BOSTON OMAHA CORP BOC
CL A COM STK · Common Stock · CUSIP 101044105
- SectorReal estate
- IndustryReal Estate Operators (No Developers) & Lessors
- HeadquartersOmaha, NE
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($279.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.37. Options: 2 managers hold calls ($249.9k notional), 1 hold puts ($116.3k).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 102 |
| Q4 2022 | 106 |
| Q1 2023 | 114 |
| Q2 2023 | 115 |
| Q3 2023 | 120 |
| Q4 2023 | 136 |
| Q1 2024 | 134 |
| Q2 2024 | 124 |
| Q3 2024 | 127 |
| Q4 2024 | 131 |
| Q1 2025 | 133 |
| Q2 2025 | 130 |
| Q3 2025 | 123 |
| Q4 2025 | 120 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 55 | 58 |
| Q2 2024 | 61 | 58 |
| Q3 2024 | 53 | 47 |
| Q4 2024 | 52 | 52 |
| Q1 2025 | 53 | 48 |
| Q2 2025 | 47 | 54 |
| Q3 2025 | 49 | 59 |
| Q4 2025 | 49 | 57 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $264.8k | $158.9k | 0.60 |
| Q2 2025 | $370.2k | $15.0k | 0.04 |
| Q3 2025 | $168.7k | $121.0k | 0.72 |
| Q4 2025 | $249.9k | $116.3k | 0.47 |
Biggest buyers
| FIRST MANHATTAN CO. LLC. | New | +334.0k |
| Cetera Investment Advisers | New | +43.4k |
| Trexquant Investment LP | Added | +39.5k |
| GOLDMAN SACHS GROUP INC | Added | +31.3k |
| CITADEL ADVISORS LLC | Added | +30.9k |
| Elgethun Capital Management | Added | +27.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +21.6k |
| Balyasny Asset Management L.P. | New | +19.7k |
| Quantinno Capital Management LP | Added | +19.4k |
| Susquehanna Portfolio Strategies, LLC | Added | +18.1k |
Biggest sellers
| LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE | Sold out | -479.2k |
| Abacus Planning Group, Inc. | Sold out | -204.4k |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -193.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -84.0k |
| BANK OF AMERICA CORP /DE/ | Reduced | -42.1k |
| VANGUARD GROUP INC | Reduced | -41.6k |
| UBS Group AG | Reduced | -26.7k |
| Fenimore Asset Management Inc | Reduced | -26.0k |
| JANE STREET GROUP, LLC | Reduced | -26.0k |
| TWO SIGMA ADVISERS, LP | Reduced | -20.5k |
Biggest calls
| CITADEL ADVISORS LLC | New | $227.6k18.4k shares |
| SIMPLEX TRADING, LLC | Added | $22.3k1.8k shares |
Biggest puts
| SIMPLEX TRADING, LLC | Added | $116.3k9.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
MAGNOLIA CAPITAL FUND, LP
13D · may seek influence
+1.1 pts · filed 2026-09-15
Stated purposeThe purpose of the acquisition of the Common Stock is for investment, and the acquisitions of the Common Stock were made in the ordinary course of business. All purchases of the Common Stock were based on the belief that such securities, when purchased, were undervalued and represented an attractive investment opportunity. Given the Reporting Persons' ownership percentage of, and Mr. Peterson's role with, the Issuer, the Reporting Persons holding of the Common Stock may have the purpose or effect of controlling the Issuer. Although Reporting Persons have no specific plan or proposal to acquire additional Common Stock or dispose of Common Stock, Reporting Persons at any time and from time to time may acquire additional Common Stock or dispose of any or all of its Common Stock depending u… Full filing |
22.6% |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY 13G · passive investor -2.7 pts · filed 2026-01-20 | 5.2% |
| BlackRock, Inc. 13G · institution +0.2 pts · filed 2026-04-27 | 5.1% |
Fell to 5% or below in the last year: DIMENSIONAL FUND ADVISORS LP (4.8%, 2026-07-14)
Insider purchases and sales in Q4 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 7 | $3.4m | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 3 | $1.3m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-11 | Burt Thomas Director | Bought | $200.7k14.7k shares |
| 2025-12-03 | Kenan Frank H. II Director · See footnote | Bought | $320.0k24.7k shares |
| 2025-12-02 | Kenan Frank H. II Director · See footnote | Bought | $138.6k10.9k shares |
| 2025-12-01 | Kenan Frank H. II Director · See footnote | Bought | $560.0k44.2k shares |
