Tom Bancroft - Makaira Partners
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    0
Portfolio value:    $0
Holdings Activity Buys Sells    History
History Stock Activity Share change % change to portfolio
Q1 2026
CHTR - Charter Communications Sell 100.00% 164,000 26.77
DPZ - Dominos Pizza Inc. Sell 100.00% 37,000 12.06
LAMR - Lamar Advertising Co. Sell 100.00% 120,000 11.88
BBWI - Bath & Body Works Inc Sell 100.00% 734,355 11.53
CDW - CDW Corp. Sell 100.00% 100,000 10.65
BELFB - Bel Fuse Inc. CL B Sell 100.00% 55,000 7.29
FLUT - Flutter Entertainment Plc Sell 100.00% 41,422 6.96
LMB - Limbach Hldgs Inc Sell 100.00% 102,239 6.22
WHD - Cactus Inc Sell 100.00% 141,286 5.05
SVV - Savers Value Vlg Inc Sell 100.00% 159,110 1.16
HEI.A - HEICO Corp. CL A Sell 100.00% 2,171 0.43
Q4 2025
LMB - Limbach Hldgs Inc Add 95.71% 50,000 3.04
LAMR - Lamar Advertising Co. Reduce 29.41% 50,000 3.14
BELFB - Bel Fuse Inc. CL B Reduce 45.00% 45,000 3.26
WHD - Cactus Inc Reduce 46.36% 122,123 2.48
BBWI - Bath & Body Works Inc Reduce 46.40% 635,645 8.41
FLUT - Flutter Entertainment Plc Reduce 49.13% 40,000 5.22
SVV - Savers Value Vlg Inc Reduce 79.60% 620,890 4.23
BELFA - Bel Fuse Inc. Sell 100.00% 4,001 0.24
Q3 2025
CHTR - Charter Communications Reduce 18.07% 36,162 4.50
FLUT - Flutter Entertainment Plc Reduce 23.49% 25,000 2.17
LAMR - Lamar Advertising Co. Reduce 24.20% 54,260 2.00
BBWI - Bath And Body Works Ord Reduce 25.50% 469,039 4.27
WHD - Cactus Cl A Ord Reduce 26.22% 93,621 1.25
SVV - Savers Value Village Ord Reduce 27.67% 298,437 0.93
CDW - CDW Corp. Reduce 35.61% 55,305 3.01
DPZ - Dominos Pizza Inc. Reduce 43.05% 27,964 3.83
BELFB - Bel Fuse Inc. CL B Reduce 59.35% 145,999 4.34
KMX - CarMax Inc. Sell 100.00% 272,203 5.57
Q2 2025
WHD - Cactus Cl A Ord Add 50.63% 120,000 1.60
BBWI - Bath And Body Works Ord Add 12.20% 200,000 1.82
LMB - Limbach Holdings Ord Buy 52,239 2.23
PGR - Progressive Corp. Sell 100.00% 43,323 4.11
Q1 2025
BELFB - Bel Fuse Inc. CL B Buy 245,999 6.17
BELFA - Bel Fuse Inc. Buy 4,001 0.10
BBWI - Bath And Body Works Ord Reduce 27.56% 623,467 3.77
CHTR - Charter Communications Reduce 46.36% 173,029 9.25
FLUT - Flutter Entertainment Plc Reduce 46.37% 92,013 3.71
WHD - Cactus Cl A Ord Reduce 46.37% 204,934 1.86
SVV - Savers Value Village Ord Reduce 47.49% 975,493 1.56
KMX - CarMax Inc. Reduce 51.34% 287,181 3.66
HEI.A - HEICO Corp. CL A Reduce 51.51% 2,306 0.07
DPZ - Dominos Pizza Inc. Reduce 53.07% 73,475 4.81
LAMR - Lamar Advertising Co. Reduce 57.73% 306,223 5.81
CDW - CDW Corp. Reduce 59.43% 227,493 6.17
PGR - Progressive Corp. Reduce 86.84% 285,920 10.69
LBRDK - Liberty Broadband Corp. CL C Sell 100.00% 167,681 1.96
Q4 2024
CHTR - Charter Communications Add 4.05% 14,510 0.78
FLUT - Flutter Entertainment Plc Reduce 0.44% 885 0.03
CDW - CDW Corp. Reduce 0.46% 1,762 0.05
BBWI - Bath And Body Works Ord Reduce 1.75% 40,200 0.16
WHD - Cactus Cl A Ord Reduce 8.11% 39,010 0.30
