Makaira Partners LLC Activity Q4 2011-Q2 2024

Add to watchlist

Q2 2024

			Value		Shares		↓ Weighting
PGR	New	PROGRESSIVE ORD	$151,094,693	–	727,431	–	19.60%	–
CHTR	New	CHARTER COMMUNICATIONS CL A ORDcl a	$111,443,020	–	372,769	–	14.46%	–
LAMR	New	LAMAR ADVERTISING CL A REITcl a	$107,740,876	–	901,371	–	13.98%	–
	New	BATH AND BODY WORKS ORD	$94,553,835	–	2,421,353	–	12.26%	–
CDW	New	CDW ORD	$90,520,448	–	404,398	–	11.74%	–
DPZ	New	DOMINOS PIZZA ORD	$86,396,983	–	167,329	–	11.21%	–
KMX	New	CARMAX ORD	$51,720,395	–	705,214	–	6.71%	–
	New	SAVERS VALUE VILLAGE ORD	$27,417,600	–	2,240,000	–	3.56%	–
WHD	New	CACTUS CL A ORDcl a	$26,347,902	–	499,581	–	3.42%	–
LBRDK	New	LIBERTY BROADBAND SRS C ORD	$22,911,197	–	417,935	–	2.97%	–
HEIA	New	HEICO CL A ORDcl a	$824,048	–	4,642	–	0.11%	–

Q4 2023

			Value		Shares		↓ Weighting
HEIA	Exit	HEICO CL A ORDcl a	$0	–	-4,247	–	-0.07%	–
ZBRA	Exit	ZEBRA TECHNOLOGIES CL A ORDcl a	$0	–	-40,381	–	-1.24%	–
DPZ	Exit	DOMINOS PIZZA ORD	$0	–	-159,730	–	-7.89%	–
LAMR	Exit	LAMAR ADVERTISING CL A REITcl a	$0	–	-756,662	–	-8.24%	–
KMX	Exit	CARMAX ORD	$0	–	-1,095,488	–	-10.10%	–
	Exit	BATH AND BODY WORKS ORD	$0	–	-2,498,129	–	-11.01%	–
ATVI	Exit	ACTIVISION BLIZZARD ORD	$0	–	-976,584	–	-11.92%	–
CDW	Exit	CDW ORD	$0	–	-545,575	–	-14.35%	–
PGR	Exit	PROGRESSIVE ORD	$0	–	-798,063	–	-14.50%	–
LBRDK	Exit	LIBERTY BROADBAND SRS C ORD	$0	–	-1,736,858	–	-20.68%	–

Q3 2023

			Value		Shares		↓ Weighting
LBRDK	Buy	LIBERTY BROADBAND SRS C ORD	$158,609,873	+16.4%	1,736,858	+2.1%	20.68%	+12.1%
PGR	Buy	PROGRESSIVE ORD	$111,170,176	+7.4%	798,063	+2.1%	14.50%	+3.5%
CDW	Buy	CDW ORD	$110,075,212	+12.2%	545,575	+2.1%	14.35%	+8.1%
ATVI	Sell	ACTIVISION BLIZZARD ORD	$91,437,560	-6.2%	976,584	-15.5%	11.92%	-9.6%
	Sell	BATH AND BODY WORKS ORD	$84,436,760	-8.0%	2,498,129	-0.6%	11.01%	-11.4%
KMX	Buy	CARMAX ORD	$77,483,866	-13.7%	1,095,488	+2.1%	10.10%	-16.9%
LAMR	Buy	LAMAR ADVERTISING CL A REITcl a	$63,158,577	+10.8%	756,662	+31.7%	8.24%	+6.7%
DPZ	Buy	DOMINOS PIZZA ORD	$60,504,127	+14.7%	159,730	+2.1%	7.89%	+10.6%
ZBRA	Buy	ZEBRA TECHNOLOGIES CL A ORDcl a	$9,551,318	-18.3%	40,381	+2.2%	1.24%	-21.3%

Q2 2023

			Value		Shares		↓ Weighting
LBRDK	New	LIBERTY BROADBAND SRS C ORD	$136,301,798	–	1,701,433	–	18.45%	–
PGR	New	PROGRESSIVE ORD	$103,484,616	–	781,783	–	14.00%	–
CDW	New	CDW ORD	$98,070,658	–	534,445	–	13.27%	–
ATVI	New	ACTIVISION BLIZZARD ORD	$97,442,707	–	1,155,904	–	13.19%	–
	New	BATH AND BODY WORKS ORD	$91,769,213	–	2,514,342	–	12.42%	–
KMX	New	CARMAX ORD	$89,822,069	–	1,073,143	–	12.16%	–
LAMR	New	LAMAR ADVERTISING CL A REITcl a	$57,024,187	–	574,551	–	7.72%	–
DPZ	New	DOMINOS PIZZA ORD	$52,728,825	–	156,470	–	7.14%	–
ZBRA	New	ZEBRA TECHNOLOGIES CL A ORDcl a	$11,688,539	–	39,511	–	1.58%	–
HEIA	New	HEICO CL A ORDcl a	$597,128	–	4,247	–	0.08%	–

