SEC 13F Intelligence

Managers / Q1 2021 · view latest →

Brave Warrior Advisors, LLC

CIK 0001553733 · 12 EAST 49 STREET, 24TH FLOOR, NEW YORK, NY, 10017 · 212-421-9760

Reported Value
$3.1B
Q1 2021
Positions
35
Filings on Record
31
2019–present window
Filed
May 17, 2021
original filing

Summary

Brave Warrior Advisors, LLC reported $3.1B in U.S.-listed holdings across 35 positions for Q1 2021.

Its largest position, ELV, represents 13.0% of the portfolio.

Compared with Q4 2020, the fund opened 2 new positions and exited 0.

Portfolio Metrics

Turnover
+15.1%
vs prior filed quarter
Top-10 Concentration
+88.6%
share of reported value
Largest Position
+13.0%
Anthem

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $2.0BQ4 ’18Q1 ’19: $2.0BQ2 ’19: $1.9BQ3 ’19: $1.9BQ4 ’19: $1.9BQ4 ’19Q1 ’20: $1.7BQ2 ’20: $2.0BQ3 ’20: $2.2BQ4 ’20: $2.7BQ4 ’20Q1 ’21: $3.1BQ2 ’21: $2.9BQ3 ’21: $2.9BQ4 ’21: $3.1BQ4 ’21Q1 ’22: $3.4BQ2 ’22: $2.9BQ3 ’22: $2.9BQ4 ’22: $3.2BQ4 ’22Q1 ’23: $3.2BQ2 ’23: $3.8BQ3 ’23: $4.0BQ4 ’23: $4.2BQ4 ’23Q1 ’24: $4.8BQ2 ’24: $4.5BQ3 ’24: $4.8BQ4 ’24: $4.0BQ4 ’24Q1 ’25: $4.4BQ2 ’25: $4.4BQ3 ’25: $4.3BQ4 ’25: $4.3BQ4 ’25Q1 ’26: $4.0Bfilingsflow.com

Portfolio Composition

By security type
Other: 51.0%Common Stock: 48.2%ADR: 0.8%
  • Other · 51.0% · $1.6B
  • Common Stock · 48.2% · $1.5B
  • ADR · 0.8% · $23M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VALVOLINE INCNEW+7.65M7.65M+$199M$199M
ANTERO RESOURCES CORPNEW+1.50M1.50M+$15M$15M
CACCCREDIT ACCEP CORP MICHTRIMMED−451.8K3.5K−$156M$1M
ALPHABET INCTRIMMED−65.9K691−$115M$1M
FACEBOOK INCTRIMMED−248.6K5.1K−$68M$1M
SCHWSCHWAB CHARLES CORPTRIMMED−1.58M734.3K−$75M$48M
DLTRDOLLAR TREE INCADDED+535.9K1.51M+$68M$173M
UNITEDHEALTH GROUP INCADDED+83.3K246.4K+$34M$92M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2021

23 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ELVANTHEM INChistory →COM13.64%$418M1.16M
2BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW11.57%$354M1.39M
3AON PLCSHS CL A11.49%$352M1.53M
4JPMORGAN CHASE & COCOM10.85%$332M2.18M
5PRIMERICA INCCOM9.12%$279M1.89M
6HCA HEALTHCARE INCCOM8.37%$256M1.36M
7RJFRAYMOND JAMES FINL INChistory →COM8.18%$251M2.04M
8PGRPROGRESSIVE CORPhistory →COM7.46%$229M2.39M
9VALVOLINE INCCOM6.51%$199M7.65M
10DLTRDOLLAR TREE INChistory →COM5.65%$173M1.51M
11UNITEDHEALTH GROUP INCCOM2.99%$92M246.4K
12SCHWSCHWAB CHARLES CORPhistory →COM1.56%$48M734.3K
13ANTERO MIDSTREAM CORPCOM1.03%$31M3.48M
14RYAAYRYANAIR HOLDINGS PLChistory →SPONSORED ADS0.76%$23M203.2K
15ANTERO RESOURCES CORPCOM0.50%$15M1.50M
16ALPHABET INCCAP STK CL A · CAP STK CL C0.08%$3M1.2K
17COMCAST CORP NEWCL A0.05%$2M31.1K
18FACEBOOK INCCL A0.05%$1M5.1K
19CACCCREDIT ACCEP CORP MICHhistory →COM0.04%$1M3.5K
20DUTMOODYS CORPhistory →COM0.03%$979,0003.3K
21BACBK OF AMERICA CORPhistory →COM0.02%$562,00014.5K
22MARMARRIOTT INTL INC NEWhistory →CL A0.02%$477,0003.2K
23AMZNAMAZON COM INChistory →COM0.01%$213,00069

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$4.0B36May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$4.3B33Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$4.3B33Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$4.4B35Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$4.4B35May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$4.0B30Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$4.8B32Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$4.5B27Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$4.8B29May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$4.2B30Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$4.0B34Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$3.8B32Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$3.2B28May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$3.2B26Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.9B25Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.9B23Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.4B24May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.1B23Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.9B24Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.9B24Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$3.1B35May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.7B37Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.2B38Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.0B34Aug 19, 2020RESTATEMENTchanges · EDGAR ↗
Q1 2020$1.7B22May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.9B19Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.9B17Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.9B19Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.0B20May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.0B22Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Arlington Value Capital, LLC028-15228

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.