Pecaut & Co 13F annual report

Pecaut & Co is an investment fund managing more than $263 billion ran by John Pecaut. There are currently 56 companies in Mr. Pecaut’s portfolio. The largest investments include Ishares Tr and Berkshire Hathaway, together worth $67.7 billion.

Limited to 30 biggest holdings

$263 billion Assets Under Management (AUM)

As of 31st July 2024, Pecaut & Co’s top holding is 331,640 shares of Ishares Tr currently worth over $33.1 billion and making up 12.6% of the portfolio value. In addition, the fund holds 66,951 shares of Berkshire Hathaway worth $34.6 billion, whose value grew 10.1% in the past six months. The third-largest holding is Spdr Ser Tr worth $54.6 billion and the next is Alphabet Inc worth $13.8 billion, with 75,029 shares owned.

Currently, Pecaut & Co's portfolio is worth at least $263 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Pecaut & Co

The Pecaut & Co office and employees reside in Sioux City, Iowa. According to the last 13-F report filed with the SEC, John Pecaut serves as the Vice President and CCO at Pecaut & Co.

Recent trades

In the most recent 13F filing, Pecaut & Co revealed that it had opened a new position in Vanguard Specialized Funds and bought 43,457 shares worth $7.93 billion.

The investment fund also strengthened its position in Ishares Tr by buying 66,293 additional shares. This makes their stake in Ishares Tr total 331,640 shares worth $33.1 billion.

On the other hand, there are companies that Pecaut & Co is getting rid of from its portfolio. Pecaut & Co closed its position in Spdr Ser Tr on 7th August 2024. It sold the previously owned 58,095 shares for $7.12 billion. John Pecaut also disclosed a decreased stake in Berkshire Hathaway by approximately 0.1%. This leaves the value of the investment at $34.6 billion and 66,951 shares.

One of the smaller hedge funds

The two most similar investment funds to Pecaut & Co are Proquility Private Wealth Partners and Oak Family Advisors. They manage $264 billion and $263 billion respectively.


John Pecaut investment strategy

Pecaut & Co’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Finance — making up 13.8% of the total portfolio value. The fund focuses on investments in the United States as 39.3% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 25% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $307 billion.

