Managers / Q3 2021 · view latest →
Bandera Partners LLC
CIK 0001399386 · 138 ATLANTIC AVENUE, BROOKLYN, NY, 11201 · 2122324582
Summary
Bandera Partners LLC reported $248M in U.S.-listed holdings across 20 positions for Q3 2021.
Its largest position, AMKR, represents 15.9% of the portfolio.
Compared with Q2 2021, the fund opened 2 new positions and exited 0.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 86.2% · $214M
- Other · 11.1% · $28M
- ADR · 2.7% · $7M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| IDTIDT CORP | NEW | +100.0K | 100.0K | +$4M | $4M |
| BURFORD CAP LTD | NEW | +336.1K | 336.1K | +$4M | $4M |
| DYAIDYADIC INTL INC DEL | ADDED | +1.48M | 1.57M | +$8M | $9M |
| AMKRAMKOR TECHNOLOGY INC | ADDED | +761.5K | 1.58M | +$20M | $39M |
| JYNTJOINT CORP | TRIMMED | −360.0K | 150.0K | −$28M | $15M |
| 2RABBQ HLDGS INC | HELD | +0 | 1.34M | −$5M | $20M |
| SGUSTAR GROUP L P | HELD | +0 | 3.31M | −$3M | $34M |
| TWTRUSDTWITTER INC | HELD | +0 | 300.0K | −$3M | $18M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2021
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | AMKRAMKOR TECHNOLOGY INChistory → | COM | 15.90% | $39M | 1.58M |
| 2 | SGUSTAR GROUP L Phistory → | UNIT LTD PARTNR | 13.62% | $34M | 3.31M |
| 3 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 13.17% | $33M | 12.2K |
| 4 | 2RABBQ HLDGS INChistory → | COM | 8.16% | $20M | 1.34M |
| 5 | TWTRUSDTWITTER INChistory → | COM | 7.31% | $18M | 300.0K |
| 6 | JYNTJOINT CORPhistory → | COM | 5.93% | $15M | 150.0K |
| 7 | AMRCAMERESCO INChistory → | CL A | 4.87% | $12M | 206.7K |
| 8 | LUBYS INC | COM | 4.82% | $12M | 2.86M |
| 9 | VIDLER WATER RESOUCES INC | COM | 4.82% | $12M | 1.05M |
| 10 | PRSUVIAD CORPhistory → | COM | 4.29% | $11M | 234.4K |
| 11 | DYAIDYADIC INTL INC DELhistory → | COM | 3.51% | $9M | 1.57M |
| 12 | MIX TELEMATICS LTD | SPONSORED ADR | 2.67% | $7M | 537.9K |
| 13 | SHAKSHAKE SHACK INChistory → | CL A | 1.99% | $5M | 63.0K |
| 14 | AMZNAMAZON COM INChistory → | COM | 1.99% | $5M | 1.5K |
| 15 | HQIHIREQUEST INChistory → | COM | 1.96% | $5M | 251.8K |
| 16 | IDTIDT CORPhistory → | CL B NEW | 1.69% | $4M | 100.0K |
| 17 | BURFORD CAP LTD | ORD SHS | 1.49% | $4M | 336.1K |
| 18 | RBCNRUBICON TECHNOLOGY INChistory → | COM NEW | 1.05% | $3M | 258.3K |
| 19 | SBUXSTARBUCKS CORP | COM | 0.76% | $2M | 17.2K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $221M | 17 | May 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $222M | 13 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $228M | 13 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $222M | 14 | Aug 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $278M | 18 | May 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $263M | 18 | Feb 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $265M | 18 | Nov 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $276M | 19 | Aug 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $257M | 19 | May 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $302M | 19 | Feb 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $277M | 18 | Nov 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $236M | 18 | Aug 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $243M | 16 | May 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $211M | 15 | Feb 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $239M | 16 | Nov 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $254M | 17 | Aug 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $336M | 22 | May 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $280M | 20 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $248M | 20 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $255M | 18 | Aug 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $254M | 18 | May 27, 2021 | RESTATEMENT | changes · EDGAR ↗ |
| Q4 2020 | $192M | 16 | Feb 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $153M | 16 | Nov 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $144M | 16 | Aug 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $119M | 16 | May 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $168M | 15 | Feb 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $159M | 15 | Nov 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $168M | 15 | Aug 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $161M | 14 | May 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $137M | 15 | Feb 12, 2019 | 13F-HR | changes · 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 ↗.