中文
Value GiantsValue investors’ 13F holdings, as a whole
Q2 2026 13FData as of Aug 18, 2026
Quality value

Glenn Greenberg

Q2 2026 13F: 40 holdings worth about $4.6B; that quarter 7 new, 6 added, 15 trimmed, 3 sold out.

Firm: Brave Warrior Advisors, LLC
Filer: Brave Warrior Advisors, LLC CIK 1553733
Last filed: Aug 14, 2026 | Quality value | Counted in this quarter’s totals

13F lists only long positions in US-listed stocks (and some ETFs and convertibles); short positions, cash, bonds, shares listed outside the US and private companies are not shown, so this is not the giant’s whole portfolio.

Why This Giant Is Included

  • Rule numbers (Q2 2026): 40 holdings, top 10 = 74%, stocks $4.6B, options 0%; all four rules met
  • Source for the value approach: Brave Warrior Advisors, LLC - Part 2A of Form ADV, The Brochure (March 25, 2026) (Brave Warrior Advisors, LLC (SEC Investment Adviser Public Disclosure, CRD 108894), 2026-03-25, p. 2): “Investments are made in demonstrably healthy businesses that Brave Warrior believes will be successful in the long-term.” (checked 2026-10-11)

Full selection rules →

13F value
$4.6B
previous $4.0B (+13.6%)
Holdings
40
7 new / 3 sold out
Net deploymentest.
−5.3%
est. net buying ÷ last quarter’s portfolio
Top-10 concentration
74%
overlap with the composite 4%
Turnoverest.
8.6%
held 16 quarters on average
I

Trades in Q2 2026

Sorted by position shift: how many percentage points of the portfolio the trade moved.

How to Read This

Share changes are split-adjusted. Est. trade price = (start + end price) ÷ 2; 13F does not show the actual trade date or price.

MoveCompanyChange in sharesChange %Position shift (pts)Start → end priceEst. trade price
TrimmedSNXTD Synnex Corp−1.61M−53%−9.39$168.71 → $267.34$218.03
NewAJGArthur J. Gallagher & Co+1.29M—+6.43$216.58 → $229.57$223.08
TrimmedFGF&G Annuities & Life, Inc−2.87M−54%−1.66$25.32 → $26.59$25.95
TrimmedMRPMillrose Properties, Inc−2.49M−29%−1.63$28.00 → $30.05$29.02
AddedRYAAYRyanair Holdings PLC+919.3K+30%+1.30$57.80 → $64.75$61.27
TrimmedELVElevance Health, Inc−145.4K−13%−1.23$292.75 → $386.73$339.74
AddedICLRIcon PLC+156.5K+5%+0.59$110.66 → $173.71$142.19
TrimmedOMFOneMain Holdings, Inc−118.2K−2%−0.16$53.49 → $60.97$57.23
TrimmedSLMSLM Corp−203.2K−1%−0.11$21.41 → $25.94$23.68
TrimmedANAutoNation Inc−23.6K−2%−0.10$195.26 → $185.79$190.53
TrimmedMPLXMPLX LP−73.0K−2%−0.09$57.07 → $56.33$56.70
TrimmedPRIPrimerica, Inc−13.5K−2%−0.08$250.48 → $284.20$267.34
TrimmedLENLennar Corp−36.9K−2%−0.07$86.84 → $90.49$88.66
TrimmedCOFCapital One Financial Corp−15.3K−2%−0.07$182.43 → $200.62$191.53
TrimmedBLDRBuilders FirstSource, Inc−31.7K−1%−0.06$82.33 → $89.48$85.90
TrimmedFNFFidelity National Financial, Inc−55.3K−2%−0.06$46.38 → $47.16$46.77
TrimmedDHID.R. Horton−9.1K−1%−0.03$137.22 → $162.88$150.05
AddedHCAHCA Healthcare Inc+3.5K+263%+0.03$473.24 → $389.89$431.57
AddedMSFTMicrosoft Corp+2.2K+111%+0.02$370.17 → $373.02$371.60
NewSPGIS&P Global Inc+1.4K—+0.01$425.34 → $407.26$416.30
Sold outARESAres Management Corp−5.0K—−0.01$109.10 → $111.31$110.20
NewNUNu Holdings Ltd+40.0K—+0.01— → $13.36—
Sold outAPOApollo Global Management, Inc−4.5K—−0.01$111.42 → $118.31$114.87
AddedMAMastercard Inc+750+178%+0.01$499.66 → $513.60$506.63
TrimmedAMAntero Midstream Corp−16.2K−1%−0.01$22.80 → $22.75$22.77
Sold outFAFFirst American Financial Corp−5.0K—−0.01$60.29 → $68.59$64.44
NewTXNTexas Instruments Inc+1.0K—+0.01$194.14 → $298.07$246.11
AddedAMZNAmazon.com Inc+1.2K+89%+0.01$208.27 → $238.34$223.31
NewADIAnalog Devices Inc+612—+0.01$318.14 → $397.17$357.65
NewVVisa Inc+618—+0.00$302.24 → $343.09$322.66
NewUNHUnitedHealth Group Inc+499—+0.00$270.59 → $415.63$343.11
II

