Manager holders · last 4 qtrsⓘ
6
2025Q2 – 2026Q1 · -1 QoQ
Total position
$1.2B
Combined value across tracked managers
Net move this quarter
↓ Trimming
Weighted by holders' share change
HolderQ actionValue% of port.Style
MarkelHold$800M6.7%Insurance float / Long-term value
GivernyⓘTrim-25.17%$181M6.64%Long-term growth-value
Punch CardHold$104M38.47%Ultra-concentrated / Deep value
HoskingⓘTrim-1.83%$73M2.63%Contrarian value / Global diversified
Greenlea LaneTrim-5.97%$45M13.14%Concentrated long-term value
Horizon KineticsⓘHold$18M0.2%Contrarian / Real assets
What managers sayⓘ
2026-05-01Southeastern Asset ManagementNeutralResearch Perspectives – May 2026Detail →
2025-05-28Hosking PartnersBullThe Capital Cycle WayDetail →
2023-06-30Oakmark FundsNeutralThe High Price of Low Volatility | U.S. Equity market commentary 2Q23Detail →
2023-01-17Horos Asset ManagementBullLetter to our co-investors 4Q22Detail →
2023-01-13Patient Capital ManagementBull“Every new beginning comes from some other beginning’s end.”Detail →
2022-12-31Southeastern Asset ManagementBull4Q22 Partners Fund CommentaryDetail →
2021-12-31Giverny CapitalNeutralGiverny Capital Annual Letter to Partners 2021Detail →
2018-06-30Oakmark FundsNeutralBill Nygren Market Commentary | 2Q18Detail →
Earnings Callsⓘ
No earnings call data yet
FinancialsⓘFY2025 · Source: SEC EDGAR 10-K
5y revenue CAGR 7% · latest net margin 27.1% · FCF consistently positive
Revenue$247.2B
Rev. YoY-1%
Gross margin—
Net margin27.1%
Net income$67.0B
Free cash flow$25.0B
Operating cash flow$46.0B
ROE9.3%