Leeward Investments, LLC - MA

Name: Leeward Investments, LLC - MA 13F holdings, Q4 2025
Creator: Leeward Investments, LLC - MA
Published: 2026-02-05

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

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 5, 2026), Leeward Investments, LLC - MA reported 141 stock positions worth $2.0 billion. Its top holding was Lumentum (LITE) at 2.1% of the portfolio, followed by First Horizon (FHN, 2.0%) and Encompass Health (EHC, 1.8%). Compared with Q3 2025, it opened 2 new positions, sold out of 3, added to 27 and reduced 112. The biggest buy was a new position in Agilent Technologies (A) and the biggest sale an exit from Hologic (HOLX).

Most Recent 13F: Q2 2026
Location: BOSTON, MA
CIK: 0001923173
Portfolio Value: $2.0B (Q4 2025)
SEC Filing: 0001923173-26-000001 ↗ filed Feb 5, 2026

Holdings Value

Holdings 141 stocks · $2.0B


LITE Lumentum Holdings Inc.	2.13%	114,278	$42.1M	Reduce -61.4%
FHN First Horizon Corp.	2.02%	1,672,242	$40.0M	Reduce -3.2%
EHC Encompass Health Corp.	1.79%	333,979	$35.4M	Reduce -2.3%
CLH Clean Harbors Inc.	1.72%	144,974	$34.0M	Reduce -2.8%
RRX Regal Rexnord Corp.	1.65%	232,566	$32.6M	Add +28.9%
NMRK Newmark Group Inc. Class A	1.56%	1,782,938	$30.9M	Reduce -1.3%
ADC Agree Realty Corp.	1.48%	404,859	$29.2M	Reduce -2.4%
HURN Huron Consulting Group Inc.	1.47%	168,312	$29.1M	Reduce -1.8%
VIAV Viavi Solutions Inc.	1.45%	1,605,090	$28.6M	Reduce -1.7%
PR Permian Resources Corp. Class A	1.42%	1,997,006	$28.0M	Reduce -2.6%
HXL Hexcel Corp.	1.35%	362,153	$26.8M	Reduce -2.4%
COLB Columbia Banking System Inc.	1.28%	904,709	$25.3M	Reduce -0.5%
AXTA Axalta Coating Systems Ltd.	1.24%	758,718	$24.5M	Add +74.3%
WTFC Wintrust Financial Corp.	1.22%	172,260	$24.1M	Reduce -25.6%
GTES Gates Industrial Corp. UK Ltd.	1.21%	1,117,556	$24.0M	Reduce -0.5%
PBH Prestige Consumer Healthcare	1.21%	387,321	$23.9M	Add +23.3%
NPO Enpro Inc.	1.20%	110,928	$23.8M	Reduce -0.5%
SXI Standex International Corp.	1.19%	108,646	$23.6M	Reduce -1.8%
VMI Valmont Industries	1.19%	58,423	$23.5M	Reduce -1.4%
FIBK First Interstate Bancsys-A	1.14%	649,318	$22.5M	Reduce -0.5%
VLY Valley National Bancorp	1.13%	1,911,465	$22.3M	Add +20.3%
IBP Installed Building Products	1.12%	85,679	$22.2M	Reduce -0.5%
STWD Starwood Property Trust Inc.	1.11%	1,213,296	$21.9M	Reduce -2.5%
CACI Caci International Inc. Class A	1.09%	40,256	$21.4M	Reduce -2.6%
IDA Idacorp Inc.	1.07%	167,451	$21.2M	Reduce -0.5%
ONB Old National Bancorp	1.05%	929,926	$20.7M	Reduce -0.5%
FBK FB Financial Corp. filed as FB FINL CORP	1.04%	369,521	$20.6M	Reduce -0.4%
NBHC National Bank Hold Class A	1.03%	534,211	$20.3M	Add +20.9%
KEYS Keysight Technologies Inc.	1.01%	98,641	$20.0M	Reduce -5.4%
INDB Independent Bank Corp.	1.01%	273,390	$20.0M	Reduce -0.5%
ASB Associated Banc-Corp.	0.97%	744,531	$19.2M	Reduce -0.5%
ITT Itt Inc.	0.95%	108,092	$18.8M	Reduce -1.8%
VOYA Voya Financial Inc.	0.94%	248,484	$18.5M	Reduce -0.5%
WCC Wesco International Inc.	0.88%	71,451	$17.5M	Reduce -5.5%
THG Hanover Insurance Group Inc./	0.88%	94,651	$17.3M	Reduce -0.5%
VVV Valvoline Inc.	0.87%	593,914	$17.3M	Add +11.9%
