LYRICAL ASSET MANAGEMENT LP

CIK

1542302

Location

NEW YORK, NY

Portfolio Value

Mid $6,553,176,877

Diversification

Diversified

Filing Date

Global Rank

#556 / 8,622 ▼ 21 · as of Mar 2026

Top Industry

Software - Infrastructure 14.9%

3Y Alpha vs SPY

+4.1%

Period ended 4 months ago

Filed May 11, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+97.5%

SPY

+67.9%

Annualised alpha

+6.6%

Max drawdown

−19.8%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

37 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.0%

+0.2 pts

Top 5

30.1%

−0.8 pts

Top 10

52.5%

−0.8 pts

HHI

396

Diversified−15

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	39.7%	$2,603,200,786	15
Industrials	16.3%	$1,070,504,893	5
Consumer Cyclical	14.6%	$959,485,974	7
Healthcare	12.5%	$817,086,295	5
Financial Services	10.6%	$696,006,004	4
Utilities	6.2%	$406,892,925	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

7 positions

Ticker	Company	Δ Shares	Shares	Value
NXPI	NXP Semiconductors N.V.	+905,251	934,201	$183,906,808
GRAB	Grab Holdings Ltd	+306,844	1,062,318	$3,888,083
CNC	Centene Corp	+73,227	2,532,698	$82,920,532
APTV	Aptiv PLC	+44,406	142,375	$9,886,520
CCK	Crown Holdings, Inc.	+23,702	96,822	$9,706,405
GPN	Global Payments Inc	+9,563	1,826,323	$122,911,537
CNXC	Concentrix Corp	+3,055	1,194,757	$32,688,551
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
FLEX	Flex Ltd.	−576,397	6,960,981	$455,665,816
NRG	Nrg Energy, Inc.	−223,330	2,784,268	$406,892,925
JCI	Johnson Controls International plc	−211,267	3,146,555	$412,041,377
SSNC	SS&C Technologies Holdings Inc	−205,975	2,317,171	$156,571,244
UBER	Uber Technologies, Inc	−202,706	3,316,211	$238,535,057
EBAY	Ebay Inc	−187,330	3,492,629	$317,899,091
AER	AerCap Holdings N.V.	−180,787	2,601,851	$356,921,920
GEN	Gen Digital Inc.	−180,665	7,967,247	$150,023,261
LKQ	Lkq Corp	−157,721	3,049,786	$89,572,214
FIS	Fidelity National Information Services, Inc.	−149,993	3,664,892	$171,920,083
HSIC	Henry Schein Inc	−131,660	1,544,442	$113,825,375
EXPE	Expedia Group, Inc.	−107,054	1,489,983	$344,022,174
NTAP	NetApp, Inc.	−75,410	2,527,356	$258,775,980
ARW	Arrow Electronics, Inc.	−58,666	1,270,012	$182,132,420
CPAY	Corpay, Inc.	−57,048	618,656	$180,022,709
AIZ	Assurant, Inc.	−54,590	612,104	$133,322,372
AMP	Ameriprise Financial Inc	−52,158	668,303	$296,993,853
AMG	Affiliated Managers Group, Inc.	−49,466	502,121	$138,936,880
HCA	HCA Healthcare, Inc.	−46,474	668,645	$316,429,559
WCC	Wesco International Inc	−44,076	607,408	$166,198,976
SNX	Td Synnex Corp	−43,756	1,176,629	$198,509,078
FFIV	F5, Inc.	−39,434	947,361	$274,099,958
PRI	Primerica, Inc.	−35,287	506,040	$126,752,899
ICLR	Icon PLC	−29,757	938,204	$103,821,654
CI	Cigna Group	−16,375	750,100	$200,089,175
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
AN	Autonation, Inc.	375,771	$73,373,045
SUNB	Sunbelt Rentals Holdings, Inc.	190,983	$12,431,083
SONY	Sony Group Corp	391	$8,093
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

