Managers / Q4 2018 · view latest →
Lourd Capital, LLC
CIK 0001568190 · 9777 WILSHIRE BLVD, SUITE 1018, BEVERLY HILLS, CA, 90212 · 310-300-9897
Summary
Lourd Capital, LLC reported $1.3B in U.S.-listed holdings across 307 positions for Q4 2018.
The portfolio is heavily concentrated: BRK/A alone accounts for 51.3% of reported value.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 87.7% · $1.1B
- ETP · 10.0% · $129M
- ADR · 1.0% · $13M
- Other · 0.7% · $9M
- REIT · 0.5% · $7M
- Other · 0.1% · $1M
Quarter-over-Quarter Changes full breakdown →
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| BRK/ABERKSHIRE HATHAWAY INC DEL | NEW | +2.2K | 2.2K | +$663M | $663M |
| BRK/BBERKSHIRE HATHAWAY INC DEL | NEW | +498.7K | 498.7K | +$102M | $102M |
| BACBANK AMER CORP | NEW | +3.53M | 3.53M | +$87M | $87M |
| WFCWELLS FARGO CO NEW | NEW | +1.64M | 1.64M | +$75M | $75M |
| VANGUARD INDEX FDS | NEW | +464.1K | 464.1K | +$53M | $53M |
| VANGUARD INDEX FDS | NEW | +512.3K | 512.3K | +$38M | $38M |
| COSTCOSTCO WHSL CORP NEW | NEW | +121.3K | 121.3K | +$25M | $25M |
| EXMOCEXXON MOBIL CORP | NEW | +252.6K | 252.6K | +$17M | $17M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2018
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | BRK/ABERKSHIRE HATHAWAY INC DEL | CL A · CL B NEW | 59.18% | $765M | 500.9K |
| 2 | VANGUARD INDEX FDS | SM CP VAL ETF · REAL ESTATE ETF · EXTEND MKT ETF · TOTAL STK MKT | 7.39% | $96M | 1.02M |
| 3 | BACBANK AMER CORPhistory → | COM | 6.73% | $87M | 3.53M |
| 4 | WFCWELLS FARGO CO NEWhistory → | COM | 5.83% | $75M | 1.64M |
| 5 | COSTCOSTCO WHSL CORP NEWhistory → | COM | 1.91% | $25M | 121.3K |
| 6 | EXMOCEXXON MOBIL CORPhistory → | COM | 1.33% | $17M | 252.6K |
| 7 | AAPLAPPLE INChistory → | COM | 0.84% | $11M | 68.8K |
| 8 | CHVCHEVRON CORP NEW | COM | 0.76% | $10M | 90.7K |
| 9 | DJCODAILY JOURNAL CORP | COM | 0.75% | $10M | 41.3K |
| 10 | ACWIISHARES TR | RUSSELL 2000 ETF · INTRM GOV CR ETF · MSCI ACWI ETF · TIPS BD ETF · CORE S&P500 ETF | 0.62% | $8M | 74.8K |
| 11 | VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF · TT WRLD ST ETF | 0.62% | $8M | 99.2K |
| 12 | AFLAFLAC INC | COM | 0.54% | $7M | 151.9K |
| 13 | USBUS BANCORP DEL | COM NEW | 0.51% | $7M | 143.7K |
| 14 | IBMINTERNATIONAL BUSINESS MACHS | COM | 0.41% | $5M | 46.9K |
| 15 | PGPROCTER AND GAMBLE CO | COM | 0.29% | $4M | 41.1K |
| 16 | MDYSPDR S&P MIDCAP 400 ETF TR | UTSER1 S&PDCRP | 0.28% | $4M | 12.2K |
| 17 | AXPAMERICAN EXPRESS CO | COM | 0.28% | $4M | 37.9K |
| 18 | AMZNAMAZON COM INC | COM | 0.26% | $3M | 2.2K |
| 19 | MSFTMICROSOFT CORP | COM | 0.25% | $3M | 31.9K |
| 20 | IACIEURIAC INTERACTIVECORP | COM | 0.24% | $3M | 17.2K |
| 21 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 0.22% | $3M | 2.8K |
| 22 | PFEPFIZER INC | COM | 0.22% | $3M | 65.0K |
| 23 | JPMJPMORGAN CHASE & CO | COM | 0.22% | $3M | 29.0K |
| 24 | JNJJOHNSON & JOHNSON | COM | 0.21% | $3M | 21.5K |
| 25 | VANGUARD WHITEHALL FDS INC | HIGH DIV YLD | 0.19% | $3M | 32.3K |
| 26 | BACVERIZON COMMUNICATIONS INC | COM | 0.15% | $2M | 35.3K |
| 27 | JWNUSDNORDSTROM INC | COM | 0.15% | $2M | 41.1K |
| 28 | RDS/AUSDROYAL DUTCH SHELL PLC | SPONS ADR A | 0.14% | $2M | 31.4K |
| 29 | BMYBRISTOL MYERS SQUIBB CO | COM | 0.13% | $2M | 33.1K |
| 30 | SPOTIFY TECHNOLOGY S A | SHS | 0.13% | $2M | 15.0K |
| 31 | LLOEWS CORP | COM | 0.12% | $2M | 35.5K |
| 32 | 9990302DAPACHE CORP | COM | 0.12% | $2M | 59.0K |
| 33 | 4I1PHILIP MORRIS INTL INC | COM | 0.12% | $2M | 23.2K |
| 34 | JP MORGAN EXCHANGE TRADED FD | BETBULD MSCI | 0.12% | $2M | 21.4K |
| 35 | KOCOCA COLA CO | COM | 0.12% | $2M | 32.0K |
| 36 | MCDMCDONALDS CORP | COM | 0.11% | $1M | 7.9K |
| 37 | DISDISNEY WALT CO | COM DISNEY | 0.11% | $1M | 12.6K |
| 38 | NVSNNOVARTIS A G | SPONSORED ADR | 0.10% | $1M | 15.4K |
| 39 | CRCCANADIAN NAT RES LTD | COM | 0.10% | $1M | 52.4K |
| 40 | MAMASTERCARD INCORPORATED | CL A | 0.09% | $1M | 6.5K |
Filing History
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 ↗.