Venator Management LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Venator Management LLC reported 23 stock positions worth $386.7 million. Its top holding was Amazon.com (AMZN) at 12.2% of the portfolio, followed by Meta Platforms Class A (META, 10.7%) and Alphabet Class C (GOOG, 10.5%). Compared with Q1 2025, it opened 3 new positions, sold out of 2, added to 10 and reduced 7. The biggest buy was Amazon.com (AMZN, shares +14%) and the biggest sale an exit from Constellation Brands Class A (STZ).
- Most Recent 13F
- Q2 2026
- Location
- PITTSBURGH, PA
- CIK
- 0001838211
- Portfolio Value
- $386.7M (Q2 2025)
- SEC Filing
- 0001838211-25-000007 ↗ filed Aug 12, 2025
Holdings Value
Holdings 23 stocks · $386.7M
| AMZN Amazon.com Inc. | 12.22% | 215,445 | $47.3M | Add +14.3% |
| META Meta Platforms Inc. Class A | 10.66% | 55,872 | $41.2M | Add +0.5% |
| GOOG Alphabet Inc. Class C | 10.45% | 227,915 | $40.4M | Reduce -0.1% |
| UBER Uber Technologies Inc. | 9.32% | 386,175 | $36.0M | Reduce -4.5% |
| V Visa Inc. Class A | 9.28% | 101,115 | $35.9M | Reduce -0.7% |
| NFLX Netflix Inc. | 8.59% | 24,818 | $33.2M | Reduce -1.7% |
| BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN | 8.56% | 773,695 | $33.1M | Add +2.5% |
| GOOGL Alphabet Inc. Class A | 6.34% | 139,027 | $24.5M | Add +0.6% |
| NVR NVR Inc. | 5.43% | 2,843 | $21.0M | Add +3.6% |
| JPM JPMorgan Chase & Co. | 4.24% | 56,595 | $16.4M | Add +0.0% |
| COF Capital One Financial Corp. | 3.43% | 62,397 | $13.3M | Add +15.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.32% | 18,463 | $9.0M | Reduce -2.8% |
| SBUX Starbucks Corp. | 2.32% | 97,720 | $9.0M | Add +19.4% |
| CZR Caesars Entertainment Inc. | 1.52% | 206,700 | $5.9M | Reduce -50.1% |
| FCNCA First Citizens Bcshs Class A | 1.37% | 2,715 | $5.3M | New |
| TTAM Titan America SA | 0.97% | 300,600 | $3.8M | Add +425.8% |
| EADSY Airbus SE - Unsp ADR | 0.73% | 53,920 | $2.8M | Add +4.1% |
| UNH Unitedhealth Group Inc. | 0.51% | 6,370 | $2.0M | New |
| XPEL Xpel Inc. | 0.46% | 50,000 | $1.8M | No change |
| OSCR Oscar Health Inc. Class A | 0.44% | 80,000 | $1.7M | Reduce -36.0% |
| TMUS T-Mobile US Inc. | 0.39% | 6,312 | $1.5M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.38% | 2 | $1.5M | No change |
| TMO Thermo Fisher Scientific Inc. | 0.05% | 500 | $203K | New |
Portfolio Sells Q1 2025 → Q2 2025
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −1.61 |
| CZR Caesars Entertainment Inc. | Reduce -50.1% | 1.52% | −1.57 |
| V Visa Inc. Class A | Reduce -0.7% | 9.28% | −1.37 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.8% | 2.32% | −0.70 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −0.31 |
| GOOG Alphabet Inc. Class C | Reduce -0.1% | 10.45% | −0.18 |
| OSCR Oscar Health Inc. Class A | Reduce -36.0% | 0.44% | −0.05 |
| UBER Uber Technologies Inc. | Reduce -4.5% | 9.32% | +0.53 |
| NFLX Netflix Inc. | Reduce -1.7% | 8.59% | +1.57 |
Portfolio Buys Q1 2025 → Q2 2025
| AMZN Amazon.com Inc. | Add +14.3% | 12.22% | +1.53 |
| FCNCA First Citizens Bcshs Class A | New | 1.37% | +1.37 |
| META Meta Platforms Inc. Class A | Add +0.5% | 10.66% | +1.10 |
| TTAM Titan America SA | Add +425.8% | 0.97% | +0.74 |
| COF Capital One Financial Corp. | Add +15.7% | 3.43% | +0.55 |
| UNH Unitedhealth Group Inc. | New | 0.51% | +0.51 |
| JPM JPMorgan Chase & Co. | Add +0.0% | 4.24% | +0.10 |
| TMO Thermo Fisher Scientific Inc. | New | 0.05% | +0.05 |
| EADSY Airbus SE - Unsp ADR | Add +4.1% | 0.73% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +0.6% | 6.34% | −0.04 |
| SBUX Starbucks Corp. | Add +19.4% | 2.32% | −0.08 |
| NVR NVR Inc. | Add +3.6% | 5.43% | −0.50 |
| BWIN Baldwin Insurance Group Inc./ | Add +2.5% | 8.56% | −1.50 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 26 | $443.4M | GOOG, AMZN, V, GOOGL, NFLX |
| Q1 2026 | 27 | $415.2M | GOOG, AMZN, V, GOOGL, NFLX |
| Q4 2025 | 26 | $443.1M | GOOG, AMZN, GOOGL, V, META |
| Q3 2025 | 25 | $419.6M | GOOG, AMZN, META, V, UBER |
| Q2 2025 | 23 | $386.7M | AMZN, META, GOOG, UBER, V |
| Q1 2025 | 22 | $335.2M | AMZN, V, GOOG, BWIN, META |
| Q4 2024 | 24 | $347.2M | GOOG, AMZN, META, V, NFLX |
| Q3 2024 | 23 | $345.4M | GOOG, BWIN, META, AMZN, UBER |
| Q2 2024 | 25 | $330.7M | GOOG, AMZN, UBER, META, NFLX |
| Q1 2024 | 27 | $337.4M | UBER, GOOG, AMZN, META, NFLX |