Top Institutional Investors

Lion Street Advisors, LLC — 13F Holdings & Portfolio

CIK 1801991 · latest 13F-HR filed 2025-11-10

Backtest portfolio

Lion Street Advisors, LLC manages $289.0M in 13F-reported U.S. long-equity assets across 224 reported positions as of its 2025-09-30 13F-HR filing. Its largest disclosed positions are GIS (34.78%), DRI (2.86%), VV (2.01%). Quarter over quarter (versus its 2025-06-30 filing) the fund opened 67 new positions and exited 117; 67 existing positions rose in reported value and 71 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.

Loading holdings…
AUM
$289.0M

Long-equity book

Holdings
224

Distinct positions

Period
2025-09-30

Filed 2025-11-10

Q/Q Activity
+67 / −117 / ↑67 / ↓71

vs 2025-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 25
GIS34.8% · +51%DRI2.9% · +186%VV2.0% · +25%AAPL2.0% · +36%VTI1.9% · +93%COST1.8% · +28%QQQ1.7% · -33%AMZN1.4% · -95%XOM1.1% · +55%XLK0.9% · +54%VXUS0.9% · newIVV0.9% · -18%MSFT0.8% · -7%BND0.8% · +115%IWD0.8% · -9%VOO0.8% · -66%SCHF0.7% · -44%VBR0.7% · +241%VO0.7% · -49%JPM0.6% · +38%ETN0.6% · +277%SPY0.6% · -25%CVX0.6% · +51%GOOGL0.6% · -94%VYM0.6% · -44%KO0.6% · +116%VEA0.5% · +21%IWP0.5% · +16%BNDX0.5% · +69%VTV0.5% · +28%SDY0.5% · +166%CSCO0.5% · +19%VCIT0.5% · -44%KMB0.5% · +37%EFA0.5% · -60%JNJ0.5% · +37%IWM0.4% · +254%OKE0.4% · +31%UNP0.4% · -12%FTNT0.4% · -80%FTSL0.4% · newUSIG0.4% · -7%PEP0.4% · -17%IWF0.4% · +542%TT0.4% · +56%VIG0.4% · -44%FPE0.4% · -6%IBM0.4% · +35%VUG0.4% · -9%FVD0.4% · +152%GLW0.4% · +24%PGX0.4% · +83%VEEV0.4% · +47%TSLA0.4% · -61%META0.4% · +80%PFF0.4% · newTSN0.3% · +17%IGEB0.3% · +25%WHR0.3% · -55%ADM0.3% · new

Box 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 value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 25 → Q3 25

Estimated 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

2 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 50.3%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Apr 1, 2025.

Assets Under Management
$3.18B
Discretionary
$2.11B
Employees
152
Accounts
7,668
Address
300 COLORADO
SUITE 2600
AUSTIN, TX 78701
Phone
(512) 776-8400
Website
This firm reports 3 disclosure items on its registration.
Name Title / Status Ownership Type
BURMEISTER, JOHN, FREDRICK ControlPRESIDENT & CEO
since Nov 2013
Less than 5%Individual
HECKLER, CARIE, MARIE ControlCCO
since May 2013
Less than 5%Individual
LION STREET, LLC ControlHOLDING COMPANY
since Jan 2022
75% or moreDomestic Entity
RATAJCZAK, KARI ControlCHIEF ACCOUNTING OFFICER
since May 2020
Less than 5%Individual
INTEGRITY MARKETING ACQUISITION, LLC Control
Indirect owner via INTEGRITY MARKETING PARTNERS, LLC
INDIRECT OWNER
since Jun 2016
75% or moreDomestic Entity
INTEGRITY MARKETING INTERMEDIATE, LLC Control
Indirect owner via INTEGRITY MARKETING ACQUISITION, LLC
INDIRECT OWNER
since Jun 2016
75% or moreDomestic Entity
INTEGRITY MARKETING PARENT, LLC Control
Indirect owner via INTEGRITY MARKETING INTERMEDIATE, LLC
INDIRECT OWNER
since Nov 2018
75% or moreForeign Entity
INTEGRITY MARKETING PARTNERS, LLC Control
Indirect owner via LION STREET, LLC
INDIRECT OWNER
since Jan 2022
75% or moreDomestic Entity
INTEGRITY, LLC Control
Indirect owner via INTEGRITY MARKETING PARENT, LLC
INDIRECT OWNER
since Nov 2018
75% or moreDomestic Entity
Ownership & leadership changes · 9 filings with changes since Apr 26, 2013

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.

