Brave Warrior Q4 2025: Elevance Health Drops 4.37%, Millrose Stake Up 60%
In Q4 2025, Glenn Greenberg’s Brave Warrior Advisors saw Elevance Health holdings drop by 4.37% of portfolio impact while adding 961 Applied Materials shares worth $246,970 and 401 S&P Global shares worth $209,560. He also boosted Millrose Properties by 59.99% to 8.6 million shares valued at $256.9 million and raised AutoNation by 27.9% to 1.55 million shares valued at $320.6 million.
1. Q4 2025 13F Filing Highlights
Glenn Greenberg filed the fourth-quarter 2025 13F for Brave Warrior Advisors, detailing portfolio adjustments and strategic reallocations across key positions.
2. New Additions
Brave Warrior added 961 shares of Applied Materials valued at $246,970 and 401 shares of S&P Global valued at $209,560, marking targeted investments in semiconductor equipment and information services.
3. Position Increases
Greenberg increased Millrose Properties by 3,224,632 shares—up 59.99% to 8,600,224 shares valued at $256.9 million—and added 338,698 AutoNation shares, a 27.9% increase to 1,552,741 shares valued at $320.6 million.
4. Portfolio Impact On Elevance Health
Elevance Health’s weighting in the portfolio declined, resulting in a 4.37% negative impact on overall holdings as Greenberg rebalanced toward higher-return opportunities.