EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC

Miamisburg, OH · CIK 1080382 · 13F filing filed 2023-11-14

SEC-registered investment adviser since 1993 · corporation

Assets managed$2.1bn
Staff34 · 23 in investment roles
Main clients (by assets)High net worth individuals 51%, Mutual funds and ETFs 28%, Individuals 7%
Form ADV · 2026-09-01SEC adviser record

Legal entityEUBEL BRADY & SUTTMAN ASSET MANAGEMENT, INC. (US)

$684.5m reported value -5.6% vs Q2 2023

89positions

36.1%in top 10

6 new 25 added 24 reduced 6 sold out vs Q2 2023

Holdings, Q3 2023

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	91,074	$31.9m4.66%	4.66%	Reduced -16.1k	-16,110 -15.0%
2	CISCO SYS INC COM CSCO	CSCO	495,018	$26.6m3.89%	3.89%	Reduced -1.6k	-1,594 -0.3%
3	ALPHABET INC CAP STK CL A GOOGL	GOOGL	201,361	$26.4m3.85%	3.85%	Reduced -10.9k	-10,920 -5.1%
4	MICROSOFT CORP COM MSFT	MSFT	78,894	$24.9m3.64%	3.64%	Reduced -11.5k	-11,538 -12.8%
5	BROOKFIELD CORP CL A LTD VT SH BN	BN	760,050	$23.8m3.47%	3.47%	Added +5.0k	+4,976 0.7%
6	MEDTRONIC PLC SHS MDT	MDT	299,948	$23.5m3.43%	3.43%	Added +4.6k	+4,577 1.6%
7	WARNER BROS DISCOVERY INC COM SER A WBD	WBD	2,136,179	$23.2m3.39%	3.39%	Added +61.6k	+61,648 3.0%
8	INTERNATIONAL FLAVORS&FRAGRA COM IFF	IFF	333,558	$22.7m3.32%	3.32%	New
9	DISNEY WALT CO COM DIS	DIS	273,956	$22.2m3.24%	3.24%	Added +4.6k	+4,621 1.7%
10	VONTIER CORPORATION COM VNT	VNT	703,354	$21.7m3.18%	3.18%	Reduced -95.5k	-95,522 -12.0%
11	ZIMMER BIOMET HOLDINGS INC COM ZBH	ZBH	189,691	$21.3m3.11%	3.11%	Added +10.8k	+10,806 6.0%
12	LOEWS CORP COM L	L	323,799	$20.5m2.99%	2.99%	Reduced -2.1k	-2,086 -0.6%
13	PAYPAL HLDGS INC COM PYPL	PYPL	320,873	$18.8m2.74%	2.74%	Added +65.4k	+65,413 25.6%
14	FORTIVE CORP COM FTV	FTV	248,276	$18.4m2.69%	2.69%	Reduced -94.7k	-94,688 -27.6%
15	AMERICAN INTL GROUP INC COM NEW AIG	AIG	294,435	$17.8m2.61%	2.61%	Reduced -1.7k	-1,677 -0.6%
16	WELLS FARGO CO NEW COM WFC	WFC	430,773	$17.6m2.57%	2.57%	Added +3.4k	+3,403 0.8%
17	GOLDMAN SACHS GROUP INC COM GS	GS	53,947	$17.5m2.55%	2.55%	Added +888	+888 1.7%
18	WALGREENS BOOTS ALLIANCE INC COM WBA	WBA	783,076	$17.4m2.54%	2.54%	Added +77.1k	+77,127 10.9%
19	ETSY INC COM ETSY	ETSY	268,370	$17.3m2.53%	2.53%	Added +16.1k	+16,117 6.4%
20	KENVUE INC COM KVUE	KVUE	849,991	$17.1m2.49%	2.49%	New
21	LOCKHEED MARTIN CORP COM LMT	LMT	40,254	$16.5m2.40%	2.40%	Added +801	+801 2.0%
22	JOHNSON & JOHNSON COM JNJ	JNJ	104,917	$16.3m2.39%	2.39%	Reduced -45.5k	-45,468 -30.2%
23	CARMAX INC COM KMX	KMX	223,822	$15.8m2.31%	2.31%	Reduced -61.2k	-61,167 -21.5%
24	CENCORA INC COM COR	COR	86,463	$15.6m2.27%	2.27%	Reduced -43.4k	-43,434 -33.4%
25	KROGER CO COM KR	KR	343,905	$15.4m2.25%	2.25%	Added +2.1k	+2,104 0.6%
26	MCKESSON CORP COM MCK	MCK	34,081	$14.8m2.16%	2.16%	Added +147	+147 0.4%
27	LABORATORY CORP AMER HLDGS COM NEW COM NEW		66,389	$13.3m1.95%	1.95%	Added +6.0k	+6,025 10.0%
28	CNX RES CORP COM CNX	CNX	561,992	$12.7m1.85%	1.85%	Reduced -326.1k	-326,136 -36.7%
29	CITIGROUP INC COM NEW C	C	244,306	$10.0m1.47%	1.47%	Added +2.1k	+2,147 0.9%
