Courant Investment Management LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 17, 2024), Courant Investment Management LLC reported 9 stock positions worth $106.6 million. Its top holding was Progressive (PGR) at 22.6% of the portfolio, followed by JPMorgan Chase (JPM, 21.8%) and Carmax (KMX, 17.0%). Compared with Q1 2024, it opened 1 new position, sold out of 1 and reduced 1. The biggest buy was a new position in Ulta Beauty (ULTA) and the biggest sale an exit from Berkshire Hathaway Class B (BRK.B).

Most Recent 13F
Q2 2026
Location
FRANKLIN, TN
CIK
0001695426
Portfolio Value
$106.6M (Q2 2024)
SEC Filing
0001398344-24-012747 ↗ filed Jul 17, 2024

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $120.3M Q1 2024 Q2 2024: $106.6M $106.6M Q2 2024 Q3 2024: $119.0M Q3 2024 Q4 2024: $118.2M Q4 2024 Q1 2025: $119.4M Q1 2025 Q2 2025: $123.5M Q2 2025 Q3 2025: $126.5M Q3 2025 Q4 2025: $110.6M Q4 2025 Q1 2026: $102.4M Q1 2026 Q2 2026: $103.0M Q2 2026

Holdings 9 stocks · $106.6M
PGR Progressive Corp. 22.65% 116,170 $24.1M Reduce -8.6%
JPM JPMorgan Chase & Co. 21.75% 114,592 $23.2M No change
KMX Carmax Inc. 17.04% 247,520 $18.2M No change
SCHW Schwab (charles) Corp. 13.73% 198,499 $14.6M No change
LOW Lowe's Cos Inc. 10.35% 50,000 $11.0M No change
BRK.A Berkshire Hathaway Inc. Class A 5.75% 10 $6.1M No change
ULTA Ulta Beauty Inc. 3.98% 11,000 $4.2M New
BFH Bread Financial Holdings Inc. 3.01% 72,000 $3.2M No change
DE Deere & Co. 1.75% 5,000 $1.9M No change

Portfolio Sells Q1 2024 → Q2 2024
BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −9.39
PGR Progressive Corp. Reduce -8.6% 22.65% +0.79

Portfolio Buys Q1 2024 → Q2 2024
ULTA Ulta Beauty Inc. New 3.98% +3.98

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 7$103.0MPGR, JPM, SCHW, LOW, ULTA
Q1 2026 7$102.4MPGR, JPM, SCHW, LOW, ULTA
Q4 2025 6$110.6MJPM, PGR, SCHW, ULTA, FISV
Q3 2025 7$126.5MJPM, PGR, SCHW, ULTA, LOW
Q2 2025 8$123.5MPGR, JPM, SCHW, KMX, ULTA
Q1 2025 8$119.4MPGR, JPM, KMX, SCHW, LOW
Q4 2024 8$118.2MPGR, JPM, KMX, SCHW, LOW
Q3 2024 9$119.0MPGR, JPM, KMX, LOW, SCHW
Q2 2024 9$106.6MPGR, JPM, KMX, SCHW, LOW
Q1 2024 9$120.3MPGR, JPM, KMX, SCHW, LOW