LAKEWOOD CAPITAL MANAGEMENT, LP Diversified Active

Location: New York, NY

CIK: 0001424381 · Show all filings

Period: Q3 2016 (← Previous) (Next →)

Filing Date: Nov 14, 2016

Total Value: $4.422B (99.0% shares, 1.0% debt)

Holdings (42)

SPY SPDR S&P 500 ETF TR 49.2%

Value $2.174B Shares 10,050,000 Est. Cost — Unrealized —

C CITIGROUP INC 3.9%

Value $171M Shares 3,626,500 Est. Cost $36.82 Unrealized -7.3%

MA MASTERCARD INCORPORATED 3.7%

Value $165M Shares 1,617,927 Est. Cost $85.72 Unrealized +6.0%

HCA HCA HOLDINGS INC 3.7%

Value $163M Shares 2,159,097 Est. Cost $72.32 Unrealized -1.6%

CMCSA COMCAST CORP NEW 3.4%

Value $152M Shares 2,298,249 Est. Cost $23.04 Unrealized +15.5%

BIDU BAIDU INC 3.1%

Value $136M Shares 744,459 Est. Cost $146.16 Unrealized —

— WESTROCK CO 2.5%

Value $110M Shares 2,277,372 Est. Cost $49.55 Unrealized —

ICE INTERCONTINENTAL EXCHANGE IN 1.9%

Value $83.08M Shares 308,417 Est. Cost $39.82 Unrealized +21.6%

CHTR CHARTER COMMUNICATIONS INC N 1.8%

Value $80.36M Shares 297,644 Est. Cost $214.89 Unrealized +17.6%

FDX FEDEX CORP 1.8%

Value $77.47M Shares 443,500 Est. Cost $141.16 Unrealized -0.2%

ORCL ORACLE CORP 1.7%

Value $75.5M Shares 1,922,106 Est. Cost $31.88 Unrealized +11.1%

CFG CITIZENS FINL GROUP INC 1.7%

Value $74.18M Shares 3,002,200 Est. Cost $16.24 Unrealized -0.9%

CBRE CBRE GROUP INC 1.5%

Value $67.89M Shares 2,426,361 Est. Cost $28.54 Unrealized 0.0%

— CDK GLOBAL INC 1.5%

Value $66.81M Shares 1,164,717 Est. Cost $45.81 Unrealized —

LAD LITHIA MTRS INC 1.4%

Value $61.64M Shares 645,356 Est. Cost $84.04 Unrealized 0.0%

AIG AMERICAN INTL GROUP INC 1.3%

Value $59.38M Shares 1,000,640 Est. Cost $39.47 Unrealized +14.2%

— ALLERGAN PLC 1.3%

Value $58.82M Shares 255,400 Est. Cost $230.31 Unrealized —

GS GOLDMAN SACHS GROUP INC 1.2%

Value $54.41M Shares 337,400 Est. Cost $126.63 Unrealized +5.7%

GOOGL ALPHABET INC 1.1%

Value $50.11M Shares 62,323 Est. Cost $38.82 Unrealized 0.0%

— REALOGY HLDGS CORP 1.0%

Value $45.3M Shares 1,751,807 Est. Cost $25.86 Unrealized —

— NORTHSTAR ASSET MGMT GROUP I 1.0%

Value $45.11M Shares 3,488,750 Est. Cost $19.48 Unrealized —

COF CAPITAL ONE FINL CORP 1.0%

Value $44.81M Shares 623,800 Est. Cost $58.35 Unrealized -0.2%

— ROYAL BK SCOTLAND GROUP PLC 1.0%

Value $42.7M Shares 43,000,000 Est. Cost $0.99 Unrealized —

GLD SPDR GOLD TRUST 0.9%

Value $39.27M Shares 312,600 Est. Cost — Unrealized —

CDW CDW CORP 0.8%

Value $35.6M Shares 778,411 Est. Cost $35.92 Unrealized +9.3%

OEC ORION ENGINEERED CARBONS S A 0.8%

Value $33.22M Shares 1,772,779 Est. Cost $17.21 Unrealized +1.6%

KFY KORN FERRY INTL 0.7%

Value $29.58M Shares 1,408,402 Est. Cost $19.92 Unrealized 0.0%

— TRINSEO S A 0.7%

Value $29.38M Shares 519,506 Est. Cost $18.35 Unrealized —

GPI GROUP 1 AUTOMOTIVE INC 0.6%

Value $27.88M Shares 436,425 Est. Cost $74.70 Unrealized -21.0%

AGN 5.5 03/01/18 A ALLERGAN PLC 0.6%

Value $26.95M Shares 32,800 Est. Cost $833.59 Unrealized —

— KLX INC 0.5%

Value $22.36M Shares 635,332 Est. Cost $38.54 Unrealized —

— AMERICAN CAP LTD 0.5%

Value $21.83M Shares 1,290,884 Est. Cost $14.69 Unrealized —

— TRIPLE-S MGMT CORP 0.4%

Value $16.75M Shares 763,705 Est. Cost $21.76 Unrealized —

SLV ISHARES SILVER TRUST 0.3%

Value $14.09M Shares 774,000 Est. Cost — Unrealized —

— SOLARCITY CORP 0.3%

Value $11.74M Shares 600,000 Est. Cost — Unrealized —

— CURRENCYSHARES EURO TR 0.2%

Value $9.883M Shares 90,383 Est. Cost $128.93 Unrealized —

