LB Partners LLC
Net buyer this quarter
$147M
33
+$2.98M
80.1%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 RELY | $28.4M | 19.38% | 0.60% | -17.1% | Q4 2023 |
 NIQ | $18.1M | 12.32% | 0.66% | +383.4% | Q3 2025 |
| LPRO | $15.1M | 10.29% | 4.10% | -10.2% | Q2 2025 |
 COF | $14.1M | 9.58% | 0.01% | Not reported | Q2 2024 |
 AXP | $10.1M | 6.92% | 0.00% | Not reported | Q4 2023 |
 TIGO | $6.99M | 4.77% | 0.05% | -46.2% | Q4 2023 |
 MU | $6.93M | 4.72% | 0.00% | +50.0% | Q1 2026 |
 GOOGL | $6.79M | 4.63% | 0.00% | Not reported | Q4 2023 |
 OPFI | $6.28M | 4.28% | 0.72% | +26.5% | Q4 2023 |
 FOUR | $4.67M | 3.18% | 0.12% | +220.0% | Q1 2026 |
 TOST | $4.31M | 2.94% | 0.07% | New | Q2 2026 |
| LBRDK | $3.66M | 2.50% | Not reported | +509.0% | Q1 2024 |
 SPT | $3.62M | 2.47% | Not reported | -68.3% | Q2 2024 |
| GOOG | $2.83M | 1.93% | Not reported | Not reported | Q4 2023 |
 GOGO | $2.12M | 1.44% | 0.50% | -15.1% | Q4 2023 |
 AMZN | $1.91M | 1.30% | 0.00% | Not reported | Q2 2025 |
 PDD | $1.68M | 1.14% | 0.00% | Not reported | Q1 2026 |
 NVDA | $1.6M | 1.09% | 0.00% | +33.3% | Q1 2026 |
 KKR | $1.57M | 1.07% | 0.00% | Not reported | Q4 2023 |
 TBBB | $1.46M | 0.99% | Not reported | Not reported | Q1 2026 |
 PYPL | $972K | 0.66% | 0.00% | +12.5% | Q1 2026 |
 TFPM | $447K | 0.30% | 0.01% | Not reported | Q4 2023 |
 SGOL | $421K | 0.29% | 0.01% | Not reported | Q4 2023 |
 DVN | $413K | 0.28% | 0.00% | Not reported | Q1 2026 |
 FDS | $388K | 0.26% | 0.00% | New | Q2 2026 |
 IMXI | $332K | 0.23% | 0.08% | Not reported | Q1 2025 |
 SPGI | $305K | 0.21% | 0.00% | Not reported | Q4 2023 |
 MTA | $274K | 0.19% | 0.04% | Not reported | Q4 2023 |
 FRPH | $239K | 0.16% | 0.05% | Not reported | Q4 2023 |
 CVX | $232K | 0.16% | 0.00% | Not reported | Q1 2026 |
 BSM | $140K | 0.10% | Not reported | Not reported | Q4 2023 |
 MFIC | $121K | 0.08% | 0.01% | +20.0% | Q1 2026 |
 FSK | $117K | 0.08% | 0.00% | New | Q2 2026 |
| Q1 2026 | |||||
| RELY | $24M | 21.48% | 0.73% | +22.4% | Q4 2023 |
| COF | $12.8M | 11.46% | 0.01% | +9.4% | Q2 2024 |
| TIGO | $10.7M | 9.61% | 0.08% | -38.4% | Q4 2023 |
| AXP | $9.07M | 8.14% | 0.00% | -6.3% | Q4 2023 |
| SPT | $8.61M | 7.72% | Not reported | +144.7% | Q2 2024 |
| LPRO | $6.75M | 6.05% | 4.57% | +2.9% | Q2 2025 |
| GOOGL | $5.46M | 4.90% | 0.00% | Not reported | Q4 2023 |
| NIQ | $4.54M | 4.07% | 0.14% | +63.3% | Q3 2025 |
| OPFI | $3.86M | 3.46% | 0.57% | Not reported | Q4 2023 |
| GOGO | $3.23M | 2.90% | 0.60% | +436.0% | Q4 2023 |
| GOOG | $2.29M | 2.06% | Not reported | Not reported | Q4 2023 |
| PDD | $2.25M | 2.02% | 0.00% | New | Q1 2026 |
| AMZN | $1.67M | 1.49% | 0.00% | Not reported | Q2 2025 |
| KKR | $1.58M | 1.42% | 0.00% | Not reported | Q4 2023 |
 FISV | $1.51M | 1.35% | 0.01% | New | Q1 2026 |
| MU | $1.35M | 1.21% | 0.00% | New | Q1 2026 |
| FOUR | $1.31M | 1.18% | 0.04% | New | Q1 2026 |
 GTLB | $1.3M | 1.16% | Not reported | -40.6% | Q3 2025 |
| TBBB | $1.24M | 1.11% | Not reported | New | Q1 2026 |
| NVDA | $1.05M | 0.94% | 0.00% | New | Q1 2026 |
| LBRDK | $909K | 0.82% | Not reported | -52.5% | Q1 2024 |
| PYPL | $905K | 0.81% | 0.00% | New | Q1 2026 |
 GPN | $673K | 0.60% | 0.00% | New | Q1 2026 |
 NOW | $627K | 0.56% | 0.00% | New | Q1 2026 |
| TFPM | $518K | 0.46% | 0.01% | Not reported | Q4 2023 |
| DVN | $503K | 0.45% | 0.00% | New | Q1 2026 |
| SGOL | $491K | 0.44% | 0.01% | Not reported | Q4 2023 |
 GLIBK | $402K | 0.36% | Not reported | Not reported | Q3 2025 |
| IMXI | $363K | 0.33% | 0.08% | -83.9% | Q1 2025 |
