LECAP ASSET MANAGEMENT LTD

LONDON, X0 · CIK 1990849 · 13F filing filed 2026-07-30

Exempt reporting adviser since 2023 · other (specify)

Private funds1 (1 hedge) · $446.9m gross assets
Websitelecapam.com
Form ADV · 2026-03-17SEC adviser record

Legal entityLECAP ASSET MANAGEMENT LIMITED (GB)

Kindhedge funds, futures, FCA fund manager
Others nearbyLondon

As an employer

Offices in1 country
Private fundshedge 1

In the UK

FCA-authorised companies1
Manages investmentsyes
Runs fundsyes
Retail clientsno, professional only

Company	Town	Staff	Pay gap report	FCA register
LECAP ASSET MANAGEMENT LIMITED Private Limited CompanyFCA: Authorised · manages investments, manages AIFs, advises, deals	London			Authorisedmanages investments, manages AIFs, advises, deals

Sources: Companies House (accounts filed electronically; the largest groups often file on paper, so their staff numbers can be missing), the UK gender pay gap service (employers with 250+ staff) and the FCA's Financial Services Register. Contains public sector information licensed under the Open Government Licence v3.0.

$233.2m reported value -12.3% vs Q1 2026

254positions

9.9%in top 10

131 new 40 added 83 reduced 144 sold out vs Q1 2026

Holdings, Q2 2026

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	GODADDY INC CL A GDDY	GDDY	29,103	$2.5m1.06%	1.06%	Added +20.1k	+20,116 223.8%
2	INGERSOLL RAND INC COM IR	IR	28,971	$2.4m1.02%	1.02%	New
3	KROGER CO COM KR	KR	42,334	$2.4m1.01%	1.01%	Added +37.2k	+37,218 727.5%
4	D R HORTON INC COM DHI	DHI	14,215	$2.3m0.99%	0.99%	Added +9.8k	+9,803 222.2%
5	NUTANIX INC CL A NTNX	NTNX	45,373	$2.3m0.99%	0.99%	New
6	AMERICAN INTL GROUP INC COM NEW AIG	AIG	30,721	$2.3m0.98%	0.98%	Reduced -3.3k	-3,279 -9.6%
7	F5 INC COM FFIV	FFIV	5,497	$2.3m0.98%	0.98%	New
8	IQVIA HLDGS INC COM IQV	IQV	11,449	$2.2m0.95%	0.95%	New
9	COMCAST CORP NEW CL A CMCSA	CMCSA	89,686	$2.2m0.94%	0.94%	Added +52.0k	+51,971 137.8%
10	EQUITABLE HLDGS INC COM EQH	EQH	49,629	$2.2m0.93%	0.93%	Added +43.9k	+43,859 760.1%
11	SYSCO CORP COM SYY	SYY	25,966	$2.2m0.93%	0.93%	Reduced -11.7k	-11,694 -31.1%
12	BLOCK INC CL A XYZ	XYZ	28,532	$2.2m0.93%	0.93%	New
13	JABIL INC COM JBL	JBL	5,575	$2.1m0.92%	0.92%	New
14	LAUDER ESTEE COS INC CL A EL	EL	27,115	$2.1m0.92%	0.92%	Reduced -2.3k	-2,346 -8.0%
15	HENRY JACK & ASSOC INC COM JKHY	JKHY	15,421	$2.1m0.91%	0.91%	New
16	GENERAC HLDGS INC COM GNRC	GNRC	7,241	$2.1m0.91%	0.91%	New
17	DECKERS OUTDOOR CORP COM DECK	DECK	21,258	$2.1m0.91%	0.91%	Reduced -2.1k	-2,145 -9.2%
