Leeward Investments, LLC - MA

Name: Leeward Investments, LLC - MA 13F holdings, Q2 2025
Creator: Leeward Investments, LLC - MA
Published: 2025-07-31

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

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Leeward Investments, LLC - MA reported 141 stock positions worth $1.9 billion. Its top holding was Lumentum (LITE) at 2.6% of the portfolio, followed by Encompass Health (EHC, 2.3%) and First Horizon (FHN, 2.0%). Compared with Q1 2025, it opened 2 new positions, sold out of 4, added to 25 and reduced 114. The biggest buy was Lumentum (LITE, shares +15%) and the biggest sale Portland General Electric (POR, shares −56%).

Most Recent 13F: Q2 2026
Location: BOSTON, MA
CIK: 0001923173
Portfolio Value: $1.9B (Q2 2025)
SEC Filing: 0001085146-25-004377 ↗ filed Jul 31, 2025

Holdings Value

Holdings 141 stocks · $1.9B


LITE Lumentum Holdings Inc.	2.61%	516,431	$49.1M	Add +14.8%
EHC Encompass Health Corp.	2.29%	351,121	$43.1M	Reduce -18.8%
FHN First Horizon Corp.	2.00%	1,775,903	$37.6M	Reduce -3.0%
CLH Clean Harbors Inc.	1.89%	153,526	$35.5M	Reduce -2.8%
PNFP Pinnacle Financial Partners	1.68%	285,333	$31.5M	Reduce -3.1%
ADC Agree Realty Corp.	1.66%	426,070	$31.1M	Reduce -6.2%
WTFC Wintrust Financial Corp.	1.56%	236,694	$29.3M	Reduce -3.5%
RRX Regal Rexnord Corp.	1.43%	185,875	$26.9M	Reduce -2.8%
PR Permian Resources Corp. Class A	1.43%	1,968,705	$26.8M	Reduce -1.1%
GTES Gates Industrial Corp. UK Ltd.	1.41%	1,148,212	$26.4M	Reduce -3.7%
STWD Starwood Property Trust Inc.	1.37%	1,279,482	$25.7M	Reduce -3.4%
PBH Prestige Consumer Healthcare	1.37%	321,244	$25.7M	Reduce -10.7%
HURN Huron Consulting Group Inc.	1.28%	175,275	$24.1M	Reduce -11.1%
NMRK Newmark Group Inc. Class A	1.20%	1,847,999	$22.5M	Add +9.4%
NPO Enpro Inc.	1.16%	113,973	$21.8M	Reduce -3.5%
COLB Columbia Banking System Inc.	1.16%	929,518	$21.7M	Reduce -3.7%
IWN iShares Russell 2000 Value E	1.10%	131,568	$20.8M	Reduce -3.4%
VVV Valvoline Inc.	1.10%	545,600	$20.7M	Reduce -0.8%
INGR Ingredion Inc.	1.09%	150,772	$20.4M	Reduce -3.0%
ONB Old National Bancorp	1.09%	955,572	$20.4M	Reduce -3.7%
CACI Caci International Inc. Class A	1.07%	42,296	$20.2M	Reduce -3.6%
IDA Idacorp Inc.	1.06%	172,134	$19.9M	Add +41.8%
VMI Valmont Industries	1.05%	60,598	$19.8M	Add +10.9%
FIBK First Interstate Bancsys-A	1.02%	666,886	$19.2M	Add +13.5%
ASB Associated Banc-Corp.	0.99%	765,504	$18.7M	Add +39.7%
VOYA Voya Financial Inc.	0.96%	255,114	$18.1M	Add +17.1%
KEYS Keysight Technologies Inc.	0.94%	108,088	$17.7M	Add +16.3%
SXI Standex International Corp.	0.94%	113,069	$17.7M	Reduce -3.5%
INDB Independent Bank Corp.	0.94%	280,916	$17.7M	Reduce -4.4%
ITT Itt Inc.	0.94%	112,576	$17.7M	Reduce -3.5%
SLAB Silicon Laboratories Inc.	0.92%	117,834	$17.4M	Add +21.3%
NBHC National Bank Hold Class A	0.90%	451,726	$17.0M	Add +15.7%
STAG Stag Industrial Inc.	0.89%	463,089	$16.8M	Reduce -4.2%
MTG Mgic Investment Corp.	0.88%	597,176	$16.6M	Reduce -3.5%
THG Hanover Insurance Group Inc./	0.88%	97,249	$16.5M	Reduce -28.6%
CHX Championx Corp.	0.87%	656,241	$16.3M	Reduce -2.7%
