Q3 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ANTM | Buy | ELEVANCE HEALTH INC | $708,688,721 | +20.7% | 1,627,598 | +23.2% | 17.69% | +14.1% |
| Sell | APOLLO GLOBAL MGMT INC | $609,496,970 | +0.8% | 6,790,296 | -13.8% | 15.22% | -4.8% | |
| PRI | Sell | PRIMERICA INC | $410,526,324 | -3.2% | 2,116,006 | -1.3% | 10.25% | -8.5% |
| FNF | Buy | FIDELITY NATIONAL FINANCIAL | $392,191,904 | +19.9% | 9,496,172 | +4.5% | 9.79% | +13.3% |
| LAD | Sell | LITHIA MTRS INC | $260,749,220 | -25.3% | 882,908 | -23.0% | 6.51% | -29.4% |
| JPM | Sell | JPMORGAN CHASE & CO | $241,246,571 | -1.7% | 1,663,540 | -1.4% | 6.02% | -7.1% |
| RJF | Sell | RAYMOND JAMES FINL INC | $214,991,204 | -4.3% | 2,140,707 | -1.1% | 5.37% | -9.6% |
| OMF | Sell | ONEMAIN HLDGS INC | $212,422,237 | -9.1% | 5,298,634 | -1.0% | 5.30% | -14.2% |
| DFS | New | DISCOVER FINL SVCS | $206,288,381 | – | 2,381,258 | – | 5.15% | – |
| Sell | F&G ANNUITIES & LIFE INC | $187,719,043 | +11.5% | 6,689,916 | -1.5% | 4.69% | +5.3% | |
| URI | Sell | UNITED RENTALS INC | $186,103,671 | -20.2% | 418,615 | -20.1% | 4.65% | -24.6% |
| DHI | Sell | D R HORTON INC | $130,015,809 | -25.0% | 1,209,787 | -15.0% | 3.25% | -29.1% |
| LEN | Buy | LENNAR CORPcl a | $113,794,262 | +25.6% | 1,013,938 | +40.2% | 2.84% | +18.7% |
| ABG | Sell | ASBURY AUTOMOTIVE GROUP INC | $63,330,449 | -4.8% | 275,266 | -0.5% | 1.58% | -10.0% |
| AM | Sell | ANTERO MIDSTREAM CORP | $26,753,197 | +2.4% | 2,233,155 | -0.9% | 0.67% | -3.2% |
| AN | Sell | AUTONATION INC | $18,123,640 | -9.1% | 119,707 | -1.2% | 0.45% | -14.2% |
| LPX | New | LOUISIANA PAC CORP | $12,771,239 | – | 231,070 | – | 0.32% | – |
| UNH | Sell | UNITEDHEALTH GROUP INC | $357,975 | -32.7% | 710 | -35.8% | 0.01% | -35.7% |
| FAF | Sell | FIRST AMERN FINL CORP | $338,940 | -7.1% | 6,000 | -6.2% | 0.01% | -20.0% |
| EPD | New | ENTERPRISE PRODS PARTNERS L | $273,700 | – | 10,000 | – | 0.01% | – |
| CMA | Exit | COMERICA INC | $0 | – | -7,500 | – | -0.01% | – |
Q2 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| New | APOLLO GLOBAL MGMT INC | $604,831,358 | – | 7,874,383 | – | 15.98% | – | |
| ANTM | New | ELEVANCE HEALTH INC | $587,027,937 | – | 1,321,272 | – | 15.51% | – |
| PRI | New | PRIMERICA INC | $424,000,209 | – | 2,144,014 | – | 11.20% | – |
| LAD | New | LITHIA MTRS INC | $348,892,934 | – | 1,147,259 | – | 9.22% | – |
| FNF | New | FIDELITY NATIONAL FINANCIAL | $327,170,268 | – | 9,088,063 | – | 8.64% | – |
| JPM | New | JPMORGAN CHASE & CO | $245,461,706 | – | 1,687,718 | – | 6.49% | – |
| OMF | New | ONEMAIN HLDGS INC | $233,812,846 | – | 5,351,633 | – | 6.18% | – |
| URI | New | UNITED RENTALS INC | $233,296,831 | – | 523,827 | – | 6.16% | – |
| RJF | New | RAYMOND JAMES FINL INC | $224,590,137 | – | 2,164,307 | – | 5.94% | – |
| DHI | New | D R HORTON INC | $173,252,974 | – | 1,423,724 | – | 4.58% | – |
| New | F&G ANNUITIES & LIFE INC | $168,359,235 | – | 6,794,158 | – | 4.45% | – | |
| LEN | New | LENNAR CORPcl a | $90,613,666 | – | 723,116 | – | 2.39% | – |
| ABG | New | ASBURY AUTOMOTIVE GROUP INC | $66,491,998 | – | 276,566 | – | 1.76% | – |
| AM | New | ANTERO MIDSTREAM CORP | $26,127,863 | – | 2,252,402 | – | 0.69% | – |
| AN | New | AUTONATION INC | $19,947,111 | – | 121,178 | – | 0.53% | – |
| GOOGL | New | ALPHABET INCcap stk cl a | $2,614,009 | – | 21,838 | – | 0.07% | – |
| CMCSA | New | COMCAST CORP NEWcl a | $1,291,956 | – | 31,094 | – | 0.03% | – |
| MCO | New | MOODYS CORP | $1,095,318 | – | 3,150 | – | 0.03% | – |
| GOOG | New | ALPHABET INCcap stk cl c | $834,693 | – | 6,900 | – | 0.02% | – |
| BC | New | BRUNSWICK CORP | $591,578 | – | 6,828 | – | 0.02% | – |
| UNH | New | UNITEDHEALTH GROUP INC | $531,588 | – | 1,106 | – | 0.01% | – |
| HCA | New | HCA HEALTHCARE INC | $416,678 | – | 1,373 | – | 0.01% | – |
| BAC | New | BANK AMERICA CORP | $416,923 | – | 14,532 | – | 0.01% | – |
| MPLX | New | MPLX LP | $407,280 | – | 12,000 | – | 0.01% | – |
| MSFT | New | MICROSOFT CORP | $417,161 | – | 1,225 | – | 0.01% | – |
| FAF | New | FIRST AMERN FINL CORP | $364,928 | – | 6,400 | – | 0.01% | – |
| AMZN | New | AMAZON COM INC | $351,972 | – | 2,700 | – | 0.01% | – |
| CMA | New | COMERICA INC | $317,700 | – | 7,500 | – | 0.01% | – |
| MAR | New | MARRIOTT INTL INC NEWcl a | $219,326 | – | 1,194 | – | 0.01% | – |
| PGR | New | PROGRESSIVE CORP | $231,118 | – | 1,746 | – | 0.01% | – |
| WFC | New | WELLS FARGO CO NEW | $224,070 | – | 5,250 | – | 0.01% | – |
| ICLR | New | ICON PLC | $237,690 | – | 950 | – | 0.01% | – |
Q4 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PGR | Exit | PROGRESSIVE CORP | $0 | – | -1,746 | – | -0.01% | – |
| AMZN | Exit | AMAZON COM INC | $0 | – | -1,900 | – | -0.01% | – |
| PHM | Exit | PULTE GROUP INC | $0 | – | -6,200 | – | -0.01% | – |
| FAF | Exit | FIRST AMERN FINL CORP | $0 | – | -5,500 | – | -0.01% | – |
| BAC | Exit | BK OF AMERICA CORP | $0 | – | -14,532 | – | -0.02% | – |
| GOOGL | Exit | ALPHABET INCcap stk cl a | $0 | – | -5,600 | – | -0.02% | – |
| GOOG | Exit | ALPHABET INCcap stk cl c | $0 | – | -6,900 | – | -0.02% | – |
| MCO | Exit | MOODYS CORP | $0 | – | -3,129 | – | -0.03% | – |
| CMCSA | Exit | COMCAST CORP NEWcl a | $0 | – | -31,094 | – | -0.03% | – |
| UNH | Exit | UNITEDHEALTH GROUP INC | $0 | – | -2,466 | – | -0.04% | – |
| AM | Exit | ANTERO MIDSTREAM CORP | $0 | – | -2,350,819 | – | -0.75% | – |
| ABG | Exit | ASBURY AUTOMOTIVE GROUP INC | $0 | – | -200,447 | – | -1.05% | – |
| LEN | Exit | LENNAR CORPcl a | $0 | – | -897,919 | – | -2.31% | – |
| HCA | Exit | HCA HEALTHCARE INC | $0 | – | -420,871 | – | -2.67% | – |
| DHI | Exit | D R HORTON INC | $0 | – | -1,621,062 | – | -3.77% | – |
| URI | Exit | UNITED RENTALS INC | $0 | – | -451,639 | – | -4.22% | – |
| VVV | Exit | VALVOLINE INC | $0 | – | -5,451,901 | – | -4.78% | – |
| OMF | Exit | ONEMAIN HLDGS INC | $0 | – | -5,381,093 | – | -5.49% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -1,735,301 | – | -6.27% | – |
| RJF | Exit | RAYMOND JAMES FINL INC | $0 | – | -2,238,425 | – | -7.65% | – |
| LAD | Exit | LITHIA MTRS INC | $0 | – | -1,136,208 | – | -8.43% | – |
