LB Partners LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
LB Partners LLC disclosed 25 US equity positions worth $108.4m in its Q4 2025 13F filing. The largest position was RELY at 15.9% of the reported book, followed by COF and TIGO. Against the Q3 2025 filing, it opened 0 new positions, added to 6 and reduced 3 among the top 25 holdings.
What did LB Partners LLC own in Q4 2025? Top 25 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | RELY REMITLY GLOBAL INC | Technology | 15.9% | $17.2m | 1,248,888 | 23% | added |
| 2 | COF CAPITAL ONE FINL CORP | Financial Services | 14.3% | $15.5m | 64,056 | 0% | held |
| 3 | TIGO MILLICOM INTL CELLULAR S A | Communication Services | 11.9% | $12.9m | 232,000 | -26% | reduced |
| 4 | AXP AMERICAN EXPRESS CO | Financial Services | 10.9% | $11.8m | 32,000 | 0% | held |
| 5 | OPEN LENDING CORP | 7.5% | $8.1m | 5,250,841 | 4% | added | |
| 6 | SPT SPROUT SOCIAL INC | Technology | 6.4% | $7.0m | 617,477 | 225% | added |
| 7 | GOOGL ALPHABET INC | Communication Services | 5.5% | $5.9m | 19,000 | 0% | held |
| 8 | OPFI OPPFI INC | Financial Services | 4.8% | $5.2m | 500,000 | 0% | held |
| 9 | NIQ NIQ GLOBAL INTELLIGENCE PLC | 3.7% | $4.0m | 244,700 | 26% | added | |
| 10 | GTLB GITLAB INC | Technology | 3.5% | $3.8m | 101,077 | 383% | added |
| 11 | GOOG ALPHABET INC | Communication Services | 2.3% | $2.5m | 8,000 | 0% | held |
| 12 | IMXI INTERNATIONAL MNY EXPRESS IN | Technology | 2.0% | $2.2m | 143,000 | 0% | held |
| 13 | KKR KKR & CO INC | Financial Services | 2.0% | $2.2m | 17,100 | 0% | held |
| 14 | 8L8C LIBERTY BROADBAND CORP | 1.7% | $1.9m | 38,075 | 0% | held | |
| 15 | AMZN AMAZON COM INC | Consumer Cyclical | 1.7% | $1.8m | 8,000 | 0% | held |
| 16 | FRPH FRP HLDGS INC | Real Estate | 1.6% | $1.7m | 76,682 | -4% | reduced |
| 17 | THRY THRYV HLDGS INC | 1.4% | $1.5m | 249,705 | 0% | held | |
| 18 | GOGO GOGO INC | Communication Services | 0.6% | $699.0k | 150,000 | -95% | reduced |
| 19 | TFPM TRIPLE FLAG PRECIOUS METAL | 0.5% | $495.4k | 14,913 | 0% | held | |
| 20 | SGOL ETFS GOLD TR | 0.4% | $451.9k | 11,000 | 0% | held | |
| 21 | GLIBK GCI LIBERTY INC | Communication Services | 0.4% | $402.4k | 10,815 | 42% | added |
| 22 | SPGI S&P GLOBAL INC | Financial Services | 0.4% | $391.9k | 750 | 0% | held |
| 23 | MTA METALLA ROYALTY & STREAMING | 0.3% | $280.1k | 36,000 | 0% | held | |
| 24 | BSM BLACK STONE MINERALS L P | 0.1% | $132.9k | 10,000 | 0% | held | |
| 25 | WU WESTERN UN CO | Financial Services | 0.1% | $93.1k | 10,000 | 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.