Institutional Manager · CIK 0001694127
LFL Advisers, LLC
EVANSTON, IL · File #028-17640
Latest AUM
$304.8M
Positions
8
Top-10 Concentration
100.0%
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 | TE CONNECTIVITY LTD | TEL | -21,551 | -$4.9M | +$2.0M |
| ADD | PROGRESSIVE CORP OHIO | 743315103 | +19,021 | +$4.3M | -$2.3M |
| ADD | BANK NEW YORK MELLON CORP | 064058100 | +12,527 | +$1.5M | +$3.2M |
| ADD | ALPHABET INC | GOOG | +3,541 | +$1.1M | +$8.9M |
| ADD | AUTOLIV INC | ALV | +8,500 | +$1.0M | -$1.5M |
| ADD | AON PLC | AON | +2,511 | +$886,082 | -$333,541 |
| ADD | BERKSHIRE HATHAWAY INC DEL | BRK-A | +863 | +$433,787 | -$2,775 |
| ADD | LAMAR ADVERTISING CO NEW | LAMR | +2,661 | +$336,829 | +$1.3M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20258 pos · $304.8M
- 13F HOLDINGS REPORTQ/E Sep 20258 pos · $288.9M
- 13F HOLDINGS REPORTQ/E Jun 20258 pos · $250.2M
- 13F HOLDINGS REPORTQ/E Mar 20258 pos · $228.6M
- 13F HOLDINGS REPORTQ/E Dec 20249 pos · $256.7M
- 13F HOLDINGS REPORTQ/E Sep 202410 pos · $279.0M
- 13F HOLDINGS REPORTQ/E Jun 202411 pos · $254.1M
- 13F HOLDINGS REPORTQ/E Mar 202411 pos · $277.0M
- 13F HOLDINGS REPORTQ/E Dec 202311 pos · $204.6M
Top 8 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | BANK NEW YORK MELLON CORP | 064058100 | 462,626 | $53.7M | 17.62% |
| 2 | TE CONNECTIVITY LTD | TEL | 233,887 | $53.2M | 17.46% |
| 3 | ALPHABET INC | GOOG | 130,579 | $41.0M | 13.44% |
| 4 | LAMAR ADVERTISING CO NEW | LAMR | 308,335 | $39.0M | 12.80% |
| 5 | AUTOLIV INC | ALV | 314,507 | $37.3M | 12.25% |
| 6 | AON PLC | AON | 92,657 | $32.7M | 10.73% |
| 7 | PROGRESSIVE CORP OHIO | 743315103 | 140,272 | $31.9M | 10.48% |
| 8 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 31,693 | $15.9M | 5.23% |