Tracking Wallace Weitz’s Weitz Investment Management Portfolio – Q4 2024 Update

• Wallace Weitz's 13F portfolio value decreased from $2.03B to $1.94B this quarter.
• Weitz Investment Management reduced Fidelity National (FIS), Roper Technologies (ROP), and Liberty Global (LBTYK) while increasing Danaher (DHR), and Idex (IEX).
• The top three positions are Berkshire Hathaway (BRK.A), Visa (V), and Alphabet (GOOG). They add up to ~18% of the portfolio. 

This article is part of a series that provides an ongoing analysis of the changes made to Wallace Weitz’s 13F portfolio on a quarterly basis. It is based on Weitz’s regulatory 13F Form filed on 2/12/2025. Please visit our Tracking Wallace Weitz’s Weitz Investment Management Portfolio article for an idea on his investment philosophy and our last update for the fund’s moves during Q3 2024.

 

This quarter, Weitz’s 13F portfolio value decreased from $2.03B to $1.94B. The top three positions are at ~18% while the top five holdings are at ~28% of the 13F assets. The largest stake is Berkshire Hathaway (BRK.B) at ~8% of the portfolio. Weitz Investment Management’s equity funds are Weitz Partners Value Fund (WPVLX), Weitz Value Fund (WVALX), Weitz Partners III Opportunity Fund (WPOIX), and Weitz Hickory Fund (WEHIX). 

To learn about individual investing, check out the classics The Intelligent Investor and Security Analysis.

 

The spreadsheet below highlights changes to Weitz’s 13F stock holdings in Q4 2024:

 

Source: John Vincent. Data constructed from Weitz Investment Management's 13F filings for Q3 2024 and Q4 2024.

 

 

Tracking Wallace Weitz’s Weitz Investment Management Portfolio – Q3 2024 Update

• Wallace Weitz's 13F portfolio value increased from $1.90B to $2.03B this quarter.
• Weitz Investment Management reduced Meta Platforms (META) while increasing Global Payments (GPN) and Idex Corp (IEX).
• The top three positions are Berkshire Hathaway (BRK.A), Mastercard (MA), and Visa (V). They add up to ~17% of the portfolio.

This article is part of a series that provides an ongoing analysis of the changes made to Wallace Weitz’s 13F portfolio on a quarterly basis. It is based on Weitz’s regulatory 13F Form filed on 11/13/2024. Please visit our Tracking Wallace Weitz’s Weitz Investment Management Portfolio article for an idea on his investment philosophy and our last update for the fund’s moves during Q2 2024.

 

This quarter, Weitz’s 13F portfolio value increased from $1.91B to $2.03B. The top three positions are at ~17% while the top five holdings are at ~27% of the 13F assets. The largest stake is Berkshire Hathaway (BRK.B) at ~7% of the portfolio. Weitz Investment Management’s equity funds are Weitz Partners Value Fund (WPVLX), Weitz Value Fund (WVALX), Weitz Partners III Opportunity Fund (WPOIX), and Weitz Hickory Fund (WEHIX). 

To learn about individual investing, check out the classics The Intelligent Investor and Security Analysis.

 

The spreadsheet below highlights changes to Weitz’s 13F stock holdings in Q3 2024:

 

Source: John Vincent. Data constructed from Weitz Investment Management's 13F filings for Q2 2024 and Q3 2024.

 

Tracking Wallace Weitz’s Weitz Investment Management Portfolio – Q2 2024 Update

• Wallace Weitz's 13F portfolio value decreased from $1.98B to $1.90B this quarter.
• Weitz Investment Management reduced Alphabet (GOOGL) while increasing AON plc (AON).
• The top three positions are Berkshire Hathaway (BRK.A), Alphabet (GOOG), and Meta Platforms (META). They add up to ~17% of the portfolio.

This article is part of a series that provides an ongoing analysis of the changes made to Wallace Weitz’s 13F portfolio on a quarterly basis. It is based on Weitz’s regulatory 13F Form filed on 08/13/2024. Please visit our Tracking Wallace Weitz’s Weitz Investment Management Portfolio article for an idea on his investment philosophy and our last update for the fund’s moves during Q1 2024.

