Lionstone Capital Management LLC Long-Term Concentrated

Location: NEW YORK, NY

CIK: 0001575662 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $413M (100.0% shares, 0.0% debt)

Holdings (12)

Increased Positions (1)

FSV FIRSTSERVICE CORP NEW 8.8%

Value $36.4M (-4.8%) Shares 261,955 (+6.6%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FSV	FIRSTSERVICE CORP NEW	261,955 (+6.6%)	$36.4M (-4.8%)	8.8%	—	—	COM	33767E202

Unchanged Positions (11)

SPGI S&P GLOBAL INC 8.7%

Value $35.73M Shares 84,000 Est. Cost — Unrealized —

AMZN AMAZON COM INC 14.1%

Value $58.26M Shares 279,740 Est. Cost — Unrealized —

GOOG ALPHABET INC 16.2%

Value $66.99M Shares 233,545 Est. Cost — Unrealized —

APG API GROUP CORP 24.3%

Value $100M Shares 2,476,270 Est. Cost — Unrealized —

CPRT COPART INC 6.2%

Value $25.77M Shares 776,300 Est. Cost — Unrealized —

FERG FERGUSON ENTERPRISES INC 9.1%

Value $37.57M Shares 161,048 Est. Cost — Unrealized —

QXO QXO INC 11.0%

Value $45.3M Shares 2,332,662 Est. Cost — Unrealized —

LOW LOWES COS INC 1.2%

Value $5.04M Shares 21,330 Est. Cost — Unrealized —

LBRDK LIBERTY BROADBAND CORP 0.3%

Value $1.238M Shares 24,605 Est. Cost — Unrealized —

UUUU ENERGY FUELS INC 0.0%

Value $123K Shares 6,760 Est. Cost — Unrealized —

GLIBK GCI LIBERTY INC 0.1%

Value $253K Shares 6,810 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPGI	S&P GLOBAL INC	84,000	$35.73M	8.7%	—	—	COM	78409V104
AMZN	AMAZON COM INC	279,740	$58.26M	14.1%	—	—	COM	023135106
GOOG	ALPHABET INC	233,545	$66.99M	16.2%	—	—	CAP STK CL C	02079K107
APG	API GROUP CORP	2,476,270	$100M	24.3%	—	—	COM STK	00187Y100
CPRT	COPART INC	776,300	$25.77M	6.2%	—	—	COM	217204106
FERG	FERGUSON ENTERPRISES INC	161,048	$37.57M	9.1%	—	—	COMMON STOCK NEW	31488V107
QXO	QXO INC	2,332,662	$45.3M	11.0%	—	—	COM NEW	82846H405
LOW	LOWES COS INC	21,330	$5.04M	1.2%	—	—	COM	548661107
LBRDK	LIBERTY BROADBAND CORP	24,605	$1.238M	0.3%	—	—	COM SER C	530307305
UUUU	ENERGY FUELS INC	6,760	$123K	0.0%	—	—	COM NEW	292671708
GLIBK	GCI LIBERTY INC	6,810	$253K	0.1%	—	—	COM SER C	36164V800