The complete list of Pecaut & Co trades based on 13F SEC filings

These positions were updated on August 7th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Ishares Tr
24.98%
331,640
$33,131,339,000 12.58%
Berkshire Hathaway Inc.
6.47%
66,951
$34,577,677,000 13.12%
Spdr Ser Tr
3.54%
766,524
$54,577,870,000 20.72%
Alphabet Inc
18.71%
75,029
$13,761,893,000 5.22%
Apple Inc
26.72%
58,337
$12,286,995,000 4.66%
Texas Pacific Land Corporati
166.58%
15,843
$11,633,256,000 4.42%
Vanguard Specialized Funds
Opened
43,457
$7,933,075,000 3.01%
Costco Whsl Corp New
3.64%
8,964
$7,619,251,000 2.89%
Ishares Inc
1.44%
115,728
$6,851,089,000 2.60%
Spdr Ser Tr
Closed
58,095
$7,115,602,000
Global X Fds
4.09%
178,565
$6,610,479,000 2.51%
Spdr Index Shs Fds
8.75%
147,544
$5,175,854,000 1.96%
Lowes Cos Inc
16.31%
23,447
$5,169,018,000 1.96%
Autonation Inc.
11.98%
29,395
$4,684,975,000 1.78%
Knife River Corp
8.73%
57,500
$4,033,050,000 1.53%
Canadian Pacific Kansas City
17.59%
48,272
$3,800,455,000 1.44%
NVIDIA Corp
838.89%
28,054
$3,465,847,000 1.32%
Microsoft Corporation
2.65%
7,305
$3,265,091,000 1.24%
First Tr Exchange Traded Fd
3.19%
57,859
$3,264,403,000 1.24%
Deere & Co.
0.93%
8,314
$3,106,176,000 1.18%
Tidewater Inc.
No change
31,500
$2,999,115,000 1.14%
Intercontinental Exchange In
3.85%
21,250
$2,908,913,000 1.10%
Occidental Pete Corp
14.82%
35,158
$2,216,009,000 0.84%
White Mtns Ins Group Ltd
No change
1,167
$2,120,964,000 0.81%
First Tr Exchange Traded Fd
Opened
17,965
$2,076,449,000 0.79%
Floor & Decor Holdings Inc
6.30%
18,550
$1,844,056,000 0.70%
Accenture Plc Ireland
Closed
4,975
$1,745,777,000
Oracle Corp.
Opened
11,542
$1,629,730,000 0.62%
First Tr Exchange-traded Fd
Closed
10,181
$1,609,160,000
Listed Fd Tr
22.53%
48,150
$1,573,542,000 0.60%
Vanguard Index Fds
13.28%
14,284
$3,535,367,000 1.34%
Diamond Offshore Drilling In
19.74%
85,000
$1,316,650,000 0.50%
United Rentals, Inc.
0.05%
1,952
$1,262,212,000 0.48%
American Express Co.
2.36%
5,214
$1,207,302,000 0.46%
Union Pac Corp
10.67%
4,888
$1,106,021,000 0.42%
Walmart Inc
111.82%
15,435
$1,045,104,000 0.40%
Source Cap Inc
31.68%
22,918
$1,014,429,000 0.39%
Vanguard Tax-managed Fds
4.36%
19,612
$969,201,000 0.37%
BWX Technologies Inc
6.16%
10,135
$962,825,000 0.37%
Builders Firstsource Inc
17.70%
6,650
$920,427,000 0.35%
Liberty Media Corp.
4.44%
12,908
$829,081,000 0.31%
Johnson & Johnson
32.26%
4,687
$684,989,000 0.26%
MYR Group Inc
32.26%
4,620
$626,980,000 0.24%
Pepsico Inc
Closed
3,600
$611,424,000
Wheaton Precious Metals Corp
No change
11,050
$579,241,000 0.22%
Caseys Gen Stores Inc
14.92%
1,425
$543,723,000 0.21%
Markel Group Inc
Closed
378
$536,722,000
Vanguard World Fd
19.80%
5,477
$529,230,000 0.20%
Ishares Tr
Closed
4,200
$492,324,000
World Gold Tr
No change
10,355
$477,262,000 0.18%
Hershey Company
Closed
2,400
$447,456,000
Noble Corp Plc
No change
10,000
$446,500,000 0.17%
Boston Omaha Corp
131.78%
29,900
$402,454,000 0.15%
Valaris Ltd
54.55%
5,000
$372,500,000 0.14%
Boeing Co.
Closed
1,425
$371,441,000
Mesabi Tr
58.39%
21,700
$371,287,000 0.14%
Meta Platforms Inc
Closed
1,026
$363,163,000
Canadian Natl Ry Co
40.20%
2,850
$336,671,000 0.13%
Jefferies Finl Group Inc
No change
6,350
$315,976,000 0.12%
Seritage Growth Pptys
Closed
33,000
$308,550,000
Schlumberger Ltd.
No change
6,500
$306,670,000 0.12%
RLI Corp.
No change
1,991
$280,143,000 0.11%
Tesla Inc
Closed
1,125
$279,540,000
Spdr S&p 500 Etf Tr
1.55%
459
$249,809,000 0.09%
Vitesse Energy Inc
Closed
10,247
$224,307,000
United Fire Group Inc
No change
10,200
$219,198,000 0.08%
Renn Fd Inc
2.27%
86,050
$146,285,000 0.06%
Gabelli Equity Tr Inc
70.61%
17,136
$89,107,000 0.03%
No transactions found
Showing first 500 out of 68 holdings