# Covey Capital Advisors, LLC

> Institutional holdings reported to the SEC as of Q2 2025 on Form 13F. CIK 1568891. Source: https://holderbook.com/funds/1568891-covey-capital-advisors-llc/

- Reported value: $92.9M
- Positions: 42
- Weight of the ten largest: 62.9%
- Filed: 2025-08-04

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $9.5M | 19,579 | 10.2% | 27 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $9.0M | 67,964 | 9.7% | 13 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $8.2M | 23,222 | 8.9% | 27 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $6.5M | 1,117 | 7.0% | 27 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $5.4M | 20,104 | 5.8% | 20 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $4.9M | 6,573 | 5.2% | 27 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $4.0M | 22,718 | 4.3% | 27 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.8M | 17,104 | 4.0% | 9 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $3.7M | 20,858 | 4.0% | 27 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $3.5M | 72,226 | 3.8% | 26 |
| BROWN & BROWN INC | [BRO](https://holderbook.com/stocks/BRO/) | $2.8M | 25,115 | 3.0% | 15 |
| GARTNER INC | [IT](https://holderbook.com/stocks/IT/) | $2.2M | 5,355 | 2.3% | 27 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $2.1M | 12,123 | 2.2% | 6 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $2.0M | 21,713 | 2.1% | 27 |
| FIRST CTZNS BANCSHARES INC D | [FCNCA](https://holderbook.com/stocks/FCNCA/) | $1.9M | 985 | 2.1% | 5 |
| HILTON GRAND VACATIONS INC | [HGV](https://holderbook.com/stocks/HGV/) | $1.9M | 44,774 | 2.0% | 6 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.5M | 8,162 | 1.6% | 4 |
| WORKDAY INC | [WDAY](https://holderbook.com/stocks/WDAY/) | $1.3M | 5,520 | 1.4% | 1 |
| MEDPACE HLDGS INC | [MEDP](https://holderbook.com/stocks/MEDP/) | $1.3M | 4,160 | 1.4% | 2 |
| KINSALE CAP GROUP INC | [KNSL](https://holderbook.com/stocks/KNSL/) | $1.3M | 2,688 | 1.4% | 3 |
| DRIVEN BRANDS HLDGS INC | [DRVN](https://holderbook.com/stocks/DRVN/) | $1.3M | 73,645 | 1.4% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.2M | 2,450 | 1.3% | 18 |
| AMRIZE LTD | [AMRZ](https://holderbook.com/stocks/AMRZ/) | $1.2M | 23,726 | 1.3% | 1 |
| NATURAL RESOURCE PARTNERS LP | [NRP](https://holderbook.com/stocks/NRP/) | $1.1M | 12,020 | 1.2% | 6 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $1.0M | 31,133 | 1.1% | 14 |
| NVR INC | [NVR](https://holderbook.com/stocks/NVR/) | $1.0M | 137 | 1.1% | 21 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $882.8K | 4,469 | 1.0% | 8 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $859.0K | 4,187 | 0.9% | 18 |
| MORNINGSTAR INC | [MORN](https://holderbook.com/stocks/MORN/) | $817.5K | 2,604 | 0.9% | 15 |
| TALEN ENERGY CORP | [TLN](https://holderbook.com/stocks/TLN/) | $731.9K | 2,517 | 0.8% | 5 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $710.3K | 2,450 | 0.8% | 18 |
| SMITH DOUGLAS HOMES CORP | [SDHC](https://holderbook.com/stocks/SDHC/) | $704.9K | 36,300 | 0.8% | 1 |
| AAON INC | [AAON](https://holderbook.com/stocks/AAON/) | $676.3K | 9,170 | 0.7% | 1 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $641.9K | 7,571 | 0.7% | 12 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $611.2K | 4,929 | 0.7% | 27 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $586.4K | 3,920 | 0.6% | 18 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $436.9K | 5,879 | 0.5% | 27 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $421.0K | 1,226 | 0.5% | 18 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $413.0K | 735 | 0.4% | 18 |
| DISTRIBUTION SOLUTIONS GRP I | [DSGR](https://holderbook.com/stocks/DSGR/) | $381.4K | 13,886 | 0.4% | 6 |
| EA SERIES TRUST | [DRLL](https://holderbook.com/stocks/DRLL/) | $271.4K | 10,000 | 0.3% | 12 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $198.7K | 490 | 0.2% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2025 | +4.3% | +10.5% | -6.2% | 100% |
| Q1 2025 | -2.2% | -4.6% | +2.3% | 100% |
| Q4 2024 | +6.3% | +2.1% | +4.1% | 100% |
| Q3 2024 | +8.8% | +5.4% | +3.4% | 100% |
| Q2 2024 | +0.7% | +4.0% | -3.4% | 100% |
| Q1 2024 | +13.2% | +10.0% | +3.1% | 100% |
| Q4 2023 | +12.7% | +11.2% | +1.5% | 100% |
| Q3 2023 | +1.8% | -3.6% | +5.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2025 | $92.9M | 42 |
| Q1 2025 | $86.8M | 38 |
| Q4 2024 | $88.0M | 35 |
| Q3 2024 | $90.6M | 36 |
| Q2 2024 | $86.7M | 38 |
| Q1 2024 | $82.8M | 36 |
| Q4 2023 | $78.8M | 35 |
| Q3 2023 | $70.5M | 35 |
| Q2 2023 | $69.0M | 33 |
| Q1 2023 | $62.7M | 30 |
| Q4 2022 | $61.4M | 30 |
| Q3 2022 | $58.9M | 31 |