Wallace Weitz portfolio & holdings
Weitz Investment Management
Historical clone performance and limitations
Wallace Weitz (Weitz Investment Management) discloses a $1.44B portfolio across 50 US-listed positions in the latest 13F filing (2026Q2, filed Aug 12, 2026). The largest holding is BRK/B at 9.4% of the book.
A material reported change · Q2 2026
Wallace Weitz reduced reported TXN shares by 51.3%.
Holdings as of Jun 30, 2026 · filed Aug 12, 2026. Position at period end: 1.6% of the reported portfolio. The filing does not reveal the trade date, price, or reason.
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Holdings (50) · click any column to sort
| #↑ | Ticker | Issuer | % Port. | This Q | History | Value |
|---|---|---|---|---|---|---|
| 1 | BRK/B | 9.4% | $136M | |||
| 2 | GOOG | 6.6% | $95M | |||
| 3 | DHR | 6.5% | $93M | |||
| 4 | V | 6.3% | $91M | |||
| 5 | MA | 5.2% | $75M | |||
| 6 | AON | 4.9% | $71M | |||
| 7 | VMC | 4.2% | $60M | |||
| 8 | META | 4.0% | $58M | |||
| 9 | TMO | 4.0% | $58M | |||
| 10 | IEX | 4.0% | $57M | |||
| 11 | MSFT | 4.0% | $57M | |||
| 12 | HEI/A | 3.7% | $53M | |||
| 13 | AMZN | 3.6% | $52M | |||
| 14 | TECH | 2.7% | $38M | |||
| 15 | SIRI | 2.4% | $35M | |||
| 16 | ADI | 2.3% | $34M | |||
| 17 | EFX | 2.1% | $30M | |||
| 18 | LH | 1.9% | $28M | |||
| 19 | MLM | 1.9% | $27M | |||
| 20 | GPN | 1.8% | $25M | |||
| 21 | TXN | 1.6% | $23M | |||
| 22 | LBRDK | 1.3% | $19M | |||
| 23 | IDXX | 1.3% | $19M | |||
| 24 | ACIW | 1.3% | $18M | |||
| 25 | PRM | 1.1% | $16M | |||
| 26 | MELI | 1.1% | $16M | |||
| 27 | ACN | 1.0% | $15M | |||
| 28 | IR | 0.9% | $13M | |||
| 29 | CSGP | 0.8% | $12M | |||
| 30 | EEFT | 0.8% | $12M | |||
| 31 | ASML | 0.8% | $11M | |||
| 32 | LKQ | 0.7% | $11M | |||
| 33 | NFLX | 0.7% | $11M | |||
| 34 | TSM | 0.7% | $10M | |||
| 35 | ORCL | 0.6% | $8M | |||
| 36 | COF | 0.6% | $8M | |||
| 37 | CRM | 0.5% | $8M | |||
| 38 | NVDA | 0.5% | $7M | |||
| 39 | VLTO | 0.5% | $7M | |||
| 40 | RGEN | 0.4% | $6M | |||
| 41 | LBRDA | 0.3% | $4M | |||
| 42 | LIN | 0.3% | $4M | |||
| 43 | MTD | 0.2% | $3M | |||
| 44 | POOL | 0.2% | $3M | |||
| 45 | SPGI | 0.2% | $3M | |||
| 46 | APH | 0.1% | $2M | |||
| 47 | FTV | 0.1% | $1M | |||
| 48 | FERG | 0.1% | $1M | |||
| 49 | CMCSA | 0.1% | $1M | |||
| 50 | CHTR | <0.1% | $92K |
- port9.4%val$136MBerkshire Hathaway Inc-cl Bthis Q hold·40q
- 2GOOGport6.6%val$95MAlphabet Inc-cl Cthis Q hold·40q
- 3DHRport6.5%val$93MDanaher Corpthis Q hold·36q
- 4Vport6.3%val$91MVisa Inc-class A Sharesthis Q hold·40q
- 5MAport5.2%val$75MMastercard Inc - Athis Q hold·40q
- 6AONport4.9%val$71MAon CL A Ordthis Q hold·25q
- 7VMCport4.2%val$60MVulcan Materials COthis Q hold·35q
- 8METAport4.0%val$58MMeta Platforms Inc-class Athis Q hold·34q
- 9TMOport4.0%val$58MThermo Fisher Scientific Incthis Q hold·39q
- 10IEXport4.0%val$57MIdex Corpthis Q hold·26q
- 11MSFTport4.0%val$57MMicrosoft Corpthis Q hold·33q
- 12HEI/Aport3.7%val$53MHeico Corp-class Athis Q hold·26q
- 13AMZNport3.6%val$52MAmazon.com Incthis Q hold·40q
- 14TECHport2.7%val$38MBio-techne Corpthis Q hold·9q
- 15SIRIport2.4%val$35MSirius XM Holdings Incthis Q hold·8q
- 16ADIport2.3%val$34MAnalog Devices Incthis Q hold·31q
- 17EFXport2.1%val$30MEquifax Incthis Q hold·12q
