Lakewood Capital Boosts Stake in Group 1 Automotive

Investment firm increases holdings in auto retailer by nearly 5% in third quarter

Mar. 14, 2026 at 11:20am

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Lakewood Capital Management LP grew its stake in Group 1 Automotive, Inc. (NYSE:GPI) by 4.9% during the third quarter, according to a recent SEC filing. The investment firm now owns 103,276 shares of the company's stock, valued at $45.18 million, making it one of Group 1 Automotive's largest institutional investors.

Why it matters

Group 1 Automotive is a major player in the automotive retail industry, operating franchised dealerships across the United States, United Kingdom and Brazil. Lakewood Capital's increased investment signals confidence in the company's long-term prospects, even as the industry faces headwinds like supply chain challenges and economic uncertainty.

The details

Lakewood Capital purchased an additional 4,800 shares of Group 1 Automotive during the third quarter, bringing its total holdings to over 103,000 shares. The investment firm now owns approximately 3.4% of the company's outstanding stock. Other notable investors that have increased their stakes in Group 1 Automotive include Wellington Management Group, Jump Financial, and Kennedy Capital Management.

  • Lakewood Capital filed its latest 13F report with the SEC on March 14, 2026, disclosing the increased stake in Group 1 Automotive.
  • The third quarter referenced in the filing covers the period from July 1 to September 30, 2025.

The players

Lakewood Capital Management LP

An investment management firm that focuses on long-term value investing and currently owns a 3.4% stake in Group 1 Automotive.

Group 1 Automotive, Inc.

An international automotive retailer headquartered in Houston, Texas that operates franchised dealerships across the United States, United Kingdom and Brazil.

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The takeaway

Lakewood Capital's increased stake in Group 1 Automotive suggests the investment firm sees long-term value in the auto retailer, even as the industry faces near-term challenges. This vote of confidence from a major institutional investor could signal potential upside for Group 1 Automotive's stock price going forward.