# EDGAR Filing Document

**Accession Number:** 0002011427
**File Stem:** 0002011427-26-000002
**Filing Date:** 2026-2
**Character Count:** 8557
**Document Hash:** 396cbfc706fdebfc77477e4e498815b3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002011427-26-000002.hdr.sgml**: 20260202

**ACCESSION NUMBER**: 0002011427-26-000002

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260202

**DATE AS OF CHANGE**: 20260202

**EFFECTIVENESS DATE**: 20260202

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fogel Capital Management, Inc.
- **CENTRAL INDEX KEY:** 0002011427

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23810
- **FILM NUMBER:** 26588590

**BUSINESS ADDRESS:**
- **STREET 1:** 453 RIVERSIDE DRIVE
- **CITY:** STUART
- **STATE:** FL
- **ZIP:** 34994
- **BUSINESS PHONE:** 772-223-9686

**MAIL ADDRESS:**
- **STREET 1:** 453 RIVERSIDE DRIVE
- **CITY:** STUART
- **STATE:** FL
- **ZIP:** 34994

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** FOGEL CAPITAL MANAGEMENT INC.<br>**Address:** 453 RIVERSIDE DRIVE<br>STUART, FL 34994

**Form 13F File Number:** 028-23810

**CRD Number (if applicable):** 000108212

**SEC File Number (if applicable):** 801-49135

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Michael Fogel<br>**Title:** President<br>**Phone:** 7727088300

**Signature, Place, and Date of Signing:**

Michael Fogel  Stuart, FL  02-2-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 50

**Form 13F Information Table Value Total:** $216964228

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 446224 | 1422 | SH |  | SOLE |  | 1422 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 37174377 | 118768 | SH |  | SOLE |  | 118768 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 4482063 | 19418 | SH |  | SOLE |  | 19418 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 248976 | 673 | SH |  | SOLE |  | 673 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 5327968 | 19598 | SH |  | SOLE |  | 19598 | 0 | 0 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 3453504 | 36004 | SH |  | SOLE |  | 36004 | 0 | 0 |
| ARK 21SHARES BITCOIN ETF | SHS BEN INT | 040919102 |  | 238128 | 8200 | SH |  | SOLE |  | 8200 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 476527 | 8664 | SH |  | SOLE |  | 8664 | 0 | 0 |
| BERKSHIRE HATHAWAY INC | DEL  CL A | 084670108 |  | 3019200 | 4 | SH |  | SOLE |  | 4 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 15132781 | 30106 | SH |  | SOLE |  | 30106 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 12653416 | 36560 | SH |  | SOLE |  | 36560 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1558849 | 10228 | SH |  | SOLE |  | 10228 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 15350998 | 49183 | SH |  | SOLE |  | 49183 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 4599340 | 49133 | SH |  | SOLE |  | 49133 | 0 | 0 |
| DEERE & CO | COM | 244199105 |  | 2942402 | 6320 | SH |  | SOLE |  | 6320 | 0 | 0 |
| ELBIT SYS LTD | ORD | M3760D101 |  | 7398732 | 12807 | SH |  | SOLE |  | 12807 | 0 | 0 |
| ELI LILLY & CO | COM | 532457108 |  | 217085 | 202 | SH |  | SOLE |  | 202 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 313143 | 6547 | SH |  | SOLE |  | 6547 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 8261416 | 500996 | SH |  | SOLE |  | 500996 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 12068666 | 376440 | SH |  | SOLE |  | 376440 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 3019556 | 56335 | SH |  | SOLE |  | 56335 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 422522 | 3511 | SH |  | SOLE |  | 3511 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 260683 | 3650 | SH |  | SOLE |  | 3650 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 252668 | 1319 | SH |  | SOLE |  | 1319 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 1780475 | 7233 | SH |  | SOLE |  | 7233 | 0 | 0 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 1508681 | 48730 | SH |  | SOLE |  | 48730 | 0 | 0 |
| ISHARES TR | MSCI ACWI EX US | 464288240 |  | 230256 | 3430 | SH |  | SOLE |  | 3430 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 239017 | 505 | SH |  | SOLE |  | 505 | 0 | 0 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 330973 | 2345 | SH |  | SOLE |  | 2345 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 2581765 | 47190 | SH |  | SOLE |  | 47190 | 0 | 0 |
| ISHARES TR                  CORE | S ETF | 464287200 |  | 490859 | 717 | SH |  | SOLE |  | 717 | 0 | 0 |
| ISHARES TR                  CORE | S MCP ETF | 464287507 |  | 229680 | 3480 | SH |  | SOLE |  | 3480 | 0 | 0 |
| JOHNSON & JOHNSON | COM | 478160104 |  | 7632730 | 36882 | SH |  | SOLE |  | 36882 | 0 | 0 |
| JPMORGAN CHASE & CO. | COM | 46625H100 |  | 317387 | 985 | SH |  | SOLE |  | 985 | 0 | 0 |
| KRATOS DEFENSE & SEC SOLUTIO | COM NEW | 50077B207 |  | 5647704 | 74400 | SH |  | SOLE |  | 74400 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 6052851 | 3005 | SH |  | SOLE |  | 3005 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 270637 | 410 | SH |  | SOLE |  | 410 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 23317166 | 48214 | SH |  | SOLE |  | 48214 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 5810919 | 11375 | SH |  | SOLE |  | 11375 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1881599 | 10089 | SH |  | SOLE |  | 10089 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 350168 | 1970 | SH |  | SOLE |  | 1970 | 0 | 0 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 753534 | 1568 | SH |  | SOLE |  | 1568 | 0 | 0 |
| SPDR S&P 500 ETF TR         TR | UNIT | 78462F103 |  | 6135375 | 8997 | SH |  | SOLE |  | 8997 | 0 | 0 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 3845797 | 7530 | SH |  | SOLE |  | 7530 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 350782 | 780 | SH |  | SOLE |  | 780 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 336712 | 1020 | SH |  | SOLE |  | 1020 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 4175972 | 14389 | SH |  | SOLE |  | 14389 | 0 | 0 |
| VANGUARD INDEX FDS          S&P 500 ETF | SHS | 922908363 |  | 248083 | 396 | SH |  | SOLE |  | 396 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 1764902 | 5032 | SH |  | SOLE |  | 5032 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 1360980 | 8436 | SH |  | SOLE |  | 8436 | 0 | 0 |

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