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
-15.41%
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
$1.91B
AUM Growth
-$344M
(-15%)
Cap. Flow
-$8.02M
Cap. Flow % of AUM
Cap. Flow %
-0.42%
Top 10 Holdings %
Top 10 Hldgs %
43.65%
Holding
61
New
1
Increased
26
Reduced
12
Closed
3
Avg Time Held
4.9
years
Top 10 Avg Time Held
3.9
years
Top 20 Avg Time Held
4.4
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Adobe
ADBE
|
+$24.4M |
| 2 |
Danaher
DHR
|
+$23.4M |
| 3 |
Roper Technologies
ROP
|
+$10.9M |
| 4 |
Amazon
AMZN
|
+$8.76M |
| 5 |
CarMax
KMX
|
+$6.16M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AutoZone
AZO
|
+$49.4M |
| 2 |
Markel Group
MKL
|
+$14.2M |
| 3 |
Mastercard
MA
|
+$8.61M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$7.84M |
| 5 |
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
|
+$3.66M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 25.86% |
| 2 | Communication Services | 23.86% |
| 3 | Technology | 19.17% |
| 4 | Healthcare | 8.85% |
| 5 | Consumer Discretionary | 7.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Alphabet (Google) Class C
GOOG
$3.88T
| $127M | 6.63% |
1,160,060
-19,500
| -2% | -$2.3M |
2013 Q2
36 quarters
|
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.16T
| $112M | 5.86% |
410,450
-25,000
| -6% | -$7.84M |
2013 Q2
36 quarters
|
|
3
CoStar Group
CSGP
$13.7B
| $88.4M | 4.62% |
1,463,600
+20,500
| +1% | +$1.24M |
2020 Q1
9 quarters
|
|
4
Visa
V
$766B
| $85.8M | 4.48% |
435,600
-10,000
| -2% | -$2.07M |
2016 Q3
23 quarters
|
|
5
DELISTED
Liberty Broadband Class C
LBRDK
| $82.3M | 4.3% |
711,700
+30,500
| +4% | +$3.72M |
2014 Q4
30 quarters
|
|
|
6
Mastercard
MA
$546B
| $73.8M | 3.86% |
234,050
-25,000
| -10% | -$8.61M |
2014 Q4
30 quarters
|
|
|
7
CarMax
KMX
$7.32B
| $71.1M | 3.71% |
785,300
+65,500
| +9% | +$6.16M |
2018 Q1
17 quarters
|
|
8
Meta Platforms (Facebook)
META
$1.64T
| $68.1M | 3.56% |
422,250
+25,000
| +6% | +$4.82M |
2018 Q1
17 quarters
|
|
9
Labcorp
LH
$26.7B
| $64.1M | 3.35% |
318,318
| – | – |
2013 Q2
36 quarters
|
|
|
10
Danaher
DHR
$162B
| $62.8M | 3.28% |
279,216
+101,669
| +57% | +$23.4M |
2017 Q3
19 quarters
|
|
|
11
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $61.9M | 3.24% |
2,216,905
-116,190
| -5% | -$3.66M |
2016 Q2
24 quarters
|
|
12
Fidelity National Information Services
FIS
$19.4B
| $61M | 3.19% |
665,900
+61,991
| +10% | +$6.16M |
2020 Q3
7 quarters
|
|
|
13
Markel Group
MKL
$23.2B
| $50.9M | 2.66% |
39,340
-10,328
| -21% | -$14.2M |
2018 Q1
17 quarters
|
|
14
Vulcan Materials
VMC
$33.9B
| $48.8M | 2.55% |
343,100
+1,300
| +0.4% | +$215K |
2017 Q4
18 quarters
|
|
15
Charles Schwab
SCHW
$157B
| $48.8M | 2.55% |
771,650
+40,000
| +5% | +$2.76M |
2018 Q3
15 quarters
|
|
16
Liberty Global Class C
LBTYK
$2.65B
| $44.8M | 2.34% |
2,026,000
-20,000
| -1% | -$488K |
2013 Q2
36 quarters
|
|
17
Thermo Fisher Scientific
TMO
$249B
| $42.6M | 2.22% |
78,342
| – | – |
2016 Q4
22 quarters
|
|
|
18
Amazon
AMZN
$2.68T
| $42.5M | 2.22% |
400,000
+70,000
| +21% | +$8.76M |
2015 Q4
26 quarters
|
|
|
19
Roper Technologies
ROP
$43.3B
| $40.4M | 2.11% |
102,300
+25,000
| +32% | +$10.9M |
2021 Q2
4 quarters
|
|
20
Aon
AON
$64.4B
| $39.9M | 2.08% |
147,900
-10,000
| -6% | -$2.87M |
2013 Q2
36 quarters
|
|
21
Analog Devices
ADI
$189B
| $37.3M | 1.95% |
255,400
+22,100
| +9% | +$3.48M |
2018 Q4
14 quarters
|
|
22
Gartner
IT
$14.5B
| $33.8M | 1.77% |
139,890
+11,911
| +9% | +$3.17M |
2022 Q1
1 quarter
|
|
23
Texas Instruments
TXN
$260B
| $28.6M | 1.5% |
186,201
| – | – |
2013 Q2
36 quarters
|
|
|
BKI
24
DELISTED
Black Knight, Inc. Common Stock
BKI
| $28.3M | 1.48% |
433,000
+15,000
| +4% | +$1.01M |
2018 Q4
14 quarters
|
|
25
S&P Global
SPGI
$133B
| $26.6M | 1.39% |
78,875
+4,575
| +6% | +$1.63M |
2020 Q1
9 quarters
|
|
Similar funds
SS
Wallace Weitz's Q2 2022 Portfolio in Review
As of Q2 2022, Wallace Weitz held 61 positions worth $1.91B, down 15% from $2.26B the previous quarter. Its ten largest holdings account for 44% of the portfolio.
Wallace Weitz's Q2 2022 filing shows 1 new, 26 increased, 12 reduced and 3 closed positions. Its largest new stake was Adobe: 60,000 shares worth $22M. The largest sale was AutoZone, an estimated $49.4M.
By sector, the portfolio is most concentrated in Financials at 26% of assets, down from 28% a quarter earlier, followed by Communication Services and Technology.
- Wallace Weitz's largest Q2 2022 buy was Adobe: 60,000 shares worth $22M.
- Wallace Weitz added most to Danaher in Q2 2022, an estimated $23.4M increase.
- Wallace Weitz's biggest Q2 2022 reduction was Markel Group, cutting an estimated $14.2M.
- Wallace Weitz fully exited AutoZone in Q2 2022, selling an estimated $49.4M.
- Wallace Weitz's ten largest holdings make up 44% of its $1.91B portfolio in Q2 2022.
- Wallace Weitz opened 1 new position and closed 3 in Q2 2022.
- Wallace Weitz's portfolio value fell 15% quarter-over-quarter to $1.91B.
Based on Weitz Investment Management's 13F filing for Q2 2022, filed 12 Aug 2022.