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Portfolio (Quarterly) Guide ↗

LAKEWOOD CAPITAL MANAGEMENT, LP

· CIK 0001424381
13F Portfolio $1.5B AUM 63 positions Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 12 New 24 Added 9 Reduced 5 Exited
Page 4 of 4  ·  63 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 QBTS PUT D-WAVE QUANTUM INC Technology 20,000.0 $523K 0.04% $26.15 +12.4%
62 QUBT PUT QUANTUM COMPUTING INC Technology 15,000.0 $154K 0.01% $10.26 +20.0%
63 TRINSEO PLC 281,279.0 $140K 0.01% $0.50
Page 4 of 4  ·  63 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Healthcare 27.3%
Financial Services 22.3%
Technology 16.3%
Consumer Cyclical 14.1%
Communication Services 6.2%
Basic Materials 4.9%
Industrials 4.7%
Consumer Defensive 2.9%
Energy 1.3%