Van Den Berg Management I, Inc. Arnold Van Den Berg

Austin, TX 20 processed 13Fs on this site, 2021 Q3 to 2026 Q2

$473M
120 holdings
2026 Q2
+8.5% QoQ
Top 5 22.7%

Portfolio

2026 Q2, filed 8/14/2026, top 12 of 120 holdings

Top 5 22.7%, top 10 38.6%

AUM over time

2026 Q2 $473M +8.5% QoQ

Q3 2021

Q1 2022

Q1 2023

Q1 2024

Q1 2025

Q1 2026

Book

2025 Q4 2025 Q3, filed 17 Feb, long equity only

Download CSV Download Excel All activity


PHYS, Sprott Asset Management	6.47%	Reduce −1.2%	854,848	$33.02	$28M	−10,258	+$2.6M
COHR, Coherent	5.07%	Reduce −13.5%	119,837	$184.57	$22M	−18,687	+$7.2M
SA, Seabridge Gold	4.80%	Reduce −4.8%	707,390	$29.59	$21M	−35,593	+$3M
LUMN, Lumen Technologies	4.26%	Reduce −0.8%	2,394,300	$7.77	$19M	−19,303	+$3.8M
GOOG, Alphabet Class C	4.15%	Reduce −8.1%	57,770	$313.80	$18M	−5,059	+$2.8M
XOM, Exxon Mobil	3.89%, was 4.16%	Reduce −4.3%	141,017	$120.34	$17M	−6,281	+$362K
BN, Brookfield Corporation	3.13%	Add +46.8%	297,347	$45.89	$14M	+94,790	−$246K
BRK.B, Berkshire Hathaway	3.12%, was 3.51%	Reduce −2.6%	27,110	$502.65	$14M	−734	−$371K
FANG, Diamondback Energy	2.92%	Add +1.9%	84,661	$150.33	$13M	+1,616	+$843K
EQT	2.82%, was 3.18%	Reduce −1.6%	229,883	$53.60	$12M	−3,630	−$388K
IBM	2.50%, was 2.62%	Reduce −0.6%	36,875	$296.21	$11M	−226	+$454K
QCOM, Qualcomm	2.26%, was 2.43%	Reduce −1.1%	57,705	$171.05	$9.9M	−649	+$163K
DELL, Dell Technologies	2.25%, was 2.79%	Reduce −0.7%	77,921	$125.88	$9.8M	−587	−$1.3M
INTC, Intel	2.18%, was 2.28%	Reduce −5.0%	258,183	$36.90	$9.5M	−13,606	+$408K
ELV, Elevance Health	2.17%, was 2.30%	Reduce −5.2%	26,999	$350.55	$9.5M	−1,475	+$264K
CRK, Comstock Resources	2.13%	Reduce −0.4%	400,740	$23.18	$9.3M	−1,728	+$1.3M
VNT, Vontier	1.99%, was 2.51%	Reduce −2.4%	233,018	$37.18	$8.7M	−5,693	−$1.4M
KW, Kennedy-Wilson	1.98%, was 2.03%	Reduce −8.2%	894,821	$9.67	$8.7M	−79,513	+$546K
UNH, UnitedHealth Group	1.98%	Add +1.1%	26,123	$330.11	$8.6M	+283	−$299K
CI, Cigna	1.93%	Add +14.9%	30,665	$275.23	$8.4M	+3,983	+$749K
MSFT, Microsoft	1.92%	Add +1.1%	17,319	$483.62	$8.4M	+188	−$497K
DHR, Danaher	1.88%	Reduce −0.8%	35,802	$228.92	$8.2M	−284	+$1M
TMO, Thermo Fisher Scientific	1.85%	Reduce −2.8%	13,897	$579.45	$8.1M	−398	+$1.1M
ACGL, Arch Capital Group	1.77%	Add +2.5%	80,439	$95.92	$7.7M	+1,952	+$595K
DIS, Disney	1.73%, was 1.94%	Reduce −1.7%	66,511	$113.77	$7.6M	−1,129	−$178K
PR, Permian Resources	1.67%, was 1.65%	Add +0.9%	519,501	$14.03	$7.3M	+4,796	+$700K
SLB	1.58%, was 1.61%	Reduce −4.4%	179,118	$38.38	$6.9M	−8,331	+$432K
SWK, Stanley Black & Decker	1.52%, was 1.50%	Add +10.9%	89,601	$74.28	$6.7M	+8,832	+$652K
CMCO, Columbus Mckinnon	1.50%, was 1.17%	Add +16.7%	379,019	$17.25	$6.5M	+54,216	+$1.9M
ILMN, Illumina	1.40%	Reduce −5.0%	46,556	$131.16	$6.1M	−2,432	+$1.5M
WRK, Smurfit Westrock	1.38%, was 1.86%	Reduce −10.4%	156,087	$38.67	$6M	−18,141	−$1.4M
MKTX, Marketaxess	1.26%, was 0.61%	Add +116.9%	30,399	$181.25	$5.5M	+16,382	+$3.1M
CME, CME Group	1.18%, was 1.29%	Reduce −1.2%	18,810	$273.08	$5.1M	−235	−$9K
