BARR E S & CO

LEXINGTON, KY · CIK 1040210 · 13F filing filed 2025-08-12

SEC-registered investment adviser since 1993 · corporation

Assets managed$2.2bn
Staff6 · 3 in investment roles
Main clients (by assets)High net worth individuals 79%, Charities 8%, Individuals 6%
Private funds1 (1 hedge) · $48.2m gross assets
Websiteesbarr.com
Form ADV · 2026-03-30SEC adviser record

$1.7bn reported value +5.9% vs Q1 2025

117positions

65.0%in top 10

16 new 22 added 44 reduced 5 sold out vs Q1 2025

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	515,589	$250.5m14.36%	14.36%	Reduced -13.3k	-13,271 -2.5%
2	MARKEL GROUP INC COM MKL	MKL	79,212	$158.2m9.07%	9.07%	Reduced -461	-461 -0.6%
3	GOLDMAN SACHS GROUP INC COM GS	GS	158,296	$112.0m6.42%	6.42%	Reduced -4.4k	-4,419 -2.7%
4	JPMORGAN CHASE & CO COM JPM	JPM	384,012	$111.3m6.38%	6.38%	Reduced -23.4k	-23,372 -5.7%
5	ALPHABET INC CAP STK CL C GOOG	GOOG	588,775	$104.4m5.99%	5.99%	Added +2.3k	+2,290 0.4%
6	AMAZON COM INC COM AMZN	AMZN	453,051	$99.4m5.70%	5.70%	Added +8.9k	+8,893 2.0%
7	MOODYS CORP COM MCO	MCO	164,014	$82.3m4.72%	4.72%	Reduced -890	-890 -0.5%
8	BLACKSTONE INC COM BX	BX	511,394	$76.5m4.39%	4.39%	Reduced -8.0k	-8,028 -1.6%
9	SCHWAB CHARLES CORP COM SCHW	SCHW	784,765	$71.6m4.10%	4.10%	Reduced -9.9k	-9,935 -1.2%
10	HOME BANCSHARES INC COM HOMB	HOMB	2,357,088	$67.1m3.85%	3.85%	Reduced -19.8k	-19,841 -0.8%
11	AMERICAN EXPRESS CO COM AXP	AXP	152,249	$48.6m2.78%	2.78%	Reduced -2.4k	-2,446 -1.6%
12	AMERICAN TOWER CORP NEW COM AMT	AMT	178,078	$39.4m2.26%	2.26%	Reduced -524	-524 -0.3%
13	BROOKFIELD CORP CL A LTD VT SH BN	BN	624,182	$38.6m2.21%	2.21%	Reduced -8.9k	-8,910 -1.4%
14	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	488,355	$38.4m2.20%	2.20%	Reduced -29.6k	-29,595 -5.7%
15	ALPHABET INC CAP STK CL A GOOGL	GOOGL	208,524	$36.7m2.11%	2.11%	Reduced -5.7k	-5,740 -2.7%
16	APPLE INC COM AAPL	AAPL	170,398	$35.0m2.00%	2.00%	Reduced -1.8k	-1,832 -1.1%
17	NIKE INC CL B NKE	NKE	425,243	$30.2m1.73%	1.73%	Added +28.8k	+28,806 7.3%
18	MASTERCARD INCORPORATED CL A MA	MA	50,836	$28.6m1.64%	1.64%	Added +931	+931 1.9%
19	TAKE-TWO INTERACTIVE SOFTWAR COM TTWO	TTWO	113,188	$27.5m1.58%	1.58%	Added +150	+150 0.1%
20	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	32	$23.3m1.34%	1.34%	Reduced -3	-3 -8.6%
21	METTLER TOLEDO INTERNATIONAL COM MTD	MTD	18,935	$22.2m1.28%	1.28%	Added +9.1k	+9,141 93.3%
22	JOHNSON & JOHNSON COM JNJ	JNJ	132,419	$20.2m1.16%	1.16%	Reduced -8.7k	-8,668 -6.1%
23	ADOBE INC COM ADBE	ADBE	50,564	$19.6m1.12%	1.12%	Added +6.8k	+6,810 15.6%
24	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	205,965	$18.6m1.06%	1.06%	Reduced -10.1k	-10,050 -4.7%
25	CITY HLDG CO COM CHCO	CHCO	130,264	$15.9m0.91%	0.91%	Unchanged
26	PRICE T ROWE GROUP INC COM TROW	TROW	146,775	$14.2m0.81%	0.81%	Reduced -7.2k	-7,176 -4.7%
27	PEPSICO INC COM PEP	PEP	99,124	$13.1m0.75%	0.75%	Reduced -7.3k	-7,266 -6.8%
