Great investors · Glenn Greenberg · Q3 2024
What Glenn Greenberg bought and sold in Q3 2024
Brave Warrior Advisors 13F portfolio as of Sep 30, 2024: 32 positions worth $4.8 bn. Largest: ELV, Discover Financial Services, SNX, PRI. Filed with the SEC on Nov 14, 2024.
The 13F is filed by Brave Warrior Advisors, not by Glenn Greenberg personally: these are the whole firm's positions. A “position” is a distinct security in the filing (by CUSIP); share classes of the same company are shown added together.
Buys in Q3 2024
- IncreasedRyanair HoldingsRYAAY+4.7 pp
- IncreasedTD SynnexSNX+0.9 pp
- IncreasedLennarLEN+0.8 pp
Sells in Q3 2024
- ReducedApollo Global ManagementAPO−3.9 pp
- ReducedPrimericaPRI−2.4 pp
- ReducedFidelity National FinancialFNF−1.7 pp
- ReducedF&G Annuities & LifeFG−0.6 pp
7 companies with material moves, out of 20 positions with a change. Only moves of 0.5 points of the portfolio or more are listed, measured as “traded weight” (what was bought or sold, excluding price effects). Smaller changes exist and are not listed: a position may have gone up or down without appearing above.
The full 13F, line by line
Brave Warrior Advisors's Q3 2024 13F lists 32 lines of US-listed securities worth $4.8 bn; the largest is ELV at 17.7% of the portfolio. It was accepted by the SEC on Nov 14, 2024 at 4:06 PM ET.
Against the previous quarter, it opened 6 positions (DLTR, ALLY, MCO and TXN and 2 more), closed 1 (AMAT), added to 5 (RYAAY, SNX, LEN and MPLX and 1 more) and trimmed 8 (APO, PRI, FNF and FG and 4 more). 13 lines show the same number of shares.
| # | Company | Shares | Value | Weight | Change in shares |
|---|---|---|---|---|---|
| 1 | Elevance Health ELV | 1.6 M | $854M | 17.7% | no change |
| 2 | Discover Financial Services | 3.5 M | $485M | 10.1% | no change |
| 3 | TD Synnex SNX | 3.7 M | $444M | 9.21% | +11% |
| 4 | Primerica PRI | 1.5 M | $387M | 8.03% | −23% |
| 5 | Fidelity National Financial FNF | 6.0 M | $373M | 7.74% | −18% |
| 6 | Onemain Holdings OMF | 7.4 M | $348M | 7.23% | +1.8% |
| 7 | Lennar LEN | 1.8 M | $334M | 6.93% | +12% |
| 8 | Apollo Global Management APO | 2.3 M | $284M | 5.90% | −40% |
| 9 | Lithia Motors LAD | 854,551 | $271M | 5.63% | no change |
| 10 | F&G Annuities & Life FG | 5.5 M | $244M | 5.06% | −9.8% |
| 11 | Ryanair Holdings RYAAY | 5.1 M | $231M | 4.78% | ×103 |
| 12 | MPLX MPLX | 4.4 M | $197M | 4.09% | +4.7% |
| 13 | Autonation AN | 972,309 | $174M | 3.61% | no change |
| 14 | D.R. Horton DHI | 803,061 | $153M | 3.18% | no change |
| 15 | Antero Midstream AM | 1.9 M | $28.6M | 0.59% | −9.2% |
| 16 | Alphabet GOOGL | 21,858 | $3.6M | 0.08% | no change |
| 17 | HCA Healthcare HCA | 3,373 | $1.4M | 0.03% | −13% |
| 18 | Comcast CMCSA | 31,094 | $1.3M | 0.03% | no change |
| 19 | JPMorgan Chase JPM | 5,643 | $1.2M | 0.02% | no change |
| 20 | Bank of America BAC | 22,532 | $894K | 0.02% | no change |
| 21 | Alphabet GOOG | 3,790 | $634K | 0.01% | no change |
| 22 | Dollar Tree DLTR | 7,126 | $501K | 0.01% | new |
| 23 | Progressive PGR | 1,746 | $443K | 0.01% | no change |
| 24 | Ally Financial ALLY | 10,000 | $356K | 0.01% | new |
| 25 | Marriott International MAR | 1,194 | $297K | 0.01% | no change |
| 26 | UnitedHealth Group UNH | 499 | $292K | 0.01% | −18% |
| 27 | Amazon.com AMZN | 1,400 | $261K | 0.01% | −36% |
| 28 | Microsoft MSFT | 525 | $226K | 0.00% | no change |
| 29 | Moody's MCO | 471 | $224K | 0.00% | new |
| 30 | Texas Instruments TXN | 1,010 | $209K | 0.00% | new |
| 31 | Mastercard MA | 422 | $208K | 0.00% | new |
| 32 | S&P Global SPGI | 401 | $207K | 0.00% | new |
Positions it closed (1)
- Applied Materials AMATwas 0.01% · 961 shares
One row per line of the filing (by CUSIP): share classes of the same company are listed separately here. “Change in shares” compares the count with the previous quarter, split-adjusted; the value is the one reported in the 13F at quarter end, not today's price.
Original documents: Brave Warrior Advisors's 13F filings on EDGAR (SEC) ↗
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Source: 13F filings with the SEC. A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions. Not investment advice.