13F Portfolios

Lionstone Capital Management LLC: FERGUSON ENTERPRISES INC (FERG): Quarterly 13F Position History

As of Q1 2026, Lionstone Capital Management LLC reported 161,048 shares of FERGUSON ENTERPRISES INC (FERG), worth $37.6M and representing 9.1% of its 13F equity book. The position first appeared in Q3 2024 and has been disclosed across 7 13F-HR filings in Pactolio's tracked window.

Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 7 quarter s

Quarter Shares QoQ Share Change Share Change (%) Market Value Weight Implied Price
Q1 2026 161,048 0 $37.6M 9.1% $233.3
Q4 2025 161,048 0 $35.9M 8.3% $222.6
Q3 2025 161,048 0 $36.2M 8.5% $224.6
Q2 2025 161,048 0 $35.1M 8.4% $217.8
Q1 2025 161,048 0 $25.8M 7.1% $160.2
Q4 2024 161,048 0 $28.0M 7.2% $173.6
Q3 2024 161,048 $32.0M 8.6% $198.6

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 Lionstone Capital Management LLC first disclose a FERG position in 13F-HR filings?

Lionstone Capital Management LLC first reported FERGUSON ENTERPRISES INC (FERG) on its 13F-HR filing for the period ending 2024-09-30 (Q3 2024). The position has appeared on 7 reported quarters within Pactolio's tracked window.

What was Lionstone Capital Management LLC's most recent quarter-over-quarter share-count change in FERG?

Lionstone Capital Management LLC held the same 161,048 shares of FERG between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.

Does the implied price-per-share represent Lionstone Capital Management LLC's cost basis in FERG?

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.