Lingohr Asset Management GmbH
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Lingohr Asset Management GmbH reported 54 stock positions worth $40.0 million. Its top holding was Gates Industrial Corp. UK (GTES) at 3.0% of the portfolio, followed by Jackson Financial Class A (JXN, 2.2%) and Alphabet Class A (GOOGL, 2.1%). Compared with Q4 2023, it opened 7 new positions, sold out of 23, added to 29 and reduced 18. The biggest buy was a new position in AppLovin Class A (APP) and the biggest sale an exit from Dropbox Class A (DBX).
- Most Recent 13F
- Q3 2025
- Location
- DUESSELDORF, 2M
- CIK
- 0001527570
- Portfolio Value
- $40.0M (Q1 2024)
- SEC Filing
- 0001527570-24-000003 ↗ filed May 14, 2024
Holdings Value
Holdings 54 stocks · $40.0M
| GTES Gates Industrial Corp. UK Ltd. | 3.02% | 68,129 | $1.2M | Add +1.2% |
| JXN Jackson Financial Inc. Class A | 2.18% | 13,189 | $872K | Add +22.4% |
| GOOGL Alphabet Inc. Class A | 2.10% | 5,560 | $839K | Reduce -9.8% |
| STLA Stellantis NV | 2.10% | 31,680 | $839K | Add +18.6% |
| STLD Steel Dynamics Inc. | 2.09% | 5,637 | $836K | Reduce -3.1% |
| RDN Radian Group Inc. | 2.08% | 24,877 | $833K | Add +22.6% |
| CVE Cenovus Energy Inc. | 2.07% | 41,417 | $828K | Add +65.3% |
| BCC Boise Cascade Co. | 2.06% | 5,374 | $824K | Add +21.3% |
| TEX Terex Corp. | 2.06% | 12,772 | $823K | Add +1.9% |
| PSX Phillips 66 | 2.05% | 5,021 | $820K | Add +6.8% |
| APP AppLovin Corp. Class A | 2.00% | 11,537 | $799K | New |
| XOM Exxon Mobil Corp. | 2.00% | 6,928 | $799K | Add +26.8% |
| IP International Paper Co. | 1.97% | 20,228 | $789K | Add +108.5% |
| LH Laboratory CRP of Amer Hldgs | 1.95% | 3,570 | $780K | Add +34.2% |
| EG Everest Group Ltd. | 1.95% | 1,962 | $780K | Add +18.1% |
| AXS Axis Capital Holdings Ltd. | 1.94% | 11,953 | $777K | New |
| UNM Unum Group | 1.94% | 14,544 | $775K | Add +0.4% |
| CVS CVS Health Corp. | 1.92% | 9,734 | $769K | Add +20.2% |
| ACN Accenture PLC Class A | 1.92% | 2,226 | $769K | New |
| MAN Manpowergroup Inc. | 1.91% | 9,843 | $764K | Add +96.0% |
| AYI Acuity Inc. | 1.91% | 2,842 | $763K | Reduce -28.9% |
| MSFT Microsoft Corp. | 1.90% | 1,807 | $760K | Reduce -16.4% |
| SYF Synchrony Financial | 1.90% | 17,714 | $760K | Add +28.4% |
| EXEL Exelixis Inc. | 1.90% | 31,993 | $759K | Add +1.6% |
| BLDR Builders Firstsource Inc. | 1.89% | 3,631 | $757K | Reduce -10.2% |
| RS Reliance Inc. | 1.89% | 2,259 | $755K | Add +33.1% |
| TNET Trinet Group Inc. | 1.89% | 5,698 | $755K | Add +3.6% |
| HOLX Hologic Inc. | 1.88% | 9,651 | $752K | Add +48.4% |
| EA Electronic Arts Inc. | 1.87% | 5,638 | $748K | New |
| FFIV F5 Inc. | 1.86% | 3,927 | $745K | Add +0.7% |
| TGNA Tegna Inc. | 1.86% | 49,708 | $743K | New |
| TRIP Tripadvisor Inc. | 1.85% | 26,652 | $741K | New |
| EXPE Expedia Group Inc. | 1.85% | 5,370 | $740K | Add +34.3% |
| KO The Coca-Cola Co. | 1.85% | 12,059 | $738K | Add +18.2% |
| CTSH Cognizant Tech Solutions-A | 1.83% | 9,991 | $732K | Add +3.1% |
