SEC 13F Intelligence

Managers / Q4 2024 · view latest →

Centerstone Investors, LLC

CIK 0001766788 · 228 PARK AVENUE S., SUITE 75938, NEW YORK, NY, 10003 · 212-503-5789

Reported Value
$107M
Q4 2024
Positions
28
Filings on Record
31
2019–present window
Filed
Feb 19, 2025
amendment (RESTATEMENT)

Summary

Centerstone Investors, LLC reported $107M in U.S.-listed holdings across 28 positions for Q4 2024.

Its largest position, TRP, represents 12.9% of the portfolio.

Compared with Q3 2024, the fund opened 2 new positions and exited 0.

Portfolio Metrics

Turnover
+4.4%
vs prior filed quarter
Top-10 Concentration
+67.1%
share of reported value
Largest Position
+12.9%
Tc Energy

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Q1 ’19: $140MQ1 ’19Q2 ’19: $160MQ3 ’19: $146MQ4 ’19: $140MQ1 ’20: $110MQ1 ’20Q2 ’20: $103MQ3 ’20: $98MQ4 ’20: $104MQ1 ’21: $101MQ1 ’21Q2 ’21: $95MQ3 ’21: $104MQ4 ’21: $114MQ1 ’22: $96MQ1 ’22Q2 ’22: $87MQ3 ’22: $61MQ4 ’22: $68MQ1 ’23: $85MQ1 ’23Q2 ’23: $100MQ3 ’23: $98MQ4 ’23: $98MQ1 ’24: $129MQ1 ’24Q2 ’24: $120MQ3 ’24: $103MQ4 ’24: $107MQ1 ’25: $42MQ1 ’25Q2 ’25: $24MQ3 ’25: $28MQ4 ’25: $32Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 68.6%ETP: 20.1%ADR: 11.2%
  • Common Stock · 68.6% · $73M
  • ETP · 20.1% · $22M
  • ADR · 11.2% · $12M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AGGISHARES TRNEW+51.0K51.0K+$5M$5M
SOBOSOUTH BOW CORPNEW+60.4K60.4K+$1M$1M
GWWGRAINGER W W INCTRIMMED−1.6K2.9K+$14,441$3M
MHKMOHAWK INDS INCTRIMMED−6914.9K−$314,666$583,856
TRPTC ENERGY CORPTRIMMED−32.8K295.6K−$771,816$14M
WMTWALMART INCHELD−36915.5K+$119,262$1M
SMGSCOTTS MIRACLE-GRO COHELD−29418.6K−$405,001$1M
CSLCARLISLE COS INCHELD−715.7K−$490,288$2M

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

Holdings — Q4 2024

28 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TRPTC ENERGY CORPhistory →COM12.90%$14M295.6K
2GLDSPDR GOLD TRhistory →GOLD SHS10.71%$11M47.3K
3RYAAYRYANAIR HOLDINGS PLChistory →SPONSORED ADR10.11%$11M319.5K
4FNVFRANCO NEV CORPhistory →COM5.56%$6M50.5K
5ICLICL GROUP LTDhistory →SHS5.39%$6M1.16M
6ORLYOREILLY AUTOMOTIVE INChistory →COM4.97%$5M4.5K
7URTHISHARES INChistory →MSCI WORLD ETF4.80%$5M33.0K
8AGGISHARES TRhistory →CORE US AGGBD ET4.63%$5M51.0K
9HSICHENRY SCHEIN INChistory →COM4.59%$5M70.8K
10CVXCHEVRON CORP NEWhistory →COM3.47%$4M25.6K
11CPAYCORPAY INChistory →COM SHS3.36%$4M10.6K
12GWWGRAINGER W W INChistory →COM2.86%$3M2.9K
13DISDISNEY WALT COhistory →COM2.54%$3M24.4K
14ROSTROSS STORES INChistory →COM2.54%$3M17.9K
15EMREMERSON ELEC COhistory →COM2.24%$2M19.3K
16MCDMCDONALDS CORPhistory →COM2.22%$2M8.2K
17SCCOSOUTHERN COPPER CORPhistory →COM2.00%$2M23.4K
18CSLCARLISLE COS INChistory →COM1.96%$2M5.7K
19DGDOLLAR GEN CORP NEWhistory →COM1.88%$2M26.5K
20KMXCARMAX INChistory →COM1.64%$2M21.4K
21NVSTENVISTA HOLDINGS CORPORATIONhistory →COM1.43%$2M79.1K
22BCBRUNSWICK CORPhistory →COM1.42%$2M23.4K
23SOBOSOUTH BOW CORPhistory →COM1.33%$1M60.4K
24METAMETA PLATFORMS INChistory →CL A1.32%$1M2.4K
25WMTWALMART INChistory →COM1.31%$1M15.5K
26SMGSCOTTS MIRACLE-GRO COhistory →CL A1.16%$1M18.6K
27BIDUBAIDU INChistory →SPON ADR REP A1.14%$1M14.4K
28MHKMOHAWK INDS INCCOM0.55%$583,8564.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2025$32M22Jan 30, 202613F-HRchanges · EDGAR ↗
Q3 2025$28M21Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$24M22Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$42M22May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$107M28Feb 19, 2025RESTATEMENTchanges · EDGAR ↗
Q3 2024$103M26Nov 25, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2024$120M29Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$129M30May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$98M24Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$98M25Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$100M24Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$85M24May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$68M26Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$61M22Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$87M22Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$96M19May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$114M22Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$104M22Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$95M21Nov 15, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$101M20May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$104M22Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$98M22Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$103M25Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$110M26May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$140M24Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$146M26Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$160M29Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$140M29May 14, 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 ↗.