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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 49 rows. Rows without a quote are marked unavailable.

1BRK-BBerkshire Hathaway35.77%Reduce -0.7%1,273,043$449.27M$352.9152w: $254.80 - $362.10; reported $352.91
2BAMBrookfield Asset Mgmt10.25%Reduce -2.0%2,275,468$128.72M$56.57No quote
3GOOGAlphabet Class C7.44%Reduce -1.4%33,473$93.49M$2793.0052w: $104.84 - $152.10; reported $2793.00
4SUSuncor5.23%Reduce -1.1%2,014,531$65.65M$32.5952w: $17.10 - $34.09; reported $32.59
5LKQLKQ Corp4.86%Reduce -1.0%1,343,823$61.02M$45.4152w: $41.98 - $60.43; reported $45.41
6MKLMarkel4.84%Add +0.6%41,221$60.81M$1475.2452w: $1138.00 - $1513.00; reported $1475.24
7KMXCarMax3.97%Add +0.2%517,325$49.91M$96.4852w: $95.04 - $155.98; reported $96.48
8FDXFedEx3.84%Add +0.3%208,257$48.19M$231.3952w: $160.38 - $257.78; reported $231.39
9AERAerCap Holdings3.44%Reduce -0.6%859,376$43.21M$50.2852w: $43.75 - $71.38; reported $50.28
10QSRRestaurant Brands3.33%Add +0.5%715,622$41.79M$58.3952w: $53.47 - $71.12; reported $58.39
11WFCWells Fargo3.06%Reduce -6.6%791,728$38.37M$48.4652w: $38.92 - $60.30; reported $48.46
12-Cimpress NVCUSIP 0452902552.19%Add +3.9%432,858$27.53MNo quoteNo quote
13BRK-ABerkshire Hathaway 'A'2.02%-48$25.39M$528916.6752w: $385702.00 - $544389.00; reported $528916.67
14AAPAdvance Auto Parts2.00%Add +1.3%121,095$25.06M$206.9652w: $179.60 - $244.55; reported $206.96
15DGXQuest Diagnostics1.96%Add +0.7%179,403$24.55M$136.8652w: $125.69 - $174.16; reported $136.86
16WWayfair1.62%Add +13.2%184,168$20.4M$110.7852w: $100.57 - $343.80; reported $110.78
17BFHBread Financial Holdings1.46%Add +1.6%326,922$18.36M$56.1552w: $53.30 - $102.28; reported $56.15
18DISDisney (Walt)0.50%Add +12.5%45,936$6.3M$137.1752w: $128.38 - $191.67; reported $137.17
19AAPLApple0.47%Reduce -2.2%33,866$5.91M$174.6052w: $122.25 - $182.94; reported $174.60
20LYLTLoyalty Ventures0.38%Reduce -4.6%291,354$4.82MNo quoteNo quote
21BACBank of America0.28%Add +15.2%86,204$3.55M$41.2252w: $36.51 - $50.11; reported $41.22
22MSFTMicrosoft0.15%Add +0.2%6,029$1.86M$308.3452w: $238.05 - $349.67; reported $308.34
23VZVerizon0.14%Reduce -51.1%33,428$1.7M$50.9552w: $49.69 - $59.85; reported $50.95
24BHABiglari Cl A0.13%Add +2.2%2,344$1.66MNo quoteNo quote
25TRUPTrupanion Inc.0.11%Add +3.8%15,290$1.36M$89.1452w: $69.74 - $158.25; reported $89.14
26AMGNAmgen0.07%-3,770$912K$241.9152w: $198.64 - $261.00; reported $241.91
27TSLATesla Motors0.04%-501$540K$1077.8452w: $182.33 - $414.50; reported $1077.84
28XTIShares Exponential Technologi0.04%Add +13.5%8,400$496K$59.05No quote
29GSGoldman Sachs0.04%-1,330$439K$330.0852w: $318.55 - $426.16; reported $330.08
30AMZNAmazon Com0.03%Reduce -5.3%126$411K$3261.9052w: $133.57 - $188.65; reported $3261.90
31FASTFastenal0.03%-6,760$402K$59.4752w: $24.29 - $32.38; reported $59.47
32CATCaterpillar Tractor0.03%Reduce -1.9%1,717$383K$223.0652w: $179.67 - $246.69; reported $223.06
33SPYSPDR S&P 5000.03%Add +2.0%816$369K$452.2152w: $398.18 - $479.98; reported $452.21
34CDLXCardlytics0.03%New6,555$360K$54.9252w: $421.10 - $1450.00; reported $54.92
35COPConocophillips0.03%-3,404$340K$99.8852w: $47.85 - $107.52; reported $99.88
36EWEdwards Lifesciences0.03%Add +50.0%2,700$318K$117.7852w: $83.12 - $131.73; reported $117.78
37GOOGLAlphabet Class A0.02%Reduce -61.4%112$312K$2785.7152w: $104.57 - $151.55; reported $2785.71
38CVXChevron0.02%Reduce -1.4%1,702$277K$162.7552w: $92.86 - $174.76; reported $162.75
39GEGeneral Electric0.02%New2,934$268K$91.3452w: $53.14 - $72.38; reported $91.34
40QCOMQualcomm0.02%-1,635$250K$152.9152w: $122.17 - $193.58; reported $152.91
41ITWIllinois Tool Works0.02%-1,100$230K$209.0952w: $202.80 - $249.81; reported $209.09
42CCitigroup0.02%-4,048$216K$53.3652w: $53.36 - $80.29; reported $53.36
43CFGCitizens Financial Group0.02%-4,700$213K$45.3252w: $39.55 - $57.00; reported $45.32
44HBIHanesbrands0.02%Reduce -84.0%13,755$205KNo quoteNo quote
45-Metro Bank PLCCUSIP G606401020.00%Reduce -1.2%42,500$50KNo quoteNo quote
48USBUS Bancorp-Sold0$0No quoteNo quote
47SCHGSchwab US Large Cap Growth-Sold0$0No quoteNo quote
46COFCapital One Fin'l-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 HathawayCOMCALLReduce -0.4%3,712,000$1.31B