Tom Gayner’s Q4 2025 portfolio reflects a masterclass in long-term capital allocation, with total holdings valued at $12.54B across 128 positions. Berkshire Hathaway remains the cornerstone at 12.84%, followed by a significant 8.31% stake in Alphabet. The portfolio is well-diversified into industrial and financial giants like Brookfield (4.78%), Amazon (3.74%), and Deere & Company (3.26%). This strategy emphasizes high-conviction "compounding engines" that balance steady growth with tech dominance.
that's true, but ppl sometimes have reasons to focus on one stock, for example, if they need the voting rights to influence the company, if they have insider info, or take a managing position at the company to show they're comitted to it.