 

This quarter, Weitz’s 13F portfolio value decreased from $1.98B to $1.91B. The top three positions are at ~17% while the top five holdings are at ~27% of the 13F assets. The largest stake is Berkshire Hathaway (BRK.B) at ~7% of the portfolio. Weitz Investment Management’s equity funds are Weitz Partners Value Fund (WPVLX), Weitz Value Fund (WVALX), Weitz Partners III Opportunity Fund (WPOIX), and Weitz Hickory Fund (WEHIX). 

To learn about individual investing, check out the classics The Intelligent Investor and Security Analysis.

 

The spreadsheet below highlights changes to Weitz’s 13F stock holdings in Q2 2024:

 

Source: John Vincent. Data constructed from Weitz Investment Management's 13F filings for Q1 2024 and Q2 2024.

Tracking Wallace Weitz’s Weitz Investment Management Portfolio – Q1 2024 Update

 

• Wallace Weitz's 13F portfolio value increased from $1.90B to $1.98B this quarter.
• Weitz Investment Management reduced Alphabet (GOOGL) and Meta Platforms (META) during the quarter.
• The top three positions are Berkshire Hathaway (BRK.A), Alphabet (GOOG), and Visa (V). They add up to ~18% of the portfolio.

 

This article is part of a series that provides an ongoing analysis of the changes made to Wallace Weitz’s 13F portfolio on a quarterly basis. It is based on Weitz’s regulatory 13F Form filed on 5/13/2024. Please visit our Tracking Wallace Weitz’s Weitz Investment Management Portfolio article for an idea on his investment philosophy and our last update for the fund’s moves during Q4 2023.

 This quarter, Weitz’s 13F portfolio value increased from $1.90B to $1.98B. The top three positions are at ~18% while the top five holdings are at ~28% of the 13F assets. The largest stake is Berkshire Hathaway (BRK.B) at ~7% of the portfolio. Weitz Investment Management’s equity funds are Weitz Partners Value Fund (WPVLX), Weitz Value Fund (WVALX), Weitz Partners III Opportunity Fund (WPOIX), and Weitz Hickory Fund (WEHIX). 

The spreadsheet below highlights changes to Weitz’s 13F stock holdings in Q1 2024:

 

Source: John Vincent. Data constructed from Weitz Investment Management's 13F filings for Q4 2023 and Q1 2024.

Tracking Wallace Weitz’s Weitz Investment Management Portfolio – Q4 2023 Update

• Wallace Weitz's 13F portfolio value increased from $1.82B to $1.90B this quarter. 
• Weitz Investment Management trimmed Alphabet (GOOGL) and Amazon.com (AMZN) during the quarter. 
• The top three positions are Berkshire Hathaway (BRK.A), Alphabet (GOOG), and Visa (V). They add up to ~18% of the portfolio. 

 This article is part of a series that provides an ongoing analysis of the changes made to Wallace Weitz’s 13F portfolio on a quarterly basis. It is based on Weitz’s regulatory 13F Form filed on 2/12/2024. Please visit our Tracking Wallace Weitz’s Weitz Investment Management Portfolio article for an idea on his investment philosophy and our last update for the fund’s moves during Q3 2023.

 

This quarter, Weitz’s 13F portfolio value increased from $1.82B to $1.90B. The top three positions are at ~18% while the top five holdings are at ~27% of the 13F assets. The largest stake is Berkshire Hathaway (BRK.B) at 6.66% of the portfolio. Weitz Investment Management’s equity funds are Weitz Partners Value Fund (WPVLX), Weitz Value Fund (WVALX), Weitz Partners III Opportunity Fund (WPOIX), and Weitz Hickory Fund (WEHIX). 

 

 

The spreadsheet below highlights changes to Weitz’s 13F stock holdings in Q4 2023:

 

 

 

Source: John Vincent. Data constructed from Weitz Investment Management's 13F filings for Q3 2023 and Q4 2023.

