Portfolio Concentration Analysis: Courant Investment Management Llc's Holdings as of June 30, 2026
Courant Investment Management Llc maintains a concentrated portfolio with significant exposure to Financial Services and Consumer Cyclical sectors.
As of June 30, 2026, Courant Investment Management Llc holds a substantial portfolio valued at approximately $103.0 million.
The fund's largest position is in **PROGRESSIVE CORP (PGR)**, representing about 24.6% of the total portfolio value. This translates to Progressive Corporation holding a significant stake.
Closely following is **JPMORGAN CHASE & CO (JPM)**, accounting for roughly 22.5% of the portfolio or $23.1 million in value. JPMorgan Chase remains a major component.
The third largest holding is **SCHWAB CHARLES CORP (SCHW)**, making up 16.4% of the portfolio ($16.9 million). Schwab Charley contributes significantly to this concentration.
In terms of sector allocation, Courant Investment Management Llc demonstrates a strong bias towards the Financial Services industry. This sector accounts for 70.8% of the portfolio's value ($72.9 million). The Technology sector holds 9.0% ($9.3 million), while Consumer Cyclical represents 20.2% ($20.8 million).
Specifically, within Financial Services, the fund has significant exposure to **PROGRESSIVE CORP (PGR)** and **JPMORGAN CHASE & CO (JPM)** combined, representing over half of their sector allocation. Other notable holdings in this sector include BRO at 7.3% ($7.5 million) and FISERV INC (FI) at 9.0% ($9.3 million).
The Consumer Cyclical sector is represented by **LOWES COS INC (LOW)**, which makes up about 10.7% of the portfolio ($11.0 million), and ULTA BEAUTY INC at a similar allocation of 9.5% ($9.8 million).