Q2 2026 13F · SEC CIK 1966581

Lakewood Asset Management LLC

Wealth managerFiled 2026-08-06 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $182.3M
Reported positions: 107
Top holdings a year, 3 yrs: +13.3%
Assets under management: $248.7M

Lakewood Asset Management LLC is a wealth manager that reported 107 positions worth $182.3M in its Q2 2026 13F, filed 2026-08-06. Its largest holdings were Schwab Strategic Tr (FNDX, 6.8%), Vanguard Malvern Fds (VPLS, 6.0%), Vanguard Total World Stock Index Fund Et (VT, 5.5%). A portfolio copying its top holdings returned 13.3% a year over the last 3 years, against 20.4% for the S&P 500.

Lakewood Asset Management LLC holdings largest 50 of 107 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Lakewood Asset Management LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
FNDXSchwab Strategic Tr	6.8%	6.6%	397,708	+7.3%	$12.4M
VPLSVanguard Malvern Fds	6.0%	4.4%	141,422	+60.5%	$11.0M
VTVanguard Total World Stock Index Fund Et	5.5%	4.8%	63,816	+18.5%	$10.0M
BRK-BBerkshire Hathaway Inc Del	5.5%	6.1%	19,996	+0.1%	$10.0M
VBILVanguard Instl Index Fd	5.1%	5.6%	122,017	+4.7%	$9.2M
EBAYEbay Inc.	2.9%	2.8%	47,640	-1.4%	$5.3M
DFAWDimensional ETF Trust	2.7%	0.8%	59,183	+266.6%	$4.9M
WSMWilliams Sonoma Inc	2.7%	2.5%	20,853	-1.8%	$4.9M
HPEHewlett Packard Enterprise	2.6%	1.6%	106,444	-0.5%	$4.8M
FNDFSchwab Strategic Tr	2.1%	1.9%	73,369	+24.1%	$3.9M
VTIVanguard Index Fds	2.1%	2.1%	10,343	+2.5%	$3.8M
COPConocophillips	2.1%	3.1%	36,504	-0.2%	$3.8M
BACBank of Amer Corp	1.9%	1.8%	59,440	+1.0%	$3.4M
RTXRtx Corporation Com	1.8%	2.1%	17,759	+5.5%	$3.4M
AZOAutozone Inc	1.8%	2.3%	1,048	+0.1%	$3.3M
VUSBVanguard Bd Index Fds	1.8%	1.8%	66,809	+16.7%	$3.3M
AAPLApple Inc	1.8%	1.9%	11,456	-0.2%	$3.3M
MCKMckesson Corp Com	1.7%	2.2%	4,075	+0.3%	$3.1M
BILSPDR Brcy1-3 Ser	1.7%	2.0%	32,838	-1.6%	$3.0M
NVRNvr Inc	1.6%	1.8%	433	+1.2%	$3.0M
MTBM & T Bk Corp	1.6%	1.6%	12,292	-0.3%	$2.9M
VTIPVanguard Malvern Fds	1.5%	1.8%	53,286	-7.6%	$2.7M
RFRegions Financial Corp New	1.3%	1.3%	76,607	-0.4%	$2.3M
FANGDiamondback Energy Inc	1.2%	1.6%	12,320	-0.7%	$2.2M
BKNGBooking Holdings Inc Com	1.2%	1.3%	12,125	+2394.9%	$2.2M
DCORDimensional ETF Trust	1.2%	—	25,942	—	$2.1M
SLBSlb Limited	1.2%	1.5%	45,481	-0.6%	$2.1M
UHALBU Haul Holding Company Com Ser N	1.1%	1.0%	35,449	-0.5%	$2.0M
DKSDicks Sporting Goods Inc Com	1.0%	1.0%	8,024	-0.4%	$1.8M
BMYBristol-Myers Squibb Co Com	1.0%	1.2%	30,282	+1.4%	$1.7M
MSFTMicrosoft Corp	0.9%	1.0%	4,504	+9.5%	$1.7M
IVVIshares Core S&p 500 ETF	0.9%	1.0%	2,221	-4.0%	$1.7M
VCRMVanguard Mun Bd Fds	0.8%	—	20,215	—	$1.5M
LEALear Corp	0.7%	0.8%	10,111	-0.4%	$1.4M
MHKMohawk Inds Inc	0.7%	0.7%	11,042	+0.3%	$1.3M
CMICummins Inc	0.7%	0.5%	1,786	+21.4%	$1.3M
MOHMolina Healthcare Inc	0.7%	—	5,512	—	$1.3M
KMXCarMax Inc.	0.7%	0.6%	23,090	+2.4%	$1.2M
FNDASchwab Strategic Tr	0.7%	0.9%	31,796	-30.5%	$1.2M
CATCaterpillar Inc Com	0.7%	0.5%	1,119	-2.3%	$1.2M
NICENice Ltd	0.6%	0.9%	12,290	+0.9%	$1.1M
EPDEnterprise Prods Partners L	0.6%	0.6%	29,347	+14.5%	$1.1M
MKLMarkel Group Inc	0.6%	0.7%	537	+0.0%	$1.0M
CARRCarrier Global Corporation	0.6%	—	14,162	—	$1.0M
CFCF Industries Holdings Inc	0.6%	0.8%	9,558	+0.8%	$1.0M
JNJJohnson & Johnson	0.6%	0.6%	4,067	+14.1%	$1.0M
AVGOBroadcom Inc	0.6%	—	2,729	—	$1.0M
APAApa Corporation	0.5%	0.8%	29,812	+0.6%	$971K
IWDIshares Russell 1000 Value ETF	0.5%	0.6%	3,947	-4.2%	$957K
LULULululemon Athletica Inc Com	0.5%	0.5%	8,270	+61.9%	$944K

