Q2 2025 · 13F-HR
LAKEWOOD CAPITAL MANAGEMENT, LPholdings as filed
Filed 2025-08-14 · accession 0001172661-25-003327
$1.34B
Reported value
49
Positions
2025-06-30
Period end
The Brief · LAKEWOOD CAPITAL MANAGEMENT, LP · Q2 2025
AI · grounded in 13F
Lakewood Capital Management, LP established a new position in The Cigna Group CI valued at $121.4M. The fund also initiated new stakes in Citigroup Inc C for $105.8M and Arrow Electrs Inc ARW for $79.6M. These moves contributed to a portfolio of 48 positions with total assets under management of $1.34B.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 125523100 | CI | THE CIGNA GROUP | $121.4M | 9.06% | 367,107 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $84.9M | 6.34% | 997,839 | Common | SOLE |
| 042735100 | ARW | ARROW ELECTRS INC | $79.6M | 5.94% | 624,360 | Common | SOLE |
| 036752103 | ELV | ELEVANCE HEALTH INC | $78.6M | 5.87% | 202,150 | Common | SOLE |
| 488401100 | KMPR | KEMPER CORP | $67.1M | 5.01% | 1,039,090 | Common | SOLE |
| 78467J100 | SSNC | SS&C TECHNOLOGIES HLDGS INC | $63.8M | 4.76% | 769,954 | Common | SOLE |
| G81276100 | SIG | SIGNET JEWELERS LIMITED | $51.2M | 3.82% | 644,000 | Common | SOLE |
| G8267P108 | SW | SMURFIT WESTROCK PLC | $50.1M | 3.74% | 1,160,297 | Common | SOLE |
| 31847R102 | FAF | FIRST AMERN FINL CORP | $45.4M | 3.39% | 739,604 | Common | SOLE |
| 398905109 | GPI | GROUP 1 AUTOMOTIVE INC | $43.0M | 3.21% | 98,476 | Common | SOLE |
| 117043109 | BC | BRUNSWICK CORP | $40.5M | 3.02% | 733,467 | Common | SOLE |
| 20030N101 | CMCSA | COMCAST CORP NEW | $39.6M | 2.96% | 1,110,748 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $39.3M | 2.94% | 223,180 | Common | SOLE |
| 46266C105 | IQV | IQVIA HLDGS INC | $35.3M | 2.64% | 224,200 | Common | SOLE |
| 83601L102 | SHC | SOTERA HEALTH CO | $34.1M | 2.54% | 3,062,739 | Common | SOLE |
| 00912X302 | AL | AIR LEASE CORP | $28.4M | 2.12% | 485,878 | Common | SOLE |
| G4705A100 | ICLR | ICON PLC | $28.4M | 2.12% | 195,200 | Common | SOLE |
| 87240R107 | TFSL | TFS FINL CORP | $27.4M | 2.04% | 2,113,382 | Common | SOLE |
| 043436104 | ABG | ASBURY AUTOMOTIVE GROUP INC | $27.1M | 2.02% | 113,629 | Common | SOLE |
| G0750C108 | AXTA | AXALTA COATING SYS LTD | $26.3M | 1.96% | 884,897 | Common | SOLE |
| 96208T104 | WEX | WEX INC | $26.1M | 1.95% | 177,968 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $24.4M | 1.82% | 398,510 | Common | SOLE |
| 159864107 | CRL | CHARLES RIV LABS INTL INC | $21.3M | 1.59% | 140,240 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $20.9M | 1.56% | 245,000 | CALL | SOLE |
| 38246G108 | GDRX | GOODRX HLDGS INC | $20.7M | 1.55% | 4,157,274 | Common | SOLE |
| 37940X102 | GPN | GLOBAL PMTS INC | $19.6M | 1.46% | 244,300 | Common | SOLE |
| 375916103 | GIL | GILDAN ACTIVEWEAR INC | $16.3M | 1.22% | 331,041 | Common | SOLE |
| 07556Q881 | BZH | BEAZER HOMES USA INC | $15.7M | 1.17% | 701,006 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $15.0M | 1.12% | 48,000 | Common | SOLE |
| G7997W102 | SDRL | SEADRILL LTD | $13.8M | 1.03% | 525,100 | Common | SOLE |
| 653656108 | NICE | NICE LTD | $13.5M | 1.01% | 80,000 | Common | SOLE |
| 02005N100 | ALLY | ALLY FINL INC | $12.3M | 0.92% | 316,809 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $12.2M | 0.91% | 16,470 | Common | SOLE |
| G9456A100 | GLNG | GOLAR LNG LTD | $11.9M | 0.89% | 290,000 | Common | SOLE |
| 47215P106 | JD | JD.COM INC | $11.2M | 0.84% | 343,850 | Common | SOLE |
| 589400100 | MCY | MERCURY GENL CORP NEW | $10.7M | 0.80% | 158,218 | Common | SOLE |
| 389637109 | GBTC | GRAYSCALE BITCOIN TRUST ETF | $10.5M | 0.78% | 123,500 | Common | SOLE |
| 03769M106 | APO | APOLLO GLOBAL MGMT INC | $10.4M | 0.78% | 73,197 | Common | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $8.1M | 0.60% | 38,000 | Common | SOLE |
| M8744T106 | TBLA | TABOOLA.COM LTD | $6.9M | 0.52% | 1,893,541 | Common | SOLE |
| 433539202 | HIPO | HIPPO HLDGS INC | $5.3M | 0.40% | 190,000 | Common | SOLE |
| 771049103 | RBLX | ROBLOX CORP | $5.3M | 0.39% | 50,000 | PUT | SOLE |
| 126327105 | LAW | CS DISCO INC | $4.4M | 0.33% | 1,016,531 | Common | SOLE |
| 05988J103 | BAND | BANDWIDTH INC | $2.9M | 0.21% | 180,721 | Common | SOLE |
| N4732M103 | JBS | JBS N.V. | $2.8M | 0.21% | 190,000 | Common | SOLE |
| 21036P108 | STZ | CONSTELLATION BRANDS INC | $2.3M | 0.17% | 14,000 | Common | SOLE |
| 83125X103 | SNBR | SLEEP NUMBER CORP | $1.9M | 0.14% | 287,009 | Common | SOLE |
| 389930207 | BTC | GRAYSCALE BITCOIN MINI TR ET | $1.2M | 0.09% | 24,700 | Common | SOLE |
| G9059U107 | TSEOF | TRINSEO PLC | $877,590 | 0.07% | 281,279 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.