Lakewood Asset Management LLC
SEC Form 13F institutional filer · CIK 0001966581
13F-HR · 47 reported holdings · 2026-03-31
Reported long-US-equity value
$0.10B
Top-10 concentration
55.8%
Lakewood Asset Management LLC — $98.1M AUM allocation strategy
Lakewood Asset Management LLC files SEC Form 13F and reports $98.1M of long US equity value across 47 reported holdings for 2026-03-31.
Its largest sector bet is Financials 32.3%, followed by Consumer Discretionary 17.0% and Energy 9.8%.
The top 10 holdings account for 56% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Lakewood Asset Management LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$98.1M
total across 47 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
56% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$SCHW +12.6K sh · +$901K+$VOO +4.63K sh · +$284K+$KMI +1.08K sh · +$81.8K
Biggest trims (shares)
−$HPE −31.8K sh · −$786K−$BAC −26.6K sh · −$1.83M−$RF −23.8K sh · −$719K
Added from nil (new positions)
None this quarter
Exited to nil (held last quarter, gone now)
$ULTA ($557K last qtr)$ACN ($240K last qtr)$NVDA ($221K last qtr)$LLY ($203K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Investment Banking & Brokerage15.0%—
- Multi-Sector Holdings9.8%—
- Oil & Gas Exploration & Production7.4%—
- Technology Hardware, Storage & Peripherals5.6%—
- Regional Banks4.7%—
- Broadline Retail4.5%—
- Homefurnishing Retail3.9%—
- Automotive Retail3.6%—
- Other holdings45.5%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
8 of 8 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $SCHW | Charles Schwab Corporation | 476K | $14.7M | +12.6K | 15.0% |
| $BRK.B | Berkshire Hathaway Inc.-Class B | 20K | $9.58M | -3.26K | 9.8% |
| $COP | ConocoPhillips | 36.6K | $4.83M | -9.29K | 4.9% |
| $EBAY | eBay Inc | 48.3K | $4.4M | -14.4K | 4.5% |
| $WSM | Williams-Sonoma Inc | 21.2K | $3.87M | -7.07K | 4.0% |
| $AZO | AutoZone Inc | 1.05K | $3.54M | -379 | 3.6% |
| $MCK | McKesson Corporation | 4.06K | $3.52M | -2.56K | 3.6% |
| $RTX | RTX Corporation | 16.8K | $3.25M | -3.96K | 3.3% |
…and 39 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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