Q2 2026 13F · SEC CIK 1618376
Magnolia Group, LLC
Hedge fundFiled 2026-08-12 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $476.3M
- Reported positions
- 16
- Top holdings a year, 3 yrs
- -0.2%
- Assets under management
- $710.6M
Magnolia Group, LLC is a hedge fund that reported 16 positions worth $476.3M in its Q2 2026 13F, filed 2026-08-12. Its largest holdings were Nelnet Inc (NNI, 35.5%), Boston Omaha Corp (BOC, 16.0%), Asbury Automotive Group (ABG, 11.0%). A portfolio copying its top holdings returned -0.2% a year over the last 3 years, against 20.4% for the S&P 500.
Magnolia Group, LLC holdings all 16 positions.
Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| NNINelnet Inc | 35.5% | -23.9% | $169.3M |
| BOCBoston Omaha Corp | 16.0% | +0.0% | $76.2M |
| ABGAsbury Automotive Group | 11.0% | -9.5% | $52.4M |
| CNRCore Nat Res Inc | 7.9% | -22.4% | $37.4M |
| ARLPAlliance Resource Partners, L.P. | 6.4% | -10.5% | $30.3M |
| SGOVIshares Tr | 4.1% | — | $19.6M |
| PCYOPure Cycle Corp | 4.0% | -6.2% | $19.2M |
| CCOICogent Comm Holdings Inc Com New | 2.9% | -24.1% | $13.6M |
| SPGIS&p Global Inc | 2.8% | — | $13.3M |
| LEN-BLennar Corporation - B SHS (LEN/B) | 2.7% | +31.9% | $12.7M |
| BRK-BBerkshire Hathaway Inc Del | 2.0% | — | $9.8M |
| NVRNvr Inc | 1.6% | +130.6% | $7.7M |
| MKLMarkel Group Inc | 0.9% | — | $4.1M |
| HOMBHome Bancshares Inc | 0.8% | — | $3.9M |
| NRPNatural Resource Partners LP | 0.8% | — | $3.7M |
| CRMTAmericas Car-Mart Inc | 0.7% | -11.2% | $3.1M |
What Magnolia Group, LLC bought and sold in Q2 2026, against Q1 2026.
New positions
- SGOV Ishares Tr4.1% of 13F
- SPGI S&p Global Inc2.8% of 13F
- BRK-B Berkshire Hathaway Inc Del2.0% of 13F
- MKL Markel Group Inc0.9% of 13F
- HOMB Home Bancshares Inc0.8% of 13F
- NRP Natural Resource Partners LP0.8% of 13F
Added to
- NVR Nvr Inc+130.6% shares
- LEN-B Lennar Corporation - B SHS (LEN/B)+31.9% shares
Reduced
- CCOI Cogent Comm Holdings Inc Com New-24.1% shares
- NNI Nelnet Inc-23.9% shares
- CNR Core Nat Res Inc-22.4% shares
- CRMT Americas Car-Mart Inc-11.2% shares
- ARLP Alliance Resource Partners, L.P.-10.5% shares
- ABG Asbury Automotive Group-9.5% shares
- PCYO Pure Cycle Corp-6.2% shares
Sold out
- RMAX Re/max Hldgs Incwas 2.9%
- OMCC Old Mkt Cap Corpwas 2.1%
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- -10.8% /yr
- S&P 500 +20.1%
- 3 years
- -0.2% /yr
- S&P 500 +20.4%
- 5 years
- -1.6% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $476.3M | 16 |
| Q1 2026 | $537.5M | 12 |
| Q4 2025 | $606.5M | 12 |
| Q3 2025 | $630.8M | 11 |
| Q2 2025 | $650.5M | 10 |
| Q1 2025 | $589.9M | 9 |
| Q4 2024 | $582.9M | 10 |
| Q3 2024 | $590.9M | 9 |
| Q2 2024 | $658.6M | 10 |
| Q1 2024 | $663.9M | 11 |
| Q4 2023 | $678.4M | 11 |
| Q3 2023 | $621.0M | 13 |
Questions about Magnolia Group, LLC's portfolio
What stocks does Magnolia Group, LLC own?
Magnolia Group, LLC's latest 13F, for Q2 2026 and filed Aug 12, 2026, lists 16 positions worth $476.3M. The largest are Nelnet Inc (NNI) at 35.5%, Boston Omaha Corp (BOC) at 16.0%, Asbury Automotive Group (ABG) at 11.0%, Core Nat Res Inc (CNR) at 7.9% and Alliance Resource Partners, L.P. (ARLP) at 6.4%.
What did Magnolia Group, LLC buy last quarter?
In Q2 2026, Magnolia Group, LLC added a new position in Ishares Tr (SGOV), a new position in S&p Global Inc (SPGI), a new position in Berkshire Hathaway Inc Del (BRK-B), a new position in Markel Group Inc (MKL), a new position in Home Bancshares Inc (HOMB), Nvr Inc (NVR) (+130.6% shares) and Lennar Corporation - B SHS (LEN/B) (LEN-B) (+31.9% shares), compared with its Q1 2026 filing.
What did Magnolia Group, LLC sell last quarter?
In Q2 2026, Magnolia Group, LLC sold all of Re/max Hldgs Inc (RMAX), sold all of Old Mkt Cap Corp (OMCC), Cogent Comm Holdings Inc Com New (CCOI) (-24.1% shares), Nelnet Inc (NNI) (-23.9% shares) and Core Nat Res Inc (CNR) (-22.4% shares), compared with its Q1 2026 filing.
How has Magnolia Group, LLC's portfolio performed?
A portfolio copying Magnolia Group, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned -0.2% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: -10.8% against +20.1%. Over 5 years: -1.6% a year against +11.6%.
When is Magnolia Group, LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. Magnolia Group, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Magnolia Group, LLC manage?
Magnolia Group, LLC reported $710.6M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $476.3M.