Elgethun Capital Management

Registered adviser

CIK

1638022

Location

SIOUX FALLS, SD

Portfolio Value

Small $710,936,623

Diversification

Diversified

Filing Date

Global Rank

#3,130 / 8,823 ▲ 163

Top Industry

Drug Manufacturers - General 15.0%

Period ended 4 months ago

Filed Jul 29, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 127616

Roster of Nov 1, 2026

Regulatory AUM

$1,139,926,422

Main clients

Individuals and high net worth (90% of AUM)

Private funds

2 funds · Other private funds

Focus by gross assets, Schedule D of Nov 26, 2024

$86,000,214 gross assets

Private funds on Schedule D 7.B.(1)

As filed Nov 26, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$30,650,783 gross assets in 2 funds Other private funds $24,850,000 (1) Hedge funds $5,800,783 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$1,139,926,422	Individuals and high net worth (90%)
Apr 2025 to Mar 2026	$884,530,390	Individuals and high net worth (95%)
Apr 2024 to Mar 2025	$786,613,953	Individuals and high net worth (96%)
May 2023 to Mar 2024	$695,335,442	Individuals and high net worth (95%)
Apr 2023	$695,335,442	Individuals and high net worth (95%)
Apr 2022 to Mar 2023	$532,447,906	Individuals and high net worth (93%)

3 earlier changes not shown.

Schedule 13D/13G stakes

Stakes of 5% or more disclosed on Schedule 13D or 13G, each on the filer's latest filing for the security. These are event-dated stakes, not the quarter-end 13F portfolio below.

Company	Schedule	Event date	Filed	Shares	% of class	Change	Status
CWGL Crimson Wine Group, Ltd	13G/A	Dec 31, 2025	9mo	1,657,948	8%	+188,584 since Dec 31, 2024	Current

A 13D or 13G stays in force until its filer amends it and no amendment is due without a material change, so a stake with no filing in 24 months reads unconfirmed, never sold. An amendment reporting under 5% ends the filer's duty to amend, not necessarily the holding. Shares are restated onto today's split basis.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 58.7%, 19.0 effective positions, active share 78.0% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

5.8% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 20.2 quarters (12+), a floor since 54.7% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 78.0%; sector active share 36.7% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

172 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

10.9%

−0.9 pts

Top 5

46.7%

+1.3 pts

Top 10

58.7%

−0.9 pts

HHI

527

Diversified+13

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	27.6%	$196,561,845	23
Unclassified	27.2%	$193,375,831	43
Healthcare	11.7%	$82,879,381	9
Consumer Cyclical	9.6%	$68,150,350	20
Communication Services	6.2%	$43,758,595	6
Industrials	4.6%	$32,612,974	19
Energy	4.6%	$32,612,164	8
Technology	4.2%	$29,777,419	19
Consumer Defensive	4.0%	$28,124,581	15
Basic Materials	0.2%	$1,582,994	6
Utilities	0.2%	$1,392,370	3
Real Estate	0.0%	$108,119	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
VTS	Vitesse Energy, Inc.	+898,450	938,964	$14,807,462
LBTYK	Liberty Global Ltd.	+384,759	1,242,756	$13,670,316
ACI	Albertsons Companies, Inc.	+357,478	571,094	$7,726,901
DFH	Dream Finders Homes, Inc.	+314,028	819,406	$14,142,947
CWGL	Crimson Wine Group, Ltd	+195,605	1,956,931	$8,649,635
TBBK	Bancorp, Inc.	+53,948	278,839	$17,466,474
SCHF	Schwab International Equity ETF	+39,238	719,235	$19,922,809
FNDE	Schwab Fundamental Emerging Markets Equity ETF	+16,295	556,068	$22,064,778
EFV	iShares MSCI EAFE Value ETF	+15,288	472,684	$36,183,960
KMX	Carmax Inc	+10,717	30,552	$1,615,895
VUG	VANGUARD GROWTH INDEX FUND	+9,265	11,118	$957,704
LLY	ELI LILLY & Co	+9,231	60,510	$72,577,515
AMLP	Alerian MLP ETF	+7,310	196,637	$10,195,628
IEMG	iShares Trust	+7,148	368,546	$30,530,350
CASH	Pathward Financial, Inc.	+6,777	210,540	$18,329,612
FWONA	Liberty Media Corp	+5,887	155,327	$13,597,325
UPS	United Parcel Service Inc	+5,826	14,677	$1,577,777
BATRK	Atlanta Braves Holdings, Inc.	+5,488	169,818	$8,813,554
SCHW	Schwab Charles Corp	+5,448	161,024	$14,857,684
AAP	Advance Auto Parts Inc	+5,277	177,210	$11,026,006
RSP	Victory Portfolios II	+4,628	35,680	$7,591,633
BOC	BOSTON OMAHA Corp	+3,955	1,461,947	$19,940,957
VO	VANGUARD MID-CAP INDEX FUND	+3,843	5,124	$412,840
OXY	Occidental Petroleum Corp	+3,783	151,399	$7,353,449
BRK-B	Berkshire Hathaway Inc	+3,707	135,910	$68,008,004
No positions match the current search.