SVV - Savers Value Village Ord Reduce 10.31% 236,000 0.32
DPZ - Dominos Pizza Inc. Reduce 13.00% 20,690 1.14
KMX - CarMax Inc. Reduce 17.02% 114,750 1.14
LAMR - Lamar Advertising Co. Reduce 26.21% 188,415 3.24
PGR - Progressive Corp. Reduce 45.45% 274,360 8.95
LBRDK - Liberty Broadband Corp. CL C Reduce 56.93% 221,635 2.20
Q3 2024
SVV - Savers Value Village Ord Add 2.23% 49,930 0.07
FLUT - Flutter Entertainment Plc Buy 199,320 6.08
HEI.A - HEICO Corp. CL A Reduce 3.55% 165 0.00
WHD - Cactus Cl A Ord Reduce 3.72% 18,607 0.13
CHTR - Charter Communications Reduce 3.78% 14,088 0.55
KMX - CarMax Inc. Reduce 4.41% 31,080 0.30
BBWI - Bath And Body Works Ord Reduce 4.90% 118,647 0.60
DPZ - Dominos Pizza Inc. Reduce 4.90% 8,200 0.55
CDW - CDW Corp. Reduce 4.91% 19,838 0.58
LBRDK - Liberty Broadband Corp. CL C Reduce 6.85% 28,619 0.20
PGR - Progressive Corp. Reduce 17.02% 123,828 3.34
LAMR - Lamar Advertising Co. Reduce 20.24% 182,473 2.83
Q2 2024
WHD - Cactus Cl A Ord Add 399.58% 399,581 2.74
SVV - Savers Value Village Ord Buy 2,240,000 3.56
HEI.A - HEICO Corp. CL A Reduce 0.68% 32 0.00
LBRDK - Liberty Broadband Corp. CL C Reduce 1.41% 5,979 0.04
BBWI - Bath And Body Works Ord Reduce 2.14% 52,999 0.32
CHTR - Charter Communications Reduce 2.14% 8,153 0.29
DPZ - Dominos Pizza Inc. Reduce 2.14% 3,662 0.22
LAMR - Lamar Advertising Co. Reduce 2.14% 19,721 0.28
PGR - Progressive Corp. Reduce 2.14% 15,884 0.40
CDW - CDW Corp. Reduce 8.82% 39,106 1.21
KMX - CarMax Inc. Reduce 39.87% 467,541 4.92
Q1 2024
CHTR - Charter Communications Add 135.23% 218,987 7.68
HEI.A - HEICO Corp. CL A Add 10.05% 427 0.01
DPZ - Dominos Pizza Inc. Add 7.05% 11,261 0.68
KMX - CarMax Inc. Add 7.05% 77,267 0.81
LAMR - Lamar Advertising Co. Add 7.04% 60,612 0.87
WHD - Cactus Cl A Ord Buy 100,000 0.60
PGR - Progressive Corp. Reduce 6.86% 54,748 1.15
BBWI - Bath And Body Works Ord Reduce 8.29% 223,777 1.27
CDW - CDW Corp. Reduce 18.71% 102,071 3.06
LBRDK - Liberty Broadband Corp. CL C Reduce 54.69% 511,771 5.44
ZBRA - Zebra Technologies Corp. Sell 100.00% 40,381 1.45
Q4 2023
LAMR - Lamar Advertising Co. Add 13.72% 103,818 1.45
BBWI - Bath And Body Works Ord Add 8.01% 200,000 1.14
CHTR - Charter Communications Buy 161,935 8.29
LBRDK - Liberty Broadband Corp. CL C Reduce 46.13% 801,173 9.54
ATVI - Activision Blizzard Ord Sell 100.00% 976,584 11.92
Q3 2023
LAMR - Lamar Advertising Co. Add 31.70% 182,111 1.98
ZBRA - Zebra Technologies Corp. Add 2.20% 870 0.03
CDW - CDW Corp. Add 2.08% 11,130 0.29
DPZ - Dominos Pizza Inc. Add 2.08% 3,260 0.16
KMX - CarMax Inc. Add 2.08% 22,345 0.21
LBRDK - Liberty Broadband Corp. CL C Add 2.08% 35,425 0.42
PGR - Progressive Corp. Add 2.08% 16,280 0.30
BBWI - Bath And Body Works Ord Reduce 0.64% 16,213 0.08
ATVI - Activision Blizzard Ord Reduce 15.51% 179,320 2.05
Q2 2023
BBWI - Bath And Body Works Ord Add 4.59% 110,383 0.55
ATVI - Activision Blizzard Ord Add 1.80% 20,400 0.23
CDW - CDW Corp. Add 1.80% 9,470 0.24
KMX - CarMax Inc. Add 1.80% 18,970 0.21
