Lincoln Capital 13F annual report
Lincoln Capital is an investment fund managing more than $410 billion ran by Cynthia Hahn. There are currently 96 companies in Mrs. Hahn’s portfolio. The largest investments include Berkshire Hathaway and Mastercard, together worth $92.4 billion.
$410 billion Assets Under Management (AUM)
As of 3rd January 2024, Lincoln Capital’s top holding is 97,791 shares of Berkshire Hathaway currently worth over $64.7 billion and making up 15.8% of the portfolio value.
Relative to the number of outstanding shares of Berkshire Hathaway, Lincoln Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 65,003 shares of Mastercard worth $27.7 billion, whose value grew 7.8% in the past six months.
The third-largest holding is Markel Inc worth $25.6 billion and the next is Costco Whsl Corp New worth $24.7 billion, with 37,352 shares owned.
Currently, Lincoln Capital's portfolio is worth at least $410 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 Lincoln Capital
The Lincoln Capital office and employees reside in Lincoln, Nebraska. According to the last 13-F report filed with the SEC, Cynthia Hahn serves as the CCO at Lincoln Capital.
Recent trades
In the most recent 13F filing, Lincoln Capital revealed that it had opened a new position in
Veralto Corp and bought 25,722 shares worth $2.12 billion.
The investment fund also strengthened its position in Markel Inc by buying
296 additional shares.
This makes their stake in Markel Inc total 18,025 shares worth $25.6 billion.
Markel Inc soared 3.1% in the past year.
On the other hand, there are companies that Lincoln Capital is getting rid of from its portfolio.
Lincoln Capital closed its position in RH on 10th January 2024.
It sold the previously owned 632 shares for $208 million.
Cynthia Hahn also disclosed a decreased stake in Berkshire Hathaway by approximately 0.1%.
This leaves the value of the investment at $64.7 billion and 97,791 shares.
One of the average hedge funds
The two most similar investment funds to Lincoln Capital are Quantum Advisors and Cooper. They manage $410 billion and $410 billion respectively.
Cynthia Hahn investment strategy
Lincoln Capital’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Finance — making up 31.3% of
the total portfolio value.
The fund focuses on investments in the United States as
45.8% 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
51% 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 $257 billion.
The complete list of Lincoln Capital trades based on 13F SEC filings
These positions were updated on January 10th 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 |
|---|---|---|---|
| Berkshire Hathaway Inc. |
1.22%
97,791
|
$64,706,191,000 | 15.77% |
| Mastercard Incorporated |
1.79%
65,003
|
$27,723,441,000 | 6.76% |
| Markel Group Inc |
1.67%
18,025
|
$25,572,692,000 | 6.23% |
| Costco Whsl Corp New |
1.26%
37,352
|