Tracking Wallace Weitz’s Weitz Investment Management Portfolio – Q3 2023 Update

• Wallace Weitz's 13F portfolio value decreased from $1.88B to $1.82B this quarter. 
• Weitz Investment Management added Equifax (EFX) and Microchip (MCHP) while decreasing Markel (MKL) and Fidelity National Information Services (FIS). 
• The top three positions are Alphabet (GOOG), Berkshire Hathaway (BRK.A), and Visa (V). They add up to ~19% of the portfolio. 

This article is part of a series that provides an ongoing analysis of the changes made to Wallace Weitz’s 13F portfolio on a quarterly basis. It is based on Weitz’s regulatory 13F Form filed on 11/13/2023. Please visit our Tracking Wallace Weitz’s Weitz Investment Management Portfolio article for an idea on his investment philosophy and our last update for the fund’s moves during Q2 2023.

 

This quarter, Weitz’s 13F portfolio value decreased from $1.88B to $1.82B.The top three positions are at ~19% while the top five holdings are at ~28% of the 13F assets. The largest stake is Alphabet (GOOG)  at 7.13% of the portfolio. Weitz Investment Management’s equity funds are Weitz Partners Value Fund (WPVLX), Weitz Value Fund (WVALX), Weitz Partners III Opportunity Fund (WPOIX), and Weitz Hickory Fund (WEHIX). 

 

 

The spreadsheet below highlights changes to Weitz’s 13F stock holdings in Q3 2023:

 

 

 

Source: John Vincent. Data constructed from Weitz Investment Management's 13F filings for Q2 2023 and Q3 2023.

Tracking Wallace Weitz’s Weitz Investment Management Portfolio – Q2 2023 Update

• Wallace Weitz's 13F portfolio value increased from $1.74B to $1.88B this quarter. 
• Weitz Investment Management increased Danaher (DHR), Thermo Fisher Scientific (TMO), and Fidelity National Information Services (FIS) while decreasing Meta Platforms (META) and Oracle (ORCL). 
• The top three positions are Berkshire Hathaway (BRK.A), Alphabet (GOOG), and CoStar Group (CSGP). They add up to ~18% of the portfolio. 

This article is part of a series that provides an ongoing analysis of the changes made to Wallace Weitz’s 13F portfolio on a quarterly basis. It is based on Weitz’s regulatory 13F Form filed on 8/10/2023. Please visit our Tracking Wallace Weitz’s Weitz Investment Management Portfolio article for an idea on his investment philosophy and our last update for the fund’s moves during Q1 2023.

 

This quarter, Weitz’s 13F portfolio value increased from $1.74B to $1.88B. The number of holdings decreased from 54 to 51. The top three positions are at ~18% while the top five holdings are at ~27% of the 13F assets. The largest stake is Berkshire Hathaway (BRK.A) at 6.76% of the portfolio. Weitz Investment Management’s equity funds are Weitz Partners Value Fund (WPVLX), Weitz Value Fund (WVALX), Weitz Partners III Opportunity Fund (WPOIX), and Weitz Hickory Fund (WEHIX). 

 

 

The spreadsheet below highlights changes to Weitz’s 13F stock holdings in Q2 2023:

 

 

 

Source: John Vincent. Data constructed from Weitz Investment Management's 13F filings for Q1 2023 and Q2 2023.

 

Tracking Wallace Weitz’s Weitz Investment Management Portfolio – Q1 2023 Update

•  Wallace Weitz's 13F portfolio value decreased from $1.76B to $1.74B this quarter. 
• Weitz Investment Management decreased Meta Platforms and dropped Liberty Global and Charles Schwab this quarter. 
• The top three positions are Alphabet, Berkshire Hathaway, and Meta Platforms. They add up to ~19% of the portfolio. 

This article is part of a series that provides an ongoing analysis of the changes made to Wallace Weitz’s 13F portfolio on a quarterly basis. It is based on Weitz’s regulatory 13F Form filed on 5/12/2023. Please visit our Tracking Wallace Weitz’s Weitz Investment Management Portfolio article for an idea on his investment philosophy and our last update for the fund’s moves during Q4 2022.

