Makaira Partners LLC Tom Bancroft
La Jolla, CA 21 processed 13Fs on this site, 2021 Q3 to 2026 Q1 stale 2026 Q1 filed, table empty
- $128M
- 11 holdings
- 2025 Q4
- −34.4% QoQ
- Top 5 72.9%
AUM over time
Book
| LBRDA, Liberty Broadband | Hold | 964,556 | $135.32 | $131M | — | — | |
| Activision Blizzard | Add +62.5% | 1,300,000 | $80.11 | $104M | +500,000 | +$51M | |
| CDW | Hold | 302,982 | $178.89 | $54M | — | — | |
| PGR, Progressive | Hold | 443,203 | $113.99 | $51M | — | — | |
| KMX, CarMax | Hold | 458,377 | $96.48 | $44M | — | — | |
| ZBRA, Zebra Technologies | Hold | 102,879 | $413.70 | $43M | — | — | |
| HEI, Heico Corp-Class | Hold | 34,191 | $126.82 | $4.3M | — | — | |
| WHD, Cactus Inc. - | Reduce −96.3% | 5,000 | $56.80 | $284K | −130,000 | −$4.9M |
Exits / last held
Gone since 2021 Q4, shown at their last reported size.
| Stock | % of portfolio | Recent activity | Shares | Reported price* | Value | Share change | $ change |
|---|---|---|---|---|---|---|---|
| BBWI, Bath & Body Works | Exit | 0 | $69.79 | $81M | −1,161,605 | −$81M | |
| VSXY, Victoria's Secret | Exit | 0 | $55.54 | $14M | −259,738 | −$14M | |
| Qurate Retail Inc-Series | Exit | 0 | $7.60 | $6.3M | −824,425 | −$6.3M |
Filings history
19 periods, with AUM normalized
| Period | Holds | AUM | QoQ | Form | Filed | Filing ID |
|---|---|---|---|---|---|---|
| 2026 Q1 | empty | — | — | 13F-HR | 5/15/2026 | 000154086626000002 |
| 2025 Q4 | 11 | $128M | −34.4% | 13F-HR | 2/11/2026 | 000142050626000298 |
| 2025 Q3 | 12 | $195M | −40.7% | 13F-HR | 11/17/2025 | 000154086625000008 |
| 2025 Q2 | 13 | $329M | +10.4% | 13F-HR | 8/14/2025 | 000154086625000007 |
| 2025 Q1 | 13 | $298M | −49.2% | 13F-HR | 5/14/2025 | 000154086625000005 |
| 2024 Q4 | 12 | $641M | — | RESTATEMENT | 2/26/2025 | 000154086625000003 |
| 2024 Q4 | 12 | $587M | −24.6% | 13F-HR | 2/14/2025 | 000154086625000002 |
| 2024 Q3 | 12 | $778M | +0.9% | 13F-HR | 11/14/2024 | 000154086624000006 |
| 2024 Q2 | 11 | $771M | −7.0% | 13F-HR | 8/15/2024 | 000154086624000004 |
| 2024 Q1 | 10 | $829M | +9.2% | 13F-HR | 5/14/2024 | 000154086624000003 |
| 2023 Q4 | 10 | $759M | −1.0% | 13F-HR | 2/14/2024 | 000154086624000002 |
| 2023 Q3 | 10 | $767M | +3.8% | 13F-HR | 11/14/2023 | 000154086623000005 |
| 2023 Q2 | 10 | $739M | −3.5% | 13F-HR | 8/14/2023 | 000154086623000004 |
| 2023 Q1 | 10 | $766M | +11.2% | 13F-HR | 5/15/2023 | 000154086623000003 |
| 2022 Q4 | 11 | $689M | +14.1% | 13F-HR | 2/14/2023 | 000154086623000002 |
| 2022 Q3 | 10 | $604M | +36.3% | 13F-HR | 11/14/2022 | 000154086622000007 |
| 2022 Q2 | 9 | $443M | +2.8% | 13F-HR | 8/15/2022 | 000154086622000006 |
| 2022 Q1 | 8 | $431M | −21.4% | 13F-HR | 5/17/2022 | 000154086622000004 |
| 2022 Q1 | 1 | $56M | — | new holds | 5/17/2022 | 000154086622000005 |
| 2021 Q4 | 11 | $548M | +15.9% | 13F-HR | 2/14/2022 | 000154086622000002 |
| 2021 Q3 | 10 | $473M | — | 13F-HR | 11/15/2021 | 000154086621000006 |
About
Makaira Partners LLC
21 processed 13Fs on this site, 2021 Q3 to 2026 Q1