| PRI | Exit | PRIMERICA INC | $0 | – | -2,199,229 | – | -9.38% | – |
| FNF | Exit | FIDELITY NATIONAL FINANCIAL | $0 | – | -9,389,250 | – | -11.75% | – |
| Exit | APOLLO GLOBAL MGMT INC | $0 | – | -7,849,515 | – | -12.62% | – | |
| ANTM | Exit | ELEVANCE HEALTH INC | $0 | – | -1,189,871 | – | -18.68% | – |
Q3 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ANTM | Sell | ELEVANCE HEALTH INC | $540,487,000 | -7.5% | 1,189,871 | -1.8% | 18.68% | -6.9% |
| Buy | APOLLO GLOBAL MGMT INC | $365,002,000 | +1.4% | 7,849,515 | +5.7% | 12.62% | +2.1% | |
| FNF | Buy | FIDELITY NATIONAL FINANCIAL | $339,891,000 | +0.8% | 9,389,250 | +3.0% | 11.75% | +1.5% |
| PRI | Sell | PRIMERICA INC | $271,495,000 | +3.1% | 2,199,229 | -0.1% | 9.38% | +3.8% |
| LAD | Buy | LITHIA MTRS INC | $243,773,000 | -10.5% | 1,136,208 | +14.6% | 8.43% | -9.9% |
| RJF | Sell | RAYMOND JAMES FINL INC | $221,201,000 | +10.2% | 2,238,425 | -0.3% | 7.65% | +10.9% |
| JPM | Sell | JPMORGAN CHASE & CO | $181,339,000 | -7.3% | 1,735,301 | -0.1% | 6.27% | -6.7% |
| OMF | Buy | ONEMAIN HLDGS INC | $158,850,000 | +47.1% | 5,381,093 | +86.2% | 5.49% | +48.1% |
| VVV | Sell | VALVOLINE INC | $138,151,000 | -36.7% | 5,451,901 | -28.0% | 4.78% | -36.3% |
| URI | Buy | UNITED RENTALS INC | $121,997,000 | +11.2% | 451,639 | +0.0% | 4.22% | +12.0% |
| DHI | Sell | D R HORTON INC | $109,179,000 | +1.4% | 1,621,062 | -0.3% | 3.77% | +2.1% |
| HCA | Buy | HCA HEALTHCARE INC | $77,352,000 | +9.5% | 420,871 | +0.2% | 2.67% | +10.3% |
| LEN | Buy | LENNAR CORPcl a | $66,940,000 | +16.8% | 897,919 | +10.5% | 2.31% | +17.6% |
| ABG | New | ASBURY AUTOMOTIVE GROUP INC | $30,288,000 | – | 200,447 | – | 1.05% | – |
| AM | Sell | ANTERO MIDSTREAM CORP | $21,581,000 | +0.0% | 2,350,819 | -1.4% | 0.75% | +0.7% |
| GOOG | Buy | ALPHABET INCcap stk cl c | $663,000 | -12.2% | 6,900 | +1900.0% | 0.02% | -11.5% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $536,000 | -12.1% | 5,600 | +1900.0% | 0.02% | -9.5% |
| FAF | Buy | FIRST AMERN FINL CORP | $254,000 | +19.8% | 5,500 | +37.5% | 0.01% | +28.6% |
| PHM | New | PULTE GROUP INC | $232,000 | – | 6,200 | – | 0.01% | – |
Q2 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ANTM | New | ELEVANCE HEALTH INC | $584,538,000 | – | 1,211,276 | – | 20.07% | – |
| New | APOLLO GLOBAL MGMT INC | $360,110,000 | – | 7,428,006 | – | 12.36% | – | |
| FNF | New | FIDELITY NATIONAL FINANCIAL | $337,056,000 | – | 9,119,482 | – | 11.57% | – |
| LAD | New | LITHIA MTRS INC | $272,419,000 | – | 991,301 | – | 9.35% | – |
| PRI | New | PRIMERICA INC | $263,439,000 | – | 2,201,012 | – | 9.04% | – |
| VVV | New | VALVOLINE INC | $218,260,000 | – | 7,570,596 | – | 7.49% | – |
| RJF | New | RAYMOND JAMES FINL INC | $200,810,000 | – | 2,245,951 | – | 6.89% | – |
| JPM | New | JPMORGAN CHASE & CO | $195,693,000 | – | 1,737,790 | – | 6.72% | – |
| URI | New | UNITED RENTALS INC | $109,686,000 | – | 451,549 | – | 3.76% | – |
| OMF | New | ONEMAIN HLDGS INC | $108,001,000 | – | 2,889,274 | – | 3.71% | – |
| DHI | New | D R HORTON INC | $107,658,000 | – | 1,626,503 | – | 3.70% | – |
| HCA | New | HCA HEALTHCARE INC | $70,615,000 | – | 420,176 | – | 2.42% | – |
| LEN | New | LENNAR CORPcl a | $57,336,000 | – | 812,464 | – | 1.97% | – |
| AM | New | ANTERO MIDSTREAM CORP | $21,573,000 | – | 2,383,767 | – | 0.74% | – |
| UNH | New | UNITEDHEALTH GROUP INC | $1,267,000 | – | 2,466 | – | 0.04% | – |
| CMCSA | New | COMCAST CORP NEWcl a | $1,220,000 | – | 31,094 | – | 0.04% | – |
| MCO | New | MOODYS CORP | $851,000 | – | 3,129 | – | 0.03% | – |
| GOOG | New | ALPHABET INCcap stk cl c | $755,000 | – | 345 | – | 0.03% | – |
| GOOGL | New | ALPHABET INCcap stk cl a | $610,000 | – | 280 | – | 0.02% | – |
| BAC | New | BK OF AMERICA CORP | $452,000 | – | 14,532 | – | 0.02% | – |
| PGR | New | PROGRESSIVE CORP | $203,000 | – | 1,746 | – | 0.01% | – |
| AMZN | New | AMAZON COM INC | $202,000 | – | 1,900 | – | 0.01% | – |
| FAF | New | FIRST AMERN FINL CORP | $212,000 | – | 4,000 | – | 0.01% | – |
Q4 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AMZN | Exit | AMAZON COM INC | $0 | – | -70 | – | -0.01% | – |
| FAF | Exit | FIRST AMERN FINL CORP | $0 | – | -4,000 | – | -0.01% | – |
| FB | Exit | FACEBOOK INCcl a | $0 | – | -1,246 | – | -0.02% | – |
| MAR | Exit | MARRIOTT INTL INC NEWcl a | $0 | – | -3,244 | – | -0.02% | – |
| BAC | Exit | BK OF AMERICA CORP | $0 | – | -14,532 | – | -0.02% | – |
| GOOG | Exit | ALPHABET INCcap stk cl c | $0 | – | -345 | – | -0.03% | – |
| MCO | Exit | MOODYS CORP | $0 | – | -3,279 | – | -0.04% | – |
| GOOGL | Exit | ALPHABET INCcap stk cl a | $0 | – | -565 | – | -0.05% | – |
| CMCSA | Exit | COMCAST CORP NEWcl a | $0 | – | -31,094 | – | -0.06% | – |
| AM | Exit | ANTERO MIDSTREAM CORP | $0 | – | -2,433,484 | – | -0.89% | – |
| ATH | Exit | ATHENE HOLDING LTDcl a | $0 | – | -430,322 | – | -1.04% | – |
| AON | Exit | AON PLC | $0 | – | -114,865 | – | -1.15% | – |
| SCHW | Exit | SCHWAB CHARLES CORP | $0 | – | -707,943 | – | -1.81% | – |
| UNH | Exit | UNITEDHEALTH GROUP INC | $0 | – | -226,121 | – | -3.09% | – |
| HCA | Exit | HCA HEALTHCARE INC | $0 | – | -619,387 | – | -5.26% | – |
| APO | Exit | APOLLO GLOBAL MGMT INC | $0 | – | -2,507,036 | – | -5.41% | – |
| BRKB | Exit | BERKSHIRE HATHAWAY INC DELcl b new | $0 | – | -685,456 | – | -6.55% | – |
| PGR | Exit | PROGRESSIVE CORP | $0 | – | -2,282,720 | – | -7.22% | – |
| RJF | Exit | RAYMOND JAMES FINL INC | $0 | – | -2,268,517 | – | -7.33% | – |
| VVV | Exit | VALVOLINE INC | $0 | – | -7,618,013 | – | -8.32% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -1,672,125 | – | -9.58% | – |
| PRI | Exit | PRIMERICA INC | $0 | – | -1,901,529 | – | -10.23% | – |
| FNF | Exit | FIDELITY NATIONAL FINANCIAL | $0 | – | -8,792,405 | – | -13.96% | – |
| ANTM | Exit | ANTHEM INC | $0 | – | -1,371,262 | – | -17.90% | – |
Q3 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ANTM | Buy | ANTHEM INC | $511,206,000 | +16.9% | 1,371,262 | +19.7% | 17.90% | +19.2% |
| FNF | Buy | FIDELITY NATIONAL FINANCIAL | $398,648,000 | +45.9% | 8,792,405 | +39.9% | 13.96% | +48.8% |
| PRI | Buy | PRIMERICA INC | $292,132,000 | +1.8% | 1,901,529 | +1.5% | 10.23% | +3.9% |
