Poehling Capital Management INC's Q1 2023 13F: 9 new positions, 9 exits
Form 13F-HR for the quarter ended Mar 31, 2023 · filed May 11, 2023 · 122 reported positions · accession 0001104659-23-059076
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | ANHEUSER BUSCH INBEV S F SPONSORED ADR 1 ADR REPS 1 ORD SHS (BUD) | 1.4% | — | −1.4 pts | −60,411 sh | −100% |
| Increased | CHARLES SCHWAB CORP (SCHW) | 0.5% | 1.5% | +1.0 pts | +70,306 sh | +405% |
| Increased | FIDELITY NATL INFO (FIS) | 0.1% | 1.2% | +1.1 pts | +59,663 sh | +1490% |
| Increased | 3M CO (MMM) | 0.5% | 1.5% | +1.0 pts | +30,138 sh | +270% |
| Increased | AMAZON.COM INC (AMZN) | 0.1% | 1.1% | +1.0 pts | +27,194 sh | +719% |
| New | PROSHARES ULTRASHORT S&P 500 ETF (SDS) | — | 0.9% | +0.9 pts | +66,019 sh | new |
| Increased | AMGEN INC. (AMGN) | 0.1% | 1.0% | +0.8 pts | +10,564 sh | +740% |
| Increased | WALGREENS BOOTS ALLI (WBA) | 2.2% | 2.6% | +0.3 pts | +61,378 sh | +39% |
| Increased | WALT DISNEY CO (DIS) | 0.7% | 1.4% | +0.7 pts | +19,192 sh | +89% |
| Exited | TRAVELCENTERS AMER INC (TA) | 0.6% | — | −0.6 pts | −38,317 sh | −100% |
| Increased | BOOKING HOLDINGS INC (BMY) | 2.3% | 2.1% | −0.2 pts | +17,237 sh | +39% |
| Increased | PARAMOUNT GLOBAL CLASS B (PARAA) | 1.1% | 1.9% | +0.8 pts | +76,369 sh | +43% |
| New | PETROLEO BRASILEIRO F SPONSORED ADR 1 ADR REPS 2 ORD SHS (PBR) | — | 0.6% | +0.6 pts | +158K sh | new |
| Increased | INTEL CORP (INTC) | 0.6% | 1.2% | +0.6 pts | +49,007 sh | +84% |
| Reduced | META PLATFORMS INC CLASS A (META) | 0.8% | 0.8% | 0.0 pts | −7,158 sh | −39% |
| New | VERIZON COMMUNICATN (VZ) | — | 0.4% | +0.4 pts | +30,441 sh | new |
| New | CENTENE CORP (CNC) | — | 0.4% | +0.4 pts | +18,226 sh | new |
| Increased | ORGANON & CO (OGN) | 3.2% | 2.8% | −0.4 pts | +47,903 sh | +16% |
| Exited | WYNN RESORTS (WYNN) | 0.4% | — | −0.4 pts | −11,572 sh | −100% |
| Reduced | FEDEX CORP (FDX) | 0.4% | 0.2% | −0.2 pts | −3,226 sh | −58% |
| Increased | OCCIDENTAL PETROL CO (OXY) | 2.4% | 2.3% | 0.0 pts | +9,976 sh | +10% |
| Increased | PFIZER INC (PFE) | 1.0% | 0.9% | −0.1 pts | +10,638 sh | +21% |
| Reduced | MERCK & CO. INC. (MRK) | 0.5% | 0.3% | −0.2 pts | −3,967 sh | −31% |
| Increased | WARNER BROTHERS DISCOVER (WBD) | 2.0% | 2.9% | +1.0 pts | +27,468 sh | +5% |
| Increased | CVS HEALTH CORP (CVS) | 2.9% | 2.2% | −0.7 pts | +4,714 sh | +6% |
| New | PHILLIPS 66 (PSX) | — | 0.1% | +0.1 pts | +3,066 sh | new |
| New | BP PLC F SPONSORED ADR 1 ADR REPS 6 ORD SHS (BP) | — | 0.1% | +0.1 pts | +8,107 sh | new |
| Reduced | TECHNIPFMC LTD F (FTI) | 0.2% | 0.1% | −0.1 pts | −21,940 sh | −43% |
| Increased | KRANESHARES CSI CHINA INTERNET ETF (KWEB) | 0.1% | 0.2% | +0.1 pts | +9,554 sh | +82% |
