LongLBRDKJul 2026
Liberty Broadband Corporation Class C
The fund remains constructive on Liberty Broadband despite weakness in Charter Communications, its principal asset. Charter's growing wireless business is viewed as an important…
Weitz Partners III Opportunity Fund
Long-short, long-biased multi-cap equity with a valuation-sensitive, private-buyer approach.$334M AUM6 published ideas
Partners III Opportunity Fund is a long-short equity strategy managed by Wally Weitz and Drew Weitz. The managers emphasize valuation and favorable risk-adjusted return potential rather than following valuation-agnostic index weights. The portfolio ended the second quarter with net cash of roughly 12%, reflecting a modestly more defensive posture.
Ideas from Weitz Partners III Opportunity Fund
LongNFLXJul 2026
Netflix, Inc.
The fund initiated Netflix despite near-term perception headwinds surrounding its unsuccessful Warner Bros. bid and competition for audience attention from the 2026 FIFA World…
LongCOFJul 2026
Capital One Financial Corporation
Capital One has evolved beyond its core credit-card business into a broad consumer banking franchise. Its acquisition of Discover adds the economic benefits of integrating its…
LongLBRDKJun 2026
Liberty Broadband Corporation
Liberty Broadband's principal asset is its interest in Charter Communications, whose core broadband business has been pressured by competitive concerns. Weitz remains…
LongNFLXJun 2026
Netflix, Inc.
Weitz initiated Netflix despite near-term concerns that its attempted Warner Bros. acquisition signaled stagnation in the streaming business. The fund believes the ad-supported…
LongCOFJun 2026
Capital One Financial Corporation
Weitz initiated Capital One after its acquisition of Discover, viewing the transaction as the next step in the evolution of a business that has grown from credit cards into a…
Letters covered
- Partners III Opportunity Fund 2Q 2026July 15, 2026
- Partners III Opportunity Fund 2Q 2026June 30, 2026
Source PDFs are not republished here; only extracted ideas and quotes.