Brave Warrior Advisors, LLC

New York, NY · CIK 1553733 · 13F filing filed 2023-08-14

SEC-registered investment adviser since 1987 · limited liability company

Assets managed$5.6bn
Staff6 · 3 in investment roles
Main clients (by assets)High net worth individuals 69%, Charities 23%, Private funds 4%
Private funds4 (4 hedge) · $220.5m gross assets
Form ADV · 2026-04-06SEC adviser record

Legal entityBrave Warrior Advisors, LLC (US)

$3.8bn reported value +17.0% vs Q1 2023

32positions

89.9%in top 10

5 new 6 added 16 reduced 1 sold out vs Q1 2023

Holdings, Q2 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	APOLLO GLOBAL MGMT INC COM APO	APO	7,874,383	$604.8m15.98%	15.98%	Reduced -35.8k	-35,755 -0.5%
2	ELEVANCE HEALTH INC COM ELV	ELV	1,321,272	$587.0m15.51%	15.51%	Added +236.5k	+236,504 21.8%
3	PRIMERICA INC COM PRI	PRI	2,144,014	$424.0m11.20%	11.20%	Reduced -7.1k	-7,135 -0.3%
4	LITHIA MTRS INC COM LAD	LAD	1,147,259	$348.9m9.22%	9.22%	Added +77.4k	+77,437 7.2%
5	FIDELITY NATIONAL FINANCIAL FNF GROUP COM FNF	FNF	9,088,063	$327.2m8.65%	8.65%	Added +2.4k	+2,379 0.0%
6	JPMORGAN CHASE & CO COM JPM	JPM	1,687,718	$245.5m6.49%	6.49%	Reduced -10.0k	-10,029 -0.6%
7	ONEMAIN HLDGS INC COM OMF	OMF	5,351,633	$233.8m6.18%	6.18%	Added +58.0k	+58,041 1.1%
8	UNITED RENTALS INC COM URI	URI	523,827	$233.3m6.16%	6.16%	Added +83.1k	+83,056 18.8%
9	RAYMOND JAMES FINL INC COM RJF	RJF	2,164,307	$224.6m5.93%	5.93%	Reduced -12.2k	-12,203 -0.6%
10	D R HORTON INC COM DHI	DHI	1,423,724	$173.3m4.58%	4.58%	Reduced -156.8k	-156,843 -9.9%
11	F&G ANNUITIES & LIFE INC COMMON STOCK FG	FG	6,794,158	$168.4m4.45%	4.45%	Reduced -39.8k	-39,800 -0.6%
12	LENNAR CORP CL A LEN	LEN	723,116	$90.6m2.39%	2.39%	Reduced -151.8k	-151,774 -17.4%
13	ASBURY AUTOMOTIVE GROUP INC COM ABG	ABG	276,566	$66.5m1.76%	1.76%	Reduced -369	-369 -0.1%
14	ANTERO MIDSTREAM CORP COM AM	AM	2,252,402	$26.1m0.69%	0.69%	Added +536	+536 0.0%
15	AUTONATION INC COM AN	AN	121,178	$19.9m0.53%	0.53%	Reduced -129.1k	-129,102 -51.6%
16	ALPHABET INC CAP STK CL A GOOGL	GOOGL	21,838	$2.6m0.07%	0.07%	Reduced -1.2k	-1,250 -5.4%
17	COMCAST CORP NEW CL A CMCSA	CMCSA	31,094	$1.3m0.03%	0.03%	Unchanged
18	MOODYS CORP COM MCO	MCO	3,150	$1.1m0.03%	0.03%	Unchanged
19	ALPHABET INC CAP STK CL C GOOG	GOOG	6,900	$834.7k0.02%	0.02%	Reduced -1.2k	-1,250 -15.3%
20	BRUNSWICK CORP COM BC	BC	6,828	$591.6k0.02%	0.02%	Reduced -5.5k	-5,500 -44.6%
21	UNITEDHEALTH GROUP INC COM UNH	UNH	1,106	$531.6k0.01%	0.01%	Unchanged
22	MICROSOFT CORP COM MSFT	MSFT	1,225	$417.2k0.01%	0.01%	Reduced -475	-475 -27.9%
23	BANK AMERICA CORP COM BAC	BAC	14,532	$416.9k0.01%	0.01%	Unchanged
24	HCA HEALTHCARE INC COM HCA	HCA	1,373	$416.7k0.01%	0.01%	Reduced -37.3k	-37,279 -96.5%
25	MPLX LP COM UNIT REP LTD MPLX	MPLX	12,000	$407.3k0.01%	0.01%	New
26	FIRST AMERN FINL CORP COM FAF	FAF	6,400	$364.9k0.01%	0.01%	Reduced -41.5k	-41,500 -86.6%
27	AMAZON COM INC COM AMZN	AMZN	2,700	$352.0k0.01%	0.01%	Reduced -500	-500 -15.6%
28	COMERICA INC COM CMA	CMA	7,500	$317.7k0.01%	0.01%	New
29	ICON PLC SHS ICLR	ICLR	950	$237.7k0.01%	0.01%	New
30	PROGRESSIVE CORP COM PGR	PGR	1,746	$231.1k0.01%	0.01%	Unchanged
31	WELLS FARGO CO NEW COM WFC	WFC	5,250	$224.1k0.01%	0.01%	New
32	MARRIOTT INTL INC NEW CL A MAR	MAR	1,194	$219.3k0.01%	0.01%	New

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
SCHWAB CHARLES CORP SCHW	SCHW	5,250	$275.0k5.2k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
ONEMAIN HLDGS INC OMF · 13G · filed 2025-08-14	OMF	6.6%≈ $479.8m		13G	2025-08-14
SLM CORP SLM · 13G · filed 2025-11-06	SLM	6.3%≈ $331.3m	+1.3 pts	13G	2025-11-06
AUTONATION INC AN · 13G · filed 2026-10-02	AN	5.8%≈ $357.9m	new	13G	2026-10-02