Institutional Manager · CIK 0001695426
Courant Investment Management LLC
FRANKLIN, TN · File #028-17678
Latest AUM
$110.6M
Positions
6
Top-10 Concentration
100.0%
Filings
9
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 |
|---|---|---|---|---|---|
| EXITED | CARMAX INC | 143130102 | -247,520 | -$11.1M | $0 |
| ADD | FISERV INC | FISV | +105,000 | +$7.1M | -$5.2M |
| REDUCE | JPMORGAN CHASE & CO | VYLD | -11,200 | -$3.6M | +$644,350 |
| REDUCE | ULTA BEAUTY INC COM | ULTA | -3,000 | -$1.8M | +$1.5M |
| REDUCE | SCHWAB CHARLES CORP | SCHW-PJ | -15,000 | -$1.5M | +$881,335 |
| REDUCE | LOWES COMPANIES INC | 548661107 | 0 | $0 | -$507,500 |
| REDUCE | PROGRESSIVE CORP | 743315103 | 0 | $0 | -$2.2M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20256 pos · $110.6M
- 13F HOLDINGS REPORTQ/E Sep 20257 pos · $126.5M
- 13F HOLDINGS REPORTQ/E Jun 20258 pos · $123.5M
- 13F HOLDINGS REPORTQ/E Mar 20258 pos · $119.4M
- 13F HOLDINGS REPORTQ/E Dec 20248 pos · $118.2M
- 13F HOLDINGS REPORTQ/E Sep 20249 pos · $119.0M
- 13F HOLDINGS REPORTQ/E Jun 20249 pos · $106.6M
- 13F HOLDINGS REPORTQ/E Mar 20249 pos · $120.3M
- 13F HOLDINGS REPORTQ/E Dec 20238 pos · $90.6M
Top 6 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | JPMORGAN CHASE & CO | VYLD | 83,697 | $27.0M | 24.38% |
| 2 | PROGRESSIVE CORP | 743315103 | 116,170 | $26.5M | 23.92% |
| 3 | SCHWAB CHARLES CORP | SCHW-PJ | 183,499 | $18.3M | 16.58% |
| 4 | ULTA BEAUTY INC COM | ULTA | 23,173 | $14.0M | 12.68% |
| 5 | FISERV INC | FISV | 190,000 | $12.8M | 11.54% |
| 6 | LOWES COMPANIES INC | 548661107 | 50,000 | $12.1M | 10.90% |