0001999371-23-000029.txt : 20231107 0001999371-23-000029.hdr.sgml : 20231107 20231107164536 ACCESSION NUMBER: 0001999371-23-000029 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230930 FILED AS OF DATE: 20231107 DATE AS OF CHANGE: 20231107 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: 231384730 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 850027 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 2023-09-30 N 41489136.12 35022.22803 41454113.89 0 0 0 0 0 0 0 0 0 0 0 0 0 0 N Alphabet, Inc. A N/A Common 02079K305 17000 NS USD 2224620 0.053716165 Long EC CORP US N 1 N N N Amazon.com Inc. N/A Common 023135106 9000 NS USD 1144080 0.027625208 Long EC CORP US N 1 N N N Automatic Data Processing, Inc. N/A Common 053015103 3000 NS USD 721740 0.017427293 Long EC CORP US N 1 N N N AutoZone Inc. N/A Common 053332102 600 NS USD 1523994 0.036798695 Long EC CORP US N 1 N N N Berkshire Hathaway Inc. B N/A Common 084670704 21000 NS USD 7356300 0.17762684 Long EC CORP US N 1 N N N Charles Schwab Corp. N/A Common 053332102 34000 NS USD 1866600 0.045071335 Long EC CORP US N 1 N N N Colgate-Palmolive Company N/A Common 194162103 21000 NS USD 1493310 0.036057792 Long EC CORP US N 1 N N N Danaher Corporation N/A Common 235851102 1000 NS USD 248100 0.005990677 Long EC CORP US N 1 N N N Diamond Hill Investment Group, Inc. N/A Common 25264R207 9576 NS USD 1614226.32 0.038977464 Long EC CORP US N 1 N N N eBay Inc. N/A Common 278642103 3000 NS USD 132270 0.003193821 Long EC CORP US N 1 N N N Franklin Resources, Inc. N/A Common 354613101 70000 NS USD 1720600 0.041545987 Long EC CORP US N 1 N N N Illinois Tool Works Inc. N/A Common 452308109 7000 NS USD 1612170 0.038927812 Long EC CORP US N 1 N N N Johnson & Johnson N/A Common 44919P508 3071 NS USD 478308.25 0.011549336 Long EC CORP US N 1 N N N JPMorgan Chase & Co N/A Common 46625H100 3000 NS USD 435060 0.010505055 Long EC CORP US N 1 N N N Kraft Heinz Company N/A Common 500754106 29000 NS USD 975560 0.023556087 Long EC CORP US N 1 N N N Markel Corp. N/A Common 570535104 1670 NS USD 2459058.3 0.059376963 Long EC CORP US N 1 N N N Mastercard Inc N/A Common 57636Q104 1000 NS USD 395910 0.00955973 Long EC CORP US N 1 N N N MediaAlpha, Inc. N/A Common 58450V104 9876 NS USD 81575.76 0.001969746 Long EC CORP US N 1 N N N O'Reilly Automotive Inc. N/A Common 67103H107 1500 NS USD 1363290 0.032918301 Long EC CORP US N 1 N N N Paychex, Inc. N/A Common 704326107 6000 NS USD 691980 0.016708702 Long EC CORP US N 1 N N N PepsiCo, Inc. N/A Common 713448108 10000 NS USD 1694400 0.040913356 Long EC CORP US N 1 N N N Procter & Gamble Company N/A Common 742718109 2000 NS USD 291720 0.007043935 Long EC CORP US N 1 N N N Starbucks Corp. N/A Common 855244109 12000 NS USD 1095240 0.026445906 Long EC CORP US N 1 N N N Stryker Corp. N/A Common 863667101 4500 NS USD 1229715 0.029692969 Long EC CORP US N 1 N N N T. Rowe Price Group Inc. N/A Common 74144T108 18400 NS USD 1929608 0.04659274 Long EC CORP US N 1 N N N US Bancorp. N/A Common 902973304 24000 NS USD 793440 0.019158577 Long EC CORP US N 1 N N N Visa Inc. N/A Common 57636Q104 1500 NS USD 345015 0.008330808 Long EC CORP US N 1 N N N Waters Corp. N/A Common 941848103 2000 NS USD 548420 0.01324227 Long EC CORP US N 1 N N N Wells Fargo & Co. N/A Common 949746101 10000 NS USD 408600 0.009866146 Long EC CORP US N 1 N N N Morgan Stanley Inst. Liquidity Fund, Treasury 549300D1XR6GP7EZ0T47 Money market fund investment 999303563 4539438.61 NS USD 4539438.61 1 Long STIV RF US N 1 N N N 2023-11-06 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 September 30, 2023) (unaudited)