| JPM | Sell | JPMORGAN CHASE & CO | $273,710,000 | -4.7% | 1,672,125 | -9.5% | 9.58% | -2.8% |
| VVV | Buy | VALVOLINE INC | $237,530,000 | -3.5% | 7,618,013 | +0.4% | 8.32% | -1.6% |
| RJF | Buy | RAYMOND JAMES FINL INC | $209,339,000 | -0.9% | 2,268,517 | +39.4% | 7.33% | +1.0% |
| PGR | Sell | PROGRESSIVE CORP | $206,335,000 | -10.5% | 2,282,720 | -2.8% | 7.22% | -8.7% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $187,088,000 | -3.3% | 685,456 | -1.6% | 6.55% | -1.4% |
| APO | New | APOLLO GLOBAL MGMT INC | $154,408,000 | – | 2,507,036 | – | 5.41% | – |
| HCA | Sell | HCA HEALTHCARE INC | $150,338,000 | -7.0% | 619,387 | -20.8% | 5.26% | -5.2% |
| UNH | Sell | UNITEDHEALTH GROUP INC | $88,355,000 | -8.8% | 226,121 | -6.6% | 3.09% | -7.0% |
| SCHW | Sell | SCHWAB CHARLES CORP | $51,567,000 | -1.8% | 707,943 | -1.9% | 1.81% | +0.2% |
| AON | Sell | AON PLC | $32,825,000 | -89.0% | 114,865 | -90.8% | 1.15% | -88.8% |
| ATH | New | ATHENE HOLDING LTDcl a | $29,636,000 | – | 430,322 | – | 1.04% | – |
| AM | Sell | ANTERO MIDSTREAM CORP | $25,357,000 | -27.1% | 2,433,484 | -27.3% | 0.89% | -25.6% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $1,511,000 | +9.7% | 565 | +0.2% | 0.05% | +12.8% |
| MAR | Buy | MARRIOTT INTL INC NEWcl a | $480,000 | +9.1% | 3,244 | +0.7% | 0.02% | +13.3% |
| FAF | New | FIRST AMERN FINL CORP | $268,000 | – | 4,000 | – | 0.01% | – |
| AMZN | Buy | AMAZON COM INC | $230,000 | -3.0% | 70 | +1.4% | 0.01% | 0.0% |
| MA | Exit | MASTERCARD INCORPORATEDcl a | $0 | – | -558 | – | -0.01% | – |
| SQSP | Exit | SQUARESPACE INCclass a | $0 | – | -6,000 | – | -0.01% | – |
| DLTR | Exit | DOLLAR TREE INC | $0 | – | -949,378 | – | -3.24% | – |
Q2 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ANTM | New | ANTHEM INC | $437,320,000 | – | 1,145,416 | – | 15.01% | – |
| AON | New | AON PLC | $298,553,000 | – | 1,250,429 | – | 10.25% | – |
| JPM | New | JPMORGAN CHASE & CO | $287,334,000 | – | 1,847,337 | – | 9.86% | – |
| PRI | New | PRIMERICA INC | $286,827,000 | – | 1,872,970 | – | 9.85% | – |
| FNF | New | FIDELITY NATIONAL FINANCIAL | $273,217,000 | – | 6,286,646 | – | 9.38% | – |
| VVV | New | VALVOLINE INC | $246,206,000 | – | 7,584,897 | – | 8.45% | – |
| PGR | New | PROGRESSIVE CORP | $230,590,000 | – | 2,347,931 | – | 7.92% | – |
| RJF | New | RAYMOND JAMES FINL INC | $211,319,000 | – | 1,626,779 | – | 7.26% | – |
| BRKB | New | BERKSHIRE HATHAWAY INC DELcl b new | $193,554,000 | – | 696,440 | – | 6.64% | – |
| HCA | New | HCA HEALTHCARE INC | $161,719,000 | – | 782,236 | – | 5.55% | – |
| UNH | New | UNITEDHEALTH GROUP INC | $96,914,000 | – | 242,019 | – | 3.33% | – |
| DLTR | New | DOLLAR TREE INC | $94,463,000 | – | 949,378 | – | 3.24% | – |
| SCHW | New | SCHWAB CHARLES CORP | $52,517,000 | – | 721,293 | – | 1.80% | – |
| AM | New | ANTERO MIDSTREAM CORP | $34,788,000 | – | 3,348,311 | – | 1.19% | – |
| CMCSA | New | COMCAST CORP NEWcl a | $1,773,000 | – | 31,094 | – | 0.06% | – |
| GOOGL | New | ALPHABET INCcap stk cl a | $1,377,000 | – | 564 | – | 0.05% | – |
| MCO | New | MOODYS CORP | $1,188,000 | – | 3,279 | – | 0.04% | – |
| GOOG | New | ALPHABET INCcap stk cl c | $865,000 | – | 345 | – | 0.03% | – |
| BAC | New | BK OF AMERICA CORP | $599,000 | – | 14,532 | – | 0.02% | – |
| MAR | New | MARRIOTT INTL INC NEWcl a | $440,000 | – | 3,223 | – | 0.02% | – |
| FB | New | FACEBOOK INCcl a | $433,000 | – | 1,246 | – | 0.02% | – |
| SQSP | New | SQUARESPACE INCclass a | $356,000 | – | 6,000 | – | 0.01% | – |
| AMZN | New | AMAZON COM INC | $237,000 | – | 69 | – | 0.01% | – |
| MA | New | MASTERCARD INCORPORATEDcl a | $204,000 | – | 558 | – | 0.01% | – |
Q4 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AMZN | Exit | AMAZON COM INC | $0 | – | -69 | – | -0.01% | – |
| MAR | Exit | MARRIOTT INTL INC NEWcl a | $0 | – | -2,897 | – | -0.01% | – |
| CDK | Exit | CDK GLOBAL INC | $0 | – | -7,847 | – | -0.02% | – |
| BAC | Exit | BK OF AMERICA CORP | $0 | – | -14,532 | – | -0.02% | – |
| GOOG | Exit | ALPHABET INCcap stk cl c | $0 | – | -524 | – | -0.03% | – |
| MCO | Exit | MOODYS CORP | $0 | – | -3,129 | – | -0.04% | – |
| CMCSA | Exit | COMCAST CORP NEWcl a | $0 | – | -31,094 | – | -0.06% | – |
| RYAAY | Exit | RYANAIR HOLDINGS PLCsponsored ads | $0 | – | -226,506 | – | -0.83% | – |
| AM | Exit | ANTERO MIDSTREAM CORP | $0 | – | -8,464,881 | – | -2.03% | – |
| CACC | Exit | CREDIT ACCEP CORP MICH | $0 | – | -141,794 | – | -2.14% | – |
| UNH | Exit | UNITEDHEALTH GROUP INC | $0 | – | -159,901 | – | -2.22% | – |
| FB | Exit | FACEBOOK INCcl a | $0 | – | -259,985 | – | -3.04% | – |
| DLTR | Exit | DOLLAR TREE INC | $0 | – | -1,002,275 | – | -4.09% | – |
| SCHW | Exit | SCHWAB CHARLES CORP | $0 | – | -2,560,691 | – | -4.14% | – |
| GOOGL | Exit | ALPHABET INCcap stk cl a | $0 | – | -78,730 | – | -5.15% | – |
| RJF | Exit | RAYMOND JAMES FINL INC | $0 | – | -2,098,460 | – | -6.82% | – |
| PGR | Exit | PROGRESSIVE CORP | $0 | – | -1,655,588 | – | -7.00% | – |
| PRI | Exit | PRIMERICA INC | $0 | – | -1,672,920 | – | -8.45% | – |
| HCA | Exit | HCA HEALTHCARE INC | $0 | – | -1,637,772 | – | -9.11% | – |
| ANTM | Exit | ANTHEM INC | $0 | – | -763,927 | – | -9.16% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -2,245,142 | – | -9.65% | – |
| AON | Exit | AON PLC | $0 | – | -1,323,535 | – | -12.19% | – |
| BRKB | Exit | BERKSHIRE HATHAWAY INC DELcl b new | $0 | – | -1,452,624 | – | -13.81% | – |
Q3 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $309,321,000 | -16.1% | 1,452,624 | -29.6% | 13.81% | -24.6% |
| AON | New | AON PLC | $273,045,000 | – | 1,323,535 | – | 12.19% | – |
| JPM | Buy | JPMORGAN CHASE & CO | $216,140,000 | +15.4% | 2,245,142 | +12.8% | 9.65% | +3.6% |
| ANTM | Sell | ANTHEM INC | $205,183,000 | +1.1% | 763,927 | -1.0% | 9.16% | -9.2% |
| HCA | Sell | HCA HEALTHCARE INC | $204,197,000 | +26.4% | 1,637,772 | -1.6% | 9.11% | +13.5% |
| PRI | Buy | PRIMERICA INC | $189,275,000 | +4.2% | 1,672,920 | +7.4% | 8.45% | -6.4% |
| PGR | Sell | PROGRESSIVE CORP | $156,734,000 | +10.5% | 1,655,588 | -6.5% | 7.00% | -0.8% |
