# Lansing Management LP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1691908. Source: https://holderbook.com/funds/1691908-lansing-management-lp/

- Reported value: $165.2M
- Positions: 13
- Weight of the ten largest: 88.6%
- Filed: 2026-07-31

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 |
|---|---|---|---|---|---|
| INTERACTIVE BROKERS GROUP IN | [IBKR](https://holderbook.com/stocks/IBKR/) | $21.4M | 245,725 | 12.9% | 11 |
| HEICO CORP NEW | [HEIA](https://holderbook.com/stocks/HEIA/) | $20.7M | 80,375 | 12.5% | 8 |
| API GROUP CORP | [APG](https://holderbook.com/stocks/APG/) | $16.6M | 391,770 | 10.0% | 15 |
| FERRARI N V | [RACE](https://holderbook.com/stocks/RACE/) | $15.0M | 40,229 | 9.1% | 31 |
| SUNBELT RENTALS HOLDINGS INC | [SUNB](https://holderbook.com/stocks/SUNB/) | $14.7M | 196,552 | 8.9% | 2 |
| TRANSUNION | [TRU](https://holderbook.com/stocks/TRU/) | $13.6M | 188,601 | 8.2% | 31 |
| HILTON WORLDWIDE HLDGS INC | [HLT](https://holderbook.com/stocks/HLT/) | $13.0M | 39,435 | 7.9% | 3 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $12.7M | 27,989 | 7.7% | 6 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $10.0M | 60,230 | 6.1% | 3 |
| COMPASS INC | [COMP](https://holderbook.com/stocks/COMP/) | $8.6M | 696,990 | 5.2% | 4 |
| BOYD GROUP SERVICES INC | [BGSI](https://holderbook.com/stocks/BGSI/) | $7.3M | 77,330 | 4.4% | 3 |
| CLEAN HARBORS INC | [CLH](https://holderbook.com/stocks/CLH/) | $6.4M | 21,463 | 3.9% | 3 |
| OLD DOMINION FREIGHT LINE IN | [ODFL](https://holderbook.com/stocks/ODFL/) | $5.2M | 23,820 | 3.1% | 3 |

## 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 | +11.8% | +14.8% | -3.0% | 100% |
| Q1 2026 | -8.3% | -4.6% | -3.7% | 100% |
| Q4 2025 | -4.3% | +2.4% | -6.7% | 100% |
| Q3 2025 | +0.8% | +7.8% | -7.0% | 100% |
| Q2 2025 | +17.6% | +10.5% | +7.1% | 100% |
| Q1 2025 | +1.2% | -4.6% | +5.7% | 100% |
| Q4 2024 | -2.2% | +2.1% | -4.3% | 100% |
| Q3 2024 | +9.9% | +5.4% | +4.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $165.2M | 13 |
| Q1 2026 | $150.6M | 14 |
| Q4 2025 | $150.5M | 13 |
| Q3 2025 | $137.8M | 9 |
| Q2 2025 | $145.9M | 8 |
| Q1 2025 | $119.1M | 8 |
| Q4 2024 | $113.5M | 7 |
| Q3 2024 | $139.7M | 7 |
| Q2 2024 | $101.0M | 5 |
| Q1 2024 | $102.9M | 6 |
| Q4 2023 | $93.5M | 7 |
| Q3 2023 | $87.5M | 6 |