Q1 2026 · 13F-HR
LAKEWOOD CAPITAL MANAGEMENT, LPholdings as filed
Filed 2026-05-15 · accession 0001172661-26-002096
$1.58B
Reported value
69
Positions
2026-03-31
Period end
The Brief · LAKEWOOD CAPITAL MANAGEMENT, LP · Q1 2026
AI · grounded in 13F
Lakewood Capital Management, LP exited its position in ASTS for a reduction of $31.67M. The fund established new positions in MSFT for $35.73M, CDW for $30.38M, and BKNG for $23.56M. Additionally, the manager increased share counts in ICLR by 124.87% and VTRS by 118.34%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 125523100 | CI | THE CIGNA GROUP | $113.7M | 7.18% | 426,307 | Common | SOLE |
| G4705A100 | ICLR | ICON PLC | $82.7M | 5.23% | 747,700 | Common | SOLE |
| G0750C108 | AXTA | AXALTA COATING SYS LTD | $80.2M | 5.07% | 2,895,648 | Common | SOLE |
| 398905109 | GPI | GROUP 1 AUTOMOTIVE INC | $70.4M | 4.45% | 213,076 | Common | SOLE |
| 02005N100 | ALLY | ALLY FINL INC | $64.8M | 4.10% | 1,652,809 | Common | SOLE |
| 78467J100 | SSNC | SS&C TECH HLDGS | $64.0M | 4.04% | 946,954 | Common | SOLE |
| 83601L102 | SHC | SOTERA HEALTH CO | $58.9M | 3.72% | 4,104,581 | Common | SOLE |
| 92556V106 | VTRS | VIATRIS INC | $49.6M | 3.13% | 3,670,900 | Common | SOLE |
| H2927K103 | AMRZ | AMRIZE LTD | $45.6M | 2.88% | 814,200 | Common | SOLE |
| 117043109 | BC | BRUNSWICK CORP | $42.7M | 2.70% | 587,467 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $40.5M | 2.56% | 70,855 | Common | SOLE |
| 87240R107 | TFSL | TFS FINL CORP | $39.8M | 2.52% | 2,835,382 | Common | SOLE |
| 46266C105 | IQV | IQVIA HLDGS INC | $39.6M | 2.50% | 232,400 | Common | SOLE |
| 31847R102 | FAF | FIRST AMERN FINL CORP | $38.8M | 2.45% | 643,904 | Common | SOLE |
| 042735100 | ARW | ARROW ELECTRS INC | $36.6M | 2.31% | 255,360 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $35.7M | 2.26% | 96,534 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $33.2M | 2.10% | 136,700 | Common | SOLE |
| 036752103 | ELV | ELEVANCE HEALTH INC FORMERLY | $32.9M | 2.08% | 112,350 | Common | SOLE |
| 00912X302 | AL | AIR LEASE CORP | $31.6M | 1.99% | 485,878 | Common | SOLE |
| 96208T104 | WEX | WEX INC | $30.8M | 1.94% | 200,968 | Common | SOLE |
| 12514G108 | CDW | CDW CORP | $30.4M | 1.92% | 251,000 | Common | SOLE |
| 911163103 | UNFI | UNITED NAT FOODS INC | $29.5M | 1.86% | 655,000 | Common | SOLE |
| G8267P108 | SW | SMURFIT WESTROCK PLC | $26.9M | 1.70% | 675,897 | Common | SOLE |
| 47215P106 | JD | JD.COM INC | $26.7M | 1.69% | 904,050 | Common | SOLE |
| 043436104 | ABG | ASBURY AUTOMOTIVE GROUP INC | $26.5M | 1.67% | 135,629 | Common | SOLE |
| 03769M106 | APO | APOLLO GLOBAL MGMT INC | $25.0M | 1.58% | 224,197 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $23.6M | 1.49% | 5,595 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $21.8M | 1.38% | 43,663 | Common | SOLE |
| 92826C839 | V | VISA INC | $21.6M | 1.37% | 71,576 | Common | SOLE |
| 22266T109 | CPNG | COUPANG INC | $19.6M | 1.24% | 1,040,000 | Common | SOLE |
| 806407102 | HSIC | SCHEIN HENRY INC | $19.3M | 1.22% | 262,000 | Common | SOLE |
