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LB Partners LLC

Portfolio Profile

CIK: 0002007877 | CHARLOTTESVILLE, VA

Investment Profile

Style

Value

Turnover

Medium

Orientation

Concentrated trader
$146.6M
AUM
34
Positions
80.07%
Top 10 Conc.
98.75%
Top 25 Conc.

Top Holdings

#SecuritySharesValue% of Portfolio
1Remitly Global Inc(RELY)1,268,000$28.4M19.38%
2NIQ Global Intelligence PLC(NIQ)1,932,168$18.1M12.32%
3Open Lending Corp(LPRO)4,850,841$15.1M10.29%
4Capital One Finl Corp(COF)70,056$14.1M9.58%
5American Express Co(AXP)30,000$10.1M6.92%
6

Sector Allocation

Latest filing, equity positions only

Technology34.01% · $49.9M
Financial Services33.44% · $49.0M
Unclassified17.42% · $25.5M
Communication Services10.5% · $15.4M
Consumer Cyclical2.44% · $3.6M
Consumer Defensive0.99% · $1.5M
Energy0.54% · $785.0K

AUM History

$91.2M | 27 pos.
$98.0M | 22 pos.
$120.1M | 25 pos.
$115.1M | 22 pos.
$133.4M | 21 pos.
$139.0M | 22 pos.
Millicom Intl Cellular S A(TIGO)
77,000
$7.0M
4.77%
7Micron Technology Inc(MU)6,000$6.9M4.72%
8Alphabet Inc(GOOGL)19,000$6.8M4.63%
9Oppfi Inc(OPFI)632,500$6.3M4.28%
10Shift4 Pmts Inc(FOUR)96,000$4.7M3.18%
Basic Materials0.49% · $720.9K
Real Estate0.16% · $239.5K

Sector Rotation

Quarter-over-quarter weight changes

SectorPrev %Curr %Change
Unclassified15.54%17.42%+1.88%
Financial Services31.72%33.44%+1.72%
Consumer Cyclical3.51%2.44%-1.07%
Industrials0.6%0%-0.6%
Technology34.58%34.01%-0.57%
Communication Services11.03%10.5%-0.53%
Energy1.04%0.54%-0.5%
Basic Materials0.68%0.49%-0.19%
Consumer Defensive1.11%0.99%-0.12%
Real Estate0.19%0.16%-0.03%

Cap Size Rotation

Quarter-over-quarter weight changes by market cap

Cap SizePrev %Curr %Change
Mid Cap26.35%26.8%+0.45%
Mega Cap18.99%20.75%+1.76%
Unclassified15.54%17.42%+1.88%
Large Cap17.8%15.89%-1.91%
Micro Cap6.05%10.29%+4.24%
Small Cap15.26%8.86%-6.4%
$156.6M | 23 pos.
$155.8M | 29 pos.
$108.4M | 25 pos.
$111.5M | 37 pos.
$146.6M | 34 pos.
Q4
23
Q1
24
Q2
24
Q3
24
Q4
24
Q1
25
Q2
25
Q3
25
Q4
25
Q1
26
Q2
26

Recent Activity

Quarter-over-quarter position changes

3
New
6
Closed
8
Increased
5
Decreased
18
Unchanged