First Manhattan 13F holdings, Q3 2020
First Manhattan disclosed 1309 US equity positions worth $19.4bn in its Q3 2020 13F filing. Its largest position is BRK/A at 25.6% of the reported book, followed by AAPL and MSFT. Versus Q2 2020 it opened 87 new positions, added to 211, reduced 373 and exited 145.
- $19.4bn
- Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
- 1,309
- Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
- 25.6%
- Largest position The largest single position as a share of the reported equity book.
- 53.9%
- Top 10 weight The ten largest positions together, as a share of the reported equity book.
- 13
- 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 Q2 2020: 87 new, 211 added, 373 reduced, 145 exited
| BRK/A BERKSHIRE HATHAWAY INC DEL | 25.6% | −0.6% | reduced |
| AAPL APPLE INC | 6.4% | +287% | added |
| MSFT MICROSOFT CORP | 5.7% | −3.7% | reduced |
| BROOKFIELD ASSET MGMT INC no ticker | 3.3% | +0.8% | added |
| DHR DANAHER CORP DEL | 2.5% | −1.9% | reduced |
| NESTLE S A no ticker | 2.5% | −0.8% | reduced |
| BRK/B BERKSHIRE HATHAWAY INC DEL | 2.5% | −2.3% | reduced |
| GOOG ALPHABET INC | 2.0% | −1.6% | reduced |
| UNH UNITEDHEALTH GROUP INC | 1.8% | +44% | added |
| IAC INTERACTIVECORP NEW no ticker | 1.6% | – | new |
| JNJ JOHNSON & JOHNSON | 1.5% | −7.2% | reduced |
| AZO AUTOZONE INC | 1.4% | +26% | added |
| TMO THERMO FISHER SCIENTIFIC INC | 1.3% | +2.6% | added |
| IAA-WUSD IAA INC | 1.3% | −4.0% | reduced |
| HONGBP HONEYWELL INTL INC | 1.2% | −0.9% | reduced |
| ORCL ORACLE CORP | 1.2% | −3.5% | reduced |
| KKR KKR & CO INC | 1.1% | −1.2% | reduced |
| V VISA INC | 1.1% | +3.9% | added |
| MDLZ MONDELEZ INTL INC | 1.0% | −0.4% | held |
| ACCENTURE PLC IRELAND no ticker | 1.0% | −1.5% | reduced |
| CMCSA COMCAST CORP NEW | 1.0% | +2.7% | added |
| FIS FIDELITY NATL INFORMATION SV | 1.0% | +1.2% | added |
| META META PLATFORMS INC | 0.9% | +0.7% | added |
| PYPL PAYPAL HLDGS INC | 0.9% | −0.1% | held |
| MCD MCDONALDS CORP | 0.9% | +23% | added |
| GDDY GODADDY INC | 0.9% | +2.6% | added |
| ICE INTERCONTINENTAL EXCHANGE IN | 0.8% | −1.6% | reduced |
| PM PHILIP MORRIS INTL INC | 0.7% | +0.9% | added |
| RECKITT BENCKISER GR no ticker | 0.6% | −0.7% | reduced |
| GOOGL ALPHABET INC | 0.6% | 0.0% | held |
| KEYS KEYSIGHT TECHNOLOGIES INC | 0.6% | +120% | added |
| KO COCA COLA CO | 0.6% | +1.7% | added |
| NEE NEXTERA ENERGY INC | 0.5% | +174% | added |
