Greg Alexander's Conifer Management exited Lithia Motors Inc (LAD) during 2026 Q2, according to the 13F-HR filed with the SEC on August 13, 2026, selling all 212K shares. The position had been worth about $52.9M at the prior quarter-end and carried 10.11% of the book. LAD had been in the portfolio for 3.5 years, since the quarter ended December 31, 2022.
What did the 2026 Q2 filing report for LAD?
As of June 30, 2026, from the 13F-HR filed August 13, 2026.
| Before | After | |
|---|---|---|
| Shares | 212K | 0 |
| Reported value | $52.9M | $0 |
| Portfolio weight | 10.11% | 0% |
| Held since | 2022 Q4 | sold out in 2026 Q2 |
| Quarters held | 14 |
What did Greg Alexander sell?
Greg Alexander sold 212K shares of LAD between the quarter ended March 31, 2026 and June 30, 2026. The LAD exit was the 3rd largest of the quarter's 3 position changes by percent change to portfolio.
Where does LAD sit in the Greg Alexander portfolio?
Before the sale, LAD carried 10.11% of the Greg Alexander portfolio, below the fund's average stock position of 17%. The largest stock position is GPI at 46.41%. Next come EQH at 30.38% and AIIR at 10.61%. The three largest stocks together are 87.4% of the book. Across the 2026 Q2 portfolio, Greg Alexander reported 6 stock positions, with 1 opened and 1 closed. The total portfolio value is about $606.7M, up 16% from the prior quarter.
How long has Greg Alexander held LAD?
Greg Alexander held LAD for 3.5 years, from the quarter ended December 31, 2022 to March 31, 2026. The weight peaked at 25.45% in 2024 Q3. Last quarter the fund had already cut the position by 47%, so the exit finishes a two-quarter unwind. Every reported trade is on the Greg Alexander LAD trade history page.
Did other funds buy or sell LAD in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 13, 2026, 3 still hold LAD. The largest buyer of LAD this quarter was Bill Miller. Every tracked holder of LAD is on the LAD ownership page.
FAQ
How many LAD shares did Greg Alexander sell?
Greg Alexander sold all 212K shares of LAD it reported a quarter earlier, worth about $52.9M.
When did Greg Alexander first buy LAD?
Greg Alexander first reported LAD in the quarter ended December 31, 2022.
How much of the Greg Alexander portfolio was LAD?
LAD was 10.11% of the Greg Alexander portfolio at the prior quarter-end, and 0% after the sale.
Did other funds sell LAD in 2026 Q2?
No other tracked fund sold out of LAD or trimmed it in 2026 Q2; 3 still hold it.