Filed: 11/12/2025ACC: 0000912282-25-001226
📋 What this filing means
FJ INVESTMENTS, LLC filed this quarterly 13F‑HR report disclosing 5 equity positions with a total reported market value of $1.55B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
5
Positions
$1.55B
Total AUM (reported)
3.87M
Total Shares
Allocation by class
S&P 500 ETF SHS$1.33B85.7%
CAP STK CL A$123.28M8.0%
COM NEW$35.11M2.3%
COM$32.07M2.1%
CL B NEW$31.31M2.0%
Portfolio Concentration
Top 3$1.48B95.9%
4–10$63.39M4.1%
Top 3 weight
95.9%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 3.87M
Sole
Full voting authority
2.96M
shares
% of voting shares76.4%
Shared
Joint voting authority
914.80K
shares
% of voting shares23.6%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole4
Shared0
Other1
Dominant voting typeSole · 76.4% of voting shares
Institutional Holdings5
Rows:
VANGUARD INDEX FDS
DFNDShares2.17M
TypeSH
Market value$1.33B
85.67%
Sole
1.25M
Shared
914.80K
None
0.00
ALPHABET INC
SOLEShares507.14K
TypeSH
Market value$123.28M
7.96%
Sole
507.14K
Shared
0.00
None
0.00
PAR PAC HOLDINGS INC
SOLEShares991.11K
TypeSH
Market value$35.11M
2.27%
Sole
991.11K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares146.07K
TypeSH
Market value$32.07M
2.07%
Sole
146.07K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares62.29K
TypeSH
Market value$31.31M
2.02%
Sole
62.29K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSDFND | S&P 500 ETF SHS | 2.17M | SH | $1.33B 85.67% | 1.25M | 914.80K | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 507.14K | SH | $123.28M 7.96% | 507.14K | 0.00 | 0.00 |
PAR PAC HOLDINGS INCSOLE | COM NEW | 991.11K | SH | $35.11M 2.27% | 991.11K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 146.07K | SH | $32.07M 2.07% | 146.07K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 62.29K | SH | $31.31M 2.02% | 62.29K | 0.00 | 0.00 |