Bandera Partners LLC — 13F Holdings & Portfolio
CIK 1399386 · latest 13F-HR filed 2026-05-13
Bandera Partners LLC manages $221.1M in 13F-reported U.S. long-equity assets across 17 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are JYNT (15.76%), SGU (15.25%), AMKR (14.13%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 4 new positions, exited 0, added to 1, and trimmed 10.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$221.1M
Long-equity book
17
Distinct positions
2026-03-31
Filed 2026-05-13
+4 / −0 / ↑1 / ↓10
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Trims
- BURFORD CAPITAL LIMITED-$13.6M -63.1%
- NELNET INC-$7.5M -55.3%
- AMERESCO INC-$3.3M -21.3%
- BIOTE CORP-$3.1M -53.0%
- POWERFLEET INC-$2.7M -26.7%
New Positions
- PAR TECHNOLOGY CORP$9.3M
- MOLINA HEALTHCARE INC$8.1M
- INTUIT$7.8M
- BRINKER INTL INC$4.7M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | JOINT CORP | JYNT | 47973J102 | $34.8M | 15.76% | 3,937,296 | SH |
| 2 | STAR GROUP L P | SGU | 85512C105 | $33.7M | 15.25% | 2,745,360 | SH |
| 3 | AMKOR TECHNOLOGY INC | AMKR | 031652100 | $31.2M | 14.13% | 693,519 | SH |
| 4 | ALPHABET INC | GOOGL | 02079K305 | $25.7M | 11.62% | 89,322 | SH |
| 5 | SKYWEST INC | SKYW | 830879102 | $16.4M | 7.44% | 179,107 | SH |
| 6 | AMERESCO INC | AMRC | 02361E108 | $12.1M | 5.49% | 476,309 | SH |
| 7 | PAR TECHNOLOGY CORP | PAR | 698884103 | $9.3M | 4.22% | 700,000 | SH |
| 8 | MOLINA HEALTHCARE INC | MOH | 60855R100 | $8.1M | 3.68% | 61,000 | SH |
| 9 | BURFORD CAPITAL LIMITED | BUR | G17977110 | $7.9M | 3.59% | 1,756,762 | SH |
| 10 | INTUIT | INTU | 461202103 | $7.8M | 3.52% | 18,000 | SH |
| 11 | POWERFLEET INC | AIOT | 73931J109 | $7.3M | 3.32% | 2,381,666 | SH |
| 12 | TANDY LEATHER FACTORY INC | TLF | 87538X105 | $6.6M | 2.99% | 2,857,936 | SH |
| 13 | NELNET INC | NNI | 64031N108 | $6.1M | 2.75% | 47,159 | SH |
| 14 | BRINKER INTL INC | EAT | 109641100 | $4.7M | 2.13% | 33,000 | SH |
| 15 | RED ROBIN GOURMET BURGERS IN | RRGB | 75689M101 | $4.0M | 1.79% | 1,350,000 | SH |
| 16 | BIOTE CORP | BTMD | 090683103 | $2.8M | 1.26% | 2,065,482 | SH |
| 17 | HIREQUEST INC | HQI | 433535101 | $2.4M | 1.07% | 236,847 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-13 | $221.1M | 17 | 0000921895-26-001267 |
| 2025-12-31 | 2026-02-13 | $222.5M | 13 | 0000921895-26-000368 |
| 2025-09-30 | 2025-11-12 | $228.1M | 13 | 0000921895-25-002977 |