Q4 2025 · 13F-HR
Zuckerman Investment Group, LLCholdings as filed
Filed 2026-02-13 · accession 0001423296-26-000002
$1.12B
Reported value
137
Positions
2025-12-31
Period end
The Brief · Zuckerman Investment Group, LLC · Q4 2025
AI · grounded in 13F
Zuckerman Investment Group, LLC significantly reduced its stake in SBUX, trimming shares by 94.78%. The fund also cut positions in CSWC by 89.18% and PLTR by 44.45%. On the buy side, the manager established a new position in PG worth $7.36M and increased its holding in CRM by 148.23%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 92537N108 | VRT | VERTIV HOLDINGS CO | $104.7M | 9.35% | 646,548 | Common | SOLE |
| 90384S303 | ULTA | ULTA BEAUTY INC | $64.0M | 5.72% | 105,856 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $50.1M | 4.47% | 160,052 | Common | SOLE |
| 58155Q103 | MCK | MCKESSON CORP | $39.4M | 3.52% | 48,004 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $33.4M | 2.98% | 69,008 | Common | SOLE |
| 20459V105 | GPGI | COMPOSECURE INC | $30.8M | 2.75% | 1,595,473 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $29.4M | 2.62% | 128,484 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $29.1M | 2.59% | 57,796 | Common | SOLE |
| 48251W104 | KKR | KKR & CO INC | $28.9M | 2.58% | 226,770 | Common | SOLE |
| G4705A100 | ICLR | ICON PLC | $28.4M | 2.53% | 155,643 | Common | SOLE |
| 922042858 | VWO | VANGUARD INTL EQUITY INDEX F | $27.8M | 2.48% | 517,645 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $26.7M | 2.38% | 40,416 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $26.3M | 2.35% | 96,681 | Common | SOLE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $25.9M | 2.32% | 415,225 | Common | SOLE |
| 76134H101 | RHLD | RESOLUTE HLDGS MGMT INC | $25.3M | 2.26% | 122,517 | Common | SOLE |
| G7S00T104 | PNR | PENTAIR PLC | $24.6M | 2.19% | 235,787 | Common | SOLE |
| 253393102 | DKS | DICKS SPORTING GOODS INC | $24.2M | 2.16% | 122,300 | Common | SOLE |
| h00501108 | — | AEBI SCHMIDT HLDG AG | $23.5M | 2.10% | 1,861,523 | Common | SOLE |
| 126402106 | CSW | CSW INDUSTRIALS INC | $23.4M | 2.09% | 79,860 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $22.4M | 2.00% | 97,179 | Common | SOLE |
| 806407102 | HSIC | HENRY SCHEIN INC | $21.8M | 1.94% | 287,843 | Common | SOLE |
| 05352A100 | AVTR | AVANTOR INC | $20.1M | 1.79% | 1,749,569 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $19.7M | 1.75% | 60,993 | Common | SOLE |
| 743315103 | PGR | PROGRESSIVE CORP | $19.3M | 1.73% | 84,965 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $18.4M | 1.64% | 69,543 | Common | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $18.1M | 1.61% | 28,783 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $16.1M | 1.44% | 936,091 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $15.9M | 1.42% | 21 | Common | SOLE |
| 16679l109 | — | CHEWY INC | $15.6M | 1.39% | 471,581 | Common | SOLE |
| 550021109 | LULU | LULULEMON ATHLETICA INC | $15.6M | 1.39% | 74,838 | Common | SOLE |
| 002824100 | ABT | ABBOTT LABS | $15.3M | 1.37% | 122,175 | Common | SOLE |
| 92204A306 | VDE | VANGUARD WORLD FD | $14.8M | 1.32% | 117,426 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $14.1M | 1.26% | 123,734 | Common | SOLE |
| 92189H607 | OIH | VANECK ETF TRUST | $13.3M | 1.18% | 46,549 | Common | SOLE |
| 109696104 | BCO | BRINKS CO | $12.6M | 1.12% | 107,932 | Common | SOLE |
| 922908629 | VO | VANGUARD INDEX FDS | $12.4M | 1.10% | 42,617 | Common | SOLE |
| 82982L103 | SITE | SITEONE LANDSCAPE SUPPLY INC | $12.2M | 1.09% | 98,181 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $10.6M | 0.94% | 30,196 | Common | SOLE |
| 92206C664 | VTWO | VANGUARD SCOTTSDALE FDS | $10.3M | 0.92% | 103,332 | Common | SOLE |
| 464287614 | IWF | ISHARES TR | $9.5M | 0.85% | 20,006 | Common | SOLE |
| 81369Y605 | XLF | SELECT SECTOR SPDR TR | $9.3M | 0.83% | 169,663 | Common | SOLE |