28	WYNN RESORTS LTD COM WYNN	WYNN	106,712	$10.0m0.57%	0.57%	Added +26.5k	+26,495 33.0%
29	LAUDER ESTEE COS INC CL A EL	EL	122,822	$9.9m0.57%	0.57%	Reduced -29.4k	-29,384 -19.3%
30	COSTCO WHSL CORP NEW COM COST	COST	9,946	$9.8m0.56%	0.56%	Added +1.1k	+1,130 12.8%
31	SHERWIN WILLIAMS CO COM SHW	SHW	26,245	$9.0m0.52%	0.52%	Added +1.5k	+1,536 6.2%
32	GAMING & LEISURE PPTYS INC COM GLPI	GLPI	182,653	$8.5m0.49%	0.49%	Reduced -44.1k	-44,102 -19.4%
33	FIRST CTZNS BANCSHARES INC N CL A FCNCA	FCNCA	4,330	$8.5m0.49%	0.49%	Added +1.5k	+1,475 51.7%
34	MICROSOFT CORP COM MSFT	MSFT	14,577	$7.3m0.42%	0.42%	Added +60	+60 0.4%
35	WELLS FARGO CO NEW COM WFC	WFC	75,862	$6.1m0.35%	0.35%	Reduced -400	-400 -0.5%
36	NVIDIA CORPORATION COM NVDA	NVDA	31,762	$5.0m0.29%	0.29%	Added +1.6k	+1,640 5.4%
37	EXXON MOBIL CORP COM XOM	XOM	40,991	$4.4m0.25%	0.25%	Reduced -1.8k	-1,800 -4.2%
38	PROCTER AND GAMBLE CO COM PG	PG	23,419	$3.7m0.21%	0.21%	Added +600	+600 2.6%
39	KKR & CO INC COM KKR	KKR	26,075	$3.5m0.20%	0.20%	Reduced -300	-300 -1.1%
40	DISNEY WALT CO COM DIS	DIS	23,367	$2.9m0.17%	0.17%	Reduced -650	-650 -2.7%
41	CHURCHILL DOWNS INC COM CHDN	CHDN	28,000	$2.8m0.16%	0.16%	Reduced -200	-200 -0.7%
42	ELI LILLY & CO COM LLY	LLY	3,311	$2.6m0.15%	0.15%	Added +70	+70 2.2%
43	TESLA INC COM TSLA	TSLA	8,085	$2.6m0.15%	0.15%	Added +490	+490 6.5%
44	WALMART INC COM WMT	WMT	26,104	$2.6m0.15%	0.15%	Unchanged
45	STARBUCKS CORP COM SBUX	SBUX	25,830	$2.4m0.14%	0.14%	Reduced -2.2k	-2,155 -7.7%
46	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	3,713	$2.3m0.13%	0.13%	Reduced -50	-50 -1.3%
47	VISA INC COM CL A V	V	5,132	$1.8m0.10%	0.10%	Added +1.9k	+1,875 57.6%
48	CME GROUP INC COM CME	CME	6,000	$1.7m0.09%	0.09%	Unchanged
49	BROADCOM INC COM AVGO	AVGO	5,836	$1.6m0.09%	0.09%	Unchanged
50	COCA COLA CO COM KO	KO	20,958	$1.5m0.09%	0.09%	Reduced -800	-800 -3.7%
51	PNC FINL SVCS GROUP INC COM PNC	PNC	6,775	$1.3m0.07%	0.07%	Reduced -367	-367 -5.1%
52	INTUIT COM INTU	INTU	1,584	$1.2m0.07%	0.07%	Unchanged
53	SEACOAST BKG CORP FLA COM NEW SBCF	SBCF	39,275	$1.1m0.06%	0.06%	Reduced -22.3k	-22,275 -36.2%
54	DIAMOND HILL INVT GROUP INC COM NEW DHIL	DHIL	7,320	$1.1m0.06%	0.06%	Reduced -1.5k	-1,500 -17.0%
55	MCDONALDS CORP COM MCD	MCD	3,331	$973.2k0.06%	0.06%	Unchanged
56	META PLATFORMS INC CL A META	META	1,314	$969.9k0.06%	0.06%	Reduced -25	-25 -1.9%
57	HOME DEPOT INC COM HD	HD	2,420	$887.3k0.05%	0.05%	Added +300	+300 14.2%
58	CINTAS CORP COM CTAS	CTAS	3,800	$846.9k0.05%	0.05%	Unchanged
59	CHEVRON CORP NEW COM CVX	CVX	5,397	$772.8k0.04%	0.04%	Reduced -200	-200 -3.6%
60	REGIONS FINANCIAL CORP NEW COM RF	RF	31,000	$729.1k0.04%	0.04%	Unchanged
61	HEICO CORP NEW COM HEI	HEI	2,200	$721.6k0.04%	0.04%	New
62	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	1,285	$708.9k0.04%	0.04%	Reduced -25	-25 -1.9%
63	TRANSDIGM GROUP INC COM TDG	TDG	445	$676.7k0.04%	0.04%	New
64	STATE STR CORP COM STT	STT	6,250	$664.6k0.04%	0.04%	Unchanged
