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Bretton Capital Management, LLC

CIK:0002043671
Asset Manager
$105M AUM
19 holdings
San Francisco, CA, United States
Founded:2010
2 employees
Latest filing:Sep 30, 2025

Bretton Capital Management, LLC is a registered investment adviser based in San Francisco, CA. Founded in 2010s (exact year unavailable), the firm employs 2 investment professionals. It manages assets for institutional clients — primarily investment companies. Its investment operations are focused on creating value for long-term investors and its reported AUM is $104.5 million as of March 2025.

Investment Strategy

Bretton Capital Management practices focused value investing, selecting a concentrated number of businesses whose fundamental values exceed their market prices. The firm aims for superior long-term results by investing with an extended time horizon, opportunistically deploying capital across asset classes but typically favoring US-based equities with durable business models and strong economic characteristics. Their strategy emphasizes buying securities below intrinsic value and concentrated, disciplined portfolio management.

Latest 13F Filing Activity

Bretton Capital Management, LLC filed their most recent 13F report on Sep 30, 2025 disclosing 18 equity positions with a total 13F market value of $119M. The fund increased holdings in Alphabet Inc. - Class C, Unitedhealth Group Incorporated, Eagle Materials Inc. among other positions. Bretton Capital Management, LLC reduced exposure to Union Pacific Corporation, The Progressive Corporation, S&P Global, Inc. among others.

Top Buys
G
GOOGAlphabet Inc. - Class C
+$3.8M
U
UNHUnitedHealth Group Incorporated
+$2.3M
E
EXPEagle Materials Inc.
+$1.4M
A
AZOAutoZone, Inc.
+$1.2M
T
TJXThe TJX Companies, Inc.
+$989.4K
Top Sells
U
UNPUnion Pacific Corporation
-$3.5M
P
PGRThe Progressive Corporation
-$665.0K
S
SPGIS&P Global, Inc.
-$377.4K
A
AXPAmerican Express Company
+$304.5K
M
MSFTMicrosoft Corporation
+$262.9K

Top Holdings

G
GOOGAlphabet Inc. - Class C
+11.7%$13.9M
A
AZOAutoZone, Inc.
+7.2%$8.6M
P
PGRThe Progressive Corporation
+7.0%$8.2M
A
AXPAmerican Express Company
+6.5%$7.7M
J
JPMJPMorgan Chase & Co.
+6.4%$7.6M

Equity Positions (18)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
G
GOOG
Alphabet Inc. - Class C11.70%$13.9M57,000$167.19$243.55+$3.8M
A
AZO
AutoZone, Inc.7.23%$8.6M2,000$3150.04$4290.24+$1.2M
P
PGR
The Progressive Corporation6.95%$8.2M33,400$253.76$246.95-$665.0K
A
AXP
American Express Company6.47%$7.7M23,100$271.20$332.16+$304.5K
J
JPM
JPMorgan Chase & Co.6.38%$7.6M24,000$210.86$315.43+$612.5K

Industry Allocation

SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+23.4%
NATIONAL COMMERCIAL BANKS
+11.9%
RETAIL-FAMILY CLOTHING STORES
+10.2%
FIRE, MARINE & CASUALTY INSURANCE
+10.1%
SERVICES-BUSINESS SERVICES, NEC
+9.6%