Silver Heights Capital Management Inc

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Silver Heights Capital Management Inc reported 5 stock positions worth $239.1 million. Its top holding was Iridium Communications (IRDM) at 47.4% of the portfolio, followed by Heico Class A (HEI.A, 26.8%) and Carmax (KMX, 18.4%). Compared with Q2 2024, it reduced 5. The biggest sale was Stericycle (SRCL, shares −99%).

Most Recent 13F
Q2 2026
Location
TORONTO, A6
CIK
0001705712
Portfolio Value
$239.1M (Q3 2024)
SEC Filing
0001705712-24-000009 ↗ filed Nov 13, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $253.2M Q1 2024 Q2 2024: $236.9M Q2 2024 Q3 2024: $239.1M $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 · $239.1M
IRDM Iridium Communications Inc. 47.44% 3,725,267 $113.4M Reduce -0.3%
HEI.A Heico Corp. Class A 26.84% 314,908 $64.2M Reduce -0.4%
KMX Carmax Inc. 18.36% 567,441 $43.9M Reduce -0.3%
PII Polaris Inc. 7.28% 209,048 $17.4M Reduce -0.7%
SRCL Stericycle Inc. 0.08% 3,100 $189K Reduce -99.2%

Portfolio Sells Q2 2024 → Q3 2024
SRCL Stericycle Inc. Reduce -99.2% 0.08% −9.69
PII Polaris Inc. Reduce -0.7% 7.28% +0.32
KMX Carmax Inc. Reduce -0.3% 18.36% +0.75
HEI.A Heico Corp. Class A Reduce -0.4% 26.84% +3.15
IRDM Iridium Communications Inc. Reduce -0.3% 47.44% +5.47

Portfolio Buys Q2 2024 → Q3 2024
None this quarter.

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