65	CATERPILLAR INC COM CAT	CAT	1,675	$650.3k0.04%	0.04%	Reduced -125	-125 -6.9%
66	WESBANCO INC COM WSBC	WSBC	19,196	$607.2k0.03%	0.03%	New
67	VERISK ANALYTICS INC COM VRSK	VRSK	1,913	$595.9k0.03%	0.03%	New
68	VANGUARD WORLD FD ENERGY ETF VDE	VDE	5,000	$595.6k0.03%	0.03%	Unchanged
69	NETFLIX INC COM NFLX	NFLX	440	$589.2k0.03%	0.03%	Added +200	+200 83.3%
70	ABBVIE INC COM ABBV	ABBV	3,154	$585.4k0.03%	0.03%	Reduced -209	-209 -6.2%
71	S&P GLOBAL INC COM SPGI	SPGI	1,100	$580.0k0.03%	0.03%	New
72	ISHARES TR 1 3 YR TREAS BD SHY	SHY	6,025	$499.2k0.03%	0.03%	Reduced -750	-750 -11.1%
73	COPART INC COM CPRT	CPRT	9,750	$478.4k0.03%	0.03%	New
74	NORTHROP GRUMMAN CORP COM NOC	NOC	951	$475.5k0.03%	0.03%	Unchanged
75	TEXAS PACIFIC LAND CORPORATI COM TPL	TPL	450	$475.4k0.03%	0.03%	Unchanged
76	RTX CORPORATION COM RTX	RTX	3,219	$470.0k0.03%	0.03%	Unchanged
77	WINTRUST FINL CORP COM WTFC	WTFC	3,550	$440.1k0.03%	0.03%	Unchanged
78	ISHARES TR CORE S&P500 ETF IVV	IVV	690	$428.4k0.02%	0.02%	Unchanged
79	MERCK & CO INC COM MRK	MRK	5,164	$408.8k0.02%	0.02%	Reduced -1.6k	-1,617 -23.9%
80	US BANCORP DEL COM NEW USB	USB	9,018	$408.1k0.02%	0.02%	Unchanged
81	UNITED PARCEL SERVICE INC CL B UPS	UPS	3,958	$399.5k0.02%	0.02%	Unchanged
82	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	1,277	$393.8k0.02%	0.02%	Reduced -100	-100 -7.3%
83	POST HLDGS INC COM POST	POST	3,536	$385.5k0.02%	0.02%	Reduced -181	-181 -4.9%
84	ISHARES TR CORE S&P MCP ETF IJH	IJH	6,085	$377.4k0.02%	0.02%	Unchanged
85	ABBOTT LABS COM ABT	ABT	2,755	$374.7k0.02%	0.02%	Added +100	+100 3.8%
86	TJX COS INC NEW COM TJX	TJX	3,027	$373.8k0.02%	0.02%	Unchanged
87	GENERAL MLS INC COM GIS	GIS	7,150	$370.4k0.02%	0.02%	Reduced -100	-100 -1.4%
88	PHILIP MORRIS INTL INC COM PM	PM	1,980	$360.6k0.02%	0.02%	Unchanged
89	ISHARES TR S&P 500 GRWT ETF IVW	IVW	3,270	$360.0k0.02%	0.02%	Unchanged
90	CONOCOPHILLIPS COM COP	COP	3,725	$334.3k0.02%	0.02%	Unchanged
91	UNION PAC CORP COM UNP	UNP	1,446	$332.7k0.02%	0.02%	Unchanged
92	FEDEX CORP COM FDX	FDX	1,343	$305.3k0.02%	0.02%	Unchanged
93	FORD MTR CO COM F	F	27,375	$297.0k0.02%	0.02%	Added +10.7k	+10,700 64.2%
94	3M CO COM MMM	MMM	1,855	$282.4k0.02%	0.02%	Unchanged
95	HERSHEY CO COM HSY	HSY	1,686	$279.8k0.02%	0.02%	Unchanged
96	BELLRING BRANDS INC COMMON STOCK BRBR	BRBR	4,711	$272.9k0.02%	0.02%	Unchanged
97	AMGEN INC COM AMGN	AMGN	957	$267.2k0.02%	0.02%	Unchanged
98	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	893	$266.9k0.02%	0.02%	Unchanged
99	EMERSON ELEC CO COM EMR	EMR	1,925	$256.7k0.01%	0.01%	Unchanged
100	SPDR GOLD TR GOLD SHS GLD	GLD	800	$243.9k0.01%	0.01%	Unchanged

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
SUNOCO LP/SUNOCO FIN CORP SUN	SUN	5,750	$333.8k5.8k shares
MGM RESORTS INTERNATIONAL MGM	MGM	8,000	$237.1k8.0k shares
BRISTOL-MYERS SQUIBB CO BMY	BMY	3,780	$230.5k3.8k shares
UNITEDHEALTH GROUP INC UNH	UNH	425	$222.8k425 shares
ENERGIZER HLDGS INC NEW ENR	ENR	7,024	$210.2k7.0k shares