Magnolia Group 13F annual report

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.

$678 billion Assets Under Management (AUM)

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.

Careers at Magnolia Group

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.

Recent trades

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.

One of the average hedge funds

The two most similar investment funds to Magnolia Group are Apriem Advisors and Skylands Capital. They manage $678 billion and $678 billion respectively.

Adam Peterson investment strategy

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.

The complete list of Magnolia Group trades based on 13F SEC filings

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