Eldred Rock Partners, LLC Long-Term Concentrated

Location: San Antonio, TX

CIK: 0001984180 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Oct 21, 2025

Total Value: $401M (100.0% shares, 0.0% debt)

Holdings (30)

TSM TAIWAN SEMICONDUCTOR MFG LTD 6.4%

Value $25.51M Shares 91,061 Share Price $280.11 Est. Cost/Share $163.90 Unrealized @ Report Date +70.4%

GOOGL ALPHABET INC 6.2%

Value $24.89M Shares 102,399 Share Price $243.10 Est. Cost/Share $147.93 Unrealized @ Report Date +64.2%

LRCX LAM RESEARCH CORP 6.1%

Value $24.36M Shares 181,603 Share Price $134.16 Est. Cost/Share $78.55 Unrealized @ Report Date +70.2%

BN BROOKFIELD CORP 5.4%

Value $21.74M Shares 317,056 Share Price $68.58 * Est. Cost/Share $26.43 Unrealized @ Report Date +72.8%

VNT VONTIER CORPORATION 5.0%

Value $19.94M Shares 475,114 Share Price $41.97 Est. Cost/Share $39.90 Unrealized @ Report Date +5.2%

ASML ASML HOLDING N V 4.5%

Value $18.22M Shares 18,823 Share Price $968.09 Est. Cost/Share $801.66 Unrealized @ Report Date +20.8%

CMI CUMMINS INC 4.1%

Value $16.4M Shares 38,817 Share Price $422.37 Est. Cost/Share $249.64 Unrealized @ Report Date +68.5%

BRK/B BERKSHIRE HATHAWAY INC DEL 4.0%

Value $15.89M Shares 31,616 Share Price $502.74 Est. Cost/Share $381.85 Unrealized @ Report Date +31.7%

BNS BANK NOVA SCOTIA HALIFAX 3.7%

Value $14.93M Shares 231,004 Share Price $64.65 Est. Cost/Share $46.74 Unrealized @ Report Date +38.3%

EMR EMERSON ELEC CO 3.5%

Value $14.09M Shares 107,396 Share Price $131.18 Est. Cost/Share $96.92 Unrealized @ Report Date +34.8%

COF CAPITAL ONE FINL CORP 3.5%

Value $13.86M Shares 65,204 Share Price $212.58 Est. Cost/Share $185.05 Unrealized @ Report Date +14.4%

PSX PHILLIPS 66 3.4%

Value $13.74M Shares 101,051 Share Price $136.02 Est. Cost/Share $114.85 Unrealized @ Report Date +17.4%

MTN VAIL RESORTS INC 3.4%

Value $13.56M Shares 90,676 Share Price $149.57 Est. Cost/Share $155.21 Unrealized @ Report Date -3.6%

CALM CAL MAINE FOODS INC 3.2%

Value $12.63M Shares 134,241 Share Price $94.10 * Est. Cost/Share $54.54 Unrealized @ Report Date +68.4%

TXN TEXAS INSTRS INC 3.1%

Value $12.56M Shares 68,336 Share Price $183.73 Est. Cost/Share $161.62 Unrealized @ Report Date +12.7%

WFC WELLS FARGO CO NEW 3.0%

Value $11.92M Shares 142,182 Share Price $83.82 Est. Cost/Share $59.32 Unrealized @ Report Date +40.6%

JBHT HUNT J B TRANS SVCS INC 2.9%

Value $11.82M Shares 88,061 Share Price $134.17 Est. Cost/Share $160.88 Unrealized @ Report Date -16.8%

NVS NOVARTIS AG 2.9%

Value $11.64M Shares 90,753 Share Price $128.24 Est. Cost/Share $108.26 Unrealized @ Report Date +18.5%

PEP PEPSICO INC 2.6%

Value $10.6M Shares 75,444 Share Price $140.44 Est. Cost/Share $154.72 Unrealized @ Report Date -10.1%

ICLR ICON PLC 2.6%

Value $10.33M Shares 59,017 Share Price $175.00 Est. Cost/Share $226.31 Unrealized @ Report Date -22.7%

MRK MERCK & CO INC 2.6%

Value $10.24M Shares 120,880 Share Price $84.74 Est. Cost/Share $95.98 Unrealized @ Report Date -13.3%

NVO NOVO-NORDISK A S 2.5%

Value $10.22M Shares 184,151 Share Price $55.49 Est. Cost/Share $90.69 Unrealized @ Report Date -38.8%

— UNILEVER PLC 2.4%

Value $9.691M Shares 163,471 Share Price $59.28 Est. Cost/Share $59.14 Unrealized @ Report Date —

KMX CARMAX INC 2.3%

Value $9.332M Shares 207,986 Share Price $44.87 Est. Cost/Share $66.30 Unrealized @ Report Date -32.3%

ABEV AMBEV SA 2.2%

Value $8.926M Shares 3,962,046 Share Price $2.25 Est. Cost/Share $2.26 Unrealized @ Report Date -1.1%

IBOC INTERNATIONAL BANCSHARES COR 2.2%

Value $8.763M Shares 127,460 Share Price $68.75 Est. Cost/Share $50.58 Unrealized @ Report Date +34.6%

