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 | |
|---|---|---|---|---|---|---|
|
1
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $1.11B | 46.69% |
3,727,300
+118,700
| +3% | +$34M |
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.06T
| $383M | 16.06% |
1,282,338
+18,321
| +1% | +$5.25M |
|
|
3
Brookfield
BN
$93.1B
| $140M | 5.87% |
4,309,076
-61,695
| -1% | -$1.95M |
|
|
4
Alphabet (Google) Class C
GOOG
$4.18T
| $99.1M | 4.15% |
685,080
-13,960
| -2% | -$2.02M |
|
|
5
LKQ Corp
LKQ
$6.52B
| $81.5M | 3.41% |
1,356,992
-19,374
| -1% | -$1.09M |
|
6
CarMax
KMX
$8.82B
| $67.2M | 2.82% |
516,275
-3,247
| -0.6% | -$455K |
|
7
AerCap
AER
$23B
| $56.6M | 2.37% |
864,723
+3,216
| +0.4% | +$199K |
|
8
FedEx
FDX
$76.9B
| $53.7M | 2.25% |
207,537
+561
| +0.3% | +$135K |
|
|
9
Suncor Energy
SU
$80B
| $51M | 2.14% |
2,037,157
+429,260
| +27% | +$10.5M |
|
|
10
Markel Group
MKL
$22.2B
| $50.6M | 2.12% |
40,969
+680
| +2% | +$858K |
|
11
Restaurant Brands International
QSR
$28.2B
| $43.2M | 1.81% |
712,258
+5,954
| +0.8% | +$351K |
|
12
Wells Fargo
WFC
$254B
| $40.7M | 1.7% |
847,893
+2,583
| +0.3% | +$127K |
|
13
Wayfair
W
$13.9B
| $30.9M | 1.3% |
162,709
+189
| +0.1% | +$44.6K |
|
14
Quest Diagnostics
DGX
$27B
| $30.8M | 1.29% |
178,174
-542
| -0.3% | -$82.5K |
|
15
Advance Auto Parts
AAP
$2.57B
| $28.7M | 1.2% |
119,508
+325
| +0.3% | +$74.2K |
|
|
16
Berkshire Hathaway Class A
BRK.A
$1.06T
| $21.6M | 0.91% |
48
-2
| -4% | -$864K |
|
|
17
Bread Financial
BFH
$4.07B
| $21.4M | 0.9% |
321,686
-75,586
| -19% | -$5.59M |
|
|
LYLT
18
DELISTED
Loyalty Ventures Inc. Common Stock
LYLT
| $9.18M | 0.38% |
+305,423
| New | +$9.86M |
|
|
19
Walt Disney
DIS
$186B
| $6.33M | 0.27% |
40,836
+31,933
| +359% | +$5.16M |
|
20
Apple
AAPL
$4.51T
| $6.15M | 0.26% |
34,640
+442
| +1% | +$69.9K |
|
21
Verizon
VZ
$205B
| $3.55M | 0.15% |
68,402
-5,800
| -8% | -$303K |
|
22
Bank of America
BAC
$431B
| $3.33M | 0.14% |
74,827
+1,250
| +2% | +$56.9K |
|
23
Microsoft
MSFT
$3.59T
| $2.02M | 0.08% |
6,016
+214
| +4% | +$69.4K |
|
24
Trupanion
TRUP
$1.36B
| $1.94M | 0.08% |
14,725
-250
| -2% | -$29.1K |
|
25
Biglari Holdings Class A
BH.A
$1.24B
| $1.59M | 0.07% |
2,294
| – | – |
|
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.