Makaira Partners LLC
Hedge Fund • Value
Makaira Partners LLC is a Value-focused Hedge Fund based in La Jolla, CA led by Thomas Moore Bancroft, reporting $423.4M in AUM as of Q3 2025 with 42% Consumer Cyclical concentration, 99% concentrated in top 10 holdings, and 23% allocation to CHTR.
CIOThomas Moore Bancroft
- Portfolio Value
- $194.7M
- Positions
- 12
- Top Holding
- CHTR at 23.17%
- Last Reported
- Q3 2025
Top Holdings
Largest long holdings in Makaira Partners LLC's portfolio (99.5% of total portfolio)
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| Holding | Sector | Position | Weight | Traded | Ownership |
|---|---|---|---|---|---|
Telecommunications Services Communication Services | $45.1M | 23.17% | -$9.9M Sold | 0.12% 164.0K shares | |
Specialty Retail Consumer Cyclical | $35.3M | 18.12% | -$12.1M Sold | 0.66% 1.4M shares | |
REIT - Specialty Real Estate | $20.8M | 10.69% | -$6.6M Sold | 0.17% 170.0K shares | |
Gambling, Resorts & Casinos Consumer Cyclical | $20.7M | 10.62% | -$6.4M Sold | 0.05% 81.4K shares | |
Restaurants Consumer Cyclical | $16.0M | 8.20% | -$12.1M Sold | 0.11% 37.0K shares | |
Information Technology Services Technology | $15.9M | 8.18% | -$8.8M Sold | 0.08% 100.0K shares | |
Hardware, Equipment & Parts Technology | $14.1M | 7.24% | -$20.6M Sold | 0.79% 100.0K shares | |
Oil & Gas Equipment & Services Energy | $10.4M | 5.34% | -$3.7M Sold | 0.38% 263.4K shares | |
Specialty Retail Consumer Cyclical | $10.3M | 5.31% | -$4.0M Sold | 0.50% 780.0K shares | |
Engineering & Construction Industrials | $5.1M | 2.61% | — | 0.45% 52.2K shares |
Changes
Portfolio activity, position movements, and quarter-over-quarter changes in Makaira Partners LLC's latest filing
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Market Value
Q/Q Change
Net Flows % of MV
Turnover Ratio
New Purchases
Added To
Sold Out Of
Reduced Holdings
Increased Positions
| Position | Shares Δ |
|---|---|
| No increased positions | |
Decreased Positions
| Position | Shares Δ |
|---|---|
Sold | |
-59.35% | |
-43.05% | |
-35.61% | |
-27.67% |
Analytics
Portfolio insights and performance metrics for Makaira Partners LLC
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