 

This quarter, Weitz’s 13F portfolio value decreased from $1.76B to $1.74B. The number of holdings decreased from 58 to 54. The top three positions are at ~19% while the top five holdings are at ~27% of the 13F assets. The largest stake is Alphabet at 6.84% of the portfolio.

 

Weitz Investment Management’s equity funds are Weitz Partners Value Fund (WPVLX), Weitz Value Fund (WVALX), Weitz Partners III Opportunity Fund (WPOIX), and Weitz Hickory Fund (WEHIX).  The flagship Weitz Partners Value Fund (1983 inception) is currently behind the S&P 500 index since inception: 9.94% annualized return compared to 10.28% for the S&P 500 index. The current cash allocation is just ~2%: this is far below the ~18% average cash over the last decade.

 

 

The spreadsheet below highlights changes to Weitz’s 13F stock holdings in Q1 2023:

 

 

 

Source: John Vincent. Data constructed from Weitz Investment Management's 13F filings for Q4 2022 and Q1 2023.

 

Tracking Wallace Weitz's Weitz Investment Management Portfolio - Q1 2016 Update

Below is a spreadsheet that highlights Wallace Weitz's moves this quarter. Please check-out our SeekingAlpha column for an analysis of the moves:

 To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.

Tracking Wallace Weitz's Weitz Investment Management Portfolio - Q4 2015 Update

Below is a spreadsheet that highlights Wallace Weitz's moves this quarter. Please check-out our SeekingAlpha column for an analysis of the moves:

 To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.

Tracking Wallace Weitz's Weitz Investment Management Portfolio - Q3 2015 Update

Below is a spreadsheet that highlights Wallace Weitz's moves this quarter. Please check-out our SeekingAlpha column for an analysis of the moves:

 To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.

Tracking Wallace Weitz's Weitz Investment Managent Holdings - Q2 2015 Update

Below is a spreadsheet that highlights Wallace Weitz's moves this quarter. Please check-out our SeekingAlpha column for an analysis of the moves:

To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy. 

Tracking Wallace Weitz's Weitz Investment Managent Holdings - Q1 2015 Update

Below is a spreadsheet that highlights Wallace Weitz's moves this quarter. Please check-out our SeekingAlpha column for an analysis of the moves:

To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.

Tracking Wallace Weitz's Weitz Investment Managent Holdings - Q4 2014 Update

Below is a spreadsheet that highlights the changes to Wallace R. Weitz's Weitz Investment Management US long stock portfolio as of Q4 2014. Please check out our previous update to have an idea on how the portfolio is progressing:

To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.

Tracking Wallace Weitz's Weitz Investment Managent Holdings - Q3 2014 Update

Below is a spreadsheet that highlights the changes to Wallace R. Weitz's Weitz Investment Management US long stock portfolio as of Q3 2014. Please check out our previous update to have an idea on how the portfolio is progressing:

To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.

Tracking Wallace Weitz's Weitz Investment Managent Holdings - Q2 2014 Update

Below is a spreadsheet that highlights the changes to Wallace R. Weitz's Weitz Investment Management US long stock portfolio as of Q2 2014. Please check out our previous update to have an idea on how the portfolio is progressing:

To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.

Tracking Wallace Weitz's Weitz Investment Managent Holdings - Q1 2014 Update

Below is a spreadsheet that highlights the changes to Wallace R. Weitz's Weitz Investment Management US long stock portfolio as of Q1 2014. Please check out our previous update to have an idea on how the portfolio is progressing:

To know more about Weitz's bottom-up value investing philosophy, check-out the book "Value Investing: From Graham to Buffett and Beyond".

To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.

Tracking Wallace Weitz's Weitz Investment Managent Holdings - Q4 2013 Update

Below is a spreadsheet that highlights the changes to Wallace R. Weitz's Weitz Investment Management US long stock portfolio as of Q4 2013:

To know more about Weitz's bottom-up value investing philosophy, check-out the book "Value Investing: From Graham to Buffett and Beyond". To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.