Q4 2022

			Value		Shares		↓ Weighting
HEIA	Exit	HEICO CL A ORDcl a	$0	–	-53,087	–	-1.01%	–
DPZ	Exit	DOMINOS PIZZA ORD	$0	–	-24,000	–	-1.23%	–
LAMR	Exit	LAMAR ADVERTISING CL A REITcl a	$0	–	-450,191	–	-6.15%	–
ZBRA	Exit	ZEBRA TECHNOLOGIES CL A ORDcl a	$0	–	-157,006	–	-6.81%	–
KMX	Exit	CARMAX ORD	$0	–	-926,201	–	-10.12%	–
CDW	Exit	CDW ORD	$0	–	-461,982	–	-11.93%	–
	Exit	BATH AND BODY WORKS ORD	$0	–	-2,329,179	–	-12.57%	–
PGR	Exit	PROGRESSIVE ORD	$0	–	-674,516	–	-12.97%	–
LBRDK	Exit	LIBERTY BROADBAND SRS C ORD	$0	–	-1,468,633	–	-17.94%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-1,566,167	–	-19.27%	–

Q3 2022

			Value		Shares		↓ Weighting
ATVI	Buy	ACTIVISION BLIZZARD INC	$116,429,000	+30.0%	1,566,167	+36.2%	19.27%	-4.7%
LBRDK	Buy	LIBERTY BROADBAND SRS C ORD	$108,385,000	-2.8%	1,468,633	+52.3%	17.94%	-28.8%
PGR	Buy	PROGRESSIVE ORD	$78,386,000	+52.1%	674,516	+52.2%	12.97%	+11.5%
	Buy	BATH AND BODY WORKS ORD	$75,931,000	+84.2%	2,329,179	+52.1%	12.57%	+35.0%
CDW	Buy	CDW ORD	$72,106,000	+51.0%	461,982	+52.5%	11.93%	+10.7%
KMX	Buy	CARMAX ORD	$61,148,000	+11.1%	926,201	+52.2%	10.12%	-18.6%
ZBRA	Buy	ZEBRA TECHNOLOGIES CL A ORDcl a	$41,137,000	+36.0%	157,006	+52.6%	6.81%	-0.3%
LAMR	Buy	LAMAR ADVERTISING CL A REITcl a	$37,136,000	+201.5%	450,191	+221.6%	6.15%	+121.0%
DPZ	New	DOMINOS PIZZA ORD	$7,445,000	–	24,000	–	1.23%	–
HEIA	Buy	HEICO CL A ORDcl a	$6,085,000	+68.9%	53,087	+55.3%	1.01%	+23.7%

Q2 2022

			Value		Shares		↓ Weighting
LBRDK	New	LIBERTY BROADBAND-C	$111,541,000	–	964,556	–	25.19%	–
ATVI	New	ACTIVISION BLIZZARD INC	$89,539,000	–	1,150,000	–	20.22%	–
KMX	New	CARMAX INC	$55,046,000	–	608,377	–	12.43%	–
PGR	New	PROGRESSIVE CORP	$51,531,000	–	443,203	–	11.64%	–
CDW	New	CDW CORP/DE	$47,738,000	–	302,982	–	10.78%	–
	New	BATH & BODY WORKS INC	$41,231,000	–	1,531,605	–	9.31%	–
ZBRA	New	ZEBRA TECHNOLOGIES CORP-CL Acl a	$30,241,000	–	102,879	–	6.83%	–
LAMR	New	LAMAR ADVERTISING CO-A	$12,316,000	–	140,000	–	2.78%	–
HEIA	New	HEICO CORP-CLASS Acl a	$3,603,000	–	34,191	–	0.81%	–

Q4 2021

			Value		Shares		↓ Weighting
HEIA	Exit	HEICO CORP NEW-CLASS Acl a	$0	–	-34,191	–	-0.86%	–
WHD	Exit	CACTUS INC - Acl a	$0	–	-135,000	–	-1.08%	–
PGR	Exit	PROGRESSIVE CORP	$0	–	-75,600	–	-1.44%	–
	Exit	VICTORIA'S SECRET AND CO	$0	–	-339,738	–	-3.97%	–
QRTEA	Exit	QURATE RETAIL INC-SERIES A	$0	–	-2,980,425	–	-6.42%	–
CDW	Exit	CDW CORP/DE	$0	–	-288,982	–	-11.12%	–
ZBRA	Exit	ZEBRA TECHNOLOGIES CORP-CL Acl a	$0	–	-107,879	–	-11.75%	–
KMX	Exit	CARMAX INC	$0	–	-437,377	–	-11.83%	–
	Exit	BATH & BODY WORKS INC	$0	–	-1,348,654	–	-17.97%	–
LBRDK	Exit	LIBERTY BROADBAND-C	$0	–	-919,556	–	-33.57%	–