| RJF | Sell | RAYMOND JAMES FINL INC | $152,684,000 | +0.9% | 2,098,460 | -4.6% | 6.82% | -9.4% |
| GOOGL | Sell | ALPHABET INCcap stk cl a | $115,387,000 | -50.6% | 78,730 | -52.2% | 5.15% | -55.7% |
| SCHW | Buy | SCHWAB CHARLES CORP | $92,774,000 | +91.2% | 2,560,691 | +78.1% | 4.14% | +71.7% |
| DLTR | Buy | DOLLAR TREE INC | $91,548,000 | +8677.4% | 1,002,275 | +8809.9% | 4.09% | +7757.7% |
| FB | Sell | FACEBOOK INCcl a | $68,090,000 | -14.8% | 259,985 | -26.2% | 3.04% | -23.5% |
| UNH | Sell | UNITEDHEALTH GROUP INC | $49,852,000 | +2.1% | 159,901 | -3.4% | 2.22% | -8.3% |
| CACC | New | CREDIT ACCEP CORP MICH | $48,017,000 | – | 141,794 | – | 2.14% | – |
| AM | Buy | ANTERO MIDSTREAM CORP | $45,456,000 | +25.9% | 8,464,881 | +19.5% | 2.03% | +13.0% |
| RYAAY | Sell | RYANAIR HOLDINGS PLCsponsored ads | $18,519,000 | +12.3% | 226,506 | -8.9% | 0.83% | +0.9% |
| GOOG | Sell | ALPHABET INCcap stk cl c | $770,000 | -41.8% | 524 | -44.0% | 0.03% | -48.5% |
| CDK | New | CDK GLOBAL INC | $342,000 | – | 7,847 | – | 0.02% | – |
| AMZN | New | AMAZON COM INC | $217,000 | – | 69 | – | 0.01% | – |
| DHI | Exit | D R HORTON INC | $0 | – | -1,324,702 | – | -3.65% | – |
| LEN | Exit | LENNAR CORPcl a | $0 | – | -1,208,285 | – | -3.70% | – |
Q2 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BRKB | New | BERKSHIRE HATHAWAY INC DELcl b new | $368,476,000 | – | 2,064,178 | – | 18.32% | – |
| GOOGL | New | ALPHABET INCcap stk cl a | $233,707,000 | – | 164,809 | – | 11.62% | – |
| ANTM | New | ANTHEM INC | $202,881,000 | – | 771,468 | – | 10.09% | – |
| JPM | New | JPMORGAN CHASE & CO | $187,285,000 | – | 1,991,125 | – | 9.31% | – |
| PRI | New | PRIMERICA INC | $181,565,000 | – | 1,557,166 | – | 9.03% | – |
| HCA | New | HCA HEALTHCARE INC | $161,585,000 | – | 1,664,795 | – | 8.03% | – |
| RJF | New | RAYMOND JAMES FINL INC | $151,367,000 | – | 2,199,149 | – | 7.52% | – |
| PGR | New | PROGRESSIVE CORP OHIO | $141,816,000 | – | 1,770,265 | – | 7.05% | – |
| FB | New | FACEBOOK INCcl a | $79,951,000 | – | 352,099 | – | 3.98% | – |
| LEN | New | LENNAR CORPcl a | $74,455,000 | – | 1,208,285 | – | 3.70% | – |
| DHI | New | D R HORTON INC | $73,455,000 | – | 1,324,702 | – | 3.65% | – |
| UNH | New | UNITEDHEALTH GROUP INC | $48,811,000 | – | 165,491 | – | 2.43% | – |
| SCHW | New | SCHWAB CHARLES CORP | $48,519,000 | – | 1,438,053 | – | 2.41% | – |
| AM | New | ANTERO MIDSTREAM CORP | $36,114,000 | – | 7,081,150 | – | 1.80% | – |
| RYAAY | New | RYANAIR HOLDINGS PLCsponsored ads | $16,486,000 | – | 248,506 | – | 0.82% | – |
| GOOG | New | ALPHABET INCcap stk cl c | $1,323,000 | – | 936 | – | 0.07% | – |
| CMCSA | New | COMCAST CORP NEWcl a | $1,212,000 | – | 31,094 | – | 0.06% | – |
| DLTR | New | DOLLAR TREE INC | $1,043,000 | – | 11,249 | – | 0.05% | – |
| MCO | New | MOODYS CORP | $860,000 | – | 3,129 | – | 0.04% | – |
| BAC | New | BK OF AMERICA CORP | $345,000 | – | 14,532 | – | 0.02% | – |
| MAR | New | MARRIOTT INTL INC NEWcl a | $248,000 | – | 2,897 | – | 0.01% | – |
Q4 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BAC | Exit | BANK AMER CORP | $0 | – | -14,546 | – | -0.02% | – |
| LENB | Exit | LENNAR CORPcl b | $0 | – | -18,520 | – | -0.04% | – |
| GOOG | Exit | ALPHABET INCcap stk cl c | $0 | – | -1,100 | – | -0.07% | – |
| CMCSA | Exit | COMCAST CORP NEWcl a | $0 | – | -31,094 | – | -0.08% | – |
| MCO | Exit | MOODYS CORP | $0 | – | -6,875 | – | -0.08% | – |
| AM | Exit | ANTERO MIDSTREAM CORP | $0 | – | -466,459 | – | -0.18% | – |
| AR | Exit | ANTERO RES CORP | $0 | – | -11,458,184 | – | -1.85% | – |
| DHI | Exit | D R HORTON INC | $0 | – | -1,262,110 | – | -3.55% | – |
| C | Exit | CITIGROUP INC | $0 | – | -1,372,732 | – | -5.06% | – |
| PRI | Exit | PRIMERICA INC | $0 | – | -878,303 | – | -5.96% | – |
| LEN | Exit | LENNAR CORPcl a | $0 | – | -2,514,744 | – | -7.50% | – |
| SCHW | Exit | THE CHARLES SCHWAB CORPORATI | $0 | – | -3,379,941 | – | -7.54% | – |
| ANTM | Exit | ANTHEM INC | $0 | – | -638,397 | – | -8.18% | – |
| RJF | Exit | RAYMOND JAMES FINANCIAL INC | $0 | – | -2,575,057 | – | -11.33% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -2,026,704 | – | -12.73% | – |
| BRKB | Exit | BERKSHIRE HATHAWAY INC DELcl b new | $0 | – | -1,503,862 | – | -16.69% | – |
| GOOGL | Exit | ALPHABET INCcap stk cl a | $0 | – | -293,654 | – | -19.14% | – |
Q3 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| GOOGL | Sell | ALPHABET INCcap stk cl a | $358,593,000 | +12.0% | 293,654 | -0.7% | 19.14% | +12.3% |
| BRKB | Buy | BERKSHIRE HATHAWAY INC DELcl b new | $312,833,000 | +16.5% | 1,503,862 | +19.4% | 16.69% | +16.9% |
| JPM | Sell | JPMORGAN CHASE & CO | $238,523,000 | +4.6% | 2,026,704 | -0.6% | 12.73% | +5.0% |
| RJF | Buy | RAYMOND JAMES FINANCIAL INC | $212,339,000 | +3.2% | 2,575,057 | +5.9% | 11.33% | +3.6% |
| ANTM | New | ANTHEM INC | $153,279,000 | – | 638,397 | – | 8.18% | – |
| SCHW | Sell | THE CHARLES SCHWAB CORPORATI | $141,383,000 | +3.3% | 3,379,941 | -0.7% | 7.54% | +3.7% |
| LEN | Sell | LENNAR CORPcl a | $140,448,000 | -14.1% | 2,514,744 | -25.5% | 7.50% | -13.8% |
| PRI | Buy | PRIMERICA INC | $111,746,000 | +22.8% | 878,303 | +15.8% | 5.96% | +23.3% |
| C | Sell | CITIGROUP INC | $94,828,000 | -2.5% | 1,372,732 | -1.1% | 5.06% | -2.1% |
| DHI | Sell | D R HORTON INC | $66,526,000 | +21.7% | 1,262,110 | -0.4% | 3.55% | +22.2% |
| AR | Sell | ANTERO RES CORP | $34,604,000 | -46.8% | 11,458,184 | -2.5% | 1.85% | -46.6% |
| AM | Sell | ANTERO MIDSTREAM CORP | $3,452,000 | -54.9% | 466,459 | -30.1% | 0.18% | -54.8% |
| LENB | Sell | LENNAR CORPcl b | $822,000 | +12.8% | 18,520 | -2.1% | 0.04% | +12.8% |
| BAC | Buy | BANK AMER CORP | $424,000 | +0.7% | 14,546 | +0.1% | 0.02% | +4.5% |
| FTDR | Exit | FRONTDOOR INC | $0 | – | -41,368 | – | -0.10% | – |
| FB | Exit | FACEBOOK INCcl a | $0 | – | -577,756 | – | -5.93% | – |
| LBTYK | Exit | LIBERTY GLOBAL PLC | $0 | – | -4,665,619 | – | -6.58% | – |
Q2 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| GOOGL | New | ALPHABET INCcap stk cl a | $320,273,000 | – | 295,782 | – | 17.03% | – |
| BRKB | New | BERKSHIRE HATHAWAY INC DELcl b new | $268,471,000 | – | 1,259,424 | – | 14.28% | – |
