LB Partners LLC Diversified Active

CIK: 0002007877 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Oct 31, 2025

Total Value ($000): $155,798 (100.0% shares, 0.0% debt)

Holdings (29)

GOGO GOGO INC 17.8%

Value ($000) $27,737 Shares 3,228,979 Est. Cost $10.39 Unrealized +22.0%

— WIDEOPENWEST INC 12.8%

Value ($000) $20,006 Shares 3,877,126 Est. Cost $3.96 Unrealized —

RELY REMITLY GLOBAL INC 10.6%

Value ($000) $16,554 Shares 1,015,584 Est. Cost $17.02 Unrealized +5.4%

TIGO MILLICOM INTL CELLULAR S A 9.7%

Value ($000) $15,144 Shares 312,000 Est. Cost $16.64 Unrealized +163.7%

COF CAPITAL ONE FINL CORP 8.7%

Value ($000) $13,617 Shares 64,056 Est. Cost $185.05 Unrealized +17.7%

LPRO OPEN LENDING CORP 6.8%

Value ($000) $10,657 Shares 5,050,841 Est. Cost $1.62 Unrealized +39.9%

AXP AMERICAN EXPRESS CO 6.8%

Value ($000) $10,629 Shares 32,000 Est. Cost $156.99 Unrealized +101.6%

OPFI OPPFI INC 3.6%

Value ($000) $5,665 Shares 500,000 Est. Cost $3.32 Unrealized +238.3%

GOOGL ALPHABET INC 3.0%

Value ($000) $4,619 Shares 19,000 Est. Cost $133.35 Unrealized +56.9%

LQDA LIQUIDIA CORPORATION 2.9%

Value ($000) $4,548 Shares 200,000 Est. Cost $7.20 Unrealized +201.3%

NIQ NIQ GLOBAL INTELLIGENCE PLC 2.0%

Value ($000) $3,057 Shares 194,700 Est. Cost $17.40 Unrealized 0.0%

THRY THRYV HLDGS INC 1.9%

Value ($000) $3,011 Shares 249,705 Est. Cost $15.19 Unrealized -16.7%

DBRG DIGITALBRIDGE GROUP INC 1.6%

Value ($000) $2,457 Shares 210,000 Est. Cost $12.64 Unrealized -11.8%

SPT SPROUT SOCIAL INC 1.6%

Value ($000) $2,455 Shares 190,000 Est. Cost $16.32 Unrealized 0.0%

LBRDK LIBERTY BROADBAND CORP 1.6%

Value ($000) $2,419 Shares 38,075 Est. Cost $67.73 Unrealized +1.9%

KKR KKR & CO INC 1.4%

Value ($000) $2,222 Shares 17,100 Est. Cost $66.83 Unrealized +112.0%

IMXI INTERNATIONAL MNY EXPRESS IN 1.3%

Value ($000) $1,998 Shares 143,000 Est. Cost $16.69 Unrealized -25.8%

GOOG ALPHABET INC 1.3%

Value ($000) $1,948 Shares 8,000 Est. Cost $134.68 Unrealized +55.9%

FRPH FRP HLDGS INC 1.2%

Value ($000) $1,939 Shares 79,582 Est. Cost $29.32 Unrealized -11.4%

AMZN AMAZON COM INC 1.1%

Value ($000) $1,757 Shares 8,000 Est. Cost $197.89 Unrealized +14.4%

GTLB GITLAB INC 0.6%

Value ($000) $944 Shares 20,932 Est. Cost $45.75 Unrealized 0.0%

AMRZ AMRIZE LTD 0.3%

Value ($000) $485 Shares 10,000 Est. Cost $50.99 Unrealized 0.0%

TFPM TRIPLE FLAG PRECIOUS METAL 0.3%

Value ($000) $436 Shares 14,913 Est. Cost $13.09 Unrealized +97.5%

SGOL ETFS GOLD TR 0.3%

Value ($000) $405 Shares 11,000 Est. Cost $19.74 Unrealized —

SPGI S&P GLOBAL INC 0.2%