| CAH Cardinal Health Inc. | 1.80% | 6,439 | $721K | Add +23.4% |
| ACIW Aci Worldwide Inc. | 1.79% | 21,587 | $717K | Add +30.0% |
| MPC Marathon Petroleum Corp. | 1.79% | 3,552 | $716K | Reduce -19.3% |
| VRSN Verisign Inc. | 1.77% | 3,740 | $709K | New |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 1.77% | 14,376 | $706K | Reduce -7.3% |
| DOX Amdocs Ltd. | 1.76% | 7,787 | $704K | Add +35.5% |
| VLO Valero Energy Corp. | 1.76% | 4,119 | $703K | Reduce -20.3% |
| WIRE Encore Wire Corp. | 1.73% | 2,632 | $692K | Reduce -32.5% |
| ACT Enact Holdings Inc. | 1.69% | 21,646 | $675K | Add +2.9% |
| MTG Mgic Investment Corp. | 1.67% | 30,045 | $668K | Reduce -7.7% |
| CI The Cigna Group | 1.61% | 1,775 | $645K | Reduce -26.5% |
| HPQ HP Inc. | 1.56% | 20,692 | $625K | Add +47.8% |
| VRNT Verint Systems Inc. | 1.56% | 18,849 | $625K | Reduce -34.9% |
| MCK McKesson Corp. | 1.56% | 1,159 | $622K | Reduce -27.0% |
| VIPS Vipshop Holdings Ltd. - ADR | 1.56% | 37,555 | $622K | Reduce -10.0% |
| CRM Salesforce Inc. | 1.55% | 2,062 | $621K | Reduce -36.8% |
| DELL Dell Technologies -C | 1.54% | 5,423 | $616K | Reduce -22.2% |
| AFYA Afya Ltd. Class A | 1.23% | 26,508 | $493K | Reduce -12.4% |
| ADBE Adobe Inc. | 0.81% | 641 | $323K | Reduce -60.5% |
Portfolio Sells Q4 2023 → Q1 2024
| DBX Dropbox Inc. Class A | Sold out | 0.00% | −1.85 |
| CMC Commercial Metals Co. | Sold out | 0.00% | −1.82 |
| MOH Molina Healthcare Inc. | Sold out | 0.00% | −1.73 |
| MLI Mueller Industries Inc. | Sold out | 0.00% | −1.73 |
| OC Owens Corning | Sold out | 0.00% | −1.61 |
| PREMIER INC-CLASS A | Sold out | 0.00% | −1.61 |
| COP Conocophillips | Sold out | 0.00% | −1.49 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −1.44 |
| CPB The Campbell's Company | Sold out | 0.00% | −1.43 |
| ADBE Adobe Inc. | Reduce -60.5% | 0.81% | −1.40 |
| IMO Imperial Oil Ltd. | Sold out | 0.00% | −1.34 |
| VSH Vishay Intertechnology Inc. | Sold out | 0.00% | −1.34 |
| AN Autonation Inc. | Sold out | 0.00% | −1.33 |
| SU Suncor Energy Inc. | Sold out | 0.00% | −1.30 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −1.22 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −1.22 |
| SFM Sprouts Farmers Market Inc. | Sold out | 0.00% | −1.22 |
| NAVI Navient Corp. | Sold out | 0.00% | −1.17 |
| GEF Greif Inc. Class A | Sold out | 0.00% | −1.16 |
| HUM Humana Inc. | Sold out | 0.00% | −1.09 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −1.06 |
| APA Apa Corp. | Sold out | 0.00% | −1.04 |
| CNXC Concentrix Corp. | Sold out | 0.00% | −1.03 |
| MED Medifast Inc. | Sold out | 0.00% | −0.80 |
| CRM Salesforce Inc. | Reduce -36.8% | 1.55% | −0.40 |
| AFYA Afya Ltd. Class A | Reduce -12.4% | 1.23% | −0.28 |
| VRNT Verint Systems Inc. | Reduce -34.9% | 1.56% | −0.22 |
| WIRE Encore Wire Corp. | Reduce -32.5% | 1.73% | −0.17 |
| VIPS Vipshop Holdings Ltd. - ADR | Reduce -10.0% | 1.56% | −0.13 |
| MCK McKesson Corp. | Reduce -27.0% | 1.56% | −0.12 |
| CI The Cigna Group | Reduce -26.5% | 1.61% | −0.04 |
