Glenn Greenberg - Brave Warrior Advisors Investment Strategy & Portfolio Analysis

According to the SEC 13F filed on Aug 14, 2026, Glenn Greenberg's Brave Warrior Advisors portfolio reflects a balanced investor approach across 39 reported 13F positions as of quarter-end Jun 30, 2026. Portfolio returns are primarily driven by a small set of high-conviction positions such as ICON, OneMain Holdings,, and TD SYNNEX, with the top five holdings accounting for approximately 46% of total exposure and ICON alone contributing ~12%. While the portfolio includes 39 positions, economic outcomes are highly concentrated in a narrow set of financials and consumer cyclical companies names. Exposure to high-growth and technology-oriented segments remains limited relative to peers, with performance instead anchored in durable, cash-generating businesses across financials, unknown, and consumer discretionary. The portfolio exhibits low turnover, consistent with a buy-and-hold posture held through multiple reporting cycles. Distinctive traits include Long-Term Holder, Structurally Diversified.