Lakewood Asset Management LLC

Name: Lakewood Asset Management LLC 13F holdings, Q2 2024
Creator: Lakewood Asset Management LLC
Published: 2024-07-18

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q1 2024

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 18, 2024), Lakewood Asset Management LLC reported 116 stock positions worth $143.4 million. Its top holding was SS SPDR BB 1-3M T-Bill ETF (BIL) at 7.4% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 6.3%) and Schwab Fndmntl US LRG Co. ETF (FNDX, 5.6%). Compared with Q1 2024, it opened 6 new positions, sold out of 5, added to 54 and reduced 38. The biggest buy was Schwab Fndmntl US LRG Co. ETF (FNDX, shares +18%) and the biggest sale an exit from CVS Health (CVS).

Most Recent 13F: Q2 2026
Location: NAPERVILLE, IL
CIK: 0001966581
Portfolio Value: $143.4M (Q2 2024)
SEC Filing: 0001754960-24-000299 ↗ filed Jul 18, 2024

Holdings Value

Holdings 116 stocks · $143.4M


BIL SS SPDR BB 1-3M T-Bill ETF	7.44%	116,282	$10.7M	Add +1.8%
BRK.B Berkshire Hathaway Inc. Class B	6.29%	22,180	$9.0M	Reduce -0.5%
FNDX Schwab Fndmntl US LRG Co. ETF	5.65%	120,919	$8.1M	Add +18.1%
MCK McKesson Corp.	3.40%	8,351	$4.9M	Reduce -0.9%
AAPL Apple Inc.	3.31%	22,519	$4.7M	Reduce -0.4%
VT Vanguard Tot World STK ETF	3.03%	38,587	$4.3M	Add +3.7%
WSM Williams-Sonoma Inc.	2.81%	14,265	$4.0M	Reduce -2.3%
COP Conocophillips	2.63%	33,030	$3.8M	Reduce -0.3%
AZO AutoZone Inc.	2.38%	1,154	$3.4M	Add +2.3%
VTI VG Morningstar TS MKT ETF-US	2.37%	12,729	$3.4M	Add +0.6%
MSFT Microsoft Corp.	2.36%	7,590	$3.4M	Reduce -1.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP	2.34%	84,548	$3.4M	Add +0.0%
NVR NVR Inc.	2.31%	436	$3.3M	Reduce -0.2%
EBAY eBay Inc.	1.95%	52,001	$2.8M	Reduce -0.8%
FANG Diamondback Energy Inc.	1.71%	12,287	$2.5M	Reduce -0.8%
HPE Hewlett Packard Enterprise	1.69%	114,247	$2.4M	Reduce -0.7%
RTX RTX Corp.	1.58%	22,523	$2.3M	Reduce -0.5%
BKNG Booking Holdings Inc.	1.55%	563	$2.2M	No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD	1.36%	41,228	$1.9M	Reduce -0.2%
MTB M & T Bank Corp. filed as M & T BK CORP	1.33%	12,598	$1.9M	Add +1.4%
FNDA Schwab Fndmntl US SM Co. ETF	1.31%	34,138	$1.9M	Add +13.8%
DKS Dick's Sporting Goods Inc.	1.25%	8,322	$1.8M	Reduce -2.0%
KMX Carmax Inc.	1.22%	23,941	$1.8M	Add +1.1%
RF Regions Financial Corp.	1.12%	79,908	$1.6M	Reduce -0.4%
CARR Carrier Global Corp.	1.10%	24,908	$1.6M	Reduce -0.3%
FNDF Schwab Fndmn Intl LRG Co. ETF	1.04%	42,590	$1.5M	Add +4.7%
IVV iShares Core S&P 500 ETF	1.02%	2,673	$1.5M	Reduce -0.6%
EPD Enterprise Products Partners	1.01%	50,153	$1.5M	Reduce -2.0%
LEN Lennar Corp. Class A	0.98%	9,385	$1.4M	Add +0.8%
MHK Mohawk Industries Inc.	0.97%	12,229	$1.4M	Add +0.3%
VTIP Vanguard Short-Term Tips	0.94%	27,926	$1.4M	Add +9.6%
LEA Lear Corp.	0.84%	10,553	$1.2M	Add +0.5%
BMY Bristol-Myers Squibb Co.	0.84%	28,958	$1.2M	Reduce -0.5%
ATKR Atkore Inc.	0.83%	8,834	$1.2M	Add +31.6%
ULTA Ulta Beauty Inc.	0.82%	3,047	$1.2M	New
CAT Caterpillar Inc.	0.77%	3,331	$1.1M	Reduce -4.2%
PTLO Portillo's Inc. Class A	0.76%	111,413	$1.1M	Reduce -0.6%
AIG American International Group	0.72%	13,979	$1.0M	Add +0.1%
VTEB Vanguard Tax-Exempt Bond ETF	0.65%	18,477	$926K	Add +10.1%
UPS United Parcel Service Class B	0.62%	6,455	$883K	Reduce -1.8%
XOM Exxon Mobil Corp.	0.61%	7,597	$875K	Add +0.1%
JNJ Johnson & Johnson	0.61%	5,978	$874K	Reduce -11.8%
APA Apa Corp.	0.61%	29,491	$868K	New
VXUS Vanguard Total Intl Stock	0.59%	14,000	$844K	Add +0.8%
MKL Markel Group Inc.	0.58%	528	$832K	Add +1.0%
CTVA Corteva Inc.	0.58%	15,414	$831K	Add +0.1%
WIRE Encore Wire Corp.	0.58%	2,847	$825K	No change
BN Brookfield Corp.	0.57%	19,683	$818K	No change
VOO Vanguard S&P 500 ETF	0.57%	1,622	$811K	Reduce -4.1%
IWD iShares Russell 1000 Value E	0.56%	4,639	$809K	Reduce -1.3%
DBX Dropbox Inc. Class A	0.56%	35,453	$797K	New
ACN Accenture PLC Class A	0.55%	2,609	$791K	Reduce -3.7%
WHR Whirlpool Corp.	0.55%	7,694	$786K	Reduce -0.3%
AMGN Amgen Inc.	0.54%	2,473	$773K	Add +0.1%
ADI Analog Devices Inc.	0.54%	3,363	$768K	Add +0.1%
BIP Brookfield Infrastructure Pa	0.53%	27,589	$757K	Reduce -2.7%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC	0.51%	9,862	$731K	Reduce -0.7%
VUSB Vanguard Ultra Short Bond Et	0.50%	14,341	$710K	Add +3.1%
META Meta Platforms Inc. Class A	0.48%	1,356	$684K	No change
CMI Cummins Inc.	0.47%	2,456	$680K	Add +0.1%
LLY Eli Lilly & Co.	0.46%	729	$660K	No change
JPM JPMorgan Chase & Co.	0.45%	3,172	$642K	Add +0.0%
CLMB Climb Global Solutions Inc.	0.41%	9,254	$581K	Add +1.3%
SPY SS SPDR S&P 500 ETF Trust-US	0.39%	1,032	$562K	Add +1.0%
VEU Vanguard Ftse All-World Ex-U	0.38%	9,223	$541K	Reduce -1.8%
AVGO Broadcom Inc.	0.36%	318	$511K	Reduce -4.8%
CVX Chevron Corp.	0.35%	3,219	$504K	Add +0.3%
ECL Ecolab Inc.	0.35%	2,083	$496K	No change
FITB Fifth Third Bancorp	0.34%	13,499	$493K	No change
GD General Dynamics Corp.	0.31%	1,554	$451K	Add +0.1%
GRBK Green Brick Partners Inc.	0.30%	7,526	$431K	Add +2.2%
