RV Capital

Q2 2022 13F · by Robert Vinall, portfolio manager

As of: Jun 30, 2022
Filed: Aug 15, 2022
US stock: $222M · prev $323M
Positions: 6 · prev 6
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%

Moves5 since the prior filing

−1.3 pp in · +2.5 pp out

New 0 0.00 pp
Added 4 −1.26 pp
Trimmed 1 +2.54 pp
Exited 0 0.00 pp

The book

Very concentrated · behaves like 4 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 0.8% a year, more than 30 years per position

Low
Moderate
High

Top 5 positions99% of US stock

CACC Credit Acceptance Corp added+8.93 pp added+8.9342.3%
CRM Salesforce, Inc. trimmed+2.54 pp trimmed+2.5423.4%
META Meta Platforms, Inc. Class A added+2.55 pp added+2.5515.1%
WIX WIX.com Ltd. held held13.3%
CVNA Carvana Co. added−13.02 pp added−13.025.3%

Positions6 in this filing · 0 exited


CACCCredit Acceptance Corp	42.32%	198,446	$94M	added+1%	+8.93 pp	15 q
CRMSalesforce, Inc.	23.36%	314,143	$52M	trimmed−1%	+2.54 pp	6 q
METAMeta Platforms, Inc. Class A	15.14%	208,400	$34M	added+14%	+2.55 pp	15 q
WIXWIX.com Ltd.	13.31%	450,800	$30M	held	—	11 q
CVNACarvana Co.	5.26%	517,335	$12M	added+5%	−13.02 pp	3 q
TRUPTrupanion, Inc.	0.60%	22,200	$1M	added+90%	+0.28 pp	3 q

Source

Form: 13F-HR
Reading: 0 defects · 0 unresolved
Accession: 0001172661-22-001943
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet