. Cost $50.71 Unrealized +106.4%

RELL RICHARDSON ELECTRS LTD 1.2%

Value $1.294M Shares 118,979 Est. Cost $21.13 Unrealized -50.0%

TECX TECTONIC THERAPEUTIC INC 0.7%

Value $779K Shares 37,353 Est. Cost $15.77 Unrealized +17.8%

PMVP PMV PHARMACEUTICALS INC 0.5%

Value $597K Shares 477,988 Est. Cost $1.72 Unrealized -21.9%

KZR KEZAR LIFE SCIENCES INC 0.5%

Value $507K Shares 80,630 Est. Cost $5.83 Unrealized 0.0%

— AN2 THEREAPEUTICS INC 0.4%

Value $430K Shares 376,770 Est. Cost $1.06 Unrealized —

— DUKE ENERGY CORP NEW 0.4%

Value $422K Shares 3,600 Est. Cost $102.99 Unrealized —

— GENERAL ELECTRIC CO 0.3%

Value $385K Shares 1,251 Est. Cost $158.97 Unrealized —

F FORD MTR CO DEL 0.3%

Value $361K Shares 27,500 Est. Cost $10.02 Unrealized +28.0%

MBIN MERCHANTS BANCORP IND 0.3%

Value $345K Shares 10,125 Est. Cost $23.54 Unrealized +39.2%

AVIR ATEA PHARMACEUTICALS INC 0.3%

Value $323K Shares 90,529 Est. Cost $3.18 Unrealized 0.0%

GEV GE VERNOVA INC 0.2%

Value $217K Shares 332 Est. Cost $605.52 Unrealized +0.6%

IMA IMAGENEBIO INC 0.1%

Value $132K Shares 19,070 Est. Cost $13.25 Unrealized -44.1%

OKUR ONKURE THERAPEUTICS INC 0.1%

Value $120K Shares 41,284 Est. Cost $15.14 Unrealized -80.2%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	40,187	$20.2M	18.1%	$296.98	+67.5%	CL B NEW	084670702
LLY	LILLY ELI & CO	9,032	$9.707M	8.7%	$430.11	+122.2%	COM	532457108
MSFT	MICROSOFT CORP	18,140	$8.773M	7.9%	$234.05	+113.9%	COM	594918104
BG	BUNGE LIMITED	93,995	$8.373M	7.5%	$99.54	-7.7%	COM	H11356104
OXY	OCCIDENTAL PETE CORP	159,634	$6.564M	5.9%	$63.79	-34.9%	COM	674599105
BAC	BANK AMERICA CORP	105,312	$5.792M	5.2%	$31.71	+66.1%	COM	060505104
IWS	ISHARES TR RUS MDCP VAL	40,177	$5.667M	5.1%	$126.08	—	ETF	464287473
SU	SUNCOR ENERGY INC NEW	115,311	$5.115M	4.6%	$29.13	+45.1%	COM	867224107
CVX	CHEVRON CORP NEW	26,521	$4.042M	3.6%	$152.23	-0.5%	COM	166764100
JPM	JPMORGAN CHASE & CO	11,282	$3.635M	3.3%	$117.65	+163.1%	COM	46625H100
CATO	CATO CORP NEW	1,042,448	$3.221M	2.9%	$7.25	-49.3%	CL A	149205106
ACRS	ACLARIS THERAPEUTICS INC	954,262	$2.872M	2.6%	$1.18	+113.4%	COM	00461U105
BCI	ABRDN ETFS	144,053	$2.813M	2.5%	$22.06	—	BBRG ALL COMD K1	003261104
FCX	FREEPORT-MCMORAN INC	48,835	$2.48M	2.2%	$35.79	+21.0%	CL B	35671D857
VZ	VERIZON COMMUNICATIONS INC	59,948	$2.442M	2.2%	$35.07	+15.4%	COM	92343V104
AMLX	AMYLYX PHARMACEUTICALS INC	198,508	$2.398M	2.2%	$1.94	+600.9%	COM	03237H101
CENX	CENTURY ALUM CO	57,700	$2.261M	2.0%	$7.55	+313.6%	COM	156431108
MOH	MOLINA HEALTHCARE INC	12,651	$2.195M	2.0%	$164.37	0.0%	COM	60855R100
SIRI	SIRIUS XM HOLDINGS INC	106,347	$2.126M	1.9%	$23.77	-9.6%	COMMON STOCK	829933100
ENB	ENBRIDGE INC	40,109	$1.918M	1.7%	$31.84	+47.9%	COM	29250N105
BRK/A	BERKSHIRE HATHAWAY INC DEL	2	$1.51M	1.4%	$448761.72	+66.3%	CL A	084670108
PATK	PATRICK INDS INC	13,872	$1.504M	1.3%	$50.71	+106.4%	COM	703343103
RELL	RICHARDSON ELECTRS LTD	118,979	$1.294M	1.2%	$21.13	-50.0%	COM	763165107
TECX	TECTONIC THERAPEUTIC INC	37,353	$779K	0.7%	$15.77	+17.8%	COM	878972108
PMVP	PMV PHARMACEUTICALS INC	477,988	$597K	0.5%	$1.72	-21.9%	COM	69353Y103
KZR	KEZAR LIFE SCIENCES INC	80,630	$507K	0.5%	$5.83	0.0%	COM NEW	49372L209
—	AN2 THEREAPEUTICS INC	376,770	$430K	0.4%	$1.06	—	COM	373261056
—	DUKE ENERGY CORP NEW	3,600	$422K	0.4%	$102.99	—	COM NEW	26441C105
—	GENERAL ELECTRIC CO	1,251	$385K	0.3%	$158.97	—	COM	369604103
F	FORD MTR CO DEL	27,500	$361K	0.3%	$10.02	+28.0%	COM	345370860
MBIN	MERCHANTS BANCORP IND	10,125	$345K	0.3%	$23.54	+39.2%	COM	58844R108
AVIR	ATEA PHARMACEUTICALS INC	90,529	$323K	0.3%	$3.18	0.0%	COM	04683R106
GEV	GE VERNOVA INC	332	$217K	0.2%	$605.52	+0.6%	COM	36828A101
IMA	IMAGENEBIO INC	19,070	$132K	0.1%	$13.25	-44.1%	COM	45175G207
OKUR	ONKURE THERAPEUTICS INC	41,284	$120K	0.1%	$15.14	-80.2%	COM CL A	68277Q105