Portfolio Value
$263.10B
Positions
29
Top 10 Weight
90.72%
Largest Position
21.99%
As of
Q1 2026
Filed
May 15, 2026
APPLE INC21.99%AMERICAN EXPRESS CO17.43%COCA COLA CO11.56%BANK AMER CORP9.52%CHEVRON CORP NEW6.64%hover the bar for the rest
Strategy Snapshot
- › Portfolio value fell 4.0% quarter-over-quarter to $263.10B.
- › Highly concentrated portfolio — the top 10 holdings make up 90.7% of assets.
- › This quarter: 3 new buys, 4 adds, 6 trims, 16 full exits — net seller.
- › Biggest new buy: DELTA AIR LINES INC (DAL) ($2.65B).
- › Biggest exit: VISA INC (V) ($2.91B position closed).
Changes since Q4 2025
New Buys
- DELTA AIR LINES INC (DAL)$2.65B
- ALPHABET INC (GOOG)$1.03B
- MACYS INC (M)$54.96M
Added To / Trimmed
- ALPHABET INC (GOOGL)++204.0%
- CHEVRON CORP NEW (CVX)-35.2%
- CONSTELLATION BRANDS INC (STZ)-95.1%
- NEW YORK TIMES CO MTN BE (NYT)++199.0%
- NUCOR CORP (NUE)-39.0%
- LENNAR CORP (LEN)++43.2%
- DAVITA INC (DVA)-5.2%
- BANK AMER CORP-0.7%
- LIBERTY LIVE HOLDINGS INC (LLYVK)-3.0%
- LENNAR CORP (LEN-B)++31.3%
Exited
- VISA INC (V)$2.91B
- MASTERCARD INC (MA)$2.28B
- UNITEDHEALTH GROUP INC (UNH)$1.66B
- DOMINOS PIZZA INC (DPZ)$1.40B
- AON PLC$1.27B
- POOL CORP (POOL)$702.01M
- AMAZON COM INC$525.35M
- HEICO CORP NEW (HEI-A)$326.80M
- LIBERTY MEDIA CORP DEL (FWONK)$297.36M
- CHARTER COMMUNICATIONS INC N (CHTR)$221.46M
Current Holdings
| # | Security | Value | % of Portfolio | Avg Buy Price | Price | Gain | vs 52W High | This Qtr | Last Activity |
|---|---|---|---|---|---|---|---|---|---|
| 1 | APPLE INC | $57.84B | 21.99% | ~$210.62 | — | — | — | UNCH | SELL Q4 2025 |
| 2 | AMERICAN EXPRESS CO | $45.86B | 17.43% | ~$231.55 | — | — | — | UNCH | BUY Q2 2024 |
| 3 | COCA COLA CO KO | $30.42B | 11.56% | ~$63.65 | $82.62 | +29.8% | −1.7% | UNCH | BUY Q2 2024 |
| 4 | BANK AMER CORP | $25.04B | 9.52% | ~$39.77 | — | — | — | -0.7% | SELL Q1 2026 |
| 5 | CHEVRON CORP NEW CVX | $17.46B | 6.64% | ~$155.82 | $187.22 | +20.2% | −12.8% | -35.2% | SELL Q1 2026 |
| 6 | OCCIDENTAL PETE CORP OXY | $17.22B | 6.55% | ~$62.53 | $56.54 | −9.6% | −16.2% | UNCH | BUY Q1 2025 |
| 7 | ALPHABET INC GOOGL | $15.60B | 5.93% | ~$272.93 | $359.68 | +31.8% | −12.0% | +204.0% | BUY Q1 2026 |
| 8 | CHUBB LIMITED | $11.16B | 4.24% | ~$263.35 | — | — | — | UNCH | BUY Q4 2025 |
| 9 | MOODYS CORP MCO | $10.76B | 4.09% | ~$420.93 | $447.85 | +6.4% | −18.1% | UNCH | BUY Q2 2024 |
| 10 | KRAFT HEINZ CO KHC | $7.32B | 2.78% | ~$32.22 | $24.39 | −24.3% | −16.4% | UNCH | BUY Q2 2024 |
| 11 | DAVITA INC DVA | $4.63B | 1.76% | ~$138.57 | $208.66 | +50.6% | −1.5% | -5.2% | SELL Q1 2026 |
