Q2 2025 · 13F-HR
Lionstone Capital Management LLCholdings as filed
Filed 2025-08-14 · accession 0000950123-25-008067
$416.4M
Reported value
11
Positions
2025-06-30
Period end
The Brief · Lionstone Capital Management LLC · Q2 2025
AI · grounded in 13F
Lionstone Capital Management LLC established a new position in API GROUP CORP APG valued at $89.1M. The fund also initiated new stakes in AMAZON COM INC AMZN for $68.4M and ALPHABET INC GOOG for $46.3M. Other new additions include QXO INC QXO at $45.7M and S&P GLOBAL INC SPGI at $44.3M. Total assets under management stand at $416.4M across 11 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 00187Y100 | APG | API GROUP CORP | $89.1M | 21.4% | 1,744,500 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $68.4M | 16.4% | 312,000 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $46.3M | 11.1% | 261,120 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $45.7M | 11.0% | 2,121,212 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $44.3M | 10.6% | 84,000 | Common | SOLE |
| 217204106 | CPRT | COPART INC | $38.1M | 9.15% | 776,300 | Common | SOLE |
| 33767E202 | FSV | FIRSTSERVICE CORP NEW | $37.8M | 9.07% | 216,200 | Common | SOLE |
| 31488V107 | FERG | FERGUSON ENTERPRISES INC | $35.1M | 8.42% | 161,048 | Common | SOLE |
| 548661107 | LOW | LOWES COS INC | $9.2M | 2.21% | 41,450 | Common | SOLE |
| 530307305 | LBRDK | LIBERTY BROADBAND CORP | $2.4M | 0.58% | 24,605 | Common | SOLE |
| 292671708 | UUUU | ENERGY FUELS INC | $38,870 | 0.01% | 6,760 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.