First Manhattan 13F holdings, Q1 2018
First Manhattan disclosed 1365 US equity positions worth $17.6bn in its Q1 2018 13F filing. Its largest position is BRK/A at 24.8% of the reported book, followed by MSFT and BROOKFIELD ASSET MGMT INC. Versus Q4 2017 it opened 58 new positions, added to 166, reduced 402 and exited 128.
- $17.6bn
- Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
- 1,365
- Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
- 24.8%
- Largest position The largest single position as a share of the reported equity book.
- 47.2%
- Top 10 weight The ten largest positions together, as a share of the reported equity book.
- 14
- Effective positions 1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
- 111
- Quarters on file since Q1 1999 Quarters for which this manager's 13F holdings are on record.
Holdings
Against Q4 2017: 58 new, 166 added, 402 reduced, 128 exited
| BRK/A BERKSHIRE HATHAWAY INC DEL | 24.8% | −0.4% | held |
| MSFT MICROSOFT CORP | 3.7% | −3.1% | reduced |
| BROOKFIELD ASSET MGMT INC no ticker | 3.4% | −3.6% | reduced |
| AAPL APPLE INC | 3.2% | −1.1% | reduced |
| BRK/B BERKSHIRE HATHAWAY INC DEL | 3.0% | −0.9% | reduced |
| RECKITT BENCKISER GR no ticker | 2.2% | −1.2% | reduced |
| NESTLE S A no ticker | 2.1% | −4.6% | reduced |
| JNJ JOHNSON & JOHNSON | 1.8% | +1.2% | added |
| DHR DANAHER CORP DEL | 1.5% | −2.2% | reduced |
| HONGBP HONEYWELL INTL INC | 1.5% | −2.6% | reduced |
| WFC WELLS FARGO & CO | 1.4% | −0.7% | reduced |
| GILD GILEAD SCIENCES INC | 1.2% | −1.1% | reduced |
| ARMK ARAMARK | 1.2% | −0.8% | reduced |
| ORCL ORACLE CORP | 1.2% | +1.8% | added |
| CMCSA COMCAST CORP NEW | 1.1% | −0.4% | held |
| BUD ANHEUSER BUSCH INBEV SA NV | 1.0% | −4.2% | reduced |
| PFE PFIZER INC | 1.0% | −0.8% | reduced |
| DNKN DUNKIN BRANDS GROUP INC | 1.0% | +79% | added |
| PM PHILIP MORRIS INTL INC | 0.9% | +1.7% | added |
| MMM 3M CO | 0.8% | −2.1% | reduced |
| FDX FEDEX CORP | 0.8% | +2.4% | added |
| MDLZ MONDELEZ INTL INC | 0.8% | +45% | added |
| SCI SERVICE CORP INTL | 0.8% | −0.6% | reduced |
| ACCENTURE PLC IRELAND no ticker | 0.7% | +2.7% | added |
| UHAL U HAUL HOLDING COMPANY | 0.7% | −1.8% | reduced |
| GOOG ALPHABET INC | 0.7% | +6.5% | added |
| TMO THERMO FISHER SCIENTIFIC INC | 0.6% | −2.5% | reduced |
| IACIEUR IAC INTERACTIVECORP | 0.6% | +6.6% | added |