| JPM | New | JPMORGAN CHASE & CO | $227,943,000 | – | 2,038,845 | – | 12.12% | – |
| RJF | New | RAYMOND JAMES FINANCIAL INC | $205,674,000 | – | 2,432,568 | – | 10.94% | – |
| LEN | New | LENNAR CORPcl a | $163,528,000 | – | 3,374,497 | – | 8.70% | – |
| SCHW | New | THE CHARLES SCHWAB CORPORATI | $136,842,000 | – | 3,404,870 | – | 7.28% | – |
| LBTYK | New | LIBERTY GLOBAL PLC | $123,779,000 | – | 4,665,619 | – | 6.58% | – |
| FB | New | FACEBOOK INCcl a | $111,507,000 | – | 577,756 | – | 5.93% | – |
| C | New | CITIGROUP INC | $97,224,000 | – | 1,388,318 | – | 5.17% | – |
| PRI | New | PRIMERICA INC | $90,968,000 | – | 758,386 | – | 4.84% | – |
| AR | New | ANTERO RES CORP | $64,989,000 | – | 11,752,158 | – | 3.46% | – |
| DHI | New | D R HORTON INC | $54,649,000 | – | 1,267,087 | – | 2.91% | – |
| AM | New | ANTERO MIDSTREAM CORP | $7,653,000 | – | 667,759 | – | 0.41% | – |
| FTDR | New | FRONTDOOR INC | $1,802,000 | – | 41,368 | – | 0.10% | – |
| MCO | New | MOODYS CORP | $1,343,000 | – | 6,875 | – | 0.07% | – |
| CMCSA | New | COMCAST CORP NEWcl a | $1,315,000 | – | 31,094 | – | 0.07% | – |
| GOOG | New | ALPHABET INCcap stk cl c | $1,189,000 | – | 1,100 | – | 0.06% | – |
| LENB | New | LENNAR CORPcl b | $729,000 | – | 18,920 | – | 0.04% | – |
| BAC | New | BANK AMER CORP | $421,000 | – | 14,532 | – | 0.02% | – |
Q4 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BAC | Exit | BANK AMER CORP | $0 | – | -14,532 | – | -0.02% | – |
| HCA | Exit | HCA HEALTHCARE INC | $0 | – | -3,896 | – | -0.02% | – |
| MCO | Exit | MOODYS CORP | $0 | – | -5,069 | – | -0.04% | – |
| CMCSA | Exit | COMCAST CORP NEWcl a | $0 | – | -31,094 | – | -0.05% | – |
| GOOG | Exit | ALPHABET INCcap stk cl c | $0 | – | -1,056 | – | -0.05% | – |
| LBTYA | Exit | LIBERTY GLOBAL PLC | $0 | – | -248,493 | – | -0.31% | – |
| DHI | Exit | D R HORTON INC | $0 | – | -796,400 | – | -1.43% | – |
| NLSN | Exit | NIELSEN HLDGS PLC | $0 | – | -2,899,426 | – | -3.42% | – |
| C | Exit | CITIGROUP INC | $0 | – | -1,387,683 | – | -4.24% | – |
| LEN | Exit | LENNAR CORPcl a | $0 | – | -2,215,308 | – | -4.40% | – |
| PRI | Exit | PRIMERICA INC | $0 | – | -1,452,198 | – | -7.46% | – |
| RJF | Exit | RAYMOND JAMES FINANCIAL INC | $0 | – | -2,074,489 | – | -8.13% | – |
| LBTYK | Exit | LIBERTY GLOBAL PLC | $0 | – | -6,903,175 | – | -8.28% | – |
| AR | Exit | ANTERO RES CORP | $0 | – | -11,138,139 | – | -8.40% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -1,789,772 | – | -8.60% | – |
| SCHW | Exit | SCHWAB CHARLES CORP NEW | $0 | – | -5,839,273 | – | -12.22% | – |
| GOOGL | Exit | ALPHABET INCcap stk cl a | $0 | – | -301,615 | – | -15.51% | – |
| ADS | Exit | ALLIANCE DATA SYSTEMS CORP | $0 | – | -1,732,523 | – | -17.43% | – |
Q3 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ADS | Buy | ALLIANCE DATA SYSTEMS CORP | $409,153,000 | +1.4% | 1,732,523 | +0.1% | 17.43% | +5.4% |
| GOOGL | Sell | ALPHABET INCcap stk cl a | $364,073,000 | +4.9% | 301,615 | -1.9% | 15.51% | +9.1% |
| SCHW | Buy | SCHWAB CHARLES CORP NEW | $287,000,000 | -3.8% | 5,839,273 | +0.0% | 12.22% | +0.1% |
| JPM | Buy | JPMORGAN CHASE & CO | $201,958,000 | +8.5% | 1,789,772 | +0.2% | 8.60% | +12.8% |
| AR | Buy | ANTERO RES CORP | $197,256,000 | -15.3% | 11,138,139 | +2.1% | 8.40% | -11.9% |
| LBTYK | Sell | LIBERTY GLOBAL PLC | $194,393,000 | -16.3% | 6,903,175 | -20.9% | 8.28% | -12.9% |
| RJF | New | RAYMOND JAMES FINANCIAL INC | $190,957,000 | – | 2,074,489 | – | 8.13% | – |
| PRI | Sell | PRIMERICA INC | $175,062,000 | +11.4% | 1,452,198 | -8.0% | 7.46% | +15.9% |
| LEN | New | LENNAR CORPcl a | $103,433,000 | – | 2,215,308 | – | 4.40% | – |
| C | New | CITIGROUP INC | $99,552,000 | – | 1,387,683 | – | 4.24% | – |
| NLSN | Sell | NIELSEN HLDGS PLC | $80,198,000 | -60.3% | 2,899,426 | -55.6% | 3.42% | -58.7% |
| DHI | New | D R HORTON INC | $33,592,000 | – | 796,400 | – | 1.43% | – |
| LBTYA | Sell | LIBERTY GLOBAL PLC | $7,189,000 | +4.3% | 248,493 | -0.7% | 0.31% | +8.5% |
| GOOG | New | ALPHABET INCcap stk cl c | $1,260,000 | – | 1,056 | – | 0.05% | – |
| MCO | New | MOODYS CORP | $848,000 | – | 5,069 | – | 0.04% | – |
| HCA | Sell | HCA HEALTHCARE INC | $542,000 | -99.8% | 3,896 | -99.9% | 0.02% | -99.8% |
| ESRX | Exit | EXPRESS SCRIPTS HLDG CO | $0 | – | -1,249,627 | – | -3.95% | – |
Q2 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ADS | New | ALLIANCE DATA SYSTEMS CORP | $403,646,000 | – | 1,730,900 | – | 16.53% | – |
| GOOGL | New | ALPHABET INCcap stk cl a | $347,138,000 | – | 307,422 | – | 14.21% | – |
| SCHW | New | SCHWAB CHARLES CORP NEW | $298,351,000 | – | 5,838,562 | – | 12.22% | – |
| HCA | New | HCA HEALTHCARE INC | $278,085,000 | – | 2,710,384 | – | 11.39% | – |
| AR | New | ANTERO RES CORP | $232,963,000 | – | 10,911,600 | – | 9.54% | – |
| LBTYK | New | LIBERTY GLOBAL PLC | $232,240,000 | – | 8,727,552 | – | 9.51% | – |
| NLSN | New | NIELSEN HLDGS PLC | $201,884,000 | – | 6,527,131 | – | 8.27% | – |
| JPM | New | JPMORGAN CHASE & CO | $186,153,000 | – | 1,786,500 | – | 7.62% | – |
| PRI | New | PRIMERICA INC | $157,161,000 | – | 1,577,925 | – | 6.44% | – |
| ESRX | New | EXPRESS SCRIPTS HLDG CO | $96,484,000 | – | 1,249,627 | – | 3.95% | – |
| LBTYA | New | LIBERTY GLOBAL PLC | $6,893,000 | – | 250,292 | – | 0.28% | – |
| CMCSA | New | COMCAST CORP NEWcl a | $1,020,000 | – | 31,094 | – | 0.04% | – |
| BAC | New | BANK AMER CORP | $410,000 | – | 14,532 | – | 0.02% | – |
Q4 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BAC | Exit | BANK AMER CORP | $0 | – | -14,532 | – | -0.02% | – |
| CMCSA | Exit | COMCAST CORP NEWcl a | $0 | – | -32,194 | – | -0.06% | – |
| LBTYA | Exit | LIBERTY GLOBAL PLC | $0 | – | -256,814 | – | -0.42% | – |
| ST | Exit | SENSATA TECHNOLOGIES HLDG NV | $0 | – | -1,663,465 | – | -3.87% | – |
| Q | Exit | QUINTILES IMS HOLDINGS INC | $0 | – | -950,121 | – | -4.37% | – |
| AXTA | Exit | AXALTA COATING SYS LTD | $0 | – | -3,764,629 | – | -5.27% | – |
| PRI | Exit | PRIMERICA INC | $0 | – | -1,485,192 | – | -5.86% | – |
| BAM | Exit | BROOKFIELD ASSET MGMT INCcl a ltd vt sh | $0 | – | -3,865,381 | – | -7.73% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -2,023,336 | – | -9.35% | – |
