We are live on
!
Find out more
MP
Makaira Partners Portfolio holdings
AUM
$128M
1-Year Est. Return
14.03%
This Fund
S&P 500
This Quarter
Est. Return
-15.27%
1 Year Est. Return
-14.03%
3 Year Est. Return
+22.03%
5 Year Est. Return
+33.77%
10 Year Est. Return
+242.73%
AUM
$770M
AUM Growth
-$192M
(-20%)
Cap. Flow
-$36.9M
Cap. Flow
% of AUM
-4.79%
Top 10 Holdings %
Top 10 Hldgs %
100%
Holding
11
New
1
Increased
3
Reduced
5
Closed
1
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Liberty Broadband Class C
LBRDK
|
+$53.9M |
| 2 |
CarMax
KMX
|
+$48.5M |
| 3 |
QVCGA
QVC Group Inc Series A
QVCGA
|
+$8.83M |
| 4 |
Corporacion America
CAAP
|
+$1.09M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Iron Mountain
IRM
|
+$63.2M |
| 2 |
GLIBA
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
|
+$35.5M |
| 3 |
VISN
Vistance Networks Inc
VISN
|
+$33.3M |
| 4 |
Zebra Technologies
ZBRA
|
+$8.15M |
| 5 |
CDW
CDW
|
+$7.93M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 36.59% |
| 2 | Technology | 28.9% |
| 3 | Communication Services | 22.14% |
| 4 | Industrials | 12.37% |
| 5 | Real Estate | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
QVCGA
1
DELISTED
QVC Group Inc Series A
QVCGA
| $140M | 18.17% |
147,549
+8,404
| +6% | +$8.83M |
|
|
2
Zebra Technologies
ZBRA
$12.4B
| $112M | 14.57% |
704,060
-48,950
| -7% | -$8.15M |
|
|
3
CDW
CDW
$17.1B
| $106M | 13.8% |
1,310,320
-92,100
| -7% | -$7.93M |
|
4
Bath & Body Works
BBWI
$4.01B
| $95.7M | 12.43% |
4,611,007
-45,521
| -1% | -$1.15M |
|
|
5
Liberty Broadband Class C
LBRDK
$4.15B
| $92M | 11.95% |
1,276,901
+672,931
| +111% | +$53.9M |
|
|
WAIR
6
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $85.5M | 11.11% |
10,817,428
| – | – |
|
|
GLIBA
7
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
| $78.4M | 10.19% |
1,904,382
-765,300
| -29% | -$35.5M |
|
|
8
CarMax
KMX
$8.27B
| $46.1M | 5.99% |
+735,000
| New | +$48.5M |
|
|
9
Corporacion America
CAAP
$4.11B
| $9.72M | 1.26% |
1,466,379
+140,000
| +11% | +$1.09M |
|
|
VISN
10
Vistance Networks Inc
VISN
$2.66B
| $4.08M | 0.53% |
248,659
-1,572,650
| -86% | -$33.3M |
|
|
11
Iron Mountain
IRM
$38.2B
| – | – |
-1,829,944
| Closed | -$63.2M |
|
Similar funds
1GI
VA
JSJLKF
1CM
MA
NI
VW
PIA
Makaira Partners's Q4 2018 Portfolio in Review
As of Q4 2018, Makaira Partners held 11 positions worth $770M, down 20% from $961M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Makaira Partners withdrew a net $36.9M in Q4 2018, closing 1 position and reducing 5 holdings. Its most notable exit was Iron Mountain, an estimated $63.2M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 37% of assets, up from 27% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Makaira Partners opened a new position in CarMax worth $46.1M.
- Makaira Partners's largest Q4 2018 buy was CarMax: 735,000 shares worth $46.1M.
- Makaira Partners added most to Liberty Broadband Class C in Q4 2018, an estimated $53.9M increase.
- Makaira Partners's biggest Q4 2018 reduction was GCI Liberty, Inc. Class A Common Stock (DE), cutting an estimated $35.5M.
- Makaira Partners fully exited Iron Mountain in Q4 2018, selling an estimated $63.2M.
- Makaira Partners's ten largest holdings make up 100% of its $770M portfolio in Q4 2018.
- Makaira Partners opened 1 new position and closed 1 in Q4 2018.
- Makaira Partners's portfolio value fell 20% quarter-over-quarter to $770M.
Based on Makaira Partners's 13F filing for Q4 2018, filed 14 Feb 2019.