MAGNOLIA GROUP, LLC — 13F Holdings & Portfolio
CIK 1618376 · latest 13F-HR filed 2026-04-24
MAGNOLIA GROUP, LLC manages $537.5M in 13F-reported U.S. long-equity assets across 12 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are NNI (40.04%), BOC (12.15%), CNR (11.74%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 1 new position, exited 1, added to 2, and trimmed 8.
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.
$537.5M
Long-equity book
12
Distinct positions
2026-03-31
Filed 2026-04-24
+1 / −1 / ↑2 / ↓8
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- CORE NATURAL RESOURCES INC$3.8M +6.5%
- LENNAR CORP$2.4M +35.4%
Top Trims
- ALLIANCE RESOURCE PARTNERS L-$21.0M -34.9%
- AMERICAS CAR-MART INC-$15.8M -49.6%
- ASBURY AUTOMOTIVE GROUP INC-$8.7M -13.3%
- RE/MAX HLDGS INC-$6.4M -29.4%
- BOSTON OMAHA CORP-$3.9M -5.6%
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 | NELNET INC | NNI | 64031N108 | $215.2M | 40.04% | 1,668,976 | SH |
| 2 | BOSTON OMAHA CORP | BOC | 101044105 | $65.3M | 12.15% | 5,589,253 | SH |
| 3 | CORE NATURAL RESOURCES INC | CNR | 218937100 | $63.1M | 11.74% | 602,500 | SH |
| 4 | ASBURY AUTOMOTIVE GROUP INC | ABG | 043436104 | $56.3M | 10.47% | 288,004 | SH |
| 5 | ALLIANCE RESOURCE PARTNERS L | ARLP | 01877R108 | $39.0M | 7.26% | 1,411,260 | SH |
| 6 | COGENT COMM HOLDINGS INC | CCOI | 19239V302 | $24.3M | 4.52% | 1,290,204 | SH |
| 7 | PURE CYCLE CORP | PCYO | 746228303 | $19.3M | 3.58% | 1,914,559 | SH |
| 8 | AMERICAS CAR-MART INC | CRMT | 03062T105 | $16.0M | 2.99% | 1,260,690 | SH |
| 9 | RE/MAX HLDGS INC | RMAX | 75524W108 | $15.4M | 2.86% | 2,665,643 | SH |
| 10 | OLD MKT CAP CORP | CAPS | 65373A109 | $11.2M | 2.09% | 2,515,902 | SH |
| 11 | LENNAR CORP | LEN.B | 526057302 | $9.1M | 1.70% | 108,750 | SH |
| 12 | NVR INC | NVR | 62944T105 | $3.2M | 0.60% | 490 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-04-24 | $537.5M | 12 | 0001398344-26-007141 |
| 2025-12-31 | 2026-02-03 | $606.5M | 12 | 0001398344-26-002075 |