Leeward Investments, LLC - MA

Name: Leeward Investments, LLC - MA 13F holdings, Q1 2025
Creator: Leeward Investments, LLC - MA
Published: 2025-04-29

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

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 29, 2025), Leeward Investments, LLC - MA reported 143 stock positions worth $1.9 billion. Its top holding was Encompass Health (EHC) at 2.3% of the portfolio, followed by First Horizon (FHN, 1.9%) and Agree Realty (ADC, 1.9%). Compared with Q4 2024, it opened 6 new positions, sold out of 8, added to 24 and reduced 112. The biggest buy was iShares Russell 2000 Value E (IWN, shares +423%) and the biggest sale an exit from Arcadium Lithium (ALTM).

Most Recent 13F: Q2 2026
Location: BOSTON, MA
CIK: 0001923173
Portfolio Value: $1.9B (Q1 2025)
SEC Filing: 0001085146-25-002401 ↗ filed Apr 29, 2025

Holdings Value

Holdings 143 stocks · $1.9B


EHC Encompass Health Corp.	2.33%	432,357	$43.8M	Reduce -4.1%
FHN First Horizon Corp.	1.89%	1,831,744	$35.6M	Reduce -4.1%
ADC Agree Realty Corp.	1.86%	454,016	$35.0M	Reduce -4.1%
PNFP Pinnacle Financial Partners	1.66%	294,625	$31.2M	Reduce -4.2%
CLH Clean Harbors Inc.	1.66%	157,954	$31.1M	Reduce -8.5%
PBH Prestige Consumer Healthcare	1.64%	359,898	$30.9M	Reduce -4.5%
HURN Huron Consulting Group Inc.	1.50%	197,220	$28.3M	Reduce -4.5%
LITE Lumentum Holdings Inc.	1.49%	449,890	$28.0M	Add +28.6%
WTFC Wintrust Financial Corp.	1.47%	245,260	$27.6M	Reduce -4.4%
PR Permian Resources Corp. Class A	1.47%	1,990,938	$27.6M	Reduce -4.0%
STWD Starwood Property Trust Inc.	1.39%	1,324,081	$26.2M	Add +1.2%
POR Portland General Electric Co.	1.31%	553,239	$24.7M	Add +7.8%
COLB Columbia Banking System Inc.	1.28%	965,611	$24.1M	Reduce -4.3%
THG Hanover Insurance Group Inc./	1.26%	136,305	$23.7M	Reduce -4.5%
GTES Gates Industrial Corp. UK Ltd.	1.17%	1,192,601	$22.0M	Reduce -4.3%
RRX Regal Rexnord Corp.	1.16%	191,278	$21.8M	Reduce -3.8%
ONB Old National Bancorp	1.12%	992,181	$21.0M	Reduce -4.3%
INGR Ingredion Inc.	1.12%	155,480	$21.0M	Reduce -27.7%
NMRK Newmark Group Inc. Class A	1.09%	1,689,745	$20.6M	Reduce -4.5%
IWN iShares Russell 2000 Value E	1.09%	136,147	$20.6M	Add +423.2%
CHX Championx Corp.	1.07%	674,229	$20.1M	Reduce -36.0%
VVV Valvoline Inc.	1.02%	549,878	$19.1M	Reduce -4.0%
NPO Enpro Inc.	1.02%	118,108	$19.1M	Reduce -4.5%
SXI Standex International Corp.	1.01%	117,169	$18.9M	Reduce -4.4%
INDB Independent Bank Corp.	0.98%	293,736	$18.4M	Add +68.6%
STAG Stag Industrial Inc.	0.93%	483,550	$17.5M	Reduce -3.7%
PFGC Performance Food Group Co.	0.92%	220,573	$17.3M	Reduce -4.5%
NSA National Storage Affiliates	0.91%	434,065	$17.1M	Add +13.0%
VIAV Viavi Solutions Inc.	0.90%	1,516,435	$17.0M	Reduce -4.4%
FIBK First Interstate Bancsys-A	0.89%	587,612	$16.8M	Reduce -3.7%
HLIT Harmonic Inc.	0.89%	1,750,844	$16.8M	Reduce -4.5%
ALL Allstate Corp.	0.88%	80,248	$16.6M	Reduce -19.9%
CACI Caci International Inc. Class A	0.86%	43,879	$16.1M	Reduce -4.6%
MUSA Murphy USA Inc.	0.84%	33,812	$15.9M	Reduce -35.8%
AXTA Axalta Coating Systems Ltd.	0.84%	476,903	$15.8M	Reduce -4.0%
IBP Installed Building Products	0.84%	92,080	$15.8M	Add +36.0%
