Leeward Investments, LLC - MA

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 19, 2024), Leeward Investments, LLC - MA reported 146 stock positions worth $2.3 billion. Its top holding was Clean Harbors (CLH) at 2.1% of the portfolio, followed by Encompass Health (EHC, 2.0%) and Regal Rexnord (RRX, 1.9%). Compared with Q4 2023, it opened 6 new positions, sold out of 4, added to 55 and reduced 85. The biggest buy was a new position in Gentex (GNTX) and the biggest sale an exit from Livent (LTHM).

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0001923173
Portfolio Value
$2.3B (Q1 2024)
SEC Filing
0001085146-24-001919 ↗ filed Apr 19, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $2.3B $2.3B Q1 2024 Q2 2024: $2.2B Q2 2024 Q3 2024: $2.2B Q3 2024 Q4 2024: $2.0B Q4 2024 Q1 2025: $1.9B Q1 2025 Q2 2025: $1.9B Q2 2025 Q3 2025: $2.0B Q3 2025 Q4 2025: $2.0B Q4 2025 Q1 2026: $2.0B Q1 2026 Q2 2026: $2.2B Q2 2026

Holdings 146 stocks · $2.3B
CLH Clean Harbors Inc. 2.11% 236,938 $47.7M Reduce -2.8%
EHC Encompass Health Corp. 2.01% 550,066 $45.4M Reduce -0.6%
RRX Regal Rexnord Corp. 1.93% 241,840 $43.6M Add +0.9%
PR Permian Resources Corp. Class A 1.78% 2,274,235 $40.2M Reduce -1.4%
FHN First Horizon Corp. 1.50% 2,197,369 $33.8M Reduce -0.6%
CHX Championx Corp. 1.41% 888,800 $31.9M Reduce -0.4%
VVV Valvoline Inc. 1.31% 665,539 $29.7M Reduce -0.1%
PNFP Pinnacle Financial Partners 1.30% 342,633 $29.4M Reduce -1.5%
AXTA Axalta Coating Systems Ltd. 1.29% 847,577 $29.1M Reduce -21.8%
INGR Ingredion Inc. 1.29% 248,616 $29.1M Reduce -0.1%
MUSA Murphy USA Inc. 1.27% 68,259 $28.6M Reduce -4.0%
GNTX Gentex Corp. 1.25% 783,198 $28.3M New
PBH Prestige Consumer Healthcare 1.24% 384,544 $27.9M Reduce -4.1%
WTFC Wintrust Financial Corp. 1.21% 262,031 $27.4M Reduce -4.1%
ALL Allstate Corp. 1.18% 153,860 $26.6M Add +4.0%
THS Treehouse Foods Inc. 1.17% 677,788 $26.4M Reduce -0.6%
ITT Itt Inc. 1.12% 185,689 $25.3M Reduce -11.4%
HLIT Harmonic Inc. 1.11% 1,870,804 $25.1M Reduce -4.2%
PRI Primerica Inc. 1.11% 99,318 $25.1M Reduce -5.2%
HXL Hexcel Corp. 1.11% 342,684 $25.0M Add +0.3%
COR Cencora Inc. 1.03% 95,263 $23.1M Add +4.0%
SXI Standex International Corp. 1.01% 125,034 $22.8M Reduce -4.1%
POR Portland General Electric Co. 0.98% 524,232 $22.0M Reduce -4.1%
LDOS Leidos Holdings Inc. 0.96% 166,069 $21.8M Add +4.9%
EME Emcor Group Inc. 0.95% 61,277 $21.5M Reduce -26.6%
NPO Enpro Inc. 0.94% 126,172 $21.3M Reduce -4.1%
AMP Ameriprise Financial Inc. 0.92% 47,482 $20.8M Add +4.0%
