Cook & Bynum Capital Management, LLC Long-Term Concentrated

CIK: 0001542280 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $119,657 (100.0% shares, 0.0% debt)

Holdings (6)

Decreased Positions (3)

LILAK Liberty Latin America LTD - CL C 8.5%

Value ($000) $10,175 (-30.6%) Shares 1,363,971 (-21.5%) Est. Cost $16.48 Unrealized -50.1%

BRK/B Berkshire Hathaway Inc. 46.5%

Value ($000) $55,629 (-3.3%) Shares 110,671 (-3.2%) Est. Cost $132.58 Unrealized +275.3%

LILA Liberty Latin America LTD - CL A 0.9%

Value ($000) $1,047 (-63.7%) Shares 141,721 (-59.3%) Est. Cost $16.46 Unrealized -50.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LILAK	Liberty Latin America LTD - CL C	1,363,971 (-21.5%)	$10,175 (-30.6%)	8.5%	$16.48	-50.1%	COM (CL C)	G9001E128
BRK/B	Berkshire Hathaway Inc.	110,671 (-3.2%)	$55,629 (-3.3%)	46.5%	$132.58	+275.3%	COM (CL B)	084670702
LILA	Liberty Latin America LTD - CL A	141,721 (-59.3%)	$1,047 (-63.7%)	0.9%	$16.46	-50.6%	COM (CL A)	G9001E102

Unchanged Positions (3)

BUD Anheuser Busch Inbev 21.6%

Value ($000) $25,867 Shares 403,914 Est. Cost $97.81 Unrealized —

FMX Fomento Economico Mexicano S.A.B. de C.V. ADR 19.7%

Value ($000) $23,594 Shares 233,445 Est. Cost $60.21 Unrealized —

ABEV Ambev SA 2.8%

Value ($000) $3,344 Shares 1,354,009 Est. Cost $2.31 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BUD	Anheuser Busch Inbev	403,914	$25,867	21.6%	$97.81	—	COM	03524A108
FMX	Fomento Economico Mexicano S.A.B. de C.V. ADR	233,445	$23,594	19.7%	$60.21	—	COM	344419106
ABEV	Ambev SA	1,354,009	$3,344	2.8%	$2.31	—	COM	02319V103