Lodge Hill Capital, LLC

NEW YORK, NY · CIK 1598245 · 13F filing filed 2023-08-11

SEC-registered investment adviser since 2012 · limited liability company

Assets managed$768.3m
Staff4 · 3 in investment roles
Main clients (by assets)Private funds 100%
Private funds1 (1 hedge) · $549.1m gross assets
Form ADV · 2026-03-30SEC adviser record

$295.3m reported value +12.1% vs Q1 2023

26positions

57.8%in top 10

5 new 9 added 12 reduced 1 sold out vs Q1 2023

Options: 2 call positions ($48.7m notional), 0 put positions (— notional) – listed below, not included above.

Holdings, Q2 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MOHAWK INDS INC COM MHK	MHK	250,000	$25.8m8.73%	8.73%	New
2	BRUNSWICK CORP COM BC	BC	243,600	$21.1m7.15%	7.15%	Added +78.6k	+78,600 47.6%
3	OWENS CORNING NEW COM OC	OC	153,400	$20.0m6.78%	6.78%	Reduced -36.6k	-36,600 -19.3%
4	MR COOPER GROUP INC COM WMIH	WMIH	347,700	$17.6m5.96%	5.96%	Added +137.7k	+137,700 65.6%
5	CARLISLE COS INC COM CSL	CSL	64,830	$16.6m5.63%	5.63%	Reduced -72.2k	-72,170 -52.7%
6	OLIN CORP COM PAR $1 OLN	OLN	315,000	$16.2m5.48%	5.48%	Added +105.0k	+105,000 50.0%
7	EXPEDIA GROUP INC COM NEW EXPE	EXPE	131,500	$14.4m4.87%	4.87%	New
8	APOLLO GLOBAL MGMT INC COM APO	APO	177,968	$13.7m4.63%	4.63%	Reduced -160.0k	-160,000 -47.3%
9	CAESARS ENTERTAINMENT INC NE COM CZR	CZR	256,100	$13.1m4.42%	4.42%	Added +51.1k	+51,100 24.9%
10	SIGNET JEWELERS LIMITED SHS SIG	SIG	188,400	$12.3m4.16%	4.16%	Added +83.4k	+83,400 79.4%
11	CALLON PETE CO DEL COM CPE	CPE	315,000	$11.0m3.74%	3.74%	Added +160.0k	+160,000 103.2%
12	ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR BUD	BUD	190,000	$10.8m3.65%	3.65%	New
13	UNITED STATES STL CORP NEW COM X	X	409,500	$10.2m3.47%	3.47%	Reduced -55.5k	-55,500 -11.9%
14	MONARCH CASINO & RESORT INC COM MCRI	MCRI	139,652	$9.8m3.33%	3.33%	Added +21.3k	+21,276 18.0%
15	BUILDERS FIRSTSOURCE INC COM BLDR	BLDR	64,300	$8.7m2.96%	2.96%	Reduced -75.7k	-75,700 -54.1%
16	SUMMIT MATLS INC CL A SUM	SUM	227,354	$8.6m2.91%	2.91%	Reduced -283.0k	-283,000 -55.5%
17	SHELL PLC SPON ADS SHEL	SHEL	138,500	$8.4m2.83%	2.83%	Added +43.5k	+43,500 45.8%
18	ADVANCED DRAIN SYS INC DEL COM WMS	WMS	70,600	$8.0m2.72%	2.72%	New
19	UNITED PARKS & RESORTS INC COM PRKS	PRKS	141,300	$7.9m2.68%	2.68%	Reduced -13.7k	-13,700 -8.8%
20	BLOCK H & R INC COM HRB	HRB	239,000	$7.6m2.58%	2.58%	Reduced -66.0k	-66,000 -21.6%
21	WESCO INTL INC COM WCC	WCC	41,025	$7.3m2.49%	2.49%	Reduced -49.0k	-48,975 -54.4%
22	VONTIER CORPORATION COM VNT	VNT	225,000	$7.2m2.45%	2.45%	Reduced -145.0k	-145,000 -39.2%
23	RH COM RH	RH	21,700	$7.2m2.42%	2.42%	Added +1.7k	+1,700 8.5%
24	VICTORIAS SECRET AND CO COMMON STOCK VSXY	VSXY	305,000	$5.3m1.80%	1.80%	Reduced -60.0k	-60,000 -16.4%
25	ALLISON TRANSMISSION HLDGS I COM ALSN	ALSN	80,500	$4.5m1.54%	1.54%	Reduced -144.5k	-144,500 -64.2%
26	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	10,000	$1.7m0.59%	0.59%	New

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
GOLDMAN SACHS GROUP INC GS	GS	32,500	$10.6m32.5k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
ISHARES TR IWM · Call	IWM	Call	150,000	$28.1m150.0k shares	New
MOHAWK INDS INC MHK · Call	MHK	Call	200,000	$20.6m200.0k shares	New