WhaleCreep

Brave Warrior Advisors (Glenn Greenberg) 13F holdings, Q1 2015

Long-only investorSEC filingsCompare with another fundHoldings as of 2015-03-31, filed 2015-05-15

Brave Warrior Advisors (Glenn Greenberg) disclosed 15 US equity positions worth $3.3bn in its Q1 2015 13F filing. Its largest position is VALEANT PHARMACEUTICALS INTL at 35.6% of the reported book, followed by EXPRESS SCRIPTS HLDG CO and JPM. Versus Q4 2014 it opened 1 new position, added to 6, reduced 5 and exited 0.

$3.3bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
15
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
35.6%
Largest position
The largest single position as a share of the reported equity book.
97.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
6
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 Q4 2014: 1 new, 6 added, 5 reduced, 0 exited

15 rows
VALEANT PHARMACEUTICALS INTL no ticker–35.6%$1.2bn5.88m−4.1%reduced
EXPRESS SCRIPTS HLDG CO no ticker–9.3%$303m3.50m−15%reduced
JPM JPMORGAN CHASE & COFinancial Services8.9%$292m4.82m+16%added
SCHW SCHWAB CHARLES CORPFinancial Services8.5%$280m9.19m+8.5%added
MSFT MICROSOFT CORPTechnology7.7%$253m6.23m+22%added
HAL HALLIBURTON COEnergy7.5%$244m5.57m+34%added
CIMPRESS N V no ticker–6.5%$214m2.54m−11%reduced
EQIX EQUINIX INCReal Estate6.3%$205m881,835+3.4%added
KMI KINDER MORGAN INC DELEnergy3.8%$125m2.96m−29%reduced
PRI PRIMERICA INCFinancial Services3.3%$107m2.11m−10%reduced
JPMORGAN CHASE & CO no ticker–1.8%$59.1m2.69m–new
BKR BAKER HUGHES INCEnergy0.7%$24.0m378,244+4.8%added
CMCSA COMCAST CORP NEWCommunication Services0.03%$878k15,5470.0%held
TIDEWATER INC no ticker–0.01%$376k19,6250.0%held
BAC BANK OF AMER CORPFinancial Services0.01%$224k14,5320.0%held

Sector mix

  • Unclassified53.2%
  • Financial Services20.7%
  • Energy12.0%
  • Technology7.7%
  • Real Estate6.3%
  • 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