$24,661,388,000 | 6.01% |
| Alphabet Inc |
0.96%
185,060
|
$25,871,572,000 | 6.31% |
| Danaher Corp. |
0.99%
78,947
|
$18,274,466,000 | 4.45% |
| Starbucks Corp. |
0.44%
179,471
|
$17,230,067,000 | 4.20% |
| Microsoft Corporation |
1.48%
41,918
|
$15,762,159,000 | 3.84% |
| Amazon.com Inc. |
1.11%
86,032
|
$13,072,770,000 | 3.19% |
| Apple Inc |
0.77%
58,367
|
$11,237,753,000 | 2.74% |
| Mcdonalds Corp |
0.25%
34,509
|
$10,231,585,000 | 2.49% |
| Diageo plc |
0.48%
64,493
|
$9,393,218,000 | 2.29% |
| Disney Walt Co |
0.73%
99,495
|
$8,984,954,000 | 2.19% |
| Roper Technologies Inc |
0.98%
14,669
|
$7,998,219,000 | 1.95% |
| Otis Worldwide Corporation |
1.37%
77,726
|
$6,958,142,000 | 1.70% |
| Carrier Global Corporation |
0.48%
115,047
|
$6,610,445,000 | 1.61% |
| Marriott Intl Inc New |
1.78%
27,886
|
$6,288,511,000 | 1.53% |
| Linde Plc. |
1.84%
14,648
|
$6,016,045,000 | 1.47% |
| Union Pac Corp |
0.19%
22,644
|
$5,561,839,000 | 1.36% |
| Jpmorgan Chase Co |
1.53%
31,688
|
$5,390,044,000 | 1.31% |
| Coca-Cola Co |
1.09%
85,203
|
$5,017,920,000 | 1.22% |
| Moodys Corp |
0.57%
12,309
|
$4,807,444,000 | 1.17% |
| Schwab Charles Corp |
0.00%
66,680
|
$4,589,802,000 | 1.12% |
| Johnson Johnson |
1.31%
27,162
|
$4,256,974,000 | 1.04% |
| Becton Dickinson Co |
5.87%
16,161
|
$3,939,577,000 | 0.96% |
| Bank New York Mellon Corp |
3.24%
65,853
|
$3,428,536,000 | 0.84% |
| American Express Co. |
2.72%
15,733
|
$2,947,714,000 | 0.72% |
| Pepsico Inc |
0.29%
17,113
|
$2,906,238,000 | 0.71% |
| Travelers Companies Inc. |
3.39%
15,080
|
$2,872,615,000 | 0.70% |
| Hagerty Inc |
18.30%
328,763
|
$2,593,257,000 | 0.63% |
| Copart, Inc. |
95.37%
48,474
|
$2,375,226,000 | 0.58% |
| Blackrock Inc. |
0.96%
2,876
|
$2,334,845,000 | 0.57% |
| Ishares Tr |
2.16%
68,906
|
$8,172,618,000 | 1.99% |
| Veralto Corp |
Opened
25,722
|
$2,117,465,000 | 0.52% |
| Deere Co |
1.44%
5,078
|
$2,030,394,000 | 0.49% |
| Fastenal Co. |
No change
28,993
|
$1,877,877,000 | 0.46% |
| Ecolab, Inc. |
1.68%
8,405
|
$1,667,132,000 | 0.41% |
| Chubb Limited |
0.61%
7,145
|
$1,614,770,000 | 0.39% |
| Home Depot, Inc. |
0.11%
3,774
|
$1,307,747,000 | 0.32% |
| Nike, Inc. |
No change
11,311
|
$1,228,035,000 | 0.30% |
| Amphenol Corp. |
No change
12,241
|
$1,213,460,000 | 0.30% |
| Sp Global Inc |
2.26%
2,591
|
$1,141,387,000 | 0.28% |
| United Parcel Service, Inc. |
0.99%
7,233
|
$1,137,277,000 | 0.28% |
| Walmart Inc |
No change
6,866
|
$1,082,425,000 | 0.26% |
| Accenture Plc Ireland |
No change
3,080
|
$1,080,803,000 | 0.26% |
| Cincinnati Finl Corp |
No change
9,806
|
$1,014,529,000 | 0.25% |
| Brookfield Asset Managmt Ltd |
0.88%
24,973
|
$1,003,204,000 | 0.24% |
| Procter And Gamble Co |
No change
6,544
|
$958,958,000 | 0.23% |
| Esab Corporation |
0.17%
10,719
|
$937,506,000 | 0.23% |
| Vanguard Index Fds |
2.86%
11,279
|
$2,201,828,000 | 0.54% |
| Colgate-Palmolive Co. |
1.00%
10,077
|
$803,238,000 | 0.20% |
