We are live on
!
Find out more
LP
LB Partners Portfolio holdings
AUM
$112M
1-Year Est. Return
11%
This Fund
S&P 500
This Quarter
Est. Return
+1.54%
1 Year Est. Return
+11%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$139M
AUM Growth
+$5.56M
(+4.2%)
Cap. Flow
+$5.17M
Cap. Flow
% of AUM
3.72%
Top 10 Holdings %
Top 10 Hldgs %
87.74%
Holding
24
New
3
Increased
5
Reduced
1
Closed
2
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
DFS
Discover Financial Services
DFS
|
+$3.02M |
| 2 |
International Money Express
IMXI
|
+$2.69M |
| 3 |
WOW
WideOpenWest
WOW
|
+$1.33M |
| 4 |
Gogo Inc
GOGO
|
+$1.12M |
| 5 |
DigitalBridge
DBRG
|
+$893K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
OppFi
OPFI
|
+$2.72M |
| 2 |
Okta
OKTA
|
+$1.18M |
| 3 |
Elastic
ESTC
|
+$991K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 61.23% |
| 2 | Financials | 21.63% |
| 3 | Technology | 11.79% |
| 4 | Real Estate | 2.6% |
| 5 | Healthcare | 2.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WOW
1
DELISTED
WideOpenWest
WOW
| $35.9M | 25.87% |
7,358,522
+288,678
| +4% | +$1.33M |
|
|
2
Gogo Inc
GOGO
$515M
| $20.3M | 14.6% |
2,363,979
+142,887
| +6% | +$1.12M |
|
3
Millicom
TIGO
$15.8B
| $15.9M | 11.45% |
520,923
+2,000
| +0.4% | +$55.1K |
|
4
Remitly
RELY
$4.74B
| $11.9M | 8.54% |
573,270
| – | – |
|
|
DFS
5
DELISTED
Discover Financial Services
DFS
| $10.6M | 7.65% |
62,850
+16,500
| +36% | +$3.02M |
|
6
American Express
AXP
$223B
| $8.56M | 6.16% |
32,000
| – | – |
|
7
Liberty Broadband Class C
LBRDK
$4.15B
| $6.62M | 4.76% |
78,075
| – | – |
|
|
8
OppFi
OPFI
$770M
| $5.55M | 3.99% |
606,000
-244,000
| -29% | -$2.72M |
|
9
FRP Holdings
FRPH
$449M
| $3.61M | 2.6% |
125,802
| – | – |
|
10
Alphabet (Google) Class A
GOOGL
$3.91T
| $2.96M | 2.13% |
19,000
| – | – |
|
11
Liquidia Corp
LQDA
$7.67B
| $2.95M | 2.12% |
200,000
| – | – |
|
|
12
DigitalBridge
DBRG
$2.94B
| $2.94M | 2.12% |
335,000
+85,000
| +34% | +$893K |
|
|
13
Alphabet (Google) Class C
GOOG
$3.9T
| $2.71M | 1.95% |
17,200
| – | – |
|
14
Thryv Holdings
THRY
$169M
| $2.54M | 1.83% |
199,705
| – | – |
|
15
KKR & Co
KKR
$89.2B
| $2M | 1.44% |
17,100
| – | – |
|
|
16
International Money Express
IMXI
$392M
| $1.97M | 1.42% |
+156,902
| New | +$2.69M |
|
17
Applovin
APP
$132B
| $666K | 0.48% |
+2,500
| New | +$862K |
|
18
S&P Global
SPGI
$126B
| $382K | 0.28% |
750
| – | – |
|
19
abrdn Physical Gold Shares ETF
SGOL
$6.92B
| $329K | 0.24% |
11,000
| – | – |
|
20
Triple Flag Precious Metals
TFPM
$6B
| $284K | 0.2% |
14,913
| – | – |
|
21
Black Stone Minerals
BSM
$3.11B
| $153K | 0.11% |
10,000
| – | – |
|
|
MTA
22
Metalla Royalty & Streaming
MTA
$704M
| $103K | 0.07% |
+36,000
| New | +$104K |
|
|
23
Elastic
ESTC
$6.1B
| – | – |
-10,000
| Closed | -$991K |
|
|
24
Okta
OKTA
$24.1B
| – | – |
-15,000
| Closed | -$1.18M |
|
Similar funds
FCU
VPW
EGP
OCA
SPWM
FA
WWMP
HCM
LB Partners's Q1 2025 Portfolio in Review
As of Q1 2025, LB Partners held 24 positions worth $139M, up 4.2% from $133M the previous quarter. Its ten largest holdings account for 88% of the portfolio.
LB Partners deployed $5.17M of net new capital in Q1 2025, opening 3 new positions and adding to 5 existing holdings. Its largest new stake was International Money Express: 156,902 shares worth $1.97M.
By sector, the portfolio is most concentrated in Communication Services at 61% of assets, up from 59% a quarter earlier, followed by Financials and Technology.
On the sell side, the largest reduction was OppFi, an estimated $2.72M trimmed.
- LB Partners's largest Q1 2025 buy was International Money Express: 156,902 shares worth $1.97M.
- LB Partners added most to Discover Financial Services in Q1 2025, an estimated $3.02M increase.
- LB Partners's biggest Q1 2025 reduction was OppFi, cutting an estimated $2.72M.
- LB Partners fully exited Okta in Q1 2025, selling an estimated $1.18M.
- LB Partners's ten largest holdings make up 88% of its $139M portfolio in Q1 2025.
- LB Partners opened 3 new positions and closed 2 in Q1 2025.
- LB Partners's portfolio value rose 4.2% quarter-over-quarter to $139M.
Based on LB Partners's 13F filing for Q1 2025, filed 29 Apr 2025.