| AXP AMERICAN EXPRESS CO | 0.6% | −2.1% | reduced |
| ALLY ALLY FINL INC | 0.6% | −11% | reduced |
| CNQ CANADIAN NAT RES LTD MED TER | 0.5% | −0.4% | held |
| GOOGL ALPHABET INC | 0.5% | +13% | added |
| TEXAS PAC LD TR no ticker | 0.5% | −0.3% | held |
| ROCKWELL COLLINS INC no ticker | 0.4% | −3.2% | reduced |
| COP CONOCOPHILLIPS | 0.4% | −5.5% | reduced |
| RHI ROBERT HALF INC. | 0.4% | −4.8% | reduced |
| CBS CORP NEW no ticker | 0.4% | +23% | added |
| OPLN OPENLANE INC | 0.4% | −1.2% | reduced |
| USB US BANCORP | 0.4% | −9.0% | reduced |
| BROOKFIELD INFRAST PARTNERS no ticker | 0.4% | −0.3% | held |
| WBC1EUR WABCO HLDGS INC | 0.4% | 0.0% | held |
| HRG GROUP INC no ticker | 0.4% | −14% | reduced |
| ENTA ENANTA PHARMACEUTICALS INC | 0.4% | −20% | reduced |
| AZO AUTOZONE INC | 0.4% | +0.8% | added |
| MO ALTRIA GROUP INC | 0.4% | +0.1% | held |
| PYPL PAYPAL HLDGS INC | 0.4% | −18% | reduced |
| UTXZ UNITED TECHNOLOGIES CORP | 0.4% | −0.5% | reduced |
| BEIERSDORF AG no ticker | 0.4% | −1.7% | reduced |
| ULTA ULTA BEAUTY INC | 0.4% | +18% | added |
| OMC OMNICOM GROUP INC | 0.4% | −3.2% | reduced |
Exited since Q4 2017
| AGRIUM INC no ticker | 0.1% | $23.9m |
| MOMOUSD MOMO INC | 0.08% | $14.0m |
| IKANG HEALTHCARE GROUP INC no ticker | 0.04% | $7.6m |
| LIBERTY GLOBAL PLC no ticker | 0.03% | $5.2m |
| PRTA PROTHENA CORP PLC | 0.02% | $4.0m |
| GHDX GENOMIC HEALTH INC | 0.02% | $3.8m |
| ENTELLUS MED INC no ticker | 0.02% | $3.5m |
| SNI SCRIPPS NETWORKS INTERACT IN | 0.02% | $3.1m |
| EMERALD EXPOSITIONS EVENTS I no ticker | 0.01% | $2.4m |
| TELETECH HOLDINGS INC no ticker | 0.01% | $1.4m |
| BLACKROCK ENGY&RES no ticker | 0.01% | $1.3m |
| LIBERTY INTERACTIVE CORP no ticker | 0.01% | $973k |
| PRICELINE GRP INC no ticker | 0.01% | $921k |
| WASHINGTONFIRST BANKSHARES I no ticker | 0.0% | $909k |
| LIBERTY GLOBAL PLC no ticker | 0.0% | $837k |
| JEFFERIES GROUP INC no ticker | 0.0% | $628k |
| POWERSHARES ETF TR II no ticker | 0.0% | $513k |
| CNCEEUR CONCERT PHARMACEUTICALS INC | 0.0% | $463k |
| HBIO HARVARD BIOSCIENCE INC | 0.0% | $432k |
| ROP ROPER TECHNOLOGIES INC | 0.0% | $431k |
| SBAC SBA COMMUNICATIONS CORP | 0.0% | $429k |
| FLT1EUR FLEETCOR TECHNOLOGIES INC | 0.0% | $360k |
| BMRC BANK OF MARIN BANCORP | 0.0% | $342k |
| CENTRAL FD CDA LTD no ticker | 0.0% | $324k |
| G GENPACT LIMITED | 0.0% | $322k |
