Check Capital Management Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 30, 2025), Check Capital Management Inc. reported 53 stock positions worth $1.5 billion. Its top holding was Berkshire Hathaway Class B (BRK.B) at 33.1% of the portfolio, followed by Brookfield (BN, 11.4%) and Google Class C (GOOG, 9.3%). Compared with Q3 2024, it opened 5 new positions, sold out of 2, added to 7 and reduced 20. The biggest buy was Walt Disney (DIS, shares +13386%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −1%).

Most Recent 13F
Q2 2026
Location
COSTA MESA, CA
CIK
0001032814
Portfolio Value
$1.5B (Q4 2024)
SEC Filing
0001032814-25-000002 ↗ filed Jan 30, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.4B Q1 2024 Q2 2024: $1.4B Q2 2024 Q3 2024: $1.4B Q3 2024 Q4 2024: $1.5B $1.5B Q4 2024 Q1 2025: $1.5B Q1 2025 Q2 2025: $1.5B Q2 2025 Q3 2025: $1.6B Q3 2025 Q4 2025: $1.7B Q4 2025 Q1 2026: $1.6B Q1 2026 Q2 2026: $1.8B Q2 2026

Holdings 53 stocks · $1.5B
BRK.B Berkshire Hathaway Inc. Class B 33.06% 1,101,942 $499.5M Reduce -1.1%
BN Brookfield Corp. 11.40% 2,996,978 $172.2M Reduce -1.3%
GOOG Google LLC Class C filed as ALPHABET INC CLASS C 9.28% 736,207 $140.2M Reduce -2.4%
MKL Markel Group Inc. 8.82% 77,165 $133.2M Reduce -0.2%
AER Aercap Holdings NV 5.47% 862,802 $82.6M Reduce -1.4%
FCNCA First Citizens Bcshs Class A 4.70% 33,599 $71.0M Add +20.0%
SU Suncor Energy Inc. 4.02% 1,701,665 $60.7M Reduce -0.5%
LKQ LKQ Corp. 3.87% 1,590,037 $58.4M Reduce -1.8%
FDX FedEx Corp. 3.48% 187,002 $52.6M Reduce -0.0%
KMX Carmax Inc. 3.32% 612,663 $50.1M Reduce -0.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 3.24% 438,971 $48.9M Add +13386.0%
HSY The Hershey Co. 2.07% 184,577 $31.3M Add +34.1%
SIRI Sirius XM Holdings Inc. 1.73% 1,145,731 $26.1M Add +597.7%
Cimpress 1.66% 349,232 $25.0M Add +1.4%
BRK.A Berkshire Hathaway Inc. Class A 1.35% 30 $20.4M No change
W Wayfair Inc. Class A 0.48% 164,600 $7.3M Reduce -17.5%
AAPL Apple Inc. 0.46% 27,782 $7.0M Reduce -12.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.27% 93,089 $4.1M Reduce -6.0%
BH.A Biglari Holdings Inc. Class A 0.20% 2,314 $3.0M Reduce -3.1%
MSFT Microsoft Corp. 0.17% 5,996 $2.5M No change
TRUP Trupanion Inc. 0.13% 40,885 $2.0M Reduce -1.4%
TSLA Tesla Inc. 0.07% 2,478 $1.0M No change
AMGN Amgen Inc. 0.07% 3,795 $989K No change
XT Ishar Fture Exp Tech ETF-Usd 0.05% 12,450 $743K No change
GS Goldman Sachs Group Inc. 0.05% 1,230 $704K No change
GOOGLE LLC-CL A 0.04% 3,411 $646K Reduce -3.4%
AMZN Amazon.com Inc. 0.04% 2,903 $637K No change
BAM Brookfield Asset Mgmt-A 0.04% 11,536 $625K Reduce -78.0%
CAT Caterpillar Inc. 0.04% 1,717 $623K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.04% 978 $573K Add +1.4%
GE General Electric Company 0.04% 3,327 $555K No change
RTX RTX Corp. 0.03% 3,489 $404K No change
WFC Wells Fargo & Co. 0.02% 4,913 $345K No change
BIGLARI HLDGS INC 0.02% 1,340 $341K No change
COP Conocophillips 0.02% 3,334 $331K No change
GEV GE Vernova Inc. 0.02% 988 $325K No change
FAST Fastenal Co. 0.02% 3,960 $285K No change
ITW Illinois Tool Works 0.02% 1,100 $279K No change
SCHG Schwab US Large-Cap Growth 0.02% 9,800 $273K No change
GLW Corning Inc. 0.02% 5,050 $240K No change
VZ Verizon Communications Inc. 0.02% 5,787 $231K Reduce -10.6%
JPM JPMorgan Chase & Co. 0.01% 941 $226K New
BA The Boeing Co. 0.01% 1,245 $220K New
CVX Chevron Corp. 0.01% 1,500 $217K Reduce -0.7%
DGX Quest Diagnostics Inc. 0.01% 1,435 $216K No change
NVDA Nvidia Corp. 0.01% 1,600 $215K New
UBER Uber Technologies Inc. 0.01% 3,500 $211K No change
CDLX Cardlytics Inc. 0.01% 56,200 $209K Add +11.0%
TMHC Taylor Morrison Home Corp. 0.01% 3,400 $208K No change
CFG Citizens Financial Group 0.01% 4,700 $206K New
SRE Sempra 0.01% 2,299 $202K Reduce -39.5%
PG The Procter & Gamble Co. 0.01% 1,200 $201K Reduce -7.7%
OKE Oneok Inc. 0.01% 2,000 $201K New

