Glenn Greenberg - Brave Warrior Advisors 13F Activity & Position Changes (Q1 2026)

As of Mar 31, 2026, the Brave Warrior Advisors portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2026, the filing reported:

New Buys - Apollo Global Management, Inc. , Ares Management Corporation, Energy Transfer LP, First American Corporation (New, ICON

Increases - Meta Platforms, Inc., Microsoft Corporation, Progressive Corporation (The), Primerica, Inc., SLM Corporation

Reductions - Antero Midstream Corporation, AutoNation, Inc., Bank of America Corporation, Builders FirstSource, Inc., Capital One Financial Corporati, and 11 more

Complete Exits - S&P Global Inc., U.S. Bancorp, Visa Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2026	AM Antero Midstream Corporation	Antero Midstream Corporation	Sell	-8,093	-0.4%	$41.95M	1,839,879
Q1 2026	AN AutoNation, Inc.	AutoNation, Inc.	Sell	-5,013	-0.3%	$302.21M	1,547,728
Q1 2026	APO Apollo Global Management, Inc.	Apollo Global Management, Inc.	Buy - Position Entry	+4,500	-	$501.39K	4,500
Q1 2026	ARES Ares Management Corporation	Ares Management Corporation	Buy - Position Entry	+5,000	-	$545.50K	5,000
Q1 2026	BAC Bank of America Corporation	Bank of America Corporation	Sell	-12,000	-45.2%	$708.43K	14,532
Q1 2026	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Sell	-6,853	-0.3%	$195.31M	2,372,292
Q1 2026	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell	-4,558	-0.5%	$183.22M	1,004,304
Q1 2026	DHI D.R. Horton, Inc.	D.R. Horton, Inc.	Sell	-8,261	-1.2%	$95.17M	693,561
Q1 2026	ELV Elevance Health, Inc.	Elevance Health, Inc.	Sell	-129,495	-10.3%	$328.56M	1,122,308
Q1 2026	ET Energy Transfer LP	Energy Transfer LP	Buy - Position Entry	+15,000	-	$289.50K	15,000
Q1 2026	FAF First American Corporation (New	First American Corporation (New	Buy - Position Entry	+5,000	-	$301.45K	5,000
Q1 2026	FG F&G Annuities & Life, Inc.	F&G Annuities & Life, Inc.	Sell	-23,888	-0.4%	$135.54M	5,353,141
Q1 2026	FNF FNF Group of Fidelity National	FNF Group of Fidelity National	Sell	-16,876	-0.5%	$162.43M	3,502,213
Q1 2026	HCA HCA Healthcare, Inc.	HCA Healthcare, Inc.	Sell	-2,590	-66.0%	$630.83K	1,333
Q1 2026	ICLR ICON	ICON	Buy - Position Entry	+2,996,811	-	$331.63M	2,996,811
Q1 2026	LEN Lennar Corporation	Lennar Corporation	Sell	-1,364	-0.1%	$209.29M	2,410,050
Q1 2026	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+35	+10.4%	$213.40K	373
Q1 2026	MPLX MPLX LP	MPLX LP	Sell	-1,220,591	-27.3%	$185.68M	3,253,524
Q1 2026	MRP Millrose Properties	Millrose Properties	Sell	-84,327	-1.0%	$238.45M	8,515,897
Q1 2026	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+1,500	+285.7%	$749.59K	2,025
Q1 2026	OMF OneMain Holdings, Inc.	OneMain Holdings, Inc.	Sell	-35,986	-0.5%	$412.05M	7,703,307
Q1 2026	PGR Progressive Corporation (The)	Progressive Corporation (The)	Buy	+43	+2.5%	$354.65K	1,789
Q1 2026	PRI Primerica, Inc.	Primerica, Inc.	Buy	+99,198	+12.7%	$220.25M	879,323
Q1 2026	RYAAY Ryanair Holdings plc	Ryanair Holdings plc	Sell	-17,322	-0.6%	$175.68M	3,039,376
Q1 2026	SLM SLM Corporation	SLM Corporation	Buy	+752,403	+5.9%	$290.84M	13,584,368
Q1 2026	SNX TD SYNNEX Corporation	TD SYNNEX Corporation	Sell	-109,595	-3.5%	$515.18M	3,053,644
Q1 2026	SPGI S&P Global Inc.	S&P Global Inc.	Sell - Position Exit	-401	-100.0%	$0.00	-
Q1 2026	USB U.S. Bancorp	U.S. Bancorp	Sell - Position Exit	-15,000	-100.0%	$0.00	-
Q1 2026	V Visa Inc.	Visa Inc.	Sell - Position Exit	-618	-100.0%	$0.00	-