4 managers · $51.5B totalData: SEC EDGAR 13F · 2026Q2
Manager holders · last 5 qtrsⓘ
4
2025Q2 – 2026Q2 · +1 QoQ
Total position
$51.5B
Combined value across tracked managers
Net move this quarter
↑ Adding
Weighted by holders' share change
HolderQ actionValue% of port.Style
BerkshireHold$51.3B17.14%Value / Long-term
MarkelHold$166M1.26%Insurance float / Long-term value
HoskingⓘTrim-6.72%$60M2.12%Contrarian value / Global diversified
GivernyⓘNew$16M0.53%Long-term growth-value
What managers sayⓘ
2026-09-28Colossus (Invest Like the Best / Business Breakdowns)NeutralNoah Shinn - Building Instinct: The Personal Agent - [Invest Like the Best, EP.493]Detail →
This quarter's performance exceeded expectations, primarily driven by sustained strong consumer spending, which recorded the strongest quarterly spending in three years. Revenue grew 11% year-on-year, surpassing the upper end of the full-year guidance range of 9%-10%.
Revenue increased 11% year-on-year, billings reached an all-time high, and high-end retail spending grew 18%.
The company launched the Center platform and acquired HyperCard to strengthen small and medium enterprise expense management. AI-driven programming efficiency improved by 30%, accelerating technology deployment. The Platinum Card update boosted cardholder engagement, and younger customers (Gen Z growth of 38%) outperformed the industry average.
Management reiterated the full-year revenue growth guidance of 9%-10%, but noted that the expiration of partnerships with Amazon and Lowe's would bring a slight headwind. The first-quarter EPS beat will be reinvested in marketing and technology, with full-year EPS guidance unchanged.
Positive signals: Management is confident in the ability of younger customers to adapt to economic fluctuations, and AI tools are enhancing operational efficiency. Negative signals: Air travel spending showed weakness in March-April (higher refunds), but the impact is limited.