13F filing recap · Q2 2013

What did Makaira Partners buy in Q2 2013?

Reported stock-position changes between this filing and the previous one.

Stock value

$462.85M

Positions

Estimated turnover

65.7%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

WAIRWesco Aircraft Holdings Inc$72.78Mreported value+3.92M shares CDWCCdw Corp$32.86Mreported value+1.76M shares

Increased positions

QRTEALiberty Ventures Series A$66.77Mreported value+941.2K shares+48.0%CVACovanta Holding Corp$48.32Mreported value+663.6K shares+37.9%IRMIron Mountain Inc$44.85Mreported value+863.9K shares+105.2%TWCTime Warner Cable Inc$41.81Mreported value+107.7K shares

Reduced positions

WUThe Western Union Company$49.60Mreported value-834.9K shares-22.4%

Exited positions

LOWLowe’s Companies, Inc.$19.53Mprior reported value-515.0K shares-100.0%ONEHigher One Holdings, Inc.$5.41Mprior reported value-608.9K shares-100.0%