| AOS SMITH A O CORP | 0.0% | $263k |
| MUB ISHARES TR | 0.0% | $252k |
| POT1EUR POTASH CORP SASK INC | 0.0% | $234k |
| DXCM DEXCOM INC | 0.0% | $223k |
| ASML ASML HLDG NV | 0.0% | $201k |
| ARCPEUR VEREIT INC | 0.0% | $186k |
| BWXT BWX TECHNOLOGIES INC | 0.0% | $184k |
| AIRMEDIA GROUP INC no ticker | 0.0% | $179k |
| CHICAGO BRIDGE & IRON CO N V no ticker | 0.0% | $161k |
| TCP TC PIPELINES LP | 0.0% | $161k |
| CBRL CRACKER BARREL OLD CTRY STOR | 0.0% | $158k |
| TIME1EUR TIME INC NEW | 0.0% | $131k |
| ELME ELME COMMUNITIES | 0.0% | $124k |
| CLOUGH GBL DIV & INC no ticker | 0.0% | $108k |
| MPT MEDICAL PPTYS TRUST INC | 0.0% | $107k |
| MODUSLINK GLOBAL SOLUTIONS I no ticker | 0.0% | $93.0k |
| CASY CASEYS GEN STORES INC | 0.0% | $89.0k |
| WRIGHT MED GROUP N V no ticker | 0.0% | $88.0k |
| CERNCHF CERNER CORP | 0.0% | $87.0k |
| ALXN ALEXION PHARMACEUTICALS INC | 0.0% | $82.0k |
| INVH INVITATION HOMES INC | 0.0% | $82.0k |
| SPLKCHF SPLUNK INC | 0.0% | $79.0k |
| NEW YORK REIT INC no ticker | 0.0% | $78.0k |
| ASA GLD&PRECIOUS MT no ticker | 0.0% | $74.0k |
| VCIT VANGUARD SCOTTSDALE FDS | 0.0% | $74.0k |
| CHINA ZENIX AUTO INTL LTD no ticker | 0.0% | $70.0k |
| LIBERTY INTERACTIVE no ticker | 0.0% | $58.0k |
| AYI ACUITY INC | 0.0% | $55.0k |
| SRPT SAREPTA THERAPEUTICS INC | 0.0% | $55.0k |
| GABELLI EQUITY TRUST no ticker | 0.0% | $44.0k |
| POWERSHARES ETF TRII no ticker | 0.0% | $44.0k |
| AMER TOWER CORP no ticker | 0.0% | $43.0k |
| AMG AFFILIATED MANAGERS GROUP | 0.0% | $43.0k |
| SJNK SPDR SERIES TRUST | 0.0% | $42.0k |
| JOE ST JOE CO | 0.0% | $41.0k |
| LEGG MASON BW GLOB no ticker | 0.0% | $38.0k |
| IESC IES HOLDINGS INC | 0.0% | $34.0k |
| PBF PBF ENERGY INC | 0.0% | $33.0k |
| AXALTA COATING SYS LTD no ticker | 0.0% | $32.0k |
| 1885807D ATHENAHEALTH INC | 0.0% | $30.0k |
| BIVV BIOVERATIV INC | 0.0% | $30.0k |
| HANCOCK JOHN FINL OP no ticker | 0.0% | $29.0k |
| AVGO BROADCOM LTD | 0.0% | $29.0k |
| VDC VANGUARD WORLD FD | 0.0% | $28.0k |
| VOYA VOYA FINANCIAL INC | 0.0% | $28.0k |
| TG7 TRIUMPH GROUP INC NEW | 0.0% | $26.0k |
| OTEX OPEN TEXT CORP | 0.0% | $25.0k |
| ICONIX BRAND GROUP I no ticker | 0.0% | $24.0k |
| BETREUR AMPLIFY SNACK BRANDS | 0.0% | $24.0k |
| RGCGBP REGAL ENTMT GROUP | 0.0% | $23.0k |
| HIGHLAND FDS I no ticker | 0.0% | $20.0k |
| CR CRANE CO | 0.0% | $20.0k |
| 18614USD GOLDCORP INC NEW | 0.0% | $19.0k |
