Magnolia Group, LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

Investment firms worldwide have been waiting eagerly to analyze the latest 13F filings of Magnolia Group, LLC, which includes the asset changes between Q3 2022 and Q4 2022. As the data shows, Magnolia Group made significant changes in their holdings, resulting in a shuffling of their top securities.

One of the most surprising changes was Magnolia Group's decision to hold onto NNI shares without any changes, maintaining 1.9 million shares in both Q3 and Q4. Despite the steady share count of NELNET INC, the company still managed to show an increase in value from $150,461,000 to $172,425,000, marking a gain of 14.6%.

The data for BOSTON OMAHA CORP (BOC) indicates that Magnolia Group held 5,682,429 shares in both Q3 and Q4 with an increase in value from $130,923,000 to $150,584,000. This translates to a gain of 15%, a significant increase in value considering the lack of action in the share count.

Another company that Magnolia Group had an impact on was ALLIANCE RESOURCE PARTNERS L (ARLP), as they sold roughly 850,000 shares, coming down from 3000000 in Q3 to 2691578 in Q4. The sales of these shares meant a decrease in value from $68,700,000 to $54,692,000 in Q4, representing a decline of 20.4%.

It’s surprising to note that shares of AMERCO (UHAL) were sold entirely by Magnolia Group. In Q3 2022 filing, they held 15364 shares, whereas, in Q4, those shares have been reduced to zero. It is a clear indication that the firm might not have confidence in the future prospects of the AMERCO stocks.

In the case of FRONTIER COMMUNICATIONS PARE (FYBR), Magnolia Group increased its share count by 53,000 shares, taking them from 4,090,500 in Q3 to 4,143,500 in Q4. This move increased the value of those stocks from $95,840,000 to $105,576,000, marking an increase of 10.2%.

Another company that Magnolia Group invested in was WHEELER REAL ESTATE INVT TR (WHLRD), a business holding properties and leasing them to retailers. They added 92,659 shares, increasing the counts from 327,662 in Q3 to 327,662 in Q4. This minor addition led to an increase in value from $3,824,000 to $4,199,000, representing a rise of 9.8%.

The 13F filings also show that Magnolia Group acquired 393,000 more shares of the ASBURY AUTOMOTIVE GROUP INC (ABG), increasing the counts in Q4 to 232,467. This move resulted in an increase in value from $26,657,000 in Q3 to $41,669,000 in Q4, presenting a rise of 56.3%.

Overall, the 13F filings of Magnolia Group, LLC indicate a successful quarter, with the changes in holdings resulting in an increase in the total value of their portfolio from $ S1,174,067,000 in Q3 to $1,203,908,000 – a favorable condition.