Goodhaven Capital Management 13F annual report
Goodhaven Capital Management is an investment fund managing more than $268 billion ran by Bernadette Murphy. There are currently 24 companies in Mrs. Murphy’s portfolio. The largest investments include Berkshire Hathaway and Alphabet Inc, together worth $83.3 billion.
$268 billion Assets Under Management (AUM)
As of 5th August 2024, Goodhaven Capital Management’s top holding is 126,119 shares of Berkshire Hathaway currently worth over $51.3 billion and making up 19.2% of the portfolio value.
Relative to the number of outstanding shares of Berkshire Hathaway, Goodhaven Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 174,376 shares of Alphabet Inc worth $32 billion, whose value grew 11.2% in the past six months.
The third-largest holding is Builders Firstsource Inc worth $23.8 billion and the next is Jefferies Finl Group Inc worth $22.4 billion, with 449,558 shares owned.
Currently, Goodhaven Capital Management's portfolio is worth at least $268 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Goodhaven Capital Management
The Goodhaven Capital Management office and employees reside in Millburn, New Jersey. According to the last 13-F report filed with the SEC, Bernadette Murphy serves as the Chief Compliance Officer at Goodhaven Capital Management.
Recent trades
In the most recent 13F filing, Goodhaven Capital Management revealed that it had opened a new position in
Arrow Electrs Inc and bought 40,020 shares worth $4.83 billion.
The investment fund also strengthened its position in Berkshire Hathaway by buying
12,505 additional shares.
This makes their stake in Berkshire Hathaway total 126,119 shares worth $51.3 billion.
Berkshire Hathaway dropped approximately 0.1% in the past year.
On the other hand, there are companies that Goodhaven Capital Management is getting rid of from its portfolio.
Goodhaven Capital Management closed its position in Arhaus Inc on 12th August 2024.
It sold the previously owned 207,580 shares for $3.19 billion.
Bernadette Murphy also disclosed a decreased stake in Progressive by approximately 0.1%.
This leaves the value of the investment at $12.5 billion and 59,970 shares.
One of the smaller hedge funds
The two most similar investment funds to Goodhaven Capital Management are Bnc Wealth Management and Empower Annuity Insurance Co. They manage $268 billion and $268 billion respectively.
Bernadette Murphy investment strategy
Goodhaven Capital Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Finance — making up 35.5% of
the total portfolio value.
The fund focuses on investments in the United States as
45.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
38% of the total holdings value.
On the other hand, small-cap stocks make up only 4.2% of the portfolio.
The average market cap of the portfolio companies is close to $194 billion.
The complete list of Goodhaven Capital Management trades based on 13F SEC filings
These positions were updated on August 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Berkshire Hathaway Inc. |
11.01%
126,119
|
$51,305,209,000 | 19.18% |
| Alphabet Inc |
0.11%
174,376
|
$31,982,611,000 | 11.95% |
| Builders Firstsource Inc |
0.76%
172,080
|
$23,817,593,000 | 8.90% |
| Jefferies Finl Group Inc |
No change
449,558
|
$22,370,006,000 | 8.36% |
| Bank America Corp |
0.10%
470,361
|
$18,706,257,000 | 6.99% |
| Devon Energy Corp. |
14.00%
330,507
|
$15,666,032,000 | 5.86% |
| Lennar Corp. |
3.67%
106,686
|
$14,875,229,000 | 5.56% |
| KKR & Co. Inc |
No change
125,265
|
$13,182,889,000 | 4.93% |
| Progressive Corp. |
0.10%
59,970
|
$12,456,369,000 | 4.66% |
| Vitesse Energy Inc |
11.54%
459,860
|
$10,898,682,000 | 4.07% |
| Brookfield Corp |
0.21%
220,108
|
$9,143,286,000 | 3.42% |
| Goldman Sachs Group, Inc. |
No change
19,029
|
$8,607,197,000 | 3.22% |
| Hess Midstream LP |
0.10%
142,117
|
$5,178,743,000 | 1.94% |
| Arrow Electrs Inc |
Opened
40,020
|
$4,832,815,000 | 1.81% |
| Markel Group Inc |
0.51%
2,940
|
$4,632,440,000 | 1.73% |
| Camden Ppty Tr |
0.13%
39,810
|
$4,343,669,000 | 1.62% |
| Academy Sports & Outdoors In |
72.25%
81,060
|
$4,316,445,000 | 1.61% |
| Chubb Limited |
253.52%
12,550
|
$3,201,254,000 | 1.20% |
| Arhaus Inc |
Closed
207,580
|
$3,194,656,000 | |
| Global Industrial Company |
0.14%
87,806
|
$2,753,596,000 | 1.03% |
| Guild Hldgs |
No change
170,586
|
$2,522,967,000 | 0.94% |
| Peapack-gladstone Finl Corp |
Closed
69,370
|
$1,687,772,000 | |
| JPMorgan Chase & Co. |
No change
8,000
|
$1,618,080,000 | 0.60% |
| Brookfield Asset Managmt Ltd |
No change
15,730
|
$598,526,000 | 0.22% |
| Loar Holdings Inc |
Opened
10,000
|
$534,100,000 | 0.20% |
| Brookfield Reins Ltd |
No change
411
|
$17,093,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 26 holdings | |||
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