Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.
Reported portfolio value by quarter (34 quarters reported)
$10.9B in Q1 2018 → $6.43B now. Hover for any quarter.
As reported for the quarter ended June 30, 2026. Activity is the change in share count since the prior quarter's filing.
| Holding | % of portfolio | Activity | Shares | Value |
|---|---|---|---|---|
| Alphabet Inc | 11.1% | Trimmed 5.8% | 1,994,274 | $713M |
| TS Taiwan Semiconductor Manufac | 8.7% | Trimmed 3.0% | 1,172,725 | $560M |
| LM Liberty Media Corp Del | 7.7% | Trimmed 2.5% | 5,223,453 | $497M |
| SC Schwab Charles Corp | 6.6% | Trimmed 3.0% | 4,571,355 | $422M |
| CO Capital One Finl Corp | 6.1% | Trimmed 3.1% | 1,956,084 | $392M |
| EH Elevance Health Inc Formerly | 5.9% | Trimmed 29% | 979,598 | $379M |
| IP Icon Pub Ltd Co | 5.5% | Added 25% | 2,048,087 | $356M |
| Alphabet Inc | 5.1% | Trimmed 2.7% | 924,866 | $327M |
| Sunbelt Rentals Holdings Inc | 5.0% | Trimmed 22% | 4,261,163 | $319M |
| IE Intercontinental Exchange In | 4.9% | Trimmed 3.0% | 2,560,747 | $315M |
| Msa Safety Inc | 4.7% | Trimmed 3.1% | 1,721,415 | $301M |
| Unitedhealth Group Inc | 4.6% | Trimmed 3.1% | 705,554 | $293M |
| Bio-techne Corp | 3.7% | Trimmed 1.3% | 3,348,841 | $237M |
| Roper Technologies Inc | 3.6% | New | 674,902 | $228M |
| Align Technology Inc | 3.1% | Trimmed 2.9% | 1,171,455 | $198M |
| Sap Se | 3.0% | Added 65% | 1,236,546 | $191M |
| Zoetis Inc | 2.6% | Trimmed 3.0% | 2,353,300 | $169M |
| BH Berkshire Hathaway Inc Del | 2.3% | Trimmed 3.1% | 300,672 | $150M |
| AP Accenture PLC Ireland | 1.7% | Trimmed 2.8% | 901,848 | $112M |
| Meta Platforms Inc | 1.4% | Trimmed 23% | 154,291 | $86.9M |
| BH Berkshire Hathaway Inc Del | 1.2% | Trimmed 6.4% | 103 | $77.1M |
| LM Liberty Media Corp Del | 0.9% | Trimmed 3.9% | 695,720 | $60.9M |
| Amentum Holdings Inc | 0.2% | Trimmed 67% | 537,213 | $11.1M |
| Liberty Broadband Corp | 0.2% | Trimmed 74% | 303,309 | $10.1M |
| CA Credit Accep Corp Mich | 0.1% | Trimmed 96% | 5,279 | $3.36M |
| Micron Technology Inc | 0.0% | Unchanged | 2,162 | $2.5M |
| Liberty Broadband Corp | 0.0% | Trimmed 67% | 73,945 | $2.46M |
| LC Liberty Cap Corp | 0.0% | Trimmed 77% | 114,119 | $2.46M |
| EH Equitable Hldgs Inc | 0.0% | Trimmed 0.4% | 40,310 | $1.77M |
| Group 1 Automotive Inc | 0.0% | Added 22% | 4,884 | $1.42M |
| VI Vanguard Index Fds | 0.0% | Added 8.2% | 2,973 | $1.1M |
| LM Lithia Mtrs Inc | 0.0% | Trimmed 1.8% | 2,933 | $852K |
| Jacobs Solutions Inc | 0.0% | Trimmed 0.7% | 6,244 | $787K |
| LC Liberty Cap Corp | 0.0% | Trimmed 78% | 28,162 | $617K |
| Netflix Inc. | 0.0% | Unchanged | 8,091 | $578K |
| VS Vanguard Star Fds | 0.0% | Added 8.6% | 6,420 | $549K |
| GM Globus Med Inc | 0.0% | Unchanged | 6,008 | $475K |
| Smith Douglas Homes Corp | 0.0% | Added 88% | 27,275 | $424K |
| CH Copa Holdings Sa | 0.0% | Unchanged | 2,555 | $397K |
| KK Kaspi Kz Jsc | 0.0% | Trimmed 3.6% | 3,934 | $341K |
| American Express Co | 0.0% | Unchanged | 932 | $315K |
| Apple Inc | 0.0% | Unchanged | 961 | $278K |
| Microsoft Corp | 0.0% | Unchanged | 737 | $275K |
| Sinclair Inc | 0.0% | Unchanged | 17,959 | $256K |
| DG Dollar Gen Corp | 0.0% | Unchanged | 2,188 | $252K |
| Ferguson Enterprises Inc | 0.0% | Unchanged | 1,000 | $237K |
| VI Vanguard Intl Equity Index F | 0.0% | New | 1,426 | $224K |
| Ataibeckley Inc | 0.0% | Unchanged | 42,112 | $222K |
| Charter Communications Inc | 0.0% | Trimmed 99% | 1,556 | $221K |
| Hilton Grand Vacations Inc | 0.0% | New | 4,189 | $219K |
| S&P Global Inc | 0.0% | Unchanged | 531 | $216K |
| BO Bank Of Amer Corp | 0.0% | New | 3,625 | $207K |
| SN Stellantis N.v | 0.0% | Unchanged | 25,075 | $144K |
| RS Rimini Str Inc Del | 0.0% | Trimmed 4.5% | 33,666 | $143K |
What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.
