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Makaira Partners LLC

Thomas Bancroft III

Period

Q4 2025

Portfolio Date

31 Dec 2025

Stocks Held

11

Market Value

$127.9M

Top 5 Holdings

1
CHTR

$CHTR

Charter Communications, Inc.

26.77%

% of Portfolio

2
DPZ

$DPZ

Domino's Pizza, Inc.

12.06%

% of Portfolio

3
LAMR

$LAMR

Lamar Advertising Company

11.88%

% of Portfolio

4
BBWI

$BBWI

Bath & Body Works, Inc.

11.53%

% of Portfolio

5
CDW

$CDW

CDW Corporation

10.65%

% of Portfolio

All Holdings

1
CHTR

$CHTR

26.77%

2
DPZ

$DPZ

12.06%

3
LAMR

$LAMR

11.88%

4
BBWI

$BBWI

11.53%

5
CDW

$CDW

10.65%

6
BELFB

$BELFB

7.29%

7
FLUT

$FLUT

6.96%

8
LMB

$LMB

6.22%

9
WHD

$WHD

5.05%

10
SVV

$SVV

1.16%

11
HEI.A

$HEI.A

0.43%

Recent Sells

1BELFA - Bel Fuse Inc.4,001 shares
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