Lancaster Investment Management — 13F Holdings & Portfolio
CIK 1630064 · latest 13F-HR filed 2026-10-21
Lancaster Investment Management manages $163.7M in 13F-reported U.S. long-equity assets across 10 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are ECHO (25.43%), LBTYA (20.98%), SKHY (20.83%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 2 new positions and exited 2; 0 existing positions rose in reported value and 6 fell.
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.
Long-equity book
Distinct positions
Filed 2026-10-21
vs 2026-06-30
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q3 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q2 26 → Q3 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 100%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Jun 16, 2026.
LONDON W1W 5QA
United Kingdom
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| LAMPLOUGH, CHRISTOPHER, RICHARD Control | CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER since Apr 2021 | Less than 5% | Individual |
| LANCASTER INVESTMENT SERVICES Control | MANAGING MEMBER since Nov 2007 | 75% or more | Foreign Entity |
| ROYCROFT, JAMES, BENJAMIN Control | FOUNDING PARTNER since Nov 2007 | Less than 5% | Individual |
| WOOD, MATTHEW, THOMAS Control | CHIEF INVESTMENT OFFICER since Nov 2007 | Less than 5% | Individual |
| BUTLER, MICHAEL, EDWARD | PARTNER since Apr 2018 | Less than 5% | Individual |
| DAVIES, DANIEL, MARK | PARTNER since Apr 2013 | Less than 5% | Individual |
| Owens, Robert, Emmet | PARTNER since Apr 2025 | Less than 5% | Individual |
| LANCASTER MANAGEMENT (JERSEY) LTD Control Indirect owner via LANCASTER INVESTMENT SERVICES | 100% OWNER OF LANCASTER INVESTMENT SERVICES LTD since Aug 2007 | 75% or more | Foreign Entity |
| WOOD, MATTHEW, THOMAS Control Indirect owner via LANCASTER MANAGEMENT (JERSEY) LTD | SHAREHOLDER since Aug 2007 | 50–75% | Individual |
Ownership & leadership changes · 14 filings with changes since Feb 28, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- No longer listedOAKLEY CAPITAL INTERESTS · PARTNER (NON-EXECUTIVE) · Less than 5% · listed since Feb 2012
- AddedOwens, Robert, Emmet · PARTNER · Less than 5%
- No longer listedCHAGANI, HAFIZ, HANEEF · PARTNER · Less than 5% · listed since May 2019
- No longer listedLANCASTER MANAGEMENT (JERSEY) LTD · 100% OWNER OF LANCASTER INVESTMENT SERVICES LTD · 75% or more · indirect via LANCASTER INVESTMENT SERVICES LTD · control person · listed since Aug 2007
- AddedLANCASTER MANAGEMENT (JERSEY) LTD · 100% OWNER OF LANCASTER INVESTMENT SERVICES LTD · 75% or more · indirect via LANCASTER INVESTMENT SERVICES · control person
- No longer listedROYCROFT, JAMES, BENJAMIN · SHAREHOLDER · 25–50% · indirect via LANCASTER MANAGEMENT (JERSEY) LTD · control person · listed since Aug 2007
- No longer listedLANE, MEG · PARTNER · Less than 5% · listed since Apr 2016
- No longer listedWIENER, DANIEL, PATRICK · CHIEF EXECUTIVE, CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Oct 2010
- ChangedLAMPLOUGH, CHRISTOPHER, RICHARD · title PARTNER → CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER
- AddedCHAGANI, HAFIZ, HANEEF · PARTNER · Less than 5%
- ChangedDAVIES, DANIEL, MARK · no longer a control person
- ChangedLANE, MEG · no longer a control person
- ChangedOAKLEY CAPITAL INTERESTS · no longer a control person
- AddedBUTLER, MICHAEL, EDWARD · PARTNER · Less than 5%
- ChangedWIENER, DANIEL, PATRICK · title CHIEF EXECUTIVE → CHIEF EXECUTIVE, CHIEF COMPLIANCE OFFICER
- No longer listedMAYOR, NICHOLAS, DENNIS ROBERT · PARTNER · Less than 5% · control person · listed since Jul 2015
- No longer listedOAKLEY CAPITAL MANAGEMENT (BERMUDA) LTD · SHAREHOLDER · General partner, trustee or manager · indirect via LANCASTER MANAGEMENT (JERSEY) LTD · control person · listed since Aug 2009
