WhaleCreep

Brave Warrior Advisors (Glenn Greenberg) 13F holdings, Q2 2015

Long-only investorSEC filingsCompare with another fundHoldings as of 2015-06-30, filed 2015-08-14

Brave Warrior Advisors (Glenn Greenberg) disclosed 16 US equity positions worth $3.5bn in its Q2 2015 13F filing. Its largest position is VALEANT PHARMACEUTICALS INTL at 36.6% of the reported book, followed by JPM and SCHW. Versus Q1 2015 it opened 2 new positions, added to 4, reduced 5 and exited 1.

$3.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
16
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
36.6%
Largest position
The largest single position as a share of the reported equity book.
94.9%
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 Q1 2015: 2 new, 4 added, 5 reduced, 1 exited

16 rows
VALEANT PHARMACEUTICALS INTL no ticker–36.6%$1.3bn5.70m−3.0%reduced
JPM JPMORGAN CHASE & COFinancial Services9.5%$330m4.87m+1.2%added
SCHW SCHWAB CHARLES CORPFinancial Services8.3%$286m8.76m−4.7%reduced
MSFT MICROSOFT CORPTechnology7.9%$275m6.23m0.0%held
HAL HALLIBURTON COEnergy7.1%$248m5.75m+3.3%added
EQIX EQUINIX INCReal Estate6.4%$223m877,887−0.4%held
CIMPRESS N V no ticker–5.5%$191m2.27m−11%reduced
BROOKFIELD ASSET MGMT INC no ticker–5.5%$190m5.44m–new
EXPRESS SCRIPTS HLDG CO no ticker–4.5%$155m1.74m−50%reduced
PRI PRIMERICA INCFinancial Services3.6%$123m2.70m+28%added
JPMORGAN CHASE & CO no ticker–2.8%$95.6m3.86m+44%added
AR ANTERO RESOURCES CORPEnergy1.9%$65.1m1.89m–new
BKR BAKER HUGHES INCEnergy0.4%$13.5m218,044−42%reduced
CMCSA COMCAST CORP NEWCommunication Services0.03%$935k15,5470.0%held
TIDEWATER INC no ticker–0.01%$446k19,6250.0%held
BAC BANK OF AMER CORPFinancial Services0.01%$247k14,5320.0%held

Exited since Q1 2015

1 row
KMI KINDER MORGAN INC DEL3.8%$125m

Sector mix

  • Unclassified54.8%
  • Financial Services21.4%
  • Energy9.4%
  • Technology7.9%
  • Real Estate6.4%
  • 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