PaperPanda Fund Terminal
Wallace Weitz
WEITZ INVESTMENT MANAGEMENT, INC. · CIK: 883965 · Report Period: 2025-12-31 · Filed: 2026-02-12
Portfolio Concentration
Top 10 holdings by weight — hover for cross-investor insights
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Holdings
Total: $1,686,582,601 · 44 positions
| # | Ticker | Issuer | Class | % of Portfolio | Value ($) | Shares | Activity | Share Change |
|---|---|---|---|---|---|---|---|---|
| 1 |
|
BERKSHIRE HATHAWAY INC DEL | COM | 8.6% | $144,185,153 | 286,850 | - | - |
| 2 |
|
DANAHER CORPORATION | COM | 7.0% | $117,653,434 | 513,950 | REDUCE | -13,000 |
| 3 |
|
ALPHABET INC | COM | 6.5% | $109,171,020 | 347,900 | REDUCE | -92,700 |
| 4 |
|
VISA INC | COM | 5.6% | $94,895,112 | 270,580 | - | - |
| 5 |
|
MASTERCARD INCORPORATED | COM | 5.3% | $89,000,192 | 155,900 | - | - |
| 6 |
|
THERMO FISHER SCIENTIFIC INC | COM | 4.6% | $78,196,778 | 134,950 | REDUCE | -15,500 |
| 7 |
|
AON PLC | COM | 4.6% | $77,187,207 | 218,735 | ADD | +5,285 |
| 8 |
|
META PLATFORMS INC | COM | 4.2% | $71,758,384 | 108,710 | - | - |
| 9 |
|
MICROSOFT CORP | COM | 4.2% | $70,596,430 | 145,975 | REDUCE | -8,000 |
| 10 |
|
IDEX CORP | COM | 4.1% | $69,659,062 | 391,475 | REDUCE | -15,000 |
| 11 |
|
VULCAN MATLS CO | COM | 3.5% | $59,953,244 | 210,200 | REDUCE | -2,500 |
| 12 |
|
AMAZON COM INC | COM | 3.0% | $51,357,450 | 222,500 | - | - |
| 13 |
|
COSTAR GROUP INC | COM | 2.9% | $48,402,714 | 719,850 | - | - |
| 14 |
|
BIO-TECHNE CORP | COM | 2.8% | $47,221,490 | 802,950 | ADD | +800 |
| 15 |
|
EQUIFAX INC | COM | 2.8% | $46,624,662 | 214,880 | ADD | +280 |
| 16 |
|
ACCENTURE PLC IRELAND | COM | 2.6% | $43,169,470 | 160,900 | ADD | +350 |
| 17 |
|
HEICO CORP NEW | COM | 2.4% | $41,090,303 | 162,779 | - | - |
| 18 |
|
GLOBAL PMTS INC | COM | 2.3% | $39,087,000 | 505,000 | REDUCE | -45,000 |
| 19 |
|
ANALOG DEVICES INC | COM | 2.1% | $36,015,360 | 132,800 | REDUCE | -6,500 |
| 20 |
|
OLD DOMINION FREIGHT LINE IN | COM | 1.9% | $32,739,840 | 208,800 | ADD | +300 |
| 21 |
|
LIBERTY BROADBAND CORP | COM | 1.9% | $31,638,600 | 651,000 | ADD | +150,500 |
| 22 |
|
TEXAS INSTRS INC | COM | 1.7% | $28,643,199 | 165,100 | ADD | +525 |
| 23 |
|
SIRIUSXM HOLDINGS INC | COM | 1.6% | $27,673,080 | 1,384,000 | - | - |
| 24 |
|
MARTIN MARIETTA MATLS INC | COM | 1.5% | $25,700,292 | 41,275 | - | - |
| 25 |
|
LABCORP HOLDINGS INC | COM | 1.5% | $25,025,280 | 99,750 | REDUCE | -40,000 |
Position Changes
8 quarters available
| # | Ticker | Issuer | Action | Share Change | % Change | Shares Held | Value ($) |
|---|---|---|---|---|---|---|---|
| 1 | - | GCI LIBERTY INC | SOLD | -100,100 | Exit | - | - |
| 2 | GOOG | ALPHABET INC | REDUCE | -92,700 | -21.0% | 347,900 | $109,171,020 |
| 3 | GPN | GLOBAL PMTS INC | REDUCE | -45,000 | -8.2% | 505,000 | $39,087,000 |
