Q2 2026 13F · SEC CIK 1800135

PYA Waltman Capital, LLC

Wealth managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $420.6M
Reported positions: 67
Top holdings a year, 3 yrs: +12.7%
Assets under management: $1.0B

PYA Waltman Capital, LLC is a wealth manager that reported 67 positions worth $420.6M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Berkshire Hathaway Inc Del (BRK-B, 9.8%), T Rowe Price Exchange-Traded (TCAF, 8.5%), Post Hldgs Inc (POST, 7.1%). A portfolio copying its top holdings returned 12.7% a year over the last 3 years, against 20.4% for the S&P 500.

PYA Waltman Capital, LLC holdings largest 50 of 67 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.

PYA Waltman Capital, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
BRK-BBerkshire Hathaway Inc Del	9.8%	10.6%	82,464	+3.6%	$41.3M
TCAFT Rowe Price Exchange-Traded	8.5%	8.2%	870,538	+4.5%	$35.8M
POSTPost Hldgs Inc	7.1%	9.0%	339,643	+3.2%	$30.0M
AMZNAmazon Com Inc	6.5%	5.7%	114,869	+15.8%	$27.4M
GOOGLAlphabet Inc	6.1%	6.0%	71,337	-4.5%	$25.5M
MKLMarkel Group Inc	5.5%	6.0%	11,797	+3.5%	$23.0M
HEI-AHeico Corp	4.3%	3.7%	69,745	+11.7%	$18.0M
DHRDanaher Corp Del	3.9%	4.1%	86,039	+11.6%	$16.4M
TDGTransdigm Group Inc	3.8%	4.2%	11,996	-8.8%	$16.0M
78409V112S&p Global Inc	3.2%	—	33,172	—	$13.5M
JNJJohnson & Johnson	2.7%	2.8%	45,046	+8.7%	$11.4M
ROPRoper Technologies Inc	2.5%	3.2%	31,188	-3.4%	$10.6M
CEFSprott Asset Management LP	2.0%	2.5%	204,820	+7.1%	$8.2M
TXNTexas Instrs Inc	1.9%	1.3%	26,794	+14.6%	$8.0M
ABBVAbbvie Inc	1.7%	1.3%	28,844	+36.0%	$7.3M
VGITVanguard Scottsdale Fds	1.7%	1.7%	117,824	+11.4%	$6.9M
UPSUnited Parcel Svcs Inc	1.6%	1.2%	62,676	+41.1%	$6.7M
AMGNAmgen Inc	1.5%	1.3%	17,735	+29.0%	$6.4M
PGProcter & Gamble Co	1.4%	1.2%	41,401	+35.6%	$6.1M
HDHome Depot Inc	1.4%	1.1%	16,810	+45.3%	$5.9M
PEPPepsico Inc	1.3%	1.3%	39,563	+28.1%	$5.4M
AVGOBroadcom Inc	1.3%	1.0%	14,024	+21.0%	$5.3M
ETSYEtsy Inc	1.2%	0.9%	68,185	+3.7%	$5.1M
ALLAllstate Corp	1.1%	0.8%	19,318	+35.0%	$4.6M
JPMJpmorgan Chase & Co	1.0%	0.8%	13,235	+39.6%	$4.3M
GDGeneral Dynamics Corp	1.0%	0.9%	11,650	+26.5%	$4.1M
TROWPrice T Rowe Group Inc	1.0%	0.5%	35,516	+85.4%	$4.0M
LMTLockheed Martin Corp	0.9%	0.9%	7,654	+44.4%	$3.9M
CVXChevron Corporation	0.9%	1.0%	23,470	+32.8%	$3.9M
QQQInvesco Qqq Tr	0.9%	0.3%	5,203	+147.8%	$3.8M
MTNVail Resorts Inc	0.9%	1.0%	27,733	+3.0%	$3.8M
BLDTopbuild Cor	0.9%	1.0%	10,634	+2.9%	$3.8M
NVRNvr Inc	0.8%	1.0%	517	-1.1%	$3.5M
ADPAutomatic Data Processing in	0.8%	—	15,405	—	$3.4M
FBTCFidelity Wise Origin Bitcoin	0.8%	1.1%	64,923	-0.5%	$3.3M
AAPLApple Inc	0.7%	0.7%	9,941	+0.2%	$2.9M
CMECme Group Inc	0.6%	—	11,645	—	$2.6M
TRVTravelers Companies Inc	0.6%	0.5%	7,598	+23.7%	$2.5M
VGSHVanguard Scottsdale Fds	0.5%	0.6%	36,871	-7.7%	$2.1M
NEENextera Energy Inc	0.4%	0.4%	21,495	+33.3%	$1.9M
APDAir Products and Chemicals I	0.4%	0.3%	6,326	+98.6%	$1.9M
MCDMcdonalds Corp	0.4%	0.4%	6,860	+52.0%	$1.9M
GPCGenuine Parts Co	0.4%	—	15,587	—	$1.8M
DKSDicks Sporting Goods Inc	0.4%	—	6,992	—	$1.6M
GBTCGrayscale Bitcoin Trust ETF	0.3%	0.5%	31,864	-0.1%	$1.5M
MSFTMicrosoft Corp	0.3%	0.4%	3,732	+2.1%	$1.4M
FETHFidelity Ethereum Fd	0.3%	0.5%	83,723	+4.5%	$1.3M
VTIVanguard Index Fds	0.3%	0.3%	3,363	+0.0%	$1.2M
GEGe Aerospace	0.2%	—	2,757	—	$1.0M
GLDSpdr Gold Tr	0.2%	0.3%	2,670	+0.0%	$983K

