Bandera Partners LLC
Bandera Partners LLC reported 19 US-listed holdings worth $283.9 million in its 13F for the quarter ended 30 June 2026, filed 12 August 2026. Its largest: Star Group L P (12.4%), Joint Corp. (12.2%) and Space Exploration Techn Corp. Class A Com STK (12.0%). Against the quarter before, it opened 2 positions, added to 0, trimmed 0 and sold out of 0.
The 14 largest of its 19 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned +10.1% over the 7 quarters to 30 June 2026, against +30.2% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 2
- Space Exploration Techn Corp. Class A Com STK SPCX$34.0 million
- Snap Inc. SNAP$3.9 million
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Star Group L P SGU | 2.7M | $35.3 million | 12.42% | no change |
| Joint Corp. JYNT | 3.9M | $34.6 million | 12.18% | no change |
| Space Exploration Techn Corp. Class A Com STK SPCX | 198.9K | $34.0 million | 11.97% | new |
| Alphabet Inc. GOOGL | 89.3K | $31.9 million | 11.24% | no change |
| Amkor Technology, Inc. AMKR | 693.5K | $31.2 million | 11.00% | no change |
| Skywest Inc. SKYW | 179.1K | $17.8 million | 6.27% | no change |
| Molina Healthcare, Inc. MOH | 61.0K | $14.0 million | 4.91% | no change |
| Par Technology Corp. PAR | 700.0K | $12.2 million | 4.29% | no change |
| Ameresco, Inc. AMRC | 476.3K | $12.1 million | 4.28% | no change |
| Red Robin Gourmet Burgers in RRGB | 1.4M | $10.8 million | 3.80% | no change |
| Powerfleet Inc. AIOT | 2.4M | $9.1 million | 3.21% | no change |
| Burford Cap Ltd BUR | 1.8M | $7.2 million | 2.54% | no change |
| Tandy Leather Factory Inc. TLF | 2.9M | $6.7 million | 2.35% | no change |
| Nelnet, Inc. NNI | 47.2K | $6.1 million | 2.14% | no change |
| Brinker International, Inc. EAT | 33.0K | $5.5 million | 1.95% | no change |
| Intuit Inc. INTU | 18.0K | $4.7 million | 1.65% | no change |
| Snap Inc. SNAP | 880.0K | $3.9 million | 1.38% | new |
| Biote Corp. BTMD | 2.1M | $3.9 million | 1.37% | no change |
| Hirequest Inc. HQI | 236.8K | $3.0 million | 1.05% | no change |