TKR, Timken	1.15%, was 0.78%	Add +43.2%	59,686	$84.13	$5M	+18,011	+$1.9M
ST, Sensata	0.98%, was 0.95%	Add +2.7%	127,965	$33.29	$4.3M	+3,417	+$455K
META, Meta Platforms	0.92%, was 1.15%	Reduce −2.9%	6,096	$660.12	$4M	−180	−$585K
COP, ConocoPhillips	0.91%, was 1.05%	Reduce −4.4%	42,234	$93.61	$4M	−1,934	−$224K
WDAY, Workday	0.85%, was 1.05%	Reduce −0.7%	17,234	$214.78	$3.7M	−126	−$478K
FDX, FedEx	0.81%	Reduce −0.4%	12,276	$288.86	$3.5M	−45	+$641K
VRSN, VeriSign	0.81%, was 1.03%	Reduce −1.7%	14,474	$242.95	$3.5M	−254	−$601K
BAC, Bank of America	0.74%, was 0.87%	Reduce −12.5%	58,964	$55.00	$3.2M	−8,453	−$235K
GNRC, Generac	0.72%	Add +1.9%	23,049	$136.37	$3.1M	+439	−$642K
MCO, Moody's	0.69%, was 0.72%	Reduce −2.2%	5,927	$510.88	$3M	−132	+$141K
FTV, Fortive	0.65%	New	51,439	$55.21	$2.8M	+51,439	+$2.8M
UPS	0.57%, was 0.50%	Add +6.2%	25,205	$99.19	$2.5M	+1,465	+$517K
VTOL, Bristow Group	0.52%	Add +6.8%	62,328	$36.62	$2.3M	+3,988	+$178K
CRGY, Crescent Energy	0.42%, was 0.30%	Add +63.9%	218,153	$8.39	$1.8M	+85,073	+$643K
BAM, Brookfield Asset Management	0.34%	Add +0.2%	28,131	$52.39	$1.5M	+52	−$125K
CTRA, Coterra Energy	0.30%	Reduce −0.7%	50,034	$26.32	$1.3M	−365	+$125K
GDXJ, Vaneck ETF Trust	0.27%	Hold	10,353	$113.78	$1.2M	—	—
DVN, Devon Energy	0.25%, was 0.27%	Reduce −5.8%	29,259	$36.63	$1.1M	−1,793	−$17K
ERO, Ero Copper	0.22%	Reduce −22.8%	33,593	$28.29	$950K	−9,915	+$70K
RSP	0.21%	Add +0.3%	4,825	$191.55	$924K	+15	+$12K
MA, Mastercard	0.21%, was 0.23%	Reduce −2.3%	1,592	$570.88	$909K	−37	−$18K
PSLV, Sprott Asset Management	0.20%	Hold	37,819	$23.65	$894K	—	—
TXN, Texas Instruments	0.20%	New	5,125	$173.49	$889K	+5,125	+$889K
VTI, Vanguard Index Funds	0.20%, was 0.22%	Reduce −2.0%	2,582	$335.25	$866K	−53	+$1K
VIG, Vanguard Specialized Funds	0.20%, was 0.22%	Reduce −4.8%	3,885	$219.78	$854K	−198	−$27K
NTRS, Northern Trust	0.19%	Add +3.8%	38,305	$21.47	$822K	+1,399	−$93K
AEM, Agnico Eagle Mines	0.19%, was 0.20%	Reduce −1.0%	4,797	$169.53	$813K	−50	−$4K
OVV, Ovintiv	0.18%, was 0.20%	Reduce −0.6%	19,742	$39.19	$774K	−115	−$28K
MOAT, Vaneck ETF Trust	0.16%	Add +1.0%	6,906	$103.56	$715K	+70	+$38K
SEI, Solaris Energy Infras	0.16%	Reduce −2.2%	15,465	$45.97	$711K	−346	+$79K
LBRT, Liberty Energy	0.16%	New	38,141	$18.46	$704K	+38,141	+$704K
IVV, iShares Core S&P 500 ETF	0.16%	New	1,008	$684.90	$690K	+1,008	+$690K
CVX, Chevron	0.16%, was 0.14%	Add +24.5%	4,496	$152.41	$685K	+886	+$125K
VEA, Vanguard Tax-Managed Funds	0.16%, was 0.17%	Reduce −5.7%	10,895	$62.47	$681K	−664	−$12K
FNDF, Schwab Strategic Trust	0.16%, was 0.15%	Add +7.1%	15,033	$45.21	$680K	+1,003	+$77K
XLE, Select Sector SPDR Trust	0.14%	Add +94.1%	13,850	$44.71	$619K	+6,715	−$18K
IWB, iShares Trust	0.14%	New	1,622	$373.44	$606K	+1,622	+$606K
VOO, Vanguard S&P 500 ETF	0.14%, was 0.15%	Reduce −1.4%	953	$627.14	$598K	−14	+$5K
BTE, Baytex Energy	0.13%, was 0.11%	Add +0.4%	180,571	$3.23	$583K	+687	+$162K
AZZ	0.13%, was 0.18%	Reduce −18.1%	5,414	$107.18	$580K	−1,195	−$141K