| 4 | LBRDK | LIBERTY BROADBAND CORP | ADD | +150,500 | +30.1% | 651,000 | $31,638,600 |
| 5 | ADI | ANALOG DEVICES INC | REDUCE | -6,500 | -4.7% | 132,800 | $36,015,360 |
| 6 | - | CARMAX INC | SOLD | -649,400 | Exit | - | - |
| 7 | DEO | DIAGEO PLC | REDUCE | -4,500 | -15.9% | 23,800 | $2,053,226 |
| 8 | TECH | BIO-TECHNE CORP | ADD | +800 | +0.1% | 802,950 | $47,221,490 |
| 9 | TMO | THERMO FISHER SCIENTIFIC INC | REDUCE | -15,500 | -10.3% | 134,950 | $78,196,778 |
| 10 | IT | GARTNER INC | REDUCE | -82,950 | -77.3% | 24,425 | $6,161,939 |
| 11 | AON | AON PLC | ADD | +5,285 | +2.5% | 218,735 | $77,187,207 |
| 12 | MSFT | MICROSOFT CORP | REDUCE | -8,000 | -5.2% | 145,975 | $70,596,430 |
| 13 | FTV | FORTIVE CORP | REDUCE | -1,000 | -2.2% | 45,400 | $2,506,534 |
| 14 | IEX | IDEX CORP | REDUCE | -15,000 | -3.7% | 391,475 | $69,659,062 |
| 15 | EFX | EQUIFAX INC | ADD | +280 | +0.1% | 214,880 | $46,624,662 |
| 16 | VLTO | VERALTO CORP | ADD | +500 | +1.3% | 38,000 | $3,791,640 |
| 17 | ACIW | ACI WORLDWIDE INC | ADD | +900 | +0.2% | 367,700 | $17,579,737 |
| 18 | ROP | ROPER TECHNOLOGIES INC | ADD | +5,125 | +16.3% | 36,550 | $16,269,502 |
| 19 | LKQX | LKQ CORP | REDUCE | -93,000 | -17.4% | 441,000 | $13,318,200 |
| 20 | ACN | ACCENTURE PLC IRELAND | ADD | +350 | +0.2% | 160,900 | $43,169,470 |
| 21 | EEFT | EURONET WORLDWIDE INC | NEW BUY | +160,000 | New | 160,000 | $12,177,600 |
| 22 | TXN | TEXAS INSTRS INC | ADD | +525 | +0.3% | 165,100 | $28,643,199 |
| 23 | LH | LABCORP HOLDINGS INC | REDUCE | -40,000 | -28.6% | 99,750 | $25,025,280 |
| 24 | ODFL | OLD DOMINION FREIGHT LINE IN | ADD | +300 | +0.1% | 208,800 | $32,739,840 |
| 25 | - | GCI LIBERTY INC | SOLD | -28,000 | Exit | - | - |
| 26 | VMC | VULCAN MATLS CO | REDUCE | -2,500 | -1.2% | 210,200 | $59,953,244 |
| 27 | DHR | DANAHER CORPORATION | REDUCE | -13,000 | -2.5% | 513,950 | $117,653,434 |
| 28 | LIN | LINDE PLC | ADD | +300 | +4.3% | 7,200 | $3,070,008 |
| 29 | - | RWT HLDGS INC | SOLD | -3,500,000 | Exit | - | - |
| 30 | CMCSA | COMCAST CORP NEW | REDUCE | -366,500 | -81.2% | 85,000 | $2,540,650 |
| 31 | - | CORECARD CORPORATION | SOLD | -515,000 | Exit | - | - |
| 32 | PRM | PERIMETER SOLUTIONS INC | REDUCE | -235,572 | -31.6% | 509,400 | $14,023,782 |
| 33 | CHTR | CHARTER COMMUNICATIONS INC | REDUCE | -101,955 | -99.4% | 650 | $135,688 |
| 34 | CDW | CDW CORP | ADD | +20,600 | +57.8% | 56,250 | $7,661,250 |
| 35 | IDXX | IDEXX LABS INC | REDUCE | -21,500 | -37.9% | 35,300 | $23,881,509 |
| # | Ticker | Issuer | Action | Share Change | % Change | Shares Held | Value ($) |
|---|---|---|---|---|---|---|---|
| 1 | - | GCI LIBERTY INC | NEW BUY | +100,100 | New | 100,100 | $3,730,727 |
| 2 | GOOG | ALPHABET INC | REDUCE | -5,000 | -1.1% | 440,600 | $107,308,130 |
