Lakewood Asset Management LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 7, 2024), Lakewood Asset Management LLC reported 119 stock positions worth $146.4 million. Its top holding was SS SPDR BB 1-3M T-Bill ETF (BIL) at 7.1% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 6.7%) and Schwab Fndmntl US LRG Co. ETF (FNDX, 6.0%). Compared with Q2 2024, it opened 5 new positions, sold out of 2, added to 46 and reduced 54. The biggest buy was Schwab Fndmntl US LRG Co. ETF (FNDX, shares +2%) and the biggest sale McKesson (MCK, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- NAPERVILLE, IL
- CIK
- 0001966581
- Portfolio Value
- $146.4M (Q3 2024)
- SEC Filing
- 0001754960-24-000473 ↗ filed Oct 7, 2024
Holdings Value
Holdings 119 stocks · $146.4M
| BIL SS SPDR BB 1-3M T-Bill ETF | 7.11% | 113,365 | $10.4M | Reduce -2.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.74% | 21,425 | $9.9M | Reduce -3.4% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 6.03% | 122,999 | $8.8M | Add +1.7% |
| VT Vanguard Tot World STK ETF | 3.28% | 40,161 | $4.8M | Add +4.1% |
| AAPL Apple Inc. | 3.03% | 19,012 | $4.4M | Reduce -15.6% |
| NVR NVR Inc. | 2.61% | 390 | $3.8M | Reduce -10.6% |
| WSM Williams-Sonoma Inc. | 2.49% | 23,518 | $3.6M | Reduce -17.6% |
| VTI VG Morningstar TS MKT ETF-US | 2.48% | 12,819 | $3.6M | Add +0.7% |
| MCK McKesson Corp. | 2.48% | 7,328 | $3.6M | Reduce -12.3% |
| MSFT Microsoft Corp. | 2.23% | 7,579 | $3.3M | Reduce -0.1% |
| AZO AutoZone Inc. | 2.23% | 1,035 | $3.3M | Reduce -10.3% |
| COP Conocophillips | 2.09% | 29,054 | $3.1M | Reduce -12.0% |
| EBAY eBay Inc. | 2.08% | 46,731 | $3.0M | Reduce -10.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.06% | 76,007 | $3.0M | Reduce -10.1% |
| RTX RTX Corp. | 1.75% | 21,101 | $2.6M | Reduce -6.3% |
| FNDA Schwab Fndmntl US SM Co. ETF | 1.48% | 36,303 | $2.2M | Add +6.3% |
| HPE Hewlett Packard Enterprise | 1.46% | 104,533 | $2.1M | Reduce -8.5% |
| BKNG Booking Holdings Inc. | 1.44% | 501 | $2.1M | Reduce -11.0% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 1.41% | 11,628 | $2.1M | Reduce -7.7% |
| CARR Carrier Global Corp. | 1.33% | 24,220 | $1.9M | Reduce -2.8% |
| FANG Diamondback Energy Inc. | 1.33% | 11,280 | $1.9M | Reduce -8.2% |
| MHK Mohawk Industries Inc. | 1.24% | 11,303 | $1.8M | Reduce -7.6% |
| RF Regions Financial Corp. | 1.15% | 72,275 | $1.7M | Reduce -9.6% |
| KMX Carmax Inc. | 1.14% | 21,607 | $1.7M | Reduce -9.8% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 1.13% | 44,261 | $1.7M | Add +3.9% |
| LEN Lennar Corp. Class A | 1.12% | 8,768 | $1.6M | Reduce -6.6% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 1.11% | 38,828 | $1.6M | Reduce -5.8% |
| DKS Dick's Sporting Goods Inc. | 1.09% | 7,658 | $1.6M | Reduce -8.0% |
