Company Overview - OneMain Holdings is a leading consumer finance company that provides personal loans and related financial products to individuals underserved by traditional banks [6] - The company has a nationwide branch footprint and a robust digital presence, leveraging deep underwriting expertise and risk management to serve a broad customer base [6] - OneMain's revenue for the trailing twelve months (TTM) is $4.97 billion, with a net income of $783 million and a dividend yield of 8% [4] Recent Transactions - Brave Warrior Advisors sold 54,977 shares of OneMain Holdings, reducing its position during the fourth quarter, with an estimated transaction value of $3.34 million [2][10] - Despite the sale, OneMain remains the largest position in Brave Warrior Advisors' portfolio, constituting approximately 12% of assets [10] Financial Performance - OneMain reported a full-year diluted EPS of $6.56 and a net income of $783 million, which is a significant increase from the previous year [10] - Managed receivables increased to $26.3 billion, reflecting a 6% year-over-year growth, while capital generation reached $913 million for 2025 [11] - The net charge-off rate is stable at 7.56%, and the allowance ratio stands at 11.54%, indicating meaningful reserves relative to risk [11] Market Position - As of the latest data, OneMain shares are priced at $55, having increased by 10% over the past year, although this is below the S&P 500's 16% gain during the same period [8] - The stock surged nearly 20% last quarter but has declined about 20% this year [8] - OneMain's business model focuses on cash-generative, asset-backed operations with disciplined underwriting, fitting well within the consumer finance sector [12]