HXL Hexcel Corp.	0.84%	287,367	$15.7M	Reduce -3.9%
VMI Valmont Industries	0.83%	54,664	$15.6M	Reduce -4.3%
RGA Reinsurance Group of America	0.83%	79,126	$15.6M	Add +17.3%
THS Treehouse Foods Inc.	0.82%	568,636	$15.4M	Reduce -3.5%
GNTX Gentex Corp.	0.82%	658,292	$15.3M	Reduce -3.5%
MTG Mgic Investment Corp.	0.82%	618,972	$15.3M	Reduce -4.5%
EXLS Exlservice Holdings Inc.	0.81%	323,334	$15.3M	Reduce -4.5%
CBT Cabot Corp.	0.80%	181,619	$15.1M	Add +13.3%
VLY Valley National Bancorp	0.80%	1,696,737	$15.1M	Reduce -3.6%
ITT Itt Inc.	0.80%	116,658	$15.1M	Reduce -27.8%
KFY Korn Ferry	0.80%	221,424	$15.0M	Reduce -4.4%
DORM Dorman Products Inc.	0.80%	124,118	$15.0M	Reduce -4.5%
NBHC National Bank Hold Class A	0.79%	390,439	$14.9M	Add +12.0%
VOYA Voya Financial Inc.	0.78%	217,880	$14.8M	Reduce -3.5%
COR Cencora Inc.	0.77%	52,253	$14.5M	Reduce -3.4%
CDP Copt Defense Properties	0.76%	520,901	$14.2M	Reduce -3.7%
IDA Idacorp Inc.	0.75%	121,414	$14.1M	Reduce -4.4%
TSN Tyson Foods Inc. Class A	0.74%	219,454	$14.0M	Reduce -3.4%
G Genpact Ltd.	0.74%	276,799	$13.9M	Reduce -3.4%
KEYS Keysight Technologies Inc.	0.74%	92,945	$13.9M	Add +6.3%
WTW Willis Towers Watson PLC	0.72%	40,265	$13.6M	Reduce -3.4%
WEC WEC Energy Group Inc.	0.72%	124,376	$13.6M	Reduce -13.1%
FAF First American Financial	0.72%	205,762	$13.5M	Reduce -4.3%
OPCH Option Care Health Inc.	0.72%	385,673	$13.5M	Reduce -4.0%
AIG American International Group	0.71%	154,305	$13.4M	Reduce -9.8%
DTE DTE Energy Company	0.70%	94,770	$13.1M	Reduce -3.8%
AER Aercap Holdings NV	0.70%	128,246	$13.1M	Reduce -3.4%
LDOS Leidos Holdings Inc.	0.69%	96,346	$13.0M	Reduce -3.4%
LH Labcorp Holdings Inc.	0.68%	54,730	$12.7M	Reduce -3.4%
WCC Wesco International Inc.	0.66%	80,306	$12.5M	Reduce -3.4%
ASB Associated Banc-Corp.	0.66%	547,958	$12.3M	New
EPAC Enerpac Tool Group Corp.	0.64%	266,541	$12.0M	Reduce -4.4%
GMED Globus Medical Inc. Class A	0.63%	162,852	$11.9M	Reduce -25.2%
LKQ LKQ Corp.	0.63%	278,868	$11.9M	Add +13.1%
MAA Mid-America Apartment Comm	0.61%	68,959	$11.6M	Reduce -3.4%
SLGN Silgan Holdings Inc.	0.61%	224,517	$11.5M	Add +40.1%
CIVI Civitas Resources Inc.	0.61%	327,439	$11.4M	Reduce -3.5%
PTC PTC Inc.	0.60%	73,030	$11.3M	Add +15.1%
WHD Cactus Inc. Class A	0.60%	245,050	$11.2M	Reduce -4.6%
SLAB Silicon Laboratories Inc.	0.58%	97,176	$10.9M	Add +17.3%
ZBH Zimmer Biomet Holdings Inc.	0.57%	94,287	$10.7M	Reduce -3.4%
NI Nisource Inc.	0.57%	266,023	$10.7M	Reduce -16.7%
XEL Xcel Energy Inc.	0.55%	146,635	$10.4M	New
GPN Global Payments Inc.	0.55%	105,300	$10.3M	Reduce -3.4%
HOLX Hologic Inc.	0.55%	166,615	$10.3M	Add +20.4%
UVSP Univest Financial Corp.	0.54%	360,025	$10.2M	Reduce -4.2%
EVRG Evergy Inc.	0.54%	147,329	$10.2M	Add +17.0%
ETR Entergy Corp.	0.53%	116,924	$10.0M	Reduce -47.3%
WAB Wabtec Corp.	0.53%	55,058	$10.0M	Reduce -3.4%
CTRA Coterra Energy Inc.	0.53%	344,217	$9.9M	Reduce -3.4%
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC	0.52%	272,094	$9.8M	Reduce -4.5%
AKAM Akamai Technologies Inc.	0.51%	118,543	$9.5M	Reduce -3.4%
CNP Centerpoint Energy Inc.	0.50%	260,410	$9.4M	Reduce -3.4%
CHCO City Holding Co. filed as CITY HLDG CO	0.49%	79,015	$9.3M	Reduce -4.3%
