Check Capital Management 13F, Q2 2023
Steven Check · quarter ending 30 June 2023 · filed 31 January 2024 · SEC CIK 1032814
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 1 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q2 2023
The 25 largest of 40 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2022 filing.
| Company | Ticker | Value | % of book | vs Q4 2022 |
|---|---|---|---|---|
| Berkshire Hathaway | BRK/B | $463.84M | 39.0% | +19% shares |
| Brookfield Corp. | BN | $101.38M | 8.5% | +12% shares |
| Markel | MKL | $99.59M | 8.4% | +34% shares |
| Alphabet | $93.86M | 7.9% | -3% shares | |
| LKQ Corp | LKQ | $69.57M | 5.8% | -5% shares |
| Suncor | SU | $53.24M | 4.5% | -4% shares |
| AerCap Holdings | $52.96M | 4.5% | -3% shares | |
| CarMax | KMX | $52.13M | 4.4% | +18% shares |
| FedEx | $49.30M | 4.1% | -3% shares | |
| Wells Fargo | WFC | $32.52M | 2.7% | -3% shares |
| Quest Diagnostics | $25.03M | 2.1% | unchanged | |
| Berkshire Hathaway 'A' | BRK/A | $23.82M | 2.0% | unchanged |
| Cimpress | $22.59M | 1.9% | -10% shares | |
| First Citizens | FCNCA | $13.08M | 1.1% | new |
| Wayfair | $10.56M | 0.9% | -12% shares | |
| Apple | AAPL | $6.61M | 0.6% | unchanged |
| Bank of America | BAC | $4.53M | 0.4% | +34% shares |
| Disney (Walt) | DIS | $3.26M | 0.3% | -6% shares |
| Biglari Cl A | $2.22M | 0.2% | unchanged | |
| Microsoft | MSFT | $1.98M | 0.2% | -2% shares |
| Brookfield Asset Management | BAM | $1.83M | 0.1% | +462% shares |
| Amgen | AMGN | $825.9K | 0.1% | unchanged |
| Alphabet Class A | $488.6K | 0.0% | +26% shares | |
| IShares Exponential Technologi | XT | $467.0K | 0.0% | unchanged |
| Caterpillar Tractor | CAT | $422.5K | 0.0% | unchanged |
What changed since Q4 2022
Against the Q4 2022 filing, the previous 13F we hold for this fund, Check Capital Management opened 5 new positions, added to 10, trimmed 12, left 13 unchanged and exited 3. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001032814-24-000003, filed by CHECK CAPITAL MANAGEMENT INC/CA. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.