Portfolio (Quarterly) Guide ↗

Zuckerman Investment Group, LLC

· CIK 0001423296

13F Portfolio $1.1B AUM 137 positions Filed Feb 13, 2026 EDGAR ↗ ← All Funds

Q4 2025 Q3 2025 · All 12 New 50 Added 31 Reduced 33 Exited

#	Ticker	Company	Sector	Shares	Value ↓	% Port	Chg Shares	Chg %	Period Price ①	Since Period ①
1	PG	PROCTER AND GAMBLE CO	Consumer Defensive	51,382.0	$7.4M	0.66%	NEW	—	$143.31	+0.8%
2	ACHR	ARCHER AVIATION INC	Industrials	112,216.0	$844K	0.07%	NEW	—	$7.52	-15.4%
3	BCTK	BARON ETF TR	—	30,683.0	$771K	0.07%	NEW	—	$25.12	+18.5%
4	ASML	ASML HOLDING N V	Technology	404.0	$432K	0.04%	NEW	—	$1069.86	+52.6%
5	SLV	ISHARES SILVER TR	Financial Services	4,456.0	$287K	0.03%	NEW	—	$64.42	+6.1%
6	CDNL	CARDINAL INFRASTRUCTURE GROU	Industrials	10,000.0	$242K	0.02%	NEW	—	$24.18	+102.0%
7	COF	CAPITAL ONE FINL CORP	Financial Services	976.0	$237K	0.02%	NEW	—	$242.36	-22.5%
8	FBTC	FIDELITY WISE ORIGIN BITCOIN	Financial Services	3,043.0	$232K	0.02%	NEW	—	$76.23	-13.4%
9	AIG	AMERICAN INTL GROUP INC	Financial Services	2,500.0	$214K	0.02%	NEW	—	$85.55	-9.9%
10	XBI	SPDR SERIES TRUST	—	1,691.0	$206K	0.02%	NEW	—	$121.93	+8.0%
11	INTC	INTEL CORP	Technology	5,496.0	$203K	0.02%	NEW	—	$36.90	+224.8%
12	RYAM	RAYONIER ADVANCED MATLS INC	Basic Materials	34,154.0	$201K	0.02%	NEW	—	$5.89	+48.2%

① 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 25.1%

Healthcare 19.5%

Consumer Cyclical 18.1%

Technology 11.9%

Communication Services 11.1%

Financial Services 10.5%

Consumer Defensive 3.1%

Energy 0.2%

Utilities 0.2%

Real Estate 0.1%