| 3 | GPN | GLOBAL PMTS INC | REDUCE | -10,000 | -1.8% | 550,000 | $45,694,000 |
| 4 | ADI | ANALOG DEVICES INC | REDUCE | -1,700 | -1.2% | 139,300 | $34,226,010 |
| 5 | IT | GARTNER INC | ADD | +19,450 | +22.1% | 107,375 | $28,225,666 |
| 6 | MSFT | MICROSOFT CORP | ADD | +24,500 | +18.9% | 153,975 | $79,751,351 |
| 7 | V | VISA INC | REDUCE | -27,495 | -9.2% | 270,580 | $92,370,600 |
| 8 | FTV | FORTIVE CORP | ADD | +950 | +2.1% | 46,400 | $2,273,136 |
| 9 | MA | MASTERCARD INCORPORATED | REDUCE | -9,170 | -5.6% | 155,900 | $88,677,479 |
| 10 | - | RALLIANT CORP | SOLD | -15,150 | Exit | - | - |
| 11 | IEX | IDEX CORP | ADD | +250 | +0.1% | 406,475 | $66,157,871 |
| 12 | EFX | EQUIFAX INC | ADD | +4,250 | +2.0% | 214,600 | $55,051,338 |
| 13 | ACIW | ACI WORLDWIDE INC | ADD | +60,800 | +19.9% | 366,800 | $19,356,036 |
| 14 | LKQX | LKQ CORP | ADD | +75,700 | +16.5% | 534,000 | $16,308,360 |
| 15 | ACN | ACCENTURE PLC IRELAND | ADD | +35,900 | +28.8% | 160,550 | $39,591,630 |
| 16 | LH | LABCORP HOLDINGS INC | REDUCE | -1,425 | -1.0% | 139,750 | $40,116,635 |
| 17 | ORCL | ORACLE CORP | REDUCE | -100,075 | -58.8% | 70,000 | $19,686,800 |
| 18 | - | GCI LIBERTY INC | NEW BUY | +28,000 | New | 28,000 | $1,051,540 |
| 19 | VMC | VULCAN MATLS CO | ADD | +800 | +0.4% | 212,700 | $65,430,774 |
| 20 | HEIA | HEICO CORP NEW | REDUCE | -121 | -0.1% | 162,779 | $41,360,516 |
| 21 | CSGP | COSTAR GROUP INC | REDUCE | -45,750 | -6.0% | 719,850 | $60,733,745 |
| 22 | PRM | PERIMETER SOLUTIONS INC | REDUCE | -1,215,928 | -62.0% | 744,972 | $16,679,923 |
| 23 | MELI | MERCADOLIBRE INC | NEW BUY | +3,700 | New | 3,700 | $8,646,678 |
| 24 | META | META PLATFORMS INC | REDUCE | -7,000 | -6.0% | 108,710 | $79,834,450 |
| 25 | CHTR | CHARTER COMMUNICATIONS INC | ADD | +8,155 | +8.6% | 102,605 | $28,227,149 |
| 26 | CDW | CDW CORP | NEW BUY | +35,650 | New | 35,650 | $5,678,332 |
| 27 | IDXX | IDEXX LABS INC | REDUCE | -3,500 | -5.8% | 56,800 | $36,288,952 |
| # | Ticker | Issuer | Action | Share Change | % Change | Shares Held | Value ($) |
|---|---|---|---|---|---|---|---|
| 1 | GPN | GLOBAL PMTS INC | REDUCE | -20,000 | -3.4% | 560,000 | $44,822,400 |
| 2 | LBRDK | LIBERTY BROADBAND CORP | REDUCE | -30,000 | -5.7% | 500,500 | $49,239,190 |
| 3 | - | CARMAX INC | REDUCE | -155,800 | -19.3% | 649,400 | $43,646,174 |
| 4 | TECH | BIO-TECHNE CORP | ADD | +10,500 | +1.3% | 802,150 | $41,270,618 |
| 5 | TMO | THERMO FISHER SCIENTIFIC INC | ADD | +24,300 | +19.3% | 150,450 | $61,001,457 |
| 6 | MSFT | MICROSOFT CORP | REDUCE | -5,000 | -3.7% | 129,475 | $64,402,160 |
| 7 | V | VISA INC | REDUCE | -26,125 | -8.1% | 298,075 | $105,831,529 |
| 8 | FTV | FORTIVE CORP | ADD | +4,650 | +11.4% | 45,450 | $2,369,309 |
| 9 | MA | MASTERCARD INCORPORATED | REDUCE | -14,000 | -7.8% | 165,070 | $92,759,436 |
