HARTLINE INVESTMENT CORP/

Fundamental diversified ★Signal CIK 945625
League rank
#74
in Fundamental diversified · #345 overall
Long book
$908.9M
Q1 2026
Positions
112
Top-10 weight
59%
concentration
Last quarter
+24.3%
SPY +14.8%
Turnover
8%
of book per quarter

Strategy in plain words

auto-generated from filings

HARTLINE INVESTMENT CORP/ is a diversified fundamental manager, running a $908.9M US long book across 112 positions.

The portfolio is concentrated: the top 10 names carry 59% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NVIDIA CORP, BERKSHIRE HATHAWAY INC-CL A, ISHARES FLOATING RATE BOND E, APPLE INC, VERTIV HOLDINGS CO-A.

Over the last 9 quarters its long book ran on average 1.8pp per quarter ahead of the S&P 500, beating the index in 5 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
+2.9%
Q2 2024
+4.5%
Q3 2024
+6.8%
Q4 2024
-8.7%
Q1 2025
+16.5%
Q2 2025
+9.5%
Q3 2025
+1.5%
Q4 2025
-1.2%
Q1 2026
+24.3%

Sector allocation

Technology
54%
Financials
17%
Consumer discretionary
10%
Industrials
9%
Services media
4%
Healthcare
3%
Utilities
2%
Energy
1%

Long book by quarter

$567.8M
Q1 2024
$744.1M
Q2 2024
$801.8M
Q3 2024
$871.4M
Q4 2024
$749.5M
Q1 2025
$880.6M
Q2 2025
$964.3M
Q3 2025
$924.7M
Q4 2025
$908.9M
Q1 2026

What does HARTLINE INVESTMENT own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology629.9K$109.8M12.1%+0.9%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials119$85.5M9.4%Held
AAPL APPLE INCTechnology217.4K$55.2M6.1%+0.2%
VRT VERTIV HOLDINGS CO-ATechnology190.9K$47.8M5.3%-1.1%
GOOGL ALPHABET INC-CL ATechnology136.5K$39.2M4.3%+1.9%
GLW CORNING INCIndustrials275.4K$37.4M4.1%-4.6%
MRVL MARVELL TECHNOLOGY INCTechnology361.0K$35.8M3.9%+0.8%
AMZN AMAZON.COM INCConsumer discretionary143.7K$29.9M3.3%+1.9%
NET CLOUDFLARE INC - CLASS ATechnology120.5K$24.9M2.7%-0.5%
MSFT MICROSOFT CORPTechnology66.0K$24.4M2.7%+0.4%
AMD ADVANCED MICRO DEVICESTechnology114.7K$23.3M2.6%-1.6%
WMT WALMART INCConsumer discretionary183.2K$22.8M2.5%-0.1%
META META PLATFORMS INC-CLASS ATechnology31.7K$18.2M2.0%+1.9%
GEV GE VERNOVA INCIndustrials17.0K$14.9M1.6%+4.2%
DELL DELL TECHNOLOGIES -CTechnology84.6K$13.9M1.5%+81.6%
MS MORGAN STANLEYFinancials83.3K$13.7M1.5%+1.8%
LLY ELI LILLY & COHealthcare14.5K$13.3M1.5%+5.3%
C CITIGROUP INCFinancials113.1K$12.8M1.4%+7.7%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology81.5K$11.9M1.3%+0.5%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials22.7K$10.9M1.2%+1.0%
MAR MARRIOTT INTERNATIONAL -CL AServices media30.1K$9.9M1.1%Held
V VISA INC-CLASS A SHARESServices media31.7K$9.6M1.1%-0.1%
COST COSTCO WHOLESALE CORPConsumer discretionary9.3K$9.3M1.0%-1.0%
SHOP SHOPIFY INC - CLASS ATechnology56.5K$6.7M0.7%+72.7%
LOW LOWE'S COS INCConsumer discretionary28.3K$6.7M0.7%-0.2%
NEE NEXTERA ENERGY INCUtilities69.9K$6.5M0.7%+1.6%
ETN EATON CORP PLCIndustrials16.6K$5.9M0.7%+1.1%
VST VISTRA CORPUtilities38.4K$5.8M0.6%+989.8%
UBER UBER TECHNOLOGIES INCServices media75.1K$5.4M0.6%-10.2%
UNP UNION PACIFIC CORPIndustrials18.6K$4.5M0.5%-3.3%
NOW SERVICENOW INCTechnology42.3K$4.4M0.5%-53.5%
HD HOME DEPOT INCConsumer discretionary13.3K$4.4M0.5%-4.7%
AXP AMERICAN EXPRESS COFinancials14.3K$4.3M0.5%+1.7%
JPM JPMORGAN CHASE & COFinancials14.6K$4.3M0.5%+1.7%
PANW PALO ALTO NETWORKS INCTechnology20.1K$3.2M0.4%-44.6%
FAST FASTENAL COConsumer discretionary64.7K$3.0M0.3%Held
STRL STERLING INFRASTRUCTURE INCIndustrials7.2K$2.9M0.3%+21.1%
AMAT APPLIED MATERIALS INCTechnology8.4K$2.9M0.3%Held
CEG CONSTELLATION ENERGYUtilities10.0K$2.8M0.3%+30.1%
ABBV ABBVIE INCHealthcare12.3K$2.7M0.3%Held
WM WASTE MANAGEMENT INCUtilities11.5K$2.6M0.3%Held
LIN LINDE PLCMaterials5.0K$2.5M0.3%Held
ENB ENBRIDGE INCEnergy45.3K$2.5M0.3%+37.7%
AVGO BROADCOM INCTechnology7.6K$2.4M0.3%+41.6%
CSCO CISCO SYSTEMS INCTechnology27.2K$2.1M0.2%Held
HOOD ROBINHOOD MARKETS INC - AFinancials29.9K$2.1M0.2%-59.7%
GOOG ALPHABET INC-CL CTechnology7.2K$2.1M0.2%-12.6%
ITW ILLINOIS TOOL WORKSIndustrials7.8K$2.0M0.2%-11.3%
SYK STRYKER CORPHealthcare6.1K$2.0M0.2%Held
ORLY O'REILLY AUTOMOTIVE INCConsumer discretionary20.6K$1.9M0.2%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 29, 2026112$908.9M canonicalSEC ↗
Q4 202513F-HRFeb 9, 2026109$924.7M canonicalSEC ↗
Q3 202513F-HROct 29, 2025114$964.3M canonicalSEC ↗
Q2 202513F-HRJul 29, 2025104$880.6M canonicalSEC ↗
Q1 202513F-HRApr 29, 2025101$749.5M canonicalSEC ↗
Q4 202413F-HRJan 29, 202596$871.4M canonicalSEC ↗
Q3 202413F-HRNov 5, 2024101$801.8M canonicalSEC ↗
Q2 202413F-HRAug 9, 2024104$744K canonicalSEC ↗
Q1 202413F-HRApr 30, 2024409$567.8M canonicalSEC ↗