37 tracked positions · $6,553,176,877 total · as of Mar 31, 2026

All sectors Consumer Cyclical Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
FLEX	Flex Ltd. Technology	Reduced	6,960,981	-576,397	$455,665,816	+0.1%	6.95%
JCI	Johnson Controls International plc Industrials	Reduced	3,146,555	-211,267	$412,041,377	+2.5%	6.29%
NRG	Nrg Energy, Inc. Utilities	Reduced	2,784,268	-223,330	$406,892,925	−15.0%	6.21%
AER	AerCap Holdings N.V. Industrials	Reduced	2,601,851	-180,787	$356,921,920	−10.8%	5.45%
EXPE	Expedia Group, Inc. Consumer Cyclical	Reduced	1,489,983	-107,054	$344,022,174	−24.0%	5.25%
EBAY	Ebay Inc Consumer Cyclical	Reduced	3,492,629	-187,330	$317,899,091	−0.8%	4.85%
HCA	HCA Healthcare, Inc. Healthcare	Reduced	668,645	-46,474	$316,429,559	−5.2%	4.83%
AMP	Ameriprise Financial Inc Financial Services	Reduced	668,303	-52,158	$296,993,853	−15.9%	4.53%
FFIV	F5, Inc. Technology	Reduced	947,361	-39,434	$274,099,958	+8.8%	4.18%
NTAP	NetApp, Inc. Technology	Reduced	2,527,356	-75,410	$258,775,980	−7.2%	3.95%
UBER	Uber Technologies, Inc Technology	Reduced	3,316,211	-202,706	$238,535,057	−17.0%	3.64%
CI	Cigna Group Healthcare	Reduced	750,100	-16,375	$200,089,175	−5.2%	3.05%
SNX	Td Synnex Corp Technology	Reduced	1,176,629	-43,756	$198,509,078	+8.3%	3.03%
NXPI	NXP Semiconductors N.V. Technology	Added	934,201	+905,251	$183,906,808	+2826.6%	2.81%
ARW	Arrow Electronics, Inc. Technology	Reduced	1,270,012	-58,666	$182,132,420	+24.4%	2.78%
CPAY	Corpay, Inc. Technology	Reduced	618,656	-57,048	$180,022,709	−11.5%	2.75%
FIS	Fidelity National Information Services, Inc. Technology	Reduced	3,664,892	-149,993	$171,920,083	−32.2%	2.62%
WCC	Wesco International Inc Industrials	Reduced	607,408	-44,076	$166,198,976	+4.3%	2.54%
SSNC	SS&C Technologies Holdings Inc Technology	Reduced	2,317,171	-205,975	$156,571,244	−29.0%	2.39%
GEN	Gen Digital Inc. Technology	Reduced	7,967,247	-180,665	$150,023,261	−32.3%	2.29%
AMG	Affiliated Managers Group, Inc. Financial Services	Reduced	502,121	-49,466	$138,936,880	−12.6%	2.12%
AIZ	Assurant, Inc. Financial Services	Reduced	612,104	-54,590	$133,322,372	−17.0%	2.03%
PRI	Primerica, Inc. Financial Services	Reduced	506,040	-35,287	$126,752,899	−9.4%	1.93%
GPN	Global Payments Inc Industrials	Added	1,826,323	+9,563	$122,911,537	−12.6%	1.88%
WEX	WEX Inc. Technology	Reduced	760,936	-12,972	$116,453,645	+1.0%	1.78%
LAD	Lithia Motors Inc Consumer Cyclical	Reduced	460,622	-15,120	$115,026,525	−27.2%	1.76%
HSIC	Henry Schein Inc Healthcare	Reduced	1,544,442	-131,660	$113,825,375	−10.1%	1.74%
ICLR	Icon PLC Healthcare	Reduced	938,204	-29,757	$103,821,654	−41.1%	1.58%
LKQ	Lkq Corp Consumer Cyclical	Reduced	3,049,786	-157,721	$89,572,214	−7.5%	1.37%
CNC	Centene Corp Healthcare	Added	2,532,698	+73,227	$82,920,532	−18.1%	1.27%
AN	Autonation, Inc. Consumer Cyclical	NEW	375,771	NEW	$73,373,045	NEW	1.12%
CNXC	Concentrix Corp Technology	Added	1,194,757	+3,055	$32,688,551	−34.0%	0.50%
SUNB	Sunbelt Rentals Holdings, Inc. Industrials	NEW	190,983	NEW	$12,431,083	NEW	0.19%
APTV	Aptiv PLC Consumer Cyclical	Added	142,375	+44,406	$9,886,520	+32.6%	0.15%
CCK	Crown Holdings, Inc. Consumer Cyclical	Added	96,822	+23,702	$9,706,405	+28.9%	0.15%
GRAB	Grab Holdings Ltd Technology	Added	1,062,318	+306,844	$3,888,083	+3.1%	0.06%
SONY	Sony Group Corp Technology	NEW	391	NEW	$8,093	NEW	0.00%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.