Courant Investment Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 21, 2025), Courant Investment Management LLC reported 8 stock positions worth $118.2 million. Its top holding was Progressive (PGR) at 23.6% of the portfolio, followed by JPMorgan Chase (JPM, 19.3%) and Carmax (KMX, 17.1%). Compared with Q3 2024, it sold out of 1, added to 1 and reduced 1. The biggest buy was Ulta Beauty (ULTA, shares +14%) and the biggest sale an exit from Bread Financial (BFH).
- Most Recent 13F
- Q2 2026
- Location
- FRANKLIN, TN
- CIK
- 0001695426
- Portfolio Value
- $118.2M (Q4 2024)
- SEC Filing
- 0001398344-25-000810 ↗ filed Jan 21, 2025
Holdings Value
Holdings 8 stocks · $118.2M
| PGR Progressive Corp. | 23.56% | 116,170 | $27.8M | No change |
| JPM JPMorgan Chase & Co. | 19.25% | 94,897 | $22.7M | Reduce -13.4% |
| KMX Carmax Inc. | 17.13% | 247,520 | $20.2M | No change |
| SCHW Schwab (charles) Corp. | 12.43% | 198,499 | $14.7M | No change |
| LOW Lowe's Cos Inc. | 10.44% | 50,000 | $12.3M | No change |
| ULTA Ulta Beauty Inc. | 9.63% | 26,173 | $11.4M | Add +13.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 5.76% | 10 | $6.8M | No change |
| DE Deere & Co. | 1.79% | 5,000 | $2.1M | No change |
Portfolio Sells Q3 2024 → Q4 2024
Portfolio Buys Q3 2024 → Q4 2024
| ULTA Ulta Beauty Inc. | Add +13.8% | 9.63% | +2.12 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 7 | $103.0M | PGR, JPM, SCHW, LOW, ULTA |
| Q1 2026 | 7 | $102.4M | PGR, JPM, SCHW, LOW, ULTA |
| Q4 2025 | 6 | $110.6M | JPM, PGR, SCHW, ULTA, FISV |
| Q3 2025 | 7 | $126.5M | JPM, PGR, SCHW, ULTA, LOW |
| Q2 2025 | 8 | $123.5M | PGR, JPM, SCHW, KMX, ULTA |
| Q1 2025 | 8 | $119.4M | PGR, JPM, KMX, SCHW, LOW |
| Q4 2024 | 8 | $118.2M | PGR, JPM, KMX, SCHW, LOW |
| Q3 2024 | 9 | $119.0M | PGR, JPM, KMX, LOW, SCHW |
| Q2 2024 | 9 | $106.6M | PGR, JPM, KMX, SCHW, LOW |
| Q1 2024 | 9 | $120.3M | PGR, JPM, KMX, SCHW, LOW |