Magnolia Group is an investment fund managing more than $678 billion ran by Adam Peterson. There are currently 11 companies in Mr. Peterson’s portfolio. The largest investments include Nelnet Inc and Frontier Communications Pare, together worth $281 billion.
As of 29th January 2024, Magnolia Group’s top holding is 1,900,000 shares of Nelnet Inc currently worth over $168 billion and making up 24.7% of the portfolio value.
Relative to the number of outstanding shares of Nelnet Inc, Magnolia Group owns less than approximately 0.1% of the company.
In addition, the fund holds 4,476,931 shares of Frontier Communications Pare worth $113 billion.
The third-largest holding is Boston Omaha Corp worth $87.9 billion and the next is Ally Finl Inc worth $74 billion, with 2,120,122 shares owned.
Currently, Magnolia Group's portfolio is worth at least $678 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Magnolia Group office and employees reside in Omaha, Nebraska. According to the last 13-F report filed with the SEC, Adam Peterson serves as the Manager at Magnolia Group.
In the most recent 13F filing, Magnolia Group revealed that it had increased its stake in
Frontier Communications Pare and bought 36,000 additional shares worth around .
On the other hand, there are companies that Magnolia Group is getting rid of from its portfolio.
Magnolia Group closed its position in British Amern Tob Plc on 5th February 2024.
It sold the previously owned 416,452 shares for $13.1 billion.
The two most similar investment funds to Magnolia Group are Apriem Advisors and Skylands Capital. They manage $678 billion and $678 billion respectively.
Magnolia Group’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Finance — making up 24.7% of
the total portfolio value.
The fund focuses on investments in the United States as
54.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
approximately 0.1% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $1.8 billion.
These positions were updated on February 5th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Nelnet Inc |
No change
1,900,000
|
$167,618,000,000 | 24.71% |
| Frontier Communications Pare |
0.81%
4,476,931
|
$113,445,432,000 | 16.72% |
| Boston Omaha Corp |
No change
5,589,253
|
$87,918,950,000 | 12.96% |
| Ally Finl Inc |
3.72%
2,120,122
|
$74,034,660,000 | 10.91% |
| Alliance Resource Partners L |
5.96%
3,214,171
|
$68,076,142,000 | 10.04% |
| Americas Car Mart, Inc. |
No change
631,051
|
$47,814,734,000 | 7.05% |
| Re Max Hldgs Inc |
13.67%
2,983,843
|
$39,774,627,000 | 5.86% |
| Asbury Automotive Group Inc |
2.00%
102,000
|
$22,946,940,000 | 3.38% |
| Compass Minerals International Inc |
105.77%
849,490
|
$21,509,087,000 | 3.17% |
| Pure Cycle Corp. |
28.19%
1,765,703
|
$18,486,910,000 | 2.73% |
| Nicholas Finl Inc Bc |
No change
2,426,067
|
$16,739,862,000 | 2.47% |
| British Amern Tob Plc |
Closed
416,452
|
$13,080,757,000 | |
| Wheeler Real Estate Invt Tr |
Closed
327,662
|
$3,440,451,000 | |
| No transactions found | |||
| Showing first 500 out of 13 holdings | |||