LAKEWOOD CAPITAL MANAGEMENT, LP
13F Reported Value
ⓘ$1.9B
incl. option notional
Equity Holdings
ⓘ$1.9B
Option Notional
ⓘ$12.8M
$0 puts / $12.8M calls
Holdings
65
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
LAKEWOOD CAPITAL MANAGEMENT, LP disclosed 65 positions worth $1.9B in its Form 13F-HR for Q2 2026 — $1.9B in common stock plus $12.8M of put/call option positions (reported at underlying notional value, not premium at risk), led by $CI (Cigna Group) at 6.1% of the equity portfolio, followed by $AXTA and $ICLR. During the quarter the fund opened 11 new positions and exited 15 — including a new stake in $CPA and a full exit from $AL. The portfolio is most concentrated in Healthcare (25.3% of disclosed assets). All figures are sourced directly from LAKEWOOD CAPITAL MANAGEMENT, LP’s Form 13F-HR filing with the SEC under CIK 1424381.
AI Fund Analysis
StableSector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- 66.2#432
Quality
$117.9M427,807 sh - —
Quality
$117.2M3,423,648 sh - —
Quality
$101.7M585,200 sh - 64.5
Quality
$80.8M1,758,809 sh - —
Quality
$77.0M494,900 sh - 54.1
Quality
$72.1M247,614 sh - 64.4
Quality
$70.6M3,979,581 sh - 55.5
Quality
$68.0M483,500 sh - 79.6
Quality
$65.3M115,985 sh - 68.2
Quality
$63.1M1,016,954 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 Cigna Group$CI | 66.2#432 | $117.9M | 427,807 |
 Axalta Coating Systems Ltd.$AXTA | — | $117.2M | 3,423,648 |
 ICON PLC$ICLR | — | $101.7M | 585,200 |
 Ally Financial Inc.$ALLY | 64.5 | $80.8M | 1,758,809 |
 Copa Holdings, S.A.$CPA | — | $77.0M | 494,900 |
 GROUP 1 AUTOMOTIVE INC$GPI | 54.1 | $72.1M | 247,614 |
 Sotera Health Co$SHC | 64.4 | $70.6M | 3,979,581 |
 CDW Corp$CDW | 55.5 | $68.0M | 483,500 |
 Meta Platforms, Inc.$META | 79.6 | $65.3M | 115,985 |
 SS&C Technologies Holdings Inc$SSNC | 68.2 | $63.1M | 1,016,954 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of LAKEWOOD CAPITAL MANAGEMENT, LP's 65 positions.
Showing top 10 of 65 holdings.
Sector Allocation
Healthcare
$487.4M
Financials
$346.3M
Consumer Discretionary
$278.3M
Technology
$278.1M
Industrials
$253.9M
Materials
$198.2M
Communication Services
$64.7M
Consumer Staples
$16.0M
Full Holdings — LAKEWOOD CAPITAL MANAGEMENT, LP (Q2 2026)
All 65 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $CI | Cigna Group | $117.9M | 6.1% | +0% | 66.2 |
| 2 | $AXTA | Axalta Coating Systems Ltd. | $117.2M | 6.1% | +18% | — |
| 3 | $ICLR | ICON PLC | $101.7M | 5.3% | -22% | — |
| 4 | $ALLY | Ally Financial Inc. | $80.8M | 4.2% | +6% | 64.5 |
| 5 | $CPA | Copa Holdings, S.A. | $77.0M | 4.0% | NEW | — |
| 6 | $GPI | GROUP 1 AUTOMOTIVE INC | $72.1M | 3.7% | +16% | 54.1 |
| 7 | $SHC | Sotera Health Co | $70.6M | 3.7% | -3% | 64.4 |
