Lakewood Capital Management, LP 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Lakewood Capital Management, LP disclosed 53 US equity positions worth $1.4bn in its Q4 2025 13F filing. The largest position was CI at 7.8% of the reported book, followed by SSNC and AXALTA COATING SYS LTD. Against the Q3 2025 filing, it opened 8 new positions, added to 21 and reduced 9 among the top 50 holdings.
What did Lakewood Capital Management, LP own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | CI THE CIGNA GROUP | Healthcare | 7.8% | $111.6m | 405,307 | 20% | added |
| 2 | SSNC SS&C TECHNOLOGIES HLDGS INC | Technology | 5.0% | $71.6m | 818,954 | 6% | added |
| 3 | AXALTA COATING SYS LTD | 4.3% | $62.3m | 1,929,648 | 62% | added | |
| 4 | ICLR ICON PLC | Healthcare | 4.2% | $60.6m | 332,500 | 39% | added |
| 5 | SHC SOTERA HEALTH CO | Healthcare | 4.2% | $60.0m | 3,399,581 | 11% | added |
| 6 | BC BRUNSWICK CORP | Consumer Cyclical | 4.0% | $57.8m | 778,467 | 6% | added |
| 7 | ARW ARROW ELECTRS INC | Technology | 4.0% | $57.7m | 523,360 | -9% | reduced |
| 8 | FAF FIRST AMERN FINL CORP | Financial Services | 3.7% | $52.5m | 853,904 | 12% | added |
| 9 | C CITIGROUP INC | Financial Services | 3.4% | $48.3m | 413,839 | 0% | held |
| 10 | ALLY ALLY FINL INC | Financial Services | 3.3% | $47.0m | 1,036,809 | 227% | added |
| 11 | SW SMURFIT WESTROCK PLC | Consumer Cyclical | 3.2% | $45.8m | 1,185,297 | 2% | added |
| 12 | GPI GROUP 1 AUTOMOTIVE INC | Consumer Cyclical | 3.0% | $43.8m | 111,276 | 8% | added |
| 13 | ELV ELEVANCE HEALTH INC FORMERLY | Healthcare | 3.0% | $42.7m | 121,850 | -60% | reduced |
| 14 | AMRZ AMRIZE LTD | Basic Materials | 2.6% | $37.8m | 699,200 | 14% | added |
| 15 | TFSL TFS FINL CORP | Financial Services | 2.6% | $36.8m | 2,750,382 | 9% | added |
| 16 | META META PLATFORMS INC | Communication Services | 2.6% | $36.7m | 55,570 | 237% | added |
| 17 | UNP UNION PAC CORP | Industrials | 2.5% | $36.4m | 157,400 | – | new |
| 18 | IQV IQVIA HLDGS INC | Healthcare | 2.5% | $35.4m | 157,000 | -31% | reduced |
| 19 | WEX WEX INC | Technology | 2.4% | $34.0m | 227,968 | 11% | added |
| 20 | AIR LEASE CORP | 2.2% | $31.2m | 485,878 | 0% | held | |
| 21 | KMPR KEMPER CORP | Financial Services | 1.9% | $28.0m | 691,090 | -41% | reduced |
| 22 | CRL CHARLES RIV LABS INTL INC | Healthcare | 1.9% | $28.0m | 140,240 | 0% | held |
| 23 | ABG ASBURY AUTOMOTIVE GROUP INC | Consumer Cyclical | 1.7% | $24.9m | 107,129 | 0% | held |
| 24 | HSIC HENRY SCHEIN INC | Healthcare | 1.6% | $23.1m | 305,000 | – | new |
| 25 | APO APOLLO GLOBAL MGMT INC | Financial Services | 1.5% | $21.9m | 151,197 | 107% | added |
| 26 | VTRS VIATRIS INC | Healthcare | 1.5% | $20.9m | 1,681,300 | – | new |
| 27 | IBIT ISHARES BITCOIN TRUST ETF | 1.4% | $19.8m | 398,510 | 0% | held | |
| 28 | GPN GLOBAL PMTS INC | Industrials | 1.3% | $18.9m | 244,300 | 0% | held |
| 29 | UNFI UNITED NAT FOODS INC | Consumer Defensive | 1.3% | $18.5m | 550,000 | – | new |
| 30 | JD JD.COM INC | Consumer Cyclical | 1.3% | $18.3m | 639,050 | 44% | added |
| 31 | CMCSA COMCAST CORP NEW | Communication Services | 1.2% | $18.0m | 600,748 | -46% | reduced |
| 32 | KOF COCA-COLA FEMSA SAB DE CV | 1.2% | $17.7m | 186,800 | 42% | added | |
| 33 | NICE NICE LTD | Technology | 1.2% | $17.1m | 151,400 | 58% | added |
| 34 | GLNG GOLAR LNG LTD | Energy | 1.1% | $16.2m | 435,000 | 45% | added |
| 35 | GOOGL ALPHABET INC | Communication Services | 1.1% | $15.6m | 49,780 | -37% | reduced |
| 36 | RELY REMITLY GLOBAL INC | Technology | 1.1% | $15.5m | 1,121,200 | – | new |
| 37 | MCY MERCURY GENL CORP NEW | Financial Services | 1.0% | $14.9m | 158,218 | 0% | held |
| 38 | BZH BEAZER HOMES USA INC | Consumer Cyclical | 1.0% | $14.2m | 701,006 | 0% | held |
| 39 | SIG SIGNET JEWELERS LIMITED | Consumer Cyclical | 0.7% | $10.1m | 122,300 | -75% | reduced |
| 40 | TBLA TABOOLA.COM LTD | Communication Services | 0.6% | $8.7m | 1,893,541 | 0% | held |
| 41 | GBTC GRAYSCALE BITCOIN TRUST ETF | 0.6% | $8.4m | 123,500 | 0% | held | |
| 42 | LAW CS DISCO INC | 0.6% | $8.4m | 1,081,531 | 6% | added | |
| 43 | HIPO HIPPO HLDGS INC | Financial Services | 0.4% | $5.7m | 190,000 | 0% | held |
| 44 | DKNG DRAFTKINGS INC NEW | Consumer Cyclical | 0.4% | $5.7m | 165,000 | 25% | added |
| 45 | KLAR KLARNA GROUP PLC | Financial Services | 0.3% | $4.9m | 170,000 | – | new |
| 46 | AEO AMERICAN EAGLE OUTFITTERS IN | Consumer Cyclical | 0.3% | $4.6m | 175,900 | -73% | reduced |
| 47 | COF CAPITAL ONE FINL CORP | Financial Services | 0.3% | $4.4m | 18,000 | 0% | held |
| 48 | EME EMCOR GROUP INC | Industrials | 0.3% | $4.3m | 7,000 | – | new |
| 49 | KWEB KRANESHARES TRUST | 0.3% | $3.7m | 110,000 | – | new | |
| 50 | SEADRILL LTD | 0.2% | $2.9m | 85,100 | -83% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.