Institutional Manager · CIK 0001966581
Lakewood Asset Management LLC
NAPERVILLE, IL · File #028-23154
Latest AUM
$170.2M
Positions
105
Top-10 Concentration
45.6%
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 |
|---|---|---|---|---|---|
| ADD | VANGUARD INSTL INDEX FD | 922040845 | +78,694 | +$5.9M | -$5,803 |
| REDUCE | SPDR SERIES TRUST | 78468R663 | -44,439 | -$4.1M | -$29,986 |
| ADD | VANGUARD MALVERN FDS | 922020755 | +37,841 | +$3.0M | -$16,873 |
| REDUCE | ULTA BEAUTY INC | ULTA | -2,995 | -$1.8M | +$228,145 |
| NEW | LULULEMON ATHLETICA INC | LULU | +5,028 | +$1.0M | $0 |
| ADD | VANGUARD BD INDEX FDS | 92203C303 | +16,279 | +$811,342 | -$5,711 |
| NEW | ISHARES SILVER TR | SLV | +9,320 | +$600,394 | $0 |
| EXITED | VANGUARD WELLINGTON FD | 921935870 | -4,932 | -$502,719 | $0 |
| ADD | SCHWAB STRATEGIC TR | 808524771 | +13,467 | +$366,437 | +$309,749 |
| REDUCE | CATERPILLAR INC | CAT | -632 | -$362,151 | +$172,899 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025105 pos · $170.2M
- 13F HOLDINGS REPORTQ/E Sep 2025104 pos · $165.4M
- 13F HOLDINGS REPORTQ/E Jun 2025101 pos · $149.7M
- 13F HOLDINGS REPORTQ/E Mar 2025101 pos · $148.2M
- 13F HOLDINGS REPORTQ/E Dec 2024120 pos · $145.2M
- 13F HOLDINGS REPORTQ/E Sep 2024119 pos · $146.4M
- 13F HOLDINGS REPORTQ/E Jun 2024116 pos · $143.4M
- 13F HOLDINGS REPORTQ/E Mar 2024115 pos · $147.1M
- 13F HOLDINGS REPORTQ/E Dec 2023111 pos · $122.6M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 23,245 | $11.7M | 7.88% |
| 2 | SCHWAB STRATEGIC TR | 808524771 | 353,870 | $9.6M | 6.50% |
| 3 | VANGUARD INSTL INDEX FD | 922040845 | 110,129 | $8.3M | 5.61% |
| 4 | VANGUARD INTL EQUITY INDEX F | 922042742 | 49,667 | $7.0M | 4.73% |
| 5 | VANGUARD MALVERN FDS | 922020755 | 70,644 | $5.5M | 3.72% |
| 6 | EBAY INC. | EBAY | 62,715 | $5.5M | 3.69% |
| 7 | MCKESSON CORP | MCK | 6,626 | $5.4M | 3.67% |
| 8 | WILLIAMS SONOMA INC | WSM | 28,315 | $5.1M | 3.41% |
| 9 | AUTOZONE INC | AZO | 1,426 | $4.8M | 3.26% |
| 10 | BANK AMERICA CORP | 060505104 | 85,439 | $4.7M | 3.17% |
| 11 | CONOCOPHILLIPS | COP | 45,848 | $4.3M | 2.90% |
| 12 | NVR INC | NVR | 554 | $4.0M | 2.73% |
| 13 | APPLE INC | AAPL | 14,719 | $4.0M | 2.70% |
| 14 | RTX CORPORATION | RTX | 20,796 | $3.8M | 2.57% |
| 15 | BOOKING HOLDINGS INC | BKNG | 655 | $3.5M | 2.37% |
| 16 | VANGUARD INDEX FDS | 922908769 | 10,076 | $3.4M | 2.28% |
| 17 | SPDR SERIES TRUST | 78468R663 | 36,850 | $3.4M | 2.27% |
| 18 | HEWLETT PACKARD ENTERPRISE C | HPE-PC | 138,736 | $3.3M | 2.25% |
| 19 | M & T BK CORP | 55261F104 | 16,138 | $3.3M | 2.19% |
| 20 | REGIONS FINANCIAL CORP NEW | RF-PF | 100,657 | $2.7M | 1.84% |