Check Capital

Q2 2013 13F · by Steven Check, CIO

As of: Jun 30, 2013
Filed: Oct 17, 2013
US stock: $590M
Positions: 45
Options notional: $129M
Documents: 1· 1 amendment

Picture82.0% US stock

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

US stock listed on a US exchange 82.0%
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 18.0%

Moves

First filing on record. Nothing to compare against.

The book

Very concentrated · behaves like 7 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Turnover · first filing on record

Low
Moderate
High

Top 5 positions67% of US stock

Revealed late, restated

restated 8 rows corrected by the filer · US stock +0.01%; later quarters recomputed 13F-HR/A · Oct 17, 2013 ↗

Positions45 in this filing · 0 exited


BRK.BBERKSHIRE HATHAWAY Class B	32.18%	1,696,585	$190M	held	—	new
WFCWells Fargo & Co.	13.92%	1,989,839	$82M	held	—	new
IBMInternational Business Machines Corporation	7.60%	234,575	$45M	held	—	new
WMTWalmart Inc.	7.29%	577,239	$43M	held	—	new
AFLAflac Inc.	5.85%	594,221	$35M	held	—	new
unresolvedMedtronic Inc	3.31%	379,116	$20M	held	—	new
MCDMcDonald's Corporation	3.10%	184,889	$18M	held	—	new
FISVFiserv, Inc.	3.01%	203,024	$18M	held	—	new
QCOMQualcomm Inc	2.71%	261,573	$16M	held	—	new
unresolvedDirectv	2.66%	254,770	$16M	held	—	new
BBYD20230930-DK-BUTTERFLY-1 Inc	2.64%	219,520	$16M	held	—	new
ORCLOracle Corp	2.45%	471,485	$14M	held	—	new
MSFTMicrosoft Corp	2.37%	404,161	$14M	held	—	new
OMCOmnicom Group Inc.	1.96%	184,048	$12M	held	—	new
BRK.ABerkshire Hathaway Inc.	1.46%	51	$9M	held	—	new
JNJJohnson & Johnson	1.25%	85,629	$7M	held	—	new
99803EURLaboratory Crp Of Amer Hldgs	1.25%	73,970	$7M	held	—	new
AXPAmerican Express Company	1.09%	86,167	$6M	held	—	new
ABTAbbott Laboratories	0.97%	164,287	$6M	held	—	new
PEPPepsiCo, Inc.	0.58%	41,889	$3M	held	—	new
PGProcter & Gamble Company	0.58%	44,407	$3M	held	—	new
SYKStryker Corporation	0.36%	33,286	$2M	held	—	new
AAPLApple Inc.	0.19%	2,869	$1M	held	—	new
KOCoca-Cola Company	0.12%	17,701	$710,000	held	—	new
COPConocoPhillips	0.09%	8,400	$508,000	held	—	new
unresolvedProshares Short S&P 500	0.09%	17,800	$528,000	held	—	new
GLWCorning Incorporated	0.08%	33,190	$472,000	held	—	new
INTCIntel Corp	0.07%	16,879	$409,000	held	—	new
unresolvedProshs Ultrashrt S&p500 Prosha	0.07%	9,410	$384,000	held	—	new
unresolvedWestern Refng Inc	0.06%	12,000	$337,000	held	—	new
AMGNAmgen Inc	0.05%	3,000	$296,000	held	—	new
FFIVF5, Inc.	0.05%	4,620	$318,000	held	—	new
unresolvedGeneral Electric Co	0.05%	12,970	$301,000	held	—	new
HALHalliburton Company	0.05%	6,751	$282,000	held	—	new
NOVNOV Inc.	0.05%	4,330	$298,000	held	—	new
SUNEQSunedison Inc	0.05%	38,428	$314,000	held	—	new
TRVThe Travelers Companies, Inc.	0.05%	3,634	$290,000	held	—	new
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.05%	4,400	$288,000	held	—	new
TAT&T Inc.	0.04%	6,500	$230,000	held	—	new
CSCOCisco Systems, Inc. (DE)	0.04%	9,850	$240,000	held	—	new
METAMeta Platforms, Inc. Class A	0.04%	9,400	$234,000	held	—	new
NVDANvidia Corp	0.04%	15,029	$211,000	held	—	new
unresolvedVodafone Group PLC New	0.04%	8,700	$250,000	held	—	new
FFord Motor Company	0.03%	12,200	$189,000	held	—	new
unresolvedSmith Micro Software	0.02%	106,827	$113,000	held	—	new