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Portfolio (Quarterly) Guide ↗

Makaira Partners

· CIK 0001540866
13F Portfolio $195M AUM Filed Nov 17, 2025 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 Q3 2025 · All 12 New
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 CHTR CHARTER COMMUNICATIONS CL A ORD Communication Services 164,000.0 $45.1M 23.17% NEW $275.11 -48.4%
2 BBWI BATH AND BODY WORKS ORD Consumer Cyclical 1,370,000.0 $35.3M 18.12% NEW $25.76 -35.3%
3 LAMR LAMAR ADVERTISING CL A REIT Real Estate 170,000.0 $20.8M 10.69% NEW $122.42 +19.5%
4 FLUTTER ENTERTAINMENT ORD 81,422.0 $20.7M 10.62% NEW $254.00
5 DPZ DOMINOS PIZZA ORD Consumer Cyclical 37,000.0 $16.0M 8.20% NEW $431.71 -30.9%
6 CDW CDW ORD Technology 100,000.0 $15.9M 8.18% NEW $159.28 -35.7%
7 BELFB BEL FUSE CL B ORD Technology 100,000.0 $14.1M 7.24% NEW $141.02 +81.7%
8 WHD CACTUS CL A ORD Energy 263,409.0 $10.4M 5.34% NEW $39.47 +43.4%
9 SVV SAVERS VALUE VILLAGE ORD Consumer Cyclical 780,000.0 $10.3M 5.31% NEW $13.25 -45.6%
10 LMB LIMBACH HOLDINGS ORD Industrials 52,239.0 $5.1M 2.60% NEW $97.12 -23.8%
11 HEICO CL A ORD 2,171.0 $552K 0.28% NEW $254.09
12 BELFA BEL FUSE CL A ORD Technology 4,001.0 $466K 0.24% NEW $116.35 +96.8%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Consumer Cyclical 35.5%
Communication Services 26.0%
Technology 17.6%
Real Estate 12.0%
Energy 6.0%
Industrials 2.9%