Hi-line Capital Management is an investment fund managing more than $238 billion ran by Matthew Roby. There are currently 31 companies in Mr. Roby’s portfolio. The largest investments include Berkshire Hathaway and Jpmorgan Chase Co., together worth $69.7 billion.
As of 24th July 2024, Hi-line Capital Management’s top holding is 40,854 shares of Berkshire Hathaway currently worth over $49 billion and making up 20.6% of the portfolio value.
Relative to the number of outstanding shares of Berkshire Hathaway, Hi-line Capital Management owns less than approximately 0.1% of the company.
In addition, the fund holds 101,945 shares of Jpmorgan Chase Co. worth $20.6 billion.
The third-largest holding is Liberty Global Ltd worth $18.3 billion and the next is Liberty Media worth $14.7 billion, with 661,586 shares owned.
Currently, Hi-line Capital Management's portfolio is worth at least $238 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Hi-line Capital Management office and employees reside in Watertown, South Dakota. According to the last 13-F report filed with the SEC, Matthew Roby serves as the Chief Compliance Officer at Hi-line Capital Management.
In the most recent 13F filing, Hi-line Capital Management revealed that it had opened a new position in
Markel Inc and bought 722 shares worth $1.14 billion.
This means they effectively own approximately 0.1% of the company.
Markel Inc makes up
1.6%
of the fund's Finance sector allocation and has grown its share price by 7.8% in the past year.
The investment fund also strengthened its position in Viasat by buying
21,054 additional shares.
This makes their stake in Viasat total 322,139 shares worth $4.09 billion.
Viasat dropped 51.2% in the past year.
On the other hand, there are companies that Hi-line Capital Management is getting rid of from its portfolio.
Hi-line Capital Management closed its position in Merck Co Inc on 31st July 2024.
It sold the previously owned 80,534 shares for $10.7 billion.
Matthew Roby also disclosed a decreased stake in Berkshire Hathaway by 0.1%.
This leaves the value of the investment at $49 billion and 40,854 shares.
The two most similar investment funds to Hi-line Capital Management are Baker Tilly Wealth Management and Prudent Investors Network, Inc. They manage $238 billion and $238 billion respectively.
Hi-line Capital Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Finance — making up 30.3% of
the total portfolio value.
The fund focuses on investments in the United States as
54.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
39% of the total holdings value.
On the other hand, small-cap stocks make up only 3.2% of the portfolio.
The average market cap of the portfolio companies is close to $62.3 billion.
These positions were updated on July 31st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Berkshire Hathaway Inc. |
13.39%
40,854
|
$49,046,620,000 | 20.60% |
| Jpmorgan Chase Co. |
4.87%
101,945
|
$20,619,396,000 | 8.66% |
| Liberty Global Ltd |
4.57%
1,050,768
|
$18,314,886,000 | 7.69% |
| Liberty Media Corp. |
0.10%
661,586
|
$14,660,746,000 | 6.16% |
| Conocophillips |
4.87%
121,369
|
$13,882,186,000 | 5.83% |
| Phillips 66 |
4.93%
96,917
|
$13,681,773,000 | 5.75% |
| T-Mobile US, Inc. |
4.85%
77,303
|
$13,619,243,000 | 5.72% |
| Brookfield Corp |
4.91%
309,680
|
$12,864,107,000 | 5.40% |
| American Express Co. |
4.96%
48,802
|
$11,300,103,000 | 4.75% |
| Merck Co Inc |
Closed
80,534
|
$10,687,836,000 | |
| Chubb Limited |
4.91%
35,263
|
$9,028,511,000 | 3.79% |
| Lockheed Martin Corp. |
4.86%
15,822
|
$7,390,456,000 | 3.10% |
| Liberty Broadband Corp |
5.00%
152,105
|
$8,310,119,000 | 3.49% |
| Abbvie Inc |
Closed
35,982
|
$6,552,322,000 | |
| Alibaba Group Hldg Ltd |
4.75%
76,173
|
$5,616,801,000 | 2.36% |
| Pnc Finl Svcs Group Inc |
5.00%
35,935
|
$5,587,174,000 | 2.35% |
| Charter Communications Inc N |
4.05%
18,274
|
$5,463,195,000 | 2.29% |
| Occidental Pete Corp |
4.90%
76,490
|
$4,838,772,000 | 2.03% |
| Warner Bros.Discovery Inc |
4.93%
622,356
|
$4,630,329,000 | 1.95% |
| Viasat, Inc. |
6.99%
322,139
|
$4,091,165,000 | 1.72% |
| Sprouts Fmrs Mkt Inc |
Closed
32,702
|
$2,108,625,000 | |
| Equity Comwlth |
No change
97,805
|
$1,897,417,000 | 0.80% |
| Marathon Oil Corporation |
61.02%
58,151
|
$1,667,189,000 | 0.70% |
| Affiliated Managers Group In |
No change
9,990
|
$1,560,738,000 | 0.66% |
| Cable One Inc |
69.85%
4,017
|
$1,422,018,000 | 0.60% |
| Century Cmntys Inc |
Closed
13,007
|
$1,255,176,000 | |
| Ally Finl Inc |
No change
30,801
|
$1,221,876,000 | 0.51% |
| Brookfield Asset Managmt Ltd |
4.65%
31,620
|
$1,203,141,000 | 0.51% |
| Markel Group Inc |
Opened
722
|
$1,137,627,000 | 0.48% |
| Arrow Electrs Inc |
No change
9,206
|
$1,111,717,000 | 0.47% |
| HF Sinclair Corporation |
No change
20,775
|
$1,108,139,000 | 0.47% |
| Molson Coors Beverage Company |
Closed
15,841
|
$1,065,307,000 | |
| Coterra Energy Inc |
Closed
35,074
|
$977,863,000 | |
| Globe Life Inc |
No change
10,386
|
$854,560,000 | 0.36% |
| Glacier Bancorp, Inc. |
No change
19,199
|
$716,507,000 | 0.30% |
| Viatris Inc. |
No change
57,957
|
$616,083,000 | 0.26% |
| Nexstar Media Group Inc |
No change
3,569
|
$592,490,000 | 0.25% |
| Liberty Media Corp. |
Closed
7,467
|
$327,204,000 | |
| No transactions found | |||
| Showing first 500 out of 38 holdings | |||