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LFL Advisers, LLC 13F holdings, Q4 2025

Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →

LFL Advisers, LLC disclosed 8 US equity positions worth $304.8m in its Q4 2025 13F filing. The largest position was BNY at 17.6% of the reported book, followed by TEL and GOOG. Against the Q3 2025 filing, it opened 0 new positions, added to 7 and reduced 1 among the top 8 holdings.

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What did LFL Advisers, LLC own in Q4 2025? Top 8 positions

#StockSectorWeightValueSharesΔ sharesvs Q3 2025
1 BNY BANK NEW YORK MELLON CORP Financial Services 17.6%$53.7m462,626 3% added
2 TEL TE CONNECTIVITY LTD Technology 17.5%$53.2m233,887 -8% reduced
3 GOOG ALPHABET INC Communication Services 13.4%$41.0m130,579 3% added
4 LAMR LAMAR ADVERTISING CO NEW Real Estate 12.8%$39.0m308,335 1% added
5 ALV AUTOLIV INC Consumer Cyclical 12.2%$37.3m314,507 3% added
6 AON AON PLC Financial Services 10.7%$32.7m92,657 3% added
7 PGR PROGRESSIVE CORP OHIO Financial Services 10.5%$31.9m140,272 16% added
8 BRK/B BERKSHIRE HATHAWAY INC DEL 5.2%$15.9m31,693 3% added

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.