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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 37 of 43 rows. Rows without a quote are marked unavailable.

1BRK-BBerkshire Hathaway38.96%Reduce 0.0%1,360,222$463.84M$341.0052w: $259.85 - $342.50; reported $341.00
2BNBrookfield Corp.8.52%Add +1.0%3,012,723$101.38M$33.6552w: $18.83 - $29.15; reported $33.65
3MKLMarkel8.36%Add +5.2%71,999$99.59M$1383.1752w: $1064.09 - $1458.56; reported $1383.17
4GOOGAlphabet7.88%Reduce -2.8%775,883$93.86M$120.9752w: $83.45 - $129.55; reported $120.97
5LKQLKQ Corp5.84%Reduce -3.1%1,194,009$69.57M$58.2752w: $46.20 - $59.33; reported $58.27
6SUSuncor4.47%Reduce -2.9%1,815,960$53.24M$29.3252w: $26.43 - $37.23; reported $29.32
7AERAerCap Holdings4.45%Reduce -2.5%833,810$52.96M$63.5252w: $37.87 - $66.85; reported $63.52
8KMXCarMax4.38%Reduce -2.4%622,824$52.13M$83.7052w: $52.10 - $106.24; reported $83.70
9FDXFedEx4.14%Reduce -3.1%198,859$49.3M$247.9052w: $114.36 - $201.51; reported $247.90
10WFCWells Fargo2.73%Reduce -2.5%761,930$32.52M$42.6852w: $35.25 - $48.84; reported $42.68
11DGXQuest Diagnostics2.10%Reduce -2.6%178,086$25.03M$140.5652w: $120.40 - $158.34; reported $140.56
12BRK-ABerkshire Hathaway 'A'2.00%-46$23.82M$517810.0052w: $393012.00 - $522000.00; reported $517810.00
13-CimpressCUSIP 0452902551.90%Reduce -8.2%379,820$22.59MNo quoteNo quote
14FCNCAFirst Citizens1.10%New10,188$13.08M$1283.4552w: $505.84 - $1345.44; reported $1283.45
15WWayfair0.89%Reduce -10.2%162,513$10.56M$65.0152w: $28.11 - $76.35; reported $65.01
16AAPLApple0.56%-34,080$6.61M$193.9752w: $124.17 - $194.48; reported $193.97
17BACBank of America0.38%Add +2.9%157,886$4.53M$28.6952w: $26.32 - $38.60; reported $28.69
18DISDisney (Walt)0.27%Reduce -4.2%36,469$3.26M$89.2852w: $84.07 - $126.48; reported $89.28
19BHABiglari Cl A0.19%Reduce -0.2%2,342$2.22MNo quoteNo quote
20MSFTMicrosoft0.17%Reduce -2.1%5,804$1.98M$340.5452w: $213.43 - $351.47; reported $340.54
21BAMBrookfield Asset Management0.15%Reduce -0.5%55,935$1.83M$32.6352w: $26.76 - $36.50; reported $32.63
22AMGNAmgen0.07%-3,720$825.91K$222.0252w: $211.71 - $296.67; reported $222.02
23GOOGLAlphabet Class A0.04%Add +6.3%4,082$488.62K$119.7052w: $83.34 - $129.04; reported $119.70
24XTIShares Exponential Technologi0.04%-8,400$467.04K$55.60No quote
25CATCaterpillar Tractor0.04%-1,717$422.47K$246.0552w: $160.60 - $266.04; reported $246.05
26TSLATesla Motors0.03%Add +5.2%1,581$413.86K$261.7752w: $101.81 - $314.67; reported $261.77
27GSGoldman Sachs0.03%-1,230$396.72K$322.5452w: $277.84 - $389.58; reported $322.54
28VZVerizon0.03%Reduce -10.8%10,276$382.16K$37.1952w: $33.72 - $51.89; reported $37.19
29FASTFastenal0.03%Reduce -3.8%6,260$369.28K$58.9952w: $21.86 - $29.65; reported $58.99
30SPYSPDR S&P 5000.03%-816$361.72K$443.2852w: $348.11 - $444.30; reported $443.28
31COPConocophillips0.03%-3,404$352.69K$103.6152w: $78.30 - $138.49; reported $103.61
32TRUPTrupanion Inc.0.03%Add +5.8%17,350$341.45K$19.6852w: $18.45 - $82.49; reported $19.68
33GEGeneral Electric0.03%-3,067$336.91K$109.8552w: $37.34 - $88.00; reported $109.85
34AMZNAmazon Com0.03%-2,520$328.51K$130.3652w: $81.43 - $146.57; reported $130.36
35SRESempra Energy0.02%-1,899$276.52KNo quoteNo quote
36ITWIllinois Tool Works0.02%-1,100$275.18K$250.1652w: $173.52 - $253.37; reported $250.16
37CVXChevron0.02%-1,687$265.45K$157.3552w: $132.54 - $189.68; reported $157.35
38UBERUber0.02%New5,200$224.48K$43.1752w: $20.43 - $45.24; reported $43.17
39CDLXCardlytics0.01%Add +10.2%11,900$75.21K$6.3252w: $25.70 - $240.50; reported $6.32
40-Metro Bank HoldingsCUSIP G606431060.01%New42,500$64.3KNo quoteNo quote
42-Metro Bank PLCCUSIP G60640102-Sold0$0No quoteNo quote
41BFHBread Financial Holdings-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 +5.1%3,918,400$1.34B