Filed: 11/5/2025ACC: 0001633862-25-000002
📋 What this filing means
LINCOLN CAPITAL LLC filed this quarterly 13F‑HR report disclosing 124 equity positions with a total reported market value of $533.83M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
124
Positions
$533.83M
Total AUM (reported)
3.34M
Total Shares
Allocation by class
COM$304.66M57.1%
CL A$85.81M16.1%
CL B NEW$46.96M8.8%
CAP STK CL A$38.39M7.2%
CL A COM$9.44M1.8%
SHS$7.26M1.4%
SHS CREATION UNI$6.23M1.2%
Portfolio Concentration
Top 3$125.13M23.4%
4–10$174.32M32.7%
11–25$116.80M21.9%
Rest$117.59M22.0%
Top 3 weight
23.4%
Top 10 weight
56.1%
Voting Authority Distribution
Total shares with voting rights: 3.34M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
3.34M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole124
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings124
Rows:
BERKSHIRE HATHAWAY INC DEL
SOLEShares94.15K
TypeSH
Market value$46.96M
8.80%
Sole
0.00
Shared
0.00
None
94.15K
BERKSHIRE HATHAWAY INC DEL
SOLEShares53.00
TypeSH
Market value$39.78M
7.45%
Sole
0.00
Shared
0.00
None
53.00
ALPHABET INC
SOLEShares156.46K
TypeSH
Market value$38.39M
7.19%
Sole
0.00
Shared
0.00
None
156.46K
MASTERCARD INCORPORATED
SOLEShares60.96K
TypeSH
Market value$35.39M
6.63%
Sole
0.00
Shared
0.00
None
60.96K
MARKEL GROUP INC
SOLEShares17.55K
TypeSH
Market value$34.06M
6.38%
Sole
0.00
Shared
0.00
None
17.55K
COSTCO WHSL CORP NEW
SOLEShares34.86K
TypeSH
Market value$31.91M
5.98%
Sole
0.00
Shared
0.00
None
34.86K
MICROSOFT CORP
SOLEShares42.91K
TypeSH
Market value$22.20M
4.16%
Sole
0.00
Shared
0.00
None
42.91K
DANAHER CORPORATION
SOLEShares86.42K
TypeSH
Market value$18.58M
3.48%
Sole
0.00
Shared
0.00
None
86.42K
AMAZON COM INC
SOLEShares80.15K
TypeSH
Market value$17.59M
3.30%
Sole
0.00
Shared
0.00
None
80.15K
APPLE INC
SOLEShares56.52K
TypeSH
Market value$14.58M
2.73%
Sole
0.00
Shared
0.00
None
56.52K
STARBUCKS CORP
SOLEShares161.97K
TypeSH
Market value$14.00M
2.62%
Sole
0.00
Shared
0.00
None
161.97K
MCDONALDS CORP
SOLEShares32.03K
TypeSH
Market value$9.64M
1.81%
Sole
0.00
Shared
0.00
None
32.03K
CARRIER GLOBAL CORPORATION
SOLEShares160.71K
TypeSH
Market value$9.59M
1.80%
Sole
0.00
Shared
0.00
None
160.71K
HAGERTY INC
SOLEShares787.39K
TypeSH
Market value$9.44M
1.77%
Sole
0.00
Shared
0.00
None
787.39K
DISNEY WALT CO
SOLEShares81.68K
TypeSH
Market value$9.19M
1.72%
Sole
0.00
Shared
0.00
None
81.68K
JPMORGAN CHASE & CO.
