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LB Partners LLC 13F holdings, Q3 2025

Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →

LB Partners LLC disclosed 29 US equity positions worth $155.8m in its Q3 2025 13F filing. The largest position was GOGO at 17.8% of the reported book, followed by WOW and RELY. Against the Q2 2025 filing, it opened 6 new positions, added to 3 and reduced 3 among the top 29 holdings.

← Q2 2025 · Q4 2025 →

What did LB Partners LLC own in Q3 2025? Top 29 positions

#StockSectorWeightValueSharesΔ sharesvs Q2 2025
1 GOGO GOGO INC Communication Services 17.8%$27.7m3,228,979 30% added
2 WOW WIDEOPENWEST INC 12.8%$20.0m3,877,126 -42% reduced
3 RELY REMITLY GLOBAL INC Technology 10.6%$16.6m1,015,584 60% added
4 TIGO MILLICOM INTL CELLULAR S A Communication Services 9.7%$15.1m312,000 -22% reduced
5 COF CAPITAL ONE FINL CORP Financial Services 8.7%$13.6m64,056 0% held
6 OPEN LENDING CORP 6.8%$10.7m5,050,841 0% held
7 AXP AMERICAN EXPRESS CO Financial Services 6.8%$10.6m32,000 0% held
8 OPFI OPPFI INC Financial Services 3.6%$5.7m500,000 -4% reduced
9 GOOGL ALPHABET INC Communication Services 3.0%$4.6m19,000 0% held
10 LQDA LIQUIDIA CORPORATION Healthcare 2.9%$4.5m200,000 0% held
11 NIQ NIQ GLOBAL INTELLIGENCE PLC 2.0%$3.1m194,700 – new
12 THRY THRYV HLDGS INC 1.9%$3.0m249,705 0% held
13 DBRG DIGITALBRIDGE GROUP INC Financial Services 1.6%$2.5m210,000 0% held
14 SPT SPROUT SOCIAL INC Technology 1.6%$2.5m190,000 – new
15 8L8C LIBERTY BROADBAND CORP 1.6%$2.4m38,075 0% held
16 KKR KKR & CO INC Financial Services 1.4%$2.2m17,100 0% held
17 IMXI INTERNATIONAL MNY EXPRESS IN Technology 1.3%$2.0m143,000 10% added
18 GOOG ALPHABET INC Communication Services 1.3%$1.9m8,000 0% held
19 FRPH FRP HLDGS INC Real Estate 1.2%$1.9m79,582 0% held
20 AMZN AMAZON COM INC Consumer Cyclical 1.1%$1.8m8,000 0% held
21 GTLB GITLAB INC Technology 0.6%$943.6k20,932 – new
22 AMRZ AMRIZE LTD Basic Materials 0.3%$485.3k10,000 – new
23 TFPM TRIPLE FLAG PRECIOUS METAL 0.3%$436.4k14,913 0% held
24 SGOL ETFS GOLD TR 0.3%$404.9k11,000 0% held
25 SPGI S&P GLOBAL INC Financial Services 0.2%$365.0k750 0% held
26 GLIBK GCI LIBERTY INC Communication Services 0.2%$283.8k7,615 – new
27 MTA METALLA ROYALTY & STREAMING 0.1%$228.6k36,000 0% held
28 BSM BLACK STONE MINERALS L P 0.1%$131.4k10,000 0% held
29 WU WESTERN UN CO Financial Services 0.1%$79.9k10,000 – new

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.