PFGC Performance Food Group Co.	0.87%	186,269	$16.3M	Reduce -15.6%
HLIT Harmonic Inc.	0.85%	1,688,450	$16.0M	Reduce -3.6%
IBP Installed Building Products	0.84%	87,975	$15.9M	Reduce -4.5%
ALL Allstate Corp.	0.84%	78,702	$15.8M	Reduce -1.9%
HXL Hexcel Corp.	0.84%	278,269	$15.7M	Reduce -3.2%
KFY Korn Ferry	0.83%	213,705	$15.7M	Reduce -3.5%
RGA Reinsurance Group of America	0.82%	77,517	$15.4M	Reduce -2.0%
CBT Cabot Corp.	0.81%	203,616	$15.3M	Add +12.1%
VIAV Viavi Solutions Inc.	0.78%	1,463,687	$14.7M	Reduce -3.5%
DORM Dorman Products Inc.	0.78%	119,764	$14.7M	Reduce -3.5%
AER Aercap Holdings NV	0.78%	125,128	$14.6M	Reduce -2.4%
WCC Wesco International Inc.	0.77%	78,382	$14.5M	Reduce -2.4%
VLY Valley National Bancorp	0.77%	1,624,900	$14.5M	Reduce -4.2%
GNTX Gentex Corp.	0.74%	634,630	$14.0M	Reduce -3.6%
CDP Copt Defense Properties	0.73%	498,782	$13.8M	Reduce -4.3%
EXLS Exlservice Holdings Inc.	0.73%	312,084	$13.7M	Reduce -3.5%
PTC PTC Inc.	0.72%	78,488	$13.5M	Add +7.5%
NSA National Storage Affiliates	0.71%	415,353	$13.3M	Reduce -4.3%
MUSA Murphy USA Inc.	0.70%	32,526	$13.2M	Reduce -3.8%
LH Labcorp Holdings Inc.	0.69%	49,675	$13.0M	Reduce -9.2%
AIG American International Group	0.69%	151,870	$13.0M	Reduce -1.6%
WHD Cactus Inc. Class A	0.65%	278,651	$12.2M	Add +13.7%
FAF First American Financial	0.65%	198,165	$12.2M	Reduce -3.7%
WTW Willis Towers Watson PLC	0.64%	39,382	$12.1M	Reduce -2.2%
OPCH Option Care Health Inc.	0.64%	371,365	$12.1M	Reduce -3.7%
COR Cencora Inc.	0.63%	39,531	$11.9M	Reduce -24.4%
SLGN Silgan Holdings Inc.	0.62%	216,536	$11.7M	Reduce -3.5%
WBS Webster Financial Corp.	0.62%	214,241	$11.7M	Add +54.3%
DTE DTE Energy Company	0.61%	87,172	$11.5M	Reduce -8.0%
WAB Wabtec Corp.	0.60%	53,630	$11.2M	Reduce -2.6%
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC	0.59%	262,529	$11.1M	Reduce -3.5%
EVR Evercore Inc. Class A	0.59%	40,987	$11.1M	New
TSN Tyson Foods Inc. Class A	0.59%	197,290	$11.0M	Reduce -10.1%
WEC WEC Energy Group Inc.	0.58%	105,430	$11.0M	Reduce -15.2%
HOLX Hologic Inc.	0.57%	163,443	$10.6M	Reduce -1.9%
G Genpact Ltd.	0.56%	239,082	$10.5M	Reduce -13.6%
NI Nisource Inc.	0.56%	260,274	$10.5M	Reduce -2.2%
EPAC Enerpac Tool Group Corp.	0.56%	257,114	$10.4M	Reduce -3.5%
UVSP Univest Financial Corp.	0.55%	346,897	$10.4M	Reduce -3.6%
HAS Hasbro Inc.	0.55%	140,501	$10.4M	Reduce -2.4%
ARMK Aramark	0.54%	242,407	$10.1M	Add +19.9%
LKQ LKQ Corp.	0.54%	273,442	$10.1M	Reduce -1.9%
PH Parker Hannifin Corp.	0.54%	14,405	$10.1M	Reduce -1.8%
MAA Mid-America Apartment Comm	0.53%	67,722	$10.0M	Reduce -1.8%
NVST Envista Holdings Corp.	0.53%	512,042	$10.0M	Reduce -3.2%
POR Portland General Electric Co.	0.53%	245,930	$10.0M	Reduce -55.5%
ALLY Ally Financial Inc.	0.53%	256,315	$10.0M	Add +1.6%
EVRG Evergy Inc.	0.53%	143,966	$9.9M	Reduce -2.3%
AXTA Axalta Coating Systems Ltd.	0.52%	332,163	$9.9M	Reduce -30.4%
XEL Xcel Energy Inc.	0.52%	144,065	$9.8M	Reduce -1.8%
GPI Group 1 Automotive Inc.	0.51%	22,001	$9.6M	Reduce -4.2%
ETR Entergy Corp.	0.51%	115,085	$9.6M	Reduce -1.6%
EPAM Epam Systems Inc.	0.51%	53,725	$9.5M	Add +16.9%
CNP Centerpoint Energy Inc.	0.50%	256,024	$9.4M	Reduce -1.7%
