Lakewood Asset Management LLC
CIK 1966581 · View on SEC EDGAR ↗
- Portfolio value
- $179.0M
- Positions
- 107
- As of
- June 30, 2026
#6,831 of 9,443 by 13F value · top 72.3%
Portfolio value QoQ: +14.4% 13F does not disclose cash
- Top 10 holdings weight
- 42.33%
- Top 25 holdings weight
- 67.43%
- Positions above 1%
- 29
- Effective number of positions
- 37.3
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 2.94% Est. buys $17,907,288 · sells $4,923,384
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 77.5% still held
- New positions
- 4
- Increased
- 57
- Decreased
- 34
- Closed
- 4
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Retail
9.3%
Technology
7.7%
Energy
6.8%
Financials
6.7%
Industrials
5.8%
Healthcare
4.5%
Consumer products
3.6%
Consumer Discretionary
3.1%
Materials
1.4%
Communication Services
0.7%
Financial Services
0.6%
Diversified Consumer Services
0.3%
Utilities
0.3%
Other/Unmapped
49.2%
Full portfolio 107 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| FNDX | $11,978,989 | 6.69% | 385,176 | $1,656,903 | Up ×5 | ||
| VPLS Vanguard Core Plus Bond ETF | $10,970,953 | 6.13% | 141,422 | $4,136,159 | Up ×6 | ||
| VT | $10,015,970 | 5.59% | 63,816 | $2,566,893 | Up ×6 | ||
| BRKB | $10,005,798 | 5.59% | 19,996 | $428,986 | Up ×1 | ||
| VBIL Vanguard 0-3 Month Treasury Bill ETF | $9,047,563 | 5.05% | 119,550 | $234,138 | Up ×4 | ||
| EBAY eBay Inc. - Common Stock | $5,323,738 | 2.97% | 47,640 | $924,601 | Down ×2 | ||
| DFAW | $4,899,765 | 2.74% | 59,183 | $3,708,806 | Up ×1 | ||
| WSM Williams-Sonoma, Inc. Common Stock (DE) | $4,860,777 | 2.72% | 20,853 | $986,923 | Down ×2 | ||
| HPE Hewlett Packard Enterprise Company Common Stock | $4,801,667 | 2.68% | 106,444 | $2,254,828 | Down ×2 | ||
| FNDF | $3,870,939 | 2.16% | 73,369 | $977,497 | Up ×5 | ||
| COP ConocoPhillips Common Stock | $3,794,998 | 2.12% | 36,504 | $-1,031,022 | Down ×2 | ||
| AZO AutoZone, Inc. Common Stock | $3,349,345 | 1.87% | 1,048 | $-187,191 | Up ×1 | ||
| VTI | $3,338,282 | 1.86% | 9,021 | $99,849 | Down ×1 | ||
| VUSB | $3,325,754 | 1.86% | 66,809 | $476,281 | Up ×6 | ||
| BAC Bank of America Corporation Common Stock | $3,318,498 | 1.85% | 58,240 | $449,547 | Down ×2 | ||
| AAPL Apple Inc. - Common Stock | $3,314,854 | 1.85% | 11,456 | $402,408 | Down ×6 | ||
| RTX RTX Corporation Common Stock | $3,212,953 | 1.79% | 16,934 | $-34,588 | Up ×1 | ||
| MCK McKesson Corporation Common Stock | $3,078,694 | 1.72% | 4,075 | $-438,437 | Up ×1 | ||
| BIL | $3,009,291 | 1.68% | 32,838 | $-49,096 | Down ×6 | ||
| NVR NVR, Inc. Common Stock | $2,950,202 | 1.65% | 433 | $129,755 | Up ×1 | ||
| MTB M&T Bank Corporation Common Stock | $2,925,557 | 1.63% | 12,292 | $375,811 | Down ×2 | ||
| VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares | $2,676,556 | 1.50% | 53,286 | $-202,535 | Down ×1 | ||
| RF Regions Financial Corporation Common Stock | $2,313,523 | 1.29% | 76,607 | $304,878 | Down ×2 | ||
| FANG Diamondback Energy, Inc. - Common Stock | $2,165,644 | 1.21% | 12,320 | $-287,108 | Down ×2 | ||
| BKNG Booking Holdings Inc. - Common Stock | $2,161,220 | 1.21% | 12,125 | $114,822 | Up ×1 | ||
| DCOR | $2,126,753 | 1.19% | 25,942 | $1,660,380 | Up ×1 | ||
