Conifer Management, L.L.C.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Conifer Management, L.L.C. reported 5 stock positions worth $631.1 million. Its top holding was Group 1 Automotive (GPI) at 39.4% of the portfolio, followed by Equitable (EQH, 33.8%) and Lithia Motors (LAD, 20.0%). Compared with Q2 2025, it sold out of 1, added to 1 and reduced 2. The biggest buy was Smith Douglas Homes (SDHC, shares +70%) and the biggest sale an exit from Nebius (NBIS).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001773994
- Portfolio Value
- $631.1M (Q3 2025)
- SEC Filing
- 0000919574-25-006771 ↗ filed Nov 14, 2025
Holdings Value
Holdings 5 stocks · $631.1M
| GPI Group 1 Automotive Inc. | 39.41% | 568,424 | $248.7M | No change |
| EQH Equitable Holdings Inc. | 33.80% | 4,200,000 | $213.3M | Reduce -16.0% |
| LAD Lithia Motors Inc. | 20.03% | 400,000 | $126.4M | Reduce -20.0% |
| RMNI Rimini Street Inc. | 4.39% | 5,913,199 | $27.7M | No change |
| SDHC Smith Douglas Homes Corp. | 2.38% | 851,556 | $15.0M | Add +70.3% |
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 2025
| SDHC Smith Douglas Homes Corp. | Add +70.3% | 2.38% | +1.12 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 6 | $606.7M | GPI, EQH, AIIR, MNDY, RMNI |
| Q1 2026 | 6 | $523.8M | GPI, EQH, LAD, MNDY, RMNI |
| Q4 2025 | 5 | $603.6M | GPI, EQH, LAD, SDHC, RMNI |
| Q3 2025 | 5 | $631.1M | GPI, EQH, LAD, RMNI, SDHC |
| Q2 2025 | 6 | $768.4M | EQH, GPI, LAD, NBIS, RMNI |
| Q1 2025 | 5 | $659.7M | EQH, GPI, LAD, RMNI, NBIS |
| Q4 2024 | 6 | $775.8M | GPI, EQH, LAD, NBIS, STLA |
| Q3 2024 | 6 | $873.6M | EQH, LAD, GPI, STLA, NBIS |
| Q2 2024 | 6 | $815.6M | EQH, LAD, GPI, STLA, NBIS |
| Q1 2024 | 6 | $905.5M | EQH, LAD, STLA, GPI, NBIS |