SeaBridge Investment Advisors LLC

Q4 2025 13F-HR Holdings

Location
Summit, NJ
Holdings as of
12/31/2025
Date filed
1/26/2026
Form type
13F-HR
Num holdings
196
Total value ($000)
$605,750
Net value change ($000)
-10,479 (-1.7%)
New positions
10
Sold out positions
17
Turnover %
2.9%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/22/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
DHR 4,477 NEW
GOOGL 4,118 28.9%
MU 4,098 859.1%
SPTS 4,007 36.7%
RING 3,214 57.7%
GOOGL 2,402 27.3%
SARO 1,664 NEW
ICLR 1,468 56.7%
NTRA 1,384 38.4%
BRK-B 1,382 12.5%
Top Reduces (Value $000, Stocks/ETFs)
ORCL -10,827 -96.0%
IEF -3,936 -16.5%
TMUS -3,563 -53.5%
PAI -3,528 -100.0%
PFF -3,002 -15.8%
SPOT -2,342 -20.6%
META -2,319 -16.7%
NFLX -2,105 -30.3%
MSFT -1,882 -9.3%
FXI -1,763 -48.4%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type