LAMR - Lamar Advertising Co. Add 1.80% 10,140 0.14
PGR - Progressive Corp. Add 1.80% 13,830 0.25
DPZ - Dominos Pizza Inc. Add 1.79% 2,750 0.13
LBRDK - Liberty Broadband Corp. CL C Add 1.79% 30,000 0.33
HEI.A - HEICO Corp. CL A Add 1.19% 50 0.00
ZBRA - Zebra Technologies Corp. Reduce 77.84% 138,800 5.76
Q1 2023
DPZ - Dominos Pizza Inc. Add 329.39% 117,920 5.08
ZBRA - Zebra Technologies Corp. Add 10.89% 17,510 0.73
LBRDK - Liberty Broadband Corp. CL C Add 10.87% 163,820 1.75
CDW - CDW Corp. Add 10.86% 51,430 1.31
KMX - CarMax Inc. Add 10.86% 103,280 0.87
LAMR - Lamar Advertising Co. Add 10.86% 55,310 0.72
PGR - Progressive Corp. Add 10.86% 75,230 1.40
BBWI - Bath And Body Works Ord Add 0.42% 10,160 0.05
ATVI - Activision Blizzard Ord Reduce 29.43% 473,540 5.27
HEI.A - HEICO Corp. CL A Reduce 92.15% 49,240 0.86
FRCB - First Republic Bank Ord Sell 100.00% 75,000 1.33
Q4 2022
DPZ - Dominos Pizza Inc. Add 49.17% 11,800 0.59
LAMR - Lamar Advertising Co. Add 13.09% 58,910 0.81
BBWI - Bath And Body Works Ord Add 2.77% 64,620 0.40
ATVI - Activision Blizzard Ord Add 2.74% 42,877 0.48
PGR - Progressive Corp. Add 2.70% 18,207 0.34
KMX - CarMax Inc. Add 2.67% 24,692 0.22
LBRDK - Liberty Broadband Corp. CL C Add 2.65% 38,980 0.43
CDW - CDW Corp. Add 2.50% 11,563 0.30
ZBRA - Zebra Technologies Corp. Add 2.42% 3,795 0.14
HEI.A - HEICO Corp. CL A Add 0.66% 350 0.01
FRCB - First Republic Bank Ord Buy 75,000 1.33
Q3 2022
LAMR - Lamar Advertising Co. Add 221.57% 310,191 4.24
HEI.A - HEICO Corp. CL A Add 55.27% 18,896 0.36
ZBRA - Zebra Technologies Corp. Add 52.61% 54,127 2.35
CDW - CDW Corp. Add 52.48% 159,000 4.11
LBRDK - Liberty Broadband Corp. CL C Add 52.26% 504,077 6.16
KMX - CarMax Inc. Add 52.24% 317,824 3.47
PGR - Progressive Corp. Add 52.19% 231,313 4.45
BBWI - Bath And Body Works Ord Add 52.07% 797,574 4.30
ATVI - Activision Blizzard Inc Add 36.19% 416,167 5.12
DPZ - Dominos Pizza Inc. Buy 24,000 1.23
Q2 2022
KMX - CarMax Inc. Add 32.72% 150,000 3.06
BBWI - Bath & Body Works Inc Buy 1,531,605 9.31
LAMR - Lamar Advertising Co. Buy 140,000 2.78
ATVI - Activision Blizzard Inc Reduce 11.54% 150,000 2.79
WHD - Cactus Inc - A Sell 100.00% 5,000 0.07
Q1 2022
ATVI - Activision Blizzard Inc Add 62.50% 500,000 9.30
WHD - Cactus Inc - A Reduce 96.30% 130,000 0.91
BBWI - Bath & Body Works Inc Sell 100.00% 1,161,605 14.78
VSXY - Victoria's Secret & Co. Sell 100.00% 259,738 2.63
QVCAQ - Qurate Retail Inc-Series A Sell 100.00% 824,425 1.14
Q4 2021
PGR - Progressive Corp. Add 486.25% 367,603 6.88
LBRDK - Liberty Broadband Corp. CL C Add 4.89% 45,000 1.32
CDW - CDW Corp. Add 4.84% 14,000 0.52
KMX - CarMax Inc. Add 4.80% 21,000 0.50
ATVI - Activision Blizzard Inc Buy 800,000 9.71
ZBRA - Zebra Technologies Corp. Reduce 4.63% 5,000 0.54
BBWI - Bath & Body Works Inc Reduce 13.87% 187,049 2.49
VSXY - Victoria's Secret & Co. Reduce 23.55% 80,000 0.93
QVCAQ - Qurate Retail Inc-Series A Reduce 72.34% 2,156,000 4.64
Q3 2021
