SEC 13F Intelligence

Managers / Q1 2026

Bandera Partners LLC

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

Reported Value
$221M
Q1 2026
Positions
17
Filings on Record
31
2019–present window
Filed
May 13, 2026
original filing

Summary

Bandera Partners LLC reported $221M in U.S.-listed holdings across 17 positions for Q1 2026.

Its largest position, JYNT, represents 15.8% of the portfolio.

Compared with Q4 2025, the fund opened 4 new positions and exited 0.

Portfolio Metrics

Turnover
+16.0%
vs prior filed quarter
Top-10 Concentration
+84.7%
share of reported value
Largest Position
+15.8%
Joint

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: 96.4%Other: 3.6%
  • Common Stock · 96.4% · $213M
  • Other · 3.6% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PARPAR TECHNOLOGY CORPNEW+700.0K700.0K+$9M$9M
MOHMOLINA HEALTHCARE INCNEW+61.0K61.0K+$8M$8M
INTUINTUITNEW+18.0K18.0K+$8M$8M
EATBRINKER INTL INCNEW+33.0K33.0K+$5M$5M
NIJNELNET INCTRIMMED−55.2K47.2K−$8M$6M
BURFORD CAPITAL LIMITEDTRIMMED−657.7K1.76M−$14M$8M
AIOTPOWERFLEET INCADDED+500.0K2.38M−$3M$7M
AMRCAMERESCO INCTRIMMED−50.5K476.3K−$3M$12M

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

Holdings — Q1 2026

17 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JYNTJOINT CORPhistory →COM15.76%$35M3.94M
2SGUSTAR GROUP L Phistory →UNIT LTD PARTNR15.25%$34M2.75M
3AMKRAMKOR TECHNOLOGY INChistory →COM14.13%$31M693.5K
4GOOGLALPHABET INChistory →CAP STK CL A11.62%$26M89.3K
5SKYWSKYWEST INChistory →COM7.44%$16M179.1K
6AMRCAMERESCO INChistory →CL A5.49%$12M476.3K
7PARPAR TECHNOLOGY CORPhistory →COM4.22%$9M700.0K
8MOHMOLINA HEALTHCARE INChistory →COM3.68%$8M61.0K
9BURFORD CAPITAL LIMITEDORD SHS3.59%$8M1.76M
10INTUINTUIThistory →COM3.52%$8M18.0K
11AIOTPOWERFLEET INChistory →COM3.32%$7M2.38M
12TLFTANDY LEATHER FACTORY INChistory →COM2.99%$7M2.86M
13NIJNELNET INChistory →CL A2.75%$6M47.2K
14EATBRINKER INTL INChistory →COM2.13%$5M33.0K
15RRNRED ROBIN GOURMET BURGERS INhistory →COM1.79%$4M1.35M
16BTMDBIOTE CORPhistory →CLASS A COM1.26%$3M2.07M
17HQIHIREQUEST INChistory →COM1.07%$2M236.8K

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 ↗.