Q2 2026 13F · SEC CIK 1427147

Cheviot Value Management, LLC

Wealth managerFiled 2026-08-06 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $984.0M
Reported positions: 442
Top holdings a year, 3 yrs: +17.3%
Assets under management: $1.2B

Cheviot Value Management, LLC is a wealth manager that reported 442 positions worth $984.0M in its Q2 2026 13F, filed 2026-08-06. Its largest holdings were Berkshire Hathaway Inc Del (BRK-B, 12.1%), Ishares Tr (SGOV, 10.3%), Agnico Eagle Mines Ltd (AEM, 6.5%). A portfolio copying its top holdings returned 17.3% a year over the last 3 years, against 20.4% for the S&P 500.

Cheviot Value Management, LLC holdings largest 50 of 442 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Cheviot Value Management, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
BRK-BBerkshire Hathaway Inc Del	12.1%	11.4%	237,670	-0.0%	$118.9M
SGOVIshares Tr	10.3%	10.8%	1,002,516	-6.1%	$100.9M
AEMAgnico Eagle Mines Ltd	6.5%	8.4%	409,761	-0.3%	$63.6M
GOOGLAlphabet Inc	5.8%	4.8%	158,980	-4.4%	$56.8M
TOTLSsga Active ETF Tr	5.5%	5.5%	1,368,052	-0.9%	$54.0M
JNJJohnson & Johnson	4.0%	3.9%	154,695	-2.9%	$39.3M
LQDIshares Tr	3.6%	3.6%	323,920	-2.4%	$35.3M
TDTFFlexshares Tr	3.3%	3.3%	1,372,859	+0.8%	$32.6M
VVisa Inc	2.8%	2.4%	80,407	+2.8%	$27.6M
METAMeta Platforms Inc	2.5%	2.3%	43,818	+8.2%	$24.7M
CEFSprott Asset Management LP	2.3%	2.8%	567,160	-1.2%	$22.8M
ULUnilever PLC	2.2%	1.9%	367,496	+10.7%	$22.1M
MRKMerck & Co Inc	2.2%	2.1%	171,084	-0.2%	$22.0M
MSFTMicrosoft Corp	2.2%	2.1%	57,787	+0.1%	$21.6M
NEMNewmont Corp	2.1%	2.4%	218,434	-2.0%	$20.4M
AMZNAmazon Com Inc	2.0%	1.7%	81,721	+1.3%	$19.5M
XOMExxonmobil Holdings Corp	1.7%	—	124,616	—	$17.0M
MKLMarkel Group Inc	1.6%	1.3%	7,971	+14.6%	$15.6M
CMCSAComcast Corp New	1.6%	1.7%	627,143	+6.3%	$15.4M
BRK-ABerkshire Hathaway Inc Del	1.5%	1.4%	20	+0.0%	$15.0M
PFEPfizer Inc	1.5%	1.7%	612,610	+0.3%	$14.8M
CVXChevron Corporation	1.4%	1.7%	82,362	-0.7%	$13.7M
COPConocophillips	1.3%	1.6%	119,603	-0.8%	$12.4M
BBarrick Mng Corp	1.2%	1.3%	308,875	-3.2%	$11.3M
AAPLApple Inc	1.0%	0.9%	34,484	-0.2%	$10.0M
QQQInvesco Qqq Tr	0.9%	0.7%	11,987	-0.7%	$8.8M
ABBVAbbvie Inc	0.7%	0.6%	27,894	-0.7%	$7.0M
DEMWisdomtree Tr	0.7%	0.6%	127,512	+0.1%	$6.9M
AGIAlamos Gold Inc	0.7%	0.9%	217,351	+3.3%	$6.6M
IBDWIshares Tr	0.6%	0.6%	298,110	-0.7%	$6.2M
IBDTIshares Ibonds Dec 2028 Term Corporate E	0.6%	0.6%	244,851	-2.6%	$6.2M
PAASPan Amern Silver Corp	0.6%	0.7%	130,025	-1.5%	$5.8M
OAKMOakmark U.s. Large Cap ETF	0.6%	0.5%	192,975	+12.8%	$5.4M
SCHOSchwab Strategic Tr	0.5%	0.3%	213,107	+60.7%	$5.1M
FNDESchwab Strategic Tr	0.5%	0.5%	129,249	-1.4%	$5.1M
OXYOccidental Pete Corp	0.5%	0.7%	96,617	-3.0%	$4.7M
GDXVaneck ETF Trust	0.4%	0.5%	57,130	-0.3%	$4.3M
CVSCvs Health Corp	0.4%	0.3%	41,597	-1.8%	$4.3M
SNDKSandisk Corp	0.4%	—	1,694	—	$3.9M
AMATApplied Matls Inc	0.4%	0.2%	5,136	-0.5%	$3.7M
PSXPhillips 66	0.4%	0.4%	21,875	-2.1%	$3.7M
AGGIshares Tr	0.4%	0.3%	35,825	+2.5%	$3.5M
VOOVanguard Index Fds	0.4%	0.3%	5,159	+1.6%	$3.5M
LBRDKLiberty Broadband Corp	0.3%	0.6%	98,593	-22.2%	$3.3M
GOVTIshares Tr	0.3%	0.3%	142,817	+14.2%	$3.3M
NVDANvidia Corporation	0.3%	0.2%	14,096	+2.8%	$2.8M
PIDInvesco International Dividend Achievers	0.3%	0.3%	122,502	+0.4%	$2.7M
WDCWestern Digital Corp Com	0.3%	—	4,240	—	$2.7M
JPMJpmorgan Chase & Co	0.3%	0.2%	8,273	+1.2%	$2.7M
SMHVaneck ETF Trust	0.3%	—	3,850	—	$2.5M