| 10 | - | RALLIANT CORP | NEW BUY | +15,150 | New | 15,150 | $734,624 |
| 11 | IEX | IDEX CORP | ADD | +5,000 | +1.2% | 406,225 | $71,320,923 |
| 12 | SIRI | SIRIUSXM HOLDINGS INC | REDUCE | -81,500 | -5.6% | 1,384,000 | $31,790,480 |
| 13 | ACIW | ACI WORLDWIDE INC | REDUCE | -50,600 | -14.2% | 306,000 | $14,048,460 |
| 14 | ACN | ACCENTURE PLC IRELAND | REDUCE | -15,000 | -10.7% | 124,650 | $37,256,639 |
| 15 | TXN | TEXAS INSTRS INC | REDUCE | -5,000 | -2.9% | 164,575 | $34,169,062 |
| 16 | LH | LABCORP HOLDINGS INC | REDUCE | -10,000 | -6.6% | 141,175 | $37,059,849 |
| 17 | DHR | DANAHER CORPORATION | ADD | +30,300 | +6.1% | 526,950 | $104,093,703 |
| 18 | CSGP | COSTAR GROUP INC | REDUCE | -146,000 | -16.0% | 765,600 | $61,554,240 |
| 19 | PRM | PERIMETER SOLUTIONS INC | REDUCE | -96,391 | -4.7% | 1,960,900 | $27,295,728 |
| 20 | - | ADOBE SYSTEMS INC | SOLD | -82,500 | Exit | - | - |
| 21 | META | META PLATFORMS INC | REDUCE | -5,050 | -4.2% | 115,710 | $85,404,394 |
| 22 | CHTR | CHARTER COMMUNICATIONS INC | REDUCE | -21,000 | -18.2% | 94,450 | $38,612,105 |
| # | Ticker | Issuer | Action | Share Change | % Change | Shares Held | Value ($) |
|---|---|---|---|---|---|---|---|
| 1 | SPGI | S&P GLOBAL INC | REDUCE | -40,000 | -84.9% | 7,140 | $3,627,834 |
| 2 | GOOG | ALPHABET INC | REDUCE | -73,100 | -14.1% | 445,600 | $69,616,088 |
| 3 | GPN | GLOBAL PMTS INC | REDUCE | -9,600 | -1.6% | 580,000 | $56,793,600 |
| 4 | - | CARMAX INC | REDUCE | -20,000 | -2.4% | 805,200 | $62,741,184 |
| 5 | TECH | BIO-TECHNE CORP | ADD | +410,400 | +107.6% | 791,650 | $46,414,440 |
| 6 | TMO | THERMO FISHER SCIENTIFIC INC | ADD | +5,950 | +5.0% | 126,150 | $62,772,240 |
| 7 | IT | GARTNER INC | ADD | +23,500 | +36.5% | 87,925 | $36,905,640 |
| 8 | AON | AON PLC | REDUCE | -47,500 | -18.2% | 213,450 | $85,185,761 |
| 9 | MSFT | MICROSOFT CORP | ADD | +88,625 | +193.3% | 134,475 | $50,480,570 |
| 10 | V | VISA INC | REDUCE | -22,500 | -6.5% | 324,200 | $113,619,132 |
| 11 | MA | MASTERCARD INCORPORATED | REDUCE | -8,000 | -4.3% | 179,070 | $98,151,848 |
| 12 | IEX | IDEX CORP | ADD | +70,725 | +21.4% | 401,225 | $72,609,688 |
| 13 | EFX | EQUIFAX INC | ADD | +21,850 | +11.6% | 210,350 | $51,232,846 |
| 14 | CRM | SALESFORCE COM INC | REDUCE | -7,500 | -7.9% | 87,500 | $23,481,500 |
| 15 | BRKB | BERKSHIRE HATHAWAY INC DEL | REDUCE | -36,350 | -11.2% | 286,850 | $152,770,573 |
| 16 | VLTO | VERALTO CORP | REDUCE | -261,199 | -87.4% | 37,500 | $3,654,375 |
| 17 | MLM | MARTIN MARIETTA MATLS INC | ADD | +600 | +1.5% | 41,275 | $19,734,816 |
| 18 | - | LIBERTY GLOBAL LTD | SOLD | -792,933 | Exit | - | - |
| 19 | ACN | ACCENTURE PLC IRELAND | ADD | +32,800 | +30.7% | 139,650 | $43,576,386 |
| 20 | LH | LABCORP HOLDINGS INC | REDUCE | -85,000 | -36.0% | 151,175 | $35,184,470 |
