Courant Investment Management is an investment fund managing more than $107 billion ran by Claude Leveille. There are currently 9 companies in Mr. Leveille’s portfolio. The largest investments include Progressive Corp Com and Jpmorgan Chase &co. Com, together worth $47.3 billion.
As of 10th July 2024, Courant Investment Management’s top holding is 116,170 shares of Progressive Corp Com currently worth over $24.1 billion and making up 22.6% of the portfolio value.
In addition, the fund holds 114,592 shares of Jpmorgan Chase &co. Com worth $23.2 billion.
The third-largest holding is Carmax Inc worth $18.2 billion and the next is Schwab Charles Corp Com worth $14.6 billion, with 198,499 shares owned.
Currently, Courant Investment Management's portfolio is worth at least $107 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Courant Investment Management office and employees reside in Franklin, Tennessee. According to the last 13-F report filed with the SEC, Claude Leveille serves as the Managing Member at Courant Investment Management.
In the most recent 13F filing, Courant Investment Management revealed that it had opened a new position in
Ulta Beauty Inc and bought 11,000 shares worth $4.24 billion.
On the other hand, there are companies that Courant Investment Management is getting rid of from its portfolio.
Courant Investment Management closed its position in Berkshire Hathaway on 17th July 2024.
It sold the previously owned 26,872 shares for $11.3 billion.
Claude Leveille also disclosed a decreased stake in Progressive Corp Com by approximately 0.1%.
This leaves the value of the investment at $24.1 billion and 116,170 shares.
The two most similar investment funds to Courant Investment Management are Mosley Wealth Management and Muirfield Wealth Advisors. They manage $107 billion and $107 billion respectively.
Courant Investment Management’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 21.0% of
the total portfolio value.
The fund focuses on investments in the United States as
55.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
44% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $169 billion.
These positions were updated on July 17th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Progressive Corp Com |
8.62%
116,170
|
$24,129,671,000 | 22.65% |
| Jpmorgan Chase &co. Com |
No change
114,592
|
$23,177,378,000 | 21.75% |
| Carmax Inc |
No change
247,520
|
$18,153,117,000 | 17.04% |
| Schwab Charles Corp Com |
No change
198,499
|
$14,627,391,000 | 13.73% |
| Berkshire Hathaway Inc. |
Closed
26,872
|
$11,300,213,000 | |
| Lowes Companies Inc Com Usd0.50 |
No change
50,000
|
$11,023,000,000 | 10.34% |
| Berkshire Hathaway Inc. |
No change
10
|
$6,122,410,000 | 5.75% |
| Ulta Beauty Inc |
Opened
11,000
|
$4,244,570,000 | 3.98% |
| Bread Financial Holdings Inc |
No change
72,000
|
$3,208,320,000 | 3.01% |
| Deere & Co. |
No change
5,000
|
$1,868,150,000 | 1.75% |
| No transactions found | |||
| Showing first 500 out of 10 holdings | |||