30	CONSOL ENERGY INC NEW COM COM		94,684	$9.9m1.45%	1.45%	Reduced -44.4k	-44,405 -31.9%
31	ISHARES TR ISHS 1-5YR INVS IGSB	IGSB	155,510	$7.7m1.13%	1.13%	Reduced -3.0k	-2,989 -1.9%
32	DOCUSIGN INC NOTE 1/1 · principal DOCU 0 01.15.24 · principal	DOCU 0 01.15.24	6,000,000	$5.9m0.86%	0.86%	Unchanged
33	VANECK ETF TRUST MRNGSTR WDE MOAT MOAT	MOAT	73,558	$5.6m0.81%	0.81%	Reduced -1.0k	-1,037 -1.4%
34	AIRBNB INC NOTE 3/1 · principal ABNB 0 03.15.26 · principal	ABNB 0 03.15.26	6,000,000	$5.3m0.77%	0.77%	Unchanged
35	SPOTIFY USA INC NOTE 3/1 · principal SPOT 0 03.15.26 · principal	SPOT 0 03.15.26	6,000,000	$5.1m0.75%	0.75%	Unchanged
36	TRIPADVISOR INC NOTE 0.250% 4/0 · principal TRIP 0.25 04.01.26 · principal	TRIP 0.25 04.01.26	6,000,000	$5.1m0.74%	0.74%	Unchanged
37	ENVESTNET INC NOTE 0.750% 8/1 · principal ENV 0.75 08.15.25 · principal	ENV 0.75 08.15.25	5,500,000	$5.1m0.74%	0.74%	Unchanged
38	GUIDEWIRE SOFTWARE INC NOTE 1.250% 3/1 · principal GWRE 1.25 03.15.25 · principal	GWRE 1.25 03.15.25	5,000,000	$5.1m0.74%	0.74%	Unchanged
39	FORD MTR CO DEL NOTE 3/1 · principal F 0 03.15.26 · principal	F 0 03.15.26	5,000,000	$4.9m0.72%	0.72%	Unchanged
40	REDWOOD TRUST INC NOTE 5.625% 7/1 · principal RWT 5.625 07.15.24 · principal	RWT 5.625 07.15.24	5,000,000	$4.9m0.72%	0.72%	New
41	BENTLEY SYS INC NOTE 0.125% 1/1 · principal BSY 0.125 01.15.26 · principal	BSY 0.125 01.15.26	5,000,000	$4.8m0.70%	0.70%	Unchanged
42	PATRICK INDS INC NOTE 1.750%12/0 · principal PATK 1.75 12.01.28 · principal	PATK 1.75 12.01.28	5,000,000	$4.7m0.69%	0.69%	Unchanged
43	JOHN BEAN TECHNOLOGIES CORP NOTE 0.250% 5/1 · principal JBTM 0.25 05.15.26 · principal	JBTM 0.25 05.15.26	5,000,000	$4.5m0.66%	0.66%	New
44	PROSPECT CAP CORP NOTE 6.375% 3/0 · principal PSEC 6.375 03.01.25 · principal	PSEC 6.375 03.01.25	3,272,000	$3.2m0.47%	0.47%	Unchanged
45	ETSY INC NOTE 0.250% 6/1 · principal ETSY 0.25 06.15.28 · principal	ETSY 0.25 06.15.28	4,000,000	$3.0m0.44%	0.44%	Unchanged
46	CHEGG INC NOTE 0.125% 3/1 · principal CHGG 0.125 03.15.25 · principal	CHGG 0.125 03.15.25	3,000,000	$2.7m0.39%	0.39%	Unchanged
47	DISH NETWORK CORPORATION NOTE 12/1 · principal DISH 0 12.15.25 · principal	DISH 0 12.15.25	4,000,000	$2.7m0.39%	0.39%	Unchanged
48	ETSY INC NOTE 0.125% 9/0 · principal ETSY 0.125 09.01.27 · principal	ETSY 0.125 09.01.27	3,000,000	$2.4m0.35%	0.35%	Unchanged
49	CHEGG INC NOTE 9/0 · principal CHGG 0 09.01.26 · principal	CHGG 0 09.01.26	3,000,000	$2.3m0.34%	0.34%	Unchanged
50	PARK NATL CORP COM PRK	PRK	22,823	$2.2m0.32%	0.32%	Unchanged
51	ARES CAPITAL CORP NOTE 4.625% 3/0 · principal ARCC 4.625 03.01.24 · principal	ARCC 4.625 03.01.24	2,000,000	$2.0m0.30%	0.30%	Unchanged
52	DISH NETWORK CORPORATION NOTE 2.375% 3/1 · principal DISH 2.375 03.15.24 · principal	DISH 2.375 03.15.24	2,000,000	$1.9m0.28%	0.28%	Unchanged
53	SERVISFIRST BANCSHARES INC COM SFBS	SFBS	32,950	$1.7m0.25%	0.25%	Unchanged
54	FORTREA HLDGS INC COMMON STOCK FTRE	FTRE	60,068	$1.7m0.25%	0.25%	New
