SCHWARTZ INVESTMENT COUNSEL INC
Long book
$2.82B
Q1 2026
Positions
129
Top-10 weight
33%
concentration
Last quarter
+9.1%
SPY +14.8%
Turnover
12%
of book per quarter
Strategy in plain words
auto-generated from filingsSCHWARTZ INVESTMENT COUNSEL INC is an institutional manager, running a $2.82B US long book across 129 positions.
The portfolio is moderately concentrated (top 10 ≈ 33% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: TEXAS PACIFIC LAND CORP, NVIDIA CORP, TEXAS INSTRUMENTS INC, HEICO CORP-CLASS A, MASTERCARD INC - A.
Over the last 9 quarters its long book ran on average 1.6pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-1.3%
Q2 2024
+9.7%
Q3 2024
+0.1%
Q4 2024
+2.5%
Q1 2025
+4.2%
Q2 2025
+0.7%
Q3 2025
-1.4%
Q4 2025
+2.0%
Q1 2026
+9.1%
Sector allocation
Technology 19%
Services media 17%
Financials 14%
Consumer discretionary 14%
Industrials 10%
Energy 8%
Other 6%
Healthcare 4%
Long book by quarter
What does SCHWARTZ INVESTMENT own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| TPL TEXAS PACIFIC LAND CORP | Financials | 410.9K | $195.0M | 6.9% | -13.5% |
| NVDA NVIDIA CORP | Technology | 550.0K | $95.9M | 3.4% | Held |
| TXN TEXAS INSTRUMENTS INC | Technology | 488.9K | $94.9M | 3.4% | Held |
| HEI/A HEICO CORP-CLASS A | Industrials | 443.6K | $93.6M | 3.3% | -2.7% |
| MA MASTERCARD INC - A | Services media | 183.5K | $91.7M | 3.3% | -19.4% |
| SPGI S&P GLOBAL INC | Services media | 177.6K | $75.5M | 2.7% | +9.2% |
| ROP ROPER TECHNOLOGIES INC | Technology | 212.2K | $75.1M | 2.7% | +10.7% |
| APG API GROUP CORP | Services media | 1.8M | $74.7M | 2.7% | -35.2% |
| MCO MOODY'S CORP | Services media | 153.0K | $66.7M | 2.4% | +29.4% |
| LOW LOWE'S COS INC | Consumer discretionary | 268.6K | $63.5M | 2.3% | -0.1% |
| ORLY O'REILLY AUTOMOTIVE INC | Consumer discretionary | 665.0K | $61.4M | 2.2% | Held |
| VRSN VERISIGN INC | Technology | 244.3K | $60.7M | 2.2% | +503.2% |
| ACN ACCENTURE PLC-CL A | Services media | 300.1K | $59.5M | 2.1% | +26.6% |
| CVX CHEVRON CORP | Energy | 252.1K | $52.2M | 1.9% | -6.0% |
| BR BROADRIDGE FINANCIAL SOLUTIO | Services media | 315.5K | $51.3M | 1.8% | +27.5% |
| ATR APTARGROUP INC | Other | 387.2K | $48.8M | 1.7% | +0.9% |
| FANG DIAMONDBACK ENERGY INC | Energy | 236.7K | $46.8M | 1.7% | -3.5% |
| TSEM TOWER SEMICONDUCTOR LTD | Technology | 260.0K | $45.6M | 1.6% | Held |
| EXE EXPAND ENERGY CORP | Energy | 410.7K | $45.1M | 1.6% | +10.9% |
| CCEP COCA-COLA EUROPACIFIC PARTNE | Consumer staples | 480.0K | $43.5M | 1.5% | -2.5% |
| WBI WATERBRIDGE INFRASTRUC-CL A | Energy | 1.6M | $42.9M | 1.5% | +15.7% |
| INTC INTEL CORP | Technology | 958.2K | $42.3M | 1.5% | New |
| FAST FASTENAL CO | Consumer discretionary | 901.6K | $41.8M | 1.5% | Held |
| LHX L3HARRIS TECHNOLOGIES INC | Technology | 120.6K | $41.6M | 1.5% | -7.9% |
| LB LANDBRIDGE CO LLC-A | Financials | 592.9K | $40.9M | 1.5% | Held |
| TFC TRUIST FINANCIAL CORP | Financials | 842.7K | $38.7M | 1.4% | Held |
| TJX TJX COMPANIES INC | Consumer discretionary | 242.4K | $38.7M | 1.4% | -7.9% |
| ZTS ZOETIS INC | Healthcare | 323.5K | $38.2M | 1.4% | +21.2% |
| GPC GENUINE PARTS CO | Consumer discretionary | 358.8K | $37.9M | 1.3% | -9.0% |
| LMT LOCKHEED MARTIN CORP | Industrials | 62.0K | $37.5M | 1.3% | Held |
| XPEL XPEL INC | Industrials | 824.8K | $36.5M | 1.3% | -5.0% |
| BRO BROWN & BROWN INC | Financials | 555.4K | $36.2M | 1.3% | Held |
| RMBS RAMBUS INC | Technology | 420.3K | $36.2M | 1.3% | +133.1% |
| WPM WHEATON PRECIOUS METALS CORP | Materials | 265.0K | $34.7M | 1.2% | -2.2% |
| AOS SMITH (A.O.) CORP | Industrials | 517.7K | $34.1M | 1.2% | +0.5% |
| ALC ALCON INC | Healthcare | 405.0K | $30.5M | 1.1% | -9.5% |
| FNV FRANCO-NEVADA CORP | Materials | 122.7K | $30.3M | 1.1% | -2.4% |
| CSL CARLISLE COS INC | Other | 90.0K | $30.0M | 1.1% | Held |
| POOL POOL CORP | Consumer discretionary | 141.5K | $28.6M | 1.0% | +607.5% |
| FNF FIDELITY NATIONAL FINANCIAL | Financials | 615.0K | $28.5M | 1.0% | Held |
| ENTG ENTEGRIS INC | Other | 200.0K | $23.4M | 0.8% | Held |
| HIFS HINGHAM INSTITUTION FOR SVGS | — | 81.1K | $23.2M | 0.8% | Held |
| SN SHARKNINJA INC | Industrials | 200.7K | $21.3M | 0.8% | +14.2% |
| SNX TD SYNNEX CORP | Consumer discretionary | 119.5K | $20.2M | 0.7% | -29.5% |
| DPZ DOMINO'S PIZZA INC | Consumer discretionary | 55.0K | $19.7M | 0.7% | New |
| FOUR SHIFT4 PAYMENTS INC-CLASS A | Services media | 445.7K | $19.5M | 0.7% | +55.5% |
| BN BROOKFIELD CORP | Real estate | 479.7K | $19.4M | 0.7% | +0.4% |
| DGX QUEST DIAGNOSTICS INC | Healthcare | 95.9K | $18.8M | 0.7% | Held |
| CPRT COPART INC | Consumer discretionary | 555.8K | $18.5M | 0.7% | -0.4% |
| BKNG BOOKING HOLDINGS INC | Industrials | 4.0K | $16.8M | 0.6% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 4, 2026 | 129 | $2.82B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 4, 2026 | 133 | $2.86B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 29, 2025 | 130 | $2.98B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 30, 2025 | 124 | $3.04B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 24, 2025 | 126 | $2.91B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 29, 2025 | 128 | $2.78B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 23, 2024 | 131 | $2.81B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 24, 2024 | 134 | $2.70B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 140 | $2.75B | canonical | SEC ↗ |
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