| 21 | ORCL | ORACLE CORP | REDUCE | -37,500 | -18.1% | 170,075 | $23,778,186 |
| 22 | ODFL | OLD DOMINION FREIGHT LINE IN | ADD | +18,600 | +9.8% | 208,500 | $34,496,325 |
| 23 | VMC | VULCAN MATLS CO | ADD | +20,500 | +10.7% | 211,900 | $49,436,270 |
| 24 | DHR | DANAHER CORPORATION | ADD | +93,440 | +23.2% | 496,650 | $101,813,250 |
| 25 | AMZN | AMAZON COM INC | REDUCE | -25,000 | -10.1% | 222,500 | $42,332,850 |
| 26 | CMCSA | COMCAST CORP NEW | ADD | +356,500 | +375.3% | 451,500 | $16,660,350 |
| 27 | - | FIDELITY NATL INFORMATION SV | SOLD | -272,500 | Exit | - | - |
| 28 | CSGP | COSTAR GROUP INC | ADD | +21,725 | +2.4% | 911,600 | $72,226,068 |
| 29 | PRM | PERIMETER SOLUTIONS INC | REDUCE | -50,000 | -2.4% | 2,057,291 | $20,716,920 |
| 30 | - | ADOBE SYSTEMS INC | ADD | +42,500 | +106.2% | 82,500 | $31,641,225 |
| 31 | META | META PLATFORMS INC | REDUCE | -37,840 | -23.9% | 120,760 | $69,601,234 |
| 32 | CHTR | CHARTER COMMUNICATIONS INC | REDUCE | -20,000 | -14.8% | 115,450 | $42,546,789 |
| 33 | - | HONEYWELL INTL INC | SOLD | -11,300 | Exit | - | - |
| 34 | IDXX | IDEXX LABS INC | NEW BUY | +60,300 | New | 60,300 | $25,322,985 |
| # | Ticker | Issuer | Action | Share Change | % Change | Shares Held | Value ($) |
|---|---|---|---|---|---|---|---|
| 1 | SPGI | S&P GLOBAL INC | REDUCE | -7,085 | -13.1% | 47,140 | $23,477,134 |
| 2 | GOOG | ALPHABET INC | REDUCE | -48,275 | -8.5% | 518,700 | $98,781,228 |
| 3 | GPN | GLOBAL PMTS INC | REDUCE | -20,400 | -3.3% | 589,600 | $66,070,576 |
| 4 | - | CARMAX INC | REDUCE | -20,000 | -2.4% | 825,200 | $67,468,352 |
| 5 | TECH | BIO-TECHNE CORP | ADD | +334,050 | +707.7% | 381,250 | $27,461,438 |
| 6 | MSFT | MICROSOFT CORP | ADD | +4,900 | +12.0% | 45,850 | $19,325,775 |
| 7 | V | VISA INC | REDUCE | -12,500 | -3.5% | 346,700 | $109,571,068 |
| 8 | MA | MASTERCARD INCORPORATED | REDUCE | -16,280 | -8.0% | 187,070 | $98,505,450 |
| 9 | IEX | IDEX CORP | ADD | +47,850 | +16.9% | 330,500 | $69,170,345 |
| 10 | EFX | EQUIFAX INC | ADD | +12,500 | +7.1% | 188,500 | $48,039,225 |
| 11 | SIRI | SIRIUSXM HOLDINGS INC | ADD | +203,501 | +16.1% | 1,465,500 | $33,413,400 |
| 12 | - | PERIMETER SOLUTIONS SA | SOLD | -2,324,500 | Exit | - | - |
| 13 | - | LIBERTY GLOBAL LTD | REDUCE | -553,567 | -41.1% | 792,933 | $10,419,140 |
| 14 | ROP | ROPER TECHNOLOGIES INC | REDUCE | -35,075 | -52.7% | 31,425 | $16,336,286 |
| 15 | LKQX | LKQ CORP | ADD | +200 | +0.0% | 458,300 | $16,842,525 |
| 16 | LH | LABCORP HOLDINGS INC | REDUCE | -175 | -0.1% | 236,175 | $54,159,651 |
| 17 | ORCL | ORACLE CORP | REDUCE | -7,125 | -3.3% | 207,575 | $34,590,298 |
| 18 | ODFL | OLD DOMINION FREIGHT LINE IN | REDUCE | -20,000 | -9.5% | 189,900 | $33,498,360 |
| 19 | - | VERISIGN INC | SOLD | -63,150 | Exit | - | - |
