# LECAP ASSET MANAGEMENT LTD

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1990849. Source: https://holderbook.com/funds/1990849-lecap-asset-management-ltd/

- Reported value: $233.2M
- Positions: 254
- Weight of the ten largest: 9.9%
- Filed: 2026-07-30

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 |
|---|---|---|---|---|---|
| GODADDY INC | [GDDY](https://holderbook.com/stocks/GDDY/) | $2.5M | 29,103 | 1.1% | 6 |
| INGERSOLL RAND INC | [IR](https://holderbook.com/stocks/IR/) | $2.4M | 28,971 | 1.0% | 1 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $2.4M | 42,334 | 1.0% | 3 |
| D R HORTON INC | [DHI](https://holderbook.com/stocks/DHI/) | $2.3M | 14,215 | 1.0% | 7 |
| NUTANIX INC | [NTNX](https://holderbook.com/stocks/NTNX/) | $2.3M | 45,373 | 1.0% | 1 |
| AMERICAN INTL GROUP INC | [AIG](https://holderbook.com/stocks/AIG/) | $2.3M | 30,721 | 1.0% | 2 |
| F5 INC | [FFIV](https://holderbook.com/stocks/FFIV/) | $2.3M | 5,497 | 1.0% | 1 |
| IQVIA HLDGS INC | [IQV](https://holderbook.com/stocks/IQV/) | $2.2M | 11,449 | 0.9% | 1 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $2.2M | 89,686 | 0.9% | 2 |
| EQUITABLE HLDGS INC | [EQH](https://holderbook.com/stocks/EQH/) | $2.2M | 49,629 | 0.9% | 8 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $2.2M | 25,966 | 0.9% | 2 |
| BLOCK INC | [XYZ](https://holderbook.com/stocks/XYZ/) | $2.2M | 28,532 | 0.9% | 1 |
| JABIL INC | [JBL](https://holderbook.com/stocks/JBL/) | $2.1M | 5,575 | 0.9% | 1 |
| LAUDER ESTEE COS INC | [EL](https://holderbook.com/stocks/EL/) | $2.1M | 27,115 | 0.9% | 3 |
| HENRY JACK & ASSOC INC | [JKHY](https://holderbook.com/stocks/JKHY/) | $2.1M | 15,421 | 0.9% | 1 |
| GENERAC HLDGS INC | [GNRC](https://holderbook.com/stocks/GNRC/) | $2.1M | 7,241 | 0.9% | 1 |
| DECKERS OUTDOOR CORP | [DECK](https://holderbook.com/stocks/DECK/) | $2.1M | 21,258 | 0.9% | 9 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $2.1M | 13,241 | 0.9% | 1 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $2.1M | 11,723 | 0.9% | 2 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $2.0M | 7,852 | 0.9% | 1 |
| HARTFORD INSURANCE GROUP INC | [HIG](https://holderbook.com/stocks/HIG/) | $2.0M | 15,281 | 0.9% | 1 |
| TRADEWEB MKTS INC | [TW](https://holderbook.com/stocks/TW/) | $2.0M | 19,858 | 0.8% | 4 |
| INVITATION HOMES INC | [INVH](https://holderbook.com/stocks/INVH/) | $2.0M | 65,396 | 0.8% | 6 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $1.9M | 44,117 | 0.8% | 1 |
| BLUE OWL CAPITAL INC | [OWL](https://holderbook.com/stocks/OWL/) | $1.8M | 211,189 | 0.8% | 1 |
| SS&C TECH HLDGS | [SSNC](https://holderbook.com/stocks/SSNC/) | $1.8M | 29,726 | 0.8% | 2 |
| AECOM | [ACM](https://holderbook.com/stocks/ACM/) | $1.8M | 25,741 | 0.8% | 3 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $1.8M | 10,957 | 0.8% | 1 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $1.8M | 10,443 | 0.8% | 2 |
| GAP INC | [GAP](https://holderbook.com/stocks/GAP/) | $1.7M | 92,958 | 0.7% | 1 |
| PENTAIR PLC | [PNR](https://holderbook.com/stocks/PNR/) | $1.7M | 22,212 | 0.7% | 2 |
| ARROW ELECTRS INC | [ARW](https://holderbook.com/stocks/ARW/) | $1.7M | 7,906 | 0.7% | 1 |
