SANTA MONICA PARTNERS LP Long-Term Concentrated

Location: Palm Beach Gardens, FL

CIK: 0000904793 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 12, 2025

Total Value: $170M

Holdings (13)

MA Mastercard Incorporated - Common Stock 34.1%

Value $58.12M Shares 102,170 Est. Cost $142.19 Unrealized +303.3%

— Texas Pacific Land Corp. - Common Stock 29.6%

Value $50.41M Shares 53,991 Est. Cost $541.41 Unrealized —

BCPC Balchem Corp. - Common Stock 10.6%

Value $18.01M Shares 120,014 Est. Cost $79.37 Unrealized +97.3%

GRMN Garmin Ltd. - Common Stock 5.9%

Value $10.04M Shares 40,755 Est. Cost $55.41 Unrealized +313.5%

BR Broadridge Financial Solutions, Inc. - Common Stock 5.7%

Value $9.716M Shares 40,793 Est. Cost $76.08 Unrealized +225.0%

BELFB Bel Fuse Inc. - Class B Common Stock 5.6%

Value $9.538M Shares 67,634 Est. Cost $25.83 Unrealized +392.9%

— Grayscale Bitcoin Trust ETF 3.4%

Value $5.829M Shares 64,932 Est. Cost $74.02 Unrealized —

BRK/A Berkshire Hathaway Inc. Common Stock 1.8%

Value $3.017M Shares 4 Est. Cost $284799.47 Unrealized +155.2%

BELFA Bel Fuse Inc. - Class A Common Stock 1.6%

Value $2.727M Shares 23,434 Est. Cost $23.04 Unrealized +376.9%

LB Landbridge Company - Common Stock 0.9%

Value $1.494M Shares 28,000 Est. Cost $62.95 Unrealized -12.4%

— Grayscale Bitcoin Minitrust ETF 0.4%

Value $657K Shares 12,986 Est. Cost $41.89 Unrealized —

MCB Metropolitan Bank Holding Corp. - Common Stock 0.3%

Value $584K Shares 7,811 Est. Cost $43.58 Unrealized +71.5%

BNT Brookfield Wealth Solutions - Class A stock 0.2%

Value $315K Shares 4,603 Est. Cost $31.31 Unrealized +41.3%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MA	Mastercard Incorporated - Common Stock	102,170	$58.12M	34.1%	$142.19	+303.3%	—	57636Q104
—	Texas Pacific Land Corp. - Common Stock	53,991	$50.41M	29.6%	$541.41	—	—	882610108
BCPC	Balchem Corp. - Common Stock	120,014	$18.01M	10.6%	$79.37	+97.3%	—	057665200
GRMN	Garmin Ltd. - Common Stock	40,755	$10.04M	5.9%	$55.41	+313.5%	—	H2906T109
BR	Broadridge Financial Solutions, Inc. - Common Stock	40,793	$9.716M	5.7%	$76.08	+225.0%	—	11133T103
BELFB	Bel Fuse Inc. - Class B Common Stock	67,634	$9.538M	5.6%	$25.83	+392.9%	—	077347300
—	Grayscale Bitcoin Trust ETF	64,932	$5.829M	3.4%	$74.02	—	—	389930109
BRK/A	Berkshire Hathaway Inc. Common Stock	4	$3.017M	1.8%	$284799.47	+155.2%	—	084670108
BELFA	Bel Fuse Inc. - Class A Common Stock	23,434	$2.727M	1.6%	$23.04	+376.9%	—	077347201
LB	Landbridge Company - Common Stock	28,000	$1.494M	0.9%	$62.95	-12.4%	—	514952100
—	Grayscale Bitcoin Minitrust ETF	12,986	$657K	0.4%	$41.89	—	—	389930108
MCB	Metropolitan Bank Holding Corp. - Common Stock	7,811	$584K	0.3%	$43.58	+71.5%	—	591774104
BNT	Brookfield Wealth Solutions - Class A stock	4,603	$315K	0.2%	$31.31	+41.3%	—	G17434104