SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Centerstone Investors, LLC

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

Reported Value
$28M
Q3 2025
Positions
21
Filings on Record
31
2019–present window
Filed
Nov 14, 2025
original filing

Summary

Centerstone Investors, LLC reported $28M in U.S.-listed holdings across 21 positions for Q3 2025.

The portfolio is heavily concentrated: GLD alone accounts for 26.0% of reported value.

Compared with Q2 2025, the fund opened 0 new positions and exited 1.

Portfolio Metrics

Turnover
+11.5%
vs prior filed quarter
Top-10 Concentration
+75.2%
share of reported value
Largest Position
+26.0%
Spdr Gold Tr

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: 50.3%ETP: 48.1%ADR: 1.6%
  • Common Stock · 50.3% · $14M
  • ETP · 48.1% · $14M
  • ADR · 1.6% · $450,785

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ACWIISHARES TRADDED+21.0K37.0K+$3M$5M
FXYINVESCO CURRENCYSHARES JAPANSOLD OUT−15.7K0−$1M$0
FNVFRANCO NEV CORPTRIMMED−4.2K6.6K−$298,645$1M
GLDSPDR GOLD TRADDED+5.0K20.5K+$3M$7M
DGDOLLAR GEN CORP NEWTRIMMED−2.3K9.1K−$359,647$938,108
DISDISNEY WALT COTRIMMED−2.0K7.9K−$318,914$901,344
EMREMERSON ELEC COTRIMMED−2.1K8.4K−$299,042$1M
CVXCHEVRON CORP NEWTRIMMED−1.5K6.1K−$145,597$954,102

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

Holdings — Q3 2025

21 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GLDSPDR GOLD TRhistory →GOLD SHS25.96%$7M20.5K
2ACWIISHARES TRhistory →MSCI ACWI ETF18.22%$5M37.0K
3FNVFRANCO NEV CORPhistory →COM5.25%$1M6.6K
4TSLATESLA INChistory →COM4.75%$1M3.0K
5SPYSPDR S&P 500 ETF TRhistory →TR UNIT3.96%$1M1.7K
6EMREMERSON ELEC COhistory →COM3.94%$1M8.4K
7CVXCHEVRON CORP NEWhistory →COM3.40%$954,1026.1K
8DGDOLLAR GEN CORP NEWhistory →COM3.34%$938,1089.1K
9DISDISNEY WALT COhistory →COM3.21%$901,3447.9K
10ORLYOREILLY AUTOMOTIVE INChistory →COM3.21%$900,7538.4K
11CSLCARLISLE COS INChistory →COM3.09%$865,8232.6K
12SCCOSOUTHERN COPPER CORPhistory →COM3.00%$842,1176.9K
13ROSTROSS STORES INChistory →COM2.80%$785,4185.2K
14HSICHENRY SCHEIN INChistory →COM2.34%$657,9929.9K
15MCDMCDONALDS CORPhistory →COM2.32%$650,9322.1K
16GWWGRAINGER W W INChistory →COM2.27%$637,530669
17NVSTENVISTA HOLDINGS CORPORATIONhistory →COM2.21%$619,18730.4K
18CPAYCORPAY INChistory →COM SHS2.20%$618,4652.1K
19BIDUBAIDU INChistory →SPON ADR REP A1.61%$450,7853.4K
20SMGSCOTTS MIRACLE-GRO COhistory →CL A1.49%$418,9817.4K
21KMXCARMAX INChistory →COM1.43%$400,2408.9K

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 ↗.