BKH Black Hills Corp.	0.49%	152,030	$9.2M	Reduce -3.6%
ALLY Ally Financial Inc.	0.49%	252,149	$9.2M	New
NVST Envista Holdings Corp.	0.49%	529,112	$9.1M	Reduce -3.8%
ESS Essex Property Trust Inc.	0.48%	29,316	$9.0M	Reduce -3.4%
PH Parker Hannifin Corp.	0.47%	14,662	$8.9M	Reduce -22.2%
HAS Hasbro Inc.	0.47%	143,884	$8.8M	Reduce -3.4%
GPI Group 1 Automotive Inc.	0.47%	22,958	$8.8M	New
FANG Diamondback Energy Inc.	0.47%	54,796	$8.8M	Add +4.5%
CAKE The Cheesecake Factory Inc.	0.46%	179,431	$8.7M	Reduce -16.1%
DOV Dover Corp.	0.46%	49,284	$8.7M	Reduce -14.0%
SR Spire Inc.	0.46%	109,926	$8.6M	Reduce -4.2%
IART Integra Lifesciences Holding	0.45%	388,748	$8.5M	Reduce -4.1%
XPRO Expro Group Holdings NV	0.45%	848,737	$8.4M	Add +50.6%
AMP Ameriprise Financial Inc.	0.44%	17,174	$8.3M	Reduce -3.4%
BALL Ball Corp.	0.43%	156,433	$8.1M	New
MZTI The Marzetti Company filed as LANCASTER COLONY CORP	0.43%	46,084	$8.1M	Reduce -4.4%
LW Lamb Weston Holdings Inc.	0.43%	151,197	$8.1M	Reduce -3.4%
CASY Casey's General Stores Inc.	0.43%	18,538	$8.0M	Reduce -3.3%
EXP Eagle Materials Inc.	0.42%	35,877	$8.0M	New
QRVO Qorvo Inc.	0.42%	109,632	$7.9M	Reduce -3.3%
BDC Belden Inc.	0.42%	79,025	$7.9M	Add +16.5%
EPAM Epam Systems Inc.	0.41%	45,968	$7.8M	Add +21.4%
WABC Westamerica Bancorporation	0.41%	152,442	$7.7M	Reduce -3.7%
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW	0.41%	394,793	$7.6M	Add +356.0%
COLM Columbia Sportswear Co.	0.41%	100,694	$7.6M	Reduce -3.4%
SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD	0.40%	279,366	$7.4M	Reduce -3.7%
LHX L3HARRIS Technologies Inc.	0.39%	35,312	$7.4M	Add +7.0%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA	0.39%	94,080	$7.3M	Reduce -3.4%
IOSP Innospec Inc.	0.39%	76,439	$7.2M	Reduce -4.5%
QDEL Quidelortho Corp.	0.38%	205,963	$7.2M	Reduce -3.5%
NGVT Ingevity Corp.	0.38%	181,523	$7.2M	Reduce -4.1%
SNA Snap-on Inc.	0.38%	21,316	$7.2M	Reduce -3.4%
WBS Webster Financial Corp.	0.38%	138,885	$7.2M	Reduce -3.4%
ARE Alexandria Real Estate Equit	0.38%	76,814	$7.1M	Reduce -3.4%
ARMK Aramark	0.37%	202,259	$7.0M	Reduce -3.4%
DAR Darling Ingredients Inc.	0.37%	222,822	$7.0M	Reduce -3.4%
AZEK The Azek Co. Inc.	0.37%	142,314	$7.0M	Reduce -4.5%
ROG Rogers Corp.	0.37%	102,922	$7.0M	Reduce -3.5%
FFIV F5 Inc.	0.36%	25,696	$6.8M	Reduce -49.1%
CIM Chimera Investment Corp.	0.36%	524,636	$6.7M	Reduce -3.6%
OI O-I Glass Inc.	0.36%	584,261	$6.7M	Reduce -4.0%
STZ Constellation Brands Inc. Class A	0.34%	34,549	$6.3M	Reduce -3.4%
COHU Cohu Inc.	0.33%	426,531	$6.3M	Add +61.0%
URBN Urban Outfitters Inc.	0.33%	117,562	$6.2M	Reduce -60.9%
NVRI Enviri Corp.	0.29%	814,383	$5.4M	Reduce -3.5%
DLTR Dollar Tree Inc.	0.23%	58,598	$4.4M	Reduce -3.4%
HUM Humana Inc.	0.23%	16,318	$4.3M	Reduce -3.4%
BWA Borgwarner Inc.	0.21%	141,162	$4.0M	Reduce -3.4%
YETI Yeti Holdings Inc. filed as YETI HLDGS INC	0.20%	111,464	$3.7M	Reduce -3.6%
HST Host Hotels & Resorts Inc.	0.18%	234,515	$3.3M	Reduce -3.4%
MGPI MGP Ingredients Inc.	0.12%	75,448	$2.2M	Reduce -3.6%
HAIN Hain Celestial Group Inc.	0.08%	370,975	$1.5M	Reduce -3.4%
IWS iShares Russell Mid-Cap Valu	0.02%	2,757	$347K	No change