18	SALESFORCE INC COM CRM	CRM	13,241	$2.1m0.89%	0.89%	New
19	AMPHENOL CORP CL A APH	APH	11,723	$2.1m0.89%	0.89%	Reduced -3.4k	-3,376 -22.4%
20	INTUIT COM INTU	INTU	7,852	$2.0m0.88%	0.88%	New
21	HARTFORD INSURANCE GROUP INC COM HIG	HIG	15,281	$2.0m0.87%	0.87%	New
22	TRADEWEB MKTS INC CL A TW	TW	19,858	$2.0m0.85%	0.85%	Added +6.9k	+6,899 53.2%
23	INVITATION HOMES INC COM INVH	INVH	65,396	$2.0m0.85%	0.85%	Added +37.4k	+37,382 133.4%
24	BOSTON SCIENTIFIC CORP COM BSX	BSX	44,117	$1.9m0.81%	0.81%	New
25	BLUE OWL CAPITAL INC COM CL A OWL	OWL	211,189	$1.8m0.79%	0.79%	New
26	SS&C TECHNOLOGIES HLDGS INC COM SSNC	SSNC	29,726	$1.8m0.79%	0.79%	Reduced -8.8k	-8,824 -22.9%
27	AECOM COM ACM	ACM	25,741	$1.8m0.77%	0.77%	Added +16.1k	+16,148 168.3%
28	AMERICAN TOWER CORP NEW COM AMT	AMT	10,957	$1.8m0.77%	0.77%	New
29	STATE STR CORP COM STT	STT	10,443	$1.8m0.76%	0.76%	Added +5.1k	+5,065 94.2%
30	GAP INC COM GAP	GAP	92,958	$1.7m0.74%	0.74%	New
31	PENTAIR PLC SHS PNR	PNR	22,212	$1.7m0.73%	0.73%	Added +18.7k	+18,707 533.7%
32	ARROW ELECTRS INC COM ARW	ARW	7,906	$1.7m0.72%	0.72%	New
33	REGENCY CTRS CORP COM REG	REG	20,809	$1.7m0.71%	0.71%	Added +8.4k	+8,392 67.6%
34	MASTERCARD INCORPORATED CL A MA	MA	3,212	$1.6m0.71%	0.71%	Reduced -2.1k	-2,131 -39.9%
35	SYNOPSYS INC COM SNPS	SNPS	3,620	$1.6m0.69%	0.69%	Added +2.8k	+2,831 358.8%
36	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	3,217	$1.6m0.69%	0.69%	Added +1.2k	+1,151 55.7%
37	LATTICE SEMICONDUCTOR CORP COM LSCC	LSCC	10,461	$1.6m0.69%	0.69%	New
38	COUPANG INC CL A CPNG	CPNG	90,249	$1.6m0.67%	0.67%	New
39	GITLAB INC CLASS A COM GTLB	GTLB	51,187	$1.6m0.67%	0.67%	Added +16.3k	+16,264 46.6%
40	VOYA FINANCIAL INC COM VOYA	VOYA	16,921	$1.5m0.66%	0.66%	New
41	AMKOR TECHNOLOGY INC COM AMKR	AMKR	17,706	$1.5m0.65%	0.65%	New
42	INTERACTIVE BROKERS GROUP IN COM CL A IBKR	IBKR	16,984	$1.5m0.63%	0.63%	Reduced -23.7k	-23,667 -58.2%
43	QUALCOMM INC COM QCOM	QCOM	7,832	$1.4m0.62%	0.62%	New
44	WHIRLPOOL CORP COM WHR	WHR	36,305	$1.4m0.61%	0.61%	New
45	ZOOM COMMUNICATIONS INC CL A ZM	ZM	16,499	$1.4m0.61%	0.61%	Added +8.6k	+8,571 108.1%
46	OTIS WORLDWIDE CORP COM OTIS	OTIS	19,603	$1.4m0.60%	0.60%	Added +5.9k	+5,877 42.8%
47	SENSATA TECHNOLOGIES HLDG PL SHS ST	ST	29,334	$1.4m0.60%	0.60%	Added +8.8k	+8,805 42.9%
48	COLGATE PALMOLIVE CO COM CL	CL	15,190	$1.4m0.60%	0.60%	New
49	UNUM GROUP COM UNM	UNM	15,574	$1.4m0.60%	0.60%	Reduced -12.2k	-12,160 -43.9%
50	UNITY SOFTWARE INC COM U	U	48,210	$1.4m0.59%	0.59%	Reduced -18.9k	-18,938 -28.2%