Options reported separately and not counted above: BRK.B calls ($1.8B).

Portfolio Sells Q3 2024 → Q4 2024
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.1% 33.06% −3.46
LKQ LKQ Corp. Reduce -1.8% 3.87% −0.73
SU Suncor Energy Inc. Reduce -0.5% 4.02% −0.48
AER Aercap Holdings NV Reduce -1.4% 5.47% −0.43
W Wayfair Inc. Class A Reduce -17.5% 0.48% −0.31
FDX FedEx Corp. Reduce -0.0% 3.48% −0.16
BAM Brookfield Asset Mgmt-A Reduce -78.0% 0.04% −0.14
BN Brookfield Corp. Reduce -1.3% 11.40% −0.09
KMX Carmax Inc. Reduce -0.3% 3.32% −0.07
AAPL Apple Inc. Reduce -12.0% 0.46% −0.06
TSN Tyson Foods Inc. Class A Sold out 0.00% −0.02
SRE Sempra Reduce -39.5% 0.01% −0.01
BAC Bank of America Corp. Reduce -6.0% 0.27% −0.01
VZ Verizon Communications Inc. Reduce -10.6% 0.02% −0.01
PG The Procter & Gamble Co. Reduce -7.7% 0.01% −0.00
CVX Chevron Corp. Reduce -0.7% 0.01% −0.00
MTRBF Metro Bank Holdings PLC Sold out 0.00% −0.00
GOOGLE LLC-CL A Reduce -3.4% 0.04% +0.00
TRUP Trupanion Inc. Reduce -1.4% 0.13% +0.01
BH.A Biglari Holdings Inc. Class A Reduce -3.1% 0.20% +0.05
MKL Markel Group Inc. Reduce -0.2% 8.82% +0.18
GOOG Google LLC Class C Reduce -2.4% 9.28% +0.30

Portfolio Buys Q3 2024 → Q4 2024
DIS The Walt Disney Co. Add +13386.0% 3.24% +3.21
SIRI Sirius XM Holdings Inc. Add +597.7% 1.73% +1.45
FCNCA First Citizens Bcshs Class A Add +20.0% 4.70% +1.03
HSY The Hershey Co. Add +34.1% 2.07% +0.19
JPM JPMorgan Chase & Co. New 0.01% +0.01
BA The Boeing Co. New 0.01% +0.01
NVDA Nvidia Corp. New 0.01% +0.01
CFG Citizens Financial Group New 0.01% +0.01
OKE Oneok Inc. New 0.01% +0.01
CDLX Cardlytics Inc. Add +11.0% 0.01% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +1.4% 0.04% −0.00
Cimpress Add +1.4% 1.66% −0.35

Options Activity Q3 2024 → Q4 2024
BRK.B Berkshire Hathaway Inc. Class B call Add +1.6% 4,072,600 $1.8B

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 52$1.8BBRK.B, GOOG, BN, MKL, AER
Q1 2026 49$1.6BBRK.B, GOOG, BN, MKL, AER
Q4 2025 50$1.7BBRK.B, GOOG, BN, MKL, AER
Q3 2025 50$1.6BBRK.B, BN, GOOG, MKL, AER
Q2 2025 49$1.5BBRK.B, BN, MKL, GOOG, AER
Q1 2025 50$1.5BBRK.B, BN, MKL, GOOG, AER
Q4 2024 53$1.5BBRK.B, BN, GOOG, MKL, AER
Q3 2024 50$1.4BBRK.B, BN, GOOG, MKL, AER
Q2 2024 49$1.4BBRK.B, GOOG, BN, MKL, AER
Q1 2024 49$1.4BBRK.B, BN, MKL, GOOG, AER