CHCO City Holding Co. filed as CITY HLDG CO	0.50%	76,097	$9.3M	Reduce -3.7%
GMED Globus Medical Inc. Class A	0.49%	156,706	$9.2M	Reduce -3.8%
AKAM Akamai Technologies Inc.	0.49%	115,740	$9.2M	Reduce -2.4%
ADUS Addus Homecare Corp.	0.49%	79,453	$9.2M	New
QRVO Qorvo Inc.	0.48%	107,044	$9.1M	Reduce -2.4%
AMP Ameriprise Financial Inc.	0.48%	16,837	$9.0M	Reduce -2.0%
EXP Eagle Materials Inc.	0.48%	44,235	$8.9M	Add +23.3%
DOV Dover Corp.	0.47%	48,474	$8.9M	Reduce -1.6%
BDC Belden Inc.	0.47%	76,170	$8.8M	Reduce -3.6%
ZBH Zimmer Biomet Holdings Inc.	0.47%	96,140	$8.8M	Add +2.0%
COHU Cohu Inc.	0.46%	452,985	$8.7M	Add +6.2%
LHX L3HARRIS Technologies Inc.	0.46%	34,672	$8.7M	Reduce -1.8%
FANG Diamondback Energy Inc.	0.46%	63,208	$8.7M	Add +15.3%
DAR Darling Ingredients Inc.	0.46%	227,216	$8.6M	Add +2.0%
ESS Essex Property Trust Inc.	0.46%	30,408	$8.6M	Add +3.7%
CIVI Civitas Resources Inc.	0.46%	312,779	$8.6M	Reduce -4.5%
BALL Ball Corp.	0.46%	153,257	$8.6M	Reduce -2.0%
CTRA Coterra Energy Inc.	0.45%	336,104	$8.5M	Reduce -2.4%
ROG Rogers Corp.	0.45%	123,448	$8.5M	Add +19.9%
OI O-I Glass Inc.	0.44%	562,638	$8.3M	Reduce -3.7%
URBN Urban Outfitters Inc.	0.44%	113,346	$8.2M	Reduce -3.6%
BKH Black Hills Corp.	0.43%	145,561	$8.2M	Reduce -4.3%
LDOS Leidos Holdings Inc.	0.42%	49,515	$7.8M	Reduce -48.6%
SR Spire Inc.	0.41%	105,837	$7.7M	Reduce -3.7%
CASY Casey's General Stores Inc.	0.41%	15,120	$7.7M	Reduce -18.4%
LW Lamb Weston Holdings Inc.	0.41%	148,125	$7.7M	Reduce -2.0%
MZTI The Marzetti Company filed as LANCASTER COLONY CORP	0.41%	44,449	$7.7M	Reduce -3.5%
NGVT Ingevity Corp.	0.40%	174,783	$7.5M	Reduce -3.7%
FFIV F5 Inc.	0.40%	25,346	$7.5M	Reduce -1.4%
WABC Westamerica Bancorporation	0.38%	145,870	$7.1M	Reduce -4.3%
CAKE The Cheesecake Factory Inc.	0.37%	112,196	$7.0M	Reduce -37.5%
CIM Chimera Investment Corp.	0.37%	502,430	$7.0M	Reduce -4.2%
XPRO Expro Group Holdings NV	0.37%	810,297	$7.0M	Reduce -4.5%
NVRI Enviri Corp.	0.36%	779,393	$6.8M	Reduce -4.3%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA	0.36%	91,790	$6.8M	Reduce -2.4%
THS Treehouse Foods Inc.	0.35%	338,565	$6.6M	Reduce -40.5%
SNA Snap-on Inc.	0.35%	21,064	$6.6M	Reduce -1.2%
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW	0.35%	377,137	$6.5M	Reduce -4.5%
SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD	0.34%	267,311	$6.4M	Reduce -4.3%
IOSP Innospec Inc.	0.33%	73,734	$6.2M	Reduce -3.5%
COLM Columbia Sportswear Co.	0.32%	98,294	$6.0M	Reduce -2.4%
QDEL Quidelortho Corp.	0.30%	197,066	$5.7M	Reduce -4.3%
DLTR Dollar Tree Inc.	0.30%	57,259	$5.7M	Reduce -2.3%
STZ Constellation Brands Inc. Class A	0.29%	33,703	$5.5M	Reduce -2.5%
ARE Alexandria Real Estate Equit	0.29%	74,937	$5.4M	Reduce -2.4%
HST Host Hotels & Resorts Inc.	0.29%	350,610	$5.4M	Add +49.5%
BWA Borgwarner Inc.	0.25%	137,730	$4.6M	Reduce -2.4%
IART Integra Lifesciences Holding	0.24%	374,809	$4.6M	Reduce -3.6%
HUM Humana Inc.	0.21%	16,020	$3.9M	Reduce -1.8%
YETI Yeti Holdings Inc. filed as YETI HLDGS INC	0.18%	106,664	$3.4M	Reduce -4.3%
MGPI MGP Ingredients Inc.	0.12%	72,190	$2.2M	Reduce -4.3%

