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Portfolio (Quarterly) Guide ↗

Venator Management LLC

· CIK 0001838211
13F Portfolio $444M AUM 27 positions Filed Aug 13, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q4 2025 · All 5 New 4 Added 12 Reduced 5 Exited
Page 2 of 2  ·  27 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 ELV Elevance Health, Inc. Healthcare 4,480.0 $1.7M 0.39% -23K -83.8% $386.73 +3.1%
22 Berkshire Hathaway Inc. Clas 2.0 $1.5M 0.34% $748850.00
23 TMUS T-Mobile US Inc. Communication Services 4,350.0 $730K 0.16% -850.0 -16.4% $167.73 +8.3%
24 Wells Fargo Perp Pfd Cnv A 550.0 $636K 0.14% +100.0 +22.2% $1157.00
25 MRSH Marsh & McLennan Companies, Financial Services 1,800.0 $300K 0.07% -900.0 -33.3% $166.67 +16.0%
26 AJG Arhur J. Gallagher & Co. Financial Services 1,000.0 $230K 0.05% NEW $229.57 +17.0%
27 BRO Brown & Brown, Inc. Financial Services 3,200.0 $205K 0.05% NEW $64.15 +14.3%
Page 2 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 29.0%
Financial Services 26.5%
Consumer Cyclical 24.1%
Technology 16.6%
Basic Materials 2.6%
Healthcare 1.3%