| IVV iShares Core S&P 500 ETF | 1.01% | 2,572 | $1.5M | Reduce -3.8% |
| EPD Enterprise Products Partners | 1.00% | 50,168 | $1.5M | Add +0.0% |
| VTIP Vanguard Short-Term Tips | 0.98% | 28,986 | $1.4M | Add +3.8% |
| BMY Bristol-Myers Squibb Co. | 0.94% | 26,672 | $1.4M | Reduce -7.9% |
| PTLO Portillo's Inc. Class A | 0.94% | 102,387 | $1.4M | Reduce -8.1% |
| CAT Caterpillar Inc. | 0.89% | 3,335 | $1.3M | Add +0.1% |
| ULTA Ulta Beauty Inc. | 0.78% | 2,918 | $1.1M | Reduce -4.2% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.75% | 21,364 | $1.1M | Add +15.6% |
| LEA Lear Corp. | 0.73% | 9,831 | $1.1M | Reduce -6.8% |
| BN Brookfield Corp. | 0.71% | 19,683 | $1.0M | No change |
| AIG American International Group | 0.70% | 13,994 | $1.0M | Add +0.1% |
| CLMB Climb Global Solutions Inc. | 0.67% | 9,862 | $982K | Add +6.6% |
| BIP Brookfield Infrastructure Pa | 0.66% | 27,589 | $967K | No change |
| JNJ Johnson & Johnson | 0.65% | 5,849 | $948K | Reduce -2.2% |
| ACN Accenture PLC Class A | 0.63% | 2,609 | $922K | No change |
| CTVA Corteva Inc. | 0.62% | 15,343 | $902K | Reduce -0.5% |
| VXUS Vanguard Total Intl Stock | 0.62% | 13,932 | $902K | Reduce -0.5% |
| IWD iShares Russell 1000 Value E | 0.60% | 4,625 | $878K | Reduce -0.3% |
| XOM Exxon Mobil Corp. | 0.59% | 7,355 | $862K | Reduce -3.2% |
| UPS United Parcel Service Class B | 0.58% | 6,219 | $848K | Reduce -3.7% |
| DBX Dropbox Inc. Class A | 0.56% | 32,290 | $821K | Reduce -8.9% |
| VOO Vanguard S&P 500 ETF | 0.55% | 1,514 | $799K | Reduce -6.7% |
| AMGN Amgen Inc. | 0.54% | 2,475 | $798K | Add +0.1% |
| CMI Cummins Inc. | 0.54% | 2,451 | $794K | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 0.53% | 1,356 | $776K | No change |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.53% | 9,006 | $773K | Reduce -8.7% |
| ADI Analog Devices Inc. | 0.53% | 3,342 | $769K | Reduce -0.6% |
| MKL Markel Group Inc. | 0.52% | 486 | $762K | Reduce -8.0% |
| ATKR Atkore Inc. | 0.52% | 8,931 | $757K | Add +1.1% |
| WHR Whirlpool Corp. | 0.50% | 6,860 | $734K | Reduce -10.8% |
| APA Apa Corp. | 0.47% | 28,111 | $688K | Reduce -4.7% |
| GRBK Green Brick Partners Inc. | 0.46% | 8,069 | $674K | Add +7.2% |
| JPM JPMorgan Chase & Co. | 0.45% | 3,118 | $657K | Reduce -1.7% |
| VPLS Vanguard Core-Plus Bond ETF | 0.45% | 8,233 | $653K | Add +63.4% |
| VUSB Vanguard Ultra Short Bond Et | 0.44% | 13,040 | $651K | Reduce -9.1% |
| LLY Eli Lilly & Co. | 0.44% | 730 | $646K | Add +0.1% |
| AVGO Broadcom Inc. | 0.43% | 3,682 | $635K | Add +15.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.41% | 1,042 | $598K | Add +1.0% |
| FITB Fifth Third Bancorp | 0.40% | 13,499 | $578K | No change |
