Lancaster Investment Management: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1630064) · Explore on the interactive board
Lancaster Investment Management disclosed 9 US equity positions worth $165.4m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed July 13, 2026). Its largest position is LIBERTY GLOBAL-A at 26.0% of the reported book, followed by ECHO, FLUTTER ENTER-DI. The top ten holdings are 100.0% of the book, and the portfolio behaves like about 5 equal-weight positions. Versus the prior filing it opened 4 new positions, added to 1, reduced 4 and exited 3. 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 Lancaster Investment Management 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: 4 new, 1 added, 4 reduced, 3 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | LIBERTY GLOBAL-A | 26.0% | $43.0m | 3,781,791 | -11% | reduced | |
| 2 | ECHO ECHOSTAR CORP-A | Communication Services | 24.1% | $39.9m | 393,009 | – | new |
| 3 | FLUTTER ENTER-DI | 20.1% | $33.3m | 326,109 | -8% | reduced | |
| 4 | MANCHESTER UNI-A | 14.4% | $23.8m | 1,036,114 | 6% | added | |
| 5 | GGAL GRUPO GALICI-ADR | Financial Services | 6.4% | $10.5m | 210,104 | – | new |
| 6 | BMA BANCO MACRO -ADR | Financial Services | 6.1% | $10.1m | 109,547 | – | new |
| 7 | LEVI LEVI STRAUSS-A | Consumer Cyclical | 1.1% | $1.8m | 74,244 | – | new |
| 8 | DKS DICK'S SPORTING | Consumer Cyclical | 1.1% | $1.8m | 7,840 | -91% | reduced |
| 9 | GLRE GREENLIGHT CAP-A | Financial Services | 0.7% | $1.2m | 71,968 | -35% | reduced |
What did Lancaster Investment Management sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| ALV AUTOLIV INC | 53.0% | $29.4m |
| BUD ANHEUSER-SPN ADR | 26.6% | $14.7m |
| HDB HDFC BANK-ADR | 20.4% | $11.3m |
Sector mix
| Sector | Weight |
|---|---|
| Communication Services | 24.1% |
| Financial Services | 13.2% |
| Consumer Cyclical | 2.2% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Lancaster Investment Management's portfolio?
Across every quarter Lancaster Investment Management has filed, its median largest position is 27.3% of the book and its median top-ten weight is 100.0%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 3.0 completed holding spells, the median lasted 1.0 quarters; 9.0 positions are still open and their final length is unknown.