Greenbrier Partners Capital Management, LLC Long-Term Concentrated

CIK: 0001532262 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $1,491 (100.0% shares, 0.0% debt)

Holdings (12)

Exited Positions (1)

DIS DISNEY WALT CO 1555.7%

Value ($000) $23,201 Shares 202,633 Est. Cost $109.66 Unrealized -0.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DIS	DISNEY WALT CO	202,633	$23,201	1555.7%	$109.66	-0.1%	—	254687106

Decreased Positions (3)

MKL MARKEL GROUP INC 3.8%

Value ($000) $57 (-99.9%) Shares 26,578 (-3.1%) Est. Cost $529.03 Unrealized +282.9%

BRK/B BERKSHIRE HATHAWAY INC DEL 2.9%

Value ($000) $43 (-99.9%) Shares 84,614 (-3.8%) Est. Cost $110.02 Unrealized +352.2%

PYPL PAYPAL HLDGS INC 1.5%

Value ($000) $22 (-99.9%) Shares 380,012 (-6.7%) Est. Cost $36.31 Unrealized +78.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MKL	MARKEL GROUP INC	26,578 (-3.1%)	$57 (-99.9%)	3.8%	$529.03	+282.9%	COM	570535104
BRK/B	BERKSHIRE HATHAWAY INC DEL	84,614 (-3.8%)	$43 (-99.9%)	2.9%	$110.02	+352.2%	CL B NEW	084670702
PYPL	PAYPAL HLDGS INC	380,012 (-6.7%)	$22 (-99.9%)	1.5%	$36.31	+78.6%	COM	70450Y103

Unchanged Positions (9)

AAPL APPLE INC 25.9%

Value ($000) $386 Shares 1,421,438 Est. Cost $84.10 Unrealized +219.1%

META META PLATFORMS INC 17.7%

Value ($000) $264 Shares 400,457 Est. Cost $27.08 Unrealized +2363.9%

COST COSTCO WHSL CORP NEW 13.0%

Value ($000) $193 Shares 224,059 Est. Cost $101.18 Unrealized +795.2%

AMZN AMAZON COM INC 9.7%

Value ($000) $144 Shares 625,649 Est. Cost $120.86 Unrealized +89.3%

GOOG ALPHABET INC 9.8%

Value ($000) $146 Shares 466,049 Est. Cost $107.07 Unrealized +167.4%

GOOGL ALPHABET INC 9.6%

Value ($000) $143 Shares 455,906 Est. Cost $106.39 Unrealized +168.4%

MSFT MICROSOFT CORP 3.9%

Value ($000) $58 Shares 119,686 Est. Cost $191.12 Unrealized +161.9%

SPOT SPOTIFY TECHNOLOGY S A 1.4%

Value ($000) $21 Shares 35,576 Est. Cost $137.59 Unrealized +354.3%

CPRT COPART INC 0.9%

Value ($000) $14 Shares 349,542 Est. Cost $51.14 Unrealized -18.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	1,421,438	$386	25.9%	$84.10	+219.1%	COM	037833100
META	META PLATFORMS INC	400,457	$264	17.7%	$27.08	+2363.9%	CL A	30303M102
COST	COSTCO WHSL CORP NEW	224,059	$193	13.0%	$101.18	+795.2%	COM	22160K105
AMZN	AMAZON COM INC	625,649	$144	9.7%	$120.86	+89.3%	COM	023135106
GOOG	ALPHABET INC	466,049	$146	9.8%	$107.07	+167.4%	CAP STK CL C	02079K107
GOOGL	ALPHABET INC	455,906	$143	9.6%	$106.39	+168.4%	CAP STK CL A	02079K305
MSFT	MICROSOFT CORP	119,686	$58	3.9%	$191.12	+161.9%	COM	594918104
SPOT	SPOTIFY TECHNOLOGY S A	35,576	$21	1.4%	$137.59	+354.3%	SHS	L8681T102
CPRT	COPART INC	349,542	$14	0.9%	$51.14	-18.9%	COM	217204106