Poehling Capital Management INC's Q1 2026 13F: 19 new positions, 7 exits
Form 13F-HR for the quarter ended Mar 31, 2026 · filed Apr 21, 2026 · 153 reported positions · accession 0001104659-26-046126
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | WARNER BROS DISCOVERY IN CLASS SERIES A (WBD) | 2.9% | 0.2% | −2.7 pts | −453K sh | −94% |
| Increased | SALESFORCE INC (CRM) | 0.5% | 1.2% | +0.7 pts | +22,133 sh | +235% |
| Increased | CANNAE HLDGS INC (CNNE) | 2.1% | 2.3% | +0.2 pts | +302K sh | +46% |
| Increased | ADOBE INC (ADBE) | 0.1% | 0.7% | +0.6 pts | +12,439 sh | +1565% |
| Increased | AMERICAN INTL GROUP INC (AIG) | 0.5% | 1.0% | +0.5 pts | +33,282 sh | +112% |
| Exited | STARBUCKS CORP (SBUX) | 0.4% | — | −0.4 pts | −22,385 sh | −100% |
| New | FACTSET RESH SYS INC (FDS) | — | 0.4% | +0.4 pts | +7,877 sh | new |
| Increased | NESTLE S A F SPONSORED ADR 1 ADR REPS 1 ORD SHS (NSRGY) | 0.5% | 0.9% | +0.4 pts | +17,190 sh | +67% |
| Increased | SLB LIMITED F (SLB) | 0.4% | 0.8% | +0.5 pts | +29,546 sh | +65% |
| Reduced | LAUDER ESTEE COS INC CLASS CLASS A (EL) | 1.2% | 0.5% | −0.7 pts | −20,676 sh | −38% |
| New | KIMBERLY CLARK CORP (KMB) | — | 0.3% | +0.3 pts | +15,190 sh | new |
| Reduced | FIRST BUSINESS FINL SVCS (FBIZ) | 0.6% | 0.3% | −0.3 pts | −26,712 sh | −51% |
| New | KYNDRYL HLDGS INC (KD) | — | 0.2% | +0.2 pts | +88,056 sh | new |
| Reduced | VANGUARD TOTAL STOCK MARKET INDEX FUND ETF SHARES (VTI) | 0.3% | 0.1% | −0.2 pts | −3,507 sh | −74% |
| New | ATLANTA BRAVES HLDGS INC CLASS SERIES C (BATRK) | — | 0.2% | +0.2 pts | +23,337 sh | new |
| Increased | FISERV INC (FISV) | 2.8% | 2.6% | −0.2 pts | +17,845 sh | +9% |
| Increased | PRICE T ROWE GROUP INC (TROW) | 0.4% | 0.6% | +0.2 pts | +10,385 sh | +54% |
| Increased | PEPSICO INC (PEP) | 2.1% | 2.5% | +0.4 pts | +5,780 sh | +8% |
| Reduced | SPHERE ENTERTAINMENT A CLASS CLASS A (SPHR) | 0.5% | 0.5% | 0.0 pts | −6,131 sh | −24% |
| Increased | FAIRFAX FINL HLDGS LTD F (FFH) | 7.1% | 6.7% | −0.4 pts | +400 sh | +2% |
| New | GE VERNOVA INC (GEV) | — | 0.1% | +0.1 pts | +3,599 sh | new |
| New | MICRON TECHNOLOGY INC (MU) | — | 0.1% | +0.1 pts | +1,766 sh | new |
| New | LUMENTUM HLDGS INC (KLAC) | — | 0.1% | +0.1 pts | +527 sh | new |
| New | SONOCO PRODS CO (SON) | — | 0.1% | +0.1 pts | +8,135 sh | new |
| Increased | NVIDIA CORP (NVDA) | 0.5% | 0.6% | +0.1 pts | +2,470 sh | +17% |
| Reduced | ISHARES RUSSELL 1000 GROWTH ETF (IWF) | 0.2% | 0.1% | −0.1 pts | −990 sh | −61% |
| Increased | BERKSHIRE HATHAWAY CLASS B (BRK-B) | 6.1% | 6.0% | 0.0 pts | +861 sh | +1% |
| Increased | MARKEL GROUP INC (MKL) | 5.8% | 5.4% | −0.4 pts | +211 sh | +2% |