| AR | Exit | ANTERO RES CORP | $0 | – | -11,172,897 | – | -10.76% | – |
| LBTYK | Exit | LIBERTY GLOBAL PLC | $0 | – | -6,970,629 | – | -11.03% | – |
| HCA | Exit | HCA HEALTHCARE INC | $0 | – | -2,918,273 | – | -11.24% | – |
| ADS | Exit | ALLIANCE DATA SYSTEMS CORP | $0 | – | -1,388,992 | – | -14.89% | – |
| SCHW | Exit | SCHWAB CHARLES CORP NEW | $0 | – | -7,143,220 | – | -15.12% | – |
Q3 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SCHW | Sell | SCHWAB CHARLES CORP NEW | $312,444,000 | -0.4% | 7,143,220 | -2.2% | 15.12% | +9.1% |
| ADS | Buy | ALLIANCE DATA SYSTEMS CORP | $307,731,000 | +27.7% | 1,388,992 | +48.0% | 14.89% | +39.9% |
| HCA | Sell | HCA HEALTHCARE INC | $232,265,000 | -13.5% | 2,918,273 | -5.3% | 11.24% | -5.3% |
| LBTYK | Buy | LIBERTY GLOBAL PLC | $227,940,000 | +8.5% | 6,970,629 | +3.4% | 11.03% | +18.8% |
| AR | Sell | ANTERO RES CORP | $222,341,000 | -10.2% | 11,172,897 | -2.5% | 10.76% | -1.7% |
| JPM | Buy | JPMORGAN CHASE & CO | $193,249,000 | +26.1% | 2,023,336 | +20.6% | 9.35% | +38.1% |
| BAM | Sell | BROOKFIELD ASSET MGMT INCcl a ltd vt sh | $159,640,000 | -13.2% | 3,865,381 | -17.6% | 7.73% | -4.9% |
| PRI | Sell | PRIMERICA INC | $121,117,000 | +5.3% | 1,485,192 | -2.2% | 5.86% | +15.3% |
| AXTA | Sell | AXALTA COATING SYS LTD | $108,873,000 | -12.0% | 3,764,629 | -2.5% | 5.27% | -3.6% |
| Q | Sell | QUINTILES IMS HOLDINGS INC | $90,328,000 | -36.2% | 950,121 | -39.9% | 4.37% | -30.1% |
| ST | Sell | SENSATA TECHNOLOGIES HLDG NV | $79,963,000 | -35.7% | 1,663,465 | -42.8% | 3.87% | -29.6% |
| LBTYA | Sell | LIBERTY GLOBAL PLC | $8,709,000 | +1.6% | 256,814 | -3.8% | 0.42% | +11.1% |
| TDW | Exit | TIDEWATER INC | $0 | – | -19,625 | – | -0.00% | – |
| JPMWS | Exit | JPMORGAN CHASE & CO*w exp 10/28/201 | $0 | – | -1,083,231 | – | -2.41% | – |
| SERV | Exit | SERVICEMASTER GLOBAL HLDGS I | $0 | – | -1,923,916 | – | -3.33% | – |
Q2 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SCHW | New | SCHWAB CHARLES CORP NEW | $313,716,000 | – | 7,302,503 | – | 13.86% | – |
| HCA | New | HCA HEALTHCARE INC | $268,606,000 | – | 3,080,347 | – | 11.87% | – |
| AR | New | ANTERO RES CORP | $247,649,000 | – | 11,459,921 | – | 10.94% | – |
| ADS | New | ALLIANCE DATA SYSTEMS CORP | $240,954,000 | – | 938,698 | – | 10.65% | – |
| LBTYK | New | LIBERTY GLOBAL PLC | $210,110,000 | – | 6,738,614 | – | 9.28% | – |
| BAM | New | BROOKFIELD ASSET MGMT INCcl a ltd vt sh | $183,932,000 | – | 4,690,948 | – | 8.13% | – |
| JPM | New | JPMORGAN CHASE & CO | $153,295,000 | – | 1,677,185 | – | 6.77% | – |
| Q | New | QUINTILES IMS HOLDINGS INC | $141,549,000 | – | 1,581,553 | – | 6.26% | – |
| ST | New | SENSATA TECHNOLOGIES HLDG NV | $124,325,000 | – | 2,910,230 | – | 5.49% | – |
| AXTA | New | AXALTA COATING SYS LTD | $123,664,000 | – | 3,859,691 | – | 5.46% | – |
| PRI | New | PRIMERICA INC | $115,022,000 | – | 1,518,440 | – | 5.08% | – |
| SERV | New | SERVICEMASTER GLOBAL HLDGS I | $75,398,000 | – | 1,923,916 | – | 3.33% | – |
| JPMWS | New | JPMORGAN CHASE & CO*w exp 10/28/201 | $54,476,000 | – | 1,083,231 | – | 2.41% | – |
| LBTYA | New | LIBERTY GLOBAL PLC | $8,572,000 | – | 266,868 | – | 0.38% | – |
| CMCSA | New | COMCAST CORP NEWcl a | $1,253,000 | – | 32,194 | – | 0.06% | – |
| BAC | New | BANK AMER CORP | $353,000 | – | 14,532 | – | 0.02% | – |
| TDW | New | TIDEWATER INC | $14,000 | – | 19,625 | – | 0.00% | – |
Q4 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TDW | Exit | TIDEWATER INC | $0 | – | -19,625 | – | -0.00% | – |
| T | Exit | AT&T INC | $0 | – | -4,994 | – | -0.01% | – |
| BAC | Exit | BANK AMER CORP | $0 | – | -14,532 | – | -0.01% | – |
| CMCSA | Exit | COMCAST CORP NEWcl a | $0 | – | -15,547 | – | -0.05% | – |
| LILA | Exit | LIBERTY GLOBAL PLC | $0 | – | -151,955 | – | -0.20% | – |
| LILAK | Exit | LIBERTY GLOBAL PLC | $0 | – | -751,775 | – | -1.02% | – |
| LBTYA | Exit | LIBERTY GLOBAL PLC | $0 | – | -1,182,895 | – | -1.96% | – |
| AXTA | Exit | AXALTA COATING SYS LTD | $0 | – | -3,005,422 | – | -4.11% | – |
| JPMWS | Exit | JPMORGAN CHASE & CO*w exp 10/28/201 | $0 | – | -4,389,824 | – | -5.23% | – |
| ST | Exit | SENSATA TECHNOLOGIES HLDG NV | $0 | – | -3,085,374 | – | -5.79% | – |
| PRI | Exit | PRIMERICA INC | $0 | – | -2,729,998 | – | -7.00% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -2,699,238 | – | -8.69% | – |
| CMPR | Exit | CIMPRESS N V | $0 | – | -1,842,187 | – | -9.02% | – |
| HCA | Exit | HCA HOLDINGS INC | $0 | – | -2,498,550 | – | -9.14% | – |
| LBTYK | Exit | LIBERTY GLOBAL PLC | $0 | – | -6,653,098 | – | -10.63% | – |
| BAM | Exit | BROOKFIELD ASSET MGMT INCcl a ltd vt sh | $0 | – | -6,535,212 | – | -11.12% | – |
| AR | Exit | ANTERO RES CORP | $0 | – | -9,216,626 | – | -12.02% | – |
| SCHW | Exit | SCHWAB CHARLES CORP NEW | $0 | – | -9,166,877 | – | -14.00% | – |
Q3 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SCHW | Sell | SCHWAB CHARLES CORP NEW | $289,398,000 | +22.9% | 9,166,877 | -1.4% | 14.00% | +6.3% |
| AR | Sell | ANTERO RES CORP | $248,388,000 | +3.0% | 9,216,626 | -0.7% | 12.02% | -11.0% |
| BAM | Sell | BROOKFIELD ASSET MGMT INCcl a ltd vt sh | $229,909,000 | -2.5% | 6,535,212 | -8.4% | 11.12% | -15.7% |
| LBTYK | Buy | LIBERTY GLOBAL PLC | $219,818,000 | +15.9% | 6,653,098 | +0.5% | 10.63% | +0.2% |
| HCA | New | HCA HOLDINGS INC | $188,965,000 | – | 2,498,550 | – | 9.14% | – |
| CMPR | Sell | CIMPRESS N V | $186,392,000 | -20.7% | 1,842,187 | -27.5% | 9.02% | -31.5% |
| JPM | Sell | JPMORGAN CHASE & CO | $179,742,000 | +2.8% | 2,699,238 | -4.1% | 8.69% | -11.1% |
| PRI | Sell | PRIMERICA INC | $144,772,000 | -22.7% | 2,729,998 | -16.6% | 7.00% | -33.2% |
| ST | New | SENSATA TECHNOLOGIES HLDG NV | $119,651,000 | – | 3,085,374 | – | 5.79% | – |
| JPMWS | Sell | JPMORGAN CHASE & CO*w exp 10/28/201 | $108,121,000 | +16.9% | 4,389,824 | -3.9% | 5.23% | +1.1% |
| AXTA | Sell | AXALTA COATING SYS LTD | $84,963,000 | +6.0% | 3,005,422 | -0.5% | 4.11% | -8.3% |
| LBTYA | Sell | LIBERTY GLOBAL PLC | $40,431,000 | +9.6% | 1,182,895 | -6.8% | 1.96% | -5.2% |
| LILAK | New | LIBERTY GLOBAL PLC | $21,087,000 | – | 751,775 | – | 1.02% | – |
