Conifer Management, L.L.C.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Conifer Management, L.L.C. reported 5 stock positions worth $603.6 million. Its top holding was Group 1 Automotive (GPI) at 37.0% of the portfolio, followed by Equitable (EQH, 33.2%) and Lithia Motors (LAD, 22.0%). Compared with Q3 2025, it added to 1. The biggest buy was Smith Douglas Homes (SDHC, shares +68%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001773994
- Portfolio Value
- $603.6M (Q4 2025)
- SEC Filing
- 0000919574-26-000772 ↗ filed Feb 13, 2026
Holdings Value
Holdings 5 stocks · $603.6M
| GPI Group 1 Automotive Inc. | 37.04% | 568,424 | $223.6M | No change |
| EQH Equitable Holdings Inc. | 33.16% | 4,200,000 | $200.1M | No change |
| LAD Lithia Motors Inc. | 22.02% | 400,000 | $132.9M | No change |
| SDHC Smith Douglas Homes Corp. | 3.98% | 1,433,350 | $24.0M | Add +68.3% |
| RMNI Rimini Street Inc. | 3.80% | 5,913,199 | $22.9M | No change |
Portfolio Sells Q3 2025 → Q4 2025
| None this quarter. | |||
Portfolio Buys Q3 2025 → Q4 2025
| SDHC Smith Douglas Homes Corp. | Add +68.3% | 3.98% | +1.60 |
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 |