SANTA MONICA PARTNERS LP Long-Term Concentrated

Location: Palm Beach Gardens, FL

CIK: 0000904793 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 13, 2025

Total Value: $172M (100.0% shares, 0.0% debt)

Holdings (13)

MA Mastercard Incorporated - Common Stock 33.5%

Value $57.41M Shares 102,170 Share Price $561.94 Est. Cost/Share $142.19 Unrealized @ Report Date +294.1%

— Texas Pacific Land Corp. - Common Stock 33.3%

Value $57.04M Shares 53,991 Share Price $1056.40 Est. Cost/Share $541.41 Unrealized @ Report Date —

BCPC Balchem Corp. - Common Stock 11.1%

Value $19.11M Shares 120,014 Share Price $159.20 Est. Cost/Share $79.37 Unrealized @ Report Date +99.4%

BR Broadridge Financial Solutions, Inc. - Common Stock 5.8%

Value $9.914M Shares 40,793 Share Price $243.03 Est. Cost/Share $76.08 Unrealized @ Report Date +216.9%

GRMN Garmin Ltd. - Common Stock 5.0%

Value $8.506M Shares 40,755 Share Price $208.71 Est. Cost/Share $55.41 Unrealized @ Report Date +273.7%

BELFB Bel Fuse Inc. - Class B Common Stock 3.9%

Value $6.607M Shares 67,634 Share Price $97.69 Est. Cost/Share $25.83 Unrealized @ Report Date +277.6%

— Grayscale Bitcoin Trust ETF 3.2%

Value $5.508M Shares 64,932 Share Price $84.83 Est. Cost/Share $74.02 Unrealized @ Report Date —

BRK/A Berkshire Hathaway Inc. Common Stock 1.7%

Value $2.915M Shares 4 Share Price $728750.00 Est. Cost/Share $284799.47 Unrealized @ Report Date +155.9%

BELFA Bel Fuse Inc. - Class A Common Stock 1.2%

Value $2.106M Shares 23,434 Share Price $89.87 Est. Cost/Share $23.04 Unrealized @ Report Date +289.4%

LB Landbridge Company - Common Stock 0.6%

Value $946K Shares 14,000 Share Price $67.57 Est. Cost/Share $70.75 Unrealized @ Report Date -4.5%

— Grayscale Bitcoin Minitrust ETF 0.4%

Value $620K Shares 12,986 Share Price $47.74 Est. Cost/Share $41.89 Unrealized @ Report Date —

MCB Metropolitan Bank Holding Corp. - Common Stock 0.3%

Value $547K Shares 7,811 Share Price $70.03 Est. Cost/Share $43.58 Unrealized @ Report Date +59.6%

BNT Brookfield Wealth Solutions - Class A stock 0.2%

Value $285K Shares 4,603 Share Price $61.92 * Est. Cost/Share $31.31 Unrealized @ Report Date +31.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MA	Mastercard Incorporated - Common Stock	102,170	$57.41M	33.5%	$561.94	$142.19	+294.1%	COM	57636Q104
—	Texas Pacific Land Corp. - Common Stock	53,991	$57.04M	33.3%	$1056.40	$541.41	—	COM	882610108
BCPC	Balchem Corp. - Common Stock	120,014	$19.11M	11.1%	$159.20	$79.37	+99.4%	COM	057665200
BR	Broadridge Financial Solutions, Inc. - Common Stock	40,793	$9.914M	5.8%	$243.03	$76.08	+216.9%	COM	11133T103
GRMN	Garmin Ltd. - Common Stock	40,755	$8.506M	5.0%	$208.71	$55.41	+273.7%	COM	H2906T109
BELFB	Bel Fuse Inc. - Class B Common Stock	67,634	$6.607M	3.9%	$97.69	$25.83	+277.6%	CL B	077347300
—	Grayscale Bitcoin Trust ETF	64,932	$5.508M	3.2%	$84.83	$74.02	—	ETP	389930109
BRK/A	Berkshire Hathaway Inc. Common Stock	4	$2.915M	1.7%	$728750.00	$284799.47	+155.9%	CL A	084670108
BELFA	Bel Fuse Inc. - Class A Common Stock	23,434	$2.106M	1.2%	$89.87	$23.04	+289.4%	CL A	077347201
LB	Landbridge Company - Common Stock	14,000	$946K	0.6%	$67.57	$70.75	-4.5%	COM	514952100
—	Grayscale Bitcoin Minitrust ETF	12,986	$620K	0.4%	$47.74	$41.89	—	ETP	389930108
MCB	Metropolitan Bank Holding Corp. - Common Stock	7,811	$547K	0.3%	$70.03	$43.58	+59.6%	COM	591774104
BNT	Brookfield Wealth Solutions - Class A stock	4,603	$285K	0.2%	$61.92 *	$31.31	+31.4%	COM	G17434104