Makaira Partners LLC
CIK 1540866 · View on SEC EDGAR ↗
- Portfolio value
- $127.9M
- Positions
- 11
- As of
- Dec. 31, 2025 Data as of Q4 2025
Portfolio value QoQ: -34.3% 13F does not disclose cash
- Top 10 holdings weight
- 99.57%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 10
- Effective number of positions
- 7.1
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q4 2025: 2.41% Est. buys $3,892,500 · sells $47,170,907
Median holding: 5.0 quarters Tracked Q4 2024–Q4 2025 · 73.3% still held
- New positions
- 0
- Increased
- 1
- Decreased
- 6
- Closed
- 1
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
- Related The person behind this filer, where we can match one.
Performance vs S&P 500
Annualized: -17.4% · S&P 500: +17.9%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 99.8% · Options excluded: 0.0%
Sector breakdown
Full portfolio 11 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| CHTR Charter Communications, Inc. - Class A Common Stock | $34,235,000 | 26.77% | 164,000 | $-10,882,220 | |||
| DPZ Domino's Pizza Inc - Common Stock | $15,422,340 | 12.06% | 37,000 | $-550,930 | |||
| LAMR Lamar Advertising Company - Class A Common Stock | $15,189,600 | 11.88% | 120,000 | $-5,621,800 | Down ×2 | ||
| BBWI Bath & Body Works, Inc. | $14,745,848 | 11.53% | 734,355 | $-20,545,352 | Down ×2 | ||
| CDW CDW Corporation - Common Stock | $13,620,000 | 10.65% | 100,000 | $-2,308,000 | |||
| BELFB Bel Fuse Inc. - Class B Common Stock | $9,329,650 | 7.29% | 55,000 | $-4,772,350 | Down ×2 | ||
| FLUT Flutter Entertainment plc Ordinary Shares | $8,907,387 | 6.96% | 41,422 | $-11,773,801 | Down ×2 | ||
| LMB Limbach Holdings, Inc. - Common Stock | $7,959,306 | 6.22% | 102,239 | $2,885,854 | Up ×1 | ||
| WHD Cactus, Inc. Class A Common Stock | $6,453,944 | 5.05% | 141,286 | $-3,942,809 | Down ×2 | ||
| SVV Savers Value Village, Inc. Common Stock | $1,486,087 | 1.16% | 159,110 | $-8,848,913 | Down ×2 | ||
| HEIA | $548,026 | 0.43% | 2,171 | $-3,603 | |||
| No matches | |||||||
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| BBWI | Trimmed | -636K | -$20.5M |
| FLUT | Trimmed | -40K | -$11.8M |
| CHTR | Price move only | +0 | -$10.9M |
| LAMR | Trimmed | -50K | -$5.6M |
| BELFB | Trimmed | -45K | -$4.8M |
| WHD | Trimmed | -122K | -$3.9M |
| LMB | Bought more | +50K | +$2.9M |
| CDW | Price move only | +0 | -$2.3M |
| DPZ | Price move only | +0 | -$551K |
| HEIA | Price move only | +0 | -$4K |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.