# Lakewood Asset Management LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1966581. Source: https://holderbook.com/funds/1966581-lakewood-asset-management-llc/

- Reported value: $182.3M
- Positions: 107
- Weight of the ten largest: 41.9%
- Filed: 2026-08-06

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 |
|---|---|---|---|---|---|
| SCHWAB STRATEGIC TR | [FNDX](https://holderbook.com/stocks/FNDX/) | $12.4M | 397,708 | 6.8% | 15 |
| VANGUARD MALVERN FDS | [VPLS](https://holderbook.com/stocks/VPLS/) | $11.0M | 141,422 | 6.0% | 9 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $10.0M | 63,816 | 5.5% | 15 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $10.0M | 19,996 | 5.5% | 15 |
| VANGUARD INSTL INDEX FD | [VBIL](https://holderbook.com/stocks/VBIL/) | $9.2M | 122,017 | 5.1% | 5 |
| EBAY INC. | [EBAY](https://holderbook.com/stocks/EBAY/) | $5.3M | 47,640 | 2.9% | 15 |
| DIMENSIONAL ETF TRUST | [DFAW](https://holderbook.com/stocks/DFAW/) | $4.9M | 59,183 | 2.7% | 2 |
| WILLIAMS SONOMA INC | [WSM](https://holderbook.com/stocks/WSM/) | $4.9M | 20,853 | 2.7% | 15 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $4.8M | 106,444 | 2.6% | 15 |
| SCHWAB STRATEGIC TR | [FNDF](https://holderbook.com/stocks/FNDF/) | $3.9M | 73,369 | 2.1% | 15 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $3.8M | 10,343 | 2.1% | 15 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $3.8M | 36,504 | 2.1% | 15 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $3.4M | 59,440 | 1.9% | 15 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $3.4M | 17,759 | 1.8% | 15 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $3.3M | 1,048 | 1.8% | 15 |
| VANGUARD BD INDEX FDS | [VUSB](https://holderbook.com/stocks/VUSB/) | $3.3M | 66,809 | 1.8% | 15 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.3M | 11,456 | 1.8% | 15 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $3.1M | 4,075 | 1.7% | 15 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $3.0M | 32,838 | 1.7% | 15 |
| NVR INC | [NVR](https://holderbook.com/stocks/NVR/) | $3.0M | 433 | 1.6% | 15 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $2.9M | 12,292 | 1.6% | 15 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $2.7M | 53,286 | 1.5% | 15 |
| REGIONS FINANCIAL CORP NEW | [RF](https://holderbook.com/stocks/RF/) | $2.3M | 76,607 | 1.3% | 15 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $2.2M | 12,320 | 1.2% | 15 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $2.2M | 12,125 | 1.2% | 15 |
| DIMENSIONAL ETF TRUST | [DCOR](https://holderbook.com/stocks/DCOR/) | $2.1M | 25,942 | 1.2% | 2 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $2.1M | 45,481 | 1.2% | 15 |
| U HAUL HOLDING COMPANY | [UHALB](https://holderbook.com/stocks/UHALB/) | $2.0M | 35,449 | 1.1% | 6 |
| DICKS SPORTING GOODS INC | [DKS](https://holderbook.com/stocks/DKS/) | $1.8M | 8,024 | 1.0% | 15 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $1.7M | 30,282 | 1.0% | 15 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.7M | 4,504 | 0.9% | 15 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.7M | 2,221 | 0.9% | 15 |
| VANGUARD MUN BD FDS | [VCRM](https://holderbook.com/stocks/VCRM/) | $1.5M | 20,215 | 0.8% | 3 |
| LEAR CORP | [LEA](https://holderbook.com/stocks/LEA/) | $1.4M | 10,111 | 0.7% | 15 |
