RBO
ST HELENA, CAfiles as RBO & CO LLC
$628m in 56 US stocks at the end of 30 June 2026. The top 10 are 48.4% of the money. It changed about 6.2% of the portfolio this quarter.
Value
$628m
Stocks
56
Top 10 share
48.4%
Turnover
6.2%
What changed this quarter
New
Bought for the first time this quarter.
- Verisk AnalyticsVRSK1.8% of the fund
Added
Bought more of a stock they already held.
- GracoGGG2.6% of the fund+23%
- ZoetisZTS1.9% of the fund+34%
- Oxford IndustriesOXM1.9% of the fund+33%
- Kimberly-ClarkKMB0.6% of the fund+7%
- Conagra BrandsCAG<0.1% of the fund+83%
Cut
Sold some of their stake.
- AbbVieABBV7.3% of the fund-3%
- Berkshire HathawayBRK-B4.5% of the fund-14%
- CIE Financi-RegCFRHF4.3% of the fund-2%
- JPMorgan ChaseJPM3.7% of the fund-3%
- Wyndham Hotels & ResortsWH3.6% of the fund-2%
- Live Nation EntertainmentLYV3.5% of the fund-5%
- Mondelez InternationalMDLZ3.2% of the fund-3%
- PepsiCoPEP3.2% of the fund-2%
- Keysight TechnologiesKEYS3.1% of the fund-22%
- KenvueKVUE2.9% of the fund-2%
- Westamerica BancorporationWABC2.6% of the fund-2%
- ExxonMobil HoldingsXOM2.4% of the fund-2%
- Walt DisneyDIS2.1% of the fund-3%
- Waste ManagementWM2.0% of the fund-3%
- Cooper CompaniesCOO2.0% of the fund-5%
- AdobeADBE1.8% of the fund-4%
- EquifaxEFX1.7% of the fund-3%
- Brown FormanBF-B1.7% of the fund-4%
- Warner Music GroupWMG1.6% of the fund-13%
- Berkshire Hathaway INC DELBRK-A0.5% of the fund-20%
- DiageoDEO0.3% of the fund-30%
- CaterpillarCAT0.2% of the fund-7%
- NvidiaNVDA0.2% of the fund-13%
- OracleORCL0.1% of the fund-23%
- Dominion EnergyD0.1% of the fund-44%
Sold out
Sold their entire stake.
- Vanguard Scottsdale FDSVGSH-100%
- RTXRTX-100%
Holdings
- CIE Financi-RegCFRHF
- Share
- 4.3%
- Value
- $27m
- Shares
- 117,165
-2%
- Berkshire Hathaway INC DELBRK-A
- Share
- 0.5%
- Value
- $3m
- Shares
- 4
-20%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Johnson & JohnsonJNJ | 8.5% | $54m | 211,363 | Held |
| AbbVieABBV | 7.3% | $46m | 181,275 | -3% |
| Philip Morris InternationalPM | 5.1% | $32m | 178,124 | Held |
| McDonald'sMCD | 4.6% | $29m | 106,265 | Held |
| Berkshire HathawayBRK-B | 4.5% | $28m | 55,961 | -14% |
| CIE Financi-RegCFRHF | 4.3% | $27m | 117,165 | -2% |
| JPMorgan ChaseJPM | 3.7% | $24m | 71,865 | -3% |
| Wyndham Hotels & ResortsWH | 3.6% | $23m | 269,565 | -2% |
| Live Nation EntertainmentLYV | 3.5% | $22m | 121,132 | -5% |
| Mondelez InternationalMDLZ | 3.2% | $20m | 347,280 | -3% |
| PepsiCoPEP | 3.2% | $20m | 146,156 | -2% |
| Keysight TechnologiesKEYS | 3.1% | $20m | 56,027 | -22% |