What Cheviot Value Management, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +16.7% /yr; S&P 500 +20.1%
3 years: +17.3% /yr; S&P 500 +20.4%
5 years: +9.8% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$984.0M	442
Q1 2026	$995.6M	425
Q4 2025	$1.0B	415
Q3 2025	$940.2M	443
Q2 2025	$872.3M	432
Q1 2025	$813.1M	454
Q4 2024	$523.0M	70
Q3 2024	$530.1M	67
Q2 2024	$512.0M	69
Q1 2024	$456.2M	62
Q4 2023	$464.5M	72
Q3 2023	$451.8M	74

Questions about Cheviot Value Management, LLC's portfolio

What stocks does Cheviot Value Management, LLC own?

Cheviot Value Management, LLC's latest 13F, for Q2 2026 and filed Aug 6, 2026, lists 442 positions worth $984.0M. The largest are Berkshire Hathaway Inc Del (BRK-B) at 12.1%, Ishares Tr (SGOV) at 10.3%, Agnico Eagle Mines Ltd (AEM) at 6.5%, Alphabet Inc (GOOGL) at 5.8% and Ssga Active ETF Tr (TOTL) at 5.5%.

What did Cheviot Value Management, LLC buy last quarter?

In Q2 2026, Cheviot Value Management, LLC added Schwab Strategic Tr (SCHO) (+60.7% shares), Markel Group Inc (MKL) (+14.6% shares) and Ishares Tr (GOVT) (+14.2% shares), compared with its Q1 2026 filing.

What did Cheviot Value Management, LLC sell last quarter?

In Q2 2026, Cheviot Value Management, LLC cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Vanguard Bd Index Fds (BSV), cut from its top 50 Sprott Fds Tr (URNM), cut from its top 50 Costco Wholesale Corporation (COST), Liberty Broadband Corp (LBRDK) (-22.2% shares) and Ishares Tr (SGOV) (-6.1% shares), compared with its Q1 2026 filing.

How has Cheviot Value Management, LLC's portfolio performed?

A portfolio copying Cheviot Value Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +17.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +16.7% against +20.1%. Over 5 years: +9.8% a year against +11.6%.

When is Cheviot Value Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Cheviot Value Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Cheviot Value Management, LLC manage?

Cheviot Value Management, LLC reported $1.2B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $984.0M.