| Increased | CANNAE HOLDINGS INC (CNNE) | 2.3% | 2.1% | −0.2 pts | +13,974 sh | +5% |
| New |
VITESSE ENERGY INC (VTS)
new — newly listed security (e.g. spin-off)
|
— | 0.1% | +0.1 pts | +14,192 sh | new |
| Exited | SPDR S&P BANK ETF (KBE) | 0.1% | — | −0.1 pts | −5,349 sh | −100% |
| Increased | BERKSHIRE HATHAWAY CLASS B (BRK-B) | 7.4% | 6.8% | −0.7 pts | +805 sh | +1% |
| Increased | BRIT AMER TOBACCO F UNSPONSORED ADR 1 ADR REPS 1 ORD SHS (BTI) | 1.6% | 1.4% | −0.3 pts | +6,663 sh | +6% |
| Exited | FIFTH THIRD BANCORP (FITB) | 0.1% | — | −0.1 pts | −6,320 sh | −100% |
| Exited | NEXTERA ENERGY INC (NEE) | 0.1% | — | −0.1 pts | −2,449 sh | −100% |
| Exited | BLACKROCK INC (BLK) | 0.1% | — | −0.1 pts | −282 sh | −100% |
| Increased | MARKEL CORP (MKL) | 4.1% | 3.6% | −0.4 pts | +174 sh | +2% |
| Increased | MEDTRONIC PLC F (MDT) | 1.7% | 1.6% | 0.0 pts | +2,738 sh | +5% |
| New | LAM RESEARCH CORP (LRCX) | — | 0.1% | +0.1 pts | +405 sh | new |
| New | PROSHARES ULTRASHORT QQQ ETF (QID) | — | 0.1% | +0.1 pts | +11,900 sh | new |
| Increased | VIATRIS INC (VTRS) | 3.4% | 2.7% | −0.7 pts | +21,328 sh | +3% |
| Increased | FISERV INC (FISV) | 0.4% | 0.5% | +0.1 pts | +1,438 sh | +14% |
| Increased | ENERGY SELECT SECTOR SPDR ETF (XLE) | 2.1% | 1.9% | −0.3 pts | +1,834 sh | +3% |
| Increased | HF SINCLAIR CORP (DINO) | 0.7% | 0.6% | −0.1 pts | +2,909 sh | +8% |
| Increased | QUADRATIC INTRST RT VLT AND ETF (IVOL) | 0.5% | 0.5% | 0.0 pts | +5,239 sh | +8% |
| Increased | JOHNSON & JOHNSON (JNJ) | 0.1% | 0.1% | 0.0 pts | +744 sh | +37% |
| Increased | AFFILIATED MANAGERS (AMG) | 1.1% | 0.9% | −0.2 pts | +738 sh | +4% |
| Increased | ALPHABET INC. CLASS C (GOOG) | 2.0% | 2.1% | +0.1 pts | +971 sh | +2% |
| Reduced | ABBVIE INC (ABBV) | 2.5% | 2.2% | −0.3 pts | −625 sh | −2% |
The 50 largest of 103 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 31.8% of the equity book
Changes in the top 10 this quarter: WBD entered · WBA entered · MSFT entered · CVS left · WFC left · CNNE left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY CLASS B (BRK-B) | 7.4% | 6.8% | |
| 2 | MARKEL CORP (MKL) | 4.1% | 3.6% | |
| 3 | APPLE INC (AAPL) | 3.1% | 3.5% | |
| 4 | WARNER BROTHERS DISCOVER (WBD) | 2.0% | 2.9% | Entered the top 10 |
| 5 | ORGANON & CO (OGN) | 3.2% | 2.8% | |
| 6 | VIATRIS INC (VTRS) | 3.4% | 2.7% | |
| 7 | WALGREENS BOOTS ALLI (WBA) | 2.2% | 2.6% | Entered the top 10 |
| 8 | MICROSOFT CORP (MSFT) | 2.2% | 2.3% | Entered the top 10 |
| 9 | OCCIDENTAL PETROL CO (OXY) | 2.4% | 2.3% | |
| 10 | ABBVIE INC (ABBV) | 2.5% | 2.2% | |
| — | CVS HEALTH CORP (CVS) | 2.9% | 2.2% | Left the top 10 |
| — | WELLS FARGO & CO (WFC) | 2.3% | 1.9% | Left the top 10 |
| — | CANNAE HOLDINGS INC (CNNE) | 2.3% | 2.1% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).