Lionstone Capital Management LLC Q3 2025 Filing

Filed November 14, 2025

Portfolio Value

$427.9M

Holdings

12

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (12 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	APGAPI GROUP CORP	2,616,750	$89.9M	21.02%
2	AMZNAMAZON COM INC	312,000	$68.5M	16.01%
3	GOOGALPHABET INC	261,120	$63.6M	14.86%
4	FSVFIRSTSERVICE CORP NEW	216,200	$41.2M	9.62%
5	SPGIS&P GLOBAL INC	84,000	$40.9M	9.55%
6	QXOQXO INC	2,121,212	$40.4M	9.45%
7	FERGFERGUSON ENTERPRISES INC	161,048	$36.2M	8.45%
8	CPRTCOPART INC	776,300	$34.9M	8.16%
9	LOWLOWES COS INC	41,450	$10.4M	2.43%
10	LBRDKLIBERTY BROADBAND CORP	24,605	$1.6M	0.37%
11	GLIBKGCI LIBERTY INC	4,921	$183K	0.04%
12	EFRENERGY FUELS INC	6,760	$103K	0.02%