SDY SS SPDR S&P Dividend ETF	0.28%	3,156	$401K	No change
HCC Warrior Met Coal Inc.	0.27%	6,213	$390K	Add +2.4%
VPLS Vanguard Core-Plus Bond ETF	0.27%	5,038	$383K	New
VTES Vanguard SH Term Tax-Ex Bond	0.27%	3,812	$381K	Add +58.2%
ACIW Aci Worldwide Inc.	0.25%	9,096	$360K	No change
ORCL Oracle Corp.	0.25%	2,549	$360K	Add +0.1%
GOOG Alphabet Inc. Class C	0.25%	1,930	$354K	Reduce -13.4%
ZBH Zimmer Biomet Holdings Inc.	0.24%	3,216	$349K	No change
QQQ Invesco QQQ Trust Series 1	0.24%	710	$340K	No change
PM Philip Morris International	0.23%	3,250	$329K	Reduce -42.2%
BBSI Barrett Business SVCS Inc.	0.22%	9,764	$320K	Add +2.6%
NVDA Nvidia Corp.	0.22%	2,521	$311K	Reduce -3.4%
INTC Intel Corp.	0.21%	9,901	$307K	Reduce -78.6%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.21%	1,658	$303K	Add +2.1%
PRDO Perdoceo Education Corp.	0.21%	14,081	$302K	Add +2.4%
FCX Freeport-McMoran Inc.	0.21%	6,171	$300K	Reduce -1.5%
BSV Vanguard Short-Term Bond ETF	0.21%	3,838	$294K	Add +19.4%
IT Gartner Inc.	0.20%	651	$292K	No change
CVCO Cavco Industries Inc.	0.20%	831	$288K	Add +3.0%
UNH Unitedhealth Group Inc.	0.20%	562	$286K	Add +0.4%
FNDC Schwab Fndmnt Intl SM Eq ETF	0.20%	8,202	$285K	No change
EGY Vaalco Energy Inc.	0.19%	44,110	$277K	Add +2.5%
VVX V2X Inc.	0.19%	5,723	$274K	Add +2.3%
WGO Winnebago Industries	0.19%	5,023	$272K	Add +2.2%
OSBC Old Second Bancorp Inc.	0.19%	18,339	$272K	Add +2.4%
ABBV Abbvie Inc.	0.19%	1,568	$269K	Add +0.6%
PEP Pepsico Inc.	0.18%	1,597	$263K	No change
PANL Pangaea Logistics Solutions	0.18%	33,507	$262K	Add +2.5%
KMI Kinder Morgan Inc.	0.18%	13,055	$259K	Add +0.8%
LIN Linde PLC	0.17%	562	$247K	No change
PNSTQ Pinstripes Holdings Inc.	0.17%	89,504	$246K	Reduce -2.7%
VTEI Vanguard Int Tax-Exempt Bond	0.17%	2,428	$241K	New
UHAL U-Haul Holding Co.	0.16%	3,800	$235K	Reduce -0.9%
ABT Abbott Laboratories	0.16%	2,225	$231K	Reduce -4.6%
XYL Xylem Inc.	0.16%	1,700	$231K	No change
AMZN Amazon.com Inc.	0.15%	1,150	$222K	No change
PKBK Parke Bancorp Inc.	0.15%	12,133	$211K	Add +2.4%
PG The Procter & Gamble Co.	0.14%	1,254	$207K	Add +0.2%
CMA Comerica Inc.	0.14%	4,000	$204K	No change
BTE Baytex Energy Corp.	0.13%	54,513	$189K	Add +2.4%
SD Sandridge Energy Inc.	0.13%	14,000	$181K	Add +2.5%
KRMD Koru Medical Systems Inc.	0.13%	68,225	$181K	Add +13.8%
CRWS Crown Crafts Inc.	0.09%	25,075	$131K	Add +2.6%
SOLO BRANDS INC	0.09%	57,198	$130K	New
AOUT American Outdoor Brands Inc.	0.07%	10,654	$96K	Add +2.4%

