PYA Waltman Capital, LLC

Registered adviser

CIK

1800135

Location

KNOXVILLE, TN

Portfolio Value

Small $407,045,692

Diversification

Diversified

Filing Date

Global Rank

#4,225 / 8,814 ▼ 243

Top Industry

Aerospace & Defense 12.4%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

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, Oct 1, 2026

Form ADV adviser

CRD 137283

Roster of Oct 1, 2026

Regulatory AUM

$1,005,970,630

Main clients

Individuals and high net worth (68% of AUM)

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 Oct 2026	$1,005,970,630	Individuals and high net worth (68%)
Apr 2025 to Mar 2026	$819,277,781	Individuals and high net worth (67%)
Apr 2024 to Mar 2025	$1,030,582,694	Diversified
May 2023 to Mar 2024	$864,023,350	Diversified
Mar 2023 to Apr 2023	$864,023,350	Diversified
Apr 2022 to Feb 2023	$1,017,643,452	Diversified

3 earlier changes not shown.

Portfolio style

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

Style

Concentrated

The top 10 positions are 60.3% of the book (60%+)

Turnover

Low turnover

27.4% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 19.7 quarters (12+), a floor since 39.4% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 78.6%; sector active share 30.9% 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

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

Top Position

10.1%

−0.5 pts

Top 5

39.4%

−0.9 pts

Top 10

60.3%

−1.5 pts

HHI

463

Diversified−27

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	22.4%	$91,049,430	10
Unclassified	14.4%	$58,770,841	13
Industrials	13.5%	$54,848,775	9
Consumer Cyclical	12.6%	$51,400,955	9
Healthcare	10.2%	$41,509,542	4
Consumer Defensive	10.2%	$41,404,763	3
Technology	8.0%	$32,508,940	9
Communication Services	6.4%	$26,112,737	2
Energy	1.1%	$4,532,560	2
Basic Materials	0.7%	$2,754,843	3
Utilities	0.5%	$2,152,306	2

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
TCAF	T. Rowe Price Capital Appreciation Equity ETF	+37,799	870,538	$35,779,111
UPS	United Parcel Service Inc	+18,245	62,676	$6,737,670
TROW	Price T Rowe Group Inc	+16,360	35,516	$4,037,814
AMZN	Amazon Com Inc	+15,666	114,869	$27,377,877
CEF	Sprott Physical Gold & Silver Trust	+13,550	204,820	$8,239,908
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	+12,076	117,824	$6,949,259
PG	PROCTER & GAMBLE Co	+10,868	41,401	$6,071,042
POST	Post Holdings, Inc.	+10,433	339,643	$29,976,891
GPC	Genuine Parts Co	+9,804	15,587	$1,838,954
DHR	Danaher Corp	+8,945	86,039	$16,388,708
PEP	Pepsico Inc	+8,682	39,563	$5,356,830
ABBV	AbbVie Inc.	+7,641	28,844	$7,258,304
HEI-A	Heico Corp	+7,309	69,745	$17,987,932
CVX	Chevron Corp	+5,801	23,470	$3,890,387
NEE	Nextera Energy Inc	+5,368	21,495	$1,886,616
HD	Home Depot, Inc.	+5,241	16,810	$5,928,550
ALL	Allstate Corp	+5,012	19,318	$4,596,524
AMGN	Amgen Inc	+3,983	17,735	$6,422,198
JPM	Jpmorgan Chase & Co	+3,756	13,235	$4,332,212
JNJ	Johnson & Johnson	+3,616	45,046	$11,440,332
FETH	Fidelity Ethereum Fund	+3,591	83,723	$1,317,800
TXN	Texas Instruments Inc	+3,408	26,794	$7,986,487
APD	Air Products & Chemicals, Inc.	+3,140	6,326	$1,854,656
QQQ	Invesco Qqq Trust, Series 1	+3,103	5,203	$3,831,489
BRK-B	Berkshire Hathaway Inc	+2,882	82,464	$41,264,160
No positions match the current search.

