13F filing recap · Q4 2024

What did Makaira Partners buy in Q4 2024?

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

Stock value

$641.08M

Positions

Estimated turnover

19.0%

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.

Quarter in review

Makaira Partners slightly added to Charter Communications and modestly trimmed Bath & Body Works, CDW, Flutter Entertainment, and Cactus. It substantially reduced Progressive and Liberty Broadband, while moderately cutting Lamar Advertising, Domino’s Pizza, CarMax, and Savers Value Village.

Increased positions

CHTRCharter Communications, Inc.$127.92Mreported value+14.5K shares+4.0%

Reduced positions

BBWIBath & Body Works, Inc.$87.72Mreported value-40.2K shares-1.7%PGRProgressive Corp/oh/$78.89Mreported value-274.4K shares-45.5%CDWCdw Corp$66.62Mreported value-1.8K shares-0.5%LAMRLamar Advertising Co/new$64.58Mreported value-188.4K shares