This article is part of a series that provides an ongoing analysis of the changes made to Allan Mecham’s 13F stock portfolio on a quarterly basis. It is based on Mecham’s regulatory 13F Form filed on 05/15/2020. Please visit our Tracking Allan Mecham’s Arlington Value Capital Portfolio article for an idea on his investment philosophy and our last update for the fund’s moves during Q4 2019.
This quarter, Mecham’s 13F portfolio value decreased ~53% from $1.47B to $688M. The number of holdings increased from 15 to 16. The top three holdings are at ~60% while