This article first appeared on GuruFocus .
Insight into Arnold Van Den Berg ( Trades , Portfolio )'s Strategic Moves in Q3 2025
Arnold Van Den Berg ( Trades , Portfolio ) recently submitted the 13F filing for the third quarter of 2025, providing insights into his investment moves during this period. Since founding Century Management in 1974, Arnold Van Den Berg ( Trades , Portfolio ) has handily beaten all of the indices. Mr. Van Den Berg is a value investor, and considers himself a student of Benjamin Graham. Arnold applies value investment strategies as his investment philosophy. His investment research seeks to determine the appraised value of a company, often referred to as intrinsic value. Investments are then made at a significant discount, normally 40% to 65% below the company's current intrinsic value. This is his margin of safety. Arnold usually holds 35-40 companies when fully invested, and invests primarily in U.S. headquartered companies.
Summary of New Buy
Arnold Van Den Berg ( Trades , Portfolio ) added a total of 7 stocks, among them:
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The most significant addition was The Timken Co ( NYSE:TKR ), with 41,675 shares, accounting for 0.78% of the portfolio and a total value of $3,133,130.
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The second largest addition to the portfolio was FedEx Corp ( NYSE:FDX ), consisting of 12,321 shares, representing approximately 0.73% of the portfolio, with a total value of $2,905,420.
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The third largest addition was MarketAxess Holdings Inc ( NASDAQ:MKTX ), with 14,017 shares, accounting for 0.61% of the portfolio and a total value of $2,442,460.
Key Position Increases
Arnold Van Den Berg ( Trades , Portfolio ) also increased stakes in a total of 31 stocks, among them:
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The most notable increase was The Cigna Group ( NYSE:CI ), with an additional 11,273 shares, bringing the total to 26,682 shares. This adjustment represents a significant 73.16% increase in share count, a 0.82% impact on the current portfolio, with a total value of $7,691,090.
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The second largest increase was Elevance Health Inc ( NYSE:ELV ), with an additional 10,004 shares, bringing the total to 28,474. This adjustment represents a significant 54.16% increase in share count, with a total value of $9,200,520.
Summary of Sold Out
Arnold Van Den Berg ( Trades , Portfolio ) completely exited 11 holdings in the third quarter of 2025, as detailed below:
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Atkore Inc ( NYSE:ATKR ): Arnold Van Den Berg ( Trades , Portfolio ) sold all 42,196 shares, resulting in a -0.85% impact on the portfolio.
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TriMas Corp ( NASDAQ:TRS ): Arnold Van Den Berg ( Trades , Portfolio ) liquidated all 19,566 shares, causing a -0.16% impact on the portfolio.
Key Position Reduces
Arnold Van Den Berg ( Trades , Portfolio ) also reduced positions in 51 stocks. The most significant changes include:
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Reduced Coherent Corp ( NYSE:COHR ) by 15,069 shares, resulting in a -9.81% decrease in shares and a -0.38% impact on the portfolio. The stock traded at an average price of $99.69 during the quarter and has returned 52.30% over the past 3 months and 47.35% year-to-date.
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Reduced International Business Machines Corp ( NYSE:IBM ) by 3,545 shares, resulting in a -8.72% reduction in shares and a -0.3% impact on the portfolio. The stock traded at an average price of $261.75 during the quarter and has returned 27.93% over the past 3 months and 40.78% year-to-date.
Portfolio Overview
At the third quarter of 2025, Arnold Van Den Berg ( Trades , Portfolio )'s portfolio included 106 stocks, with top holdings including 6.42% in Sprott Physical Gold Trust ( PHYS ), 4.5% in Seabridge Gold Inc ( NYSE:SA ), 4.16% in Exxon Mobil Corp ( NYSE:XOM ), 3.83% in Alphabet Inc ( NASDAQ:GOOG ), and 3.74% in Coherent Corp ( NYSE:COHR ).
The holdings are mainly concentrated in 9 of the 11 industries: Technology, Financial Services, Energy, Healthcare, Communication Services, Industrials, Basic Materials, Real Estate, and Consumer Cyclical.