Q3 2021

			Value		Shares		↓ Weighting
	New	BATH & BODY WORKS INC	$85,006,000	–	1,348,654	–	17.97%	–
	New	VICTORIA'S SECRET AND CO	$18,774,000	–	339,738	–	3.97%	–
PGR	New	PROGRESSIVE CORP	$6,833,000	–	75,600	–	1.44%	–
CDK	Exit	CDK GLOBAL INC	$0	–	-704,959	–	-6.95%	–
LB	Exit	L BRANDS INC	$0	–	-1,348,654	–	-19.28%	–

Q2 2021

			Value		Shares		↓ Weighting
LBRDK	New	LIBERTY BROADBAND - C	$159,690,000	–	919,556	–	31.67%	–
LB	New	L BRANDS INC	$97,184,000	–	1,348,654	–	19.28%	–
ZBRA	New	ZEBRA TECHNOLOGIES CORP - CL Acl a	$57,121,000	–	107,879	–	11.33%	–
KMX	New	CARMAX INC	$56,487,000	–	437,377	–	11.20%	–
CDW	New	CDW CORP/DE	$50,471,000	–	288,982	–	10.01%	–
QRTEA	New	QURATE RETAIL INC - SERIES Aseries a	$39,014,000	–	2,980,425	–	7.74%	–
CDK	New	CDK GLOBAL INC	$35,029,000	–	704,959	–	6.95%	–
WHD	New	CACTUS INC - A	$4,957,000	–	135,000	–	0.98%	–
HEIA	New	HEICO CORP - CLASS Acl a	$4,246,000	–	34,191	–	0.84%	–

Q4 2020

			Value		Shares		↓ Weighting
WHD	Exit	CACTUS INC - A	$0	–	-135,000	–	-0.72%	–
HEIA	Exit	HEICO CORP-CLASS Acl-a	$0	–	-34,191	–	-0.84%	–
ZBRA	Exit	ZEBRA TECHNOLOGIES CORP-CL Acl-a	$0	–	-107,879	–	-7.52%	–
CDK	Exit	CDK GLOBAL INC	$0	–	-654,959	–	-7.89%	–
CDW	Exit	CDW CORP/DE	$0	–	-288,982	–	-9.54%	–
QRTEA	Exit	QURATE RETAIL INC-SERIES Aseries a	$0	–	-5,029,916	–	-9.98%	–
KMX	Exit	CARMAX INC	$0	–	-437,377	–	-11.11%	–
GLIBA	Exit	GCI LIBERTY INC - CLASS Acl-a	$0	–	-532,492	–	-12.06%	–
LB	Exit	L BRANDS INC	$0	–	-1,848,654	–	-16.25%	–
LBRDK	Exit	LIBERTY BROADBAND-C	$0	–	-610,711	–	-24.10%	–

Q2 2020

			Value		Shares		↓ Weighting
LBRDK	New	LIBERTY BROADBAND - C	$75,704,000	–	610,711	–	23.50%	–
QRTEA	New	QURATE RETAIL INC - SERIES Aseries a	$47,784,000	–	5,029,916	–	14.84%	–
KMX	New	CARMAX INC	$39,167,000	–	437,377	–	12.16%	–
GLIBA	New	GCI LIBERTY INC - CLASS Acl a	$37,871,000	–	532,492	–	11.76%	–
CDW	New	CDW CORP/DE	$33,574,000	–	288,982	–	10.42%	–
LB	New	L BRANDS INC	$27,674,000	–	1,848,654	–	8.59%	–
ZBRA	New	ZEBRA TECHNOLOGIES CORP - CL Acl a	$27,612,000	–	107,879	–	8.57%	–
CDK	New	CDK GLOBAL INC	$27,128,000	–	654,959	–	8.42%	–
WHD	New	CACTUS INC - A	$2,785,000	–	135,000	–	0.86%	–
HEIA	New	HEICO CORP - CLASS Acl a	$2,778,000	–	34,191	–	0.86%	–

Q4 2019

			Value		Shares		↓ Weighting
CAAP	Exit	CORP AMERICA AIRPORTS SA	$0	–	-1,048,197	–	-0.76%	–
FOXA	Exit	FOX CORP - CLASS A	$0	–	-237,500	–	-1.19%	–
KMX	Exit	CARMAX INC	$0	–	-534,342	–	-7.48%	–
QRTEA	Exit	QURATE RETAIL INC-SERIES A	$0	–	-4,720,086	–	-7.74%	–
LB	Exit	L BRANDS INC	$0	–	-2,760,748	–	-8.60%	–
GLIBA	Exit	GCI LIBERTY INC - CLASS A	$0	–	-1,167,815	–	-11.53%	–
WAIR	Exit	WESCO AIRCRAFT HOLDINGS INC	$0	–	-6,958,250	–	-12.18%	–
ZBRA	Exit	ZEBRA TECHNOLOGIES CORP-CL Acl a	$0	–	-492,759	–	-16.18%	–
LBRDK	Exit	LIBERTY BROADBAND-C	$0	–	-982,500	–	-16.36%	–
CDW	Exit	CDW CORP/DE	$0	–	-917,310	–	-17.98%	–