| LIBERTY MEDIA CORP DEL no ticker | 0.5% | −1.0% | reduced |
| DNKN DUNKIN BRANDS GROUP INC | 0.5% | −1.9% | reduced |
| NKE NIKE INC | 0.5% | −0.4% | held |
| MAR MARRIOTT INTL INC NEW | 0.4% | +12% | added |
| ALLY ALLY FINL INC | 0.4% | −3.6% | reduced |
| AXP AMERICAN EXPRESS CO | 0.4% | −10.0% | reduced |
| BROOKFIELD INFRAST PARTNERS no ticker | 0.4% | −2.8% | reduced |
| MTCH MATCH GROUP INC NEW | 0.4% | +104956% | added |
| GILD GILEAD SCIENCES INC | 0.4% | −8.7% | reduced |
| TEXAS PAC LD TR no ticker | 0.4% | −1.4% | reduced |
| ARWR ARROWHEAD PHARMACEUTICALS IN | 0.4% | 0.0% | held |
| AMZN AMAZON COM INC | 0.3% | +5.7% | added |
| FTV FORTIVE CORP | 0.3% | +1.4% | added |
| LYONDELLBASELL INDUSTRIES NV no ticker | 0.3% | −1.8% | reduced |
| BUD ANHEUSER BUSCH INBEV SA NV | 0.3% | +2.2% | added |
| ORLY OREILLY AUTOMOTIVE INC | 0.3% | +100% | added |
| SPGI S&P GLOBAL INC | 0.3% | −5.8% | reduced |
Exited since Q2 2020
| IACIEUR IAC INTERACTIVECORP | 2.0% | $346m |
| AIMT AIMMUNE THERAPEUTICS INC | 0.10% | $17.1m |
| ANATUSD AMERICAN NATL INS CO | 0.08% | $13.5m |
| AKBA AKEBIA THERAPEUTICS INC | 0.07% | $11.4m |
| GNW GENWORTH FINL INC | 0.04% | $6.1m |
| QFIN QFIN HOLDINGS INC | 0.02% | $4.1m |
| ITCIEUR INTRA-CELLULAR THERAPIES INC | 0.02% | $3.0m |
| SUPN SUPERNUS PHARMACEUTICALS | 0.01% | $2.2m |
| FIRST BANK OF THE PALM BEACHES no ticker | 0.01% | $1.3m |
| CARROLL BANCORP INC no ticker | 0.0% | $851k |
| CENTRAL FEDERAL CORP no ticker | 0.0% | $822k |
| KLXEUSD KLX ENERGY SERVICS HOLDNGS I | 0.0% | $758k |
| COWNEUR COWEN INC | 0.0% | $359k |
| SRCUSD SPIRIT RLTY CAP INC NEW | 0.0% | $174k |
| BKU BANKUNITED INC | 0.0% | $111k |
| STEEL PARTNERS HLDGS L P no ticker | 0.0% | $105k |
| FMBH FIRST MID BANCSHARES INC | 0.0% | $104k |
| PROV PROVIDENT FINL HLDGS INC | 0.0% | $93.0k |
| MSB FINL CORP NEW no ticker | 0.0% | $88.0k |
| MENLO THERAPEUTICS INC no ticker | 0.0% | $79.0k |
| SLCT SELECT BANCORP INC NEW | 0.0% | $61.0k |
| VGREUR VECTOR GROUP LTD | 0.0% | $58.0k |
| TXRH TEXAS ROADHOUSE INC | 0.0% | $52.0k |
| WELL WELLTOWER INC | 0.0% | $51.0k |
| 9998819D PINNACLE FINL PARTNERS INC | 0.0% | $41.0k |
| LUV Southwest Airlines Co. | 0.0% | $41.0k |
| HYG ISHARES TR | 0.0% | $40.0k |
| ADPT ADAPTIVE BIOTECHNOLOGIES COR | 0.0% | $31.0k |
| SDCCQ SMILEDIRECTCLUB INC | 0.0% | $31.0k |
| SKYY FIRST TR EXCHANGE-TRADED FD | 0.0% | $27.0k |
| SGMOQ SANGAMO THERAPEUTICS INC | 0.0% | $26.0k |
