13F filing recap · Q4 2014

What did Makaira Partners buy in Q4 2014?

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

Stock value

$566.70M

Positions

Estimated turnover

21.3%

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

QRTEBLiberty Ventures Series A$15.45Mreported value+409.7K shares MMSMaximus, Inc.$7.40Mreported value+135.0K shares DORMDorman Products, Inc.$241.0Kreported value+5.0K shares

Increased positions

WAIRWesco Aircraft Holdings Inc$102.14Mreported value+1.56M shares+27.2%VMIValmont Industries Inc$16.07Mreported value+27.1K shares+27.2%

Reduced positions

CVACovanta Holding Corp$66.23Mreported value-150.0K shares-4.7%IRMIron Mountain Inc$54.23Mreported value-531.5K shares-27.5%CXWCorecivic, Inc.$35.96Mreported value-298.1K shares-23.1%CPLACapella Education Co$22.81Mreported value-178.4K shares

Exited positions

TWCTime Warner Cable Inc$24.47Mprior reported value-170.5K shares-100.0%