— VALEANT PHARMACEUTICALS INTL 0.2%

Value $9.599M Shares 391,000 Est. Cost $24.55 Unrealized —

FDX FEDEX CORP 0.2%

Value $8.839M Shares 50,600 Est. Cost $141.16 Unrealized -0.2%

— VEDANTA LTD 0.2%

Value $8.368M Shares 806,982 Est. Cost $5.28 Unrealized —

— WMIH CORP 0.1%

Value $6.48M Shares 2,769,100 Est. Cost $2.60 Unrealized —

— COLONY CAP INC 0.1%

Value $5.974M Shares 241,073 Est. Cost $21.87 Unrealized —

— INGRAM MICRO INC 0.1%

Value $5.373M Shares 150,687 Est. Cost $23.47 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	10,050,000	$2.174B	49.2%	—	—	Call	78462F103
C	CITIGROUP INC	3,626,500	$171M	3.9%	$36.82	-7.3%	COM NEW	172967424
MA	MASTERCARD INCORPORATED	1,617,927	$165M	3.7%	$85.72	+6.0%	CL A	57636Q104
HCA	HCA HOLDINGS INC	2,159,097	$163M	3.7%	$72.32	-1.6%	COM	40412C101
CMCSA	COMCAST CORP NEW	2,298,249	$152M	3.4%	$23.04	+15.5%	CL A	20030N101
BIDU	BAIDU INC	744,459	$136M	3.1%	$146.16	—	SPON ADR REP A	056752108
—	WESTROCK CO	2,277,372	$110M	2.5%	$49.55	—	COM	96145D105
ICE	INTERCONTINENTAL EXCHANGE IN	308,417	$83.08M	1.9%	$39.82	+21.6%	COM	45866F104
CHTR	CHARTER COMMUNICATIONS INC N	297,644	$80.36M	1.8%	$214.89	+17.6%	CL A	16119P108
FDX	FEDEX CORP	443,500	$77.47M	1.8%	$141.16	-0.2%	COM	31428X106
ORCL	ORACLE CORP	1,922,106	$75.5M	1.7%	$31.88	+11.1%	COM	68389X105
CFG	CITIZENS FINL GROUP INC	3,002,200	$74.18M	1.7%	$16.24	-0.9%	COM	174610105
CBRE	CBRE GROUP INC	2,426,361	$67.89M	1.5%	$28.54	0.0%	CL A	12504L109
—	CDK GLOBAL INC	1,164,717	$66.81M	1.5%	$45.81	—	COM	12508E101
LAD	LITHIA MTRS INC	645,356	$61.64M	1.4%	$84.04	0.0%	CL A	536797103
AIG	AMERICAN INTL GROUP INC	1,000,640	$59.38M	1.3%	$39.47	+14.2%	COM NEW	026874784
—	ALLERGAN PLC	255,400	$58.82M	1.3%	$230.31	—	SHS	G0177J108
GS	GOLDMAN SACHS GROUP INC	337,400	$54.41M	1.2%	$126.63	+5.7%	COM	38141G104
GOOGL	ALPHABET INC	62,323	$50.11M	1.1%	$38.82	0.0%	CAP STK CL A	02079K305
—	REALOGY HLDGS CORP	1,751,807	$45.3M	1.0%	$25.86	—	COM	75605Y106
—	NORTHSTAR ASSET MGMT GROUP I	3,488,750	$45.11M	1.0%	$19.48	—	COM	66705Y104
COF	CAPITAL ONE FINL CORP	623,800	$44.81M	1.0%	$58.35	-0.2%	COM	14040H105
—	ROYAL BK SCOTLAND GROUP PLC	43,000,000	$42.7M	1.0%	$0.99	—	NOTE 8.625%12/3	780097BB6
GLD	SPDR GOLD TRUST	312,600	$39.27M	0.9%	—	—	Call	78463V107
CDW	CDW CORP	778,411	$35.6M	0.8%	$35.92	+9.3%	COM	12514G108
OEC	ORION ENGINEERED CARBONS S A	1,772,779	$33.22M	0.8%	$17.21	+1.6%	COM	L72967109
KFY	KORN FERRY INTL	1,408,402	$29.58M	0.7%	$19.92	0.0%	COM NEW	500643200
—	TRINSEO S A	519,506	$29.38M	0.7%	$18.35	—	SHS	L9340P101
GPI	GROUP 1 AUTOMOTIVE INC	436,425	$27.88M	0.6%	$74.70	-21.0%	COM	398905109
AGN 5.5 03/01/18 A	ALLERGAN PLC	32,800	$26.95M	0.6%	$833.59	—	PFD CONV SER A	G0177J116
—	KLX INC	635,332	$22.36M	0.5%	$38.54	—	COM	482539103
—	AMERICAN CAP LTD	1,290,884	$21.83M	0.5%	$14.69	—	COM	02503Y103
—	TRIPLE-S MGMT CORP	763,705	$16.75M	0.4%	$21.76	—	CL B	896749108
SLV	ISHARES SILVER TRUST	774,000	$14.09M	0.3%	—	—	Call	46428Q109
—	SOLARCITY CORP	600,000	$11.74M	0.3%	—	—	Put	83416T100
—	CURRENCYSHARES EURO TR	90,383	$9.883M	0.2%	$128.93	—	EURO SHS	23130C108
—	VALEANT PHARMACEUTICALS INTL	391,000	$9.599M	0.2%	$24.55	—	COM	91911K102
FDX	FEDEX CORP	50,600	$8.839M	0.2%	$141.16	-0.2%	Call	31428X106
—	VEDANTA LTD	806,982	$8.368M	0.2%	$5.28	—	SPONSORED ADR	92242Y100
—	WMIH CORP	2,769,100	$6.48M	0.1%	$2.60	—	COM	92936P100
—	COLONY CAP INC	241,073	$5.974M	0.1%	$21.87	—	CONV PFD-C	19624R403
—	INGRAM MICRO INC	150,687	$5.373M	0.1%	$23.47	—	CL A	457153104