1y return+14.8%S&P 500 +20.9%
3y return+38.7%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2022: $148 against $195 in the S&P 500.2
Lakewood Asset Management LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| FNDXSchwab Strategic Tr | $12.4M | 6.8% | +7.3% |
| VPLSVanguard Malvern Fds | $11.0M | 6.0% | +60.5% |
| VTVanguard Intl Equity Index F | $10.0M | 5.5% | +18.5% |
| BRK/BBerkshire Hathaway Inc Del | $10.0M | 5.5% | |
| VBILVanguard Instl Index Fd | $9.2M | 5.1% | +4.7% |
| EBAYEbay Inc. | $5.3M | 2.9% | −1.4% |
| DFAWDimensional Etf Trust | $4.9M | 2.7% | +266.6% |
| WSMWilliams Sonoma Inc | $4.9M | 2.7% | −1.8% |
| HPEHewlett Packard Enterprise C | $4.8M | 2.6% | |
| FNDFSchwab Strategic Tr | $3.9M | 2.1% | +24.1% |
| VTIVanguard Index Fds | $3.8M | 2.1% | +2.5% |
| COPConocophillips | $3.8M | 2.1% | |
| BACBank Of Amer Corp | $3.4M | 1.9% | +1.0% |
| RTXRtx Corporation | $3.4M | 1.8% | +5.5% |
| AZOAutozone Inc | $3.3M | 1.8% | |
| VUSBVanguard Bd Index Fds | $3.3M | 1.8% | +16.7% |
| AAPLApple Inc | $3.3M | 1.8% | |
| MCKMckesson Corp | $3.1M | 1.7% | |
| BILSpdr Series Trust | $3.0M | 1.7% | −1.6% |
| NVRNvr Inc | $3.0M | 1.6% | +1.2% |
| MTBM & T Bk Corp | $2.9M | 1.6% | |
| VTIPVanguard Malvern Fds | $2.7M | 1.5% | −7.6% |
| RFRegions Financial Corp New | $2.3M | 1.3% | |
| FANGDiamondback Energy Inc | $2.2M | 1.2% | |
| BKNGBooking Holdings Inc | $2.2M | 1.2% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| CATCaterpillar Inc | December 31, 2022 | +344.5% | $1.2M |
| WSMWilliams Sonoma Inc | December 31, 2022 | +305.7% | $4.9M |
| CMICummins Inc | December 31, 2022 | +194.4% | $1.3M |
| HPEHewlett Packard Enterprise C | December 31, 2022 | +182.6% | $4.8M |
| EBAYEbay Inc. | December 31, 2022 | +169.5% | $5.3M |
| AAPLApple Inc | December 31, 2022 | +122.7% | $3.3M |
| BKNGBooking Holdings Inc | December 31, 2022 | +121.1% | $2.2M |
| MCKMckesson Corp | December 31, 2022 | +101.4% | $3.1M |
| IVVIshares Tr | December 31, 2022 | +94.9% | $1.7M |
| VTIVanguard Index Fds | December 31, 2022 | +93.5% | $3.8M |
Sold off last quarter
- VTEBVanguard Mun Bd Fds was $1.2M
- SLVIshares Silver Tr was $632K
- Fonar CorpCUSIP 344437405 was $354K
- ORCLOracle Corp was $271K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +7.4% | +14.8% |
| March 31, 2026 | +1.4% | −4.6% |
| December 31, 2025 | −0.8% | +2.4% |
| September 30, 2025 | +6.3% | +7.8% |
| June 30, 2025 | +2.6% | +10.5% |
| March 31, 2025 | −0.7% | −4.6% |
| December 31, 2024 | −0.7% | +2.1% |
| September 30, 2024 | +6.5% | +5.4% |
| June 30, 2024 | −2.4% | +4.0% |
| March 31, 2024 | +9.1% | +10.0% |
| December 31, 2023 | +7.3% | +11.2% |
| September 30, 2023 | −1.7% | −3.6% |
| June 30, 2023 | +4.0% | +8.3% |
| March 31, 2023 | +2.6% | +7.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Lakewood Asset Management LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1966581&type=13F-HR&dateb=&owner=include&count=40CIK 1966581
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1966581/000175496026000685/Filed August 6, 2026 · accession 0001754960-26-000685