Weitz Investment

Q1 2022 13F · by Brad Hinton, CIO

As of: Mar 31, 2022
Filed: May 13, 2022
US stock: $2.2B · prev $2.5B
Positions: 57 · prev 56
Options notional: $0
Documents: 1· no amendments

Picture99.0% US stock

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

US stock listed on a US exchange 99.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 1.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves36 since the prior filing

+3.6 pp in · −3.5 pp out

New 1 +1.70 pp
Added 21 +1.86 pp
Trimmed 14 −3.48 pp
Exited 0 0.00 pp

The book

Focused · behaves like 31 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 22% a year, about 4.7 years per position

Low
Moderate
High

Top 5 positions27% of US stock

Positions57 in this filing · 0 exited


GOOGAlphabet Inc. Class C	7.37%	58,978	$165M	held	—	32 q
BRK.BBERKSHIRE HATHAWAY Class B	6.88%	435,450	$154M	trimmed−14%	+0.75 pp	36 q
VVISA Inc.	4.42%	445,600	$99M	added0%	+0.52 pp	23 q
CSGPCoStar Group Inc	4.30%	1,443,100	$96M	added+28%	+0.69 pp	9 q
MAMastercard Incorporated	4.14%	259,050	$93M	added0%	+0.39 pp	30 q
LBRDKLiberty Broadband Corporation Class C	4.13%	681,200	$92M	added+4%	−0.14 pp	30 q
METAMeta Platforms, Inc. Class A	3.95%	397,250	$88M	added+29%	−0.23 pp	17 q
LSXMKLiberty Media Cor-siriusxm C	3.70%	1,807,200	$83M	trimmed−1%	−0.07 pp	24 q
MKLMarkel Group Inc.	3.28%	49,668	$73M	trimmed−12%	+0.46 pp	17 q
99803EURLaboratory Crp Of Amer Hldgs	3.23%	273,469	$72M	trimmed−5%	−0.45 pp	36 q
KMXCarMax Inc.	3.11%	719,800	$69M	added+25%	+0.08 pp	17 q
VMCVulcan Materials Company(Holding Company)	2.81%	341,800	$63M	added+1%	−0.03 pp	18 q
SCHWThe Charles Schwab Corporation	2.76%	731,650	$62M	trimmed−41%	−1.47 pp	15 q
FISFidelity National Information Services, Inc.	2.71%	603,909	$61M	added+3%	+0.13 pp	7 q
AMZNAmazon.Com Inc	2.41%	16,500	$54M	added+14%	+0.45 pp	26 q
LBTYKLiberty Global Ltd. Class C	2.37%	2,046,000	$53M	held	—	36 q
AONAon plc Class A	2.30%	157,900	$51M	trimmed−37%	−0.75 pp	8 q
AZOAutoZone, Inc.	2.21%	24,185	$49M	trimmed−27%	−0.60 pp	6 q
DHRDanaher Corporation	2.07%	157,400	$46M	added+1%	0.00 pp	19 q
TMOThermo Fisher Scientific, Inc.	2.07%	78,342	$46M	held	—	22 q
ADIAnalog Devices, Inc.	1.72%	233,300	$39M	added+2%	+0.09 pp	14 q
ITGartner, Inc.	1.70%	127,979	$38M	new	+1.70 pp	new
ROPRoper Technologies, Inc.	1.63%	77,300	$37M	added+17%	+0.31 pp	4 q
TXNTexas Instruments Incorporated	1.53%	186,201	$34M	held	—	36 q
DNBDun & Bradstreet Holdings, Inc.	1.44%	1,836,000	$32M	held	—	5 q
SPGIS&P Global Inc.	1.36%	74,300	$30M	added+8%	+0.05 pp	9 q
ACNAccenture PLC	1.35%	89,400	$30M	added+1%	−0.13 pp	36 q
ORCLOracle Corp	1.34%	360,500	$30M	trimmed−0%	+0.06 pp	36 q
99952EURLinde PLC/OLD	1.21%	84,386	$27M	held	—	14 q
MLMMartin Marietta Materials	1.16%	67,250	$26M	added+2%	−0.02 pp	19 q
CRMSalesforce, Inc.	1.14%	120,000	$25M	held	—	11 q
CMCSAComcast Corp	1.13%	537,843	$25M	trimmed−4%	−0.02 pp	26 q
BKIBlack Knight, Inc.	1.09%	418,000	$24M	added+1%	−0.30 pp	14 q
9900123DPerimeter Solutions SA	1.09%	2,010,000	$24M	held	—	2 q
HEI.AHeico Corp Cl A	1.00%	175,500	$22M	held	—	9 q
LBRDALiberty Broadband Corporation Class A	0.96%	163,750	$21M	held	—	30 q
LKQLKQ Corporation	0.88%	433,700	$20M	trimmed−23%	−0.49 pp	11 q
LM03Liberty Media Cor-siriusxm A	0.86%	420,000	$19M	held	—	24 q
AXTAAxalta Coating Systems Ltd.	0.81%	733,500	$18M	held	—	19 q
GWREGuidewire Software, Inc.	0.79%	186,300	$18M	added+3%	−0.04 pp	25 q
LILAKLiberty Latin America Ltd. Class C	0.76%	1,768,620	$17M	held	—	17 q
35YCorecard Corp	0.75%	610,000	$17M	trimmed−1%	−0.22 pp	36 q
FRCBFirst Republic Bk CA	0.72%	99,050	$16M	held	—	7 q
MKTXMarketAxess Holdings Inc.	0.65%	42,800	$15M	held	—	4 q
IEXIDEX Corporation	0.62%	71,900	$14M	added+2%	−0.05 pp	9 q
ACIWACI Worldwide, Inc.	0.47%	335,700	$11M	held	—	36 q
IRIngersoll Rand Inc.	0.29%	130,000	$7M	held	—	14 q
DLBDolby Laboratories, Inc.Class A	0.28%	81,000	$6M	added+62%	+0.09 pp	8 q
MSFTMicrosoft Corp	0.25%	18,221	$6M	added+1%	0.00 pp	16 q
unresolvedQurate Retail Inc	0.16%	760,000	$4M	trimmed−31%	−0.18 pp	16 q
BATRKAtlanta Braves Holdings, Inc. Series C	0.13%	105,000	$3M	held	—	24 q
DEODiageo plc	0.11%	11,700	$2M	trimmed−16%	−0.01 pp	36 q
FTVFortive Corporation	0.10%	38,300	$2M	added+16%	0.00 pp	9 q
HONHoneywell International, Inc.	0.10%	11,944	$2M	held	—	9 q
JPMJPMorgan Chase & Co.	0.10%	16,600	$2M	trimmed−82%	−0.49 pp	18 q
RWTRedwood Trust, Inc.	0.06%	125,485	$1M	held	—	36 q
BATRAAtlanta Braves Holdings, Inc. Series A	0.01%	11,000	$317,000	held	—	24 q