Lfl Advisers, LLC Portfolio Holdings by Sector

Lfl Advisers, LLC

Industry	Value	Buys	Sells	New Positions	Closed Positions	Options
REIT—Specialty \| Real Estate LAMR 1 stocks	$36,035 16.28% of portfolio	1	-	-	-	0 Calls 0 Puts
Asset Management \| Financial Services BK 1 stocks	$33,485 15.13% of portfolio	1	-	-	-	0 Calls 0 Puts
Insurance Brokers \| Financial Services AON 1 stocks	$31,353 14.16% of portfolio	1	-	-	-	0 Calls 0 Puts
Insurance—Property & Casualty \| Financial Services PGR 1 stocks	$28,149 12.72% of portfolio	1	-	-	-	0 Calls 0 Puts
Auto Parts \| Consumer Cyclical ALV 1 stocks	$27,792 12.55% of portfolio	1	-	-	-	0 Calls 0 Puts
Information Technology Services \| Technology CDW 1 stocks	$27,593 12.46% of portfolio	-	1	-	-	0 Calls 0 Puts
Internet Content & Information \| Communication Services GOOG 1 stocks	$23,429 10.58% of portfolio	1	-	-	-	0 Calls 0 Puts
Insurance—Diversified \| Financial Services BRK-B 1 stocks	$13,529 6.11% of portfolio	1	-	-	-	0 Calls 0 Puts

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