Eldred Rock Partners, LLC
Long book
$392.9M
Q1 2026
Positions
31
Top-10 weight
43%
concentration
Last quarter
+15.5%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsEldred Rock Partners, LLC is a diversified fundamental manager, running a $392.9M US long book across 31 positions.
The portfolio is moderately concentrated (top 10 ≈ 43% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: TAIWAN SEMICONDUCTOR-SP ADR, ALPHABET INC-CL A, ASML HOLDING NV-NY REG SHS, HUNT (JB) TRANSPRT SVCS INC, PHILLIPS 66.
Over the last 9 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-0.2%
Q2 2024
+1.3%
Q3 2024
-0.9%
Q4 2024
-4.9%
Q1 2025
+5.6%
Q2 2025
+7.9%
Q3 2025
+7.7%
Q4 2025
+1.9%
Q1 2026
+15.5%
Sector allocation
Industrials 29%
Financials 18%
Technology 15%
Healthcare 9%
Consumer staples 8%
Services media 7%
Energy 5%
Other 5%
Long book by quarter
What does Eldred Rock own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GOOGL ALPHABET INC-CL A | Technology | 69.7K | $20.0M | 5.1% | +1.5% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 13.8K | $18.3M | 4.7% | -18.2% |
| JBHT HUNT (JB) TRANSPRT SVCS INC | Industrials | 79.7K | $16.9M | 4.3% | +1.5% |
| PSX PHILLIPS 66 | Energy | 91.8K | $16.7M | 4.3% | +2.0% |
| DE DEERE & CO | Industrials | 28.7K | $16.2M | 4.1% | +1.6% |
| VNT VONTIER CORP | Technology | 431.3K | $15.3M | 3.9% | +1.9% |
| ICLR ICON PLC | Healthcare | 134.5K | $14.9M | 3.8% | +153.4% |
| LRCX LAM RESEARCH CORP | Industrials | 67.0K | $14.3M | 3.6% | -23.6% |
| BNS BANK OF NOVA SCOTIA | Financials | 205.6K | $14.2M | 3.6% | -0.9% |
| PEP PEPSICO INC | Consumer staples | 91.1K | $14.1M | 3.6% | +1.7% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 28.6K | $14.0M | 3.6% | New |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 28.7K | $13.8M | 3.5% | +2.0% |
| CMI CUMMINS INC | Industrials | 25.2K | $13.5M | 3.4% | -27.2% |
| MRK MERCK & CO. INC. | Healthcare | 109.3K | $13.1M | 3.3% | +1.7% |
| EMR EMERSON ELECTRIC CO | Industrials | 97.2K | $12.7M | 3.2% | +1.6% |
| TXN TEXAS INSTRUMENTS INC | Technology | 61.9K | $12.0M | 3.1% | +1.7% |
| POOL POOL CORP | Consumer discretionary | 54.0K | $10.9M | 2.8% | +99.8% |
| COF CAPITAL ONE FINANCIAL CORP | Financials | 59.1K | $10.8M | 2.7% | +1.6% |
| MTN VAIL RESORTS INC | Services media | 81.8K | $10.5M | 2.7% | +1.4% |
| ACN ACCENTURE PLC-CL A | Services media | 52.3K | $10.4M | 2.6% | +1.1% |
| WFC WELLS FARGO & CO | Financials | 127.9K | $10.2M | 2.6% | +1.2% |
| CALM CAL-MAINE FOODS INC | Consumer staples | 124.0K | $9.8M | 2.5% | +3.9% |
| IBOC INTERNATIONAL BANCSHARES CRP | Financials | 127.5K | $8.6M | 2.2% | Held |
| GOOG ALPHABET INC-CL C | Technology | 1.2K | $349K | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 8, 2026 | 31 | $392.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 16, 2026 | 32 | $385.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR/ARESTATEMENT | Oct 21, 2025 | 30 | $401.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 16, 2025 | 29 | $329.0M | SEC ↗ | |
| Q2 2025 | 13F-HR | Jul 9, 2025 | 29 | $329.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 9, 2025 | 29 | $327.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 16, 2025 | 30 | $291.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 4, 2024 | 32 | $299.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 12, 2024 | 30 | $239.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 11, 2024 | 26 | $183.5M | canonical | SEC ↗ |
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