Lecap Asset Management LTD

Diversified strategyHigh-turnover traderContrarian

Total reported value

$265.9M

Reporting period: 2026-03-31 · Number of holdings: 267

LECAP ASSET MANAGEMENT LTD disclosed 267 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $265.9M and a quarterly turnover rate of 120.1%.

Personality snowflake

Concentration: 2.11
Portfolio Stability: 100
Momentum/Contrarian: 11.01
Sector conviction: 60.43
Diversification: 100
Sizing Uniformity: 93.61

Recent moves

Add AAPL
+578.2%　$2.1M
Trim INVH
-68.2%　-$1.8M
Trim CMI
-80.0%　-$1.7M
Add AMP
+509.8%　$1.8M
Add EL
+660.7%　$1.7M
Add DOCU
+332.5%　$1.7M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	IBKR	Interactive Brokers Gro-cl A	Stock-Financials	1.03%	+1.03%	NEW
2	TOL	Toll Brothers INC	Stock-Consumer Disc	1.02%	+1.02%	NEW
3	SYY	Sysco CORP	Stock-Consumer Staples	1.01%	+1.01%	NEW
4	MA	Mastercard INC - A	Stock-Financials	1.00%	+1.00%	NEW
5	SSNC	Ss&c Technologies Holdings	Stock-Tech	0.98%	+0.98%	NEW
6	TPG	Tpg INC	Stock-Financials	0.97%	+0.97%	NEW
7	AIG	American International Group	Stock-Financials	0.96%	+0.96%	NEW
8	CPRT	Copart INC	Stock-Industrials	0.96%	—	+59.81%
9	HST	Host Hotels & Resorts INC	Stock-Real Estate	0.95%	—	+21.75%
10	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.94%	—	+198.06%
11	DOCU	Docusign INC	Stock-Tech	0.94%	+0.61%	+332.51%
12	IEX	Idex CORP	Stock-Industrials	0.93%	+0.93%	NEW
13	AAPL	Apple INC	Stock-Tech	0.93%	+0.77%	+578.19%
14	VRSN	Verisign INC	Stock-Tech	0.90%	+0.90%	NEW
15	DECK	Deckers Outdoor CORP	Stock-Consumer Disc	0.88%	—	+22.31%
16	AMP	Ameriprise Financial INC	Stock-Financials	0.84%	+0.68%	+509.79%
17	PODD	Insulet CORP	Stock-Healthcare	0.83%	—	+17.45%
18	CNC	Centene CORP	Stock-Healthcare	0.82%	—	+29.77%
19	TPR	Tapestry INC	Stock-Consumer Disc	0.80%	+0.80%	NEW
20	EL	Estee Lauder Companies-cl A	Stock-Consumer Staples	0.80%	+0.64%	+660.68%
21	NOW	Servicenow INC	Stock-Tech	0.79%	—	+19.78%
22	MTD	Mettler-toledo International	Stock-Healthcare	0.78%	+0.78%	NEW
23	ISRG	Intuitive Surgical INC	Stock-Healthcare	0.77%	—	+142.15%
24	UNM	Unum Group	Stock-Financials	0.76%	—	+28.56%
25	TGT	Target CORP	Stock-Consumer Disc	0.75%	+0.75%	NEW
26	RRX	Regal Rexnord CORP	Stock-Industrials	0.74%	+0.74%	NEW
27	BBWI	Bath & Body Works INC	Stock-Consumer Disc	0.74%	—	+89.13%
28	UBER	Uber Technologies INC	Stock-Industrials	0.73%	—	+489.51%
29	APH	Amphenol Corp-cl A	Stock-Tech	0.72%	+0.72%	NEW
30	DG	Dollar General CORP	Stock-Consumer Staples	0.72%	+0.72%	NEW
31	CHE	Chemed CORP	Stock-Healthcare	0.71%	—	+137.90%
32	ELV	Elevance Health INC	Stock-Healthcare	0.70%	+0.70%	NEW
33	VICI	Vici Properties INC	Stock-Real Estate	0.70%	—	-24.54%
34	ACGL	Arch Capital Group Ltd.	Stock-Financials	0.69%	—	+52.84%
35	BLDR	Builders Firstsource INC	Stock-Industrials	0.69%	+0.69%	NEW
36	SF	Stifel Financial CORP	Stock-Financials	0.68%	—	+122.77%
37	FND	Floor & Decor Holdings Inc-a	Stock-Consumer Disc	0.65%	—	+105.84%
38	PATH	Uipath INC - Class A	Stock-Tech	0.65%	—	+74.44%
39	MSFT	Microsoft CORP	Stock-Tech	0.63%	+0.63%	NEW
40	ALGN	Align Technology INC	Stock-Healthcare	0.63%	—	-15.39%
41	FICO	Fair Isaac CORP	Stock-Tech	0.62%	—	+411.88%
42	FDX	Fedex CORP	Stock-Industrials	0.62%	+0.62%	NEW
43	MU	Micron Technology INC	Stock-Tech	0.62%	—	-17.62%
44	MORN	Morningstar INC	Stock-Financials	0.61%	—	—
45	ON	On Semiconductor	Stock-Tech	0.60%	—	+233.37%
46	FOX	Fox CORP - Class B	Stock-Comm Services	0.60%	—	+69.60%
47	FNF	Fidelity National Financial	Stock-Financials	0.59%	—	+84.19%
48	CGNX	Cognex CORP	Stock-Tech	0.59%	—	+14.15%
49	AMH	American Homes 4 Rent- A	Stock-Real Estate	0.58%	—	—
50	AME	Ametek INC	Stock-Industrials	0.58%	—	—