| ECL Ecolab Inc. | 0.36% | 2,083 | $532K | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.35% | 8,097 | $510K | Reduce -12.2% |
| VTES Vanguard SH Term Tax-Ex Bond | 0.34% | 4,845 | $491K | Add +27.1% |
| GD General Dynamics Corp. | 0.32% | 1,555 | $470K | Add +0.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.31% | 2,266 | $455K | Add +36.7% |
| SDY SS SPDR S&P Dividend ETF | 0.31% | 3,156 | $448K | No change |
| HCC Warrior Met Coal Inc. | 0.29% | 6,707 | $429K | Add +8.0% |
| CVX Chevron Corp. | 0.28% | 2,823 | $416K | Reduce -12.3% |
| ORCL Oracle Corp. | 0.28% | 2,405 | $410K | Reduce -5.7% |
| PM Philip Morris International | 0.27% | 3,264 | $396K | Add +0.4% |
| BBSI Barrett Business SVCS Inc. | 0.27% | 10,562 | $396K | Add +8.2% |
| CVCO Cavco Industries Inc. | 0.26% | 902 | $386K | Add +8.5% |
| ZBH Zimmer Biomet Holdings Inc. | 0.24% | 3,217 | $347K | Add +0.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.24% | 710 | $347K | No change |
| VVX V2X Inc. | 0.24% | 6,185 | $345K | Add +8.1% |
| PRDO Perdoceo Education Corp. | 0.23% | 15,300 | $340K | Add +8.7% |
| ACIW Aci Worldwide Inc. | 0.23% | 6,569 | $334K | Reduce -27.8% |
| IT Gartner Inc. | 0.23% | 651 | $330K | No change |
| UNH Unitedhealth Group Inc. | 0.22% | 563 | $329K | Add +0.2% |
| FNDC Schwab Fndmnt Intl SM Eq ETF | 0.22% | 8,253 | $315K | Add +0.6% |
| WGO Winnebago Industries | 0.21% | 5,378 | $313K | Add +7.1% |
| ABBV Abbvie Inc. | 0.21% | 1,575 | $311K | Add +0.5% |
| OSBC Old Second Bancorp Inc. | 0.21% | 19,951 | $311K | Add +8.8% |
| BSV Vanguard Short-Term Bond ETF | 0.21% | 3,872 | $305K | Add +0.9% |
| FCX Freeport-McMoran Inc. | 0.20% | 6,003 | $300K | Reduce -2.7% |
| AMZN Amazon.com Inc. | 0.20% | 1,550 | $289K | Add +34.8% |
| NVDA Nvidia Corp. | 0.19% | 2,331 | $283K | Reduce -7.5% |
| KMI Kinder Morgan Inc. | 0.19% | 12,745 | $282K | Reduce -2.4% |
| PKBK Parke Bancorp Inc. | 0.19% | 13,130 | $274K | Add +8.2% |
| EGY Vaalco Energy Inc. | 0.19% | 47,424 | $272K | Add +7.5% |
| PEP Pepsico Inc. | 0.19% | 1,597 | $272K | No change |
| LIN Linde PLC | 0.18% | 562 | $268K | No change |
| PANL Pangaea Logistics Solutions | 0.18% | 36,337 | $263K | Add +8.4% |
Portfolio Sells Q2 2024 → Q3 2024
| MCK McKesson Corp. | Reduce -12.3% | 2.48% | −0.93 |
| WIRE Encore Wire Corp. | Sold out | 0.00% | −0.58 |
| COP Conocophillips | Reduce -12.0% | 2.09% | −0.54 |
| FANG Diamondback Energy Inc. | Reduce -8.2% | 1.33% | −0.39 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -2.5% | 7.11% | −0.33 |
| WSM Williams-Sonoma Inc. | Reduce -17.6% | 2.49% | −0.32 |
| BAC Bank of America Corp. | Reduce -10.1% | 2.06% | −0.28 |
| AAPL Apple Inc. | Reduce -15.6% | 3.03% | −0.28 |
| SLB SLB Ltd. | Reduce -5.8% | 1.11% | −0.24 |
