BEDDOW CAPITAL MANAGEMENT INC

JACKSON, WY · CIK 1278641 · 13F filing filed 2026-02-11

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyJackson, WY

$264.9m reported value -2.4% vs Q3 2025

55positions

50.2%in top 10

1 new 10 added 36 reduced 1 sold out vs Q3 2025

Holdings, Q4 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	TEXAS PAC LD TR SUB CTF PROP I T TPL	TPL	68,241	$19.6m7.40%	7.40%	Added +45.6k	+45,642 202.0%
2	Investor AB 'B' ORD INVEB	INVEB	459,474	$16.3m6.15%	6.15%	Reduced -15.7k	-15,670 -3.3%
3	DOLLAR GEN CORP NEW COM DG	DG	113,995	$15.1m5.71%	5.71%	Reduced -8.8k	-8,755 -7.1%
4	MESABI TR CTF BEN INT MSB	MSB	352,805	$13.6m5.13%	5.13%	Reduced -13.1k	-13,124 -3.6%
5	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	45,790	$13.6m5.12%	5.12%	Reduced -4.2k	-4,178 -8.4%
6	Bladex Inc COM BLX	BLX	294,135	$13.1m4.95%	4.95%	Reduced -10.7k	-10,735 -3.5%
7	FRANCO NEV CORP COM FNV	FNV	51,272	$10.6m4.01%	4.01%	Reduced -1.5k	-1,460 -2.8%
8	WHEATON PRECIOUS METALS CORP COM WPM	WPM	89,943	$10.6m3.99%	3.99%	Reduced -3.3k	-3,300 -3.5%
9	AUTOLIV INC COM ALV	ALV	88,810	$10.5m3.98%	3.98%	Reduced -2.4k	-2,390 -2.6%
10	JOHNSON & JOHNSON COM JNJ	JNJ	48,425	$10.0m3.78%	3.78%	Reduced -1.4k	-1,415 -2.8%
11	Siemens AG COM SIEGY	SIEGY	71,555	$10.0m3.78%	3.78%	Reduced -2.4k	-2,445 -3.3%
12	ABB LTD SPONSORED ADR ABBNY	ABBNY	124,815	$9.2m3.49%	3.49%	Reduced -4.8k	-4,750 -3.7%
13	CITIGROUP PFD C V0 10.30.40	C V0 10.30.40	289,455	$8.7m3.30%	3.30%	Reduced -4.5k	-4,525 -1.5%
14	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	15,736	$7.9m2.99%	2.99%	Reduced -1.3k	-1,270 -7.5%
15	Nestle SA ADR COM NSRGY	NSRGY	73,394	$7.2m2.74%	2.74%	Reduced -340	-340 -0.5%
16	Subaru Corp ADR FUJHY	FUJHY	583,121	$6.3m2.36%	2.36%	Reduced -12.2k	-12,250 -2.1%
17	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	8	$6.0m2.28%	2.28%	Added +1	+1 14.3%
18	ABBVIE INC COM ABBV	ABBV	25,725	$5.9m2.22%	2.22%	Reduced -4.7k	-4,700 -15.4%
19	CHENIERE ENERGY INC COM NEW LNG	LNG	28,740	$5.6m2.11%	2.11%	Reduced -1.0k	-1,025 -3.4%
20	DIAMONDBACK ENERGY INC COM FANG	FANG	35,155	$5.3m2.00%	2.00%	Added +2.2k	+2,195 6.7%
21	COTERRA ENERGY INC COM CTRA	CTRA	194,974	$5.1m1.94%	1.94%	Reduced -4.0k	-4,020 -2.0%
22	CHORD ENERGY CORPORATION COM NEW CHRD	CHRD	52,535	$4.9m1.84%	1.84%	Reduced -3.7k	-3,705 -6.6%
23	ORGANON & CO COMMON STOCK OGN	OGN	666,725	$4.8m1.80%	1.80%	Added +15.9k	+15,935 2.5%
24	ConocoPhillips Company COM COP 7 03.30.29	COP 7 03.30.29	48,380	$4.5m1.71%	1.71%	Reduced -3.8k	-3,825 -7.3%