- 18LHport1.9%val$28MLabcorp Holdings Incthis Q hold·9q
- 19MLMport1.9%val$27MMartin Marietta Materialsthis Q hold·36q
- 20GPNport1.8%val$25MGlobal Payments Incthis Q hold·11q
- 21TXNport1.6%val$23MTexas Instruments Incthis Q -51%·40q
- 22LBRDKport1.3%val$19MLiberty Broadband-cthis Q hold·40q
- 23IDXXport1.3%val$19MIdexx Laboratories Incthis Q hold·6q
- 24ACIWport1.3%val$18MAci Worldwide Incthis Q hold·40q
- 25PRMport1.1%val$16MPerimeter Solutions Incthis Q hold·7q
- 26MELIport1.1%val$16MMercadolibre Incthis Q hold·4q
- 27ACNport1.0%val$15MAccenture CL A Ordthis Q -30%·40q
- 28IRport0.9%val$13MIngersoll-rand Incthis Q +21%·15q
- 29CSGPport0.8%val$12MCostar Group Incthis Q hold·26q
- 30EEFTport0.8%val$12MEuronet Worldwide Incthis Q hold·3q
- 31ASMLport0.8%val$11MAsml Holding Adr Rep Ordthis Q hold·2q
- 32LKQport0.7%val$11MLkq Corpthis Q hold·28q
- 33NFLXport0.7%val$11MNetflix Incthis Q New·—1q
- 34TSMport0.7%val$10MTaiwan Semiconductor-sp Adrthis Q hold·2q
- 35ORCLport0.6%val$8MOracle Corpthis Q hold·40q
- 36COFport0.6%val$8MCapital One Financial Corpthis Q New·—1q
- 37CRMport0.5%val$8MSalesforce Incthis Q -40%·30q
- 38NVDAport0.5%val$7MNvidia Corpthis Q hold·2q
- 39VLTOport0.5%val$7MVeralto Corpthis Q +94%·11q
- 40RGENport0.4%val$6MRepligen Corpthis Q +60%·2q
- 41LBRDAport0.3%val$4MLiberty Broadband-athis Q hold·40q
- 42LINport0.3%val$4MLinde Ordthis Q hold·14q
- 43MTDport0.2%val$3MMettler-toledo Internationalthis Q New·—1q
- 44POOLport0.2%val$3MPool Corpthis Q hold·2q
- 45SPGIport0.2%val$3MS&p Global Incthis Q hold·26q
- 46APHport0.1%val$2MAmphenol Corp-cl Athis Q hold·2q
- 47FTVport0.1%val$1MFortive Corpthis Q hold·26q
- 48FERGport0.1%val$1MFerguson Enterprises Incthis Q hold·2q
- 49CMCSAport0.1%val$1MComcast Corp-class Athis Q hold·40q
- 50CHTRport<0.1%val$92KCharter Communications Inc-athis Q hold·28q
Beyond the 13F
as of 2026-05-31 (funds report between 2025-12-31 and 2026-05-31)Across Wallace Weitz’s registered funds — $7.77B disclosed in SEC Form N-PORT — just 18.1% sits in US-listed equity, the only slice a 13F reports. The other $6.36B is bonds, cash, other assets and foreign listings — none of which a 13F can show.
Where the hidden money is
| Canada | 0.1% |
Largest positions no 13F shows
| United States of America · United States · USD | $99M |
| United States of America · United States · USD | $97M |
| United States of America · United States · USD | $87M |
| United States of America · United States · USD | $85M |
| United States of America · United States · USD | $79M |
| United States of America · United States · USD | $77M |
| Freddie Mac · United States · USD | $71M |
| JPMorgan Trust II: JPMorgan US Government Money Market Fund; Institutional Shares · United States · USD | $64M |
From SEC Form N-PORT, which registered funds file with their full portfolio — every currency, asset class and short. Covers 11 funds. The percentage above is the composition of those funds, not a ratio between two filings: a 13F spans every discretionary account but only US-listed securities, while N-PORT covers only the registered funds but every asset inside them — different universes, so the totals are not comparable (the 13F itself reports $1.44B for 2026-06-30). None of this feeds the backtest above, which stays a pure 13F clone.
