# Venator Management LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1838211. Source: https://holderbook.com/funds/1838211-venator-management-llc/

- Reported value: $444.0M
- Positions: 27
- Weight of the ten largest: 84.0%
- Filed: 2026-08-13

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 |
|---|---|---|---|---|---|
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $79.6M | 225,195 | 17.9% | 23 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $54.8M | 230,042 | 12.3% | 21 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $53.1M | 154,760 | 12.0% | 23 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $50.4M | 141,099 | 11.4% | 23 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $29.9M | 418,675 | 6.7% | 18 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $24.6M | 340,225 | 5.5% | 23 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $23.9M | 91,408 | 5.4% | 2 |
| THE BALDWIN INSURANCE GRP IN | [BWIN](https://holderbook.com/stocks/BWIN/) | $20.6M | 773,345 | 4.6% | 23 |
| NVR INC | [NVR](https://holderbook.com/stocks/NVR/) | $19.9M | 2,916 | 4.5% | 23 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $16.5M | 50,267 | 3.7% | 23 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $14.6M | 25,999 | 3.3% | 23 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $12.7M | 63,365 | 2.9% | 12 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $9.1M | 18,141 | 2.0% | 23 |
| TITAN AMER SA | [TTAM](https://holderbook.com/stocks/TTAM/) | $8.4M | 452,810 | 1.9% | 6 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $6.4M | 129,660 | 1.4% | 3 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $4.6M | 11,221 | 1.0% | 2 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $3.0M | 29,000 | 0.7% | 8 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $2.5M | 6,065 | 0.6% | 5 |
| COOPER COS INC | [COO](https://holderbook.com/stocks/COO/) | $2.3M | 32,500 | 0.5% | 1 |
| DECKERS OUTDOOR CORP | [DECK](https://holderbook.com/stocks/DECK/) | $2.0M | 20,000 | 0.4% | 3 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $1.7M | 4,480 | 0.4% | 4 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $1.5M | 2 | 0.3% | 6 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $729.6K | 4,350 | 0.2% | 23 |
| WELLS FARGO & CO | [WFCPRL](https://holderbook.com/stocks/WFCPRL/) | $636.4K | 550 | 0.1% | 3 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $300.0K | 1,800 | 0.1% | 3 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $229.6K | 1,000 | 0.1% | 1 |
| BROWN & BROWN INC | [BRO](https://holderbook.com/stocks/BRO/) | $205.3K | 3,200 | 0.0% | 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 2026 | +8.8% | +14.8% | -6.0% | 100% |
| Q1 2026 | -9.4% | -4.6% | -4.8% | 100% |
| Q4 2025 | +2.8% | +2.4% | +0.4% | 100% |
| Q3 2025 | +3.4% | +7.8% | -4.4% | 100% |
| Q2 2025 | +13.5% | +10.5% | +3.1% | 100% |
| Q1 2025 | -1.6% | -4.6% | +2.9% | 100% |
| Q4 2024 | +2.0% | +2.1% | -0.2% | 100% |
| Q3 2024 | +7.3% | +5.4% | +1.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $444.0M | 27 |
| Q1 2026 | $415.9M | 28 |
| Q4 2025 | $443.6M | 27 |
| Q3 2025 | $419.6M | 25 |
| Q2 2025 | $386.7M | 23 |
| Q1 2025 | $335.2M | 22 |
| Q4 2024 | $347.2M | 24 |
| Q3 2024 | $345.4M | 23 |
| Q2 2024 | $330.7M | 25 |
| Q1 2024 | $337.9M | 28 |
| Q4 2023 | $302.8M | 31 |
| Q3 2023 | $270.9M | 26 |