LOCUST WOOD CAPITAL ADVISERS, LLC

NEW YORK, NY · CIK 1349434 · 13F filing filed 2026-08-10

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.

Legal entityLOCUST WOOD CAPITAL ADVISERS, LLC (US)

$4.1bn reported value +12.5% vs Q1 2026

31positions

56.8%in top 10

5 new 13 added 12 reduced 1 sold out vs Q1 2026

Options: 2 call positions ($18.9m notional), 0 put positions (— notional) – listed below, not included above.

Holdings, Q2 2026

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	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	705,818	$337.1m8.16%	8.16%	Reduced -46.1k	-46,093 -6.1%
2	AMAZON COM INC COM AMZN	AMZN	1,253,618	$298.8m7.23%	7.23%	Reduced -359.5k	-359,546 -22.3%
3	NVIDIA CORPORATION COM NVDA	NVDA	1,332,863	$266.7m6.46%	6.46%	Added +155.6k	+155,635 13.2%
4	COMPOSECURE INC COM CL A GPGI	GPGI	14,907,488	$236.3m5.72%	5.72%	Added +1.1m	+1,123,835 8.2%
5	ALPHABET INC CAP STK CL A GOOGL	GOOGL	652,914	$233.3m5.65%	5.65%	Added +131.2k	+131,216 25.1%
6	MICROSOFT CORP COM MSFT	MSFT	594,596	$221.8m5.37%	5.37%	Added +69.2k	+69,223 13.2%
7	VISA INC COM CL A V	V	643,853	$220.9m5.35%	5.35%	Added +104.3k	+104,295 19.3%
8	S&P GLOBAL INC COM SPGI	SPGI	458,435	$186.7m4.52%	4.52%	Added +82.3k	+82,259 21.9%
9	LINDE PLC SHS LIN	LIN	341,028	$177.0m4.28%	4.28%	Reduced -128.1k	-128,103 -27.3%
10	ELEMENT SOLUTIONS INC COM ESI	ESI	3,534,452	$168.8m4.09%	4.09%	Reduced -884.1k	-884,078 -20.0%
11	META PLATFORMS INC CL A META	META	285,026	$160.6m3.89%	3.89%	Reduced -18.4k	-18,389 -6.1%
12	ABBOTT LABS COM ABT	ABT	1,721,705	$156.2m3.78%	3.78%	Added +636.7k	+636,685 58.7%
13	APPLE INC COM AAPL	AAPL	479,152	$138.6m3.36%	3.36%	Reduced -1.6k	-1,631 -0.3%
14	CSX CORP COM CSX	CSX	2,880,572	$136.9m3.31%	3.31%	Reduced -6.7k	-6,650 -0.2%
15	VERTIV HOLDINGS CO COM CL A VRT	VRT	407,747	$136.5m3.30%	3.30%	Reduced -132.5k	-132,546 -24.5%
16	SHERWIN WILLIAMS CO COM SHW	SHW	331,837	$114.3m2.77%	2.77%	Added +81.2k	+81,200 32.4%
17	UNITEDHEALTH GROUP INC COM UNH	UNH	254,400	$105.7m2.56%	2.56%	New
18	RESOLUTE HLDGS MGMT INC COM RHLD	RHLD	709,242	$102.5m2.48%	2.48%	Added +172.4k	+172,369 32.1%
19	AMRIZE LTD SHS AMRZ	AMRZ	1,891,215	$100.8m2.44%	2.44%	New
20	STERIS PLC SHS USD STE	STE	455,866	$96.0m2.32%	2.32%	Added +58.7k	+58,748 14.8%
21	WASTE MGMT INC DEL COM WM	WM	424,279	$94.6m2.29%	2.29%	Added +12.5k	+12,472 3.0%
22	PG&E CORP COM PCG	PCG	5,309,798	$89.3m2.16%	2.16%	Reduced -2.9m	-2,918,118 -35.5%
23	GE HEALTHCARE TECHNOLOGIES I COMMON STOCK GEHC	GEHC	1,174,983	$75.2m1.82%	1.82%	Reduced -951.9k	-951,895 -44.8%
24	HONEYWELL INTL INC COM HON	HON	256,053	$57.3m1.39%	1.39%	New
25	HONEYWELL AEROSPACE INC COM HONA	HONA	256,418	$56.7m1.37%	1.37%	New
26	ELI LILLY & CO COM LLY	LLY	39,718	$47.6m1.15%	1.15%	Added +19.3k	+19,324 94.8%
27	SUNCOR ENERGY INC NEW COM SU	SU	881,307	$47.3m1.15%	1.15%	Reduced -7.5k	-7,474 -0.8%
28	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	66,424	$33.2m0.80%	0.80%	Added +597	+597 0.9%
29	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	23	$17.2m0.42%	0.42%	Unchanged
30	COUPANG INC CL A CPNG	CPNG	877,735	$15.2m0.37%	0.37%	New
31	CANADIAN PACIFIC KANSAS CITY COM CP	CP	20,730	$1.8m0.04%	0.04%	Reduced -630.5k	-630,520 -96.8%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
RESIDEO TECHNOLOGIES INC REZI	REZI	3,162,409	$106.6m3.2m shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
VISA INC V · Call	V	Call	31,000	$10.6m31.0k shares	New
PG&E CORP PCG · Call	PCG	Call	488,800	$8.2m488.8k shares	Reduced

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
RESOLUTE HLDGS MGMT INC RHLD · 13G · filed 2026-08-13	RHLD	8.7%≈ $104.2m	+2.3 pts	13G	2026-08-13
COMPOSECURE INC GPGI · 13G · filed 2026-06-22	GPGI	5.1%≈ $236.1m	-3.0 pts	13G	2026-06-22