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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 41 of 51 rows. Rows without a quote are marked unavailable.

1BRK-BBerkshire Hathaway27.04%Reduce -1.5%1,362,305$308.56M$226.50No quote
2BAMBrookfield Asset Mgmt10.02%Reduce -2.8%1,977,915$114.32M$57.80No quote
3KMXCarMax5.70%Reduce -2.9%742,000$65.05M$87.67No quote
4LKQLKQ Corp5.40%Reduce -2.0%1,726,034$61.62M$35.70No quote
5WFCWells Fargo5.23%Reduce -2.7%1,109,199$59.68M$53.80No quote
6GOOGAlphabet Class C5.20%Add +72.3%44,373$59.33M$1337.03No quote
7SUSuncor4.87%Add +5.7%1,695,669$55.62M$32.80No quote
8FDXFedEx4.60%Reduce -2.0%347,078$52.48M$151.21No quote
9TROWPrice (T.Rowe)4.43%Reduce -2.3%414,820$50.54M$121.84No quote
10AXPAmerican Express3.73%Reduce -1.9%342,184$42.6M$124.49No quote
11HBIHanesbrands3.67%Add +2.9%2,821,863$41.91MNo quoteNo quote
12BFHAlliance Data Sys3.67%Reduce -4.1%372,765$41.82M$112.20No quote
13USBUS Bancorp3.16%Reduce -5.2%608,679$36.09M$59.29No quote
14-Cimpress NVCUSIP 0452902553.06%Reduce -17.4%277,465$34.9MNo quoteNo quote
15INGRIngredion2.94%Reduce -4.3%360,707$33.53M$92.95No quote
16BRK-ABerkshire Hathaway 'A'2.80%-94$31.92M$339595.74No quote
17PROSYProsus2.47%Add +188.1%1,885,863$28.17MNo quoteNo quote
18VZVerizon0.30%Reduce -8.6%56,385$3.46M$61.40No quote
19AAPLApple0.25%Reduce -0.3%9,895$2.91M$293.68No quote
20DISDisney (Walt)0.18%Reduce -32.0%14,050$2.03M$144.63No quote
21SPBSpectrum Brands0.15%Reduce -95.0%27,379$1.76M$64.28No quote
22JNJJohnson & Johnson0.10%Reduce -52.1%7,800$1.14M$145.90No quote
23AMGNAmgen0.09%Reduce -0.2%4,487$1.08M$241.14No quote
24TRUPTrupanion Inc.0.09%Add +1.5%28,190$1.06M$37.46No quote
25MSFTMicrosoft0.09%Add +1.4%6,412$1.01M$157.67No quote
26BUDAnheuser-Busch InBev0.07%Reduce -2.8%10,300$845K$82.04No quote
27MKLMarkel0.07%-705$806K$1143.26No quote
28BHABiglari Cl A0.07%Add +2.4%1,291$775KNo quoteNo quote
29ANAutoNation0.06%Reduce -58.2%14,580$709K$48.63No quote
30GSGoldman Sachs0.05%-2,530$582K$230.04No quote
31SPYSPDR S&P 5000.04%-1,405$452K$321.71No quote
32QCOMQualcomm0.04%Reduce -25.1%5,080$448K$88.19No quote
33XTIShares Exponential Technologi0.04%-10,200$436K$42.75No quote
34BACBank of America0.04%Add +0.0%11,406$402K$35.24No quote
35CATCaterpillar Tractor0.03%-2,170$320K$147.47No quote
36CVXChevron0.03%Reduce -16.0%2,627$317K$120.67No quote
37CCitigroup0.03%-3,900$312K$80.00No quote
38CFGCitizens Financial Group0.03%Reduce -21.5%7,300$296K$40.55No quote
39FASTFastenal0.03%Reduce -3.1%7,810$289K$37.00No quote
40WGOWinnebago0.02%Reduce -32.9%4,900$260K$53.06No quote
41PBAPembina Pipeline0.02%-6,900$256KNo quoteNo quote
42COFCapital One Fin'l0.02%-2,400$247K$102.92No quote
43BHCBausch Health0.02%New7,984$239K$29.93No quote
44COPConocophillips0.02%New3,404$221K$64.92No quote
45AMZNAmazon Com0.02%New115$213K$1852.17No quote
50WBAWalgreen Boots Alliance-Sold0$0No quoteNo quote
49SBUXStarbucks-Sold0$0No quoteNo quote
48NPSNYNaspers Limited-Sold0$0No quoteNo quote
47EVTIEventure Interactive0.00%-50,000$0No quoteNo quote
46AZOAutozone-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 +10.3%4,150,700$940.13M