All Holdings (39 Companies)

Share classes of one company are combined; click a heading to re-sort.

How to Read This

Est. average cost: shares bought each quarter × (start + end price) ÷ 2, weighted; trims do not change the cost. Positions held before Q1 1999 (or the giant’s earliest electronic filing) start from that quarter’s price and are marked ‘start point’. vs cost = quarter-end price ÷ est. average cost − 1, excluding dividends.

CompanySectorWeight (prev.)SharesValueThis quarterFirst boughtQuarters heldEst. avg costQuarter-end pricevs costHistory
ICLRIcon PLCHealth care11.9%8.2%3.15M$547.8MAdded +5%Q1 20262$146.23est.$173.71+19%History
OMFOneMain Holdings, IncFinancials10.1%10.2%7.59M$462.5MTrimmed −2%Q2 202217$41.56est.$60.97+47%History
SNXTD Synnex CorpIndustrials8.4%12.8%1.44M$385.4MTrimmed −53%Q1 202410$112.17est.$267.34+138%History
ELVElevance Health, IncHealth care8.2%8.1%976.9K$377.8MTrimmed −13%Q3 201928$371.15est.$386.73+4%History
SLMSLM CorpFinancials7.6%7.2%13.38M$347.1MTrimmed −1%Q1 20256$28.50est.$25.94−9%History
AJGArthur J. Gallagher & CoFinancials6.4%—1.29M$295.0MNewQ2 20261$223.08est.$229.57+3%History
ANAutoNation IncConsumer discretionary6.2%7.5%1.52M$283.2MTrimmed −2%Q4 202215$172.06est.$185.79+8%History
RYAAYRyanair Holdings PLCIndustrials5.6%4.3%3.96M$256.3MAdded +30%Q4 202311$74.10est.$64.75−13%History
PRIPrimerica, IncFinancials5.4%5.5%865.9K$246.1MTrimmed −2%Q1 201258$122.02est.start point$284.20+133%History
LENLennar CorpIndustrials4.7%5.2%2.37M$214.7MTrimmed −2%Q1 202218$135.04est.$90.49−33%History
BLDRBuilders FirstSource, IncConsumer discretionary4.6%4.8%2.34M$209.4MTrimmed −1%Q1 20256$125.47est.$89.48−29%History
COFCapital One Financial CorpFinancials4.3%4.5%989.0K$198.4MTrimmed −2%Q4 20247$191.72est.$200.62+5%History
MRPMillrose Properties, IncReal estate3.9%5.9%6.03M$181.2MTrimmed −29%Q1 20256$28.47est.$30.05+6%History
MPLXMPLX LPIndustrials3.9%4.6%3.18M$179.2MTrimmed −2%Q2 202313$40.58est.$56.33+39%History
FNFFidelity National Financial, IncFinancials3.5%4.0%3.45M$162.6MTrimmed −2%Q2 202121$42.91est.$47.16+10%History
DHID.R. HortonIndustrials2.4%2.4%684.5K$111.5MTrimmed −1%Q1 202218$107.12est.$162.88+52%History
FGF&G Annuities & Life, IncFinancials1.4%3.4%2.48M$66.0MTrimmed −54%Q4 202215$20.23est.$26.59+31%History
AMAntero Midstream CorpUtilities0.9%1.0%1.82M$41.5MTrimmed −1%Q1 201930$5.36est.$22.75+325%History
GOOGLAlphabet IncInformation technology0.2%0.2%20.3K$8.6MHeldQ4 201735$80.70est.$357.37+343%History
HCAHCA Healthcare IncHealth care0.0%0.0%4.8K$1.9MAdded +263%Q1 202026$391.95est.$389.89−1%History
JPMJPMorgan Chase & CoFinancials0.0%0.0%5.6K$1.8MHeldQ3 201448$87.74est.$327.33+273%History
SUNBSunbelt Rentals Holdings, IncIndustrials0.0%0.0%23.8K$1.8MHeldQ1 20262$65.09est.$74.81+15%History
MSFTMicrosoft CorpInformation technology0.0%0.0%4.3K$1.6MAdded +111%Q4 202215$388.08est.$373.02−4%History
BACBank of America CorpFinancials0.0%0.0%14.5K$828KHeldQ4 201351$31.26est.$56.98+82%History
CMCSAComcast CorpCommunication & media0.0%0.0%31.1K$763KHeldQ4 201351$24.60est.$24.55−0%History
AMATApplied Materials IncInformation technology0.0%0.0%961$695KHeldQ4 20253$230.87est.$723.00+213%History
AMZNAmazon.com IncConsumer discretionary0.0%0.0%2.6K$632KAdded +89%Q1 202314$154.81est.$238.34+54%History
MAMastercard IncFinancials0.0%0.0%1.2K$602KAdded +178%Q3 20248$492.53est.$513.60+4%History
SPGIS&P Global IncFinancials0.0%—1.4K$571KNewQ2 20261$416.30est.$407.26−2%History
NUNu Holdings LtdFinancials0.0%—40.0K$534KNewQ2 20261$13.36est.$13.360%History
MARMarriott International IncConsumer discretionary0.0%0.0%1.2K$442KHeldQ2 202313$174.87est.$370.59+112%History
PGRProgressive CorpFinancials0.0%0.0%1.8K$391KHeldQ4 201927$84.96est.$218.45+157%History
TXNTexas Instruments IncInformation technology0.0%—1.0K$301KNewQ2 20261$246.11est.$298.07+21%History
ETEnergy Transfer LPUtilities0.0%0.0%15.0K$287KHeldQ1 20262$17.89est.$19.12+7%History
ADIAnalog Devices IncInformation technology0.0%—612$243KNewQ2 20261$357.65est.$397.17+11%History
MCOMoody’s CorpFinancials0.0%0.0%471$213KHeldQ3 20248$447.76est.$452.92+1%History
VVisa IncFinancials0.0%—618$212KNewQ2 20261$322.67est.$343.09+6%History
METAMeta Platforms, IncInformation technology0.0%0.0%373$210KHeldQ2 20255$653.37est.$563.29−14%History
UNHUnitedHealth Group IncHealth care0.0%—499$207KNewQ2 20261$343.11est.$415.63+21%History
III

