Institutional Manager · CIK 0001424381
LAKEWOOD CAPITAL MANAGEMENT, LP
New York, NY · File #028-12815
Latest AUM
$1.51B
Positions
63
Top-10 Concentration
42.5%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | ELEVANCE HEALTH INC FORMERLY | ELV | -179,800 | -$63.0M | +$8.3M |
| NEW | UNION PAC CORP | UNP | +157,400 | +$36.4M | $0 |
| ADD | ALLY FINL INC | 02005N100 | +720,000 | +$32.6M | +$1.9M |
| NEW | AST SPACEMOBILE INC | ASTS | +436,000 | +$31.7M | $0 |
| REDUCE | SIGNET JEWELERS LIMITED | SIG | -364,000 | -$30.2M | -$6.3M |
| ADD | META PLATFORMS INC | META | +39,100 | +$25.8M | -$1.2M |
| ADD | AXALTA COATING SYS LTD | AXTA | +742,000 | +$24.0M | +$4.4M |
| NEW | HENRY SCHEIN INC | HSIC | +305,000 | +$23.1M | $0 |
| NEW | VIATRIS INC | VTRS | +1,681,300 | +$20.9M | $0 |
| REDUCE | KEMPER CORP | KMPB | -490,000 | -$19.9M | -$13.0M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202563 pos · $1.51B
- 13F HOLDINGS REPORTQ/E Sep 202556 pos · $1.33B
- 13F HOLDINGS REPORTQ/E Jun 202549 pos · $1.34B
- 13F HOLDINGS REPORTQ/E Mar 202547 pos · $1.15B
- 13F HOLDINGS REPORTQ/E Dec 202445 pos · $1.11B
- 13F HOLDINGS REPORTQ/E Sep 202447 pos · $1.27B
- 13F HOLDINGS REPORTQ/E Jun 202444 pos · $1.22B
- 13F HOLDINGS REPORTQ/E Mar 202443 pos · $1.23B
- 13F HOLDINGS REPORTQ/E Dec 202338 pos · $1.10B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | THE CIGNA GROUP | 125523100 | 405,307 | $111.6M | 7.53% |
| 2 | SS&C TECHNOLOGIES HLDGS INC | SSNC | 818,954 | $71.6M | 4.83% |
| 3 | AXALTA COATING SYS LTD | AXTA | 1,929,648 | $62.3M | 4.21% |
| 4 | ICON PLC | ICLR | 332,500 | $60.6M | 4.09% |
| 5 | SOTERA HEALTH CO | SHC | 3,399,581 | $60.0M | 4.05% |
| 6 | BRUNSWICK CORP | BC-PC | 778,467 | $57.8M | 3.90% |
| 7 | ARROW ELECTRS INC | 042735100 | 523,360 | $57.7M | 3.89% |
| 8 | FIRST AMERN FINL CORP | 31847R102 | 853,904 | $52.5M | 3.54% |
| 9 | CITIGROUP INC | C-PR | 413,839 | $48.3M | 3.26% |
| 10 | ALLY FINL INC | 02005N100 | 1,036,809 | $47.0M | 3.17% |
| 11 | SMURFIT WESTROCK PLC | SW | 1,185,297 | $45.8M | 3.09% |
| 12 | GROUP 1 AUTOMOTIVE INC | GPI | 111,276 | $43.8M | 2.95% |
| 13 | ELEVANCE HEALTH INC FORMERLY | ELV | 121,850 | $42.7M | 2.88% |
| 14 | AMRIZE LTD | AMRZ | 699,200 | $37.8M | 2.55% |
| 15 | TFS FINL CORP | 87240R107 | 2,750,382 | $36.8M | 2.48% |
| 16 | META PLATFORMS INC | META | 55,570 | $36.7M | 2.47% |
| 17 | UNION PAC CORP | UNP | 157,400 | $36.4M | 2.46% |
| 18 | IQVIA HLDGS INC | IQV | 157,000 | $35.4M | 2.39% |
| 19 | WEX INC | WEX | 227,968 | $34.0M | 2.29% |
| 20 | AST SPACEMOBILE INC | ASTS | 436,000 | $31.7M | 2.14% |