Managers / Q2 2024 · view latest →
LB Partners LLC
CIK 0002007877 · 411-413A EAST MAIN STREET, CHARLOTTESVILLE, VA, 22902 · 434-886-1101
Summary
Lb Partners LLC reported $120M in U.S.-listed holdings across 25 positions for Q2 2024.
The portfolio is heavily concentrated: WOW alone accounts for 29.7% of reported value.
Compared with Q1 2024, the fund opened 5 new positions and exited 2.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 82.5% · $99M
- Other · 11.2% · $13M
- ADR · 4.6% · $5M
- MLP · 1.6% · $2M
- ETP · 0.2% · $244,420
Quarter-over-Quarter Changes full breakdown →
vs Q1 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| RELYREMITLY GLOBAL INC | NEW | +473.3K | 473.3K | +$6M | $6M |
| PTONPELOTON INTERACTIVE INC | NEW | +595.0K | 595.0K | +$2M | $2M |
| COFCAPITAL ONE FINL CORP | NEW | +9.0K | 9.0K | +$1M | $1M |
| THTARGET HOSPITALITY CORP | NEW | +134.0K | 134.0K | +$1M | $1M |
| SPTSPROUT SOCIAL INC | NEW | +20.0K | 20.0K | +$713,600 | $713,600 |
| SPROUT SOCIAL INC | SOLD OUT | −1.9K | 0 | −$817,275 | $0 |
| ELASTIC N V | SOLD OUT | −7.5K | 0 | −$751,800 | $0 |
| FRPHFRP HLDGS INC | ADDED | +62.9K | 125.8K | −$274,248 | $4M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2024
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $112M | 37 | Apr 24, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $108M | 25 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $156M | 29 | Oct 31, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $157M | 23 | Jul 29, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $139M | 22 | Apr 29, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $133M | 21 | Jan 24, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $115M | 22 | Oct 21, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $120M | 25 | Jul 29, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $98M | 22 | May 1, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $91M | 27 | Jan 26, 2024 | 13F-HR | changes · EDGAR ↗ |
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 ↗.