| 2025-12-01 | Royal Jeffrey C Director | Bought | $127.2k10.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| MAGNOLIA GROUP, LLC 11.40% of their portfolio | 5.6m $69.1m | Unchanged |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY 4.01% of their portfolio | 2.4m $30.2m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 1.6m $19.5m | Added +10.4k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.6m $19.4m | Reduced -1.4k |
| Elgethun Capital Management 3.11% of their portfolio | 1.5m $18.0m | Added +27.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.4m $17.7m | Reduced -41.6k |
| Fenimore Asset Management Inc 0.24% of their portfolio | 926.6k $11.5m | Reduced -26.0k |
| PRIVATE MANAGEMENT GROUP INC 0.26% of their portfolio | 712.6k $8.8m | Reduced -19.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 520.0k $6.4m | Added +4.4k |
| STATE STREET CORP 0.00% of their portfolio | 468.7k $5.8m | Added +1.4k |
| Ironvine Capital Partners, LLC 0.56% of their portfolio | 451.7k $5.6m | Reduced -17.8k |
| STEVENS CAPITAL PARTNERS 1.41% of their portfolio | 435.7k $5.4m | Added +110 |
| Nitor Capital Management LLC 4.07% of their portfolio | 370.4k $4.6m | First filing |
| FIRST MANHATTAN CO. LLC. 0.01% of their portfolio | 334.0k $4.1m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 207.7k $2.6m | Added +30.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 165.5k $2.0m | Reduced -4.7k |
| George Kaiser Family Foundation 0.23% of their portfolio | 140.9k $1.7m | Unchanged |
| Brandywine Global Investment Management, LLC 0.01% of their portfolio | 124.8k $1.5m | Reduced -4.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 118.3k $1.5m | Reduced -84.0k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 110.5k $1.4m | Added +14.3k |
| Meixler Investment Management, Ltd. 0.79% of their portfolio | 105.5k $1.3m | Reduced -3.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 88.4k $1.1m | Added +31.3k |
| UBS Group AG 0.00% of their portfolio | 80.9k $1.0m | Reduced -26.7k |
| Trexquant Investment LP 0.01% of their portfolio | 72.0k $890.1k | Added +39.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 62.8k $776.9k | Reduced -151 |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 62.4k $771.9k | Reduced -20.5k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 60.0k $742.7k | Reduced -1.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 59.8k $739.5k | Reduced -816 |
| Alpha Cubed Investments, LLC 0.02% of their portfolio | 51.4k $635.9k | Reduced -664 |
| MORGAN STANLEY 0.00% of their portfolio | 47.2k $583.9k | Reduced -4.5k |
| Cetera Investment Advisers 0.00% of their portfolio | 43.4k $536.5k | New |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 43.2k $534.2k | Added +3.4k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 41.1k $508.4k | Added +21.6k |
| Nuveen, LLC 0.00% of their portfolio | 38.8k $480.0k | Unchanged |
| Quantinno Capital Management LP 0.00% of their portfolio | 35.7k $442.2k | Added +19.4k |
| Susquehanna Portfolio Strategies, LLC 0.01% of their portfolio | 35.1k $433.8k | Added +18.1k |
| BARCLAYS PLC 0.00% of their portfolio | 34.0k $420.3k | Added +3.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 29.8k $368.9k | Reduced -4.2k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 29.5k $364.7k | Added +10.0k |
| EntryPoint Capital, LLC 0.14% of their portfolio | 28.4k $351.0k | Added +7.2k |
| ArrowMark Colorado Holdings LLC 0.01% of their portfolio | 27.9k $345.0k | Reduced -4.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 27.2k $336.8k | Added +6.5k |
| Flagstone Financial Management 0.08% of their portfolio | 24.2k $299.5k | Added +1.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 23.3k $287.9k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 22.8k $282.4k | Reduced -26.0k |
| Equitable Holdings, Inc. 0.00% of their portfolio | 20.8k $257.7k | Added +4 |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 19.7k $243.2k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 19.2k $237.7k | Reduced -42.1k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 17.2k $212.2k | Added +14.7k |
