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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 47 of 54 rows. Rows without a quote are marked unavailable.

1BRK-BBerkshire Hathaway28.87%Reduce -4.7%1,249,775$347.34M$277.9252w: $177.34 - $295.08; reported $277.92
2BAMBrookfield Asset Mgmt10.06%Reduce -0.6%2,374,399$121.05M$50.98No quote
3GOOGAlphabet Class C7.29%Reduce -0.7%35,012$87.75M$2506.3152w: $70.33 - $127.80; reported $2506.31
4LKQLKQ Corp5.67%Reduce -1.0%1,384,805$68.16M$49.2252w: $24.96 - $51.68; reported $49.22
5KMXCarMax5.62%Add +39.0%523,801$67.65M$129.1552w: $84.70 - $138.77; reported $129.15
6FDXFedEx5.22%Reduce -0.7%210,486$62.79M$298.3352w: $123.82 - $257.78; reported $298.33
7MKLMarkel3.97%Add +1.7%40,217$47.73M$1186.7152w: $881.00 - $1268.96; reported $1186.71
8QSRRestaurant Brands3.81%Reduce -0.1%710,639$45.79M$64.4452w: $51.12 - $71.12; reported $64.44
9-Cimpress NVCUSIP 0452902553.72%Add +1.4%412,737$44.75MNo quoteNo quote
10AERAerCap Holdings3.68%Add +71.9%864,319$44.26M$51.2152w: $21.99 - $63.49; reported $51.21
11WFCWells Fargo3.33%Reduce -1.0%883,808$40.03M$45.2952w: $20.76 - $48.13; reported $45.29
12SUSuncor3.26%Add +0.5%1,637,637$39.25M$23.9752w: $10.67 - $25.73; reported $23.97
13BFHAlliance Data Sys2.76%Add +1.2%318,267$33.16M$104.1952w: $31.03 - $102.28; reported $104.19
14WWayfair2.59%Add +6155.2%98,519$31.1M$315.7152w: $196.30 - $369.00; reported $315.71
15AAPAdvance Auto Parts2.03%Reduce -38.9%119,180$24.45M$205.1452w: $131.90 - $210.18; reported $205.14
16DGXQuest Diagnostics1.99%Add +9.0%181,478$23.95M$131.9752w: $104.10 - $142.80; reported $131.97
17INGRIngredion1.87%Reduce -11.8%248,496$22.49M$90.5052w: $68.71 - $98.05; reported $90.50
18BRK-ABerkshire Hathaway 'A'1.74%-50$20.93M$418600.0052w: $266357.00 - $445000.00; reported $418600.00
19AAPLApple0.39%Add +0.7%34,198$4.68M$136.9752w: $89.14 - $145.09; reported $136.97
20VZVerizon0.33%Add +17.9%70,632$3.96M$56.0452w: $53.75 - $61.95; reported $56.04
21BACBank of America0.26%Reduce -0.7%75,332$3.11M$41.2352w: $22.39 - $43.49; reported $41.23
22HBIHanesbrands0.23%Reduce -93.5%146,720$2.74MNo quoteNo quote
23DISDisney (Walt)0.21%-14,703$2.58M$175.7552w: $112.00 - $203.02; reported $175.75
24BHABiglari Cl A0.15%Add +14.8%2,289$1.78MNo quoteNo quote
25TRUPTrupanion Inc.0.14%Add +10.1%14,915$1.72M$115.1252w: $42.52 - $126.53; reported $115.12
26MSFTMicrosoft0.13%Add +1.8%5,802$1.57M$270.9452w: $196.25 - $271.65; reported $270.94
27AMGNAmgen0.08%-3,770$919K$243.7752w: $210.28 - $276.69; reported $243.77
28USBUS Bancorp0.06%Add +2.1%12,185$694K$56.9652w: $34.01 - $62.47; reported $56.96
29GOOGLAlphabet Class A0.05%Reduce -4.7%246$601K$2443.0952w: $70.11 - $123.10; reported $2443.09
30GSGoldman Sachs0.04%-1,330$505K$379.7052w: $185.52 - $393.26; reported $379.70
31XTIShares Exponential Technologi0.04%-7,400$468K$63.24No quote
32AMZNAmazon Com0.03%Reduce -4.3%112$385K$3437.5052w: $137.70 - $177.70; reported $3437.50
33CATCaterpillar Tractor0.03%-1,750$381K$217.7152w: $125.12 - $246.69; reported $217.71
34FASTFastenal0.03%-6,760$352K$52.0752w: $21.19 - $27.16; reported $52.07
35JNJJohnson & Johnson0.03%-2,120$349K$164.6252w: $133.65 - $173.65; reported $164.62
36SPYSPDR S&P 5000.03%-800$342K$427.5052w: $309.07 - $428.78; reported $427.50
37TSLATesla Motors0.03%Add +0.2%501$341K$680.6452w: $72.03 - $300.13; reported $680.64
38BABAAlibaba0.03%New1,365$310K$227.1152w: $204.39 - $319.32; reported $227.11
39CCitigroup0.02%Add +2.8%4,045$286K$70.7052w: $40.49 - $80.29; reported $70.70
40BUDAnheuser-Busch InBev0.02%-3,600$259K$71.9452w: $48.41 - $79.67; reported $71.94
41ITWIllinois Tool Works0.02%-1,100$246K$223.6452w: $172.17 - $242.07; reported $223.64
42QCOMQualcomm0.02%-1,635$234K$143.1252w: $87.51 - $167.94; reported $143.12
44CVXChevron0.02%Reduce -16.2%2,227$233K$104.6352w: $65.16 - $113.11; reported $104.63
43BCCBoise Cascade0.02%-4,000$233K$58.2552w: $36.32 - $78.35; reported $58.25
45COFCapital One Fin'l0.02%New1,500$232K$154.6752w: $57.30 - $168.00; reported $154.67
46CFGCitizens Financial Group0.02%-4,700$216K$45.9652w: $22.53 - $51.14; reported $45.96
47GLWCorning0.02%-5,100$209K$40.9852w: $25.64 - $46.82; reported $40.98
49GEGeneral Electric0.02%Add +4.3%15,405$207K$13.4452w: $29.56 - $71.87; reported $13.44
48COPConocophillips0.02%New3,404$207K$60.8152w: $27.53 - $62.35; reported $60.81
50-Metro Bank PLCCUSIP G606401020.01%Add +53.6%43,000$60KNo quoteNo quote
51-ManifestSeven HoldingsCUSIP 5632591000.00%-59,500$6KNo quoteNo quote
52OSKOshkosh Truck-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 +3.9%3,638,900$1.01B
2GOOGAlphabet Class CCOMCALLSold0$0