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Portfolio (Quarterly) Guide ↗

Eldred Rock Partners, LLC

· CIK 0001984180
13F Portfolio $401M AUM Filed Oct 21, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 30 New
Page 2 of 2  ·  30 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 MRK MERCK & CO INC Healthcare 120,880.0 $10.2M 2.56% NEW $84.74 +32.8%
22 NVO NOVO-NORDISK A S Healthcare 184,151.0 $10.2M 2.55% NEW $55.49 -20.2%
23 UL UNILEVER PLC Consumer Defensive 163,471.0 $9.7M 2.42% NEW $59.28 -3.3%
24 KMX CARMAX INC Consumer Cyclical 207,986.0 $9.3M 2.33% NEW $44.87 -17.4%
25 ABEV AMBEV SA Consumer Defensive 3,962,046.0 $8.9M 2.23% NEW $2.25 +39.8%
26 INTERNATIONAL BANCSHARES COR 127,460.0 $8.8M 2.19% NEW $68.75
27 ACN ACCENTURE PLC IRELAND Technology 35,171.0 $8.7M 2.16% NEW $246.60 -28.3%
28 SHEL SHELL PLC Energy 117,232.0 $8.4M 2.09% NEW $71.53 +23.9%
29 DEO DIAGEO PLC Consumer Defensive 81,630.0 $7.8M 1.94% NEW $95.43 -12.2%
30 GOOG ALPHABET INC Communication Services 1,218.0 $297K 0.07% NEW $243.55 +61.4%
Page 2 of 2  ·  30 positions

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
Technology 29.0%
Financial Services 16.6%
Consumer Defensive 13.2%
Healthcare 11.3%
Industrials 11.2%
Communication Services 6.7%
Consumer Cyclical 6.1%
Energy 5.9%