Lawson Kroeker Investment Management

OMAHA, NEfiles as LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE

$361m in 59 US stocks at the end of 30 June 2026. The top 10 are 49.7% of the money. It changed about 9.1% of the portfolio this quarter.

Value

$361m

Stocks

Top 10 share

49.7%

Turnover

9.1%

What changed this quarter

New

Bought for the first time this quarter.

Fairfax Finl Hldgs LTD SUB VTGFRFHF
3.0% of the fund
CaterpillarCAT
<0.1% of the fund

Added

Bought more of a stock they already held.

Thermo Fisher ScientificTMO
3.8% of the fund
+101%
HCA HealthcareHCA
2.9% of the fund
+3%
PepsiCoPEP
2.5% of the fund
+681%
Sky Harbour GroupSKYH
0.8% of the fund
+3%

Cut

Sold some of their stake.

Texas Pacific LandTPL
13.4% of the fund
-2%
Berkshire HathawayBRK-B
6.1% of the fund
-4%
Phillips 66PSX
3.9% of the fund
-4%
AflacAFL
3.9% of the fund
-3%
Elevance HealthELV
2.6% of the fund
-35%
Asbury Automotive GroupABG
1.9% of the fund
-14%
BrukerBRKR
1.5% of the fund
-30%
Berkshire Hathaway INC DELBRK-A
1.5% of the fund
-13%
MarinemaxHZO
1.2% of the fund
-9%
PfizerPFE
1.2% of the fund
-8%
Canadian National RailwayCNI
1.1% of the fund
-4%
LKQLKQ
0.7% of the fund
-12%
Brookfield Asset ManagementBAM
0.6% of the fund
-12%
Coca-ColaKO
0.3% of the fund
-2%
Procter & GamblePG
0.3% of the fund
-3%
Constellium SECSTM
0.2% of the fund
-18%
AppleAAPL
0.2% of the fund
-9%
First National of NebraskaFINN
0.1% of the fund
-19%
Nestle SA ADRNSRGY
0.1% of the fund
-45%
Colgate-PalmoliveCL
<0.1% of the fund
-7%
Dominion EnergyD
<0.1% of the fund
-9%
Abbott LaboratoriesABT
<0.1% of the fund
-3%

Sold out

Sold their entire stake.