| 73642K106 | PTLO | PORTILLOS INC | $8.9M | 0.80% | 1,963,750 | Common | SOLE |
| 464287663 | IUSV | ISHARES TR | $8.5M | 0.76% | 83,056 | Common | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $7.4M | 0.66% | 51,382 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $5.7M | 0.51% | 9,227 | Common | SOLE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $3.9M | 0.35% | 22,121 | Common | SOLE |
| 852234AK9 | XYZ 0.25 11/01/27 | BLOCK INC | $3.8M | 0.33% | 4,086,000 | Common | SOLE |
| 92826C839 | V | VISA INC | $3.2M | 0.28% | 9,099 | Common | SOLE |
| 46434G103 | IEMG | ISHARES INC | $3.0M | 0.27% | 45,255 | Common | SOLE |
| 713448108 | PEP | PEPSICO INC | $3.0M | 0.26% | 20,561 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $2.9M | 0.26% | 13,844 | Common | SOLE |
| 413197104 | HRMY | HARMONY BIOSCIENCES HLDGS IN | $2.8M | 0.25% | 75,461 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $2.5M | 0.22% | 7,874 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $2.2M | 0.20% | 3,906 | Common | SOLE |
| 81369Y886 | XLU | SELECT SECTOR SPDR TR | $2.2M | 0.19% | 50,850 | Common | SOLE |
| 81369Y100 | XLB | SELECT SECTOR SPDR TR | $2.1M | 0.19% | 46,726 | Common | SOLE |
| 12503M108 | CBOE | CBOE GLOBAL MKTS INC | $2.1M | 0.19% | 8,415 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $2.0M | 0.18% | 5,834 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $1.8M | 0.16% | 3,947 | Common | SOLE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $1.8M | 0.16% | 43,333 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $1.7M | 0.15% | 8,879 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $1.6M | 0.14% | 8,494 | Common | SOLE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $1.5M | 0.13% | 4,277 | Common | SOLE |
| 81369Y860 | XLRE | SELECT SECTOR SPDR TR | $1.5M | 0.13% | 35,965 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $1.4M | 0.13% | 3,541 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $1.4M | 0.12% | 4,164 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $1.4M | 0.12% | 12,908 | Common | SOLE |
| 921946406 | VYM | VANGUARD WHITEHALL FDS | $1.3M | 0.12% | 9,256 | Common | SOLE |
| 038336103 | ATR | APTARGROUP INC | $1.3M | 0.11% | 10,521 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $1.2M | 0.11% | 1,345 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $1.1M | 0.10% | 5,828 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $1.0M | 0.09% | 3,015 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $1.0M | 0.09% | 1,489 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & CO | $1.0M | 0.09% | 942 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $1.0M | 0.09% | 18,229 | Common | SOLE |
| 140501107 | CSWC | CAPITAL SOUTHWEST CORP | $995,190 | 0.09% | 44,930 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $945,098 | 0.08% | 3,110 | Common | SOLE |
| 00214Q104 | ARKK | ARK ETF TR | $942,270 | 0.08% | 12,250 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $929,018 | 0.08% | 9,968 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $927,120 | 0.08% | 1,600 | Common | SOLE |
| 03945R102 | ACHR | ARCHER AVIATION INC | $843,864 | 0.08% | 112,216 | Common | SOLE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $830,137 | 0.07% | 15,390 | Common | SOLE |
| 46434v407 | — | ISHARES TR | $810,464 | 0.07% | 18,905 | Common | SOLE |
| 46435u473 | — | ISHARES TR | $808,414 | 0.07% | 17,153 | Common | SOLE |
| 92206c409 | — | VANGUARD SCOTTSDALE FDS | $801,316 | 0.07% | 10,050 | Common | SOLE |
| 464287200 | IVV | ISHARES TR | $798,640 | 0.07% | 1,166 | Common | SOLE |
| 921937819 | BIV | VANGUARD BD INDEX FDS | $788,556 | 0.07% | 10,125 | Common | SOLE |
| 06829D503 | BCTK | BARON ETF TR | $770,714 | 0.07% | 30,683 | Common | SOLE |
| 88339J105 | TTD | THE TRADE DESK INC | $759,504 | 0.07% | 20,008 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC | $674,706 | 0.06% | 8,759 | Common | SOLE |
