Hi-Line Capital Management, LLC Long-Term Concentrated

Location: Watertown, SD

CIK: 0001776074 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 6, 2026

Total Value: $300M (100.0% shares, 0.0% debt)

Holdings (37)

BRK/A BERKSHIRE HATHAWAY INC DEL 12.6%

Value $37.74M Shares 50 Est. Cost $371309.84 Unrealized +101.0%

IDEV ISHARES TR 8.6%

Value $25.76M Shares 312,376 Est. Cost $69.41 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 5.7%

Value $17.15M Shares 34,124 Est. Cost $308.46 Unrealized +61.3%

RSP INVESCO EXCHANGE TRADED FD T 4.0%

Value $12.11M Shares 63,230 Est. Cost $178.59 Unrealized —

LBTYA LIBERTY GLOBAL LTD 3.8%

Value $11.53M Shares 1,035,340 Est. Cost $9.01 Unrealized +22.8%

IEMG ISHARES INC 3.8%

Value $11.51M Shares 171,217 Est. Cost $55.96 Unrealized —

SIRI SIRIUSXM HOLDINGS INC 3.7%

Value $11.04M Shares 552,047 Est. Cost $29.42 Unrealized -26.9%

LBRDK LIBERTY BROADBAND CORP 3.4%

Value $10.31M Shares 212,076 Est. Cost $67.35 Unrealized -22.8%

CB CHUBB LIMITED 3.3%

Value $10.03M Shares 32,034 Est. Cost $206.80 Unrealized +41.4%

COP CONOCOPHILLIPS 3.3%

Value $9.979M Shares 106,600 Est. Cost $46.65 Unrealized +93.0%

JPM JPMORGAN CHASE & CO. 3.3%

Value $9.892M Shares 30,698 Est. Cost $114.77 Unrealized +169.7%

CRH CRH PLC 3.2%

Value $9.596M Shares 76,894 Est. Cost $85.77 Unrealized +38.9%

MKL MARKEL GROUP INC 2.8%

Value $8.521M Shares 3,964 Est. Cost $1833.57 Unrealized +10.5%

CMCSA COMCAST CORP NEW 2.6%

Value $7.816M Shares 261,485 Est. Cost $36.95 Unrealized -22.8%

ADBE ADOBE INC 2.6%

Value $7.779M Shares 22,226 Est. Cost $340.09 Unrealized 0.0%

AXP AMERICAN EXPRESS CO 2.6%

Value $7.756M Shares 20,965 Est. Cost $125.46 Unrealized +184.5%

VSAT VIASAT INC 2.4%

Value $7.273M Shares 211,050 Est. Cost $33.16 Unrealized +6.5%

HCC WARRIOR MET COAL INC 2.3%

Value $6.982M Shares 79,185 Est. Cost $48.39 Unrealized +55.4%

LMT LOCKHEED MARTIN CORP 2.3%

Value $6.81M Shares 14,080 Est. Cost $318.87 Unrealized +49.3%

EXP EAGLE MATLS INC 2.3%

Value $6.772M Shares 32,728 Est. Cost $229.38 Unrealized -3.9%

UPS UNITED PARCEL SERVICE INC 2.2%

Value $6.634M Shares 66,882 Est. Cost $111.41 Unrealized -16.8%

IVV ISHARES TR 2.1%

Value $6.386M Shares 9,324 Est. Cost $605.24 Unrealized —

AER AERCAP HOLDINGS NV 2.1%

Value $6.355M Shares 44,205 Est. Cost $110.94 Unrealized +19.4%

DAC DANAOS CORPORATION 1.9%

Value $5.668M Shares 60,179 Est. Cost $87.10 Unrealized +5.8%

IJH ISHARES TR 1.8%

Value $5.435M Shares 82,349 Est. Cost $62.40 Unrealized —

CI THE CIGNA GROUP 1.8%

Value $5.353M Shares 19,450 Est. Cost $292.40 Unrealized -4.5%

— AMCOR PLC 1.8%

Value $5.267M Shares 631,578 Est. Cost $8.92 Unrealized -7.5%

PCAR PACCAR INC 1.6%

Value $4.664M Shares 42,073 Est. Cost $91.21 Unrealized +11.0%

MHK MOHAWK INDS INC 1.4%

Value $4.35M Shares 39,802 Est. Cost $105.36 Unrealized +9.0%

IJR ISHARES TR 1.1%

Value $3.272M Shares 27,223 Est. Cost $114.41 Unrealized —

ADM ARCHER DANIELS MIDLAND CO 1.0%

Value $2.912M Shares 50,646 Est. Cost $52.28 Unrealized +13.8%

NE NOBLE CORP PLC 0.9%

Value $2.718M Shares 96,240 Est. Cost $29.24 Unrealized 0.0%

