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

1BRK-BBerkshire Hathaway37.09%Reduce -13.7%1,203,380$506.05M$420.5252w: $307.07 - $430.00; reported $420.52
2BNBrookfield Corp.9.32%Add +0.4%3,037,695$127.19M$41.8752w: $19.23 - $28.78; reported $41.87
3MKLMarkel8.61%Add +1.5%77,207$117.47M$1521.4852w: $1272.43 - $1560.00; reported $1521.48
4GOOGAlphabet8.57%Add +1.0%767,888$116.92M$152.2652w: $102.38 - $155.20; reported $152.26
5AERAerCap Holdings5.55%Reduce -0.9%871,891$75.78M$86.9152w: $53.42 - $87.90; reported $86.91
6LKQLKQ Corp4.83%Add +0.1%1,234,577$65.94M$53.4152w: $41.49 - $59.38; reported $53.41
7SUSuncor4.66%Reduce -1.6%1,721,025$63.52M$36.9152w: $27.59 - $36.98; reported $36.91
8FDXFedEx3.99%Reduce -0.4%188,037$54.48M$289.7452w: $172.29 - $234.71; reported $289.74
9KMXCarMax3.91%Add +0.5%612,181$53.33M$87.1152w: $59.66 - $88.22; reported $87.11
10FCNCAFirst Citizens3.33%Add +2.0%27,801$45.46M$1635.0252w: $938.87 - $1651.73; reported $1635.02
11-CimpressCUSIP 0452902552.19%Add +0.3%337,552$29.88MNo quoteNo quote
12HSYHershey Foods1.83%New128,588$25.01M$194.5052w: $178.82 - $276.88; reported $194.50
13BRK-ABerkshire Hathaway 'A'1.40%Reduce -23.1%30$19.03M$634440.0052w: $464694.00 - $647039.00; reported $634440.00
14DGXQuest Diagnostics1.32%Reduce -9.2%135,445$18.03M$133.1152w: $119.59 - $148.62; reported $133.11
15WWayfair0.81%Add +9.7%162,721$11.05M$67.8852w: $29.51 - $90.71; reported $67.88
16LSXMKLiberty Media SiriusXM0.44%New200,832$5.97MNo quoteNo quote
17AAPLApple0.41%Reduce -4.2%32,384$5.55M$171.4852w: $159.78 - $199.62; reported $171.48
18BACBank of America0.38%Reduce -1.2%135,408$5.13M$37.9252w: $24.96 - $38.00; reported $37.92
19MSFTMicrosoft0.18%Reduce -1.7%5,744$2.42M$420.7252w: $275.37 - $430.82; reported $420.72
20BAMBrookfield Asset Management0.17%Reduce -0.3%53,783$2.26M$42.0252w: $28.35 - $43.00; reported $42.02
21BHABiglari Cl A0.16%Add +1.9%2,394$2.21MNo quoteNo quote
22AMGNAmgen0.08%-3,720$1.06M$284.3252w: $211.71 - $329.72; reported $284.32
23TRUPTrupanion Inc.0.07%Add +34.8%32,355$893.32K$27.6152w: $18.45 - $45.50; reported $27.61
24XTIShares Exponential Technologi0.05%-12,450$742.27K$59.62No quote
25CDLXCardlytics0.05%Add +83.1%42,475$615.46K$14.4952w: $32.60 - $205.20; reported $14.49
26CATCaterpillar Tractor0.04%Reduce -5.8%1,617$592.52K$366.4352w: $204.04 - $367.22; reported $366.43
27GEGeneral Electric0.04%-3,327$583.99K$175.5352w: $74.60 - $143.94; reported $175.53
28GSGoldman Sachs0.04%-1,230$513.76K$417.6952w: $289.36 - $419.20; reported $417.69
29GOOGLAlphabet Class A0.04%-3,370$508.63K$150.9352w: $101.93 - $153.78; reported $150.93
30SPYSPDR S&P 5000.04%-965$504.76K$523.0752w: $403.74 - $524.61; reported $523.07
31AMZNAmazon Com0.03%-2,520$454.56K$180.3852w: $97.71 - $181.70; reported $180.38
32TSLATesla Motors0.03%-2,478$435.61K$175.7952w: $152.37 - $299.29; reported $175.79
33COPConocophillips0.03%-3,404$433.26K$127.2852w: $95.70 - $128.64; reported $127.28
34DISDisney (Walt)0.03%-3,360$411.13K$122.3652w: $78.73 - $123.74; reported $122.36
35MATXMatson Inc.0.03%Reduce -8.7%3,396$381.67KNo quoteNo quote
36UBERUber0.03%Reduce -4.3%4,500$346.46K$76.9952w: $29.22 - $82.14; reported $76.99
37RTXRaytheon Technologies0.02%-3,489$340.28K$97.5352w: $68.56 - $104.91; reported $97.53
38VZVerizon0.02%Reduce -18.2%7,400$310.5K$41.9652w: $30.14 - $43.21; reported $41.96
39FASTFastenal0.02%-3,960$305.47K$77.1452w: $25.15 - $39.52; reported $77.14
40ITWIllinois Tool Works0.02%-1,100$295.16K$268.3352w: $217.06 - $271.15; reported $268.33
41WFCWells Fargo0.02%Reduce -26.2%5,063$293.45K$57.9652w: $36.27 - $58.44; reported $57.96
42SRESempra Energy0.02%-3,799$272.86KNo quoteNo quote
43BHBiglari Holdings0.02%New1,275$241.84K$189.68No quote
44TSNTyson Foods0.02%-4,050$237.86K$58.7352w: $44.94 - $63.28; reported $58.73
45CVXChevron0.02%-1,500$236.61K$157.7452w: $139.62 - $172.88; reported $157.74
46SCHGSchwab US Large Cap Growth0.02%-2,450$227.16K$92.72No quote
47TMHCTaylor Morrison Home0.02%New3,400$211.38K$62.1752w: $36.15 - $62.64; reported $62.17
48PGProcter & Gamble0.02%New1,300$210.93K$162.2552w: $141.45 - $163.14; reported $162.25
49-Metro Bank HoldingsCUSIP G606431060.00%-32,500$13.24KNo quoteNo quote
50BABoeing Co-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 -3.3%3,991,500$1.68B