Q3 2019

			Value		Shares		↓ Weighting
WAIR	Sell	WESCO AIRCRAFT HOLDINGS INC	$76,610,000	-36.2%	6,958,250	-35.7%	12.18%	-29.9%
LB	Buy	L BRANDS INC	$54,083,000	-22.1%	2,760,748	+3.8%	8.60%	-14.4%

Q2 2019

			Value		Shares		↓ Weighting
WAIR	New	WESCO AIRCRAFT HOLDINGS INC	$120,073,000	–	10,817,428	–	17.38%	–
ZBRA	New	ZEBRA TECHNOLOGIES CORP-CL Acl a	$103,228,000	–	492,759	–	14.94%	–
LBRDK	New	LIBERTY BROADBAND-C	$102,396,000	–	982,500	–	14.82%	–
CDW	New	CDW CORP/DE	$101,821,000	–	917,310	–	14.74%	–
GLIBA	New	GCI LIBERTY INC - CLASS A	$71,774,000	–	1,167,815	–	10.39%	–
LB	New	L BRANDS INC	$69,446,000	–	2,660,748	–	10.05%	–
QRTEA	New	QURATE RETAIL INC	$58,482,000	–	4,720,086	–	8.47%	–
KMX	New	CARMAX INC	$46,397,000	–	534,342	–	6.72%	–
FOXA	New	FOX CORP - CLASS A	$8,702,000	–	237,500	–	1.26%	–
CAAP	New	CORP AMERICA AIRPORTS SA	$8,459,000	–	1,048,197	–	1.22%	–

Q4 2018

			Value		Shares		↓ Weighting
CAAP	Exit	CORPORACION AMER ARPTS SA	$0	–	-1,326,379	–	-1.18%	–
LBRDK	Exit	LIBERTY BROADBAND CORP	$0	–	-603,970	–	-5.30%	–
COMM	Exit	COMMSCOPE HOLDING CO INC	$0	–	-1,821,309	–	-5.83%	–
IRM	Exit	IRON MTN INC	$0	–	-1,829,944	–	-6.57%	–
LB	Exit	L BRANDS INC	$0	–	-3,764,372	–	-11.87%	–
WAIR	Exit	WESCO AIRCRAFT HOLDINGS INC	$0	–	-10,817,428	–	-12.66%	–
CDW	Exit	CDW CORP	$0	–	-1,402,420	–	-12.97%	–
ZBRA	Exit	ZEBRA TECHNOLOGIES CORP	$0	–	-753,010	–	-13.85%	–
GLIBA	Exit	GCI LIBERTY INC	$0	–	-2,669,682	–	-14.16%	–
QRTEA	Exit	QURATE RETAIL INC	$0	–	-6,754,597	–	-15.61%	–

Q3 2018

			Value		Shares		↓ Weighting
QRTEA	Buy	QURATE RETAIL INC	$150,020,000	+9.0%	6,754,597	+4.1%	15.61%	-0.0%
GLIBA	Buy	GCI LIBERTY INC	$136,154,000	+29.6%	2,669,682	+14.6%	14.16%	+18.9%
LB	Buy	L BRANDS INC	$114,060,000	-8.1%	3,764,372	+11.9%	11.87%	-15.7%
CAAP	Buy	CORPORACION AMER ARPTS SA	$11,327,000	+24.7%	1,326,379	+23.2%	1.18%	+14.4%

Q2 2018

			Value		Shares		↓ Weighting
QRTEA	New	QURATE RETAIL INC	$137,677,000	–	6,488,097	–	15.61%	–
LB	New	L BRANDS INC	$124,078,000	–	3,364,372	–	14.07%	–
WAIR	New	WESCO AIRCRAFT HOLDINGS INC	$121,696,000	–	10,817,428	–	13.80%	–
CDW	New	CDW CORP	$113,302,000	–	1,402,420	–	12.85%	–
ZBRA	New	ZEBRA TECHNOLOGIES CORP	$107,869,000	–	753,010	–	12.23%	–
GLIBA	New	GCI LIBERTY INC	$105,038,000	–	2,330,043	–	11.91%	–
IRM	New	IRON MTN INC	$64,066,000	–	1,829,944	–	7.27%	–
COMM	New	COMMSCOPE HOLDING CO INC	$53,191,000	–	1,821,309	–	6.03%	–
LBRDK	New	LIBERTY BROADBAND CORP	$45,733,000	–	603,970	–	5.19%	–
CAAP	New	CORPORACION AMER ARPTS SA	$9,085,000	–	1,076,379	–	1.03%	–