| MOHAWK INDS INC | [MHK](https://holderbook.com/stocks/MHK/) | $1.3M | 11,042 | 0.7% | 15 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $1.3M | 1,786 | 0.7% | 15 |
| MOLINA HEALTHCARE INC | [MOH](https://holderbook.com/stocks/MOH/) | $1.3M | 5,512 | 0.7% | 2 |
| CARMAX INC | [KMX](https://holderbook.com/stocks/KMX/) | $1.2M | 23,090 | 0.7% | 15 |
| SCHWAB STRATEGIC TR | [FNDA](https://holderbook.com/stocks/FNDA/) | $1.2M | 31,796 | 0.7% | 15 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.2M | 1,119 | 0.7% | 15 |
| NICE LTD | [NICE](https://holderbook.com/stocks/NICE/) | $1.1M | 12,290 | 0.6% | 5 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $1.1M | 29,347 | 0.6% | 15 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $1.0M | 537 | 0.6% | 15 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $1.0M | 14,162 | 0.6% | 15 |
| CF INDUSTRIES HOLD | [CF](https://holderbook.com/stocks/CF/) | $1.0M | 9,558 | 0.6% | 10 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.0M | 4,067 | 0.6% | 15 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.0M | 2,729 | 0.6% | 11 |
| APA CORPORATION | [APA](https://holderbook.com/stocks/APA/) | $971.0K | 29,812 | 0.5% | 9 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $956.8K | 3,947 | 0.5% | 15 |
| LULULEMON ATHLETICA INC | [LULU](https://holderbook.com/stocks/LULU/) | $944.3K | 8,270 | 0.5% | 3 |
| DROPBOX INC | [DBX](https://holderbook.com/stocks/DBX/) | $943.7K | 34,353 | 0.5% | 9 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $907.1K | 2,284 | 0.5% | 15 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $870.9K | 20,449 | 0.5% | 15 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $821.0K | 1,099 | 0.5% | 15 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $811.5K | 9,582 | 0.4% | 15 |
| LENNAR CORP | [LEN](https://holderbook.com/stocks/LEN/) | $807.4K | 8,922 | 0.4% | 15 |
| GREEN BRICK PARTNERS INC | [GRBK](https://holderbook.com/stocks/GRBK/) | $783.4K | 9,787 | 0.4% | 15 |
| AMERICAN INTL GROUP INC | [AIG](https://holderbook.com/stocks/AIG/) | $781.6K | 10,486 | 0.4% | 15 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $763.8K | 1,356 | 0.4% | 15 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $747.9K | 1,089 | 0.4% | 15 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $745.8K | 8,905 | 0.4% | 15 |
| ATKORE INC | [ATKR](https://holderbook.com/stocks/ATKR/) | $722.5K | 9,501 | 0.4% | 15 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $713.6K | 969 | 0.4% | 15 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $663.1K | 2,026 | 0.4% | 15 |
| CAVCO INDS INC DEL | [CVCO](https://holderbook.com/stocks/CVCO/) | $640.8K | 1,043 | 0.4% | 15 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $634.8K | 2,613 | 0.3% | 15 |
| BROOKFIELD INFRASTRUCTURE PA | [BIP](https://holderbook.com/stocks/BIP/) | $617.9K | 16,934 | 0.3% | 15 |
| WARRIOR MET COAL INC | [HCC](https://holderbook.com/stocks/HCC/) | $608.1K | 7,493 | 0.3% | 15 |
| PERDOCEO ED CORP | [PRDO](https://holderbook.com/stocks/PRDO/) | $557.0K | 17,405 | 0.3% | 15 |
| PARKE BANCORP INC | [PKBK](https://holderbook.com/stocks/PKBK/) | $538.2K | 16,230 | 0.3% | 15 |
| OLD SECOND BANCORP INC DEL | [OSBC](https://holderbook.com/stocks/OSBC/) | $535.3K | 22,955 | 0.3% | 15 |
| V2X INC | [VVX](https://holderbook.com/stocks/VVX/) | $533.6K | 7,157 | 0.3% | 15 |