| DELTIC TIMBER CORP no ticker | 0.0% | $19.0k |
| VPU VANGUARD WORLD FD | 0.0% | $17.0k |
| CXOEUR CONCHO RES INC | 0.0% | $15.0k |
| RIO RIO TINTO PLC | 0.0% | $15.0k |
| ITGR INTEGER HLDGS CORP | 0.0% | $13.0k |
| GOLAR LNG PARTNERS LP no ticker | 0.0% | $13.0k |
| KONINKLIJKE PHILIPS N V no ticker | 0.0% | $11.0k |
| HAIN HAIN CELESTIAL GROUP INC | 0.0% | $11.0k |
| NGG NATIONAL GRID PLC | 0.0% | $10.0k |
| TTMI TTM TECHNOLOGIES INC | 0.0% | $10.0k |
| ALLIANZGI CNVRT&INC no ticker | 0.0% | $9.0k |
| HMSY HMS HLDGS CORP | 0.0% | $9.0k |
| LSCC LATTICE SEMICONDUCTOR CORP | 0.0% | $8.0k |
| NUANEUR NUANCE COMMUNICATIONS INC | 0.0% | $8.0k |
| CENVEO INC no ticker | 0.0% | $7.0k |
| ISTAR INC no ticker | 0.0% | $7.0k |
| LEGACY RESVS LP no ticker | 0.0% | $6.0k |
| CXDC CHINA XD PLASTICS CO LTD | 0.0% | $6.0k |
| FUELCELL ENERGY INC no ticker | 0.0% | $5.0k |
| STRAIGHT PATH COMMUNICATNS I no ticker | 0.0% | $5.0k |
| RL RALPH LAUREN CORP | 0.0% | $5.0k |
| TSS TOTAL SYS SVCS INC | 0.0% | $5.0k |
| ATI ATI INC | 0.0% | $4.0k |
| BAH BOOZ ALLEN HAMILTON HLDG COR | 0.0% | $4.0k |
| FNF FIDELITY NATIONAL FINANCIAL | 0.0% | $4.0k |
| LOGMEUR LOGMEIN INC | 0.0% | $4.0k |
| SHW SHERWIN WILLIAMS CO | 0.0% | $4.0k |
| CALPINE CORP no ticker | 0.0% | $3.0k |
| CHIMERA INVT CORP no ticker | 0.0% | $3.0k |
| INTREXON CORP no ticker | 0.0% | $3.0k |
| PENN PENN ENTERTAINMENT INC | 0.0% | $3.0k |
| PGFUSD PENGROWTH ENERGY CORP | 0.0% | $3.0k |
| ROST ROSS STORES INC | 0.0% | $3.0k |
| SRCLEUR STERICYCLE INC | 0.0% | $3.0k |
| OREXIGEN THERAPEUTCS no ticker | 0.0% | $2.0k |
| VANTIV INC no ticker | 0.0% | $2.0k |
| BSX BOSTON SCIENTIFIC CORP | 0.0% | $2.0k |
| FOSL FOSSIL GROUP INC | 0.0% | $2.0k |
| TROX TRONOX LTD | 0.0% | $2.0k |
| TRU TRANSUNION | 0.0% | $2.0k |
| ENVISION HEALTHCARE CORP no ticker | 0.0% | $1.0k |
| NATIONAL GEN HLDGS CORP no ticker | 0.0% | $1.0k |
| VALEANT PHARMACEUTICALS INTL no ticker | 0.0% | $1.0k |
| AKTX AKARI THERAPEUTICS PLC | 0.0% | $1.0k |
| DAKT DAKTRONICS INC | 0.0% | $1.0k |
| FATE FATE THERAPEUTICS INC | 0.0% | $1.0k |
| HOS HELIX ENERGY SOLUTIONS GRP I | 0.0% | $1.0k |
| PRKR PARKERVISION INC | 0.0% | $1.0k |
| SFM SPROUTS FMRS MKT INC | 0.0% | $1.0k |
| SHLDEUR SEARS HLDGS CORP | 0.0% | $1.0k |
Sector mix
Book over time
Every quarter on file (111)
| Quarter | Positions | Equity book |
