UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

Report for the Calendar Year or Quarter Ended:
09-30-2020
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:
Hi-Line Capital Management, LLC
Address:
25 1ST AVENUE, NW
WATERTOWN, SD 57201
Form 13F File Number:

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:
KASEY J. CHAPIN
Title:
CHIEF COMPLIANCE OFFICER
Phone:
605-878-0897


Signature, Place, and Date of Signing:

KASEY J. CHAPIN
                         [Signature]
WATERTOWN, SOUTH DAKOTA
                 [City, State]
11-13-2020
                           [Date]
                          

Report Type (Check only one.):

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

13F NOTICE. (Check here if no holdings reported are 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:
28
Form 13F Information table Value Total:
182985
          (thousands)

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


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
Affiliated ManagersCOM0082521083,63453,217SHSOLE53,217 0 0
Alaska Air Group IncCOM0116591093,16986,499SHSOLE86,499 0 0
American Express CoCOM02581610915,498155,493SHSOLE155,493 0 0
Apple IncCOM0378331004433,828SHSOLE3,828 0 0
Bank Of NY Mellon CoCOM0640581003,901113,963SHSOLE113,963 0 0
Berkshire Hathaway Class ACL A08467010816,96053SHSOLE53 0 0
Berkshire Hathaway Class BCL B08467070217,85284,274SHSOLE84,274 0 0
Charles Schwab CorpCOM8085131057,335203,045SHSOLE203,045 0 0
Colony Capital Inc NewCOM19626G108479175,495SHSOLE175,495 0 0
ConocophillipsCOM20825C1044,985152,209SHSOLE152,209 0 0
Discovery Inc Class CCL C25470F30210,578540,511SHSOLE540,511 0 0
Fox Corp Class ACL A35137L1054,763169,845SHSOLE169,845 0 0
General Motors CoCOM37045V1009,043307,661SHSOLE307,661 0 0
Globe Life IncCOM37959E1025,00662,816SHSOLE62,816 0 0
Hollyfrontier CorpCOM4361061082,441123,158SHSOLE123,158 0 0
JPMorgan Chase & CoCOM46625H10013,164137,049SHSOLE137,049 0 0
Kraft Heinz CoCOM5007541065,509184,477SHSOLE184,477 0 0
Liberty Broadband Co Class ACL A5303071076,97249,163SHSOLE49,163 0 0
Liberty Broadband Co Class CCL C5303073052,72619,060SHSOLE19,060 0 0
Liberty Global Inc F Class CCL CG5480U12017,147831,526SHSOLE831,526 0 0
Liberty Media Corp Series C Liberty SiriusCL C5312296076,061183,008SHSOLE183,008 0 0
Microsoft CorpCOM5949181042391,135SHSOLE1,135 0 0
Molson Coors Beverage CL Class BCL B60871R2092,65779,181SHSOLE79,181 0 0
Phillips 66COM7185461044,28482,509SHSOLE82,509 0 0
PNC Finl ServicesCOM6934751056,19256,702SHSOLE56,702 0 0
Realogy Holdings CoCOM75605Y1062,549269,585SHSOLE269,585 0 0
U S BancorpCOM9029733045,606155,564SHSOLE155,564 0 0
Viasat IncCOM92552V1003,792110,364SHSOLE110,364 0 0