DOW, SPDR Dow Jones Industrial Average	0.13%, was 0.05%	Add +161.3%	1,160	$480.57	$557K	+716	+$352K
XOP, SPDR Series Trust	0.10%, was 0.13%	Reduce −7.7%	3,492	$126.25	$441K	−290	−$59K
EG, Everest Group	0.10%, was 0.47%	Reduce −76.7%	1,240	$339.35	$421K	−4,078	−$1.4M
VYM, Vanguard Whitehall Funds	0.09%, was 0.11%	Reduce −5.8%	2,857	$143.52	$410K	−175	−$17K
SU, Suncor Energy	0.09%, was 0.10%	Reduce −0.6%	9,168	$44.36	$407K	−55	+$21K
VYMI, Vanguard Whitehall Funds	0.08%, was 0.09%	Reduce −1.5%	4,074	$90.00	$367K	−60	+$17K
AMZN, Amazon	0.08%	Add +4.8%	1,523	$230.82	$352K	+70	+$33K
SPSM, SPDR Series Trust	0.08%	Add +2.4%	7,292	$46.86	$342K	+172	+$12K
HL, Hecla Mining	0.07%	Hold	17,000	$19.19	$326K	—	—
IWF, iShares Trust	0.07%	New	681	$473.30	$322K	+681	+$322K
TALO, Talos Energy	0.07%	Reduce −7.3%	26,407	$11.02	$291K	−2,068	+$18K
T, AT&T	0.07%, was 0.08%	Reduce −3.8%	11,495	$24.84	$286K	−450	−$52K
CEF, Sprott Asset Management	0.06%	Hold	6,126	$45.80	$281K	—	—
AR, Antero Resources	0.06%	Add +0.9%	7,970	$34.46	$275K	+75	+$10K
IWD, iShares Trust	0.06%	New	1,256	$210.34	$264K	+1,256	+$264K
URA, Global X Funds	0.06%, was 0.07%	Reduce −1.6%	6,113	$42.73	$261K	−100	−$35K
RRC, Range Resources	0.05%, was 0.06%	Reduce −0.7%	6,434	$35.26	$227K	−45	−$17K
IJH, iShares Trust	0.05%	New	3,022	$66.00	$199K	+3,022	+$199K
IWR, iShares Trust	0.04%	New	1,804	$96.27	$174K	+1,804	+$174K
IJS, iShares Trust	0.04%	New	1,523	$113.69	$173K	+1,523	+$173K
FNDE, Schwab Strategic Trust	0.04%, was 0.02%	Add +83.5%	4,258	$36.06	$154K	+1,938	+$70K
GDX, Vaneck ETF Trust	0.03%	Hold	1,590	$85.77	$136K	—	—
IWS, iShares Trust	0.03%	New	913	$141.05	$129K	+913	+$129K
RIG, Transocean	0.03%	Reduce −0.7%	27,743	$4.13	$115K	−200	+$27K
SCHD, Schwab Strategic Trust	0.01%	Hold	1,899	$27.43	$52K	—	—
REI, Ring Energy	0.01%	Add +13.8%	57,884	$0.8700	$50K	+7,000	−$5K
ILF, iShares Trust	0.01%	New	1,300	$30.45	$40K	+1,300	+$40K
VBR, Vanguard Index Funds	0.01%, was 0.02%	Reduce −59.6%	149	$211.79	$32K	−220	−$45K
iShares Trust	0.01%	New	710	$38.29	$27K	+710	+$27K
VV, Vanguard Index Funds	0.01%	Reduce −44.9%	86	$314.80	$27K	−70	−$21K
NLR, Vaneck ETF Trust	0.01%	Hold	216	$124.20	$27K	—	—
EU, Encore Energy	0.01%	Hold	10,000	$2.48	$25K	—	—
IJR, iShares Trust	0.01%	New	194	$119.93	$23K	+194	+$23K
VTV, Vanguard Index Funds	0.00%	Hold	113	$190.99	$22K	—	—
VUG, Vanguard Index Funds	0.00%	Reduce −10.3%	35	$487.86	$17K	−4	−$2K
GOOGL, Alphabet Class A	0.00%	Add +121.7%	51	$313.00	$16K	+28	+$10K
SIL, Global X Funds	0.00%	Hold	175	$83.52	$15K	—	—
VNQ, Vanguard Index Funds	0.00%, was 0.01%	Reduce −43.2%	125	$88.49	$11K	−95	−$9K
IVZ, Invesco	0.00%	Hold	150	$57.14	$9K	—	—
XLF, Select Sector SPDR Trust	0.00%	Reduce −39.0%	133	$54.95	$7K	−85	−$4K
Global X Funds	0.00%	Hold	325	$19.41	$6K	—	—
XES, SPDR Series Trust	0.00%	Hold	62	$81.97	$5K	—	—
MORT, Vaneck ETF Trust	0.00%	Reduce −59.0%	240	$10.51	$3K	−345	−$4K
VB, Vanguard Index Funds	0.00%	Hold	5	$258.00	$1K	—	—
XLK, Select Sector SPDR Trust	0.00%	Add +100.0%	4	$144.00	$576	+2	$—

