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Portfolio (Quarterly) Guide ↗

LOCUST WOOD CAPITAL ADVISERS, LLC

· CIK 0001349434
13F Portfolio $3.9B AUM 31 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 2 New 10 Added 19 Reduced 9 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 LIN LINDE PLC Basic Materials 466,501.0 $231.3M 5.89% -193K -29.3% $495.76 +3.8%
2 MSFT MICROSOFT CORP Technology 521,945.0 $193.2M 4.92% -39K -6.9% $370.17 +13.2%
3 GEHC GE HEALTHCARE TECHNOLOGIES I Healthcare 2,113,089.0 $150.4M 3.83% -14K -0.7% $71.18 -9.6%
4 ESI ELEMENT SOLUTIONS INC Basic Materials 4,388,886.0 $149.8M 3.82% -449K -9.3% $34.14 +18.2%
5 GOOGL ALPHABET INC Communication Services 518,273.0 $149.0M 3.80% -63K -10.8% $287.56 +34.8%
6 PCG PG&E CORP Utilities 8,171,446.0 $143.6M 3.66% -336K -4.0% $17.57 -6.4%
7 VRT VERTIV HOLDINGS CO Industrials 536,933.0 $134.5M 3.43% -309K -36.5% $250.58 +26.0%
8 AAPL APPLE INC Technology 477,658.0 $121.2M 3.09% -61K -11.4% $253.79 +20.2%
9 CSX CSX CORP Industrials 2,868,822.0 $117.8M 3.00% -662K -18.7% $41.05 +11.8%
10 WM WASTE MGMT INC DEL Industrials 409,737.0 $94.2M 2.40% -39K -8.6% $229.79 -4.4%
11 STE STERIS PLC Healthcare 394,495.0 $87.2M 2.22% -52K -11.6% $221.13 -2.3%
12 RHLD RESOLUTE HLDGS MGMT INC Industrials 533,391.0 $86.6M 2.21% -11K -1.9% $162.30 -32.0%
13 SHW SHERWIN WILLIAMS CO Basic Materials 249,052.0 $79.8M 2.03% -21K -7.6% $320.55 -4.0%
14 SU SUNCOR ENERGY INC NEW Energy 882,951.0 $58.4M 1.49% -901K -50.5% $66.11 +2.6%
15 CANADIAN PACIFIC KANSAS CITY 647,230.0 $50.9M 1.30% -241K -27.1% $78.66
16 BERKSHIRE HATHAWAY INC DEL 65,255.0 $31.3M 0.80% -3K -5.0% $479.20
17 BERKSHIRE HATHAWAY INC DEL 23.0 $16.5M 0.42% -1.0 -4.2% $718140.00
18 PCG CALL PG&E CORP Utilities 673,500.0 $11.8M 0.30% -214K -24.2% $17.57 -6.4%
19 ABT CALL ABBOTT LABORATORIES Healthcare 108,700.0 $11.2M 0.28% -5K -4.2% $102.67 -14.5%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Industrials 21.8%
Technology 21.7%
Basic Materials 13.0%
Healthcare 10.3%
Consumer Cyclical 9.4%
Communication Services 9.1%
Financial Services 9.0%
Utilities 4.0%
Energy 1.6%