LKQ LKQ Corp. 0.92% 388,875 $20.8M Add +3.4%
GTES Gates Industrial Corp. UK Ltd. 0.91% 1,166,483 $20.7M Reduce -4.1%
HURN Huron Consulting Group Inc. 0.90% 210,728 $20.4M Reduce -9.3%
AER Aercap Holdings NV 0.90% 232,649 $20.2M Add +4.0%
CIVI Civitas Resources Inc. 0.89% 265,332 $20.1M Add +16.3%
NMRK Newmark Group Inc. Class A 0.89% 1,806,148 $20.0M Reduce -4.2%
GPN Global Payments Inc. 0.88% 148,376 $19.8M Add +4.0%
STAG Stag Industrial Inc. 0.87% 512,720 $19.7M Reduce -4.1%
WCC Wesco International Inc. 0.86% 113,048 $19.4M Add +47.8%
ONB Old National Bancorp 0.82% 1,058,123 $18.4M Reduce -4.0%
AIG American International Group 0.81% 232,585 $18.2M Reduce -19.4%
CACI Caci International Inc. Class A 0.79% 47,002 $17.8M Reduce -4.3%
QRVO Qorvo Inc. 0.78% 154,346 $17.7M Add +50.6%
RGA Reinsurance Group of America 0.78% 91,709 $17.7M Reduce -26.8%
PFGC Performance Food Group Co. 0.78% 235,729 $17.6M Reduce -14.2%
COLB Columbia Banking System Inc. 0.76% 882,462 $17.1M Reduce -4.1%
FIBK First Interstate Bancsys-A 0.75% 623,129 $17.0M Reduce -0.9%
LITE Lumentum Holdings Inc. 0.75% 357,106 $16.9M Reduce -0.8%
LH Laboratory CRP of Amer Hldgs 0.75% 77,106 $16.8M Add +5.0%
TSN Tyson Foods Inc. Class A 0.74% 283,446 $16.6M Add +4.4%
THG Hanover Insurance Group Inc./ 0.73% 121,635 $16.6M Reduce -4.1%
PTC PTC Inc. 0.72% 86,382 $16.3M Add +4.0%
CNP Centerpoint Energy Inc. 0.72% 569,745 $16.2M Add +4.0%
IART Integra Lifesciences Holding 0.71% 452,438 $16.0M Add +17.8%
AKAM Akamai Technologies Inc. 0.71% 146,953 $16.0M Add +4.0%
KEYS Keysight Technologies Inc. 0.70% 101,259 $15.8M Add +3.8%
DFS Discover Financial Services 0.69% 119,470 $15.7M Add +87.1%
WTW Willis Towers Watson PLC 0.69% 56,679 $15.6M Add +48.8%
KFY Korn Ferry 0.69% 236,514 $15.6M Reduce -4.1%
SNA Snap-on Inc. 0.68% 51,978 $15.4M Reduce -14.2%
CBT Cabot Corp. 0.67% 163,617 $15.1M Add +41.1%
DTE DTE Energy Company 0.67% 134,138 $15.0M Add +4.0%
WAB Wabtec Corp. 0.66% 102,648 $15.0M Add +4.6%
MTG Mgic Investment Corp. 0.65% 661,215 $14.8M Reduce -4.1%
VIAV Viavi Solutions Inc. 0.65% 1,621,476 $14.7M Reduce -0.8%
DAR Darling Ingredients Inc. 0.65% 313,917 $14.6M Add +4.0%
ZBH Zimmer Biomet Holdings Inc. 0.64% 110,183 $14.5M Add +4.0%
NI Nisource Inc. 0.64% 519,973 $14.4M Add +4.0%
ALTM Arcadium Lithium PLC 0.64% 3,333,706 $14.4M New
VLY Valley National Bancorp 0.63% 1,799,887 $14.3M Reduce -4.1%
PH Parker Hannifin Corp. 0.63% 25,627 $14.2M Reduce -10.4%
FANG Diamondback Energy Inc. 0.63% 71,479 $14.2M New