| SPGI | $319K | 0.29% | 0.00% | Not reported | Q4 2023 |
| CVX | $290K | 0.26% | 0.00% | New | Q1 2026 |
| MTA | $239K | 0.21% | 0.04% | Not reported | Q4 2023 |
 OXY | $221K | 0.20% | 0.00% | New | Q1 2026 |
| FRPH | $210K | 0.19% | 0.05% | -87.5% | Q4 2023 |
| BSM | $151K | 0.14% | Not reported | Not reported | Q4 2023 |
| MFIC | $112K | 0.10% | 0.01% | New | Q1 2026 |
| Q4 2025 | |||||
| RELY | $17.2M | 15.91% | 0.59% | +23.0% | Q4 2023 |
| COF | $15.5M | 14.33% | 0.01% | Not reported | Q2 2024 |
| TIGO | $12.9M | 11.87% | 0.14% | -25.6% | Q4 2023 |
| AXP | $11.8M | 10.93% | 0.00% | Not reported | Q4 2023 |
| LPRO | $8.14M | 7.51% | 4.46% | +4.0% | Q2 2025 |
| SPT | $6.96M | 6.42% | Not reported | +225.0% | Q2 2024 |
| GOOGL | $5.95M | 5.49% | 0.00% | Not reported | Q4 2023 |
| OPFI | $5.23M | 4.83% | 0.57% | Not reported | Q4 2023 |
| NIQ | $4.04M | 3.72% | 0.08% | +25.7% | Q3 2025 |
| GTLB | $3.79M | 3.50% | Not reported | +382.9% | Q3 2025 |
| GOOG | $2.51M | 2.32% | Not reported | Not reported | Q4 2023 |
| IMXI | $2.2M | 2.03% | 0.48% | Not reported | Q1 2025 |
| KKR | $2.18M | 2.01% | 0.00% | Not reported | Q4 2023 |
| LBRDK | $1.85M | 1.71% | Not reported | Not reported | Q1 2024 |
| AMZN | $1.85M | 1.70% | 0.00% | Not reported | Q2 2025 |
| FRPH | $1.75M | 1.61% | 0.40% | -3.6% | Q4 2023 |
 THRY | $1.51M | 1.39% | 0.57% | Not reported | Q4 2023 |
| GOGO | $699K | 0.65% | 0.11% | -95.4% | Q4 2023 |
| TFPM | $495K | 0.46% | 0.01% | Not reported | Q4 2023 |
| SGOL | $452K | 0.42% | 0.01% | Not reported | Q4 2023 |
| GLIBK | $402K | 0.37% | Not reported | +42.0% | Q3 2025 |
| SPGI | $392K | 0.36% | 0.00% | Not reported | Q4 2023 |
| MTA | $280K | 0.26% | 0.04% | Not reported | Q4 2023 |
| BSM | $133K | 0.12% | Not reported | Not reported | Q4 2023 |
 WU | $93.1K | 0.09% | 0.00% | Not reported | Q3 2025 |
| Q3 2025 | |||||
| GOGO | $27.7M | 17.80% | 2.41% | +30.0% | Q4 2023 |
| WOW | $20M | 12.84% | 4.52% | -42.2% | Q4 2023 |
| RELY | $16.6M | 10.63% | 0.49% | +60.4% | Q4 2023 |
| TIGO | $15.1M | 9.72% | 0.18% | -22.4% | Q4 2023 |
| COF | $13.6M | 8.74% | 0.01% | Not reported | Q2 2024 |
| LPRO | $10.7M | 6.84% | 4.27% | Not reported | Q2 2025 |
| AXP | $10.6M | 6.82% | 0.00% | Not reported | Q4 2023 |
| OPFI | $5.67M | 3.64% | 0.57% | -3.9% | Q4 2023 |
| GOOGL | $4.62M | 2.96% | 0.00% | Not reported | Q4 2023 |
 LQDA | $4.55M | 2.92% | 0.23% | Not reported | Q4 2023 |
| NIQ | $3.06M | 1.96% | 0.07% | New | Q3 2025 |
| THRY | $3.01M | 1.93% | 0.57% | Not reported | Q4 2023 |
 DBRG | $2.46M | 1.58% | 0.12% | Not reported | Q4 2024 |
| SPT | $2.45M | 1.58% | Not reported | Not reported | Q2 2024 |
| LBRDK | $2.42M | 1.55% | Not reported | Not reported | Q1 2024 |
| KKR | $2.22M | 1.43% | 0.00% | Not reported | Q4 2023 |
| IMXI | $2M | 1.28% | 0.48% | +10.0% | Q1 2025 |
| GOOG | $1.95M | 1.25% | Not reported | Not reported | Q4 2023 |
| FRPH | $1.94M | 1.24% | 0.42% | Not reported | Q4 2023 |
| AMZN | $1.76M | 1.13% | 0.00% | Not reported | Q2 2025 |
| GTLB | $944K | 0.61% | Not reported | New | Q3 2025 |
 AMRZ | $485K | 0.31% | 0.00% | New | Q3 2025 |
| TFPM | $436K | 0.28% | 0.01% | Not reported | Q4 2023 |
| SGOL | $405K | 0.26% | 0.01% | Not reported | Q4 2023 |
| SPGI | $365K | 0.23% | 0.00% | Not reported | Q4 2023 |
| GLIBK | $284K | 0.18% | Not reported | New | Q3 2025 |
| MTA | $229K | 0.15% | 0.04% | Not reported | Q4 2023 |
| BSM | $131K | 0.08% | Not reported | Not reported | Q4 2023 |
| WU | $79.9K | 0.05% | 0.00% | New | Q3 2025 |