Magnolia Group, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 1, 2025), Magnolia Group, LLC reported 9 stock positions worth $589.9 million. Its top holding was Nelnet Class A (NNI) at 35.7% of the portfolio, followed by Alliance Resource Partners (ARLP, 15.1%) and Boston Omaha Class A (BOC, 13.8%). Compared with Q4 2024, it opened 1 new position, sold out of 2, added to 2 and reduced 1. The biggest buy was a new position in Core Natural Resources (CNR) and the biggest sale an exit from CNH Industrial (CNH).
- Most Recent 13F
- Q2 2026
- Location
- OMAHA, NE
- CIK
- 0001618376
- Portfolio Value
- $589.9M (Q1 2025)
- SEC Filing
- 0001398344-25-008410 ↗ filed May 1, 2025
Holdings Value
Holdings 9 stocks · $589.9M
| NNI Nelnet Inc. Class A | 35.73% | 1,900,000 | $210.8M | No change |
| ARLP Alliance Resource Partners | 15.11% | 3,268,350 | $89.2M | Reduce -4.8% |
| BOC Boston Omaha Corp. Class A | 13.81% | 5,589,253 | $81.5M | No change |
| CRMT America's Car-Mart Inc. | 12.18% | 1,582,363 | $71.8M | No change |
| ABG Asbury Automotive Group | 8.41% | 224,623 | $49.6M | Add +50.6% |
| RMAX Re/Max Holdings Inc. Class A | 4.61% | 3,247,929 | $27.2M | Add +0.8% |
| CNR Core Natural Resources Inc. | 3.88% | 297,000 | $22.9M | New |
| PCYO Pure Cycle Corp. | 3.70% | 2,083,408 | $21.8M | No change |
| OMCC Old Market Capital Corp. filed as OLD MKT CAP CORP | 2.57% | 2,515,902 | $15.1M | No change |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
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 |