DOOR Masonite International Corp. 0.63% 107,760 $14.2M Reduce -4.1%
ARE Alexandria Real Estate Equit 0.62% 108,231 $14.0M Add +4.0%
DOV Dover Corp. 0.61% 77,925 $13.8M Reduce -25.3%
ETR Entergy Corp. 0.61% 129,619 $13.7M Add +4.0%
NVST Envista Holdings Corp. 0.60% 633,607 $13.5M Reduce -0.5%
CTRA Coterra Energy Inc. 0.60% 484,978 $13.5M Add +4.0%
NGVT Ingevity Corp. 0.60% 282,008 $13.5M Reduce -0.9%
WEC WEC Energy Group Inc. 0.60% 163,685 $13.4M Add +4.0%
FAF First American Financial 0.59% 219,517 $13.4M Reduce -4.1%
CDP Copt Defense Properties 0.59% 552,319 $13.3M Reduce -4.1%
URBN Urban Outfitters Inc. 0.59% 306,668 $13.3M Reduce -4.1%
STZ Constellation Brands Inc. Class A 0.59% 48,655 $13.2M Add +4.0%
WHD Cactus Inc. Class A 0.58% 262,436 $13.1M Reduce -4.3%
FFIV F5 Inc. 0.58% 68,682 $13.0M Reduce -18.0%
HOLX Hologic Inc. 0.57% 166,521 $13.0M Add +112.1%
AZEK The Azek Co. Inc. 0.57% 258,032 $13.0M Reduce -14.5%
INDB Independent Bank Corp. 0.57% 248,368 $12.9M Reduce -0.9%
DORM Dorman Products Inc. 0.57% 132,599 $12.8M Reduce -0.9%
CHIMERA INVT CORP 0.56% 2,752,707 $12.7M Add +1.0%
SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD 0.55% 296,211 $12.5M Reduce -4.1%
NSA National Storage Affiliates 0.55% 316,948 $12.4M Reduce -4.1%
FMC FMC Corp. 0.54% 193,156 $12.3M Add +62.8%
CRI Carter's Inc. 0.54% 145,129 $12.3M Add +0.6%
SLAB Silicon Laboratories Inc. 0.54% 84,705 $12.2M Reduce -4.1%
IDA Idacorp Inc. 0.53% 129,658 $12.0M Reduce -4.1%
LW Lamb Weston Holdings Inc. 0.53% 112,764 $12.0M Reduce -15.5%
GMED Globus Medical Inc. Class A 0.53% 222,188 $11.9M Add +27.6%
DOC Healthpeak Properties Inc. 0.53% 634,310 $11.9M New
VMI Valmont Industries 0.52% 51,240 $11.7M Reduce -4.0%
COLM Columbia Sportswear Co. 0.51% 141,853 $11.5M Add +4.0%
HAS Hasbro Inc. 0.51% 202,703 $11.5M Add +4.1%
BWXT BWX Technologies Inc. 0.51% 111,509 $11.4M Reduce -15.4%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.50% 132,496 $11.4M Add +49.3%
DLTR Dollar Tree Inc. 0.49% 82,525 $11.0M Add +4.9%
EXLS Exlservice Holdings Inc. 0.49% 345,430 $11.0M Reduce -4.2%
PGR Progressive Corp. 0.48% 52,423 $10.8M Reduce -43.6%
BERY Berry Global Group Inc. 0.47% 173,826 $10.5M Add +4.9%
QDEL Quidelortho Corp. 0.46% 218,426 $10.5M Reduce -4.1%
OI O-I Glass Inc. 0.46% 623,129 $10.3M Add +36.0%
CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP 0.46% 636,399 $10.3M Reduce -0.8%
MZTI The Marzetti Company filed as LANCASTER COLONY CORP 0.45% 49,210 $10.2M Reduce -4.1%