SOLEShares28.38K
TypeSH
Market value$8.80M
1.65%
Sole
0.00
Shared
0.00
None
28.38K
MARRIOTT INTL INC NEW
SOLEShares26.39K
TypeSH
Market value$7.06M
1.32%
Sole
0.00
Shared
0.00
None
26.39K
ROPER TECHNOLOGIES INC
SOLEShares13.11K
TypeSH
Market value$6.55M
1.23%
Sole
0.00
Shared
0.00
None
13.11K
BANK NEW YORK MELLON CORP
SOLEShares60.81K
TypeSH
Market value$6.48M
1.21%
Sole
0.00
Shared
0.00
None
60.81K
OTIS WORLDWIDE CORP
SOLEShares69.94K
TypeSH
Market value$6.40M
1.20%
Sole
0.00
Shared
0.00
None
69.94K
LINDE PLC
SOLEShares13.71K
TypeSH
Market value$6.40M
1.20%
Sole
0.00
Shared
0.00
None
13.71K
AMERICAN EXPRESS CO
SOLEShares19.13K
TypeSH
Market value$6.32M
1.18%
Sole
0.00
Shared
0.00
None
19.13K
SCHWAB CHARLES CORP
SOLEShares61.20K
TypeSH
Market value$5.76M
1.08%
Sole
0.00
Shared
0.00
None
61.20K
OCCIDENTAL PETE CORP
SOLEShares124.64K
TypeSH
Market value$5.59M
1.05%
Sole
0.00
Shared
0.00
None
124.64K
MOODYS CORP
SOLEShares11.51K
TypeSH
Market value$5.58M
1.05%
Sole
0.00
Shared
0.00
None
11.51K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 94.15K | SH | $46.96M 8.80% | 0.00 | 0.00 | 94.15K |
BERKSHIRE HATHAWAY INC DELSOLE | CL A | 53.00 | SH | $39.78M 7.45% | 0.00 | 0.00 | 53.00 |
ALPHABET INCSOLE | CAP STK CL A | 156.46K | SH | $38.39M 7.19% | 0.00 | 0.00 | 156.46K |
MASTERCARD INCORPORATEDSOLE | CL A | 60.96K | SH | $35.39M 6.63% | 0.00 | 0.00 | 60.96K |
MARKEL GROUP INCSOLE | COM | 17.55K | SH | $34.06M 6.38% | 0.00 | 0.00 | 17.55K |
COSTCO WHSL CORP NEWSOLE | COM | 34.86K | SH | $31.91M 5.98% | 0.00 | 0.00 | 34.86K |
MICROSOFT CORPSOLE | COM | 42.91K | SH | $22.20M 4.16% | 0.00 | 0.00 | 42.91K |
DANAHER CORPORATIONSOLE | COM | 86.42K | SH | $18.58M 3.48% | 0.00 | 0.00 | 86.42K |
AMAZON COM INCSOLE | COM | 80.15K | SH | $17.59M 3.30% | 0.00 | 0.00 | 80.15K |
APPLE INCSOLE | COM | 56.52K | SH | $14.58M 2.73% | 0.00 | 0.00 | 56.52K |
STARBUCKS CORPSOLE | COM | 161.97K | SH | $14.00M 2.62% | 0.00 | 0.00 | 161.97K |
MCDONALDS CORPSOLE | COM | 32.03K | SH | $9.64M 1.81% | 0.00 | 0.00 | 32.03K |
CARRIER GLOBAL CORPORATIONSOLE | COM | 160.71K | SH | $9.59M 1.80% | 0.00 | 0.00 | 160.71K |
HAGERTY INCSOLE | CL A COM | 787.39K | SH | $9.44M 1.77% | 0.00 | 0.00 | 787.39K |
DISNEY WALT COSOLE | COM | 81.68K | SH | $9.19M 1.72% | 0.00 | 0.00 | 81.68K |
JPMORGAN CHASE & CO.SOLE | COM | 28.38K | SH | $8.80M 1.65% | 0.00 | 0.00 | 28.38K |
MARRIOTT INTL INC NEWSOLE | CL A | 26.39K | SH | $7.06M 1.32% | 0.00 | 0.00 | 26.39K |
ROPER TECHNOLOGIES INCSOLE | COM | 13.11K | SH | $6.55M 1.23% | 0.00 | 0.00 | 13.11K |
BANK NEW YORK MELLON CORPSOLE | COM | 60.81K | SH | $6.48M 1.21% | 0.00 | 0.00 | 60.81K |
OTIS WORLDWIDE CORPSOLE | COM | 69.94K | SH | $6.40M 1.20% | 0.00 | 0.00 | 69.94K |
LINDE PLCSOLE | SHS | 13.71K | SH | $6.40M 1.20% | 0.00 | 0.00 | 13.71K |
AMERICAN EXPRESS COSOLE | COM | 19.13K | SH | $6.32M 1.18% | 0.00 | 0.00 | 19.13K |
SCHWAB CHARLES CORPSOLE | COM | 61.20K | SH | $5.76M 1.08% | 0.00 | 0.00 | 61.20K |
OCCIDENTAL PETE CORPSOLE | COM | 124.64K | SH | $5.59M 1.05% | 0.00 | 0.00 | 124.64K |
MOODYS CORPSOLE | COM | 11.51K | SH | $5.58M 1.05% | 0.00 | 0.00 | 11.51K |
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