MCDONALD CAPITAL INVESTORS INC/CA
Long book
$1.46B
Q1 2026
Positions
21
Top-10 weight
76%
concentration
Last quarter
+5.3%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsMCDONALD CAPITAL INVESTORS INC/CA is a concentrated fundamental stock-picker, running a $1.46B US long book across 21 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: PROGRESSIVE CORP, REGENERON PHARMACEUTICALS, BERKSHIRE HATHAWAY INC-CL B, BROOKFIELD CORP, AMAZON.COM INC.
Over the last 9 quarters its long book ran on average 2.4pp per quarter behind the S&P 500, beating the index in 2 of 9 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
+0.4%
Q2 2024
+9.3%
Q3 2024
-0.1%
Q4 2024
+3.7%
Q1 2025
+4.7%
Q2 2025
+1.9%
Q3 2025
+0.2%
Q4 2025
-6.9%
Q1 2026
+5.3%
Sector allocation
Financials 32%
Services media 12%
Consumer discretionary 11%
Healthcare 11%
Other 8%
Technology 8%
Real estate 7%
Materials 6%
Long book by quarter
What does MCDONALD CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| PGR PROGRESSIVE CORP | Financials | 880.9K | $174.6M | 11.9% | -0.3% |
| REGN REGENERON PHARMACEUTICALS | Healthcare | 205.9K | $159.1M | 10.9% | -1.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 303.7K | $145.5M | 10.0% | -1.4% |
| BN BROOKFIELD CORP | Real estate | 2.6M | $107.0M | 7.3% | -2.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 503.1K | $104.8M | 7.2% | -1.7% |
| NFLX NETFLIX INC | Services media | 1.1M | $104.4M | 7.1% | -0.1% |
| MLM MARTIN MARIETTA MATERIALS | Materials | 149.9K | $88.3M | 6.0% | -1.1% |
| JPM JPMORGAN CHASE & CO | Financials | 268.3K | $78.9M | 5.4% | -0.3% |
| ECL ECOLAB INC | Other | 292.1K | $77.7M | 5.3% | -1.5% |
| PAYX PAYCHEX INC | Services media | 839.2K | $77.3M | 5.3% | -0.4% |
| GOOGL ALPHABET INC-CL A | Technology | 246.1K | $70.8M | 4.8% | -0.9% |
| CPRT COPART INC | Consumer discretionary | 1.7M | $56.7M | 3.9% | +15.1% |
| UNP UNION PACIFIC CORP | Industrials | 230.2K | $55.9M | 3.8% | -1.1% |
| WFC WELLS FARGO & CO | Financials | 690.6K | $55.0M | 3.8% | -1.3% |
| NKE NIKE INC -CL B | Other | 803.0K | $42.4M | 2.9% | -1.2% |
| FDS FACTSET RESEARCH SYSTEMS INC | Technology | 188.1K | $40.8M | 2.8% | +1.3% |
| BAM BROOKFIELD ASSET MGMT-A | Financials | 339.0K | $15.1M | 1.0% | -1.1% |
| FAST FASTENAL CO | Consumer discretionary | 109.3K | $5.1M | 0.3% | -87.6% |
| EXPD EXPEDITORS INTL WASH INC | Industrials | 8.9K | $1.3M | 0.1% | -21.9% |
| GOOG ALPHABET INC-CL C | Technology | 2.1K | $610K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 4, 2026 | 21 | $1.46B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 30, 2026 | 21 | $1.63B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 21 | $1.61B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 31, 2025 | 20 | $1.59B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 30, 2025 | 20 | $1.59B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 7, 2025 | 21 | $1.59B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 31, 2024 | 21 | $1.63B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 1, 2024 | 22 | $1.60B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 3, 2024 | 22 | $1.60B | canonical | SEC ↗ |
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