| LILA | Buy | LIBERTY GLOBAL PLC | $4,192,000 | +260.1% | 151,955 | +321.3% | 0.20% | +212.3% |
| BBU | Exit | BROOKFIELD BUSINESS PARTNERSunit ltd lp | $0 | – | -135,022 | – | -0.14% | – |
| HAL | Exit | HALLIBURTON CO | $0 | – | -1,619,013 | – | -4.10% | – |
Q2 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AR | New | ANTERO RES CORP | $241,233,000 | – | 9,285,336 | – | 13.49% | – |
| BAM | New | BROOKFIELD ASSET MGMT INCcl a ltd vt sh | $235,907,000 | – | 7,133,576 | – | 13.20% | – |
| SCHW | New | SCHWAB CHARLES CORP NEW | $235,382,000 | – | 9,299,975 | – | 13.17% | – |
| CMPR | New | CIMPRESS N V | $235,137,000 | – | 2,542,574 | – | 13.15% | – |
| LBTYK | New | LIBERTY GLOBAL PLC | $189,674,000 | – | 6,620,387 | – | 10.61% | – |
| PRI | New | PRIMERICA INC | $187,304,000 | – | 3,272,256 | – | 10.48% | – |
| JPM | New | JPMORGAN CHASE & CO | $174,927,000 | – | 2,815,045 | – | 9.78% | – |
| JPMWS | New | JPMORGAN CHASE & CO*w exp 10/28/201 | $92,499,000 | – | 4,567,863 | – | 5.17% | – |
| AXTA | New | AXALTA COATING SYS LTD | $80,154,000 | – | 3,021,244 | – | 4.48% | – |
| HAL | New | HALLIBURTON CO | $73,325,000 | – | 1,619,013 | – | 4.10% | – |
| LBTYA | New | LIBERTY GLOBAL PLC | $36,891,000 | – | 1,269,488 | – | 2.06% | – |
| BBU | New | BROOKFIELD BUSINESS PARTNERSunit ltd lp | $2,578,000 | – | 135,022 | – | 0.14% | – |
| LILA | New | LIBERTY GLOBAL PLC | $1,164,000 | – | 36,070 | – | 0.06% | – |
| CMCSA | New | COMCAST CORP NEWcl a | $1,014,000 | – | 15,547 | – | 0.06% | – |
| T | New | AT&T INC | $216,000 | – | 4,994 | – | 0.01% | – |
| BAC | New | BANK AMER CORP | $193,000 | – | 14,532 | – | 0.01% | – |
| TDW | New | TIDEWATER INC | $87,000 | – | 19,625 | – | 0.01% | – |
Q4 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BAC | Exit | BANK AMER CORP | $0 | – | -14,532 | – | -0.01% | – |
| TDW | Exit | TIDEWATER INC | $0 | – | -19,625 | – | -0.01% | – |
| BPY | Exit | BROOKFIELD PPTY PARTNERS L Punit ltd partn | $0 | – | -13,200 | – | -0.01% | – |
| CMCSA | Exit | COMCAST CORP NEWcl a | $0 | – | -15,547 | – | -0.03% | – |
| BIP | Exit | BROOKFIELD INFRAST PARTNERSlp int unit | $0 | – | -121,773 | – | -0.14% | – |
| AR | Exit | ANTERO RES CORP | $0 | – | -3,487,994 | – | -2.34% | – |
| JPMWS | Exit | JPMORGAN CHASE & CO*w exp 10/28/201 | $0 | – | -4,647,495 | – | -2.94% | – |
| PRI | Exit | PRIMERICA INC | $0 | – | -3,106,919 | – | -4.45% | – |
| EQIX | Exit | EQUINIX INC | $0 | – | -641,658 | – | -5.58% | – |
| HAL | Exit | HALLIBURTON CO | $0 | – | -7,210,130 | – | -8.10% | – |
| SCHW | Exit | SCHWAB CHARLES CORP NEW | $0 | – | -9,124,945 | – | -8.28% | – |
| BAM | Exit | BROOKFIELD ASSET MGMT INCcl a ltd vt sh | $0 | – | -8,521,806 | – | -8.51% | – |
| MSFT | Exit | MICROSOFT CORP | $0 | – | -6,280,742 | – | -8.83% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -4,814,343 | – | -9.33% | – |
| CMPR | Exit | CIMPRESS N V | $0 | – | -4,060,537 | – | -9.82% | – |
| VRX | Exit | VALEANT PHARMACEUTICALS INTL | $0 | – | -5,577,892 | – | -31.62% | – |
Q3 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VRX | Sell | VALEANT PHARMACEUTICALS INTL | $994,984,000 | -21.4% | 5,577,892 | -2.2% | 31.62% | -13.5% |
| CMPR | Buy | CIMPRESS N V | $309,047,000 | +61.8% | 4,060,537 | +78.9% | 9.82% | +78.1% |
| JPM | Sell | JPMORGAN CHASE & CO | $293,530,000 | -11.1% | 4,814,343 | -1.2% | 9.33% | -2.2% |
| MSFT | Buy | MICROSOFT CORP | $277,986,000 | +1.1% | 6,280,742 | +0.8% | 8.83% | +11.3% |
| BAM | Buy | BROOKFIELD ASSET MGMT INCcl a ltd vt sh | $267,926,000 | +41.0% | 8,521,806 | +56.6% | 8.51% | +55.2% |
| SCHW | Buy | SCHWAB CHARLES CORP NEW | $260,608,000 | -8.9% | 9,124,945 | +4.2% | 8.28% | +0.3% |
| HAL | Buy | HALLIBURTON CO | $254,878,000 | +3.0% | 7,210,130 | +25.4% | 8.10% | +13.3% |
| EQIX | Sell | EQUINIX INC | $175,429,000 | -21.3% | 641,658 | -26.9% | 5.58% | -13.4% |
| PRI | Buy | PRIMERICA INC | $140,029,000 | +13.7% | 3,106,919 | +15.3% | 4.45% | +25.2% |
| JPMWS | Buy | JPMORGAN CHASE & CO*w exp 10/28/201 | $92,532,000 | -3.2% | 4,647,495 | +20.3% | 2.94% | +6.5% |
| AR | Buy | ANTERO RES CORP | $73,806,000 | +13.4% | 3,487,994 | +84.1% | 2.34% | +24.8% |
| BIP | New | BROOKFIELD INFRAST PARTNERSlp int unit | $4,478,000 | – | 121,773 | – | 0.14% | – |
| BPY | New | BROOKFIELD PPTY PARTNERS L Punit ltd partn | $283,000 | – | 13,200 | – | 0.01% | – |
| VRX | Exit | VALEANT PHARMACEUTICALS INTLcall | $0 | – | -2,500 | – | -0.02% | – |
| BHI | Exit | BAKER HUGHES INC | $0 | – | -218,044 | – | -0.39% | – |
| ESRX | Exit | EXPRESS SCRIPTS HLDG CO | $0 | – | -1,739,482 | – | -4.47% | – |
Q2 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VRX | New | VALEANT PHARMACEUTICALS INTL | $1,266,479,000 | – | 5,701,010 | – | 36.57% | – |
| JPM | New | JPMORGAN CHASE & CO | $330,256,000 | – | 4,873,910 | – | 9.54% | – |
| SCHW | New | SCHWAB CHARLES CORP NEW | $286,027,000 | – | 8,760,395 | – | 8.26% | – |
| MSFT | New | MICROSOFT CORP | $274,968,000 | – | 6,228,032 | – | 7.94% | – |
| HAL | New | HALLIBURTON CO | $247,565,000 | – | 5,747,957 | – | 7.15% | – |
| EQIX | New | EQUINIX INC | $222,983,000 | – | 877,887 | – | 6.44% | – |
| CMPR | New | CIMPRESS N V | $190,980,000 | – | 2,269,248 | – | 5.51% | – |
| BAM | New | BROOKFIELD ASSET MGMT INCcl a ltd vt sh | $190,043,000 | – | 5,440,686 | – | 5.49% | – |
| ESRX | New | EXPRESS SCRIPTS HLDG CO | $154,710,000 | – | 1,739,482 | – | 4.47% | – |
| PRI | New | PRIMERICA INC | $123,140,000 | – | 2,695,109 | – | 3.56% | – |
| JPMWS | New | JPMORGAN CHASE & CO*w exp 10/28/201 | $95,637,000 | – | 3,864,103 | – | 2.76% | – |
| AR | New | ANTERO RES CORP | $65,064,000 | – | 1,894,714 | – | 1.88% | – |
| BHI | New | BAKER HUGHES INC | $13,453,000 | – | 218,044 | – | 0.39% | – |
| CMCSA | New | COMCAST CORP NEWcl a | $935,000 | – | 15,547 | – | 0.03% | – |
| VRX | New | VALEANT PHARMACEUTICALS INTLcall | $555,000 | – | 2,500 | – | 0.02% | – |
| TDW | New | TIDEWATER INC | $446,000 | – | 19,625 | – | 0.01% | – |
| BAC | New | BANK AMER CORP | $247,000 | – | 14,532 | – | 0.01% | – |
Q4 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BAC | Exit | BANK AMER CORP | $0 | – | -14,532 | – | -0.01% | – |