Portfolio Sells Q1 2025 → Q2 2025


POR Portland General Electric Co.	Reduce -55.5%	0.53%	−0.78
GPN Global Payments Inc.	Sold out	0.00%	−0.55
THS Treehouse Foods Inc.	Reduce -40.5%	0.35%	−0.47
THG Hanover Insurance Group Inc./	Reduce -28.6%	0.88%	−0.38
AZEK The Azek Co. Inc.	Sold out	0.00%	−0.37
AXTA Axalta Coating Systems Ltd.	Reduce -30.4%	0.52%	−0.32
PBH Prestige Consumer Healthcare	Reduce -10.7%	1.37%	−0.28
LDOS Leidos Holdings Inc.	Reduce -48.6%	0.42%	−0.28
HURN Huron Consulting Group Inc.	Reduce -11.1%	1.28%	−0.22
IART Integra Lifesciences Holding	Reduce -3.6%	0.24%	−0.21
ADC Agree Realty Corp.	Reduce -6.2%	1.66%	−0.21
NSA National Storage Affiliates	Reduce -4.3%	0.71%	−0.20
CHX Championx Corp.	Reduce -2.7%	0.87%	−0.20
G Genpact Ltd.	Reduce -13.6%	0.56%	−0.18
TSN Tyson Foods Inc. Class A	Reduce -10.1%	0.59%	−0.16
CIVI Civitas Resources Inc.	Reduce -4.5%	0.46%	−0.15
COR Cencora Inc.	Reduce -24.4%	0.63%	−0.14
GMED Globus Medical Inc. Class A	Reduce -3.8%	0.49%	−0.14
MUSA Murphy USA Inc.	Reduce -3.8%	0.70%	−0.14
WEC WEC Energy Group Inc.	Reduce -15.2%	0.58%	−0.14
COLB Columbia Banking System Inc.	Reduce -3.7%	1.16%	−0.12
VIAV Viavi Solutions Inc.	Reduce -3.5%	0.78%	−0.12
LKQ LKQ Corp.	Reduce -1.9%	0.54%	−0.09
CAKE The Cheesecake Factory Inc.	Reduce -37.5%	0.37%	−0.09
ARE Alexandria Real Estate Equit	Reduce -2.4%	0.29%	−0.09
COLM Columbia Sportswear Co.	Reduce -2.4%	0.32%	−0.09
EXLS Exlservice Holdings Inc.	Reduce -3.5%	0.73%	−0.08
DTE DTE Energy Company	Reduce -8.0%	0.61%	−0.08
HAIN Hain Celestial Group Inc.	Sold out	0.00%	−0.08
WTW Willis Towers Watson PLC	Reduce -2.2%	0.64%	−0.08
MAA Mid-America Apartment Comm	Reduce -1.8%	0.53%	−0.08
QDEL Quidelortho Corp.	Reduce -4.3%	0.30%	−0.08
EPAC Enerpac Tool Group Corp.	Reduce -3.5%	0.56%	−0.08
XPRO Expro Group Holdings NV	Reduce -4.5%	0.37%	−0.08
CTRA Coterra Energy Inc.	Reduce -2.4%	0.45%	−0.07
OPCH Option Care Health Inc.	Reduce -3.7%	0.64%	−0.07
GNTX Gentex Corp.	Reduce -3.6%	0.74%	−0.07
FAF First American Financial	Reduce -3.7%	0.65%	−0.07
SXI Standex International Corp.	Reduce -3.5%	0.94%	−0.06
CTO Cto Realty Growth Inc.	Reduce -4.5%	0.35%	−0.06
BKH Black Hills Corp.	Reduce -4.3%	0.43%	−0.06
IOSP Innospec Inc.	Reduce -3.5%	0.33%	−0.06
PFGC Performance Food Group Co.	Reduce -15.6%	0.87%	−0.05
SHOO Steven Madden Ltd.	Reduce -4.3%	0.34%	−0.05
SR Spire Inc.	Reduce -3.7%	0.41%	−0.05
STZ Constellation Brands Inc. Class A	Reduce -2.5%	0.29%	−0.05
HLIT Harmonic Inc.	Reduce -3.6%	0.85%	−0.04
ALL Allstate Corp.	Reduce -1.9%	0.84%	−0.04
PR Permian Resources Corp. Class A	Reduce -1.1%	1.43%	−0.04
INDB Independent Bank Corp.	Reduce -4.4%	0.94%	−0.04