51	WAYFAIR INC CL A W	W	14,504	$1.3m0.57%	0.57%	New
52	JOHNSON CTLS INTL PLC SHS JCI	JCI	8,919	$1.3m0.56%	0.56%	New
53	IDEX CORP COM IEX	IEX	5,720	$1.3m0.56%	0.56%	Reduced -7.4k	-7,382 -56.3%
54	SBA COMMUNICATIONS CORP NEW CL A SBAC	SBAC	7,354	$1.3m0.56%	0.56%	Reduced -84	-84 -1.1%
55	CARRIER GLOBAL CORPORATION COM CARR	CARR	17,433	$1.3m0.55%	0.55%	New
56	QNITY ELECTRONICS INC COMMON STOCK Q	Q	7,775	$1.3m0.54%	0.54%	Added +4.5k	+4,523 139.1%
57	HEALTHCARE RLTY TR CL A COM HR	HR	62,051	$1.3m0.54%	0.54%	Added +20.2k	+20,160 48.1%
58	PULTE GROUP INC COM PHM	PHM	9,119	$1.3m0.54%	0.54%	Added +2.9k	+2,867 45.9%
59	ATLASSIAN CORPORATION CL A TEAM	TEAM	15,929	$1.2m0.53%	0.53%	Reduced -4.4k	-4,374 -21.5%
60	AMETEK INC COM AME	AME	5,078	$1.2m0.53%	0.53%	Reduced -2.1k	-2,092 -29.2%
61	COPART INC COM CPRT	CPRT	43,529	$1.2m0.53%	0.53%	Reduced -33.0k	-33,029 -43.1%
62	BORGWARNER INC COM BWA	BWA	17,961	$1.2m0.51%	0.51%	Reduced -6.2k	-6,151 -25.5%
63	AVANTOR INC COM AVTR	AVTR	119,994	$1.2m0.51%	0.51%	New
64	SMUCKER J M CO COM NEW SJM	SJM	10,530	$1.2m0.51%	0.51%	Reduced -2.7k	-2,734 -20.6%
65	CITIGROUP INC COM NEW C	C	8,464	$1.2m0.51%	0.51%	Reduced -923	-923 -9.8%
66	CAPITAL ONE FINL CORP COM COF	COF	5,872	$1.2m0.51%	0.51%	Reduced -1.3k	-1,337 -18.6%
67	PERFORMANCE FOOD GROUP CO COM PFGC	PFGC	10,532	$1.2m0.50%	0.50%	New
68	CSX CORP COM CSX	CSX	24,735	$1.2m0.50%	0.50%	Added +11.6k	+11,594 88.2%
69	OMNICOM GROUP INC COM OMC	OMC	15,987	$1.2m0.50%	0.50%	Added +3.9k	+3,889 32.1%
70	ON HLDG AG NAMEN AKT A ONON	ONON	32,801	$1.2m0.50%	0.50%	New
71	INVESCO LTD SHS IVZ	IVZ	43,811	$1.2m0.50%	0.50%	New
72	HEWLETT PACKARD ENTERPRISE C COM HPE	HPE	25,592	$1.2m0.50%	0.50%	New
73	ON SEMICONDUCTOR CORP COM ON	ON	12,095	$1.1m0.49%	0.49%	Reduced -13.7k	-13,711 -53.1%
74	MEDTRONIC PLC SHS MDT	MDT	14,453	$1.1m0.48%	0.48%	New
75	MUELLER INDS INC COM MLI	MLI	9,038	$1.1m0.48%	0.48%	Added +2.2k	+2,225 32.7%
76	ETSY INC COM ETSY	ETSY	14,585	$1.1m0.47%	0.47%	Added +7.3k	+7,279 99.6%
77	TRUIST FINL CORP COM TFC	TFC	22,042	$1.1m0.47%	0.47%	New
78	REGAL REXNORD CORPORATION COM RRX	RRX	4,525	$1.1m0.46%	0.46%	Reduced -5.9k	-5,936 -56.7%
79	FIDELITY NATIONAL FINANCIAL FNF GROUP COM FNF	FNF	22,807	$1.1m0.46%	0.46%	Reduced -11.2k	-11,249 -33.0%
80	ZOETIS INC CL A ZTS	ZTS	14,873	$1.1m0.46%	0.46%	New
81	UBER TECHNOLOGIES INC COM UBER	UBER	14,700	$1.1m0.45%	0.45%	Reduced -12.2k	-12,152 -45.3%
82	CLEAN HARBORS INC COM CLH	CLH	3,512	$1.0m0.45%	0.45%	New
83	DOXIMITY INC CL A DOCS	DOCS	50,562	$1.0m0.45%	0.45%	New
