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Weitz Partners III Opportunity Fund Institutional Class (WPOPX)

Net Asset Value
1 Day
Overall Morningstar Rating
Long-short equity
Style or Category
No Load
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund is a "multi-cap" fund and may invest in securities of any market capitalization. It invests in long positions in stocks and other securities, when the managers anticipate that the value of such securities will increase. The fund also invests in short positions in stocks and other securities, including short sales of exchange traded funds, when the managers anticipate a decline in the value of such securities.


1 month-0.71% 3 years+1.71%
3 months-0.36% 5 years+9.18%
1 year+1.68% Since inception+7.09%
Data through --

Peer Comparisonvs. Long-short equity

Performance 5-yr return+9.18%+5.86%
Expense ratio1.95%1.94%
Risk 5 year sharpe ratio1.080.67
Net assets$678.7M$267.0M
Average market cap$21.5B$30.2B
Average P/E19.416.4
Portfolio turnover46%46%

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Fund Management and Purchase Info

Fund familyWeitz
Fund manager & tenureWallace Weitz / 10 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--


U.S. stock52.19%
International stock8.49%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Media 23.90%
Financial service 14.33%
Business service 9.23%
Hardware 8.45%
Healthcare 8.14%
Top 10 Holdings
Portfolio weighting
SPY SPDR® S&P 500 ETF22.26%
BRKB Berkshire Hathaway10.62%
QQQ PowerShares QQQ7.51%
LBRDK Liberty Broadband Corp7.36%
LBTYK Liberty Global PLC7.29%
AGN Allergan5.42%
LSXMK Liberty Media Corp4.91%
MA MasterCard4.49%
RWT Redwood Trust Inc4.16%
CFX Colfax Corp4.16%

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