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Asset Manager ← All Institutions

LAKEWOOD CAPITAL MANAGEMENT, LP

Q2 2026 · Filed 2026-08-14
Market Value
$1.9B
+24.2%
Holdings
69
+3
New Purchases
10
Added To
23
Closed
10
Reduced
15
Top 10 Concentration
44.7%
Turnover
29.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CPA 4.13% 0.00% +4.13% $77M
SPOT 2.30% 0.00% +2.30% $43M
CCS 1.87% 0.00% +1.87% $35M
CDW 3.64% 2.02% +1.62% $68M
MA 3.01% 1.45% +1.56% $56M
AXTA 6.28% 5.34% +0.94% $117M
CRL 1.63% 0.79% +0.84% $30M
HCA 0.80% 0.00% +0.80% $15M
META 3.50% 2.70% +0.80% $65M
V 2.22% 1.44% +0.78% $41M
IQV 3.29% 2.64% +0.65% $61M
INGM 0.58% 0.00% +0.58% $11M
LKQ 0.37% 0.00% +0.37% $7M
NSP 0.37% 0.00% +0.37% $7M
IOT 0.30% 0.00% +0.30% $6M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AL 0.00% 2.10% -2.10% $0
CI 6.32% 7.57% -1.25% $118M
UNFI 0.86% 1.96% -1.11% $16M
BZH 0.00% 1.00% -1.00% $0
ANTM 1.23% 2.19% -0.96% $23M
SSNC 3.38% 4.26% -0.88% $63M
HSIC 0.43% 1.29% -0.85% $8M
GPI 3.86% 4.69% -0.83% $72M
BC 2.08% 2.84% -0.77% $39M
UNP 1.48% 2.21% -0.73% $28M
TFSL 1.97% 2.65% -0.69% $37M
IBIT 0.20% 0.76% -0.56% $4M
WEX 1.52% 2.05% -0.53% $28M
KMPR 0.50% 1.02% -0.52% $9M
TFX 0.00% 0.51% -0.51% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 8 $222M 11.9%
Large Cap 26 $937M 50.2%
Mid Cap 27 $634M 34.0%
Small Cap 7 $69M 3.7%
Micro Cap 1 $4M 0.2%

Portfolio Analytics

Avg Market Cap
$199.6B
Median Market Cap
$9.7B
Avg P/E
24.4
Median P/E
16.6
Avg Dividend Yield
0.01%
Avg Beta
1.18
# Stocks
65
# ETFs / Funds
4

