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 |
Advance Auto Parts
AAP
|
+$11.6M |
| 2 |
Berkshire Hathaway Class A
BRK.A
|
+$4.28M |
| 3 |
Markel Group
MKL
|
+$3.45M |
| 4 |
Brookfield
BN
|
+$1.64M |
| 5 |
Occidental Petroleum
OXY
|
+$641K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Restaurant Brands International
QSR
|
+$5.33M |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
+$2.72M |
| 3 |
LKQ Corp
LKQ
|
+$1.73M |
| 4 |
Suncor Energy
SU
|
+$720K |
| 5 |
ATVI
Activision Blizzard
ATVI
|
+$389K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 28.22% |
| 2 | Consumer Discretionary | 8.8% |
| 3 | Communication Services | 3.63% |
| 4 | Industrials | 3.61% |
| 5 | Energy | 2.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Verizon
VZ
$205B
| $491K | 0.03% |
12,928
-200
| -2% | -$8.91K |
|
27
Tesla
TSLA
$1.43T
| $399K | 0.02% |
1,503
| – | – |
|
28
iShares Future Exponential Technologies ETF
XT
$3.97B
| $374K | 0.02% |
8,400
| – | – |
|
29
Goldman Sachs
GS
$303B
| $360K | 0.02% |
1,230
| – | – |
|
30
ConocoPhillips
COP
$162B
| $348K | 0.02% |
3,404
| – | – |
|
31
Fastenal
FAST
$58.8B
| $300K | 0.02% |
13,020
-500
| -4% | -$12.6K |
|
32
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $291K | 0.02% |
816
| – | – |
|
33
Amazon
AMZN
$2.79T
| $285K | 0.02% |
2,520
-900
| -26% | -$114K |
|
34
Caterpillar
CAT
$381B
| $282K | 0.02% |
1,717
| – | – |
|
35
Chevron
CVX
$403B
| $269K | 0.01% |
1,874
+12
| +0.6% | +$1.83K |
|
36
Cardlytics
CDLX
$25.3M
| $99K | 0.01% |
+1,048
| New | +$149K |
|
|
HBI
37
DELISTED
Hanesbrands
HBI
| $75K | ﹤0.01% |
10,830
| – | – |
|
38
Edwards Lifesciences
EW
$51.8B
| – | – |
-2,700
| Closed | -$257K |
|
39
Illinois Tool Works
ITW
$80.4B
| – | – |
-1,100
| Closed | -$200K |
|
40
Qualcomm
QCOM
$169B
| – | – |
-1,635
| Closed | -$209K |
|
|
ATVI
41
DELISTED
Activision Blizzard
ATVI
| – | – |
-5,000
| Closed | -$389K |
|
Similar funds
Steven Check's Q3 2022 Portfolio in Review
As of Q3 2022, Steven Check held 43 positions worth $1.88B, down 6.2% from $2B the previous quarter. Its ten largest holdings account for 90% of the portfolio.
Steven Check's Q3 2022 filing shows 2 new, 12 increased, 16 reduced and 4 closed positions. Its largest new stake was Occidental Petroleum: 10,010 shares worth $615K. The largest sale was Restaurant Brands International, an estimated $5.33M.
By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 27% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Steven Check's largest Q3 2022 buy was Occidental Petroleum: 10,010 shares worth $615K.
- Steven Check added most to Advance Auto Parts in Q3 2022, an estimated $11.6M increase.
- Steven Check's biggest Q3 2022 reduction was Restaurant Brands International, cutting an estimated $5.33M.
- Steven Check fully exited Activision Blizzard in Q3 2022, selling an estimated $389K.
- Steven Check's ten largest holdings make up 90% of its $1.88B portfolio in Q3 2022.
- Steven Check opened 2 new positions and closed 4 in Q3 2022.
- Steven Check's portfolio value fell 6.2% quarter-over-quarter to $1.88B.
Based on Check Capital Management's 13F filing for Q3 2022, filed 2 Nov 2022.