 

Common Stock (89.0% of total investments)            
Industry        LEVEL ONE   
Advertising  Shares  Cost  Market Value  % Total Inv.
Alphabet, Inc. A*   17,000    1,376,922    2,224,620      
MediaAlpha, Inc.*   9,876    166,690    81,576      
             $2,306,196    (6.3%)
Bank                    
JPMorgan Chase & Co   3,000    390,311    435,060      
US Bancorp.   24,000    941,508    793,440      
Wells Fargo & Co.   10,000    403,661    408,600      
             $1,637,100    (4.0%)
Brokerage                    
Charles Schwab Corp.   34,000    1,760,697    1,866,600      
             $1,866,600    (5.1%)
Conglomerate                    
Berkshire Hathaway Inc. B*   21,000    3,205,343    7,356,300      
             $7,356,300    (19.9%)
Consumer                    
Colgate-Palmolive Company   21,000    626,458    1,493,310      
Procter & Gamble Company   2,000    145,879    291,720      
             $1,785,030    (4.3%)
Credit Card                    
Mastercard Inc   1000    219636.1    395910      
Visa Inc.   1500    225957.45    345015      
             $740,925    (1.8%)
Data Processing                    
Automatic Data Processing, Inc.   3000    82774.56    721740      
Paychex, Inc.   6000    140074.91    691980      
             $1,413,720    (3.8%)
Drug/Medical Device                    
Johnson & Johnson   3071    34932.62    478308.25      
Stryker Corp.   4500    19054.69    1229715      
             $1,708,023    (4.6%)
Food                    
Kraft Heinz Company   29,000    772,000    975,560      
PepsiCo, Inc.   10,000    168,296    1,694,400      
             $2,669,960    (6.4%)
Industrial                    
Danaher Corporation   1,000    254,997    248,100      
Illinois Tool Works Inc.   7,000    295,051    1,612,170      
Waters Corp.*   2,000    100,780    548,420      
             $2,408,690    (5.8%)
Insurance                    
Markel Corp.*   1,670    1,296,670    2,459,058      
             $2,459,058    (5.9%)
Mutaul Fund Management                    
Diamond Hill Investment Group, Inc.   9,576    1,338,331    1,614,226      
Franklin Resources, Inc.   70,000    1,794,630    1,720,600      
T. Rowe Price Group Inc.   18,400    2,399,683    1,929,608      
             $5,264,434    (12.7%)

 

 

 

  

Restaurant                    
Starbucks Corp.   12,000    588,432    1,095,240      
             $1,095,240    (2.6%)
Retail                    
AutoZone Inc.*   600    319,026    1,523,994      
eBay Inc.   3,000    68,886    132,270      
O'Reilly Automotive Inc.*   1,500    305,534    1,363,290      
             $3,019,554    (8.2%)
Technology Services                    
Amazon.com Inc.   9,000    915,707    1,144,080      
             $1,144,080    (3.1%)
                     
Total common stock investments            $36,874,910      
                     
Money Market Funds (11.0% of total investments)             LEVEL ONE      
Morgan Stanley Inst. Liquidity Fund, Treasury, 5.34%             4,539,439      
                     
        Total investments            $41,414,349      
                     
        All other assets less liabilities             39,765      
                     
        Total net assets            $41,454,113      
                     
    *Non-dividend paying security                    

 

Footnote:

The following information is based upon federal income tax costs of portfolio investments, excluding money market investments, as of September 30, 2023:

 

Gross unrealized appreciation:  $17,675,922 
Gross unrealized depreciation:  1,083,995 
Net unrealized appreciation:  $16,591,928 

 

Federal income tax basis: $20,357,923