| 20 | VMC | VULCAN MATLS CO | REDUCE | -150 | -0.1% | 191,400 | $49,233,822 |
| 21 | DHR | DANAHER CORPORATION | ADD | +52,300 | +14.9% | 403,210 | $92,556,856 |
| 22 | AMZN | AMAZON COM INC | REDUCE | -5,000 | -2.0% | 247,500 | $54,299,025 |
| 23 | - | GUIDEWIRE SOFTWARE INC | SOLD | -96,700 | Exit | - | - |
| 24 | - | FIDELITY NATL INFORMATION SV | REDUCE | -140,000 | -33.9% | 272,500 | $22,009,825 |
| 25 | CSGP | COSTAR GROUP INC | ADD | +3,375 | +0.4% | 889,875 | $63,706,151 |
| 26 | PRM | PERIMETER SOLUTIONS INC | NEW BUY | +2,107,291 | New | 2,107,291 | $26,931,179 |
| 27 | - | MICROCHIP TECHNOLOGY INC. | SOLD | -259,600 | Exit | - | - |
| 28 | META | META PLATFORMS INC | REDUCE | -8,600 | -5.1% | 158,600 | $92,861,886 |
| # | Ticker | Issuer | Action | Share Change | % Change | Shares Held | Value ($) |
|---|---|---|---|---|---|---|---|
| 1 | SPGI | S&P GLOBAL INC | REDUCE | -14,650 | -21.3% | 54,225 | $28,013,720 |
| 2 | GOOG | ALPHABET INC | REDUCE | -52,000 | -8.4% | 566,975 | $94,792,550 |
| 3 | GPN | GLOBAL PMTS INC | ADD | +80,400 | +15.2% | 610,000 | $62,476,200 |
| 4 | - | CARMAX INC | REDUCE | -20,000 | -2.3% | 845,200 | $65,401,576 |
| 5 | TECH | BIO-TECHNE CORP | ADD | +3,100 | +7.0% | 47,200 | $3,772,696 |
| 6 | - | LIBERTY MEDIA CORP DEL | SOLD | -75,000 | Exit | - | - |
| 7 | TMO | THERMO FISHER SCIENTIFIC INC | REDUCE | -5,000 | -4.0% | 120,200 | $74,352,114 |
| 8 | IEX | IDEX CORP | ADD | +45,250 | +19.1% | 282,650 | $60,628,425 |
| 9 | - | REDWOOD TR INC | SOLD | -9,000,000 | Exit | - | - |
| 10 | - | LIBERTY MEDIA CORP DEL | SOLD | -1,088,000 | Exit | - | - |
| 11 | SIRI | SIRIUSXM HOLDINGS INC | NEW BUY | +1,261,999 | New | 1,261,999 | $29,846,276 |
| 12 | ACIW | ACI WORLDWIDE INC | REDUCE | -15,400 | -4.1% | 356,600 | $18,150,940 |
| 13 | - | PERIMETER SOLUTIONS SA | REDUCE | -1,260,500 | -35.2% | 2,324,500 | $31,264,525 |
| 14 | - | LIBERTY GLOBAL LTD | REDUCE | -40,000 | -2.9% | 1,346,500 | $29,097,865 |
| 15 | LH | LABCORP HOLDINGS INC | REDUCE | -5,000 | -2.1% | 236,350 | $52,819,498 |
| 16 | - | VERISIGN INC | REDUCE | -23,350 | -27.0% | 63,150 | $11,995,974 |
| 17 | - | LIBERTY MEDIA CORP DEL | SOLD | -310,000 | Exit | - | - |
| 18 | - | GUIDEWIRE SOFTWARE INC | REDUCE | -5,100 | -5.0% | 96,700 | $17,690,298 |
| 19 | - | FIDELITY NATL INFORMATION SV | REDUCE | -26,500 | -6.0% | 412,500 | $34,546,875 |
| 20 | META | META PLATFORMS INC | REDUCE | -21,575 | -11.4% | 167,200 | $95,711,968 |
| 21 | CHTR | CHARTER COMMUNICATIONS INC | REDUCE | -7,500 | -5.2% | 135,450 | $43,896,636 |
| # | Ticker | Issuer | Action | Share Change | % Change | Shares Held | Value ($) |
|---|---|---|---|---|---|---|---|
| 1 | GOOG | ALPHABET INC | REDUCE | -139,125 | -18.4% | 618,975 | $113,532,395 |
| 2 | GPN | GLOBAL PMTS INC | ADD | +209,600 | +65.5% | 529,600 | $51,212,320 |
