BEDDOW CAPITAL MANAGEMENT INC
Q4 2025 Form 13-F
JACKSON, WYOMING
CIK 0001278641
· CRD 107491
· SEC-registered investment adviser
$264.9M Reported Value Total
BEDDOW CAPITAL MANAGEMENT INC reports 164 total accounts under management (AUM). There are 161 discretionary accounts valued at $276,897,004, and 3 non-discretionary accounts valued at $985,308.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
SEC Registered
Discretionary & Non-Discretionary
Source: Form ADV filed 2025-03-10
Reported value
$264.9M
Quarter over quarter
+1.8%
Holdings
54
Top-10 concentration
50.2%
Key People
Form ADV owners & control persons
Edward George Beddow
PRESIDENT/CHIEF COMPLIANCE OFFICER
Mark Steven Mcconnell
DIRECTOR
Craig C Taylor
DIRECTOR
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Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
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Q4 2025 13F record
Q4 2025 13F filing summary
| Period of report | December 31, 2025 |
|---|---|
| Filed | February 11, 2026 |
| Form | 13F-HR |
| Reported value | $264.9M |
| Positions | 54 |
| Change in reported value | -2.4% |
| New positions | 1 |
| Exited positions | 1 |
| Position turnover | 3.6% |
| Top-10 concentration | 50.2% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q4 2025 13F
Filed Feb 11, 2026
|
54 | $264.9M |
|
Q3 2025 13F
Filed Nov 12, 2025
|
54 | $271.3M |
|
Q2 2025 13F
Filed Aug 14, 2025
|
54 | $252.4M |
|
Q1 2025 13F
Filed May 9, 2025
|
56 | $267.3M |
|
Q4 2024 13F
Filed Feb 11, 2025
|
57 | $243.3M |
|
Q3 2024 13F
Filed Nov 7, 2024
|
58 | $244.0M |
|
Q2 2024 13F
Filed Aug 13, 2024
|
58 | $228.7M |
|
Q1 2024 13F
Filed Apr 24, 2024
|
58 | $228.7M |
|
Q4 2023 13F
Filed Jan 25, 2024
|
56 | $214.7M |
|
Q3 2023 13F
Filed Nov 8, 2023
|
54 | $205.1M |
|
Q2 2023 13F
Filed Aug 8, 2023
|
52 | $196.8M |
|
Q1 2023 13F
Filed May 9, 2023
|
52 | $199.6M |
|
Q4 2022 13F
Filed Feb 2, 2023
|
50 | $195.6M |
|
Q3 2022 13F
Filed Nov 14, 2022
|
49 | $165.2M |
|
Q2 2022 13F
Filed Aug 2, 2022
|
48 | $169.9M |
|
Q1 2022 13F
Filed May 4, 2022
|
54 | $189.7M |
|
Q4 2021 13F
Filed Feb 2, 2022
|
48 | $176.3M |
|
Q3 2021 13F
Filed Oct 27, 2021
|
50 | $167.1M |
|
Q2 2021 13F
Filed Aug 5, 2021
|
56 | $174.2M |
|
Q1 2021 13F
Filed Apr 8, 2021
|
54 | $157.4M |
31 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q4 2025
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | TPL Texas Pacific Land Corporation | $19.6M | 7.4% |
| 2 | W48102128 Investor AB 'B' | $16.3M | 6.15% |
| 3 | DG Dollar General Corporation | $15.1M | 5.71% |
| 4 | MSB Mesabi Trust Ctfs | $13.6M | 5.13% |
| 5 | IBM International Business Machine | $13.6M | 5.12% |
| 6 | BLX Banco Latinoamericano de Expor | $13.1M | 4.95% |
| 7 | FNV Franco-Nevada Coporation | $10.6M | 4.01% |
| 8 | WPM Wheaton Precious Metals Corp | $10.6M | 3.99% |
| 9 | ALV Autoliv, Inc. | $10.5M | 3.98% |
| 10 | JNJ Johnson & Johnson | $10.0M | 3.78% |
| 11 | SIEGY Siemens AG | $10.0M | 3.78% |
| 12 | ABBNY ABB Ltd | $9.2M | 3.49% |
| 13 | CPRN Citigroup Cap XIII Tr Pfd | $8.7M | 3.3% |
| 14 | BRK-B Berkshire Hathaway Cl B | $7.9M | 2.99% |
| 15 | NSRGY Nestle S.A. | $7.3M | 2.74% |
| 16 | FUJHY Subaru Corporation | $6.3M | 2.36% |
| 17 | BRK-A Berkshire Hathaway | $6.0M | 2.28% |
| 18 | ABBV AbbVie Inc. | $5.9M | 2.22% |
| 19 | LNG Cheniere Energy, Inc. | $5.6M | 2.11% |
| 20 | FANG Diamondback Energy Inc | $5.3M | 2.0% |
Values as reported on the Q4 2025 Form 13F. Every position is in the holdings table below.