WhaleCreep

Brave Warrior Advisors (Glenn Greenberg) 13F holdings, Q3 2022

Long-only investorSEC filingsCompare with another fundHoldings as of 2022-09-30, filed 2022-11-14

Brave Warrior Advisors (Glenn Greenberg) disclosed 25 US equity positions worth $2.9bn in its Q3 2022 13F filing. Its largest position is ELV at 18.7% of the reported book, followed by APO and FNF. Versus Q2 2022 it opened 2 new positions, added to 8, reduced 3 and exited 0.

$2.9bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
25
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
18.7%
Largest position
The largest single position as a share of the reported equity book.
89.3%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
10
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 Q2 2022: 2 new, 8 added, 3 reduced, 0 exited

25 rows
ELV ELEVANCE HEALTH INCHealthcare18.7%$540m1.19m−1.8%reduced
APO APOLLO GLOBAL MGMT INCFinancial Services12.6%$365m7.85m+5.7%added
FNF FIDELITY NATIONAL FINANCIALFinancial Services11.7%$340m9.39m+3.0%added
PRI PRIMERICA INCFinancial Services9.4%$271m2.20m−0.1%held
LAD LITHIA MTRS INCConsumer Cyclical8.4%$244m1.14m+15%added
RJF RAYMOND JAMES FINANCIAL INCFinancial Services7.6%$221m2.24m−0.3%held
JPM JPMORGAN CHASE & COFinancial Services6.3%$181m1.74m−0.1%held
OMF ONEMAIN HLDGS INCFinancial Services5.5%$159m5.38m+86%added
VVV VALVOLINE INCConsumer Cyclical4.8%$138m5.45m−28%reduced
URI UNITED RENTALS INCIndustrials4.2%$122m451,6390.0%held
DHI D R HORTON INCConsumer Cyclical3.8%$109m1.62m−0.3%held
HCA HCA HEALTHCARE INCHealthcare2.7%$77.4m420,871+0.2%held
LEN LENNAR CORPConsumer Cyclical2.3%$66.9m897,919+11%added
ABG ASBURY AUTOMOTIVE GROUP INCConsumer Cyclical1.0%$30.3m200,447–new
AM ANTERO MIDSTREAM CORPEnergy0.7%$21.6m2.35m−1.4%reduced
UNH UNITEDHEALTH GROUP INCHealthcare0.04%$1.2m2,4660.0%held
CMCSA COMCAST CORP NEWCommunication Services0.03%$912k31,0940.0%held
MCO MOODYS CORPFinancial Services0.03%$761k3,1290.0%held
GOOG ALPHABET INCCommunication Services0.02%$663k6,900+1900%added
GOOGL ALPHABET INCCommunication Services0.02%$536k5,600+1900%added
BAC BANK OF AMER CORPFinancial Services0.02%$439k14,5320.0%held
FAF FIRST AMERN FINL CORPFinancial Services0.01%$254k5,500+38%added
PHM PULTE GROUP INCConsumer Cyclical0.01%$232k6,200–new
AMZN AMAZON COM INCConsumer Cyclical0.01%$215k1,9000.0%held
PGR PROGRESSIVE CORPFinancial Services0.01%$203k1,7460.0%held

Sector mix

  • Financial Services53.2%
  • Healthcare21.4%
  • Consumer Cyclical20.4%
  • Industrials4.2%
  • Energy0.7%
  • Communication Services0.07%

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