# Arnold Van Den Berg — Century Management Portfolio USD 473,339,000 · 120 positions · 2026 Q2 · history from 2024 Q2. Source: quarterly 13F filings via dataroma.com. Page: https://gigainvestors.com/VAN ## Positions (2026 Q2) | Ticker | Company | % of portfolio | Value | This quarter | Holders | |---|---|---:|---:|---|---:| | DELL | Dell Technologies Inc. | 5.7% | USD 26,877,000 | -20.42% | | | PHYS | Sprott Physical Gold Trust | 5.3% | USD 25,041,000 | -0.6% | | | INTC | Intel Corp. | 4.2% | USD 19,767,000 | -43.34% | | | LUMN | Lumen Technologies Inc. | 3.9% | USD 18,303,000 | -1.84% | | | XOM | ExxonMobil Holdings Corp. | 3.7% | USD 17,277,000 | -6.34% | | | SA | Seabridge Gold Inc. | 3.5% | USD 16,679,000 | -1.53% | | | COHR | Coherent Corp. | 3.5% | USD 16,586,000 | -34.85% | | | GOOG | Alphabet Inc. CL C | 3.4% | USD 15,930,000 | -2.88% | | | FANG | Diamondback Energy Inc. | 3.0% | USD 14,291,000 | -2% | | | EQT | EQT Corp. | 2.5% | USD 11,826,000 | -1.61% | | | UNH | United Health Group Inc. | 2.4% | USD 11,505,000 | -4.18% | | | QCOM | QUALCOMM Inc. | 2.4% | USD 11,496,000 | +0.15% | | | BRK.B | Berkshire Hathaway CL B | 2.4% | USD 11,242,000 | -4.31% | | | IBM | International Business Machines | 2.4% | USD 11,171,000 | +7.53% | | | ELV | Elevance Health Inc. | 2.3% | USD 10,640,000 | -2.13% | | | MSFT | Microsoft Corp. | 2.2% | USD 10,354,000 | +0.95% | | | BN | Brookfield Corp. | 2.1% | USD 9,853,000 | -2.26% | | | PR | Permian Resources Corp. | 2.0% | USD 9,327,000 | -1.99% | | | SWK | Stanley Black & Decker Inc. | 1.9% | USD 9,097,000 | +4.83% | | | CI | Cigna Group | 1.8% | USD 8,619,000 | +0.49% | | | DHR | Danaher Corp. | 1.7% | USD 8,196,000 | +18.77% | | | TKR | Timken Co. | 1.7% | USD 8,162,000 | -5.27% | | | CMCO | Columbus McKinnon Corp. | 1.7% | USD 8,089,000 | +11.77% | | | VNT | Vontier Corp. | 1.7% | USD 8,031,000 | +24.64% | | | ACGL | Arch Capital Group Ltd. | 1.7% | USD 7,922,000 | +0.66% | | | SLB | Schlumberger Ltd. | 1.7% | USD 7,788,000 | -3.09% | | | ILMN | Illumina Inc. | 1.6% | USD 7,668,000 | -2.61% | | | SW | Smurfit Westrock Plc | 1.5% | USD 7,255,000 | -2.53% | | | TMO | Thermo Fisher Scientific | 1.5% | USD 7,164,000 | +1.01% | | | GNRC | Generac Holdings Inc. | 1.4% | USD 6,535,000 | -2.09% | | | INTU | Intuit Inc. | 1.4% | USD 6,530,000 | +264.25% | | | DIS | Walt Disney Co. | 1.4% | USD 6,461,000 | +1.17% | | | ST | Sensata Technologies Holding | 1.3% | USD 6,008,000 | -1.91% | | | WDAY | Workday Inc. | 1.3% | USD 5,979,000 | +28.86% | | | CRK | Comstock Resources Inc. | 1.3% | USD 5,954,000 | +0.75% | | | MKTX | MarketAxess Holdings Inc. | 1.3% | USD 5,908,000 | +65.66% | | | FTV | Fortive Corp. | 1.0% | USD 4,912,000 | +27.15% | | | CME | CME Group | 1.0% | USD 4,878,000 | +19.41% | | | VTOL | Bristow Group Inc. | 1.0% | USD 4,479,000 | +16.65% | | | TREX | Trex Company Inc. | 0.9% | USD 4,309,000 | +1.46% | | | APH | Amphenol Corp. | 0.8% | USD 3,816,000 | new | | | FDX | FedEx Corp. | 0.8% | USD 3,706,000 | -2.26% | | | VRSN | Verisign Inc. | 0.8% | USD 3,552,000 | -1.59% | | | META | Meta Platforms Inc. | 0.7% | USD 3,334,000 | -2.28% | | | BAC | Bank of America Corp. | 0.6% | USD 2,884,000 | -2.16% | | | BAM | Brookfield Asset Management | 0.6% | USD 2,800,000 | +48.35% | | | UPS | United Parcel Service | 0.6% | USD 2,747,000 | +1.43% | | | DVN | Devon Energy Corp. | 0.6% | USD 2,599,000 | +117.07% | | | MCO | Moody's Corp. | 0.6% | USD 2,585,000 | -2.44% | | | COP | ConocoPhillips | 0.5% | USD 2,574,000 | -40.71% | | | CRGY | Crescent Energy Inc A | 0.5% | USD 2,243,000 | +0.54% | | | RSP | Invesco S&P 500 Equal Weight | 0.2% | USD 1,020,000 | +1.27% | | | LBRT | Liberty Oilfield Services Inc. | 0.2% | USD 996,000 | -0.33% | | | OVV | Ovintiv Inc. | 0.2% | USD 976,000 | -3.97% | | | VIG | Vanguard Dividend Apprec ETF | 0.2% | USD 974,000 | +1.3% | | | GDXJ | Vaneck Junior Gold Miners | 0.2% | USD 950,000 | -6.58% | | | VTI | Vanguard Total Stock Mkt ETF | 0.2% | USD 903,000 | -7.5% | | | ERO | Ero Copper Corp | 0.2% | USD 893,000 | -0.6% | | | MA | Mastercard Inc. | 0.2% | USD 798,000 | -2.2% | | | NOG | Northern Oil and Gas Inc. | 0.2% | USD 776,000 | +1.04% | | | CVX | Chevron Corp. | 0.2% | USD 761,000 | -10.22% | | | AEM | Agnico-Eagle Mines Ltd. | 0.2% | USD 739,000 | hold | | | FNDF | Schwab Fndmn Intl Lrg Co ETF | 0.2% | USD 731,000 | -5.75% | | | VEA | Vanguard FTSE Developed ETF | 0.2% | USD 724,000 | -4.59% | | | PSLV | Sprott Physical Silver Trust | 0.2% | USD 717,000 | hold | | | XLE | Energy Select Sector SPDR | 0.2% | USD 697,000 | -2.63% | | | BTE | Baytex Energy Corp. | 0.1% | USD 659,000 | -0.75% | | | MOAT | Vaneck Morningstar Wide Moat | 0.1% | USD 643,000 | -6.76% | | | VOO | Vanguard S&P 500 ETF | 0.1% | USD 599,000 | -22.63% | | | VYM | Vanguard High Dvd Yield ETF | 0.1% | USD 559,000 | -3.02% | | | SU | Suncor Energy Inc. | 0.1% | USD 489,000 | -0.14% | | | XOP | SPDR S&P Oil & Gas Exploration & Production ETF | 0.1% | USD 434,000 | -3.5% | | | AMZN | Amazon.com Inc. | 0.1% | USD 431,000 | hold | | | SPSM | Ss SPDR P S&P 600 Small Cap | 0.1% | USD 402,000 | -3.78% | | | VYMI | Vanguard Int High Dvd Yld In | 0.1% | USD 394,000 | +1.39% | | | TXN | Texas Instruments | 0.1% | USD 386,000 | -40.04% | | | NVDA | NVIDIA Corp. | 0.1% | USD 297,000 | -4.81% | | | EG | Everest Group Ltd | 0.1% | USD 294,000 | -24.03% | | | GE | GE Aerospace | 0.1% | USD 292,000 | -0.51% | | | AR | Antero Resources | 0.1% | USD 269,000 | -4.05% | | | HL | Hecla Mining Co. | 0.1% | USD 262,000 | hold | | | AAPL | Apple Inc. | 0.1% | USD 261,000 | hold | | | CW | Curtiss-Wright Corp. | 0.1% | USD 248,000 | hold | | | CEF | Sprott Physical Gold