Follow-The-Filings

Featured 13F manager

Makaira Partners LLC Tom Bancroft

La Jolla, CA 21 processed 13Fs on this site · 2021 Q3–2026 Q1 stale 2026 Q1 filed, table empty

  • $128M
  • 11 Positions
  • 2025 Q4
  • −34.4% QoQ
  • Top 5 72.9%

Portfolio

2025 Q4 · filed 2/11/2026 · 11 long

top 5 72.9% · top 10 99.6%

AUM over time

2025 Q4 $128M −34.4% QoQ
2021 Q3 · $473M 2021 Q3 · $473M
Q3 2021
2021 Q4 · $548M · +15.9% QoQ 2021 Q4 · $548M · +15.9% QoQ
Q4
2022 Q1 · $431M · −21.4% QoQ 2022 Q1 · $431M · −21.4% QoQ
Q1 2022
2022 Q2 · $443M · +2.8% QoQ 2022 Q2 · $443M · +2.8% QoQ
Q2
2022 Q3 · $604M · +36.3% QoQ 2022 Q3 · $604M · +36.3% QoQ
Q3
2022 Q4 · $689M · +14.1% QoQ 2022 Q4 · $689M · +14.1% QoQ
Q4
2023 Q1 · $766M · +11.2% QoQ 2023 Q1 · $766M · +11.2% QoQ
Q1 2023
2023 Q2 · $739M · −3.5% QoQ 2023 Q2 · $739M · −3.5% QoQ
Q2
2023 Q3 · $767M · +3.8% QoQ 2023 Q3 · $767M · +3.8% QoQ
Q3
2023 Q4 · $759M · −1.0% QoQ 2023 Q4 · $759M · −1.0% QoQ
Q4
2024 Q1 · $829M · +9.2% QoQ 2024 Q1 · $829M · +9.2% QoQ
Q1 2024
2024 Q2 · $771M · −7.0% QoQ 2024 Q2 · $771M · −7.0% QoQ
Q2
2024 Q3 · $778M · +0.9% QoQ 2024 Q3 · $778M · +0.9% QoQ
Q3
2024 Q4 · $587M · −24.6% QoQ 2024 Q4 · $587M · −24.6% QoQ
Q4
2025 Q1 · $298M · −49.2% QoQ 2025 Q1 · $298M · −49.2% QoQ
Q1 2025
2025 Q2 · $329M · +10.4% QoQ 2025 Q2 · $329M · +10.4% QoQ
Q2
2025 Q3 · $195M · −40.7% QoQ 2025 Q3 · $195M · −40.7% QoQ
Q3
2025 Q4 · $128M · −34.4% QoQ 2025 Q4 · $128M · −34.4% QoQ
Q4

Book

2023 Q4 2023 Q3 · filed 14 Feb · long equity

PGR - Progressive Ord 16.75% Hold 798,063 $159.28 $127M
CDW - Cdw Ord 16.34% Hold 545,575 $227.32 $124M
BBWI - Bath And Body Works Ord 15.34% Add +8.0% 2,698,129 $43.16 $116M +200,000 +$32M
LAMR - Lamar Advertising Reit · CL A 12.05% Add +13.7% 860,480 $106.28 $91M +103,818 +$28M
KMX - Carmax Ord 11.08% Hold 1,095,488 $76.74 $84M
LBRDA - Liberty Broadband Srs C Ord 9.94% Reduce −46.1% 935,685 $80.59 $75M −801,173 −$83M
DPZ - Dominos Pizza Ord 8.68% Hold 159,730 $412.23 $66M
CHTR - Charter Communications · CL A 8.29% New 161,935 $388.68 $63M +161,935 +$63M
ZBRA - Zebra Technologies Ord · CL A 1.45% Hold 40,381 $273.33 $11M
HEI - Heico Ord · CL A 0.08% Hold 4,247 $142.44 $605K

Exits / last held

not current holdings · last reported size, unchanged · gone vs 2023 Q3

Stock % of portfolio Recent activity Shares Reported price* Value Share change $ change
Activision Blizzard Ord 11.92% Exit 0 $93.63 $91M −976,584 −$91M

* Reported price is value ÷ shares from the 13F as of period end — not a live market quote. Weight % is each long-equity position ÷ full 13F AUM, so rows may not sum to 100% when the filing includes options or other non-equity (excluded from this table). Share change and $ change are vs 2023 Q3. Click column headers to sort · click New / Hold / Add / Reduce to promote that move type to the top. Exit opens the last-held block below.

Filings history

19 periods · normalized AUM · open a period for holdings

Period Holdings 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 Q3–2026 Q1

Notable person
Tom Bancroft
SEC filing name
Makaira Partners LLC
Location
La Jolla, CA
All SEC filings
View on sec.gov