ACN ACCENTURE PLC IRELAND 2.2%

Value $8.673M Shares 35,171 Share Price $246.60 Est. Cost/Share $310.36 Unrealized @ Report Date -20.5%

SHEL SHELL PLC 2.1%

Value $8.386M Shares 117,232 Share Price $71.53 Est. Cost/Share $69.23 Unrealized @ Report Date +3.3%

DEO DIAGEO PLC 1.9%

Value $7.79M Shares 81,630 Share Price $95.43 Est. Cost/Share $125.96 Unrealized @ Report Date -24.2%

GOOG ALPHABET INC 0.1%

Value $297K Shares 1,218 Share Price $243.55 Est. Cost/Share $164.85 Unrealized @ Report Date +47.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TSM	TAIWAN SEMICONDUCTOR MFG LTD	91,061	$25.51M	6.4%	$280.11	$163.90	+70.4%	SPONSORED ADS	874039100
GOOGL	ALPHABET INC	102,399	$24.89M	6.2%	$243.10	$147.93	+64.2%	CAP STK CL A	02079K305
LRCX	LAM RESEARCH CORP	181,603	$24.36M	6.1%	$134.16	$78.55	+70.2%	COM NEW	512807306
BN	BROOKFIELD CORP	317,056	$21.74M	5.4%	$68.58 *	$26.43	+72.8%	CL A LTD VT SH	11271J107
VNT	VONTIER CORPORATION	475,114	$19.94M	5.0%	$41.97	$39.90	+5.2%	COM	928881101
ASML	ASML HOLDING N V	18,823	$18.22M	4.5%	$968.09	$801.66	+20.8%	N Y REGISTRY SHS	N07059210
CMI	CUMMINS INC	38,817	$16.4M	4.1%	$422.37	$249.64	+68.5%	COM	231021106
BRK/B	BERKSHIRE HATHAWAY INC DEL	31,616	$15.89M	4.0%	$502.74	$381.85	+31.7%	CL B NEW	084670702
BNS	BANK NOVA SCOTIA HALIFAX	231,004	$14.93M	3.7%	$64.65	$46.74	+38.3%	COM	064149107
EMR	EMERSON ELEC CO	107,396	$14.09M	3.5%	$131.18	$96.92	+34.8%	COM	291011104
COF	CAPITAL ONE FINL CORP	65,204	$13.86M	3.5%	$212.58	$185.05	+14.4%	COM	14040H105
PSX	PHILLIPS 66	101,051	$13.74M	3.4%	$136.02	$114.85	+17.4%	COM	718546104
MTN	VAIL RESORTS INC	90,676	$13.56M	3.4%	$149.57	$155.21	-3.6%	COM	91879Q109
CALM	CAL MAINE FOODS INC	134,241	$12.63M	3.2%	$94.10 *	$54.54	+68.4%	COM NEW	128030202
TXN	TEXAS INSTRS INC	68,336	$12.56M	3.1%	$183.73	$161.62	+12.7%	COM	882508104
WFC	WELLS FARGO CO NEW	142,182	$11.92M	3.0%	$83.82	$59.32	+40.6%	COM	949746101
JBHT	HUNT J B TRANS SVCS INC	88,061	$11.82M	2.9%	$134.17	$160.88	-16.8%	COM	445658107
NVS	NOVARTIS AG	90,753	$11.64M	2.9%	$128.24	$108.26	+18.5%	SPONSORED ADR	66987V109
PEP	PEPSICO INC	75,444	$10.6M	2.6%	$140.44	$154.72	-10.1%	COM	713448108
ICLR	ICON PLC	59,017	$10.33M	2.6%	$175.00	$226.31	-22.7%	SHS	G4705A100
MRK	MERCK & CO INC	120,880	$10.24M	2.6%	$84.74	$95.98	-13.3%	COM	58933Y105
NVO	NOVO-NORDISK A S	184,151	$10.22M	2.5%	$55.49	$90.69	-38.8%	ADR	670100205
—	UNILEVER PLC	163,471	$9.691M	2.4%	$59.28	$59.14	—	SPON ADR NEW	904767704
KMX	CARMAX INC	207,986	$9.332M	2.3%	$44.87	$66.30	-32.3%	COM	143130102
ABEV	AMBEV SA	3,962,046	$8.926M	2.2%	$2.25	$2.26	-1.1%	SPONSORED ADR	02319V103
IBOC	INTERNATIONAL BANCSHARES COR	127,460	$8.763M	2.2%	$68.75	$50.58	+34.6%	COM	459044103
ACN	ACCENTURE PLC IRELAND	35,171	$8.673M	2.2%	$246.60	$310.36	-20.5%	SHS CLASS A	G1151C101
SHEL	SHELL PLC	117,232	$8.386M	2.1%	$71.53	$69.23	+3.3%	SPON ADS	780259305
DEO	DIAGEO PLC	81,630	$7.79M	1.9%	$95.43	$125.96	-24.2%	SPON ADR NEW	25243Q205
GOOG	ALPHABET INC	1,218	$297K	0.1%	$243.55	$164.85	+47.6%	CAP STK CL C	02079K107