quarter ended June 30, 2026 · filed August 14, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Roper Technologies Inc | New | +674,902 | +$228M | 3.6% |
| EH Elevance Health Inc Formerly | Trimmed | −408,370 | −$158M | 5.9% |
| Sunbelt Rentals Holdings Inc | Trimmed | −1,227,098 | −$91.8M | 5.0% |
| CA Credit Accep Corp Mich | Trimmed | −140,924 | −$89.7M | 0.1% |
| Sap Se | Added | +486,637 | +$75M | 3.0% |
| IP Icon Pub Ltd Co | Added | +413,476 | +$71.8M | 5.5% |
| Alphabet Inc | Trimmed | −123,370 | −$44.1M | 11.1% |
| Liberty Broadband Corp | Trimmed | −860,139 | −$28.6M | 0.2% |
| Meta Platforms Inc | Trimmed | −46,856 | −$26.4M | 1.4% |
| Amentum Holdings Inc | Trimmed | −1,085,769 | −$22.4M | 0.2% |
Showing the 10 largest of 41 changes.
quarter ended March 31, 2026 · filed May 15, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Sunbelt Rentals Holdings Inc | New | +5,488,261 | +$357M | 5.9% |
| Zoetis Inc | New | +2,425,010 | +$287M | 4.8% |
| CA Credit Accep Corp Mich | Trimmed | −389,929 | −$165M | 1.0% |
| Sap Se | Added | +703,982 | +$121M | 2.1% |
| Bio-techne Corp | Added | +1,926,066 | +$101M | 2.9% |
| SC Schwab Charles Corp | Trimmed | −880,168 | −$82.7M | 7.4% |
| TS Taiwan Semiconductor Manufac | Trimmed | −213,302 | −$72.1M | 6.8% |
| Alphabet Inc | Trimmed | −191,959 | −$55.1M | 4.5% |
| Charter Communications Inc | Trimmed | −209,437 | −$45.2M | 0.5% |
| Liberty Broadband Corp | Trimmed | −678,176 | −$34.1M | 1.0% |
Showing the 10 largest of 46 changes.
quarter ended December 31, 2025 · filed February 13, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| AP Accenture PLC Ireland | New | +943,420 | +$253M | 4.0% |
| Align Technology Inc | New | +1,222,534 | +$191M | 3.0% |
| TS Taiwan Semiconductor Mfg Ltd | Trimmed | −460,000 | −$140M | 6.7% |
| SC Schwab Charles Corp | Trimmed | −720,613 | −$72M | 8.7% |
| Alphabet Inc | Trimmed | −181,898 | −$56.9M | 10.6% |
| Alphabet Inc | Trimmed | −112,218 | −$35.2M | 5.6% |
| CA Credit Accep Corp Mich | Trimmed | −42,327 | −$18.8M | 3.7% |
| Msa Safety Inc | Added | +106,349 | +$17M | 4.5% |
| EH Elevance Health Inc Formerly | Trimmed | −25,777 | −$9.04M | 7.8% |
| LM Liberty Media Corp Del | Trimmed | −77,871 | −$7.67M | 8.4% |
Showing the 10 largest of 38 changes.
quarter ended September 30, 2025 · filed November 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Jacobs Solutions Inc | Trimmed | −1,062,775 | −$159M | — |
| Msa Safety Inc | Added | +756,219 | +$130M | 4.9% |
| EH Elevance Health Inc Formerly | Added | +352,628 | +$114M | 7.8% |
| Meta Platforms Inc | Trimmed | −153,537 | −$113M | 3.0% |
| Bio-techne Corp | Added | +1,321,338 | +$73.5M | 1.4% |
| SC Schwab Charles Corp | Trimmed | −283,261 | −$27M | 10.0% |
| GL Gci Liberty Inc | New | +374,670 | +$14M | 0.2% |
| Sap Se | New | +46,000 | +$12.3M | 0.2% |
| TS Taiwan Semiconductor Mfg Ltd | Trimmed | −35,960 | −$10M | 8.7% |
| Alphabet Inc | Trimmed | −31,550 | −$7.68M | 5.1% |
Showing the 10 largest of 40 changes.