| 8 | $CDW | CDW Corp | $68.0M | 3.5% | +93% | 55.5 |
| 9 | $META | Meta Platforms, Inc. | $65.3M | 3.4% | +64% | 79.6 |
| 10 | $SSNC | SS&C Technologies Holdings Inc | $63.1M | 3.3% | +7% | 68.2 |
| 11 |  $IQV | IQVIA HOLDINGS INC. | $61.4M | 3.2% | +37% | 61.4 |
| 12 |  $VTRS | Viatris Inc | $59.3M | 3.1% | +2% | 45.4 |
| 13 |  $MA | Mastercard Inc | $56.2M | 2.9% | +151% | 85.1 |
| 14 |  $FAF | First American Financial Corp | $50.5M | 2.6% | +14% | 72.6 |
| 15 |  $AMRZ | Amrize Ltd | $47.3M | 2.5% | +9% | — |
| 16 |  $SPOT | Spotify Technology S.A. | $42.9M | 2.2% | NEW | — |
| 17 |  $V | VISA INC. | $41.4M | 2.1% | +68% | 82.9 |
| 18 |  $BC | BRUNSWICK CORP | $38.8M | 2.0% | -22% | 45.7 |
| 19 |  $MSFT | MICROSOFT CORP | $37.9M | 2.0% | +5% | 79.8 |
| 20 |  $ARW | ARROW ELECTRONICS, INC. | $37.6M | 1.9% | -31% | 55.7 |
| 21 |  $TFSL | TFS Financial CORP | $36.7M | 1.9% | -27% | 50.8 |
| 22 |  $ABG | ASBURY AUTOMOTIVE GROUP INC | $35.9M | 1.9% | +32% | 57.4 |
| 23 |  $CCS | Century Communities, Inc. | $34.9M | 1.8% | NEW | 42.8 |
| 24 |  $SW | Smurfit Westrock plc | $33.7M | 1.8% | +8% | — |
| 25 |  $CRL | CHARLES RIVER LABORATORIES INTERNATIONAL, INC. | $30.4M | 1.6% | +94% | 43.8 |
| 26 |  $BKNG | Booking Holdings Inc. | $29.4M | 1.5% | +2853% | 58.5 |
| 27 |  $WEX | WEX Inc. | $28.4M | 1.5% | +0% | 48.9 |
| 28 |  $UNP | UNION PACIFIC CORP | $27.7M | 1.4% | -26% | 69.7 |
| 29 |  $APO | Apollo Global Management, Inc. | $26.9M | 1.4% | +1% | 52.1 |
| 30 |  $JD | JD.com, Inc. | $25.7M | 1.3% | +12% | — |
| 31 |  $ELV | Elevance Health, Inc. | $23.0M | 1.2% | -47% | 59 |
| 32 |  $CPNG | Coupang, Inc. | $22.7M | 1.2% | +25% | 50.6 |
| 33 |  $GOOG | Alphabet Inc. | $21.6M | 1.1% | +5% | 78.2 |
| 34 |  $SPGI | S&P Global Inc. | $21.1M | 1.1% | +18% | 76.1 |
| 35 |  $GPN | GLOBAL PAYMENTS INC | $17.7M | 0.9% | +0% | 47 |
| 36 |  $RELY | Remitly Global, Inc. | $16.8M | 0.9% | -37% | 72.5 |
| 37 |  $UNFI | UNITED NATURAL FOODS INC | $16.0M | 0.8% | -47% | 49.9 |
| 38 |  $HCA | HCA Healthcare, Inc. | $15.0M | 0.8% | NEW | 68.9 |
| 39 |  $INGM | Ingram Micro Holding Corp | $10.8M | 0.6% | NEW | 52.3 |
| 40 |  $NICE | NICE Ltd. | $10.6M | 0.6% | +0% | — |
| 41 |  $CCZ | COMCAST CORP | $10.3M | 0.5% | -16% | 59.5 |
| 42 |  $LEG | LEGGETT & PLATT INC | $9.7M | 0.5% | +6% | 48.5 |
| 43 |  $TBLA | Taboola.com Ltd. | $9.5M | 0.5% | +0% | — |
| 44 |  $KMPB | KEMPER Corp | $9.2M | 0.5% | -32% | 38.4 |
| 45 |  $HSIC | HENRY SCHEIN INC | $8.1M | 0.4% | -63% | 58.8 |
| 46 |  $LRN | Stride, Inc. | $7.8M | 0.4% | +0% | 64.5 |
| 47 |  $DKNG | DraftKings Inc. | $7.7M | 0.4% | -16% | 60.4 |
| 48 |  $LKQ | LKQ CORP | $7.0M | 0.4% | NEW | 46.9 |
