SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Bandera Partners LLC

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

Reported Value
$239M
Q3 2022
Positions
16
Filings on Record
31
2019–present window
Filed
Nov 10, 2022
original filing

Summary

Bandera Partners LLC reported $239M in U.S.-listed holdings across 16 positions for Q3 2022.

Its largest position, TWTRUSD, represents 18.2% of the portfolio.

Compared with Q2 2022, the fund opened 1 new position and exited 2.

Portfolio Metrics

Turnover
+10.3%
vs prior filed quarter
Top-10 Concentration
+91.1%
share of reported value
Largest Position
+18.2%
Twitter
New / Exited
1 / 2
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: 94.4%Other: 3.8%ADR: 1.9%
  • Common Stock · 94.4% · $225M
  • Other · 3.8% · $9M
  • ADR · 1.9% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TLFTANDY LEATHER FACTORY INCNEW+2.86M2.86M+$10M$10M
GOOGALPHABET INCADDED+199.1K209.6K−$3M$20M
GOOGLALPHABET INCADDED+167.5K176.3K−$2M$17M
2RABBQ HLDGS INCSOLD OUT−1.34M0−$14M$0
IDTIDT CORPSOLD OUT−470.0K0−$12M$0
RBCNRUBICON TECHNOLOGY INCTRIMMED−129.9K128.3K−$2M$275,000
BURFORD CAP LTDADDED+247.9K1.20M−$613,000$9M
AMRCAMERESCO INCTRIMMED−32.5K174.2K+$2M$12M

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

Holdings — Q3 2022

15 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TWTRUSDTWITTER INChistory →COM18.23%$43M992.0K
2JYNTJOINT CORPhistory →COM15.77%$38M2.40M
3GOOGALPHABET INCCAP STK CL C · CAP STK CL A15.51%$37M385.9K
4AMKRAMKOR TECHNOLOGY INChistory →COM13.06%$31M1.83M
5SGUSTAR GROUP L Phistory →UNIT LTD PARTNR11.81%$28M3.47M
6AMRCAMERESCO INChistory →CL A4.85%$12M174.2K
7TLFTANDY LEATHER FACTORY INChistory →COM4.37%$10M2.86M
8BURFORD CAP LTDORD SHS3.78%$9M1.20M
9EXECHESAPEAKE ENERGY CORPhistory →COM3.75%$9M95.0K
10METAMETA PLATFORMS INChistory →CL A2.84%$7M50.0K
11MIX TELEMATICS LTDSPONSORED ADR1.86%$4M584.3K
12AMZNAMAZON COM INChistory →COM1.42%$3M30.0K
13HQIHIREQUEST INChistory →COM1.36%$3M251.8K
14DYAIDYADIC INTL INC DELhistory →COM1.25%$3M1.57M
15RBCNRUBICON TECHNOLOGY INCCOM NEW0.12%$275,000128.3K

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 ↗.