Lancaster Investment Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Lancaster Investment Management reported 6 stock positions worth $134.9 million. Its top holding was Autoliv (ALV) at 59.3% of the portfolio, followed by Liberty Global Class A (LBTYA, 20.1%) and HDFC Bank Ltd.-ADR (HDB, 10.7%). Compared with Q4 2024, it opened 1 new position and added to 2. The biggest buy was Autoliv (ALV, shares +59%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001630064
- Portfolio Value
- $134.9M (Q1 2025)
- SEC Filing
- 0001630064-25-000004 ↗ filed Apr 30, 2025
Holdings Value
Holdings 6 stocks · $134.9M
| ALV Autoliv Inc. | 59.25% | 903,537 | $79.9M | Add +58.8% |
| LBTYA Liberty Global Ltd. Class A | 20.09% | 2,354,000 | $27.1M | No change |
| HDB HDFC Bank Ltd.-ADR | 10.69% | 217,000 | $14.4M | No change |
| MANU Manchester United PLC Class A | 8.54% | 880,351 | $11.5M | Add +7.8% |
| GLRE Greenlight Capital Re Ltd. Class A | 1.11% | 110,000 | $1.5M | No change |
| VFC VF Corp. | 0.32% | 28,000 | $435K | New |
Portfolio Sells Q4 2024 → Q1 2025
| None this quarter. | |||
Portfolio Buys Q4 2024 → Q1 2025
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 |