J. Stern & Co. LLP Long-Term Concentrated

CIK: 0002011335 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 24, 2026

Total Value ($000): $1,173,367 (100.0% shares, 0.0% debt)

Holdings (43)

New Positions (1)

TEL TE Connectivity 0.2%
Value ($000) $1,958 Shares 1,957,724 Est. Cost $231.27 Unrealized 0.0%

Increased Positions (41)

NVDA Nvidia 10.7%
Value ($000) $125,760 (-26.0%) Shares 125,760,307 (+13709.1%) Est. Cost $185.52 Unrealized +0.3%
NKE Nike Inc. 4.1%
Value ($000) $48,055 (+604.3%) Shares 48,054,542 (+49010.4%) Est. Cost $64.93 Unrealized -0.0%
ETN Eaton 5.0%
Value ($000) $59,031 (-32.4%) Shares 59,031,051 (+25186.3%) Est. Cost $353.93 Unrealized +0.1%
META Meta 5.9%
Value ($000) $69,650 (-27.3%) Shares 69,650,056 (+53305.2%) Est. Cost $666.84 Unrealized +0.1%
APH Amphenol 6.5%
Value ($000) $76,770 (-22.9%) Shares 76,769,791 (+9435.8%) Est. Cost $132.73 Unrealized +0.6%
GOOG Alphabet Class C 9.6%
Value ($000) $112,092 (+17.4%) Shares 112,091,870 (+28482.8%) Est. Cost $285.83 Unrealized +0.2%
AMT American Tower 3.2%
Value ($000) $37,687 (+46.7%) Shares 37,686,978 (+28121.1%) Est. Cost $180.30 Unrealized -0.0%
GOOGL Alphabet Class A 0.0%
Value ($000) $328 (-96.8%) Shares 328,337 (+667.1%) Est. Cost $275.12 Unrealized +3.8%
DIS Walt Disney 3.3%
Value ($000) $38,135 (-20.0%) Shares 38,135,363 (+9060.1%) Est. Cost $109.39 Unrealized +0.1%
XYL Xylem 3.9%
Value ($000) $45,448 (-15.8%) Shares 45,448,168 (+12326.6%) Est. Cost $143.29 Unrealized +0.2%
LRCX Lam Research 0.3%
Value ($000) $3,459 (-70.7%) Shares 3,459,377 (+3826.9%) Est. Cost $153.82 Unrealized +1.0%
CDNS Cadence Design Systems 0.3%
Value ($000) $2,953 (-70.8%) Shares 2,953,256 (+10159.3%) Est. Cost $326.21 Unrealized +0.0%
V Visa 0.3%
Value ($000) $3,378 (-63.1%) Shares 3,378,039 (+12497.1%) Est. Cost $340.07 Unrealized +0.1%
XYZ Block Inc 0.2%
Value ($000) $2,300 (-70.4%) Shares 2,299,565 (+2040.0%) Est. Cost $69.15 Unrealized -0.2%
AMZN Amazon 7.5%
Value ($000) $87,983 (-5.7%) Shares 87,982,814 (+20598.0%) Est. Cost $228.46 Unrealized +0.1%
TMO Thermo Fisher 2.7%
Value ($000) $31,509 (+19.8%) Shares 31,509,332 (+58006.4%) Est. Cost $565.05 Unrealized +0.0%
MCD McDonalds 0.2%
Value ($000) $2,541 (-67.2%) Shares 2,541,008 (+9867.5%) Est. Cost $304.94 Unrealized +0.0%
BKNG Booking Holdings 0.2%
Value ($000) $2,833 (-64.4%) Shares 2,832,970 (+191965.8%) Est. Cost $5137.61 Unrealized +0.0%
IDXX IDEXX Labs 0.2%
Value ($000) $2,653 (-62.8%) Shares 2,653,351 (+23694.7%) Est. Cost $680.47 Unrealized +0.1%
MA Mastercard 6.2%
Value ($000) $72,597 (-5.7%) Shares 72,597,097 (+53535.0%) Est. Cost $558.71 Unrealized +0.0%