| 49 |  $NSP | INSPERITY, INC. | $6.8M | 0.3% | NEW | 48.4 |
| 50 |  $AVT | AVNET INC | $6.4M | 0.3% | -13% | 48.5 |
| 51 | $NICECALL | NICE Ltd. | $5.8M | — | +18% | — |
| 52 |  $EME | EMCOR Group, Inc. | $5.8M | 0.3% | +0% | 69.3 |
| 53 |  $IOT | Samsara Inc. | $5.7M | 0.3% | NEW | 68.6 |
| 54 |  $GBTC | Grayscale Bitcoin Trust ETF | $5.6M | 0.3% | +0% | — |
| 55 |  $SNAPCALL | Snap Inc | $5.5M | — | +0% | 56.2 |
| 56 |  $FRMI | Fermi Inc. | $5.5M | 0.3% | NEW | — |
| 57 |  $KLAR | Klarna Group plc | $5.5M | 0.3% | +0% | — |
| 58 |  $GDS | GDS Holdings Ltd | $5.4M | 0.3% | NEW | — |
| 59 |  $HIPO | Hippo Holdings Inc. | $5.4M | 0.3% | +0% | 69.6 |
| 60 |  $LAW | CS Disco, Inc. | $4.2M | 0.2% | +0% | 26.3 |
| 61 |  $IBIT | iShares Bitcoin Trust ETF | $3.8M | 0.2% | -62% | — |
| 62 |  $VSNT | Versant Media Group, Inc. | $3.7M | 0.2% | +0% | 61 |
| 63 |  $SBET | Sharplink, Inc. | $2.7M | 0.1% | +0% | 33.3 |
| 64 | $FRMICALL | Fermi Inc. | $1.4M | — | NEW | — |
| 65 |  $BTC | Grayscale Bitcoin Mini Trust ETF | $640,965 | 0.0% | +0% | — |
New Positions (11)
$CPA Copa Holdings, S.A.$77.0M$SPOT Spotify Technology S.A.$42.9M$CCS Century Communities, Inc.$34.9M$HCA HCA Healthcare, Inc.$15.0M$INGM Ingram Micro Holding Corp$10.8M$LKQ LKQ CORP$7.0M$NSP INSPERITY, INC.$6.8M$IOT Samsara Inc.$5.7M$FRMI Fermi Inc.$5.5M$GDS GDS Holdings Ltd$5.4M$FRMICALL Fermi Inc.$1.4MExited Positions (15)
$AL AIR LEASE CORP
$BZH BEAZER HOMES USA INC
$FIXPUT COMFORT SYSTEMS USA INC
$TFX TELEFLEX INC
$C CITIGROUP INC
$DELL Dell Technologies Inc.
$QQQ INVESCO QQQ TRUST, SERIES 1
$ASST Strive, Inc.
$COF CAPITAL ONE FINANCIAL CORP
$WAY Waystar Holding Corp.
$IONQPUT IonQ, Inc.
$BAND Bandwidth Inc.
$QSPUT QuantumScape Corp
$QBTSPUT D-Wave Quantum Inc.
$QUBTPUT Quantum Computing Inc.Browse Top Institutional Investors
13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.
to search all 8,700+ institutional filers.
Available Analysis
13F Pro tracks comprehensive institutional data for LAKEWOOD CAPITAL MANAGEMENT, LP including:
Track LAKEWOOD CAPITAL MANAGEMENT, LP's Full Portfolio
See every holding, quarter-over-quarter changes, sector allocation, and accumulation patterns for LAKEWOOD CAPITAL MANAGEMENT, LP and 8,700+ other institutional investors.
Free tier includes full 13F search and fund profiles. Pro starts at $6.67/mo (billed annually).
AI-Powered Hedge Fund Analysis: LAKEWOOD CAPITAL MANAGEMENT, LP
13F Pro is an AI hedge fund tracker and stock research platform. For LAKEWOOD CAPITAL MANAGEMENT, LP (SEC CIK: 1424381), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in LAKEWOOD CAPITAL MANAGEMENT, LP's portfolio is scored on a 32-signal AI quality ranking (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.