LAKEWOOD CAPITAL MANAGEMENT, LP

Q1 2014 13F-HR Holdings

Location
New York, NY
Holdings as of
3/31/2014
Date filed
5/15/2014
Form type
13F-HR
Num holdings
38
Total value ($000)
$1,313,449
Net value change ($000)
+49,609 (3.9%)
New positions
4
Sold out positions
9
Turnover %
18.1%
Sector allocation + QoQ delta (equities-only)

Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
VYX 86,265 NEW
PINNACLE ENTMT INC 30,118 265.1%
NPO 21,818 47.8%
BARCLAYS BK PLC IPATH SP MT ETN 17,876 NEW
VOD 14,233 NEW
AIG 10,190 14.2%
MU 9,924 16.8%
GM 9,874 22.7%
THE CIGNA GROUP 8,900 34.6%
INGRAM MICRO INC CL A 6,652 7.5%
Top Reduces (Value $000, Stocks/ETFs)
VOD -27,865 -100.0%
SPIRIT REALTY CAPITAL, INC. -19,753 -100.0%
MCDERMOTT INTL INC -13,986 -53.6%
AETNA INC NEW -12,550 -100.0%
HRB -12,403 -55.8%
Spirit AeroSystems Holdings, Inc. -11,086 -12.3%
AGO -10,706 -100.0%
tw telecom inc. -10,360 -100.0%
VARIAN MEDICAL SYSTEMS INC -9,712 -100.0%
COLE REAL ESTATE INVTS INC COM -8,775 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 5,218 (0.4% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type