JNE Partners LLP

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), JNE Partners LLP reported 6 stock positions worth $240.7 million. Its top holding was Liberty Live Class C (LLYVK) at 40.5% of the portfolio, followed by Niq Global Intelligence (NIQ, 22.6%) and Liberty Broadband-A (LBRDA, 12.7%). Compared with Q3 2025, it sold out of 1 and added to 1. The biggest buy was Niq Global Intelligence (NIQ, shares +244%) and the biggest sale an exit from Atlanta Braves Holdings in-C (BATRK).

Most Recent 13F
Q2 2026
Location
London, X0
CIK
0001770120
Portfolio Value
$240.7M (Q4 2025)
SEC Filing
0001172661-26-000933 ↗ filed Feb 17, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $68.7M Q1 2024 Q2 2024: $65.6M Q2 2024 Q3 2024: $86.0M Q3 2024 Q4 2024: $168.3M Q4 2024 Q1 2025: $191.9M Q1 2025 Q2 2025: $248.6M Q2 2025 Q3 2025: $234.9M Q3 2025 Q4 2025: $240.7M $240.7M Q4 2025 Q1 2026: $244.4M Q1 2026 Q2 2026: $243.2M Q2 2026

Holdings 6 stocks · $240.7M
LLYVK Liberty Live Holdings Class C 40.52% 1,173,090 $97.6M No change
NIQ Niq Global Intelligence PLC 22.57% 3,294,924 $54.3M Add +244.2%
LBRDA Liberty Broadband-A 12.74% 635,155 $30.7M No change
LLYVA Liberty Live Holdings Class A 12.46% 368,121 $30.0M No change
BIO Bio-Rad Laboratories-A 11.59% 92,100 $27.9M No change
LBRDK Liberty Broadband-C 0.11% 5,540 $269K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $12K (not counted above)
SecurityClassShares / PrincipalValueChange
MLKWF Waldencast Acq Class A -CW27 *W EXP 07/27/202 333,333$12KNo change

Total filed on the 13F, all lines: $240.7M.

Portfolio Sells Q3 2025 → Q4 2025
BATRK Atlanta Braves Holdings in-C Sold out 0.00% −2.14

Portfolio Buys Q3 2025 → Q4 2025
NIQ Niq Global Intelligence PLC Add +244.2% 22.57% +16.17

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 5$243.2MLLYVK, LLYVA, NIQ, BIO, LBRDA
Q1 2026 6$244.4MLLYVK, NIQ, LLYVA, LBRDA, BIO
Q4 2025 6$240.7MLLYVK, NIQ, LBRDA, LLYVA, BIO
Q3 2025 7$234.9MLLYVK, LBRDA, LLYVA, BIO, NIQ
Q2 2025 7$248.6MLLYVK, LBRDA, BATRK, BIO, LLYVA
Q1 2025 6$191.9MLLYVK, LBRDA, BATRK, LLYVA, NG
Q4 2024 6$168.3MLLYVK, LBRDA, BATRK, NG, LBRDK
Q3 2024 3$86.0MLLYVK, BATRK, NG
Q2 2024 3$65.6MLLYVK, BATRK, NG
Q1 2024 3$68.7MLLYVK, BATRK, NG