HLIT Harmonic Inc.	0.87%	1,743,158	$17.2M	Add +5.5%
MTG Mgic Investment Corp.	0.86%	578,571	$16.9M	Reduce -0.9%
STAG Stag Industrial Inc.	0.84%	450,424	$16.6M	Reduce -0.6%
SLAB Silicon Laboratories Inc.	0.84%	126,644	$16.6M	Reduce -0.4%
CDP Copt Defense Properties	0.83%	592,336	$16.5M	Add +21.4%
PFGC Performance Food Group Co.	0.82%	180,424	$16.2M	Reduce -1.0%
INGR Ingredion Inc.	0.80%	143,068	$15.8M	Reduce -2.5%
OPCH Option Care Health Inc.	0.79%	488,416	$15.6M	Add +15.3%
GNTX Gentex Corp.	0.77%	655,756	$15.3M	Reduce -2.2%
CBT Cabot Corp.	0.77%	230,092	$15.3M	Add +15.6%
BDC Belden Inc.	0.77%	130,453	$15.2M	Add +54.5%
GMED Globus Medical Inc. Class A	0.76%	172,641	$15.1M	Add +12.7%
MCHP Microchip Technology Inc.	0.75%	232,160	$14.8M	Add +68.4%
COHU Cohu Inc.	0.73%	621,378	$14.5M	Reduce -0.4%
RGA Reinsurance Group of America	0.73%	70,714	$14.4M	Reduce -5.5%
DORM Dorman Products Inc.	0.73%	116,557	$14.4M	Reduce -0.5%
CIM Chimera Investment Corp.	0.71%	1,129,087	$14.0M	Reduce -0.5%
GPI Group 1 Automotive Inc.	0.71%	35,683	$14.0M	Add +26.9%
KFY Korn Ferry	0.69%	207,810	$13.7M	Reduce -0.6%
NVRI Enviri Corp.	0.69%	758,682	$13.6M	Reduce -0.5%
XPRO Expro Group Holdings NV	0.68%	1,000,687	$13.4M	Reduce -1.3%
ROG Rogers Corp.	0.65%	141,309	$12.9M	Reduce -0.5%
AKAM Akamai Technologies Inc.	0.65%	148,104	$12.9M	Add +32.6%
EXLS Exlservice Holdings Inc.	0.65%	302,409	$12.8M	Reduce -0.9%
MUSA Murphy USA Inc.	0.65%	31,645	$12.8M	Reduce -0.5%
EVR Evercore Inc. Class A	0.64%	37,395	$12.7M	Reduce -5.5%
PTC PTC Inc.	0.63%	71,640	$12.5M	Reduce -5.4%
WBS Webster Financial Corp.	0.63%	196,937	$12.4M	Reduce -4.8%
A Agilent Technologies Inc.	0.62%	90,754	$12.3M	New
WHD Cactus Inc. Class A	0.62%	268,918	$12.3M	Reduce -1.2%
SLB SLB Ltd. filed as SLB LIMITED	0.62%	319,229	$12.3M	Add +13.7%
COR Cencora Inc.	0.62%	36,091	$12.2M	Reduce -5.4%
ADUS Addus Homecare Corp.	0.60%	110,443	$11.9M	Add +5.6%
FAF First American Financial	0.60%	192,726	$11.8M	Reduce -0.6%
DTE DTE Energy Company	0.60%	91,611	$11.8M	Reduce -4.9%
WTW Willis Towers Watson PLC	0.60%	35,910	$11.8M	Reduce -5.5%
POR Portland General Electric Co.	0.58%	239,286	$11.5M	Reduce -0.5%
NSA National Storage Affiliates	0.58%	403,727	$11.4M	Reduce -0.6%
LH Labcorp Holdings Inc.	0.58%	45,346	$11.4M	Reduce -5.4%
ETR Entergy Corp.	0.57%	122,889	$11.4M	Reduce -4.8%
EVRG Evergy Inc.	0.57%	156,034	$11.3M	Reduce -4.9%
SLGN Silgan Holdings Inc.	0.57%	278,822	$11.3M	Reduce -0.5%
DOV Dover Corp.	0.56%	57,159	$11.2M	Add +22.2%
UVSP Univest Financial Corp.	0.56%	337,535	$11.1M	Reduce -0.5%
SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD	0.55%	259,208	$10.8M	Reduce -0.9%
ALLY Ally Financial Inc.	0.54%	235,620	$10.7M	Reduce -4.8%
ARMK Aramark	0.54%	288,034	$10.6M	Reduce -4.9%
NVST Envista Holdings Corp.	0.53%	486,270	$10.6M	Reduce -2.5%
HAS Hasbro Inc.	0.53%	128,068	$10.5M	Reduce -5.5%
IWN iShares Russell 2000 Value E	0.53%	57,786	$10.5M	Reduce -35.5%
WAB Wabtec Corp.	0.53%	48,874	$10.4M	Reduce -5.6%
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC	0.53%	254,362	$10.4M	Reduce -0.9%
G Genpact Ltd.	0.52%	218,189	$10.2M	Reduce -5.4%