| SLB SLB Limited Common Shares | $2,114,418 | 1.18% | 45,481 | $-236,504 | Down ×2 | ||
| UHALB | $2,045,395 | 1.14% | 35,449 | $454,620 | Down ×2 | ||
| DKS Dick's Sporting Goods Inc Common Stock | $1,819,846 | 1.02% | 8,024 | $222,566 | Down ×2 | ||
| BMY Bristol-Myers Squibb Company Common Stock | $1,744,828 | 0.97% | 30,282 | $-65,660 | Up ×1 | ||
| IVV | $1,663,302 | 0.93% | 2,221 | $152,464 | Down ×3 | ||
| VCRM | $1,544,417 | 0.86% | 20,215 | $1,284,246 | Up ×2 | ||
| MSFT Microsoft Corporation - Common Stock | $1,530,838 | 0.86% | 4,104 | $8,455 | Down ×2 | ||
| LEA Lear Corporation Common Stock | $1,355,519 | 0.76% | 10,111 | $126,775 | Down ×2 | ||
| MHK Mohawk Industries, Inc. Common Stock | $1,339,726 | 0.75% | 11,042 | $255,583 | Up ×1 | ||
| MOH Molina Healthcare Inc Common Stock | $1,260,594 | 0.70% | 5,512 | $534,242 | Up ×1 | ||
| KMX CarMax Inc | $1,221,230 | 0.68% | 23,090 | $283,643 | Up ×1 | ||
| CAT Caterpillar, Inc. Common Stock | $1,191,949 | 0.67% | 1,119 | $380,500 | Down ×3 | ||
| NICE NICE Ltd - American Depositary Shares each representing one Ordinary Share | $1,116,547 | 0.62% | 12,290 | $-226,530 | Up ×1 | ||
| CMI Cummins Inc. Common Stock | $1,049,447 | 0.59% | 1,471 | $258,153 | |||
| MKL Markel Group Inc. Common Stock | $1,048,766 | 0.59% | 537 | $20,910 | |||
| CF CF Industries Holdings, Inc. Common Stock | $1,034,799 | 0.58% | 9,558 | $-196,577 | Up ×1 | ||
| FNDA | $975,230 | 0.54% | 25,623 | $-508,916 | Down ×6 | ||
| APA APA Corporation - Common Stock | $970,976 | 0.54% | 29,812 | $-286,736 | Up ×1 | ||
| IWD | $956,836 | 0.53% | 3,947 | $76,345 | Down ×3 | ||
| EPD Enterprise Products Partners L.P. Common Stock | $944,749 | 0.53% | 25,700 | $-25,456 | Up ×1 | ||
| LULU lululemon athletica inc. - Common Stock | $944,269 | 0.53% | 8,270 | $162,387 | Up ×2 | ||
| DBX Dropbox, Inc. - Class A Common Stock | $943,677 | 0.53% | 34,353 | $161,155 | Down ×2 | ||
| CARR Carrier Global Corporation Common Stock | $943,447 | 0.53% | 12,862 | $206,351 | Down ×1 | ||
| ADI Analog Devices, Inc. - Common Stock | $907,114 | 0.51% | 2,284 | $180,647 | Up ×1 | ||
| JNJ Johnson & Johnson Common Stock | $905,831 | 0.51% | 3,567 | $34,693 | Up ×4 | ||
| AVGO Broadcom Inc. - Common Stock | $864,488 | 0.48% | 2,289 | $148,591 | Down ×3 | ||
| SPY SPY | $820,985 | 0.46% | 1,099 | $106,497 | |||
| LEN Lennar Corporation Class A Common Stock | $807,353 | 0.45% | 8,922 | $34,989 | Up ×1 | ||
| GRBK Green Brick Partners, Inc. Common Stock | $783,351 | 0.44% | 9,787 | $182,161 | Up ×3 | ||
| BN Brookfield Corporation Class A Limited Voting Shares | $781,466 | 0.44% | 18,349 | $38,899 | |||
| META Meta Platforms, Inc. - Class A Common Stock | $763,821 | 0.43% | 1,356 | $-11,987 | |||
| VOO | $747,936 | 0.42% | 1,089 | $-132,255 | Down ×1 | ||
| VEU | $745,807 | 0.42% | 8,905 | $77,963 | Up ×3 | ||
| CTVA Corteva, Inc. Common Stock | $726,768 | 0.41% | 8,582 | $8,905 | Up ×5 | ||
| ATKR Atkore Inc. Common Stock | $722,489 | 0.40% | 9,501 | $151,633 | Down ×2 | ||
| QQQ Invesco QQQ Trust, Series 1 | $713,572 | 0.40% | 969 | $154,285 | |||
| AIG American International Group, Inc. New Common Stock | $682,805 | 0.38% | 9,161 | $-9,759 | Down ×2 | ||