Jun 25, 2024 filing
  • No longer listedINTEGRITY MARKETING GROUP, LLC · MEMBER · 75% or more · indirect via INTEGRITY MARKETING PARENT, LLC · control person · listed since Nov 2018
  • AddedINTEGRITY, LLC · INDIRECT OWNER · 75% or more · indirect via INTEGRITY MARKETING PARENT, LLC · control person
  • AddedRATAJCZAK, KARI · CHIEF ACCOUNTING OFFICER · Less than 5% · control person
  • ChangedHECKLER, CARIE, MARIE · now a control person
  • ChangedINTEGRITY MARKETING ACQUISITION, LLC · indirect via INTEGRITY MARKETING PARTNERS, LLC: title MEMBER → INDIRECT OWNER
  • ChangedINTEGRITY MARKETING INTERMEDIATE, LLC · indirect via INTEGRITY MARKETING ACQUISITION, LLC: title MEMBER → INDIRECT OWNER
  • ChangedINTEGRITY MARKETING PARENT, LLC · indirect via INTEGRITY MARKETING INTERMEDIATE, LLC: title MEMBER → INDIRECT OWNER
  • ChangedINTEGRITY MARKETING PARTNERS, LLC · indirect via LION STREET, LLC: title HOLDING COMPANY → INDIRECT OWNER
Feb 17, 2023 filing
  • No longer listedINTEGRITY MARKETING PARTNERS, LLC · HOLDING COMPANY · 75% or more · control person · listed since Jan 2022
  • No longer listedINTEGRITY MARKETING PARTNERS, LLC · HOLDING COMPANY · 75% or more · indirect via INTEGRITY MARKETING PARTNERS, LLC · control person · listed since Jan 2022
  • Listed againINTEGRITY MARKETING PARTNERS, LLC · HOLDING COMPANY · 75% or more · indirect via LION STREET, LLC · control person
  • Listed againLION STREET, LLC · HOLDING COMPANY · 75% or more · control person
Jan 31, 2023 filing
  • No longer listedINTEGRITY MARKETING PARTNERS, LLC · HOLDING COMPANY · 75% or more · indirect via LION STREET, LLC · listed since Jan 2022
  • No longer listedLION STREET, LLC · HOLDING COMPANY · 75% or more · control person · listed since Jan 2022
  • AddedINTEGRITY MARKETING ACQUISITION, LLC · MEMBER · 75% or more · indirect via INTEGRITY MARKETING PARTNERS, LLC · control person
  • AddedINTEGRITY MARKETING GROUP, LLC · MEMBER · 75% or more · indirect via INTEGRITY MARKETING PARENT, LLC · control person
  • AddedINTEGRITY MARKETING INTERMEDIATE, LLC · MEMBER · 75% or more · indirect via INTEGRITY MARKETING ACQUISITION, LLC · control person
  • AddedINTEGRITY MARKETING PARENT, LLC · MEMBER · 75% or more · indirect via INTEGRITY MARKETING INTERMEDIATE, LLC · control person
  • AddedINTEGRITY MARKETING PARTNERS, LLC · HOLDING COMPANY · 75% or more · control person
  • AddedINTEGRITY MARKETING PARTNERS, LLC · HOLDING COMPANY · 75% or more · indirect via INTEGRITY MARKETING PARTNERS, LLC · control person
Mar 30, 2022 filing
  • No longer listedAUSTIN VENTURES FUND X, LP · OWNER · 25–50% · indirect via LION STREET, INC. · listed since Aug 2010
  • No longer listedLION STREET, INC. · HOLDING COMPANY · 75% or more · control person · listed since May 2013
  • AddedINTEGRITY MARKETING PARTNERS, LLC · HOLDING COMPANY · 75% or more · indirect via LION STREET, LLC
  • AddedLION STREET, LLC · HOLDING COMPANY · 75% or more · control person
Apr 10, 2018 filing
  • ChangedBURMEISTER, JOHN, FREDRICK · title PRESIDENT/COO → PRESIDENT & CEO
Mar 7, 2016 filing
  • No longer listedWARDLAW, KYLE, NEWT · DIRECTOR OF SALES SUPERVISION · Less than 5% · listed since Mar 2014
Jun 26, 2014 filing
  • AddedWARDLAW, KYLE, NEWT · DIRECTOR OF SALES SUPERVISION · Less than 5%
May 30, 2014 filing
  • No longer listedLIONSTREET, INC. · HOLDING COMPANY · 75% or more · control person · listed since May 2013
  • AddedLION STREET, INC. · HOLDING COMPANY · 75% or more · control person
Dec 11, 2013 filing
  • No longer listedLEFFERTS, JOHN, MICHAEL · PRESIDENT/CEO · Less than 5% · control person · listed since May 2013
  • AddedBURMEISTER, JOHN, FREDRICK · PRESIDENT/COO · Less than 5% · control person
Apr 26, 2013 filing (earliest on record)
  • ListedAUSTIN VENTURES FUND X, LP · OWNER · 25–50% · indirect via LION STREET, INC.
  • ListedHECKLER, CARIE, MARIE · CCO · Less than 5%
  • ListedLEFFERTS, JOHN, MICHAEL · PRESIDENT/CEO · Less than 5% · control person
  • ListedLIONSTREET, INC. · HOLDING COMPANY · 75% or more · 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.

