13F filing recap · Q1 2014

What did Weitz Investment Management buy in Q1 2014?

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

Stock value

$3.13B

Positions

Estimated turnover

20.8%

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

ENDPEndo International Plc$34.39Mreported value+500.9K shares PXDPioneer Natural Resources Co$13.54Mreported value+72.4K shares EBAYEbay Inc.$11.11Mreported value+201.1K shares WAIRWesco Aircraft Holdings Inc$5.04Mreported value+229.2K shares ALSNAllison Transmission Holdings, Inc.$449.0Kreported value+15.0K shares

Increased positions

LBTYKLiberty Global Ltd.$159.52Mreported value+2.20M shares+127.5%BRK.BBerkshire Hathaway Inc$153.59Mreported value+110.1K shares+9.8%QRTEALiberty Ventures Series A$146.10Mreported value+138.4K shares+2.8%LMCALiberty Media Corporation$143.15Mreported value+515.3K shares

Reduced positions

VRXValeant Pharmaceuticals International, Inc.$210.60Mreported value-251.7K shares-13.6%DTVDirectv$155.29Mreported value-1.8K shares-0.1%WFCWells Fargo & Company/mn$122.11Mreported value-29.5K shares-1.2%RWTRedwood Trust Inc$120.03Mreported value-204.6K shares

Exited positions

SWNSouthwestern Energy Co$37.58Mprior reported value-955.4K shares-100.0%ENDPEndo Health Solutions Inc$30.08Mprior reported value-445.9K shares-100.0%CMPCompass Minerals International, Inc.$6.80Mprior reported value-85.0K shares-100.0%CVSCVS Health Corp$716.0Kprior reported value