Institutional Manager · CIK 0001553733

Brave Warrior Advisors, LLC

New York, NY · File #028-14996

Latest AUM

$4.27B

Positions

Top-10 Concentration

78.2%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
REDUCE	ELEVANCE HEALTH INC FORMERLY	ELV	-582,199	-$204.1M	+$50.3M
ADD	MILLROSE PPTYS INC	601137102	+3,224,632	+$96.3M	-$20.1M
REDUCE	RYANAIR HOLDINGS PLC	RYAOF	-1,027,548	-$74.2M	+$48.9M
ADD	AUTONATION INC	AN	+338,698	+$69.9M	-$14.9M
EXITED	KINETIK HOLDINGS INC	02215L209	-1,608,928	-$68.8M	$0
ADD	BUILDERS FIRSTSOURCE INC	BLDR	+573,764	+$59.0M	-$33.1M
ADD	LENNAR CORP	LEN-B	+405,908	+$41.7M	-$46.6M
ADD	SLM CORP	SLMBP	+1,172,547	+$31.7M	-$7.2M
REDUCE	TD SYNNEX CORPORATION	SNX	-112,054	-$16.8M	-$44.3M
ADD	CAPITAL ONE FINL CORP	14040H105	+44,132	+$10.7M	+$28.7M

Sector Allocation

Financials

21.5%$917.4M

Technology

11.1%$475.5M

Healthcare

10.3%$440.7M

Consumer Discretionary

7.5%$320.9M

Industrials

5.7%$244.8M

Energy

0.8%$32.9M

Communication Services

0.0%$223,110

Filing History

Feb 17, 202613F HOLDINGS REPORTQ/E Dec 202533 pos · $4.27B
Nov 14, 202513F HOLDINGS REPORTQ/E Sep 202533 pos · $4.31B
Aug 14, 202513F HOLDINGS REPORTQ/E Jun 202535 pos · $4.36B
May 15, 202513F HOLDINGS REPORTQ/E Mar 202535 pos · $4.37B
Feb 14, 202513F HOLDINGS REPORTQ/E Dec 202430 pos · $4.02B
Nov 14, 202413F HOLDINGS REPORTQ/E Sep 202432 pos · $4.82B
Aug 14, 202413F HOLDINGS REPORTQ/E Jun 202427 pos · $4.51B
May 15, 202413F HOLDINGS REPORTQ/E Mar 202429 pos · $4.78B
Nov 14, 202313F HOLDINGS REPORTQ/E Dec 202334 pos · $4.01B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ONEMAIN HLDGS INC	OMF	7,739,293	$522.8M	12.25%
2	TD SYNNEX CORPORATION	SNX	3,163,239	$475.2M	11.13%
3	ELEVANCE HEALTH INC FORMERLY	ELV	1,251,803	$438.8M	10.28%
4	SLM CORP	SLMBP	12,831,965	$347.2M	8.13%
5	AUTONATION INC	AN	1,552,741	$320.6M	7.51%
6	MILLROSE PPTYS INC	601137102	8,600,224	$256.9M	6.02%
7	LENNAR CORP	LEN-B	2,411,414	$247.9M	5.81%
8	BUILDERS FIRSTSOURCE INC	BLDR	2,379,145	$244.8M	5.73%
9	CAPITAL ONE FINL CORP	14040H105	1,008,862	$244.5M	5.73%
10	MPLX LP	MPLXP	4,474,115	$238.8M	5.59%
11	RYANAIR HOLDINGS PLC	RYAOF	3,056,698	$220.7M	5.17%
12	PRIMERICA INC	PRI	780,125	$201.6M	4.72%
13	FIDELITY NATIONAL FINANCIAL	FNF	3,519,089	$192.1M	4.50%
14	F&G ANNUITIES & LIFE INC	FGSN	5,377,029	$165.9M	3.89%
15	D R HORTON INC	23331A109	701,822	$101.1M	2.37%
16	ANTERO MIDSTREAM CORP	AM	1,847,972	$32.9M	0.77%
17	ALPHABET INC	GOOG	20,258	$6.3M	0.15%
18	HCA HEALTHCARE INC	HCA	3,923	$1.8M	0.04%
19	JPMORGAN CHASE & CO.	VYLD	5,643	$1.8M	0.04%
20	BANK AMERICA CORP	060505104	26,532	$1.5M	0.03%