MAGNOLIA GROUP, LLC 13F: Quarter-over-Quarter Portfolio Changes
MAGNOLIA GROUP, LLC reported a disclosed portfolio value of approximately $476.3 million in its latest SEC Form 13F-HR filing for Q2 2026, down 11.4% quarter on quarter. Over the quarter, the fund initiated 6 new positions, bought more shares in 2 holdings, trimmed 7 holdings, and exited 2 positions.
MAGNOLIA GROUP, LLC's top buy was a new stake in Ishares 0-3 Month Treasury Bon (SGOV) , equal to 4.1% of the disclosed portfolio. Its top sell was Re/Max Hldgs INC (RMAX) . The fund exited the position completely after it had accounted for 2.9% of the previous portfolio.
New PositionsQ2 2026
Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| ISHARES 0-3 MONTH TREASURY BON | SGOV | 4.1% | History → |
| S&P GLOBAL INC | SPGI | 2.8% | History → |
| BERKSHIRE HATHAWAY INC CL B | BRK/B | 2.0% | – |
| MARKEL GROUP INC | MKL | 0.9% | Holders → |
| HOME BANCSHARES INC | HOMB | 0.8% | Holders → |
| NATURAL RESOURCE PARTNERS LP | NRP | 0.8% | Holders → |
Top BuysQ2 2026
The fund's top buys among existing positions in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
Top SellsQ2 2026
The fund's top sells among positions it retained in Q2 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| COGENT COMMUNICATIONS HLDGS | CCOI | -1.7% | 24.1% | History → |
| NELNET INC | NNI | -4.5% | 23.9% | History → |
| CORE NATURAL RESOURCES INC | CNR | -3.9% | 22.4% | History → |
| AMERICAS CAR-MART INC | CRMT | -2.3% | 11.2% | Holders → |
| ALLIANCE RESOURCE PARTNERS L | ARLP | -0.9% | 10.5% | History → |
| ASBURY AUTO GP | ABG | 0.5% | 9.5% | History → |
| PURE CYCLE CORP | PCYO | 0.5% | 6.2% | History → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| RE/MAX HLDGS INC | RMAX | 2.9% |
| OLD MKT CAP CORP | OMCC | 2.1% |
Net Portfolio Value ChangeQ2 2026
- $0.5BPrior quarter
- $0.5BCurrent quarter
- $-0.1BNet delta
- -11.4%% change
Methodology & FAQ
How MAGNOLIA GROUP, LLC Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for MAGNOLIA GROUP, LLC: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description, including how confidential treatment filings are handled, is documented in the Methodology.
What stocks did MAGNOLIA GROUP, LLC buy in Q2 2026?
In Q2 2026, MAGNOLIA GROUP, LLC initiated 6 new positions (ISHARES 0-3 MONTH TREASURY BON (SGOV), S&P GLOBAL INC (SPGI), BERKSHIRE HATHAWAY INC CL B (BRK/B), MARKEL GROUP INC (MKL), HOME BANCSHARES INC (HOMB), NATURAL RESOURCE PARTNERS LP (NRP)); bought more shares of NVR INC (NVR), LENNAR CORP (LEN/B).
What stocks did MAGNOLIA GROUP, LLC sell in Q2 2026?
In Q2 2026, MAGNOLIA GROUP, LLC fully sold 2 positions (RE/MAX HLDGS INC (RMAX), OLD MKT CAP CORP (OMCC)); reduced holdings in COGENT COMMUNICATIONS HLDGS (CCOI), NELNET INC (NNI), CORE NATURAL RESOURCES INC (CNR), AMERICAS CAR-MART INC (CRMT), ALLIANCE RESOURCE PARTNERS L (ARLP) (the largest 5 of 7 reductions).
Which positions did MAGNOLIA GROUP, LLC initiate in Q2 2026?
MAGNOLIA GROUP, LLC established 6 new positions in Q2 2026: ISHARES 0-3 MONTH TREASURY BON (SGOV, 4.1%), S&P GLOBAL INC (SPGI, 2.8%), BERKSHIRE HATHAWAY INC CL B (BRK/B, 2.0%), MARKEL GROUP INC (MKL, 0.9%), HOME BANCSHARES INC (HOMB, 0.8%), NATURAL RESOURCE PARTNERS LP (NRP, 0.8%).
Which existing positions saw the largest allocation increases for MAGNOLIA GROUP, LLC in Q2 2026?
Of 2 existing positions with share-count increases in Q2 2026, the largest were: NVR INC (NVR, +1.0% weight, +130.6% shares), LENNAR CORP (LEN/B, +1.0% weight, +31.9% shares).
Which positions did MAGNOLIA GROUP, LLC fully exit in Q2 2026?
MAGNOLIA GROUP, LLC fully exited 2 positions in Q2 2026: RE/MAX HLDGS INC (RMAX, last-reported weight 2.9%), OLD MKT CAP CORP (OMCC, last-reported weight 2.1%).
Which existing positions saw the largest allocation reductions for MAGNOLIA GROUP, LLC in Q2 2026?
Of 7 existing positions with share-count reductions in Q2 2026, the largest were: COGENT COMMUNICATIONS HLDGS (CCOI, -1.7% weight, -24.1% shares), NELNET INC (NNI, -4.5% weight, -23.9% shares), CORE NATURAL RESOURCES INC (CNR, -3.9% weight, -22.4% shares), AMERICAS CAR-MART INC (CRMT, -2.3% weight, -11.2% shares), ALLIANCE RESOURCE PARTNERS L (ARLP, -0.9% weight, -10.5% shares), ASBURY AUTO GP (ABG, 0.5% weight, -9.5% shares), PURE CYCLE CORP (PCYO, 0.5% weight, -6.2% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.