Filed: 11/12/2025ACC: 0000921895-25-002977
📋 What this filing means
BANDERA PARTNERS LLC filed this quarterly 13F‑HR report disclosing 13 equity positions with a total reported market value of $228.13M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
13
Positions
$228.13M
Total AUM (reported)
19.39M
Total Shares
Allocation by class
COM$107.52M47.1%
UNIT LTD PARTNR$32.48M14.2%
CL A$30.53M13.4%
ORD SHS$29.04M12.7%
CAP STK CL A$21.71M9.5%
CLASS A COM$6.85M3.0%
Portfolio Concentration
Top 3$99.08M43.4%
4–10$111.35M48.8%
11–25$17.70M7.8%
Top 3 weight
43.4%
Top 10 weight
92.2%
Voting Authority Distribution
Total shares with voting rights: 19.39M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
19.39M
shares
% of voting shares100.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other13
Dominant voting typeShared · 100.0% of voting shares
Institutional Holdings13
Rows:
JOINT CORP
OTRShares3.94M
TypeSH
Market value$37.56M
16.47%
Sole
0.00
Shared
3.94M
None
0.00
STAR GROUP L P
OTRShares2.75M
TypeSH
Market value$32.48M
14.24%
Sole
0.00
Shared
2.75M
None
0.00
BURFORD CAP LTD
OTRShares2.43M
TypeSH
Market value$29.04M
12.73%
Sole
0.00
Shared
2.43M
None
0.00
AMKOR TECHNOLOGY INC
OTRShares773.49K
TypeSH
Market value$21.97M
9.63%
Sole
0.00
Shared
773.49K
None
0.00
ALPHABET INC
OTRShares89.32K
TypeSH
Market value$21.71M
9.52%
Sole
0.00
Shared
89.32K
None
0.00
SKYWEST INC
OTRShares179.11K
TypeSH
Market value$18.02M
7.90%
Sole
0.00
Shared
179.11K
None
0.00
AMERESCO INC
OTRShares526.77K
TypeSH
Market value$17.69M
7.75%
Sole
0.00
Shared
526.77K
None
0.00
NELNET INC
OTRShares102.39K
TypeSH
Market value$12.84M
5.63%
Sole
0.00
Shared
102.39K
None
0.00
POWERFLEET INC
OTRShares1.88M
TypeSH
Market value$9.86M
4.32%
Sole
0.00
Shared
1.88M
None
0.00
RED ROBIN GOURMET BURGERS IN
OTRShares1.35M
TypeSH
Market value$9.26M
4.06%
Sole
0.00
Shared
1.35M
None
0.00
TANDY LEATHER FACTORY INC
OTRShares2.86M
TypeSH
Market value$8.57M
3.76%
Sole
0.00
Shared
2.86M
None
0.00
BIOTE CORP
OTRShares2.28M
TypeSH
Market value$6.85M
3.00%
Sole
0.00
Shared
2.28M
None
0.00
HIREQUEST INC
OTRShares236.85K
TypeSH
Market value$2.28M
1.00%
Sole
0.00
Shared
236.85K
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
JOINT CORPOTR | COM | 3.94M | SH | $37.56M 16.47% | 0.00 | 3.94M | 0.00 |
STAR GROUP L POTR | UNIT LTD PARTNR | 2.75M | SH | $32.48M 14.24% | 0.00 | 2.75M | 0.00 |
BURFORD CAP LTDOTR | ORD SHS | 2.43M | SH | $29.04M 12.73% | 0.00 | 2.43M | 0.00 |
AMKOR TECHNOLOGY INCOTR | COM | 773.49K | SH | $21.97M 9.63% | 0.00 | 773.49K | 0.00 |
ALPHABET INCOTR | CAP STK CL A | 89.32K | SH | $21.71M 9.52% | 0.00 | 89.32K | 0.00 |
SKYWEST INCOTR | COM | 179.11K | SH | $18.02M 7.90% | 0.00 | 179.11K | 0.00 |
AMERESCO INCOTR | CL A | 526.77K | SH | $17.69M 7.75% | 0.00 | 526.77K | 0.00 |
NELNET INCOTR | CL A | 102.39K | SH | $12.84M 5.63% | 0.00 | 102.39K | 0.00 |
POWERFLEET INCOTR | COM | 1.88M | SH | $9.86M 4.32% | 0.00 | 1.88M | 0.00 |
RED ROBIN GOURMET BURGERS INOTR | COM | 1.35M | SH | $9.26M 4.06% | 0.00 | 1.35M | 0.00 |
TANDY LEATHER FACTORY INCOTR | COM | 2.86M | SH | $8.57M 3.76% | 0.00 | 2.86M | 0.00 |
BIOTE CORPOTR | CLASS A COM | 2.28M | SH | $6.85M 3.00% | 0.00 | 2.28M | 0.00 |
HIREQUEST INCOTR | COM | 236.85K | SH | $2.28M 1.00% | 0.00 | 236.85K | 0.00 |