| OEF ISHARES TR | 0.0% | $24.0k |
| LRCX LAM RESEARCH CORP | 0.0% | $23.0k |
| PRGO PERRIGO CO PLC | 0.0% | $23.0k |
| SC SANTANDER CONSUMER USA HDG I | 0.0% | $22.0k |
| CBL & ASSOC PPTYS INC no ticker | 0.0% | $21.0k |
| CITUSD CIT GROUP INC | 0.0% | $20.0k |
| SNX TD SYNNEX CORPORATION | 0.0% | $20.0k |
| TMMEUR ALIO GOLD INC | 0.0% | $20.0k |
| AES AES CORP | 0.0% | $19.0k |
| ALRS ALERUS FINL CORP | 0.0% | $19.0k |
| RRX REGAL REXNORD CORPORATION | 0.0% | $19.0k |
| SWKS SKYWORKS SOLUTIONS INC | 0.0% | $19.0k |
| FEDERAL RLTY INVT TR no ticker | 0.0% | $18.0k |
| UNITED BANCSHARES no ticker | 0.0% | $18.0k |
| COLFAX CORP no ticker | 0.0% | $17.0k |
| AGG ISHARES TR | 0.0% | $17.0k |
| NAVI NAVIENT CORPORATION | 0.0% | $17.0k |
| NNN NNN REIT INC | 0.0% | $17.0k |
| PHM PULTE GROUP INC | 0.0% | $17.0k |
| IPGP IPG PHOTONICS CORP | 0.0% | $16.0k |
| IVW ISHARES TR | 0.0% | $16.0k |
| OCN2EUR OCWEN FINL CORP | 0.0% | $16.0k |
| APOLLO SENIOR FLOA no ticker | 0.0% | $15.0k |
| LMEUR LEGG MASON INC | 0.0% | $15.0k |
| MYLAN NV no ticker | 0.0% | $15.0k |
| DOC HEALTHPEAK PROPERTIES INC | 0.0% | $14.0k |
| FENY FIDELITY COVINGTON TRUST | 0.0% | $14.0k |
| FTNT FORTINET INC | 0.0% | $14.0k |
| GLNG GOLAR LNG LTD | 0.0% | $14.0k |
| MANH MANHATTAN ASSOCIATES INC | 0.0% | $14.0k |
| RS RELIANCE INC | 0.0% | $14.0k |
| PROSPECT CAP CORP no ticker | 0.0% | $13.0k |
| VIPER ENERGY PARTNERS LP no ticker | 0.0% | $13.0k |
| BHF BRIGHTHOUSE FINL INC | 0.0% | $13.0k |
| HAIN HAIN CELESTIAL GROUP INC | 0.0% | $13.0k |
| IVZ INVESCO LTD | 0.0% | $13.0k |
| OKTA OKTA INC | 0.0% | $13.0k |
| RGLD ROYAL GOLD INC | 0.0% | $13.0k |
| ROST ROSS STORES INC | 0.0% | $13.0k |
| TOL TOLL BROTHERS INC | 0.0% | $13.0k |
| WRKUSD WESTROCK CO | 0.0% | $13.0k |
| CNX MIDSTREAM PARTNERS LP no ticker | 0.0% | $11.0k |
| ASML ASML HLDG NV | 0.0% | $11.0k |
| JBLU JETBLUE AIRWAYS CORP | 0.0% | $11.0k |
| KDP KEURIG DR PEPPER INC | 0.0% | $11.0k |
| ROKU ROKU INC | 0.0% | $11.0k |
| TKR TIMKEN CO | 0.0% | $11.0k |
| JBL JABIL INC | 0.0% | $10.0k |
| CDW CDW CORP | 0.0% | $9.0k |
| SAVEEUR SPIRIT AIRLS INC | 0.0% | $9.0k |
| UI UBIQUITI INC | 0.0% | $9.0k |
| AL1 AIR LEASE CORP | 0.0% | $8.0k |
| EWU ISHARES TR | 0.0% | $8.0k |
| ATLANTICA SUSTAINABLE INFR P no ticker | 0.0% | $8.0k |
| M Macy's, Inc | 0.0% | $8.0k |
| SAP SAP SE | 0.0% | $8.0k |
| INTU INTUIT | 0.0% | $7.0k |
| TTEN TOTAL S.A. | 0.0% | $7.0k |
