13F filing recap · Q2 2026

What did Brave Warrior Advisors buy in Q2 2026?

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

Stock value

$4.59B

Positions

Estimated turnover

24.7%

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 a position in Arthur J. Gallagher & Co., along with smaller new stakes in S&P Global, Nu Holdings, Texas Instruments, Analog Devices, Visa, and UnitedHealth Group. The firm exited Apollo Global Management, Ares Management, and First American Financial. It substantially trimmed TD Synnex and F&G Annuities & Life, moderately reduced Elevance Health and Millrose Properties, and added to Ryanair Holdings. The firm also sharply increased its HCA Healthcare, Microsoft, and Mastercard positions.

New positions

AJGArthur J. Gallagher & Co.$295.00Mreported value+1.29M shares SPGIS&P Global Inc.$570.6Kreported value+1.4K shares NUNu Holdings Ltd.$534.4Kreported value+40.0K shares TXNTexas Instruments Incorporated$301.1Kreported value+1.0K shares

Increased positions

ICLRICON PLC$547.76Mreported value+156.5K shares+5.2%RYAAYRyanair Holdings Plc$256.32Mreported value+919.3K shares+30.2%HCAHCA Healthcare, Inc.$1.88Mreported value+3.5K shares+262.6%MSFTMicrosoft Corporation$1.59Mreported value+2.3K shares

Reduced positions

OMFOnemain Holdings, Inc.$462.47Mreported value-118.2K shares-1.5%SNXTD Synnex Corporation$385.41Mreported value-1.61M shares-52.8%ELVElevance Health, Inc.$377.79Mreported value-145.4K shares-13.0%SLMSlm Corp$347.11Mreported value-203.2K shares

Exited positions

ARESAres Management Corporation$545.5Kprior reported value-5.0K shares-100.0%APOApollo Global Management, Inc.$501.4Kprior reported value-4.5K shares-100.0%FAFFirst American Financial Corporation$301.4Kprior reported value-5.0K shares-100.0%