# LYRICAL ASSET MANAGEMENT LP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1542302. Source: https://holderbook.com/funds/1542302-lyrical-asset-management-lp/

- Reported value: $7.9B
- Positions: 41
- Weight of the ten largest: 51.5%
- Filed: 2026-08-12

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| FLEX LTD | [FLEX](https://holderbook.com/stocks/FLEX/) | $751.2M | 4,635,010 | 9.5% | 31 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $437.8M | 2,996,423 | 5.6% | 9 |
| NRG ENERGY INC | [NRG](https://holderbook.com/stocks/NRG/) | $392.8M | 2,689,623 | 5.0% | 25 |
| F5 INC | [FFIV](https://holderbook.com/stocks/FFIV/) | $383.5M | 921,848 | 4.9% | 13 |
| NETAPP INC | [NTAP](https://holderbook.com/stocks/NTAP/) | $381.6M | 2,465,831 | 4.8% | 4 |
| EBAY INC. | [EBAY](https://holderbook.com/stocks/EBAY/) | $380.1M | 3,400,987 | 4.8% | 22 |
| EXPEDIA GROUP INC | [EXPE](https://holderbook.com/stocks/EXPE/) | $367.1M | 1,434,628 | 4.7% | 13 |
| AERCAP HOLDINGS NV | [AER](https://holderbook.com/stocks/AER/) | $362.1M | 2,483,729 | 4.6% | 31 |
| TD SYNNEX CORPORATION | [SNX](https://holderbook.com/stocks/SNX/) | $309.4M | 1,157,217 | 3.9% | 27 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $298.6M | 650,835 | 3.8% | 31 |
| ARROW ELECTRS INC | [ARW](https://holderbook.com/stocks/ARW/) | $264.2M | 1,238,146 | 3.4% | 31 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $255.0M | 654,071 | 3.2% | 31 |
| NXP SEMICONDUCTORS N V | [NXPI](https://holderbook.com/stocks/NXPI/) | $249.4M | 887,619 | 3.2% | 15 |
| IQVIA HLDGS INC | [IQV](https://holderbook.com/stocks/IQV/) | $243.4M | 1,259,894 | 3.1% | 1 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $235.2M | 3,259,908 | 3.0% | 18 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $205.0M | 743,592 | 2.6% | 21 |
| WESCO INTL INC | [WCC](https://holderbook.com/stocks/WCC/) | $199.0M | 575,980 | 2.5% | 17 |
| GEN DIGITAL INC | [GEN](https://holderbook.com/stocks/GEN/) | $198.7M | 7,983,428 | 2.5% | 20 |
| CORPAY INC | [CPAY](https://holderbook.com/stocks/CPAY/) | $197.4M | 592,382 | 2.5% | 8 |
| AFFILIATED MANAGERS GROUP | [AMG](https://holderbook.com/stocks/AMG/) | $160.0M | 472,886 | 2.0% | 31 |
| CENTENE CORP DEL | [CNC](https://holderbook.com/stocks/CNC/) | $157.3M | 2,449,957 | 2.0% | 24 |
| ASSURANT INC | [AIZ](https://holderbook.com/stocks/AIZ/) | $156.5M | 582,803 | 2.0% | 31 |
| ICON PUB LTD CO | [ICLR](https://holderbook.com/stocks/ICLR/) | $153.1M | 881,179 | 1.9% | 3 |
| LITHIA MTRS INC | [LAD](https://holderbook.com/stocks/LAD/) | $144.7M | 498,050 | 1.8% | 22 |
| FIDELITY NATL INFORMATION SV | [FIS](https://holderbook.com/stocks/FIS/) | $142.5M | 3,664,194 | 1.8% | 11 |
| PRIMERICA INC | [PRI](https://holderbook.com/stocks/PRI/) | $137.8M | 484,835 | 1.7% | 15 |
| SS&C TECH HLDGS | [SSNC](https://holderbook.com/stocks/SSNC/) | $137.8M | 2,220,129 | 1.7% | 3 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $133.1M | 1,834,709 | 1.7% | 18 |
| SCHEIN HENRY INC | [HSIC](https://holderbook.com/stocks/HSIC/) | $122.6M | 1,467,351 | 1.6% | 7 |
| WEX INC | [WEX](https://holderbook.com/stocks/WEX/) | $108.7M | 770,524 | 1.4% | 10 |
| LKQ CORP | [LKQ](https://holderbook.com/stocks/LKQ/) | $76.2M | 2,893,460 | 1.0% | 5 |
| AUTONATION INC | [AN](https://holderbook.com/stocks/AN/) | $67.0M | 360,418 | 0.8% | 2 |
| CONCENTRIX CORP | [CNXC](https://holderbook.com/stocks/CNXC/) | $31.1M | 1,386,492 | 0.4% | 15 |
| CROWN HLDGS INC | [CCK](https://holderbook.com/stocks/CCK/) | $13.3M | 119,360 | 0.2% | 15 |
| SUNBELT RENTALS HOLDINGS INC | [SUNB](https://holderbook.com/stocks/SUNB/) | $13.1M | 174,820 | 0.2% | 2 |
| APTIV PLC | [APTV](https://holderbook.com/stocks/APTV/) | $10.1M | 164,113 | 0.1% | 7 |
| VERSIGENT PLC | [VGNT](https://holderbook.com/stocks/VGNT/) | $3.0M | 71,430 | 0.0% | 1 |
| Nintendo Co Ltd | [NTDOY](https://holderbook.com/stocks/NTDOY/) | $2.6M | 244,323 | 0.0% | 18 |
| GRAB HOLDINGS LIMITED | [GRAB](https://holderbook.com/stocks/GRAB/) | $1.6M | 431,288 | 0.0% | 3 |
| SONY GROUP CORP | [SONY](https://holderbook.com/stocks/SONY/) | $562.6K | 28,045 | 0.0% | 2 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $208.3K | 979 | 0.0% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +25.3% | +14.8% | +10.5% | 100% |
| Q1 2026 | -5.8% | -4.6% | -1.1% | 94% |
| Q4 2025 | +1.9% | +2.4% | -0.4% | 100% |
| Q3 2025 | +4.1% | +7.8% | -3.7% | 99% |
| Q2 2025 | +14.1% | +10.5% | +3.6% | 99% |
| Q1 2025 | -1.3% | -4.6% | +3.3% | 99% |
| Q4 2024 | -2.8% | +2.1% | -4.9% | 99% |
| Q3 2024 | +11.9% | +5.4% | +6.5% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $7.9B | 41 |
| Q1 2026 | $6.6B | 39 |
| Q4 2025 | $7.6B | 37 |
| Q3 2025 | $7.1B | 38 |
| Q2 2025 | $6.9B | 38 |
| Q1 2025 | $6.6B | 38 |
| Q4 2024 | $6.8B | 38 |
| Q3 2024 | $6.9B | 38 |
| Q2 2024 | $6.2B | 36 |
| Q1 2024 | $6.7B | 36 |
| Q4 2023 | $6.1B | 40 |
| Q3 2023 | $5.3B | 41 |