Brave Warrior Advisors 13F annual report
Brave Warrior Advisors is an investment fund managing more than $3.78 trillion ran by Donna Martel-downing. There are currently 31 companies in Mrs. Martel-downing’s portfolio. The largest investments include Apollo Global Mgmt Inc and Elevance Health Inc, together worth $1.19 trillion.
$3.78 trillion Assets Under Management (AUM)
As of 7th August 2023, Brave Warrior Advisors’s top holding is 7,874,383 shares of Apollo Global Mgmt Inc currently worth over $605 billion and making up 16.0% of the portfolio value.
In addition, the fund holds 1,321,272 shares of Elevance Health Inc worth $587 billion.
The third-largest holding is Primerica Inc worth $424 billion and the next is Lithia Mtrs Inc worth $349 billion, with 1,147,259 shares owned.
Currently, Brave Warrior Advisors's portfolio is worth at least $3.78 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Brave Warrior Advisors
The Brave Warrior Advisors office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Donna Martel-downing serves as the Chief Compliance Officer at Brave Warrior Advisors.
Recent trades
In the most recent 13F filing, Brave Warrior Advisors revealed that it had opened a new position in
MPLX LP and bought 12,000 shares worth $407 million.
This means they effectively own approximately 0.1% of the company.
MPLX LP makes up
1.5%
of the fund's Energy sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Elevance Health Inc by buying
236,504 additional shares.
This makes their stake in Elevance Health Inc total 1,321,272 shares worth $587 billion.
On the other hand, there are companies that Brave Warrior Advisors is getting rid of from its portfolio.
Brave Warrior Advisors closed its position in Schwab Charles Corp on 14th August 2023.
It sold the previously owned 5,250 shares for $275 million.
Donna Martel-downing also disclosed a decreased stake in Apollo Global Mgmt Inc by approximately 0.1%.
This leaves the value of the investment at $605 billion and 7,874,383 shares.
One of the largest hedge funds
The two most similar investment funds to Brave Warrior Advisors are Homestead Advisers Corp and Causeway Capital Management. They manage $3.77 trillion and $3.8 trillion respectively.
Donna Martel-downing investment strategy
Brave Warrior Advisors’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Finance — making up 37.0% of
the total portfolio value.
The fund focuses on investments in the United States as
64.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
39% of the total holdings value.
On the other hand, small-cap stocks make up only 3.2% of the portfolio.
The average market cap of the portfolio companies is close to $189 billion.
The complete list of Brave Warrior Advisors trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Apollo Global Mgmt Inc |
0.45%
7,874,383
|
$604,831,358,000 | 15.98% |
| Elevance Health Inc |
21.80%
1,321,272
|
$587,027,937,000 | 15.51% |
| Primerica Inc |
0.33%
2,144,014
|
$424,000,209,000 | 11.20% |
| Lithia Mtrs Inc |
7.24%
1,147,259
|
$348,892,934,000 | 9.22% |
| Fidelity National Financial Inc |
0.03%
9,088,063
|
$327,170,268,000 | 8.65% |
| JPMorgan Chase & Co. |
0.59%
1,687,718
|
$245,461,706,000 | 6.49% |
| OneMain Holdings Inc |
1.10%
5,351,633
|
$233,812,846,000 | 6.18% |
| United Rentals, Inc. |
18.84%
523,827
|
$233,296,831,000 | 6.16% |
| Raymond James Finl Inc |
0.56%
2,164,307
|
$224,590,137,000 | 5.93% |
| D.R. Horton Inc. |
9.92%
1,423,724
|
$173,252,974,000 | 4.58% |
| F&G Annuities & Life Inc |
0.58%
6,794,158
|
$168,359,235,000 | 4.45% |
| Lennar Corp. |
17.35%
723,116
|
$90,613,666,000 | 2.39% |
| Asbury Automotive Group Inc |
0.13%
276,566
|
$66,491,998,000 | 1.76% |
| Antero Midstream Corp |
0.02%
2,252,402
|
$26,127,863,000 | 0.69% |
| Autonation Inc. |
51.58%
121,178
|
$19,947,111,000 | 0.53% |
| Alphabet Inc |
8.00%
28,738
|
$3,448,702,000 | 0.09% |
| Comcast Corp New |
No change
31,094
|
$1,291,956,000 | 0.03% |
| Moodys Corp |
No change
3,150
|
$1,095,318,000 | 0.03% |
| Brunswick Corp. |
44.61%
6,828
|
$591,578,000 | 0.02% |
| Unitedhealth Group Inc |
No change
1,106
|
$531,588,000 | 0.01% |
| Microsoft Corporation |
27.94%
1,225
|
$417,161,000 | 0.01% |
| Bank America Corp |
No change
14,532
|
$416,923,000 | 0.01% |
| HCA Healthcare Inc |
96.45%
1,373
|
$416,678,000 | 0.01% |
| MPLX LP |
Opened
12,000
|
$407,280,000 | 0.01% |
| First Amern Finl Corp |
86.64%
6,400
|
$364,928,000 | 0.01% |
| Amazon.com Inc. |
15.63%
2,700
|
$351,972,000 | 0.01% |
| Comerica, Inc. |
Opened
7,500
|
$317,700,000 | 0.01% |
| Schwab Charles Corp |
Closed
5,250
|
$274,995,000 | |
| Icon Plc |
Opened
950
|
$237,690,000 | 0.01% |
| Progressive Corp. |
No change
1,746
|
$231,118,000 | 0.01% |
| Wells Fargo Co New |
Opened
5,250
|
$224,070,000 | 0.01% |
| Marriott Intl Inc New |
Opened
1,194
|
$219,326,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 32 holdings | |||
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