Venator Management LLC
Reported holdings as of Q2 2026, from 23 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| ALPHABET INC | GOOG | $79.6M | 225,195 | +2.42pp | 23q | HELD | |
| AMAZON COM INC | AMZN | $54.8M | 230,042 | +0.67pp | 21q | -1.3%-$748.4K | |
| VISA INC | V | $53.1M | 154,760 | +1.12pp | 23q | +3.8%+$1.9M | |
| ALPHABET INC | GOOGL | $50.4M | 141,099 | +1.62pp | 23q | HELD | |
| NETFLIX INC | NFLX | $29.9M | 418,675 | -2.20pp | 18q | +8.3%+$2.3M | |
| UBER TECHNOLOGIES INC | UBER | $24.6M | 340,225 | -0.32pp | 23q | +0.6%+$147.6K | |
| INTUIT | INTU | $23.9M | 91,408 | +1.32pp | 2q | +134.8%+$13.7M | |
| THE BALDWIN INSURANCE GRP IN | BWIN | $20.6M | 773,345 | +0.55pp | 23q | HELD | |
| NVR INC | NVR | $19.9M | 2,916 | -0.11pp | 23q | +0.8%+$163.5K | |
| JPMORGAN CHASE & CO | JPM | $16.5M | 50,267 | +0.15pp | 23q | HELD | |
| META PLATFORMS INC | META | $14.6M | 25,999 | -0.75pp | 23q | -11.7%-$1.9M | |
| CAPITAL ONE FINL CORP | COF | $12.7M | 63,365 | -0.47pp | 12q | -16.6%-$2.5M | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $9.1M | 18,141 | -0.04pp | 23q | HELD | |
| TITAN AMER SA | TTAM | $8.4M | 452,810 | -0.03pp | 6q | -15.4%-$1.5M | |
| FISERV INC | FISV | $6.4M | 129,660 | -0.75pp | 3q | -20.4%-$1.6M | |
| S&P GLOBAL INC | SPGI | $4.6M | 11,221 | +0.77pp | 2q | +348.8%+$3.6M | |
| STARBUCKS CORP | SBUX | $3.0M | 29,000 | -1.14pp | 8q | -65.4%-$5.6M | |
| UNITEDHEALTH GROUP INC | UNH | $2.5M | 6,065 | -0.92pp | 5q | -73.5%-$7.0M | |
| COOPER COS INC | COO | $2.3M | 32,500 | - | new | NEW | |
| DECKERS OUTDOOR CORP | DECK | $2.0M | 20,000 | -0.09pp | 3q | -11.1%-$248.2K | |
| ELEVANCE HEALTH INC FORMERLY | ELV | $1.7M | 4,480 | -1.06pp | 4q | -78.2%-$6.2M | |
| BERKSHIRE HATHAWAY INC DEL | BRKA | $1.5M | 2 | -0.01pp | 6q | HELD | |
| T-MOBILE US INC | TMUS | $729.6K | 4,350 | -0.07pp | 23q | -5.4%-$41.9K | |
| WELLS FARGO & CO | WFCPRL | $636.4K | 550 | -0.01pp | 3q | HELD | |
| MARSH & MCLENNAN COS INC | MRSH | $300.0K | 1,800 | -0.06pp | 3q | -40.0%-$200.0K | |
| GALLAGHER ARTHUR J & CO | AJG | $229.6K | 1,000 | - | new | NEW | |
| BROWN & BROWN INC | BRO | $205.3K | 3,200 | flat | 2q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Software & IT Services | $168.5M | 37.9% |
| Business Services | $88.6M | 19.9% |
| Retail & Consumer | $57.8M | 13.0% |
| Insurance | $36.1M | 8.1% |
| Telecom & Media | $30.6M | 6.9% |
| Banks & Lending | $29.2M | 6.6% |
| Construction & Building | $19.9M | 4.5% |
| Mining & Metals | $8.4M | 1.9% |
| Other sectors | $4.3M | 1.0% |
| Not classified | $636.4K | 0.1% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $444.0M | 27 | 2 | 6 | 11 | 3 | 84.0% | 44 |
| Q1 2026 | $415.9M | 28 | 4 | 8 | 12 | 3 | 79.3% | 44 |
| Q4 2025 | $443.6M | 27 | 5 | 8 | 11 | 3 | 80.8% | 43 |
| Q3 2025 | $419.6M | 25 | 3 | 11 | 7 | 1 | 81.9% | 45 |
| Q2 2025 | $386.7M | 23 | 3 | 8 | 6 | 2 | 85.1% | 43 |
| Q1 2025 | $335.2M | 22 | 3 | 7 | 8 | 5 | 83.9% | 44 |
| Q4 2024 | $347.2M | 24 | 2 | 4 | 8 | 1 | 85.0% | 43 |
| Q3 2024 | $345.4M | 23 | 2 | 5 | 15 | 4 | 84.3% | 44 |
| Q2 2024 | $330.7M | 25 | 3 | 3 | 19 | 6 | 83.2% | 43 |
| Q1 2024 | $337.9M | 28 | 0 | 4 | 16 | 3 | 80.8% | 43 |
| Q4 2023 | $302.8M | 31 | 6 | 5 | 17 | 1 | 78.0% | 45 |
| Q3 2023 | $270.9M | 26 | 2 | 4 | 10 | 3 | 80.9% | 45 |
| Q2 2023 | $274.2K | 27 | 4 | 6 | 12 | 5 | 81.6% | 45 |
| Q1 2023 | $242.4K | 28 | 3 | 8 | 12 | 5 | 81.2% | 42 |
| Q4 2022 | $219.9K | 30 | 5 | 10 | 14 | 2 | 76.5% | 45 |
| Q3 2022 | $234.4M | 27 | 2 | 8 | 14 | 4 | 78.2% | 45 |
| Q2 2022 | $241.9M | 29 | 8 | 6 | 15 | 5 | 77.0% | 46 |
| Q1 2022 | $314.1M | 26 | 6 | 8 | 9 | 6 | 77.4% | 43 |
| Q4 2021 | $365.6M | 26 | 3 | 6 | 13 | 3 | 78.7% | 42 |
| Q3 2021 | $372.7M | 26 | 1 | 14 | 9 | 3 | 79.4% | 46 |
| Q2 2021 | $368.7M | 28 | 5 | 8 | 8 | 8 | 75.3% | 44 |
| Q1 2021 | $338.0M | 31 | 1 | 13 | 12 | 5 | 72.0% | 44 |
| Q4 2020 | $304.6M | 35 | 0 | 0 | 0 | 0 | 70.0% | 43 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.