# EDGAR Filing Document

**Accession Number:** 0001003839
**File Stem:** 0001162044-26-000199
**Filing Date:** 2026-3
**Character Count:** 11590
**Document Hash:** a9d4dd0b9542112798dee6d517075e6d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001162044-26-000199.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0001162044-26-000199

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MATTHEW 25 FUND
- **CENTRAL INDEX KEY:** 0001003839

**ORGANIZATION NAME:**
- **EIN:** 232820705
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07471
- **FILM NUMBER:** 26704648

**BUSINESS ADDRESS:**
- **STREET 1:** 122 E. BUTLER AVENUE
- **STREET 2:** SUITE 300
- **CITY:** AMBLER
- **STATE:** PA
- **ZIP:** 19002
- **BUSINESS PHONE:** 2158844458

**MAIL ADDRESS:**
- **STREET 1:** 122 E. BUTLER AVENUE
- **STREET 2:** SUITE 300
- **CITY:** AMBLER
- **STATE:** PA
- **ZIP:** 19002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MATTHEW 25 FUND INC
- **DATE OF NAME CHANGE:** 19951122

## Series and Classes Contracts Data

### MATTHEW 25 FUND (Series ID: S000005937)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000016367 | MATTHEW 25 FUND | mxxvx           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** MATTHEW 25 FUND

- **b. Investment Company Act file number:** 811-07471

- **c. CIK number of Registrant:** 0001003839

- **d. LEI of Registrant:** 549300EWCE5Z2PJUEI39

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 122 E. Butler Avenue

  - **City:** Ambler

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19002

  - **Telephone number:** 215-884-4458

**Item A.2. Information about the Series.**

- **a. Name of Series:** Matthew 25 Fund

- **b. EDGAR series identifier (if any):** S000005937

- **c. LEI of Series:** 549300EWCE5Z2PJUEI39

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2467519.28

**Total Liabilities:** $884022.21

**Net Assets:** $329310530.12

**Cash Not Reported:** $6900.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000016367 | 3.19%                | -1.41%               | 2.55%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-166349.24              | $10727507.75                               |
| Month 2  | $4591824.16              | $-9193616.53                               |
| Month 3  | $7562600.51              | $576873.46                                 |

### Schedule of Portfolio Investments

| Name                                        | Title                                          | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Amazon.com, Inc.                            | Amazon.com, Inc.                               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    122500 | NS      | $28275450.00  | 8.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                                 | Apple, Inc.                                    | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     57500 | NS      | $15631950.00  | 4.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway, Inc.                    | Berkshire Hathaway Inc. Class A                | CUSIP: 084670108<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |        15 | NS      | $11322000.00  | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Circle Internet Group, Inc.                 | Circle Internet Group, Inc.                    | CUSIP: 172573107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75000 | NS      | $5947500.00   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                             | Eli Lilly & Co.                                | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     25500 | NS      | $27404340.00  | 8.32%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp, Inc.                     | East West Bancorp, Inc.                        | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100000 | NS      | $11239000.00  | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp.                                 | FedEx Corp.                                    | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     20000 | NS      | $5777200.00   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Agricultural Mortgage Corp.         | Federal Agricultural Mortgage Corp.            | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | CORP              | US        |     17000 | NS      | $2984690.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Agricultural Mortgage Corp.         | Federal Agricultural Mortgage Corp. Class A    | CUSIP: 313148108<br>LEI: 549300MS654K78GYF580 | Long             | EC               | CORP              | US        |     98477 | NS      | $13245156.50  | 4.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association       | Federal National Mortgage Association          | CUSIP: 313586109<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | EC               | CORP              | US        |      8000 | NS      | $85840.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Asset Management LP           | Goldman Sachs Financial Square Government Fund | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2337615 | NS      | $2337615.29   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                   | Goldman Sachs Group, Inc.                      | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     17500 | NS      | $15382500.00  | 4.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Interface, Inc.                             | Interface, Inc.                                | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |    180000 | NS      | $5025600.00   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                        | JPMorgan Chase & Co.                           | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     46500 | NS      | $14983230.00  | 4.55%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co., Inc.                             | KKR & Co. Inc.                                 | CUSIP: 48251W104<br>LEI: 549300JOHU21WRN2Z451 | Long             | EC               | CORP              | US        |    101500 | NS      | $12939220.00  | 3.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercadolibre, Inc.                          | Mercadolibre, Inc.                             | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |      7625 | NS      | $15358732.50  | 4.66%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                | NVIDIA Corp.                                   | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    425000 | NS      | $79262500.00  | 24.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp.                                 | Nucor Corp.                                    | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |     25000 | NS      | $4077750.00   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Hotels & Resorts, Inc.                 | Park Hotels & Resorts, Inc.                    | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |    765000 | NS      | $8001900.00   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Solstice Advanced Materials, Inc.           | Solstice Advanced Materials, Inc.              | CUSIP: 83443Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    101000 | NS      | $4906580.00   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd. | Taiwan Semiconductor Manufacturing Co. Ltd.    | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     99000 | NS      | $30085110.00  | 9.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla, Inc.                                 | Tesla, Inc.                                    | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     33500 | NS      | $15065620.00  | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| The Depository Trust & Clearing Corp.       | The Depository Trust & Clearing Corp.          | CUSIP: N/A<br>LEI: MLDY5N6PZ58ZE60QU102       | Long             | EC               | CORP              | US        |         0 | NS      | $6754.39      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-31

**Name of Applicant:** Matthew 25 Fund

**Signature:** /s/ Mark Mulholland

**Name of Signer:** Mark Mulholland

**Title:** President, Chief Financial Officer