| Exxon Mobil Corp. |
0.19%
7,773
|
$777,111,000 | 0.19% |
| Waste Connections Inc |
No change
5,062
|
$755,605,000 | 0.18% |
| Applied Matls Inc |
2.17%
4,515
|
$731,708,000 | 0.18% |
| Capital Group Intl Focus Eqt |
6.02%
30,505
|
$728,154,000 | 0.18% |
| Mettler-Toledo International, Inc. |
No change
575
|
$697,452,000 | 0.17% |
| Spdr Gold Tr |
0.27%
3,644
|
$696,623,000 | 0.17% |
| Phillips 66 |
4.29%
4,867
|
$647,992,000 | 0.16% |
| Capital Group Growth Etf |
9.56%
21,758
|
$614,290,000 | 0.15% |
| American Tower Corp. |
No change
2,700
|
$582,876,000 | 0.14% |
| Visa Inc |
No change
2,187
|
$569,385,000 | 0.14% |
| Hershey Company |
3.67%
2,998
|
$558,834,000 | 0.14% |
| Brookfield Corp |
0.08%
13,871
|
$556,591,000 | 0.14% |
| Stryker Corp. |
No change
1,780
|
$533,039,000 | 0.13% |
| Xylem Inc |
No change
4,488
|
$513,248,000 | 0.13% |
| Automatic Data Processing In |
No change
2,126
|
$495,294,000 | 0.12% |
| Henry Schein Inc. |
No change
6,500
|
$492,115,000 | 0.12% |
| Capital Group Dividend Value |
9.94%
16,420
|
$489,973,000 | 0.12% |
| Spdr Sp 500 Etf Tr |
66.72%
977
|
$464,557,000 | 0.11% |
| Vanguard Tax-managed Fds |
21.35%
8,492
|
$406,785,000 | 0.10% |
| Vanguard Intl Equity Index F |
8.82%
9,020
|
$370,732,000 | 0.09% |
| Intel Corp. |
No change
7,230
|
$363,308,000 | 0.09% |
| Pfizer Inc. |
4.75%
12,559
|
$361,574,000 | 0.09% |
| Us Bancorp Del |
No change
8,180
|
$354,030,000 | 0.09% |
| Tesla Inc |
7.75%
1,390
|
$345,387,000 | 0.08% |
| Wells Fargo Co New |
0.56%
6,665
|
$328,051,000 | 0.08% |
| Mccormick Co Inc |
0.13%
4,560
|
$311,980,000 | 0.08% |
| Unilever plc |
19.01%
6,434
|
$311,920,000 | 0.08% |
| RTX Corp |
0.83%
3,592
|
$302,254,000 | 0.07% |
| Conocophillips |
8.54%
2,543
|
$295,166,000 | 0.07% |
| Meta Platforms Inc |
No change
798
|
$282,460,000 | 0.07% |
| Eaton Corp Plc |
No change
1,162
|
$279,833,000 | 0.07% |
| Northern Tr Corp |
No change
3,226
|
$272,310,000 | 0.07% |
| Price T Rowe Group Inc |
No change
2,406
|
$259,102,000 | 0.06% |
| Cisco Sys Inc |
2.02%
5,060
|
$255,631,000 | 0.06% |
| Nucor Corp. |
31.75%
1,423
|
$247,659,000 | 0.06% |
| Bank America Corp |
Opened
6,965
|
$234,512,000 | 0.06% |
| Sysco Corp. |
No change
3,172
|
$231,968,000 | 0.06% |
| Lauder Estee Cos Inc |
86.63%
1,560
|
$228,150,000 | 0.06% |
| Dimensional Etf Trust |
No change
7,766
|
$227,000,000 | 0.06% |
| International Business Machs |
Opened
1,312
|
$214,628,000 | 0.05% |
| NVIDIA Corp |
Opened
432
|
$213,935,000 | 0.05% |
| Oracle Corp. |
No change
1,999
|
$210,755,000 | 0.05% |
| RH |
Closed
632
|
$208,301,000 | |
| Philip Morris International Inc |
No change
2,170
|
$204,154,000 | 0.05% |
| Nuscale Pwr Corp |
Opened
15,956
|
$52,495,000 | 0.01% |
| Goldmining Inc |
Opened
10,752
|
$10,475,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 97 holdings | |||
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