BBWI - Bath & Body Works Inc Buy 1,348,654 17.97
VSXY - Victoria's Secret & Co. Buy 339,738 3.97
PGR - Progressive Corp. Buy 75,600 1.44
LB - L Brands Inc Sell 100.00% 1,348,654 19.27
CDK - Cdk Global Inc Sell 100.00% 704,959 6.95
Q2 2021
QVCAQ - Qurate Retail Inc - Series A Reduce 26.04% 1,049,491 2.61
Q1 2021
QVCAQ - Qurate Retail Inc - Series A Reduce 19.88% 1,000,000 2.52
LB - L Brands Inc Reduce 27.05% 500,000 4.28
Q4 2020
LBRDK - Liberty Broadband Corp. CL C Add 50.57% 308,845 11.26
CDK - Cdk Global Inc Add 7.63% 50,000 0.60
GLIBA - Gci Liberty Inc - Class A Sell 100.00% 532,492 12.06
Q2 2020
CDK - Cdk Global Inc Add 18.56% 102,524 1.32
LBRDK - Liberty Broadband Corp. CL C Reduce 10.00% 67,857 2.11
WHD - Cactus Inc - A Reduce 10.00% 15,000 0.05
LB - L Brands Inc Reduce 12.50% 264,094 0.86
QVCAQ - Qurate Retail Inc - Series A Reduce 12.50% 718,559 1.23
CDW - CDW Corp. Reduce 25.00% 96,328 2.53
KMX - CarMax Inc. Reduce 25.00% 145,792 2.21
GLIBA - Gci Liberty Inc - Class A Reduce 43.45% 409,166 6.56
ZBRA - Zebra Technologies Corp. Reduce 68.34% 232,880 12.03
IAA - Iaa Inc Sell 100.00% 469,116 3.95
HEI - Heico Corp Sell 100.00% 15,000 0.31
Q1 2020
KMX - CarMax Inc. Add 56.27% 210,000 3.18
GLIBA - Gci Liberty Inc - Class A Add 16.37% 132,474 2.12
QVCAQ - Qurate Retail Inc - Series A Add 15.00% 750,000 1.29
LB - L Brands Inc Add 10.46% 200,000 0.65
CDK - Cdk Global Inc Buy 552,435 5.11
IAA - Iaa Inc Buy 469,116 3.95
HEI.A - HEICO Corp. CL A Buy 34,191 0.61
WHD - Cactus Inc - A Buy 150,000 0.49
HEI - Heico Corp Buy 15,000 0.31
WAIR - Wesco Aircraft Holdings Inc Sell 100.00% 5,002,180 12.10
FOXA - Fox Corporation Sell 100.00% 164,500 1.34
Q4 2019
QVCAQ - Qurate Retail Inc-Series A Add 5.90% 278,389 0.52
WAIR - Wesco Aircraft Holdings Inc Reduce 28.11% 1,956,070 3.43
KMX - CarMax Inc. Reduce 30.16% 161,173 2.26
GLIBA - Gci Liberty Inc - Class A Reduce 30.71% 358,631 3.54
LB - L Brands Inc Reduce 30.72% 848,000 2.64
FOXA - Fox Corporation Reduce 30.74% 73,000 0.37
ZBRA - Zebra Technologies Corp. Reduce 30.85% 152,000 4.99
LBRDK - Liberty Broadband Corp. CL C Reduce 30.93% 303,932 5.06
CDW - CDW Corp. Reduce 58.00% 532,000 10.43
CAAP - Corp America Airports SA Sell 100.00% 1,048,197 0.76
Q3 2019
LB - L Brands Inc Add 3.76% 100,000 0.31
WAIR - Wesco Aircraft Holdings Inc Reduce 35.68% 3,859,178 6.20
Q2 2019
FOXA - Fox Corporation Buy 237,500 1.26
LBRDK - Liberty Broadband Corp. CL C Reduce 21.25% 265,096 2.84
KMX - CarMax Inc. Reduce 25.66% 184,423 1.50
LB - L Brands Inc Reduce 27.07% 987,474 3.18
CAAP - Corp America Airports SA Reduce 27.76% 402,771 0.39
CDW - CDW Corp. Reduce 28.52% 366,035 4.12
ZBRA - Zebra Technologies Corp. Reduce 28.54% 196,776 4.81
QVCAQ - Qurate Retail Inc Reduce 32.67% 2,290,511 4.27
GLIBA - Gci Liberty Inc - Class A Reduce 37.55% 702,227 4.56
Q1 2019
CAAP - Corp America Airports SA Reduce 1.05% 15,411 0.01
GLIBA - Gci Liberty Inc Reduce 1.80% 34,340 0.18
CDW - CDW Corp. Reduce 2.06% 26,975 0.28
