Courant Investment Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), Courant Investment Management LLC reported 8 stock positions worth $119.4 million. Its top holding was Progressive (PGR) at 27.5% of the portfolio, followed by JPMorgan Chase (JPM, 19.5%) and Carmax (KMX, 16.2%). Compared with Q4 2024, it reduced 1. The biggest sale was Berkshire Hathaway Class A (BRK.A, shares −40%).
- Most Recent 13F
- Q2 2026
- Location
- FRANKLIN, TN
- CIK
- 0001695426
- Portfolio Value
- $119.4M (Q1 2025)
- SEC Filing
- 0001398344-25-007420 ↗ filed Apr 22, 2025
Holdings Value
Holdings 8 stocks · $119.4M
| PGR Progressive Corp. | 27.54% | 116,170 | $32.9M | No change |
| JPM JPMorgan Chase & Co. | 19.50% | 94,897 | $23.3M | No change |
| KMX Carmax Inc. | 16.16% | 247,520 | $19.3M | No change |
| SCHW Schwab (charles) Corp. | 13.02% | 198,499 | $15.5M | No change |
| LOW Lowe's Cos Inc. | 9.77% | 50,000 | $11.7M | No change |
| ULTA Ulta Beauty Inc. | 8.04% | 26,173 | $9.6M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 4.01% | 6 | $4.8M | Reduce -40.0% |
| DE Deere & Co. | 1.97% | 5,000 | $2.3M | No change |
Portfolio Sells Q4 2024 → Q1 2025
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -40.0% | 4.01% | −1.75 |
Portfolio Buys Q4 2024 → Q1 2025
| None this quarter. | |||
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 |