What Lakewood Asset Management LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

BKNG Booking Holdings Inc Com+2394.9% shares
DFAW Dimensional ETF Trust+266.6% shares
LULU Lululemon Athletica Inc Com+61.9% shares
VPLS Vanguard Malvern Fds+60.5% shares
FNDF Schwab Strategic Tr+24.1% shares
CMI Cummins Inc+21.4% shares
VT Vanguard Total World Stock Index Fund Et+18.5% shares
VUSB Vanguard Bd Index Fds+16.7% shares

Reduced

FNDA Schwab Strategic Tr-30.5% shares
VTIP Vanguard Malvern Fds-7.6% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +13.4% /yr; S&P 500 +20.1%
3 years: +13.3% /yr; S&P 500 +20.4%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$182.3M	107
Q1 2026	$156.4M	107
Q4 2025	$170.2M	105
Q3 2025	$165.4M	104
Q2 2025	$149.7M	101
Q1 2025	$148.2M	101
Q4 2024	$145.2M	120
Q3 2024	$146.4M	119
Q2 2024	$143.4M	116
Q1 2024	$147.1M	115
Q4 2023	$128.7M	109
Q3 2023	$122.6M	111

Questions about Lakewood Asset Management LLC's portfolio

What stocks does Lakewood Asset Management LLC own?

Lakewood Asset Management LLC's latest 13F, for Q2 2026 and filed Aug 6, 2026, lists 107 positions worth $182.3M. The largest are Schwab Strategic Tr (FNDX) at 6.8%, Vanguard Malvern Fds (VPLS) at 6.0%, Vanguard Total World Stock Index Fund Et (VT) at 5.5%, Berkshire Hathaway Inc Del (BRK-B) at 5.5% and Vanguard Instl Index Fd (VBIL) at 5.1%.

What did Lakewood Asset Management LLC buy last quarter?

In Q2 2026, Lakewood Asset Management LLC added Booking Holdings Inc Com (BKNG) (+2394.9% shares), Dimensional ETF Trust (DFAW) (+266.6% shares) and Lululemon Athletica Inc Com (LULU) (+61.9% shares), compared with its Q1 2026 filing.

What did Lakewood Asset Management LLC sell last quarter?

In Q2 2026, Lakewood Asset Management LLC cut from its top 50 Vanguard Tx Ex Bd (VTEB), cut from its top 50 Vanguard S&p 500 ETF (VOO), cut from its top 50 Dropbox Inc (DBX), cut from its top 50 Meta Platforms Inc Class A (META), cut from its top 50 Lennar Corp A (LEN), Schwab Strategic Tr (FNDA) (-30.5% shares) and Vanguard Malvern Fds (VTIP) (-7.6% shares), compared with its Q1 2026 filing.

How has Lakewood Asset Management LLC's portfolio performed?

A portfolio copying Lakewood Asset Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +13.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +13.4% against +20.1%.

When is Lakewood Asset Management LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Lakewood Asset Management LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Lakewood Asset Management LLC manage?

Lakewood Asset Management LLC reported $248.7M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $182.3M.