13F filing recap · Q4 2021

What did Brave Warrior Advisors buy in Q4 2021?

Reported stock-position changes between this filing and the previous one.

Stock value

$3.14B

Positions

Estimated turnover

7.4%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

MAMastercard Inc$204.0Kreported value+569 shares

Increased positions

PRIPrimerica, Inc.$295.68Mreported value+27.6K shares+1.5%APOApollo Global Management, Inc.$242.36Mreported value+839.1K shares+33.5%ATHAthene Holding Ltd$45.53Mreported value+116.0K shares+27.0%

Reduced positions

ELVElevance Health, Inc.$633.10Mreported value-5.5K shares-0.4%FNFFidelity National Financial, Inc.$450.83Mreported value-152.4K shares-1.7%VVVValvoline Inc.$279.51Mreported value-122.4K shares-1.6%JPMJPMorgan Chase & Co$236.73Mreported value-177.1K shares

Exited positions

SCHWSchwab Charles Corp$51.57Mprior reported value-707.9K shares-100.0%METAMeta Platforms, Inc.$423.0Kprior reported value-1.2K shares-100.0%