Greg Alexander - Conifer Management
Conifer Management
Latest 13F filing
Q4 2025
filed Feb 13, 2026
Portfolio value
$603.60M
Positions
5
Top 10 concentration
100.0%
QoQ change
-4.4%
$-27.48M
Activity vs. Q3 2025
0
New positions
1
Added to
4
Unchanged
0
Reduced
3
Exited
Portfolio composition — Q4 2025
- GPIGROUP 1 AUTOMOTIVE INC37.0%
- EQHEQUITABLE HLDGS INC33.2%
- LADLITHIA MTRS INC22.0%
- SDHCSMITH DOUGLAS HOMES CORP4.0%
- RMNIRIMINI STR INC DEL3.8%
Top buys
New & added positions, by size
- SDHCADDSMITH DOUGLAS HOMES CORP$24.04M+68.3%
Top sells
Reduced & exited positions, biggest cuts first
- STLAEXITSTELLANTIS N.V-100.0%Exited
- —EXITCRESUD S A C I F Y A-100.0%Exited
- —EXITNEBIUS GROUP N.V.-100.0%Exited
Holdings as of Q4 2025
| # | Ticker | Issuer | Shares | Value | % Portfolio | Reported price | Action | Δ Shares |
|---|---|---|---|---|---|---|---|---|
| 1 | GPI | GROUP 1 AUTOMOTIVE INC | 568,424 | $223.56M | 37.04% | $393.30 | — | 0% |
| 2 | EQH | EQUITABLE HLDGS INC | 4,200,000 | $200.13M | 33.16% | $47.65 | — | 0% |
| 3 | LAD | LITHIA MTRS INC | 400,000 | $132.93M | 22.02% | $332.33 | — | 0% |
| 4 | SDHC | SMITH DOUGLAS HOMES CORP | 1,433,350 | $24.04M | 3.98% | $16.77 | ADD | +68.3% |
| 5 | RMNI | RIMINI STR INC DEL | 5,913,199 | $22.94M | 3.80% | $3.88 | — | 0% |
Positions exited in Q4 2025
| Ticker | Issuer | Prior shares |
|---|---|---|
| STLA | STELLANTIS N.V | 0 |
| — | CRESUD S A C I F Y A | 0 |
| — | NEBIUS GROUP N.V. | 0 |
Source: SEC EDGAR 13F-HR filing Feb 13, 2026. Reported prices are derived from the filing's value-to-shares ratio (effectively the quarter-end mark). Filings are published with a 45-day delay. CIK 0001773994.