EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC

Miamisburg, OH · CIK 1080382 · 13F filing filed 2025-02-03

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)

$758.2m reported value -1.1% vs Q3 2024

90positions

38.7%in top 10

8 new 24 added 21 reduced 6 sold out vs Q3 2024

Holdings, Q4 2024

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	BROOKFIELD CORP CL A LTD VT SH BN	BN	687,034	$39.5m5.21%	5.21%	Reduced -10.9k	-10,881 -1.6%
2	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	81,125	$36.8m4.85%	4.85%	Added +112	+112 0.1%
3	PAYPAL HLDGS INC COM PYPL	PYPL	423,749	$36.2m4.77%	4.77%	Reduced -10.6k	-10,628 -2.5%
4	DISNEY WALT CO COM DIS	DIS	282,542	$31.5m4.15%	4.15%	Added +2.3k	+2,285 0.8%
5	INTERNATIONAL FLAVORS&FRAGRA COM IFF	IFF	357,326	$30.2m3.98%	3.98%	Added +45.2k	+45,222 14.5%
6	MEDTRONIC PLC SHS MDT	MDT	323,959	$25.9m3.41%	3.41%	Added +646	+646 0.2%
7	CARMAX INC COM KMX	KMX	308,954	$25.3m3.33%	3.33%	Reduced -487	-487 -0.2%
8	ZIMMER BIOMET HOLDINGS INC COM ZBH	ZBH	233,456	$24.7m3.25%	3.25%	Added +3.1k	+3,128 1.4%
9	LOEWS CORP COM L	L	261,277	$22.1m2.92%	2.92%	Added +479	+479 0.2%
10	JOHNSON CTLS INTL PLC SHS JCI	JCI	272,959	$21.5m2.84%	2.84%	Reduced -8.3k	-8,321 -3.0%
11	WARNER BROS DISCOVERY INC COM SER A WBD	WBD	2,000,586	$21.1m2.79%	2.79%	Reduced -148.3k	-148,287 -6.9%
12	FORTIVE CORP COM FTV	FTV	277,771	$20.8m2.75%	2.75%	Added +921	+921 0.3%
13	KENVUE INC COM KVUE	KVUE	961,138	$20.5m2.71%	2.71%	Added +4.1k	+4,086 0.4%
14	KROGER CO COM KR	KR	329,729	$20.2m2.66%	2.66%	Reduced -1.7k	-1,687 -0.5%
15	JOHNSON & JOHNSON COM JNJ	JNJ	138,033	$20.0m2.63%	2.63%	Added +2.8k	+2,840 2.1%
16	BROWN FORMAN CORP CL B BF.B	BF.B	522,368	$19.8m2.62%	2.62%	Added +179.2k	+179,213 52.2%
17	LOCKHEED MARTIN CORP COM LMT	LMT	37,177	$18.1m2.38%	2.38%	Added +191	+191 0.5%
18	MICROSOFT CORP COM MSFT	MSFT	40,939	$17.3m2.28%	2.28%	Reduced -202	-202 -0.5%
19	WELLS FARGO CO NEW COM WFC	WFC	240,004	$16.9m2.22%	2.22%	Reduced -110.7k	-110,723 -31.6%
20	VONTIER CORPORATION COM VNT	VNT	459,314	$16.8m2.21%	2.21%	Added +477	+477 0.1%
21	CNH INDL N V SHS CNH	CNH	1,419,245	$16.1m2.12%	2.12%	New
22	GENTEX CORP COM GNTX	GNTX	559,239	$16.1m2.12%	2.12%	Added +3.9k	+3,887 0.7%
23	GARRETT MOTION INC COM GTX	GTX	1,710,090	$15.4m2.04%	2.04%	New
24	POLARIS INC COM PII	PII	265,517	$15.3m2.02%	2.02%	Added +68.5k	+68,537 34.8%
25	ALPHABET INC CAP STK CL A GOOGL	GOOGL	78,878	$14.9m1.97%	1.97%	Reduced -877	-877 -1.1%
26	ETSY INC COM ETSY	ETSY	268,956	$14.2m1.88%	1.88%	Reduced -23.0k	-23,027 -7.9%
27	VANECK ETF TRUST MRNGSTR WDE MOAT MOAT	MOAT	150,528	$14.0m1.84%	1.84%	Added +75.5k	+75,494 100.6%
28	CNX RES CORP COM CNX	CNX	380,212	$13.9m1.84%	1.84%	Reduced -159.7k	-159,665 -29.6%
29	SCHLUMBERGER LTD COM STK SLB	SLB	352,002	$13.5m1.78%	1.78%	New
