Lancaster Investment Management
Net seller this quarter
$165M
9
-$26.1M
100.0%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 LBTYA | $43M | 26.00% | Not reported | -11.1% | Q4 2023 |
 ECHO | $39.9M | 24.12% | 0.82% | New | Q2 2026 |
 FLUT | $33.3M | 20.14% | 0.19% | -8.4% | Q2 2025 |
 MANU | $23.8M | 14.36% | Not reported | +6.2% | Q3 2024 |
 GGAL | $10.5M | 6.36% | Not reported | New | Q2 2026 |
 BMA | $10.1M | 6.13% | 0.02% | New | Q2 2026 |
 LEVI | $1.84M | 1.11% | 0.02% | New | Q2 2026 |
 DKS | $1.78M | 1.07% | 0.01% | -91.4% | Q3 2025 |
 GLRE | $1.16M | 0.70% | 0.22% | -34.6% | Q4 2023 |
| Q1 2026 | |||||
| LBTYA | $51.4M | 28.31% | Not reported | +18.1% | Q4 2023 |
| FLUT | $36.3M | 19.97% | 0.20% | +176.0% | Q2 2025 |
 ALV | $29.4M | 16.21% | 0.37% | -52.4% | Q1 2019 |
| DKS | $18.2M | 9.99% | 0.10% | -2.2% | Q3 2025 |
| MANU | $16.4M | 9.03% | Not reported | +8.5% | Q3 2024 |
 BUD | $14.7M | 8.11% | 0.01% | New | Q1 2026 |
 HDB | $11.3M | 6.23% | 0.00% | -2.6% | Q1 2024 |
| GLRE | $1.9M | 1.05% | 0.33% | Not reported | Q4 2023 |
| Q4 2025 | |||||
| ALV | $69.8M | 35.79% | 0.79% | -4.1% | Q1 2019 |
| LBTYA | $40.2M | 20.60% | Not reported | -13.2% | Q4 2023 |
| FLUT | $27.7M | 14.23% | 0.07% | -19.1% | Q2 2025 |
| DKS | $18.5M | 9.51% | 0.10% | -34.1% | Q3 2025 |
| HDB | $17.1M | 8.76% | 0.00% | +1.2% | Q1 2024 |
| MANU | $14.3M | 7.34% | Not reported | +1.0% | Q3 2024 |
 NKE | $5.75M | 2.95% | 0.01% | Not reported | Q2 2025 |
| GLRE | $1.6M | 0.82% | 0.32% | Not reported | Q4 2023 |
| Q3 2025 | |||||
| ALV | $75.7M | 32.46% | 0.80% | -32.9% | Q1 2019 |
| LBTYA | $47.6M | 20.41% | Not reported | -7.8% | Q4 2023 |
| FLUT | $40.5M | 17.36% | 0.09% | -56.6% | Q2 2025 |
| DKS | $31.6M | 13.53% | 0.15% | New | Q3 2025 |
| HDB | $15.8M | 6.77% | 0.00% | Not reported | Q1 2024 |
| MANU | $13.5M | 5.78% | Not reported | Not reported | Q3 2024 |
 TXG | $7.27M | 3.12% | 0.51% | New | Q3 2025 |
| GLRE | $1.4M | 0.60% | 0.32% | Not reported | Q4 2023 |