Makaira Partners LLC
•CIK: 1540866•Filing: Q4 2025
**Makaira Partners LLC** is a focused investment manager overseeing $128M in assets, maintaining a concentrated portfolio of 11 positions. The fund exhibits significant conviction in select names, with its top holding in CHTR representing $34.2M, constituting over 26.7% of reported assets. Further substantial allocations include DPZ ($15.4M), LAMR ($15.2M), and BBWI ($14.7M). This structure suggests a high-conviction, bottom-up approach targeting specific market opportunities.
Total AUM
$127.9M
QoQ Performance
-34.3%
Positions
11
Top 10 Concentration
99.6%
Latest Filing
Q4 2025
Top Holdings Allocation
CHTR
DPZ
LAMR
BBWI
CDW
BELFB
FLUT
LMB
CHTR26.8%
DPZ12.1%
LAMR11.9%
BBWI11.5%
CDW10.6%
BELFB7.3%
FLUT7.0%
LMB6.2%
📈 Biggest Buys
LMB
LIMBACH HLDGS INC
+95.7%
6.2% of portfolio
📉 Biggest Sells
Sector Breakdown
Other61.2%
Communication26.8%
Consumer12.1%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
↑1 increased
↓6 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023