We are live on !
Find out more
Wallace Weitz Weitz Investment Management
AUM
$1.44B
Turnover
9.62%
1-Year Est. Return
3.53%
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.
This Fund
S&P 500
This Quarter Est. Return
+5.92%
1 Year Est. Return
+3.53%
3 Year Est. Return
+36.06%
5 Year Est. Return
+41.29%
10 Year Est. Return
+224.48%
AUM
$3.58B
AUM Growth
+$183M
(+5.4%)
Cap. Flow
+$30M
Cap. Flow % of AUM
Cap. Flow %
0.84%
Top 10 Holdings %
Top 10 Hldgs %
43.19%
Holding
76
New
12
Increased
29
Reduced
20
Closed
6
Avg Time Held
1.1
years
Top 10 Avg Time Held
0.7
years
Top 20 Avg Time Held
1
year
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pioneer Natural Resource Co.
PXD
|
+$74.2M |
| 2 |
Motorola Solutions
MSI
|
+$64.9M |
| 3 |
DISCK
Discovery, Inc. Series C Common Stock
DISCK
|
+$62.5M |
| 4 |
Range Resources
RRC
|
+$60.5M |
| 5 |
Liberty Broadband Class C
LBRDK
|
+$59.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$117M |
| 2 |
Microsoft
MSFT
|
+$65.9M |
| 3 |
APA Corp
APA
|
+$51.3M |
| 4 |
Bausch Health
BHC
|
+$42.1M |
| 5 |
Texas Instruments
TXN
|
+$40.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 24.95% |
| 2 | Healthcare | 14.19% |
| 3 | Financials | 13.6% |
| 4 | Consumer Discretionary | 11.58% |
| 5 | Technology | 9.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Liberty Global Class C
LBTYK
$2.65B
| $243M | 6.79% |
6,218,675
+89,792
| +1% | +$3.28M |
2013 Q2
6 quarters
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.16T
| $215M | 6.02% |
1,435,171
+16,048
| +1% | +$2.32M |
2013 Q2
6 quarters
|
|
|
3
Bausch Health
BHC
$2.41B
| $197M | 5.51% |
1,378,606
-312,919
| -18% | -$42.1M |
2013 Q2
6 quarters
|
|
|
QVCGA
4
DELISTED
QVC Group Inc Series A
QVCGA
| $156M | 4.35% |
109,137
-17,918
| -14% | -$23.5M |
2013 Q2
6 quarters
|
|
|
ESRX
5
DELISTED
Express Scripts Holding Company
ESRX
| $143M | 3.98% |
1,684,987
-91,920
| -5% | -$7.18M |
2013 Q2
6 quarters
|
|
6
Liberty Media Corporation Series C Common Stock
FWONK
$22.4B
| $133M | 3.72% |
5,368,579
-389,380
| -7% | -$9.6M |
2014 Q3
1 quarter
|
|
7
Redwood Trust
RWT
$399M
| $125M | 3.48% |
6,322,495
+397,060
| +7% | +$7.45M |
2013 Q2
6 quarters
|
|
8
TransDigm Group
TDG
$61.1B
| $118M | 3.29% |
600,125
+9,459
| +2% | +$1.78M |
2013 Q2
6 quarters
|
|
|
9
Range Resources
RRC
$10.6B
| $110M | 3.06% |
2,050,560
+936,593
| +84% | +$60.5M |
2013 Q2
6 quarters
|
|
10
Labcorp
LH
$26.7B
| $108M | 3% |
1,160,049
+8,980
| +0.8% | +$793K |
2013 Q2
6 quarters
|
|
11
Wells Fargo
WFC
$247B
| $106M | 2.95% |
1,925,266
-366,219
| -16% | -$19.4M |
2013 Q2
6 quarters
|
|
12
Martin Marietta Materials
MLM
$36B
| $85.4M | 2.38% |
774,072
+13,809
| +2% | +$1.63M |
2013 Q2
6 quarters
|
|
13
Alphabet (Google) Class C
GOOG
$3.88T
| $83.1M | 2.32% |
3,159,069
+732,806
| +30% | +$19.7M |
2013 Q2
6 quarters
|
|
|
DISCK
14
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $83.1M | 2.32% |
2,464,118
+1,835,018
| +292% | +$62.5M |
2014 Q3
1 quarter
|
|
15
DELISTED
Iconix Brand Group, Inc.
