Lyrical Asset Management 13F, Q4 2025
Lyrical Asset Management · quarter ending 31 December 2025 · filed 11 February 2026 · SEC CIK 1542302
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2025
The 25 largest of 37 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2025 filing.
| Company | Ticker | Value | % of book | vs Q3 2025 |
|---|---|---|---|---|
| Amcor PLC | $562.90M | 7.4% | -4% shares | |
| NRG Energy, Inc. | NRG | $478.93M | 6.3% | -6% shares |
| Flex Ltd | $455.41M | 6.0% | -8% shares | |
| Expedia Group, Inc. | EXPE | $452.46M | 5.9% | -5% shares |
| Johnson Controls International plc | $402.10M | 5.3% | -5% shares | |
| AerCap Holdings NV | $400.03M | 5.2% | -7% shares | |
| Ameriprise Financial, Inc. | AMP | $353.27M | 4.6% | -5% shares |
| HCA Healthcare Inc | HCA | $333.86M | 4.4% | -5% shares |
| eBay Inc. | EBAY | $320.52M | 4.2% | -5% shares |
| Uber Technologies, Inc. | UBER | $287.53M | 3.8% | +25% shares |
| NetApp, Inc. | NTAP | $278.73M | 3.6% | -6% shares |
| Fidelity National Information Services, Inc. | FIS | $253.54M | 3.3% | -5% shares |
| F5, Inc. | FFIV | $251.89M | 3.3% | -5% shares |
| Gen Digital Inc. | GEN | $221.54M | 2.9% | -5% shares |
| SS&C Technologies Holdings, Inc. | SSNC | $220.57M | 2.9% | new |
| Cigna Group | CI | $210.96M | 2.8% | -4% shares |
| Corpay, Inc. | CPAY | $203.34M | 2.7% | -4% shares |
| TD SYNNEX Corporation | SNX | $183.34M | 2.4% | -5% shares |
| ICON Plc | $176.38M | 2.3% | new | |
| Assurant, Inc. | AIZ | $160.57M | 2.1% | -5% shares |
| WESCO International, Inc. | WCC | $159.38M | 2.1% | -4% shares |
| Affiliated Managers Group, Inc. | AMG | $159.01M | 2.1% | -5% shares |
| Lithia Motors, Inc. | LAD | $158.10M | 2.1% | -6% shares |
| Arrow Electronics, Inc. | ARW | $146.39M | 1.9% | -6% shares |
| Global Payments Inc. | GPN | $140.62M | 1.8% | -6% shares |
What changed since Q3 2025
Against the Q3 2025 filing, Lyrical Asset Management opened 3 new positions, added to 5, trimmed 29, left 0 unchanged and exited 4. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- SSNC$220.57M
- ICON Plc$176.38M
- Grab Holdings Limited Class A$3.77M
Added to
Other quarters
Source: SEC Form 13F-HR, accession 0001062993-26-000784, 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.