SEC 13F Intelligence

Managers / Q1 2021 · view latest →

LYRICAL ASSET MANAGEMENT LP

CIK 0001542302 · 250 WEST 55TH STREET, 37TH FLOOR, NEW YORK, NY, 10019 · 212 415 6600

Reported Value
$8.5B
Q1 2021
Positions
33
Filings on Record
30
2019–present window
Filed
May 17, 2021
original filing

Summary

Lyrical Asset Management LP reported $8.5B in U.S.-listed holdings across 33 positions for Q1 2021.

Its largest position, URI, represents 6.5% of the portfolio.

Compared with Q4 2020, the fund opened 2 new positions and exited 6.

Portfolio Metrics

Turnover
+9.6%
vs prior filed quarter
Top-10 Concentration
+46.0%
share of reported value
Largest Position
+6.5%
United Rentals
New / Exited
2 / 6
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $6.6BQ4 ’18Q1 ’19: $7.5BQ2 ’19: $7.2BQ3 ’19: $6.6BQ4 ’19: $7.4BQ4 ’19Q1 ’20: $4.1BQ2 ’20: $5.1BQ3 ’20: $5.5BQ4 ’20: $7.2BQ4 ’20Q1 ’21: $8.5BQ2 ’21: $8.3BQ3 ’21: $7.8BQ4 ’21: $7.5BQ4 ’21Q1 ’22: $7.2BQ2 ’22: $5.8BQ3 ’22: $4.8BQ4 ’22: $4.7BQ4 ’22Q1 ’23: $5.1BQ2 ’23: $5.3BQ3 ’23: $5.3BQ4 ’23: $6.1BQ4 ’23Q1 ’24: $6.7BQ2 ’24: $6.2BQ3 ’24: $6.9BQ4 ’24: $6.8BQ4 ’24Q1 ’25: $6.6BQ2 ’25: $6.9BQ3 ’25: $7.1BQ4 ’25: $7.6BQ4 ’25Q1 ’26: $6.6Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 86.7%Other: 13.3%
  • Common Stock · 86.7% · $7.4B
  • Other · 13.3% · $1.1B

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EBAeBay Inc.NEW+5.46M5.46M+$334M$334M
LADLithia Motors, Inc. Class ANEW+537.1K537.1K+$210M$210M
CECelanese CorporationSOLD OUT−2.69M0−$350M$0
PWRQuanta Services, Inc.SOLD OUT−3.37M0−$243M$0
EOGEOG Resources, Inc.SOLD OUT−2.96M0−$148M$0
iShares Russell 1000 Value ETFSOLD OUT−92.2K0−$13M$0
Vanguard U.S. Value Factor ETFSOLD OUT−5.2K0−$407,000$0
NXP Semiconductors NVSOLD OUT−2.5K0−$396,000$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2021

33 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1URIUnited Rentals, Inc.history →COM6.47%$551M1.67M
2DELLDell Technologies Inc Class Chistory →CL C5.22%$445M5.04M
3A4SAmeriprise Financial, Inc.history →COM5.20%$443M1.90M
4HCAHCA Healthcare Inchistory →COM4.67%$398M2.11M
5XPOXPO Logistics, Inc.history →COM4.50%$383M3.11M
6AVGOBroadcom Inc.history →COM4.21%$359M773.8K
7WHRWhirlpool Corporationhistory →COM4.16%$354M1.61M
8CCKCrown Holdings, Inc.history →COM3.95%$336M3.46M
9EBAeBay Inc.history →COM3.93%$334M5.46M
10AerCap Holdings NVCOM3.66%$311M5.30M
11LNCLincoln National Corporationhistory →COM3.61%$307M4.94M
12WDCWestern Digital Corporationhistory →COM3.59%$306M4.58M
13Flex Ltd.COM3.52%$300M16.38M
14HN9Hanesbrands Inc.history →COM3.30%$281M14.28M
15Liberty Global Plc Class CCL C3.26%$277M10.86M
16Adient plcCOM2.82%$240M5.44M
17SUSuncor Energy Inc.history →COM2.54%$217M10.36M
18BFHAlliance Data Systems Corporationhistory →COM2.50%$213M1.90M
19LADLithia Motors, Inc. Class Ahistory →CL A2.46%$210M537.1K
20CNCCentene Corporationhistory →COM2.41%$205M3.21M
21ARWArrow Electronics, Inc.history →COM2.36%$201M1.82M
22BERYEURBerry Global Group Inchistory →COM2.17%$185M3.02M
23ALAir Lease Corporation Class Ahistory →CL A2.08%$177M3.62M
24AIZAssurant, Inc.history →COM2.06%$176M1.24M
25CNXCConcentrix Corporationhistory →COM1.99%$170M1.13M
26AMGAffiliated Managers Group, Inc.history →COM1.93%$165M1.11M
27QVCAUSDQurate Retail, Inc. Class Ahistory →CL A1.91%$163M13.85M
28UNVREURUnivar Solutions Inc.history →COM1.83%$156M7.25M
29NRANRG Energy, Inc.history →COM1.81%$154M4.08M
30VISNCommScope Holding Co., Inc.history →COM1.70%$145M9.45M
31SUXSYNNEX Corporationhistory →COM1.53%$130M1.13M
32GRA1EURW R Grace & Cohistory →COM1.45%$124M2.06M
33OI*O-I Glass Inchistory →COM1.18%$101M6.82M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$6.6B39May 11, 202613F-HRchanges · EDGAR ↗
Q4 2025$7.6B37Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$7.1B38Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$6.9B38Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$6.6B38May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$6.8B38Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$6.9B38Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$6.2B36Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$6.7B36May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$6.1B40Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$5.3B41Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$5.3B40Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$5.1B38May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$4.7B47Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$4.8B38Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$5.8B41Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$7.2B39May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$7.5B37Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$7.8B34Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$8.3B33Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$8.5B33May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$7.2B37Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$5.5B33Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$5.1B32Aug 7, 202013F-HRchanges · EDGAR ↗
Q1 2020$4.1B39May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$7.4B34Feb 11, 202013F-HRchanges · EDGAR ↗
Q3 2019$6.6B33Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$7.2B35Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$7.5B33May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$6.6B36Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Alaska Permanent Fund Corp028-20231

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.