Lafayette Investments, Inc.

Fundamental diversified ★Signal CIK 1308377
League rank
#572
in Fundamental diversified · #3888 overall
Long book
$493.9M
Q1 2026
Positions
158
Top-10 weight
45%
concentration
Last quarter
+11.4%
SPY +14.8%
Turnover
10%
of book per quarter

Strategy in plain words

auto-generated from filings

Lafayette Investments, Inc. is a diversified fundamental manager, running a $493.9M US long book across 158 positions.

The portfolio is moderately concentrated (top 10 ≈ 45% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: BERKSHIRE HATHAWAY INC-CL B, MARKEL GROUP INC, KLA CORP, ALPHABET INC-CL C, PROGRESSIVE CORP.

Over the last 9 quarters its long book ran on average 1.4pp 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
-0.8%
Q2 2024
+9.4%
Q3 2024
-0.3%
Q4 2024
+1.4%
Q1 2025
+3.5%
Q2 2025
+5.9%
Q3 2025
+1.5%
Q4 2025
-4.3%
Q1 2026
+11.4%

Sector allocation

Financials
34%
Technology
20%
Industrials
10%
Consumer discretionary
9%
Services media
8%
Other
8%
Consumer staples
3%
Healthcare
3%

Long book by quarter

$445.1M
Q1 2024
$439.8M
Q2 2024
$474.3M
Q3 2024
$466.6M
Q4 2024
$472.8M
Q1 2025
$494.8M
Q2 2025
$522.2M
Q3 2025
$529.1M
Q4 2025
$493.9M
Q1 2026

What does Lafayette Investments, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials117.1K$56.1M11.4%-1.5%
MKL MARKEL GROUP INCFinancials19.9K$38.1M7.7%-2.4%
KLAC KLA CORPOther17.0K$25.1M5.1%-10.3%
GOOG ALPHABET INC-CL CTechnology70.0K$20.1M4.1%-1.9%
PGR PROGRESSIVE CORPFinancials88.0K$17.4M3.5%-1.0%
META META PLATFORMS INC-CLASS ATechnology28.2K$16.2M3.3%-2.1%
AAPL APPLE INCTechnology57.7K$14.7M3.0%-0.7%
MSFT MICROSOFT CORPTechnology36.8K$13.6M2.8%+0.6%
JNJ JOHNSON & JOHNSONHealthcare43.4K$10.6M2.1%-2.9%
LOW LOWE'S COS INCConsumer discretionary43.9K$10.4M2.1%-0.2%
B BARRICK MINING CORPMaterials245.3K$10.0M2.0%-25.3%
NSC NORFOLK SOUTHERN CORPIndustrials31.9K$9.2M1.9%-4.6%
AZO AUTOZONE INCConsumer discretionary2.7K$9.1M1.8%-1.3%
SCHW SCHWAB (CHARLES) CORPFinancials94.9K$8.9M1.8%-0.9%
PAYX PAYCHEX INCServices media89.5K$8.2M1.7%+0.1%
LMT LOCKHEED MARTIN CORPIndustrials13.5K$8.2M1.7%-0.4%
TROW T ROWE PRICE GROUP INCFinancials85.8K$7.7M1.6%+0.7%
L LOEWS CORPFinancials71.9K$7.7M1.6%-1.4%
PEP PEPSICO INCConsumer staples46.0K$7.1M1.4%-2.1%
XOM EXXON MOBIL CORPEnergy40.5K$6.9M1.4%-1.5%
JEF JEFFERIES FINANCIAL GROUP INFinancials137.6K$5.7M1.1%0.0%
PAYC PAYCOM SOFTWARE INCTechnology45.3K$5.5M1.1%+38.4%
SBUX STARBUCKS CORPConsumer discretionary57.9K$5.2M1.1%-9.3%
COST COSTCO WHOLESALE CORPConsumer discretionary5.0K$5.0M1.0%+2.0%
AMZN AMAZON.COM INCConsumer discretionary23.5K$4.9M1.0%+4.0%
GPC GENUINE PARTS COConsumer discretionary45.7K$4.8M1.0%-1.1%
KO COCA-COLA CO/THEConsumer staples63.1K$4.8M1.0%-0.8%
JPM JPMORGAN CHASE & COFinancials15.7K$4.6M0.9%-1.4%
PH PARKER HANNIFIN CORPIndustrials5.1K$4.5M0.9%-9.1%
GHC GRAHAM HOLDINGS CO-CLASS BServices media4.3K$4.5M0.9%-0.9%
MSGS MADISON SQUARE GARDEN SPORTSServices media13.4K$4.3M0.9%-1.0%
LII LENNOX INTERNATIONAL INCIndustrials9.0K$4.2M0.8%-2.9%
ALLE ALLEGION PLCServices media23.6K$3.4M0.7%-2.0%
MRSH MARSH & MCLENNAN COSFinancials19.2K$3.3M0.7%-0.5%
DIS WALT DISNEY CO/THEServices media34.2K$3.3M0.7%-1.6%
ADBE ADOBE INCTechnology13.5K$3.3M0.7%+107.9%
ASML ASML HOLDING NV-NY REG SHSIndustrials2.5K$3.3M0.7%Held
ESAB ESAB CORPIndustrials33.3K$3.2M0.7%-2.7%
ACN ACCENTURE PLC-CL AServices media16.2K$3.2M0.6%+2.2%
TXN TEXAS INSTRUMENTS INCTechnology16.3K$3.2M0.6%-4.0%
PYPL PAYPAL HOLDINGS INCServices media67.8K$3.1M0.6%+4.9%
CPW CHECK POINT SOFTWARE TECH21.4K$3.1M0.6%-3.3%
AOS SMITH (A.O.) CORPIndustrials46.2K$3.0M0.6%-3.8%
V VISA INC-CLASS A SHARESServices media9.1K$2.7M0.6%+4.4%
ANET ARISTA NETWORKS INCTechnology21.9K$2.7M0.5%-17.6%
CVX CHEVRON CORPEnergy12.2K$2.5M0.5%-3.5%
HAS HASBRO INCOther26.2K$2.4M0.5%-1.6%
BAC BANK OF AMERICA CORPFinancials50.1K$2.4M0.5%-0.6%
CMG CHIPOTLE MEXICAN GRILL INCConsumer discretionary74.6K$2.4M0.5%+0.3%
CRM SALESFORCE INCTechnology12.5K$2.3M0.5%+567.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 27, 2026158$493.9M canonicalSEC ↗
Q4 202513F-HRFeb 4, 2026156$529.1M canonicalSEC ↗
Q3 202513F-HRNov 6, 2025156$522.2M canonicalSEC ↗
Q2 202513F-HRJul 30, 2025151$494.8M canonicalSEC ↗
Q1 202513F-HRApr 24, 2025146$472.8M canonicalSEC ↗
Q4 202413F-HRFeb 13, 2025149$466.6M canonicalSEC ↗
Q3 202413F-HR/ARESTATEMENTFeb 13, 2025146$474.3M canonicalSEC ↗
Q3 202413F-HROct 22, 2024146$474K SEC ↗
Q2 202413F-HRJul 31, 2024142$439.8M canonicalSEC ↗
Q1 202413F-HRMay 9, 2024141$445.1M canonicalSEC ↗