WhaleCreep

Brave Warrior Advisors (Glenn Greenberg) 13F holdings, Q4 2013

Long-only investorSEC filingsCompare with another fundHoldings as of 2013-12-31, filed 2014-02-14

Brave Warrior Advisors (Glenn Greenberg) disclosed 14 US equity positions worth $2.4bn in its Q4 2013 13F filing. Its largest position is VALEANT PHARMACEUTICALS INTL at 29.4% of the reported book, followed by EXPRESS SCRIPTS HLDG CO and ORCL. Versus Q3 2013 it opened 4 new positions, added to 3, reduced 5 and exited 1.

$2.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
14
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
29.4%
Largest position
The largest single position as a share of the reported equity book.
99.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
7
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
56
Quarters on file since Q1 2012
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2013: 4 new, 3 added, 5 reduced, 1 exited

14 rows
VALEANT PHARMACEUTICALS INTL no ticker–29.4%$718m6.11m−7.0%reduced
EXPRESS SCRIPTS HLDG CO no ticker–11.4%$278m3.96m+17%added
ORCL ORACLE CORPTechnology11.1%$271m7.07m+0.6%added
HAL HALLIBURTON COEnergy9.9%$241m4.75m+0.5%held
SCHW SCHWAB CHARLES CORPFinancial Services8.5%$207m7.95m−14%reduced
VISTAPRINT N V no ticker–7.4%$181m3.19m−18%reduced
MSFT MICROSOFT CORPTechnology6.1%$148m3.96m+0.6%added
PRI PRIMERICA INCFinancial Services6.0%$145m3.39m+0.4%held
KINDER MORGAN MANAGEMENT LLC no ticker–5.6%$138m1.82m–new
COMCAST CORP NEW no ticker–3.7%$91.3m1.83m−32%reduced
HIGHER ONE HLDGS INC no ticker–0.9%$22.4m2.29m−51%reduced
TIDEWATER INC no ticker–0.05%$1.2m19,625–new
CMCSA COMCAST CORP NEWCommunication Services0.03%$808k15,547–new
BAC BANK OF AMER CORPFinancial Services0.01%$226k14,532–new

Exited since Q3 2013

1 row
MSI MOTOROLA SOLUTIONS INC1.8%$39.7m

Sector mix

  • Unclassified58.5%
  • Technology17.1%
  • Financial Services14.4%
  • Energy9.9%
  • Communication Services0.03%

Book over time

Every quarter on file (56)
QuarterPositionsEquity book
Q2 202640$4.6bn
Q1 202636$4.0bn
Q4 202533$4.3bn
Q3 202533$4.3bn
Q2 202535$4.4bn
Q1 202535$4.4bn
Q4 202430$4.0bn
Q3 202432$4.8bn
Q2 202427$4.5bn
Q1 202429$4.8bn
Q4 202330$4.2bn
Q3 202334$4.0bn
Q2 202332$3.8bn
Q1 202328$3.2bn
Q4 202226$3.2bn
Q3 202225$2.9bn
Q2 202223$2.9bn
Q1 202224$3.4bn
Q4 202123$3.1bn
Q3 202124$2.9bn
Q2 202124$2.9bn
Q1 202124$3.1bn
Q4 202022$2.7bn
Q3 202023$2.2bn
Q2 202021$2.0bn
Q1 202022$1.7bn
Q4 201919$1.9bn
Q3 201917$1.9bn
Q2 201919$1.9bn
Q1 201920$2.0bn
Q4 201822$2.0bn
Q3 201818$2.3bn
Q2 201813$2.4bn
Q1 201813$2.3bn
Q4 201715$2.3bn
Q3 201714$2.1bn
Q2 201717$2.3bn
Q1 201718$2.1bn
Q4 201620$2.1bn
Q3 201618$2.1bn
Q2 201617$1.8bn
Q1 201614$2.1bn
Q4 201515$2.5bn
Q3 201516$3.1bn
Q2 201516$3.5bn
Q1 201515$3.3bn
Q4 201414$2.9bn
Q3 201412$2.7bn
Q2 201413$2.5bn
Q1 201412$2.5bn
Q4 201314$2.4bn
Q3 201311$2.2bn
Q2 201311$2.2bn
Q1 20133$276m
Q3 20121$75.3m
Q1 20121$62.8m

Where Brave Warrior Advisors (Glenn Greenberg) was early

14 rows
SCHW SCHWAB CHARLES CORPQ3 20127 of 221100%100%37Exited by Q2 2023+310%
HAL HALLIBURTON COQ1 20138 of 18222.2%22.2%13Exited by Q3 2016+12%
PRI PRIMERICA INCQ2 20132 of 1025.8%11.5%53Held at last filing, Q2 2026+659%
ORCL ORACLE CORPQ2 201314 of 2568.7%12.9%5Exited by Q3 2014+32%
MSFT MICROSOFT CORPQ3 201311 of 3745.9%8.8%24Held at last filing, Q2 2026+1021%
JPM JPMORGAN CHASE & COQ3 201418 of 2318.1%13.6%48Held at last filing, Q2 2026+443%
KMI KINDER MORGAN INC DELQ4 20148 of 1726.2%6.2%2Exited by Q2 2015−0.6%
AR ANTERO RESOURCES CORPQ2 20153 of 1931.9%13.5%21Exited by Q2 2021−70%
BFH ALLIANCE DATA SYSTEMS CORPQ2 201710 of 13310.6%17.9%8Exited by Q2 2019−32%
RJF RAYMOND JAMES FINL INCQ3 20185 of 1108.1%11.3%22Exited by Q1 2024+82%
AM ANTERO MIDSTREAM CORPQ1 20193 of 1020.4%2.0%30Held at last filing, Q2 2026+65%
APO APOLLO GLOBAL MGMT INCQ1 20225 of 19810.7%16.0%12Exited by Q2 2026+80%
FG F&G ANNUITIES & LIFE INCQ4 20221 of 753.8%6.8%15Held at last filing, Q2 2026+33%
MRP MILLROSE PPTYS INCQ1 20254 of 774.8%6.0%6Held at last filing, Q2 2026+13%

Concentration and tenure

17.7%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
92.6%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
3
Median completed holding, quarters