| 75960P104 | RELY | REMITLY GLOBAL INC | $18.8M | 1.19% | 1,201,200 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $18.6M | 1.18% | 43,750 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $16.6M | 1.05% | 57,580 | Common | SOLE |
| 37940X102 | GPN | GLOBAL PMTS INC | $16.4M | 1.04% | 244,300 | Common | SOLE |
| 488401100 | KMPR | KEMPER CORP | $15.3M | 0.97% | 501,090 | Common | SOLE |
| 07556Q881 | BZH | BEAZER HOMES USA INC | $15.0M | 0.95% | 777,506 | Common | SOLE |
| 20030N101 | CMCSA | COMCAST CORP NEW | $14.4M | 0.91% | 500,748 | Common | SOLE |
| 653656108 | NICE | NICE LTD | $12.9M | 0.81% | 116,800 | Common | SOLE |
| 159864107 | CRL | CHARLES RIV LABS INTL INC | $11.9M | 0.75% | 69,000 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $11.4M | 0.72% | 296,510 | Common | SOLE |
| 199908104 | FIX | COMFORT SYS USA INC | $11.0M | 0.70% | 8,000 | PUT | SOLE |
| 86333M108 | LRN | STRIDE INC | $7.9M | 0.50% | 90,000 | Common | SOLE |
| 26142V105 | DKNG | DRAFTKINGS INC NEW | $7.9M | 0.50% | 364,500 | Common | SOLE |
| 524660107 | LEG | LEGGETT & PLATT INC | $7.7M | 0.49% | 780,000 | Common | SOLE |
| 879369106 | TFX | TELEFLEX INCORPORATED | $7.7M | 0.48% | 64,000 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $7.3M | 0.46% | 64,339 | Common | SOLE |
| 389637109 | GBTC | GRAYSCALE BITCOIN TRUST ETF | $6.5M | 0.41% | 123,500 | Common | SOLE |
| 653656108 | NICE | NICE LTD | $6.0M | 0.38% | 54,200 | CALL | SOLE |
| 24703L202 | DELL | DELL TECHNOLOGIES INC | $5.9M | 0.37% | 35,800 | Common | SOLE |
| M8744T106 | TBLA | TABOOLA.COM LTD | $5.9M | 0.37% | 1,893,541 | Common | SOLE |
| 83304A106 | SNAP | SNAP INC | $5.8M | 0.36% | 1,250,000 | CALL | SOLE |
| 29084Q100 | EME | EMCOR GROUP INC | $5.2M | 0.33% | 7,000 | Common | SOLE |
| 053807103 | AVT | AVNET INC | $5.1M | 0.32% | 83,000 | Common | SOLE |
| 433539202 | HIPO | HIPPO HLDGS INC | $5.0M | 0.31% | 190,000 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $4.9M | 0.31% | 8,500 | Common | SOLE |
| 126327105 | LAW | CS DISCO INC | $4.2M | 0.27% | 1,106,531 | Common | SOLE |
| 925283103 | VSNT | VERSANT MEDIA GROUP INC | $3.9M | 0.24% | 104,029 | Common | SOLE |
| 820014405 | SBET | SHARPLINK INC | $3.6M | 0.23% | 559,000 | Common | SOLE |
| G5279N105 | KLAR | KLARNA GROUP PLC | $3.5M | 0.22% | 270,000 | Common | SOLE |
| 862945300 | ASST | STRIVE INC | $3.3M | 0.21% | 328,570 | Common | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $3.3M | 0.21% | 18,000 | Common | SOLE |
| 946784105 | WAY | WAYSTAR HLDG CORP | $2.3M | 0.15% | 96,700 | Common | SOLE |
| 46222L108 | IONQ | IONQ INC | $1.4M | 0.09% | 50,000 | PUT | SOLE |
| 05988J103 | BAND | BANDWIDTH INC | $1.2M | 0.07% | 65,721 | Common | SOLE |
| 74767V109 | QS | QUANTUMSCAPE CORP | $765,600 | 0.05% | 120,000 | PUT | SOLE |
| 389930207 | BTC | GRAYSCALE BITCOIN MINI TR ET | $740,753 | 0.05% | 24,700 | Common | SOLE |
| 26740W109 | QBTS | D-WAVE QUANTUM INC | $288,600 | 0.02% | 20,000 | PUT | SOLE |
| 74766W108 | QUBT | QUANTUM COMPUTING INC | $102,750 | 0.01% | 15,000 | 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.