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Focused investors/Steven Check

Steven Check - Check Capital Management

As of Q2 2026, Steven Check reported 16 long-equity positions worth $1.74B in aggregate.

It also disclosed $2.01B of call notional. Notional is the contracts’ face value, not the premium paid, so it is reported separately from the equity above — see the Options section below.

Copy-investor backtest

Latest quarter
+5.84%
1-year
+13.99%
3-year
+79.29%
5-year
+57.77%
3-year vs S&P 500
-26.05%
5-year vs S&P 500
-16.34%
5-year top 5
+86.77%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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Updated 2026-09-12 from SEC 13F data.

Live quotes available for 40 of 50 rows. Rows without a quote are marked unavailable.

1BRK-BBerkshire Hathaway25.85%Add +7.0%1,382,853$287.66M$208.02No quote
2BAMBrookfield Asset Mgmt9.71%Reduce -4.3%2,035,492$108.06M$53.09No quote
3KMXCarMax6.04%Reduce -4.8%764,305$67.26M$88.00No quote
4WFCWells Fargo5.17%Reduce -3.2%1,140,271$57.52M$50.44No quote
5LKQLKQ Corp4.98%Reduce -3.8%1,761,099$55.39M$31.45No quote
6FDXFedEx4.63%Reduce -4.2%354,120$51.55M$145.57No quote
7SUSuncor4.55%Add +0.8%1,603,792$50.65M$31.58No quote
8BFHAlliance Data Sys4.48%Reduce -1.4%388,835$49.82M$128.13No quote
9TROWPrice (T.Rowe)4.36%Reduce -4.9%424,668$48.52M$114.25No quote
10-Cimpress NVCUSIP 0452902553.98%Reduce -18.6%336,057$44.31MNo quoteNo quote
11HBIHanesbrands3.77%Add +5.5%2,741,867$42.01MNo quoteNo quote
12AXPAmerican Express3.71%Reduce -33.0%348,797$41.26M$118.28No quote
13USBUS Bancorp3.19%Reduce -3.0%642,216$35.54M$55.34No quote
14GOOGAlphabet Class C2.82%Add +0.1%25,757$31.4M$1219.01No quote
15INGRIngredion2.77%Reduce -5.5%376,834$30.8M$81.74No quote
16BRK-ABerkshire Hathaway 'A'2.63%Reduce -1.1%94$29.31M$311829.79No quote
17SPBSpectrum Brands2.62%Reduce -3.0%553,493$29.18M$52.72No quote
18NPSNYNaspers Limited1.76%Reduce -4.9%654,803$19.62MNo quoteNo quote
19PROSYProsus0.86%New654,613$9.61MNo quoteNo quote
20VZVerizon0.33%Reduce -7.6%61,685$3.72M$60.35No quote
21DISDisney (Walt)0.24%Add +0.1%20,650$2.69M$130.31No quote
22AAPLApple0.20%Reduce -16.0%9,930$2.22M$223.97No quote
23JNJJohnson & Johnson0.19%Reduce -1.2%16,300$2.11M$129.39No quote
24ANAutoNation0.16%Reduce -95.2%34,865$1.77M$50.71No quote
25BUDAnheuser-Busch InBev0.09%Reduce -65.7%10,600$1.01M$95.19No quote
26MSFTMicrosoft0.08%Reduce -8.0%6,322$879K$139.04No quote
27AMGNAmgen0.08%Reduce -0.8%4,494$870K$193.59No quote
28MKLMarkel0.07%Reduce -6.0%705$833K$1181.56No quote
29SBUXStarbucks0.07%Reduce -67.8%8,600$760K$88.37No quote
30BHABiglari Cl A0.06%Reduce -3.8%1,261$708KNo quoteNo quote
31TRUPTrupanion Inc.0.06%Add +0.5%27,770$706K$25.42No quote
32GSGoldman Sachs0.05%-2,530$524K$207.11No quote
33QCOMQualcomm0.05%Reduce -12.2%6,785$518K$76.34No quote
34WBAWalgreen Boots Alliance0.04%Reduce -6.3%7,590$420KNo quoteNo quote
35SPYSPDR S&P 5000.04%Reduce -38.8%1,405$417K$296.80No quote
36XTIShares Exponential Technologi0.04%-10,200$394K$38.63No quote
37CVXChevron0.03%-3,127$371K$118.64No quote
38BACBank of America0.03%Add +0.1%11,403$333K$29.20No quote
39CFGCitizens Financial Group0.03%-9,300$329K$35.38No quote
40WGOWinnebago0.03%-7,300$280K$38.36No quote
41CATCaterpillar Tractor0.02%-2,170$274K$126.27No quote
42CCitigroup0.02%-3,900$269K$68.97No quote
43FASTFastenal0.02%-8,060$263K$32.63No quote
44PBAPembina Pipeline0.02%-6,900$256KNo quoteNo quote
45AZOAutozone0.02%Reduce -34.4%210$228K$1085.71No quote
46COFCapital One Fin'l0.02%-2,400$218K$90.83No quote
49EVTIEventure Interactive0.00%-50,000$0No quoteNo quote
48GLWCorning-Sold0$0No quoteNo quote
47COPConocophillips-Sold0$0No quoteNo quote

Options positions

Put = right to sell at strike (a bearish bet). Call = right to buy at strike (bullish via leverage). The notional column shows the underlying market value reported to the SEC, not the option premium paid - these don't add to the long-equity % portfolio above.

1BRK-BBerkshire HathawayCOMCALLAdd +1.9%3,762,500$782.67M