| JPM JP Morgan Chase & Co. Common Stock | $663,073 | 0.37% | 2,026 | $67,192 | |||
| CVCO Cavco Industries, Inc. - Common Stock | $640,798 | 0.36% | 1,043 | $148,759 | Up ×3 | ||
| VBR | $634,821 | 0.35% | 2,613 | $31,367 | Down ×2 | ||
| HCC Warrior Met Coal, Inc. Common Stock | $608,108 | 0.34% | 7,493 | $-67,716 | Up ×3 | ||
| PRDO Perdoceo Education Corporation - Common Stock | $556,960 | 0.31% | 17,405 | $-85,806 | Up ×3 | ||
| PKBK Parke Bancorp, Inc. - Common Stock | $538,191 | 0.30% | 16,230 | $83,129 | Up ×3 | ||
| OSBC Old Second Bancorp, Inc. - Common Stock | $535,302 | 0.30% | 22,955 | $78,666 | Up ×3 | ||
| VVX V2X, Inc. Common Stock | $533,626 | 0.30% | 7,157 | $49,057 | Up ×3 | ||
| BIP Brookfield Infrastructure Partners LP Limited Partnership Units | $524,311 | 0.29% | 14,369 | $5,317 | |||
| PTLO Portillo's Inc. - Class A Common Stock | $513,205 | 0.29% | 108,271 | $-40,436 | Up ×1 | ||
| WLFC Willis Lease Finance Corporation - Common Stock | $486,658 | 0.27% | 2,127 | $270,768 | Up ×1 | ||
| SDY | $480,280 | 0.27% | 3,156 | $19,693 | |||
| BBSI Barrett Business Services, Inc. - Common Stock | $477,886 | 0.27% | 13,454 | $90,434 | Up ×3 | ||
| XPEL XPEL, Inc. - Common Stock | $454,981 | 0.25% | 9,173 | $54,074 | Up ×3 | ||
| YELP Yelp Inc. Common Stock | $418,679 | 0.23% | 17,075 | $135,010 | Up ×2 | ||
| CLMB Climb Global Solutions, Inc. - Common Stock | $414,415 | 0.23% | 17,855 | $66,713 | Up ×3 | ||
| VXUS Vanguard Total International Stock ETF | $409,940 | 0.23% | 4,795 | $-94,811 | Down ×2 | ||
| SD SandRidge Energy, Inc. Common Stock | $383,567 | 0.21% | 27,998 | $-32,201 | Up ×3 | ||
| XOM Exxon Mobil Corporation Common Stock | $336,504 | 0.19% | 2,461 | $-64,841 | Up ×5 | ||
| ACIW ACI Worldwide, Inc. - Common Stock | $330,355 | 0.18% | 6,569 | $60,960 | |||
| FNDC | $315,450 | 0.18% | 6,496 | $-47,652 | Down ×1 | ||
| KRMD KORU Medical Systems, Inc. - Common Stock | $310,569 | 0.17% | 73,945 | $-8,873 | |||
| GD General Dynamics Corporation Common Stock | $308,818 | 0.17% | 872 | $9,865 | Up ×2 | ||
| PLOW Douglas Dynamics, Inc. Common Stock | $290,617 | 0.16% | 5,387 | $67,080 | Up ×1 | ||
| BTE Baytex Energy Corp Common Shares | $289,324 | 0.16% | 72,331 | $-29,503 | Up ×3 | ||
| EGY VAALCO Energy, Inc. Common Stock | $281,549 | 0.16% | 55,423 | $-62,742 | Up ×3 | ||
| CVX Chevron Corporation Common Stock | $278,662 | 0.16% | 1,681 | $-81,695 | Down ×1 | ||
| KMI Kinder Morgan, Inc. Common Stock | $276,715 | 0.15% | 8,655 | $-12,504 | Up ×5 | ||
| PANL Pangaea Logistics Solutions Ltd. - Common Stock | $274,815 | 0.15% | 42,279 | $-20,345 | Up ×3 | ||
| ABBV AbbVie Inc. Common Stock | $274,057 | 0.15% | 1,089 | $37,888 | Up ×3 | ||
| EBF Ennis, Inc. Common Stock | $248,642 | 0.14% | 11,701 | $13,571 | Up ×2 | ||
| V Visa Inc. | $246,387 | 0.14% | 718 | $29,660 | Up ×6 | ||
| AMGN Amgen Inc. - Common Stock | $246,382 | 0.14% | 680 | $-21,259 | Down ×1 | ||
| VTEI | $241,372 | 0.13% | 2,391 | $4,478 | Up ×2 | ||
| PAVE | $237,271 | 0.13% | 4,027 | $32,659 | |||
| MLR Miller Industries, Inc. Common Stock | $234,574 | 0.13% | 4,586 | $28,779 | Up ×1 | ||
| VYM | $211,128 | 0.12% | 1,336 | Up ×1 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| FNDX | $11,978,989 | 6.69% | up ×5 |