Top Holdings (69 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 CI 6.32% 427,807 $118M $275.68 $4M +1,500 +0.3%
2 AXTA 6.28% 3,423,648 $117M $34.22 $37M +528,000 +18.2%
3 ICLR 5.45% 585,200 $102M $173.71 $19M -162,500 -21.7%
4 ALLY 4.33% 1,758,809 $81M $45.95 $16M +106,000 +6.4%
5 CPA 4.13% 494,900 $77M $155.57 — +494,900 — NEW
6 GPI 3.86% 247,614 $72M $291.17 $2M +34,538 +16.2%
7 SHC 3.79% 3,979,581 $71M $17.75 $12M -125,000 -3.0%
8 CDW 3.64% 483,500 $68M $140.64 $38M +232,500 +92.6%
9 META 3.50% 115,985 $65M $563.29 $25M +45,130 +63.7%
10 SSNC 3.38% 1,016,954 $63M $62.05 -$884K +70,000 +7.4%
11 IQV 3.29% 317,900 $61M $193.22 $22M +85,500 +36.8%
12 VTRS 3.18% 3,735,900 $59M $15.88 $10M +65,000 +1.8%
13 MA 3.01% 109,454 $56M $513.60 $34M +65,791 +150.7%
14 FAF 2.70% 735,904 $50M $68.59 $12M +92,000 +14.3%
15 SPOT 2.30% 93,500 $43M $459.13 — +93,500 — NEW
16 V 2.22% 120,578 $41M $343.09 $20M +49,002 +68.5%
17 BC 2.08% 460,467 $39M $84.24 -$4M -127,000 -21.6%
18 MSFT 2.03% 101,534 $38M $373.02 $2M +5,000 +5.2%
19 ARW 2.02% 176,360 $38M $213.41 $1M -79,000 -30.9%
20 TFSL 1.97% 2,070,382 $37M $17.72 -$3M -765,000 -27.0%
21 ABG 1.92% 178,629 $36M $201.08 $9M +43,000 +31.7%
22 CCS 1.87% 487,000 $35M $71.66 — +487,000 — NEW
23 SW 1.80% 727,897 $34M $46.26 $7M +52,000 +7.7%
24 CRL 1.63% 134,000 $30M $226.79 $18M +65,000 +94.2%
25 BKNG 1.58% 165,200 $29M $178.24 $6M +159,605 +2852.6%
26 WEX 1.52% 200,968 $28M $141.09 -$2M — —
27 UNP 1.48% 101,700 $28M $272.00 -$6M -35,000 -25.6%
28 APO 1.44% 227,197 $27M $118.31 $2M +3,000 +1.3%
29 JD 1.38% 1,009,050 $26M $25.48 -$1M +105,000 +11.6%
30 ANTM 1.23% 59,350 $23M $386.73 -$10M -53,000 -47.2%
31 CPNG 1.21% 1,305,000 $23M $17.37 $3M +265,000 +25.5%
32 GOOGL 1.16% 60,580 $22M $357.37 $5M +3,000 +5.2%
33 SPGI 1.13% 51,750 $21M $407.26 $2M +8,000 +18.3%
34 GPN 0.95% 244,300 $18M $72.56 $1M — —
35 RELY 0.90% 751,200 $17M $22.41 -$2M -450,000 -37.5%
36 UNFI 0.86% 350,000 $16M $45.67 -$14M -305,000 -46.6%
37 HCA 0.80% 38,500 $15M $389.89 — +38,500 — NEW
38 INGM 0.58% 395,000 $11M $27.43 — +395,000 — NEW
39 NICE 0.57% 116,800 $11M $90.85 -$2M — —
40 CMCSA 0.55% 420,748 $10M $24.55 -$4M -80,000 -16.0%
41 LEG 0.52% 830,000 $10M $11.71 $2M +50,000 +6.4%
42 KMPR 0.50% 343,090 $9M $26.96 -$6M -158,000 -31.5%
43 HSIC 0.43% 97,000 $8M $83.52 -$11M -165,000 -63.0%
44 LRN 0.42% 90,000 $8M $86.24 -$174K — —
45 DKNG 0.41% 304,500 $8M $25.26 -$189K -60,000 -16.5%
46 LKQ 0.37% 265,000 $7M $26.33 — +265,000 — NEW
47 NSP 0.37% 165,000 $7M $41.31 — +165,000 — NEW
48 AVT 0.34% 72,000 $6M $88.82 $1M -11,000 -13.2%
49 EME 0.31% 7,000 $6M $829.88 $641K — —
50 IOT 0.30% 175,000 $6M $32.43 — +175,000 — NEW
51 GBTC 0.30% 123,500 $6M $45.52 -$894K — —
52 FRMI 0.29% 600,000 $5M $9.16 — +600,000 — NEW
53 GDS 0.29% 179,000 $5M $30.03 — +179,000 — NEW
54 HIPO 0.29% 190,000 $5M $28.26 $418K — —
55 LAW 0.22% 1,106,531 $4M $3.78 -$44K — —
56 IBIT 0.20% 113,510 $4M $33.29 -$8M -183,000 -61.7%
57 VSNTV 0.20% 104,029 $4M $36.01 -$105K — —
58 SBET 0.14% 559,000 $3M $4.80 -$922K — —
59 BTC 0.03% 24,700 $641K $25.95 -$100K — —
60 BAND —% — — — -$1M -65,721 -100.0% SOLD
61 WAY —% — — — -$2M -96,700 -100.0% SOLD
62 ASST —% — — — -$3M -328,570 -100.0% SOLD
63 AL —% — — — -$32M -485,878 -100.0% SOLD
64 TFX —% — — — -$8M -64,000 -100.0% SOLD
65 BZH —% — — — -$15M -777,506 -100.0% SOLD
66 DELL —% — — — -$6M -35,800 -100.0% SOLD
67 QQQ —% — — — -$5M -8,500 -100.0% SOLD
68 COF —% — — — -$3M -18,000 -100.0% SOLD
69 C —% — — — -$7M -64,339 -100.0% SOLD

Options Breakdown

3 Calls $13M Call Value 5 Puts $0 Put Value 0.0 P/C Ratio

Top Calls

SymbolSharesValueStatus
NICE 64,200 $6M
SNAP 1,250,000 $6M
FRMI 150,000 $1M NEW

Top Puts

SymbolSharesValueStatus
IONQ — $0 SOLD
QS — $0 SOLD
QBTS — $0 SOLD
FIX — $0 SOLD
QUBT — $0 SOLD

New Positions

SymbolValue% Port
CPA $77M 4.13%
SPOT $43M 2.30%
CCS $35M 1.87%
HCA $15M 0.80%
INGM $11M 0.58%
LKQ $7M 0.37%
NSP $7M 0.37%
IOT $6M 0.30%
FRMI $5M 0.29%
GDS $5M 0.29%

Sold Out Positions

SymbolValue% Port
C — —%
COF — —%
BZH — —%
TFX — —%
ASST — —%
BAND — —%
QQQ — —%
WAY — —%
DELL — —%
AL — —%
View SEC EDGAR Filings for LAKEWOOD CAPITAL MANAGEMENT, LP →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms