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.