Lakewood Capital Management, LP: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1424381) · Explore on the interactive board
Lakewood Capital Management, LP disclosed 62 US equity positions worth $1.9bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is CI at 6.1% of the reported book, followed by AXALTA COATING SYS LTD, ICLR. The top ten holdings are 43.2% of the book, and the portfolio behaves like about 34 equal-weight positions. Versus the prior filing it opened 10 new positions, added to 23, reduced 15 and exited 10. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Lakewood Capital Management, LP own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 10 new, 23 added, 15 reduced, 10 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | CI THE CIGNA GROUP | Healthcare | 6.1% | $117.9m | 427,807 | 0% | held |
| 2 | AXALTA COATING SYS LTD | 6.1% | $117.2m | 3,423,648 | 18% | added | |
| 3 | ICLR ICON PUB LTD CO | Healthcare | 5.3% | $101.7m | 585,200 | -22% | reduced |
| 4 | ALLY ALLY FINL INC | Financial Services | 4.2% | $80.8m | 1,758,809 | 6% | added |
| 5 | COPA HOLDINGS SA | 4.0% | $77.0m | 494,900 | – | new | |
| 6 | GPI GROUP 1 AUTOMOTIVE INC | Consumer Cyclical | 3.7% | $72.1m | 247,614 | 16% | added |
| 7 | SHC SOTERA HEALTH CO | Healthcare | 3.7% | $70.6m | 3,979,581 | -3% | reduced |
| 8 | CDW CDW CORP | Technology | 3.5% | $68.0m | 483,500 | 93% | added |
| 9 | META META PLATFORMS INC | Communication Services | 3.4% | $65.3m | 115,985 | 64% | added |
| 10 | SSNC SS&C TECH HLDGS | Technology | 3.3% | $63.1m | 1,016,954 | 7% | added |
| 11 | IQV IQVIA HLDGS INC | Healthcare | 3.2% | $61.4m | 317,900 | 37% | added |
| 12 | VTRS VIATRIS INC | Healthcare | 3.1% | $59.3m | 3,735,900 | 2% | added |
| 13 | MA MASTERCARD INCORPORATED | Financial Services | 2.9% | $56.2m | 109,454 | 151% | added |
| 14 | FAF FIRST AMERN FINL CORP | Financial Services | 2.6% | $50.5m | 735,904 | 14% | added |
| 15 | AMRZ AMRIZE LTD | Basic Materials | 2.5% | $47.3m | 888,200 | 9% | added |
| 16 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 2.2% | $42.9m | 93,500 | – | new |
| 17 | V VISA INC | Financial Services | 2.1% | $41.4m | 120,578 | 68% | added |
| 18 | BC BRUNSWICK CORP | Consumer Cyclical | 2.0% | $38.8m | 460,467 | -22% | reduced |
| 19 | MSFT MICROSOFT CORP | Technology | 2.0% | $37.9m | 101,534 | 5% | added |
| 20 | ARW ARROW ELECTRS INC | Technology | 2.0% | $37.6m | 176,360 | -31% | reduced |
| 21 | TFSL TFS FINL CORP | Financial Services | 1.9% | $36.7m | 2,070,382 | -27% | reduced |
| 22 | ABG ASBURY AUTOMOTIVE GROUP INC | Consumer Cyclical | 1.9% | $35.9m | 178,629 | 32% | added |
| 23 | CCS CENTURY COMMUNITIES INC | Real Estate | 1.8% | $34.9m | 487,000 | – | new |
| 24 | SW SMURFIT WESTROCK PLC | Consumer Cyclical | 1.7% | $33.7m | 727,897 | 8% | added |
| 25 | CRL CHARLES RIV LABS INTL INC | Healthcare | 1.6% | $30.4m | 134,000 | 94% | added |
| 26 | BKNG BOOKING HOLDINGS INC | Consumer Cyclical | 1.5% | $29.4m | 165,200 | 2853% | added |
| 27 | WEX WEX INC | Technology | 1.5% | $28.4m | 200,968 | 0% | held |
