0001387131-23-004860.txt : 20230419 0001387131-23-004860.hdr.sgml : 20230419 20230419152425 ACCESSION NUMBER: 0001387131-23-004860 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20230419 DATE AS OF CHANGE: 20230419 PERIOD START: 20231231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EAGLE CAPITAL GROWTH FUND, INC. CENTRAL INDEX KEY: 0000850027 IRS NUMBER: 311274796 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-05807 FILM NUMBER: 23829895 BUSINESS ADDRESS: STREET 1: 225 EAST MASON STREET STREET 2: SUITE 802 CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 414-765-1107 MAIL ADDRESS: STREET 1: 225 EAST MASON STREET STREET 2: SUITE 802 CITY: MILWAUKEE STATE: WI ZIP: 53202 FORMER COMPANY: FORMER CONFORMED NAME: NAIC GROWTH FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: BETTER INVESTING FUND INC DATE OF NAME CHANGE: 19890716 NPORT-P 1 primary_doc.xml NPORT-P false 0000850027 XXXXXXXX EAGLE CAPITAL GROWTH FUND, INC. 811-05807 0000850027 549300W62OY01Q0RFS14 225 East Mason Street Suite 802 Milwaukee 53202-3657 4147651107 N/A N/A 2023-12-31 2023-03-31 N 39910551.82 36472.78274 39874079.03 0 0 0 0 0 0 0 0 0 0 0 0 0 0 N Alphabet, Inc. A N/A Common 02079K305 19000 NS USD 1970870 0.049467684 Long EC CORP US N 1 N N N Amazon.com Inc. N/A Common 023135106 9000 NS USD 929610 0.023332667 Long EC CORP US N 1 N N N Automatic Data Processing, Inc. N/A Common 053015103 3000 NS USD 667890 0.016763648 Long EC CORP US N 1 N N N AutoZone Inc. N/A Common 053332102 600 NS USD 1474890 0.037018876 Long EC CORP US N 1 N N N Berkshire Hathaway Inc. B N/A Common 084670704 26500 NS USD 8182405 0.20537358 Long EC CORP US N 1 N N N Charles Schwab Corp. N/A Common 053332102 24000 NS USD 1257120 0.031552977 Long EC CORP US N 1 N N N Colgate-Palmolive Company N/A Common 194162103 21000 NS USD 1578150 0.039610642 Long EC CORP US N 1 N N N Danaher Corporation N/A Common 235851102 1000 NS USD 252040 0.006326057 Long EC CORP US N 1 N N N Diamond Hill Investment Group, Inc. N/A Common 25264R207 9576 NS USD 1576018.08 0.039557132 Long EC CORP US N 1 N N N eBay Inc. N/A Common 278642103 3000 NS USD 133110 0.003340983 Long EC CORP US N 1 N N N Franklin Resources, Inc. N/A Common 354613101 70000 NS USD 1885800 0.047332477 Long EC CORP US N 1 N N N Illinois Tool Works Inc. N/A Common 452308109 7000 NS USD 1704150 0.042773168 Long EC CORP US N 1 N N N IAC Inc. N/A Common 44919P508 10000 NS USD 516000 0.012951298 Long EC CORP US N 1 N N N Johnson & Johnson N/A Common 478160104 4000 NS USD 620000 0.015561637 Long EC CORP US N 1 N N N JPMorgan Chase & Co N/A Common 46625H100 3000 NS USD 390930 0.009812114 Long EC CORP US N 1 N N N Kimberly-Clark Corp. N/A Common 494368103 3500 NS USD 469770 0.011790952 Long EC CORP US N 1 N N N Kraft Heinz Company N/A Common 500754106 29000 NS USD 1121430 0.028147237 Long EC CORP US N 1 N N N Markel Corp. N/A Common 570535104 1670 NS USD 2133274.7 0.053543947 Long EC CORP US N 1 N N N Mastercard Inc N/A Common 57636Q104 1000 NS USD 363410 0.009121378 Long EC CORP US N 1 N N N MediaAlpha, Inc. N/A Common 58450V104 40000 NS USD 599200 0.01503957 Long EC CORP US N 1 N N N O'Reilly Automotive Inc. N/A Common 67103H107 1500 NS USD 1273470 0.031963352 Long EC CORP US N 1 N N N Paychex, Inc. N/A Common 704326107 6000 NS USD 687540 0.017256852 Long EC CORP US N 1 N N N PepsiCo, Inc. N/A Common 713448108 10000 NS USD 1823000 0.045756234 Long EC CORP US N 1 N N N Procter & Gamble Company N/A Common 742718109 2000 NS USD 297380 0.007464064 Long EC CORP US N 1 N N N Starbucks Corp. N/A Common 855244109 12000 NS USD 1249560 0.031363225 Long EC CORP US N 1 N N N Stryker Corp. N/A Common 863667101 4500 NS USD 1284615 0.032243085 Long EC CORP US N 1 N N N T. Rowe Price Group Inc. N/A Common 74144T108 17100 NS USD 1930590 0.04845668 Long EC CORP US N 1 N N N US Bancorp. N/A Common 902973304 12000 NS USD 432600 0.010858007 Long EC CORP US N 1 N N N Visa Inc. N/A Common 57636Q104 1500 NS USD 338190 0.008488371 Long EC CORP US N 1 N N N Waters Corp. N/A Common 941848103 2000 NS USD 619260 0.015543064 Long EC CORP US N 1 N N N Wells Fargo & Co. N/A Common 949746101 10000 NS USD 373800 0.009382161 Long EC CORP US N 1 N N N Morgan Stanley Inst. Liquidity Fund, Treasury 549300D1XR6GP7EZ0T47 Money market fund investment 999303563 39704484.68 NS USD 39704484.68 1 Long STIV RF US N 1 N N N 2023-04-19 EAGLE CAPITAL GROWTH FUND, INC. /s/ David Sims David Sims Chief Financial Officer XXXX NPORT-EX 2 eagle_capital.htm SCHEDULE OF INVESTMENTS

