Makaira Partners LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Makaira Partners LLC reported 12 stock positions worth $777.7 million. Its top holding was Progressive (PGR) at 19.7% of the portfolio, followed by Charter Communications Class A (CHTR, 14.9%) and Lamar Advertising Class A (LAMR, 12.4%). Compared with Q2 2024, it opened 1 new position, added to 1 and reduced 10. The biggest buy was a new position in Flutter Entertainment PLC-Di (FLUT) and the biggest sale Bath & Body Works (BBWI, shares −5%).
- Most Recent 13F
- Q1 2026
- Location
- LA JOLLA, CA
- CIK
- 0001540866
- Portfolio Value
- $777.7M (Q3 2024)
- SEC Filing
- 0001540866-24-000006 ↗ filed Nov 14, 2024
Holdings Value
Holdings 12 stocks · $777.7M
| PGR Progressive Corp. | 19.70% | 603,603 | $153.2M | Reduce -17.0% |
| CHTR Charter Communications Inc. Class A | 14.95% | 358,681 | $116.2M | Reduce -3.8% |
| LAMR Lamar Advertising Co. Class A | 12.35% | 718,898 | $96.0M | Reduce -20.2% |
| CDW CDW Corp. | 11.19% | 384,560 | $87.0M | Reduce -4.9% |
| BBWI Bath & Body Works Inc. | 9.45% | 2,302,706 | $73.5M | Reduce -4.9% |
| DPZ Domino's Pizza Inc. | 8.80% | 159,129 | $68.4M | Reduce -4.9% |
| KMX Carmax Inc. | 6.71% | 674,134 | $52.2M | Reduce -4.4% |
| FLUT Flutter Entertainment PLC-Di | 6.08% | 199,320 | $47.3M | New |
| LBRDK Liberty Broadband-C | 3.87% | 389,316 | $30.1M | Reduce -6.8% |
| WHD Cactus Inc. Class A | 3.69% | 480,974 | $28.7M | Reduce -3.7% |
| SVV Savers Value Village Inc. | 3.10% | 2,289,930 | $24.1M | Add +2.2% |
| HEI.A Heico Corp. Class A | 0.12% | 4,477 | $912K | Reduce -3.5% |
Portfolio Sells Q2 2024 → Q3 2024
| BBWI Bath & Body Works Inc. | Reduce -4.9% | 9.45% | −2.81 |
| DPZ Domino's Pizza Inc. | Reduce -4.9% | 8.80% | −2.40 |
| LAMR Lamar Advertising Co. Class A | Reduce -20.2% | 12.35% | −1.62 |
| CDW CDW Corp. | Reduce -4.9% | 11.19% | −0.55 |
| KMX Carmax Inc. | Reduce -4.4% | 6.71% | −0.00 |
| HEI.A Heico Corp. Class A | Reduce -3.5% | 0.12% | +0.01 |
| PGR Progressive Corp. | Reduce -17.0% | 19.70% | +0.10 |
| WHD Cactus Inc. Class A | Reduce -3.7% | 3.69% | +0.27 |
| CHTR Charter Communications Inc. Class A | Reduce -3.8% | 14.95% | +0.49 |
| LBRDK Liberty Broadband-C | Reduce -6.8% | 3.87% | +0.90 |
Portfolio Buys Q2 2024 → Q3 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 |