Trimmed

Positions the filer reduced

23 positions

Ticker	Company	Δ Shares	Shares	Value
C	Citigroup Inc	−84,881	82,225	$11,508,211
STLA	Stellantis N.V.	−31,380	264,437	$1,517,868
SCHB	Schwab U.S. Broad Market ETF	−4,037	562,608	$16,293,127
BWB	Bridgewater Bancshares Inc	−1,925	77,304	$1,626,476
INTC	Intel Corp	−1,229	3,839	$536,039
MDU	Mdu Resources Group Inc	−958	10,016	$212,439
—		−494	17,632	$1,016,837
SCHX	Schwab U.S. Large-Cap ETF	−415	77,853	$2,291,213
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	−269	27,584	$1,646,488
KNF	Knife River Corp	−250	2,087	$174,577
SCHA	Schwab U.S. Small-Cap ETF	−215	6,105	$220,573
MRK	Merck & Co., Inc.	−182	14,495	$1,862,607
GLD	Spdr Gold Trust	−152	605	$222,869
IVLU	iShares MSCI Intl Value Factor ETF	−150	5,820	$243,392
SPY	Spdr S&P 500 ETF Trust	−100	624	$465,984
ECG	Everus Construction Group, Inc.	−100	2,582	$428,482
SHEL	Shell plc	−89	2,272	$176,170
AXP	American Express Co	−61	16,815	$5,687,673
IVV	iShares Core S&P 500 ETF	−40	1,304	$976,552
BP	Bp PLC	−40	11,744	$433,940
VTV	VANGUARD VALUE INDEX FUND	−29	5,087	$1,108,609
FNDF	Schwab Fundamental International Equity ETF	−10	6,720	$354,547
MKL	Markel Group Inc.	−3	235	$458,957
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
LULU	lululemon athletica inc.	86,396	$9,864,695
SPCX	Space Exploration Technologies Corp	6,916	$1,181,667
ARCC	Ares Capital Corp	62,740	$1,162,572
PANW	Palo Alto Networks Inc	1,059	$361,140
ASML	Asml Holding NV	172	$342,183
FAST	Fastenal Co	4,938	$237,172
FCX	Freeport-Mcmoran Inc	3,614	$227,284
DFAC	Dimensional U.S. Core Equity 2 ETF	5,113	$226,812
GDX	VanEck Gold Miners ETF	2,953	$222,803
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
HON	Honeywell International Inc	1,752	$396,004
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