LDOS Leidos Holdings Inc.	0.51%	55,899	$10.1M	Reduce -5.1%
NGVT Ingevity Corp.	0.51%	170,116	$10.1M	Reduce -0.5%
EPAM Epam Systems Inc.	0.51%	49,047	$10.0M	Reduce -5.4%
BKH Black Hills Corp.	0.50%	141,580	$9.8M	Reduce -0.6%
PKG Packaging Corp. of America	0.50%	47,561	$9.8M	Reduce -4.8%
SR Spire Inc.	0.49%	118,102	$9.8M	Add +14.1%
EPAC Enerpac Tool Group Corp.	0.48%	249,077	$9.5M	Reduce -0.9%
LHX L3HARRIS Technologies Inc.	0.47%	31,649	$9.3M	Reduce -5.4%
MZTI The Marzetti Company	0.47%	56,459	$9.3M	Add +29.8%
MAA Mid-America Apartment Comm	0.47%	66,568	$9.2M	Add +1.9%
EXP Eagle Materials Inc.	0.47%	44,635	$9.2M	Add +4.5%
CNP Centerpoint Energy Inc.	0.45%	233,739	$9.0M	Reduce -5.4%
CHCO City Holding Co. filed as CITY HLDG CO	0.45%	74,044	$8.8M	Reduce -0.5%
AIG American International Group	0.45%	103,099	$8.8M	Reduce -29.6%
AER Aercap Holdings NV	0.45%	61,336	$8.8M	Reduce -5.0%
ZBH Zimmer Biomet Holdings Inc.	0.44%	97,329	$8.8M	Add +4.9%
FANG Diamondback Energy Inc.	0.44%	57,558	$8.7M	Reduce -5.7%
CTRA Coterra Energy Inc.	0.44%	328,336	$8.6M	Add +1.2%
OWL Blue Owl Capital Inc.	0.43%	575,005	$8.6M	New
ESS Essex Property Trust Inc.	0.43%	32,628	$8.5M	Add +11.2%
HUM Humana Inc.	0.43%	32,821	$8.4M	Add +15.6%
BALL Ball Corp.	0.42%	158,437	$8.4M	Reduce -5.0%
URBN Urban Outfitters Inc.	0.42%	110,251	$8.3M	Reduce -0.6%
CIVI Civitas Resources Inc.	0.41%	301,484	$8.2M	Reduce -1.4%
WEC WEC Energy Group Inc.	0.41%	77,415	$8.2M	Reduce -33.2%
OI O-I Glass Inc.	0.41%	547,548	$8.1M	Reduce -0.5%
SSB Southstate Bank Corp.	0.41%	85,873	$8.1M	Reduce -5.2%
XEL Xcel Energy Inc.	0.40%	107,572	$7.9M	Reduce -22.6%
THS Treehouse Foods Inc.	0.39%	330,006	$7.8M	Reduce -0.3%
CASY Casey's General Stores Inc.	0.39%	13,883	$7.7M	Reduce -4.9%
AMP Ameriprise Financial Inc.	0.38%	15,363	$7.5M	Reduce -5.5%
DAR Darling Ingredients Inc.	0.38%	208,866	$7.5M	Reduce -4.8%
DLTR Dollar Tree Inc.	0.38%	60,710	$7.5M	Add +9.9%
ALL Allstate Corp.	0.35%	33,691	$7.0M	Reduce -55.6%
PH Parker Hannifin Corp.	0.35%	7,957	$7.0M	Reduce -42.8%
YETI Yeti Holdings Inc. filed as YETI HLDGS INC	0.35%	155,373	$6.9M	Reduce -0.4%
SNA Snap-on Inc.	0.35%	19,806	$6.8M	Reduce -2.6%
WABC Westamerica Bancorporation	0.34%	141,929	$6.8M	Reduce -0.6%
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW	0.34%	367,124	$6.8M	Reduce -0.5%
IJJ iShares S&P Mid-Cap 400 Valu	0.31%	47,028	$6.2M	Reduce -13.2%
HST Host Hotels & Resorts Inc.	0.29%	319,624	$5.7M	Reduce -5.5%
LW Lamb Weston Holdings Inc.	0.29%	135,113	$5.7M	Reduce -5.5%
BWA Borgwarner Inc.	0.29%	125,545	$5.7M	Reduce -5.5%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA	0.29%	83,661	$5.6M	Reduce -5.6%
CAKE The Cheesecake Factory Inc.	0.28%	109,160	$5.5M	Reduce -0.5%
IOSP Innospec Inc.	0.28%	71,687	$5.5M	Reduce -0.6%
TSN Tyson Foods Inc. Class A	0.28%	93,488	$5.5M	Reduce -4.9%
QDEL Quidelortho Corp.	0.28%	191,850	$5.5M	Reduce -0.5%
LKQ LKQ Corp.	0.27%	173,963	$5.3M	Reduce -5.1%
IART Integra Lifesciences Holding	0.23%	365,032	$4.5M	Reduce -0.5%
STZ Constellation Brands Inc. Class A	0.21%	30,720	$4.2M	Reduce -5.6%
MGPI MGP Ingredients Inc.	0.09%	70,339	$1.7M	Reduce -0.5%

