Hi-Line Capital Management, LLC

CIK

1776074

Location

WATERTOWN, SD

Portfolio Value

Micro $34,782,383

Diversification

Diversified

Filing Date

Global Rank

#4,395 / 8,586 ▲ 163

Top Industry

Entertainment 10.9%

3Y Alpha vs SPY

-3.5%

Period ended 3 months ago

Filed Apr 27, 2026 · 50d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+62.9%

SPY

+78.1%

Annualised alpha

-3.5%

Max drawdown

−16.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

23 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

8.9%

−0.6 pts

Top 5

34.4%

+1.4 pts

Top 10

58.4%

+1.2 pts

HHI

511

Diversified+24

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	30.7%	$56,334,548	6
Basic Materials	19.0%	$34,782,383	4
Industrials	14.9%	$27,362,281	4
Communication Services	11.1%	$20,340,909	3
Consumer Cyclical	9.4%	$17,250,684	3
Energy	6.1%	$11,167,792	1
Healthcare	4.5%	$8,254,045	1
Technology	4.4%	$8,048,621	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

8 positions

Ticker	Company	Δ Shares	Shares	Value
NE	Noble Corp plc	+131,349	227,589	$11,167,792
SIRI	Sirius Xm Holdings Inc.	+115,630	667,677	$15,409,985
MHK	Mohawk Industries Inc	+24,357	64,159	$6,317,095
AER	AerCap Holdings N.V.	+22,588	66,793	$9,162,663
EXP	Eagle Materials Inc	+19,604	52,332	$9,914,297
CI	Cigna Group	+11,493	30,943	$8,254,045
ADBE	Adobe Inc.	+10,885	33,111	$8,048,621
DAC	Danaos Corp	+69	60,248	$6,786,334
No positions match the current search.

Trimmed

Positions the filer reduced

10 positions

Ticker	Company	Δ Shares	Shares	Value
MKL	Markel Group Inc.	−357	3,607	$6,904,050
UPS	United Parcel Service Inc	−195	66,687	$6,560,667
BRK-B	Berkshire Hathaway Inc	−153	33,971	$16,278,903
CRH	Crh Public Ltd Co	−138	76,756	$8,068,590
HCC	Warrior Met Coal, Inc.	−96	79,089	$7,367,140
PCAR	Paccar Inc	−59	42,014	$4,852,617
CHTR	Charter Communications, Inc. /Mo/	−59	1,369	$295,539
JPM	Jpmorgan Chase & Co	−57	30,641	$9,013,356
CB	Chubb Ltd	−46	31,988	$10,425,848
AXP	American Express Co	−45	20,920	$6,327,881
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
CF	CF Industries Holdings, Inc.	72,646	$9,432,356
BRO	Brown & Brown, Inc.	113,242	$7,384,510
AMCR	Amcor plc	172,208	$6,845,268
VSNT	Versant Media Group, Inc.	125,213	$4,635,385
GRBK	Green Brick Partners, Inc.	63,434	$4,088,321
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
LBTYA	Liberty Global Ltd.	1,035,340	$11,533,687
COP	Conocophillips	106,600	$9,978,826
CMCSA	Comcast Corp	261,485	$7,325,005
VSAT	Viasat Inc	211,050	$7,272,783
LMT	Lockheed Martin Corp	14,080	$6,810,073
ADM	Archer-Daniels-Midland Co	50,646	$2,911,638
CNH	CNH Industrial N.V.	248,611	$2,292,193
DINO	HF Sinclair Corp	10,587	$487,848
ARW	Arrow Electronics, Inc.	3,722	$410,089
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

4 positions · $34,782,383 total · Basic Materials only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Energy Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
EXP	Eagle Materials Inc Basic Materials	Added	52,332	+19,604	$9,914,297	+46.6%	28.50%
CF	CF Industries Holdings, Inc. Basic Materials	NEW	72,646	NEW	$9,432,356	NEW	27.12%
CRH	Crh Public Ltd Co Basic Materials	Reduced	76,756	-138	$8,068,590	−15.9%	23.20%
HCC	Warrior Met Coal, Inc. Basic Materials	Reduced	79,089	-96	$7,367,140	+5.5%	21.18%