13F filing recap · Q2 2025

What did Brave Warrior Advisors buy in Q2 2025?

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

Stock value

$4.36B

Positions

Estimated turnover

24.0%

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.

Quarter in review

Brave Warrior Advisors opened new positions in US Bancorp, Meta Platforms, and Texas Instruments, while exiting Ally Financial, Discover Financial Services, and Lithia Motors. The firm dramatically increased its Capital One Financial stake and substantially added to Builders Firstsource. It also moderately trimmed Elevance Health and slightly reduced TD Synnex.

New positions

USBUS Bancorp$678.8Kreported value+15.0K shares METAMeta Platforms, Inc.$249.5Kreported value+338 shares TXNTexas Instruments Incorporated$209.7Kreported value+1.0K shares

Increased positions

OMFOnemain Holdings, Inc.$448.59Mreported value+526.4K shares+7.2%COFCapital One Financial Corp$389.99Mreported value+1.20M shares+190.2%SLMSlm Corp$345.64Mreported value+1.09M shares+11.5%ANAutonation, Inc.$241.26Mreported value+84.5K shares

Reduced positions

SNXTD Synnex Corporation$511.39Mreported value-307.9K shares-7.6%ELVElevance Health, Inc.$431.61Mreported value-467.9K shares-29.7%RYAAYRyanair Holdings Plc$310.21Mreported value-97.8K shares-1.8%LENLennar Corp /new/$238.60Mreported value-32.5K shares

Exited positions

DFSDiscover Financial Services$274.64Mprior reported value-1.61M shares-100.0%LADLithia Motors, Inc.$112.10Mprior reported value-381.9K shares-100.0%ALLYAlly Financial Inc.$364.7Kprior reported value-10.0K shares-100.0%