Frederick (Shad) Rowe - Greenbrier Partners Capital Management 13F Activity & Position Changes (Q4 2025)

According to the SEC 13F filed on Feb 13, 2026, the Greenbrier Partners Capital Management portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q4 2025, the filing reported:

New Buys - None reported

Increases - None reported

Reductions - Apple Inc., Amazon.com, Inc., Berkshire Hathaway Inc. New, Costco Wholesale Corporation, Copart, Inc., and 7 more

Complete Exits - Walt Disney Company (The)

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q4 2025	AAPL Apple Inc.	Apple Inc.	Sell	-1,862	-0.1%	$386.43K	1,421,438
Q4 2025	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-820	-0.1%	$144.41K	625,649
Q4 2025	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-3,350	-3.8%	$42.53K	84,614
Q4 2025	COST Costco Wholesale Corporation	Costco Wholesale Corporation	Sell	-293	-0.1%	$193.22K	224,059
Q4 2025	CPRT Copart, Inc.	Copart, Inc.	Sell	-458	-0.1%	$13.69K	349,542
Q4 2025	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell - Position Exit	-202,633	-100.0%	$0.00	-
Q4 2025	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-610	-0.1%	$146.25K	466,049
Q4 2025	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-597	-0.1%	$142.70K	455,906
Q4 2025	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-525	-0.1%	$264.34K	400,457
Q4 2025	MKL Markel Group Inc.	Markel Group Inc.	Sell	-842	-3.1%	$57.13K	26,578
Q4 2025	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-157	-0.1%	$57.88K	119,686
Q4 2025	PYPL PayPal Holdings, Inc.	PayPal Holdings, Inc.	Sell	-27,119	-6.7%	$22.18K	380,012
Q4 2025	SPOT Spotify	Spotify	Sell	-47	-0.1%	$20.66K	35,576