# MBB PUBLIC MARKETS I LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1892378. Source: https://holderbook.com/funds/1892378-mbb-public-markets-i-llc/

- Reported value: $926.0M
- Positions: 25
- Weight of the ten largest: 99.6%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $205.7M | 941,511 | 22.2% | 10 |
| AERCAP HOLDINGS NV | [AER](https://holderbook.com/stocks/AER/) | $178.5M | 1,224,242 | 19.3% | 6 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $175.6M | 735,480 | 19.0% | 14 |
| FERGUSON ENTERPRISES INC | [FERG](https://holderbook.com/stocks/FERG/) | $132.4M | 557,772 | 14.3% | 5 |
| MEDLINE INC | [MDLN](https://holderbook.com/stocks/MDLN/) | $96.3M | 2,441,379 | 10.4% | 3 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $81.7M | 1,614,405 | 8.8% | 3 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $25.3M | 475,000 | 2.7% | 15 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $14.3M | 40,000 | 1.5% | 17 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $7.1M | 120,228 | 0.8% | 18 |
| KYVERNA THERAPEUTICS INC | [KYTX](https://holderbook.com/stocks/KYTX/) | $5.5M | 614,477 | 0.6% | 9 |
| GARRETT MOTION INC | [GTX](https://holderbook.com/stocks/GTX/) | $571.3K | 15,768 | 0.1% | 9 |
| ELEMENT SOLUTIONS INC | [ESI](https://holderbook.com/stocks/ESI/) | $355.5K | 7,444 | 0.0% | 2 |
| AFFILIATED MANAGERS GROUP | [AMG](https://holderbook.com/stocks/AMG/) | $302.5K | 894 | 0.0% | 4 |
| VIEMED HEALTHCARE INC | [VMD](https://holderbook.com/stocks/VMD/) | $266.6K | 23,384 | 0.0% | 9 |
| SAIA INC | [SAIA](https://holderbook.com/stocks/SAIA/) | $260.3K | 618 | 0.0% | 3 |
| LANDSTAR SYS INC | [LSTR](https://holderbook.com/stocks/LSTR/) | $234.9K | 1,136 | 0.0% | 1 |
| RUSH ENTERPRISES INC | [RUSHA](https://holderbook.com/stocks/RUSHA/) | $233.5K | 3,199 | 0.0% | 2 |
| INSTALLED BLDG PRODS INC | [IBP](https://holderbook.com/stocks/IBP/) | $229.8K | 1,000 | 0.0% | 4 |
| UNIFIRST CORP MASS | [UNF](https://holderbook.com/stocks/UNF/) | $225.8K | 854 | 0.0% | 2 |
| LANTHEUS HLDGS INC | [LNTH](https://holderbook.com/stocks/LNTH/) | $223.8K | 2,017 | 0.0% | 1 |
| FRONTDOOR INC | [FTDR](https://holderbook.com/stocks/FTDR/) | $218.1K | 2,811 | 0.0% | 1 |
| INTERNATIONAL MONEY EXPRESS | [IMXI](https://holderbook.com/stocks/IMXI/) | $204.9K | 14,179 | 0.0% | 5 |
| ADAPTHEALTH CORP | [AHCO](https://holderbook.com/stocks/AHCO/) | $188.9K | 18,132 | 0.0% | 9 |
| HILLMAN SOLUTIONS CORP | [HLMN](https://holderbook.com/stocks/HLMN/) | $182.7K | 21,650 | 0.0% | 9 |
| JANUS INTERNATIONAL GROUP IN | [JBI](https://holderbook.com/stocks/JBI/) | $109.9K | 19,808 | 0.0% | 5 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +5.0% | +14.8% | -9.8% | 100% |
| Q1 2026 | -2.9% | -4.6% | +1.8% | 100% |
| Q4 2025 | +5.5% | +2.4% | +3.1% | 100% |
| Q3 2025 | +3.1% | +7.8% | -4.7% | 95% |
| Q2 2025 | +7.8% | +10.5% | -2.6% | 96% |
| Q1 2025 | -1.6% | -4.6% | +2.9% | 86% |
| Q4 2024 | -7.0% | +2.1% | -9.2% | 66% |
| Q3 2024 | +4.9% | +5.4% | -0.5% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $926.0M | 25 |
| Q1 2026 | $839.4M | 24 |
| Q4 2025 | $957.2M | 27 |
| Q3 2025 | $752.4M | 37 |
| Q2 2025 | $1.1B | 498 |
| Q1 2025 | $906.6M | 523 |
| Q4 2024 | $1.1B | 66 |
| Q3 2024 | $1.8B | 534 |
| Q2 2024 | $4.9B | 673 |
| Q1 2024 | $1.6B | 270 |
| Q4 2023 | $1.6B | 92 |
| Q3 2023 | $1.7B | 107 |