Bryan R. Lawrence - Oakcliff Capital Partners Investment Strategy & Portfolio Analysis

As of Mar 31, 2026, Bryan R. Lawrence's Oakcliff Capital Partners portfolio reflects a highly concentrated, high-conviction approach across 8 reported 13F positions. Portfolio returns are primarily driven by a small set of mega-cap compounders, with the top five holdings accounting for approximately 84% of total exposure and Interactive Brokers Group, alone contributing ~31%. Economic outcomes are highly concentrated in a narrow set of financials and consumer cyclical companies names. Exposure to high-growth and technology-oriented segments remains limited relative to peers, with performance instead anchored in durable, cash-generating businesses across financials, consumer discretionary, and communication services. The portfolio exhibits extremely low turnover, reinforcing a patient, conviction-led investment approach. Distinctive traits include Long-Term Holder, Highly Concentrated, Economically Concentrated.