Trimmed

Positions the filer reduced

11 positions

Ticker	Company	Δ Shares	Shares	Value
GOOGL	Alphabet Inc.	−3,333	71,337	$25,493,703
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	−3,083	36,871	$2,145,892
TDG	TransDigm Group INC	−1,159	11,996	$15,979,151
ROP	Roper Technologies Inc	−1,091	31,188	$10,553,707
—		−492	5,079	$465,439
XOM	ExxonMobil Holdings Corp	−363	4,697	$642,173
FBTC	Fidelity Wise Origin Bitcoin Fund	−315	64,923	$3,314,319
SPXC	SPX Technologies, Inc.	−315	2,076	$508,972
AEM	Agnico Eagle Mines Ltd	−220	3,836	$595,078
GBTC	Grayscale Bitcoin Trust ETF	−18	31,864	$1,450,449
NVR	Nvr Inc	−6	517	$3,522,527
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
ADP	Automatic Data Processing Inc	15,405	$3,449,949
CME	Cme Group Inc.	11,645	$2,571,565
DKS	Dick's Sporting Goods, Inc.	6,992	$1,585,855
INTC	Intel Corp	2,690	$375,604
VNQ	VANGUARD REAL ESTATE INDEX FUND	3,024	$291,604
IREN	IREN Ltd	4,980	$227,735
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
SPGI	S&P Global Inc.	29,969	$12,747,013
AMT	American Tower Corp	11,479	$1,981,045
VZ	Verizon Communications Inc	32,744	$1,643,748
CSCO	Cisco Systems, Inc.	20,603	$1,598,586
SBUX	Starbucks Corp	12,457	$1,116,022
BMY	Bristol Myers Squibb Co	3,737	$226,649
MSTR	Strategy Inc	1,625	$202,800
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

66 tracked positions · $407,045,692 total · filing declares 67 positions · $420,553,761 · as of Jun 30, 2026

