SEC 13F Intelligence

Managers / Q4 2022 · view latest →

Bandera Partners LLC

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

Reported Value
$211M
Q4 2022
Positions
15
Filings on Record
31
2019–present window
Filed
Feb 13, 2023
original filing

Summary

Bandera Partners LLC reported $211M in U.S.-listed holdings across 15 positions for Q4 2022.

The portfolio is heavily concentrated: AMKR alone accounts for 20.7% of reported value.

Compared with Q3 2022, the fund opened 1 new position and exited 2.

Portfolio Metrics

Turnover
+14.2%
vs prior filed quarter
Top-10 Concentration
+95.0%
share of reported value
Largest Position
+20.7%
Amkor Technology
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: 92.2%Other: 4.9%ADR: 1.9%PUBLIC: 0.9%
  • Common Stock · 92.2% · $195M
  • Other · 4.9% · $10M
  • ADR · 1.9% · $4M
  • PUBLIC · 0.9% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WHEELER REAL ESTATE INVT TRNEW+152.9K152.9K+$2M$2M
TWTRUSDTWITTER INCSOLD OUT−992.0K0−$43M$0
METAMETA PLATFORMS INCSOLD OUT−50.0K0−$7M$0
JYNTJOINT CORPADDED+134.7K2.53M−$2M$35M
BURFORD CAP LTDADDED+64.5K1.27M+$1M$10M
SGUSTAR GROUP L PHELD+03.47M+$14M$42M
AMKRAMKOR TECHNOLOGY INCHELD+01.83M+$13M$44M
TLFTANDY LEATHER FACTORY INCHELD+02.86M+$2M$12M

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

Holdings — Q4 2022

14 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AMKRAMKOR TECHNOLOGY INChistory →COM20.75%$44M1.83M
2SGUSTAR GROUP L Phistory →UNIT LTD PARTNR19.76%$42M3.47M
3JYNTJOINT CORPhistory →COM16.74%$35M2.53M
4GOOGALPHABET INCCAP STK CL C · CAP STK CL A16.16%$34M385.9K
5TLFTANDY LEATHER FACTORY INChistory →COM5.78%$12M2.86M
6BURFORD CAP LTDORD SHS4.89%$10M1.27M
7AMRCAMERESCO INChistory →CL A4.71%$10M174.2K
8EXECHESAPEAKE ENERGY CORPhistory →COM4.24%$9M95.0K
9MIX TELEMATICS LTDSPONSORED ADR1.94%$4M584.3K
10HQIHIREQUEST INChistory →COM1.88%$4M251.8K
11AMZNAMAZON COM INChistory →COM1.19%$3M30.0K
12WHEELER REAL ESTATE INVT TRPFD CNV SER D0.93%$2M152.9K
13DYAIDYADIC INTL INC DELCOM0.91%$2M1.57M
14RBCNRUBICON TECHNOLOGY INCCOM NEW0.11%$223,282128.3K

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 ↗.