Intelligent Financial Strategies reported 47 positions worth $79.33M for the quarter ended Sep 30, 2026, down 1.1% on the prior quarter. It opened 18 new positions, added to 5, trimmed 8 and exited 0. Its largest holding is Berkshire Hathaway Inc at 73.6% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| GOOGL Alphabet Inc. | +118 | – | $40.60K | 0.051% |
| MSFT Microsoft Corp | +69 | +1.8% | $35.39K | 2.47% |
| AMZN Amazon Com Inc | +107 | +10.7% | $26.66K | 0.348% |
| NVDA Nvidia Corp | +113 | – | $25.84K | 0.033% |
| AAPL Apple Inc. | +77 | +0.7% | $25.64K | 4.96% |
| AMD Advanced Micro Devices Inc | +19 | – | $11.62K | 0.015% |
| SCHW Schwab Charles Corp | +84 | – | $8.21K | 0.01% |
| LLY ELI LILLY & Co | +7 | – | $8.10K | 0.01% |
| ASML Asml Holding Nv | +4 | – | $7.25K | <0.01% |
| AVGO Broadcom Inc. | +18 | – | $6.32K | <0.01% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| BRK-B Berkshire Hathaway Inc | -3,188 | -2.6% | $1.59M | 73.57% |
| V Visa Inc. | -225 | -5.1% | $80.85K | 1.9% |
| PHYS Sprott Physical Gold Trust | -1,165 | -76.7% | $36.43K | 0.014% |
| COST Costco Wholesale Corp | -40 | -3.5% | $36.40K | 1.28% |
| MCD Mcdonalds Corp | -18 | -2.6% | $4.16K | 0.196% |
| MA Mastercard Inc | -2 | -0.1% | $1.10K | 2.2% |
| HSY Hershey Co | -3 | -0.2% | $472.82 | 0.334% |
| FAST Fastenal Co | -8 | -0.6% | $396.24 | 0.088% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| GOOGL Alphabet Inc. | +118 | $40.60K | 0.051% |
| NVDA Nvidia Corp | +113 | $25.84K | 0.033% |
| AMD Advanced Micro Devices Inc | +19 | $11.62K | 0.015% |
| SCHW Schwab Charles Corp | +84 | $8.21K | 0.01% |
| LLY ELI LILLY & Co | +7 | $8.10K | 0.01% |
| ASML Asml Holding Nv | +4 | $7.25K | <0.01% |
| AVGO Broadcom Inc. | +18 | $6.32K | <0.01% |
| JPM Jpmorgan Chase & Co | +19 | $6.29K | <0.01% |
| C Citigroup Inc | +48 | $6.22K | <0.01% |
| OKTA Okta, Inc. | +26 | $5.44K | <0.01% |
No positions were closed this quarter.
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | BRK-B Berkshire Hathaway Inc | Financial Services | 117.2K | $58.37M | 73.57% | -3,188 | -2.6% | Reduced | 0.01% |
| 2 | BRK-A Berkshire Hathaway Inc | Financial Services | 7 | $5.23M | 6.59% | 0 | 0.0% | Unchanged | 0% |
| 3 | AAPL Apple Inc. | Technology | 11.8K | $3.94M | 4.96% | +77 | +0.7% | Added | 0% |
| 4 | GOOG Alphabet Inc. | Technology | 9,339 | $3.18M | 4.01% | 0 | 0.0% | Unchanged | 0% |
| 5 | MSFT Microsoft Corp | Technology | 3,820 | $1.96M | 2.47% | +69 | +1.8% | Added | 0% |
| 6 | MA Mastercard Inc | Financial Services | 3,168 | $1.75M | 2.2% | -2 | -0.1% | Reduced | 0% |
| 7 | V Visa Inc. | Financial Services | 4,194 | $1.51M | 1.9% | -225 | -5.1% | Reduced | 0% |
| 8 | COST Costco Wholesale Corp | Consumer Staples | 1,116 | $1.02M | 1.28% | -40 | -3.5% | Reduced | 0% |
| 9 | UNP Union Pacific Corp | Industrials | 1,798 | $489.24K | 0.617% | 0 | 0.0% | Unchanged | 0% |
| 10 | AMZN Amazon Com Inc | Consumer Discretionary | 1,107 | $275.81K | 0.348% | +107 | +10.7% | Added | 0% |
| 11 | HSY Hershey Co | Consumer Staples | 1,682 | $265.10K | 0.334% | -3 | -0.2% | Reduced | 0% |
| 12 | JNJ Johnson & Johnson | Healthcare | 936 | $247.85K | 0.312% | +1 | +0.1% | Added | 0% |
| 13 | AMAT Applied Materials Inc | Technology | 349 | $178.47K | 0.225% | 0 | 0.0% | Unchanged | 0% |
| 14 | MCD Mcdonalds Corp | Consumer Discretionary | 672 | $155.14K | 0.196% | -18 | -2.6% | Reduced | 0% |
| 15 | CMI Cummins Inc | Industrials | 195 | $100.73K | 0.127% | 0 | 0.0% | Unchanged | 0% |
Tip. Select a row to see that position’s full history at Intelligent Financial Strategies.
As of its Q3 2026 13F filing, Intelligent Financial Strategies’s five largest positions were Berkshire Hathaway Inc (BRK-B) at 73.6%, Berkshire Hathaway Inc (BRK-A) at 6.6%, Apple Inc. (AAPL) at 5.0%, Alphabet Inc. (GOOG) at 4.0%, Microsoft Corp (MSFT) at 2.5% of the reported portfolio.
Intelligent Financial Strategies reported a 13F portfolio worth $79.33M across 47 positions for Q3 2026. That is down 1.1% from the previous quarter.
Its largest purchases by value were Alphabet Inc. ($40.60K), Microsoft Corp ($35.39K), Amazon Com Inc ($26.66K). It opened 18 new positions.
Its largest sales by value were Berkshire Hathaway Inc ($1.59M), Visa Inc. ($80.85K), Sprott Physical Gold Trust ($36.43K). It exited 0 positions entirely.
From the Form 13F-HR reports Intelligent Financial Strategies files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.