Data as of Q4 2025 (Dec 31, 2025)

Venator Management LLC

โ€ขCIK: 1838211โ€ขFiling: Q4 2025

**Venator Management LLC** is a sophisticated multi-strategy fund managing $444M across 27 distinct positions. The portfolio exhibits significant concentration in mega-cap technology and consumer staples, with top holdings including GOOG ($70.7M) and AMZN ($53.6M). Further allocations are notable in the financial and digital services sectors, evidenced by positions in GOOGL ($45.4M), V ($43.5M), and META ($33.2M). This structure suggests a conviction-driven approach targeting secular growth leaders within the technology and commerce ecosystems.

Total AUM
$443.6M
QoQ Performance
+5.7%
Positions
26
Top 10 Concentration
80.8%
Latest Filing
Q4 2025

Top Holdings Allocation

GOOG
AMZN
GOOGL
V
META
UBER
NFLX
GOOG15.9%
AMZN12.1%
GOOGL10.2%
V9.8%
META7.5%
UBER6.5%
NFLX5.7%
NVR4.8%

๐Ÿ“ˆ Biggest Buys

NFLX
Netflix Inc.
+976.1%
5.7% of portfolio
V
Visa Inc.
+15.8%
9.8% of portfolio
FISV
Fiserv, Inc.
NEW
1.1% of portfolio
AMZN
Amazon.com
+4.5%
12.1% of portfolio
DECK
Deckers Outdoor Corp
NEW
0.5% of portfolio

๐Ÿ“‰ Biggest Sells

EADSY
Airbus Group ADR
-79.2%
0.1% of portfolio
META
Meta Platforms Inc.
-3.8%
7.5% of portfolio
UBER
Uber Technologies Inc.
-3.6%
6.5% of portfolio
CZR
Caesars Entertainment Inc.
-10.5%
1.2% of portfolio
GOOG
Alphabet Inc. - Class C
-0.9%
15.9% of portfolio

Sector Breakdown

Technology33.7%
Consumer20.6%
Financial19.9%
Other18.1%
Communication6.0%
Healthcare1.8%

๐Ÿšช Exited Positionssold since Q3 2025

TMO
Thermo Fisher Scientific Inc
SOLD
$871.6K
COO
The Cooper Companies, Inc.
SOLD
$514.2K
OSCR
Oscar Health, Inc.
SOLD
$473.3K

Changes from Q3 2025

NEW5 new positions
โ†‘9 increased
โ†“11 decreased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023