Rahlfs Capital, LLC, managed by Managing Principal Brian Rahlfs, has filed a Form 13F-HR reporting its equity holdings as of September 30, 2026. The filing lists 89 separate positions held by the firm.
The firm's largest holding is Apple Inc., with 12,195,192 shares. Microsoft Corporation follows with 7,597,075 shares. Other significant positions include Newmont Corporation (30,980,322 shares), Berkshire Hathaway Inc. Class B (7,465,266 shares), and Archer Daniels Midland Company (1,890,038 shares).
The portfolio also includes a variety of exchange-traded funds (ETFs) and other securities. Notable ETF holdings include the iShares MSCI Brazil ETF (977,813 shares) and the iShares Silver Trust (930,758 shares). The filing also lists positions in companies such as NVIDIA Corporation, UnitedHealth Group Inc., and Coca-Cola Co.
The filing was submitted on October 22, 2026, and lists the firm's address as 1034 Kiowa Drive East, Lake Kiowa, TX 76240.
