Weitz Investment

Q2 2022 13F · by Brad Hinton, CIO

As of: Jun 30, 2022
Filed: Aug 12, 2022
US stock: $1.9B · prev $2.2B
Positions: 55 · prev 57
Options notional: $0
Documents: 1· no amendments

Picture98.9% US stock

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

US stock listed on a US exchange 98.9%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 1.1%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves42 since the prior filing

+5.0 pp in · −5.5 pp out

New 1 +1.16 pp
Added 26 +3.82 pp
Trimmed 12 −3.19 pp
Exited 3 −2.35 pp

The book

Focused · behaves like 32 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 20% a year, about 4.9 years per position

Low
Moderate
High

Top 5 positions26% of US stock

Positions55 in this filing · 3 exited


GOOGAlphabet Inc. Class C	6.71%	58,003	$127M	trimmed−2%	−0.66 pp	33 q
BRK.BBERKSHIRE HATHAWAY Class B	5.92%	410,450	$112M	trimmed−6%	−0.96 pp	37 q
CSGPCoStar Group Inc	4.67%	1,463,600	$88M	added+1%	+0.37 pp	10 q
VVISA Inc.	4.53%	435,600	$86M	trimmed−2%	+0.11 pp	24 q
LBRDKLiberty Broadband Corporation Class C	4.35%	711,700	$82M	added+4%	+0.22 pp	31 q
MAMastercard Incorporated	3.90%	234,050	$74M	trimmed−10%	−0.24 pp	31 q
KMXCarMax Inc.	3.76%	785,300	$71M	added+9%	+0.65 pp	18 q
METAMeta Platforms, Inc. Class A	3.60%	422,250	$68M	added+6%	−0.35 pp	18 q
99803EURLaboratory Crp Of Amer Hldgs	3.39%	273,469	$64M	held	—	37 q
DHRDanaher Corporation	3.32%	247,532	$63M	added+57%	+1.25 pp	20 q
LSXMKLiberty Media Cor-siriusxm C	3.27%	1,717,200	$62M	trimmed−5%	−0.43 pp	25 q
FISFidelity National Information Services, Inc.	3.23%	665,900	$61M	added+10%	+0.52 pp	8 q
MKLMarkel Group Inc.	2.69%	39,340	$51M	trimmed−21%	−0.59 pp	18 q
SCHWThe Charles Schwab Corporation	2.58%	771,650	$49M	added+5%	−0.18 pp	16 q
VMCVulcan Materials Company(Holding Company)	2.58%	343,100	$49M	added0%	−0.23 pp	19 q
LBTYKLiberty Global Ltd. Class C	2.37%	2,026,000	$45M	trimmed−1%	0.00 pp	37 q
AMZNAmazon.Com Inc	2.25%	400,000	$42M	added+21%	−0.16 pp	27 q
TMOThermo Fisher Scientific, Inc.	2.25%	78,342	$43M	held	—	23 q
ROPRoper Technologies, Inc.	2.13%	102,300	$40M	added+32%	+0.50 pp	5 q
AONAon plc Class A	2.11%	147,900	$40M	trimmed−6%	−0.19 pp	9 q
ADIAnalog Devices, Inc.	1.97%	255,400	$37M	added+9%	+0.25 pp	15 q
ITGartner, Inc.	1.79%	139,890	$34M	added+9%	+0.09 pp	2 q
TXNTexas Instruments Incorporated	1.51%	186,201	$29M	held	—	37 q
BKIBlack Knight, Inc.	1.50%	433,000	$28M	added+4%	+0.41 pp	15 q
SPGIS&P Global Inc.	1.41%	78,875	$27M	added+6%	+0.05 pp	10 q
DNBDun & Bradstreet Holdings, Inc.	1.38%	1,736,000	$26M	trimmed−5%	−0.06 pp	6 q
ORCLOracle Corp	1.33%	360,500	$25M	held	—	37 q
ACNAccenture PLC	1.31%	89,400	$25M	held	—	37 q
99952EURLinde PLC/OLD	1.21%	79,386	$23M	trimmed−6%	0.00 pp	15 q
LBRDALiberty Broadband Corporation Class A	1.20%	200,000	$23M	added+22%	+0.24 pp	31 q
9900123DPerimeter Solutions SA	1.20%	2,100,000	$23M	added+4%	+0.11 pp	3 q
ADBEAdobe Inc.	1.16%	60,000	$22M	new	+1.16 pp	new
LKQLKQ Corporation	1.13%	433,700	$21M	held	—	12 q
MLMMartin Marietta Materials	1.09%	69,050	$21M	added+3%	−0.07 pp	20 q
CRMSalesforce, Inc.	1.09%	125,000	$21M	added+4%	−0.05 pp	12 q
CMCSAComcast Corp	1.07%	514,600	$20M	trimmed−4%	−0.06 pp	27 q
HEI.AHeico Corp Cl A	1.02%	183,500	$19M	added+5%	+0.02 pp	10 q
AXTAAxalta Coating Systems Ltd.	0.86%	733,500	$16M	held	—	20 q
LM03Liberty Media Cor-siriusxm A	0.84%	440,000	$16M	added+5%	−0.02 pp	25 q
35YCorecard Corp	0.79%	610,000	$15M	held	—	37 q
FRCBFirst Republic Bk CA	0.76%	99,050	$14M	held	—	8 q
MKTXMarketAxess Holdings Inc.	0.76%	56,000	$14M	added+31%	+0.11 pp	5 q
GWREGuidewire Software, Inc.	0.73%	193,300	$14M	added+4%	−0.06 pp	26 q
LILAKLiberty Latin America Ltd. Class C	0.73%	1,768,620	$14M	held	—	18 q
IEXIDEX Corporation	0.70%	73,100	$13M	added+2%	+0.08 pp	10 q
ACIWACI Worldwide, Inc.	0.46%	335,700	$9M	held	—	37 q
DLBDolby Laboratories, Inc.Class A	0.31%	81,000	$6M	held	—	9 q
IRIngersoll Rand Inc.	0.29%	130,000	$5M	held	—	15 q
MSFTMicrosoft Corp	0.28%	20,500	$5M	added+13%	+0.03 pp	17 q
FTVFortive Corporation	0.12%	40,800	$2M	added+7%	+0.02 pp	10 q
JPMJPMorgan Chase & Co.	0.12%	20,000	$2M	added+20%	+0.02 pp	19 q
DEODiageo plc	0.11%	11,700	$2M	held	—	37 q
HONHoneywell International, Inc.	0.11%	11,944	$2M	held	—	10 q
unresolvedQurate Retail Inc	0.05%	300,000	$861,000	trimmed−61%	−0.11 pp	17 q
RWTRedwood Trust, Inc.	0.05%	125,485	$967,000	held	—	37 q
AZOAutoZone, Inc.	—	−24,185	—	exited	−2.21 pp	—
BATRKAtlanta Braves Holdings, Inc. Series C	—	−105,000	—	exited	−0.13 pp	—
BATRAAtlanta Braves Holdings, Inc. Series A	—	−11,000	—	exited	−0.01 pp	—