Value ($000) $365 Shares 750 Est. Cost $388.21 Unrealized +37.5%

GLIBK GCI LIBERTY INC 0.2%

Value ($000) $284 Shares 7,615 Est. Cost $35.27 Unrealized 0.0%

MTA METALLA ROYALTY & STREAMING 0.1%

Value ($000) $229 Shares 36,000 Est. Cost $2.89 Unrealized +63.9%

BSM BLACK STONE MINERALS L P 0.1%

Value ($000) $131 Shares 10,000 Est. Cost $15.96 Unrealized —

WU WESTERN UN CO 0.1%

Value ($000) $80 Shares 10,000 Est. Cost $7.99 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOGO	GOGO INC	3,228,979	$27,737	17.8%	$10.39	+22.0%	COM	38046C109
—	WIDEOPENWEST INC	3,877,126	$20,006	12.8%	$3.96	—	COM	96758W101
RELY	REMITLY GLOBAL INC	1,015,584	$16,554	10.6%	$17.02	+5.4%	COM	75960P104
TIGO	MILLICOM INTL CELLULAR S A	312,000	$15,144	9.7%	$16.64	+163.7%	COM STK	L6388F110
COF	CAPITAL ONE FINL CORP	64,056	$13,617	8.7%	$185.05	+17.7%	COM	14040H105
LPRO	OPEN LENDING CORP	5,050,841	$10,657	6.8%	$1.62	+39.9%	COM	68373J104
AXP	AMERICAN EXPRESS CO	32,000	$10,629	6.8%	$156.99	+101.6%	COM	025816109
OPFI	OPPFI INC	500,000	$5,665	3.6%	$3.32	+238.3%	COM CL A	68386H103
GOOGL	ALPHABET INC	19,000	$4,619	3.0%	$133.35	+56.9%	CAP STK CL A	02079K305
LQDA	LIQUIDIA CORPORATION	200,000	$4,548	2.9%	$7.20	+201.3%	COM NEW	53635D202
NIQ	NIQ GLOBAL INTELLIGENCE PLC	194,700	$3,057	2.0%	$17.40	0.0%	ORDINARY SHARES	G63755105
THRY	THRYV HLDGS INC	249,705	$3,011	1.9%	$15.19	-16.7%	COM NEW	886029206
DBRG	DIGITALBRIDGE GROUP INC	210,000	$2,457	1.6%	$12.64	-11.8%	CL A NEW	25401T603
SPT	SPROUT SOCIAL INC	190,000	$2,455	1.6%	$16.32	0.0%	COM CL A	85209W109
LBRDK	LIBERTY BROADBAND CORP	38,075	$2,419	1.6%	$67.73	+1.9%	COM SER C	530307305
KKR	KKR & CO INC	17,100	$2,222	1.4%	$66.83	+112.0%	COM	48251W104
IMXI	INTERNATIONAL MNY EXPRESS IN	143,000	$1,998	1.3%	$16.69	-25.8%	COM	46005L101
GOOG	ALPHABET INC	8,000	$1,948	1.3%	$134.68	+55.9%	CAP STK CL C	02079K107
FRPH	FRP HLDGS INC	79,582	$1,939	1.2%	$29.32	-11.4%	COM	30292L107
AMZN	AMAZON COM INC	8,000	$1,757	1.1%	$197.89	+14.4%	COM	023135106
GTLB	GITLAB INC	20,932	$944	0.6%	$45.75	0.0%	CLASS A COM	37637K108
AMRZ	AMRIZE LTD	10,000	$485	0.3%	$50.99	0.0%	SHS	H2927K103
TFPM	TRIPLE FLAG PRECIOUS METAL	14,913	$436	0.3%	$13.09	+97.5%	COM	89679M104
SGOL	ETFS GOLD TR	11,000	$405	0.3%	$19.74	—	PHYSCL GOLD SHS	00326A104
SPGI	S&P GLOBAL INC	750	$365	0.2%	$388.21	+37.5%	COM	78409V104
GLIBK	GCI LIBERTY INC	7,615	$284	0.2%	$35.27	0.0%	COM SER C	36164V800
MTA	METALLA ROYALTY & STREAMING	36,000	$229	0.1%	$2.89	+63.9%	COM NEW	59124U605
BSM	BLACK STONE MINERALS L P	10,000	$131	0.1%	$15.96	—	COM UNIT	09225M101
WU	WESTERN UN CO	10,000	$80	0.1%	$7.99	—	COM	959802109