ZBRA - Zebra Technologies Corp. Reduce 2.06% 14,525 0.30
QVCAQ - Qurate Retail Inc Reduce 2.12% 152,000 0.39
LB - L Brands Inc Reduce 2.13% 79,350 0.26
KMX - CarMax Inc. Reduce 2.21% 16,235 0.13
LBRDK - Liberty Broadband Corp. CL C Reduce 2.30% 29,305 0.27
VISN - Commscope Holding Co Inc Sell 100.00% 248,659 0.53
Q4 2018
LBRDK - Liberty Broadband Corp. CL C Add 111.42% 672,931 6.30
CAAP - Corp America Airports SA Add 10.56% 140,000 0.12
QVCAQ - Qurate Retail Inc Add 6.04% 408,000 1.04
KMX - CarMax Inc. Buy 735,000 5.99
LB - L Brands Inc Reduce 0.98% 36,800 0.12
ZBRA - Zebra Technologies Corp. Reduce 6.50% 48,950 0.90
CDW - CDW Corp. Reduce 6.57% 92,100 0.85
GLIBA - Gci Liberty Inc Reduce 28.67% 765,300 4.06
VISN - Commscope Holding Co Inc Reduce 86.35% 1,572,650 5.03
IRM - Iron Mtn Inc Sell 100.00% 1,829,944 6.57
Q3 2018
CAAP - Corp America Airports SA Add 23.23% 250,000 0.22
GLIBA - Gci Liberty Inc Add 14.58% 339,639 1.80
LB - L Brands Inc Add 11.89% 400,000 1.26
QVCAQ - Qurate Retail Inc Add 4.11% 266,500 0.62
Q2 2018
LB - L Brands Inc Add 33.32% 840,790 3.52
VISN - Commscope Holding Co Inc Add 32.97% 451,611 1.50
GLIBA - Gci Liberty Inc Add 21.48% 411,961 2.11
CAAP - Corp America Airports SA Add 10.81% 104,979 0.10
IRM - Iron Mtn Inc Add 0.74% 13,370 0.05
QVCAQ - Qurate Retail Inc Buy 6,488,097 15.61
LBRDK - Liberty Broadband Corp. CL C Buy 603,970 5.19
CDW - CDW Corp. Reduce 17.70% 301,650 2.95
ZBRA - Zebra Technologies Corp. Reduce 23.91% 236,566 4.58
VMI - Valmont Industries Inc Sell 100.00% 179,680 3.66
Q1 2018
LB - L Brands Inc Add 235.49% 1,771,382 9.41
WAIR - Wesco Aircraft Hldgs Inc Add 6.33% 643,610 0.92
IRM - Iron Mtn Inc Add 1.44% 25,725 0.12
GLIBA - Gci Liberty Inc Buy 1,918,082 14.10
CAAP - Corp America Airports SA Buy 971,400 1.67
VISN - Commscope Holding Co Inc Reduce 0.08% 1,050 0.01
CDW - CDW Corp. Reduce 14.66% 292,680 3.01
ZBRA - Zebra Technologies Corp. Reduce 22.45% 286,404 4.40
VMI - Valmont Industries Inc Reduce 43.07% 135,930 3.34
LVNTB - Liberty Interactive Corp Sell 100.00% 1,730,352 13.89
MMS - Maximus Inc Sell 100.00% 148,849 1.58
CACC - Credit Acceptance Corp. Sell 100.00% 23,370 1.12
Q4 2017
LVNTB - Liberty Interactive Corp Add 267.30% 1,259,253 10.11
CDW - CDW Corp. Add 6.05% 113,950 1.17
ZBRA - Zebra Technologies Corp. Add 6.05% 72,800 1.12
VMI - Valmont Inds Inc Add 6.04% 17,990 0.44
CACC - Credit Acceptance Corp. Add 5.41% 1,200 0.06
MMS - Maximus Inc Add 4.64% 6,600 0.07
LB - L Brands Inc Buy 752,200 6.70
IRM - Iron Mtn Inc Reduce 6.67% 127,944 0.84
VISN - Commscope Hldg Co Inc Reduce 40.59% 936,699 5.23
CHUBK - Commercehub Inc Sell 100.00% 88,913 0.32
CHUBA - Commercehub Inc Sell 100.00% 44,458 0.17
Q3 2017
LVNTB - Liberty Interactive Corp Add 16.05% 65,150 0.63
VISN - Commscope Hldg Co Inc Add 14.10% 285,200 1.59
WAIR - Wesco Aircraft Hldgs Inc Add 5.43% 523,880 0.83
CHUBA - Commercehub Inc Reduce 0.36% 159 0.00
CHUBK - Commercehub Inc Reduce 0.36% 319 0.00
