Latest Courant Investment Management LLC Stock Portfolio

Courant Investment Management LLC Performance:

2025 Q4: -6.64%YTD: -0.81%2024: 26.01%

Performance for 2025 Q4 is -6.64%, and YTD is -0.81%, and 2024 is 26.01%.

About Courant Investment Management LLC and 13F Hedge Fund Stock Holdings

Courant Investment Management LLC is a hedge fund based in FRANKLIN, TN. On 26-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $115.7 Millions. In it's latest 13F Holdings report, Courant Investment Management LLC reported an equity portfolio of $110.6 Millions as of 31 Dec, 2025.

The top stock holdings of Courant Investment Management LLC are JPM, PGR, SCHW. The fund has invested 24.4% of it's portfolio in JPMORGAN CHASE & CO and 23.9% of portfolio in PROGRESSIVE CORP.

The fund managers got completely rid off CARMAX INC (KMX) stocks. They significantly reduced their stock positions in JPMORGAN CHASE & CO (JPM), ULTA BEAUTY INC COM (ULTA) and SCHWAB CHARLES CORP (SCHW). The fund showed a lot of confidence in some stocks as they added substantially to FISERV INC.

Courant Investment Management LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Courant Investment Management LLC made a return of -6.64% in the last quarter. In trailing 12 months, it's portfolio return was -0.81%.

Performance
S&P 500

New Buys

No new stocks were added by Courant Investment Management LLC

Additions

Ticker	% Inc.
fiserv inc	123

Additions to existing portfolio by Courant Investment Management LLC

Reductions

Ticker	% Reduced
jpmorgan chase & co	-11.8
ulta beauty inc com	-11.46
schwab charles corp	-7.56

Courant Investment Management LLC reduced stake in above stock

Sold off

Ticker	$ Sold
carmax inc	-11,106,200

Courant Investment Management LLC got rid off the above stocks

Sector Distribution

Courant Investment Management LLC has about 64.9% of it's holdings in Financial Services sector.

Sector	%
Financial Services	64.9
Consumer Cyclical	23.6
Others	11.5

Market Cap. Distribution

Courant Investment Management LLC has about 88.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	64.1
MEGA-CAP	24.4
UNALLOCATED	11.5

Stocks belong to which Index?

About 88.5% of the stocks held by Courant Investment Management LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	88.5
Others	11.5

Top 5 Winners (%)		%
ULTA	ulta beauty inc com	10.0 %
SCHW	schwab charles corp	4.5 %
JPM	jpmorgan chase & co	2.0 %

Top 5 Winners ($)		$
ULTA	ulta beauty inc com	1.4 M
SCHW	schwab charles corp	0.8 M
JPM	jpmorgan chase & co	0.6 M

Top 5 Losers (%)		%
	fiserv inc	-40.0 %
PGR	progressive corp	-7.8 %
LOW	lowes companies inc	-4.0 %

Top 5 Losers ($)		$
	fiserv inc	-8.5 M
PGR	progressive corp	-2.2 M
LOW	lowes companies inc	-0.5 M

Courant Investment Management LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Courant Investment Management LLC

Courant Investment Management LLC has 6 stocks in it's portfolio. proved to be the most loss making stock for the portfolio. ULTA was the most profitable stock for Courant Investment Management LLC last quarter.

Last Reported on: 22 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
JPM	jpmorgan chase & co	24.39	83,697	26,968,800	reduced	-11.8

KMX	carmax inc	0.00	0.00	0.00	sold off	-100

LOW	lowes companies inc	10.90	50,000	12,058,000	unchanged	0.00

PGR	progressive corp	23.92	116,170	26,454,200	unchanged	0.00

SCHW	schwab charles corp	16.58	183,499	18,333,400	reduced	-7.56

ULTA	ulta beauty inc com	12.68	23,173	14,019,900	reduced	-11.46

	fiserv inc	11.54	190,000	12,762,300	added	123