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

As of Dec 31, 2025, the Brave Warrior Advisors portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 17, 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 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