Lionstone Capital Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Lionstone Capital Management LLC reported 11 stock positions worth $390.7 million. Its top holding was Api (APG) at 19.2% of the portfolio, followed by Amazon.com (AMZN, 18.8%) and Alphabet Class C (GOOG, 16.7%). Compared with Q3 2024, it opened 1 new position and sold out of 1. The biggest buy was a new position in Energy Fuels (UUUU) and the biggest sale an exit from European Wax Center Class A (EWCZ).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001575662
- Portfolio Value
- $390.7M (Q4 2024)
- SEC Filing
- 0000950123-25-002263 ↗ filed Feb 14, 2025
Holdings Value
Holdings 11 stocks · $390.7M
| APG Api Group Corp. | 19.24% | 2,089,800 | $75.2M | No change |
| AMZN Amazon.com Inc. | 18.78% | 334,500 | $73.4M | No change |
| GOOG Alphabet Inc. Class C | 16.70% | 342,530 | $65.2M | No change |
| CPRT Copart Inc. | 11.40% | 776,300 | $44.6M | No change |
| SPGI S&P Global Inc. | 10.71% | 84,000 | $41.8M | No change |
| FSV Firstservice Corp. | 10.02% | 216,200 | $39.1M | No change |
| FERG Ferguson Enterprises Inc. | 7.15% | 161,048 | $28.0M | No change |
| LOW Lowe's Cos Inc. | 3.53% | 55,950 | $13.8M | No change |
| PRKS United Parks & Resorts Inc. | 1.99% | 138,400 | $7.8M | No change |
| LBRDK Liberty Broadband-C | 0.47% | 24,605 | $1.8M | No change |
| UUUU Energy Fuels Inc. | 0.01% | 6,760 | $35K | New |
Portfolio Sells Q3 2024 → Q4 2024
| EWCZ European Wax Center Inc. Class A | Sold out | 0.00% | −0.82 |
Portfolio Buys Q3 2024 → Q4 2024
| UUUU Energy Fuels Inc. | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 11 | $435.0M | APG, GOOG, AMZN, QXO, FSV |
| Q1 2026 | 12 | $413.0M | APG, GOOG, AMZN, QXO, FERG |
| Q4 2025 | 12 | $432.6M | APG, GOOG, AMZN, QXO, SPGI |
| Q3 2025 | 12 | $427.9M | APG, AMZN, GOOG, FSV, SPGI |
| Q2 2025 | 11 | $416.4M | APG, AMZN, GOOG, QXO, SPGI |
| Q1 2025 | 11 | $361.6M | APG, AMZN, GOOG, CPRT, SPGI |
| Q4 2024 | 11 | $390.7M | APG, AMZN, GOOG, CPRT, SPGI |
| Q3 2024 | 11 | $371.2M | APG, AMZN, GOOG, SPGI, CPRT |
| Q2 2024 | 12 | $391.6M | APG, AMZN, GOOG, CPRT, SPGI |
| Q1 2024 | 12 | $394.6M | APG, AMZN, GOOG, CPRT, FSV |