Silver Heights Capital Management Inc

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Silver Heights Capital Management Inc reported 5 stock positions worth $253.2 million. Its top holding was Iridium Communications (IRDM) at 36.0% of the portfolio, followed by Heico Class A (HEI.A, 25.3%) and Carmax (KMX, 15.8%). Compared with Q4 2023, it added to 1 and reduced 4. The biggest buy was Iridium Communications (IRDM, shares +31%) and the biggest sale Polaris (PII, shares −1%).

Most Recent 13F
Q2 2026
Location
TORONTO, A6
CIK
0001705712
Portfolio Value
$253.2M (Q1 2024)
SEC Filing
0001705712-24-000005 ↗ filed May 14, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $253.2M $253.2M Q1 2024 Q2 2024: $236.9M Q2 2024 Q3 2024: $239.1M Q3 2024 Q4 2024: $224.9M Q4 2024 Q1 2025: $220.1M Q1 2025 Q2 2025: $262.2M Q2 2025 Q3 2025: $223.0M Q3 2025 Q4 2025: $252.1M Q4 2025 Q1 2026: $260.2M Q1 2026 Q2 2026: $324.1M Q2 2026

Holdings 5 stocks · $253.2M
IRDM Iridium Communications Inc. 35.97% 3,481,487 $91.1M Add +31.1%
HEI.A Heico Corp. Class A 25.26% 415,449 $64.0M Reduce -0.7%
KMX Carmax Inc. 15.83% 460,130 $40.1M Reduce -0.4%
SRCL Stericycle Inc. 14.25% 684,262 $36.1M Reduce -0.9%
PII Polaris Inc. 8.69% 219,831 $22.0M Reduce -0.7%

Portfolio Sells Q4 2023 → Q1 2024
PII Polaris Inc. Reduce -0.7% 8.69% +0.61
SRCL Stericycle Inc. Reduce -0.9% 14.25% +1.07
KMX Carmax Inc. Reduce -0.4% 15.83% +2.17
HEI.A Heico Corp. Class A Reduce -0.7% 25.26% +2.30

Portfolio Buys Q4 2023 → Q1 2024
IRDM Iridium Communications Inc. Add +31.1% 35.97% −6.15

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 4$324.1MIRDM, HEI.A, KMX, ADBE
Q1 2026 4$260.2MIRDM, HEI.A, KMX, ADBE
Q4 2025 5$252.1MIRDM, HEI.A, KMX, ADBE, PII
Q3 2025 4$223.0MIRDM, HEI.A, KMX, PII
Q2 2025 4$262.2MIRDM, HEI.A, KMX, PII
Q1 2025 4$220.1MIRDM, HEI.A, KMX, PII
Q4 2024 4$224.9MIRDM, HEI.A, KMX, PII
Q3 2024 5$239.1MIRDM, HEI.A, KMX, PII, SRCL
Q2 2024 5$236.9MIRDM, HEI.A, KMX, SRCL, PII
Q1 2024 5$253.2MIRDM, HEI.A, KMX, SRCL, PII