Tom Bancroft - Makaira Partners
Period:    Q4 2025
Portfolio date:    31 Dec 2025
No. of stocks:    11
Portfolio value:    $127,897,188
Holdings Activity Buys Sells    History
Holding/activity history for  Lamar Advertising Co. (LAMR)
← All LAMR superinvestors
Period Shares % of Portfolio Activity % Change to Portfolio Price Value Filing
2025   Q4 120,000 11.88 Reduce 29.41% 3.14 $114.45–134.63 · VW $125.61i $15,189,600 SEC
2025   Q3 170,000 10.69 Reduce 24.20% 2.00 $113.66–129.84 · VW $123.70i $20,811,400 SEC
2025   Q2 224,260 8.28 $121.36 $27,216,194 SEC
2025   Q1 224,260 8.56 Reduce 57.73% 5.81 $109.53–133.01 · VW $121.58i $25,516,303 SEC
2024   Q4 530,483 10.07 Reduce 26.21% 3.24 $119.95–139.88 · VW $130.03i $64,581,000 SEC
2024   Q3 718,898 12.35 Reduce 20.24% 2.83 $109.71–137.40 · VW $123.89i $96,044,773 SEC
2024   Q2 901,371 13.97 Reduce 2.14% 0.28 $108.80–122.22 · VW $117.15i $107,740,876 SEC
2024   Q1 921,092 13.27 Add 7.04% 0.87 $100.15–121.99 · VW $111.01i $109,987,596 SEC
2023   Q4 860,480 12.05 Add 13.72% 1.45 $77.21–112.34 · VW $93.82i $91,451,814 SEC
2023   Q3 756,662 8.23 Add 31.70% 1.98 $81.61–104.25 · VW $91.72i $63,158,577 SEC
2023   Q2 574,551 7.72 Add 1.80% 0.14 $88.34–106.72 · VW $97.43i $57,024,187 SEC
2023   Q1 564,411 7.36 Add 10.86% 0.72 $91.02–111.49 · VW $101.98i $56,379,015 SEC
2022   Q4 509,101 6.98 Add 13.09% 0.81 $81.10–101.88 · VW $93.42i $48,059,134 SEC
2022   Q3 450,191 6.15 Add 221.57% 4.24 $81.59–106.80 · VW $93.65i $37,136,000 SEC
2022   Q2 140,000 2.78 Buy 2.78 $83.96–119.68 · VW $99.09i $12,316,000 SEC
Price snapshot:
Current price$157.23
Avg. buy price$90.62
+/- since buy73.51%
52-week low$108.21
52-week high$162.96