Lionstone Capital Management LLC

CIK

1575662

Location

NEW YORK, NY

Portfolio Value

Small $434,997,848

Diversification

Moderately concentrated

Filing Date

Global Rank

#3,064 / 8,650 ▼ 109

Top Industry

Engineering & Construction 24.1%

3Y Alpha vs SPY

-0.5%

Period ended 56 days ago

Filed Aug 14, 2026 · 11d

26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 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

+71.6%

SPY

+73.5%

Annualised alpha

-0.4%

Max drawdown

−20.4%

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. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

11 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

24.1%

−0.2 pts

Top 5

78.1%

+3.4 pts

Top 10

100.0%

+0.1 pts

HHI

1,534

Moderately concentrated+86

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Industrials	48.1%	$209,190,479	4
Communication Services	19.2%	$83,483,639	3
Consumer Cyclical	15.3%	$66,673,231	1
Real Estate	9.5%	$41,342,641	1
Financial Services	7.9%	$34,209,838	1
Energy	0.0%	$98,020	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
QXO	QXO, Inc.	+226,078	2,558,740	$44,215,027
FSV	FirstService Corp	+28,965	290,920	$41,342,641
No positions match the current search.

Trimmed

Positions the filer reduced

No qualifying positions this quarter.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
LOW	Lowes Companies Inc	21,330	$5,039,852
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

11 tracked positions · $434,997,848 total · filing declares 11 positions · $434,997,855 · as of Jun 30, 2026

All sectors Communication Services Consumer Cyclical Energy Financial Services Industrials Real Estate

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
APG	APi Group Corp Industrials	Held	2,476,270	0	$104,870,034	+4.5%	24.11%
GOOGL	Alphabet Inc. Communication Services	Held	233,545	0	$82,518,454	+23.2%	18.97%
AMZN	Amazon Com Inc Consumer Cyclical	Held	279,740	0	$66,673,231	+14.4%	15.33%
QXO	QXO, Inc. Industrials	Added	2,558,740	+226,078	$44,215,027	−2.4%	10.16%
FSV	FirstService Corp Real Estate	Added	290,920	+28,965	$41,342,641	+13.6%	9.50%
FERG	Ferguson Enterprises Inc. /DE/ Industrials	Held	161,048	0	$38,221,521	+1.7%	8.79%
SPGI	S&P Global Inc. Financial Services	Held	84,000	0	$34,209,838	−4.3%	7.86%
CPRT	Copart Inc Industrials	Held	776,300	0	$21,883,897	−15.1%	5.03%
LBRDA	Liberty Broadband Corp Communication Services	Held	24,605	0	$818,362	−33.9%	0.19%
GLIBA	Liberty Capital Corp/NV Communication Services	Held	6,810	0	$146,823	−42.1%	0.03%
UUUU	Energy Fuels Inc Energy	Held	6,760	0	$98,020	−20.5%	0.02%

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.