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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-3.42% 3 years+0.91%
3 months-3.61% 5 years+8.54%
1 year+3.55% Since inception+7.02%
Data through --

Peer Comparisonvs. Long-short equity

Performance 5-yr return+8.54%+5.71%
Expense ratio1.80%1.90%
Risk 5 year sharpe ratio0.900.76
Net assets$679.7M$304.6M
Average market cap$23.9B$40.0B
Average P/E16.817.4
Portfolio turnover23%23%

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Fund Management and Purchase Info

Fund familyWeitz
Fund manager & tenureWallace Weitz / 11 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--


U.S. stock49.96%
International stock8.86%
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 ETF17.85%
BRKB Berkshire Hathaway10.42%
QQQ PowerShares QQQ10.34%
LBRDK Liberty Broadband Corp8.80%
LBTYK Liberty Global PLC7.90%
MA MasterCard6.02%
AGN Allergan5.24%
LVNTA Liberty Interactive Corp4.91%
LH Laboratory Corporation of America Holdings4.29%
IWM iShares Russell 2000 ETF4.21%