CASY Casey's General Stores Inc. 0.45% 32,023 $10.2M Add +4.6%
EPAC Enerpac Tool Group Corp. 0.45% 284,535 $10.1M Reduce -4.1%
ESS Essex Property Trust Inc. 0.45% 41,299 $10.1M Add +4.0%
HUM Humana Inc. 0.45% 29,047 $10.1M New
G Genpact Ltd. 0.44% 302,314 $10.0M Add +4.1%
WBS Webster Financial Corp. 0.44% 195,665 $9.9M Add +4.0%
ROG Rogers Corp. 0.43% 80,941 $9.6M New
LHX L3HARRIS Technologies Inc. 0.42% 44,941 $9.6M Add +3.8%
AMED Amedisys Inc. 0.42% 102,789 $9.5M Reduce -35.3%
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 0.42% 290,690 $9.4M Reduce -4.1%
EVRG Evergy Inc. 0.41% 171,388 $9.1M Add +4.0%
BKH Black Hills Corp. 0.39% 161,100 $8.8M Reduce -3.8%
CHCO City Holding Co. filed as CITY HLDG CO 0.39% 84,232 $8.8M Reduce -4.1%
IOSP Innospec Inc. 0.38% 66,548 $8.6M Reduce -4.1%
AEO American Eagle Outfitters 0.38% 331,700 $8.6M Reduce -31.6%
UVSP Univest Financial Corp. 0.35% 383,392 $8.0M Reduce -4.1%
SLGN Silgan Holdings Inc. 0.35% 163,554 $7.9M Reduce -40.3%
WABC Westamerica Bancorporation 0.35% 161,674 $7.9M Reduce -4.2%
CAKE The Cheesecake Factory Inc. 0.35% 218,322 $7.9M Reduce -4.1%
NBHC National Bank Hold Class A 0.35% 216,010 $7.8M Reduce -4.1%
VLO Valero Energy Corp. 0.34% 45,277 $7.7M Add +4.0%
SR Spire Inc. 0.32% 117,132 $7.2M Reduce -4.1%
BWA Borgwarner Inc. 0.31% 198,896 $6.9M Add +3.5%
MGPI MGP Ingredients Inc. 0.30% 79,964 $6.9M Reduce -2.6%
HST Host Hotels & Resorts Inc. 0.30% 330,403 $6.8M Add +4.9%
OXM Oxford Industries Inc. 0.29% 58,429 $6.6M Reduce -4.1%
BDC Belden Inc. 0.28% 69,255 $6.4M Reduce -4.1%
GT Goodyear Tire & Rubber Co. 0.27% 448,340 $6.2M Reduce -4.1%
TGNA Tegna Inc. 0.24% 359,231 $5.4M Reduce -4.1%
AAP Advance Auto Parts Inc. 0.20% 53,931 $4.6M Add +4.0%
SMG Scotts Miracle-Gro Co. 0.20% 61,497 $4.6M Add +4.0%
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.20% 118,130 $4.6M Reduce -4.1%
NVRI Enviri Corp. 0.18% 444,958 $4.1M Reduce -4.1%
IWN iShares Russell 2000 Value E 0.16% 22,746 $3.6M Reduce -59.0%
HAIN Hain Celestial Group Inc. 0.14% 393,264 $3.1M Reduce -0.9%
IWS iShares Russell Mid-Cap Valu 0.01% 2,302 $289K Add +21.4%

Portfolio Sells Q4 2023 → Q1 2024
LTHM Livent Corp. Sold out 0.00% −1.18
DLR Digital Realty Trust Inc. Sold out 0.00% −0.66
PHYSICIANS REALTY TRUST Sold out 0.00% −0.61
PXD Pioneer Natural Resources Co. Sold out 0.00% −0.47
AXTA Axalta Coating Systems Ltd. Reduce -21.8% 1.29% −0.44
COLB Columbia Banking System Inc. Reduce -4.1% 0.76% −0.40
QDEL Quidelortho Corp. Reduce -4.1% 0.46% −0.32