| AYI Acuity Inc. | Reduce -28.9% | 1.91% | +0.04 |
| MSFT Microsoft Corp. | Reduce -16.4% | 1.90% | +0.05 |
| HRB H&R Block Inc. | Reduce -7.3% | 1.77% | +0.06 |
| GOOGL Alphabet Inc. Class A | Reduce -9.8% | 2.10% | +0.14 |
| VLO Valero Energy Corp. | Reduce -20.3% | 1.76% | +0.24 |
| MTG Mgic Investment Corp. | Reduce -7.7% | 1.67% | +0.25 |
| MPC Marathon Petroleum Corp. | Reduce -19.3% | 1.79% | +0.30 |
| DELL Dell Technologies -C | Reduce -22.2% | 1.54% | +0.33 |
| BLDR Builders Firstsource Inc. | Reduce -10.2% | 1.89% | +0.35 |
| STLD Steel Dynamics Inc. | Reduce -3.1% | 2.09% | +0.52 |
Portfolio Buys Q4 2023 → Q1 2024
| APP AppLovin Corp. Class A | New | 2.00% | +2.00 |
| AXS Axis Capital Holdings Ltd. | New | 1.94% | +1.94 |
| ACN Accenture PLC Class A | New | 1.92% | +1.92 |
| EA Electronic Arts Inc. | New | 1.87% | +1.87 |
| TGNA Tegna Inc. | New | 1.86% | +1.86 |
| TRIP Tripadvisor Inc. | New | 1.85% | +1.85 |
| VRSN Verisign Inc. | New | 1.77% | +1.77 |
| IP International Paper Co. | Add +108.5% | 1.97% | +1.17 |
| CVE Cenovus Energy Inc. | Add +65.3% | 2.07% | +1.12 |
| MAN Manpowergroup Inc. | Add +96.0% | 1.91% | +1.00 |
| GTES Gates Industrial Corp. UK Ltd. | Add +1.2% | 3.02% | +0.96 |
| JXN Jackson Financial Inc. Class A | Add +22.4% | 2.18% | +0.92 |
| HOLX Hologic Inc. | Add +48.4% | 1.88% | +0.82 |
| RS Reliance Inc. | Add +33.1% | 1.89% | +0.81 |
| XOM Exxon Mobil Corp. | Add +26.8% | 2.00% | +0.76 |
| RDN Radian Group Inc. | Add +22.6% | 2.08% | +0.76 |
| BCC Boise Cascade Co. | Add +21.3% | 2.06% | +0.75 |
| SYF Synchrony Financial | Add +28.4% | 1.90% | +0.71 |
| STLA Stellantis NV | Add +18.6% | 2.10% | +0.68 |
| ACIW Aci Worldwide Inc. | Add +30.0% | 1.79% | +0.64 |
| PSX Phillips 66 | Add +6.8% | 2.05% | +0.62 |
| EG Everest Group Ltd. | Add +18.1% | 1.95% | +0.61 |
| DOX Amdocs Ltd. | Add +35.5% | 1.76% | +0.61 |
| CAH Cardinal Health Inc. | Add +23.4% | 1.80% | +0.60 |
| HPQ HP Inc. | Add +47.8% | 1.56% | +0.60 |
| LH Laboratory CRP of Amer Hldgs | Add +34.2% | 1.95% | +0.57 |
| CVS CVS Health Corp. | Add +20.2% | 1.92% | +0.48 |
| KO The Coca-Cola Co. | Add +18.2% | 1.85% | +0.48 |
| EXPE Expedia Group Inc. | Add +34.3% | 1.85% | +0.47 |
| UNM Unum Group | Add +0.4% | 1.94% | +0.46 |
| TEX Terex Corp. | Add +1.9% | 2.06% | +0.42 |
| TNET Trinet Group Inc. | Add +3.6% | 1.89% | +0.40 |
| ACT Enact Holdings Inc. | Add +2.9% | 1.69% | +0.30 |
| FFIV F5 Inc. | Add +0.7% | 1.86% | +0.27 |
| EXEL Exelixis Inc. | Add +1.6% | 1.90% | +0.17 |
| CTSH Cognizant Tech Solutions-A | Add +3.1% | 1.83% | +0.16 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025Amended | 94 | $57.3M | MSFT, AU, GOOGL, TME, IFS |
| Q2 2025 | 85 | $55.2M | MSFT, KT, QFIN, AU, IFS |
| Q1 2025 | 92 | $399.1M | BRK.B, MSFT, GOOGL, T, ORCL |
| Q4 2024 | 83 | $48.2M | BRK.B, VIPS, KT, MSFT, JXN |
| Q3 2024 | 51 | $41.3M | APP, AYI, ACIW, GEV, META |
| Q2 2024 | 55 | $40.0M | GOOGL, STLA, META, APP, ACIW |
| Q1 2024 | 54 | $40.0M | GTES, JXN, GOOGL, STLA, STLD |