Weitz Investments
Weitz Conservative Allocation Fund
Jun 2025 → Sep 2026
Our archive holds 3 letters from this strategy and positions in 25 companies. Every quote below is copied verbatim from the letter it came from.
3 letters in 2 years — follow all of Weitz Investments for every strategy.
Performance
as of Jun 30, 2026 · net of fees · USD · Institutional Class
- YTD+0.2%index +5.6%
- 1Y+2.6%index +11.4%
- 3Y · /yr+5.0%index +10.1%
- 5Y · /yr+3.1%index +4.3%
- 10Y · /yr+5.8%index +6.2%
- Inception · /yr+5.5%index +6.0%
Index: Morningstar Moderately Conservative Target Risk
| YTD | 1Y | 3Yper year | 5Yper year | 10Yper year | Since inceptionper year | |
|---|---|---|---|---|---|---|
| Weitz Conservative Allocation Fund | +0.2% | +2.6% | +5.0% | +3.1% | +5.8% | +5.5% |
| Morningstar Moderately Conservative Target Risk | +5.6% | +11.4% | +10.1% | +4.3% | +6.2% | +6.0% |
Since inception: Since Inception (10/01/2003)
Disclaimer
These figures are copied from the manager’s latest letter, as of Jun 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
We sold most of the Fund’s Bio-Techne stock as it traded near the $73 takeout price offered by Merck KGaA, and we trimmed a handful of other stock positions to balance sizing, valuation, and conviction.
We also continued to build the Fund’s relatively new positions in HEICO and Ferguson Enterprises at a measured pace.
We also continued to build the Fund’s relatively new positions in HEICO and Ferguson Enterprises at a measured pace.
- New positionHoneywell AerospaceSep 2026
We bought a new position in Honeywell Aerospace, which is largely a self-help investment after its recent spin- off from parent Honeywell.
- ExitedMobility GlobalSep 2026
Finally, we quickly sold the Mobility Global shares that S&P Global spun off to its owners at the beginning of the quarter.
During the quarter we added to the Fund’s positions in Danaher, Thermo Fisher Scientific, and Martin Marietta Materials at prices we think offer substantial upside with favorable risk profiles.
During the quarter we added to the Fund’s positions in Danaher, Thermo Fisher Scientific, and Martin Marietta Materials at prices we think offer substantial upside with favorable risk profiles.
We sold the Fund’s profitable investment in Old Dominion Freight Line when the stock traded above our business value estimate.
We trimmed the Fund’s holdings of Analog Devices, Texas Instruments, and Alphabet at substantial gains to help manage position sizes after significant rallies in their stocks.
During the quarter we added to the Fund’s positions in Danaher, Thermo Fisher Scientific, and Martin Marietta Materials at prices we think offer substantial upside with favorable risk profiles.
We trimmed the Fund’s holdings of Analog Devices, Texas Instruments, and Alphabet at substantial gains to help manage position sizes after significant rallies in their stocks.
We also pruned the Fund’s position in top holding Berkshire Hathaway as part of our ongoing strategic effort to broaden the portfolio’s equity exposure.
We trimmed the Fund’s holdings of Analog Devices, Texas Instruments, and Alphabet at substantial gains to help manage position sizes after significant rallies in their stocks.