Mobile Infrastructure
BEEP on Nasdaq. Market value $119m.
Should I look at this?
We have not checked this company yet
This is not advice.
Who owns it
1 long-term investor we follow owns it, unchanged from 1 last quarter. 58 funds in all.
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| First Manhattan Co.First Manhattan partners | $141,174 | <0.1% | Cut |
Largest holders overall
- No Street GP LP$34m
- Vinva Investment Management$13mNew
- Vanguard Capital Management$712,453Added
- Geode Capital Management$323,480Cut
- BlackRock$186,357Cut
- Millennium Management$155,289New
- First Manhattan Co.$141,174Cut
- Vanguard Fiduciary Trust$118,607Cut
- Cresset Asset Management$117,631
- Bridgeway Capital Management$96,600New
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
1 investor owns more than 5%.
- Jeffrey OsherInsider or founderat least 60.8%(filed with 3 related holders)Since 17 June 2025
What they said
Item 4 of the Original Schedule 13D is here by supplemented as followed: Bombe-MIC Pref Distribution: On June 17, 2025, Bombe-MIC Pref, LLC ("Bombe Pref") distributed 1,498,636 shares of Common Stock of the Issuer held by it in a distribution to its members without consideration…
Read the filing - Manuel Chavez, IIIInsider or founderSold down below 5%Since 31 July 2026
What they said
Item 4 of the Prior Schedule 13D is hereby amended and supplemented as follows: On July 31, 2026, Bombe Asset Management, LLC, a Delaware limited liability company ("Bombe"), delivered to the board of directors of the Issuer (the "Board") a preliminary, non-binding indication of…
Read the filing
| Holder | Stake | Since | |
|---|---|---|---|
Jeffrey Osher Insider or founder | at least 60.8% (filed with 3 related holders) | 17 June 2025 | What they saidItem 4 of the Original Schedule 13D is here by supplemented as followed: Bombe-MIC Pref Distribution: On June 17, 2025, Bombe-MIC Pref, LLC ("Bombe Pref") distributed 1,498,636 shares of Common Stock of the Issuer held by it in a distribution to its members without consideration… Read the filing |
Manuel Chavez, III Insider or founder | Sold down below 5% | 31 July 2026 | What they saidItem 4 of the Prior Schedule 13D is hereby amended and supplemented as follows: On July 31, 2026, Bombe Asset Management, LLC, a Delaware limited liability company ("Bombe"), delivered to the board of directors of the Issuer (the "Board") a preliminary, non-binding indication of… Read the filing |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought or sold on the open market in the last 12 months.
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
None of the serious warning signs we check for were found. 1 thing worth knowing.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 5 Mar 2026, plus the 10-Q filed 11 Aug 2026 and 12 later 8-Ks.
Changed auditor
Worth knowingThe company changed its auditor (the firm that checks its books) in the last two years.
“On June 5, 2025, the audit committee (the “ Audit Committee ”) of the board of directors of Mobile Infrastructure Corporation (the “ Company ”) dismissed Deloitte & Touche LLP (“ Deloitte ”) as the Company’s independent registered public accounting firm.”
From an 8-K filed 11 June 2025: Change of auditor. Read it in the filing
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.