DRH Investments, Inc.

Fundamental concentrated ★Highest signal CIK 1630709
League rank
#243
in Fundamental concentrated · #579 overall
Long book
$123.2M
Q1 2026
Positions
16
Top-10 weight
94%
concentration
Last quarter
+3.6%
SPY -4.4%
Turnover
28%
of book per quarter

Strategy in plain words

auto-generated from filings

DRH Investments, Inc. is a concentrated fundamental stock-picker, running a $123.2M US long book across 16 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: CATERPILLAR INC, ALPHABET INC-CL C, CSX CORP, GENERAL DYNAMICS CORP, HERSHEY CO/THE.

Over the last 8 quarters its long book ran on average 1pp per quarter behind the S&P 500, beating the index in 3 of 8 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-3.8%
Q2 2024
+3.9%
Q3 2024
-0.3%
Q4 2024
-5.7%
Q1 2025
+4.4%
Q2 2025
+8.5%
Q3 2025
+6.6%
Q4 2025
+3.6%

Sector allocation

Industrials
50%
Technology
15%
Consumer staples
11%
Services media
11%
Healthcare
7%
Other
7%
Financials
0%

Long book by quarter

$102.2M
Q1 2024
$92.3M
Q2 2024
$95.4M
Q3 2024
$87.0M
Q4 2024
$85.5M
Q1 2025
$96.8M
Q2 2025
$109.8M
Q3 2025
$109.2M
Q4 2025
$123.2M
Q1 2026

What does DRH Investments, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CAT CATERPILLAR INCIndustrials30.3K$21.5M17.4%-0.1%
GOOG ALPHABET INC-CL CTechnology57.7K$16.6M13.4%0.0%
CSX CSX CORPIndustrials301.8K$12.4M10.1%+0.4%
GD GENERAL DYNAMICS CORPIndustrials35.4K$12.1M9.9%+0.4%
HSY HERSHEY CO/THEConsumer staples58.4K$12.1M9.9%-0.1%
UNP UNION PACIFIC CORPIndustrials39.9K$9.7M7.8%+0.7%
DIS WALT DISNEY CO/THEServices media85.0K$8.2M6.6%-0.9%
CHE CHEMED CORPHealthcare20.9K$7.9M6.4%+8.9%
WDFC WD-40 COOther37.0K$7.5M6.1%+0.3%
ABNB AIRBNB INC-CLASS AServices media28.4K$3.6M2.9%-2.2%
PINS PINTEREST INCTechnology564$313K0.3%New
PYPL PAYPAL HLDGS INCServices media268$236K0.2%New
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials2$9580.0%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202616$123.2M canonicalSEC ↗
Q4 202513F-HRFeb 13, 202615$109.2M canonicalSEC ↗
Q3 202513F-HRNov 14, 202512$109.8M canonicalSEC ↗
Q2 202513F-HRAug 13, 202511$96.8M canonicalSEC ↗
Q1 202513F-HRMay 15, 202511$85.5M canonicalSEC ↗
Q4 202413F-HRFeb 13, 202513$87.1M canonicalSEC ↗
Q3 202413F-HRNov 14, 202414$96.1M canonicalSEC ↗
Q2 202413F-HRAug 13, 202410$92.6M canonicalSEC ↗
Q1 202413F-HRMay 15, 202410$102.4M canonicalSEC ↗