Bandera Partners
Brooklyn, NYfiles as Bandera Partners LLC
$284m in 19 US stocks at the end of 30 June 2026. The top 10 are 82.4% of the money. It changed about 16.8% of the portfolio this quarter.
Value
$284m
Stocks
19
Top 10 share
82.4%
Turnover
16.8%
What changed this quarter
New
Bought for the first time this quarter.
- Space Exploration TechnologiesSPCX12.0% of the fund
- SnapSNAP1.4% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
None this quarter.
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Space Exploration TechnologiesSPCX
- Share
- 12.0%
- Value
- $34m
- Shares
- 198,920
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Star Group, L.P.SGU | 12.4% | $35m | 2,745,360 | Held |
| JointJYNT | 12.2% | $35m | 3,937,296 | Held |
| Space Exploration TechnologiesSPCX | 12.0% | $34m | 198,920 | New |
| AlphabetGOOGL | 11.2% | $32m | 89,322 | Held |
| Amkor TechnologyAMKR | 11.0% | $31m | 693,519 | Held |
| SkywestSKYW | 6.3% | $18m | 179,107 | Held |
| Molina HealthcareMOH | 4.9% | $14m | 61,000 | Held |
| PAR TechnologyPAR | 4.3% | $12m | 700,000 | Held |
| AmerescoAMRC | 4.3% | $12m | 476,309 | Held |
| Red Robin Gourmet BurgersRRGB | 3.8% | $11m | 1,350,000 | Held |
| PowerfleetAIOT | 3.2% | $9m | 2,381,666 | Held |
| Burford CapitalBUR | 2.5% | $7m | 1,756,762 | Held |
| Tandy Leather FactoryTLF | 2.3% | $7m | 2,857,936 | Held |
| NelnetNNI | 2.1% | $6m | 47,159 | Held |
| Brinker InternationalEAT | 2.0% | $6m | 33,000 | Held |
| IntuitINTU | 1.7% | $5m | 18,000 | Held |
| SnapSNAP | 1.4% | $4m | 880,000 | New |
| bioteBTMD | 1.4% | $4m | 2,065,482 | Held |
| HireQuestHQI | 1.0% | $3m | 236,847 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 28.0% since 30 June 2025.
Where the money is
Technology34.6%
Retail & consumer20.5%
Financial services16.9%
Media & telecom11.2%
Industrials10.5%
Health care6.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.