VLY Valley National Bancorp Reduce -4.1% 0.63% −0.32
AMED Amedisys Inc. Reduce -35.3% 0.42% −0.29
IWN iShares Russell 2000 Value E Reduce -59.0% 0.16% −0.24
SLGN Silgan Holdings Inc. Reduce -40.3% 0.35% −0.23
HURN Huron Consulting Group Inc. Reduce -9.3% 0.90% −0.22
PGR Progressive Corp. Reduce -43.6% 0.48% −0.21
INDB Independent Bank Corp. Reduce -0.9% 0.57% −0.20
RGA Reinsurance Group of America Reduce -26.8% 0.78% −0.17
THS Treehouse Foods Inc. Reduce -0.6% 1.17% −0.16
FIBK First Interstate Bancsys-A Reduce -0.9% 0.75% −0.16
LW Lamb Weston Holdings Inc. Reduce -15.5% 0.53% −0.14
DOV Dover Corp. Reduce -25.3% 0.61% −0.14
SNA Snap-on Inc. Reduce -14.2% 0.68% −0.14
LITE Lumentum Holdings Inc. Reduce -0.8% 0.75% −0.14
POR Portland General Electric Co. Reduce -4.1% 0.98% −0.14
FFIV F5 Inc. Reduce -18.0% 0.58% −0.13
PNFP Pinnacle Financial Partners Reduce -1.5% 1.30% −0.12
VIAV Viavi Solutions Inc. Reduce -0.8% 0.65% −0.12
NVST Envista Holdings Corp. Reduce -0.5% 0.60% −0.12
PFGC Performance Food Group Co. Reduce -14.2% 0.78% −0.11
STAG Stag Industrial Inc. Reduce -4.1% 0.87% −0.11
AIG American International Group Reduce -19.4% 0.81% −0.11
AEO American Eagle Outfitters Reduce -31.6% 0.38% −0.10
CDP Copt Defense Properties Reduce -4.1% 0.59% −0.10
FAF First American Financial Reduce -4.1% 0.59% −0.10
YETI Yeti Holdings Inc. Reduce -4.1% 0.20% −0.10
WABC Westamerica Bancorporation Reduce -4.2% 0.35% −0.10
NSA National Storage Affiliates Reduce -4.1% 0.55% −0.09
IDA Idacorp Inc. Reduce -4.1% 0.53% −0.09
NMRK Newmark Group Inc. Class A Reduce -4.2% 0.89% −0.08
HLIT Harmonic Inc. Reduce -4.2% 1.11% −0.08
MGPI MGP Ingredients Inc. Reduce -2.6% 0.30% −0.07
VMI Valmont Industries Reduce -4.0% 0.52% −0.07
HAIN Hain Celestial Group Inc. Reduce -0.9% 0.14% −0.07
CHCO City Holding Co. Reduce -4.1% 0.39% −0.07
UVSP Univest Financial Corp. Reduce -4.1% 0.35% −0.06
ONB Old National Bancorp Reduce -4.0% 0.82% −0.06
ITT Itt Inc. Reduce -11.4% 1.12% −0.06
SHOO Steven Madden Ltd. Reduce -4.1% 0.55% −0.05
NBHC National Bank Hold Class A Reduce -4.1% 0.35% −0.05
GT Goodyear Tire & Rubber Co. Reduce -4.1% 0.27% −0.04
SR Spire Inc. Reduce -4.1% 0.32% −0.04
EXLS Exlservice Holdings Inc. Reduce -4.2% 0.49% −0.04

Portfolio Buys Q4 2023 → Q1 2024
GNTX Gentex Corp. New 1.25% +1.25
ALTM Arcadium Lithium PLC New 0.64% +0.64
FANG Diamondback Energy Inc. New 0.63% +0.63
DOC Healthpeak Properties Inc. New 0.53% +0.53
HUM Humana Inc. New 0.45% +0.45
ROG Rogers Corp. New 0.43% +0.43
