Eldred Rock Partners, LLC Long-Term Concentrated

Location: San Antonio, TX

CIK: 0001984180 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Jan 16, 2026

Total Value: $385M (100.0% shares, 0.0% debt)

Holdings (32)

GOOGL ALPHABET INC 5.6%

Value $21.48M Shares 68,638 Share Price $313.00 Est. Cost/Share $147.93 Unrealized @ Report Date +111.6%

TSM TAIWAN SEMICONDUCTOR MFG LTD 5.1%

Value $19.51M Shares 64,203 Share Price $303.89 Est. Cost/Share $163.90 Unrealized @ Report Date +85.4%

BN BROOKFIELD CORP 5.0%

Value $19.44M Shares 423,659 Share Price $45.89 Est. Cost/Share $31.24 Unrealized @ Report Date +46.9%

ASML ASML HOLDING N V 4.7%

Value $18.09M Shares 16,913 Share Price $1069.86 Est. Cost/Share $801.66 Unrealized @ Report Date +33.5%

CMI CUMMINS INC 4.6%

Value $17.65M Shares 34,571 Share Price $510.45 Est. Cost/Share $249.64 Unrealized @ Report Date +104.5%

VNT VONTIER CORPORATION 4.1%

Value $15.74M Shares 423,435 Share Price $37.18 Est. Cost/Share $39.90 Unrealized @ Report Date -6.8%

BNS BANK NOVA SCOTIA HALIFAX 4.0%

Value $15.3M Shares 207,561 Share Price $73.69 Est. Cost/Share $46.74 Unrealized @ Report Date +57.7%

JBHT HUNT J B TRANS SVCS INC 4.0%

Value $15.26M Shares 78,531 Share Price $194.34 Est. Cost/Share $160.88 Unrealized @ Report Date +20.8%

LRCX LAM RESEARCH CORP 3.9%

Value $15M Shares 87,617 Share Price $171.18 Est. Cost/Share $78.55 Unrealized @ Report Date +117.9%

BRK/B BERKSHIRE HATHAWAY INC DEL 3.7%

Value $14.16M Shares 28,171 Share Price $502.65 Est. Cost/Share $381.85 Unrealized @ Report Date +31.6%

COF CAPITAL ONE FINL CORP 3.7%

Value $14.08M Shares 58,116 Share Price $242.36 Est. Cost/Share $185.05 Unrealized @ Report Date +31.0%

ACN ACCENTURE PLC IRELAND 3.6%

Value $13.89M Shares 51,755 Share Price $268.30 Est. Cost/Share $292.32 Unrealized @ Report Date -8.2%

DE DEERE & CO 3.4%

Value $13.17M Shares 28,279 Share Price $465.57 Est. Cost/Share $467.69 Unrealized @ Report Date -0.5%

PEP PEPSICO INC 3.3%

Value $12.85M Shares 89,501 Share Price $143.52 Est. Cost/Share $153.34 Unrealized @ Report Date -6.4%

EMR EMERSON ELEC CO 3.3%

Value $12.7M Shares 95,701 Share Price $132.72 Est. Cost/Share $96.92 Unrealized @ Report Date +36.9%

SHEL SHELL PLC 3.1%

Value $12.13M Shares 165,047 Share Price $73.48 Est. Cost/Share $70.51 Unrealized @ Report Date +4.2%

WFC WELLS FARGO CO NEW 3.1%

Value $11.78M Shares 126,402 Share Price $93.20 Est. Cost/Share $59.32 Unrealized @ Report Date +57.1%

PSX PHILLIPS 66 3.0%

Value $11.62M Shares 90,041 Share Price $129.04 Est. Cost/Share $114.85 Unrealized @ Report Date +12.4%

MRK MERCK & CO INC 2.9%

Value $11.31M Shares 107,416 Share Price $105.26 Est. Cost/Share $95.98 Unrealized @ Report Date +9.7%

NVS NOVARTIS AG 2.9%

Value $11.24M Shares 81,549 Share Price $137.87 Est. Cost/Share $108.26 Unrealized @ Report Date +27.4%

MTN VAIL RESORTS INC 2.8%

Value $10.71M Shares 80,674 Share Price $132.80 Est. Cost/Share $155.21 Unrealized @ Report Date -14.4%

TXN TEXAS INSTRS INC 2.7%

Value $10.56M Shares 60,879 Share Price $173.49 Est. Cost/Share $161.62 Unrealized @ Report Date +7.3%

ICLR ICON PLC 2.5%

Value $9.671M Shares 53,071 Share Price $182.22 Est. Cost/Share $226.31 Unrealized @ Report Date -19.5%

UL UNILEVER PLC 2.5%

Value $9.558M Shares 137,405 Share Price $69.56 * Est. Cost/Share $67.26 Unrealized @ Report Date -2.8%

CALM CAL MAINE FOODS INC 2.5%

Value $9.496M Shares 119,344 Share Price $79.57 Est. Cost/Share $54.54 Unrealized @ Report Date +44.6%

ABEV AMBEV SA 2.3%

Value $8.794M Shares 3,560,200 Share Price $2.47 Est. Cost/Share $2.26 Unrealized @ Report Date +9.5%

IBOC INTERNATIONAL BANCSHARES COR 2.2%

Value $8.468M Shares 127,460 Share Price $66.44 Est. Cost/Share $50.58 Unrealized @ Report Date +30.0%

NVO NOVO-NORDISK A S 2.2%

Value $8.41M Shares 165,290 Share Price $50.88 Est. Cost/Share $90.69 Unrealized @ Report Date -43.9%

