Arkolith/Funds/Lionstone Capital Management LLC

Lionstone Capital Management LLC

CIK 1575662
Holdings as of Jun 30, 2026·disclosed Aug 14, 2026·~45-day 13F lag·13F-HR
Active Filer

Lionstone Capital Management LLC holds a concentrated book of 11 reported positions worth $435.0M as of Q2 2026 (disclosed Aug 14, 2026, a ~45-day 13F lag). Their largest long position is Api Group Corp at 24% of the reported non-option book. Cloning the disclosed picks since 2025 would be -1% (-1.2%/yr). That is a simulation of the disclosed long book, not audited returns.

Opened
0
bought for the first time
no new positions
Added to
2
already held, bought more
Trimmed
0
sold some, still holds it
no trims
Sold out
1
exited the position entirely

Growth of $10,000: cloning the disclosed book

If you'd copied them
-1.3%
-1.2%/yr · since Aug '25
Their reported book
-0.9%
held from quarter-end
S&P 500
+19.5%
same window
$9K$10K$11K$11K$12KAug '25Oct '25Jan '26Apr '26Jun '26Sep '26
Lionstone Capital Management LLC (copied at disclosure) S&P 500

Growth of $10,000 cloning Lionstone Capital Management LLC's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~45 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

How much sits in the biggest positions

Top-heavy: concentrated book

Top 5 holdings
78%
Top 10 holdings
100%
Top 20 holdings
100%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

100% mapped to company sectors

Industrials
43%
Consumer Discretionary
20%
Information Technology
19%
Real Estate
10%
Financials
8%

+2 sectors below the cut, under 0.5% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Lionstone Capital Management LLC

Manager / fundShared namesTheir $ in those
Skye Global Management LP3 / 11$2.6B
Maniro Ltd2 / 11$216.1M
Powszechne Towarzystwo Emerytalne Allianz Polska S.A.2 / 11$135.2M
Laura & John Arnold Foundation2 / 11$143.4M
Jackson Hill Advisors, LLC5 / 11$76.4M
Noked Israel Ltd2 / 11$364.2M
Nellore Capital Management LLC2 / 11$330.9M
Arrow Capital Management, LLC4 / 11$65.2M

Ranked by the share of each fund's own book sitting in the names it shares with Lionstone Capital Management LLC: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each position's share of the portfolio. Click a row for its position history.

11 positions
#SecurityValueShares% PortLast moveHistory
1Api Group Corp
COM STK
$104.9M2.48M
24.1%
Held
2Alphabet Inc
CAP STK CL C
$82.5M233.5K
19.0%
Held
3Amazon Com Inc
COM
$66.7M279.7K
15.3%
Held
4Qxo Inc
COM NEW
$44.2M2.56M
10.2%
+9.7%
Added · +226K sh
5Firstservice Corp New
COM
$41.3M290.9K
9.5%
+11%
Added · +29K sh
6Ferguson Enterprises Inc
COMMON STOCK NEW
$38.2M161.0K
8.8%
Held
7S&P Global Inc
COM
$34.2M84.0K
7.9%
Held
8Copart Inc
COM
$21.9M776.3K
5.0%
Held
9Liberty Broadband Corp
COM SER C
$818K24.6K
0.2%
Held
10Liberty Cap Corp
SER C GCI GROUP
$147K6.8K
<0.1%
Held
11Energy Fuels Inc
COM NEW
$98K6.8K
<0.1%
Held
Showing all 11 positions
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Filing history

As-of date vs the date the SEC received each filing

$435.0M · Q2 2026Q2 2025 · $416.4MQ2 2026 · $435.0M

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Aug 14, 202645d11$435.0M13F-HR
Q1 2026Mar 31, 2026May 15, 202645d12$413.0M13F-HR
Q4 2025Dec 31, 2025Feb 17, 202648d12$432.6M13F-HR
Q3 2025Sep 30, 2025Nov 14, 202545d12$427.9M13F-HR
Q2 2025Jun 30, 2025Aug 14, 202545d11$416.4M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.