Venator Management LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Venator Management LLC reported 25 stock positions worth $419.6 million. Its top holding was Alphabet Class C (GOOG) at 13.2% of the portfolio, followed by Amazon.com (AMZN, 11.6%) and Meta Platforms Class A (META, 9.2%). Compared with Q2 2025, it opened 3 new positions, sold out of 1, added to 11 and reduced 8. The biggest buy was Alphabet Class A (GOOGL, shares +5%) and the biggest sale Meta Platforms Class A (META, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- PITTSBURGH, PA
- CIK
- 0001838211
- Portfolio Value
- $419.6M (Q3 2025)
- SEC Filing
- 0001838211-25-000011 ↗ filed Nov 14, 2025
Holdings Value
Holdings 25 stocks · $419.6M
| GOOG Alphabet Inc. Class C | 13.20% | 227,415 | $55.4M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 11.63% | 222,215 | $48.8M | Add +3.1% |
| META Meta Platforms Inc. Class A | 9.16% | 52,367 | $38.5M | Reduce -6.3% |
| V Visa Inc. Class A | 8.72% | 107,185 | $36.6M | Add +6.0% |
| UBER Uber Technologies Inc. | 8.56% | 366,500 | $35.9M | Reduce -5.1% |
| GOOGL Alphabet Inc. Class A | 8.48% | 146,292 | $35.6M | Add +5.2% |
| NFLX Netflix Inc. | 7.19% | 25,157 | $30.2M | Add +1.4% |
| NVR NVR Inc. | 5.54% | 2,893 | $23.2M | Add +1.8% |
| BWIN Baldwin Insurance Group Inc./ filed as THE BALDWIN INSURANCE GRP IN | 5.20% | 773,695 | $21.8M | No change |
| JPM JPMorgan Chase & Co. | 4.21% | 56,065 | $17.7M | Reduce -0.9% |
| COF Capital One Financial Corp. | 3.18% | 62,867 | $13.4M | Add +0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.20% | 18,358 | $9.2M | Reduce -0.6% |
| ELV Elevance Health Inc. | 2.12% | 27,530 | $8.9M | New |
| UNH Unitedhealth Group Inc. | 2.10% | 25,560 | $8.8M | Add +301.3% |
| SBUX Starbucks Corp. | 2.04% | 101,245 | $8.6M | Add +3.6% |
| CZR Caesars Entertainment Inc. | 1.69% | 261,625 | $7.1M | Add +26.6% |
| TTAM Titan America SA | 1.63% | 458,650 | $6.9M | Add +52.6% |
| FCNCA First Citizens Bcshs Class A | 0.89% | 2,092 | $3.7M | Reduce -22.9% |
| EADSY Airbus SE - Unsp ADR | 0.62% | 44,720 | $2.6M | Reduce -17.1% |
| ECHO Echostar Corp. Class A | 0.47% | 25,900 | $2.0M | New |
| TMUS T-Mobile US Inc. | 0.36% | 6,312 | $1.5M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.36% | 2 | $1.5M | No change |
| TMO Thermo Fisher Scientific Inc. | 0.21% | 1,797 | $872K | Add +259.4% |
| COO The Cooper Cos Inc. | 0.12% | 7,500 | $514K | New |
| OSCR Oscar Health Inc. Class A | 0.11% | 25,000 | $473K | Reduce -68.8% |
Portfolio Sells Q2 2025 → Q3 2025
| META Meta Platforms Inc. Class A | Reduce -6.3% | 9.16% | −1.50 |
| UBER Uber Technologies Inc. | Reduce -5.1% | 8.56% | −0.76 |
| FCNCA First Citizens Bcshs Class A | Reduce -22.9% | 0.89% | −0.48 |
| XPEL Xpel Inc. | Sold out | 0.00% | −0.46 |
| OSCR Oscar Health Inc. Class A | Reduce -68.8% | 0.11% | −0.33 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.6% | 2.20% | −0.12 |
| EADSY Airbus SE - Unsp ADR | Reduce -17.1% | 0.62% | −0.11 |
| JPM JPMorgan Chase & Co. | Reduce -0.9% | 4.21% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -0.2% | 13.20% | +2.75 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOGL Alphabet Inc. Class A | Add +5.2% | 8.48% | +2.14 |
| ELV Elevance Health Inc. | New | 2.12% | +2.12 |
| UNH Unitedhealth Group Inc. | Add +301.3% | 2.10% | +1.59 |
| TTAM Titan America SA | Add +52.6% | 1.63% | +0.66 |
| ECHO Echostar Corp. Class A | New | 0.47% | +0.47 |
| CZR Caesars Entertainment Inc. | Add +26.6% | 1.69% | +0.17 |
| TMO Thermo Fisher Scientific Inc. | Add +259.4% | 0.21% | +0.16 |
| COO The Cooper Cos Inc. | New | 0.12% | +0.12 |
| NVR NVR Inc. | Add +1.8% | 5.54% | +0.11 |
| COF Capital One Financial Corp. | Add +0.8% | 3.18% | −0.25 |
| SBUX Starbucks Corp. | Add +3.6% | 2.04% | −0.27 |
| V Visa Inc. Class A | Add +6.0% | 8.72% | −0.56 |
| AMZN Amazon.com Inc. | Add +3.1% | 11.63% | −0.59 |
| NFLX Netflix Inc. | Add +1.4% | 7.19% | −1.41 |
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 |