SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Highlander Partners, L.P.

CIK 0001903866 · 300 CRESCENT COURT, SUITE 550, DALLAS, TX, 75201 · 214-245-5000

Reported Value
$279M
Q4 2025
Positions
68
Filings on Record
18
2019–present window
Filed
Feb 3, 2026
original filing

Summary

Highlander Partners, L.P. reported $279M in U.S.-listed holdings across 68 positions for Q4 2025.

Its largest position, VRT, represents 17.1% of the portfolio.

Compared with Q3 2025, the fund opened 19 new positions and exited 3.

Portfolio Metrics

Turnover
+5.7%
vs prior filed quarter
Top-10 Concentration
+74.6%
share of reported value
Largest Position
+17.1%
Vertiv
New / Exited
19 / 3
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 ’21: $82MQ4 ’21Q1 ’22: $80MQ2 ’22: $76MQ3 ’22: $67MQ3 ’22Q4 ’22: $74MQ1 ’23: $74MQ2 ’23: $89MQ2 ’23Q3 ’23: $101MQ4 ’23: $125MQ1 ’24: $144MQ1 ’24Q2 ’24: $150MQ3 ’24: $169MQ4 ’24: $176MQ4 ’24Q1 ’25: $162MQ2 ’25: $260MQ3 ’25: $287MQ3 ’25Q4 ’25: $279MQ1 ’26: $256Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 82.8%ADR: 9.3%ETP: 6.7%MLP: 0.9%Other: 0.2%Other: 0.1%
  • Common Stock · 82.8% · $231M
  • ADR · 9.3% · $26M
  • ETP · 6.7% · $19M
  • MLP · 0.9% · $2M
  • Other · 0.2% · $656,486
  • Other · 0.1% · $258,720

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DSGRDISTRIBUTION SOLUTIONS GRP INEW+85.9K85.9K+$2M$2M
SLBSLB LIMITEDNEW+5.0K5.0K+$193,435$193,435
NOANORTH AMERN CONSTR GROUP LTDNEW+9.2K9.2K+$132,003$132,003
LLOEWS CORPNEW+1.2K1.2K+$129,005$129,005
0J7QIAC INCNEW+3.2K3.2K+$126,293$126,293
PGPROCTER AND GAMBLE CONEW+800800+$114,648$114,648
SEBSEABOARD CORP DELNEW+2424+$106,676$106,676
MHKMOHAWK INDS INCNEW+900900+$98,370$98,370

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

Holdings — Q4 2025

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VRTVERTIV HOLDINGS COhistory →COM CL A17.07%$48M293.6K
2BXBLACKSTONE INChistory →COM13.50%$38M244.0K
3AMZNAMAZON COM INChistory →COM8.53%$24M103.0K
4PSNPARSONS CORP DELhistory →COM6.15%$17M277.3K
5KEYSKEYSIGHT TECHNOLOGIES INChistory →COM5.77%$16M79.2K
6TCBITEXAS CAP BANCSHARES INChistory →COM5.50%$15M169.4K
7DHRDANAHER CORPORATIONhistory →COM4.76%$13M58.0K
8YMMFULL TRUCK ALLIANCE CO LTDhistory →SPONSORED ADS4.73%$13M1.23M
9SPDR SERIES TRUSTSTATE STREET SPD4.65%$13M200.0K
10BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS4.59%$13M87.2K
11SPXCSPX TECHNOLOGIES INChistory →COM3.75%$10M52.3K
12MIRMMIRUM PHARMACEUTICALS INChistory →COM3.49%$10M123.0K
13HONGBPHONEYWELL INTL INChistory →COM3.19%$9M45.5K
14DAKTDAKTRONICS INChistory →COM2.84%$8M400.0K
15SSNCSS&C TECHNOLOGIES HLDGS INChistory →COM2.57%$7M81.8K
16DELLDELL TECHNOLOGIES INChistory →CL C1.36%$4M30.0K
17SPDR S&P 500 ETF TRTR UNIT0.98%$3M4.0K
18DSGRDISTRIBUTION SOLUTIONS GRP ICOM0.84%$2M85.9K
19INVESCO EXCHANGE TRADED FD TS&P500 EQL WGT0.68%$2M9.9K
20MDAISPECTRAL AI INCCOM CL A0.46%$1M900.0K
21BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.28%$766,5411.5K
22MPLXMPLX LPCOM UNIT REP LTD0.27%$762,71114.3K
23DMLPDORCHESTER MINERALS LPCOM UNIT0.27%$739,60233.1K
24GOOGLALPHABET INCCAP STK CL A0.25%$688,6002.2K
25GHCGRAHAM HLDGS COCOM CL B0.21%$587,751535
26CWSTCASELLA WASTE SYS INCCL A0.21%$587,6406.0K
27WHITE MTNS INS GROUP LTDCOM0.21%$581,848280
28ACWIISHARES TRMSCI ACWI ETF · CHINA LG-CAP ETF0.20%$563,6568.4K
29MSFTMICROSOFT CORPCOM0.18%$507,8011.1K
30JPMJPMORGAN CHASE & CO.COM0.17%$483,3301.5K
31GQ9SPDR GOLD TRGOLD SHS0.16%$459,7201.2K
32EPDENTERPRISE PRODS PARTNERS LCOM0.16%$448,84014.0K
334I1PHILIP MORRIS INTL INCCOM0.14%$401,0002.5K
34METAMETA PLATFORMS INCCL A0.13%$363,050550
35ADBEADOBE INCCOM0.13%$349,9901.0K
36MRKMERCK & CO INCCOM0.12%$347,3583.3K
37PAGPEURPLAINS GP HLDGS L PLTD PARTNR INT A0.10%$287,10015.0K
38ARCCARES CAPITAL CORPCOM0.10%$283,22014.0K
39ETENERGY TRANSFER L PCOM UT LTD PTN0.10%$281,64917.1K
40KRPKIMBELL RTY PARTNERS LPUNIT0.09%$258,72022.0K
41PSXPHILLIPS 66COM0.09%$258,0802.0K
42VVISA INCCOM CL A0.09%$245,497700
43WESWESTERN MIDSTREAM PARTNERS LCOM UNIT LP INT0.09%$240,9506.1K
44EXMOCEXXON MOBIL CORPCOM0.09%$240,6802.0K
45ORCLORACLE CORPCOM0.08%$228,0451.2K
46HDHOME DEPOT INCCOM0.08%$215,063625
47RSGREPUBLIC SVCS INCCOM0.08%$211,9301.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$256M47Apr 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$279M68Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$287M52Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$260M53Aug 6, 202513F-HRchanges · EDGAR ↗
Q1 2025$162M48May 6, 202513F-HRchanges · EDGAR ↗
Q4 2024$176M41Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$169M45Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$150M40Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$144M42May 1, 202413F-HRchanges · EDGAR ↗
Q4 2023$125M25Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$101M26Nov 6, 202313F-HRchanges · EDGAR ↗
Q2 2023$89M26Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$74M23May 4, 202313F-HRchanges · EDGAR ↗
Q4 2022$74M22Feb 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$67M21Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$76M24Aug 2, 202213F-HRchanges · EDGAR ↗
Q1 2022$80M23Apr 27, 202213F-HRchanges · EDGAR ↗
Q4 2021$82M26Jan 28, 202213F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • Wallace Capital Management Inc.028-14310
  • STIFEL FINANCIAL CORP028-04621

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 ↗.