# EDGAR Filing Document

**Accession Number:** 0001800135
**File Stem:** 0001800135-26-000001
**Filing Date:** 2026-2
**Character Count:** 10973
**Document Hash:** c49554a1c65d26e4e59b07de903578c7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001800135-26-000001.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0001800135-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**EFFECTIVENESS DATE**: 20260213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PYA Waltman Capital, LLC
- **CENTRAL INDEX KEY:** 0001800135

**ORGANIZATION NAME:**
- **EIN:** 203768100
- **STATE OF INCORPORATION:** TN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19970
- **FILM NUMBER:** 26631942

**BUSINESS ADDRESS:**
- **STREET 1:** 1402 EBENEZER RD
- **CITY:** KNOXVILLE
- **STATE:** TN
- **ZIP:** 37922
- **BUSINESS PHONE:** 865-693-6301

**MAIL ADDRESS:**
- **STREET 1:** 1402 EBENEZER RD
- **CITY:** KNOXVILLE
- **STATE:** TN
- **ZIP:** 37922

### 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:** PYA Waltman Capital LLC<br>**Address:** 1402 EBENEZER RD<br>KNOXVILLE, TN 37922

**Form 13F File Number:** 028-19970

**CRD Number (if applicable):** 000137283

**SEC File Number (if applicable):** 801-64909

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:** Jessica Ott<br>**Title:** CCO<br>**Phone:** 8656936301

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

Jessica Ott  Knoxville, TN  02-13-2026<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:** 75