Portfolio Sells Q4 2024 → Q1 2025


ALTM Arcadium Lithium PLC	Sold out	0.00%	−0.51
DFS Discover Financial Services	Sold out	0.00%	−0.50
URBN Urban Outfitters Inc.	Reduce -60.9%	0.33%	−0.49
MUSA Murphy USA Inc.	Reduce -35.8%	0.84%	−0.47
FMC FMC Corp.	Sold out	0.00%	−0.44
BERY Berry Global Group Inc.	Sold out	0.00%	−0.41
RRX Regal Rexnord Corp.	Reduce -3.8%	1.16%	−0.38
CHX Championx Corp.	Reduce -36.0%	1.07%	−0.36
INGR Ingredion Inc.	Reduce -27.7%	1.12%	−0.35
ITT Itt Inc.	Reduce -27.8%	0.80%	−0.35
CLH Clean Harbors Inc.	Reduce -8.5%	1.66%	−0.32
HLIT Harmonic Inc.	Reduce -4.5%	0.89%	−0.31
ETR Entergy Corp.	Reduce -47.3%	0.53%	−0.31
FFIV F5 Inc.	Reduce -49.1%	0.36%	−0.27
GMED Globus Medical Inc. Class A	Reduce -25.2%	0.63%	−0.26
SHOO Steven Madden Ltd.	Reduce -3.7%	0.40%	−0.22
THS Treehouse Foods Inc.	Reduce -3.5%	0.82%	−0.21
ROG Rogers Corp.	Reduce -3.5%	0.37%	−0.17
CIVI Civitas Resources Inc.	Reduce -3.5%	0.61%	−0.17
GNTX Gentex Corp.	Reduce -3.5%	0.82%	−0.16
CRI Carter's Inc.	Sold out	0.00%	−0.16
WHD Cactus Inc. Class A	Reduce -4.6%	0.60%	−0.15
SMG Scotts Miracle-Gro Co.	Sold out	0.00%	−0.15
SXI Standex International Corp.	Reduce -4.4%	1.01%	−0.14
WTFC Wintrust Financial Corp.	Reduce -4.4%	1.47%	−0.13
BWXT BWX Technologies Inc.	Sold out	0.00%	−0.13
PH Parker Hannifin Corp.	Reduce -22.2%	0.47%	−0.12
AEO American Eagle Outfitters	Sold out	0.00%	−0.12
GTES Gates Industrial Corp. UK Ltd.	Reduce -4.3%	1.17%	−0.11
HXL Hexcel Corp.	Reduce -3.9%	0.84%	−0.10
LW Lamb Weston Holdings Inc.	Reduce -3.4%	0.43%	−0.09
FIBK First Interstate Bancsys-A	Reduce -3.7%	0.89%	−0.09
QDEL Quidelortho Corp.	Reduce -3.5%	0.38%	−0.09
PNFP Pinnacle Financial Partners	Reduce -4.2%	1.66%	−0.09
WCC Wesco International Inc.	Reduce -3.4%	0.66%	−0.09
CDP Copt Defense Properties	Reduce -3.7%	0.76%	−0.08
ALL Allstate Corp.	Reduce -19.9%	0.88%	−0.08
AKAM Akamai Technologies Inc.	Reduce -3.4%	0.51%	−0.08
COLB Columbia Banking System Inc.	Reduce -4.3%	1.28%	−0.08
DOV Dover Corp.	Reduce -14.0%	0.46%	−0.08
CACI Caci International Inc. Class A	Reduce -4.6%	0.86%	−0.07
GPN Global Payments Inc.	Reduce -3.4%	0.55%	−0.06
STZ Constellation Brands Inc. Class A	Reduce -3.4%	0.34%	−0.06
IOSP Innospec Inc.	Reduce -4.5%	0.39%	−0.05
PFGC Performance Food Group Co.	Reduce -4.5%	0.92%	−0.05
NPO Enpro Inc.	Reduce -4.5%	1.02%	−0.05
VMI Valmont Industries	Reduce -4.3%	0.83%	−0.04
DORM Dorman Products Inc.	Reduce -4.5%	0.80%	−0.04
NVST Envista Holdings Corp.	Reduce -3.8%	0.49%	−0.04
CAKE The Cheesecake Factory Inc.	Reduce -16.1%	0.46%	−0.04

