Skip to content
Disclosery

Hi-Line Capital Management, LLC

Follow

13F filer, CIK 1776074, WATERTOWN, SD

Hi-Line Capital Management, LLC reported $316,824,176 across 39 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-06. Its ten largest share positions make up 51.88% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001951757-25-001290

Period
2025-09-30
Reported value
$317M
Holdings
39
Top 10 weight
51.88%
New
4
Sold out
3

Largest buys vs the previous quarter

SecurityShares changeApprox. value
CInew+18,338$5.29M
AMCOR PLCnew+594,947$4.87M
IDEVadded+55,503$4.45M
LBRDKadded+42,478$2.7M
DACadded+28,365$2.55M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
SUNRISE COMMUNICATIONS AGexited-99,446-$5.62M
BNreduced-67,772-$4.65M
TMUSexited-19,426-$4.63M
PNCexited-4,520-$843K
VSATreduced-12,941-$379K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2025

Share positions as resolved from 13F-HR 0001951757-25-001290, largest first. % of portfolio is the value over $316,824,176, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
BRK-ABERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 47 shares; 2024Q4: 43 shares; 2025Q1: 49 shares; 2025Q2: 49 shares; 2025Q3: 50 shares 50$37.7M11.9%+1Timeline
IDEVISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 200,618 shares; 2025Q1: 226,844 shares; 2025Q2: 288,319 shares; 2025Q3: 343,822 shares 343,822$27.6M8.7%+55,503Timeline
BRK-BBERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 27,172 shares; 2024Q4: 24,421 shares; 2025Q1: 26,402 shares; 2025Q2: 26,067 shares; 2025Q3: 28,572 shares 28,572$14.4M4.53%+2,505Timeline
RSPINVESCO EXCHANGE TRADED FD TQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 40,557 shares; 2025Q1: 45,860 shares; 2025Q2: 58,364 shares; 2025Q3: 69,673 shares 69,673$13.2M4.17%+11,309Timeline
LBRDKLIBERTY BROADBAND CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 141,056 shares; 2024Q4: 140,187 shares; 2025Q1: 165,319 shares; 2025Q2: 164,757 shares; 2025Q3: 207,235 shares 207,235$13.2M4.16%+42,478Timeline
SIRISIRIUSXM HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 445,463 shares; 2024Q4: 436,365 shares; 2025Q1: 523,480 shares; 2025Q2: 524,092 shares; 2025Q3: 535,843 shares 535,843$12.5M3.94%+11,751Timeline
IEMGISHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 109,145 shares; 2025Q1: 123,450 shares; 2025Q2: 157,134 shares; 2025Q3: 187,127 shares 187,127$12.3M3.89%+29,993Timeline
WBDWARNER BROS DISCOVERY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 509,309 shares; 2024Q4: 507,016 shares; 2025Q1: 597,478 shares; 2025Q2: 594,854 shares; 2025Q3: 611,598 shares 611,598$11.9M3.77%+16,744Timeline
LBTYALIBERTY GLOBAL LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 846,841 shares; 2024Q4: 827,307 shares; 2025Q1: 1,001,541 shares; 2025Q2: 990,369 shares; 2025Q3: 1,004,299 shares 1,004,299$11.5M3.63%+13,930Timeline
BNBROOKFIELD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 253,123 shares; 2024Q4: 210,778 shares; 2025Q1: 215,470 shares; 2025Q2: 214,930 shares; 2025Q3: 147,158 shares 147,158$10.1M3.19%-67,772Timeline
COPCONOCOPHILLIPSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 99,669 shares; 2024Q4: 98,705 shares; 2025Q1: 100,817 shares; 2025Q2: 100,171 shares; 2025Q3: 100,841 shares 100,841$9.54M3.01%+670Timeline
JPMJPMORGAN CHASE & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 35,170 shares; 2024Q4: 27,930 shares; 2025Q1: 28,531 shares; 2025Q2: 28,417 shares; 2025Q3: 28,941 shares 28,941$9.13M2.88%+524Timeline
CRHCRH PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 69,890 shares; 2024Q4: 69,451 shares; 2025Q1: 70,976 shares; 2025Q2: 70,662 shares; 2025Q3: 72,394 shares 72,394$8.68M2.74%+1,732Timeline
CBCHUBB LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 28,818 shares; 2024Q4: 28,668 shares; 2025Q1: 29,302 shares; 2025Q2: 29,216 shares; 2025Q3: 30,207 shares 30,207$8.56M2.7%+991Timeline
IJHISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 85,972 shares; 2025Q1: 92,851 shares; 2025Q2: 108,834 shares; 2025Q3: 123,577 shares 123,577$8.06M2.55%+14,743Timeline
CMCSACOMCAST CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 222,708 shares; 2024Q4: 221,302 shares; 2025Q1: 243,663 shares; 2025Q2: 242,531 shares; 2025Q3: 248,043 shares 248,043$7.79M2.46%+5,512Timeline