| 3 | LBRDK | LIBERTY BROADBAND CORP | REDUCE | -80,000 | -13.1% | 530,500 | $29,082,010 |
| 4 | ADI | ANALOG DEVICES INC | REDUCE | -88,200 | -38.5% | 141,000 | $32,184,660 |
| 5 | - | CARMAX INC | ADD | +115,700 | +15.4% | 865,200 | $63,453,768 |
| 6 | TECH | BIO-TECHNE CORP | NEW BUY | +44,100 | New | 44,100 | $3,159,765 |
| 7 | - | LIBERTY MEDIA CORP DEL | REDUCE | -240,000 | -76.2% | 75,000 | $2,870,250 |
| 8 | AON | AON PLC | ADD | +102,650 | +64.8% | 260,950 | $76,609,701 |
| 9 | MSFT | MICROSOFT CORP | REDUCE | -2,850 | -6.5% | 40,950 | $18,302,603 |
| 10 | V | VISA INC | REDUCE | -5,000 | -1.4% | 359,200 | $94,279,224 |
| 11 | - | LABORATORY CORP AMER HLDGS | SOLD | -256,350 | Exit | - | - |
| 12 | IEX | IDEX CORP | ADD | +170,500 | +254.9% | 237,400 | $47,764,880 |
| 13 | - | LIBERTY MEDIA CORP DEL | REDUCE | -660,000 | -37.8% | 1,088,000 | $24,110,080 |
| 14 | EFX | EQUIFAX INC | ADD | +22,500 | +14.7% | 176,000 | $42,672,960 |
| 15 | CRM | SALESFORCE COM INC | REDUCE | -15,000 | -13.6% | 95,000 | $24,424,500 |
| 16 | BRKB | BERKSHIRE HATHAWAY INC DEL | REDUCE | -4,000 | -1.2% | 323,200 | $131,477,760 |
| 17 | VLTO | VERALTO CORP | REDUCE | -60,000 | -16.7% | 298,699 | $28,516,794 |
| 18 | - | JPMORGAN CHASE & CO | SOLD | -20,500 | Exit | - | - |
| 19 | - | LIVE NATION ENTERTAINMENT INC | SOLD | -61,000 | Exit | - | - |
| 20 | - | PERIMETER SOLUTIONS SA | REDUCE | -50,000 | -1.4% | 3,585,000 | $28,070,550 |
| 21 | - | LIBERTY GLOBAL LTD | REDUCE | -20,000 | -1.4% | 1,386,500 | $24,749,025 |
| 22 | ROP | ROPER TECHNOLOGIES INC | REDUCE | -5,600 | -7.8% | 66,500 | $37,483,390 |
| 23 | LKQX | LKQ CORP | ADD | +45,850 | +11.1% | 458,100 | $19,052,379 |
| 24 | ACN | ACCENTURE PLC IRELAND | ADD | +12,850 | +13.7% | 106,850 | $32,419,359 |
| 25 | TXN | TEXAS INSTRS INC | REDUCE | -526 | -0.3% | 169,575 | $32,987,425 |
| 26 | LH | LABCORP HOLDINGS INC | NEW BUY | +241,350 | New | 241,350 | $49,117,139 |
| 27 | ORCL | ORACLE CORP | REDUCE | -70,800 | -24.8% | 214,700 | $30,315,640 |
| 28 | ODFL | OLD DOMINION FREIGHT LINE IN | NEW BUY | +209,900 | New | 209,900 | $37,068,340 |
| 29 | - | VERISIGN INC | ADD | +13,200 | +18.0% | 86,500 | $15,379,700 |
| 30 | VMC | VULCAN MATLS CO | REDUCE | -50,000 | -20.7% | 191,550 | $47,634,654 |
| 31 | HEIA | HEICO CORP NEW | REDUCE | -20,400 | -11.1% | 162,900 | $28,918,008 |
| 32 | - | LIBERTY MEDIA CORP DEL | SOLD | -77,500 | Exit | - | - |
| 33 | AMZN | AMAZON COM INC | REDUCE | -87,500 | -25.7% | 252,500 | $48,795,625 |
| 34 | - | GUIDEWIRE SOFTWARE INC | REDUCE | -20,300 | -16.6% | 101,800 | $14,037,202 |
| 35 | CMCSA | COMCAST CORP NEW | ADD | +28,500 | +42.9% | 95,000 | $3,720,200 |
| 36 | - | FIDELITY NATL INFORMATION SV | REDUCE | -67,500 | -13.3% | 439,000 | $33,083,040 |