|---|---|---|
| Q2 2026 | 741 | $39.2bn |
| Q1 2026 | 752 | $36.1bn |
| Q4 2025 | 728 | $38.1bn |
| Q3 2025 | 714 | $37.9bn |
| Q2 2025 | 698 | $35.4bn |
| Q1 2025 | 678 | $34.3bn |
| Q4 2024 | 680 | $34.1bn |
| Q3 2024 | 682 | $33.7bn |
| Q2 2024 | 669 | $31.2bn |
| Q1 2024 | 1,410 | $30.9bn |
| Q4 2023 | 1,436 | $28.8bn |
| Q3 2023 | 1,487 | $27.1bn |
| Q2 2023 | 1,423 | $27.3bn |
| Q1 2023 | 1,516 | $26.1bn |
| Q4 2022 | 1,678 | $27.3bn |
| Q3 2022 | 1,499 | $23.6bn |
| Q2 2022 | 1,533 | $24.8bn |
| Q1 2022 | 1,574 | $30.6bn |
| Q4 2021 | 1,558 | $30.3bn |
| Q3 2021 | 1,575 | $27.1bn |
| Q2 2021 | 1,546 | $27.4bn |
| Q1 2021 | 1,458 | $23.2bn |
| Q4 2020 | 1,320 | $20.9bn |
| Q3 2020 | 1,309 | $19.4bn |
| Q2 2020 | 1,367 | $17.3bn |
| Q1 2020 | 1,355 | $15.4bn |
| Q4 2019 | 1,286 | $19.9bn |
| Q3 2019 | 1,309 | $18.2bn |
| Q2 2019 | 1,353 | $18.0bn |
| Q1 2019 | 1,372 | $17.3bn |
| Q4 2018 | 1,352 | $16.1bn |
| Q3 2018 | 1,384 | $18.8bn |
| Q2 2018 | 1,341 | $17.3bn |
| Q1 2018 | 1,365 | $17.6bn |
| Q4 2017 | 1,435 | $18.3bn |
| Q3 2017 | 1,416 | $17.5bn |
| Q2 2017 | 1,378 | $17.1bn |
| Q1 2017 | 1,378 | $16.8bn |
| Q4 2016 | 1,361 | $16.4bn |
| Q3 2016 | 1,382 | $16.4bn |
| Q2 2016 | 1,448 | $16.3bn |
| Q1 2016 | 1,380 | $16.3bn |
| Q4 2015 | 1,405 | $16.3bn |
| Q3 2015 | 1,419 | $15.6bn |
| Q2 2015 | 1,436 | $16.9bn |
| Q1 2015 | 1,431 | $17.4bn |
| Q4 2014 | 1,464 | $17.7bn |
| Q3 2014 | 1,428 | $17.2bn |
| Q2 2014 | 1,403 | $15.8bn |
| Q1 2014 | 1,394 | $15.2bn |
| Q4 2013 | 1,359 | $15.1bn |
| Q3 2013 | 1,355 | $14.3bn |
| Q2 2013 | 1,351 | $14.5bn |
| Q1 2013 | 654 | $8.8bn |
| Q4 2012 | 656 | $8.0bn |
| Q3 2012 | 675 | $8.1bn |
| Q2 2012 | 660 | $7.7bn |
| Q1 2012 | 677 | $7.8bn |
| Q4 2011 | 677 | $6.9bn |
| Q3 2011 | 661 | $6.5bn |
| Q2 2011 | 692 | $7.8bn |
| Q1 2011 | 691 | $7.6bn |
| Q4 2010 | 698 | $7.2bn |
| Q3 2010 | 697 | $6.5bn |
| Q2 2010 | 674 | $5.7bn |
| Q1 2010 | 681 | $6.3bn |
| Q4 2009 | 680 | $5.9bn |
| Q3 2009 | 666 | $5.7bn |
| Q2 2009 | 649 | $4.7bn |
| Q1 2009 | 649 | $3.8bn |
| Q4 2008 | 666 | $4.7bn |
| Q3 2008 | 709 | $6.6bn |
| Q2 2008 | 745 | $7.3bn |
| Q1 2008 | 726 | $7.2bn |
| Q4 2007 | 749 | $7.8bn |
| Q3 2007 | 764 | $8.1bn |
| Q2 2007 | 768 | $8.2bn |
| Q1 2007 | 748 | $7.8bn |
| Q4 2006 | 748 | $7.7bn |
| Q3 2006 | 739 | $7.3bn |
| Q2 2006 | 728 | $7.1bn |
| Q1 2006 | 728 | $7.2bn |