MKLMARKEL GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 657 shares; 2024Q4: 534 shares; 2025Q1: 534 shares; 2025Q2: 3,854 shares; 2025Q3: 3,946 shares 3,946$7.54M2.38%+92Timeline
VSATVIASAT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 256,809 shares; 2024Q4: 211,574 shares; 2025Q1: 267,197 shares; 2025Q2: 263,300 shares; 2025Q3: 250,359 shares 250,359$7.34M2.32%-12,941Timeline
EXPEAGLE MATLS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 21,470 shares; 2025Q2: 29,971 shares; 2025Q3: 30,798 shares 30,798$7.18M2.27%+827Timeline
IVVISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 6,110 shares; 2025Q1: 6,907 shares; 2025Q2: 8,663 shares; 2025Q3: 10,352 shares 10,352$6.93M2.19%+1,689Timeline
LMTLOCKHEED MARTIN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,969 shares; 2024Q4: 12,891 shares; 2025Q1: 13,165 shares; 2025Q2: 13,086 shares; 2025Q3: 13,294 shares 13,294$6.64M2.09%+208Timeline
AXPAMERICAN EXPRESS COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 21,517 shares; 2024Q4: 18,887 shares; 2025Q1: 19,301 shares; 2025Q2: 19,235 shares; 2025Q3: 19,783 shares 19,783$6.57M2.07%+548Timeline
IJRISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 34,652 shares; 2025Q1: 36,849 shares; 2025Q2: 42,097 shares; 2025Q3: 46,685 shares 46,685$5.55M1.75%+4,588Timeline
CITHE CIGNA GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 18,338 shares 18,338$5.29M1.67%newTimeline
UPSUNITED PARCEL SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 43,965 shares; 2024Q4: 43,676 shares; 2025Q1: 44,605 shares; 2025Q2: 61,484 shares; 2025Q3: 62,955 shares 62,955$5.26M1.66%+1,471Timeline
DACDANAOS CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 28,768 shares; 2025Q3: 57,133 shares 57,133$5.13M1.62%+28,365Timeline
AERAERCAP HOLDINGS NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 32,827 shares; 2025Q3: 41,676 shares 41,676$5.04M1.59%+8,849Timeline
AMCOR PLCAMCOR PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 594,947 shares 594,947$4.87M1.54%new
MHKMOHAWK INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 36,480 shares; 2025Q3: 37,425 shares 37,425$4.82M1.52%+945Timeline
HCCWARRIOR MET COAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 72,326 shares; 2025Q3: 74,531 shares 74,531$4.74M1.5%+2,205Timeline
PCARPACCAR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 38,713 shares; 2025Q3: 39,777 shares 39,777$3.91M1.23%+1,064Timeline
OXYOCCIDENTAL PETE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 62,946 shares; 2024Q4: 62,411 shares; 2025Q1: 63,704 shares; 2025Q2: 63,164 shares; 2025Q3: 62,971 shares 62,971$2.99M0.94%-193Timeline
ADMARCHER DANIELS MIDLAND COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 45,694 shares; 2025Q1: 46,660 shares; 2025Q2: 46,481 shares; 2025Q3: 47,755 shares 47,755$2.85M0.9%+1,274Timeline
SCZISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 34,738 shares; 2025Q1: 34,738 shares; 2025Q2: 34,738 shares; 2025Q3: 34,738 shares 34,738$2.67M0.84%0Timeline
CNHCNH INDL N VQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 223,487 shares; 2025Q1: 228,386 shares; 2025Q2: 227,532 shares; 2025Q3: 233,942 shares 233,942$2.54M0.8%+6,410Timeline
GLIBKLIBERTY CAP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 29,022 shares 29,022$1.08M0.34%newTimeline
DINOHF SINCLAIR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 19,732 shares; 2024Q4: 15,864 shares; 2025Q1: 15,864 shares; 2025Q2: 15,864 shares; 2025Q3: 15,864 shares 15,864$830K0.26%0Timeline
ARWARROW ELECTRS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,184 shares; 2024Q4: 5,578 shares; 2025Q1: 5,578 shares; 2025Q2: 5,578 shares; 2025Q3: 5,578 shares 5,578$675K0.21%0Timeline
CABOCABLE ONE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,644 shares; 2024Q4: not reported; 2025Q1: 1,373 shares; 2025Q2: not reported; 2025Q3: 1,373 shares 1,373$243K0.08%newTimeline

Sold out in Q3 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
SUNRISE COMMUNICATIONS AGSUNRISE COMMUNICATIONS AG99,446$5.62Mshares
TMUST-MOBILE US INC19,426$4.63Mshares
PNCPNC FINL SVCS GROUP INC4,520$843Kshares

How Q3 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001951757-25-001290 base2025-11-06acceptance time not in the bulk data set