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Bandera Partners LLC 13F holdings, Q4 2025

Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →

Bandera Partners LLC disclosed 13 US equity positions worth $222.5m in its Q4 2025 13F filing. The largest position was JYNT at 15.4% of the reported book, followed by SGU and GOOGL. Against the Q3 2025 filing, it opened 0 new positions, added to 0 and reduced 2 among the top 13 holdings.

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What did Bandera Partners LLC own in Q4 2025? Top 13 positions

#StockSectorWeightValueSharesΔ sharesvs Q3 2025
1 JYNT JOINT CORP Healthcare 15.4%$34.3m3,937,296 0% held
2 SGU STAR GROUP L P 14.6%$32.5m2,745,360 0% held
3 GOOGL ALPHABET INC Communication Services 12.6%$28.0m89,322 0% held
4 AMKR AMKOR TECHNOLOGY INC Technology 12.3%$27.4m693,519 -10% reduced
5 BUR BURFORD CAP LTD Financial Services 9.7%$21.5m2,414,460 -1% reduced
6 SKYW SKYWEST INC Industrials 8.1%$18.0m179,107 0% held
7 AMRC AMERESCO INC Industrials 6.9%$15.4m526,769 0% held
8 NNI NELNET INC Financial Services 6.1%$13.6m102,389 0% held
9 AIOT POWERFLEET INC Technology 4.5%$10.0m1,881,666 0% held
10 TLF TANDY LEATHER FACTORY INC 3.5%$7.8m2,857,936 0% held
11 BTMD BIOTE CORP 2.7%$5.9m2,283,791 0% held
12 RRGB RED ROBIN GOURMET BURGERS IN Consumer Cyclical 2.5%$5.5m1,350,000 0% held
13 HQI HIREQUEST INC 1.1%$2.5m236,847 0% held

Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.