Lakewood Capital Management’s First American FAF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$38.8M	Sell	643,904 -210,000	-25%	-$13.4M	2.49%	14
2025 Q4	$52.5M	Buy	853,904 +93,300	+12%	+$5.85M	3.65%	8
2025 Q3	$48.9M	Buy	760,604 +21,000	+3%	+$1.32M	3.7%	7
2025 Q2	$45.4M	Hold	739,604	–	–	3.46%	9
2025 Q1	$48.5M	Buy	739,604 +42,000	+6%	+$2.66M	4.33%	8
2024 Q4	$43.6M	Hold	697,604	–	–	4.09%	10
2024 Q3	$46M	Sell	697,604 -389,000	-36%	-$23.7M	3.75%	12
2024 Q2	$58.6M	Buy	1,086,604 +189,000	+21%	+$10.5M	5.05%	6
2024 Q1	$54.8M	Buy	897,604 +282,000	+46%	+$16.7M	4.8%	8
2023 Q4	$39.7M	Sell	615,604 -326,000	-35%	-$18.6M	3.61%	11
2023 Q3	$53.2M	Sell	941,604 -100,000	-10%	-$6M	4.84%	8
2023 Q2	$59.4M	Sell	1,041,604 -98,000	-9%	-$5.53M	5.14%	8
2023 Q1	$63.4M	Hold	1,139,604	–	–	5.18%	7
2022 Q4	$59.6M	Buy	1,139,604 +25,000	+2%	+$1.27M	5.31%	7
2022 Q3	$51.4M	Sell	1,114,604 -65,000	-6%	-$3.52M	4.37%	9
2022 Q2	$62.4M	Buy	1,179,604 +130,000	+12%	+$7.57M	3.93%	8
2022 Q1	$68M	Sell	1,049,604 -145,000	-12%	-$10.3M	3.53%	8
2021 Q4	$93.5M	Sell	1,194,604 -165,000	-12%	-$12.3M	3.98%	7
2021 Q3	$91.2M	Buy	1,359,604 +37,011	+3%	+$2.47M	4.01%	6
2021 Q2	$82.5M	Sell	1,322,593 -109,000	-8%	-$6.93M	3.45%	9
2021 Q1	$81.1M	Buy	1,431,593 +230,000	+19%	+$12.6M	3.49%	10
2020 Q4	$62M	Sell	1,201,593 -95,000	-7%	-$4.77M	2.96%	15
2020 Q3	$66M	Sell	1,296,593 -20,000	-2%	-$1.04M	3.24%	9
2020 Q2	$63.2M	Buy	1,316,593 +1,216,593	+1,217%	+$57.5M	2.77%	14
2020 Q1	$4.24M	Buy	+100,000	New	+$5.71M	0.19%	42