Q4 2017

			Value		Shares		↓ Weighting
CHUBA	Exit	COMMERCEHUB INC	$0	–	-44,458	–	-0.13%	–
CHUBK	Exit	COMMERCEHUB INC	$0	–	-88,913	–	-0.25%	–
CACC	Exit	CREDIT ACCEP CORP MICH	$0	–	-22,170	–	-0.81%	–
MMS	Exit	MAXIMUS INC	$0	–	-142,249	–	-1.19%	–
LVNTA	Exit	LIBERTY INTERACTIVE CORP	$0	–	-471,099	–	-3.52%	–
VMI	Exit	VALMONT INDS INC	$0	–	-297,620	–	-6.11%	–
IRM	Exit	IRON MTN INC NEW	$0	–	-1,918,793	–	-9.69%	–
COMM	Exit	COMMSCOPE HLDG CO INC	$0	–	-2,307,447	–	-9.95%	–
WAIR	Exit	WESCO AIRCRAFT HLDGS INC	$0	–	-10,173,818	–	-12.42%	–
CDW	Exit	CDW CORP	$0	–	-1,882,800	–	-16.13%	–
ZBRA	Exit	ZEBRA TECHNOLOGIES CORPcl a	$0	–	-1,203,180	–	-16.96%	–
QRTEA	Exit	LIBERTY INTERACTIVE CORP	$0	–	-7,469,987	–	-22.86%	–

Q3 2017

			Value		Shares		↓ Weighting
QRTEA	Sell	LIBERTY INTERACTIVE CORP	$176,068,000	-4.6%	7,469,987	-0.6%	22.86%	-5.2%
ZBRA	Sell	ZEBRA TECHNOLOGIES CORPcl a	$130,641,000	+7.3%	1,203,180	-0.6%	16.96%	+6.7%
CDW	Sell	CDW CORP	$124,265,000	+4.9%	1,882,800	-0.6%	16.13%	+4.2%
WAIR	Buy	WESCO AIRCRAFT HLDGS INC	$95,634,000	-8.7%	10,173,818	+5.4%	12.42%	-9.2%
COMM	Buy	COMMSCOPE HLDG CO INC	$76,630,000	-0.4%	2,307,447	+14.1%	9.95%	-1.0%
IRM	Sell	IRON MTN INC NEW	$74,641,000	+12.5%	1,918,793	-0.6%	9.69%	+11.8%
VMI	Sell	VALMONT INDS INC	$47,054,000	+5.0%	297,620	-0.6%	6.11%	+4.3%
LVNTA	Buy	LIBERTY INTERACTIVE CORP	$27,112,000	+27.7%	471,099	+16.0%	3.52%	+26.9%
MMS	Sell	MAXIMUS INC	$9,175,000	+2.3%	142,249	-0.6%	1.19%	+1.7%
CACC	Sell	CREDIT ACCEP CORP MICH	$6,211,000	+8.5%	22,170	-0.4%	0.81%	+7.8%
CHUBK	Sell	COMMERCEHUB INC	$1,898,000	+22.0%	88,913	-0.4%	0.25%	+21.2%
CHUBA	Sell	COMMERCEHUB INC	$1,003,000	+29.1%	44,458	-0.4%	0.13%	+27.5%
LEXEA	Exit	LIBERTY EXPEDIA HOLDINGS INC	$0	–	-180,762	–	-1.28%	–

Q2 2017

			Value		Shares		↓ Weighting
QRTEA	New	LIBERTY INTERACTIVE CORP	$184,488,000	–	7,517,833	–	24.10%	–
ZBRA	New	ZEBRA TECHNOLOGIES CORP	$121,718,000	–	1,210,886	–	15.90%	–
CDW	New	CDW CORP	$118,486,000	–	1,894,862	–	15.48%	–
WAIR	New	WESCO AIRCRAFT HLDG INC	$104,702,000	–	9,649,938	–	13.68%	–
COMM	New	COMMSCOPE HOLDING CO INC	$76,906,000	–	2,022,247	–	10.05%	–
IRM	New	IRON MTN INC	$66,350,000	–	1,931,021	–	8.67%	–
VMI	New	VALMONT INDUSTRIES INC	$44,809,000	–	299,525	–	5.85%	–
LVNTA	New	LIBERTY VENTURES	$21,227,000	–	405,949	–	2.77%	–
LEXEA	New	LIBERTY EXPEDIA HOLDINGS INC	$9,765,000	–	180,762	–	1.28%	–
MMS	New	MAXIMUS INC	$8,966,000	–	143,153	–	1.17%	–
CACC	New	CREDIT ACCEPTANCE CORP	$5,722,000	–	22,252	–	0.75%	–
CHUBK	New	COMMERCEHUB INC	$1,556,000	–	89,232	–	0.20%	–
CHUBA	New	COMMERCEHUB INC	$777,000	–	44,617	–	0.10%	–