| CRH PLC no ticker | 0.0% | $6.0k |
| PACER FUNDS TRUST no ticker | 0.0% | $6.0k |
| AGCO AGCO CORP | 0.0% | $6.0k |
| ARNC1USD ARCONIC CORPORATION | 0.0% | $6.0k |
| OMF ONEMAIN HLDGS INC | 0.0% | $6.0k |
| RELX RELX PLC | 0.0% | $6.0k |
| BMO BANK MONTREAL MEDIUM | 0.0% | $5.0k |
| CRNC CERENCE INC | 0.0% | $5.0k |
| GTX GARRETT MOTION INC | 0.0% | $5.0k |
| MTG MGIC INVT CORP WIS | 0.0% | $5.0k |
| MXIM MAXIM INTEGRATED PRODS INC | 0.0% | $5.0k |
| SHLXUSD SHELL MIDSTREAM PARTNERS L P | 0.0% | $5.0k |
| UBS UBS GROUP AG | 0.0% | $5.0k |
| WSFS WSFS FINL CORP | 0.0% | $5.0k |
| AA ALCOA CORP | 0.0% | $4.0k |
| AGO ASSURED GUARANTY LTD | 0.0% | $4.0k |
| CNK CINEMARK HLDGS INC | 0.0% | $4.0k |
| SENSATA TECHNOLOGIES HLDG PL no ticker | 0.0% | $4.0k |
| MOH MOLINA HEALTHCARE INC | 0.0% | $4.0k |
| PLYM PLYMOUTH INDL REIT INC | 0.0% | $4.0k |
| PUK PRUDENTIAL PLC | 0.0% | $4.0k |
| QGEN QIAGEN NV | 0.0% | $4.0k |
| UA UNDER ARMOUR INC | 0.0% | $4.0k |
| VVUSUSD VIVUS INC | 0.0% | $4.0k |
| WYNEUR WYNDHAM DESTINATIONS INC | 0.0% | $4.0k |
| ACHC ACADIA HEALTHCARE COMPANY IN | 0.0% | $3.0k |
| BPOP POPULAR INC | 0.0% | $3.0k |
| CEQPUSD CRESTWOOD EQUITY PARTNERS LP | 0.0% | $3.0k |
| MSM MSC INDL DIRECT INC | 0.0% | $3.0k |
| CORE LABORATORIES N V no ticker | 0.0% | $3.0k |
| RIGL RIGEL PHARMACEUTICALS INC | 0.0% | $3.0k |
| AXCELLA HEALTH INC no ticker | 0.0% | $2.0k |
| DXJ WISDOMTREE TR | 0.0% | $2.0k |
| H HYATT HOTELS CORP | 0.0% | $2.0k |
| HDB HDFC BANK LTD | 0.0% | $2.0k |
| HEDJ WISDOMTREE TR | 0.0% | $2.0k |
| INFY INFOSYS LTD | 0.0% | $2.0k |
| AERCAP HOLDINGS NV no ticker | 0.0% | $2.0k |
| PDBC INVESCO ACTVELY MNGD ETC FD | 0.0% | $2.0k |
| VOYA VOYA FINANCIAL INC | 0.0% | $2.0k |
| CHIMERA INVT CORP no ticker | 0.0% | $1.0k |
| EL PASO ENERGY CAP no ticker | 0.0% | $1.0k |
| ALDX ALDEYRA THERAPEUTICS INC | 0.0% | $1.0k |
| ALEC ALECTOR INC | 0.0% | $1.0k |
| APY1EUR CHAMPIONX CORPORATION | 0.0% | $1.0k |
| AVLRUSD AVALARA INC | 0.0% | $1.0k |
| CACI CACI INTL INC | 0.0% | $1.0k |
| CVA1EUR COVANTA HLDG CORP | 0.0% | $1.0k |
| FLR FLUOR CORP | 0.0% | $1.0k |
| GAP GAP INC | 0.0% | $1.0k |
| OBSEVA SA no ticker | 0.0% | $1.0k |
| ODPEUR OFFICE DEPOT INC | 0.0% | $1.0k |
| SLM SLM CORP | 0.0% | $1.0k |
| SPEM SPDR INDEX SHS FDS | 0.0% | $1.0k |
| TDC TERADATA CORP DEL | 0.0% | $1.0k |
| VNDA VANDA PHARMACEUTICALS INC | 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