Lion Street Advisors, LLC Holdings (2025-09-30)

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 GENERAL MLS INC GIS 370334104 $100.5M 34.78% 1,626,426 SH
2 DARDEN RESTAURANTS INC DRI 237194105 $8.3M 2.86% 57,370 SH
3 VANGUARD INDEX FDS VV 922908637 $5.8M 2.01% 27,006 SH
4 APPLE INC AAPL 037833100 $5.7M 1.97% 38,070 SH
5 VANGUARD INDEX FDS VTI 922908769 $5.4M 1.86% 22,634 SH
6 COSTCO WHSL CORP NEW COST 22160K105 $5.2M 1.80% 10,558 SH
7 INVESCO QQQ TR QQQ 46090E103 $5.0M 1.73% 12,975 SH
8 AMAZON COM INC AMZN 023135106 $3.9M 1.36% 1,167 SH
9 EXXON MOBIL CORP XOM 30231G102 $3.1M 1.07% 48,063 SH
10 SELECT SECTOR SPDR TR XLK 81369Y803 $2.6M 0.90% 16,077 SH
11 VANGUARD STAR FDS VXUS 921909768 $2.5M 0.86% 38,258 SH
12 ISHARES TR IVV 464287200 $2.5M 0.85% 5,347 SH
13 MICROSOFT CORP MSFT 594918104 $2.4M 0.85% 7,375 SH
14 VANGUARD BD INDEX FDS BND 921937835 $2.4M 0.84% 28,294 SH
15 ISHARES TR IWD 464287598 $2.2M 0.76% 13,343 SH
16 VANGUARD INDEX FDS VOO 922908363 $2.2M 0.75% 5,143 SH
17 SCHWAB STRATEGIC TR SCHF 808524805 $2.0M 0.70% 50,465 SH
18 VANGUARD INDEX FDS VBR 922908611 $1.9M 0.67% 10,937 SH
19 VANGUARD INDEX FDS VO 922908629 $1.9M 0.66% 7,511 SH
20 JPMORGAN CHASE & CO. JPM 46625H100 $1.9M 0.65% 10,991 SH
21 EATON CORP PLC ETN G29183103 $1.7M 0.60% 10,569 SH
22 SPDR S&P 500 ETF TR SPY 78462F103 $1.7M 0.59% 3,711 SH
23 CHEVRON CORP NEW CVX 166764100 $1.7M 0.58% 14,657 SH
24 ALPHABET INC GOOGL 02079K305 $1.7M 0.58% 564 SH
25 VANGUARD WHITEHALL FDS VYM 921946406 $1.6M 0.56% 14,913 SH
26 COCA COLA CO KO 191216100 $1.6M 0.56% 28,617 SH
27 VANGUARD TAX-MANAGED FDS VEA 921943858 $1.6M 0.55% 30,292 SH
28 ISHARES TR IWP 464287481 $1.6M 0.55% 13,140 SH
29 VANGUARD CHARLOTTE FDS BNDX 92203J407 $1.5M 0.53% 26,786 SH
30 VANGUARD INDEX FDS VTV 922908744 $1.5M 0.50% 10,170 SH
31 SPDR SERIES TRUST SDY 78464A763 $1.5M 0.50% 11,777 SH
32 CISCO SYS INC CSCO 17275R102 $1.4M 0.48% 24,603 SH
33 VANGUARD SCOTTSDALE FDS VCIT 92206C870 $1.4M 0.47% 14,535 SH
34 KIMBERLY-CLARK CORP KMB 494368103 $1.4M 0.47% 10,474 SH
35 ISHARES TR EFA 464287465 $1.3M 0.46% 16,457 SH
36 JOHNSON & JOHNSON JNJ 478160104 $1.3M 0.45% 8,023 SH
37 ISHARES TR IWM 464287655 $1.3M 0.45% 5,647 SH
38 ONEOK INC NEW OKE 682680103 $1.3M 0.43% 19,732 SH
39 UNION PAC CORP UNP 907818108 $1.2M 0.43% 5,166 SH
40 FORTINET INC FTNT 34959E109 $1.2M 0.43% 3,690 SH
41 FIRST TR EXCHANGE-TRADED FD FTSL 33738D309 $1.2M 0.41% 24,531 SH
42 ISHARES TR USIG 464288620 $1.2M 0.40% 19,197 SH
43 PEPSICO INC PEP 713448108 $1.1M 0.39% 7,027 SH
44 ISHARES TR IWF 464287614 $1.1M 0.39% 3,804 SH
45 TRANE TECHNOLOGIES PLC TT G8994E103 $1.1M 0.39% 6,228 SH
46 VANGUARD SPECIALIZED FUNDS VIG 921908844 $1.1M 0.39% 6,794 SH
47 FIRST TR EXCH TRADED FD III FPE 33739E108 $1.1M 0.38% 54,172 SH
48 INTERNATIONAL BUSINESS MACHS IBM 459200101 $1.1M 0.38% 8,812 SH
49 VANGUARD INDEX FDS VUG 922908736 $1.1M 0.38% 3,474 SH
50 FIRST TR EXCHANGE-TRADED FD FVD 33734H106 $1.1M 0.37% 26,256 SH
Filing History
Period Filed AUM Holdings Accession
2025-09-30 2025-11-10 $289.0M 224 0001801991-25-000002
2025-06-30 2025-07-25 $329.7M 274 0001085146-25-004168