Canton Hathaway, LLC

2. Key Holdings

The portfolio is dominated by a single, outsized conviction bet: Berkshire Hathaway Inc A (BRK/A). This position alone is valued at $227.19M, representing a staggering 43.81% of the entire portfolio. This indicates that the fund manager views Berkshire Hathaway not just as a stock, but as a diversified "proxy" for the market or a safe harbor for deploying large amounts of capital quickly.

Outside of this mega-position, the fund utilizes a barbell strategy of ETFs and selective mega-cap technology:

• ETF Exposure: The Vanguard 500 ETF (VOO) is the second-largest holding at 5.41%, providing immediate beta to the US large-cap market.
• Precious Metals: The fund holds significant positions in GLD (SPDR Gold Shares) and SLV (iShares Silver Trust), totaling roughly 4.35% of the portfolio. This serves as a hedge against inflation or market volatility.
• Technology Titans: Selective positions in GOOG, MSFT, AAPL, and NVDA provide exposure to the secular growth of artificial intelligence and cloud computing without dominating the portfolio.
• Concentrated Smaller Caps: QXO Inc (1.42%) and Bloom Energy Corp (1.22%) are notable smaller-cap inclusions that stand out against a backdrop of blue-chip stocks, suggesting specific idiosyncratic theses.