SEC 13F Intelligence

Managers / Q2 2024 · view latest →

Bandera Partners LLC

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

Reported Value
$276M
Q2 2024
Positions
19
Filings on Record
31
2019–present window
Filed
Aug 12, 2024
original filing

Summary

Bandera Partners LLC reported $276M in U.S.-listed holdings across 19 positions for Q2 2024.

The portfolio is heavily concentrated: JYNT alone accounts for 20.1% of reported value.

Compared with Q1 2024, the fund opened 2 new positions and exited 2.

Portfolio Metrics

Turnover
+6.5%
vs prior filed quarter
Top-10 Concentration
+85.7%
share of reported value
Largest Position
+20.1%
Joint
New / Exited
2 / 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: 91.5%Other: 8.5%
  • Common Stock · 91.5% · $252M
  • Other · 8.5% · $23M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SKYWSKYWEST INCNEW+87.8K87.8K+$7M$7M
WHEELER REAL ESTATE INVT TRNEW+20.3K20.3K+$315,166$315,166
MIX TELEMATICS LTDSOLD OUT−584.3K0−$5M$0
WHEELER REAL ESTATE INVT TRSOLD OUT−2.44M0−$382,344$0
AMRCAMERESCO INCADDED+151.9K326.1K+$5M$9M
MMACYS INCADDED+280.8K1.35M+$5M$26M
BTMDBIOTE CORPADDED+430.3K2.44M+$7M$18M
BURFORD CAP LTDHELD+01.77M−$5M$23M

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

Holdings — Q2 2024

19 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JYNTJOINT CORPhistory →COM20.07%$55M3.94M
2SGUSTAR GROUP L Phistory →UNIT LTD PARTNR13.29%$37M3.45M
3MMACYS INChistory →COM9.43%$26M1.35M
4BURFORD CAP LTDORD SHS8.36%$23M1.77M
5GOOGLALPHABET INChistory →CAP STK CL A7.68%$21M116.3K
6BTMDBIOTE CORPhistory →CLASS A COM6.60%$18M2.44M
7MTCHMATCH GROUP INC NEWhistory →COM6.55%$18M595.0K
8TLFTANDY LEATHER FACTORY INChistory →COM4.66%$13M2.86M
9NIJNELNET INChistory →CL A4.64%$13M127.0K
10AMKRAMKOR TECHNOLOGY INChistory →COM4.42%$12M304.9K
11AMRCAMERESCO INChistory →CL A3.41%$9M326.1K
12AIOTPOWERFLEET INChistory →COM3.09%$9M1.86M
13EXECHESAPEAKE ENERGY CORPhistory →COM2.83%$8M95.0K
14SKYWSKYWEST INChistory →COM2.61%$7M87.8K
15HQIHIREQUEST INChistory →COM1.13%$3M251.8K
16DYAIDYADIC INTL INC DELCOM0.84%$2M1.57M
17AIRSAIRSCULPT TECHNOLOGIES INCCOM0.25%$676,832169.2K
18WHEELER REAL ESTATE INVT TRCOM0.11%$315,16620.3K
19RBT*RUBICON TECHNOLOGIES INCCL A0.03%$93,676128.3K

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 ↗.