13F filer · reported 2026-Q1 · filed 2026-05-15 · Δ vs 2025-Q4 · US-listed long positions only 13F portfolio $4.0B · Positions 36 · Top 10 75.3% · Effective N 13.9 Filer13F 2026-Q1 | CIK1553733 | Reported quarter2026-Q1 | | Prior quarter2025-Q4 | Filed2026-05-15 | | Reported value$4.0B | Positions36 | | Regulatory AUM (ADV)$5.6B | Employees (ADV)6 | | Head office (ADV)NEW YORK, NY, United States | Structure (ADV)Limited Liability Company |
Authorized signatory: Donna Martel-Downing · Chief Compliance Officer — the person who SIGNED this filer's latest 13F, frequently a compliance officer, general counsel or CFO, and not necessarily the portfolio manager. Owners & officers (ADV Schedule A): GREENBERG, GLENN, HANK (PRINCIPAL) · MARTEL-DOWNING, DONNA, M. (CHIEF COMPLIANCE OFFICER) · BRAVE WARRIOR CAPITAL, INC. (MANAGING MEMBER) Reported 2026-Q1 · filed 2026-05-15 · ADV 2026-04-06ⓘ Implied return1.14y vs SPY | Cumulative+10.3% | CAGR+8.9% | | vs SPY−12.9pp | Vol (ann.)45.8% | | Sharpe0.40 | Max drawdown−29.1% | | Beta0.87 | Avg coverage100% | | Quarters replayed3 | |
2025-06-30 → 2026-08-21 · HYPOTHETICAL replication, not actual returnsⓘ Contribution10 of 41 names | Ticker | Avg wt | Return | Contrib. |
|---|
| SNX | 12.6% | +68.4% | +7.95pp | | BLDR | 5.3% | −51.4% | −3.54pp | | ELV | 10.5% | +28.7% | +2.83pp | | LEN | 5.7% | −34.6% | −2.34pp | | FG | 3.8% | −33.9% | −1.50pp | | MPLX | 5.2% | +24.5% | +1.23pp | | OMF | 11.1% | +11.0% | +1.19pp | | SLM | 7.8% | −14.8% | −1.13pp | | FNF | 4.6% | −16.7% | −0.84pp | | PRI | 5.3% | +11.0% | +0.74pp |
Carino-linked; contributions sum to the book return — modeled, not actual results. 2025-08-24 → 2026-08-24 · book +2.8% · SPY +20.0% · largest absolute contributors first · HYPOTHETICALⓘ Top holdings12 of 36 · 84.5% of book | Holding | Weight | Value | Δ shares |
|---|
| SNX | 12.8% | $515M | −3.5% | | OMF | 10.2% | $412M | −0.5% | | ICLR | 8.2% | $332M | new | | ELV | 8.1% | $329M | −10.3% | | AN | 7.5% | $302M | −0.3% | | SLM | 7.2% | $291M | +5.9% | | MRP | 5.9% | $238M | −1.0% | | PRI | 5.5% | $220M | +12.7% | | LEN | 5.2% | $209M | −0.1% | | BLDR | 4.8% | $195M | −0.3% | | MPLX | 4.6% | $186M | −27.3% | | COF | 4.5% | $183M | −0.5% |
Weights as filed for 2026-Q1 · Δ vs 2025-Q4ⓘ Sector split10 sectors | Sector | N | Weight |
|---|
| Financials | 15 | 43.0% | | Consumer Discretionary | 5 | 25.4% | | Industrials | 4 | 11.6% | | Unclassified | 1 | 8.2% | | Real Estate | 1 | 5.9% | | Energy | 1 | 4.6% | | Utilities | 2 | 1.0% | | Communication Services | 4 | 0.2% | | Information Technology | 2 | 0.0% | | Health Care | 1 | 0.0% |
SIC-derived, not GICS · 92% of weight classifiedⓘ Sector history8 of 52 quarters | Sector | 2024-Q2 | 2024-Q3 | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 |
|---|
| Financials | 60.5% | 51.8% | 44.4% | 48.1% | 50.6% | 49.9% | 49.6% | 43.0% | | Consumer Discretionary | 22.0% | 25.4% | 29.8% | 22.2% | 22.7% | 24.5% | 24.5% | 25.4% | | Industrials | 2.6% | 8.0% | 8.8% | 12.3% | 15.4% | 13.6% | 13.3% | 11.6% | | Unclassified | 10.0% | 10.1% | 10.9% | 6.3% | 0.0% | 0.0% | 0.0% | 8.2% | | Real Estate | 0.0% | 0.0% | 0.0% | 4.8% | 5.1% | 4.2% | 6.0% | 5.9% | | Energy | 4.0% | 4.1% | 5.3% | 5.3% | 5.0% | 5.2% | 5.6% | 4.6% | | Utilities | 0.7% | 0.6% | 0.7% | 0.8% | 0.8% | 2.4% | 0.8% | 1.0% | | Communication Services | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.2% | 0.2% | 0.2% | | Information Technology | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | | Health Care | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | | Materials | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | | Consumer Staples | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | | Top-10 concentration | 89.0% | 83.5% | 85.5% | 73.4% | 77.2% | 76.8% | 78.2% | 75.3% |
SIC-derived, not GICS · 92% of the latest book classified · share of the filed book, per quarterⓘ Basis & disclosures - As filed · positions and weights exactly as the 13F states them · nothing imputed · absent “—”
- 13F is US-listed long only · filed up to 45 days after quarter-end · a LOWER bound on what this filer manages, never a total — shorts, options, cash, bonds and non-US listings are outside it
- As filed — the holdings and weights are the 13F itself; no return engine produced them
- Implied returns are a replication, not a track record · the filed book valued daily and rebalanced to each new filing · no fees, no timing, and nothing a 13F does not carry
- Not investment advice · no recommendation, forecast or offer · past ≠ future · this is a filer's public record, not a solicitation
- SEC Form 13F · SEC Form ADV · licensed end-of-day prices · spzco.com/methodology
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