| 12 | KROGER CO KR | $3.62B | 1.38% | ~$49.93 | $64.71 | +29.6% | −15.5% | UNCH | BUY Q2 2024 |
| 13 | SIRIUS XM HOLDINGS INC SIRI | $2.88B | 1.09% | ~$23.53 | $27.52 | +17.0% | −8.6% | UNCH | BUY Q3 2025 |
| 14 | DELTA AIR LINES INC DAL | $2.65B | 1.01% | ~$66.48 | $83.06 | +24.9% | −0.9% | NEW | BUY Q1 2026 |
| 15 | VERISIGN INC | $2.23B | 0.85% | ~$178.91 | — | — | — | UNCH | SELL Q3 2025 |
| 16 | CAPITAL ONE FINL CORP COF | $1.30B | 0.50% | ~$138.45 | $184.73 | +33.4% | −28.9% | UNCH | SELL Q1 2025 |
| 17 | NEW YORK TIMES CO MTN BE NYT | $1.27B | 0.48% | ~$78.94 | $73.38 | −7.0% | −15.8% | +199.0% | BUY Q1 2026 |
| 18 | ALLY FINL INC ALLY | $1.14B | 0.43% | ~$39.67 | $44.37 | +11.8% | −6.1% | UNCH | BUY Q2 2024 |
| 19 | ALPHABET INC GOOG | $1.03B | 0.39% | ~$286.86 | $358.16 | +24.9% | −11.4% | NEW | BUY Q1 2026 |
| 20 | LIBERTY LIVE HOLDINGS INC LLYVK | $996.36M | 0.38% | ~$83.16 | $100.81 | +21.2% | −3.3% | -3.0% | SELL Q1 2026 |
| 21 | LENNAR CORP LEN | $877.05M | 0.33% | ~$103.44 | $90.30 | −12.7% | −37.4% | +43.2% | BUY Q1 2026 |
| 22 | NUCOR CORP NUE | $660.69M | 0.25% | ~$129.54 | $266.35 | +105.6% | −0.9% | -39.0% | SELL Q1 2026 |
| 23 | LIBERTY LIVE HOLDINGS INC LLYVA | $456.97M | 0.17% | ~$81.50 | $96.93 | +18.9% | −2.9% | UNCH | BUY Q4 2025 |
| 24 | LOUISIANA PAC CORP LPX | $412.11M | 0.16% | ~$82.33 | $75.04 | −8.9% | −27.0% | UNCH | SELL Q4 2024 |
| 25 | CONSTELLATION BRANDS INC STZ | $94.93M | 0.04% | ~$197.09 | $148.51 | −24.6% | −16.6% | -95.1% | SELL Q1 2026 |
| 26 | NVR INC NVR | $73.23M | 0.03% | ~$7588.56 | $6374.93 | −16.0% | −26.0% | UNCH | BUY Q2 2024 |
| 27 | MACYS INC M | $54.96M | 0.02% | ~$18.09 | $25.37 | +40.2% | −1.1% | NEW | BUY Q1 2026 |
| 28 | LENNAR CORP LEN-B | $20.00M | 0.01% | ~$122.15 | $88.50 | −27.5% | −35.6% | +31.3% | BUY Q1 2026 |
| 29 | JEFFERIES FINL GROUP INC JEF | $17.89M | 0.01% | ~$49.76 | $61.66 | +23.9% | −13.2% | UNCH | BUY Q2 2024 |
~ Avg buy price is estimated from quarterly 13F snapshots; actual trade dates and prices are not disclosed in filings. Gain compares the current market price to that estimated cost. vs 52W High shows how far the price sits below its 52-week high. Quotes via Yahoo Finance, may be delayed.
Filing History
| Period | Value Trend | Portfolio Value | Positions | Filed |
|---|---|---|---|---|
| Q1 2026 | $263.10B | 29 | May 15, 2026 | |
| Q4 2025 | $274.16B | 42 | Feb 17, 2026 | |
| Q3 2025 | $267.33B | 41 | Nov 14, 2025 | |
| Q2 2025 | $257.52B | 41 | Aug 14, 2025 | |
| Q1 2025 | $258.70B | 36 | May 15, 2025 | |
| Q4 2024 | $267.18B | 38 | Feb 14, 2025 | |
| Q3 2024 | $266.38B | 40 | Nov 14, 2024 | |
| Q2 2024 | $279.97B | 41 | Aug 14, 2024 |