Analyzing Lomas Capital Management's Holdings: Changes in Q3 and Q4 2020

In the world of finance and investment, it is crucial to keep an eye on the assets and holdings of investment management firms. One such firm that recently released its 13F filings for Q3 2020 and Q4 2020 is Lomas Capital Management, LLC. This blog post will provide a summary of the changes in the firm's holdings during this period.

Before delving into the details, it is essential to understand what 13F filings are. The Securities and Exchange Commission (SEC) requires all investment management firms with over $100 million in assets under management to file Form 13F. These forms provide insights into the investment holdings of the firm, including the number of shares held, the value of those shares, and any changes to the positions during the quarter.

Now, to the holdings. Lomas Capital Management's top holding in Q3 2020 was AMAZON COM INC (AMZN), with 13,754 shares valued at $43,308,000. However, in Q4 2020, Lomas Capital Management increased its holdings of AMZN by a whopping 134.2%, with 32,201 shares valued at $104,876,000. This represents a significant increase of 142.2% in the value of the firm's holdings in AMZN.

Another notable change in Lomas Capital Management's holdings is the increase in its position in AMERICAN FINL GROUP INC OHIO (AFG). In Q3 2020, the firm held 631,821 shares of AFG, with a value of $42,320,000. However, in Q4 2020, the firm increased its holdings of AFG by 72.7%, with 1,092,330 shares valued at $95,710,000. This represents a significant increase of 126.2% in the value of the firm's holdings in AFG.

FACEBOOK INC (META) is another stock in which Lomas Capital Management increased its position significantly. In Q3 2020, the firm held 158,040 shares of META, with a value of $41,391,000. However, in Q4 2020, the firm increased its holdings of META by 97.1%, with 312,347 shares valued at $85,321,000. This represents a significant increase of 106.1% in the value of the firm's holdings in META.

CHUBB LIMITED (CB) is another stock that saw a substantial increase in Lomas Capital Management's holdings during Q4 2020. In Q3 2020, the firm held 290,064 shares of CB, with a value of $33,692,000. However, in Q4 2020, the firm increased its holdings of CB by 67.2%, with 484,544 shares valued at $74,581,000. This represents a significant increase of 121.4% in the value of the firm's holdings in CB.

Moving to the financial sector, Lomas Capital Management increased its position in AMERICAN FINL GROUP INC OHIO (AFG). In Q3 2020, the firm held no shares of AES CORP. However, in Q4 2020, the firm increased its holdings of AES by acquiring 2,129,707 shares with a value of $50,048,000.

Other notable changes in Lomas Capital Management's holdings include the significant increase in the position in BARRICK GOLD CORP (ABX.TO) by 220.1%. The firm increased its holdings from 544,305 shares valued at $15,300,000 in Q3 2020 to 1,688,894 shares valued at $48,978,000 in Q4 2020.

Additionally, the firm initiated a position in BEACON ROOFING SUPPLY INC (BECN) during Q4 2020, acquiring 658,606 shares with a value of $26,469,000. The firm also initiated a position in FOMENTO ECONOMICO MEXICANO S (FMX) by acquiring 246,449 shares with a value of $18,673,000.

On the flip side, Lomas Capital Management sold all its shares in SPDR GOLD TR (GLD) during Q4 2020. The firm had held 338,736 shares of GLD valued at $59,997,000 in Q3 2020.

In conclusion, Lomas Capital Management made some strategic changes to its holdings during Q4 2020, with significant increases in its positions in some stocks and divestitures in others. This shows that the firm is always looking for the best investment opportunities and adjusting its portfolio accordingly. As always, investors should do their due diligence before investing in any stock and seek professional advice.