Q4 2016

			Value		Shares		↓ Weighting
CHUBA	Exit	COMMERCEHUB INC	$0	–	-41,092	–	-0.10%	–
CHUBK	Exit	COMMERCEHUB INC	$0	–	-82,183	–	-0.20%	–
MMS	Exit	MAXIMUS INC	$0	–	-137,653	–	-1.18%	–
LVNTA	Exit	LIBERTY VENTURES	$0	–	-414,971	–	-2.50%	–
CACC	Exit	CREDIT ACCEPTANCE CORP	$0	–	-155,000	–	-4.71%	–
COMM	Exit	COMMSCOPE HOLDING CO INC	$0	–	-1,959,129	–	-8.91%	–
IRM	Exit	IRON MTN INC	$0	–	-1,674,356	–	-9.50%	–
ZBRA	Exit	ZEBRA TECHNOLOGIES CORP	$0	–	-1,179,162	–	-12.40%	–
CDW	Exit	CDW CORP	$0	–	-1,833,720	–	-12.67%	–
VMI	Exit	VALMONT INDUSTRIES INC	$0	–	-662,445	–	-13.47%	–
WAIR	Exit	WESCO AIRCRAFT HLDG INC	$0	–	-8,175,308	–	-16.59%	–
QRTEA	Exit	LIBERTY INTERACTIVE CORP	$0	–	-5,879,337	–	-17.78%	–

Q3 2016

			Value		Shares		↓ Weighting
QRTEA	Buy	LIBERTY INTERACTIVE CORP	$117,646,000	+52.1%	5,879,337	+92.9%	17.78%	+57.1%
WAIR	Buy	WESCO AIRCRAFT HLDG INC	$109,794,000	+1.9%	8,175,308	+1.9%	16.59%	+5.3%
VMI	Sell	VALMONT INDUSTRIES INC	$89,145,000	-1.2%	662,445	-0.7%	13.47%	+2.0%
CDW	Sell	CDW CORP	$83,856,000	-7.7%	1,833,720	-19.1%	12.67%	-4.7%
ZBRA	Sell	ZEBRA TECHNOLOGIES CORP	$82,081,000	+19.6%	1,179,162	-13.9%	12.40%	+23.5%
IRM	Sell	IRON MTN INC	$62,839,000	-35.9%	1,674,356	-31.9%	9.50%	-33.7%
COMM	Buy	COMMSCOPE HOLDING CO INC	$58,989,000	+23.5%	1,959,129	+27.3%	8.91%	+27.5%
CACC	Sell	CREDIT ACCEPTANCE CORP	$31,166,000	-17.9%	155,000	-24.4%	4.71%	-15.2%
LVNTA	Sell	LIBERTY VENTURES	$16,545,000	+6.2%	414,971	-1.2%	2.50%	+9.7%
MMS	Sell	MAXIMUS INC	$7,786,000	-68.2%	137,653	-68.8%	1.18%	-67.1%
CHUBK	New	COMMERCEHUB INC	$1,308,000	–	82,183	–	0.20%	–
CHUBA	New	COMMERCEHUB INC	$649,000	–	41,092	–	0.10%	–
VRSN	Exit	VERISIGN INC	$0	–	-110,031	–	-1.39%	–
CPLA	Exit	CAPELLA EDUCATION CO	$0	–	-294,505	–	-2.27%	–

Q2 2016

			Value		Shares		↓ Weighting
WAIR	New	WESCO AIRCRAFT HLDG INC	$107,700,000	–	8,025,308	–	15.76%	–
IRM	New	IRON MTN INC	$97,961,000	–	2,459,468	–	14.33%	–
CDW	New	CDW CORP	$90,843,000	–	2,266,550	–	13.29%	–
VMI	New	VALMONT INDUSTRIES INC	$90,270,000	–	667,334	–	13.21%	–
QRTEA	New	LIBERTY INTERACTIVE CORP	$77,336,000	–	3,048,317	–	11.31%	–
ZBRA	New	ZEBRA TECHNOLOGIES CORP	$68,648,000	–	1,370,227	–	10.04%	–
COMM	New	COMMSCOPE HOLDING CO INC	$47,764,000	–	1,539,300	–	6.99%	–
CACC	New	CREDIT ACCEPTANCE CORP	$37,941,000	–	205,000	–	5.55%	–
MMS	New	MAXIMUS INC	$24,457,000	–	441,700	–	3.58%	–
LVNTA	New	LIBERTY VENTURES	$15,577,000	–	420,194	–	2.28%	–
CPLA	New	CAPELLA EDUCATION CO	$15,503,000	–	294,505	–	2.27%	–
VRSN	New	VERISIGN INC	$9,513,000	–	110,031	–	1.39%	–

