LFL Advisers, LLC — 13F Holdings & Portfolio

CIK 1694127 · latest 13F-HR filed 2026-05-13

LFL Advisers, LLC manages $332.4M in 13F-reported U.S. long-equity assets across 9 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are BK (16.40%), TEL (14.72%), SUNB (12.83%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 1 new position, exited 0, added to 1, and trimmed 4.

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.

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AUM

$332.4M

Long-equity book

Holdings

9

Distinct positions

Period

2026-03-31

Filed 2026-05-13

Q/Q Activity

+1 / −0 / ↑1 / ↓4

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • AON PLC$8.2M +25.0%
Show all 1

Top Trims

  • ALPHABET INC-$11.9M -29.0%
  • TE CONNECTIVITY LTD-$4.3M -8.1%
  • AUTOLIV INC-$4.2M -11.3%
  • PROGRESSIVE CORP OHIO-$4.0M -12.6%
Show all 4

New Positions

  • SUNBELT RENTALS HOLDINGS INC$42.7M
Show all 1

Exited Positions

  • No exits this quarter.
Show all 0
All Holdings

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 BANK NEW YORK MELLON CORP BK 064058100 $54.5M 16.40% 459,541 SH
2 TE CONNECTIVITY LTD TEL G87052109 $48.9M 14.72% 234,044 SH
3 SUNBELT RENTALS HOLDINGS INC SUNB 866966104 $42.7M 12.83% 659,883 SH
4 AON PLC AON G0403H108 $40.9M 12.30% 126,666 SH
5 LAMAR ADVERTISING CO NEW LAMR 512816109 $40.1M 12.05% 316,340 SH
6 AUTOLIV INC ALV 052800109 $33.1M 9.96% 314,925 SH
7 ALPHABET INC GOOG 02079K107 $29.1M 8.76% 101,453 SH
8 PROGRESSIVE CORP OHIO PGR 743315103 $27.9M 8.40% 140,779 SH
9 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $15.2M 4.58% 31,803 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-13 $332.4M 9 0001694127-26-000002
2025-12-31 2026-02-13 $304.8M 8 0001694127-26-000001
2025-09-30 2025-11-13 $288.9M 8 0001694127-25-000006