LAKEWOOD CAPITAL MANAGEMENT, LP — 13F Holdings & Portfolio
CIK 1424381 · latest 13F-HR filed 2026-05-15
LAKEWOOD CAPITAL MANAGEMENT, LP manages $1.58B in 13F-reported U.S. long-equity assets across 69 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are CI (7.18%), ICLR (5.23%), AXTA (5.07%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 17 new positions, exited 8, added to 18, and trimmed 24.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$1.58B
Long-equity book
69
Distinct positions
2026-03-31
Filed 2026-05-15
+17 / −8 / ↑18 / ↓24
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- VIATRIS INC$28.7M +136.9%
- GROUP 1 AUTOMOTIVE INC$26.7M +61.0%
- ICON PLC$22.2M +36.6%
- ALLY FINL INC$17.9M +38.1%
- AXALTA COATING SYS LTD$17.9M +28.7%
Top Trims
- CITIGROUP INC-$41.0M -84.9%
- ARROW ELECTRS INC-$21.0M -36.5%
- SMURFIT WESTROCK PLC-$18.9M -41.2%
- CHARLES RIV LABS INTL INC-$16.1M -57.5%
- BRUNSWICK CORP-$15.0M -26.0%
New Positions
- MICROSOFT CORP$35.7M
- CDW CORP$30.4M
- BOOKING HOLDINGS INC$23.6M
- MASTERCARD INCORPORATED$21.8M
- VISA INC$21.6M
Exited Positions
- COCA-COLA FEMSA SAB DE CV$17.7M
- GOLAR LNG LTD$16.2M
- MERCURY GENL CORP NEW$14.9M
- SIGNET JEWELERS LIMITED$10.1M
- AMERICAN EAGLE OUTFITTERS IN$4.6M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | THE CIGNA GROUP | CI | 125523100 | $113.7M | 7.18% | 426,307 | SH |
| 2 | ICON PLC | ICLR | G4705A100 | $82.7M | 5.23% | 747,700 | SH |
| 3 | AXALTA COATING SYS LTD | AXTA | G0750C108 | $80.2M | 5.07% | 2,895,648 | SH |
| 4 | GROUP 1 AUTOMOTIVE INC | GPI | 398905109 | $70.4M | 4.45% | 213,076 | SH |
| 5 | ALLY FINL INC | ALLY | 02005N100 | $64.8M | 4.10% | 1,652,809 | SH |
| 6 | SS&C TECH HLDGS | SSNC | 78467J100 | $64.0M | 4.04% | 946,954 | SH |
| 7 | SOTERA HEALTH CO | SHC | 83601L102 | $58.9M | 3.72% | 4,104,581 | SH |
| 8 | VIATRIS INC | VTRS | 92556V106 | $49.6M | 3.13% | 3,670,900 | SH |
| 9 | AMRIZE LTD | AMRZ | H2927K103 | $45.6M | 2.88% | 814,200 | SH |
| 10 | BRUNSWICK CORP | BC | 117043109 | $42.7M | 2.70% | 587,467 | SH |
| 11 | META PLATFORMS INC | META | 30303M102 | $40.5M | 2.56% | 70,855 | SH |
| 12 | TFS FINL CORP | TFSL | 87240R107 | $39.8M | 2.52% | 2,835,382 | SH |
| 13 | IQVIA HLDGS INC | IQV | 46266C105 | $39.6M | 2.50% | 232,400 | SH |
| 14 | FIRST AMERN FINL CORP | FAF | 31847R102 | $38.8M | 2.45% | 643,904 | SH |
| 15 | ARROW ELECTRS INC | ARW | 042735100 | $36.6M | 2.31% | 255,360 | SH |
| 16 | MICROSOFT CORP | MSFT | 594918104 | $35.7M | 2.26% | 96,534 | SH |
| 17 | UNION PAC CORP | UNP | 907818108 | $33.2M | 2.10% | 136,700 | SH |
| 18 | ELEVANCE HEALTH INC FORMERLY | ELV | 036752103 | $32.9M | 2.08% | 112,350 | SH |
