Brave Warrior Advisors, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MRP	MILLROSE PPTYS INC	8,600,224 (+60.0%)	$256,889 (+42.2%)	6.0%	$27.77	—	COM CL A	601137102
AN	AUTONATION INC	1,552,741 (+27.9%)	$320,610 (+20.7%)	7.5%	$165.77	+25.5%	COM	05329W102
COF	CAPITAL ONE FINL CORP	1,008,862 (+4.6%)	$244,508 (+19.2%)	5.7%	$187.23	+18.7%	COM	14040H105
BLDR	BUILDERS FIRSTSOURCE INC	2,379,145 (+31.8%)	$244,790 (+11.8%)	5.7%	$130.18	-13.7%	COM	12008R107
SLM	SLM CORP	12,831,965 (+10.1%)	$347,233 (+7.6%)	8.1%	$29.37	-6.6%	COM	78442P106
PRI	PRIMERICA INC	780,125 (+3.6%)	$201,553 (-3.6%)	4.7%	$145.46	+79.3%	COM	74164M108
LEN	LENNAR CORP	2,411,414 (+20.2%)	$247,893 (-1.9%)	5.8%	$128.22	-5.9%	CL A	526057104
FG	F&G ANNUITIES & LIFE INC	5,377,029 (+3.0%)	$165,881 (+1.6%)	3.9%	$19.19	+62.0%	COMMON STOCK	30190A104

Exited Positions (2)

KNTK KINETIK HOLDINGS INC 1.6%

Value ($000) $68,766 Shares 1,608,928 Est. Cost $42.27 Unrealized -14.6%

ICLR ICON PLC 0.0%

Value ($000) $525 Shares 3,000 Est. Cost $217.66 Unrealized -18.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KNTK	KINETIK HOLDINGS INC	1,608,928	$68,766	1.6%	$42.27	-14.6%	—	02215L209
ICLR	ICON PLC	3,000	$525	0.0%	$217.66	-18.2%	—	G4705A100

Decreased Positions (4)

ELV ELEVANCE HEALTH INC FORMERLY 10.3%

Value ($000) $438,820 (-26.0%) Shares 1,251,803 (-31.7%) Est. Cost $341.95 Unrealized -1.5%

SNX TD SYNNEX CORPORATION 11.1%

Value ($000) $475,213 (-11.4%) Shares 3,163,239 (-3.4%) Est. Cost $105.12 Unrealized +45.4%

RYAAY RYANAIR HOLDINGS PLC 5.2%

Value ($000) $220,663 (-10.3%) Shares 3,056,698 (-25.2%) Est. Cost $45.69 Unrealized —

GOOGL ALPHABET INC 0.1%

Value ($000) $6,341 (+19.3%) Shares 20,258 (-7.3%) Est. Cost $98.82 Unrealized +189.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ELV	ELEVANCE HEALTH INC FORMERLY	1,251,803 (-31.7%)	$438,820 (-26.0%)	10.3%	$341.95	-1.5%	COM	036752103
SNX	TD SYNNEX CORPORATION	3,163,239 (-3.4%)	$475,213 (-11.4%)	11.1%	$105.12	+45.4%	COM	87162W100
RYAAY	RYANAIR HOLDINGS PLC	3,056,698 (-25.2%)	$220,663 (-10.3%)	5.2%	$45.69	—	SPONSORED ADR	783513203
GOOGL	ALPHABET INC	20,258 (-7.3%)	$6,341 (+19.3%)	0.1%	$98.82	+189.0%	CAP STK CL A	02079K305

Unchanged Positions (19)

