Wallace Weitz Weitz Investment Management
Wallace Weitz founded Weitz Investment Management and built a long career as a patient, research-driven value investor. The firm is known for concentrated equity portfolios, conservative balance-sheet analysis, and multi-year holding periods. Weitz’s letters and process notes are frequently recommended to investors learning classic U.S. value management.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Thermo Fisher Scientific
TMO
|
+$10.2M |
| 2 |
Danaher
DHR
|
+$5.88M |
| 3 |
IDEX
IEX
|
+$886K |
| 4 |
RAL
Ralliant Corp
RAL
|
+$746K |
| 5 |
Bio-Techne
TECH
|
+$528K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Adobe
ADBE
|
+$31.6M |
| 2 |
CoStar Group
CSGP
|
+$11.4M |
| 3 |
CarMax
KMX
|
+$10.5M |
| 4 |
Visa
V
|
+$9.11M |
| 5 |
Charter Communications
CHTR
|
+$8.04M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.47% |
| 2 | Technology | 16.98% |
| 3 | Communication Services | 16.88% |
| 4 | Healthcare | 14.83% |
| 5 | Industrials | 13.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Old Dominion Freight Line
ODFL
$42.8B
| $33.8M | 1.82% |
208,500
| – | – |
|
27
Analog Devices
ADI
$182B
| $33.6M | 1.8% |
141,000
| – | – |
|
28
Idexx Laboratories
IDXX
$43.9B
| $32.3M | 1.74% |
60,300
| – | – |
|
29
SiriusXM
SIRI
$9.67B
| $31.8M | 1.71% |
1,384,000
-81,500
| -6% | -$1.75M |
|
30
Perimeter Solutions
PRM
$5.15B
| $27.3M | 1.47% |
1,960,900
-96,391
| -5% | -$1.11M |
|
31
Salesforce
CRM
$171B
| $23.9M | 1.28% |
87,500
| – | – |
|
32
Martin Marietta Materials
MLM
$32.1B
| $22.7M | 1.22% |
41,275
| – | – |
|
33
Roper Technologies
ROP
$40.7B
| $17.8M | 0.96% |
31,425
| – | – |
|
34
LKQ Corp
LKQ
$6.52B
| $17M | 0.91% |
458,300
| – | – |
|
35
Comcast
CMCSA
$95.3B
| $16.1M | 0.87% |
451,500
| – | – |
|
|
CCRD
36
DELISTED
CoreCard
CCRD
| $14.9M | 0.8% |
515,000
| – | – |
|
37
ACI Worldwide
ACIW
$5.24B
| $14M | 0.76% |
306,000
-50,600
| -14% | -$2.49M |
|
|
LBRDA
38
DELISTED
Liberty Broadband Class A
LBRDA
| $13.7M | 0.74% |
140,000
| – | – |
|
39
Veralto
VLTO
$24.1B
| $3.79M | 0.2% |
37,500
| – | – |
|
40
S&P Global
SPGI
$127B
| $3.76M | 0.2% |
7,140
| – | – |
|
41
Linde
LIN
$225B
| $3.24M | 0.17% |
6,900
| – | – |
|
42
Diageo
DEO
$52.6B
| $2.85M | 0.15% |
28,300
| – | – |
|
43
Fortive
FTV
$18.1B
| $2.37M | 0.13% |
45,450
-8,692
| -16% | -$455K |
|
|
RAL
44
Ralliant Corp
RAL
$7.04B
| $735K | 0.04% |
+15,150
| New | +$746K |
|
|
45
Adobe
ADBE
$109B
| – | – |
-82,500
| Closed | -$31.6M |
|
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Wallace Weitz's Q2 2025 Portfolio in Review
As of Q2 2025, Wallace Weitz held 46 positions worth $1.86B, down 1.2% from $1.88B the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Wallace Weitz withdrew a net $83.4M in Q2 2025, closing 1 position and reducing 16 holdings. Its most notable exit was Adobe, an estimated $31.6M position sold in full.
By sector, the portfolio is most concentrated in Financials at 22% of assets, down from 24% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Wallace Weitz opened a new position in Ralliant Corp worth $735K.
- Wallace Weitz's largest Q2 2025 buy was Ralliant Corp: 15,150 shares worth $735K.
- Wallace Weitz added most to Thermo Fisher Scientific in Q2 2025, an estimated $10.2M increase.
- Wallace Weitz's biggest Q2 2025 reduction was CoStar Group, cutting an estimated $11.4M.
- Wallace Weitz fully exited Adobe in Q2 2025, selling an estimated $31.6M.
- Wallace Weitz's ten largest holdings make up 47% of its $1.86B portfolio in Q2 2025.
- Wallace Weitz opened 1 new position and closed 1 in Q2 2025.
- Wallace Weitz's portfolio value fell 1.2% quarter-over-quarter to $1.86B.
Based on Weitz Investment Management's 13F filing for Q2 2025, filed 12 Aug 2025.