Bandera Partners LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Bandera Partners LLC reported 18 stock positions worth $262.7 million. Its top holding was Joint (JYNT) at 15.9% of the portfolio, followed by Star (SGU, 15.1%) and Burford Capital (BUR, 8.6%). Compared with Q3 2024, it opened 2 new positions and sold out of 2. The biggest buy was a new position in Red Robin Gourmet Burgers (RRGB) and the biggest sale an exit from Airsculpt Technologies (AIRS).
- Most Recent 13F
- Q2 2026
- Location
- Brooklyn, NY
- CIK
- 0001399386
- Portfolio Value
- $262.7M (Q4 2024)
- SEC Filing
- 0000921895-25-000347 ↗ filed Feb 12, 2025
Holdings Value
Holdings 18 stocks · $262.7M
| JYNT The Joint Corp. | 15.93% | 3,937,296 | $41.9M | No change |
| SGU Star Group LP | 15.14% | 3,445,360 | $39.8M | No change |
| BUR Burford Capital Ltd. | 8.58% | 1,767,114 | $22.5M | No change |
| GOOGL Alphabet Inc. Class A | 8.38% | 116,300 | $22.0M | No change |
| OXY Occidental Petroleum Corp. | 7.99% | 425,000 | $21.0M | No change |
| MTCH Match Group Inc. | 7.41% | 595,000 | $19.5M | No change |
| BTMD Biote Corp. Class A | 5.73% | 2,435,635 | $15.1M | No change |
| TLF Tandy Leather Factory Inc. | 5.21% | 2,857,936 | $13.7M | No change |
| NNI Nelnet Inc. Class A | 5.16% | 127,000 | $13.6M | No change |
| AIOT Powerfleet Inc. | 4.73% | 1,864,317 | $12.4M | No change |
| EXE Expand Energy Corp. | 3.60% | 95,000 | $9.5M | No change |
| SKYW Skywest Inc. | 3.35% | 87,760 | $8.8M | No change |
| AMKR Amkor Technology Inc. | 2.98% | 304,853 | $7.8M | No change |
| AMRC Ameresco Inc. Class A | 2.92% | 326,098 | $7.7M | No change |
| HQI Hirequest Inc. | 1.36% | 251,847 | $3.6M | No change |
| DYAI Dyadic International Inc. | 1.04% | 1,566,908 | $2.7M | No change |
| RRGB Red Robin Gourmet Burgers | 0.48% | 229,598 | $1.3M | New |
| WHEELER REAL ESTATE INVT TR | 0.00% | 3,382 | $11K | New |
Portfolio Sells Q3 2024 → Q4 2024
| AIRS Airsculpt Technologies Inc. | Sold out | 0.00% | −0.30 |
| WHEELER REAL ESTATE INVT TR | Sold out | 0.00% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| RRGB Red Robin Gourmet Burgers | New | 0.48% | +0.48 |
| WHEELER REAL ESTATE INVT TR | New | 0.00% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 19 | $283.9M | SGU, JYNT, SPCX, GOOGL, AMKR |
| Q1 2026 | 17 | $221.1M | JYNT, SGU, AMKR, GOOGL, SKYW |
| Q4 2025 | 13 | $222.5M | JYNT, SGU, GOOGL, AMKR, BUR |
| Q3 2025 | 13 | $228.1M | JYNT, SGU, BUR, AMKR, GOOGL |
| Q2 2025 | 14 | $221.9M | JYNT, BUR, SGU, SKYW, AMKR |
| Q1 2025 | 18 | $277.9M | JYNT, SGU, BUR, OXY, MTCH |
| Q4 2024 | 18 | $262.7M | JYNT, SGU, BUR, GOOGL, OXY |
| Q3 2024 | 18 | $264.9M | JYNT, SGU, BUR, MTCH, OXY |
| Q2 2024 | 19 | $275.9M | JYNT, SGU, M, BUR, GOOGL |
| Q1 2024 | 19 | $256.6M | JYNT, SGU, BUR, MTCH, M |