Lyrical Asset Management LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 11, 2026), Lyrical Asset Management LP reported 39 stock positions worth $6.6 billion. Its top holding was Flex (FLEX) at 7.0% of the portfolio, followed by Johnson Controls Internation (JCI, 6.3%) and NRG Energy (NRG, 6.2%). Compared with Q4 2025, it opened 4 new positions, sold out of 2, added to 8 and reduced 27. The biggest buy was NXP Semiconductors (NXPI, shares +3127%) and the biggest sale an exit from Amcor (AMCR).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001542302
- Portfolio Value
- $6.6B (Q1 2026)
- SEC Filing
- 0001062993-26-002457 ↗ filed May 11, 2026
Holdings Value
Holdings 39 stocks · $6.6B
| FLEX Flex Ltd. filed as FLEXTRONICS INTL LTD | 6.95% | 6,960,981 | $455.7M | Reduce -7.7% |
| JCI Johnson Controls Internation | 6.29% | 3,146,555 | $412.0M | Reduce -6.3% |
| NRG NRG Energy Inc. | 6.21% | 2,784,268 | $406.9M | Reduce -7.4% |
| AER Aercap Holdings NV | 5.44% | 2,601,851 | $356.9M | Reduce -6.5% |
| EXPE Expedia Group Inc. | 5.25% | 1,489,983 | $344.0M | Reduce -6.7% |
| EBAY eBay Inc. | 4.85% | 3,492,629 | $317.9M | Reduce -5.1% |
| HCA HCA Healthcare Inc. | 4.83% | 668,645 | $316.4M | Reduce -6.5% |
| AMP Ameriprise Financial Inc. | 4.53% | 668,303 | $297.0M | Reduce -7.2% |
| FFIV F5 Inc. | 4.18% | 947,361 | $274.1M | Reduce -4.0% |
| NTAP Netapp Inc. | 3.95% | 2,527,356 | $258.8M | Reduce -2.9% |
| UBER Uber Technologies Inc. | 3.64% | 3,316,211 | $238.5M | Reduce -5.8% |
| CI The Cigna Group | 3.05% | 750,100 | $200.1M | Reduce -2.1% |
| SNX TD Synnex Corp. | 3.03% | 1,176,629 | $198.5M | Reduce -3.6% |
| NXPI NXP Semiconductors NV | 2.81% | 934,201 | $183.9M | Add +3126.9% |
| ARW Arrow Electronics Inc. | 2.78% | 1,270,012 | $182.1M | Reduce -4.4% |
| CPAY Corpay Inc. | 2.75% | 618,656 | $180.0M | Reduce -8.4% |
| FIS Fidelity National Info Serv | 2.62% | 3,664,892 | $171.9M | Reduce -3.9% |
| WCC Wesco International Inc. | 2.54% | 607,408 | $166.2M | Reduce -6.8% |
| SSNC Ss&c Technologies Holdings | 2.39% | 2,317,171 | $156.6M | Reduce -8.2% |
| GEN Gen Digital Inc. | 2.29% | 7,967,247 | $150.0M | Reduce -2.2% |
| AMG Affiliated Managers Group | 2.12% | 502,121 | $138.9M | Reduce -9.0% |
| AIZ Assurant Inc. | 2.03% | 612,104 | $133.3M | Reduce -8.2% |
| PRI Primerica Inc. | 1.93% | 506,040 | $126.8M | Reduce -6.5% |
| GPN Global Payments Inc. | 1.87% | 1,826,323 | $122.9M | Add +0.5% |
| WEX Wex Inc. | 1.78% | 760,936 | $116.5M | Reduce -1.7% |
| LAD Lithia Motors Inc. | 1.75% | 460,622 | $115.0M | Reduce -3.2% |
| HSIC Henry Schein Inc. filed as SCHEIN HENRY INC | 1.74% | 1,544,442 | $113.8M | Reduce -7.9% |
| ICLR Icon PLC | 1.58% | 938,204 | $103.8M | Reduce -3.1% |
| LKQ LKQ Corp. | 1.37% | 3,049,786 | $89.6M | Reduce -4.9% |
| CNC Centene Corp. | 1.26% | 2,532,698 | $82.9M | Add +3.0% |
| AN Autonation Inc. | 1.12% | 375,771 | $73.4M | New |
| CNXC Concentrix Corp. | 0.50% | 1,194,757 | $32.7M | Add +0.3% |
| SUNB Sunbelt Rentals Holdings Inc. | 0.19% | 190,983 | $12.4M | New |
| CCK Crown Holdings Inc. | 0.15% | 96,822 | $9.7M | Add +32.4% |
| APTV Aptiv PLC | 0.13% | 142,375 | $8.4M | Add +45.3% |