SCHEDULE OF INVESTMENTS

Eagle Capital Growth Fund, Inc.

Portfolio of Investments (as of March 31, 2023) (unaudited)

 

Common Stocks (95.7% of Total Investments)        LEVEL ONE   
Industry  Shares  Cost  Fair Value  Percent of Net Assets
Advertising            
Alphabet, Inc. A*   19,000   $1,643,795   $1,970,870      
MediaAlpha, Inc.*   40,000    804,160    599,200      
             $2,570,070    6.5%
Bank                    
JPMorgan Chase & Co   3,000    390,311   $390,930      
US Bancorp.   12,000    503,758    432,600      
Wells Fargo & Co.   10,000    403,661    373,800      
             $1,197,330    3.0%
Brokerage                    
Charles Schwab Corp.   24,000    1,215,796    1,257,120      
             $1,257,120    3.2%
Conglomerate                    
Berkshire Hathaway Inc. B*   26500    4,320,855    8,182,405      
IAC Inc.   10000    486,155    516,000      
             $8,698,405    21.8%
Credit Card                    
Colgate-Palmolive Company   21,000    626,458    1,578,150      
Kimberly-Clark Corp.   3,500    352,236    469,770      
Procter & Gamble Company   2,000    145,879    297,380      
             $2,345,300    5.9%
Consumer                    
Mastercard Inc   1,000    219,636    363,410      
Visa Inc.   1,500    225,957    338,190      
             $701,600    1.8%
Data Processing                    
Automatic Data Processing, Inc.   3,000    82,775    667,890      
Paychex, Inc.   6,000    140,075    687,540      
             $1,355,430    3.4%
Drug/Medical Device                    
Johnson & Johnson   4,000    45,500    620,000      
Stryker Corp.   4,500    19,055    1,284,615      
             $1,904,615    4.8%
Food                    
Kraft Heinz Company   29,000    772,000    1,121,430      
PepsiCo, Inc.   10,000    168,296    1,823,000      
             $2,944,430    7.4%
Industrial                    
Danaher Corporation   1,000    254,997    252,040      
Illinois Tool Works Inc.   7,000    295,051    1,704,150      
Waters Corp.*   2,000    100,780    619,260      
             $2,575,450    6.5%
Insurance                    
Markel Corp.*   1,670    1,296,670    2,133,275      
             $2,133,275    5.4%
Mutual Fund Managers                    
Diamond Hill Investment Group, Inc.   9,576    1,338,331    1,576,018      
Franklin Resources, Inc.   70,000    1,794,630    1,885,800      
T. Rowe Price Group Inc.   17,100    2,257,154    1,930,590      
             $5,392,408    13.5%
Restaurant                    
Starbucks Corp.   12,000    588,432    1,249,560      
             $1,249,560    3.1%

 

 

 

  

Retail                    
Amazon.com Inc.   9,000    1,064,151    929,610      
AutoZone Inc.*   600    319,026    1,474,890      
eBay Inc.   3,000    68,886    133,110      
O'Reilly Automotive Inc.*   1,500    305,534    1,273,470      
             $3,811,080    9.6%
                     
Total common stock investments            $38,136,073    95.7%
Money Market Funds (4.3% of total investments)             LEVEL ONE      
Morgan Stanley Inst. Liquidity Fund, Treasury, 4.35%             1,705,493    4.3%
        Total investments            $39,841,566      
        All other assets less liabilities             32,513      
        Total net assets            $39,874,079      
                     
    *Non-dividend paying security                    

 

Footnote:

The following information is based upon federal income tax costs of portfolio investments, excluding money market investments, as of March 31, 2023:

Gross unrealized appreciation:  $17,174,013 
Gross unrealized depreciation:  1,287,941 
Net unrealized appreciation:  $15,886,072 

 

Federal income tax basis: $22,250,000