MAGNOLIA GROUP, LLC Diversified Active

CIK: 0001618376 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 3, 2026

Total Value ($000): $606,508 (100.0% shares, 0.0% debt)

Holdings (12)

New Positions (2)

LW LAMB WESTON HLDGS INC 1.5%

Value ($000) $8,902 Shares 212,500 Est. Cost $58.72 Unrealized 0.0%

LEN/B LENNAR CORP 1.1%

Value ($000) $6,756 Shares 71,031 Est. Cost $112.76 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LW	LAMB WESTON HLDGS INC	212,500	$8,902	1.5%	$58.72	0.0%	COM	513272104
LEN/B	LENNAR CORP	71,031	$6,756	1.1%	$112.76	0.0%	CL B	526057302

Exited Positions (1)

HTLD HEARTLAND EXPRESS INC 0.7%

Value ($000) $4,062 Shares 484,700 Est. Cost $8.46 Unrealized -1.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HTLD	HEARTLAND EXPRESS INC	484,700	$4,062	0.7%	$8.46	-1.7%	—	422347104

Decreased Positions (4)

CCOI COGENT COMMUNICATIONS HLDGS 4.4%

Value ($000) $26,871 (-44.9%) Shares 1,246,337 (-2.0%) Est. Cost $47.61 Unrealized -38.1%

ABG ASBURY AUTOMOTIVE GROUP INC 10.7%

Value ($000) $64,939 (-6.0%) Shares 279,273 (-1.2%) Est. Cost $220.97 Unrealized +7.0%

CNR CORE NATURAL RESOURCES INC 9.8%

Value ($000) $59,257 (-3.0%) Shares 669,500 (-8.5%) Est. Cost $76.30 Unrealized +11.6%

PCYO PURE CYCLE CORP 3.6%

Value ($000) $22,124 (-4.1%) Shares 2,013,106 (-3.4%) Est. Cost $9.63 Unrealized +16.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCOI	COGENT COMMUNICATIONS HLDGS	1,246,337 (-2.0%)	$26,871 (-44.9%)	4.4%	$47.61	-38.1%	COM NEW	19239V302
ABG	ASBURY AUTOMOTIVE GROUP INC	279,273 (-1.2%)	$64,939 (-6.0%)	10.7%	$220.97	+7.0%	COM	043436104
CNR	CORE NATURAL RESOURCES INC	669,500 (-8.5%)	$59,257 (-3.0%)	9.8%	$76.30	+11.6%	COM SHS	218937100
PCYO	PURE CYCLE CORP	2,013,106 (-3.4%)	$22,124 (-4.1%)	3.6%	$9.63	+16.2%	COM NEW	746228303

Unchanged Positions (6)

NNI NELNET INC 36.6%

Value ($000) $221,907 Shares 1,668,976 Est. Cost $56.96 Unrealized +129.7%

ARLP ALLIANCE RESOURCE PARTNERS L 9.9%

Value ($000) $59,973 Shares 2,581,697 Est. Cost $15.12 Unrealized —

RMAX RE MAX HLDGS INC 3.6%

Value ($000) $21,762 Shares 2,867,198 Est. Cost $21.31 Unrealized -61.9%

CRMT AMERICAS CAR-MART INC 5.3%

Value ($000) $31,845 Shares 1,260,690 Est. Cost $70.48 Unrealized -65.9%

BOC BOSTON OMAHA CORP 11.4%

Value ($000) $69,139 Shares 5,589,253 Est. Cost $19.42 Unrealized -33.0%

OMCC OLD MKT CAP CORP 2.1%

Value ($000) $13,032 Shares 2,515,902 Est. Cost $6.62 Unrealized -20.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NNI	NELNET INC	1,668,976	$221,907	36.6%	$56.96	+129.7%	CL A	64031N108
ARLP	ALLIANCE RESOURCE PARTNERS L	2,581,697	$59,973	9.9%	$15.12	—	UT LTD PART	01877R108
RMAX	RE MAX HLDGS INC	2,867,198	$21,762	3.6%	$21.31	-61.9%	CL A	75524W108
CRMT	AMERICAS CAR-MART INC	1,260,690	$31,845	5.3%	$70.48	-65.9%	COM	03062T105
BOC	BOSTON OMAHA CORP	5,589,253	$69,139	11.4%	$19.42	-33.0%	CL A COM STK	101044105
OMCC	OLD MKT CAP CORP	2,515,902	$13,032	2.1%	$6.62	-20.9%	COM	65373A109