Conifer Management, L.L.C.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Conifer Management, L.L.C. reported 5 stock positions worth $659.7 million. Its top holding was Equitable (EQH) at 39.5% of the portfolio, followed by Group 1 Automotive (GPI, 32.9%) and Lithia Motors (LAD, 22.2%). Compared with Q4 2024, it sold out of 1 and reduced 1. The biggest sale was Nebius (NBIS, shares −72%).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001773994
Portfolio Value
$659.7M (Q1 2025)
SEC Filing
0000919574-25-003046 ↗ filed May 15, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $905.5M Q1 2024 Q2 2024: $815.6M Q2 2024 Q3 2024: $873.6M Q3 2024 Q4 2024: $775.8M Q4 2024 Q1 2025: $659.7M $659.7M Q1 2025 Q2 2025: $768.4M Q2 2025 Q3 2025: $631.1M Q3 2025 Q4 2025: $603.6M Q4 2025 Q1 2026: $523.8M Q1 2026 Q2 2026: $606.7M Q2 2026

Holdings 5 stocks · $659.7M
EQH Equitable Holdings Inc. 39.48% 5,000,000 $260.4M No change
GPI Group 1 Automotive Inc. 32.91% 568,424 $217.1M No change
LAD Lithia Motors Inc. 22.25% 500,000 $146.8M No change
RMNI Rimini Street Inc. 3.12% 5,913,199 $20.6M No change
NBIS Nebius Group NV 2.24% 700,000 $14.8M Reduce -72.0%

Portfolio Sells Q4 2024 → Q1 2025
NBIS Nebius Group NV Reduce -72.0% 2.24% −6.69
STLA Stellantis NV Sold out 0.00% −4.72

Portfolio Buys Q4 2024 → Q1 2025
None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 6$606.7MGPI, EQH, AIIR, MNDY, RMNI
Q1 2026 6$523.8MGPI, EQH, LAD, MNDY, RMNI
Q4 2025 5$603.6MGPI, EQH, LAD, SDHC, RMNI
Q3 2025 5$631.1MGPI, EQH, LAD, RMNI, SDHC
Q2 2025 6$768.4MEQH, GPI, LAD, NBIS, RMNI
Q1 2025 5$659.7MEQH, GPI, LAD, RMNI, NBIS
Q4 2024 6$775.8MGPI, EQH, LAD, NBIS, STLA
Q3 2024 6$873.6MEQH, LAD, GPI, STLA, NBIS
Q2 2024 6$815.6MEQH, LAD, GPI, STLA, NBIS
Q1 2024 6$905.5MEQH, LAD, STLA, GPI, NBIS