LB Partners LLC

CHARLOTTESVILLE, VA · CIK 2007877 · 13F filing filed 2026-07-30

SEC-registered investment adviser since 2024 · limited liability company

Assets managed$191.3m
Staff2 · 1 in investment roles
Main clients (by assets)Private funds 100%
Private funds4 (4 hedge) · $191.3m gross assets
Form ADV · 2026-07-29SEC adviser record

Legal entityLB Partners LLC (US)

Kindhedge funds
Others nearbyCharlottesville, VA

As an employer

Offices in1 country
Private fundshedge 4

$146.6m reported value +31.5% vs Q1 2026

34positions

80.1%in top 10

3 new 8 added 5 reduced 6 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	REMITLY GLOBAL INC COM RELY	RELY	1,268,000	$28.4m19.38%	19.38%	Reduced -261.2k	-261,195 -17.1%
2	NIQ GLOBAL INTELLIGENCE PLC ORDINARY SHARES NIQ	NIQ	1,932,168	$18.1m12.32%	12.32%	Added +1.5m	+1,532,468 383.4%
3	OPEN LENDING CORP COM LPRO	LPRO	4,850,841	$15.1m10.29%	10.29%	Reduced -550.0k	-550,000 -10.2%
4	CAPITAL ONE FINL CORP COM COF	COF	70,056	$14.1m9.58%	9.58%	Unchanged
5	AMERICAN EXPRESS CO COM AXP	AXP	30,000	$10.1m6.92%	6.92%	Unchanged
6	MILLICOM INTL CELLULAR S A COM STK TIGO	TIGO	77,000	$7.0m4.77%	4.77%	Reduced -66.0k	-66,000 -46.1%
7	MICRON TECHNOLOGY INC COM MU	MU	6,000	$6.9m4.72%	4.72%	Added +2.0k	+2,000 50.0%
8	ALPHABET INC CAP STK CL A GOOGL	GOOGL	19,000	$6.8m4.63%	4.63%	Unchanged
9	OPPFI INC COM CL A OPFI	OPFI	632,500	$6.3m4.28%	4.28%	Added +132.5k	+132,500 26.5%
10	SHIFT4 PMTS INC CL A FOUR	FOUR	96,000	$4.7m3.18%	3.18%	Added +66.0k	+66,000 220.0%
11	TOAST INC CL A TOST	TOST	155,000	$4.3m2.94%	2.94%	New
12	LIBERTY BROADBAND CORP COM SER C LBRDK	LBRDK	110,075	$3.7m2.50%	2.50%	Added +92.0k	+92,000 509.0%
13	SPROUT SOCIAL INC COM CL A SPT	SPT	479,733	$3.6m2.47%	2.47%	Reduced -1.0m	-1,031,246 -68.2%
14	ALPHABET INC CAP STK CL C GOOG	GOOG	8,000	$2.8m1.93%	1.93%	Unchanged
15	GOGO INC COM GOGO	GOGO	683,066	$2.1m1.44%	1.44%	Reduced -121.0k	-120,968 -15.1%
16	AMAZON COM INC COM AMZN	AMZN	8,000	$1.9m1.30%	1.30%	Unchanged
17	PDD HOLDINGS INC SPONSORED ADS PDD	PDD	22,000	$1.7m1.14%	1.14%	Unchanged
18	NVIDIA CORPORATION COM NVDA	NVDA	8,000	$1.6m1.09%	1.09%	Added +2.0k	+2,000 33.3%
19	KKR & CO INC COM KKR	KKR	17,100	$1.6m1.07%	1.07%	Unchanged
20	BBB FOODS INC CL A COM TBBB	TBBB	35,000	$1.5m0.99%	0.99%	Unchanged
21	PAYPAL HLDGS INC COM PYPL	PYPL	22,500	$971.5k0.66%	0.66%	Added +2.5k	+2,500 12.5%
22	TRIPLE FLAG PRECIOUS METAL COM TFPM	TFPM	14,913	$446.9k0.30%	0.30%	Unchanged
23	ETFS GOLD TR PHYSCL GOLD SHS SGOL	SGOL	11,000	$420.5k0.29%	0.29%	Unchanged
24	DEVON ENERGY CORP NEW COM DVN	DVN	10,000	$413.2k0.28%	0.28%	Unchanged
25	FACTSET RESH SYS INC COM FDS	FDS	1,685	$387.7k0.26%	0.26%	New
26	INTERNATIONAL MNY EXPRESS IN COM IMXI	IMXI	23,000	$332.4k0.23%	0.23%	Unchanged
27	S&P GLOBAL INC COM SPGI	SPGI	750	$305.4k0.21%	0.21%	Unchanged
28	METALLA RTY & STREAMING LTD COM NEW MTA	MTA	36,000	$274.0k0.19%	0.19%	Unchanged
29	FRP HLDGS INC COM FRPH	FRPH	9,582	$239.5k0.16%	0.16%	Unchanged
30	CHEVRON CORP NEW COM CVX	CVX	1,400	$232.1k0.16%	0.16%	Unchanged
31	BLACK STONE MINERALS L P COM UNIT BSM	BSM	10,000	$139.7k0.10%	0.10%	Unchanged
32	MIDCAP FINANCIAL INVSTMNT CO COM NEW MFIC	MFIC	12,000	$121.0k0.08%	0.08%	Added +2.0k	+2,000 20.0%
33	FS KKR CAP CORP COM FSK	FSK	11,164	$117.2k0.08%	0.08%	New
34	CABLE ONE INC NOTE 1.125% 3/1 · principal CABO 1.125 03.15.28 · principal	CABO 1.125 03.15.28	100,000	$67.5k0.05%	0.05%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
FISERV INC FISV	FISV	27,000	$1.5m27.0k shares
GITLAB INC GTLB	GTLB	60,000	$1.3m60.0k shares
GLOBAL PMTS INC GPN	GPN	10,000	$673.0k10.0k shares
SERVICENOW INC NOW	NOW	6,000	$627.3k6.0k shares
GCI LIBERTY INC GLIBK	GLIBK	10,815	$402.4k10.8k shares
OCCIDENTAL PETE CORP OXY	OXY	3,400	$221.0k3.4k shares