| Q4 2005 | 712 | $6.6bn |
| Q3 2005 | 707 | $6.6bn |
| Q2 2005 | 706 | $7.1bn |
| Q2 2005 | 696 | $6.5bn |
| Q1 2005 | 692 | $6.4bn |
| Q4 2004 | 683 | $6.5bn |
| Q3 2004 | 668 | $5.9bn |
| Q2 2004 | 656 | $5.7bn |
| Q1 2004 | 643 | $5.5bn |
| Q4 2003 | 640 | $5.5bn |
| Q3 2003 | 619 | $5.0bn |
| Q2 2003 | 604 | $4.7bn |
| Q1 2003 | 602 | $4.0bn |
| Q4 2002 | 605 | $4.1bn |
| Q3 2002 | 582 | $3.9bn |
| Q2 2002 | 587 | $4.5bn |
| Q1 2002 | 591 | $4.7bn |
| Q4 2001 | 590 | $4.7bn |
| Q3 2001 | 572 | $4.2bn |
| Q2 2001 | 522 | $3.7bn |
| Q1 2001 | 573 | $4.4bn |
| Q4 2000 | 576 | $4.6bn |
| Q3 2000 | 557 | $4.5bn |
| Q2 2000 | 559 | $4.3bn |
| Q1 2000 | 596 | $4.3bn |
| Q4 1999 | 585 | $4.5bn |
| Q3 1999 | 557 | $4.7bn |
| Q2 1999 | 568 | $6.0bn |
| Q1 1999 | 442 | $4.6bn |
Where First Manhattan was early
| BAC BANK OF AMER CORP | Q2 1999 | 1 of 232 | 3.1% | Held at last filing, Q2 2026 | +55% |
| DBD DIEBOLD NIXDORF INC | Q2 1999 | 1 of 105 | 0.05% | Exited by Q2 2023 | – |
| ESINQ ITT EDUCATIONAL SVCS | Q2 1999 | 1 of 31 | 0.0% | Exited by Q3 2016 | −85% |
| ORCL ORACLE CORP | Q2 1999 | 16 of 256 | 0.0% | Held at last filing, Q2 2026 | +1479% |
| UNM UNUM GROUP | Q3 1999 | 2 of 117 | 1.3% | Exited by Q4 2020 | −43% |
| EXMOC EXXON MOBIL CORP | Q4 1999 | 5 of 193 | 0.5% | Held at last filing, Q2 2026 | +240% |
| F FORD MTR CO DEL | Q3 2000 | 1 of 181 | 1.9% | Exited by Q2 2024 | −48% |
| FMC FMC CORP | Q4 2000 | 1 of 157 | 0.2% | Exited by Q2 2024 | +310% |
| GILD GILEAD SCIENCES INC | Q1 2001 | 5 of 181 | 0.07% | Held at last filing, Q2 2026 | +6120% |
| USB US BANCORP | Q1 2001 | 5 of 162 | 0.2% | Held at last filing, Q2 2026 | +160% |
| ZBH ZIMMER BIOMET HOLDINGS INC | Q3 2001 | 3 of 144 | 0.3% | Exited by Q2 2026 | +236% |
| MMM 3M CO | Q2 2002 | 3 of 165 | 0.06% | Held at last filing, Q2 2026 | +215% |
| RRC RANGE RES CORP | Q3 2002 | 2 of 147 | 0.01% | Held at last filing, Q2 2026 | +1092% |
| COP CONOCOPHILLIPS | Q3 2002 | 5 of 155 | 0.02% | Held at last filing, Q2 2026 | +490% |
| CMCSA COMCAST CORP NEW | Q4 2002 | 5 of 219 | 0.02% | Held at last filing, Q2 2026 | +233% |
| MO ALTRIA GROUP INC | Q1 2003 | 3 of 153 | 0.7% | Held at last filing, Q2 2026 | +140% |
| SRE SEMPRA | Q1 2004 | 2 of 119 | 0.02% | Held at last filing, Q2 2026 | +483% |
| FHN FIRST HORIZON CORPORATION | Q2 2004 | 2 of 165 | 0.6% | Exited by Q1 2024 | −67% |