30	NATURAL RESOURCE PARTNERS L COM UNIT LTD PAR NRP	NRP	117,400	$13.0m1.72%	1.72%	Added +200	+200 0.2%
31	CENCORA INC COM COR	COR	56,805	$12.8m1.68%	1.68%	Added +331	+331 0.6%
32	CONSOL ENERGY INC NEW COM COM		92,912	$9.9m1.31%	1.31%	Reduced -1.3k	-1,276 -1.4%
33	WALGREENS BOOTS ALLIANCE INC COM WBA	WBA	986,764	$9.2m1.21%	1.21%	Reduced -52.6k	-52,573 -5.1%
34	ISHARES TR ISHS 1-5YR INVS IGSB	IGSB	136,017	$7.0m0.93%	0.93%	Reduced -1.1k	-1,109 -0.8%
35	SPOTIFY USA INC NOTE 3/1 · principal SPOT 0 03.15.26 · principal	SPOT 0 03.15.26	6,000,000	$6.4m0.84%	0.84%	Unchanged
36	AIRBNB INC NOTE 3/1 · principal ABNB 0 03.15.26 · principal	ABNB 0 03.15.26	6,000,000	$5.6m0.74%	0.74%	Unchanged
37	TRIPADVISOR INC NOTE 0.250% 4/0 · principal TRIP 0.25 04.01.26 · principal	TRIP 0.25 04.01.26	6,000,000	$5.6m0.74%	0.74%	Unchanged
38	ENVESTNET INC NOTE 0.750% 8/1 · principal ENV 0.75 08.15.25 · principal	ENV 0.75 08.15.25	5,500,000	$5.5m0.72%	0.72%	Unchanged
39	PATRICK INDS INC NOTE 1.750%12/0 · principal PATK 1.75 12.01.28 · principal	PATK 1.75 12.01.28	4,000,000	$5.4m0.72%	0.72%	Unchanged
40	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	$5.0m0.65%	0.65%	Unchanged
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	$4.8m0.64%	0.64%	Unchanged
42	FORD MTR CO DEL NOTE 3/1 · principal F 0 03.15.26 · principal	F 0 03.15.26	5,000,000	$4.8m0.64%	0.64%	Unchanged
43	PARK NATL CORP COM PRK	PRK	22,823	$3.9m0.52%	0.52%	Unchanged
44	ETSY INC NOTE 0.250% 6/1 · principal ETSY 0.25 06.15.28 · principal	ETSY 0.25 06.15.28	4,000,000	$3.3m0.43%	0.43%	Unchanged
45	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	$3.2m0.43%	0.43%	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	$2.9m0.38%	0.38%	Unchanged
47	SERVISFIRST BANCSHARES INC COM SFBS	SFBS	32,950	$2.8m0.37%	0.37%	Unchanged
48	VANECK ETF TRUST MORNINGSTAR SMID SMOT	SMOT	80,962	$2.8m0.37%	0.37%	Added +1.1k	+1,131 1.4%
49	ETSY INC NOTE 0.125% 9/0 · principal ETSY 0.125 09.01.27 · principal	ETSY 0.125 09.01.27	3,000,000	$2.6m0.34%	0.34%	Unchanged
50	CHEGG INC NOTE 9/0 · principal CHGG 0 09.01.26 · principal	CHGG 0 09.01.26	3,000,000	$2.4m0.32%	0.32%	Unchanged
51	APPLE INC COM AAPL	AAPL	8,308	$2.1m0.27%	0.27%	Added +172	+172 2.1%
52	PROCTER AND GAMBLE CO COM PG	PG	7,345	$1.2m0.16%	0.16%	Added +100	+100 1.4%
53	JPMORGAN CHASE & CO COM JPM	JPM	4,907	$1.2m0.16%	0.16%	Reduced -15	-15 -0.3%
54	NVIDIA CORPORATION COM NVDA	NVDA	7,017	$942.0k0.12%	0.12%	Added +910	+910 14.9%
55	EXXON MOBIL CORP COM XOM	XOM	8,678	$933.0k0.12%	0.12%	Unchanged
56	BENTLEY SYS INC NOTE 0.375% 7/0 · principal BSY 0.375 07.01.27 · principal	BSY 0.375 07.01.27	1,000,000	$901.0k0.12%	0.12%	Unchanged
57	CISCO SYS INC COM CSCO	CSCO	14,901	$882.0k0.12%	0.12%	Reduced -515.0k	-514,998 -97.2%
