Makaira Partners LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 15, 2024), Makaira Partners LLC reported 11 stock positions worth $771.0 million. Its top holding was Progressive (PGR) at 19.6% of the portfolio, followed by Charter Communications Class A (CHTR, 14.5%) and Lamar Advertising Class A (LAMR, 14.0%). Compared with Q1 2024, it opened 1 new position, added to 1 and reduced 9. The biggest buy was a new position in Savers Value Village (SVV) and the biggest sale Carmax (KMX, shares −40%).
- Most Recent 13F
- Q1 2026
- Location
- LA JOLLA, CA
- CIK
- 0001540866
- Portfolio Value
- $771.0M (Q2 2024)
- SEC Filing
- 0001540866-24-000004 ↗ filed Aug 15, 2024
Holdings Value
Holdings 11 stocks · $771.0M
| PGR Progressive Corp. | 19.60% | 727,431 | $151.1M | Reduce -2.1% |
| CHTR Charter Communications Inc. Class A | 14.45% | 372,769 | $111.4M | Reduce -2.1% |
| LAMR Lamar Advertising Co. Class A | 13.97% | 901,371 | $107.7M | Reduce -2.1% |
| BBWI Bath & Body Works Inc. | 12.26% | 2,421,353 | $94.6M | Reduce -2.1% |
| CDW CDW Corp. | 11.74% | 404,398 | $90.5M | Reduce -8.8% |
| DPZ Domino's Pizza Inc. | 11.21% | 167,329 | $86.4M | Reduce -2.1% |
| KMX Carmax Inc. | 6.71% | 705,214 | $51.7M | Reduce -39.9% |
| SVV Savers Value Village Inc. | 3.56% | 2,240,000 | $27.4M | New |
| WHD Cactus Inc. Class A | 3.42% | 499,581 | $26.3M | Add +399.6% |
| LBRDK Liberty Broadband-C | 2.97% | 417,935 | $22.9M | Reduce -1.4% |
| HEI.A Heico Corp. Class A | 0.11% | 4,642 | $824K | Reduce -0.7% |
Portfolio Sells Q1 2024 → Q2 2024
| KMX Carmax Inc. | Reduce -39.9% | 6.71% | −5.62 |
| BBWI Bath & Body Works Inc. | Reduce -2.1% | 12.26% | −2.67 |
| CDW CDW Corp. | Reduce -8.8% | 11.74% | −1.95 |
| HEI.A Heico Corp. Class A | Reduce -0.7% | 0.11% | +0.02 |
| LBRDK Liberty Broadband-C | Reduce -1.4% | 2.97% | +0.04 |
| LAMR Lamar Advertising Co. Class A | Reduce -2.1% | 13.97% | +0.70 |
| DPZ Domino's Pizza Inc. | Reduce -2.1% | 11.21% | +0.95 |
| PGR Progressive Corp. | Reduce -2.1% | 19.60% | +1.05 |
| CHTR Charter Communications Inc. Class A | Reduce -2.1% | 14.45% | +1.10 |
Portfolio Buys Q1 2024 → Q2 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q1 2026 | 0 | $0 | |
| Q4 2025 | 11 | $127.9M | CHTR, DPZ, LAMR, BBWI, CDW |
| Q3 2025 | 12 | $194.7M | CHTR, BBWI, LAMR, FLUT, DPZ |
| Q2 2025 | 13 | $328.7M | CHTR, BBWI, FLUT, DPZ, CDW |
| Q1 2025 | 13 | $298.2M | CHTR, BBWI, DPZ, LAMR, CDW |
| Q4 2024Amended | 12 | $641.1M | CHTR, BBWI, PGR, CDW, LAMR |
| Q3 2024 | 12 | $777.7M | PGR, CHTR, LAMR, CDW, BBWI |
| Q2 2024 | 11 | $771.0M | PGR, CHTR, LAMR, BBWI, CDW |
| Q1 2024 | 10 | $828.7M | PGR, BBWI, CDW, CHTR, LAMR |