M. Kraus
SHELBURNE, VTfiles as M. Kraus & Co
$377m in 86 US stocks at the end of 30 June 2026. The top 10 are 49.3% of the money. It changed about 8.1% of the portfolio this quarter.
Value
$377m
Stocks
86
Top 10 share
49.3%
Turnover
8.1%
What changed this quarter
New
Bought for the first time this quarter.
- Texas InstrumentsTXN<0.1% of the fund
- Applied Materials<0.1% of the fund
- UnitedHealth GroupUNH<0.1% of the fund
- Advanced Micro Devices<0.1% of the fund
- NucorNUE<0.1% of the fund
- Spdr Series TrustXNTK<0.1% of the fund
- Bank of America<0.1% of the fund
- Kimberly-ClarkKMB<0.1% of the fund
Added
Bought more of a stock they already held.
- NvidiaNVDA1.5% of the fund+317%
- Eaton1.4% of the fund+229%
- Vanguard Index FDSVOO0.6% of the fund+604%
- State STR Spdr S&P 500 ETF TSPY0.5% of the fund+169%
- State STR Spdr S&P Midcap 40MDY0.3% of the fund+4%
- WalmartWMT0.2% of the fund+5%
- Vanguard Index FDSVTI0.2% of the fund+19%
- VisaV0.2% of the fund+6%
- Vanguard World FDVGT0.1% of the fund+73%
- OracleORCL<0.1% of the fund+9%
- PaychexPAYX<0.1% of the fund+2%
Cut
Sold some of their stake.
- Berkshire Hathaway - B5.6% of the fund-3%
- Republic ServicesRSG0.9% of the fund-3%
- Walt DisneyDIS0.4% of the fund-19%
- Otis WorldwideOTIS0.3% of the fund-24%
- Eli LillyLLY0.3% of the fund-3%
- ExxonMobil HoldingsXOM0.2% of the fund-11%
- Philip Morris InternationalPM0.1% of the fund-2%
- Ishares TRIVW0.1% of the fund-4%
- DeereDE<0.1% of the fund-13%
Sold out
Sold their entire stake.
Holdings
- Berkshire Hathaway - B
- Share
- 5.6%
- Value
- $21m
- Shares
- 42,095
-3%
- Eaton
- Share
- 1.4%
- Value
- $5m
- Shares
- 12,691
+229%
- Vanguard Index FDSVOO
- Share
- 0.6%
- Value
- $2m
- Shares
- 3,167
+604%
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.5%
- Value
- $2m
- Shares
- 2,353
+169%
- Spdr Gold TRGLD
- Share
- 0.3%
- Value
- $1m
- Shares
- 2,865
Held
- State STR Spdr S&P Midcap 40MDY
- Share
- 0.3%
- Value
- $1m
- Shares
- 1,425
+4%
- Ishares TRIWM
- Share
- 0.2%
- Value
- $848,771
- Shares
- 2,825
Held
- Flexshares TRQDF
- Share
- 0.2%
- Value
- $674,400
- Shares
- 7,500
Held
- Vanguard Index FDSVTI
- Share
- 0.2%
- Value
- $654,601
- Shares
- 1,769
+19%
- Vanguard World FDVGT
- Share
- 0.1%
- Value
- $507,518
- Shares
- 5,397
+73%
- Ishares TRIVW
- Share
- 0.1%
- Value
- $378,207
- Shares
- 2,750
-4%
- Yum! Brands
- Share
- <0.1%
- Value
- $346,417
- Shares
- 2,167
Held
- American Express
- Share
- <0.1%
- Value
- $282,777
- Shares
- 836
Held
- Vanguard Index FDSVUG
- Share
- <0.1%
- Value
- $258,420
- Shares
- 3,000
Held
- Applied Materials
- Share
- <0.1%
- Value
- $248,712
- Shares