Showing top 50 of 118 by value

Exits / last held

Gone since 2025 Q3, shown at their last reported size.

Stock	% of portfolio	Recent activity	Shares	Reported price*	Value	Share change	$ change
Vital Energy	0.15%	Exit	0	$16.88	$584K	−34,588	−$584K
BOOM, DMC Global	0.02%	Exit	0	$8.42	$86K	−10,209	−$86K

Filings history

20 periods, with AUM normalized

Newest 13Fs

Period	Holds	AUM	QoQ	Form	Filed	Filing ID
2026 Q2	120	$473M	+8.5%	13F-HR	8/14/2026	000139834426014492
2026 Q1	133	$436M	0.0%	13F-HR	5/15/2026	000139834426009228
2025 Q4	126	$436M	+9.3%	13F-HR	2/17/2026	000139834426003217
2025 Q3	106	$399M	+13.4%	13F-HR	11/14/2025	000139834425020913
2025 Q2	110	$352M	+7.6%	13F-HR	8/14/2025	000139834425015399
2025 Q1	102	$327M	−5.8%	13F-HR	5/15/2025	000139834425009471
2024 Q4	109	$347M	+0.3%	13F-HR	2/14/2025	000139834425002819
2024 Q3	107	$346M	+2.7%	13F-HR	11/14/2024	000139834424020734
2024 Q2	108	$337M	−1.2%	13F-HR	8/14/2024	000139834424014613
2024 Q1	111	$341M	+13.3%	13F-HR	5/15/2024	000139834424009619
2023 Q4	105	$301M	+5.6%	13F-HR	2/14/2024	000139834424002891
2023 Q3	105	$285M	+2.5%	13F-HR	11/14/2023	000139834423020604
2023 Q2	106	$278M	+3.3%	13F-HR	8/14/2023	000139834423014725
2023 Q1	108	$269M	+0.4%	13F-HR	5/15/2023	000139834423009686
2022 Q4	108	$268M	−20.5%	13F-HR	2/14/2023	000139834423003139
2022 Q3	81	$337M	−10.1%	13F-HR	11/14/2022	000139834422021953
2022 Q2	86	$375M	−15.7%	13F-HR	8/15/2022	000139834422015572
2022 Q1	90	$445M	−19.2%	13F-HR	5/16/2022	000139834422009615
2021 Q4	77	$551M	+8.0%	13F-HR	2/14/2022	000139834422002950
2021 Q3	75	$510M	—	13F-HR	11/15/2021	000139834421021433

About

Van Den Berg Management I, Inc.

20 processed 13Fs on this site, 2021 Q3 to 2026 Q2

Notable person: Arnold Van Den Berg
SEC filing name: VAN DEN BERG MANAGEMENT I, INC
Location: Austin, TX
All SEC filings: View on sec.gov