| VPLS | $10,970,953 | 6.13% | up ×6 |
| VT | $10,015,970 | 5.59% | up ×6 |
| VBIL | $9,047,563 | 5.05% | up ×4 |
| FNDF | $3,870,939 | 2.16% | up ×5 |
| VUSB | $3,325,754 | 1.86% | up ×6 |
| JNJ | $905,831 | 0.51% | up ×4 |
| GRBK | $783,351 | 0.44% | up ×3 |
| VEU | $745,807 | 0.42% | up ×3 |
| CTVA | $726,768 | 0.41% | up ×5 |
| CVCO | $640,798 | 0.36% | up ×3 |
| HCC | $608,108 | 0.34% | up ×3 |
| PRDO | $556,960 | 0.31% | up ×3 |
| PKBK | $538,191 | 0.30% | up ×3 |
| OSBC | $535,302 | 0.30% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| VPLS | Bought more | +53K | +$4.1M |
| DFAW | Bought more | +43K | +$3.7M |
| VT | Bought more | +10K | +$2.6M |
| HPE | Trimmed | -521 | +$2.3M |
| DCOR | Bought more | +19K | +$1.7M |
| FNDX | Bought more | +15K | +$1.7M |
| COP | Trimmed | -57 | -$1.0M |
| WSM | Trimmed | -393 | +$987K |
| FNDF | Bought more | +14K | +$977K |
| EBAY | Trimmed | -692 | +$925K |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| VTEB | June 30, 2026 | 23,644 | $1,179,588 | No longer tracked |
| WHR | March 31, 2025 | 6,934 | $793,816 | -54.1% |
| SLV | June 30, 2026 | 9,280 | $632,339 | No longer tracked |
| FITB | March 31, 2025 | 13,499 | $570,738 | 40.4% |
| ULTA | March 31, 2026 | 921 | $557,214 | -0.8% |
| LLY | March 31, 2025 | 720 | $555,614 | 51.3% |
| VTES | Dec. 31, 2025 | 4,932 | $502,719 | No longer tracked |
| ECL | March 31, 2025 | 2,083 | $488,089 | 10.8% |
| PM | March 31, 2025 | 3,276 | $394,320 | 19.6% |
| FONR | June 30, 2026 | 19,057 | $353,698 | No longer tracked |
| ZBH | March 31, 2025 | 3,217 | $339,840 | -12.2% |
| AMZN | March 31, 2025 | 1,500 | $329,085 | 35.5% |
| BSV | Dec. 31, 2025 | 4,019 | $317,110 | No longer tracked |
| NVDA | March 31, 2025 | 2,212 | $296,986 | 100.1% |
| GOOG | March 31, 2025 | 1,503 | $286,181 | 117.0% |
| UNH | June 30, 2025 | 537 | $281,383 | 24.2% |
| MLR | March 31, 2025 | 4,195 | $274,185 | 34.7% |
| ORCL | June 30, 2026 | 1,845 | $271,447 | -0.1% |
| IT | Sept. 30, 2025 | 651 | $263,147 | -26.6% |
| WGO | March 31, 2025 | 5,472 | $261,467 | -5.6% |
| ABT | March 31, 2025 | 2,227 | $251,927 | -13.8% |
| CMA | March 31, 2025 | 4,000 | $247,400 | No longer tracked |
| ABBV | June 30, 2025 | 1,177 | $246,621 | 42.1% |
| UHAL | Dec. 31, 2025 | 4,269 | $243,641 | 42.6% |
| ACN | March 31, 2026 | 894 | $239,809 | -7.9% |
| NFLX | Dec. 31, 2025 | 200 | $239,784 | -15.1% |
| PEP | March 31, 2025 | 1,567 | $238,278 | -4.9% |
| WGO | March 31, 2026 | 5,832 | $236,306 | 5.0% |
| LIN | March 31, 2025 | 562 | $235,293 | 4.8% |
| WLFC | March 31, 2025 | 1,093 | $226,852 | -65.5% |
| NVDA | March 31, 2026 | 1,185 | $220,919 | 24.4% |
| IBIT | Dec. 31, 2025 | 3,305 | $214,825 | |
| FCX | March 31, 2025 | 5,612 | $213,695 | 103.7% |
| PG | March 31, 2025 | 1,258 | $210,974 | -15.9% |
| UPS | June 30, 2025 | 1,872 | $205,921 | 2.4% |
| EBF | March 31, 2025 | 9,658 | $203,686 | 10.8% |
| LLY | March 31, 2026 | 189 | $203,383 | 35.9% |
| HGTY | March 31, 2025 | 18,640 | $179,876 | 42.8% |
| AOUT | Dec. 31, 2025 | 11,508 | $99,889 | 46.1% |
| DTCB | March 31, 2025 | 83,223 | $94,874 | No longer tracked |
| PNSTQ | March 31, 2025 | 30,210 | $11,933 | No longer tracked |