Manager holders · last 5 qtrsⓘ
3
2025Q2 – 2026Q2 · flat QoQ
Total position
$313M
Combined value across tracked managers
Net move this quarter
↓ Trimming
Weighted by holders' share change
HolderQ actionValue% of port.Style
MarkelHold$165M1.25%Insurance float / Long-term value
GivernyⓘAdd+2.64%$118M3.98%Long-term growth-value
MarathonTrim-20.79%$30M1.23%Capital cycle / Contrarian value
What managers sayⓘ
2025-04-09Colossus (Invest Like the Best / Business Breakdowns)NeutralGoosehead: Insuring Coverage - [Business Breakdowns, EP.212]Detail →
2024-12-31Giverny CapitalBullGiverny Capital Annual Letter to Partners 2024Detail →
2024-10-16Colossus (Invest Like the Best / Business Breakdowns)NeutralAIG: Rise, Fall, and Rebirth - [Business Breakdowns, EP.187]Detail →
2006-12-31Giverny CapitalBullGiverny Capital Annual Letter to Partners 2006Detail →
2004-12-31Giverny CapitalBullGiverny Capital Annual Letter to Partners 2004Detail →
2003-12-31Giverny CapitalBullGiverny Capital Annual Letter to Partners 2003Detail →
2002-12-31Giverny CapitalBullGiverny Capital Annual Letter to Partners 2002Detail →
2001-12-31Giverny CapitalBullGiverny Capital Annual Letter to Partners 2001Detail →
Earnings Callsⓘ
No earnings call data yet
FinancialsⓘFY2025 · Source: SEC EDGAR 10-K
5y revenue CAGR 16% · latest net margin 12.9% · FCF consistently positive
Revenue$87.7B
Rev. YoY+16.3%
Gross margin—
Net margin12.9%
Net income$11.3B
Free cash flow$17.2B
Operating cash flow$17.5B
ROE37.3%