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

Showing 1–50 of 66 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
BRK-B	Berkshire Hathaway Inc Financial Services	Added	82,464	+2,882	$41,264,160	+8.2%	26+	before history	10.14%
TCAF	T. Rowe Price Capital Appreciation Equity ETF	Added	870,538	+37,799	$35,779,111	+20.7%	12	$31.50	8.79%
POST	Post Holdings, Inc. Consumer Defensive	Added	339,643	+10,433	$29,976,891	−7.9%	26+	before history	7.36%
AMZN	Amazon Com Inc Consumer Cyclical	Added	114,869	+15,666	$27,377,877	+32.5%	19	unpriced	6.73%
GOOGL	Alphabet Inc. Communication Services	Reduced	71,337	-3,333	$25,493,703	+18.7%	19	unpriced	6.26%
MKL	Markel Group Inc. Financial Services	Added	11,797	+399	$23,039,658	+5.6%	26+	before history	5.66%
HEI-A	Heico Corp Industrials	Added	69,745	+7,309	$17,987,932	+36.5%	26+	before history	4.42%
DHR	Danaher Corp Healthcare	Added	86,039	+8,945	$16,388,708	+12.1%	13	unpriced	4.03%
TDG	TransDigm Group INC Industrials	Reduced	11,996	-1,159	$15,979,151	+4.8%	26+	before history	3.93%
JNJ	Johnson & Johnson Healthcare	Added	45,046	+3,616	$11,440,332	+13.0%	26+	before history	2.81%
ROP	Roper Technologies Inc Technology	Reduced	31,188	-1,091	$10,553,707	−7.6%	6	$458.00	2.59%
CEF	Sprott Physical Gold & Silver Trust Financial Services	Added	204,820	+13,550	$8,239,908	−9.7%	26+	before history	2.02%
TXN	Texas Instruments Inc Technology	Added	26,794	+3,408	$7,986,487	+75.9%	17	$186.99	1.96%
ABBV	AbbVie Inc. Healthcare	Added	28,844	+7,641	$7,258,304	+57.4%	19	$172.28	1.78%
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	Added	117,824	+12,076	$6,949,259	+10.4%	11	$58.72	1.71%
UPS	United Parcel Service Inc Industrials	Added	62,676	+18,245	$6,737,670	+54.1%	24	$112.29	1.66%
AMGN	Amgen Inc Healthcare	Added	17,735	+3,983	$6,422,198	+32.7%	19	$288.33	1.58%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	41,401	+10,868	$6,071,042	+37.7%	19	$150.32	1.49%
HD	Home Depot, Inc. Consumer Cyclical	Added	16,810	+5,241	$5,928,550	+55.8%	19	$330.20	1.46%
PEP	Pepsico Inc Consumer Defensive	Added	39,563	+8,682	$5,356,830	+11.7%	19	$157.55	1.32%
AVGO	Broadcom Inc. Technology	Added	14,024	+2,438	$5,297,566	+47.7%	19	unpriced	1.30%
ETSY	Etsy Inc Consumer Cyclical	Added	68,185	+2,412	$5,136,376	+56.2%	21	$69.61	1.26%
ALL	Allstate Corp Financial Services	Added	19,318	+5,012	$4,596,524	+55.0%	18	$154.00	1.13%
JPM	Jpmorgan Chase & Co Financial Services	Added	13,235	+3,756	$4,332,212	+55.4%	23	$192.99	1.06%
GD	General Dynamics Corp Industrials	Added	11,650	+2,437	$4,126,896	+30.5%	17	$266.67	1.01%
TROW	Price T Rowe Group Inc Financial Services	Added	35,516	+16,360	$4,037,814	+133.8%	17	$104.60	0.99%
LMT	Lockheed Martin Corp Industrials	Added	7,654	+2,353	$3,899,406	+21.7%	18	$513.09	0.96%
CVX	Chevron Corp Energy	Added	23,470	+5,801	$3,890,387	+6.4%	18	$173.76	0.96%
QQQ	Invesco Qqq Trust, Series 1	Added	5,203	+3,103	$3,831,489	+216.1%	19	$559.53	0.94%
MTN	Vail Resorts Inc Consumer Cyclical	Added	27,733	+816	$3,775,847	+9.3%	26+	before history	0.93%
		Added	10,634	+300	$3,770,072	—	8	unpriced	0.93%
NVR	Nvr Inc Consumer Cyclical	Reduced	517	-6	$3,522,527	+2.2%	24	$5,634.53	0.87%
ADP	Automatic Data Processing Inc Technology	NEW	15,405	NEW	$3,449,949	NEW	1	$213.75	0.85%
FBTC	Fidelity Wise Origin Bitcoin Fund	Reduced	64,923	-315	$3,314,319	−13.9%	10	$61.45	0.81%
AAPL	Apple Inc. Technology	Added	9,941	+21	$2,876,527	+14.3%	26+	before history	0.71%
CME	Cme Group Inc. Financial Services	NEW	11,645	NEW	$2,571,565	NEW	1	$276.63	0.63%
TRV	Travelers Companies, Inc. Financial Services	Added	7,598	+1,456	$2,508,251	+40.0%	19	$211.07	0.62%
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	Reduced	36,871	-3,083	$2,145,892	−8.3%	26+	before history	0.53%
NEE	Nextera Energy Inc Utilities	Added	21,495	+5,368	$1,886,616	+26.0%	18	$78.81	0.46%
APD	Air Products & Chemicals, Inc. Basic Materials	Added	6,326	+3,140	$1,854,656	+100.4%	17	$281.64	0.46%
MCD	Mcdonalds Corp Consumer Cyclical	Added	6,860	+2,346	$1,854,326	+32.2%	19	$280.76	0.46%
GPC	Genuine Parts Co Consumer Cyclical	Added	15,587	+9,804	$1,838,954	+200.7%	19	$118.48	0.45%
DKS	Dick's Sporting Goods, Inc. Consumer Cyclical	NEW	6,992	NEW	$1,585,855	NEW	1	$220.93	0.39%
GBTC	Grayscale Bitcoin Trust ETF	Reduced	31,864	-18	$1,450,449	−13.8%	10	$43.09	0.36%
MSFT	Microsoft Corp Technology	Added	3,732	+77	$1,392,110	+2.9%	26+	before history	0.34%
FETH	Fidelity Ethereum Fund	Added	83,723	+3,591	$1,317,800	−21.2%	8	$26.90	0.32%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Held	3,363	0	$1,244,444	+15.3%	19	unpriced	0.31%
GE	General Electric Co Industrials	Added	2,757	+27	$1,030,373	+33.0%	26+	before history	0.25%
GLD	Spdr Gold Trust	Held	2,670	0	$983,574	−14.4%	11	$194.68	0.24%
GEV	GE Vernova Inc. Industrials	Added	688	+7	$808,303	+36.0%	7	$319.80	0.20%

Showing the top 50 of 66 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.