CACC - Credit Acceptance Corp. Reduce 0.37% 82 0.00
IRM - Iron Mtn Inc New Reduce 0.63% 12,228 0.07
MMS - Maximus Inc Reduce 0.63% 904 0.01
CDW - CDW Corp. Reduce 0.64% 12,062 0.13
VMI - Valmont Inds Inc Reduce 0.64% 1,905 0.05
ZBRA - Zebra Technologies Corp. Reduce 0.64% 7,706 0.13
LEXEA - Liberty Expedia Holdings Inc Sell 100.00% 180,762 1.68
Q2 2017
WAIR - Wesco Aircraft Hldg Inc Add 18.04% 1,474,630 2.75
IRM - Iron Mtn Inc Add 17.72% 290,655 1.72
CACC - Credit Acceptance Corp. Add 11.26% 2,252 0.10
LEXEA - Liberty Expedia Holdings Inc Add 8.90% 14,775 0.14
CHUBA - Commercehub Inc Add 8.58% 3,525 0.01
CHUBK - Commercehub Inc Add 8.58% 7,049 0.02
LVNTB - Liberty Ventures Add 6.30% 24,068 0.22
MMS - Maximus Inc Add 6.30% 8,480 0.09
CDW - CDW Corp. Add 5.46% 98,142 1.06
VMI - Valmont Industries Inc Add 5.40% 15,356 0.40
VISN - Commscope Holding Co Inc Add 5.33% 102,318 0.67
ZBRA - Zebra Technologies Corp. Add 4.81% 55,554 0.96
Q1 2017
LVNTB - Liberty Ventures Add 53.38% 132,900 1.13
VISN - Commscope Holding Co Inc Reduce 2.00% 39,200 0.26
CDW - CDW Corp. Reduce 2.02% 37,000 0.34
ZBRA - Zebra Technologies Corp. Reduce 2.02% 23,830 0.36
IRM - Iron Mtn Inc Reduce 2.03% 33,990 0.19
MMS - Maximus Inc Reduce 2.16% 2,980 0.03
VMI - Valmont Industries Inc Reduce 57.10% 378,276 9.36
Q4 2016
LVNTB - Liberty Ventures Buy 248,981 1.61
LEXEA - Liberty Expedia Holdings Inc Buy 165,987 1.16
CACC - Credit Acceptance Corp. Reduce 87.10% 135,000 4.99
LVNTA - Liberty Ventures Sell 100.00% 414,971 3.04
Q3 2016
VISN - Commscope Holding Co Inc Add 27.27% 419,829 2.32
WAIR - Wesco Aircraft Hldg Inc Add 1.87% 150,000 0.37
CHUBK - Commercehub Inc Buy 82,183 0.24
CHUBA - Commercehub Inc Buy 41,092 0.12
VMI - Valmont Industries Inc Reduce 0.73% 4,889 0.11
LVNTA - Liberty Ventures Reduce 1.24% 5,223 0.03
ZBRA - Zebra Technologies Corp. Reduce 13.94% 191,065 1.58
CDW - CDW Corp. Reduce 19.10% 432,830 2.86
CACC - Credit Acceptance Corp. Reduce 24.39% 50,000 1.53
IRM - Iron Mtn Inc Reduce 31.92% 785,112 5.16
MMS - Maximus Inc Reduce 68.84% 304,047 2.77
CPLA - Capella Education Co Sell 100.00% 294,505 2.56
VRSN - Verisign Inc. Sell 100.00% 110,031 1.57
Q2 2016
WAIR - Wesco Aircraft Hldg Inc Add 0.08% 6,358 0.01
ZBRA - Zebra Technologies Corp. Buy 1,370,227 11.32
VISN - Commscope Holding Co Inc Buy 1,539,300 7.88
CACC - Credit Acceptance Corp. Buy 205,000 6.26
VMI - Valmont Industries Inc Reduce 1.35% 9,113 0.21
CDW - CDW Corp. Reduce 3.30% 77,260 0.60
IRM - Iron Mtn Inc Reduce 19.82% 607,936 3.86
VRSN - Verisign Inc. Reduce 51.22% 115,538 1.92
CPLA - Capella Education Co Reduce 57.72% 402,046 3.97
CVA - Covanta Holding Corp Sell 100.00% 2,207,287 6.97
Q1 2016
MMS - Maximus Inc. Add 231.36% 308,400 3.04
WAIR - Wesco Aircraft Hldg Inc Add 5.55% 421,741 1.14
IRM - Iron Mtn Inc Add 2.19% 65,700 0.42
CPLA - Capella Education Co Add 1.46% 10,000 0.10
VMI - Valmont Industries Inc Reduce 21.00% 179,772 3.61
CVA - Covanta Holding Corp Reduce 31.62% 1,020,501 2.99
