Courant Investment Management
FRANKLIN, TNfiles as Courant Investment Management LLC
$103m in 7 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 4.3% of the portfolio this quarter.
Value
$103m
Stocks
7
Top 10 share
100.0%
Turnover
4.3%
What changed this quarter
New
Bought for the first time this quarter.
None this quarter.
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
None this quarter.
Sold out
Sold their entire stake.
None this quarter.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| ProgressivePGR | 24.6% | $25m | 116,170 | Held |
| JPMorgan ChaseJPM | 22.5% | $23m | 70,697 | Held |
| Charles SchwabSCHW | 16.4% | $17m | 183,499 | Held |
| Lowe's CompaniesLOW | 10.7% | $11m | 50,000 | Held |
| Ulta BeautyULTA | 9.5% | $10m | 21,673 | Held |
| FiservFISV | 9.0% | $9m | 190,000 | Held |
| Brown & BrownBRO | 7.2% | $7m | 116,397 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 16.6% since 30 June 2025.
Where the money is
Financial services79.8%
Retail & consumer20.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.