International Value Advisers, LLC

CIK

1456417

Location

NEW YORK, NY

Portfolio Value

Small $592,412,262

Diversification

Diversified

Filing Date

Global Rank

#2,129 / 6,028 ▼ 599 · as of Dec 2020

Top Industry

Insurance - Diversified 27.2%

Period ended 5 years ago

Filed Feb 12, 2021 · 5y

4 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Dec 31, 2020, never from the firm's own description.

Style

Concentrated

The top 10 positions are 89.5% of the book (60%+)

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Horizon unknown

The value-weighted holding period is at least 3.8 quarters, but 88.3% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2020-12-31, active share 94.3%; sector active share 55.7% against the combined 13F book's sector weights.

Over time 4 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

20 tracked positions · as of Dec 31, 2020 · Δ vs Sep 30, 2020

Top Position

24.2%

+2.9 pts

Top 5

69.6%

+11.6 pts

Top 10

89.5%

+5.7 pts

HHI

1,261

Diversified+273

Portfolio Trend

4 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2020

Sector	% Portfolio	Value	Positions
Financial Services	44.9%	$266,103,869	6
Basic Materials	17.6%	$104,346,735	2
Consumer Cyclical	12.7%	$75,433,846	2
Unclassified	11.1%	$66,011,396	4
Consumer Defensive	6.4%	$37,750,159	1
Communication Services	5.7%	$33,825,535	3
Industrials	1.5%	$8,940,722	2

Last Quarter's Activity

Export CSV

Dec 31, 2020 vs Sep 30, 2020

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

20 positions

Ticker	Company	Δ Shares	Shares	Value
IAU	Ishares Gold Trust	−2,368,745	756,558	$13,716,396
ATRO	Astronics Corp	−1,568,469	94,125	$1,192,605
FENG	Phoenix New Media Ltd	−1,368,746	322,657	$387,188
CVSA	Covista Inc.	−1,132,138	1,111,934	$37,750,159
WFC	Wells Fargo & Company	−888,098	1,462,162	$44,128,049
WU	Western Union CO	−758,767	2,400,834	$52,674,297
LKQ	Lkq Corp	−727,688	2,018,923	$71,146,846
LOMA	Loma Negra Compania Industrial Argentina Sociedad Anonima	−395,581	493,401	$3,034,416
—		−247,397	239,646	$8,613,000
—		−172,001	515,029	$21,827,000
—		−151,589	421,669	$21,855,000
QRTEA	QVC Group, Inc.	−142,129	390,753	$4,287,000
BRK-B	Berkshire Hathaway Inc	−128,753	355,666	$82,468,275
FLS	Flowserve Corp	−71,713	210,261	$7,748,117
NEM	NEWMONT Corp	−40,273	1,691,640	$101,312,319
BIDU	Baidu, Inc.	−28,473	90,273	$19,520,633
AXP	American Express Co	−26,556	75,161	$9,087,716
MA	Mastercard Inc	−16,840	47,285	$16,877,907
GOOGL	Alphabet Inc.	−10,626	7,941	$13,917,714
BRK-A	Berkshire Hathaway Inc	−65	175	$60,867,625
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
GOOG	Alphabet Inc.	17,074	$25,092,000
CVX	Chevron Corp	330,154	$23,771,088
TPR	Tapestry, Inc.	610,573	$9,543,255
SLB	Slb Limited	300,046	$4,668,715
CRTO	Criteo S.A.	376,719	$4,592,204
LSAK	Lesaka Technologies Inc	798,561	$2,691,150
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

20 tracked positions · $592,412,262 total · filing declares 21 positions · $615,136,000 · as of Dec 31, 2020

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Industrials

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
NEM	NEWMONT Corp Basic Materials	Reduced	1,691,640	-40,273	$101,312,319	−7.8%	4+	before history	17.10%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	355,666	-128,753	$82,468,275	−20.1%	4+	before history	13.92%
LKQ	Lkq Corp Consumer Cyclical	Reduced	2,018,923	-727,688	$71,146,846	−6.6%	4+	before history	12.01%
BRK-A	Berkshire Hathaway Inc Financial Services	Reduced	175	-65	$60,867,625	−20.7%	4+	before history	10.27%
WU	Western Union CO Financial Services	Reduced	2,400,834	-758,767	$52,674,297	−22.2%	4+	before history	8.89%
WFC	Wells Fargo & Company Financial Services	Reduced	1,462,162	-888,098	$44,128,049	−20.1%	2	$24.64	7.45%
CVSA	Covista Inc. Consumer Defensive	Reduced	1,111,934	-1,132,138	$37,750,159	−31.5%	4+	before history	6.37%
		Reduced	421,669	-151,589	$21,855,000	−12.5%	4+	before history	3.69%
		Reduced	515,029	-172,001	$21,827,000	−25.4%	4+	before history	3.68%
BIDU	Baidu, Inc. Communication Services	Reduced	90,273	-28,473	$19,520,633	+29.9%	4+	before history	3.30%
MA	Mastercard Inc Financial Services	Reduced	47,285	-16,840	$16,877,907	−22.2%	4+	before history	2.85%
GOOGL	Alphabet Inc. Communication Services	Reduced	7,941	-10,626	$13,917,714	−48.9%	4+	before history	2.35%
IAU	Ishares Gold Trust	Reduced	756,558	-2,368,745	$13,716,396	−75.6%	4+	before history	2.32%
AXP	American Express Co Financial Services	Reduced	75,161	-26,556	$9,087,716	−10.9%	3	$92.07	1.53%
		Reduced	239,646	-247,397	$8,613,000	−41.5%	3	unpriced	1.45%
FLS	Flowserve Corp Industrials	Reduced	210,261	-71,713	$7,748,117	+0.7%	3	$26.68	1.31%
QRTEA	QVC Group, Inc. Consumer Cyclical	Reduced	390,753	-142,129	$4,287,000	+12.0%	4+	before history	0.72%
LOMA	Loma Negra Compania Industrial Argentina Sociedad Anonima Basic Materials	Reduced	493,401	-395,581	$3,034,416	−20.8%	4+	before history	0.51%
ATRO	Astronics Corp Industrials	Reduced	94,125	-1,568,469	$1,192,605	−90.3%	4+	before history	0.20%
FENG	Phoenix New Media Ltd Communication Services	Reduced	322,657	-1,368,746	$387,188	−81.4%	4+	before history	0.07%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.