- AddedLANE, MEG · PARTNER · Less than 5% · control person
- ChangedMAYOR, NICHOLAS, DENNIS ROBERT · now a control person
- AddedMAYOR, NICHOLAS, DENNIS ROBERT · PARTNER · Less than 5%
Older changes (5 more filings)
- AddedDAVIES, DANIEL, MARK · PARTNER · Less than 5% · control person
- ChangedROYCROFT, JAMES, BENJAMIN · title INVESTMENT ANALYST → FOUNDING PARTNER
- AddedLAMPLOUGH, CHRISTOPHER, RICHARD · PARTNER · Less than 5% · control person
- No longer listedGREETHAM, ANDREW, ALEXANDER · INVESTMENT ANALYST · Less than 5% · control person · listed since Jul 2010
- No longer listedIKLE, STEPHEN, KEMP · INVESTMENT ANALYST · Less than 5% · control person · listed since Jan 2008
- No longer listedTHAMSBORG, MADS, MILAN IDORN · INVESTMENT ANALYST · Less than 5% · control person · listed since Dec 2007
- No longer listedPITT, KATE · CHIEF OPERATING OFFICER · Less than 5% · control person · listed since Jun 2009
- ListedGREETHAM, ANDREW, ALEXANDER · INVESTMENT ANALYST · Less than 5% · control person
- ListedIKLE, STEPHEN, KEMP · INVESTMENT ANALYST · Less than 5% · control person
- ListedLANCASTER INVESTMENT SERVICES · MANAGING MEMBER · 75% or more · control person
- ListedLANCASTER MANAGEMENT (JERSEY) LTD · 100% OWNER OF LANCASTER INVESTMENT SERVICES LTD · 75% or more · indirect via LANCASTER INVESTMENT SERVICES LTD · control person
- ListedOAKLEY CAPITAL INTERESTS · PARTNER (NON-EXECUTIVE) · Less than 5% · control person
- ListedOAKLEY CAPITAL MANAGEMENT (BERMUDA) LTD · SHAREHOLDER · General partner, trustee or manager · indirect via LANCASTER MANAGEMENT (JERSEY) LTD · control person
- ListedPITT, KATE · CHIEF OPERATING OFFICER · Less than 5% · control person
- ListedROYCROFT, JAMES, BENJAMIN · INVESTMENT ANALYST · Less than 5% · control person
- ListedROYCROFT, JAMES, BENJAMIN · SHAREHOLDER · 25–50% · indirect via LANCASTER MANAGEMENT (JERSEY) LTD · control person
- ListedTHAMSBORG, MADS, MILAN IDORN · INVESTMENT ANALYST · Less than 5% · control person
- ListedWIENER, DANIEL, PATRICK · CHIEF EXECUTIVE · Less than 5% · control person
- ListedWOOD, MATTHEW, THOMAS · CHIEF INVESTMENT OFFICER · Less than 5% · control person
- ListedWOOD, MATTHEW, THOMAS · SHAREHOLDER · 50–75% · indirect via LANCASTER MANAGEMENT (JERSEY) LTD · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Trims
- LIBERTY GLOBAL-A-$8.7M -20.1%
- GRUPO GALICI-ADR-$4.1M -39.4%
- BANCO MACRO -ADR-$3.1M -30.2%
- MANCHESTER UNI-A-$2.0M -8.5%
- DICK'S SPORTING-$725.0K -40.8%
Lancaster Investment Management Holdings (2026-09-30)
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 | ECHOSTAR CORP-A | ECHO | 278768106 | $41.6M | 25.43% | 465,592 | SH |
| 2 | LIBERTY GLOBAL-A | LBTYA | G61188101 | $34.3M | 20.98% | 3,760,839 | SH |
| 3 | SK HYNIX INC-ADR | SKHY | 78392B206 | $34.1M | 20.83% | 185,194 | SH |
| 4 | MANCHESTER UNI-A | MANU | G5784H106 | $21.7M | 13.28% | 1,037,528 | SH |
| 5 | TRANSOCEAN LTD | RIG | H8817H100 | $15.6M | 9.54% | 2,980,715 | SH |
| 6 | BANCO MACRO -ADR | BMA | 05961W105 | $7.1M | 4.32% | 105,770 | SH |
| 7 | GRUPO GALICI-ADR | GGAL | 399909100 | $6.4M | 3.89% | 171,002 | SH |
| 8 | LEVI STRAUSS-A | LEVI | 52736R102 | $1.4M | 0.84% | 69,509 | SH |
| 9 | DICK'S SPORTING | DKS | 253393102 | $1.1M | 0.64% | 7,840 | SH |
| 10 | BROOKFIELD CORP PUT Put | BAMGF | 11271J957 | $402.0K | 0.25% | 11,031 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-21 | $163.7M | 10 | 0001630064-26-000006 |
| 2026-06-30 | 2026-07-13 | $165.4M | 10 | 0001630064-26-000003 |
| 2026-03-31 | 2026-04-20 | $181.7M | 9 | 0001630064-26-000002 |
| 2025-12-31 | 2026-01-12 | $195.0M | 8 | 0001630064-26-000001 |
152-156 GREAT PORTLAND STREET
LONDON, X0 W1W 6AJ