1y return+16.2%S&P 500 +20.9%
3y return+6.6%S&P 500 +68.5%
5y return−10.8%S&P 500 +74.5%
10y return+184.1%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $284 against $357 in the S&P 500.2
Bandera Partners LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| SGUStar Group LP | $35.3M | 12.4% | |
| JYNTJoint Corp | $34.6M | 12.2% | |
| SPCXSpace Exploration Techn Corp | $34.0M | 12.0% | New |
| GOOGLAlphabet Inc | $31.9M | 11.2% | |
| AMKRAmkor Technology Inc | $31.2M | 11.0% | |
| SKYWSkywest Inc | $17.8M | 6.3% | |
| MOHMolina Healthcare Inc | $14.0M | 4.9% | |
| PARPar Technology Corp | $12.2M | 4.3% | |
| AMRCAmeresco Inc | $12.1M | 4.3% | |
| RRGBRed Robin Gourmet Burgers In | $10.8M | 3.8% | |
| AIOTPowerfleet Inc | $9.1M | 3.2% | |
| Burford Capital LimitedCUSIP G17977110 | $7.2M | 2.5% | |
| TLFTandy Leather Factory Inc | $6.7M | 2.3% | |
| NNINelnet Inc | $6.1M | 2.1% | |
| EATBrinker Intl Inc | $5.5M | 2.0% | |
| INTUIntuit | $4.7M | 1.7% | |
| SNAPSnap Inc | $3.9M | 1.4% | New |
| BTMDBiote Corp | $3.9M | 1.4% | |
| HQIHirequest Inc | $3.0M | 1.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $31.9M |
| AMKRAmkor Technology Inc | March 31, 2021 | +263.7% | $31.2M |
| MOHMolina Healthcare Inc | March 31, 2026 | +71.6% | $14.0M |
| SGUStar Group LP | June 30, 2020 | +46.4% | $35.3M |
| RRGBRed Robin Gourmet Burgers In | December 31, 2024 | +45.5% | $10.8M |
| NNINelnet Inc | June 30, 2023 | +38.2% | $6.1M |
| PARPar Technology Corp | March 31, 2026 | +30.7% | $12.2M |
| SKYWSkywest Inc | June 30, 2024 | +21.0% | $17.8M |
| EATBrinker Intl Inc | March 31, 2026 | +17.7% | $5.5M |
| AMRCAmeresco Inc | June 30, 2020 | −0.6% | $12.1M |
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +24.7% | +14.8% |
| March 31, 2026 | −9.5% | −4.6% |
| December 31, 2025 | −1.0% | +2.4% |
| September 30, 2025 | +4.0% | +7.8% |
| June 30, 2025 | +0.6% | +10.5% |
| March 31, 2025 | −4.9% | −4.6% |
| December 31, 2024 | −1.0% | +2.1% |
| September 30, 2024 | −4.1% | +5.4% |
| June 30, 2024 | +1.7% | +4.0% |
| March 31, 2024 | +4.6% | +10.0% |
| December 31, 2023 | +4.7% | +11.2% |
| September 30, 2023 | −9.4% | −3.6% |
| June 30, 2023 | +4.6% | +8.3% |
| March 31, 2023 | +11.9% | +7.0% |
| December 31, 2022 | +7.5% | +7.1% |
| September 30, 2022 | −0.8% | −5.3% |
| June 30, 2022 | −22.8% | −16.5% |
| March 31, 2022 | −8.7% | −4.9% |
| December 31, 2021 | −2.1% | +10.7% |
| September 30, 2021 | −2.8% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Bandera Partners LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1399386&type=13F-HR&dateb=&owner=include&count=40CIK 1399386
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1399386/000092189526002064/Filed August 12, 2026 · accession 0000921895-26-002064