25	Pilot Corporation ORD POGHF	POGHF	145,306	$4.5m1.70%	1.70%	Reduced -4.1k	-4,145 -2.8%
26	SKF AB SPONSORED ADR ADR SKFRY	SKFRY	164,511	$4.4m1.64%	1.64%	Reduced -9.8k	-9,800 -5.6%
27	SHELL PLC SPON ADS SHEL	SHEL	57,076	$4.2m1.58%	1.58%	Reduced -1.4k	-1,425 -2.4%
28	EOG RES INC COM EOG	EOG	36,960	$3.9m1.47%	1.47%	Reduced -1.4k	-1,375 -3.6%
29	COPART INC COM CPRT	CPRT	94,590	$3.7m1.40%	1.40%	Added +29.1k	+29,105 44.5%
30	Accelleron Industries AG ORD ADR ACLIF	ACLIF	47,473	$3.7m1.38%	1.38%	Reduced -2.0k	-2,040 -4.1%
31	METTLER TOLEDO INTERNATIONAL COM MTD	MTD	2,347	$3.3m1.24%	1.24%	Unchanged
32	ALPHABET INC CAP STK CL A GOOGL	GOOGL	4,300	$1.3m0.51%	0.51%	Reduced -200	-200 -4.4%
33	AMAZON COM INC COM AMZN	AMZN	5,580	$1.3m0.49%	0.49%	Reduced -75	-75 -1.3%
34	AUTOZONE INC COM AZO	AZO	265	$899.0k0.34%	0.34%	Unchanged
35	FRMO Corporation COM FRMO	FRMO	96,702	$706.0k0.27%	0.27%	Added +2.8k	+2,825 3.0%
36	APPLE INC COM AAPL	AAPL	2,550	$693.0k0.26%	0.26%	Unchanged
37	NOVARTIS AG SPONSORED ADR NVS	NVS	4,940	$681.0k0.26%	0.26%	Added +490	+490 11.0%
38	PERSHING SQUARE HL ORDF ADR PSHZF	PSHZF	10,175	$663.0k0.25%	0.25%	Unchanged
39	MEXCO ENERGY CORP COM MXC	MXC	62,295	$617.0k0.23%	0.23%	Added +21.4k	+21,434 52.5%
40	MERCK & CO INC COM MRK	MRK	5,850	$616.0k0.23%	0.23%	Reduced -1.1k	-1,075 -15.5%
41	3M CO COM MMM	MMM	3,705	$593.0k0.22%	0.22%	Reduced -1.9k	-1,950 -34.5%
42	ORACLE CORP COM ORCL	ORCL	2,465	$480.0k0.18%	0.18%	Reduced -16.2k	-16,210 -86.8%
43	ALLSTATE CORP COM ALL	ALL	2,250	$468.0k0.18%	0.18%	Unchanged
44	PFIZER INC COM PFE	PFE	18,770	$467.0k0.18%	0.18%	Reduced -16.0k	-16,000 -46.0%
45	BUILDERS FIRSTSOURCE INC COM BLDR	BLDR	4,410	$454.0k0.17%	0.17%	Added +175	+175 4.1%
46	AZZ INC COM AZZ	AZZ	4,000	$429.0k0.16%	0.16%	Reduced -100	-100 -2.4%
47	CHEVRON CORP NEW COM CVX	CVX	2,560	$390.0k0.15%	0.15%	Added +175	+175 7.3%
48	MICROSOFT CORP COM MSFT	MSFT	790	$382.0k0.14%	0.14%	Reduced -10	-10 -1.2%
49	TRIPLE FLAG PRECIOUS METAL COM TFPM	TFPM	10,750	$357.0k0.13%	0.13%	Unchanged
50	TIMKEN CO COM TKR	TKR	3,875	$326.0k0.12%	0.12%	Unchanged
51	VIATRIS INC COM VTRS	VTRS	25,570	$318.0k0.12%	0.12%	Reduced -4.5k	-4,500 -15.0%
52	CATERPILLAR INC COM CAT	CAT	550	$315.0k0.12%	0.12%	Reduced -50	-50 -8.3%
53	OLYMPIC STEEL INC COM ZEUS	ZEUS	5,000	$214.0k0.08%	0.08%	New
54	Surface Oncology Inc. RTS RTS		20,000	$21.0k0.01%	0.01%	Unchanged
55	BRISTOL-MYERS SQUIBB CO RIGHT 99/99/9999 BMY-R	BMY-R	505,289	$00.00%	0.00%	Reduced -17.5k	-17,500 -3.4%

Sold out since Q3 2025

Security	Ticker	Shares held before	Value then
KEWEENAW LD ASSN LTD COM KEWL	KEWL	7,652	$291.0k7.7k shares