Tom Bancroft — Makaira PartnersSuperinvestor
About Tom Bancroft — Makaira Partners’s 13F portfolio
Tom Bancroft — Makaira Partners is an institutional investment manager that discloses its US-listed holdings each quarter through an SEC Form 13F filing. As of , Tom Bancroft — Makaira Partners reported $127.9M across 11 US-listed positions (). Its largest position is CHARTER COMMUNICATIONS INC N (CHTR) at 27% of the reported book, and its ten biggest holdings make up 100% of the portfolio. Browse every manager in the fund managers directory, or see the legendary investors we track on the superinvestors page.
| # | Stock | Price | % of portfolio | Shares | Value |
|---|---|---|---|---|---|
| 1 |  CHTR CHARTER COMMUNICATIONS INC N | $131.61 +6.73% | 27% | 164K | $34.2M |
| 2 |  DPZ DOMINOS PIZZA INC | $343.53 +3.17% | 12% | 37K | $15.4M |
| 3 |  LAMR LAMAR ADVERTISING CO NEW | $160.99 +0.96% | 12% | 120K | $15.2M |
| 4 |  BBWI BATH & BODY WORKS INC | $20.49 +2.96% | 12% | 734K | $14.7M |
| 5 |  CDW CDW CORP | $138.04 +3.15% | 11% | 100K | $13.6M |
| 6 |  BELFB BEL FUSE INC | $270.26 −0.93% | 7.3% | 55K | $9.3M |
| 7 |  FLUT FLUTTER ENTMT PLC | $105.84 +4.53% | 7.0% | 41K | $8.9M |
| 8 |  LMB LIMBACH HLDGS INC | $74.34 +2.20% | 6.2% | 102K | $8.0M |
| 9 |  WHD CACTUS INC | $53.89 −2.23% | 5.0% | 141K | $6.5M |
| 10 |  SVV SAVERS VALUE VLG INC | $9.64 +5.82% | 1.2% | 159K | $1.5M |
| 11 |  HEI-A HEICO CORP NEW | $259.42 +2.38% | 0.4% | 2K | $548K |
Showing the 11 largest positions reported in this 13F.
- Consumer Cyclical32%
- Communication Services27%
- Technology18%
- Real Estate12%
- Industrials6.7%
- Energy5.0%
- SoldBELFBBEL FUSE INC−100%—
- SoldCHTRCHARTER COMMUNICATIONS INC N−100%—
- SoldDPZDOMINOS PIZZA INC−100%—
- SoldLAMRLAMAR ADVERTISING CO NEW−100%—
- SoldBBWIBATH & BODY WORKS INC−100%—
- SoldCDWCDW CORP−100%—
- SoldFLUTFLUTTER ENTMT PLC−100%—
- SoldLMBLIMBACH HLDGS INC−100%—
- SoldWHDCACTUS INC−100%—
- SoldSVVSAVERS VALUE VLG INC−100%—
Reading Tom Bancroft — Makaira Partners’s 13F portfolio
Tom Bancroft — Makaira Partners’s $127.9M 13F book is spread across 11 reported positions and is highly concentrated — its ten largest positions alone are 100% of the portfolio. A book this concentrated means a small group of names drives most of its performance. Its five largest positions are CHTR, DPZ, LAMR, BBWI and CDW, led by CHARTER COMMUNICATIONS INC N (CHTR) at 27% of the portfolio. The heaviest sector exposure is Consumer Cyclical (32%), then Communication Services (27%).
What Tom Bancroft — Makaira Partners changed last quarter
Between 2025-12-31 and Q4 2025, Tom Bancroft — Makaira Partners was a net seller: it opened 0 new positions and added to 0 more, while trimming 0 and closing 11 outright. Against a 11-name book, that is high turnover, pointing to an active reshuffle of the book.
What a 13F does and doesn’t reveal
A 13F captures only Tom Bancroft — Makaira Partners’s long positions in US-listed stocks at a single quarter-end, so it is best read as a lagged snapshot rather than a live portfolio. It won’t show shorts, cash, bonds, or holdings listed outside the US, and it never reveals the price paid or the reasoning behind a trade. The signal is in the pattern over time: which names Tom Bancroft — Makaira Partners is building up, trimming, or exiting, and how concentrated the book stays from quarter to quarter.
Frequently asked questions
What is an SEC 13F filing?
A Form 13F is a report that every institutional investment manager with at least $100 million in US-listed securities must file with the SEC within 45 days of each quarter's end. It lists the manager's long positions in US-listed stocks and certain options, with the share count and market value of each. Tom Bancroft — Makaira Partners's profile on this page is built directly from those filings.
How current is the 13F data on Tom Bancroft — Makaira Partners's page?
It reflects Tom Bancroft — Makaira Partners's most recently filed 13F, currently the quarter ending Q4 2025. Because managers have up to 45 days after a quarter closes to file, a 13F is always a slightly lagged view rather than a live portfolio. When Tom Bancroft — Makaira Partners files its next quarterly report, this page refreshes automatically.
Can I see Tom Bancroft — Makaira Partners's complete list of holdings?
This page highlights Tom Bancroft — Makaira Partners's largest positions rather than all 11 names in the filing. The complete, position-by-position 13F is public and available from the SEC's EDGAR database under Tom Bancroft — Makaira Partners's filings.
Does a 13F show everything Tom Bancroft — Makaira Partners owns?
No. A 13F only covers long positions in US-listed stocks and certain options. It leaves out short positions, cash, bonds, commodities, foreign-listed stocks, and private holdings, so it is a partial view of Tom Bancroft — Makaira Partners's book rather than its full strategy or total assets.
Is 13F data investment advice?
No. Everything here is educational. 13F positions are disclosed with a delay, cover only long US-listed holdings, and never explain why Tom Bancroft — Makaira Partners made a trade or at what price. Treat it as a research lens, not a recommendation, and speak with a licensed financial advisor before making investment decisions.
Not investment advice. Holdings data comes from public SEC Form 13F filings, which are filed with a delay of up to 45 days and may be amended later. It describes historical, disclosed positions in US-listed securities only, meaning no shorts, cash, or foreign holdings, and it is not a recommendation. Always do your own research and speak with a licensed financial advisor before making investment decisions.