Portfolio Sells Q1 2024 → Q2 2024


CVS CVS Health Corp.	Sold out	0.00%	−1.40
CSCO Cisco Systems Inc.	Sold out	0.00%	−1.29
INTC Intel Corp.	Reduce -78.6%	0.21%	−1.17
GILD Gilead Sciences Inc.	Sold out	0.00%	−0.41
WSM Williams-Sonoma Inc.	Reduce -2.3%	2.81%	−0.34
PTLO Portillo's Inc. Class A	Reduce -0.6%	0.76%	−0.33
AMCX AMC Global Media Inc.	Sold out	0.00%	−0.26
BMY Bristol-Myers Squibb Co.	Reduce -0.5%	0.84%	−0.23
COP Conocophillips	Reduce -0.3%	2.63%	−0.23
SLB SLB Ltd.	Reduce -0.2%	1.36%	−0.18
FONR Fonar Corp.	Sold out	0.00%	−0.14
PM Philip Morris International	Reduce -42.2%	0.23%	−0.12
JNJ Johnson & Johnson	Reduce -11.8%	0.61%	−0.12
NVR NVR Inc.	Reduce -0.2%	2.31%	−0.10
CAT Caterpillar Inc.	Reduce -4.2%	0.77%	−0.09
ACN Accenture PLC Class A	Reduce -3.7%	0.55%	−0.09
BRK.B Berkshire Hathaway Inc. Class B	Reduce -0.5%	6.29%	−0.08
WHR Whirlpool Corp.	Reduce -0.3%	0.55%	−0.08
BIP Brookfield Infrastructure Pa	Reduce -2.7%	0.53%	−0.07
CF CF Industries Holdings Inc.	Reduce -0.7%	0.51%	−0.05
DKS Dick's Sporting Goods Inc.	Reduce -2.0%	1.25%	−0.05
UPS United Parcel Service Class B	Reduce -1.8%	0.62%	−0.05
PNSTQ Pinstripes Holdings Inc.	Reduce -2.7%	0.17%	−0.03
RF Regions Financial Corp.	Reduce -0.4%	1.12%	−0.03
ABT Abbott Laboratories	Reduce -4.6%	0.16%	−0.02
UHAL U-Haul Holding Co.	Reduce -0.9%	0.16%	−0.01
IWD iShares Russell 1000 Value E	Reduce -1.3%	0.56%	−0.01
EPD Enterprise Products Partners	Reduce -2.0%	1.01%	−0.00
VEU Vanguard Ftse All-World Ex-U	Reduce -1.8%	0.38%	+0.00
FCX Freeport-McMoran Inc.	Reduce -1.5%	0.21%	+0.01
VOO Vanguard S&P 500 ETF	Reduce -4.1%	0.57%	+0.01
GOOG Alphabet Inc. Class C	Reduce -13.4%	0.25%	+0.02
FANG Diamondback Energy Inc.	Reduce -0.8%	1.71%	+0.05
AVGO Broadcom Inc.	Reduce -4.8%	0.36%	+0.06
NVDA Nvidia Corp.	Reduce -3.4%	0.22%	+0.06
IVV iShares Core S&P 500 ETF	Reduce -0.6%	1.02%	+0.06
EBAY eBay Inc.	Reduce -0.8%	1.95%	+0.07
RTX RTX Corp.	Reduce -0.5%	1.58%	+0.08
CARR Carrier Global Corp.	Reduce -0.3%	1.10%	+0.11
MSFT Microsoft Corp.	Reduce -1.1%	2.36%	+0.17
HPE Hewlett Packard Enterprise	Reduce -0.7%	1.69%	+0.30
MCK McKesson Corp.	Reduce -0.9%	3.40%	+0.33
AAPL Apple Inc.	Reduce -0.4%	3.31%	+0.67

