Portfolio (Quarterly) Guide ↗

Elgethun Capital Management

· CIK 0001638022

13F Portfolio $718M AUM 174 positions Filed Jul 29, 2026 EDGAR ↗ ← All Funds

Q2 2026 Q1 2026 · All 9 New 108 Added 20 Reduced 1 Exited

#	Ticker	Company	Sector	Shares	Value ↓	% Port	Chg Shares	Chg %	Period Price ①	Since Period ①
1	SCHB	SCHWAB STRATEGIC TR	—	562,608.0	$16.3M	2.27%	-4K	-0.7%	$28.96	+2.5%
2	C	CITIGROUP INC	Financial Services	82,225.0	$11.5M	1.60%	-85K	-50.8%	$139.96	-1.7%
3	SCHX	SCHWAB STRATEGIC TR	—	77,853.0	$2.3M	0.32%	-415.0	-0.5%	$29.43	+2.9%
4	MRK	MERCK & CO INC	Healthcare	14,495.0	$1.9M	0.26%	-182.0	-1.2%	$128.50	+5.2%
5	VWO	VANGUARD INTL EQUITY INDEX F	—	27,584.0	$1.6M	0.23%	-269.0	-1.0%	$59.69	-0.1%
6	BWB	BRIDGEWATER BANCSHARES INC	Financial Services	77,304.0	$1.6M	0.23%	-2K	-2.4%	$21.04	+6.2%
7	STLA	STELLANTIS N.V	Consumer Cyclical	264,437.0	$1.5M	0.21%	-31K	-10.6%	$5.74	-12.0%
8	VTV	VANGUARD INDEX FDS	—	5,087.0	$1.1M	0.15%	-29.0	-0.6%	$217.91	+3.9%
9	SPSM	SPDR SERIES TRUST	—	17,632.0	$1.0M	0.14%	-494.0	-2.7%	$57.67	-0.4%
10	IVV	ISHARES TR	—	1,304.0	$977K	0.14%	-40.0	-3.0%	$748.89	+2.9%
11	INTC	INTEL CORP	Technology	3,839.0	$536K	0.07%	-1K	-24.2%	$139.61	-30.7%
12	SPY	STATE STR SPDR S&P 500 ETF T	Financial Services	624.0	$466K	0.07%	-100.0	-13.8%	$747.11	+2.7%
13	MKL	MARKEL GROUP INC	Financial Services	235.0	$459K	0.06%	-3.0	-1.3%	$1953.01	-7.1%
14	ECG	EVERUS CONSTR GROUP	Industrials	2,582.0	$428K	0.06%	-100.0	-3.7%	$165.95	-22.2%
15	IVLU	ISHARES TR	—	5,820.0	$243K	0.03%	-150.0	-2.5%	$41.82	+4.9%
16	GLD	SPDR GOLD TR	Financial Services	605.0	$223K	0.03%	-152.0	-20.1%	$368.38	+8.2%
17	SCHA	SCHWAB STRATEGIC TR	—	6,105.0	$221K	0.03%	-215.0	-3.4%	$36.13	-3.1%
18	MDU	MDU RES GROUP INC	Industrials	10,016.0	$212K	0.03%	-958.0	-8.7%	$21.21	-3.6%
19	SHEL	SHELL PLC	Energy	2,272.0	$176K	0.03%	-89.0	-3.8%	$77.54	+18.7%
20	KNF	KNIFE RIVER CORP	Basic Materials	2,087.0	$175K	0.02%	-250.0	-10.7%	$83.65	-21.8%

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

Healthcare 24.4%

Consumer Cyclical 20.1%

Financial Services 19.0%

Energy 9.6%

Technology 8.8%

Communication Services 8.1%

Consumer Defensive 5.7%

Industrials 3.4%

Basic Materials 0.5%

Utilities 0.3%