| 19 | AIR LEASE CORP | AL | 00912X302 | $31.6M | 1.99% | 485,878 | SH |
| 20 | WEX INC | WEX | 96208T104 | $30.8M | 1.94% | 200,968 | SH |
| 21 | CDW CORP | CDW | 12514G108 | $30.4M | 1.92% | 251,000 | SH |
| 22 | UNITED NAT FOODS INC | UNFI | 911163103 | $29.5M | 1.86% | 655,000 | SH |
| 23 | SMURFIT WESTROCK PLC | SW | G8267P108 | $26.9M | 1.70% | 675,897 | SH |
| 24 | JD.COM INC | JD | 47215P106 | $26.7M | 1.69% | 904,050 | SH |
| 25 | ASBURY AUTOMOTIVE GROUP INC | ABG | 043436104 | $26.5M | 1.67% | 135,629 | SH |
| 26 | APOLLO GLOBAL MGMT INC | APO | 03769M106 | $25.0M | 1.58% | 224,197 | SH |
| 27 | BOOKING HOLDINGS INC | BKNG | 09857L108 | $23.6M | 1.49% | 5,595 | SH |
| 28 | MASTERCARD INCORPORATED | MA | 57636Q104 | $21.8M | 1.38% | 43,663 | SH |
| 29 | VISA INC | V | 92826C839 | $21.6M | 1.37% | 71,576 | SH |
| 30 | COUPANG INC | CPNG | 22266T109 | $19.6M | 1.24% | 1,040,000 | SH |
| 31 | SCHEIN HENRY INC | HSIC | 806407102 | $19.3M | 1.22% | 262,000 | SH |
| 32 | REMITLY GLOBAL INC | RELY | 75960P104 | $18.8M | 1.19% | 1,201,200 | SH |
| 33 | S&P GLOBAL INC | SPGI | 78409V104 | $18.6M | 1.18% | 43,750 | SH |
| 34 | ALPHABET INC | GOOGL | 02079K305 | $16.6M | 1.05% | 57,580 | SH |
| 35 | GLOBAL PMTS INC | GPN | 37940X102 | $16.4M | 1.04% | 244,300 | SH |
| 36 | KEMPER CORP | KMPR | 488401100 | $15.3M | 0.97% | 501,090 | SH |
| 37 | BEAZER HOMES USA INC | BZH | 07556Q881 | $15.0M | 0.95% | 777,506 | SH |
| 38 | COMCAST CORP NEW | CMCSA | 20030N101 | $14.4M | 0.91% | 500,748 | SH |
| 39 | NICE LTD | NICE | 653656108 | $12.9M | 0.81% | 116,800 | SH |
| 40 | CHARLES RIV LABS INTL INC | CRL | 159864107 | $11.9M | 0.75% | 69,000 | SH |
| 41 | ISHARES BITCOIN TRUST ETF | IBIT | 46438F101 | $11.4M | 0.72% | 296,510 | SH |
| 42 | COMFORT SYS USA INC Put | FIX | 199908104 | $11.0M | 0.70% | 8,000 | SH |
| 43 | STRIDE INC | LRN | 86333M108 | $7.9M | 0.50% | 90,000 | SH |
| 44 | DRAFTKINGS INC NEW | DKNG | 26142V105 | $7.9M | 0.50% | 364,500 | SH |
| 45 | LEGGETT & PLATT INC | LEG | 524660107 | $7.7M | 0.49% | 780,000 | SH |
| 46 | TELEFLEX INCORPORATED | TFX | 879369106 | $7.7M | 0.48% | 64,000 | SH |
| 47 | CITIGROUP INC | C | 172967424 | $7.3M | 0.46% | 64,339 | SH |
| 48 | GRAYSCALE BITCOIN TRUST ETF | GBTC | 389637109 | $6.5M | 0.41% | 123,500 | SH |
| 49 | NICE LTD Call | NICE | 653656108 | $6.0M | 0.38% | 54,200 | SH |
| 50 | DELL TECHNOLOGIES INC | DELL | 24703L202 | $5.9M | 0.37% | 35,800 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $1.58B | 69 | 0001172661-26-002096 |
| 2025-12-31 | 2026-02-17 | $1.51B | 63 | 0001172661-26-000848 |
| 2025-09-30 | 2025-11-14 | $1.33B | 56 | 0001172661-25-004842 |