Lyrical Asset Management 13F, Q2 2025
Lyrical Asset Management · quarter ending 30 June 2025 · filed 12 August 2025 · SEC CIK 1542302
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2025
The 25 largest of 38 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| NRG Energy, Inc. | NRG | $505.04M | 7.3% | -12% shares |
| Flex Ltd | $397.98M | 5.7% | -7% shares | |
| United Rentals, Inc. | URI | $392.66M | 5.7% | -9% shares |
| Ameriprise Financial, Inc. | AMP | $384.64M | 5.5% | -9% shares |
| Johnson Controls International plc | $365.56M | 5.3% | -8% shares | |
| AerCap Holdings NV | $328.93M | 4.7% | -8% shares | |
| Fidelity National Information Services, Inc. | FIS | $303.07M | 4.4% | -8% shares |
| F5, Inc. | FFIV | $290.92M | 4.2% | -7% shares |
| eBay Inc. | EBAY | $273.36M | 3.9% | -8% shares |
| HCA Healthcare Inc | HCA | $271.03M | 3.9% | -7% shares |
| Expedia Group, Inc. | EXPE | $269.23M | 3.9% | -8% shares |
| Uber Technologies, Inc. | UBER | $252.58M | 3.6% | -11% shares |
| Cigna Group | CI | $244.27M | 3.5% | -8% shares |
| Suncor Energy Inc. | SU | $236.22M | 3.4% | -11% shares |
| Gen Digital Inc. | GEN | $233.12M | 3.4% | -7% shares |
| Corpay, Inc. | CPAY | $213.62M | 3.1% | -11% shares |
| Arrow Electronics, Inc. | ARW | $169.89M | 2.5% | -7% shares |
| TD SYNNEX Corporation | SNX | $161.91M | 2.3% | -6% shares |
| Lithia Motors, Inc. | LAD | $158.68M | 2.3% | -7% shares |
| Primerica, Inc. | PRI | $142.13M | 2.0% | -11% shares |
| Global Payments Inc. | GPN | $135.43M | 1.9% | -7% shares |
| Assurant, Inc. | AIZ | $125.99M | 1.8% | -11% shares |
| Henry Schein, Inc. | HSIC | $117.19M | 1.7% | -11% shares |
| WESCO International, Inc. | WCC | $114.57M | 1.6% | -11% shares |
| LKQ Corporation | LKQ | $114.25M | 1.6% | new |
What changed since Q1 2025
Against the Q1 2025 filing, Lyrical Asset Management opened 2 new positions, added to 3, trimmed 32, left 1 unchanged and exited 2. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001062993-25-014128, filed by LYRICAL ASSET MANAGEMENT LP. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.