J. Stern & Co. LLP Long-Term Concentrated

CIK: 0002011335 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 14, 2025

Total Value ($000): $1,043,544 (100.0% shares, 0.0% debt)

Holdings (36)

NVDA Nvidia 9.7%

Value ($000) $101,601 Shares 937,455 Est. Cost $100.82 Unrealized +25.7%

AMZN Amazon 7.1%

Value ($000) $73,764 Shares 387,699 Est. Cost $154.68 Unrealized +40.3%

MA Mastercard 6.9%

Value ($000) $71,508 Shares 130,460 Est. Cost $427.14 Unrealized +26.9%

Value ($000) $71,162 Shares 123,468 Est. Cost $393.16 Unrealized +63.6%

GOOG Alphabet Class C 5.9%

Value ($000) $61,476 Shares 393,476 Est. Cost $141.91 Unrealized +28.6%

Value ($000) $60,971 Shares 224,298 Est. Cost $235.47 Unrealized +31.0%

HON Honeywell 5.3%

Value ($000) $55,648 Shares 262,799 Est. Cost $181.68 Unrealized +9.2%

APH Amphenol 5.3%

Value ($000) $55,431 Shares 845,119 Est. Cost $54.93 Unrealized +23.3%

CRM Salesforce 5.1%

Value ($000) $53,092 Shares 197,840 Est. Cost $249.16 Unrealized +24.0%

Value ($000) $48,252 Shares 364,274 Est. Cost $103.59 Unrealized +20.4%

ICE Intercontinental Exchange 4.6%

Value ($000) $47,824 Shares 277,242 Est. Cost $156.04 Unrealized +3.9%

Value ($000) $45,808 Shares 443,880 Est. Cost $86.38 Unrealized +11.3%

ABT Abbott Laboratories 4.3%

Value ($000) $45,205 Shares 340,786 Est. Cost $105.17 Unrealized +19.3%

Value ($000) $40,961 Shares 342,881 Est. Cost $106.02 Unrealized +15.7%

DIS Walt Disney 3.6%

Value ($000) $37,170 Shares 376,597 Est. Cost $94.95 Unrealized +11.9%

ADBE Adobe 3.6%

Value ($000) $37,058 Shares 96,623 Est. Cost $553.24 Unrealized -22.5%

ZTS Zoetis 3.3%

Value ($000) $34,442 Shares 209,186 Est. Cost $181.76 Unrealized -9.5%

TMO Thermo Fisher 2.9%

Value ($000) $30,629 Shares 61,553 Est. Cost $506.97 Unrealized +6.5%

AMT American Tower 2.8%

Value ($000) $29,462 Shares 135,397 Est. Cost $181.32 Unrealized +4.5%

BRK/B Berkshire Hathaway Class B 0.5%

Value ($000) $5,195 Shares 9,755 Est. Cost $350.99 Unrealized +38.5%

Value ($000) $4,720 Shares 13,468 Est. Cost $257.28 Unrealized +30.7%

MCD McDonalds 0.4%

Value ($000) $3,774 Shares 12,081 Est. Cost $276.18 Unrealized +6.1%

BKNG Booking Holdings 0.3%

Value ($000) $3,472 Shares 754 Est. Cost $3880.67 Unrealized +22.4%

CDNS Cadence Design Systems 0.3%

Value ($000) $3,410 Shares 13,408 Est. Cost $280.21 Unrealized -0.8%

LLY Eli Lilly & Co 0.3%

Value ($000) $3,344 Shares 4,049 Est. Cost $823.07 Unrealized +0.4%

XYZ Block Inc 0.3%

Value ($000) $3,146 Shares 57,910 Est. Cost $70.35 Unrealized +6.1%

EL Estee Lauder 0.3%

Value ($000) $2,727 Shares 41,311 Est. Cost $91.35 Unrealized -22.1%

DXCM Dexcom Inc 0.2%

Value ($000) $2,573 Shares 37,676 Est. Cost $92.99 Unrealized -12.2%

— Intuitive Surgical Inc 0.2%

Value ($000) $2,363 Shares 4,772 Est. Cost $495.24 Unrealized —

IDXX IDEXX Labs 0.2%

Value ($000) $1,955 Shares 4,655 Est. Cost $479.09 Unrealized -9.4%

LIN Linde Plc 0.1%