| TDW | Exit | TIDEWATER INC | $0 | – | -19,625 | – | -0.03% | – |
| CMCSA | Exit | COMCAST CORP NEWcl a | $0 | – | -15,547 | – | -0.03% | – |
| EQIX | Exit | EQUINIX INC | $0 | – | -726,837 | – | -5.72% | – |
| PRI | Exit | PRIMERICA INC | $0 | – | -3,331,270 | – | -5.95% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -3,641,450 | – | -8.13% | – |
| MSFT | Exit | MICROSOFT CORP | $0 | – | -4,833,947 | – | -8.30% | – |
| KMR | Exit | KINDER MORGAN MANAGEMENT LLC | $0 | – | -2,398,793 | – | -8.37% | – |
| SCHW | Exit | SCHWAB CHARLES CORP NEW | $0 | – | -8,344,052 | – | -9.09% | – |
| VPRT | Exit | VISTAPRINT N V | $0 | – | -4,580,125 | – | -9.30% | – |
| ESRX | Exit | EXPRESS SCRIPTS HLDG CO | $0 | – | -4,982,726 | – | -13.04% | – |
| VRX | Exit | VALEANT PHARMACEUTICALS INTL | $0 | – | -6,586,582 | – | -32.02% | – |
Q3 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VRX | Buy | VALEANT PHARMACEUTICALS INTL | $864,160,000 | +13.2% | 6,586,582 | +8.9% | 32.02% | +4.1% |
| ESRX | Buy | EXPRESS SCRIPTS HLDG CO | $351,930,000 | +8.5% | 4,982,726 | +6.5% | 13.04% | -0.3% |
| VPRT | Buy | VISTAPRINT N V | $250,945,000 | +70.8% | 4,580,125 | +26.2% | 9.30% | +56.9% |
| SCHW | Sell | SCHWAB CHARLES CORP NEW | $245,232,000 | +9.1% | 8,344,052 | -0.0% | 9.09% | +0.2% |
| KMR | Sell | KINDER MORGAN MANAGEMENT LLC | $225,846,000 | +0.9% | 2,398,793 | -15.4% | 8.37% | -7.3% |
| MSFT | Sell | MICROSOFT CORP | $224,102,000 | +11.1% | 4,833,947 | -0.1% | 8.30% | +2.1% |
| JPM | New | JPMORGAN CHASE & CO | $219,361,000 | – | 3,641,450 | – | 8.13% | – |
| PRI | Sell | PRIMERICA INC | $160,634,000 | -0.0% | 3,331,270 | -0.8% | 5.95% | -8.1% |
| EQIX | Buy | EQUINIX INC | $154,438,000 | +44.3% | 726,837 | +42.7% | 5.72% | +32.6% |
| HAL | Exit | HALLIBURTON CO | $0 | – | -70,777 | – | -0.20% | – |
| ORCL | Exit | ORACLE CORP | $0 | – | -7,888,660 | – | -12.90% | – |
Q2 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VRX | New | VALEANT PHARMACEUTICALS INTL | $763,082,000 | – | 6,050,442 | – | 30.78% | – |
| ESRX | New | EXPRESS SCRIPTS HLDG CO | $324,374,000 | – | 4,678,694 | – | 13.08% | – |
| ORCL | New | ORACLE CORP | $319,727,000 | – | 7,888,660 | – | 12.90% | – |
| SCHW | New | SCHWAB CHARLES CORP NEW | $224,792,000 | – | 8,347,280 | – | 9.07% | – |
| KMR | New | KINDER MORGAN MANAGEMENT LLC | $223,928,000 | – | 2,837,047 | – | 9.03% | – |
| MSFT | New | MICROSOFT CORP | $201,782,000 | – | 4,838,894 | – | 8.14% | – |
| PRI | New | PRIMERICA INC | $160,677,000 | – | 3,357,924 | – | 6.48% | – |
| VPRT | New | VISTAPRINT N V | $146,898,000 | – | 3,630,690 | – | 5.92% | – |
| EQIX | New | EQUINIX INC | $106,990,000 | – | 509,260 | – | 4.32% | – |
| HAL | New | HALLIBURTON CO | $5,026,000 | – | 70,777 | – | 0.20% | – |
| TDW | New | TIDEWATER INC | $1,102,000 | – | 19,625 | – | 0.04% | – |
| CMCSA | New | COMCAST CORP NEWcl a | $835,000 | – | 15,547 | – | 0.03% | – |
| BAC | New | BANK OF AMERICA CORPORATION | $223,000 | – | 14,532 | – | 0.01% | – |
Q4 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ONE | Exit | HIGHER ONE HLDGS INC | $0 | – | -4,636,534 | – | -1.60% | – |
| MSI | Exit | MOTOROLA SOLUTIONS INC | $0 | – | -668,470 | – | -1.78% | – |
| CMCSK | Exit | COMCAST CORP NEWcl a spl | $0 | – | -2,707,515 | – | -5.27% | – |
| MSFT | Exit | MICROSOFT CORP | $0 | – | -3,936,900 | – | -5.88% | – |
| PRI | Exit | PRIMERICA INC | $0 | – | -3,377,527 | – | -6.11% | – |
| SCHW | Exit | SCHWAB CHARLES CORP NEW | $0 | – | -9,209,792 | – | -8.74% | – |
| ESRX | Exit | EXPRESS SCRIPTS HLDG CO | $0 | – | -3,377,491 | – | -9.36% | – |
| VPRT | Exit | VISTAPRINT N V | $0 | – | -3,871,683 | – | -9.83% | – |
| HAL | Exit | HALLIBURTON CO | $0 | – | -4,724,009 | – | -10.21% | – |
| ORCL | Exit | ORACLE CORP | $0 | – | -7,025,771 | – | -10.46% | – |
| VRX | Exit | VALEANT PHARMACEUTICALS INTL | $0 | – | -6,573,589 | – | -30.77% | – |
Q3 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VRX | Sell | VALEANT PHARMACEUTICALS INTL | $685,823,000 | +19.7% | 6,573,589 | -1.3% | 30.77% | +16.0% |
| ORCL | Buy | ORACLE CORP | $233,045,000 | +24.1% | 7,025,771 | +14.9% | 10.46% | +20.3% |
| HAL | Buy | HALLIBURTON CO | $227,461,000 | +24.1% | 4,724,009 | +7.5% | 10.21% | +20.2% |
| VPRT | Sell | VISTAPRINT N V | $219,130,000 | -22.8% | 3,871,683 | -32.7% | 9.83% | -25.2% |
| ESRX | Sell | EXPRESS SCRIPTS HLDG CO | $208,729,000 | -19.4% | 3,377,491 | -19.5% | 9.36% | -21.9% |
| SCHW | Sell | SCHWAB CHARLES CORP NEW | $194,695,000 | -2.1% | 9,209,792 | -1.6% | 8.74% | -5.1% |
| PRI | Buy | PRIMERICA INC | $136,249,000 | +9.1% | 3,377,527 | +1.2% | 6.11% | +5.7% |
| MSFT | New | MICROSOFT CORP | $131,020,000 | – | 3,936,900 | – | 5.88% | – |
| CMCSK | Sell | COMCAST CORP NEWcl a spl | $117,371,000 | +7.2% | 2,707,515 | -1.9% | 5.27% | +3.9% |
| MSI | New | MOTOROLA SOLUTIONS INC | $39,694,000 | – | 668,470 | – | 1.78% | – |
| ONE | Sell | HIGHER ONE HLDGS INC | $35,562,000 | -51.7% | 4,636,534 | -26.6% | 1.60% | -53.1% |
| GOOGL | Exit | GOOGLE INCcl a | $0 | – | -77,016 | – | -3.14% | – |
| FISV | Exit | FISERV INC | $0 | – | -1,122,181 | – | -4.54% | – |
Q2 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VRX | New | VALEANT PHARMACEUTICALS INTL | $573,073,000 | – | 6,657,451 | – | 26.54% | – |
| VPRT | New | VISTAPRINT N V | $283,912,000 | – | 5,750,690 | – | 13.15% | – |
| ESRX | New | EXPRESS SCRIPTS HLDG CO | $258,962,000 | – | 4,194,400 | – | 11.99% | – |
| SCHW | New | SCHWAB CHARLES CORP NEW | $198,777,000 | – | 9,363,034 | – | 9.20% | – |
| ORCL | New | ORACLE CORP | $187,797,000 | – | 6,115,172 | – | 8.70% | – |
| HAL | New | HALLIBURTON CO | $183,354,000 | – | 4,394,875 | – | 8.49% | – |
| PRI | New | PRIMERICA INC | $124,899,000 | – | 3,335,976 | – | 5.78% | – |
| CMCSK | New | COMCAST CORP NEWcl a spl | $109,484,000 | – | 2,759,871 | – | 5.07% | – |
| FISV | New | FISERV INC | $98,090,000 | – | 1,122,181 | – | 4.54% | – |
| ONE | New | HIGHER ONE HLDGS INC | $73,557,000 | – | 6,319,325 | – | 3.41% | – |
| GOOGL | New | GOOGLE INCcl a | $67,803,000 | – | 77,016 | – | 3.14% | – |