172 tracked positions · $710,936,623 total · filing declares 174 positions · $717,827,450 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 172 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
LLY	ELI LILLY & Co Healthcare	Added	60,510	+9,231	$72,577,515	+53.9%	26+	before history	10.21%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	135,910	+3,707	$68,008,004	+7.3%	26+	before history	9.57%
FRFHF	Fairfax Financial Holdings Ltd Financial Services	Added	25,417	+597	$41,856,972	−0.9%	14	$739.06	5.89%
EFV	iShares MSCI EAFE Value ETF	Added	472,684	+15,288	$36,183,960	+6.4%	15	unpriced	5.09%
IEMG	iShares Trust	Added	368,546	+7,148	$30,530,350	—	15	unpriced	4.29%
FNDE	Schwab Fundamental Emerging Markets Equity ETF	Added	556,068	+16,295	$22,064,778	+6.8%	26+	before history	3.10%
BOC	BOSTON OMAHA Corp Industrials	Added	1,461,947	+3,955	$19,940,957	+17.1%	26+	before history	2.80%
SCHF	Schwab International Equity ETF	Added	719,235	+39,238	$19,922,809	+18.4%	26+	before history	2.80%
CASH	Pathward Financial, Inc. Financial Services	Added	210,540	+6,777	$18,329,612	+0.8%	26+	before history	2.58%
TBBK	Bancorp, Inc. Financial Services	Added	278,839	+53,948	$17,466,474	+44.5%	26+	before history	2.46%
SCHB	Schwab U.S. Broad Market ETF	Reduced	562,608	-4,037	$16,293,127	+14.6%	26+	before history	2.29%
SCHW	Schwab Charles Corp Financial Services	Added	161,024	+5,448	$14,857,684	+1.6%	26+	before history	2.09%
VTS	Vitesse Energy, Inc. Energy	Added	938,964	+898,450	$14,807,462	+1912.6%	13	$17.82	2.08%
DFH	Dream Finders Homes, Inc. Consumer Cyclical	Added	819,406	+314,028	$14,142,947	+101.0%	19	$19.01	1.99%
LBTYK	Liberty Global Ltd. Communication Services	Added	1,242,756	+384,759	$13,670,316	+35.8%	11	unpriced	1.92%
FWONA	Liberty Media Corp Communication Services	Added	155,327	+5,887	$13,597,325	+16.5%	22	unpriced	1.91%
DRVN	Driven Brands Holdings Inc. Consumer Cyclical	Added	944,046	+1,764	$13,160,001	+10.8%	4	$15.91	1.85%
C	Citigroup Inc Financial Services	Reduced	82,225	-84,881	$11,508,211	−39.3%	26+	before history	1.62%
AAP	Advance Auto Parts Inc Consumer Cyclical	Added	177,210	+5,277	$11,026,006	+21.6%	5	$40.89	1.55%
AMLP	Alerian MLP ETF	Added	196,637	+7,310	$10,195,628	+2.3%	26+	before history	1.43%
MSFT	Microsoft Corp Technology	Added	27,304	+564	$10,184,938	+2.9%	26+	before history	1.43%
LULU	lululemon athletica inc. Consumer Cyclical	NEW	86,396	NEW	$9,864,695	NEW	1	$133.58	1.39%
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	Added	39,970	+2,538	$9,712,310	+19.4%	25	unpriced	1.37%
VDE	VANGUARD ENERGY INDEX FUND	Added	61,997	+2,628	$9,307,609	−9.4%	26+	before history	1.31%
BATRK	Atlanta Braves Holdings, Inc. Communication Services	Added	169,818	+5,488	$8,813,554	+25.6%	12	$38.90	1.24%
CWGL	Crimson Wine Group, Ltd Consumer Defensive	Added	1,956,931	+195,605	$8,649,635	+11.4%	26+	before history	1.22%
ACI	Albertsons Companies, Inc. Consumer Defensive	Added	571,094	+357,478	$7,726,901	+112.3%	14	$17.63	1.09%
RSP	Victory Portfolios II	Added	35,680	+4,628	$7,591,633	+27.4%	8	$182.54	1.07%
OXY	Occidental Petroleum Corp Energy	Added	151,399	+3,783	$7,353,449	−23.4%	5	$42.36	1.03%
EPD	Enterprise Products Partners L.P. Energy	Added	188,277	+1,186	$6,921,062	−2.2%	23	$26.17	0.97%
NVDA	Nvidia Corp Technology	Added	28,875	+2,139	$5,777,598	+23.9%	25	$162.13	0.81%
AXP	American Express Co Financial Services	Reduced	16,815	-61	$5,687,673	+11.4%	26+	before history	0.80%
AMZN	Amazon Com Inc Consumer Cyclical	Added	22,865	+799	$5,449,644	+18.6%	26+	before history	0.77%
NVR	Nvr Inc Consumer Cyclical	Added	723	+63	$4,926,088	+13.3%	26+	before history	0.69%
AAPL	Apple Inc. Technology	Added	16,182	+1,204	$4,682,423	+23.2%	26+	before history	0.66%
BRK-A	Berkshire Hathaway Inc Financial Services	Held	6	0	$4,493,100	+4.3%	7	$732,408.40	0.63%
KR	Kroger Co Consumer Defensive	Added	79,827	+1,425	$4,432,793	−21.9%	21	$40.46	0.62%
UNH	Unitedhealth Group Inc Healthcare	Added	10,457	+85	$4,346,242	+54.9%	26+	before history	0.61%
IWR	iShares Russell Mid-Cap ETF	Held	35,515	0	$3,918,014	+13.5%	26+	before history	0.55%
GOOGL	Alphabet Inc. Communication Services	Added	10,203	+464	$3,646,246	+30.2%	26+	before history	0.51%
GOOG	Alphabet Inc. Communication Services	Added	10,148	+265	$3,585,592	+26.5%	26+	before history	0.50%
SCHG	Schwab U.S. Large-Cap Growth ETF	Held	104,946	0	$3,551,372	+16.2%	4	$30.48	0.50%
BTT	BlackRock Municipal 2030 Target Term Trust Financial Services	Added	137,301	+132	$3,123,597	+0.3%	8	$21.29	0.44%
SCHV	Schwab U.S. Large-Cap Value ETF	Added	80,853	+1,112	$2,814,492	+15.7%	23	unpriced	0.40%
WMT	Walmart Inc. Consumer Defensive	Added	24,330	+371	$2,755,615	−7.5%	26+	before history	0.39%
SCHX	Schwab U.S. Large-Cap ETF	Reduced	77,853	-415	$2,291,213	+14.2%	26+	before history	0.32%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Added	5,294	+24	$1,958,991	+15.9%	7	unpriced	0.28%
MRK	Merck & Co., Inc. Healthcare	Reduced	14,495	-182	$1,862,607	+5.5%	26+	before history	0.26%
JPM	Jpmorgan Chase & Co Financial Services	Added	5,565	+220	$1,821,591	+15.9%	26+	before history	0.26%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	3,732	+15	$1,782,291	+41.9%	15	$82.06	0.25%

Showing the top 50 of 172 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.