Portfolio Map: Size Is Weight, Colour Is Gain or Loss against Cost

How to Read This

Each block is a company (up to 60); area = portfolio weight. The darker the colour, the further the quarter-end price is above (or below) the estimated cost: light 5–25%, medium 25–100%, darkest over 100%; grey is within 5%.

above costbelow costwithin 5%
Portfolio MapICLRIcon PLCOMFOneMain Holdings, IncSNXTD Synnex CorpELVElevance Health, In…SLMSLM CorpAJGArthur J. Gallagher & C…ANAutoNation IncRYAAYRyanair Holdings…PRIPrimerica, IncLENLennar CorpBLDRBuilders FirstSo…COFCapital One Fina…MRPMillrose Proper…MPLXMPLX LPFNFFidelity Na…DHID.R. Horto…FGAM
IV

Over Time

From Q1 2012, 58 quarters (this giant’s electronic 13F filings).

13F Value

13F Value$0$2.0B$4.0BQ1 2012Q3 2013Q1 2015Q3 2016Q1 2018Q3 2019Q1 2021Q3 2022Q1 2024Q2 2026

Holdings

Holdings010203040Q1 2012Q3 2013Q1 2015Q3 2016Q1 2018Q3 2019Q1 2021Q3 2022Q1 2024Q2 2026

Top-10 Concentration

Top-10 Concentration0%25%50%75%100%Q1 2012Q3 2013Q1 2015Q3 2016Q1 2018Q3 2019Q1 2021Q3 2022Q1 2024Q2 2026

Turnover (Est.)

