Chapman Investment Management, LLC Long-Term Concentrated

Location: San Anselmo, CA

CIK: 0001751006 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 4, 2026

Total Value: $137M (100.0% shares, 0.0% debt)

Holdings (27)

MSFT MICROSOFT CORP 10.6%

Value $14.44M Shares 29,851 Est. Cost $170.87 Unrealized +193.0%

COST COSTCO WHSL CORP NEW 9.2%

Value $12.53M Shares 14,528 Est. Cost $291.54 Unrealized +210.7%

MA MASTERCARD INCORPORATED 8.7%

Value $11.92M Shares 20,879 Est. Cost $291.22 Unrealized +91.9%

AMZN AMAZON COM INC 8.1%

Value $11.1M Shares 48,110 Est. Cost $124.37 Unrealized +84.0%

MKL MARKEL GROUP INC 7.5%

Value $10.28M Shares 4,784 Est. Cost $1366.67 Unrealized +48.2%

V VISA INC 7.4%

Value $10.13M Shares 28,879 Est. Cost $182.61 Unrealized +86.4%

MELI MERCADOLIBRE INC 5.9%

Value $8.059M Shares 4,001 Est. Cost $1278.12 Unrealized +64.3%

AXP AMERICAN EXPRESS CO 5.8%

Value $7.93M Shares 21,435 Est. Cost $169.01 Unrealized +111.2%

AAPL APPLE INC 5.3%

Value $7.187M Shares 26,437 Est. Cost $113.19 Unrealized +137.1%

WM WASTE MGMT INC DEL 4.5%

Value $6.163M Shares 28,049 Est. Cost $127.24 Unrealized +67.1%

CTAS CINTAS CORP 3.8%

Value $5.178M Shares 27,534 Est. Cost $171.68 Unrealized +9.6%

SPGI S&P GLOBAL INC 3.1%

Value $4.18M Shares 7,998 Est. Cost $508.01 Unrealized -2.7%

ACN ACCENTURE PLC IRELAND 2.8%

Value $3.854M Shares 14,363 Est. Cost $203.02 Unrealized +25.1%

LLY ELI LILLY & CO 2.7%

Value $3.752M Shares 3,491 Est. Cost $718.31 Unrealized +33.0%

META META PLATFORMS INC 2.6%

Value $3.579M Shares 5,422 Est. Cost $738.17 Unrealized -9.6%

JPM JPMORGAN CHASE & CO. 2.2%

Value $3.068M Shares 9,521 Est. Cost $110.81 Unrealized +179.3%

EXPD EXPEDITORS INTL WASH INC 2.2%

Value $2.997M Shares 20,115 Est. Cost $93.80 Unrealized +44.6%

UBER UBER TECHNOLOGIES INC 2.0%

Value $2.714M Shares 33,221 Est. Cost $66.14 Unrealized +36.1%

ISRG INTUITIVE SURGICAL INC 1.5%

Value $2.007M Shares 3,544 Est. Cost $451.84 Unrealized +17.8%

DIS DISNEY WALT CO 1.1%

Value $1.506M Shares 13,237 Est. Cost $120.91 Unrealized -9.4%

SPY SPDR S&P 500 ETF TR 1.0%

Value $1.338M Shares 1,962 Est. Cost $432.70 Unrealized —

SBUX STARBUCKS CORP 0.5%

Value $724K Shares 8,599 Est. Cost $88.57 Unrealized -5.1%

ORLY OREILLY AUTOMOTIVE INC 0.5%

Value $722K Shares 7,920 Est. Cost $90.05 Unrealized +8.5%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.4%

Value $548K Shares 1,090 Est. Cost $282.01 Unrealized +76.4%

WTM WHITE MTNS INS GROUP LTD 0.2%

Value $297K Shares 143 Est. Cost $1116.81 Unrealized +75.1%

CVX CHEVRON CORP NEW 0.2%

Value $262K Shares 1,722 Est. Cost $102.46 Unrealized +47.8%

BAC BANK AMERICA CORP 0.2%

Value $223K Shares 4,059 Est. Cost $48.34 Unrealized +8.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	29,851	$14.44M	10.6%	$170.87	+193.0%	COM	594918104
COST	COSTCO WHSL CORP NEW	14,528	$12.53M	9.2%	$291.54	+210.7%	COM	22160K105
MA	MASTERCARD INCORPORATED	20,879	$11.92M	8.7%	$291.22	+91.9%	CL A	57636Q104
AMZN	AMAZON COM INC	48,110	$11.1M	8.1%	$124.37	+84.0%	COM	023135106
MKL	MARKEL GROUP INC	4,784	$10.28M	7.5%	$1366.67	+48.2%	COM	570535104
V	VISA INC	28,879	$10.13M	7.4%	$182.61	+86.4%	COM CL A	92826C839
MELI	MERCADOLIBRE INC	4,001	$8.059M	5.9%	$1278.12	+64.3%	COM	58733R102
AXP	AMERICAN EXPRESS CO	21,435	$7.93M	5.8%	$169.01	+111.2%	COM	025816109
AAPL	APPLE INC	26,437	$7.187M	5.3%	$113.19	+137.1%	COM	037833100
WM	WASTE MGMT INC DEL	28,049	$6.163M	4.5%	$127.24	+67.1%	COM	94106L109
CTAS	CINTAS CORP	27,534	$5.178M	3.8%	$171.68	+9.6%	COM	172908105
SPGI	S&P GLOBAL INC	7,998	$4.18M	3.1%	$508.01	-2.7%	COM	78409V104
ACN	ACCENTURE PLC IRELAND	14,363	$3.854M	2.8%	$203.02	+25.1%	SHS CLASS A	G1151C101
LLY	ELI LILLY & CO	3,491	$3.752M	2.7%	$718.31	+33.0%	COM	532457108
META	META PLATFORMS INC	5,422	$3.579M	2.6%	$738.17	-9.6%	CL A	30303M102
JPM	JPMORGAN CHASE & CO.	9,521	$3.068M	2.2%	$110.81	+179.3%	COM	46625H100
EXPD	EXPEDITORS INTL WASH INC	20,115	$2.997M	2.2%	$93.80	+44.6%	COM	302130109
UBER	UBER TECHNOLOGIES INC	33,221	$2.714M	2.0%	$66.14	+36.1%	COM	90353T100
ISRG	INTUITIVE SURGICAL INC	3,544	$2.007M	1.5%	$451.84	+17.8%	COM NEW	46120E602
DIS	DISNEY WALT CO	13,237	$1.506M	1.1%	$120.91	-9.4%	COM	254687106
SPY	SPDR S&P 500 ETF TR	1,962	$1.338M	1.0%	$432.70	—	TR UNIT	78462F103
SBUX	STARBUCKS CORP	8,599	$724K	0.5%	$88.57	-5.1%	COM	855244109
ORLY	OREILLY AUTOMOTIVE INC	7,920	$722K	0.5%	$90.05	+8.5%	COM	67103H107
BRK/B	BERKSHIRE HATHAWAY INC DEL	1,090	$548K	0.4%	$282.01	+76.4%	CL B NEW	084670702
WTM	WHITE MTNS INS GROUP LTD	143	$297K	0.2%	$1116.81	+75.1%	COM	G9618E107
CVX	CHEVRON CORP NEW	1,722	$262K	0.2%	$102.46	+47.8%	COM	166764100
BAC	BANK AMERICA CORP	4,059	$223K	0.2%	$48.34	+8.9%	COM	060505104