MSC Industrial DirectMSM
-100%
SunoptaSTKL
-100%

Holdings

Texas Pacific LandTPL
Share
13.4%
Value
$48m
Shares
110,114
-2%
Berkshire HathawayBRK-B
Share
6.1%
Value
$22m
Shares
44,113
-4%
Arthur J. GallagherAJG
Share
4.2%
Value
$15m
Shares
66,344
Held
AlphabetGOOG
Share
4.0%
Value
$14m
Shares
40,924
Held
Phillips 66PSX
Share
3.9%
Value
$14m
Shares
82,799
-4%
AflacAFL
Share
3.9%
Value
$14m
Shares
118,548
-3%
MicrosoftMSFT
Share
3.8%
Value
$14m
Shares
36,787
Held
Thermo Fisher ScientificTMO
Share
3.8%
Value
$14m
Shares
27,058
+101%
Fifth Third BancorpFITB
Share
3.4%
Value
$12m
Shares
219,387
Held
ChubbCB
Share
3.2%
Value
$12m
Shares
34,062
Held
Johnson & JohnsonJNJ
Share
3.1%
Value
$11m
Shares
43,491
Held
Fairfax Finl Hldgs LTD SUB VTGFRFHF
Share
3.0%
Value
$11m
Shares
6,575
New
Lincoln Electric HoldingsLECO
Share
3.0%
Value
$11m
Shares
40,540
Held
HCA HealthcareHCA
Share
2.9%
Value
$10m
Shares
26,383
+3%
Elevance HealthELV
Share
2.6%
Value
$9m
Shares
24,199
-35%
Walt DisneyDIS
Share
2.5%
Value
$9m
Shares
93,846
Held
HersheyHSY
Share
2.5%
Value
$9m
Shares
50,979
Held
PepsiCoPEP
Share
2.5%
Value
$9m
Shares
65,813
+681%
NelnetNNI
Share
2.4%
Value
$9m
Shares
66,047
Held
Cullen/frost BankersCFR
Share
2.3%
Value
$8m
Shares
53,268
Held
Canadian Pacific Kansas CityCP
Share
2.2%
Value
$8m
Shares
89,538
Held
Asbury Automotive GroupABG
Share
1.9%
Value
$7m
Shares
33,426
-14%
BrookfieldBN
Share
1.8%
Value
$6m
Shares
151,867
Held
Charles River Laboratories InternationalCRL
Share
1.8%
Value
$6m
Shares
28,004
Held
Vulcan MaterialsVMC
Share
1.6%
Value
$6m
Shares
19,152
Held
BrukerBRKR
Share
1.5%
Value
$6m
Shares
92,502
-30%
Berkshire Hathaway INC DELBRK-A
Share
1.5%
Value
$5m
Shares
7
-13%
ChevronCVX
Share
1.4%
Value
$5m
Shares
30,799
Held
MarinemaxHZO
Share
1.2%
Value
$4m
Shares
117,752
-9%
PfizerPFE
Share
1.2%
Value
$4m
Shares
174,686
-8%
Canadian National RailwayCNI
Share
1.1%
Value
$4m
Shares
32,036
-4%
Sky Harbour GroupSKYH
Share
0.8%
Value
$3m
Shares
280,089
+3%
LKQLKQ
Share
0.7%
Value
$3m
Shares
96,247
-12%
McDonald'sMCD
Share
0.7%
Value
$2m
Shares
8,955
Held
Brookfield Asset ManagementBAM
Share
0.6%
Value
$2m
Shares
48,387
-12%
State STR Spdr S&P 500 ETF TSPY
Share
0.5%
Value
$2m
Shares
2,315
Held
Costco WholesaleCOST
Share
0.3%
Value
$1m
Shares
1,260
Held
Crimson Wine GroupCWGL
Share
0.3%
Value
$1m
Shares
252,267
Held
Coca-ColaKO
Share
0.3%
Value
$1m
Shares
13,490
-2%
Procter & GamblePG
Share
0.3%
Value
$951,400
Shares
6,488
-3%
Costamare Inc. 8.50 Preferred
Share
0.2%
Value
$822,372
Shares
30,893
Held
Constellium SECSTM
Share
0.2%
Value
$800,574
Shares
25,120
-18%
Dino Polska S A Unspnsord ADSDNOPY
Share
0.2%
Value
$743,863
Shares
98,135
Held
AppleAAPL
Share
0.2%
Value
$737,868
Shares
2,550
-9%
CoherentCOHR
Share
0.2%
Value
$552,258
Shares
1,400
Held
AutozoneAZO
Share
0.2%
Value
$549,702
Shares
172
Held
AbbVieABBV
Share
0.1%
Value
$442,383
Shares
1,758
Held
First National of NebraskaFINN
Share
0.1%
Value
$393,750
Shares
21
-19%
Amazon.comAMZN
Share
0.1%
Value
$381,344
Shares
1,600
Held
Ishares TRIVV
Share
0.1%
Value
$374,445
Shares
500
Held
Nestle SA ADRNSRGY
Share
0.1%
Value
$373,868
Shares
3,630
-45%
WalmartWMT
Share
<0.1%
Value
$356,769
Shares
3,150
Held
Colgate-PalmoliveCL
Share
<0.1%
Value
$328,214
Shares
3,580
-7%
Dominion EnergyD
Share
<0.1%
Value
$323,012
Shares
4,730
-9%
Wheaton Precious MetalsWPM
Share
<0.1%
Value
$280,800
Shares
2,500
Held
NextEra EnergyNEE
Share
<0.1%
Value
$263,310
Shares
3,000
Held
Abbott LaboratoriesABT
Share
<0.1%
Value
$228,846
Shares
2,522
-3%
CaterpillarCAT
Share
<0.1%
Value
$212,980
Shares
200
New
Cardinal Resources
Share
0.0%
Value
$0
Shares
100,000
Held

