SANTA MONICA PARTNERS LP Long-Term Concentrated

Location: Palm Beach Gardens, FL

CIK: 0000904793 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $165M

Holdings (13)

MA Mastercard Incorporated - Common Stock 35.4%

Value $58.33M Shares 102,170 Est. Cost $142.19 Unrealized +293.1%

— Texas Pacific Land Corp. - Common Stock 28.2%

Value $46.52M Shares 161,973 Est. Cost $371.95 Unrealized —

BCPC Balchem Corp. - Common Stock 10.9%

Value $17.92M Shares 116,854 Est. Cost $79.37 Unrealized +91.2%

BELFB Bel Fuse Inc. - Class B Common Stock 7.0%

Value $11.47M Shares 67,634 Est. Cost $25.83 Unrealized +504.7%

BR Broadridge Financial Solutions, Inc. - Common Stock 5.5%

Value $9.104M Shares 40,793 Est. Cost $76.08 Unrealized +198.8%

GRMN Garmin Ltd. - Common Stock 5.0%

Value $8.267M Shares 40,755 Est. Cost $55.41 Unrealized +291.1%

— Grayscale Bitcoin Trust ETF 2.7%

Value $4.439M Shares 64,932 Est. Cost $74.02 Unrealized —

BELFA Bel Fuse Inc. - Class A Common Stock 2.2%

Value $3.557M Shares 23,434 Est. Cost $23.04 Unrealized +482.1%

BRK/A Berkshire Hathaway Inc. Common Stock 1.8%

Value $3.019M Shares 4 Est. Cost $284799.47 Unrealized +162.1%

LB Landbridge Company - Common Stock 0.5%

Value $882K Shares 18,000 Est. Cost $62.95 Unrealized -7.6%

MCB Metropolitan Bank Holding Corp. - Common Stock 0.4%

Value $596K Shares 7,811 Est. Cost $43.58 Unrealized +69.5%

— Grayscale Bitcoin Minitrust ETF 0.3%

Value $503K Shares 12,986 Est. Cost $41.89 Unrealized —

BNT Brookfield Wealth Solutions - Class A stock 0.2%

Value $318K Shares 6,904 Est. Cost $36.07 Unrealized +26.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MA	Mastercard Incorporated - Common Stock	102,170	$58.33M	35.4%	$142.19	+293.1%	—	57636Q104
—	Texas Pacific Land Corp. - Common Stock	161,973	$46.52M	28.2%	$371.95	—	—	882610108
BCPC	Balchem Corp. - Common Stock	116,854	$17.92M	10.9%	$79.37	+91.2%	—	057665200
BELFB	Bel Fuse Inc. - Class B Common Stock	67,634	$11.47M	7.0%	$25.83	+504.7%	—	077347300
BR	Broadridge Financial Solutions, Inc. - Common Stock	40,793	$9.104M	5.5%	$76.08	+198.8%	—	11133T103
GRMN	Garmin Ltd. - Common Stock	40,755	$8.267M	5.0%	$55.41	+291.1%	—	H2906T109
—	Grayscale Bitcoin Trust ETF	64,932	$4.439M	2.7%	$74.02	—	—	389930109
BELFA	Bel Fuse Inc. - Class A Common Stock	23,434	$3.557M	2.2%	$23.04	+482.1%	—	077347201
BRK/A	Berkshire Hathaway Inc. Common Stock	4	$3.019M	1.8%	$284799.47	+162.1%	—	084670108
LB	Landbridge Company - Common Stock	18,000	$882K	0.5%	$62.95	-7.6%	—	514952100
MCB	Metropolitan Bank Holding Corp. - Common Stock	7,811	$596K	0.4%	$43.58	+69.5%	—	591774104
—	Grayscale Bitcoin Minitrust ETF	12,986	$503K	0.3%	$41.89	—	—	389930108
BNT	Brookfield Wealth Solutions - Class A stock	6,904	$318K	0.2%	$36.07	+26.4%	—	G17434104