| G29183103 | ETN | EATON CORP PLC | $637,339 | 0.06% | 2,001 | Common | SOLE |
| 65158N102 | NMRK | NEWMARK GROUP INC | $628,575 | 0.06% | 36,250 | Common | SOLE |
| 46982L108 | J | JACOBS SOLUTIONS INC | $626,536 | 0.06% | 4,730 | Common | SOLE |
| 05722G100 | BKR | BAKER HUGHES COMPANY | $577,994 | 0.05% | 12,692 | Common | SOLE |
| 88579Y101 | MMM | 3M CO | $576,360 | 0.05% | 3,600 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $566,659 | 0.05% | 6,935 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $493,504 | 0.04% | 1,060 | Common | SOLE |
| 855244109 | SBUX | STARBUCKS CORP | $482,012 | 0.04% | 5,724 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $480,638 | 0.04% | 3,994 | Common | SOLE |
| 693718108 | PCAR | PACCAR INC | $456,985 | 0.04% | 4,173 | Common | SOLE |
| 09260D107 | BX | BLACKSTONE INC | $455,638 | 0.04% | 2,956 | Common | SOLE |
| 902252105 | TYL | TYLER TECHNOLOGIES INC | $454,404 | 0.04% | 1,001 | Common | SOLE |
| N07059210 | ASML | ASML HOLDING N V | $432,223 | 0.04% | 404 | Common | SOLE |
| 514952100 | LB | LANDBRIDGE COMPANY LLC | $426,213 | 0.04% | 8,700 | Common | SOLE |
| 34959E109 | FTNT | FORTINET INC | $397,050 | 0.04% | 5,000 | Common | SOLE |
| 464287507 | IJH | ISHARES TR | $312,510 | 0.03% | 4,735 | Common | SOLE |
| 464287309 | IVW | ISHARES TR | $306,301 | 0.03% | 2,485 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $305,977 | 0.03% | 1,243 | Common | SOLE |
| 670100205 | NVO | NOVO-NORDISK A S | $302,838 | 0.03% | 5,952 | Common | SOLE |
| 191216100 | KO | COCA COLA CO | $291,035 | 0.03% | 4,163 | Common | SOLE |
| 46428Q109 | SLV | ISHARES SILVER TR | $287,056 | 0.03% | 4,456 | Common | SOLE |
| 21873S108 | CRWV | COREWEAVE INC | $286,440 | 0.03% | 4,000 | Common | SOLE |
| 464285204 | IAU | ISHARES GOLD TR | $280,605 | 0.03% | 3,457 | Common | SOLE |
| 782011100 | RSI | RUSH STREET INTERACTIVE INC | $276,877 | 0.02% | 14,250 | Common | SOLE |
| 40434L105 | HPQ | HP INC | $276,272 | 0.02% | 12,400 | Common | SOLE |
| 410120109 | HWC | HANCOCK WHITNEY CORPORATION | $275,925 | 0.02% | 4,333 | Common | SOLE |
| 852066208 | SII | SPROTT INC | $265,069 | 0.02% | 2,707 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $251,812 | 0.02% | 1,100 | Common | SOLE |
| 67077M108 | NTR | NUTRIEN LTD | $243,177 | 0.02% | 3,940 | Common | SOLE |
| 14154A102 | CDNL | CARDINAL INFRASTRUCTURE GROU | $241,800 | 0.02% | 10,000 | Common | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $236,543 | 0.02% | 976 | Common | SOLE |
| 56585A102 | MPC | MARATHON PETE CORP | $233,211 | 0.02% | 1,434 | Common | SOLE |
| 315948109 | FBTC | FIDELITY WISE ORIGIN BITCOIN | $231,968 | 0.02% | 3,043 | Common | SOLE |
| 12572Q105 | CME | CME GROUP INC | $231,299 | 0.02% | 847 | Common | SOLE |
| 46438f101 | — | ISHARES BITCOIN TRUST ETF | $230,972 | 0.02% | 4,652 | Common | SOLE |
| 806857108 | SLB | SLB LIMITED | $229,589 | 0.02% | 5,982 | Common | SOLE |
| 464288182 | AAXJ | ISHARES TR | $228,796 | 0.02% | 2,457 | Common | SOLE |
| 25243Q205 | DEO | DIAGEO PLC | $220,420 | 0.02% | 2,555 | Common | SOLE |
| 026874784 | AIG | AMERICAN INTL GROUP INC | $213,875 | 0.02% | 2,500 | Common | SOLE |
| 60855R100 | MOH | MOLINA HEALTHCARE INC | $209,116 | 0.02% | 1,205 | Common | SOLE |
| 989207105 | ZBRA | ZEBRA TECHNOLOGIES CORPORATI | $206,397 | 0.02% | 850 | Common | SOLE |
| 78464A870 | XBI | SPDR SERIES TRUST | $206,184 | 0.02% | 1,691 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $203,160 | 0.02% | 1,386 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $202,802 | 0.02% | 5,496 | Common | SOLE |
| 75508B104 | RYAM | RAYONIER ADVANCED MATLS INC | $201,167 | 0.02% | 34,154 | Common | SOLE |
| 292104106 | ESRT | EMPIRE ST RLTY TR INC | $195,600 | 0.02% | 30,000 | Common | SOLE |
| 29415C101 | EOSE | EOS ENERGY ENTERPRISES INC | $175,579 | 0.02% | 15,321 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.