Bandera Partners 13F annual report
Bandera Partners is an investment fund managing more than $239 billion ran by Gregory Bylinsky. There are currently 18 companies in Mr. Bylinsky’s portfolio. The largest investments include Joint Corp and Macys Inc, together worth $81.4 billion.
$239 billion Assets Under Management (AUM)
As of 5th August 2024, Bandera Partners’s top holding is 3,937,296 shares of Joint Corp currently worth over $55.4 billion and making up 23.1% of the portfolio value.
Relative to the number of outstanding shares of Joint Corp, Bandera Partners owns less than 0.3% of the company.
In addition, the fund holds 1,355,000 shares of Macys Inc worth $26 billion.
The third-largest holding is Burford Cap Ltd worth $23.1 billion and the next is Alphabet Inc worth $21.2 billion, with 116,300 shares owned.
Currently, Bandera Partners's portfolio is worth at least $239 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Bandera Partners
The Bandera Partners office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Gregory Bylinsky serves as the Managing Member at Bandera Partners.
Recent trades
In the most recent 13F filing, Bandera Partners revealed that it had opened a new position in
Macys Inc and bought 1,355,000 shares worth $26 billion.
The investment fund also strengthened its position in Biote Corp by buying
730,313 additional shares.
This makes their stake in Biote Corp total 2,435,635 shares worth $18.2 billion.
On the other hand, there are companies that Bandera Partners is getting rid of from its portfolio.
Bandera Partners closed its position in Activision Blizzard Inc on 12th August 2024.
It sold the previously owned 525,000 shares for $49.2 billion.
Gregory Bylinsky also disclosed a decreased stake in Alphabet Inc by 0.3%.
This leaves the value of the investment at $21.2 billion and 116,300 shares.
One of the smallest hedge funds
The two most similar investment funds to Bandera Partners are Global Private Client and Invesco. They manage $239 billion and $239 billion respectively.
Gregory Bylinsky investment strategy
Bandera Partners’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 25.1% of
the total portfolio value.
The fund focuses on investments in the United States as
61.1% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
17% of the total holdings value.
On the other hand, small-cap stocks make up 11.1% of the portfolio.
The average market cap of the portfolio companies is close to $116 billion.
The complete list of Bandera Partners trades based on 13F SEC filings
These positions were updated on August 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Joint Corp |
No change
3,937,296
|
$55,358,382,000 | 23.14% |
| Activision Blizzard Inc |
Closed
525,000
|
$49,155,750,000 | |
| Alphabet Inc |
Closed
209,600
|
$27,635,760,000 | |
| Macys Inc |
Opened
1,355,000
|
$26,016,000,000 | 10.88% |
| Burford Cap Ltd |
No change
1,767,114
|
$23,060,838,000 | 9.64% |
| Alphabet Inc |
34.03%
116,300
|
$21,184,045,000 | 8.86% |
| Biote Corp |
42.83%
2,435,635
|
$18,194,193,000 | 7.61% |
| Match Group Inc. |
Opened
595,000
|
$18,076,100,000 | 7.56% |
| Tandy Leather Factory Inc |
No change
2,857,936
|
$12,860,712,000 | 5.38% |
| Nelnet Inc |
13.39%
127,000
|
$12,809,220,000 | 5.36% |
| AMKOR Technology Inc. |
49.60%
304,853
|
$12,200,217,000 | 5.10% |
| Ameresco Inc. |
87.16%
326,098
|
$9,394,883,000 | 3.93% |
| PowerFleet Inc |
Opened
1,864,317
|
$8,519,929,000 | 3.56% |
| Chesapeake Energy Corp. |
No change
95,000
|
$7,808,050,000 | 3.26% |
| Skywest Inc. |
Opened
87,760
|
$7,202,463,000 | 3.01% |
| MiX Telematics Ltd |
Closed
584,334
|
$3,225,524,000 | |
| HireQuest, Inc. |
No change
251,847
|
$3,110,310,000 | 1.30% |
| Dyadic Intl Inc Del |
No change
1,566,908
|
$2,319,024,000 | 0.97% |
| Wheeler Real Estate Invt Tr |
Closed
153,003
|
$1,606,532,000 | |
| Airsculpt Technologies Inc |
72.84%
169,208
|
$676,832,000 | 0.28% |
| Wheeler Real Estate Invt Tr |
Opened
20,294
|
$315,166,000 | 0.13% |
| Rubicon Technologies Inc |
Closed
128,323
|
$182,219,000 | |
| Rubicon Technologies Inc |
Opened
128,323
|
$93,676,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 23 holdings | |||
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