Twin Lions Management LLC
Long book
$165.5M
Q1 2026
Positions
10
Top-10 weight
100%
concentration
Last quarter
+15.4%
SPY +14.8%
Turnover
20%
of book per quarter
Strategy in plain words
auto-generated from filingsTwin Lions Management LLC is a concentrated fundamental stock-picker, running a $165.5M US long book across 10 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: CREDIT ACCEPTANCE CORP, MALIBU BOATS INC - A, BANK OZK, SEABOARD CORP, CAL-MAINE FOODS INC.
Over the last 6 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 4 of 6 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2024
-2.3%
Q1 2025
+9.1%
Q2 2025
+1.3%
Q3 2025
+2.7%
Q4 2025
-1.5%
Q1 2026
+15.4%
Sector allocation
Financials 36%
Industrials 22%
Consumer discretionary 18%
Other 13%
Consumer staples 11%
Long book by quarter
What does Twin Lions own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| CACC CREDIT ACCEPTANCE CORP | Financials | 97.2K | $41.2M | 24.9% | +15.8% |
| MBUU MALIBU BOATS INC - A | Industrials | 1.1M | $28.9M | 17.4% | -2.2% |
| OZK BANK OZK | — | 485.2K | $22.3M | 13.5% | +21.7% |
| SEB SEABOARD CORP | Consumer discretionary | 3.2K | $17.9M | 10.8% | -28.1% |
| CALM CAL-MAINE FOODS INC | Consumer staples | 221.5K | $17.5M | 10.6% | New |
| BSVN BANK7 CORP | Financials | 323.4K | $12.9M | 7.8% | +8.6% |
| DG DOLLAR GENERAL CORP | Consumer discretionary | 93.8K | $11.1M | 6.7% | -31.8% |
| BKNG BOOKING HOLDINGS INC | Industrials | 1.8K | $7.7M | 4.6% | New |
| SYF SYNCHRONY FINANCIAL | Financials | 84.0K | $5.7M | 3.5% | -5.4% |
| PATK PATRICK INDUSTRIES INC | Industrials | 3.5K | $383K | 0.2% | -88.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 20 | $165.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 16 | $148.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 8 | $152.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 8 | $153.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 7 | $103.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 7 | $103.0M | canonical | SEC ↗ |
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