SEC 13F Intelligence

Managers / Q4 2023 · view latest →

SCHWERIN BOYLE CAPITAL MANAGEMENT INC

CIK 0000937522 · ONE MONARCH PLACE, SUITE 700, SPRINGFIELD, MA, 01144 · 4137840990

Reported Value
$895M
Q4 2023
Positions
52
Filings on Record
30
2019–present window
Filed
Feb 13, 2024
original filing

Summary

Schwerin Boyle Capital Management Inc reported $895M in U.S.-listed holdings across 52 positions for Q4 2023.

Its largest position, BRK/B, represents 14.0% of the portfolio.

Compared with Q3 2023, the fund opened 1 new position and exited 1.

Portfolio Metrics

Turnover
+3.6%
vs prior filed quarter
Top-10 Concentration
+55.2%
share of reported value
Largest Position
+14.0%
Berkshire Hath B
New / Exited
1 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $797MQ4 ’18Q1 ’19: $911MQ2 ’19: $957MQ3 ’19: $970MQ4 ’19: $1.0BQ4 ’19Q1 ’20: $716MQ2 ’20: $795MQ3 ’20: $871MQ4 ’20: $1.1BQ4 ’20Q1 ’21: $1.1BQ2 ’21: $1.2BQ3 ’21: $1.2BQ4 ’21: $1.2BQ4 ’21Q1 ’22: $1.2BQ2 ’22: $980MQ3 ’22: $918MQ4 ’22: $992MQ4 ’22Q1 ’23: $973MQ2 ’23: $1.1BQ3 ’23: $852MQ4 ’23: $895MQ4 ’23Q1 ’24: $1.0BQ2 ’24: $953MQ3 ’24: $955MQ4 ’24: $975MQ4 ’24Q1 ’25: $970MQ2 ’25: $897MQ3 ’25: $915MQ4 ’25: $913MQ4 ’25Q1 ’26: $788Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 89.4%Other: 6.0%ETP: 2.8%Tracking Stk: 1.4%ADR: 0.4%
  • Common Stock · 89.4% · $800M
  • Other · 6.0% · $53M
  • ETP · 2.8% · $25M
  • Tracking Stk · 1.4% · $12M
  • ADR · 0.4% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ICEINTERCONT'L EXCHNEW+61.8K61.8K+$8M$8M
LBRDKLIBERTY BROADBANDSOLD OUT−2.4K0−$216,885$0
MOALTRIA GROUP INCTRIMMED−107.3K125.6K−$5M$5M
MCKMCKESSON CORPTRIMMED−6.3K29.0K−$2M$13M
VLOVALERO ENERGYTRIMMED−14.9K81.0K−$3M$11M
CTSHCOGNIZANT TECHTRIMMED−26.5K152.1K−$611,566$11M
EVTCEVERTEC, INCTRIMMED−36.3K217.6K−$529,787$9M
SCHWAB INTL EQUITY ETFTRIMMED−53.0K353.3K−$740,130$13M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATH Bhistory →COM13.96%$125M350.1K
2METAMETA PLATFORMShistory →COM6.56%$59M165.9K
3AXPAMER EXPRESShistory →COM5.46%$49M260.7K
4ACCENTURE PLCCOM4.87%$44M124.2K
5WFCWELLS FARGOhistory →COM4.86%$43M883.4K
6GOOGALPHABET, INChistory →COM4.53%$41M287.4K
7ITGARTNER INChistory →COM4.09%$37M81.1K
8KMXCARMAX INChistory →COM3.82%$34M445.7K
9AAPLAPPLE INChistory →COM3.71%$33M172.6K
10MAMASTERCARD INChistory →COM3.39%$30M71.1K
11EXMOCEXXON MOBILhistory →COM3.08%$28M275.5K
12JPMJP MORGAN CHASEhistory →COM2.97%$27M156.4K
13SPXCSPX TECH. INC.history →COM2.71%$24M239.8K
14AGCOAGCO CORPhistory →COM2.41%$22M177.4K
15AYIACUITY BRANDShistory →COM2.33%$21M101.6K
16BACVERIZON COMMhistory →COM2.18%$19M517.2K
17SLBSLBhistory →COM1.98%$18M340.6K
18LLOEWS CORPhistory →COM1.96%$18M252.5K
19PFEPFIZER INChistory →COM1.88%$17M584.2K
20GNTXGENTEX CORPhistory →COM1.65%$15M453.0K
21PSXPHILLIPS 66history →COM1.63%$15M109.3K
22MCKMCKESSON CORPhistory →COM1.50%$13M29.0K
23SCHWAB INTL EQUITY ETFCOM1.46%$13M353.3K
24VANGUARD FTSE EMERGING MARKETCOM1.36%$12M296.0K
25CTSHCOGNIZANT TECHhistory →COM1.28%$11M152.1K
26CMCSACOMCAST CORP-Ahistory →COM1.21%$11M247.0K
27VLOVALERO ENERGYhistory →COM1.18%$11M81.0K
28ALLEGION PLCCOM1.09%$10M77.0K
29EVTCEVERTEC, INCCOM1.00%$9M217.6K
30MSFTMICROSOFTCOM0.96%$9M22.8K
31ICEINTERCONT'L EXCHCOM0.89%$8M61.8K
32SPARUSDSHYFT GROUPCOM0.80%$7M582.7K
33FWONKLIBERTY MED FORM 1COM0.77%$7M108.6K
34ABGCENCORA INCCOM0.70%$6M30.5K
35SCHWCHARLES SCHWABCOM0.62%$6M80.1K
36TPLTEXAS PAC LANDCOM0.62%$6M3.5K
37PYPLPAYPAL HOLDINGSCOM0.58%$5M84.9K
38MOALTRIA GROUP INCCOM0.57%$5M125.6K
39AKXANSYS INCCOM0.48%$4M11.9K
40LIBERTY SIRIUS-ACOM0.46%$4M143.4K
41BUDANHEUSER BUSCH ADRCOM0.45%$4M61.9K
42SMSM ENERGY COCOM0.41%$4M95.0K
43DISWALT DISNEY CO.COM0.41%$4M40.1K
448LP1VITAL ENERGY INCCOM0.34%$3M66.0K
45CPE*CALLON PETROL'MCOM0.31%$3M85.0K
46LLYVA*LIBERTY LIVE ACOM0.15%$1M35.8K
47BRK/ABERKSHIRE HATH ACOM0.12%$1M2
48EXPDEXPEDITERS INTERNATIONAL WASHCOM0.10%$906,1737.1K
49ORCLORACLE CORPCOM0.08%$751,0837.1K
50WABWABTEC CORPCOM0.05%$486,4083.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$788M47May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$913M46Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$915M47Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$897M51Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$970M53May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$975M53Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$955M53Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$953M51Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.0B52May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$895M52Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$852M52Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.1B47Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$973M44May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$992M46Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$918M47Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$980M48Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.2B48May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.2B48Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.2B48Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.2B47Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.1B47May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.1B50Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$871M45Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$795M44Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$716M48May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.0B48Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$970M53Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$957M54Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$911M55May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$797M58Feb 12, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.