LP

LB Partners LLC

Sector-focusedMomentum followerQuality / disciplined sizing

Total reported value

$111.5M

Reporting period: 2026-03-31 · Number of holdings: 37

LB Partners LLC disclosed 37 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $111.5M and a quarterly turnover rate of 40.0%.

Personality snowflake

Concentration
37.29
Portfolio Stability
40.05
Momentum/Contrarian
100
Sector conviction
100
Diversification
74
Sizing Uniformity
84.13

Recent moves

  • Add RELY

    +22.4%　$6.7M

  • Trim COF

    +9.4%　-$2.7M

  • Trim AXP

    -6.3%　-$2.8M

  • Trim GTLB

    -40.6%　-$2.5M

  • Trim TIGO

    -38.4%　-$2.1M

  • Add GOGO

    +436.0%　$2.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1RELYRemitly Global INCStock-Other21.48%+5.57%+22.44%
2COFCapital One Financial CORPStock-Financials11.46%-2.87%+9.37%
3TIGOMillicom International Cellular S.A.Stock-Comm Services9.61%-2.26%-38.36%
4AXPAmerican Express CoStock-Financials8.14%-2.79%-6.25%
5SPTSprout Social INC - Class AStock-Other7.72%+1.30%+144.70%
6LPROOpen Lending CORPStock-Other6.05%-1.46%+2.86%
7GOOGLAlphabet Inc-cl AStock-Comm Services4.90%-0.59%—
8NIQNIQ Global Intelligence plcStock-Other4.07%+0.35%+63.34%
9OPFIOppfi INCStock-Other3.46%-1.37%—
10GOGOGogo INCStock-Other2.90%+2.25%+436.02%
11GOOGAlphabet Inc-cl CStock-Comm Services2.06%-0.26%—
12PDDPdd Holdings INCStock-Consumer Disc2.02%+2.02%NEW
13AMZNAmazon.com INCStock-Consumer Disc1.49%-0.21%—
14KKRKkr & Co INCStock-Financials1.42%-0.59%—
15FISVFiserv INCStock-Other1.35%+1.35%NEW
16MUMicron Technology INCStock-Tech1.21%+1.21%NEW
17FOURShift4 Payments Inc-class AStock-Tech1.18%+1.18%NEW
18GTLBGitlab Inc-cl AStock-Tech1.16%-2.34%-40.64%
19TBBBBBB Foods Inc.Stock-Other1.11%+1.11%NEW
20NVDANvidia CORPStock-Tech0.94%+0.94%NEW
21LBRDKLiberty Broadband-cStock-Comm Services0.82%-0.89%-52.53%
22PYPLPaypal Holdings INCStock-Financials0.81%+0.81%NEW
23GPNGlobal Payments INCStock-Industrials0.60%+0.60%NEW
24NOWServicenow INCStock-Tech0.56%+0.56%NEW
25TFPMTriple Flag Precious MetStock-Materials0.46%——
26DVNDevon Energy CORPStock-Energy0.45%+0.45%NEW
27SGOLAbrdn Physical Gold SharesETF-Commodities0.44%+0.02%—
28GLIBKLiberty Capital Corp-cl CStock-Other0.36%-0.01%—
29IMXIInternational Money ExpressStock-Other0.33%-1.70%-83.92%
30SPGIS&p Global INCStock-Financials0.29%-0.07%—
31CVXChevron CORPStock-Energy0.26%+0.26%NEW
32MTAMetalla Royalty & StreamingStock-Other0.21%-0.05%—
33OXYOccidental Petroleum CORPStock-Energy0.20%+0.20%NEW
34FRPHFrp Holdings INCStock-Other0.19%-1.42%-87.50%
35BSMBlack Stone Minerals LPStock-Other0.14%+0.02%—
36MFICMidcap Financial InvestmentStock-Other0.10%+0.10%NEW
37CABO 1.125 03-15-28Cable One INCStock-Comm Services0.07%+0.07%NEW

Holding changes this quarter

LB Partners LLC's most significant position changes for 2026-03-31: New buy: Pdd Holdings INC (PDD); Sold out: Thryv Holdings INC (THRY); New buy: Fiserv INC (FISV); New buy: Micron Technology INC (MU); New buy: Shift4 Payments Inc-class A (FOUR).

