SANTA MONICA PARTNERS LP Long-Term Concentrated

Location: Palm Beach Gardens, FL

CIK: 0000904793 · Show all filings

Period: Q3 2026 (← Previous)

Filing Date: Oct 27, 2026

Total Value: $167M (100.0% shares, 0.0% debt)

Holdings (13)

Unchanged Positions (13)

— Texas Pacific Land Corp. - Common Stock 31.6%

Value $52.78M Shares 161,973 Share Price $325.83 Est. Cost/Share $371.95 Unrealized @ Report Date —

BELFB Bel Fuse Inc. - Class B Common Stock 9.9%

Value $16.51M Shares 67,634 Share Price $244.12 Est. Cost/Share $25.83 Unrealized @ Report Date +845.1%

MA Mastercard Incorporated - Common Stock 33.7%

Value $56.34M Shares 102,170 Share Price $551.47 Est. Cost/Share $142.19 Unrealized @ Report Date +287.8%

BELFA Bel Fuse Inc. - Class A Common Stock 2.8%

Value $4.633M Shares 23,434 Share Price $197.70 Est. Cost/Share $23.04 Unrealized @ Report Date +758.3%

GRMN Garmin Ltd. - Common Stock 7.0%

Value $11.69M Shares 40,755 Share Price $286.84 Est. Cost/Share $55.41 Unrealized @ Report Date +417.7%

— Grayscale Bitcoin Trust ETF 2.5%

Value $4.194M Shares 64,932 Share Price $64.59 Est. Cost/Share $74.02 Unrealized @ Report Date —

BR Broadridge Financial Solutions, Inc. - Common Stock 3.9%

Value $6.572M Shares 40,793 Share Price $161.11 Est. Cost/Share $76.08 Unrealized @ Report Date +111.8%

BCPC Balchem Corp. - Common Stock 5.0%

Value $8.429M Shares 51,100 Share Price $164.95 Est. Cost/Share $79.37 Unrealized @ Report Date +107.8%

— Grayscale Bitcoin Minitrust ETF 0.3%

Value $480K Shares 12,986 Share Price $36.96 Est. Cost/Share $41.89 Unrealized @ Report Date —

MCB Metropolitan Bank Holding Corp. - Common Stock 0.4%

Value $680K Shares 7,811 Share Price $87.06 Est. Cost/Share $43.58 Unrealized @ Report Date +99.9%

BNT Brookfield Wealth Solutions - Class A stock 0.2%

Value $251K Shares 6,904 Share Price $36.36 Est. Cost/Share $36.07 Unrealized @ Report Date +1.3%

LB Landbridge Company - Common Stock 0.9%

Value $1.461M Shares 18,000 Share Price $81.17 Est. Cost/Share $62.95 Unrealized @ Report Date +28.9%

BRK/A Berkshire Hathaway Inc. Common Stock 1.8%

Value $2.988M Shares 4 Share Price $747000.00 Est. Cost/Share $284799.47 Unrealized @ Report Date +162.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	Texas Pacific Land Corp. - Common Stock	161,973	$52.78M	31.6%	$325.83	$371.95	—	COM	882610108
BELFB	Bel Fuse Inc. - Class B Common Stock	67,634	$16.51M	9.9%	$244.12	$25.83	+845.1%	CL B	077347300
MA	Mastercard Incorporated - Common Stock	102,170	$56.34M	33.7%	$551.47	$142.19	+287.8%	COM	57636Q104
BELFA	Bel Fuse Inc. - Class A Common Stock	23,434	$4.633M	2.8%	$197.70	$23.04	+758.3%	CL A	077347201
GRMN	Garmin Ltd. - Common Stock	40,755	$11.69M	7.0%	$286.84	$55.41	+417.7%	COM	H2906T109
—	Grayscale Bitcoin Trust ETF	64,932	$4.194M	2.5%	$64.59	$74.02	—	ETP	389930109
BR	Broadridge Financial Solutions, Inc. - Common Stock	40,793	$6.572M	3.9%	$161.11	$76.08	+111.8%	COM	11133T103
BCPC	Balchem Corp. - Common Stock	51,100	$8.429M	5.0%	$164.95	$79.37	+107.8%	COM	057665200
—	Grayscale Bitcoin Minitrust ETF	12,986	$480K	0.3%	$36.96	$41.89	—	ETP	389930108
MCB	Metropolitan Bank Holding Corp. - Common Stock	7,811	$680K	0.4%	$87.06	$43.58	+99.9%	COM	591774104
BNT	Brookfield Wealth Solutions - Class A stock	6,904	$251K	0.2%	$36.36	$36.07	+1.3%	COM	G17434104
LB	Landbridge Company - Common Stock	18,000	$1.461M	0.9%	$81.17	$62.95	+28.9%	COM	514952100
BRK/A	Berkshire Hathaway Inc. Common Stock	4	$2.988M	1.8%	$747000.00	$284799.47	+162.3%	CL A	084670108