And Sil | 0.1% | USD 239,000 | -0.63% | | | RRC | Range Resources Corp. | 0.1% | USD 238,000 | hold | | | T | AT&T Inc. | 0.1% | USD 236,000 | -0.52% | | | DIA | SPDR Djia Trust | 0.1% | USD 232,000 | -21.97% | | | TALO | Talos Energy Inc. | 0.1% | USD 231,000 | hold | | | GEV | Ge Vernova Inc | 0.1% | USD 227,000 | new | | | URA | Global X Uranium ETF | 0.1% | USD 220,000 | -17.6% | | | VHT | Vanguard Health Care ETF | <0.1% | USD 144,000 | -1.64% | | | GDX | VanEck Vectors Gold Miners ETF | <0.1% | USD 120,000 | hold | | | WEAT | Teucrium Wheat Fund | <0.1% | USD 108,000 | new | | | FNDE | Schwab Fndmntl Em Mrk Eq ETF | <0.1% | USD 104,000 | -1.21% | | | RIG | Transocean Ltd. | <0.1% | USD 89,000 | -34.16% | | | GOOGL | Alphabet Inc. | <0.1% | USD 76,000 | hold | | | VGT | Vanguard Info Tech ETF | <0.1% | USD 72,000 | hold | | | REI | Ring Energy Inc. | <0.1% | USD 70,000 | +21.06% | | | CORN | Teucrium Corn Fund | <0.1% | USD 67,000 | new | | | SCHD | Schwab Us Dvd Equity ETF | <0.1% | USD 60,000 | hold | | | TAGS | Teucrium Agricultural Fund | <0.1% | USD 48,000 | new | | | VIGI | Vanguard Int Div App Indx Fd | <0.1% | USD 41,000 | +62.69% | | | VPU | Vanguard Utilities ETF | <0.1% | USD 32,000 | hold | | | VV | Vanguard Large Cap ETF | <0.1% | USD 27,000 | -8.14% | | | COPX | Global X Copper Miners ETF | 0.0% | USD 21,000 | hold | | | NAK | Northern Dynasty Minerals Ltd | 0.0% | USD 19,000 | hold | | | SCHC | Schwab Intl Small Cap Equity | 0.0% | USD 14,000 | new | | | SIL | Global X Silver Miners ETF | 0.0% | USD 14,000 | hold | | | VUG | Vanguard Growth ETF | 0.0% | USD 11,000 | hold | | | DJD | Invesco Dow Jones Industrial | 0.0% | USD 10,000 | hold | | | VTV | Vanguard Value ETF | 0.0% | USD 10,000 | -12.96% | | | NLR | Vaneck Urani & Nuclr ETF Usd | 0.0% | USD 8,000 | -67.59% | | | VBR | Vanguard Small Cap Value ETF | 0.0% | USD 7,000 | -11.76% | | | XLF | Financial Select Sector SPDR | 0.0% | USD 7,000 | hold | | | SCHH | Schwab Us Reit ETF | 0.0% | USD 4,000 | hold | | | XES | Ss SPDR S&P Og Eqp & Serv | 0.0% | USD 4,000 | hold | | | VB | Vanguard Small Cap ETF | 0.0% | USD 2,000 | hold | | | VNQ | Vanguard Real Estate ETF | 0.0% | USD 2,000 | hold | | | MORT | Vaneck Mortgage Reit Income | 0.0% | USD 1,000 | hold | | | XLK | Technology Select Sect SPDR | 0.0% | USD 1,000 | hold | | ## Moves this quarter (114) - DELL Dell Technologies Inc.: -20.42% (USD 26,877,000) - PHYS Sprott Physical Gold Trust: -0.6% (USD 25,041,000) - INTC Intel Corp.: -43.34% (USD 19,767,000) - LUMN Lumen Technologies Inc.: -1.84% (USD 18,303,000) - XOM ExxonMobil Holdings Corp.: -6.34% (USD 17,277,000) - SA Seabridge Gold Inc.: -1.53% (USD 16,679,000) - COHR Coherent Corp.: -34.85% (USD 16,586,000) - GOOG Alphabet Inc. CL C: -2.88% (USD 15,930,000) - FANG Diamondback Energy Inc.: -2% (USD 14,291,000) - EQT EQT