Portfolio Sells Q3 2025 → Q4 2025


HOLX Hologic Inc.	Sold out	0.00%	−0.54
ALL Allstate Corp.	Reduce -55.6%	0.35%	−0.48
EHC Encompass Health Corp.	Reduce -2.3%	1.79%	−0.42
FFIV F5 Inc.	Sold out	0.00%	−0.40
WTFC Wintrust Financial Corp.	Reduce -25.6%	1.22%	−0.35
LITE Lumentum Holdings Inc.	Reduce -61.4%	2.13%	−0.33
ARE Alexandria Real Estate Equit	Sold out	0.00%	−0.31
IWN iShares Russell 2000 Value E	Reduce -35.5%	0.53%	−0.28
WEC WEC Energy Group Inc.	Reduce -33.2%	0.41%	−0.27
GTES Gates Industrial Corp. UK Ltd.	Reduce -0.5%	1.21%	−0.21
DORM Dorman Products Inc.	Reduce -0.5%	0.73%	−0.21
GNTX Gentex Corp.	Reduce -2.2%	0.77%	−0.20
PH Parker Hannifin Corp.	Reduce -42.8%	0.35%	−0.18
XEL Xcel Energy Inc.	Reduce -22.6%	0.40%	−0.17
NMRK Newmark Group Inc. Class A	Reduce -1.3%	1.56%	−0.16
PTC PTC Inc.	Reduce -5.4%	0.63%	−0.15
PFGC Performance Food Group Co.	Reduce -1.0%	0.82%	−0.15
AIG American International Group	Reduce -29.6%	0.45%	−0.14
LW Lamb Weston Holdings Inc.	Reduce -5.5%	0.29%	−0.14
LH Labcorp Holdings Inc.	Reduce -5.4%	0.58%	−0.13
STWD Starwood Property Trust Inc.	Reduce -2.5%	1.11%	−0.13
INGR Ingredion Inc.	Reduce -2.5%	0.80%	−0.12
DTE DTE Energy Company	Reduce -4.9%	0.60%	−0.10
CIVI Civitas Resources Inc.	Reduce -1.4%	0.41%	−0.09
NPO Enpro Inc.	Reduce -0.5%	1.20%	−0.09
WTW Willis Towers Watson PLC	Reduce -5.5%	0.60%	−0.07
EVRG Evergy Inc.	Reduce -4.9%	0.57%	−0.06
IDA Idacorp Inc.	Reduce -0.5%	1.07%	−0.06
PKG Packaging Corp. of America	Reduce -4.8%	0.50%	−0.06
LDOS Leidos Holdings Inc.	Reduce -5.1%	0.51%	−0.06
ARMK Aramark	Reduce -4.9%	0.54%	−0.06
ITT Itt Inc.	Reduce -1.8%	0.95%	−0.06
CIM Chimera Investment Corp.	Reduce -0.5%	0.71%	−0.06
KFY Korn Ferry	Reduce -0.6%	0.69%	−0.05
LHX L3HARRIS Technologies Inc.	Reduce -5.4%	0.47%	−0.05
NSA National Storage Affiliates	Reduce -0.6%	0.58%	−0.05
CLH Clean Harbors Inc.	Reduce -2.8%	1.72%	−0.05
SSB Southstate Bank Corp.	Reduce -5.2%	0.41%	−0.05
SLGN Silgan Holdings Inc.	Reduce -0.5%	0.57%	−0.05
IJJ iShares S&P Mid-Cap 400 Valu	Reduce -13.2%	0.31%	−0.05
EPAC Enerpac Tool Group Corp.	Reduce -0.9%	0.48%	−0.04
ETR Entergy Corp.	Reduce -4.8%	0.57%	−0.04
IART Integra Lifesciences Holding	Reduce -0.5%	0.23%	−0.04
EVR Evercore Inc. Class A	Reduce -5.5%	0.64%	−0.04
EXLS Exlservice Holdings Inc.	Reduce -0.9%	0.65%	−0.04
FAF First American Financial	Reduce -0.6%	0.60%	−0.04
CNP Centerpoint Energy Inc.	Reduce -5.4%	0.45%	−0.04
CASY Casey's General Stores Inc.	Reduce -4.9%	0.39%	−0.03
ADC Agree Realty Corp.	Reduce -2.4%	1.48%	−0.03
CAKE The Cheesecake Factory Inc.	Reduce -0.5%	0.28%	−0.03