EL Estee Lauder 0.3%
Value ($000) $4,095 (-50.3%) Shares 4,094,761 (+4281.3%) Est. Cost $96.64 Unrealized +0.2%
HON Honeywell 4.5%
Value ($000) $53,209 (+8.3%) Shares 53,209,042 (+22704.6%) Est. Cost $194.97 Unrealized +0.0%
ZTS Zoetis 2.1%
Value ($000) $24,069 (-14.4%) Shares 24,069,492 (+12431.2%) Est. Cost $130.68 Unrealized -0.3%
HD Home Depot 0.2%
Value ($000) $2,233 (-63.1%) Shares 2,232,521 (+14869.3%) Est. Cost $364.75 Unrealized -0.0%
IT Gartner 0.1%
Value ($000) $1,537 (-68.5%) Shares 1,536,890 (+8182.0%) Est. Cost $241.30 Unrealized -0.3%
DXCM Dexcom Inc 0.1%
Value ($000) $1,602 (-67.1%) Shares 1,601,973 (+2114.8%) Est. Cost $65.63 Unrealized -1.5%
LOW Lowe's 0.1%
Value ($000) $1,490 (-68.5%) Shares 1,490,369 (+7814.9%) Est. Cost $239.89 Unrealized -0.0%
ISRG Intuitive Surgical Inc 0.2%
Value ($000) $2,127 (-58.4%) Shares 2,127,248 (+18504.6%) Est. Cost $532.09 Unrealized +0.1%
ABT Abbott Laboratories 3.4%
Value ($000) $39,319 (-6.4%) Shares 39,319,009 (+12439.6%) Est. Cost $127.13 Unrealized +0.1%
LLY Eli Lilly & Co 0.3%
Value ($000) $4,047 (-39.3%) Shares 4,047,245 (+46191.3%) Est. Cost $955.17 Unrealized +0.0%
ICE Intercontinental Exchange 4.6%
Value ($000) $54,107 (+3.9%) Shares 54,107,273 (+17398.1%) Est. Cost $156.22 Unrealized -0.0%
OTIS Otis 3.3%
Value ($000) $38,620 (-4.3%) Shares 38,619,968 (+8654.2%) Est. Cost $89.22 Unrealized +0.0%
RTX RTX 5.3%
Value ($000) $62,422 (-1.6%) Shares 62,421,841 (+16369.4%) Est. Cost $172.91 Unrealized +0.2%
CRM Salesforce 4.0%
Value ($000) $47,386 (+1.9%) Shares 47,385,511 (+24056.7%) Est. Cost $248.17 Unrealized -0.0%
ADBE Adobe 0.1%
Value ($000) $652 (-25.6%) Shares 652,031 (+26128.1%) Est. Cost $340.89 Unrealized -0.2%
BF/B Brown-Forman Corp B 0.1%
Value ($000) $716 (+45.2%) Shares 715,503 (+3833.3%) Est. Cost $28.36 Unrealized -1.3%
AMAT Applied Materials Common 0.1%
Value ($000) $720 (+25.5%) Shares 719,572 (+25599.0%) Est. Cost $239.26 Unrealized +0.1%
AAAU Goldman Sachs Physical Gold ET 0.1%
Value ($000) $902 (+11.6%) Shares 902,486 (+4155.0%) Est. Cost $1.45 Unrealized —
NOC Northrop Grumman Corp 0.0%
Value ($000) $422 (-6.4%) Shares 421,955 (+56920.9%) Est. Cost $578.64 Unrealized +0.0%
LMT Lockheed Martin Corp 0.0%
Value ($000) $341 (-3.1%) Shares 340,987 (+48267.0%) Est. Cost $476.06 Unrealized +0.0%
BRK/B Berkshire Hathaway Class B 0.4%
Value ($000) $4,903 (-0.0%) Shares 4,903,351 (+50165.0%) Est. Cost $497.24 Unrealized +0.1%

Decreased Positions (1)

LIN Linde Plc 0.1%
Value ($000) $1,327 (+42539.0%) Shares 1,326,926 (-10.2%) Est. Cost $470.63 Unrealized -9.2%