Portfolio Buys Q4 2024 → Q1 2025


IWN iShares Russell 2000 Value E	Add +423.2%	1.09%	+0.88
ASB Associated Banc-Corp.	New	0.66%	+0.66
XEL Xcel Energy Inc.	New	0.55%	+0.55
ALLY Ally Financial Inc.	New	0.49%	+0.49
GPI Group 1 Automotive Inc.	New	0.47%	+0.47
BALL Ball Corp.	New	0.43%	+0.43
EXP Eagle Materials Inc.	New	0.42%	+0.42
INDB Independent Bank Corp.	Add +68.6%	0.98%	+0.42
CTO Cto Realty Growth Inc.	Add +356.0%	0.41%	+0.32
IBP Installed Building Products	Add +36.0%	0.84%	+0.25
POR Portland General Electric Co.	Add +7.8%	1.31%	+0.20
SLGN Silgan Holdings Inc.	Add +40.1%	0.61%	+0.19
NSA National Storage Affiliates	Add +13.0%	0.91%	+0.18
LKQ LKQ Corp.	Add +13.1%	0.63%	+0.18
STWD Starwood Property Trust Inc.	Add +1.2%	1.39%	+0.16
EVRG Evergy Inc.	Add +17.0%	0.54%	+0.15
RGA Reinsurance Group of America	Add +17.3%	0.83%	+0.11
XPRO Expro Group Holdings NV	Add +50.6%	0.45%	+0.10
CBT Cabot Corp.	Add +13.3%	0.80%	+0.07
SLAB Silicon Laboratories Inc.	Add +17.3%	0.58%	+0.07
HOLX Hologic Inc.	Add +20.4%	0.55%	+0.05
LHX L3HARRIS Technologies Inc.	Add +7.0%	0.39%	+0.05
NBHC National Bank Hold Class A	Add +12.0%	0.79%	+0.05
BDC Belden Inc.	Add +16.5%	0.42%	+0.04
KEYS Keysight Technologies Inc.	Add +6.3%	0.74%	+0.04
FANG Diamondback Energy Inc.	Add +4.5%	0.47%	+0.04
LITE Lumentum Holdings Inc.	Add +28.6%	1.49%	+0.03
PTC PTC Inc.	Add +15.1%	0.60%	+0.02
COHU Cohu Inc.	Add +61.0%	0.33%	−0.02
EPAM Epam Systems Inc.	Add +21.4%	0.41%	−0.03

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	140	$2.2B	ROG, RRX, VIAV, CLH, NPO
Q1 2026	142	$2.0B	VIAV, PR, RRX, CLH, EHC
Q4 2025	141	$2.0B	LITE, FHN, EHC, CLH, RRX
Q3 2025	142	$2.0B	LITE, EHC, FHN, CLH, NMRK
Q2 2025	141	$1.9B	LITE, EHC, FHN, CLH, PNFP
Q1 2025	143	$1.9B	EHC, FHN, ADC, PNFP, CLH
Q4 2024	145	$2.0B	EHC, CLH, FHN, PNFP, ADC
Q3 2024	145	$2.2B	CLH, EHC, ADC, RRX, CHX
Q2 2024	145	$2.2B	CLH, EHC, PR, FHN, RRX
Q1 2024	146	$2.3B	CLH, EHC, RRX, PR, FHN