Value ($000) $1,449 Shares 3,112 Est. Cost $383.62 Unrealized +15.9%

BF/B Brown-Forman Corp B 0.1%

Value ($000) $1,326 Shares 39,071 Est. Cost $43.01 Unrealized -23.8%

AAAU Goldman Sachs Physical Gold ET 0.1%

Value ($000) $1,310 Shares 42,415 Est. Cost $19.99 Unrealized —

GOOGL Alphabet Class A 0.1%

Value ($000) $623 Shares 4,026 Est. Cost $167.35 Unrealized +8.0%

NOC Northrop Grumman Corp 0.0%

Value ($000) $379 Shares 740 Est. Cost $478.00 Unrealized -1.7%

LMT Lockheed Martin Corp 0.0%

Value ($000) $315 Shares 705 Est. Cost $417.42 Unrealized +7.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	Nvidia	937,455	$101,601	9.7%	$100.82	+25.7%	COM	67066G104
AMZN	Amazon	387,699	$73,764	7.1%	$154.68	+40.3%	COM	023135106
MA	Mastercard	130,460	$71,508	6.9%	$427.14	+26.9%	COM	57636Q104
META	Meta	123,468	$71,162	6.8%	$393.16	+63.6%	COM	30303M102
GOOG	Alphabet Class C	393,476	$61,476	5.9%	$141.91	+28.6%	COM	02079K107
ETN	Eaton	224,298	$60,971	5.8%	$235.47	+31.0%	COM	G29183103
HON	Honeywell	262,799	$55,648	5.3%	$181.68	+9.2%	COM	438516106
APH	Amphenol	845,119	$55,431	5.3%	$54.93	+23.3%	COM	032095101
CRM	Salesforce	197,840	$53,092	5.1%	$249.16	+24.0%	COM	79466L302
RTX	RTX	364,274	$48,252	4.6%	$103.59	+20.4%	COM	75513E101
ICE	Intercontinental Exchange	277,242	$47,824	4.6%	$156.04	+3.9%	COM	45866F104
OTIS	Otis	443,880	$45,808	4.4%	$86.38	+11.3%	COM	68902V107
ABT	Abbott Laboratories	340,786	$45,205	4.3%	$105.17	+19.3%	COM	002824100
XYL	Xylem	342,881	$40,961	3.9%	$106.02	+15.7%	COM	98419M100
DIS	Walt Disney	376,597	$37,170	3.6%	$94.95	+11.9%	COM	254687106
ADBE	Adobe	96,623	$37,058	3.6%	$553.24	-22.5%	COM	00724F101
ZTS	Zoetis	209,186	$34,442	3.3%	$181.76	-9.5%	COM	98978V103
TMO	Thermo Fisher	61,553	$30,629	2.9%	$506.97	+6.5%	COM	883556102
AMT	American Tower	135,397	$29,462	2.8%	$181.32	+4.5%	COM	03027X100
BRK/B	Berkshire Hathaway Class B	9,755	$5,195	0.5%	$350.99	+38.5%	COM	084670702
V	Visa	13,468	$4,720	0.5%	$257.28	+30.7%	COM	92826C839
MCD	McDonalds	12,081	$3,774	0.4%	$276.18	+6.1%	COM	580135101
BKNG	Booking Holdings	754	$3,472	0.3%	$3880.67	+22.4%	COM	09857L108
CDNS	Cadence Design Systems	13,408	$3,410	0.3%	$280.21	-0.8%	COM	127387108
LLY	Eli Lilly & Co	4,049	$3,344	0.3%	$823.07	+0.4%	COM	532457108
XYZ	Block Inc	57,910	$3,146	0.3%	$70.35	+6.1%	COM	852234103
EL	Estee Lauder	41,311	$2,727	0.3%	$91.35	-22.1%	COM	518439104
DXCM	Dexcom Inc	37,676	$2,573	0.2%	$92.99	-12.2%	COM	252131107
—	Intuitive Surgical Inc	4,772	$2,363	0.2%	$495.24	—	COM NEW	46120E607
IDXX	IDEXX Labs	4,655	$1,955	0.2%	$479.09	-9.4%	COM	45168D104
LIN	Linde Plc	3,112	$1,449	0.1%	$383.62	+15.9%	COM	G54950103
BF/B	Brown-Forman Corp B	39,071	$1,326	0.1%	$43.01	-23.8%	COM	115637209
AAAU	Goldman Sachs Physical Gold ET	42,415	$1,310	0.1%	$19.99	—	UNIT	38150K103
GOOGL	Alphabet Class A	4,026	$623	0.1%	$167.35	+8.0%	COM	02079K305
NOC	Northrop Grumman Corp	740	$379	0.0%	$478.00	-1.7%	COM	666807102
LMT	Lockheed Martin Corp	705	$315	0.0%	$417.42	+7.4%	COM	539830109