SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Bandera Partners LLC

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

Reported Value
$336M
Q1 2022
Positions
22
Filings on Record
31
2019–present window
Filed
May 13, 2022
original filing

Summary

Bandera Partners LLC reported $336M in U.S.-listed holdings across 22 positions for Q1 2022.

Its largest position, SGU, represents 11.5% of the portfolio.

Compared with Q4 2021, the fund opened 2 new positions and exited 0.

Portfolio Metrics

Turnover
+4.1%
vs prior filed quarter
Top-10 Concentration
+76.9%
share of reported value
Largest Position
+11.5%
Star Group L P

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: 89.1%Other: 9.1%ADR: 1.8%
  • Common Stock · 89.1% · $299M
  • Other · 9.1% · $30M
  • ADR · 1.8% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PERSHING SQUARE TONTINE HLDGNEW+850.0K850.0K+$17M$17M
METAMETA PLATFORMS INCNEW+50.0K50.0K+$11M$11M
JYNTJOINT CORPADDED+771.5K1.00M+$20M$35M
IDTIDT CORPADDED+233.4K470.0K+$6M$16M
GOOGALPHABET INCADDED+2.1K5.5K+$5M$15M
TWTRUSDTWITTER INCADDED+172.0K947.0K+$3M$37M
AMKRAMKOR TECHNOLOGY INCADDED+134.7K1.71M−$2M$37M
SGUSTAR GROUP L PHELD+151.0K3.47M+$3M$38M

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

Holdings — Q1 2022

21 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGLALPHABET INCCAP STK CL A · CAP STK CL C11.86%$40M14.3K
2SGUSTAR GROUP L Phistory →UNIT LTD PARTNR11.45%$38M3.47M
3AMKRAMKOR TECHNOLOGY INChistory →COM11.09%$37M1.71M
4TWTRUSDTWITTER INChistory →COM10.91%$37M947.0K
5JYNTJOINT CORPhistory →COM10.54%$35M1.00M
62RABBQ HLDGS INChistory →COM6.04%$20M1.34M
7PERSHING SQUARE TONTINE HLDGCOM CL A5.03%$17M850.0K
8AMRCAMERESCO INChistory →CL A4.89%$16M206.7K
9VIDLER WATER RESOUCES INCCOM4.82%$16M1.05M
10IDTIDT CORPhistory →CL B NEW4.77%$16M470.0K
11METAMETA PLATFORMS INChistory →CL A3.31%$11M50.0K
12PRSUVIAD CORPhistory →COM2.49%$8M234.4K
13BURFORD CAP LTDORD SHS2.31%$8M843.8K
14LUBYS INCCOM1.94%$7M2.86M
15MIX TELEMATICS LTDSPONSORED ADR1.80%$6M537.9K
16AMZNAMAZON COM INChistory →COM1.46%$5M1.5K
17HQIHIREQUEST INChistory →COM1.43%$5M251.8K
18DYAIDYADIC INTL INC DELhistory →COM1.40%$5M1.57M
19SHAKSHAKE SHACK INChistory →CL A1.27%$4M63.0K
20RBCNRUBICON TECHNOLOGY INCCOM NEW0.71%$2M258.3K
21SBUXSTARBUCKS CORPCOM0.47%$2M17.2K

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 ↗.