| Global Retirement Partners, LLC 0.00% of their portfolio | 17.1k $210.9k | Added +9.6k |
| GSA CAPITAL PARTNERS LLP 0.02% of their portfolio | 16.7k $206.0k | Reduced -4.6k |
| AlphaQuest LLC 0.01% of their portfolio | 16.2k $199.9k | Reduced -11.4k |
| INSIGNEO ADVISORY SERVICES, LLC 0.01% of their portfolio | 15.3k $188.9k | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 14.9k $184.6k | Added +452 |
| Creative Planning 0.00% of their portfolio | 14.2k $175.9k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 13.1k $163.0k | Added +1.9k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 12.8k $158.7k | Added +3.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 12.2k $151.4k | Reduced -2.7k |
| Covestor Ltd 0.08% of their portfolio | 12.1k $149.0k | Reduced -985 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 11.6k $143.8k | Reduced -1.8k |
| Jump Financial, LLC 0.00% of their portfolio | 11.2k $138.1k | New |
| Aptus Capital Advisors, LLC 0.00% of their portfolio | 11.0k $136.1k | Added +500 |
| GUARDIAN WEALTH ADVISORS, LLC / NC 0.01% of their portfolio | 11.0k $136.1k | Added +500 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 10.1k $125.3k | Reduced -121 |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 10.1k $125.1k | New |
| BOKF, NA 0.00% of their portfolio | 10.0k $123.7k | Reduced -11 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 8.7k $107.6k | Reduced -9.3k |
| Aquatic Capital Management LLC 0.00% of their portfolio | 8.4k $104.2k | Reduced -15.4k |
| BFSG, LLC 0.01% of their portfolio | 5.8k $71.7k | Unchanged |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 5.6k $69.0k | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 5.1k $63.1k | Added +223 |
| CITIGROUP INC 0.00% of their portfolio | 4.3k $53.3k | Reduced -1.4k |
| PITTENGER & ANDERSON INC 0.00% of their portfolio | 4.2k $52.6k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 3.4k $42.6k | Reduced -713 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.1k $39.0k | Reduced -2.4k |
| Security National Bank 0.00% of their portfolio | 2.8k $34.6k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 2.3k $28.2k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 2.0k $25.2k | Added +162 |
| Legal & General Group Plc 0.00% of their portfolio | 2.0k $24.6k | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 1.9k $24.0k | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.8k $21.8k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.8k $21.7k | Added +112 |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 1.6k $19.2k | Added +925 |
| FMR LLC 0.00% of their portfolio | 1.4k $17.7k | Added +864 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 1.3k $16.5k | Reduced -451 |
| Sterling Capital Management LLC 0.00% of their portfolio | 1.2k $14.6k | Reduced -224 |
| CWM, LLC 0.00% of their portfolio | 1.1k $13.0k | Added +1.0k |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 972 $12.0k | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 850 $10.5k | Added +769 |
| Kilter Group LLC 0.00% of their portfolio | 772 $9.6k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 684 $8.0k | Reduced -114 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 608 $7.5k | New |
| Spire Wealth Management 0.00% of their portfolio | 410 $5.1k | Reduced -1.1k |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 394 $4.9k | Reduced -1 |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 369 $4.6k | Unchanged |
| Optiver Holding B.V. 0.00% of their portfolio | 340 $4.2k | Unchanged |
| MassMutual Private Wealth & Trust, FSB 0.00% of their portfolio | 300 $3.7k | Unchanged |
| QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio | 290 $3.6k | Unchanged |
| Tidemark, LLC 0.00% of their portfolio | 215 $2.7k | Unchanged |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 206 $2.6k | New |