Weitz Investment

Q3 2024 13F · by Brad Hinton, CIO

As of: Sep 30, 2024
Filed: Nov 12, 2024
US stock: $2.0B · prev $1.9B
Positions: 50 · prev 53
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%

Moves21 since the prior filing

+2.4 pp in · −4.0 pp out

New 1 +1.47 pp
Added 3 +0.89 pp
Trimmed 13 −1.73 pp
Exited 4 −2.25 pp

The book

Focused · behaves like 31 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 9.5% a year, about 10.6 years per position

Low
Moderate
High

Top 5 positions27% of US stock

Positions50 in this filing · 4 exited


BRK.BBERKSHIRE HATHAWAY Class B	7.33%	323,200	$149M	held	—	46 q
MAMastercard Incorporated	4.95%	203,350	$100M	held	—	40 q
VVISA Inc.	4.87%	359,200	$99M	held	—	33 q
DHRDanaher Corporation	4.81%	350,910	$98M	held	—	29 q
METAMeta Platforms, Inc. Class A	4.72%	167,200	$96M	trimmed−11%	−0.27 pp	27 q
GOOGAlphabet Inc. Class C	4.67%	566,975	$95M	trimmed−8%	−1.29 pp	42 q
AONAon plc Class A	4.45%	260,950	$90M	held	—	18 q
TMOThermo Fisher Scientific, Inc.	3.67%	120,200	$74M	trimmed−4%	+0.04 pp	32 q
CSGPCoStar Group Inc	3.30%	886,500	$67M	held	—	19 q
KMXCarMax Inc.	3.22%	845,200	$65M	trimmed−2%	−0.11 pp	27 q
GPNGlobal Payments, Inc.	3.08%	610,000	$62M	added+15%	+0.39 pp	4 q
IEXIDEX Corporation	2.99%	282,650	$61M	added+19%	+0.48 pp	19 q
LHLabcorp Holdings Inc.	2.60%	236,350	$53M	trimmed−2%	+0.02 pp	2 q
EFXEquifax, Incorporated	2.55%	176,000	$52M	held	—	5 q
VMCVulcan Materials Company(Holding Company)	2.36%	191,550	$48M	held	—	28 q
AMZNAmazon.Com Inc	2.32%	252,500	$47M	held	—	36 q
CHTRCharter Comm Inc Del CL A New	2.16%	135,450	$44M	trimmed−5%	−0.08 pp	8 q
ODFLOld Dominion Freight Line	2.06%	209,900	$42M	held	—	2 q
LBRDKLiberty Broadband Corporation Class C	2.02%	530,500	$41M	held	—	40 q
ACNAccenture PLC	1.86%	106,850	$38M	held	—	46 q
ROPRoper Technologies, Inc.	1.82%	66,500	$37M	held	—	14 q
ORCLOracle Corp	1.80%	214,700	$37M	held	—	46 q
TXNTexas Instruments Incorporated	1.73%	169,575	$35M	held	—	46 q
FISFidelity National Information Services, Inc.	1.70%	412,500	$35M	trimmed−6%	−0.04 pp	17 q
VLTOVeralto Corporation	1.65%	298,699	$33M	held	—	4 q
HEI.AHeico Corp Cl A	1.64%	162,900	$33M	held	—	19 q
ITGartner, Inc.	1.61%	64,425	$33M	held	—	11 q
ADIAnalog Devices, Inc.	1.60%	141,000	$32M	held	—	24 q
9900123DPerimeter Solutions SA	1.54%	2,324,500	$31M	trimmed−35%	+0.07 pp	12 q
SIRISirius XM Holdings, Inc	1.47%	1,261,999	$30M	new	+1.47 pp	new
LBTYKLiberty Global Ltd. Class C	1.43%	1,346,500	$29M	trimmed−3%	+0.13 pp	46 q
SPGIS&P Global Inc.	1.38%	54,225	$28M	trimmed−21%	−0.23 pp	19 q
CRMSalesforce, Inc.	1.28%	95,000	$26M	held	—	21 q
MLMMartin Marietta Materials	1.08%	40,675	$22M	held	—	29 q
MCHPMicrochip Technology Inc	1.03%	259,600	$21M	held	—	5 q
ADBEAdobe Inc.	1.02%	40,000	$21M	held	—	10 q
LKQLKQ Corporation	0.90%	458,100	$18M	held	—	21 q
ACIWACI Worldwide, Inc.	0.89%	356,600	$18M	trimmed−4%	+0.12 pp	46 q
GWREGuidewire Software, Inc.	0.87%	96,700	$18M	trimmed−5%	+0.13 pp	35 q
MSFTMicrosoft Corp	0.87%	40,950	$18M	held	—	26 q
VRSNVeriSign Inc	0.59%	63,150	$12M	trimmed−27%	−0.22 pp	3 q
LBRDALiberty Broadband Corporation Class A	0.53%	140,000	$11M	held	—	40 q
35YCorecard Corp	0.37%	515,000	$7M	held	—	46 q
CMCSAComcast Corp	0.20%	95,000	$4M	held	—	36 q
DEODiageo plc	0.20%	28,300	$4M	held	—	46 q
TECHBio-Techne Corp.	0.19%	47,200	$4M	added+7%	+0.02 pp	2 q
Rwt Holdings Incconvertible	0.17%	3,500,000	$3M	held	—	5 q
FTVFortive Corporation	0.16%	40,800	$3M	held	—	19 q
LINLinde plc	0.16%	6,900	$3M	held	—	7 q
HONHoneywell International, Inc.	0.12%	11,300	$2M	held	—	19 q
LM0CLiberty Media Corp-liber-new	—	−1,088,000	—	exited	−1.27 pp	—
Redwood Trust Incconvertible	—	−9,000,000	—	exited	−0.47 pp	—
22941EURLiberty Media Corp-cl A New	—	−310,000	—	exited	−0.36 pp	—
LLYVKLiberty Media Corp-liberty-c	—	−75,000	—	exited	−0.15 pp	—