| IICEIntercontinental Exchange Inc. | 10.51% | 5,756,875 | $633M | trimmed−3% | −0.09 pp | 13 q |
| UUNHUNITEDHEALTH GROUP INCORPORATED (Delaware) | 9.17% | 1,095,459 | $552M | trimmed−3% | +0.61 pp | 16 q |
| EELVElevance Health, Inc. | 8.31% | 1,150,221 | $501M | added+10% | +0.96 pp | 11 q |
| SSCHWThe Charles Schwab Corporation | 7.91% | 8,680,835 | $477M | trimmed−3% | −0.09 pp | 30 q |
| FFWONKLiberty Media Corporation Series C | 7.12% | 6,888,388 | $429M | new | +7.12 pp | new |
G GOOGLAlphabet Inc. Class A | 6.61% | 3,043,664 | $398M | trimmed−7% | +0.45 pp | 33 q |
| KKMXCarMax Inc. | 6.53% | 5,565,356 | $394M | trimmed−8% | −1.43 pp | 30 q |
| JJJacobs Solutions Inc. | 6.49% | 2,865,447 | $391M | trimmed−3% | +0.95 pp | 5 q |
| TTSMTaiwan Semiconductor Manufacturing Company Ltd. | 6.05% | 4,195,315 | $365M | trimmed−3% | −0.83 pp | 16 q |
| CCACCCredit Acceptance Corp | 5.84% | 765,230 | $352M | trimmed−3% | −0.48 pp | 27 q |
C COFCapital One Financial | 5.32% | 3,302,793 | $321M | trimmed−3% | −0.55 pp | 5 q |
| LLBRDKLiberty Broadband Corporation Class C | 4.82% | 3,181,243 | $291M | trimmed−3% | +0.67 pp | 23 q |
M METAMeta Platforms, Inc. Class A | 4.45% | 894,014 | $268M | trimmed−3% | +0.27 pp | 28 q |
G GOOGAlphabet Inc. Class C | 4.10% | 1,874,601 | $247M | trimmed−5% | +0.35 pp | 38 q |
B BRK.BBERKSHIRE HATHAWAY Class B | 2.74% | 472,061 | $165M | trimmed−4% | +0.10 pp | 42 q |
| BBRK.ABerkshire Hathaway Inc. | 1.50% | 170 | $90M | trimmed−2% | +0.08 pp | 42 q |
| LLBRDALiberty Broadband Corporation Class A | 1.19% | 788,890 | $72M | trimmed−3% | +0.17 pp | 23 q |
| FFWONALiberty Media Corporation Series A | 0.83% | 888,017 | $50M | new | +0.83 pp | new |
| LLLYVKLiberty Media Corp-liberty-c | 0.16% | 295,040 | $9M | new | +0.16 pp | new |
| BBATRKAtlanta Braves Holdings, Inc. Series C | 0.13% | 224,489 | $8M | new | +0.13 pp | new |
| AASAIYSendas Distribudra S/ | 0.03% | 145,705 | $2M | added+5% | 0.00 pp | 8 q |
| EEQHEquitable Holdings, Inc. | 0.02% | 41,057 | $1M | held | — | 12 q |
| LLLYVALiberty Media Corp-liberty-a | 0.02% | 37,392 | $1M | new | +0.02 pp | new |
| MMHKMohawk Industries, Inc. | 0.02% | 10,790 | $925,890 | held | — | 42 q |
| SSTLAStellantis N.V. | 0.02% | 55,345 | $1M | trimmed−1% | 0.00 pp | 11 q |
A AMZNAmazon.Com Inc | 0.01% | 6,020 | $765,262 | held | — | 28 q |
| BBLDRBuilders FirstSource, Inc. | 0.01% | 5,800 | $722,042 | held | — | 30 q |
| GGPIGroup 1 Automotive, Inc. | 0.01% | 2,777 | $746,208 | added+6% | 0.00 pp | 2 q |
| IISCViShares Morningstar Small-Cap Value ETF | 0.01% | 6,380 | $330,353 | held | — | 3 q |
| LLADLithia Motors, Inc. | 0.01% | 2,374 | $701,113 | held | — | 4 q |
| MMUMicron Technology, Inc. | 0.01% | 6,808 | $463,148 | trimmed−2% | 0.00 pp | 11 q |
| NNFLXNetFlix Inc | 0.01% | 1,208 | $456,141 | trimmed−38% | 0.00 pp | 12 q |
M MSFTMicrosoft Corp | 0.00% | 692 | $218,499 | held | — | 2 q |
| RRMNIRimini Street, Inc. (DE) | 0.00% | 29,442 | $64,772 | added+22% | 0.00 pp | 9 q |
| SSBGISinclair, Inc. Class A | 0.00% | 17,959 | $201,500 | held | — | 15 q |
| AATAIAtaiBeckley Inc. | 0.00% | 42,112 | $54,324 | held | — | 3 q |
| FFWONKLiberty Media Corporation Series C Liberty Formula One | — | −7,093,216 | — | exited | −8.42 pp | — |
| LLM05Liberty Media Corp-liberty-a | — | −920,464 | — | exited | −0.98 pp | — |
| SSPGIS&P Global Inc. | — | −531 | — | exited | 0.00 pp | — |
