Lionstone Capital Management LLC: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1575662) · Explore on the interactive board
Lionstone Capital Management LLC disclosed 11 US equity positions worth $435.0m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is APG at 24.1% of the reported book, followed by GOOG, AMZN. The top ten holdings are 100.0% of the book, and the portfolio behaves like about 7 equal-weight positions. Versus the prior filing it opened 0 new positions, added to 2, reduced 0 and exited 1. 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 Lionstone Capital Management LLC 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: 0 new, 2 added, 0 reduced, 1 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | APG API GROUP CORP | Industrials | 24.1% | $104.9m | 2,476,270 | 0% | held |
| 2 | GOOG ALPHABET INC | Communication Services | 19.0% | $82.5m | 233,545 | 0% | held |
| 3 | AMZN AMAZON COM INC | Consumer Cyclical | 15.3% | $66.7m | 279,740 | 0% | held |
| 4 | QXO QXO INC | Industrials | 10.2% | $44.2m | 2,558,740 | 10% | added |
| 5 | FSV FIRSTSERVICE CORP NEW | Real Estate | 9.5% | $41.3m | 290,920 | 11% | added |
| 6 | FERG FERGUSON ENTERPRISES INC | Industrials | 8.8% | $38.2m | 161,048 | 0% | held |
| 7 | SPGI S&P GLOBAL INC | Financial Services | 7.9% | $34.2m | 84,000 | 0% | held |
| 8 | CPRT COPART INC | Industrials | 5.0% | $21.9m | 776,300 | 0% | held |
| 9 | 8L8C LIBERTY BROADBAND CORP | 0.2% | $818.4k | 24,605 | 0% | held | |
| 10 | GLIBK LIBERTY CAP CORP | Communication Services | 0.0% | $146.8k | 6,810 | 0% | held |
| 11 | UUUU ENERGY FUELS INC | Energy | 0.0% | $98.0k | 6,760 | 0% | held |
What did Lionstone Capital Management LLC sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| LOW LOWES COS INC | 100.0% | $5.0m |
Sector mix
| Sector | Weight |
|---|---|
| Industrials | 48.1% |
| Communication Services | 19.0% |
| Consumer Cyclical | 15.3% |
| Real Estate | 9.5% |
| Financial Services | 7.9% |
| Energy | 0.0% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Lionstone Capital Management LLC's portfolio?
Across every quarter Lionstone Capital Management LLC has filed, its median largest position is 24.2% of the book and its median top-ten weight is 99.9%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 1.0 completed holding spells, the median lasted 1.0 quarters; 11.0 positions are still open and their final length is unknown.