| UNH UNITEDHEALTH GROUP INC | Q2 2004 | 2 of 299 | 0.09% | Held at last filing, Q2 2026 | +1235% |
| CNQ CANADIAN NAT RES LTD MED TER | Q2 2004 | 3 of 142 | 0.01% | Held at last filing, Q2 2026 | +993% |
| PXGBX PRAXAIR INC | Q4 2004 | 2 of 68 | 0.0% | Exited by Q4 2018 | +264% |
| AAPL APPLE INC | Q1 2005 | 24 of 275 | 0.0% | Held at last filing, Q2 2026 | +19343% |
| AEE AMEREN CORP | Q2 2005 | 1 of 102 | 0.0% | Held at last filing, Q2 2026 | +104% |
| WU WESTERN UN CO | Q4 2006 | 5 of 133 | 1.0% | Exited by Q2 2024 | −38% |
| TEVA TEVA PHARMACEUTICAL INDS LTD | Q4 2006 | 9 of 182 | 0.3% | Held at last filing, Q2 2026 | +9.0% |
| DHR DANAHER CORP DEL | Q2 2007 | 17 of 235 | 0.01% | Held at last filing, Q2 2026 | +651% |
| S9Q SPIRIT AEROSYSTEMS HLDGS INC | Q1 2008 | 2 of 153 | 0.2% | Exited by Q2 2025 | +55% |
| PM PHILIP MORRIS INTL INC | Q1 2008 | 9 of 169 | 0.8% | Held at last filing, Q2 2026 | +258% |
| SNI SCRIPPS NETWORKS | Q3 2008 | 5 of 80 | 0.9% | Exited by Q1 2018 | +135% |
| AZN ASTRAZENECA PLC | Q4 2009 | 1 of 153 | 1.4% | Held at last filing, Q2 2026 | +304% |
| BUD ANHEUSER BUSCH INBEV SA NV | Q4 2011 | 2 of 129 | 1.8% | Held at last filing, Q2 2026 | +35% |
| BRK/A BERKSHIRE HATHAWAY INC DEL | Q2 2013 | 4 of 61 | 22.1% | Held at last filing, Q2 2026 | +344% |
| MSFT MICROSOFT CORP | Q2 2013 | 8 of 374 | 1.8% | Held at last filing, Q2 2026 | +980% |
| BRK/B BERKSHIRE HATHAWAY INC DEL | Q2 2013 | 11 of 180 | 1.9% | Held at last filing, Q2 2026 | +347% |
| PRGO PERRIGO CO PLC | Q1 2014 | 13 of 172 | 0.01% | Exited by Q2 2024 | −79% |
| ARMK ARAMARK | Q2 2014 | 12 of 177 | 0.03% | Exited by Q2 2024 | +74% |
| KKR KKR & CO INC | Q1 2019 | 22 of 211 | 0.8% | Held at last filing, Q2 2026 | +291% |
| TPL TEXAS PACIFIC LAND CORPORATI | Q1 2021 | 5 of 100 | 1.0% | Held at last filing, Q2 2026 | +148% |
| PPLI IAC INC | Q2 2021 | 15 of 156 | 1.7% | Exited by Q4 2025 | −73% |
| BN BROOKFIELD CORP | Q4 2022 | 8 of 115 | 1.9% | Held at last filing, Q2 2026 | +103% |
| LB LANDBRIDGE COMPANY LLC | Q2 2024 | 7 of 63 | 0.1% | Held at last filing, Q2 2026 | +242% |
Concentration and tenure
- 6.3%
- Median largest position, all quarters The largest single position as a share of the reported equity book.
- 33.0%
- 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
- 5
- Median completed holding, quarters