Weitz Investment Management, Inc.

Weitz Investment Management primarily serves registered investment companies and institutional separate accounts, acting as investment adviser to multiple mutual fund series and a set of ETFs while also managing a limited number of separate accounts with relatively high minimums that include high-net-worth individuals, trusts, estates, charitable organizations and businesses. The firm provides discretionary portfolio management across a range of strategies and generally charges fees calculated as a percentage of assets under management.

The firm offers both equity and fixed-income strategies: its equity approach emphasizes buying above-average, high-quality businesses at prices below estimated business value (described internally as "Quality at a Discount"), while its fixed-income offerings have defined duration targets across short-duration, core-plus and multisector products. Accounts are managed in accordance with fund prospectuses or individualized investment agreements, with portfolio features such as cash‑constrained options and, in some strategies, the limited use of short positions and leverage.

Weitz is notable for acting as adviser and administrator to its funds and for providing portfolio management to multiple registered investment companies and ETFs — services that are relatively uncommon for firms in this category — and for its affiliation with an in‑house broker‑dealer that serves as distributor. The firm discloses that it and its affiliates hold significant investments in its funds and maintains written policies (including trade allocation, valuation and conflicts procedures) intended to address cross‑account and affiliate conflicts.