Q4 2015

			Value		Shares		↓ Weighting
KEX	Exit	KIRBY CORPORATION	$0	–	-67,600	–	-0.68%	–
MMS	Exit	MAXIMUS INC.	$0	–	-133,300	–	-1.29%	–
LVNTA	Exit	LIBERTY VENTURES	$0	–	-420,194	–	-2.76%	–
CPLA	Exit	CAPELLA EDUCATION CO	$0	–	-594,940	–	-4.79%	–
UBNT	Exit	UBIQUITY NETWORKS	$0	–	-1,133,908	–	-6.25%	–
VRSN	Exit	VERISIGN INC	$0	–	-576,969	–	-6.62%	–
CVA	Exit	COVANTA HOLDING CORP	$0	–	-3,307,461	–	-9.39%	–
QRTEA	Exit	LIBERTY INTERACTIVE CORP	$0	–	-2,830,442	–	-12.08%	–
VMI	Exit	VALMONT INDUSTRIES INC	$0	–	-831,219	–	-12.83%	–
IRM	Exit	IRON MTN INC	$0	–	-2,616,117	–	-13.20%	–
WAIR	Exit	WESCO AIRCRAFT HLDG INC	$0	–	-7,322,212	–	-14.53%	–
CDW	Exit	CDW CORP	$0	–	-2,343,810	–	-15.58%	–

Q3 2015

			Value		Shares		↓ Weighting
CDW	Sell	CDW CORP	$95,768,000	+17.3%	2,343,810	-1.6%	15.58%	+24.2%
IRM	Buy	IRON MTN INC	$81,152,000	+20.0%	2,616,117	+20.0%	13.20%	+27.1%
VMI	Buy	VALMONT INDUSTRIES INC	$78,874,000	+33.5%	831,219	+67.2%	12.83%	+41.4%
QRTEA	Sell	LIBERTY INTERACTIVE CORP	$74,242,000	-7.2%	2,830,442	-1.8%	12.08%	-1.7%
CVA	Buy	COVANTA HOLDING CORP	$57,715,000	-9.5%	3,307,461	+9.9%	9.39%	-4.1%
VRSN	Sell	VERISIGN INC	$40,711,000	-51.5%	576,969	-57.6%	6.62%	-48.7%
UBNT	Sell	UBIQUITY NETWORKS	$38,428,000	+5.3%	1,133,908	-0.8%	6.25%	+11.5%
CPLA	Buy	CAPELLA EDUCATION CO	$29,461,000	+2.4%	594,940	+11.0%	4.79%	+8.4%
LVNTA	Buy	LIBERTY VENTURES	$16,955,000	+5.4%	420,194	+2.6%	2.76%	+11.6%
MMS	Sell	MAXIMUS INC.	$7,939,000	-10.5%	133,300	-1.3%	1.29%	-5.3%
KEX	New	KIRBY CORPORATION	$4,188,000	–	67,600	–	0.68%	–
DORM	Exit	DORMAN PRODUCTS INC	$0	–	-289,966	–	-2.12%	–

Q2 2015

			Value		Shares		↓ Weighting
WAIR	New	WESCO AIRCRAFT HLDG INC	$110,932,000	–	7,322,212	–	17.04%	–
VRSN	New	VERISIGN INC	$84,011,000	–	1,361,169	–	12.90%	–
CDW	New	CDW CORP	$81,662,000	–	2,382,210	–	12.54%	–
QRTEA	New	LIBERTY INTERACTIVE CORP	$79,968,000	–	2,881,742	–	12.28%	–
IRM	New	IRON MTN INC	$67,599,000	–	2,180,610	–	10.38%	–
CVA	New	COVANTA HOLDING CORP	$63,764,000	–	3,009,161	–	9.79%	–
VMI	New	VALMONT INDUSTRIES INC	$59,090,000	–	497,100	–	9.08%	–
UBNT	New	UBIQUITY NETWORKS	$36,489,000	–	1,143,308	–	5.60%	–
CPLA	New	CAPELLA EDUCATION CO	$28,773,000	–	536,117	–	4.42%	–
LVNTA	New	LIBERTY VENTURES	$16,089,000	–	409,694	–	2.47%	–
DORM	New	DORMAN PRODUCTS INC	$13,820,000	–	289,966	–	2.12%	–
MMS	New	MAXIMUS INC.	$8,874,000	–	135,000	–	1.36%	–

Q4 2014

			Value		Shares		↓ Weighting
VMI	Exit	VALMONT INDUSTRIES INC	$0	–	-99,421	–	-2.34%	–
TWC	Exit	TIME WARNER CABLE INC	$0	–	-170,513	–	-4.27%	–
CPLA	Exit	CAPELLA EDUCATION CO	$0	–	-474,857	–	-5.19%	–
CXW	Exit	CORRECTIONS CORP	$0	–	-1,287,751	–	-7.72%	–
IRM	Exit	IRON MTN INC	$0	–	-1,934,151	–	-11.02%	–
CVA	Exit	COVANTA HOLDING CORP	$0	–	-3,159,161	–	-11.70%	–
CDW	Exit	CDW CORP	$0	–	-2,382,210	–	-12.91%	–
VRSN	Exit	VERISIGN INC	$0	–	-1,361,169	–	-13.09%	–
QRTEA	Exit	LIBERTY INTERACTIVE CORP	$0	–	-2,881,742	–	-14.34%	–
WAIR	Exit	WESCO AIRCRAFT HLDG INC	$0	–	-5,742,827	–	-17.43%	–

