LB Partners LLC
CIK
2007877
Location
CHARLOTTESVILLE, VA
Portfolio Value
Micro
$38,573,825
Diversification
Diversified
Filing Date
Global Rank
#5,194
/ 8,232
▲ 370
Top Industry
Credit Services
32.9%
3Y Alpha vs SPY
+0.7%
Period ended 2 months ago
Filed Apr 24, 2026 · 51d
10 quarters · since Dec 2023
Clone Performance
Feb 2024–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+54.9%
SPY
+52.9%
Annualised alpha
+0.7%
Max drawdown
−27.8%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
33 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
22.2%
+5.6 pts
Top 5
60.4%
−2.9 pts
Top 10
82.5%
−5.9 pts
HHI
992
Diversified−7
Portfolio Trend
10 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 35.8% | $38,573,825 |
| Financial Services | 32.8% | $35,378,522 |
| Communication Services | 18.0% | $19,412,276 |
| Unclassified | 6.1% | $6,542,009 |
| Consumer Cyclical | 3.6% | $3,914,120 |
| Consumer Defensive | 1.1% | $1,237,950 |
| Energy | 1.1% | $1,165,060 |
| Basic Materials | 0.7% | $756,310 |
| Industrials | 0.6% | $673,000 |
| Real Estate | 0.2% | $209,654 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
6 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SPT | Sprout Social, Inc. | +893,502 | 1,510,979 | $8,612,580 | |
| GOGO | Gogo Inc. | +654,034 | 804,034 | $3,232,216 | |
| RELY | Remitly Global, Inc. | +280,307 | 1,529,195 | $23,962,485 | |
| NIQ | NIQ Global Intelligence plc | +155,000 | 399,700 | $4,544,589 | |
| LPRO | Open Lending Corp | +150,000 | 5,400,841 | $6,751,051 | |
| COF | Capital One Financial Corp | +6,000 | 70,056 | $12,780,316 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
5 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| IMXI | International Money Express, Inc. | −120,000 | 23,000 | $363,400 | |
| TIGO | Millicom International Cellular SA | −89,000 | 143,000 | $10,716,420 | |
| FRPH | Frp Holdings, Inc. | −67,100 | 9,582 | $209,654 | |
| GTLB | Gitlab Inc. | −41,077 | 60,000 | $1,298,400 | |
| AXP | American Express Co | −2,000 | 30,000 | $9,074,400 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
13 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| PDD | PDD Holdings Inc. | 22,000 | $2,247,960 | |
| FISV | Fiserv Inc | 27,000 | $1,506,600 | |
| MU | Micron Technology Inc | 4,000 | $1,351,360 | |
| FOUR | Shift4 Payments, Inc. | 30,000 | $1,311,900 | |
| TBBB | Bbb Foods Inc | 35,000 | $1,237,950 | |
| NVDA | Nvidia Corp | 6,000 | $1,046,400 | |
| PYPL | PayPal Holdings, Inc. | 20,000 | $904,600 | |
| GPN | Global Payments Inc | 10,000 | $673,000 | |
| NOW | ServiceNow, Inc. | 6,000 | $627,300 | |
| DVN | Devon Energy Corp/De | 10,000 | $503,200 | |
| CVX | Chevron Corp | 1,400 | $289,660 | |
| OXY | Occidental Petroleum Corp /De/ | 3,400 | $221,000 | |
| MFIC | MidCap Financial Investment Corp | 10,000 | $112,400 | |
| No positions match the current search. | ||||
8 positions ·
$38,573,825 total
· Technology only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Industrials
Real Estate
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| RELY |
Remitly Global, Inc.
Technology
|
Added | 1,529,195 | $23,962,485 | 62.12% | |
| SPT |
Sprout Social, Inc.
Technology
|
Added | 1,510,979 | $8,612,580 | 22.33% | |
| MU |
Micron Technology Inc
Technology
|
NEW | 4,000 | $1,351,360 | 3.50% | |
| FOUR |
Shift4 Payments, Inc.
Technology
|
NEW | 30,000 | $1,311,900 | 3.40% | |
| GTLB |
Gitlab Inc.
Technology
|
Reduced | 60,000 | $1,298,400 | 3.37% | |
| NVDA |
Nvidia Corp
Technology
|
NEW | 6,000 | $1,046,400 | 2.71% | |
| NOW |
ServiceNow, Inc.
Technology
|
NEW | 6,000 | $627,300 | 1.63% | |
| IMXI |
International Money Express, Inc.
Technology
|
Reduced | 23,000 | $363,400 | 0.94% |