DEO DIAGEO PLC 1.6%

Value $6.332M Shares 73,396 Share Price $86.27 Est. Cost/Share $125.96 Unrealized @ Report Date -31.5%

POOL POOL CORP 1.6%

Value $6.184M Shares 27,035 Share Price $228.75 Est. Cost/Share $259.46 Unrealized @ Report Date -11.8%

MICC MAGNUM ICE CREAM CO NV 0.1%

Value $490K Shares 30,892 Share Price $15.85 Est. Cost/Share $15.68 Unrealized @ Report Date +1.1%

GOOG ALPHABET INC 0.1%

Value $382K Shares 1,218 Share Price $313.80 Est. Cost/Share $164.85 Unrealized @ Report Date +90.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GOOGL	ALPHABET INC	68,638	$21.48M	5.6%	$313.00	$147.93	+111.6%	CAP STK CL A	02079K305
TSM	TAIWAN SEMICONDUCTOR MFG LTD	64,203	$19.51M	5.1%	$303.89	$163.90	+85.4%	SPONSORED ADS	874039100
BN	BROOKFIELD CORP	423,659	$19.44M	5.0%	$45.89	$31.24	+46.9%	CL A LTD VT SH	11271J107
ASML	ASML HOLDING N V	16,913	$18.09M	4.7%	$1069.86	$801.66	+33.5%	N Y REGISTRY SHS	N07059210
CMI	CUMMINS INC	34,571	$17.65M	4.6%	$510.45	$249.64	+104.5%	COM	231021106
VNT	VONTIER CORPORATION	423,435	$15.74M	4.1%	$37.18	$39.90	-6.8%	COM	928881101
BNS	BANK NOVA SCOTIA HALIFAX	207,561	$15.3M	4.0%	$73.69	$46.74	+57.7%	COM	064149107
JBHT	HUNT J B TRANS SVCS INC	78,531	$15.26M	4.0%	$194.34	$160.88	+20.8%	COM	445658107
LRCX	LAM RESEARCH CORP	87,617	$15M	3.9%	$171.18	$78.55	+117.9%	COM NEW	512807306
BRK/B	BERKSHIRE HATHAWAY INC DEL	28,171	$14.16M	3.7%	$502.65	$381.85	+31.6%	CL B NEW	084670702
COF	CAPITAL ONE FINL CORP	58,116	$14.08M	3.7%	$242.36	$185.05	+31.0%	COM	14040H105
ACN	ACCENTURE PLC IRELAND	51,755	$13.89M	3.6%	$268.30	$292.32	-8.2%	SHS CLASS A	G1151C101
DE	DEERE & CO	28,279	$13.17M	3.4%	$465.57	$467.69	-0.5%	COM	244199105
PEP	PEPSICO INC	89,501	$12.85M	3.3%	$143.52	$153.34	-6.4%	COM	713448108
EMR	EMERSON ELEC CO	95,701	$12.7M	3.3%	$132.72	$96.92	+36.9%	COM	291011104
SHEL	SHELL PLC	165,047	$12.13M	3.1%	$73.48	$70.51	+4.2%	SPON ADS	780259305
WFC	WELLS FARGO CO NEW	126,402	$11.78M	3.1%	$93.20	$59.32	+57.1%	COM	949746101
PSX	PHILLIPS 66	90,041	$11.62M	3.0%	$129.04	$114.85	+12.4%	COM	718546104
MRK	MERCK & CO INC	107,416	$11.31M	2.9%	$105.26	$95.98	+9.7%	COM	58933Y105
NVS	NOVARTIS AG	81,549	$11.24M	2.9%	$137.87	$108.26	+27.4%	SPONSORED ADR	66987V109
MTN	VAIL RESORTS INC	80,674	$10.71M	2.8%	$132.80	$155.21	-14.4%	COM	91879Q109
TXN	TEXAS INSTRS INC	60,879	$10.56M	2.7%	$173.49	$161.62	+7.3%	COM	882508104
ICLR	ICON PLC	53,071	$9.671M	2.5%	$182.22	$226.31	-19.5%	SHS	G4705A100
UL	UNILEVER PLC	137,405	$9.558M	2.5%	$69.56 *	$67.26	-2.8%	SPON ADR NEW	904767803
CALM	CAL MAINE FOODS INC	119,344	$9.496M	2.5%	$79.57	$54.54	+44.6%	COM NEW	128030202
ABEV	AMBEV SA	3,560,200	$8.794M	2.3%	$2.47	$2.26	+9.5%	SPONSORED ADR	02319V103
IBOC	INTERNATIONAL BANCSHARES COR	127,460	$8.468M	2.2%	$66.44	$50.58	+30.0%	COM	459044103
NVO	NOVO-NORDISK A S	165,290	$8.41M	2.2%	$50.88	$90.69	-43.9%	ADR	670100205
DEO	DIAGEO PLC	73,396	$6.332M	1.6%	$86.27	$125.96	-31.5%	SPON ADR NEW	25243Q205
POOL	POOL CORP	27,035	$6.184M	1.6%	$228.75	$259.46	-11.8%	COM	73278L105
MICC	MAGNUM ICE CREAM CO NV	30,892	$490K	0.1%	$15.85	$15.68	+1.1%	ORD SHS	N5505D105
GOOG	ALPHABET INC	1,218	$382K	0.1%	$313.80	$164.85	+90.4%	CAP STK CL C	02079K107