58	CHEVRON CORP NEW COM CVX	CVX	5,423	$785.0k0.10%	0.10%	Unchanged
59	AMEDISYS INC COM AMED	AMED	8,501	$772.0k0.10%	0.10%	Added +62	+62 0.7%
60	BANK NEW YORK MELLON CORP COM BNY	BNY	9,002	$692.0k0.09%	0.09%	Reduced -264	-264 -2.9%
61	GOLDMAN SACHS GROUP INC COM GS	GS	1,127	$645.0k0.09%	0.09%	Reduced -28.2k	-28,169 -96.2%
62	HOME DEPOT INC COM HD	HD	1,363	$530.0k0.07%	0.07%	Unchanged
63	MERCK & CO INC COM MRK	MRK	5,298	$527.0k0.07%	0.07%	Unchanged
64	BROADCOM INC COM AVGO	AVGO	2,150	$498.0k0.07%	0.07%	Reduced -700	-700 -24.6%
65	LINCOLN NATL CORP IND COM LNC	LNC	15,673	$497.0k0.07%	0.07%	Unchanged
66	UNITEDHEALTH GROUP INC COM UNH	UNH	925	$468.0k0.06%	0.06%	Unchanged
67	PEPSICO INC COM PEP	PEP	2,997	$456.0k0.06%	0.06%	Unchanged
68	BOEING CO COM BA	BA	2,391	$423.0k0.06%	0.06%	Reduced -20	-20 -0.8%
69	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	801	$409.0k0.05%	0.05%	Unchanged
70	WASTE MGMT INC DEL COM WM	WM	1,969	$397.0k0.05%	0.05%	Added +3	+3 0.1%
71	ISHARES TR US CONSUM DISCRE IYC	IYC	4,000	$385.0k0.05%	0.05%	Unchanged
72	MCDONALDS CORP COM MCD	MCD	1,296	$376.0k0.05%	0.05%	Unchanged
73	GE AEROSPACE COM NEW GE	GE	2,099	$350.0k0.05%	0.05%	Reduced -35	-35 -1.6%
74	UNION PAC CORP COM UNP	UNP	1,531	$349.0k0.05%	0.05%	Unchanged
75	ISHARES TR CORE S&P500 ETF IVV	IVV	585	$344.0k0.05%	0.05%	Unchanged
76	WALMART INC COM WMT	WMT	3,777	$341.0k0.04%	0.04%	Unchanged
77	ORACLE CORP COM ORCL	ORCL	1,800	$300.0k0.04%	0.04%	Unchanged
78	TESLA INC COM TSLA	TSLA	720	$291.0k0.04%	0.04%	New
79	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	5,665	$274.0k0.04%	0.04%	Unchanged
80	ISHARES TR RUS MD CP GR ETF IWP	IWP	2,120	$269.0k0.04%	0.04%	Unchanged
81	AMAZON COM INC COM AMZN	AMZN	1,175	$258.0k0.03%	0.03%	New
82	CATERPILLAR INC COM CAT	CAT	705	$256.0k0.03%	0.03%	Added +1	+1 0.1%
83	PHILIP MORRIS INTL INC COM PM	PM	2,039	$245.0k0.03%	0.03%	Unchanged
84	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	1,010	$222.0k0.03%	0.03%	Unchanged
85	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	927	$216.0k0.03%	0.03%	Unchanged
86	3M CO COM MMM	MMM	1,642	$212.0k0.03%	0.03%	Unchanged
87	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	3,687	$209.0k0.03%	0.03%	New
88	SHELL PLC SPON ADS SHEL	SHEL	3,222	$202.0k0.03%	0.03%	Unchanged
89	MORGAN STANLEY COM NEW MS	MS	1,597	$201.0k0.03%	0.03%	New
90	HONEYWELL INTL INC COM COM		887	$200.0k0.03%	0.03%	New

Sold out since Q3 2024

Security	Ticker	Shares held before	Value then
CITIGROUP INC C	C	164,167	$10.3m164.2k shares
GUIDEWIRE SOFTWARE INC GWRE 1.25 03.15.25	GWRE 1.25 03.15.25	4,000,000	$6.4m4.0m shares
CAPITAL ONE FINL CORP COF	COF	9,904	$1.5m9.9k shares
TRAVELERS COMPANIES INC TRV	TRV	1,615	$378.0k1.6k shares
ALIBABA GROUP HLDG LTD BABA	BABA	2,000	$212.0k2.0k shares
ABBVIE INC ABBV	ABBV	1,038	$205.0k1.0k shares