LB Partners LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 30, 2026), LB Partners LLC reported 33 stock positions worth $146.6 million. Its top holding was Remitly Global (RELY) at 19.4% of the portfolio, followed by Niq Global Intelligence (NIQ, 12.3%) and Open Lending (LPRO, 10.3%). Compared with Q1 2026, it opened 3 new positions, sold out of 6, added to 8 and reduced 5. The biggest buy was Niq Global Intelligence (NIQ, shares +383%) and the biggest sale Sprout Social Class A (SPT, shares −68%).
- Most Recent 13F
- Q2 2026
- Location
- CHARLOTTESVILLE, VA
- CIK
- 0002007877
- Portfolio Value
- $146.6M (Q2 2026)
- SEC Filing
- 0001398344-26-013145 ↗ filed Jul 30, 2026
Holdings Value
Holdings 33 stocks · $146.6M
| RELY Remitly Global Inc. | 19.39% | 1,268,000 | $28.4M | Reduce -17.1% |
| NIQ Niq Global Intelligence PLC | 12.32% | 1,932,168 | $18.1M | Add +383.4% |
| LPRO Open Lending Corp. | 10.29% | 4,850,841 | $15.1M | Reduce -10.2% |
| COF Capital One Financial Corp. | 9.59% | 70,056 | $14.1M | No change |
| AXP American Express Co. | 6.92% | 30,000 | $10.1M | No change |
| TIGO Millicom Intl Cellular S.A. | 4.77% | 77,000 | $7.0M | Reduce -46.1% |
| MU Micron Technology Inc. | 4.72% | 6,000 | $6.9M | Add +50.0% |
| GOOGL Alphabet Inc. Class A | 4.63% | 19,000 | $6.8M | No change |
| OPFI Oppfi Inc. | 4.28% | 632,500 | $6.3M | Add +26.5% |
| FOUR SHIFT4 Payments Inc. Class A | 3.19% | 96,000 | $4.7M | Add +220.0% |
| TOST Toast Inc. Class A | 2.94% | 155,000 | $4.3M | New |
| LBRDK Liberty Broadband-C | 2.50% | 110,075 | $3.7M | Add +509.0% |
| SPT Sprout Social Inc. Class A | 2.47% | 479,733 | $3.6M | Reduce -68.3% |
| GOOG Alphabet Inc. Class C | 1.93% | 8,000 | $2.8M | No change |
| GOGO Gogo Inc. | 1.44% | 683,066 | $2.1M | Reduce -15.1% |
| AMZN Amazon.com Inc. | 1.30% | 8,000 | $1.9M | No change |
| PDD PDD Holdings Inc. | 1.14% | 22,000 | $1.7M | No change |
| NVDA Nvidia Corp. | 1.09% | 8,000 | $1.6M | Add +33.3% |
| KKR KKR & Co. Inc. | 1.07% | 17,100 | $1.6M | No change |
| TBBB BBB Foods Inc. Class A | 0.99% | 35,000 | $1.5M | No change |
| PYPL PayPal Holdings Inc. | 0.66% | 22,500 | $972K | Add +12.5% |
| TFPM Triple Flag Precious Met | 0.30% | 14,913 | $447K | No change |
| SGOL Abrdn Physical Gold Shares | 0.29% | 11,000 | $421K | No change |
| DVN Devon Energy Corp. | 0.28% | 10,000 | $413K | No change |
| FDS Factset Research Systems Inc. | 0.26% | 1,685 | $388K | New |
| IMXI International Money Express | 0.23% | 23,000 | $332K | No change |
| SPGI S&P Global Inc. | 0.21% | 750 | $305K | No change |
| MTA Metalla Royalty & Streaming | 0.19% | 36,000 | $274K | No change |
| FRPH FRP Holdings Inc. filed as FRP HLDGS INC | 0.16% | 9,582 | $239K | No change |
| CVX Chevron Corp. | 0.16% | 1,400 | $232K | No change |
| BSM Black Stone Minerals LP | 0.10% | 10,000 | $140K | No change |
| MFIC Midcap Financial Investment | 0.08% | 12,000 | $121K | Add +20.0% |
| FSK FS KKR Capital Corp. | 0.08% | 11,164 | $117K | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $68K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | 100,000 | $68K | No change |
Total filed on the 13F, all lines: $146.6M.
Portfolio Sells Q1 2026 → Q2 2026
| SPT Sprout Social Inc. Class A | Reduce -68.3% | 2.47% | −5.26 |
| TIGO Millicom Intl Cellular S.A. | Reduce -46.1% | 4.77% | −4.85 |
| RELY Remitly Global Inc. | Reduce -17.1% | 19.39% | −2.11 |
| GOGO Gogo Inc. | Reduce -15.1% | 1.44% | −1.46 |
| FISV Fiserv Inc. | Sold out | 0.00% | −1.35 |
| GTLB Gitlab Inc. Class A | Sold out | 0.00% | −1.16 |
| GPN Global Payments Inc. | Sold out | 0.00% | −0.60 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.56 |
| GLIBK Liberty Capital Corp. Class C | Sold out | 0.00% | −0.36 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.20 |
| LPRO Open Lending Corp. | Reduce -10.2% | 10.29% | +4.24 |
Portfolio Buys Q1 2026 → Q2 2026
| NIQ Niq Global Intelligence PLC | Add +383.4% | 12.32% | +8.25 |
| MU Micron Technology Inc. | Add +50.0% | 4.72% | +3.51 |
| TOST Toast Inc. Class A | New | 2.94% | +2.94 |
| FOUR SHIFT4 Payments Inc. Class A | Add +220.0% | 3.19% | +2.01 |
| LBRDK Liberty Broadband-C | Add +509.0% | 2.50% | +1.68 |
| OPFI Oppfi Inc. | Add +26.5% | 4.28% | +0.83 |
| FDS Factset Research Systems Inc. | New | 0.26% | +0.26 |
| NVDA Nvidia Corp. | Add +33.3% | 1.09% | +0.15 |
| FSK FS KKR Capital Corp. | New | 0.08% | +0.08 |
| MFIC Midcap Financial Investment | Add +20.0% | 0.08% | −0.02 |
| PYPL PayPal Holdings Inc. | Add +12.5% | 0.66% | −0.15 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 33 | $146.6M | RELY, NIQ, LPRO, COF, AXP |
| Q1 2026 | 36 | $111.5M | RELY, COF, TIGO, AXP, SPT |
| Q4 2025 | 25 | $108.4M | RELY, COF, TIGO, AXP, LPRO |
| Q3 2025 | 29 | $155.8M | GOGO, WOW, RELY, TIGO, COF |
| Q2 2025 | 23 | $156.6M | GOGO, WOW, TIGO, COF, RELY |
| Q1 2025 | 22 | $139.0M | WOW, GOGO, TIGO, RELY, DFS |
| Q4 2024 | 21 | $133.4M | WOW, GOGO, TIGO, RELY, AXP |
| Q3 2024 | 22 | $115.1M | WOW, GOGO, TIGO, AXP, DFS |
| Q2 2024 | 25 | $120.1M | WOW, GOGO, TIGO, AXP, RELY |
| Q1 2024 | 21 | $97.2M | WOW, GOGO, TIGO, AXP, BABA |