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Portfolio (Quarterly) Guide ↗

Venator Management LLC

· CIK 0001838211
13F Portfolio $444M AUM 27 positions Filed Feb 12, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 5 New 8 Added 11 Reduced 3 Exited
Page 1 of 2  ·  27 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 GOOG Alphabet Inc. - Class C Communication Services 225,440.0 $70.7M 15.95% -2K -0.9% $313.80 +20.9%
2 AMZN Amazon.com Consumer Cyclical 232,257.0 $53.6M 12.08% +10K +4.5% $230.82 +15.4%
3 GOOGL Alphabet Inc. - Class A Communication Services 144,914.0 $45.4M 10.22% -1K -0.9% $313.00 +22.4%
4 V Visa Inc. Financial Services 124,071.0 $43.5M 9.81% +17K +15.8% $350.71 -6.2%
5 META Meta Platforms Inc. Communication Services 50,371.0 $33.2M 7.50% -2K -3.8% $660.09 -7.5%
6 UBER Uber Technologies Inc. Technology 353,155.0 $28.9M 6.50% -13K -3.6% $81.71 -12.1%
7 NFLX Netflix Inc. Communication Services 270,710.0 $25.4M 5.72% +246K +976.1% $93.76 -5.5%
8 NVR NVR Inc. Consumer Cyclical 2,924.0 $21.3M 4.81% +31.0 +1.1% $7292.77 -17.1%
9 The Baldwin Insurance Group, 773,695.0 $18.6M 4.19% $24.03
10 JPM JP Morgan Chase & Co. Financial Services 55,465.0 $17.9M 4.03% -600.0 -1.1% $322.22 -4.9%
11 COF Capital One Financial Financial Services 66,367.0 $16.1M 3.63% +4K +5.6% $242.36 -22.5%
12 ELV Elevance Health, Inc. Healthcare 27,630.0 $9.7M 2.18% $350.55 +12.6%
13 Berkshire Hathaway Inc. Clas 18,220.0 $9.2M 2.06% -138.0 -0.8% $502.65
14 SBUX Starbucks Corp. Consumer Cyclical 106,470.0 $9.0M 2.02% +5K +5.2% $84.21 +22.4%
15 TTAM Titan America SA Basic Materials 522,310.0 $8.6M 1.94% +64K +13.9% $16.48 -7.9%
16 UNH United Health Group Inc. Healthcare 24,560.0 $8.1M 1.83% -1K -3.9% $330.11 +17.7%
17 CZR Caesars Entertainment Inc. Consumer Cyclical 234,025.0 $5.5M 1.23% -28K -10.6% $23.39 +21.7%
18 FISV Fiserv, Inc. Technology 75,385.0 $5.1M 1.14% NEW $67.17 -14.9%
19 FCNCA First Citizens BancShares, I Financial Services 1,921.0 $4.1M 0.93% -171.0 -8.2% $2146.18 -7.2%
20 SATS EchoStar Corp. Technology 31,000.0 $3.4M 0.76% +5K +19.7% $108.70 +14.3%
Page 1 of 2  ·  27 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Communication Services 42.5%
Consumer Cyclical 22.1%
Financial Services 19.9%
Technology 9.0%
Healthcare 4.3%
Basic Materials 2.1%