Turnover0%10%20%Q1 2012Q3 2013Q1 2015Q3 2016Q1 2018Q3 2019Q1 2021Q3 2022Q1 2024Q2 2026

Sector Mix

Information technologyFinancialsCommunication & mediaConsumer discretionaryIndustrialsHealth careEnergyOther (incl. unclassified)
Sector Mix0%25%50%75%100%Q1 2012Q3 2013Q1 2015Q3 2016Q1 2018Q3 2019Q1 2021Q3 2022Q1 2024Q2 2026
V

Quarter by Quarter, with the Original Filings

* = not counted in that quarter’s totals. Links open the original SEC filing; 13F-HR/A is an amendment.

Show 58 Quarters
QuarterHoldingsNewSold out13F valueTurnoverNet deploymentSEC
Q2 20264073$4.6B8.6%−5.3%13F-HR
Q1 20263663$4.0B3.2%+8.2%13F-HR
Q4 20253322$4.3B8.0%−0.3%13F-HR
Q3 20253313$4.3B8.5%−3.5%13F-HR
Q2 20253533$4.4B8.8%−6.1%13F-HR
Q1 20253550$4.4B11.6%+9.4%13F-HR
Q4 20243024$4.0B3.7%−11.9%13F-HR
Q3 20243261$4.8B8.5%+2.5%13F-HR
Q2 20242713$4.5B5.6%−3.2%13F-HR
Q1 20242923$4.8B12.9%+4.2%13F-HR
Q4 20233026$4.2B3.3%−11.0%13F-HR
Q3 20233431$4.0B6.6%+3.9%13F-HR
Q2 20233251$3.8B2.0%+2.9%13F-HR
Q1 20232831$3.2B3.3%+0.6%13F-HR
Q4 20222643$3.2B5.4%−6.6%13F-HR
Q3 20222520$2.9B2.3%+4.1%13F-HR
Q2 20222312$2.9B10.2%+0.7%13F-HR
Q1 20222443$3.4B13.5%+12.0%13F-HR
Q4 20212312$3.1B2.3%−2.7%13F-HR
Q3 20212433$2.9B15.8%−0.8%13F-HR
Q2 20212433$2.9B8.9%−10.7%13F-HR
Q1 20212420$3.1B18.1%+0.4%13F-HR
Q4 20202201$2.7B3.1%+3.1%13F-HR
Q3 20202342$2.2B21.9%+1.4%13F-HR
Q2 20202112$2.0B7.2%+0.2%13F-HR 13F-HR/A
Q1 20202230$1.7B6.5%+20.1%13F-HR
Q4 20191931$1.9B9.6%−8.8%13F-HR
Q3 20191713$1.9B13.0%−1.9%13F-HR
Q2 20191912$1.9B13.5%−4.6%13F-HR
Q1 20192013$2.0B4.2%−10.9%13F-HR
Q4 20182251$2.0B2.5%+7.9%13F-HR
Q3 20181861$2.3B18.1%−7.3%13F-HR
Q2 20181311$2.4B5.7%+5.0%13F-HR
Q1 20181313$2.3B12.1%+0.8%13F-HR
Q4 20171532$2.3B12.6%+3.7%13F-HR
Q3 20171403$2.1B6.8%−7.6%13F-HR
Q2 20171734$2.3B13.2%+8.7%13F-HR
Q1 20171802$2.1B1.0%−8.6%13F-HR
Q4 20162020$2.1B14.6%−4.1%13F-HR
Q3 20161832$2.1B11.1%+6.5%13F-HR
Q2 20161741$1.8B12.1%−13.0%13F-HR
Q1 20161423$2.1B16.1%−5.0%13F-HR
Q4 20151501$2.5B4.3%−10.4%13F-HR
Q3 20151622$3.1B7.6%+4.4%13F-HR
Q2 20151621$3.5B9.7%−0.9%13F-HR
Q1 20151510$3.3B5.9%+1.9%13F-HR
Q4 20141442$2.9B23.7%+1.3%13F-HR
Q3 20141212$2.7B13.7%+1.7%13F-HR
Q2 20141310$2.5B11.8%+1.6%13F-HR
Q1 20141202$2.5B5.5%−5.3%13F-HR
Q4 20131441$2.4B7.7%−1.9%13F-HR
Q3 2013 *1122$2.2B9.9%−6.2%13F-HR
Q2 2013 *1101$2.2B6.5%+2.2%13F-HR
Q1 2013 *1212$1.9B20.3%+0.3%13F-HR
Q4 2012 *1321$1.7B9.4%+1.6%13F-HR
Q3 2012 *1211$1.6B9.1%+2.1%13F-HR
Q2 2012 *1201$1.4B6.4%+10.8%13F-HR
Q1 2012 *1300$1.4B——13F-HR
VI

Large Positions Sold Out

Positions that once made up 2% or more of the portfolio and were later sold out (latest 40): holding period and what became of the company, without profit or loss.