| HPE Hewlett Packard Enterprise | Reduce -8.5% | 1.46% | −0.23 |
| INTC Intel Corp. | Sold out | 0.00% | −0.21 |
| AZO AutoZone Inc. | Reduce -10.3% | 2.23% | −0.16 |
| DKS Dick's Sporting Goods Inc. | Reduce -8.0% | 1.09% | −0.15 |
| PNSTQ Pinstripes Holdings Inc. | Reduce -27.0% | 0.03% | −0.14 |
| MSFT Microsoft Corp. | Reduce -0.1% | 2.23% | −0.14 |
| APA Apa Corp. | Reduce -4.7% | 0.47% | −0.14 |
| BKNG Booking Holdings Inc. | Reduce -11.0% | 1.44% | −0.11 |
| LEA Lear Corp. | Reduce -6.8% | 0.73% | −0.11 |
| KMX Carmax Inc. | Reduce -9.8% | 1.14% | −0.08 |
| GOOG Alphabet Inc. Class C | Reduce -22.2% | 0.17% | −0.08 |
| CVX Chevron Corp. | Reduce -12.3% | 0.28% | −0.07 |
| MKL Markel Group Inc. | Reduce -8.0% | 0.52% | −0.06 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -9.1% | 0.44% | −0.05 |
| WHR Whirlpool Corp. | Reduce -10.8% | 0.50% | −0.05 |
| ULTA Ulta Beauty Inc. | Reduce -4.2% | 0.78% | −0.04 |
| UPS United Parcel Service Class B | Reduce -3.7% | 0.58% | −0.04 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -12.2% | 0.35% | −0.03 |
| NVDA Nvidia Corp. | Reduce -7.5% | 0.19% | −0.02 |
| ACIW Aci Worldwide Inc. | Reduce -27.8% | 0.23% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -3.2% | 0.59% | −0.02 |
| VOO Vanguard S&P 500 ETF | Reduce -6.7% | 0.55% | −0.02 |
| ADI Analog Devices Inc. | Reduce -0.6% | 0.53% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -3.8% | 1.01% | −0.01 |
| FCX Freeport-McMoran Inc. | Reduce -2.7% | 0.20% | −0.00 |
| JPM JPMorgan Chase & Co. | Reduce -1.7% | 0.45% | +0.00 |
| DBX Dropbox Inc. Class A | Reduce -8.9% | 0.56% | +0.01 |
| KMI Kinder Morgan Inc. | Reduce -2.4% | 0.19% | +0.01 |
| UHAL U-Haul Holding Co. | Reduce -11.3% | 0.18% | +0.01 |
| CF CF Industries Holdings Inc. | Reduce -8.7% | 0.53% | +0.02 |
| VXUS Vanguard Total Intl Stock | Reduce -0.5% | 0.62% | +0.03 |
| ORCL Oracle Corp. | Reduce -5.7% | 0.28% | +0.03 |
| IWD iShares Russell 1000 Value E | Reduce -0.3% | 0.60% | +0.04 |
| RF Regions Financial Corp. | Reduce -9.6% | 1.15% | +0.04 |
| CTVA Corteva Inc. | Reduce -0.5% | 0.62% | +0.04 |
| JNJ Johnson & Johnson | Reduce -2.2% | 0.65% | +0.04 |
| CMI Cummins Inc. | Reduce -0.2% | 0.54% | +0.07 |
| MTB M & T Bank Corp. | Reduce -7.7% | 1.41% | +0.09 |
| BMY Bristol-Myers Squibb Co. | Reduce -7.9% | 0.94% | +0.10 |
| EBAY eBay Inc. | Reduce -10.1% | 2.08% | +0.13 |
| LEN Lennar Corp. Class A | Reduce -6.6% | 1.12% | +0.14 |
Portfolio Buys Q2 2024 → Q3 2024
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +1.7% | 6.03% | +0.38 |
| CLMB Climb Global Solutions Inc. | Add +6.6% | 0.67% | +0.27 |
| VT Vanguard Tot World STK ETF | Add +4.1% | 3.28% | +0.25 |
| VPLS Vanguard Core-Plus Bond ETF | Add +63.4% | 0.45% | +0.18 |