1–50 of 267

Portfolio Performance

Performance for Q3 2026

+5.7%

Performance Last 4 Quarters

+18.1%

Based on 77% of reported portfolio value with available pricing

Stdev: +14.3%
Beta: +0.95
Alpha: -2.1%
Max Drawdown: -10.9%
Annualized Perf: +14.9%
Batting Avg vs S&P: +48.3%
Sortino: +1.74
Stutzer: +0.3
Treynor: +0.16
Sterling: +0.77
Calmar: +1.37
Information Ratio: -0.36
Tracking Error: +8.1%
Stdev Down: +8.6%
Winning Months %: +69%
Losing Months %: +31%
Best 12 Months: +23.9%
Worst 12 Months: +2.5%
Efficiency Ratio: +0.39
Sharpe: +1.05
Stdev Sectors: +9.1%
Skewness: -0.39
Kurtosis: -0.14
Upside Potential: +3.33

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	267	$265.9M	100	1IBKR 2TOL 3SYY Top holdings2026-03-31 1.IBKR 2.TOL 3.SYY 4.MA 5.SSNC 6.TPG 7.AIG 8.CPRT 9.HST 10.BRK-B
2025-12-31	277	$251.1M	100	1MSI 2NOW 3VICI Top holdings2025-12-31 1.MSI 2.NOW 3.VICI 4.PODD 5.OTIS 6.NVDA 7.INVH 8.VRSK 9.CART 10.DXCM
2025-09-30	266	$287.7M	100	1NVDA 2TJX 3CCI Top holdings2025-09-30 1.NVDA 2.TJX 3.CCI 4.MRSH 5.SCHW 6.SFM 7.TW 8.TXN 9.CL 10.FERG
2025-06-30	282	$282.7M	0	1TPR 2TMUS 3MA Top holdings2025-06-30 1.TPR 2.TMUS 3.MA 4.BSX 5.VRSK 6.CCI 7.CL 8.CNC 9.IPG 10.OTIS
2025-03-31	278	$428.2M	0	1JBHT 2A 3HO1 Top holdings2025-03-31 1.JBHT 2.A 3.HO1 4.GEHC 5.KNX 6.EVR 7.HUM 8.DXCM 9.DT 10.CTSH
2024-12-31	279	$368.9M	0	1CDW 2LDOS 3SCHW Top holdings2024-12-31 1.CDW 2.LDOS 3.SCHW 4.CTAS 5.HO1 6.LRCX 7.GWW 8.AME 9.EPAM 10.ADBE
2024-09-30	297	$463.1M	0	1VEEV 2UNP 3GWRE Top holdings2024-09-30 1.VEEV 2.UNP 3.GWRE 4.ADBE 5.EFX 6.DDOG 7.VRSK 8.WDAY 9.AME 10.LRCXEUR
2024-06-30	301	$463.0M	0	1ODFL 2MMM 3DT Top holdings2024-06-30 1.ODFL 2.MMM 3.DT 4.BDX 5.CSX 6.TMO 7.PGR 8.V 9.LPLA 10.STT
2024-03-31	281	$480.4M	0	1KR 2VRSK 3CARR Top holdings2024-03-31 1.KR 2.VRSK 3.CARR 4.DOV 5.INTU 6.AVGO 7.ICLR 8.ADBE 9.ZM 10.ITW
2023-12-31	279	$274.7M	0	1FDX 2QCOM 3HUM Top holdings2023-12-31 1.FDX 2.QCOM 3.HUM 4.KLAC 5.WMT 6.STT 7.DE 8.ALL 9.CMI 10.GE

Holding changes this quarter

Lecap Asset Management LTD's most significant position changes for 2026-03-31: New buy: Interactive Brokers Gro-cl A (IBKR); New buy: Toll Brothers INC (TOL); New buy: Sysco CORP (SYY); New buy: Mastercard INC - A (MA); Sold out: Motorola Solutions INC (MSI).

