13F Portfolios

Conifer Management, L.L.C.: LITHIA MOTORS INC (LAD): Quarterly 13F Position History

As of Q1 2026, Conifer Management, L.L.C. reported 212,000 shares of LITHIA MOTORS INC (LAD), worth $52.9M and representing 10.1% of its 13F equity book. Quarter-over-quarter share count change: 188,000 (-47.0%) . The position first appeared in Q4 2022 and has been disclosed across 14 13F-HR filings in Pactolio's tracked window.

Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 14 quarter s

Quarter Shares QoQ Share Change Share Change (%) Market Value Weight Implied Price
Q1 2026 212,000 188,000 -47.0% $52.9M 10.1% $249.7
Q4 2025 400,000 0 $132.9M 22.0% $332.3
Q3 2025 400,000 100,000 -20.0% $126.4M 20.0% $316.0
Q2 2025 500,000 0 $168.9M 22.0% $337.8
Q1 2025 500,000 0 $146.8M 22.2% $293.5
Q4 2024 500,000 200,000 -28.6% $178.7M 23.0% $357.4
Q3 2024 700,000 0 $222.3M 25.5% $317.6
Q2 2024 700,000 0 $176.7M 21.7% $252.4
Q1 2024 700,000 0 $210.6M 23.2% $300.9
Q4 2023 700,000 0 $230.5M 22.4% $329.3
Q3 2023 700,000 0 $206.7M 23.3% $295.3
Q2 2023 700,000 +200,000 +40.0% $212.9M 23.4% $304.1
Q1 2023 500,000 0 $114.5M 13.7% $228.9
Q4 2022 500,000 $102.4M 12.5% $204.7

Methodology & FAQ

How This Position History Is Sourced

Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.

When did Conifer Management, L.L.C. first disclose a LAD position in 13F-HR filings?

Conifer Management, L.L.C. first reported LITHIA MOTORS INC (LAD) on its 13F-HR filing for the period ending 2022-12-31 (Q4 2022). The position has appeared on 14 reported quarters within Pactolio's tracked window.

What was Conifer Management, L.L.C.'s most recent quarter-over-quarter share-count change in LAD?

Between Q4 2025 and Q1 2026, Conifer Management, L.L.C. reduced its LAD position by 188,000 shares (-47.0%), leaving 212,000 shares at a market value of $52.9M.

Does the implied price-per-share represent Conifer Management, L.L.C.'s cost basis in LAD?

No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.