Q3 2014

			Value		Shares		↓ Weighting
WAIR	Buy	WESCO AIRCRAFT HLDG INC	$99,925,000	+0.3%	5,742,827	+15.1%	17.43%	+5.6%
CDW	Sell	CDW CORP	$73,968,000	-29.4%	2,382,210	-27.5%	12.91%	-25.7%
CVA	Sell	COVANTA HOLDING CORP	$67,037,000	-2.9%	3,159,161	-5.7%	11.70%	+2.3%
IRM	Sell	IRON MTN INC	$63,150,000	-10.8%	1,934,151	-3.1%	11.02%	-6.0%

Q2 2014

			Value		Shares		↓ Weighting
CDW	New	CDW CORP	$104,797,000	–	3,287,227	–	17.36%	–
WAIR	New	WESCO AIRCRAFT HLDG INC	$99,622,000	–	4,991,103	–	16.50%	–
QRTEA	New	LIBERTY INTERACTIVE CORP	$84,608,000	–	2,881,742	–	14.02%	–
IRM	New	IRON MTN INC	$70,767,000	–	1,996,251	–	11.72%	–
CVA	New	COVANTA HOLDING CORP	$69,017,000	–	3,348,718	–	11.43%	–
VRSN	New	VERISIGN INC	$66,439,000	–	1,361,169	–	11.01%	–
CXW	New	CORRECTIONS CORP	$42,303,000	–	1,287,751	–	7.01%	–
CPLA	New	CAPELLA EDUCATION CO	$25,827,000	–	474,857	–	4.28%	–
TWC	New	TIME WARNER CABLE INC	$25,117,000	–	170,513	–	4.16%	–
VMI	New	VALMONT INDUSTRIES INC	$15,107,000	–	99,421	–	2.50%	–

Q4 2013

			Value		Shares		↓ Weighting
LVNTA	Exit	LIBERTY VENTURES SERIES A	$0	–	-153,739	–	-2.88%	–
TWC	Exit	TIME WARNER CABLE INC	$0	–	-171,684	–	-4.07%	–
CPLA	Exit	CAPELLA EDUCATION CO	$0	–	-681,357	–	-8.18%	–
VRSN	Exit	VERISIGN INC	$0	–	-807,095	–	-8.72%	–
CXW	Exit	CORRECTIONS CORP	$0	–	-1,191,010	–	-8.74%	–
IRM	Exit	IRON MTN INC	$0	–	-1,818,007	–	-10.43%	–
CVA	Exit	COVANTA HOLDING CORP	$0	–	-2,413,543	–	-10.96%	–
CDWC	Exit	CDW CORP	$0	–	-2,460,229	–	-11.93%	–
QRTEA	Exit	LIBERTY INTERACTIVE CORP	$0	–	-2,901,615	–	-14.46%	–
WAIR	Exit	WESCO AIRCRAFT HLDG INC	$0	–	-4,419,089	–	-19.64%	–

Q3 2013

			Value		Shares		↓ Weighting
WAIR	Buy	WESCO AIRCRAFT HLDG INC	$92,492,000	+27.1%	4,419,089	+12.8%	19.64%	+24.9%
CDWC	Buy	CDW CORP	$56,167,000	+70.9%	2,460,229	+39.4%	11.93%	+68.0%
IRM	Buy	IRON MTN INC	$49,123,000	+9.5%	1,818,007	+7.9%	10.43%	+7.6%
CXW	Buy	CORRECTIONS CORP	$41,149,000	+45.0%	1,191,010	+42.1%	8.74%	+42.5%
TWC	Sell	TIME WARNER CABLE INC	$19,160,000	-54.2%	171,684	-53.8%	4.07%	-55.0%
WU	Exit	WESTERN UNION CO	$0	–	-2,898,779	–	-10.72%	–

Q2 2013

			Value		Shares		↓ Weighting
WAIR	New	WESCO AIRCRAFT HLDG INC	$72,777,000	–	3,919,089	–	15.72%	–
QRTEA	New	LIBERTY INTERACTIVE CORP	$66,766,000	–	2,901,615	–	14.42%	–
WU	New	WESTERN UNION CO	$49,598,000	–	2,898,779	–	10.72%	–
CVA	New	COVANTA HOLDING CORP	$48,319,000	–	2,413,543	–	10.44%	–
IRM	New	IRON MTN INC	$44,846,000	–	1,685,311	–	9.69%	–
TWC	New	TIME WARNER CABLE INC	$41,807,000	–	371,684	–	9.03%	–
VRSN	New	VERISIGN INC	$36,045,000	–	807,095	–	7.79%	–
CDWC	New	CDW CORP	$32,859,000	–	1,764,706	–	7.10%	–
CXW	New	CORRECTIONS CORP	$28,383,000	–	837,990	–	6.13%	–
CPLA	New	CAPELLA EDUCATION CO	$28,379,000	–	681,357	–	6.13%	–
LVNTA	New	LIBERTY VENTURES SERIES A	$13,069,000	–	153,739	–	2.82%	–

Compare quarters

Export Makaira Partners LLC's holdings