LFL Advisers, LLC
Filing Date
Global Rank
#3,085
/ 8,232
▲ 437
Top Industry
Banks - Diversified
18.0%
3Y Alpha vs SPY
-0.9%
Period ended 2 months ago
Filed May 13, 2026 · 31d
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
+72.8%
SPY
+76.5%
Annualised alpha
-0.9%
Max drawdown
−15.9%
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
8 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
18.0%
−2.4 pts
Top 5
74.9%
−7.0 pts
Top 10
100.0%
0.0 pts
HHI
1,366
Diversified−210
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 45.6% | $138,548,624 |
| Technology | 16.1% | $48,919,876 |
| Industrials | 14.1% | $42,951,784 |
| Real Estate | 13.2% | $40,067,624 |
| Consumer Cyclical | 10.9% | $33,117,513 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
6 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| AON | Aon plc | +34,009 | 126,666 | $40,885,251 | |
| LAMR | Lamar Advertising Co/New | +8,005 | 316,340 | $40,067,624 | |
| PGR | Progressive Corp/Oh/ | +507 | 140,779 | $27,908,028 | |
| ALV | Autoliv Inc | +418 | 314,925 | $33,117,513 | |
| TEL | TE Connectivity plc | +157 | 234,044 | $48,919,876 | |
| BRK-B | Berkshire Hathaway Inc | +110 | 31,803 | $15,239,997 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BNY | Bank of New York Mellon Corp | −3,085 | 459,541 | $54,515,348 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SUNB | Sunbelt Rentals Holdings, Inc. | 659,883 | $42,951,784 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
8 positions ·
$303,605,421 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| BNY |
Bank of New York Mellon Corp
Financial Services
|
Reduced | 459,541 | $54,515,348 | 17.96% | |
| TEL |
TE Connectivity plc
Technology
|
Added | 234,044 | $48,919,876 | 16.11% | |
| SUNB |
Sunbelt Rentals Holdings, Inc.
Industrials
|
NEW | 659,883 | $42,951,784 | 14.15% | |
| AON |
Aon plc
Financial Services
|
Added | 126,666 | $40,885,251 | 13.47% | |
| LAMR |
Lamar Advertising Co/New
Real Estate
|
Added | 316,340 | $40,067,624 | 13.20% | |
| ALV |
Autoliv Inc
Consumer Cyclical
|
Added | 314,925 | $33,117,513 | 10.91% | |
| PGR |
Progressive Corp/Oh/
Financial Services
|
Added | 140,779 | $27,908,028 | 9.19% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Added | 31,803 | $15,239,997 | 5.02% |