| New | APPLIED MATLS INC (AMAT) | — | 0.1% | +0.1 pts | +1,150 sh | new |
| Exited | FABRINET F (FN) | 0.1% | — | −0.1 pts | −880 sh | −100% |
| Increased | MOLSON COORS BEVERAG B CLASS CLASS B (TAP) | 0.2% | 0.3% | +0.1 pts | +8,794 sh | +45% |
| New | STUBHUB HLDGS INC CLASS A (STUB) | — | 0.1% | +0.1 pts | +59,745 sh | new |
| Increased | APPLE INC (AAPL) | 2.5% | 2.5% | 0.0 pts | +1,295 sh | +3% |
| Increased | STATE STREET ENERGY SELECT SECTOR SPDR ETF (XLE) | 0.1% | 0.1% | +0.1 pts | +5,308 sh | +96% |
| Reduced | PARAMOUNT SKYDANCE CORP CLASS CLASS B (PSKY) | 1.8% | 1.2% | −0.6 pts | −33,356 sh | −5% |
| Increased | META PLATFORMS INC CLASS CLASS A (META) | 0.9% | 0.8% | 0.0 pts | +507 sh | +8% |
| New | WATERS CORP (WAT) | — | 0.1% | +0.1 pts | +962 sh | new |
| New | ISHARES MSCI EMERGING MARKETS ETF (EEM) | — | 0.1% | +0.1 pts | +5,000 sh | new |
| New | EXXON MOBIL CORP (XOM) | — | 0.1% | +0.1 pts | +1,661 sh | new |
| Reduced | SCHWAB U.S. LARGE-CAP ETF (SCHX) | 0.8% | 0.8% | −0.1 pts | −10,000 sh | −7% |
| Exited | HOWARD HUGHES HLDGS INC (HHH) | 0.1% | — | −0.1 pts | −3,178 sh | −100% |
| Increased | ALPHABET INC CLASS CLASS A (GOOGL) | 0.2% | 0.2% | 0.0 pts | +837 sh | +33% |
| Increased | BOOKING HLDGS INC FORWARD SPLIT WITH STOCK SPLIT SHARES (BKNG) | 0.3% | 0.3% | 0.0 pts | +56 sh | +24% |
| Reduced | HERSHEY CO (HSY) | 1.4% | 1.6% | +0.2 pts | −1,131 sh | −3% |
| Exited | APPLOVIN CORP CLASS A (APP) | 0.0% | — | 0.0 pts | −350 sh | −100% |
| Exited | ISHARES CORE MSCI EAFE ETF (IEFA) | 0.0% | — | 0.0 pts | −2,444 sh | −100% |
| New | DECKERS OUTDOOR CORP (DECK) | — | 0.0% | 0.0 pts | +2,119 sh | new |
| New | BIOGEN INC (BIIB) | — | 0.0% | 0.0 pts | +1,144 sh | new |
| New | NUCOR CORP (NUE) | — | 0.0% | 0.0 pts | +1,215 sh | new |
| New | AT&T INC (T) | — | 0.0% | 0.0 pts | +6,942 sh | new |
The 50 largest of 132 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 — 37.7% of the equity book
Changes in the top 10 this quarter: PEP entered · WBD left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | FAIRFAX FINL HLDGS LTD F (FFH) | 7.1% | 6.7% | |
| 2 | BERKSHIRE HATHAWAY CLASS B (BRK-B) | 6.1% | 6.0% | |
| 3 | MARKEL GROUP INC (MKL) | 5.8% | 5.4% | |
| 4 | ALPHABET INC CLASS CLASS C (GOOG) | 4.2% | 3.9% | |
| 5 | CHARLES SCHWAB CORP (SCHW) | 3.6% | 3.5% | |
| 6 | FISERV INC (FISV) | 2.8% | 2.6% | |
| 7 | APPLE INC (AAPL) | 2.5% | 2.5% | |
| 8 | PEPSICO INC (PEP) | 2.1% | 2.5% | Entered the top 10 |
| 9 | WELLS FARGO & CO (WFC) | 2.6% | 2.3% | |
| 10 | CANNAE HLDGS INC (CNNE) | 2.1% | 2.3% | |
| — | WARNER BROS DISCOVERY IN CLASS SERIES A (WBD) | 2.9% | 0.2% | 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).