Position changes disclosed by Lecap Asset Management LTD for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	AAPL	Apple INC	+0.8%	+578.19%	Add
2	AMP	Ameriprise Financial INC	+0.7%	+509.79%	Add
3	EL	Estee Lauder Companies-cl A	+0.6%	+660.68%	Add
4	DOCU	Docusign INC	+0.6%	+332.51%	Add
5	CMI	Cummins INC	-0.7%	-79.96%	Trim
6	INVH	Invitation Homes INC	-0.7%	-68.18%	Trim
7	IBKR	Interactive Brokers Gro-cl A	—	NEW	New buy
8	TOL	Toll Brothers INC	—	NEW	New buy
9	SYY	Sysco CORP	—	NEW	New buy
10	MA	Mastercard INC - A	—	NEW	New buy
11	MSI	Motorola Solutions INC	—	EXIT	Sold out
12	SSNC	Ss&c Technologies Holdings	—	NEW	New buy
13	TPG	Tpg INC	—	NEW	New buy
14	AIG	American International Group	—	NEW	New buy
15	IEX	Idex CORP	—	NEW	New buy
16	VRSK	Verisk Analytics INC	—	EXIT	Sold out
17	VRSN	Verisign INC	—	NEW	New buy
18	CART	Maplebear INC	—	EXIT	Sold out
19	DXCM	Dexcom INC	—	EXIT	Sold out
20	CHWY	Chewy INC - Class A	—	EXIT	Sold out
21	TPR	Tapestry INC	—	NEW	New buy
22	TOST	Toast Inc-class A	—	EXIT	Sold out
23	MTD	Mettler-toledo International	—	NEW	New buy
24	ARE	Alexandria Real Estate Equit	—	EXIT	Sold out
25	ADP	Automatic Data Processing	—	EXIT	Sold out
26	TGT	Target CORP	—	NEW	New buy
27	RRX	Regal Rexnord CORP	—	NEW	New buy
28	ROST	Ross Stores INC	—	EXIT	Sold out
29	WMT	Walmart INC	—	EXIT	Sold out
30	MKTX	Marketaxess Holdings INC	—	EXIT	Sold out
31	✓	On Hldg AG	—	EXIT	Sold out
32	AVGO	Broadcom INC	—	EXIT	Sold out
33	APH	Amphenol Corp-cl A	—	NEW	New buy
34	DG	Dollar General CORP	—	NEW	New buy
35	ROK	Rockwell Automation INC	—	EXIT	Sold out
36	ELV	Elevance Health INC	—	NEW	New buy
37	CCI	Crown Castle INC	—	EXIT	Sold out
38	BLDR	Builders Firstsource INC	—	NEW	New buy
39	MRSH	Marsh & Mclennan Cos	—	EXIT	Sold out
40	BSX	Boston Scientific CORP	—	EXIT	Sold out
41	PFG	Principal Financial Group	—	EXIT	Sold out
42	MASI*	Masimo CORP	—	EXIT	Sold out
43	ROP	Roper Technologies INC	—	EXIT	Sold out
44	SWK	Stanley Black & Decker INC	—	EXIT	Sold out
45	CACI	Caci International INC -cl A	—	EXIT	Sold out
46	DOC	Healthpeak Properties INC	—	EXIT	Sold out
47	MSFT	Microsoft CORP	—	NEW	New buy
48	LYFT	Lyft Inc-a	—	EXIT	Sold out
49	HIG	Hartford Insurance Group INC	—	EXIT	Sold out
50	FDX	Fedex CORP	—	NEW	New buy

FAQ

What is Lecap Asset Management LTD and what type of investor is it?

Lecap Asset Management LTD is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $265.9M, spread across 267 disclosed positions.

What are Lecap Asset Management LTD's largest equity positions?

Based on the latest 13F filing, Lecap Asset Management LTD's top holdings by market value are: 1. Interactive Brokers Gro-cl A (IBKR) — $2.7M (1.0%) 2. Toll Brothers INC (TOL) — $2.7M (1.0%) 3. Sysco CORP (SYY) — $2.7M (1.0%) 4. Mastercard INC - A (MA) — $2.7M (1.0%) 5. Ss&c Technologies Holdings (SSNC) — $2.6M (1.0%)

What changes did Lecap Asset Management LTD make in its most recent portfolio filing?

In the latest reported quarter, Lecap Asset Management LTD made 50 notable position adjustments: 19 new positions were initiated, 4 existing holdings were added to, 2 positions were partially reduced, and 25 were completely exited. The largest of these moves: New buy: Interactive Brokers Gro-cl A (IBKR); New buy: Toll Brothers INC (TOL); New buy: Sysco CORP (SYY); New buy: Mastercard INC - A (MA); Sold out: Motorola Solutions INC (MSI)

What sectors does Lecap Asset Management LTD focus on?

Lecap Asset Management LTD is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 30.6% • Financials: 20.9% • Health Care: 19.5% • Consumer Discretionary: 12.8% • Industrials: 7.2% • Communication Services: 5.9%