| 37 | CSGP | COSTAR GROUP INC | ADD | +10,000 | +1.1% | 886,500 | $65,725,110 |
| 38 | - | ADOBE SYSTEMS INC | ADD | +10,000 | +33.3% | 40,000 | $22,221,600 |
| 39 | META | META PLATFORMS INC | REDUCE | -12,500 | -6.2% | 188,775 | $95,184,131 |
| 40 | CHTR | CHARTER COMMUNICATIONS INC | REDUCE | -20,250 | -12.4% | 142,950 | $42,736,332 |
| # | Ticker | Issuer | Action | Share Change | % Change | Shares Held | Value ($) |
|---|---|---|---|---|---|---|---|
| 1 | SPGI | S&P GLOBAL INC | REDUCE | -2,500 | -3.5% | 68,875 | $29,302,869 |
| 2 | GOOG | ALPHABET INC | REDUCE | -102,850 | -11.9% | 758,100 | $115,428,306 |
| 3 | GPN | GLOBAL PMTS INC | ADD | +90,000 | +39.1% | 320,000 | $42,771,200 |
| 4 | LBRDK | LIBERTY BROADBAND CORP | REDUCE | -75,000 | -10.9% | 610,500 | $34,938,915 |
| 5 | DEO | DIAGEO PLC | ADD | +7,800 | +38.0% | 28,300 | $4,209,342 |
| 6 | TMO | THERMO FISHER SCIENTIFIC INC | ADD | +120 | +0.1% | 125,200 | $72,767,492 |
| 7 | IT | GARTNER INC | REDUCE | -19,075 | -22.8% | 64,425 | $30,709,465 |
| 8 | AON | AON PLC | ADD | +13,650 | +9.4% | 158,300 | $52,827,876 |
| 9 | MSFT | MICROSOFT CORP | REDUCE | -13,700 | -23.8% | 43,800 | $18,427,536 |
| 10 | - | LABORATORY CORP AMER HLDGS | REDUCE | -5,000 | -1.9% | 256,350 | $56,002,221 |
| 11 | - | LIBERTY MEDIA CORP DEL | REDUCE | -23,813 | -1.3% | 1,748,000 | $51,933,080 |
| 12 | CRM | SALESFORCE COM INC | REDUCE | -15,000 | -12.0% | 110,000 | $33,129,800 |
| 13 | BRKB | BERKSHIRE HATHAWAY INC DEL | REDUCE | -27,250 | -7.7% | 327,200 | $137,594,144 |
| 14 | - | JPMORGAN CHASE & CO | REDUCE | -3,000 | -12.8% | 20,500 | $4,106,150 |
| 15 | MLM | MARTIN MARIETTA MATLS INC | REDUCE | -8,625 | -17.5% | 40,675 | $24,972,010 |
| 16 | ACN | ACCENTURE PLC IRELAND | REDUCE | -3,000 | -3.1% | 94,000 | $32,581,340 |
| 17 | - | MARKEL CORP | SOLD | -25,190 | Exit | - | - |
| 18 | - | VERISIGN INC | NEW BUY | +73,300 | New | 73,300 | $13,891,083 |
| 19 | VMC | VULCAN MATLS CO | REDUCE | -35,750 | -12.9% | 241,550 | $65,923,826 |
| 20 | DHR | DANAHER CORPORATION | ADD | +2,900 | +0.8% | 350,910 | $87,629,245 |
| 21 | AMZN | AMAZON COM INC | REDUCE | -15,000 | -4.2% | 340,000 | $61,329,200 |
| 22 | LIN | LINDE PLC | REDUCE | -42,000 | -85.9% | 6,900 | $3,203,808 |
| 23 | CMCSA | COMCAST CORP NEW | ADD | +1,900 | +2.9% | 66,500 | $2,882,775 |
| 24 | - | FIDELITY NATL INFORMATION SV | ADD | +60,000 | +13.4% | 506,500 | $37,572,170 |
| 25 | - | LIBERTY LATIN AMERICA LTD | SOLD | -1,221,500 | Exit | - | - |
| 26 | - | CORECARD CORPORATION | ADD | +5,000 | +1.0% | 515,000 | $5,690,750 |
| 27 | META | META PLATFORMS INC | REDUCE | -25,000 | -11.0% | 201,275 | $97,735,115 |
| 28 | CHTR | CHARTER COMMUNICATIONS INC | ADD | +102,100 | +167.1% | 163,200 | $47,430,816 |
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