DFS Discover Financial Services Add +87.1% 0.69% +0.36
HOLX Hologic Inc. Add +112.1% 0.57% +0.31
RRX Regal Rexnord Corp. Add +0.9% 1.93% +0.26
WTW Willis Towers Watson PLC Add +48.8% 0.69% +0.26
QRVO Qorvo Inc. Add +50.6% 0.78% +0.24
WCC Wesco International Inc. Add +47.8% 0.86% +0.23
CBT Cabot Corp. Add +41.1% 0.67% +0.21
ALL Allstate Corp. Add +4.0% 1.18% +0.21
FMC FMC Corp. Add +62.8% 0.54% +0.19
IFF Intl Flavors & Fragrances Add +49.3% 0.50% +0.17
CIVI Civitas Resources Inc. Add +16.3% 0.89% +0.16
LDOS Leidos Holdings Inc. Add +4.9% 0.96% +0.16
COR Cencora Inc. Add +4.0% 1.03% +0.14
AER Aercap Holdings NV Add +4.0% 0.90% +0.11
AMP Ameriprise Financial Inc. Add +4.0% 0.92% +0.11
OI O-I Glass Inc. Add +36.0% 0.46% +0.11
GMED Globus Medical Inc. Class A Add +27.6% 0.53% +0.09
WAB Wabtec Corp. Add +4.6% 0.66% +0.08
VLO Valero Energy Corp. Add +4.0% 0.34% +0.08
LKQ LKQ Corp. Add +3.4% 0.92% +0.08
CASY Casey's General Stores Inc. Add +4.6% 0.45% +0.06
AAP Advance Auto Parts Inc. Add +4.0% 0.20% +0.05
STZ Constellation Brands Inc. Class A Add +4.0% 0.59% +0.05
TSN Tyson Foods Inc. Class A Add +4.4% 0.74% +0.05
HAS Hasbro Inc. Add +4.1% 0.51% +0.04
PTC PTC Inc. Add +4.0% 0.72% +0.04
CTRA Coterra Energy Inc. Add +4.0% 0.60% +0.04
ZBH Zimmer Biomet Holdings Inc. Add +4.0% 0.64% +0.04
CRI Carter's Inc. Add +0.6% 0.54% +0.04
GPN Global Payments Inc. Add +4.0% 0.88% +0.03
SMG Scotts Miracle-Gro Co. Add +4.0% 0.20% +0.03
HST Host Hotels & Resorts Inc. Add +4.9% 0.30% +0.01
ETR Entergy Corp. Add +4.0% 0.61% +0.01
NI Nisource Inc. Add +4.0% 0.64% +0.01
IWS iShares Russell Mid-Cap Valu Add +21.4% 0.01% +0.00
EVRG Evergy Inc. Add +4.0% 0.41% +0.00
COLM Columbia Sportswear Co. Add +4.0% 0.51% +0.00
ARE Alexandria Real Estate Equit Add +4.0% 0.62% −0.00
DTE DTE Energy Company Add +4.0% 0.67% −0.00
LHX L3HARRIS Technologies Inc. Add +3.8% 0.42% −0.00
WBS Webster Financial Corp. Add +4.0% 0.44% −0.01
ESS Essex Property Trust Inc. Add +4.0% 0.45% −0.01
CNP Centerpoint Energy Inc. Add +4.0% 0.72% −0.02
BWA Borgwarner Inc. Add +3.5% 0.31% −0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 140$2.2BROG, RRX, VIAV, CLH, NPO
Q1 2026 142$2.0BVIAV, PR, RRX, CLH, EHC
Q4 2025 141$2.0BLITE, FHN, EHC, CLH, RRX
Q3 2025 142$2.0BLITE, EHC, FHN, CLH, NMRK
Q2 2025 141$1.9BLITE, EHC, FHN, CLH, PNFP
Q1 2025 143$1.9BEHC, FHN, ADC, PNFP, CLH
Q4 2024 145$2.0BEHC, CLH, FHN, PNFP, ADC
Q3 2024 145$2.2BCLH, EHC, ADC, RRX, CHX
Q2 2024 145$2.2BCLH, EHC, PR, FHN, RRX
Q1 2024 146$2.3BCLH, EHC, RRX, PR, FHN