# MAGNOLIA GROUP, LLC: Form 13F holdings

An institutional investment manager in OMAHA, NE. SEC CIK 1618376.

- Quarter ended: 2026-06-30
- Filed: 2026-08-12
- Reported value: $476.3m
- Positions: 16 (16 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1618376/000139834426014198/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [NELNET INC (NNI)](/companies/nni.md) | CL A | $169.3m | 35.5% | 1,269,723 |  | Reduced −399,253 |
| [BOSTON OMAHA CORP (BOC)](/companies/boc.md) | CL A COM STK | $76.2m | 16.0% | 5,589,253 |  | Unchanged |
| [ASBURY AUTOMOTIVE GROUP INC (ABG)](/companies/abg.md) | COM | $52.4m | 11.0% | 260,658 |  | Reduced −27,346 |
| [CORE NATURAL RESOURCES INC (CNR)](/companies/cnr.md) | COM SHS | $37.4m | 7.9% | 467,524 |  | Reduced −134,976 |
| [ALLIANCE RESOURCE PARTNERS L (ARLP)](/companies/arlp.md) | UT LTD PART | $30.3m | 6.4% | 1,262,583 |  | Reduced −148,677 |
| ISHARES TR | 0-3 MTH TREASURY | $19.6m | 4.1% | 195,000 |  | New +195,000 |
| [PURE CYCLE CORP (PCYO)](/companies/pcyo.md) | COM NEW | $19.2m | 4.0% | 1,795,421 |  | Reduced −119,138 |
| [COGENT COMM HOLDINGS INC (CCOI)](/companies/ccoi.md) | COM NEW | $13.6m | 2.9% | 979,686 |  | Reduced −310,518 |
| [S&P GLOBAL INC (SPGI)](/companies/spgi.md) | COM | $13.3m | 2.8% | 32,550 |  | New +32,550 |
| [LENNAR CORP (LEN)](/companies/len.md) | CL B | $12.7m | 2.7% | 143,409 |  | Added +34,659 |
| [BERKSHIRE HATHAWAY INC DEL (BRK-B)](/companies/brk-b.md) | CL B NEW | $9.8m | 2.0% | 19,500 |  | New +19,500 |
| [NVR INC (NVR)](/companies/nvr.md) | COM | $7.7m | 1.6% | 1,130 |  | Added +640 |
| [MARKEL GROUP INC (MKL)](/companies/mkl.md) | COM | $4.1m | 0.9% | 2,100 |  | New +2,100 |
| [HOME BANCSHARES INC (HOMB)](/companies/homb.md) | COM | $3.9m | 0.8% | 135,500 |  | New +135,500 |
| [NATURAL RESOURCE PARTNERS LP (NRP)](/companies/nrp.md) | COM UNIT LTD PAR | $3.7m | 0.8% | 37,750 |  | New +37,750 |
| [AMERICAS CAR-MART INC (CRMT)](/companies/crmt.md) | COM | $3.1m | 0.7% | 1,119,875 |  | Reduced −140,815 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [OLD MKT CAP CORP (OMCC)](/companies/omcc.md) | COM | $0 | 0.0% | 0 |  | Sold out −2,515,902 |
| RE/MAX HLDGS INC | CL A | $0 | 0.0% | 0 |  | Sold out −2,665,643 |

Source: SEC EDGAR, Form 13F-HR, accession 0001398344-26-014198. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.