Great investors · Glenn Greenberg · Q4 2025
What Glenn Greenberg bought and sold in Q4 2025
Brave Warrior Advisors 13F portfolio as of Dec 31, 2025: 33 positions worth $4.3 bn. Largest: OMF, SNX, ELV, SLM. Filed with the SEC on Feb 17, 2026.
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 Q4 2025
- IncreasedMillrose PropertiesMRP+2.2 pp
- IncreasedAutonationAN+1.6 pp
- IncreasedBuilders FirstsourceBLDR+1.4 pp
- IncreasedLennarLEN+1.0 pp
- IncreasedSLMSLM+0.7 pp
Sells in Q4 2025
- ReducedElevance HealthELV−4.7 pp
- ReducedRyanair HoldingsRYAAY−1.7 pp
- Sold outKinetik HoldingsKNTK−1.6 pp
8 companies with material moves, out of 16 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 Q4 2025 13F lists 33 lines of US-listed securities worth $4.3 bn; the largest is OMF at 12.2% of the portfolio. It was accepted by the SEC on Feb 17, 2026 at 4:00 PM ET.
Against the previous quarter, it opened 2 positions (AMAT and SPGI), closed 2 (KNTK and ICLR), added to 8 (MRP, AN, BLDR and LEN and 4 more) and trimmed 4 (ELV, RYAAY, SNX and GOOGL). 19 lines show the same number of shares.
| # | Company | Shares | Value | Weight | Change in shares |
|---|---|---|---|---|---|
| 1 | Onemain Holdings OMF | 7.7 M | $523M | 12.2% | no change |
| 2 | TD Synnex SNX | 3.2 M | $475M | 11.1% | −3.4% |
| 3 | Elevance Health ELV | 1.3 M | $439M | 10.3% | −32% |
| 4 | SLM SLM | 12.8 M | $347M | 8.13% | +10% |
| 5 | Autonation AN | 1.6 M | $321M | 7.51% | +28% |
| 6 | Millrose Properties MRP | 8.6 M | $257M | 6.02% | +60% |
| 7 | Lennar LEN | 2.4 M | $248M | 5.81% | +20% |
| 8 | Builders Firstsource BLDR | 2.4 M | $245M | 5.73% | +32% |
| 9 | Capital One Financial COF | 1.0 M | $245M | 5.73% | +4.6% |
| 10 | MPLX MPLX | 4.5 M | $239M | 5.59% | no change |
| 11 | Ryanair Holdings RYAAY | 3.1 M | $221M | 5.17% | −25% |
| 12 | Primerica PRI | 780,125 | $202M | 4.72% | +3.6% |
| 13 | Fidelity National Financial FNF | 3.5 M | $192M | 4.50% | no change |
| 14 | F&G Annuities & Life FG | 5.4 M | $166M | 3.89% | +3% |
| 15 | D.R. Horton DHI | 701,822 | $101M | 2.37% | no change |
| 16 | Antero Midstream AM | 1.8 M | $32.9M | 0.77% | no change |
| 17 | Alphabet GOOGL | 20,258 | $6.3M | 0.15% | −7.3% |
| 18 | HCA Healthcare HCA | 3,923 | $1.8M | 0.04% | no change |
| 19 | JPMorgan Chase JPM | 5,643 | $1.8M | 0.04% | no change |
| 20 | Bank of America BAC | 26,532 | $1.5M | 0.03% | no change |
| 21 | Alphabet GOOG | 3,790 | $1.2M | 0.03% | no change |
| 22 | Comcast CMCSA | 31,094 | $929K | 0.02% | no change |
| 23 | US Bancorp \de\ USB | 15,000 | $800K | 0.02% | no change |
| 24 | Progressive PGR | 1,746 | $398K | 0.01% | no change |
| 25 | Marriott International MAR | 1,194 | $370K | 0.01% | no change |
| 26 | Amazon.com AMZN | 1,400 | $323K | 0.01% | no change |
| 27 | Microsoft MSFT | 525 | $254K | 0.01% | no change |
| 28 | Applied Materials AMAT | 961 | $247K | 0.01% | new |
| 29 | Mastercard MA | 422 | $241K | 0.01% | no change |
| 30 | Moody's MCO | 471 | $241K | 0.01% | no change |
| 31 | Meta Platforms META | 338 | $223K | 0.01% | no change |
| 32 | Visa V | 618 | $217K | 0.01% | no change |
| 33 | S&P Global SPGI | 401 | $210K | 0.00% | new |
Positions it closed (2)
- Kinetik Holdings KNTKwas 1.60% · 1.6 M shares
- Icon ICLRwas 0.01% · 3,000 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.