LYRICAL ASSET MANAGEMENT LP

CIK

1542302

Location

NEW YORK, NY

Portfolio Value

Mid $6,553,176,877

Diversification

Diversified

Filing Date

Global Rank

#420 / 8,232 ▲ 10

Top Industry

Software - Infrastructure 14.9%

3Y Alpha vs SPY

+4.3%

Period ended 2 months ago

Filed May 11, 2026 · 34d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+95.6%

SPY

+76.3%

Annualised alpha

+4.3%

Max drawdown

−19.8%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

37 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 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%