LFL Advisers, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), LFL Advisers, LLC reported 8 stock positions worth $228.6 million. Its top holding was Bank of New York Mellon (BNY) at 15.6% of the portfolio, followed by Te Connectivity (TEL, 14.9%) and Aon Class A (AON, 14.8%). Compared with Q4 2024, it sold out of 1 and reduced 8. The biggest sale was an exit from CDW (CDW).
- Most Recent 13F
- Q2 2026
- Location
- EVANSTON, IL
- CIK
- 0001694127
- Portfolio Value
- $228.6M (Q1 2025)
- SEC Filing
- 0001694127-25-000002 ↗ filed May 13, 2025
Holdings Value
Holdings 8 stocks · $228.6M
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 15.58% | 424,631 | $35.6M | Reduce -2.6% |
| TEL Te Connectivity PLC | 14.90% | 241,036 | $34.1M | Reduce -2.6% |
| AON Aon PLC Class A | 14.85% | 85,047 | $33.9M | Reduce -2.6% |
| LAMR Lamar Advertising Co. Class A | 14.36% | 288,393 | $32.8M | Reduce -2.6% |
| PGR Progressive Corp. | 14.17% | 114,477 | $32.4M | Reduce -2.6% |
| ALV Autoliv Inc. | 11.17% | 288,698 | $25.5M | Reduce -2.6% |
| GOOG Alphabet Inc. Class C | 8.19% | 119,852 | $18.7M | Reduce -2.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.78% | 29,088 | $15.5M | Reduce -2.5% |
Portfolio Sells Q4 2024 → Q1 2025
| CDW CDW Corp. | Sold out | 0.00% | −10.75 |
| GOOG Alphabet Inc. Class C | Reduce -2.6% | 8.19% | −0.93 |
| LAMR Lamar Advertising Co. Class A | Reduce -2.6% | 14.36% | +0.32 |
| ALV Autoliv Inc. | Reduce -2.6% | 11.17% | +0.35 |
| TEL Te Connectivity PLC | Reduce -2.6% | 14.90% | +1.12 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.5% | 6.78% | +1.51 |
| BNY Bank of New York Mellon Corp. | Reduce -2.6% | 15.58% | +2.54 |
| AON Aon PLC Class A | Reduce -2.6% | 14.85% | +2.64 |
| PGR Progressive Corp. | Reduce -2.6% | 14.17% | +3.21 |
Portfolio Buys Q4 2024 → Q1 2025
| None this quarter. | |||
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 9 | $374.0M | BNY, LAMR, TEL, AON, SUNB |
| Q1 2026 | 9 | $332.4M | BNY, TEL, SUNB, AON, LAMR |
| Q4 2025 | 8 | $304.8M | BNY, TEL, GOOG, LAMR, ALV |
| Q3 2025 | 8 | $288.9M | TEL, BNY, ALV, LAMR, AON |
| Q2 2025 | 8 | $250.2M | TEL, BNY, LAMR, ALV, PGR |
| Q1 2025 | 8 | $228.6M | BNY, TEL, AON, LAMR, PGR |
| Q4 2024 | 9 | $256.7M | LAMR, TEL, BNY, AON, PGR |
| Q3 2024 | 10 | $279.0M | CDW, LAMR, TEL, BNY, AON |
| Q2 2024 | 11 | $254.1M | CDW, TEL, LAMR, ALV, BNY |
| Q1 2024 | 11 | $277.0M | CDW, TEL, ALV, LAMR, AON |