Brave Warrior Advisors, LLC

Hedge Fund • Long/Short

Brave Warrior Advisors, LLC is a Long/Short Hedge Fund based in Clayton, MO led by Donna M. Martel-Downing, reporting $5.4B in AUM as of Q3 2025 with 35% Financial Services concentration and 74% concentrated in top 10 holdings.

CCODonna M. Martel-Downing

Portfolio Value: $4.5B
Positions: 34
Top Holding: ELV at 13.2%
Last Reported: Q3 2025

Address8301 Maryland Ave, Suite 300, Clayton, MO, 63105, United States

Top Holdings

Largest long holdings in Brave Warrior Advisors, LLC's portfolio (73.7% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Elevance Health ELV	Medical - Healthcare Plans Healthcare	$592.6M	13.20%	+$234.1M Bought	0.81% 1.8M shares	Q3 2019 Held for 6y 2m
2 TD SYNNEX SNX	Technology Distributors Technology	$536.3M	11.95%	-$80.8M Sold	4.05% 3.3M shares	Q1 2024 Held for 1y 8m
3 OneMain Holdings OMF	Financial - Credit Services Financial Services	$440.1M	9.80%	-$4.3M Sold	6.56% 7.8M shares	Q2 2022 Held for 3y 5m
4 SLM SLM	Financial - Credit Services Financial Services	$322.7M	7.19%	+$31.0M Bought	5.59% 11.7M shares	Q1 2025 Held for 8 months
5 AutoNation AN	Auto - Dealerships Consumer Cyclical	$265.6M	5.92%	-$102.2K Sold	3.22% 1.2M shares	Q4 2022 Held for 2y 11m
6 Lennar LEN	Residential Construction Consumer Cyclical	$252.8M	5.63%	-$19.1M Sold	0.77% 2.0M shares	Q1 2022 Held for 3y 8m
7 RYAAY Ryanair Holdings plc RYAAY	Unknown Unknown	$246.0M	5.48%	-$78.0M Sold	— 4.1M shares	Q4 2023 Held for 1y 11m
8 MPLX MPLX	Oil & Gas Midstream Energy	$223.2M	4.97%	+$9.6M Bought	0.44% 4.5M shares	Q2 2023 Held for 2y 5m
9 Builders FirstSource BLDR	Construction Industrials	$218.9M	4.88%	-$2.7M Sold	1.63% 1.8M shares	Q1 2025 Held for 8 months
10 Fidelity National Financial FNF	Insurance - Specialty Financial Services	$211.1M	4.70%	+$130.4K Bought	1.28% 3.5M shares	Q2 2021 Held for 4y 5m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Brave Warrior Advisors, LLC's latest filing

See all changes

GthenC

Market Value

$4.5B

Prior: $4.6B

Q/Q Change

-2.14%

-$98.2M

Net Flows % of MV

-6.47%

Turnover Ratio

10.89%

New Purchases

1 stocks

$68.8M

Added To

4 stocks

+$274.8M

Sold Out Of

3 stocks

$888.8K

Reduced Holdings

14 stocks

-$633.2M

Increased Positions

Position	Shares Δ	Change
1 Kinetik Holdings KNTK	New	0 → 1.6M +$68.8M
2 Elevance Health ELV	+65.28%	1.1M → 1.8M +$234.1M
3 SLM SLM	+10.61%	10.5M → 11.7M +$31.0M
4 MPLX MPLX	+4.5%	4.3M → 4.5M +$9.6M
5 Fidelity National Financial FNF	+0.06%	3.5M → 3.5M +$130.4K

Decreased Positions

Position	Shares Δ	Change
1 UnitedHealth Group UNH	Sold	1.5K → 0 −$467.6K
2 S&P Global SPGI	Sold	401.0 → 0 −$211.4K
3 Texas Instruments TXN	Sold	1.0K → 0 −$209.7K
4 Capital One Financial COF	-47.37%	1.8M → 964.7K −$184.6M
5 Icon ICLR	-40.0%	5.0K → 3.0K −$350.0K