Glenn Greenberg Brave Warrior Advisors
Glenn Greenberg is the founder of Brave Warrior Advisors, a concentrated equity firm that evolved from earlier vehicles including Chieftain Capital. He is known for in-depth research, relatively few holdings, and a focus on businesses with strong competitive positions. Greenberg’s portfolio disclosures attract investors who follow classic fundamental concentration.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lennar Class A
LEN
|
+$89.7M |
| 2 |
MPLX
MPLX
|
+$49.8M |
| 3 |
TD Synnex
SNX
|
+$31.9M |
| 4 |
OneMain Financial
OMF
|
+$29.4M |
| 5 |
Lithia Motors
LAD
|
+$22.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$253M |
| 2 |
Fidelity National Financial
FNF
|
+$86M |
| 3 |
Primerica
PRI
|
+$28.4M |
| 4 |
Louisiana-Pacific
LPX
|
+$18.8M |
| 5 |
Elevance Health
ELV
|
+$6.72M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 50.87% |
| 2 | Healthcare | 19.65% |
| 3 | Consumer Discretionary | 16.04% |
| 4 | Technology | 8.51% |
| 5 | Energy | 4.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Elevance Health
ELV
$86.9B
| $885M | 19.61% |
1,633,127
-12,710
| -0.8% | -$6.72M |
|
|
DFS
2
DELISTED
Discover Financial Services
DFS
| $453M | 10.03% |
3,460,972
+150,895
| +5% | +$18.8M |
|
|
3
Primerica
PRI
$9.1B
| $447M | 9.91% |
1,890,013
-125,039
| -6% | -$28.4M |
|
4
Apollo Global Management
APO
$78.4B
| $446M | 9.89% |
3,779,701
-24,683
| -0.6% | -$2.8M |
|
|
5
TD Synnex
SNX
$20B
| $383M | 8.5% |
3,322,046
+260,963
| +9% | +$31.9M |
|
|
6
Fidelity National Financial
FNF
$12.7B
| $364M | 8.07% |
7,367,533
-1,709,198
| -19% | -$86M |
|
|
7
OneMain Financial
OMF
$7.27B
| $353M | 7.81% |
7,270,177
+597,913
| +9% | +$29.4M |
|
|
8
Lennar Class A
LEN
$21B
| $238M | 5.27% |
1,637,627
+589,709
| +56% | +$89.7M |
|
9
F&G Annuities & Life
FG
$2.96B
| $230M | 5.1% |
6,049,364
-38,519
| -0.6% | -$1.51M |
|
|
10
Lithia Motors
LAD
$8.15B
| $216M | 4.78% |
855,172
+87,671
| +11% | +$22.9M |
|
|
11
MPLX
MPLX
$59.2B
| $180M | 4% |
4,235,478
+1,209,869
| +40% | +$49.8M |
|
12
AutoNation
AN
$6.6B
| $156M | 3.46% |
979,235
+41,472
| +4% | +$6.77M |
|
13
D.R. Horton
DHI
$41.5B
| $114M | 2.52% |
805,923
-4,213
| -0.5% | -$619K |
|
14
Antero Midstream
AM
$10.5B
| $30.8M | 0.68% |
2,090,289
-58,840
| -3% | -$844K |
|
15
Ryanair
RYAAY
$28.9B
| $5.78M | 0.13% |
124,100
+107,785
| +661% | +$5.6M |
|
16
Alphabet (Google) Class A
GOOGL
$4.22T
| $3.98M | 0.09% |
21,858
| – | – |
|
17
HCA Healthcare
HCA
$92.9B
| $1.24M | 0.03% |
3,873
| – | – |
|
18
Comcast
CMCSA
$95.3B
| $1.22M | 0.03% |
31,094
| – | – |
|
|
19
JPMorgan Chase
JPM
$935B
| $1.14M | 0.03% |
5,643
-1,292,985
| -100% | -$253M |
|
20
Bank of America
BAC
$431B
| $896K | 0.02% |
22,532
| – | – |
|
|
21
Alphabet (Google) Class C
GOOG
$4.18T
| $695K | 0.02% |
3,790
| – | – |
|
22
Amazon
AMZN
$2.79T
| $425K | 0.01% |
2,200
-500
| -19% | -$91.9K |
|
23
Progressive
PGR
$127B
| $363K | 0.01% |
1,746
| – | – |
|
24
UnitedHealth
UNH
$350B
| $311K | 0.01% |
610
| – | – |
|
25
Marriott International
MAR
$92.9B
| $289K | 0.01% |
1,194
| – | – |
|
Similar funds
Glenn Greenberg's Q2 2024 Portfolio in Review
As of Q2 2024, Glenn Greenberg held 30 positions worth $4.51B, down 5.6% from $4.78B the previous quarter. Its ten largest holdings account for 89% of the portfolio.
Glenn Greenberg withdrew a net $144M in Q2 2024, closing 3 positions and reducing 9 holdings. Its most notable exit was Louisiana-Pacific, an estimated $18.8M position sold in full.
By sector, the portfolio is most concentrated in Financials at 51% of assets, down from 57% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Glenn Greenberg opened a new position in Applied Materials worth $227K.
- Glenn Greenberg's largest Q2 2024 buy was Applied Materials: 961 shares worth $227K.
- Glenn Greenberg added most to Lennar Class A in Q2 2024, an estimated $89.7M increase.
- Glenn Greenberg's biggest Q2 2024 reduction was JPMorgan Chase, cutting an estimated $253M.
- Glenn Greenberg fully exited Louisiana-Pacific in Q2 2024, selling an estimated $18.8M.
- Glenn Greenberg's ten largest holdings make up 89% of its $4.51B portfolio in Q2 2024.
- Glenn Greenberg opened 1 new position and closed 3 in Q2 2024.
- Glenn Greenberg's portfolio value fell 5.6% quarter-over-quarter to $4.51B.
Based on Brave Warrior Advisors's 13F filing for Q2 2024, filed 14 Aug 2024.