2026Q2 moves, by size (11)(expand ↓)
| Ticker | Issuer | Move | % Port. | Δ Shares | Value |
|---|---|---|---|---|---|
| ACN | Accenture CL A Ord | TRIM | 1.0% | -30% | $15M |
| TXN | Texas Instruments Inc | TRIM | 1.6% | -51% | $23M |
| ODFL | Old Dominion Freight Line | EXIT | 1.8% | -100% | $0 |
| CRM | Salesforce Inc | TRIM | 0.5% | -40% | $8M |
| IR | Ingersoll-rand Inc | ADD | 0.9% | +21% | $13M |
| NFLX | Netflix Inc | NEW | 0.7% | +100% | $11M |
| COF | Capital One Financial Corp | NEW | 0.6% | +100% | $8M |
| VLTO | Veralto Corp | ADD | 0.5% | +94% | $7M |
| RGEN | Repligen Corp | ADD | 0.4% | +60% | $6M |
| CDW | Cdw Corp/de | EXIT | 0.3% | -100% | $0 |
| MTD | Mettler-toledo International | NEW | 0.2% | +100% | $3M |
- TRIMACN1.0%Accenture CL A OrdΔ -30%·$15M
- TRIMTXN1.6%Texas Instruments IncΔ -51%·$23M
- EXITODFL1.8%Old Dominion Freight LineΔ -100%·$0
- TRIMCRM0.5%Salesforce IncΔ -40%·$8M
- ADDIR0.9%Ingersoll-rand IncΔ +21%·$13M
- NEWNFLX0.7%Netflix IncΔ +100%·$11M
- NEWCOF0.6%Capital One Financial CorpΔ +100%·$8M
- ADDVLTO0.5%Veralto CorpΔ +94%·$7M
- ADDRGEN0.4%Repligen CorpΔ +60%·$6M
- EXITCDW0.3%Cdw Corp/deΔ -100%·$0
- NEWMTD0.2%Mettler-toledo InternationalΔ +100%·$3M
About Wallace Weitz
Wallace Weitz founded Omaha-based Weitz Investment Management in 1983 and has run concentrated, patient value strategies there for four decades — a lineage that places him squarely in the Graham-Buffett tradition, unsurprising given his geographic and intellectual proximity to Berkshire Hathaway. The current 49-position book, with roughly a third of assets in the top five names and BRK/B as the largest holding, reflects the firm's preference for durable-moat businesses held at what Weitz considers rational prices relative to private-market value. The style is domestic-equity-centric, long-only, and low-turnover, so the 13F is a reasonably faithful picture of the portfolio — there is no known derivatives or short overlay that would create material hidden exposure. Readers should note, however, that the 45-day disclosure lag plus quarterly rebalancing means the clone backtest's -7.5% annual excess return versus SPY over twelve years reflects execution friction and timing slippage as much as any fundamental divergence from the strategy itself.
2026Q2 brief
Weitz Investment Management's $1.44B portfolio made few dramatic moves in Q2 2026, but the direction of travel is clear: trimming technology and redeploying into quality compounders. The largest reduction was TXN (−51%, now just 1.6%), a notable cut for a fund that has long held semiconductor exposure, while CRM (−40%) and ACN (−30%) were also pared — collectively reducing software/IT services weight by a meaningful margin. Offsetting this, Weitz initiated NFLX (0.7%) and COF (0.6%) and nearly doubled VLTO (+94%) and added 60% to RGEN, suggesting selective interest in beaten-down life-science tools and consumer finance. The core book remains anchored by the familiar compounders: BRK/B (9.4%), GOOG (6.6%), DHR (6.5%), V (6.3%), and MA (5.2%) — a remarkably stable, Buffett-inflected top five. The exit from ODFL (previously 1.8%) is worth noting given Weitz's long history with the freight name, possibly signaling valuation discipline after a strong run. Watch whether the NFLX and COF initiations get meaningfully scaled up in Q3 — right now they're toe-holds, and sizing will reveal true conviction.
AI-generated. Not investment advice.
Filing history
Wallace Weitz's disclosed 13F portfolio value and position count by quarter — the trajectory across every SEC filing.
| Quarter | Positions | Portfolio value |
|---|---|---|
| Q2 2026 — what changed → | 50 | $1.44B |
| Q1 2026 — what changed → | 49 | $1.43B |
| Q4 2025 — what changed → | 44 | $1.69B |
| Q3 2025 — what changed → | 48 | $1.84B |
| Q2 2025 — what changed → | 45 | $1.86B |
| Q1 2025 — what changed → | 45 | $1.88B |
| Q4 2024 holdings | 47 | $1.94B |
| Q3 2024 holdings | 50 | $2.03B |
| Q2 2024 holdings | 53 | $1.91B |
| Q1 2024 holdings | 54 | $1.98B |
| Q4 2023 holdings | 55 | $1.90B |
| Q3 2023 holdings | 53 | $1.82B |
Values as disclosed at each quarter end. Older filings on EDGAR.
Manager evidence
12 material decisions, preserved in sequence.
See what Wallace Weitz bought, added, trimmed, or exited across eight quarters—plus disclosure lag, SEC sources, and observed outcomes versus SPY. No guru grade.
Open Wallace Weitz's decision evidence →Frequently asked questions
- What stocks does Wallace Weitz own?
- As of 2026Q2, Wallace Weitz's 13F discloses 50 positions worth $1.44B. The top five holdings: BRK/B (9.4%), GOOG (6.6%), DHR (6.5%), V (6.3%), MA (5.2%). 13F filings cover long US-listed equities only — cash, bonds, shorts, and non-US positions are not disclosed.
- What did Wallace Weitz buy this quarter?
- In 2026Q2, the filing shows 3 new positions and 3 additions to existing holdings. The largest positions touched by buying: IR, NFLX, COF, VLTO, RGEN.
- How big is Wallace Weitz's portfolio?
- $1.44B across 50 positions per the latest 13F (filed Aug 12, 2026). The top five holdings account for 34% of the disclosed book.
Similar portfolios
Long US equity 13F-HR filings only — no shorts, no derivatives. SEC filings at EDGAR (CIK 0000883965). Not investment advice.