Glenn Greenberg - Brave Warrior Advisors 13F Activity & Position Changes (Q4 2025)

According to the SEC 13F filed on Feb 17, 2026, the Brave Warrior Advisors portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2025. 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 Q4 2025, the filing reported:

New Buys - Applied Materials, Inc., S&P Global Inc.

Increases - AutoNation, Inc., Builders FirstSource, Inc., Capital One Financial Corporati, F&G Annuities & Life, Inc., FNF Group of Fidelity National , and 5 more

Reductions - Antero Midstream Corporation, D.R. Horton, Inc., Elevance Health, Inc., Alphabet Inc., OneMain Holdings, Inc., and 2 more

Complete Exits - ICON, Kinetik Holdings 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
Q4 2025	AM Antero Midstream Corporation	Antero Midstream Corporation	Sell	-17,358	-0.9%	$32.88M	1,847,972
Q4 2025	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Buy - Position Entry	+961	-	$246.97K	961
Q4 2025	AN AutoNation, Inc.	AutoNation, Inc.	Buy	+338,698	+27.9%	$320.61M	1,552,741
Q4 2025	BLDR Builders FirstSource, Inc.	Builders FirstSource, Inc.	Buy	+573,764	+31.8%	$244.79M	2,379,145
Q4 2025	COF Capital One Financial Corporati	Capital One Financial Corporati	Buy	+44,132	+4.6%	$244.51M	1,008,862
Q4 2025	DHI D.R. Horton, Inc.	D.R. Horton, Inc.	Sell	-6,859	-1.0%	$101.08M	701,822
Q4 2025	ELV Elevance Health, Inc.	Elevance Health, Inc.	Sell	-582,199	-31.7%	$438.82M	1,251,803
Q4 2025	FG F&G Annuities & Life, Inc.	F&G Annuities & Life, Inc.	Buy	+158,052	+3.0%	$165.88M	5,377,029
Q4 2025	FNF FNF Group of Fidelity National	FNF Group of Fidelity National	Buy	+29,775	+0.9%	$192.11M	3,519,089
Q4 2025	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-1,600	-7.3%	$6.34M	20,258
Q4 2025	ICLR ICON	ICON	Sell - Position Exit	-3,000	-100.0%	$0.00	-
Q4 2025	KNTK Kinetik Holdings Inc.	Kinetik Holdings Inc.	Sell - Position Exit	-1,608,928	-100.0%	$0.00	-
Q4 2025	LEN Lennar Corporation	Lennar Corporation	Buy	+405,908	+20.2%	$247.89M	2,411,414
Q4 2025	MPLX MPLX LP	MPLX LP	Buy	+6,641	+0.1%	$238.78M	4,474,115
Q4 2025	MRP Millrose Properties	Millrose Properties	Buy	+3,224,632	+60.0%	$256.89M	8,600,224
Q4 2025	OMF OneMain Holdings, Inc.	OneMain Holdings, Inc.	Sell	-54,977	-0.7%	$522.79M	7,739,293
Q4 2025	PRI Primerica, Inc.	Primerica, Inc.	Buy	+27,136	+3.6%	$201.55M	780,125
Q4 2025	RYAAY Ryanair Holdings plc	Ryanair Holdings plc	Sell	-1,027,548	-25.2%	$220.66M	3,056,698
Q4 2025	SLM SLM Corporation	SLM Corporation	Buy	+1,172,547	+10.1%	$347.23M	12,831,965
Q4 2025	SNX TD SYNNEX Corporation	TD SYNNEX Corporation	Sell	-112,054	-3.4%	$475.21M	3,163,239
Q4 2025	SPGI S&P Global Inc.	S&P Global Inc.	Buy - Position Entry	+401	-	$209.56K	401