55	APPLE INC COM AAPL	AAPL	6,759	$1.2m0.17%	0.17%	Reduced -6	-6 -0.1%
56	VITESSE ENERGY INC COMMON STOCK VTS	VTS	49,465	$1.1m0.17%	0.17%	Reduced -118	-118 -0.2%
57	PROCTER AND GAMBLE CO COM PG	PG	6,799	$992.0k0.14%	0.14%	Added +7	+7 0.1%
58	CAPITAL ONE FINL CORP COM COF	COF	9,904	$961.0k0.14%	0.14%	Unchanged
59	ISHARES TR CORE S&P500 ETF IVV	IVV	2,182	$937.0k0.14%	0.14%	Unchanged
60	ALPHABET INC CAP STK CL C GOOG	GOOG	6,856	$904.0k0.13%	0.13%	Reduced -2.2k	-2,162 -24.0%
61	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	5,660	$879.0k0.13%	0.13%	Unchanged
62	JPMORGAN CHASE & CO COM JPM	JPM	5,953	$863.0k0.13%	0.13%	Reduced -1.0k	-1,012 -14.5%
63	ISHARES TR CORE S&P MCP ETF IJH	IJH	3,380	$843.0k0.12%	0.12%	Unchanged
64	CHEVRON CORP NEW COM CVX	CVX	4,768	$804.0k0.12%	0.12%	Added +28	+28 0.6%
65	EXXON MOBIL CORP COM XOM	XOM	6,639	$781.0k0.11%	0.11%	Added +38	+38 0.6%
66	EMERSON ELEC CO COM EMR	EMR	7,638	$738.0k0.11%	0.11%	Reduced -191	-191 -2.4%
67	ISHARES TR CORE S&P SCP ETF IJR	IJR	7,127	$672.0k0.10%	0.10%	Unchanged
68	ABBOTT LABS COM ABT	ABT	6,115	$592.0k0.09%	0.09%	Added +11	+11 0.2%
69	JOHNSON CTLS INTL PLC SHS JCI	JCI	10,805	$575.0k0.08%	0.08%	Unchanged
70	MERCK & CO INC COM MRK	MRK	4,652	$479.0k0.07%	0.07%	Added +105	+105 2.3%
71	MCDONALDS CORP COM MCD	MCD	1,698	$447.0k0.07%	0.07%	Reduced -13	-13 -0.8%
72	PEPSICO INC COM PEP	PEP	2,409	$408.0k0.06%	0.06%	Unchanged
73	BANK NEW YORK MELLON CORP COM BNY	BNY	9,518	$406.0k0.06%	0.06%	Unchanged
74	LINCOLN NATL CORP IND COM LNC	LNC	15,673	$387.0k0.06%	0.06%	Unchanged
75	UNITEDHEALTH GROUP INC COM UNH	UNH	719	$363.0k0.05%	0.05%	Added +4	+4 0.6%
76	BOEING CO COM BA	BA	1,863	$357.0k0.05%	0.05%	Added +11	+11 0.6%
77	UNION PAC CORP COM UNP	UNP	1,557	$317.0k0.05%	0.05%	Unchanged
78	ALTRIA GROUP INC COM MO	MO	6,474	$272.0k0.04%	0.04%	Reduced -859	-859 -11.7%
79	ISHARES TR US CONSUM DISCRE IYC	IYC	4,000	$268.0k0.04%	0.04%	Unchanged
80	HOME DEPOT INC COM HD	HD	873	$264.0k0.04%	0.04%	Added +3	+3 0.3%
81	NVIDIA CORPORATION COM NVDA	NVDA	579	$252.0k0.04%	0.04%	Unchanged
82	WASTE MGMT INC DEL COM WM	WM	1,651	$252.0k0.04%	0.04%	Added +3	+3 0.2%
83	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	701	$251.0k0.04%	0.04%	Unchanged
84	NIKE INC CL B NKE	NKE	2,582	$247.0k0.04%	0.04%	Reduced -28	-28 -1.1%
85	PHILIP MORRIS INTL INC COM PM	PM	2,622	$243.0k0.04%	0.04%	Added +13	+13 0.5%
86	AMEDISYS INC COM AMED	AMED	2,588	$242.0k0.04%	0.04%	Unchanged
87	GE AEROSPACE COM NEW GE	GE	2,140	$237.0k0.03%	0.03%	Reduced -136.5k	-136,472 -98.5%
88	MASTERCARD INCORPORATED CL A MA	MA	577	$228.0k0.03%	0.03%	Unchanged
89	SHELL PLC SPON ADS SHEL	SHEL	3,222	$207.0k0.03%	0.03%	New

Sold out since Q2 2023

Security	Ticker	Shares held before	Value then
REDWOOD TRUST INC RWT 4.75 08.15.23	RWT 4.75 08.15.23	4,700,000	$4.6m4.7m shares
PFIZER INC PFE	PFE	8,147	$299.0k8.1k shares
ORACLE CORP ORCL	ORCL	1,805	$215.0k1.8k shares
COCA COLA CO KO	KO	3,487	$210.0k3.5k shares
HONEYWELL INTL INC		1,000	$207.0k1.0k shares
ISHARES TR IWP	IWP	2,120	$205.0k2.1k shares