Lancaster Investment Management Diversified Active

CIK: 0001630064 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 12, 2026

Total Value ($000): $195 (100.0% shares, 0.0% debt)

Holdings (8)

New Positions (1)

NKE NIKE INC -CL B 3.0%

Value ($000) $6 Shares 90,300 Est. Cost $64.91 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NKE	NIKE INC -CL B	90,300	$6	3.0%	$64.91	0.0%	CLASS B	654106103

Increased Positions (2)

HDB HDFC BANK-ADR 8.8%

Value ($000) $17 (+8.2%) Shares 467,502 (+1.2%) Est. Cost $0.05 Unrealized —

MANU MANCHESTER UNI-A 7.3%

Value ($000) $14 (+6.2%) Shares 899,416 (+1.0%) Est. Cost $16.63 Unrealized -2.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HDB	HDFC BANK-ADR	467,502 (+1.2%)	$17 (+8.2%)	8.8%	$0.05	—	SPONSORED ADS	40415F101
MANU	MANCHESTER UNI-A	899,416 (+1.0%)	$14 (+6.2%)	7.3%	$16.63	-2.9%	ORD CL A	G5784H106

Exited Positions (1)

TXG 10X GENOMICS I-A 3.7%

Value ($000) $7 Shares 621,779 Est. Cost $13.04 Unrealized +15.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TXG	10X GENOMICS I-A	621,779	$7	3.7%	$13.04	+15.9%	—	88025U109

Decreased Positions (4)

DKS DICK'S SPORTING 9.5%

Value ($000) $19 (-41.3%) Shares 93,619 (-34.1%) Est. Cost $215.56 Unrealized +0.7%

FLUT FLUTTER ENTER-DI 14.2%

Value ($000) $28 (-31.5%) Shares 128,988 (-19.1%) Est. Cost $245.37 Unrealized -8.3%

LBTYA LIBERTY GLOBAL-A 20.6%

Value ($000) $40 (-15.6%) Shares 3,604,640 (-13.2%) Est. Cost $9.20 Unrealized +20.3%

ALV AUTOLIV INC 35.8%

Value ($000) $70 (-7.8%) Shares 587,831 (-4.1%) Est. Cost $88.27 Unrealized +35.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DKS	DICK'S SPORTING	93,619 (-34.1%)	$19 (-41.3%)	9.5%	$215.56	+0.7%	COM	253393102
FLUT	FLUTTER ENTER-DI	128,988 (-19.1%)	$28 (-31.5%)	14.2%	$245.37	-8.3%	SHS	G3643J108
LBTYA	LIBERTY GLOBAL-A	3,604,640 (-13.2%)	$40 (-15.6%)	20.6%	$9.20	+20.3%	COM CL A	G61188101
ALV	AUTOLIV INC	587,831 (-4.1%)	$70 (-7.8%)	35.8%	$88.27	+35.3%	COM	052800109

Unchanged Positions (1)

GLRE GREENLIGHT CAP-A 0.8%

Value ($000) $2 Shares 110,000 Est. Cost $11.12 Unrealized +18.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GLRE	GREENLIGHT CAP-A	110,000	$2	0.8%	$11.12	+18.1%	CLASS A	G4095J109