quarter ended June 30, 2025 · filed August 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Msa Safety Inc | New | +949,067 | +$159M | 2.7% |
| Meta Platforms Inc | Trimmed | −113,414 | −$83.7M | 5.0% |
| Icon PLC | Added | +453,833 | +$66M | 4.3% |
| Liberty Broadband Corp | Trimmed | −494,166 | −$48.6M | 3.2% |
| CA Credit Accep Corp Mich | Trimmed | −59,076 | −$30.1M | 5.1% |
| Unitedhealth Group Inc | Trimmed | −58,729 | −$18.3M | 4.1% |
| LM Liberty Media Corp Del | Trimmed | −144,321 | −$15.1M | 10.1% |
| SC Schwab Charles Corp | Trimmed | −162,553 | −$14.8M | 10.3% |
| Jacobs Solutions Inc | Trimmed | −104,619 | −$13.8M | 2.4% |
| TS Taiwan Semiconductor Mfg Ltd | Added | +51,388 | +$11.6M | 7.4% |
Showing the 10 largest of 31 changes.
quarter ended March 31, 2025 · filed May 15, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| IE Intercontinental Exchange In | Trimmed | −2,012,886 | −$347M | 8.8% |
| TS Taiwan Semiconductor Mfg Ltd | Trimmed | −67,588 | −$11.2M | 5.6% |
| SC Schwab Charles Corp | Trimmed | −142,105 | −$11.1M | 9.6% |
| LM Liberty Media Corp Del | Trimmed | −114,106 | −$10.3M | 9.4% |
| Alphabet Inc | Trimmed | −63,446 | −$9.91M | 3.8% |
| Elevance Health Inc | Trimmed | −21,033 | −$9.15M | 8.9% |
| CO Capital One Finl Corp | Trimmed | −46,742 | −$8.38M | 6.9% |
| Unitedhealth Group Inc | Trimmed | −15,828 | −$8.29M | 7.8% |
| CA Credit Accep Corp Mich | Trimmed | −12,170 | −$6.28M | 6.0% |
| Meta Platforms Inc | Trimmed | −10,565 | −$6.09M | 5.3% |
Showing the 10 largest of 29 changes.
quarter ended December 31, 2024 · filed February 14, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Icon PLC | New | +1,265,540 | +$265M | 4.5% |
| TS Taiwan Semiconductor Mfg Ltd | Trimmed | −970,808 | −$192M | 6.5% |
| Jacobs Solutions Inc | Trimmed | −1,319,295 | −$176M | 2.7% |
| Carmax Inc | Trimmed | −1,797,917 | −$147M | — |
| CO Capital One Finl Corp | Trimmed | −594,082 | −$106M | 6.6% |
| Unitedhealth Group Inc | Trimmed | −128,319 | −$64.9M | 7.2% |
| Alphabet Inc | Trimmed | −275,242 | −$52.1M | 7.7% |
| Elevance Health Inc | Added | +139,420 | +$51.4M | 7.2% |
| SC Schwab Charles Corp | Trimmed | −546,806 | −$40.5M | 8.7% |
| BH Berkshire Hathaway Inc Del | Trimmed | −86,057 | −$39M | 2.7% |
Showing the 10 largest of 32 changes.
quarter ended September 30, 2024 · filed November 14, 2024
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Carmax Inc | Trimmed | −1,971,953 | −$153M | 2.2% |
| Amentum Holdings Inc | New | +2,530,489 | +$81.6M | 1.3% |
| SC Schwab Charles Corp | Trimmed | −334,771 | −$21.7M | 7.6% |
| TS Taiwan Semiconductor Mfg Ltd | Trimmed | −119,034 | −$20.7M | 7.9% |
| Alphabet Inc | Trimmed | −108,797 | −$18M | 6.9% |
| IE Intercontinental Exchange In | Trimmed | −95,971 | −$15.4M | 12.6% |
| CA Credit Accep Corp Mich | Trimmed | −27,323 | −$12.1M | 4.7% |
| Unitedhealth Group Inc | Trimmed | −17,511 | −$10.2M | 8.8% |
| Elevance Health Inc | Trimmed | −19,538 | −$10.2M | 8.2% |
| EI Expeditors Intl Wash Inc | Trimmed | −67,730 | −$8.9M | 0.1% |
Showing the 10 largest of 31 changes.
Loading...