- 344
New
- Advanced Micro Devices
- Share
- <0.1%
- Value
- $237,592
- Shares
- 409
New
- Spdr Series TrustXNTK
- Share
- <0.1%
- Value
- $220,823
- Shares
- 565
New
- Bank of America
- Share
- <0.1%
- Value
- $213,789
- Shares
- 3,752
New
- Brookfield Infrastructure PABIP
- Share
- <0.1%
- Value
- $205,122
- Shares
- 5,621
Held
- Gologiq INC Frestricted Shares
- Share
- 0.0%
- Value
- $0
- Shares
- 17,000
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AlphabetGOOG | 9.3% | $35m | 99,097 | Held |
| MicrosoftMSFT | 7.4% | $28m | 75,109 | Held |
| Berkshire Hathaway - B | 5.6% | $21m | 42,095 | -3% |
| Cisco SystemsCSCO | 4.8% | $18m | 152,654 | Held |
| Rockwell AutomationROK | 4.1% | $15m | 31,191 | Held |
| Thermo Fisher ScientificTMO | 3.9% | $15m | 29,510 | Held |
| RTXRTX | 3.8% | $14m | 76,097 | Held |
| L3harris TechnologiesLHX | 3.6% | $14m | 46,464 | Held |
| Norfolk SouthernNSC | 3.5% | $13m | 41,669 | Held |
| Johnson & JohnsonJNJ | 3.3% | $13m | 49,461 | Held |
| NextEra EnergyNEE | 3.1% | $12m | 132,302 | Held |
| EcolabECL | 2.8% | $10m | 37,255 | Held |
| Illinois Tool WorksITW | 2.7% | $10m | 37,955 | Held |
| Carrier GlobalCARR | 2.7% | $10m | 139,556 | Held |
| AbbVieABBV | 2.6% | $10m | 39,056 | Held |
| Church & DwightCHD | 2.6% | $10m | 99,218 | Held |
| BroadcomAVGO | 2.4% | $9m | 23,799 | Held |
| Procter & GamblePG | 2.2% | $8m | 57,760 | Held |
| LindeLIN | 2.2% | $8m | 15,645 | Held |
| Microchip TechnologyMCHP | 2.1% | $8m | 88,555 | Held |
| AppleAAPL | 2.1% | $8m | 27,169 | Held |
| EnbridgeENB | 2.0% | $8m | 142,263 | Held |
| PepsiCoPEP | 1.9% | $7m | 52,002 | Held |
| Abbott LaboratoriesABT | 1.9% | $7m | 77,099 | Held |
| Mondelez InternationalMDLZ | 1.7% | $6m | 110,464 | Held |
| NvidiaNVDA | 1.5% | $6m | 27,714 | +317% |
| Eaton | 1.4% | $5m | 12,691 | +229% |
| Republic ServicesRSG | 0.9% | $3m | 16,137 | -3% |
| JPMorgan ChaseJPM | 0.8% | $3m | 8,762 | Held |
| International Business MachinesIBM | 0.7% | $3m | 9,685 | Held |
| Verizon CommunicationsVZ | 0.7% | $3m | 64,310 | Held |
| AlphabetGOOGL | 0.6% | $2m | 6,408 | Held |
| Amazon.comAMZN | 0.6% | $2m | 9,453 | Held |
| Vanguard Index FDSVOO | 0.6% | $2m | 3,167 | +604% |
| ConocoPhillipsCOP | 0.5% | $2m | 19,213 | Held |
| State STR Spdr S&P 500 ETF TSPY | 0.5% | $2m | 2,353 | +169% |
| ChevronCVX | 0.4% | $2m | 9,599 | Held |
| Walt DisneyDIS | 0.4% | $2m | 15,862 | -19% |
| MerckMRK | 0.4% | $1m | 10,698 | Held |
| Otis WorldwideOTIS | 0.3% | $1m | 17,619 | -24% |
| Eli LillyLLY | 0.3% | $1m | 901 | -3% |
| Spdr Gold TRGLD | 0.3% | $1m | 2,865 | Held |
| State STR Spdr S&P Midcap 40MDY | 0.3% | $1m | 1,425 | +4% |