| NTDOY Nintendo Co. Ltd.-Unspons ADR | 0.06% | 285,766 | $4.1M | Add +36.6% |
| GRAB Grab Holdings Ltd. Class A | 0.06% | 1,062,318 | $3.9M | Add +40.6% |
| RSP Invesco S&P 500 Equal Weight | 0.00% | 1,194 | $229K | New |
| SONY Sony Group Corp. - SP ADR | 0.00% | 391 | $8K | New |
Portfolio Sells Q4 2025 → Q1 2026
| AMCR Amcor PLC | Sold out | 0.00% | −7.36 |
| ICLR Icon PLC | Reduce -3.1% | 1.58% | −0.72 |
| FIS Fidelity National Info Serv | Reduce -3.9% | 2.62% | −0.69 |
| EXPE Expedia Group Inc. | Reduce -6.7% | 5.25% | −0.67 |
| GEN Gen Digital Inc. | Reduce -2.2% | 2.29% | −0.61 |
| SSNC Ss&c Technologies Holdings | Reduce -8.2% | 2.39% | −0.50 |
| LAD Lithia Motors Inc. | Reduce -3.2% | 1.75% | −0.31 |
| IWD iShares Russell 1000 Value E | Sold out | 0.00% | −0.21 |
| UBER Uber Technologies Inc. | Reduce -5.8% | 3.64% | −0.12 |
| AMP Ameriprise Financial Inc. | Reduce -7.2% | 4.53% | −0.09 |
| AIZ Assurant Inc. | Reduce -8.2% | 2.03% | −0.07 |
| NRG NRG Energy Inc. | Reduce -7.4% | 6.21% | −0.06 |
| AMG Affiliated Managers Group | Reduce -9.0% | 2.12% | +0.04 |
| HSIC Henry Schein Inc. | Reduce -7.9% | 1.74% | +0.08 |
| CPAY Corpay Inc. | Reduce -8.4% | 2.75% | +0.09 |
| LKQ LKQ Corp. | Reduce -4.9% | 1.37% | +0.10 |
| PRI Primerica Inc. | Reduce -6.5% | 1.93% | +0.10 |
| AER Aercap Holdings NV | Reduce -6.5% | 5.44% | +0.21 |
| WEX Wex Inc. | Reduce -1.7% | 1.78% | +0.27 |
| CI The Cigna Group | Reduce -2.1% | 3.05% | +0.29 |
| NTAP Netapp Inc. | Reduce -2.9% | 3.95% | +0.30 |
| WCC Wesco International Inc. | Reduce -6.8% | 2.54% | +0.45 |
| HCA HCA Healthcare Inc. | Reduce -6.5% | 4.83% | +0.46 |
| SNX TD Synnex Corp. | Reduce -3.6% | 3.03% | +0.63 |
| EBAY eBay Inc. | Reduce -5.1% | 4.85% | +0.66 |
| ARW Arrow Electronics Inc. | Reduce -4.4% | 2.78% | +0.86 |
| FFIV F5 Inc. | Reduce -4.0% | 4.18% | +0.89 |
| FLEX Flex Ltd. | Reduce -7.7% | 6.95% | +0.99 |
| JCI Johnson Controls Internation | Reduce -6.3% | 6.29% | +1.03 |
Portfolio Buys Q4 2025 → Q1 2026
| NXPI NXP Semiconductors NV | Add +3126.9% | 2.81% | +2.72 |
| AN Autonation Inc. | New | 1.12% | +1.12 |
| SUNB Sunbelt Rentals Holdings Inc. | New | 0.19% | +0.19 |
| CCK Crown Holdings Inc. | Add +32.4% | 0.15% | +0.05 |
| GPN Global Payments Inc. | Add +0.5% | 1.87% | +0.04 |
| APTV Aptiv PLC | Add +45.3% | 0.13% | +0.03 |
| NTDOY Nintendo Co. Ltd.-Unspons ADR | Add +36.6% | 0.06% | +0.02 |
| GRAB Grab Holdings Ltd. Class A | Add +40.6% | 0.06% | +0.01 |
| RSP Invesco S&P 500 Equal Weight | New | 0.00% | +0.00 |
| SONY Sony Group Corp. - SP ADR | New | 0.00% | +0.00 |
| CNC Centene Corp. | Add +3.0% | 1.26% | −0.06 |
| CNXC Concentrix Corp. | Add +0.3% | 0.50% | −0.15 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 41 | $7.9B | FLEX, JCI, NRG, FFIV, NTAP |
| Q1 2026 | 39 | $6.6B | FLEX, JCI, NRG, AER, EXPE |
| Q4 2025 | 37 | $7.6B | AMCR, NRG, FLEX, EXPE, JCI |
| Q3 2025 | 38 | $7.1B | NRG, FLEX, JCI, AMP, EXPE |
| Q2 2025 | 38 | $6.9B | NRG, FLEX, URI, AMP, JCI |
| Q1 2025 | 38 | $6.6B | AMP, URI, NRG, AER, FIS |
| Q4 2024 | 38 | $6.8B | AMP, URI, FLEX, FIS, EXPE |
| Q3 2024 | 38 | $6.9B | URI, AMP, FIS, NRG, HCA |
| Q2 2024 | 36 | $6.2B | URI, AMP, FIS, AER, NRG |
| Q1 2024 | 36 | $6.7B | URI, AMP, FIS, CI, AER |