Lancaster Investment Management
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 1, 2024), Lancaster Investment Management reported 7 stock positions worth $159.5 million. Its top holding was Liberty Global Class A (LBTYA) at 32.7% of the portfolio, followed by Autoliv (ALV, 28.3%) and Ryanair Holdings PLC-SP ADR (RYAAY, 12.9%). Compared with Q2 2024, it opened 2 new positions, sold out of 1, added to 1 and reduced 2. The biggest buy was a new position in VF (VFC) and the biggest sale Autoliv (ALV, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001630064
- Portfolio Value
- $159.5M (Q3 2024)
- SEC Filing
- 0001630064-24-000006 ↗ filed Nov 1, 2024
Holdings Value
Holdings 7 stocks · $159.5M
| LBTYA Liberty Global Ltd. Class A | 32.73% | 2,473,000 | $52.2M | Reduce -17.0% |
| ALV Autoliv Inc. | 28.28% | 483,089 | $45.1M | Reduce -7.5% |
| RYAAY Ryanair Holdings PLC-SP ADR | 12.94% | 456,781 | $20.6M | Add +151.2% |
| HDB HDFC Bank Ltd.-ADR | 10.47% | 267,000 | $16.7M | No change |
| VFC VF Corp. | 8.94% | 714,896 | $14.3M | New |
| MANU Manchester United PLC Class A | 5.70% | 562,071 | $9.1M | New |
| GLRE Greenlight Capital Re Ltd. Class A | 0.94% | 110,000 | $1.5M | No change |
Portfolio Sells Q2 2024 → Q3 2024
Portfolio Buys Q2 2024 → Q3 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 9 | $165.4M | LBTYA, ECHO, FLUT, MANU, GGAL |
| Q1 2026 | 8 | $179.7M | LBTYA, FLUT, ALV, DKS, MANU |
| Q4 2025 | 8 | $195.0M | ALV, LBTYA, FLUT, DKS, HDB |
| Q3 2025 | 8 | $233.3M | ALV, LBTYA, FLUT, DKS, HDB |
| Q2 2025 | 8 | $312.9M | FLUT, ALV, LBTYA, NKE, HDB |
| Q1 2025 | 6 | $134.9M | ALV, LBTYA, HDB, MANU, GLRE |
| Q4 2024 | 5 | $112.9M | ALV, LBTYA, MANU, HDB, GLRE |
| Q3 2024 | 7 | $159.5M | LBTYA, ALV, RYAAY, HDB, VFC |
| Q2 2024 | 6 | $153.1M | ALV, LBTYA, RYAAY, HDB, MRNA |
| Q1 2024 | 5 | $125.3M | ALV, LBTYA, RYAAY, HDB, GLRE |