LAKEWOOD CAPITAL MANAGEMENT, LP Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$1.5T

Holdings

62

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (62 positions)

#StockSharesValue% PortfolioType
1
CITHE CIGNA GROUP
405,307$111.6B7.38%
2
SSNCSS&C TECHNOLOGIES HLDGS INC
818,954$71.6B4.74%
3
AXTAAXALTA COATING SYS LTD
1,929,648$62.3B4.13%
4
ICLRICON PLC
332,500$60.6B4.01%
5
SHCSOTERA HEALTH CO
3,399,581$60.0B3.97%
6
BCBRUNSWICK CORP
778,467$57.8B3.83%
7
ARWARROW ELECTRS INC
523,360$57.7B3.82%
8
FAFFIRST AMERN FINL CORP
853,904$52.5B3.47%
9
TRVCCITIGROUP INC
413,839$48.3B3.20%
10
ALLYALLY FINL INC
1,036,809$47.0B3.11%
11
SWSMURFIT WESTROCK PLC
1,185,297$45.8B3.03%
12
GPIGROUP 1 AUTOMOTIVE INC
111,276$43.8B2.90%
13
ELVELEVANCE HEALTH INC FORMERLY
121,850$42.7B2.83%
14
AMRZAMRIZE LTD
699,200$37.8B2.50%
15
TFSLTFS FINL CORP
2,750,382$36.8B2.44%
16
METAMETA PLATFORMS INC
55,570$36.7B2.43%
17
UNPUNION PAC CORP
157,400$36.4B2.41%
18
IQVIQVIA HLDGS INC
157,000$35.4B2.34%
19
WEXWEX INC
227,968$34.0B2.25%
20
ASTSAST SPACEMOBILE INC
436,000$31.7B2.10%Put
21
ALAIR LEASE CORP
485,878$31.2B2.07%
22
UI2KEMPER CORP
691,090$28.0B1.85%
23
CRLCHARLES RIV LABS INTL INC
140,240$28.0B1.85%
24
AWGASBURY AUTOMOTIVE GROUP INC
107,129$24.9B1.65%
25
NSYNICE LTD
205,600$23.2B1.54%Call
26
HSICHENRY SCHEIN INC
305,000$23.1B1.53%
27
APOAPOLLO GLOBAL MGMT INC
151,197$21.9B1.45%
28
VTRSVIATRIS INC
1,681,300$20.9B1.39%
29
IBITISHARES BITCOIN TRUST ETF
398,510$19.8B1.31%
30
GPNGLOBAL PMTS INC
244,300$18.9B1.25%
31
UNFIUNITED NAT FOODS INC
550,000$18.5B1.23%
32
JDJD.COM INC
639,050$18.3B1.21%
33
CMCSACOMCAST CORP NEW
600,748$18.0B1.19%
34
KOFCOCA-COLA FEMSA SAB DE CV
186,800$17.7B1.17%
35
OKLOOKLO INC
240,000$17.2B1.14%Put
36
GLNGGOLAR LNG LTD
435,000$16.2B1.07%
37
GOOGLALPHABET INC
49,780$15.6B1.03%
38
RELYREMITLY GLOBAL INC
1,121,200$15.5B1.02%
39
MCYMERCURY GENL CORP NEW
158,218$14.9B0.98%
40
BZHBEAZER HOMES USA INC
701,006$14.2B0.94%
41
SIGSIGNET JEWELERS LIMITED
122,300$10.1B0.67%
42
TBLATABOOLA.COM LTD
1,893,541$8.7B0.58%
43
GBTCGRAYSCALE BITCOIN TRUST ETF
123,500$8.4B0.56%
44
LAWCS DISCO INC
1,081,531$8.4B0.56%
45
FIXCOMFORT SYS USA INC
8,000$7.5B0.49%Put
46
RGTIRIGETTI COMPUTING INC
289,700$6.4B0.42%Put
47
HIPOHIPPO HLDGS INC
190,000$5.7B0.38%
48
DKNGDRAFTKINGS INC NEW
165,000$5.7B0.38%
49
KLARKLARNA GROUP PLC
170,000$4.9B0.33%
50
AEOAMERICAN EAGLE OUTFITTERS IN
175,900$4.6B0.31%
51
COFCAPITAL ONE FINL CORP
18,000$4.4B0.29%
52
EMEEMCOR GROUP INC
7,000$4.3B0.28%
53
KWEBKRANESHARES TRUST
110,000$3.7B0.25%
54
SDRLSEADRILL LTD
85,100$2.9B0.19%
55
BANDBANDWIDTH INC
180,721$2.8B0.18%
56
IONQIONQ INC
50,000$2.2B0.15%Put
57
QSQUANTUMSCAPE CORP
120,000$1.3B0.08%Put
58
BTCGRAYSCALE BITCOIN MINI TR ET
24,700$956.0M0.06%
59
IRENIREN LIMITED
20,000$755.0M0.05%Put
60
QBTSD-WAVE QUANTUM INC
20,000$523.0M0.03%Put
61
QUBTQUANTUM COMPUTING INC
15,000$153.0M0.01%Put
62
TSETRINSEO PLC
281,279$139.0M0.01%