13F filing recap · Q3 2014

What did Weitz Investment Management buy in Q3 2014?

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

Stock value

$3.40B

Positions

Estimated turnover

16.3%

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

LMCKLiberty Media Corporation$144.76Mreported value+3.08M shares PCPPrecision Castparts Corp$30.21Mreported value+127.5K shares DISCKDiscovery, Inc.$23.45Mreported value+629.1K shares LTRPALiberty Tripadvisor Holdings, Inc.$14.58Mreported value+430.0K shares POSTPost Holdings, Inc.$8.06Mreported value+243.0K shares MNRUSDMonmouth Real Estate Investment Corporation$69.0Kreported value+6.8K shares

Increased positions

VRXValeant Pharmaceuticals International, Inc.$221.93Mreported value+140.4K shares+9.1%LBTYKLiberty Global Ltd.$203.36Mreported value+735.0K shares+17.4%BRK.BBerkshire Hathaway Inc$196.04Mreported value+36.5K shares+2.6%QRTEALiberty Ventures Series A$148.82Mreported value

Reduced positions

DTVDirectv$140.54Mreported value-56.7K shares-3.4%WFCWells Fargo & Company/mn$118.86Mreported value-44.0K shares-1.9%TDGTransdigm Group Incorporated$108.88Mreported value-7.2K shares-1.2%LHLabcorp Holdings Inc.$100.62Mreported value-10.9K shares

Exited positions

TGTTarget Corporation$14.78Mprior reported value-255.1K shares-100.0%USBUS Bancorp$650.0Kprior reported value-15.0K shares-100.0%AAPLApple Inc.$390.0Kprior reported value-4.2K shares-100.0%