Latest Bandera Partners LLC Stock Portfolio

Bandera Partners LLC Performance:

2025 Q4: -1.23%YTD: -0.94%2024: 3.06%

Performance for 2025 Q4 is -1.23%, and YTD is -0.94%, and 2024 is 3.06%.

About Bandera Partners LLC and 13F Hedge Fund Stock Holdings

Bandera Partners LLC is a hedge fund based in New York, NY. On 2026-02-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, Bandera Partners LLC reported an equity portfolio of $222.5 Millions as of 31 Dec, 2025.

The top stock holdings of Bandera Partners LLC are JYNT, SGU, GOOG. The fund has invested 15.4% of it's portfolio in JOINT CORP and 14.6% of portfolio in STAR GROUP L P.

They significantly reduced their stock positions in AMKOR TECHNOLOGY INC (AMKR) and BURFORD CAP LTD (BUR).

Bandera Partners LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Bandera Partners LLC made a return of -1.23% in the last quarter. In trailing 12 months, it's portfolio return was -0.94%.

Performance
S&P 500

New Buys

No new stocks were added by Bandera Partners LLC

Additions

No additions were made to existing positions by Bandera Partners LLC

Reductions

Ticker	% Reduced
amkor technology inc	-10.34
burford cap ltd	-0.55

Bandera Partners LLC reduced stake in above stock

Sold off

None of the stocks were completely sold off by Bandera Partners LLC

Sector Distribution

Bandera Partners LLC has about 18.1% of it's holdings in Healthcare sector.

Sector	%
Healthcare	18.1
Technology	16.8
Industrials	16.1
Energy	14.6
Communication Services	12.6
Others	9.7
Financial Services	6.1
Consumer Cyclical	6

Market Cap. Distribution

Bandera Partners LLC has about 24.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
SMALL-CAP	26
MICRO-CAP	21.7
MID-CAP	14.2
MEGA-CAP	12.6
LARGE-CAP	12.3
UNALLOCATED	9.7
NANO-CAP	3.5

Stocks belong to which Index?

About 67.7% of the stocks held by Bandera Partners LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	55.1
Others	32.3
S&P 500	12.6

Top 5 Winners (%)		%
AMKR	amkor technology inc	37.0 %
GOOG	alphabet inc	28.8 %
HQI	hirequest inc	9.3 %
NNI	nelnet inc	6.1 %
PWFL	powerfleet inc	1.5 %

Top 5 Winners ($)		$
AMKR	amkor technology inc	8.1 M
GOOG	alphabet inc	6.2 M
NNI	nelnet inc	0.8 M
HQI	hirequest inc	0.2 M
PWFL	powerfleet inc	0.2 M

Top 5 Losers (%)		%
RRGB	red robin gourmet burgers in	-41.0 %
BUR	burford cap ltd	-25.4 %
BTMD	biote corp	-13.3 %
AMRC	ameresco inc	-12.8 %
TLF	tandy leather factory inc	-8.7 %

Top 5 Losers ($)		$
BUR	burford cap ltd	-7.4 M
RRGB	red robin gourmet burgers in	-3.8 M
JYNT	joint corp	-3.2 M
AMRC	ameresco inc	-2.3 M
BTMD	biote corp	-0.9 M

Bandera Partners LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Bandera Partners LLC

Bandera Partners LLC has 13 stocks in it's portfolio. About 93.8% of the portfolio is in top 10 stocks. BUR proved to be the most loss making stock for the portfolio. AMKR was the most profitable stock for Bandera Partners LLC last quarter.

Last Reported on: 13 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AMKR	amkor technology inc	12.31	693,519	27,380,100	reduced	-10.34

AMRC	ameresco inc	6.93	526,769	15,429,100	unchanged	0.00

BTMD	biote corp	2.67	2,283,790	5,937,860	unchanged	0.00

BUR	burford cap ltd	9.68	2,414,460	21,537,000	reduced	-0.55

GOOG	alphabet inc	12.57	89,322	27,957,800	unchanged	0.00

HQI	hirequest inc	1.12	236,847	2,489,260	unchanged	0.00

JYNT	joint corp	15.43	3,937,300	34,333,200	unchanged	0.00

NNI	nelnet inc	6.12	102,389	13,616,300	unchanged	0.00

PWFL	powerfleet inc	4.50	1,881,670	10,010,500	unchanged	0.00

RRGB	red robin gourmet burgers in	2.46	1,350,000	5,467,500	unchanged	0.00

SGU	star group l p	14.61	2,745,360	32,505,100	unchanged	0.00

SKYW	skywest inc	8.08	179,107	17,984,100	unchanged	0.00

TLF	tandy leather factory inc	3.52	2,857,940	7,830,740	unchanged	0.00