Portfolio Buys Q1 2025 → Q2 2025


LITE Lumentum Holdings Inc.	Add +14.8%	2.61%	+1.12
EVR Evercore Inc. Class A	New	0.59%	+0.59
ADUS Addus Homecare Corp.	New	0.49%	+0.49
SLAB Silicon Laboratories Inc.	Add +21.3%	0.92%	+0.34
ASB Associated Banc-Corp.	Add +39.7%	0.99%	+0.34
IDA Idacorp Inc.	Add +41.8%	1.06%	+0.31
WBS Webster Financial Corp.	Add +54.3%	0.62%	+0.24
VMI Valmont Industries	Add +10.9%	1.05%	+0.22
KEYS Keysight Technologies Inc.	Add +16.3%	0.94%	+0.20
VOYA Voya Financial Inc.	Add +17.1%	0.96%	+0.18
ARMK Aramark	Add +19.9%	0.54%	+0.17
COHU Cohu Inc.	Add +6.2%	0.46%	+0.13
FIBK First Interstate Bancsys-A	Add +13.5%	1.02%	+0.13
PTC PTC Inc.	Add +7.5%	0.72%	+0.12
NBHC National Bank Hold Class A	Add +15.7%	0.90%	+0.11
HST Host Hotels & Resorts Inc.	Add +49.5%	0.29%	+0.11
NMRK Newmark Group Inc. Class A	Add +9.4%	1.20%	+0.10
EPAM Epam Systems Inc.	Add +16.9%	0.51%	+0.09
DAR Darling Ingredients Inc.	Add +2.0%	0.46%	+0.09
ROG Rogers Corp.	Add +19.9%	0.45%	+0.08
EXP Eagle Materials Inc.	Add +23.3%	0.48%	+0.05
WHD Cactus Inc. Class A	Add +13.7%	0.65%	+0.05
ALLY Ally Financial Inc.	Add +1.6%	0.53%	+0.04
CBT Cabot Corp.	Add +12.1%	0.81%	+0.01
FANG Diamondback Energy Inc.	Add +15.3%	0.46%	−0.00
ESS Essex Property Trust Inc.	Add +3.7%	0.46%	−0.02
ZBH Zimmer Biomet Holdings Inc.	Add +2.0%	0.47%	−0.10

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