84	CME GROUP INC COM CME	CME	4,665	$1.0m0.44%	0.44%	New
85	CITIZENS FINL GROUP INC COM CFG	CFG	14,675	$1.0m0.44%	0.44%	Added +5.4k	+5,418 58.5%
86	AVNET INC COM AVT	AVT	11,449	$1.0m0.44%	0.44%	New
87	MARKEL GROUP INC COM MKL	MKL	520	$1.0m0.44%	0.44%	Reduced -106	-106 -16.9%
88	MATCH GROUP INC NEW COM MTCH	MTCH	26,562	$1.0m0.43%	0.43%	New
89	EXLSERVICE HOLDINGS INC COM EXLS	EXLS	38,890	$1.0m0.43%	0.43%	Added +1.4k	+1,425 3.8%
90	REXFORD INDL RLTY INC COM REXR	REXR	29,984	$1.0m0.43%	0.43%	Added +2.4k	+2,373 8.6%
91	UDR INC COM UDR	UDR	24,895	$993.8k0.43%	0.43%	New
92	LKQ CORP COM LKQ	LKQ	37,126	$977.5k0.42%	0.42%	New
93	TRANE TECHNOLOGIES PLC SHS TT	TT	1,970	$967.6k0.41%	0.41%	Reduced -70	-70 -3.4%
94	DYNATRACE INC COM NEW DT	DT	21,842	$959.1k0.41%	0.41%	Added +9.9k	+9,869 82.4%
95	CENCORA INC COM COR	COR	3,384	$957.6k0.41%	0.41%	New
96	REPUBLIC SVCS INC COM RSG	RSG	4,493	$957.4k0.41%	0.41%	New
97	GENERAL MTRS CO COM GM	GM	12,397	$955.6k0.41%	0.41%	Reduced -4.0k	-3,986 -24.3%
98	ADT INC DEL COM ADT	ADT	145,296	$944.4k0.41%	0.41%	New
99	SYNCHRONY FINANCIAL COM SYF	SYF	12,415	$944.2k0.40%	0.40%	New
100	FIRST INDL RLTY TR INC COM FR	FR	15,376	$942.7k0.40%	0.40%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
BERKSHIRE HATHAWAY INC DEL BRK.B	BRK.B	5,216	$2.5m5.2k shares
APPLE INC AAPL	AAPL	9,766	$2.5m9.8k shares
AMERIPRISE FINL INC AMP	AMP	5,043	$2.2m5.0k shares
TAPESTRY INC TPR	TPR	14,992	$2.1m15.0k shares
METTLER TOLEDO INTERNATIONAL MTD	MTD	1,638	$2.1m1.6k shares
INTUITIVE SURGICAL INC ISRG	ISRG	4,470	$2.1m4.5k shares
TARGET CORP TGT	TGT	16,551	$2.0m16.6k shares
ARCH CAP GROUP LTD ACGL	ACGL	19,211	$1.8m19.2k shares
STIFEL FINL CORP SF	SF	24,538	$1.8m24.5k shares
UIPATH INC PATH	PATH	156,199	$1.7m156.2k shares
FAIR ISAAC CORP FICO	FICO	1,551	$1.7m1.6k shares
MICRON TECHNOLOGY INC MU	MU	4,845	$1.6m4.8k shares
MORNINGSTAR INC MORN	MORN	9,626	$1.6m9.6k shares
FOX CORP FOX	FOX	29,965	$1.6m30.0k shares
COGNEX CORP CGNX	CGNX	31,871	$1.6m31.9k shares
EVEREST GROUP LTD EG	EG	4,460	$1.5m4.5k shares
MONGODB INC MDB	MDB	5,950	$1.5m6.0k shares
GRAINGER W W INC GWW	GWW	1,330	$1.5m1.3k shares
TWILIO INC TWLO	TWLO	11,467	$1.4m11.5k shares
NORDSON CORP NDSN	NDSN	5,224	$1.4m5.2k shares
VERALTO CORP VLTO	VLTO	15,698	$1.4m15.7k shares
EQUITY RESIDENTIAL VMRK	VMRK	23,374	$1.4m23.4k shares
TESLA INC TSLA	TSLA	3,673	$1.4m3.7k shares
FORTUNE BRANDS INNOVATIONS I FBIN	FBIN	34,925	$1.4m34.9k shares
AUTONATION INC AN	AN	6,882	$1.3m6.9k shares