Q3 2025 · 13F-HR
LAKEWOOD CAPITAL MANAGEMENT, LPholdings as filed
Filed 2025-11-14 · accession 0001172661-25-004842
$1.33B
Reported value
56
Positions
2025-09-30
Period end
The Brief · LAKEWOOD CAPITAL MANAGEMENT, LP · Q3 2025
AI · grounded in 13F
Lakewood Capital Management, LP established a new position in ELV valued at $97.5M. The fund also initiated new stakes in CI for $97.2M and ARW for $69.9M. Additional new positions included SSNC and KMPR. The fund ended the period with 56 positions and total AUM of $1.3B.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 036752103 | ELV | ELEVANCE HEALTH INC FORMERLY | $97.5M | 7.35% | 301,650 | Common | SOLE |
| 125523100 | CI | THE CIGNA GROUP | $97.2M | 7.34% | 337,307 | Common | SOLE |
| 042735100 | ARW | ARROW ELECTRS INC | $69.9M | 5.27% | 577,360 | Common | SOLE |
| 78467J100 | SSNC | SS&C TECHNOLOGIES HLDGS INC | $68.3M | 5.16% | 769,954 | Common | SOLE |
| 488401100 | KMPR | KEMPER CORP | $60.9M | 4.59% | 1,181,090 | Common | SOLE |
| G8267P108 | SW | SMURFIT WESTROCK PLC | $49.4M | 3.73% | 1,160,297 | Common | SOLE |
| 31847R102 | FAF | FIRST AMERN FINL CORP | $48.9M | 3.69% | 760,604 | Common | SOLE |
| 83601L102 | SHC | SOTERA HEALTH CO | $48.2M | 3.64% | 3,062,739 | Common | SOLE |
| G81276100 | SIG | SIGNET JEWELERS LIMITED | $46.6M | 3.52% | 486,300 | Common | SOLE |
| 117043109 | BC | BRUNSWICK CORP | $46.4M | 3.50% | 733,467 | Common | SOLE |
| 398905109 | GPI | GROUP 1 AUTOMOTIVE INC | $45.2M | 3.41% | 103,276 | Common | SOLE |
| 46266C105 | IQV | IQVIA HLDGS INC | $43.2M | 3.26% | 227,200 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $42.0M | 3.17% | 413,839 | Common | SOLE |
| G4705A100 | ICLR | ICON PLC | $41.9M | 3.16% | 239,200 | Common | SOLE |
| 20030N101 | CMCSA | COMCAST CORP NEW | $34.9M | 2.63% | 1,110,748 | Common | SOLE |
| G0750C108 | AXTA | AXALTA COATING SYS LTD | $34.0M | 2.56% | 1,187,648 | Common | SOLE |
| 87240R107 | TFSL | TFS FINL CORP | $33.4M | 2.52% | 2,533,382 | Common | SOLE |
| 96208T104 | WEX | WEX INC | $32.4M | 2.44% | 205,468 | Common | SOLE |
| 00912X302 | AL | AIR LEASE CORP | $30.9M | 2.33% | 485,878 | Common | SOLE |
| H2927K103 | AMRZ | AMRIZE LTD | $29.8M | 2.25% | 615,000 | Common | SOLE |
| 043436104 | ABG | ASBURY AUTOMOTIVE GROUP INC | $26.2M | 1.98% | 107,129 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $25.9M | 1.95% | 398,510 | Common | SOLE |
| 159864107 | CRL | CHARLES RIV LABS INTL INC | $21.9M | 1.66% | 140,240 | Common | SOLE |
| 37940X102 | GPN | GLOBAL PMTS INC | $20.3M | 1.53% | 244,300 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $19.3M | 1.45% | 79,280 | Common | SOLE |
