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 |
Alphabet (Google) Class C
GOOG
|
+$13.3M |
| 2 |
Markel Group
MKL
|
+$12.2M |
| 3 |
Bank of America
BAC
|
+$590K |
| 4 |
Brookfield Asset Management
BAM
|
+$299K |
| 5 |
Advance Auto Parts
AAP
|
+$252K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Restaurant Brands International
QSR
|
+$32.7M |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
+$15.9M |
| 3 |
Berkshire Hathaway Class A
BRK.A
|
+$5.39M |
| 4 |
Brookfield
BN
|
+$3.41M |
| 5 |
LKQ Corp
LKQ
|
+$1.49M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 27.99% |
| 2 | Consumer Discretionary | 6.47% |
| 3 | Industrials | 4.2% |
| 4 | Communication Services | 3.61% |
| 5 | Energy | 2.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Caterpillar
CAT
$381B
| $411K | 0.02% |
1,717
| – | – |
|
27
ConocoPhillips
COP
$162B
| $402K | 0.02% |
3,404
| – | – |
|
28
iShares Future Exponential Technologies ETF
XT
$3.97B
| $398K | 0.02% |
8,400
| – | – |
|
29
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $312K | 0.02% |
816
| – | – |
|
30
Fastenal
FAST
$58.8B
| $308K | 0.01% |
13,020
| – | – |
|
31
Chevron
CVX
$403B
| $305K | 0.01% |
1,697
-177
| -9% | -$30.9K |
|
|
32
Brookfield Asset Management
BAM
$83.5B
| $285K | 0.01% |
+9,952
| New | +$299K |
|
33
Illinois Tool Works
ITW
$80.4B
| $242K | 0.01% |
+1,100
| New | +$234K |
|
34
GE Aerospace
GE
$361B
| $217K | 0.01% |
+4,160
| New | +$205K |
|
35
Amazon
AMZN
$2.79T
| $212K | 0.01% |
2,520
| – | – |
|
36
Cardlytics
CDLX
$25.3M
| $61.3K | ﹤0.01% |
1,060
+12
| +1% | +$741 |
|
|
HBI
37
DELISTED
Hanesbrands
HBI
| – | – |
-10,830
| Closed | -$75K |
|
38
Occidental Petroleum
OXY
$61.3B
| – | – |
-10,010
| Closed | -$615K |
|
|
39
Restaurant Brands International
QSR
$28.2B
| – | – |
-615,176
| Closed | -$32.7M |
|
40
Tesla
TSLA
$1.43T
| – | – |
-1,503
| Closed | -$399K |
|
Similar funds
Steven Check's Q4 2022 Portfolio in Review
As of Q4 2022, Steven Check held 42 positions worth $2.08B, up 11% from $1.88B the previous quarter. Its ten largest holdings account for 92% of the portfolio.
Steven Check's Q4 2022 filing shows 3 new, 12 increased, 12 reduced and 4 closed positions. Its largest new stake was Brookfield Asset Management: 9,952 shares worth $285K. The largest sale was Restaurant Brands International, an estimated $32.7M.
By sector, the portfolio is most concentrated in Financials at 28% of assets, down from 28% a quarter earlier, followed by Consumer Discretionary and Industrials.
- Steven Check's largest Q4 2022 buy was Brookfield Asset Management: 9,952 shares worth $285K.
- Steven Check added most to Alphabet (Google) Class C in Q4 2022, an estimated $13.3M increase.
- Steven Check's biggest Q4 2022 reduction was Berkshire Hathaway Class B, cutting an estimated $15.9M.
- Steven Check fully exited Restaurant Brands International in Q4 2022, selling an estimated $32.7M.
- Steven Check's ten largest holdings make up 92% of its $2.08B portfolio in Q4 2022.
- Steven Check opened 3 new positions and closed 4 in Q4 2022.
- Steven Check's portfolio value rose 11% quarter-over-quarter to $2.08B.
Based on Check Capital Management's 13F filing for Q4 2022, filed 6 Feb 2023.