VRSN - Verisign Inc. Reduce 60.90% 351,400 5.80
3UB - Ubiquity Networks Sell 100.00% 148,203 0.89
KEX - Kirby Corp. Sell 100.00% 67,600 0.67
Q4 2015
CPLA - Capella Education Co Add 15.40% 91,611 0.81
IRM - Iron Mtn Inc Add 14.74% 385,587 1.97
WAIR - Wesco Aircraft Hldg Inc Add 3.76% 274,997 0.62
VMI - Valmont Industries Inc Add 3.01% 25,000 0.50
CVA - Covanta Holding Corp Reduce 2.41% 79,673 0.26
3UB - Ubiquity Networks Reduce 86.93% 985,705 6.18
Q3 2015
VMI - Valmont Industries Inc Add 67.21% 334,119 5.86
IRM - Iron Mtn Inc Add 19.97% 435,507 2.50
CPLA - Capella Education Co Add 10.97% 58,823 0.54
CVA - Covanta Holding Corp Add 9.91% 298,300 0.96
LVNTA - Liberty Ventures Add 2.56% 10,500 0.08
KEX - Kirby Corp. Buy 67,600 0.77
3UB - Ubiquity Networks Reduce 0.82% 9,400 0.05
MMS - Maximus Inc. Reduce 1.26% 1,700 0.02
CDW - CDW Corp. Reduce 1.61% 38,400 0.23
VRSN - Verisign Inc. Reduce 57.61% 784,200 8.47
DORM - Dorman Products Sell 100.00% 289,966 2.42
Q2 2015
VMI - Valmont Industries Inc Add 148.55% 297,100 6.19
CPLA - Capella Education Co Add 80.86% 239,690 2.25
3UB - Ubiquity Networks Add 38.05% 315,113 1.76
IRM - Iron Mtn Inc Buy 2,180,610 11.84
LVNTA - Liberty Ventures Buy 409,694 2.82
DORM - Dorman Products Buy 289,966 2.42
IRM* - Iron Mtn Inc Sell 100.00% 616,567 4.90
Q1 2015
VMI - Valmont Industries Inc Add 58.09% 73,487 1.97
WAIR - Wesco Aircraft Hldg Inc Add 0.21% 15,700 0.05
3UB - Ubiquity Networks Buy 828,195 5.33
IRM* - Iron Mtn Inc Reduce 56.04% 786,091 6.52
CXW* - Corrections Corp Sell 100.00% 989,660 7.71
Q4 2014
VMI - Valmont Industries Inc Add 27.25% 27,092 0.74
WAIR - Wesco Aircraft Hldg Inc Add 27.23% 1,563,685 4.69
MMS - Maximus Inc. Buy 135,000 1.59
CVA - Covanta Holding Corp Reduce 4.75% 150,000 0.65
CXW* - Corrections Corp Reduce 23.15% 298,091 2.09
IRM* - Iron Mtn Inc Reduce 27.48% 531,493 3.53
CPLA - Capella Education Co Reduce 37.58% 178,430 2.27
TWC - Time Warner Cable Inc Sell 100.00% 170,513 4.98
Q3 2014
WAIR - Wesco Aircraft Hldg Inc Add 15.06% 751,724 2.66
IRM* - Iron Mtn Inc Reduce 3.11% 62,100 0.42
CVA - Covanta Holding Corp Reduce 5.66% 189,557 0.75
CDW - CDW Corp. Reduce 27.53% 905,017 5.56
Q2 2014
VRSN - Verisign Inc. Add 22.76% 252,324 2.37
WAIR - Wesco Aircraft Hldg Inc Add 12.22% 543,335 2.09
CVA - Covanta Holding Corp Reduce 0.50% 16,772 0.06
VMI - Valmont Industries Inc Reduce 0.58% 579 0.02
CDW - CDW Corp. Reduce 0.84% 27,761 0.16
CXW* - Corrections Corp Reduce 0.84% 10,865 0.07
IRM* - Iron Mtn Inc Reduce 0.91% 18,298 0.11
TWC - Time Warner Cable Inc Reduce 0.91% 1,571 0.05
Q1 2014
VRSN - Verisign Inc. Add 37.09% 300,000 3.41
CVA - Covanta Holding Corp Add 0.32% 10,700 0.04
VMI - Valmont Industries Inc Buy 100,000 3.14
CPLA - Capella Education Co Reduce 30.48% 208,200 3.05
Q4 2013
CVA - Covanta Holding Corp Add 39.00% 941,247 3.68
IRM* - Iron Mtn Inc Add 10.81% 196,542 1.31
CXW* - Corrections Corp Add 9.03% 107,606 0.76
WAIR - Wesco Aircraft Hldg Inc Add 0.65% 28,679 0.14