| 07556Q881 | BZH | BEAZER HOMES USA INC | $17.2M | 1.30% | 701,006 | Common | SOLE |
| 47215P106 | JD | JD.COM INC | $15.5M | 1.17% | 443,850 | Common | SOLE |
| G7997W102 | SDRL | SEADRILL LTD | $15.1M | 1.14% | 500,100 | Common | SOLE |
| 653656108 | NICE | NICE LTD | $13.8M | 1.04% | 95,600 | Common | SOLE |
| 589400100 | MCY | MERCURY GENL CORP NEW | $13.4M | 1.01% | 158,218 | Common | SOLE |
| 02005N100 | ALLY | ALLY FINL INC | $12.4M | 0.94% | 316,809 | Common | SOLE |
| G9456A100 | GLNG | GOLAR LNG LTD | $12.1M | 0.91% | 300,000 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $12.1M | 0.91% | 16,470 | Common | SOLE |
| 389637109 | GBTC | GRAYSCALE BITCOIN TRUST ETF | $11.1M | 0.84% | 123,500 | Common | SOLE |
| 02553E106 | AEO | AMERICAN EAGLE OUTFITTERS IN | $11.1M | 0.83% | 645,900 | Common | SOLE |
| 191241108 | KOF | COCA-COLA FEMSA SAB DE CV | $11.0M | 0.83% | 131,800 | Common | SOLE |
| 03769M106 | APO | APOLLO GLOBAL MGMT INC | $9.8M | 0.74% | 73,197 | Common | SOLE |
| 433539202 | HIPO | HIPPO HLDGS INC | $6.9M | 0.52% | 190,000 | Common | SOLE |
| 126327105 | LAW | CS DISCO INC | $6.6M | 0.50% | 1,016,531 | Common | SOLE |
| M8744T106 | TBLA | TABOOLA.COM LTD | $6.5M | 0.49% | 1,893,541 | Common | SOLE |
| 38246G108 | GDRX | GOODRX HLDGS INC | $6.3M | 0.48% | 1,492,274 | Common | SOLE |
| 375916103 | GIL | GILDAN ACTIVEWEAR INC | $6.2M | 0.47% | 107,041 | Common | SOLE |
| 26142V105 | DKNG | DRAFTKINGS INC NEW | $4.9M | 0.37% | 132,000 | Common | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $3.8M | 0.29% | 18,000 | Common | SOLE |
| 21036P108 | STZ | CONSTELLATION BRANDS INC | $3.7M | 0.28% | 27,500 | Common | SOLE |
| 05988J103 | BAND | BANDWIDTH INC | $3.0M | 0.23% | 180,721 | Common | SOLE |
| G63755105 | NIQ | NIQ GLOBAL INTELLIGENCE PLC | $1.8M | 0.13% | 113,000 | Common | SOLE |
| 389930207 | BTC | GRAYSCALE BITCOIN MINI TR ET | $1.3M | 0.09% | 24,700 | Common | SOLE |
| 76655K103 | RGTI | RIGETTI COMPUTING INC | $1.2M | 0.09% | 39,700 | PUT | SOLE |
| 02156V109 | OKLO | OKLO INC | $1.1M | 0.08% | 10,000 | PUT | SOLE |
| Q4982L109 | IREN | IREN LIMITED | $938,600 | 0.07% | 20,000 | PUT | SOLE |
| G9059U107 | TSEOF | TRINSEO PLC | $661,006 | 0.05% | 281,279 | Common | SOLE |
| 26740W109 | QBTS | D-WAVE QUANTUM INC | $494,200 | 0.04% | 20,000 | PUT | SOLE |
| 83125X103 | SNBR | SLEEP NUMBER CORP | $391,702 | 0.03% | 55,798 | Common | SOLE |
| 74766W108 | QUBT | QUANTUM COMPUTING INC | $276,150 | 0.02% | 15,000 | PUT | SOLE |
| 74767V109 | QS | QUANTUMSCAPE CORP | $246,400 | 0.02% | 20,000 | PUT | 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.