CNH CNH INDL N V 0.8%

Value $2.292M Shares 248,611 Est. Cost $11.15 Unrealized -10.4%

GLIBK GCI LIBERTY INC 0.5%

Value $1.58M Shares 42,471 Est. Cost $35.22 Unrealized -0.4%

DINO HF SINCLAIR CORP 0.2%

Value $488K Shares 10,587 Est. Cost $33.61 Unrealized +52.6%

ARW ARROW ELECTRS INC 0.1%

Value $410K Shares 3,722 Est. Cost $103.95 Unrealized +9.3%

CHTR CHARTER COMMUNICATIONS INC N 0.1%

Value $298K Shares 1,428 Est. Cost $224.96 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/A	BERKSHIRE HATHAWAY INC DEL	50	$37.74M	12.6%	$371309.84	+101.0%	CL A	084670108
IDEV	ISHARES TR	312,376	$25.76M	8.6%	$69.41	—	CORE MSCI INTL	46435G326
BRK/B	BERKSHIRE HATHAWAY INC DEL	34,124	$17.15M	5.7%	$308.46	+61.3%	CL B NEW	084670702
RSP	INVESCO EXCHANGE TRADED FD T	63,230	$12.11M	4.0%	$178.59	—	S&P500 EQL WGT	46137V357
LBTYA	LIBERTY GLOBAL LTD	1,035,340	$11.53M	3.8%	$9.01	+22.8%	COM CL A	G61188101
IEMG	ISHARES INC	171,217	$11.51M	3.8%	$55.96	—	CORE MSCI EMKT	46434G103
SIRI	SIRIUSXM HOLDINGS INC	552,047	$11.04M	3.7%	$29.42	-26.9%	COMMON STOCK	829933100
LBRDK	LIBERTY BROADBAND CORP	212,076	$10.31M	3.4%	$67.35	-22.8%	COM SER C	530307305
CB	CHUBB LIMITED	32,034	$10.03M	3.3%	$206.80	+41.4%	COM	H1467J104
COP	CONOCOPHILLIPS	106,600	$9.979M	3.3%	$46.65	+93.0%	COM	20825C104
JPM	JPMORGAN CHASE & CO.	30,698	$9.892M	3.3%	$114.77	+169.7%	COM	46625H100
CRH	CRH PLC	76,894	$9.596M	3.2%	$85.77	+38.9%	ORD	G25508105
MKL	MARKEL GROUP INC	3,964	$8.521M	2.8%	$1833.57	+10.5%	COM	570535104
CMCSA	COMCAST CORP NEW	261,485	$7.816M	2.6%	$36.95	-22.8%	CL A	20030N101
ADBE	ADOBE INC	22,226	$7.779M	2.6%	$340.09	0.0%	COM	00724F101
AXP	AMERICAN EXPRESS CO	20,965	$7.756M	2.6%	$125.46	+184.5%	COM	025816109
VSAT	VIASAT INC	211,050	$7.273M	2.4%	$33.16	+6.5%	COM	92552V100
HCC	WARRIOR MET COAL INC	79,185	$6.982M	2.3%	$48.39	+55.4%	COM	93627C101
LMT	LOCKHEED MARTIN CORP	14,080	$6.81M	2.3%	$318.87	+49.3%	COM	539830109
EXP	EAGLE MATLS INC	32,728	$6.772M	2.3%	$229.38	-3.9%	COM	26969P108
UPS	UNITED PARCEL SERVICE INC	66,882	$6.634M	2.2%	$111.41	-16.8%	CL B	911312106
IVV	ISHARES TR	9,324	$6.386M	2.1%	$605.24	—	CORE S&P500 ETF	464287200
AER	AERCAP HOLDINGS NV	44,205	$6.355M	2.1%	$110.94	+19.4%	SHS	N00985106
DAC	DANAOS CORPORATION	60,179	$5.668M	1.9%	$87.10	+5.8%	SHS	Y1968P121
IJH	ISHARES TR	82,349	$5.435M	1.8%	$62.40	—	CORE S&P MCP ETF	464287507
CI	THE CIGNA GROUP	19,450	$5.353M	1.8%	$292.40	-4.5%	COM	125523100
—	AMCOR PLC	631,578	$5.267M	1.8%	$8.92	-7.5%	ORD	G0250X107
PCAR	PACCAR INC	42,073	$4.664M	1.6%	$91.21	+11.0%	COM	693718108
MHK	MOHAWK INDS INC	39,802	$4.35M	1.4%	$105.36	+9.0%	COM	608190104
IJR	ISHARES TR	27,223	$3.272M	1.1%	$114.41	—	CORE S&P SCP ETF	464287804
ADM	ARCHER DANIELS MIDLAND CO	50,646	$2.912M	1.0%	$52.28	+13.8%	COM	039483102
NE	NOBLE CORP PLC	96,240	$2.718M	0.9%	$29.24	0.0%	ORD SHS A	G65431127
CNH	CNH INDL N V	248,611	$2.292M	0.8%	$11.15	-10.4%	SHS	N20944109
GLIBK	GCI LIBERTY INC	42,471	$1.58M	0.5%	$35.22	-0.4%	COM SER C	36164V800
DINO	HF SINCLAIR CORP	10,587	$488K	0.2%	$33.61	+52.6%	COM	403949100
ARW	ARROW ELECTRS INC	3,722	$410K	0.1%	$103.95	+9.3%	COM	042735100
CHTR	CHARTER COMMUNICATIONS INC N	1,428	$298K	0.1%	$224.96	0.0%	CL A	16119P108