| PORTILLOS INC | [PTLO](https://holderbook.com/stocks/PTLO/) | $513.2K | 108,271 | 0.3% | 15 |
| WILLIS LEASE FIN CORP | [WLFC](https://holderbook.com/stocks/WLFC/) | $486.7K | 2,127 | 0.3% | 2 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $480.3K | 3,156 | 0.3% | 15 |
| BARRETT BUSINESS SVCS INC | [BBSI](https://holderbook.com/stocks/BBSI/) | $477.9K | 13,454 | 0.3% | 15 |
| XPEL INC | [XPEL](https://holderbook.com/stocks/XPEL/) | $455.0K | 9,173 | 0.2% | 4 |
| YELP INC | [YELP](https://holderbook.com/stocks/YELP/) | $418.7K | 17,075 | 0.2% | 3 |
| CLIMB GLOBAL SOLUTIONS INC | [CLMB](https://holderbook.com/stocks/CLMB/) | $414.4K | 17,855 | 0.2% | 15 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $409.9K | 4,795 | 0.2% | 15 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $403.5K | 2,434 | 0.2% | 15 |
| SANDRIDGE ENERGY INC | [SD](https://holderbook.com/stocks/SD/) | $383.6K | 27,998 | 0.2% | 13 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $336.5K | 2,461 | 0.2% | 15 |
| ACI WORLDWIDE INC | [ACIW](https://holderbook.com/stocks/ACIW/) | $330.4K | 6,569 | 0.2% | 15 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $327.9K | 905 | 0.2% | 15 |
| SCHWAB STRATEGIC TR | [FNDC](https://holderbook.com/stocks/FNDC/) | $315.4K | 6,496 | 0.2% | 15 |
| KORU MEDICAL SYSTEMS INC | [KRMD](https://holderbook.com/stocks/KRMD/) | $310.6K | 73,945 | 0.2% | 15 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $308.8K | 872 | 0.2% | 15 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $291.6K | 562 | 0.2% | 1 |
| DOUGLAS DYNAMICS INC | [PLOW](https://holderbook.com/stocks/PLOW/) | $290.6K | 5,387 | 0.2% | 2 |
| BAYTEX ENERGY CORP | [BTE](https://holderbook.com/stocks/BTE/) | $289.3K | 72,331 | 0.2% | 13 |
| VAALCO ENERGY INC | [EGY](https://holderbook.com/stocks/EGY/) | $281.5K | 55,423 | 0.2% | 15 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $276.7K | 8,655 | 0.2% | 15 |
| PANGAEA LOGISTICS SOLUTION L | [PANL](https://holderbook.com/stocks/PANL/) | $274.8K | 42,279 | 0.2% | 15 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $274.1K | 1,089 | 0.2% | 4 |
| ENNIS INC | [EBF](https://holderbook.com/stocks/EBF/) | $248.6K | 11,701 | 0.1% | 3 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $246.4K | 718 | 0.1% | 7 |
| VANGUARD MUN BD FDS | [VTEI](https://holderbook.com/stocks/VTEI/) | $241.4K | 2,391 | 0.1% | 9 |
| GLOBAL X FDS | [PAVE](https://holderbook.com/stocks/PAVE/) | $237.3K | 4,027 | 0.1% | 2 |
| MILLER INDS INC TENN | [MLR](https://holderbook.com/stocks/MLR/) | $234.6K | 4,586 | 0.1% | 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 | +7.4% | +14.8% | -7.4% | 100% |
| Q1 2026 | +1.4% | -4.6% | +6.0% | 100% |
| Q4 2025 | -0.7% | +2.4% | -3.0% | 100% |
| Q3 2025 | +6.3% | +7.8% | -1.5% | 100% |
| Q2 2025 | +2.6% | +10.5% | -7.9% | 100% |
| Q1 2025 | -0.8% | -4.6% | +3.8% | 100% |
| Q4 2024 | -0.7% | +2.1% | -2.9% | 100% |
| Q3 2024 | +6.3% | +5.4% | +0.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $182.3M | 107 |
| Q1 2026 | $156.4M | 107 |
| Q4 2025 | $170.2M | 105 |
| Q3 2025 | $165.4M | 104 |
| Q2 2025 | $149.7M | 101 |
| Q1 2025 | $148.2M | 101 |
| Q4 2024 | $145.2M | 120 |
| Q3 2024 | $146.4M | 119 |
| Q2 2024 | $143.4M | 116 |
| Q1 2024 | $147.1M | 115 |
| Q4 2023 | $128.7M | 109 |
| Q3 2023 | $122.6M | 111 |