| 28 | UNP UNION PAC CORP | Industrials | 1.4% | $27.7m | 101,700 | -26% | reduced |
| 29 | APO APOLLO GLOBAL MGMT INC | Financial Services | 1.4% | $26.9m | 227,197 | 1% | added |
| 30 | JD JD.COM INC | Consumer Cyclical | 1.3% | $25.7m | 1,009,050 | 12% | added |
| 31 | ELV ELEVANCE HEALTH INC FORMERLY | Healthcare | 1.2% | $23.0m | 59,350 | -47% | reduced |
| 32 | CPNG COUPANG INC | Consumer Cyclical | 1.2% | $22.7m | 1,305,000 | 25% | added |
| 33 | GOOGL ALPHABET INC | Communication Services | 1.1% | $21.6m | 60,580 | 5% | added |
| 34 | SPGI S&P GLOBAL INC | Financial Services | 1.1% | $21.1m | 51,750 | 18% | added |
| 35 | GPN GLOBAL PMTS INC | Industrials | 0.9% | $17.7m | 244,300 | 0% | held |
| 36 | RELY REMITLY GLOBAL INC | Technology | 0.9% | $16.8m | 751,200 | -37% | reduced |
| 37 | UNFI UNITED NAT FOODS INC | Consumer Defensive | 0.8% | $16.0m | 350,000 | -47% | reduced |
| 38 | HCA HCA HEALTHCARE INC | Healthcare | 0.8% | $15.0m | 38,500 | – | new |
| 39 | INGM INGRAM MICRO HLDG CORP | 0.6% | $10.8m | 395,000 | – | new | |
| 40 | NICE NICE LTD | Technology | 0.6% | $10.6m | 116,800 | 0% | held |
| 41 | CMCSA COMCAST CORP NEW | Communication Services | 0.5% | $10.3m | 420,748 | -16% | reduced |
| 42 | LEG LEGGETT & PLATT INC | Consumer Cyclical | 0.5% | $9.7m | 830,000 | 6% | added |
| 43 | TBLA TABOOLA.COM LTD | Communication Services | 0.5% | $9.5m | 1,893,541 | 0% | held |
| 44 | KMPR KEMPER CORP | Financial Services | 0.5% | $9.2m | 343,090 | -32% | reduced |
| 45 | HSIC SCHEIN HENRY INC | Healthcare | 0.4% | $8.1m | 97,000 | -63% | reduced |
| 46 | LRN STRIDE INC | Consumer Defensive | 0.4% | $7.8m | 90,000 | 0% | held |
| 47 | DKNG DRAFTKINGS INC NEW | Consumer Cyclical | 0.4% | $7.7m | 304,500 | -16% | reduced |
| 48 | LKQ LKQ CORP | Consumer Cyclical | 0.4% | $7.0m | 265,000 | – | new |
| 49 | NSP INSPERITY INC | Industrials | 0.4% | $6.8m | 165,000 | – | new |
| 50 | AVT AVNET INC | Technology | 0.3% | $6.4m | 72,000 | -13% | reduced |
What did Lakewood Capital Management, LP sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| AIR LEASE CORP | 38.3% | $31.6m |
| BZH BEAZER HOMES USA INC | 18.2% | $15.0m |
| TFX TELEFLEX INCORPORATED | 9.3% | $7.7m |
| C CITIGROUP INC | 8.9% | $7.3m |
| DELL DELL TECHNOLOGIES INC | 7.1% | $5.9m |
| QQQ INVESCO QQQ TR | 6.0% | $4.9m |
| ASST STRIVE INC | 4.0% | $3.3m |
| COF CAPITAL ONE FINL CORP | 4.0% | $3.3m |
| WAY WAYSTAR HLDG CORP | 2.8% | $2.3m |
| BAND BANDWIDTH INC | 1.4% | $1.2m |
Sector mix
| Sector | Weight |
|---|---|
| Healthcare | 25.3% |
| Financial Services | 17.4% |
| Consumer Cyclical | 14.7% |
| Technology | 14.5% |
| Communication Services | 8.0% |
| Industrials | 3.0% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Lakewood Capital Management, LP's portfolio?
Across every quarter Lakewood Capital Management, LP has filed, its median largest position is 6.7% of the book and its median top-ten weight is 43.2%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 10.0 completed holding spells, the median lasted 1.0 quarters; 62.0 positions are still open and their final length is unknown.