Company	Share of fund	Value	Shares	Change
Texas Pacific LandTPL	13.4%	$48m	110,114	-2%
Berkshire HathawayBRK-B	6.1%	$22m	44,113	-4%
Arthur J. GallagherAJG	4.2%	$15m	66,344	Held
AlphabetGOOG	4.0%	$14m	40,924	Held
Phillips 66PSX	3.9%	$14m	82,799	-4%
AflacAFL	3.9%	$14m	118,548	-3%
MicrosoftMSFT	3.8%	$14m	36,787	Held
Thermo Fisher ScientificTMO	3.8%	$14m	27,058	+101%
Fifth Third BancorpFITB	3.4%	$12m	219,387	Held
ChubbCB	3.2%	$12m	34,062	Held
Johnson & JohnsonJNJ	3.1%	$11m	43,491	Held
Fairfax Finl Hldgs LTD SUB VTGFRFHF	3.0%	$11m	6,575	New
Lincoln Electric HoldingsLECO	3.0%	$11m	40,540	Held
HCA HealthcareHCA	2.9%	$10m	26,383	+3%
Elevance HealthELV	2.6%	$9m	24,199	-35%
Walt DisneyDIS	2.5%	$9m	93,846	Held
HersheyHSY	2.5%	$9m	50,979	Held
PepsiCoPEP	2.5%	$9m	65,813	+681%
NelnetNNI	2.4%	$9m	66,047	Held
Cullen/frost BankersCFR	2.3%	$8m	53,268	Held
Canadian Pacific Kansas CityCP	2.2%	$8m	89,538	Held
Asbury Automotive GroupABG	1.9%	$7m	33,426	-14%
BrookfieldBN	1.8%	$6m	151,867	Held
Charles River Laboratories InternationalCRL	1.8%	$6m	28,004	Held
Vulcan MaterialsVMC	1.6%	$6m	19,152	Held
BrukerBRKR	1.5%	$6m	92,502	-30%
Berkshire Hathaway INC DELBRK-A	1.5%	$5m	7	-13%
ChevronCVX	1.4%	$5m	30,799	Held
MarinemaxHZO	1.2%	$4m	117,752	-9%
PfizerPFE	1.2%	$4m	174,686	-8%
Canadian National RailwayCNI	1.1%	$4m	32,036	-4%
Sky Harbour GroupSKYH	0.8%	$3m	280,089	+3%
LKQLKQ	0.7%	$3m	96,247	-12%
McDonald'sMCD	0.7%	$2m	8,955	Held
Brookfield Asset ManagementBAM	0.6%	$2m	48,387	-12%
State STR Spdr S&P 500 ETF TSPY	0.5%	$2m	2,315	Held
Costco WholesaleCOST	0.3%	$1m	1,260	Held
Crimson Wine GroupCWGL	0.3%	$1m	252,267	Held
Coca-ColaKO	0.3%	$1m	13,490	-2%
Procter & GamblePG	0.3%	$951,400	6,488	-3%
Costamare Inc. 8.50 Preferred	0.2%	$822,372	30,893	Held
Constellium SECSTM	0.2%	$800,574	25,120	-18%
Dino Polska S A Unspnsord ADSDNOPY	0.2%	$743,863	98,135	Held
AppleAAPL	0.2%	$737,868	2,550	-9%
CoherentCOHR	0.2%	$552,258	1,400	Held
AutozoneAZO	0.2%	$549,702	172	Held
AbbVieABBV	0.1%	$442,383	1,758	Held
First National of NebraskaFINN	0.1%	$393,750	21	-19%
Amazon.comAMZN	0.1%	$381,344	1,600	Held
Ishares TRIVV	0.1%	$374,445	500	Held
Nestle SA ADRNSRGY	0.1%	$373,868	3,630	-45%
WalmartWMT	<0.1%	$356,769	3,150	Held
Colgate-PalmoliveCL	<0.1%	$328,214	3,580	-7%
Dominion EnergyD	<0.1%	$323,012	4,730	-9%
Wheaton Precious MetalsWPM	<0.1%	$280,800	2,500	Held
NextEra EnergyNEE	<0.1%	$263,310	3,000	Held
Abbott LaboratoriesABT	<0.1%	$228,846	2,522	-3%
CaterpillarCAT	<0.1%	$212,980	200	New
Cardinal Resources	0.0%	$0	100,000	Held

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is down 32.9% since 30 June 2025.

Where the money is

Financial services26.2%

Energy18.7%

Health care16.9%

Industrials7.0%

Media & telecom6.5%

Everyday goods6.0%

Technology4.2%

Retail & consumer4.0%

Real estate2.6%

Materials1.9%

Utilities0.2%

Other6.0%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.