Magnolia Group, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 10, 2025), Magnolia Group, LLC reported 10 stock positions worth $582.9 million. Its top holding was Nelnet Class A (NNI) at 34.8% of the portfolio, followed by Alliance Resource Partners (ARLP, 15.5%) and America's Car-Mart (CRMT, 13.9%). Compared with Q3 2024, it opened 2 new positions, sold out of 1 and added to 3. The biggest buy was a new position in CNH Industrial (CNH) and the biggest sale an exit from Frontier Communications Pare (FYBR).

Most Recent 13F
Q2 2026
Location
OMAHA, NE
CIK
0001618376
Portfolio Value
$582.9M (Q4 2024)
SEC Filing
0001398344-25-002266 ↗ filed Feb 10, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $663.9M Q1 2024 Q2 2024: $658.6M Q2 2024 Q3 2024: $590.9M Q3 2024 Q4 2024: $582.9M $582.9M Q4 2024 Q1 2025: $589.9M Q1 2025 Q2 2025: $650.5M Q2 2025 Q3 2025: $630.8M Q3 2025 Q4 2025: $606.5M Q4 2025 Q1 2026: $537.5M Q1 2026 Q2 2026: $476.3M Q2 2026

Holdings 10 stocks · $582.9M
NNI Nelnet Inc. Class A 34.81% 1,900,000 $202.9M No change
ARLP Alliance Resource Partners 15.49% 3,434,871 $90.3M No change
CRMT America's Car-Mart Inc. 13.91% 1,582,363 $81.1M No change
BOC Boston Omaha Corp. Class A 13.60% 5,589,253 $79.3M No change
ABG Asbury Automotive Group 6.22% 149,123 $36.2M Add +2.0%
RMAX Re/Max Holdings Inc. Class A 5.90% 3,221,131 $34.4M Add +2.2%
PCYO Pure Cycle Corp. 4.53% 2,083,408 $26.4M No change
OMCC Old Market Capital Corp. filed as OLD MKT CAP CORP 2.77% 2,515,902 $16.2M Add +3.7%
CNH CNH Industrial NV 2.14% 1,098,676 $12.4M New
BTI British American Tob-SP ADR 0.64% 102,000 $3.7M New

Portfolio Sells Q3 2024 → Q4 2024
FYBR Frontier Communications Pare Sold out 0.00% −4.81

Portfolio Buys Q3 2024 → Q4 2024
CNH CNH Industrial NV New 2.14% +2.14
BTI British American Tob-SP ADR New 0.64% +0.64
ABG Asbury Automotive Group Add +2.0% 6.22% +0.32
OMCC Old Market Capital Corp. Add +3.7% 2.77% +0.16
RMAX Re/Max Holdings Inc. Class A Add +2.2% 5.90% −0.74

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 16$476.3MNNI, BOC, ABG, CNR, ARLP
Q1 2026 12$537.5MNNI, BOC, CNR, ABG, ARLP
Q4 2025 12$606.5MNNI, BOC, ABG, ARLP, CNR
Q3 2025 11$630.8MNNI, BOC, ABG, ARLP, CNR
Q2 2025 10$650.5MNNI, CRMT, BOC, ARLP, ABG
Q1 2025 9$589.9MNNI, ARLP, BOC, CRMT, ABG
Q4 2024 10$582.9MNNI, ARLP, CRMT, BOC, ABG
Q3 2024 9$590.9MNNI, ARLP, BOC, CRMT, RMAX
Q2 2024 10$658.6MNNI, FYBR, ARLP, BOC, ALLY
Q1 2024 11$663.9MNNI, FYBR, BOC, ALLY, ARLP