Steven Check Check Capital Management
Steven Check is the founder of Check Capital Management, a value-oriented firm known for research-driven equity portfolios and a long-term client focus. The firm often emphasizes understandable businesses purchased with a margin of safety. Check’s public commentary and portfolio disclosures appeal to investors who prefer classical value frameworks.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Markel Group
MKL
|
+$13.9M |
| 2 |
Suncor Energy
SU
|
+$1.51M |
| 3 |
Bank of America
BAC
|
+$984K |
| 4 |
Verizon
VZ
|
+$211K |
| 5 |
Citigroup
C
|
+$200K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$9.86M |
| 2 |
FedEx
FDX
|
+$4.4M |
| 3 |
Brookfield
BN
|
+$2.96M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$2.4M |
| 5 |
Wells Fargo
WFC
|
+$1.72M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 28.16% |
| 2 | Consumer Discretionary | 11.15% |
| 3 | Industrials | 4.48% |
| 4 | Communication Services | 3.95% |
| 5 | Energy | 1.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Biglari Holdings Class A
BH.A
$1.24B
| $1.13M | 0.06% |
1,929
-18
| -0.9% | -$9.6K |
|
27
Amgen
AMGN
$238B
| $877K | 0.05% |
3,814
+46
| +1% | +$10.6K |
|
28
Goldman Sachs
GS
$303B
| $430K | 0.02% |
1,630
-300
| -16% | -$66.8K |
|
29
Johnson & Johnson
JNJ
$651B
| $428K | 0.02% |
2,720
+1,000
| +58% | +$148K |
|
30
iShares Future Exponential Technologies ETF
XT
$3.97B
| $424K | 0.02% |
7,400
| – | – |
|
31
AB InBev
BUD
$155B
| $398K | 0.02% |
5,700
-700
| -11% | -$44.3K |
|
32
Amazon
AMZN
$2.79T
| $381K | 0.02% |
2,340
| – | – |
|
33
Wayfair
W
$13.9B
| $357K | 0.02% |
1,580
| – | – |
|
34
Tesla
TSLA
$1.43T
| $353K | 0.02% |
1,500
| – | – |
|
35
Caterpillar
CAT
$381B
| $337K | 0.02% |
1,850
| – | – |
|
36
Fastenal
FAST
$58.8B
| $330K | 0.02% |
13,520
| – | – |
|
37
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $299K | 0.02% |
800
| – | – |
|
38
Qualcomm
QCOM
$169B
| $249K | 0.01% |
1,635
-2,200
| -57% | -$306K |
|
|
39
Citigroup
C
$221B
| $243K | 0.01% |
+3,935
| New | +$200K |
|
40
Illinois Tool Works
ITW
$80.4B
| $224K | 0.01% |
1,100
| – | – |
|
41
GE Aerospace
GE
$361B
| $115K | 0.01% |
+2,144
| New | +$96.1K |
|
Similar funds
Steven Check's Q4 2020 Portfolio in Review
As of Q4 2020, Steven Check held 43 positions worth $1.83B, up 12% from $1.64B the previous quarter. Its ten largest holdings account for 86% of the portfolio.
Steven Check's Q4 2020 filing shows 2 new, 8 increased, 24 reduced and 1 closed positions. Its largest new stake was Citigroup: 3,935 shares worth $243K. The largest sale was Berkshire Hathaway Class B, an estimated $9.86M.
By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 27% a quarter earlier, followed by Consumer Discretionary and Industrials.
- Steven Check's largest Q4 2020 buy was Citigroup: 3,935 shares worth $243K.
- Steven Check added most to Markel Group in Q4 2020, an estimated $13.9M increase.
- Steven Check's biggest Q4 2020 reduction was Berkshire Hathaway Class B, cutting an estimated $9.86M.
- Steven Check's ten largest holdings make up 86% of its $1.83B portfolio in Q4 2020.
- Steven Check opened 2 new positions and closed 1 in Q4 2020.
- Steven Check's portfolio value rose 12% quarter-over-quarter to $1.83B.
Based on Check Capital Management's 13F filing for Q4 2020, filed 3 Feb 2021.