LAKEWOOD CAPITAL MANAGEMENT, LP

Q4 2025 13F-HR Holdings

Location
New York, NY
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
63
Total value ($000)
$1,510,922
Net value change ($000)
+185,677 (14.0%)
New positions
8
Sold out positions
5
Turnover %
10.1%
Sector allocation + QoQ delta (equities-only)

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

Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
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)
UNP 36,410 NEW
ALLY 34,538 278.1%
AXTA 28,357 83.4%
META 24,586 203.3%
HSIC 23,052 NEW
VTRS 20,932 NEW
ICLR 18,728 44.7%
UNFI 18,519 NEW
RELY 15,473 NEW
CI 14,324 14.7%
Top Reduces (Value $000, Stocks/ETFs)
ELV -54,754 -56.2%
SIG -36,510 -78.3%
KMPR -32,868 -54.0%
CMCSA -16,944 -48.6%
ARW -12,197 -17.5%
SDRL -12,164 -80.5%
IQV -7,765 -18.0%
AEO -6,413 -58.0%
GDRX -6,312 -100.0%
GIL -6,187 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 73,825 (4.9% 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.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type