Core Insights - Sea Cliff Partners Management disclosed a new position in Life Time Group Holdings, acquiring 467,100 shares in the fourth quarter, reflecting a $12.42 million increase in value [2][8] Company Overview - Life Time Group Holdings operates upscale athletic clubs and wellness centers in the U.S. and Canada, focusing on integrated health solutions and premium facilities [6] - The company has a market capitalization of $6 billion, with a revenue of $3.0 billion and a net income of $373.7 million for the trailing twelve months [4] Financial Performance - Life Time reported nearly $3 billion in revenue for 2025, a 14% increase from the previous year, with fourth-quarter revenue reaching $745 million [11] - Net income surged 139% to $373.7 million, while adjusted EBITDA rose 22% to $825 million, driven by higher membership dues and increased in-center spending [11] Membership and Growth - Membership across Life Time's clubs exceeded 822,000, with 189 locations, and average revenue per membership continued to rise as customers spent more on additional services [12] - The company's strategy emphasizes expansion in metropolitan markets and enhancing member engagement through holistic wellness experiences [6] Investment Context - The new position in Life Time accounts for 5.23% of Sea Cliff's 13F reportable assets under management as of December 31, 2025 [8] - Life Time's stock price was $26.12, down 19% over the past year, contrasting with the S&P 500's 17% gain during the same period [8]