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Covey Capital Advisors, LLC

CIK:0001568891
Investment Adviser
$167M AUM
42 holdings
Atlanta, GA, US
Founded:2007
2 employees
Latest filing:Jun 30, 2025

Covey Capital Advisors, LLC is an SEC-registered investment advisor headquartered in Atlanta, Georgia. Founded in 2007, the firm specializes in providing discretionary investment advisory services to high net worth individuals, family offices, and charitable foundations. Covey Capital manages Separately Managed Accounts (SMAs) and maintains a comprehensive, research-focused approach to investing. With approximately 2 employees, the firm is characterized by its boutique, client-focused model and adherence to a fiduciary code of ethics.

Investment Strategy

Covey Capital Advisors pursues a fundamental, research-intensive, value-oriented investment strategy in global public markets. The firm emphasizes capital preservation and significant absolute returns while minimizing risk. Covey Capital predominantly serves high net worth individuals and builds diversified portfolios using individual stocks, ETFs, and fixed income instruments. Its investment process is driven by bottom-up analysis, risk minimization through diversification, and disciplined execution of a value-focused philosophy. The firm acts as a fiduciary, placing client interests first and maintaining compliance through a robust ethical framework.

Top Buys
B
BKNGBOOKING HLDGS INC
+$1.4M
F
FCNCAFIRST CTZNS BANCSHARES ICLASS A
+$1.3M
W
WDAYWORKDAY INC CLASS A
+$1.3M
A
AMRZAMRIZE LTD F CH SHRS
+$1.2M
M
METAMETA PLATFORMS INC CLASS A
+$1.1M
Top Sells
B
BRK-BBERKSHIRE HATHAWAY CLASS B
-$2.1M
B
BROBROWN & BROWN INC
-$842.6K
G
GOOGALPHABET INC CLASS C
-$703.8K
C
CPRTCOPART INC
-$658.6K
F
FIFISERV INC
-$576.0K

Top Holdings

B
BRK-BBERKSHIRE HATHAWAY CLASS B
+10.2%$9.5M
K
KKRKKR & CO INC
+9.7%$9.0M
V
VVISA INC CLASS A
+8.9%$8.2M
B
BKNGBOOKING HLDGS INC
+7.0%$6.5M
P
PGRPROGRESSIVE CORP OH
+5.8%$5.4M

Equity Positions (42)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
B
BRK-B
BERKSHIRE HATHAWAY CLASS B10.24%$9.5M19,579$146.86$485.77-$2.1M
K
KKR
KKR & CO INC9.73%$9.0M67,964$48.48$133.03+$990.9K
V
V
VISA INC CLASS A8.87%$8.2M23,222$158.96$355.05+$106.6K
B
BKNG
BOOKING HLDGS INC6.96%$6.5M1,117$1862.74$5789.24+$1.4M
P
PGR
PROGRESSIVE CORP OH5.77%$5.4M20,104$113.99$266.86-$324.7K

Industry Allocation

SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+17.5%
FIRE, MARINE & CASUALTY INSURANCE
+17.4%
SERVICES-BUSINESS SERVICES, NEC
+12.0%
INVESTMENT ADVICE
+11.2%
TRANSPORTATION SERVICES
+7.0%