# EDGAR Filing Document

**Accession Number:** 0001003839
**File Stem:** 0001162044-25-000915
**Filing Date:** 2025-8
**Character Count:** 11256
**Document Hash:** 928254c869699669e1677ae278e385e9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001162044-25-000915.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001162044-25-000915

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**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:** 251268534

**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:** 2025-06-30

**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:** $315739498.79

**Total Liabilities:** $1673312.79

**Net Assets:** $314066186.00

**Cash Not Reported:** $1650.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000016367 | 0.46%                | 10.35%               | 8.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3219288.31             | $4425047.04                                |
| Month 2  | $1086818.77              | $27099384.76                               |
| Month 3  | $5716754.91              | $17867221.74                               |

### 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        |    142500 | NS      | $31263075.00  | 9.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                                 | Apple, Inc.                                    | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     61500 | NS      | $12617955.00  | 4.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway, Inc.                    | Berkshire Hathaway, Inc. Class A               | CUSIP: 084670108<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |        17 | NS      | $12389600.00  | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                             | Eli Lilly & Co.                                | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      7250 | NS      | $5651592.50   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp, Inc.                     | East West Bancorp, Inc.                        | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    120000 | NS      | $12117600.00  | 3.86%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp.                                 | FedEx Corp.                                    | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     45000 | NS      | $10228950.00  | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Agricultural Mortgage Corp.         | Federal Agricultural Mortgage Corp.            | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | CORP              | US        |     31000 | NS      | $6022680.00   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Agricultural Mortgage Corp.         | Federal Agricultural Mortgage Corp. Class A    | CUSIP: 313148108<br>LEI: 549300MS654K78GYF580 | Long             | EC               | CORP              | US        |     89775 | NS      | $12792937.50  | 4.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Flutter Entertainment plc                   | Flutter Entertainment plc                      | CUSIP: G3643J108<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               | CORP              | IE        |     55000 | NS      | $15716800.00  | 5.00%             |  |  |  | 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        |   1590518 | NS      | $1590517.67   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                   | Goldman Sachs Group, Inc.                      | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     22000 | NS      | $15570500.00  | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries, Inc.         | Huntington Ingalls Industries, Inc.            | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |      5000 | NS      | $1207300.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Interface, Inc.                             | Interface, Inc.                                | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |    425000 | NS      | $8895250.00   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Chase & Co.                       | JPMorgan Chase & Co.                           | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     52000 | NS      | $15075320.00  | 4.80%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co., Inc.                             | KKR & Co., Inc.                                | CUSIP: 48251W104<br>LEI: 549300JOHU21WRN2Z451 | Long             | EC               | CORP              | US        |    100000 | NS      | $13303000.00  | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard, Inc.                            | MasterCard, Inc.                               | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      4000 | NS      | $2247760.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercadolibre, Inc.                          | Mercadolibre, Inc.                             | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |     13500 | NS      | $35284005.00  | 11.23%            |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                | NVIDIA Corp.                                   | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    452500 | NS      | $71490475.00  | 22.76%            |  |  |  | No            |                  1 | On Loan: No      |
| Park Hotels & Resorts, Inc.                 | Park Hotels & Resorts, Inc.                    | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |    101500 | NS      | $1038345.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd. | Taiwan Semiconductor Manufacturing Co. Ltd.    | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     63000 | NS      | $14268870.00  | 4.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla, Inc.                                 | Tesla, Inc.                                    | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     44000 | NS      | $13977040.00  | 4.45%             |  |  |  | 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:** 2025-06-30

**Name of Applicant:** Matthew 25 Fund

**Signature:** /s/ Mark Mulholland

**Name of Signer:** Mark Mulholland

**Title:** President, Chief Financial Officer