Corp.: -1.61% (USD 11,826,000) - UNH United Health Group Inc.: -4.18% (USD 11,505,000) - QCOM QUALCOMM Inc.: +0.15% (USD 11,496,000) - BRK.B Berkshire Hathaway CL B: -4.31% (USD 11,242,000) - IBM International Business Machines: +7.53% (USD 11,171,000) - ELV Elevance Health Inc.: -2.13% (USD 10,640,000) - MSFT Microsoft Corp.: +0.95% (USD 10,354,000) - BN Brookfield Corp.: -2.26% (USD 9,853,000) - PR Permian Resources Corp.: -1.99% (USD 9,327,000) - SWK Stanley Black & Decker Inc.: +4.83% (USD 9,097,000) - CI Cigna Group: +0.49% (USD 8,619,000) - DHR Danaher Corp.: +18.77% (USD 8,196,000) - TKR Timken Co.: -5.27% (USD 8,162,000) - CMCO Columbus McKinnon Corp.: +11.77% (USD 8,089,000) - VNT Vontier Corp.: +24.64% (USD 8,031,000) - ACGL Arch Capital Group Ltd.: +0.66% (USD 7,922,000) - SLB Schlumberger Ltd.: -3.09% (USD 7,788,000) - ILMN Illumina Inc.: -2.61% (USD 7,668,000) - SW Smurfit Westrock Plc: -2.53% (USD 7,255,000) - TMO Thermo Fisher Scientific: +1.01% (USD 7,164,000) - GNRC Generac Holdings Inc.: -2.09% (USD 6,535,000) - INTU Intuit Inc.: +264.25% (USD 6,530,000) - DIS Walt Disney Co.: +1.17% (USD 6,461,000) - ST Sensata Technologies Holding: -1.91% (USD 6,008,000) - WDAY Workday Inc.: +28.86% (USD 5,979,000) - CRK Comstock Resources Inc.: +0.75% (USD 5,954,000) - MKTX MarketAxess Holdings Inc.: +65.66% (USD 5,908,000) - FTV Fortive Corp.: +27.15% (USD 4,912,000) - CME CME Group: +19.41% (USD 4,878,000) - VTOL Bristow Group Inc.: +16.65% (USD 4,479,000) - TREX Trex Company Inc.: +1.46% (USD 4,309,000) - APH Amphenol Corp.: new (USD 3,816,000) - FDX FedEx Corp.: -2.26% (USD 3,706,000) - VRSN Verisign Inc.: -1.59% (USD 3,552,000) - META Meta Platforms Inc.: -2.28% (USD 3,334,000) - BAC Bank of America Corp.: -2.16% (USD 2,884,000) - BAM Brookfield Asset Management: +48.35% (USD 2,800,000) - UPS United Parcel Service: +1.43% (USD 2,747,000) - DVN Devon Energy Corp.: +117.07% (USD 2,599,000) - MCO Moody's Corp.: -2.44% (USD 2,585,000) - COP ConocoPhillips: -40.71% (USD 2,574,000) - CRGY Crescent Energy Inc A: +0.54% (USD 2,243,000) - CTRA-OLD Coterra Energy Inc.: sold (USD 1,725,023) - RSP Invesco S&P 500 Equal Weight: +1.27% (USD 1,020,000) - LBRT Liberty Oilfield Services Inc.: -0.33% (USD 996,000) - OVV Ovintiv Inc.: -3.97% (USD 976,000) - VIG Vanguard Dividend Apprec ETF: +1.3% (USD 974,000) - GDXJ Vaneck Junior Gold Miners: -6.58% (USD 950,000) - VTI Vanguard Total Stock Mkt ETF: -7.5% (USD 903,000) - ERO Ero Copper Corp: -0.6% (USD 893,000) - SEI Solaris Energy Infrastructure Inc.: sold (USD 840,042) - MA Mastercard Inc.: -2.2% (USD 798,000) - NOG Northern Oil and Gas Inc.: +1.04% (USD 776,000) - CVX Chevron Corp.: -10.22% (USD 761,000) - FNDF Schwab Fndmn Intl Lrg Co ETF: -5.75% (USD 731,000) - VEA Vanguard FTSE Developed ETF: -4.59% (USD 724,000) - XLE Energy Select Sector SPDR: -2.63% (USD 697,000) - BTE Baytex Energy Corp.: -0.75% (USD 659,000) - MOAT Vaneck Morningstar Wide Moat: -6.76% (USD 643,000) - VOO Vanguard S&P 500 ETF: -22.63% (USD 599,000) - VYM Vanguard High Dvd Yield ETF: -3.02% (USD 559,000) - SU Suncor Energy Inc.: -0.14% (USD 489,000) - XOP SPDR S&P Oil & Gas Exploration & Production ETF: -3.5% (USD 434,000) - SPSM Ss SPDR P S&P 600 Small Cap: -3.78% (USD 402,000) - VYMI Vanguard Int High Dvd Yld In: +1.39% (USD 394,000) - TXN Texas Instruments: -40.04% (USD 386,000) - NVDA NVIDIA Corp.: -4.81% (USD 297,000) - EG Everest Group Ltd: -24.03% (USD 294,000) - AZZ AZZ Inc.: sold (USD 293,993) - GE GE Aerospace: -0.51% (USD 292,000) - AR Antero Resources: -4.05% (USD 269,000) - CEF Sprott Physical Gold And Sil: -0.63% (USD 239,000) - T AT&T Inc.: -0.52% (USD 236,000) - DIA SPDR Djia Trust: -21.97% (USD 232,000) - GEV Ge Vernova Inc: new (USD 227,000) - URA Global X Uranium ETF: -17.6% (USD 220,000) - SM SM Energy Co.: sold (USD 218,003) - VHT Vanguard Health Care ETF: -1.64% (USD 144,000) - WEAT Teucrium Wheat Fund: new (USD 108,000) - FNDE Schwab Fndmntl Em Mrk Eq ETF: -1.21% (USD 104,000) - RIG Transocean Ltd.: -34.16% (USD 89,000) - IVV Ishares Core S&P 500 ETF: sold (USD 76,000) - REI Ring Energy Inc.: +21.06% (USD 70,000) - CORN Teucrium Corn Fund: new (USD 67,000) - IWF iShares Russell 1000 Growth ETF: sold (USD 59,998) - IWB Ishares Russell 1000 ETF: sold (USD 57,000) - IWS Ishares Russell Mid Cap Valu: sold (USD 54,000) - IWD Ishares Russell 1000 Value E: sold (USD 52,999) - TAGS Teucrium Agricultural Fund: new (USD 48,000) - ILF Ishares Latin America 40 ETF: sold (USD 45,994) - VIGI Vanguard Int Div App Indx Fd: +62.69% (USD 41,000) - VV Vanguard Large Cap ETF: -8.14% (USD 27,000) - EU Encore Energy Corp: sold (USD 18,000) - IVW iShares S&P 500 Growth ETF: sold (USD 15,000) - SCHC Schwab Intl Small Cap Equity: new (USD 14,000) - VTV Vanguard Value ETF: -12.96% (USD 10,000) - NLR Vaneck Urani & Nuclr ETF Usd: -67.59% (USD 8,000) - VBR Vanguard Small Cap Value ETF: -11.76% (USD 7,000) - IJH Ishares Core S&P Midcap ETF: sold (USD 7,000) - IJK Ishares S&P Mid Cap 400 Grow: sold (USD 4,000) - IVE Ishares S&P 500 Value ETF: sold (USD 4,000) - IJR Ishares Core S&P Small Cap E: sold (USD 3,000) - IJS Ishares S&P Small Cap 600 Va: sold (USD 3,000) - IWN Ishares Russell 2000 Value E: sold (USD 3,000) - IJT Ishares S&P Small Cap 600 Gr: sold (USD 2,000) ## Portfolio value by quarter - 2024 Q2: USD 336,859,855 (102 positions) - 2024 Q3: USD 345,598,636 (106 positions) - 2024 Q4: USD 346,885,695 (107 positions) - 2025 Q1: USD 326,596,923 (101 positions) - 2025 Q2: USD 351,805,314 (110 positions) - 2025 Q3: USD 399,162,808 (106 positions) - 2025 Q4: USD 436,324,043 (126 positions) - 2026 Q1: USD 436,453,565 (133 positions) - 2026 Q2: USD 473,339,000 (120 positions)