Lodge Hill Capital, LLC
Long book
$517.9M
Q1 2026
Positions
22
Top-10 weight
61%
concentration
Last quarter
+19.5%
SPY +14.8%
Turnover
37%
of book per quarter
Strategy in plain words
auto-generated from filingsLodge Hill Capital, LLC is a concentrated fundamental stock-picker, running a $517.9M US long book across 22 positions.
The portfolio is concentrated: the top 10 names carry 61% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: OWENS CORNING, OSHKOSH CORP, ROCKET COS INC-CLASS A, H&R BLOCK INC, BRINK'S CO/THE.
Over the last 9 quarters its long book ran on average 3.2pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-9.8%
Q2 2024
+9.8%
Q3 2024
-7.0%
Q4 2024
-9.2%
Q1 2025
+3.5%
Q2 2025
+12.4%
Q3 2025
-0.9%
Q4 2025
-6.7%
Q1 2026
+19.5%
Sector allocation
Industrials 49%
Consumer discretionary 13%
Financials 12%
Other 12%
Services media 7%
Technology 4%
Communications 3%
Long book by quarter
What does Lodge Hill own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| OC OWENS CORNING | Industrials | 363.6K | $39.3M | 7.6% | +14.1% |
| OSK OSHKOSH CORP | Industrials | 240.0K | $35.3M | 6.8% | +860.0% |
| RKT ROCKET COS INC-CLASS A | Financials | 2.4M | $33.9M | 6.6% | +7.9% |
| HRB H&R BLOCK INC | Services media | 1.1M | $33.3M | 6.4% | +31.3% |
| BCO BRINK'S CO/THE | Industrials | 315.0K | $32.6M | 6.3% | -7.4% |
| MHK MOHAWK INDUSTRIES INC | Other | 302.5K | $29.8M | 5.8% | +7.1% |
| BC BRUNSWICK CORP | Industrials | 405.2K | $29.5M | 5.7% | -9.0% |
| CSL CARLISLE COS INC | Other | 87.5K | $29.2M | 5.6% | +52.1% |
| APO APOLLO GLOBAL MANAGEMENT INC | Financials | 247.9K | $27.6M | 5.3% | -15.4% |
| BLDR BUILDERS FIRSTSOURCE INC | Consumer discretionary | 333.0K | $27.4M | 5.3% | +9.9% |
| RS RELIANCE INC | Consumer discretionary | 85.0K | $25.8M | 5.0% | New |
| MBUU MALIBU BOATS INC - A | Industrials | 905.0K | $23.5M | 4.5% | Held |
| PATK PATRICK INDUSTRIES INC | Industrials | 205.0K | $22.8M | 4.4% | +13.9% |
| DAN DANA INC | Industrials | 600.0K | $20.2M | 3.9% | -33.3% |
| DELL DELL TECHNOLOGIES -C | Technology | 120.0K | $19.7M | 3.8% | New |
| ALK ALASKA AIR GROUP INC | Industrials | 507.8K | $18.7M | 3.6% | +32.7% |
| VSAT VIASAT INC | Communications | 375.0K | $17.2M | 3.3% | -48.3% |
| MTH MERITAGE HOMES CORP | Industrials | 235.0K | $14.5M | 2.8% | +17.5% |
| RH RH | Consumer discretionary | 95.0K | $13.3M | 2.6% | New |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 105.0K | $10.3M | 2.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR/ARESTATEMENT | May 18, 2026 | 22 | $517.9M | canonical | SEC ↗ |
| Q1 2026 | 13F-HR | May 14, 2026 | 22 | $517.9M | SEC ↗ | |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 22 | $529.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 6, 2025 | 20 | $559.8M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 18 | $434.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 22 | $422.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 22 | $362.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 25 | $321.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 25 | $371.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 19 | $417.5M | canonical | SEC ↗ |
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