Brave Warrior Advisors

Q2 2026 13F · by Glenn Greenberg, portfolio manager

As of: Jun 30, 2026
Filed: Aug 14, 2026
US stock: $4.6B · prev $4.0B
Positions: 40 · prev 36
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves31 since the prior filing

+11.5 pp in · −11.5 pp out

New 7 +6.47 pp
Added 6 +5.00 pp
Trimmed 15 −11.50 pp
Exited 3 −0.03 pp

The book

Concentrated · behaves like 14 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 34% a year, about 3.0 years per position

Low
Moderate
High

Top 5 positions46% of US stock

Positions40 in this filing · 3 exited


ICLRIcon Plc	11.94%	3,153,308	$548M	added+5%	+3.73 pp	2 q
OMFOneMain Holdings, Inc.	10.08%	7,585,152	$462M	trimmed−2%	−0.12 pp	17 q
SNXTD SYNNEX Corporation	8.40%	1,441,630	$385M	trimmed−53%	−4.35 pp	10 q
ELVElevance Health, Inc.	8.23%	976,885	$378M	trimmed−13%	+0.10 pp	28 q
SLMSLM Corporation	7.56%	13,381,145	$347M	trimmed−2%	+0.36 pp	6 q
AJGArthur J. Gallagher & Co.	6.43%	1,285,022	$295M	new	+6.43 pp	new
ANAutoNation, Inc.	6.17%	1,524,124	$283M	trimmed−2%	−1.31 pp	15 q
RYAAYRyanair Holdings plc	5.59%	3,958,684	$256M	added+30%	+1.24 pp	11 q
PRIPrimerica, Inc.	5.36%	865,863	$246M	trimmed−2%	−0.09 pp	53+ q
LENLennar Corporation Class A	4.68%	2,373,177	$215M	trimmed−2%	−0.50 pp	18 q
BLDRBuilders FirstSource, Inc.	4.56%	2,340,571	$209M	trimmed−1%	−0.27 pp	6 q
COFCapital One Financial	4.32%	988,973	$198M	trimmed−2%	−0.21 pp	7 q
MRPMillrose Properties, Inc.	3.95%	6,030,725	$181M	trimmed−29%	−1.95 pp	6 q
MPLXMplx LP	3.90%	3,180,534	$179M	trimmed−2%	−0.70 pp	13 q
FNFFidelity National Financial, Inc.	3.54%	3,446,864	$163M	trimmed−2%	−0.48 pp	21 q
DHID.R. Horton Inc.	2.43%	684,478	$111M	trimmed−1%	+0.07 pp	18 q
FGF&G Annuities & Life, Inc.	1.44%	2,482,417	$66M	trimmed−54%	−1.91 pp	15 q
AMAntero Midstream Corporation	0.90%	1,823,631	$41M	trimmed−1%	−0.14 pp	30 q
GOOGLAlphabet Inc. Class A	0.16%	20,258	$7M	held	—	35 q
HCAHCA Healthcare, Inc.	0.04%	4,833	$2M	added×3.6	+0.02 pp	26 q
JPMJPMorgan Chase & Co.	0.04%	5,643	$2M	held	—	48 q
SUNBSunbelt Rentals Holdings, Inc.	0.04%	23,762	$2M	held	—	2 q
GOOGAlphabet Inc. Class C	0.03%	3,790	$1M	held	—	32 q
MSFTMicrosoft Corp	0.03%	4,275	$2M	added×2.1	+0.01 pp	15 q
AMATApplied Materials Inc	0.02%	961	$694,803	held	—	3 q
BACBank of America Corporation	0.02%	14,532	$828,033	held	—	51 q
CMCSAComcast Corp	0.02%	31,094	$763,358	held	—	51 q
AMZNAmazon.Com Inc	0.01%	2,650	$631,601	added+89%	0.00 pp	14 q
ADIAnalog Devices, Inc.	0.01%	612	$243,068	new	+0.01 pp	new
ETEnergy Transfer LP	0.01%	15,000	$286,800	held	—	2 q
MARMarriott International Class A	0.01%	1,194	$442,484	held	—	13 q
MAMastercard Incorporated	0.01%	1,172	$601,939	added×2.8	0.00 pp	8 q
PGRProgressive Corporation	0.01%	1,789	$390,807	held	—	27 q
SPGIS&P Global Inc.	0.01%	1,401	$570,571	new	+0.01 pp	new
TXNTexas Instruments Incorporated	0.01%	1,010	$301,051	new	+0.01 pp	new
NUNu Holdings Ltd.	0.01%	40,000	$534,400	new	+0.01 pp	new
METAMeta Platforms, Inc. Class A	0.00%	373	$210,107	held	—	5 q
MCOMoody's Corporation	0.00%	471	$213,325	held	—	8 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.00%	499	$207,399	new	0.00 pp	new
VVISA Inc.	0.00%	618	$212,030	new	0.00 pp	new
APOApollo Global Management, Inc.	—	−4,500	—	exited	−0.01 pp	—
ARESAres Management Corporation Class A	—	−5,000	—	exited	−0.01 pp	—
FAFFirst American Financial Corporation	—	−5,000	—	exited	−0.01 pp	—