Courant Investment Management LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 21, 2024), Courant Investment Management LLC reported 9 stock positions worth $119.0 million. Its top holding was Progressive (PGR) at 24.8% of the portfolio, followed by JPMorgan Chase (JPM, 19.4%) and Carmax (KMX, 16.1%). Compared with Q2 2024, it added to 1 and reduced 2. The biggest buy was Ulta Beauty (ULTA, shares +109%) and the biggest sale JPMorgan Chase (JPM, shares −4%).

Most Recent 13F
Q2 2026
Location
FRANKLIN, TN
CIK
0001695426
Portfolio Value
$119.0M (Q3 2024)
SEC Filing
0001398344-24-019094 ↗ filed Oct 21, 2024

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $120.3M Q1 2024 Q2 2024: $106.6M Q2 2024 Q3 2024: $119.0M $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 · $119.0M
PGR Progressive Corp. 24.76% 116,170 $29.5M No change
JPM JPMorgan Chase & Co. 19.41% 109,592 $23.1M Reduce -4.4%
KMX Carmax Inc. 16.09% 247,520 $19.2M No change
LOW Lowe's Cos Inc. 11.38% 50,000 $13.5M No change
SCHW Schwab (charles) Corp. 10.81% 198,499 $12.9M No change
ULTA Ulta Beauty Inc. 7.52% 23,000 $8.9M Add +109.1%
BRK.A Berkshire Hathaway Inc. Class A 5.81% 10 $6.9M No change
BFH Bread Financial Holdings Inc. 2.48% 62,000 $2.9M Reduce -13.9%
DE Deere & Co. 1.75% 5,000 $2.1M No change

Portfolio Sells Q2 2024 → Q3 2024
JPM JPMorgan Chase & Co. Reduce -4.4% 19.41% −2.34
BFH Bread Financial Holdings Inc. Reduce -13.9% 2.48% −0.53

Portfolio Buys Q2 2024 → Q3 2024
ULTA Ulta Beauty Inc. Add +109.1% 7.52% +3.53

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