| REGENCY CTRS CORP | [REG](https://holderbook.com/stocks/REG/) | $1.7M | 20,809 | 0.7% | 2 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.6M | 3,212 | 0.7% | 2 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $1.6M | 3,620 | 0.7% | 2 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $1.6M | 3,217 | 0.7% | 2 |
| LATTICE SEMICONDUCTOR CORP | [LSCC](https://holderbook.com/stocks/LSCC/) | $1.6M | 10,461 | 0.7% | 1 |
| COUPANG INC | [CPNG](https://holderbook.com/stocks/CPNG/) | $1.6M | 90,249 | 0.7% | 1 |
| GITLAB INC | [GTLB](https://holderbook.com/stocks/GTLB/) | $1.6M | 51,187 | 0.7% | 4 |
| VOYA FINANCIAL INC | [VOYA](https://holderbook.com/stocks/VOYA/) | $1.5M | 16,921 | 0.7% | 1 |
| AMKOR TECHNOLOGY INC | [AMKR](https://holderbook.com/stocks/AMKR/) | $1.5M | 17,706 | 0.7% | 1 |
| INTERACTIVE BROKERS GROUP IN | [IBKR](https://holderbook.com/stocks/IBKR/) | $1.5M | 16,984 | 0.6% | 2 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $1.4M | 7,832 | 0.6% | 1 |
| WHIRLPOOL CORP | [WHR](https://holderbook.com/stocks/WHR/) | $1.4M | 36,305 | 0.6% | 1 |
| ZOOM COMMUNICATIONS INC | [ZM](https://holderbook.com/stocks/ZM/) | $1.4M | 16,499 | 0.6% | 6 |
| OTIS WORLDWIDE CORP | [OTIS](https://holderbook.com/stocks/OTIS/) | $1.4M | 19,603 | 0.6% | 5 |
| SENSATA TECHNOLOGIES HLDG PL | [ST](https://holderbook.com/stocks/ST/) | $1.4M | 29,334 | 0.6% | 6 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $1.4M | 15,190 | 0.6% | 1 |
| UNUM GROUP | [UNM](https://holderbook.com/stocks/UNM/) | $1.4M | 15,574 | 0.6% | 3 |
| UNITY SOFTWARE INC | [U](https://holderbook.com/stocks/U/) | $1.4M | 48,210 | 0.6% | 2 |
| WAYFAIR INC | [W](https://holderbook.com/stocks/W/) | $1.3M | 14,504 | 0.6% | 1 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $1.3M | 8,919 | 0.6% | 1 |
| IDEX CORP | [IEX](https://holderbook.com/stocks/IEX/) | $1.3M | 5,720 | 0.6% | 2 |
| SBA COMMUNICATIONS CORP | [SBAC](https://holderbook.com/stocks/SBAC/) | $1.3M | 7,354 | 0.6% | 2 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $1.3M | 17,433 | 0.5% | 1 |
| QNITY ELECTRONICS INC | [Q](https://holderbook.com/stocks/Q/) | $1.3M | 7,775 | 0.5% | 3 |
| HEALTHCARE RLTY TR | [HR](https://holderbook.com/stocks/HR/) | $1.3M | 62,051 | 0.5% | 2 |
| PULTE GROUP INC | [PHM](https://holderbook.com/stocks/PHM/) | $1.3M | 9,119 | 0.5% | 3 |
| ATLASSIAN CORPORATION | [TEAM](https://holderbook.com/stocks/TEAM/) | $1.2M | 15,929 | 0.5% | 3 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $1.2M | 5,078 | 0.5% | 2 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $1.2M | 43,529 | 0.5% | 5 |
| BORGWARNER INC | [BWA](https://holderbook.com/stocks/BWA/) | $1.2M | 17,961 | 0.5% | 3 |
| AVANTOR INC | [AVTR](https://holderbook.com/stocks/AVTR/) | $1.2M | 119,994 | 0.5% | 1 |
| SMUCKER J M CO | [SJM](https://holderbook.com/stocks/SJM/) | $1.2M | 10,530 | 0.5% | 4 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $1.2M | 8,464 | 0.5% | 2 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $1.2M | 5,872 | 0.5% | 5 |
| PERFORMANCE FOOD GROUP CO | [PFGC](https://holderbook.com/stocks/PFGC/) | $1.2M | 10,532 | 0.5% | 1 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $1.2M | 24,735 | 0.5% | 2 |
| OMNICOM GROUP INC | [OMC](https://holderbook.com/stocks/OMC/) | $1.2M | 15,987 | 0.5% | 3 |
| ON HLDG AG | [ONON](https://holderbook.com/stocks/ONON/) | $1.2M | 32,801 | 0.5% | 1 |