Portfolio Buys Q1 2024 → Q2 2024


FNDX Schwab Fndmntl US LRG Co. ETF	Add +18.1%	5.65%	+0.95
ULTA Ulta Beauty Inc.	New	0.82%	+0.82
APA Apa Corp.	New	0.61%	+0.61
DBX Dropbox Inc. Class A	New	0.56%	+0.56
BIL SS SPDR BB 1-3M T-Bill ETF	Add +1.8%	7.44%	+0.31
VPLS Vanguard Core-Plus Bond ETF	New	0.27%	+0.27
VT Vanguard Tot World STK ETF	Add +3.7%	3.03%	+0.23
VTEI Vanguard Int Tax-Exempt Bond	New	0.17%	+0.17
BAC Bank of America Corp.	Add +0.0%	2.34%	+0.17
FNDA Schwab Fndmntl US SM Co. ETF	Add +13.8%	1.31%	+0.14
VTI VG Morningstar TS MKT ETF-US	Add +0.6%	2.37%	+0.14
VTIP Vanguard Short-Term Tips	Add +9.6%	0.94%	+0.12
VTES Vanguard SH Term Tax-Ex Bond	Add +58.2%	0.27%	+0.10
MTB M & T Bank Corp.	Add +1.4%	1.33%	+0.10
SOLO BRANDS INC	New	0.09%	+0.09
ADI Analog Devices Inc.	Add +0.1%	0.54%	+0.08
VTEB Vanguard Tax-Exempt Bond ETF	Add +10.1%	0.65%	+0.07
AMGN Amgen Inc.	Add +0.1%	0.54%	+0.06
FNDF Schwab Fndmn Intl LRG Co. ETF	Add +4.7%	1.04%	+0.06
PRDO Perdoceo Education Corp.	Add +2.4%	0.21%	+0.05
MKL Markel Group Inc.	Add +1.0%	0.58%	+0.04
BSV Vanguard Short-Term Bond ETF	Add +19.4%	0.21%	+0.04
ORCL Oracle Corp.	Add +0.1%	0.25%	+0.03
KRMD Koru Medical Systems Inc.	Add +13.8%	0.13%	+0.03
SPY SS SPDR S&P 500 ETF Trust-US	Add +1.0%	0.39%	+0.03
PANL Pangaea Logistics Solutions	Add +2.5%	0.18%	+0.03
VUSB Vanguard Ultra Short Bond Et	Add +3.1%	0.50%	+0.03
HCC Warrior Met Coal Inc.	Add +2.4%	0.27%	+0.02
OSBC Old Second Bancorp Inc.	Add +2.4%	0.19%	+0.02
KMI Kinder Morgan Inc.	Add +0.8%	0.18%	+0.02
VXUS Vanguard Total Intl Stock	Add +0.8%	0.59%	+0.02
BBSI Barrett Business SVCS Inc.	Add +2.6%	0.22%	+0.02
GD General Dynamics Corp.	Add +0.1%	0.31%	+0.02
JPM JPMorgan Chase & Co.	Add +0.0%	0.45%	+0.02
VVX V2X Inc.	Add +2.3%	0.19%	+0.01
UNH Unitedhealth Group Inc.	Add +0.4%	0.20%	+0.01
XOM Exxon Mobil Corp.	Add +0.1%	0.61%	+0.01
PKBK Parke Bancorp Inc.	Add +2.4%	0.15%	+0.01
CVX Chevron Corp.	Add +0.3%	0.35%	+0.01
CRWS Crown Crafts Inc.	Add +2.6%	0.09%	+0.01
PG The Procter & Gamble Co.	Add +0.2%	0.14%	+0.01
AOUT American Outdoor Brands Inc.	Add +2.4%	0.07%	+0.00
BTE Baytex Energy Corp.	Add +2.4%	0.13%	+0.00
VBR Vngrd Mrngst SL-CP Val ETF-U	Add +2.1%	0.21%	−0.00
GRBK Green Brick Partners Inc.	Add +2.2%	0.30%	−0.00
ABBV Abbvie Inc.	Add +0.6%	0.19%	−0.01
SD Sandridge Energy Inc.	Add +2.5%	0.13%	−0.01
EGY Vaalco Energy Inc.	Add +2.5%	0.19%	−0.01
CMI Cummins Inc.	Add +0.1%	0.47%	−0.02
CVCO Cavco Industries Inc.	Add +3.0%	0.20%	−0.02

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	107	$182.3M	FNDX, VPLS, VT, BRK.B, VBIL
Q1 2026	107	$156.4M	FNDX, BRK.B, VBIL, VT, VPLS
Q4 2025	105	$170.2M	BRK.B, FNDX, VBIL, VT, VPLS
Q3 2025	104	$165.4M	BRK.B, FNDX, BIL, VT, AZO
Q2 2025	101	$149.7M	BRK.B, FNDX, BIL, VT, AZO
Q1 2025	101	$148.2M	BRK.B, BIL, FNDX, MCK, AZO
Q4 2024	120	$145.2M	BRK.B, BIL, FNDX, VT, AAPL
Q3 2024	119	$146.4M	BIL, BRK.B, FNDX, VT, AAPL
Q2 2024	116	$143.4M	BIL, BRK.B, FNDX, MCK, AAPL
Q1 2024	115	$147.1M	BIL, BRK.B, FNDX, WSM, MCK