| MLR Miller Industries Inc. | New | 0.17% | +0.17 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +6.3% | 1.48% | +0.17 |
| GRBK Green Brick Partners Inc. | Add +7.2% | 0.46% | +0.16 |
| EBF Ennis Inc. | New | 0.16% | +0.16 |
| BOOM DMC Global Inc. | New | 0.14% | +0.14 |
| HGTY Hagerty Inc. Class A | New | 0.13% | +0.13 |
| FONR Fonar Corp. | New | 0.12% | +0.12 |
| CAT Caterpillar Inc. | Add +0.1% | 0.89% | +0.12 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.7% | 2.48% | +0.11 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +15.6% | 0.75% | +0.10 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +36.7% | 0.31% | +0.10 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +3.9% | 1.13% | +0.09 |
| AVGO Broadcom Inc. | Add +15.8% | 0.43% | +0.08 |
| VTES Vanguard SH Term Tax-Ex Bond | Add +27.1% | 0.34% | +0.07 |
| CVCO Cavco Industries Inc. | Add +8.5% | 0.26% | +0.06 |
| BBSI Barrett Business SVCS Inc. | Add +8.2% | 0.27% | +0.05 |
| VVX V2X Inc. | Add +8.1% | 0.24% | +0.04 |
| AMZN Amazon.com Inc. | Add +34.8% | 0.20% | +0.04 |
| PM Philip Morris International | Add +0.4% | 0.27% | +0.04 |
| PKBK Parke Bancorp Inc. | Add +8.2% | 0.19% | +0.04 |
| VTIP Vanguard Short-Term Tips | Add +3.8% | 0.98% | +0.03 |
| UNH Unitedhealth Group Inc. | Add +0.2% | 0.22% | +0.03 |
| ABBV Abbvie Inc. | Add +0.5% | 0.21% | +0.03 |
| WGO Winnebago Industries | Add +7.1% | 0.21% | +0.02 |
| OSBC Old Second Bancorp Inc. | Add +8.8% | 0.21% | +0.02 |
| PRDO Perdoceo Education Corp. | Add +8.7% | 0.23% | +0.02 |
| HCC Warrior Met Coal Inc. | Add +8.0% | 0.29% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.0% | 0.41% | +0.02 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | Add +0.6% | 0.22% | +0.02 |
| ABT Abbott Laboratories | Add +0.0% | 0.17% | +0.01 |
| GD General Dynamics Corp. | Add +0.1% | 0.32% | +0.01 |
| AMGN Amgen Inc. | Add +0.1% | 0.54% | +0.01 |
| AOUT American Outdoor Brands Inc. | Add +7.4% | 0.07% | +0.01 |
| PG The Procter & Gamble Co. | Add +0.2% | 0.15% | +0.00 |
| VTEI Vanguard Int Tax-Exempt Bond | Add +2.4% | 0.17% | +0.00 |
| BSV Vanguard Short-Term Bond ETF | Add +0.9% | 0.21% | +0.00 |
| SD Sandridge Energy Inc. | Add +9.0% | 0.13% | +0.00 |
| CRWS Crown Crafts Inc. | Add +9.2% | 0.09% | −0.00 |
| PANL Pangaea Logistics Solutions | Add +8.4% | 0.18% | −0.00 |
| ZBH Zimmer Biomet Holdings Inc. | Add +0.0% | 0.24% | −0.01 |
| EGY Vaalco Energy Inc. | Add +7.5% | 0.19% | −0.01 |
| BTE Baytex Energy Corp. | Add +8.6% | 0.12% | −0.01 |
| SOLO BRANDS INC | Add +42.5% | 0.08% | −0.01 |
| EPD Enterprise Products Partners | Add +0.0% | 1.00% | −0.02 |
| LLY Eli Lilly & Co. | Add +0.1% | 0.44% | −0.02 |
| AIG American International Group | Add +0.1% | 0.70% | −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 |