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

2025 Q3 2025 Q2 · filed 17 Nov · long equity

CHTR - Charter Communications · CL A 23.17% Reduce −18.1% 164,000 $275.10 $45M −36,162 −$37M
BBWI - Bath And Body Works Ord 18.12% Reduce −25.5% 1,370,000 $25.76 $35M −469,039 −$20M
LAMR - Lamar Advertising Reit · CL A 10.69% Reduce −24.2% 170,000 $122.42 $21M −54,260 −$6M
FLUT - Flutter Entertainment Ord 10.62% Reduce −23.5% 81,422 $254.00 $21M −25,000 −$10M
DPZ - Dominos Pizza Ord 8.20% Reduce −43.0% 37,000 $431.71 $16M −27,964 −$13M
CDW - Cdw Ord 8.18% Reduce −35.6% 100,000 $159.28 $16M −55,305 −$12M
BELFB - Bel Fuse Ord · CL B 7.24% Reduce −59.3% 100,000 $141.02 $14M −145,999 −$10M
WHD - Cactus Ord · CL A 5.34% Reduce −26.2% 263,409 $39.47 $10M −93,621 −$5M
SVV - Savers Value Village Ord 5.31% Reduce −27.7% 780,000 $13.25 $10M −298,437 −$665K
LMB - Limbach Ord 2.61% Hold 52,239 $97.12 $5M
HEI - Heico Ord · CL A 0.28% Hold 2,171 $254.09 $552K
BELFA - Bel Fuse Ord · CL A 0.24% Hold 4,001 $116.35 $466K

Exits / last held

not current holdings · last reported size, unchanged · gone vs 2025 Q2

Stock % of portfolio Recent activity Shares Reported price* Value Share change $ change
KMX - Carmax Ord 5.57% Exit 0 $67.21 $18M −272,203 −$18M

* 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 2025 Q2. 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