| Abbott LaboratoriesABT | 3.1% | $19m | 214,573 | Held |
| KenvueKVUE | 2.9% | $18m | 964,551 | -2% |
| Coca-ColaKO | 2.9% | $18m | 221,408 | Held |
| Regency CentersREG | 2.8% | $17m | 217,792 | Held |
| GracoGGG | 2.6% | $16m | 218,016 | +23% |
| Westamerica BancorporationWABC | 2.6% | $16m | 275,551 | -2% |
| ExxonMobil HoldingsXOM | 2.4% | $15m | 112,087 | -2% |
| Walt DisneyDIS | 2.1% | $13m | 137,879 | -3% |
| Waste ManagementWM | 2.0% | $13m | 57,512 | -3% |
| Cooper CompaniesCOO | 2.0% | $12m | 172,125 | -5% |
| ZoetisZTS | 1.9% | $12m | 165,052 | +34% |
| Oxford IndustriesOXM | 1.9% | $12m | 337,715 | +33% |
| Verisk AnalyticsVRSK | 1.8% | $12m | 64,544 | New |
| AdobeADBE | 1.8% | $11m | 54,616 | -4% |
| EquifaxEFX | 1.7% | $11m | 68,872 | -3% |
| Brown FormanBF-B | 1.7% | $11m | 407,498 | -4% |
| Lockheed MartinLMT | 1.7% | $10m | 20,359 | Held |
| Warner Music GroupWMG | 1.6% | $10m | 365,945 | -13% |
| Altria GroupMO | 1.1% | $7m | 98,239 | Held |
| Kimberly-ClarkKMB | 0.6% | $4m | 34,557 | +7% |
| MicrosoftMSFT | 0.6% | $4m | 9,670 | Held |
| AlphabetGOOGL | 0.5% | $3m | 8,458 | Held |
| Berkshire Hathaway INC DELBRK-A | 0.5% | $3m | 4 | -20% |
| DiageoDEO | 0.3% | $2m | 25,301 | -30% |
| VisaV | 0.3% | $2m | 5,187 | Held |
| CaterpillarCAT | 0.2% | $1m | 1,400 | -7% |
| Price T Rowe GroupTROW | 0.2% | $1m | 11,843 | Held |
| NvidiaNVDA | 0.2% | $1m | 6,470 | -13% |
| PfizerPFE | 0.1% | $817,588 | 33,953 | Held |
| AppleAAPL | 0.1% | $772,302 | 2,669 | Held |
| OracleORCL | 0.1% | $741,983 | 5,063 | -23% |
| Dominion EnergyD | 0.1% | $682,900 | 10,000 | -44% |
| Verizon CommunicationsVZ | 0.1% | $628,580 | 14,846 | Held |
| Bank of New York MellonBNY | <0.1% | $578,440 | 4,000 | Held |
| Illinois Tool WorksITW | <0.1% | $567,987 | 2,100 | Held |
| NextEra EnergyNEE | <0.1% | $552,951 | 6,300 | -13% |
| Conagra BrandsCAG | <0.1% | $550,514 | 40,900 | +83% |
| FerrariRACE | <0.1% | $477,957 | 1,289 | Held |
| American TowerAMT | <0.1% | $408,925 | 2,500 | Held |
| Procter & GamblePG | <0.1% | $363,960 | 2,482 | Held |
| Bank of HawaiiBOH | <0.1% | $307,462 | 3,773 | Held |
| Emerson ElectricEMR | <0.1% | $296,464 | 2,071 | Held |
| Union PacificUNP | <0.1% | $284,240 | 1,045 | Held |
| Amazon.comAMZN | <0.1% | $262,651 | 1,102 | -8% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 0.7% since 30 June 2025.
Where the money is
Health care22.9%
Everyday goods21.2%
Financial services11.4%
Industrials10.3%
Retail & consumer10.2%
Media & telecom7.8%
Technology5.9%
Real estate2.8%
Energy2.4%
Utilities0.2%
Other4.8%
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.