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 |
Suncor Energy
SU
|
+$10.5M |
| 2 |
LYLT
Loyalty Ventures Inc. Common Stock
LYLT
|
+$9.86M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$5.25M |
| 4 |
Walt Disney
DIS
|
+$5.16M |
| 5 |
Markel Group
MKL
|
+$858K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bread Financial
BFH
|
+$5.59M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$2.02M |
| 3 |
Brookfield
BN
|
+$1.95M |
| 4 |
Ingredion
INGR
|
+$1.16M |
| 5 |
LKQ Corp
LKQ
|
+$1.09M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 27.85% |
| 2 | Consumer Discretionary | 10.7% |
| 3 | Industrials | 5.05% |
| 4 | Communication Services | 4.57% |
| 5 | Energy | 2.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HBI
26
DELISTED
Hanesbrands
HBI
| $1.43M | 0.06% |
85,780
-21,000
| -20% | -$357K |
|
27
Amgen
AMGN
$238B
| $848K | 0.04% |
3,770
| – | – |
|
28
Tesla
TSLA
$1.43T
| $529K | 0.02% |
1,503
| – | – |
|
29
Goldman Sachs
GS
$303B
| $509K | 0.02% |
1,330
| – | – |
|
30
iShares Future Exponential Technologies ETF
XT
$3.97B
| $489K | 0.02% |
7,400
| – | – |
|
31
Amazon
AMZN
$2.79T
| $443K | 0.02% |
2,660
+420
| +19% | +$71.9K |
|
32
Fastenal
FAST
$58.8B
| $433K | 0.02% |
13,520
| – | – |
|
33
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $380K | 0.02% |
800
| – | – |
|
34
Caterpillar
CAT
$381B
| $362K | 0.02% |
1,750
| – | – |
|
35
US Bancorp
USB
$96.7B
| $336K | 0.01% |
5,985
-3,500
| -37% | -$207K |
|
36
Qualcomm
QCOM
$169B
| $299K | 0.01% |
1,635
| – | – |
|
37
Illinois Tool Works
ITW
$80.4B
| $271K | 0.01% |
1,100
| – | – |
|
38
ConocoPhillips
COP
$162B
| $246K | 0.01% |
3,404
| – | – |
|
39
Citigroup
C
$221B
| $244K | 0.01% |
4,048
| – | – |
|
40
Edwards Lifesciences
EW
$51.8B
| $233K | 0.01% |
1,800
| – | – |
|
41
Citizens Financial Group
CFG
$29.4B
| $222K | 0.01% |
4,700
| – | – |
|
42
Capital One
COF
$134B
| $218K | 0.01% |
1,500
| – | – |
|
43
Chevron
CVX
$403B
| $203K | 0.01% |
1,727
-500
| -22% | -$56.8K |
|
44
Schwab US Large-Cap Growth ETF
SCHG
$62B
| $201K | 0.01% |
+9,800
| New | +$196K |
|
45
Alibaba
BABA
$286B
| – | – |
-1,695
| Closed | -$251K |
|
46
GE Aerospace
GE
$361B
| – | – |
-3,199
| Closed | -$205K |
|
|
47
Ingredion
INGR
$6.74B
| – | – |
-13,037
| Closed | -$1.16M |
|
Similar funds
Steven Check's Q4 2021 Portfolio in Review
As of Q4 2021, Steven Check held 50 positions worth $2.39B, up 11% from $2.15B the previous quarter. Its ten largest holdings account for 88% of the portfolio.
Steven Check's Q4 2021 filing shows 2 new, 16 increased, 12 reduced and 4 closed positions. Its largest new stake was Loyalty Ventures Inc. Common Stock: 305,423 shares worth $9.18M. The largest sale was Bread Financial, an estimated $5.59M.
By sector, the portfolio is most concentrated in Financials at 28% of assets, down from 29% a quarter earlier, followed by Consumer Discretionary and Industrials.
- Steven Check's largest Q4 2021 buy was Loyalty Ventures Inc. Common Stock: 305,423 shares worth $9.18M.
- Steven Check added most to Suncor Energy in Q4 2021, an estimated $10.5M increase.
- Steven Check's biggest Q4 2021 reduction was Bread Financial, cutting an estimated $5.59M.
- Steven Check fully exited Ingredion in Q4 2021, selling an estimated $1.16M.
- Steven Check's ten largest holdings make up 88% of its $2.39B portfolio in Q4 2021.
- Steven Check opened 2 new positions and closed 4 in Q4 2021.
- Steven Check's portfolio value rose 11% quarter-over-quarter to $2.39B.
Based on Check Capital Management's 13F filing for Q4 2021, filed 4 Feb 2022.