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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 49 of 53 rows. Rows without a quote are marked unavailable.

1BRK-BBerkshire Hathaway34.23%Add +0.3%1,075,160$540.53M$502.7452w: $437.90 - $542.07; reported $502.74
2BNBrookfield Corp.12.72%Reduce -0.5%2,929,168$200.88M$68.5852w: $29.07 - $49.47; reported $68.58
3GOOGAlphabet11.03%Reduce -0.9%715,352$174.22M$243.5552w: $142.66 - $256.70; reported $243.55
4MKLMarkel9.39%Reduce -0.3%77,545$148.22M$1911.3652w: $1521.25 - $2075.92; reported $1911.36
5AERAerCap Holdings6.37%Reduce -0.8%831,737$100.64M$121.0052w: $85.57 - $125.45; reported $121.00
6FCNCAFirst Citizens4.01%Add +3.1%35,364$63.27M$1789.1552w: $1473.62 - $2412.93; reported $1789.15
7DISDisney (Walt)3.15%Add +0.2%434,268$49.72M$114.5052w: $80.10 - $124.69; reported $114.50
8LKQLKQ Corp3.08%Add +0.1%1,591,318$48.6M$30.5452w: $28.92 - $44.82; reported $30.54
9SIRISirius XM3.04%Add +76.7%2,061,843$47.99M$23.2752w: $18.69 - $29.18; reported $23.27
10FDXFedEx2.99%Add +0.6%200,188$47.21M$235.8152w: $156.57 - $248.61; reported $235.81
11HSYHershey Foods2.24%Add +1.4%189,169$35.38M$187.0552w: $140.13 - $208.03; reported $187.05
12KMXCarMax1.71%Add +0.2%600,043$26.92M$44.8752w: $42.75 - $91.25; reported $44.87
13-CimpressCUSIP 0452902551.53%Add +4.4%384,287$24.23MNo quoteNo quote
14BRK-ABerkshire Hathaway 'A'1.39%-29$21.87M$754200.0052w: $657498.00 - $812855.00; reported $754200.00
15WWayfair0.95%Add +0.5%167,850$14.99M$89.3352w: $20.41 - $91.77; reported $89.33
16AAPLApple0.41%Reduce -4.8%25,395$6.47M$254.6352w: $169.21 - $260.10; reported $254.63
17BACBank of America0.26%Reduce -4.1%80,651$4.16M$51.5952w: $33.07 - $52.88; reported $51.59
18BHABiglari Cl A0.22%Reduce -4.3%2,212$3.42MNo quoteNo quote
19MSFTMicrosoft0.20%-6,126$3.17M$517.9452w: $344.79 - $555.45; reported $517.94
20TRUPTrupanion Inc.0.11%Reduce -4.9%40,980$1.77M$43.2852w: $31.00 - $57.90; reported $43.28
21AMGNAmgen0.07%Add +2.4%3,885$1.1M$282.2052w: $253.30 - $335.88; reported $282.20
22TSLATesla Motors0.07%Reduce -3.1%2,450$1.09M$444.7252w: $212.11 - $488.54; reported $444.72
23GSGoldman Sachs0.06%-1,230$979.51K$796.3552w: $439.38 - $825.25; reported $796.35
24GEGeneral Electric0.06%-3,240$974.66K$300.8252w: $159.36 - $307.25; reported $300.82
25GOOGLAlphabet Class A0.06%Add +0.1%3,623$880.8K$243.1152w: $140.53 - $256.00; reported $243.11
26CATCaterpillar Tractor0.05%-1,717$819.27K$477.1552w: $267.30 - $485.34; reported $477.15
27AMZNAmazon Com0.04%-3,143$690.14K$219.5852w: $161.38 - $242.52; reported $219.58
28BAMBrookfield Asset Management0.04%-11,586$659.71K$56.9452w: $41.78 - $64.10; reported $56.94
29SPYSPDR S&P 5000.04%-965$642.86K$666.1852w: $481.80 - $667.34; reported $666.18
30XTIShares Exponential Technologi0.04%-8,800$633.08K$71.94No quote
31GEVGE Vernova0.04%-988$607.52K$614.9052w: $248.50 - $677.29; reported $614.90
32RTXRaytheon Technologies0.04%-3,489$583.81K$167.3352w: $112.27 - $168.28; reported $167.33
33UBERUber0.03%Reduce -2.0%4,890$479.07K$97.9752w: $59.33 - $101.99; reported $97.97
34BHBiglari Holdings0.03%-1,340$433.69K$323.65No quote
35GLWCorning0.03%-5,050$414.25K$82.0352w: $37.31 - $82.21; reported $82.03
36NVDANvidia0.03%Add +1.4%2,147$400.59K$186.5852w: $86.62 - $187.35; reported $186.58
37FASTFastenal0.02%-7,920$388.4K$49.0452w: $34.69 - $50.63; reported $49.04
38QQQPowershares QQQ Trust0.02%Reduce -10.6%641$384.84K$600.3752w: $402.39 - $602.87; reported $600.37
39WFCWells Fargo0.02%-4,413$369.9K$83.8252w: $54.41 - $86.66; reported $83.82
40COPConocophillips0.02%-3,334$315.36K$94.5952w: $79.88 - $116.08; reported $94.59
41SCHGSchwab US Large Cap Growth0.02%-9,800$312.72K$31.91No quote
42JPMJPMorgan Chase0.02%Add +0.1%954$300.92K$315.4352w: $202.16 - $318.01; reported $315.43
43ITWIllinois Tool Works0.02%-1,100$286.84K$260.7652w: $214.66 - $279.13; reported $260.76
44BABoeing Co0.02%-1,245$268.71K$215.8352w: $128.88 - $242.69; reported $215.83
45VZVerizon0.02%Add +0.3%5,840$256.68K$43.9552w: $37.59 - $47.36; reported $43.95
46DGXQuest Diagnostics0.02%-1,300$247.76K$190.5852w: $146.17 - $191.49; reported $190.58
47UNHUnitedHealth0.02%New715$246.89K$345.3052w: $234.60 - $630.73; reported $345.30
48METAMeta Platforms Inc.0.02%-336$246.75K$734.3852w: $479.80 - $796.25; reported $734.38
49CVXChevron0.01%New1,350$209.64K$155.2952w: $132.04 - $168.96; reported $155.29
50CFGCitizens Financial Group0.01%New3,800$202.01K$53.1652w: $32.60 - $54.50; reported $53.16
52SUSuncor-Sold0$0No quoteNo quote
51CDLXCardlytics-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 -2.4%2,893,900$1.45B