Position changes disclosed by LB Partners LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1RELYRemitly Global INC+5.6%+22.44%Add
2GOGOGogo INC+2.3%+436.02%Add
3SPTSprout Social INC - Class A+1.3%+144.70%Add
4NIQNIQ Global Intelligence plc+0.4%+63.34%Add
5SGOLAbrdn Physical Gold Shares0%—Unchanged
6BSMBlack Stone Minerals LP0%—Unchanged
7TFPMTriple Flag Precious Met——Unchanged
8GLIBKLiberty Capital Corp-cl C0%—Unchanged
9MTAMetalla Royalty & Streaming-0.1%—Unchanged
10SPGIS&p Global INC-0.1%—Unchanged
11AMZNAmazon.com INC-0.2%—Unchanged
12GOOGAlphabet Inc-cl C-0.3%—Unchanged
13KKRKkr & Co INC-0.6%—Unchanged
14GOOGLAlphabet Inc-cl A-0.6%—Unchanged
15LBRDKLiberty Broadband-c-0.9%-52.53%Trim
16OPFIOppfi INC-1.4%—Unchanged
17FRPHFrp Holdings INC-1.4%-87.50%Trim
18LPROOpen Lending CORP-1.5%+2.86%Add
19IMXIInternational Money Express-1.7%-83.92%Trim
20TIGOMillicom International Cellular S.A.-2.3%-38.36%Trim
21GTLBGitlab Inc-cl A-2.3%-40.64%Trim
22AXPAmerican Express Co-2.8%-6.25%Trim
23COFCapital One Financial CORP-2.9%+9.37%Add
24PDDPdd Holdings INC—NEWNew buy
25THRYThryv Holdings INC—EXITSold out
26FISVFiserv INC—NEWNew buy
27MUMicron Technology INC—NEWNew buy
28FOURShift4 Payments Inc-class A—NEWNew buy
29TBBBBBB Foods Inc.—NEWNew buy
30NVDANvidia CORP—NEWNew buy
31PYPLPaypal Holdings INC—NEWNew buy
32GPNGlobal Payments INC—NEWNew buy
33NOWServicenow INC—NEWNew buy
34DVNDevon Energy CORP—NEWNew buy
35CVXChevron CORP—NEWNew buy
36OXYOccidental Petroleum CORP—NEWNew buy
37MFICMidcap Financial Investment—NEWNew buy
38WUWestern Union Co—EXITSold out
39CABO 1.125 03-15-28Cable One INC—NEWNew buy

FAQ

What is LB Partners LLC and what type of investor is it?
LB Partners LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $111.5M, spread across 37 disclosed positions.
What are LB Partners LLC's largest equity positions?
Based on the latest 13F filing, LB Partners LLC's top holdings by market value are: 1. Remitly Global INC (RELY) — $24.0M (21.5%) 2. Capital One Financial CORP (COF) — $12.8M (11.5%) 3. Millicom International Cellular S.A. (TIGO) — $10.7M (9.6%) 4. American Express Co (AXP) — $9.1M (8.1%) 5. Sprout Social INC - Class A (SPT) — $8.6M (7.7%)
What changes did LB Partners LLC make in its most recent portfolio filing?
In the latest reported quarter, LB Partners LLC made 28 notable position adjustments: 14 new positions were initiated, 6 existing holdings were added to, 6 positions were partially reduced, and 2 were completely exited. The largest of these moves: New buy: Pdd Holdings INC (PDD); Sold out: Thryv Holdings INC (THRY); New buy: Fiserv INC (FISV); New buy: Micron Technology INC (MU); New buy: Shift4 Payments Inc-class A (FOUR)
What sectors does LB Partners LLC focus on?
LB Partners LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 61.1% • Communication Services: 19.2% • Consumer Discretionary: 9.7% • Information Technology: 7.5% • Materials: 1.3% • Energy: 1.3%