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Institutional Investment Manager
Arlington Value Capital, LLC
Arlington Value Capital, LLC (CIK: 0001568820) incorporated in Utah, located at 222 S. Main Street, Suite 1750, Salt Lake City, UT. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q2)
Portfolio Summary: 21 holdings with a total value of $901,962,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 BERKSHIRE HATHAWAY INC DEL 1,279,949 185,323,000 20.55%
2 VistaPrint NV 1,805,299 166,954,000 18.51%
3 LEUCADIA NATIONAL CO 6,327,088 109,648,000 12.16%
4 NOW INC COM 4,619,318 83,794,000 9.29%
5 INTERACTIVE BROKERS GROUP INC COM CL A 2,100,811 74,368,000 8.25%
6 MSC INDL DIRECT INC 951,266 67,121,000 7.44%
7 PAYCHEX INC 1,039,593 43,662,000 4.84%
8 BANK AMER CORP 2,706,014 35,908,000 3.98%
9 WELLS FARGO & CO NEW 743,576 35,193,000 3.90%
10 L BRANDS INC 479,621 32,196,000 3.57%
11 MOODYS CORP 257,802 24,158,000 2.68%
12 TRIPADVISOR INC 205,193 13,193,000 1.46%
13 BERKSHIRE HATHAWAY INC DEL 43 9,329,000 1.03%
14 CHEFS WHSE INC 512,938 8,207,000 0.91%
15 COPART INC 108,709 5,327,000 0.59%
16 VALMONT INDS INC 20,760 2,808,000 0.31%
17 PAYCHEX INC 43,700 1,835,000 0.20% Call
18 HEICO CORP NEW 30,561 1,639,000 0.18%
19 LIBERTY TRIPADVISOR HLDGS INC COM SER A 33,438 731,000 0.08%
20 RAVEN INDS INC 21,639 409,000 0.05%
21 DESWELL INDUSTRIES INC 100,981 159,000 0.02%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001606587-16-000759, filed 2016.08.15).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.