Magnolia Group, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 7, 2024), Magnolia Group, LLC reported 11 stock positions worth $663.9 million. Its top holding was Nelnet Class A (NNI) at 27.1% of the portfolio, followed by Frontier Communications Pare (FYBR, 16.5%) and Boston Omaha Class A (BOC, 13.0%). Compared with Q4 2023, it added to 4 and reduced 1. The biggest buy was Alliance Resource Partners (ARLP, shares +7%) and the biggest sale Ally Financial (ALLY, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- OMAHA, NE
- CIK
- 0001618376
- Portfolio Value
- $663.9M (Q1 2024)
- SEC Filing
- 0001398344-24-008929 ↗ filed May 7, 2024
Holdings Value
Holdings 11 stocks · $663.9M
| NNI Nelnet Inc. Class A | 27.09% | 1,900,000 | $179.8M | No change |
| FYBR Frontier Communications Pare | 16.52% | 4,476,931 | $109.7M | No change |
| BOC Boston Omaha Corp. Class A | 13.02% | 5,589,253 | $86.4M | No change |
| ALLY Ally Financial Inc. | 11.16% | 1,825,000 | $74.1M | Reduce -13.9% |
| ARLP Alliance Resource Partners | 10.40% | 3,443,871 | $69.0M | Add +7.2% |
| CRMT America's Car-Mart Inc. | 6.93% | 719,950 | $46.0M | Add +14.1% |
| RMAX Re/Max Holdings Inc. Class A | 4.01% | 3,037,843 | $26.6M | Add +1.8% |
| ABG Asbury Automotive Group | 3.62% | 102,000 | $24.0M | No change |
| PCYO Pure Cycle Corp. | 2.77% | 1,935,926 | $18.4M | Add +9.6% |
| NICHOLAS FINL INC BC | 2.47% | 2,426,067 | $16.4M | No change |
| CMP Compass Minerals Internation | 2.01% | 849,490 | $13.4M | No change |
Portfolio Sells Q4 2023 → Q1 2024
| ALLY Ally Financial Inc. | Reduce -13.9% | 11.16% | +0.24 |
Portfolio Buys Q4 2023 → Q1 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 16 | $476.3M | NNI, BOC, ABG, CNR, ARLP |
| Q1 2026 | 12 | $537.5M | NNI, BOC, CNR, ABG, ARLP |
| Q4 2025 | 12 | $606.5M | NNI, BOC, ABG, ARLP, CNR |
| Q3 2025 | 11 | $630.8M | NNI, BOC, ABG, ARLP, CNR |
| Q2 2025 | 10 | $650.5M | NNI, CRMT, BOC, ARLP, ABG |
| Q1 2025 | 9 | $589.9M | NNI, ARLP, BOC, CRMT, ABG |
| Q4 2024 | 10 | $582.9M | NNI, ARLP, CRMT, BOC, ABG |
| Q3 2024 | 9 | $590.9M | NNI, ARLP, BOC, CRMT, RMAX |
| Q2 2024 | 10 | $658.6M | NNI, FYBR, ARLP, BOC, ALLY |
| Q1 2024 | 11 | $663.9M | NNI, FYBR, BOC, ALLY, ARLP |