How to Read This

Sold out means the holding no longer appears on the 13F: it may have been sold, or the company was acquired or delisted. Company status is checked only for companies the giants together once held $100M or more of, from the company’s own SEC filings (for example 8-K item 1.03 = bankruptcy filing); a dash means not checked.

CompanyHeldPeak weightCompany since
UNHUnitedHealth Group IncQ4 2019 – Q3 20254%—
DFSDiscover Financial ServicesQ3 2023 – Q2 202511%Acquired or delisted May 29, 2025
LADLithia Motors IncQ1 2022 – Q2 20259%—
APOApollo Global Management, IncQ3 2021 – Q4 202416%—
RJFRaymond James Financial IncQ3 2018 – Q1 202411%Still filing with the SEC
URIUnited Rentals IncQ1 2022 – Q4 20236%—
VVVValvoline IncQ1 2021 – Q4 20229%Still filing with the SEC
BRK.BBerkshire Hathaway IncQ2 2019 – Q1 202218%—
AONAon plcQ3 2020 – Q1 202212%—
SCHWCharles Schwab CorpQ3 2012 – Q4 202115%—
METAMeta Platforms, IncQ1 2020 – Q4 20214%—
DLTRDollar Tree IncQ4 2019 – Q3 20216%—
CACCCredit Acceptance CorpQ3 2020 – Q2 20216%—
LENLennar CorpQ3 2018 – Q3 20209%—
DHID.R. HortonQ3 2018 – Q3 20204%—
ARAntero Resources CorpQ2 2015 – Q2 202013%—
CCitigroup IncQ3 2018 – Q4 20195%—
LBTYALiberty Global LtdQ1 2016 – Q3 201911%—
METAMeta Platforms, IncQ4 2018 – Q3 20197%—
BFHBread Financial Holdings, IncQ2 2017 – Q2 201918%—
—Liberty Global Holdings LtdQ2 2016 – Q2 20192%Still filing with the SEC
NLSNNielsen Holdings LtdQ1 2018 – Q1 201910%Acquired or delisted Oct 24, 2022
HCAHCA Healthcare IncQ3 2016 – Q4 201813%—
ESRXEvernorth Health IncQ2 2018 – Q3 20184%Acquired or delisted Dec 31, 2018
BNBrookfield CorpQ2 2015 – Q2 201813%—
—Sensata Technologies HoldingQ3 2016 – Q1 20186%Still filing with the SEC
IQVIQVIA Holdings IncQ4 2017 – Q1 20182%—
AXTAAxalta Coating Systems LtdQ1 2016 – Q4 20177%—
—IQVIA Holdings IncQ2 2017 – Q4 20176%Still filing with the SEC
JPM.WSJPMorgan Chase & CO-CW18Q1 2015 – Q3 20175%No SEC record found
—Terminix Global Holdings IncQ2 2017 – Q3 20173%Acquired or delisted Oct 24, 2022
ESRXEvernorth Health IncQ4 2016 – Q2 20176%Acquired or delisted Dec 31, 2018
—Liberty Global PLC LilacQ3 2016 – Q2 20172%Still filing with the SEC
CMPRCimpress PLCQ4 2014 – Q1 201715%Still filing with the SEC
HALHalliburton CoQ4 2014 – Q3 201611%Still filing with the SEC
BHCBausch Health Companies IncQ1 2012 – Q2 201637%Still filing with the SEC
EQIXEquinix IncQ2 2014 – Q1 20167%—
MSFTMicrosoft CorpQ3 2013 – Q4 20159%—
ESRXEvernorth Health IncQ4 2012 – Q3 201513%Acquired or delisted Dec 31, 2018
KMIKinder Morgan IncQ4 2014 – Q2 20156%—