UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

Report for the Calendar Year or Quarter Ended:
12-31-2019
Check here if Amendment: Amendment Number:
This Amendment (Check only one.): is a restatement.
adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
LAKEWOOD CAPITAL MANAGEMENT, LP
Address:
650 Madison Avenue
25th Floor
New York, NY 10022
Form 13F File Number:

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Michael C. Antonacci
Title:
Chief Financial Officer
Phone:
212-584-2213


Signature, Place, and Date of Signing:

/s/ Michael C. Antonacci
                         [Signature]
New York, NEW YORK
                 [City, State]
02-14-2020
                           [Date]
                          

Report Type (Check only one.):

13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
2
Form 13F Information table Entry Total:
39
Form 13F Information table Value Total:
2828855
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

No.Form 13F File NumberNameCIK
1
Lakewood Capital Partners, LP
0001409705
2
Lakewood Capital Advisors, LLC
0001534288


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
58 COM INCSPON ADR REP A31680Q10462,665968,097SHDFND1,2968,097 0 0
ALIBABA GROUP HLDG LTDSPONSORED ADS01609W10246,662220,000SHDFND1,2220,000 0 0
ALLY FINL INCCOM02005N100156,9205,134,809SHDFND1,25,134,809 0 0
ALPHABET INCCAP STK CL A02079K305193,648144,579SHDFND1,2144,579 0 0
ALTICE USA INCCL A02156K10323,170847,485SHDFND1,2847,485 0 0
ANGI HOMESERVICES INCCOM CL A00183L1024,845572,000SHDFND1,2572,000 0 0
ANTHEM INCCOM03675210355,876185,000SHDFND1,2185,000 0 0
ASCENDIS PHARMA A SSPONSORED ADR04351P10137,625270,450SHDFND1,2270,450 0 0
ATHENE HLDG LTDCL AG0684D107136,2062,896,149SHDFND1,22,896,149 0 0
BAIDU INCSPON ADR REP A05675210862,910497,709SHDFND1,2497,709 0 0
BAUSCH HEALTH COS INCCOM07173410720,206675,345SHDFND1,2675,345 0 0
BMC STK HLDGS INCCOM05591B1094,017140,000SHDFND1,2140,000 0 0
BRUNSWICK CORPCOM117043109172,0262,868,059SHDFND1,22,868,059 0 0
BUILDERS FIRSTSOURCE INCCOM12008R10722,008866,100SHDFND1,2866,100 0 0
CAPITAL ONE FINL CORPCOM14040H10575,227731,000SHDFND1,2731,000 0 0
CDK GLOBAL INCCOM12508E10142,355774,602SHDFND1,2774,602 0 0
CIGNA CORP NEWCOM125523100244,6501,196,392SHDFND1,21,196,392 0 0
CIT GROUP INCCOM NEW125581801146,6653,214,217SHDFND1,23,214,217 0 0
CITIGROUP INCCOM NEW172967424190,2582,381,500SHDFND1,22,381,500 0 0
COMCAST CORP NEWCL A20030N101216,3734,811,498SHDFND1,24,811,498 0 0
CUSHMAN WAKEFIELD PLCSHSG2717B10871,5453,500,235SHDFND1,23,500,235 0 0
DELL TECHNOLOGIES INCCL C24703L202149,2252,903,777SHDFND1,22,903,777 0 0
DIAGEO P L CSPON ADR NEW25243Q20544,159262,195SHDFND1,2262,195 0 0
FACEBOOK INCCL A30303M102159,497777,085SHDFND1,2777,085 0 0
FEDEX CORPCOM31428X10611,34175,000SHDFND1,275,000 0 0
GOLDMAN SACHS GROUP INCCOM38141G104134,279584,000SHDFND1,2584,000 0 0
ISHARES SILVER TRUSTISHARES46428Q10920,6481,237,867SHDFND1,21,237,867 0 0
KOHLS CORPCOM5002551045,05499,200SHDFND1,299,200 0 0
MASCO CORPCOM57459910616,557345,000SHDFND1,2345,000 0 0
ON SEMICONDUCTOR CORPCOM68218910528,6481,175,051SHDFND1,21,175,051 0 0
SPDR GOLD TRUSTGOLD SHS78463V10720,125140,831SHDFND1,2140,831 0 0
TAILORED BRANDS INCCOM87403A1072,405581,000SHDFND1,2581,000 0 0
TRIPLE-S MGMT CORPCL B89674910832,7101,769,066SHDFND1,21,769,066 0 0
UNITED TECHNOLOGIES CORPCOM91301710926,715178,388SHDFND1,2178,388 0 0
VANECK VECTORS ETF TRUSTGOLD MINERS ETF92189F10686629,593SHDFND1,229,593 0 0
WESTROCK COCOM96145D10549,9331,163,672SHDFND1,21,163,672 0 0
WYNDHAM HOTELS & RESORTS INCCOM98311A10574,4771,185,753SHDFND1,21,185,753 0 0
YANDEX N VSHS CLASS AN9728410863,7721,466,349SHDFND1,21,466,349 0 0
ZUMIEZ INCCOM9898171012,58774,900SHDFND1,274,900 0 0