Lionstone Capital Management LLC
CIK
1575662
Location
NEW YORK, NY
Portfolio Value
Small
$344,527,230
Diversification
Moderately concentrated
Filing Date
Global Rank
#3,204
/ 8,586
▼ 3
Top Industry
Engineering & Construction
29.1%
3Y Alpha vs SPY
-10.7%
Period ended 3 months ago
Filed May 15, 2026 · 32d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+34.5%
SPY
+78.1%
Annualised alpha
-10.8%
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
9 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
29.1%
+2.7 pts
Top 5
80.7%
+0.6 pts
Top 10
100.0%
0.0 pts
HHI
1,703
Moderately concentrated+80
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Industrials | 60.7% | $208,977,972 |
| Consumer Cyclical | 18.4% | $63,301,301 |
| Real Estate | 10.6% | $36,396,027 |
| Financial Services | 10.4% | $35,728,560 |
| Energy | 0.0% | $123,370 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| FSV | FirstService Corp | +16,235 | 261,955 | $36,396,027 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reducedNo qualifying positions this quarter.
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
9 positions ·
$344,527,230 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| APG |
APi Group Corp
Industrials
|
Held | 2,476,270 | $100,338,460 | 29.12% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Held | 279,740 | $58,261,449 | 16.91% | |
| QXO |
QXO, Inc.
Industrials
|
Held | 2,332,662 | $45,300,296 | 13.15% | |
| FERG |
Ferguson Enterprises Inc. /DE/
Industrials
|
Held | 161,048 | $37,566,056 | 10.90% | |
| FSV |
FirstService Corp
Real Estate
|
Added | 261,955 | $36,396,027 | 10.56% | |
| SPGI |
S&P Global Inc.
Financial Services
|
Held | 84,000 | $35,728,560 | 10.37% | |
| CPRT |
Copart Inc
Industrials
|
Held | 776,300 | $25,773,160 | 7.48% | |
| LOW |
Lowes Companies Inc
Consumer Cyclical
|
Held | 21,330 | $5,039,852 | 1.46% | |
| UUUU |
Energy Fuels Inc
Energy
|
Held | 6,760 | $123,370 | 0.04% |