CPLA - Capella Education Co Add 0.25% 1,700 0.02
TWC - Time Warner Cable Inc Add 0.23% 400 0.01
VRSN - Verisign Inc. Add 0.22% 1,750 0.02
CDW - CDW Corp. Buy 3,314,988 17.04
CDWC - Cdw Corp Sell 100.00% 2,460,229 13.94
LVNTA - Liberty Ventures Series A Sell 100.00% 153,739 3.36
Q3 2013
CXW* - Corrections Corp Add 42.13% 353,020 3.03
CDWC - Cdw Corp Add 39.41% 695,523 3.94
WAIR - Wesco Aircraft Hldg Inc Add 12.76% 500,000 2.60
IRM* - Iron Mtn Inc Add 7.87% 132,696 0.89
TWC - Time Warner Cable Inc Reduce 53.81% 200,000 5.68
WU - Western Union Co. Sell 100.00% 2,898,779 12.52
Q2 2013
IRM* - Iron Mtn Inc Add 105.18% 863,943 5.80
VRSN - Verisign Inc. Add 62.83% 311,415 3.51
CXW* - Corrections Corp Add 55.07% 297,600 2.55
TWC - Time Warner Cable Inc Add 40.82% 107,740 3.06
CVA - Covanta Holding Corp Add 37.92% 663,600 3.35
LVNTA - Liberty Ventures Series A Add 37.10% 41,600 0.89
WAIR - Wesco Aircraft Hldg Inc Buy 3,919,089 18.37
CDWC - Cdw Corp Buy 1,764,706 8.30
CPLA - Capella Education Co Buy 681,357 7.16
WU - Western Union Co. Reduce 22.36% 834,902 5.73
LOW - Lowe's Cos. Sell 100.00% 515,004 8.91
Q1 2013
TWC - Time Warner Cable Inc Add 98.09% 130,700 5.73
VRSN - Verisign Inc. Buy 495,680 10.69
CXW* - Corrections Corp Amer New Com Reduce 0.73% 4,000 0.08
WU - Western Union Co. Reduce 0.81% 30,400 0.24
IRM* - Iron Mtn Inc Reduce 0.84% 6,950 0.13
CVA - Covanta Hldg Corp Reduce 1.00% 17,700 0.19
LOW - Lowe's Cos. Reduce 1.13% 5,900 0.12
LVNTA - Liberty Ventures Series A Reduce 27.31% 42,125 1.67
Q4 2012
IRM* - Iron Mtn Inc Add 51.33% 280,956 5.11
LVNTA - Liberty Ventures Series A Add 36.69% 41,411 1.64
CVA - Covanta Hldg Corp Add 29.21% 399,641 4.31
WU - Western Union Co. Add 21.72% 671,571 5.35
CXW* - Corrections Corp Amer New Com Reduce 2.83% 15,854 0.32
TWC - Time Warner Cable Inc Reduce 14.22% 22,097 1.27
LOW - Lowe's Cos. Reduce 41.30% 366,505 6.72
LVNAR - Liberty Ventures Series A Rights Sell 100.00% 27,426 0.23
Q3 2012
CVA - Covanta Hldg Corp Add 146.49% 813,015 8.46
WU - Western Union Co. Add 119.38% 1,682,851 18.61
LOW - Lowe's Cos. Add 117.03% 478,525 8.78
IRM* - Iron Mtn Inc Add 34.76% 141,178 2.92
CXW* - Corrections Corp Amer New Com Add 25.75% 114,727 2.33
LVNTA - Liberty Ventures Series A Buy 112,853 3.40
LVNAR - Liberty Ventures Series A Rights Buy 27,426 0.23
TWC - Time Warner Cable Inc Reduce 13.64% 24,535 2.34
Q2 2012
WU - Western Union Co. Add 28.16% 309,710 6.05
CVA - Covanta Hldg Corp Add 9.78% 49,435 0.98
IRM* - Iron Mtn Inc Add 5.35% 20,635 0.79
TWC - Time Warner Cable Inc Reduce 1.01% 1,835 0.18
CXW* - Corrections Corp Amer New Com Reduce 14.14% 73,395 2.42
LOW - Lowe's Cos. Reduce 16.33% 79,790 3.02
Q1 2012
TWC - Time Warner Cable Inc Add 1.34% 2,400 0.24
WU - Western Union Co. Add 1.01% 11,000 0.23
CXW* - Corrections Corp Amer New Com Add 0.95% 4,900 0.16
CVA - Covanta Hldg Corp Add 0.79% 3,950 0.08
LOW - Lowe's Cos. Reduce 0.85% 4,200 0.15
IRM* - Iron Mtn Inc Reduce 1.03% 4,000 0.17