Portfolio Buys Q3 2025 → Q4 2025


A Agilent Technologies Inc.	New	0.62%	+0.62
AXTA Axalta Coating Systems Ltd.	Add +74.3%	1.24%	+0.60
OWL Blue Owl Capital Inc.	New	0.43%	+0.43
RRX Regal Rexnord Corp.	Add +28.9%	1.65%	+0.33
GMED Globus Medical Inc. Class A	Add +12.7%	0.76%	+0.31
MCHP Microchip Technology Inc.	Add +68.4%	0.75%	+0.30
VLY Valley National Bancorp	Add +20.3%	1.13%	+0.27
BDC Belden Inc.	Add +54.5%	0.77%	+0.25
AKAM Akamai Technologies Inc.	Add +32.6%	0.65%	+0.22
PBH Prestige Consumer Healthcare	Add +23.3%	1.21%	+0.21
OPCH Option Care Health Inc.	Add +15.3%	0.79%	+0.19
DOV Dover Corp.	Add +22.2%	0.56%	+0.17
NBHC National Bank Hold Class A	Add +20.9%	1.03%	+0.16
SLB SLB Ltd.	Add +13.7%	0.62%	+0.13
DLTR Dollar Tree Inc.	Add +9.9%	0.38%	+0.11
CDP Copt Defense Properties	Add +21.4%	0.83%	+0.11
MZTI The Marzetti Company	Add +29.8%	0.47%	+0.09
GPI Group 1 Automotive Inc.	Add +26.9%	0.71%	+0.08
SR Spire Inc.	Add +14.1%	0.49%	+0.06
HUM Humana Inc.	Add +15.6%	0.43%	+0.05
CTRA Coterra Energy Inc.	Add +1.2%	0.44%	+0.05
ESS Essex Property Trust Inc.	Add +11.2%	0.43%	+0.03
HLIT Harmonic Inc.	Add +5.5%	0.87%	+0.01
MAA Mid-America Apartment Comm	Add +1.9%	0.47%	+0.00
CBT Cabot Corp.	Add +15.6%	0.77%	−0.00
ZBH Zimmer Biomet Holdings Inc.	Add +4.9%	0.44%	−0.02
ADUS Addus Homecare Corp.	Add +5.6%	0.60%	−0.03
EXP Eagle Materials Inc.	Add +4.5%	0.47%	−0.04
VVV Valvoline Inc.	Add +11.9%	0.87%	−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