ICON
| $80.2M | 2.24% |
237,393
+5,131
| +2% | +$1.94M |
2013 Q2
6 quarters
|
|
|
16
Texas Instruments
TXN
$260B
| $80M | 2.23% |
1,496,447
-794,508
| -35% | -$40.2M |
2013 Q2
6 quarters
|
|
|
17
DELISTED
Pioneer Natural Resource Co.
PXD
| $77.7M | 2.17% |
522,141
+449,811
| +622% | +$74.2M |
2014 Q1
3 quarters
|
|
|
ILG
18
DELISTED
ILG, Inc Common Stock
ILG
| $68.6M | 1.91% |
3,282,388
+84,424
| +3% | +$1.78M |
2013 Q2
6 quarters
|
|
|
19
Motorola Solutions
MSI
$79.7B
| $68.2M | 1.9% |
+1,016,270
| New | +$64.9M |
2014 Q4
0 quarters
|
|
20
Live Nation Entertainment
LYV
$40.4B
| $62.5M | 1.75% |
2,394,970
-359,325
| -13% | -$9.06M |
2013 Q2
6 quarters
|
|
21
Aon
AON
$64.4B
| $62.1M | 1.73% |
654,828
+6,378
| +1% | +$570K |
2013 Q2
6 quarters
|
|
|
TFCFA
22
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $61.5M | 1.72% |
+1,600,960
| New | +$56.7M |
2014 Q4
0 quarters
|
|
23
DELISTED
ADT Corp
ADT
| $61.3M | 1.71% |
1,693,060
-29,805
| -2% | -$1.03M |
2013 Q4
4 quarters
|
|
24
Oracle
ORCL
$382B
| $60.2M | 1.68% |
1,339,517
-708,088
| -35% | -$28.8M |
2013 Q2
6 quarters
|
|
|
CTRX
25
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $60.2M | 1.68% |
1,162,989
+161,612
| +16% | +$7.6M |
2014 Q2
2 quarters
|
|
Similar funds
SS
Wallace Weitz's Q4 2014 Portfolio in Review
As of Q4 2014, Wallace Weitz held 76 positions worth $3.58B, up 5.4% from $3.4B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
Wallace Weitz's Q4 2014 filing shows 12 new, 29 increased, 20 reduced and 6 closed positions. Its largest new stake was Motorola Solutions: 1,016,270 shares worth $68.2M. The largest sale was DIRECTV COM STK (DE), an estimated $117M.
By sector, the portfolio is most concentrated in Communication Services at 25% of assets, up from 21% a quarter earlier, followed by Healthcare and Financials.
- Wallace Weitz's largest Q4 2014 buy was Motorola Solutions: 1,016,270 shares worth $68.2M.
- Wallace Weitz added most to Pioneer Natural Resource Co. in Q4 2014, an estimated $74.2M increase.
- Wallace Weitz's biggest Q4 2014 reduction was DIRECTV COM STK (DE), cutting an estimated $117M.
- Wallace Weitz fully exited CACI in Q4 2014, selling an estimated $22.4M.
- Wallace Weitz's ten largest holdings make up 43% of its $3.58B portfolio in Q4 2014.
- Wallace Weitz opened 12 new positions and closed 6 in Q4 2014.
- Wallace Weitz's portfolio value rose 5.4% quarter-over-quarter to $3.58B.
Based on Weitz Investment Management's 13F filing for Q4 2014, filed 12 Feb 2015.