| INVESCO LTD | [IVZ](https://holderbook.com/stocks/IVZ/) | $1.2M | 43,811 | 0.5% | 1 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $1.2M | 25,592 | 0.5% | 1 |
| ON SEMICONDUCTOR CORP | [ON](https://holderbook.com/stocks/ON/) | $1.1M | 12,095 | 0.5% | 3 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $1.1M | 14,453 | 0.5% | 1 |
| MUELLER INDS INC | [MLI](https://holderbook.com/stocks/MLI/) | $1.1M | 9,038 | 0.5% | 2 |
| ETSY INC | [ETSY](https://holderbook.com/stocks/ETSY/) | $1.1M | 14,585 | 0.5% | 2 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $1.1M | 22,042 | 0.5% | 1 |
| REGAL REXNORD CORPORATION | [RRX](https://holderbook.com/stocks/RRX/) | $1.1M | 4,525 | 0.5% | 2 |
| FIDELITY NATL FINL INC | [FNF](https://holderbook.com/stocks/FNF/) | $1.1M | 22,807 | 0.5% | 11 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $1.1M | 14,873 | 0.5% | 1 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $1.1M | 14,700 | 0.5% | 3 |
| CLEAN HARBORS INC | [CLH](https://holderbook.com/stocks/CLH/) | $1.0M | 3,512 | 0.4% | 1 |
| DOXIMITY INC | [DOCS](https://holderbook.com/stocks/DOCS/) | $1.0M | 50,562 | 0.4% | 1 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $1.0M | 4,665 | 0.4% | 1 |
| CITIZENS FINL GROUP INC | [CFG](https://holderbook.com/stocks/CFG/) | $1.0M | 14,675 | 0.4% | 3 |
| AVNET INC | [AVT](https://holderbook.com/stocks/AVT/) | $1.0M | 11,449 | 0.4% | 1 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $1.0M | 520 | 0.4% | 2 |
| MATCH GROUP INC NEW | [MTCH](https://holderbook.com/stocks/MTCH/) | $1.0M | 26,562 | 0.4% | 1 |
| EXLSERVICE HLDGS INC | [EXLS](https://holderbook.com/stocks/EXLS/) | $1.0M | 38,890 | 0.4% | 2 |
| REXFORD INDL RLTY INC | [REXR](https://holderbook.com/stocks/REXR/) | $1.0M | 29,984 | 0.4% | 2 |
| UDR INC | [UDR](https://holderbook.com/stocks/UDR/) | $993.8K | 24,895 | 0.4% | 1 |
| LKQ CORP | [LKQ](https://holderbook.com/stocks/LKQ/) | $977.5K | 37,126 | 0.4% | 1 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $967.6K | 1,970 | 0.4% | 4 |
| DYNATRACE INC | [DT](https://holderbook.com/stocks/DT/) | $959.1K | 21,842 | 0.4% | 4 |
| CENCORA INC | [COR](https://holderbook.com/stocks/COR/) | $957.6K | 3,384 | 0.4% | 1 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $957.4K | 4,493 | 0.4% | 1 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $955.6K | 12,397 | 0.4% | 3 |
| ADT INC DEL | [ADT](https://holderbook.com/stocks/ADT/) | $944.4K | 145,296 | 0.4% | 1 |
| SYNCHRONY FINANCIAL | [SYF](https://holderbook.com/stocks/SYF/) | $944.2K | 12,415 | 0.4% | 1 |
| FIRST INDL RLTY TR INC | [FR](https://holderbook.com/stocks/FR/) | $942.7K | 15,376 | 0.4% | 1 |

## 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 | +14.0% | +14.8% | -0.8% | 100% |
| Q1 2026 | -4.2% | -4.6% | +0.4% | 100% |
| Q4 2025 | +3.5% | +2.4% | +1.2% | 99% |
| Q3 2025 | +2.3% | +7.8% | -5.5% | 100% |
| Q2 2025 | +6.7% | +10.5% | -3.8% | 100% |
| Q1 2025 | -4.7% | -4.6% | -0.1% | 100% |
| Q4 2024 | +1.4% | +2.1% | -0.8% | 100% |
| Q3 2024 | +9.6% | +5.4% | +4.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $233.2M | 254 |
| Q1 2026 | $265.9M | 267 |
| Q4 2025 | $251.1M | 277 |
| Q3 2025 | $287.7M | 266 |
| Q2 2025 | $282.7M | 282 |
| Q1 2025 | $428.2M | 278 |
| Q4 2024 | $368.9M | 279 |
| Q3 2024 | $463.1M | 297 |
| Q2 2024 | $463.0M | 301 |
| Q1 2024 | $480.4M | 281 |
| Q4 2023 | $274.7M | 279 |