Southeast Asset Advisors Inc.

RIA/Wealth

Southeast Asset Advisors Inc. is a RIA/Wealth based in Thomasville, GA led by Bernard Nmn Lanigan, reporting $3.7B in AUM as of Q3 2025 with 57% concentrated in top 10 holdings and 16% allocation to BRK.B.

CEOBernard Nmn Lanigan

Portfolio Value: $923.2M
Positions: 208
Top Holding: BRK.B at 15.94%
Last Reported: Q3 2025

Address314 Gordon Avenue, Thomasville, GA, 31792, United States

Top Holdings

Largest long holdings in Southeast Asset Advisors Inc.'s portfolio (57.2% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Berkshire Hathaway BRK.B	Insurance - Diversified Financial Services	$147.2M	15.94%	+$450.5K Bought	0.01% 292.8K shares	Q4 2019 Held for 5y 11m
2 Alphabet Inc. GOOG	Internet Content & Information Communication Services	$109.3M	11.83%	+$1.1M Bought	0.00% 448.6K shares	Q4 2015 Held for 9y 11m
3 CNX Resources CNX	Oil & Gas Exploration & Production Energy	$77.7M	8.42%	+$138.6K Bought	1.71% 2.4M shares	Q1 2016 Held for 9y 8m
4 Apple AAPL	Consumer Electronics Technology	$60.4M	6.54%	+$2.2M Bought	0.00% 237.1K shares	Q3 2013 Held for 12y 2m
5 Invesco S&P 500 Equal Weight ETF RSP	ETF ETF	$29.9M	3.24%	+$678.9K Bought	— 157.4K shares	Q4 2020 Held for 4y 11m
6 Vanguard S&P 500 ETF VOO	ETF ETF	$27.5M	2.98%	-$187.4K Sold	— 45.0K shares	≤ Q2 2013 Held for 12y 5m+
7 Coca-Cola KO	Beverages - Non-Alcoholic Consumer Defensive	$21.6M	2.34%	—	0.01% 325.1K shares	≤ Q2 2013 Held for 12y 5m+
8 Microsoft MSFT	Software - Infrastructure Technology	$18.6M	2.02%	+$2.8M Bought	0.00% 35.9K shares	≤ Q2 2013 Held for 12y 5m+
9 Flowers Foods FLO	Packaged Foods Consumer Defensive	$18.0M	1.95%	-$20.9M Sold	0.65% 1.4M shares	≤ Q2 2013 Held for 12y 5m+
10 VanEck Gold Miners GDX	ETF ETF	$17.6M	1.91%	—	— 231.0K shares	Q2 2020 Held for 5y 5m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Southeast Asset Advisors Inc.'s latest filing

See all changes

GthenC

Market Value

$923.2M

Prior: $846.0M

Q/Q Change

+9.13%

+$77.2M

Net Flows % of MV

+1.13%

Turnover Ratio

4.22%

New Purchases

17 stocks

$7.6M

Added To

80 stocks

+$36.1M

Sold Out Of

3 stocks

$1.6M

Reduced Holdings

62 stocks

-$31.8M

Increased Positions

Position	Shares Δ	Change
1 Amrize Ltd AMRZ	New	0 → 29.2K +$1.4M
2 Nasdaq, Inc. NDAQ	New	0 → 10.4K +$921.2K
3 Portillo's Inc. PTLO	New	0 → 130.3K +$840.1K
4 Workday, Inc. WDAY	New	0 → 3.4K +$827.4K
5 Nu Holdings NU	New	0 → 42.5K +$679.8K

Decreased Positions

Position	Shares Δ	Change
1 Dayforce DAY	Sold	19.9K → 0 −$1.1M
2 Six Flags Entertainment FUN	Sold	8.0K → 0 −$243.4K
3 Church & Dwight CHD	Sold	2.2K → 0 −$214.2K
4 Flowers Foods FLO	-53.69%	3.0M → 1.4M −$20.9M
5 Entegris ENTG	-45.99%	20.2K → 10.9K −$858.1K

See all changes

GthenC

Analytics

Portfolio insights and performance metrics for Southeast Asset Advisors Inc.

View analytics

GthenA

Sector Allocation

Financial Services

22.10%

ETF

14.40%

Communication Services

13.70%

Technology

12.90%

Energy

11.10%

Industrials

5.90%

Consumer Defensive

5.50%

Consumer Cyclical

5.00%

Healthcare

3.80%

Basic Materials

0.90%

Utilities

0.40%

Real Estate

0.40%

Market Cap Distribution

Mega Cap (> $200B)

50.55%

Large Cap ($10B - $200B)

18.63%

Mid Cap ($2B - $10B)

11.90%

Small Cap ($300M - $2B)

0.10%

Micro Cap ($50M - $300M)

0.01%

Nano Cap (< $50M)

0.03%

N/A (ETF or Unknown)

18.78%

Portfolio Concentration

Top 10 Holdings %

57.17%

Top 20 Holdings %

69.25%

Top 50 Holdings %

84.07%

Top 100 Holdings %

94.78%