SEC 13F Intelligence

Managers / Q2 2019 · view latest →

Bandera Partners LLC

CIK 0001399386 · 138 ATLANTIC AVENUE, BROOKLYN, NY, 11201 · 2122324582

Reported Value
$168M
Q2 2019
Positions
15
Filings on Record
31
2019–present window
Filed
Aug 13, 2019
original filing

Summary

Bandera Partners LLC reported $168M in U.S.-listed holdings across 15 positions for Q2 2019.

Its largest position, SGU, represents 17.5% of the portfolio.

Compared with Q1 2019, the fund opened 2 new positions and exited 1.

Portfolio Metrics

Turnover
+9.4%
vs prior filed quarter
Top-10 Concentration
+91.2%
share of reported value
Largest Position
+17.5%
Star Group L P
New / Exited
2 / 1
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $137MQ4 ’18Q1 ’19: $161MQ2 ’19: $168MQ3 ’19: $159MQ4 ’19: $168MQ4 ’19Q1 ’20: $119MQ2 ’20: $144MQ3 ’20: $153MQ4 ’20: $192MQ4 ’20Q1 ’21: $254MQ2 ’21: $255MQ3 ’21: $248MQ4 ’21: $280MQ4 ’21Q1 ’22: $336MQ2 ’22: $254MQ3 ’22: $239MQ4 ’22: $211MQ4 ’22Q1 ’23: $243MQ2 ’23: $236MQ3 ’23: $277MQ4 ’23: $302MQ4 ’23Q1 ’24: $257MQ2 ’24: $276MQ3 ’24: $265MQ4 ’24: $263MQ4 ’24Q1 ’25: $278MQ2 ’25: $222MQ3 ’25: $228MQ4 ’25: $222MQ4 ’25Q1 ’26: $221Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 98.5%Other: 1.5%
  • Common Stock · 98.5% · $166M
  • Other · 1.5% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DYAIDYADIC INTL INC DELNEW+1.52M1.52M+$10M$10M
TYPEUSDMONOTYPE IMAGING HOLDINGS INNEW+71.2K71.2K+$1M$1M
MAMSMAM SOFTWARE GROUP INCSOLD OUT−110.4K0−$940,000$0
AMRCAMERESCO INCADDED+283.7K683.7K+$4M$10M
GOOGALPHABET INCTRIMMED−1.1K5.2K−$2M$6M
SGUSTAR GROUP L PTRIMMED−508.3K2.96M−$4M$30M
GOOGLALPHABET INCTRIMMED−1.1K10.5K−$2M$11M
JYNTJOINT CORPHELD+60.0K1.36M+$4M$25M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2019

14 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SGUSTAR GROUP L Phistory →UNIT LTD PARTNR17.54%$30M2.96M
2JYNTJOINT CORPhistory →COM14.74%$25M1.36M
3UBNTEURUBIQUITI NETWORKS INChistory →COM12.18%$21M156.0K
4GOOGLALPHABET INCCAP STK CL A · CAP STK CL C10.06%$17M15.7K
5TLFTANDY LEATHER FACTORY INChistory →COM9.33%$16M2.86M
6METAFACEBOOK INChistory →CL A8.38%$14M73.2K
7PICO HLDGS INCCOM NEW6.89%$12M999.4K
8AMRCAMERESCO INChistory →CL A5.98%$10M683.7K
9DYAIDYADIC INTL INC DELhistory →COM5.66%$10M1.52M
10DAVEUSDFAMOUS DAVES AMER INChistory →COM3.78%$6M1.44M
11EBAEBAY INChistory →COM1.97%$3M84.0K
12LUBYS INCCOM1.49%$3M2.33M
13RBCNRUBICON TECHNOLOGY INChistory →COM NEW1.27%$2M258.3K
14TYPEUSDMONOTYPE IMAGING HOLDINGS INCOM0.71%$1M71.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$221M17May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$222M13Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$228M13Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$222M14Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$278M18May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$263M18Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$265M18Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$276M19Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$257M19May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$302M19Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$277M18Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$236M18Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$243M16May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$211M15Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$239M16Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$254M17Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$336M22May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$280M20Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$248M20Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$255M18Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$254M18May 27, 2021RESTATEMENTchanges · EDGAR ↗
Q4 2020$192M16Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$153M16Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$144M16Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$119M16May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$168M15Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$159M15Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$168M15Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$161M14May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$137M15Feb 12, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • Bylinsky Gregory028-15517
  • Gramm Jefferson028-15518

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.