OMF ONEMAIN HLDGS INC 12.2%

Value ($000) $522,789 Shares 7,739,293 Est. Cost $42.00 Unrealized +44.8%

DHI D R HORTON INC 2.4%

Value ($000) $101,083 Shares 701,822 Est. Cost $101.56 Unrealized +49.7%

FNF FIDELITY NATIONAL FINANCIAL 4.5%

Value ($000) $192,107 Shares 3,519,089 Est. Cost $38.91 Unrealized +40.7%

MPLX MPLX LP 5.6%

Value ($000) $238,784 Shares 4,474,115 Est. Cost $42.29 Unrealized —

AM ANTERO MIDSTREAM CORP 0.8%

Value ($000) $32,875 Shares 1,847,972 Est. Cost $7.77 Unrealized +128.5%

GOOG ALPHABET INC 0.0%

Value ($000) $1,189 Shares 3,790 Est. Cost $109.38 Unrealized +161.8%

HCA HCA HEALTHCARE INC 0.0%

Value ($000) $1,831 Shares 3,923 Est. Cost $301.86 Unrealized +53.6%

BAC BANK AMERICA CORP 0.0%

Value ($000) $1,459 Shares 26,532 Est. Cost $28.24 Unrealized +86.5%

USB US BANCORP DEL 0.0%

Value ($000) $800 Shares 15,000 Est. Cost $40.76 Unrealized +19.5%

MAR MARRIOTT INTL INC NEW 0.0%

Value ($000) $370 Shares 1,194 Est. Cost $168.95 Unrealized +68.9%

CMCSA COMCAST CORP NEW 0.0%

Value ($000) $929 Shares 31,094 Est. Cost $42.85 Unrealized -33.4%

JPM JPMORGAN CHASE & CO. 0.0%

Value ($000) $1,818 Shares 5,643 Est. Cost $131.96 Unrealized +134.6%

PGR PROGRESSIVE CORP 0.0%

Value ($000) $398 Shares 1,746 Est. Cost $66.16 Unrealized +220.9%

META META PLATFORMS INC 0.0%

Value ($000) $223 Shares 338 Est. Cost $616.61 Unrealized +8.2%

MSFT MICROSOFT CORP 0.0%

Value ($000) $254 Shares 525 Est. Cost $344.82 Unrealized +45.2%

MCO MOODYS CORP 0.0%

Value ($000) $241 Shares 471 Est. Cost $458.71 Unrealized +6.2%

AMZN AMAZON COM INC 0.0%

Value ($000) $323 Shares 1,400 Est. Cost $96.61 Unrealized +136.8%

V VISA INC 0.0%

Value ($000) $217 Shares 618 Est. Cost $336.32 Unrealized +1.2%

MA MASTERCARD INCORPORATED 0.0%

Value ($000) $241 Shares 422 Est. Cost $461.72 Unrealized +21.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OMF	ONEMAIN HLDGS INC	7,739,293	$522,789	12.2%	$42.00	+44.8%	COM	68268W103
DHI	D R HORTON INC	701,822	$101,083	2.4%	$101.56	+49.7%	COM	23331A109
FNF	FIDELITY NATIONAL FINANCIAL	3,519,089	$192,107	4.5%	$38.91	+40.7%	COM SHS	31620R303
MPLX	MPLX LP	4,474,115	$238,784	5.6%	$42.29	—	COM UNIT REP LTD	55336V100
AM	ANTERO MIDSTREAM CORP	1,847,972	$32,875	0.8%	$7.77	+128.5%	COM	03676B102
GOOG	ALPHABET INC	3,790	$1,189	0.0%	$109.38	+161.8%	CAP STK CL C	02079K107
HCA	HCA HEALTHCARE INC	3,923	$1,831	0.0%	$301.86	+53.6%	COM	40412C101
BAC	BANK AMERICA CORP	26,532	$1,459	0.0%	$28.24	+86.5%	COM	060505104
USB	US BANCORP DEL	15,000	$800	0.0%	$40.76	+19.5%	COM NEW	902973304
MAR	MARRIOTT INTL INC NEW	1,194	$370	0.0%	$168.95	+68.9%	CL A	571903202
CMCSA	COMCAST CORP NEW	31,094	$929	0.0%	$42.85	-33.4%	CL A	20030N101
JPM	JPMORGAN CHASE & CO.	5,643	$1,818	0.0%	$131.96	+134.6%	COM	46625H100
PGR	PROGRESSIVE CORP	1,746	$398	0.0%	$66.16	+220.9%	COM	743315103
META	META PLATFORMS INC	338	$223	0.0%	$616.61	+8.2%	CL A	30303M102
MSFT	MICROSOFT CORP	525	$254	0.0%	$344.82	+45.2%	COM	594918104
MCO	MOODYS CORP	471	$241	0.0%	$458.71	+6.2%	COM	615369105
AMZN	AMAZON COM INC	1,400	$323	0.0%	$96.61	+136.8%	COM	023135106
V	VISA INC	618	$217	0.0%	$336.32	+1.2%	COM CL A	92826C839
MA	MASTERCARD INCORPORATED	422	$241	0.0%	$461.72	+21.1%	CL A	57636Q104