| AmgenAMGN | 0.2% | $882,114 | 2,436 | Held |
| Home DepotHD | 0.2% | $853,133 | 2,419 | Held |
| Ishares TRIWM | 0.2% | $848,771 | 2,825 | Held |
| Costco WholesaleCOST | 0.2% | $779,247 | 833 | Held |
| MastercardMA | 0.2% | $769,373 | 1,498 | Held |
| WalmartWMT | 0.2% | $706,856 | 6,241 | +5% |
| Flexshares TRQDF | 0.2% | $674,400 | 7,500 | Held |
| Vanguard Index FDSVTI | 0.2% | $654,601 | 1,769 | +19% |
| McDonald'sMCD | 0.2% | $600,629 | 2,222 | Held |
| VisaV | 0.2% | $597,265 | 1,741 | +6% |
| ExxonMobil HoldingsXOM | 0.2% | $579,556 | 4,239 | -11% |
| Coca-ColaKO | 0.1% | $559,789 | 6,888 | Held |
| Vanguard World FDVGT | 0.1% | $507,518 | 5,397 | +73% |
| Union PacificUNP | 0.1% | $474,368 | 1,744 | Held |
| TJX CompaniesTJX | 0.1% | $434,199 | 2,866 | Held |
| PfizerPFE | 0.1% | $429,563 | 17,839 | Held |
| DoverDOV | 0.1% | $392,490 | 1,750 | Held |
| Philip Morris InternationalPM | 0.1% | $379,006 | 2,095 | -2% |
| Ishares TRIVW | 0.1% | $378,207 | 2,750 | -4% |
| Yum! Brands | <0.1% | $346,417 | 2,167 | Held |
| General DynamicsGD | <0.1% | $320,942 | 906 | Held |
| 3MMMM | <0.1% | $316,534 | 1,955 | Held |
| DonaldsonDCI | <0.1% | $296,600 | 3,304 | Held |
| Duke EnergyDUK | <0.1% | $292,673 | 2,312 | Held |
| American Express | <0.1% | $282,777 | 836 | Held |
| OracleORCL | <0.1% | $280,936 | 1,917 | +9% |
| PaychexPAYX | <0.1% | $272,933 | 2,776 | +2% |
| Altria GroupMO | <0.1% | $271,251 | 3,770 | Held |
| Vanguard Index FDSVUG | <0.1% | $258,420 | 3,000 | Held |
| Texas InstrumentsTXN | <0.1% | $254,850 | 855 | New |
| Applied Materials | <0.1% | $248,712 | 344 | New |
| UnitedHealth GroupUNH | <0.1% | $240,234 | 578 | New |
| Advanced Micro Devices | <0.1% | $237,592 | 409 | New |
| NucorNUE | <0.1% | $226,091 | 1,015 | New |
| NetflixNFLX | <0.1% | $224,910 | 3,150 | Held |
| Spdr Series TrustXNTK | <0.1% | $220,823 | 565 | New |
| DeereDE | <0.1% | $220,747 | 348 | -13% |
| Bank of America | <0.1% | $213,789 | 3,752 | New |
| Kimberly-ClarkKMB | <0.1% | $213,274 | 1,943 | New |
| Wells Fargo & CompanyWFC | <0.1% | $209,823 | 2,539 | Held |
| Brookfield Infrastructure PABIP | <0.1% | $205,122 | 5,621 | Held |
| Enterprise Products Partners L.P.EPD | <0.1% | $203,834 | 5,545 | Held |
| Gologiq INC Frestricted Shares | 0.0% | $0 | 17,000 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 10.6% since 30 June 2025.
Where the money is
Industrials22.3%
Technology21.1%
Health care12.8%
Media & telecom11.1%
Everyday goods9.1%
Materials5.0%
Utilities3.2%
Energy3.2%
Financial services1.2%
Retail & consumer1.1%
Other10.0%
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.