Paul Lountzis

Net selling

Lountzis Asset Management, Llc — managed by Paul Lountzis; US equity positions disclosed quarterly via SEC 13F

Data as of 2026-03-31 (filed 2026-05-07) · Source: SEC EDGAR

Portfolio value$272.6M (−3%)

Holdings52

Top holdingBerkshire Hathaway Class B

Below band1

New

Added

Exited

13F × valuation

Valuation posture

Of 21 valued US positions, 1 trade below a conservative value band (as of 2026-07-21):

Zoetis Inc Class AZTS16% · below

SEC 13F · latest filing

Holdings

Security	Value	Valuation	Holders	Shares	Weight	Signal
Berkshire Hathaway Class BBRK.B	$64.4M	—	28	134,308	23.6%	Core 8q
Applied MaterialsAMAT	$40.7M	—	12	119,013	14.9%	Core 8q
Wells Fargo & CoWFC	$19.5M	—	19	245,031	7.2%	Core 8q
Progressive CoPGR	$14.2M	—	10	71,542	5.2%	Core 8q
Alphabet Inc. Class AGOOGL	$13.8M	—	43	48,100	5.1%	Core 8q
Oracle CorpORCL	$13.6M	—	13	92,776	5.0%	Big new
Us BancorpUSB	$13.0M	—	9	248,183	4.8%	—
Cadence Design SystemsCDNS	$12.3M	—	3	44,229	4.5%	—
Kinsale Cap Group IncKNSL	$9.9M	—	3	28,942	3.6%	Big new
Kkr & Co IncKKR	$9.7M	—	9	105,210	3.6%	—
Brown & Brown IncBRO	$7.0M	—	4	107,561	2.6%	—
Procore Technologies IncPCOR	$6.0M	—	4	105,099	2.2%	—
Pepsico IncPEP	$5.9M	—	13	38,089	2.2%	—
Cloudflare IncNET	$5.6M	—	3	26,948	2.0%	—
Zoetis Inc Class AZTS	$5.0M	Below value	8	42,510	1.8%	—
Martin Marietta MatrMLM	$4.9M	—	5	8,325	1.8%	—
Lowes Companies IncLOW	$4.0M	—	4	17,106	1.5%	—
Unitedhealth Group IncUNH	$2.9M	—	19	10,682	1.1%	—
Labcorp, IncLH	$2.4M	—	5	8,999	0.9%	—
Alphabet Inc. Class CGOOG	$1.5M	—	37	5,205	0.5%	—
Bank Of Ny Mellon CoBNY	$1.0M	—	10	8,749	0.4%	—
Wsfs Finl CoWSFS	$957,091	—	3	14,621	0.4%	—
Exxon Mobil CorpXOM	$944,497	—	13	5,567	0.3%	—
Mohawk IndustriesMHK	$801,366	—	8	8,139	0.3%	—
Abbvie IncABBV	$763,607	—	7	3,511	0.3%	No trim 8q

Berkshire Hathaway Class BBRK.BCore 8q
Value$64.4MValuation—Holders28Weight23.6%
Applied MaterialsAMATCore 8q
Value$40.7MValuation—Holders12Weight14.9%
Wells Fargo & CoWFCCore 8q
Value$19.5MValuation—Holders19Weight7.2%
Progressive CoPGRCore 8q
Value$14.2MValuation—Holders10Weight5.2%
Alphabet Inc. Class AGOOGLCore 8q
Value$13.8MValuation—Holders43Weight5.1%
Oracle CorpORCLBig new
Value$13.6MValuation—Holders13Weight5.0%
Us BancorpUSB—
Value$13.0MValuation—Holders9Weight4.8%
Cadence Design SystemsCDNS—
Value$12.3MValuation—Holders3Weight4.5%
Kinsale Cap Group IncKNSLBig new
Value$9.9MValuation—Holders3Weight3.6%
Kkr & Co IncKKR—
Value$9.7MValuation—Holders9Weight3.6%
Brown & Brown IncBRO—
Value$7.0MValuation—Holders4Weight2.6%
Procore Technologies IncPCOR—
Value$6.0MValuation—Holders4Weight2.2%
Pepsico IncPEP—
Value$5.9MValuation—Holders13Weight2.2%
Cloudflare IncNET—
Value$5.6MValuation—Holders3Weight2.0%
Zoetis Inc Class AZTS—
Value$5.0MValuationBelow valueHolders8Weight1.8%
Martin Marietta MatrMLM—
Value$4.9MValuation—Holders5Weight1.8%
Lowes Companies IncLOW—
Value$4.0MValuation—Holders4Weight1.5%
Unitedhealth Group IncUNH—
Value$2.9MValuation—Holders19Weight1.1%
Labcorp, IncLH—
Value$2.4MValuation—Holders5Weight0.9%
Alphabet Inc. Class CGOOG—
Value$1.5MValuation—Holders37Weight0.5%
Bank Of Ny Mellon CoBNY—
Value$1.0MValuation—Holders10Weight0.4%
Wsfs Finl CoWSFS—
Value$957,091Valuation—Holders3Weight0.4%
Exxon Mobil CorpXOM—
Value$944,497Valuation—Holders13Weight0.3%
Mohawk IndustriesMHK—
Value$801,366Valuation—Holders8Weight0.3%
Abbvie IncABBVNo trim 8q
Value$763,607Valuation—Holders7Weight0.3%

Showing top 25 of 52 positions

Exited this quarter (1)Skywater Technology Inc

What is a superinvestor

About this investor

Portfolio overview

Lountzis Asset Management, Llc's most recent 13F filing, for the quarter ended 2026-03-31, reports 52 positions worth $272.6M. The top 5 holdings represent 56% of that value, a moderately concentrated portfolio.

The single largest position is Berkshire Hathaway Class B at 23.6% of the portfolio, followed by Applied Materials at 14.9% and Wells Fargo & Co at 7.2%.

Against the prior quarter, Paul Lountzis opened 1 new position, exited 1, added to 7, and trimmed 13. The largest new buy was Kinsale Cap Group Inc. The most notable sale was the full exit from Skywater Technology Inc.

Across all 8 quarters on file, Berkshire Hathaway Class B has appeared in every filing, as has Applied Materials. Berkshire Hathaway Class B currently ranks first by value.

A 13F is filed roughly 45 days after quarter-end and covers only long positions in US-listed equities, so it is a lagging and partial view of the portfolio. Source: SEC EDGAR.

Paul Lountzis has no positions in the strike zone right now. Browse the whole market by value band

Sources· SEC EDGAR 13F as of 2026-03-31 · filed 2026-05-07

Stay Updated

New-quarter 13F moves and valuation updates, to your inbox.