What PYA Waltman Capital, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

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

Added to

QQQ Invesco Qqq Tr+147.8% shares
APD Air Products and Chemicals I+98.6% shares
TROW Price T Rowe Group Inc+85.4% shares
MCD Mcdonalds Corp+52.0% shares
HD Home Depot Inc+45.3% shares
LMT Lockheed Martin Corp+44.4% shares
UPS United Parcel Svcs Inc+41.1% shares
JPM Jpmorgan Chase & Co+39.6% shares

Reduced

TDG Transdigm Group Inc-8.8% shares
VGSH Vanguard Scottsdale Fds-7.7% shares

Left the top 50

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: +5.7% /yr; S&P 500 +20.1%
3 years: +12.7% /yr; S&P 500 +20.4%
5 years: +7.4% /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	$420.6M	67
Q1 2026	$360.7M	67
Q4 2025	$372.2M	75
Q3 2025	$373.2M	80
Q2 2025	$347.4M	76
Q1 2025	$318.1M	75
Q4 2024	$310.4M	78
Q3 2024	$306.0M	73
Q2 2024	$272.3M	66
Q1 2024	$269.6M	66
Q4 2023	$240.2M	66
Q3 2023	$236.1M	62

Questions about PYA Waltman Capital, LLC's portfolio

What stocks does PYA Waltman Capital, LLC own?

PYA Waltman Capital, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 67 positions worth $420.6M. The largest are Berkshire Hathaway Inc Del (BRK-B) at 9.8%, T Rowe Price Exchange-Traded (TCAF) at 8.5%, Post Hldgs Inc (POST) at 7.1%, Amazon Com Inc (AMZN) at 6.5% and Alphabet Inc (GOOGL) at 6.1%.

What did PYA Waltman Capital, LLC buy last quarter?

In Q2 2026, PYA Waltman Capital, LLC added Invesco Qqq Tr (QQQ) (+147.8% shares), Air Products and Chemicals I (APD) (+98.6% shares) and Price T Rowe Group Inc (TROW) (+85.4% shares), compared with its Q1 2026 filing.

What did PYA Waltman Capital, LLC sell last quarter?

In Q2 2026, PYA Waltman Capital, LLC cut from its top 50 S&p Global Inc (SPGI), cut from its top 50 American Tower Corp (AMT), cut from its top 50 Verizon Communications Inc (VZ), cut from its top 50 Cisco Sys Inc (CSCO), cut from its top 50 Starbucks Corp (SBUX), Transdigm Group Inc (TDG) (-8.8% shares) and Vanguard Scottsdale Fds (VGSH) (-7.7% shares), compared with its Q1 2026 filing.

How has PYA Waltman Capital, LLC's portfolio performed?

A portfolio copying PYA Waltman Capital, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +12.7% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +5.7% against +20.1%. Over 5 years: +7.4% a year against +11.6%.

When is PYA Waltman Capital, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. PYA Waltman Capital, 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 PYA Waltman Capital, LLC manage?

PYA Waltman Capital, LLC reported $1.0B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $420.6M.