**Form 13F Information Table Value Total:** $372190757

      (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 A | 02079K305 |  | 23497163 | 75071 | SH |  | SOLE |  | 661 | 0 | 74410 |
| AMAZON COM INC | COM | 023135106 |  | 16253656 | 70417 | SH |  | SOLE |  | 902 | 0 | 69515 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 38412046 | 76419 | SH |  | SOLE |  | 732 | 0 | 75687 |
| DANAHER CORPORATION | COM | 235851102 |  | 14793734 | 64624 | SH |  | SOLE |  | 624 | 0 | 64000 |
| HEICO CORP NEW | CL A | 422806208 |  | 15426012 | 61110 | SH |  | SOLE |  | 688 | 0 | 60422 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 562487 | 3118 | SH |  | SOLE |  | 0 | 0 | 3118 |
| MARKEL GROUP INC | COM | 570535104 |  | 23977615 | 11154 | SH |  | SOLE |  | 124 | 0 | 11030 |
| POST HLDGS INC | COM | 737446104 |  | 26994348 | 272533 | SH |  | SOLE |  | 3311 | 0 | 269222 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 7025133 | 15782 | SH |  | SOLE |  | 447 | 0 | 15335 |
| S GLOBAL INC | COM | 78409V104 |  | 13683524 | 26184 | SH |  | SOLE |  | 262 | 0 | 25922 |
| SCIENCE APPLICATIONS INTL CO | COM | 808625107 |  | 233330 | 2318 | SH |  | SOLE |  | 0 | 0 | 2318 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD AN | 85208R101 |  | 16457516 | 359334 | SH |  | SOLE |  | 4918 | 0 | 354416 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 16267572 | 12233 | SH |  | SOLE |  | 131 | 0 | 12102 |
| VAIL RESORTS INC | COM | 91879Q109 |  | 4243753 | 31956 | SH |  | SOLE |  | 616 | 0 | 31340 |
| NOMAD FOODS LTD | USD ORD SHS | G6564A105 |  | 5429081 | 433979 | SH |  | SOLE |  | 2703 | 0 | 431276 |
| NVR INC | COM | 62944T105 |  | 3857875 | 529 | SH |  | SOLE |  | 0 | 0 | 529 |
| FIDELITY WISE ORIGIN BITCOIN | SHS | 315948109 |  | 4510796 | 59174 | SH |  | SOLE |  | 309 | 0 | 58865 |
| FIDELITY ETHEREUM FD | SHS | 31613E103 |  | 1971530 | 66583 | SH |  | SOLE |  | 849 | 0 | 65734 |
| T ROWE PRICE ETF INC | CAP APPRECIATION | 87283Q867 |  | 41881951 | 1095812 | SH |  | SOLE |  | 12253 | 0 | 1083559 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 701682 | 2841 | SH |  | SOLE |  | 2 | 0 | 2839 |
| AMGEN INC | COM | 031162100 |  | 4491127 | 13721 | SH |  | SOLE |  | 245 | 0 | 13476 |
| BROADCOM INC | COM | 11135F101 |  | 5580310 | 16123 | SH |  | SOLE |  | 0 | 0 | 16123 |
| CISCO SYS INC | COM | 17275R102 |  | 1594336 | 20698 | SH |  | SOLE |  | 1 | 0 | 20697 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 3129094 | 9295 | SH |  | SOLE |  | 62 | 0 | 9233 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 8647244 | 41784 | SH |  | SOLE |  | 305 | 0 | 41479 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 4109000 | 12752 | SH |  | SOLE |  | 1 | 0 | 12751 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1826817 | 3777 | SH |  | SOLE |  | 0 | 0 | 3777 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1286679 | 16027 | SH |  | SOLE |  | 1 | 0 | 16026 |
| PEPSICO INC | COM | 713448108 |  | 1969383 | 13722 | SH |  | SOLE |  | 146 | 0 | 13576 |
| STARBUCKS CORP | COM | 855244109 |  | 1037526 | 12321 | SH |  | SOLE |  | 12 | 0 | 12309 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 2131241 | 20817 | SH |  | SOLE |  | 8 | 0 | 20809 |
| TEXAS INSTRS INC | COM | 882508104 |  | 3992490 | 23013 | SH |  | SOLE |  | 15 | 0 | 22998 |
| HOME DEPOT INC | COM | 437076102 |  | 2920225 | 8487 | SH |  | SOLE |  | 1 | 0 | 8486 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 4140045 | 41739 | SH |  | SOLE |  | 346 | 0 | 41393 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1186410 | 29129 | SH |  | SOLE |  | 25 | 0 | 29104 |
| GRAYSCALE BITCOIN MINI TR ET | SHS NEW | 389930207 |  | 259336 | 6696 | SH |  | SOLE |  | 0 | 0 | 6696 |
| GRAYSCALE BITCOIN TRUST ETF | SHS REP COM UT | 389637109 |  | 2256564 | 33010 | SH |  | SOLE |  | 0 | 0 | 33010 |
| GRAYSCALE ETHEREUM TRUST ETF | SHS | 389638107 |  | 1214886 | 49852 | SH |  | SOLE |  | 0 | 0 | 49852 |
| HECLA MNG CO | COM | 422704106 |  | 239453 | 12478 | SH |  | SOLE |  | 0 | 0 | 12478 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 485563 | 9372 | SH |  | SOLE |  | 0 | 0 | 9372 |
| STRATEGY INC | CL A NEW | 594972408 |  | 246919 | 1625 | SH |  | SOLE |  | 0 | 0 | 1625 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 210126 | 1788 | SH |  | SOLE |  | 0 | 0 | 1788 |
| ETSY INC | COM | 29786A106 |  | 1352001 | 24387 | SH |  | SOLE |  | 548 | 0 | 23839 |
| TOPBUILD CORP | COM | 89055F103 |  | 4135396 | 9913 | SH |  | SOLE |  | 101 | 0 | 9812 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 |  | 3776227 | 63011 | SH |  | SOLE |  | 1777 | 0 | 61234 |
| MICROSOFT CORP | COM | 594918104 |  | 1998318 | 4132 | SH |  | SOLE |  | 0 | 0 | 4132 |
| GENUINE PARTS CO | COM | 372460105 |  | 650590 | 5291 | SH |  | SOLE |  | 1 | 0 | 5290 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1960571 | 13681 | SH |  | SOLE |  | 0 | 0 | 13681 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 1826159 | 6296 | SH |  | SOLE |  | 0 | 0 | 6296 |
| APPLE INC | COM | 037833100 |  | 2582670 | 9500 | SH |  | SOLE |  | 4 | 0 | 9496 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 488613 | 4892 | SH |  | SOLE |  | 0 | 0 | 4892 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 690107 | 4071 | SH |  | SOLE |  | 0 | 0 | 4071 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 201574 | 3737 | SH |  | SOLE |  | 0 | 0 | 3737 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 612551 | 5090 | SH |  | SOLE |  | 0 | 0 | 5090 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 230157 | 9630 | SH |  | SOLE |  | 0 | 0 | 9630 |
| ABBVIE INC | COM | 00287Y109 |  | 4708194 | 20606 | SH |  | SOLE |  | 22 | 0 | 20584 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1377871 | 9041 | SH |  | SOLE |  | 1 | 0 | 9040 |
| ALLSTATE CORP | COM | 020002101 |  | 3478539 | 16712 | SH |  | SOLE |  | 0 | 0 | 16712 |
| MCDONALDS CORP | COM | 580135101 |  | 1418701 | 4642 | SH |  | SOLE |  | 2 | 0 | 4640 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 2417525 | 41163 | SH |  | SOLE |  | 0 | 0 | 41163 |
| TESLA INC | COM | 88160R101 |  | 383611 | 853 | SH |  | SOLE |  | 55 | 0 | 798 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1190446 | 1938 | SH |  | SOLE |  | 0 | 0 | 1938 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 548522 | 1748 | SH |  | SOLE |  | 0 | 0 | 1748 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 508502 | 5565 | SH |  | SOLE |  | 0 | 0 | 5565 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 826117 | 4705 | SH |  | SOLE |  | 0 | 0 | 4705 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1127461 | 3363 | SH |  | SOLE |  | 0 | 0 | 3363 |
| VISA INC | COM CL A | 92826C839 |  | 263383 | 751 | SH |  | SOLE |  | 0 | 0 | 751 |
| GE AEROSPACE | COM NEW | 369604301 |  | 840922 | 2730 | SH |  | SOLE |  | 0 | 0 | 2730 |
| GE VERNOVA INC | COM | 36828A101 |  | 445081 | 681 | SH |  | SOLE |  | 0 | 0 | 681 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 207830 | 7669 | SH |  | SOLE |  | 0 | 0 | 7669 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 1414682 | 3570 | SH |  | SOLE |  | 0 | 0 | 3570 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 364827 | 535 | SH |  | SOLE |  | 0 | 0 | 535 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 316341 | 1656 | SH |  | SOLE |  | 0 | 0 | 1656 |
| SPX TECHNOLOGIES INC | COM | 78473E103 |  | 478343 | 2391 | SH |  | SOLE |  | 0 | 0 | 2391 |
| SOUTHERN CO | COM | 842587107 |  | 233347 | 2676 | SH |  | SOLE |  | 0 | 0 | 2676 |

---