Makaira Partners LLC FLUT — FLUTTER ENTERTAINMENT ORD

Ownership history in Makaira Partners LLC  ·  7 quarters on record

AI Ownership Summary

Makaira Partners LLC reported FLUTTER ENTERTAINMENT ORD (FLUT) in 7 quarterly 13F filings from 2024 Q3 through 2026 Q1. Peak portfolio weight reached 10.62% in 2025 Q3. The latest visible filing shows FLUT at 6.96% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this FLUT ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Makaira Partners LLC's position in FLUTTER ENTERTAINMENT ORD, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

FLUT was reported at 6.96% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
10.62% in 2025 Q3

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q3 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

FLUT stock page Makaira Partners LLC fund profile Makaira Partners LLC full holdings
How Makaira Partners LLC held FLUT — position size vs. price
% of Fund (quarterly)    FLUT price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 7 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 UNCHANGED — — — 41,422 — 0% 6.96% $8.9M 2026-05-15 $92.38
2025 Q4 REDUCED 49.1% -52.6% ✅ 41,422 -40,000 -49.1% 6.96% $8.9M 2026-02-11 $144.28
2025 Q3 REDUCED 23.5% -14.5% ✅ 81,422 -25,000 -23.5% 10.62% $20.7M 2025-11-17 $191.11
2025 Q2 UNCHANGED — — — 106,422 — 0% 9.25% $30.4M 2025-08-14 $288.77
2025 Q1 REDUCED 46.4% +29.0% ❌ 106,422 -92,013 -46.4% 7.91% $23.6M 2025-05-14 $248.05
2024 Q4 REDUCED — — — 198,435 -885 -0.4% 8.74% $51.3M 2025-02-14 $298.81
2024 Q3 INITIATED — — — 199,320 — — 6.08% $47.3M 2024-11-14 $267.00

🏢 Other funds also holding FLUT

As of 2026 Q1 — sorted by position size

Parvus Asset Management Jersey Ltd 100.0% Caledonia (Private) Investments Pty Ltd 3Y 7Y 25.3% Lancaster Investment Management 3Y 7Y 19.97% Alamut Investment Management LLP 16.19% AXON CAPITAL LP 3Y 7Y 12.94% Whitebark Investors LP 10.99% HEIGHTS CAPITAL MANAGEMENT, INC 8.36% BRIDGER MANAGEMENT, LLC 3Y 7Y 7.36% L1 Capital Pty Ltd 3Y 7.08% HughesLittle Investment Management Ltd. 6.58%

FAQ About Makaira Partners LLC and FLUT

These are the practical questions this page is built to answer before you even open the full history table.

How long has Makaira Partners LLC reported owning FLUT?

Makaira Partners LLC reported FLUT across 7 quarterly 13F filings, from 2024 Q3 through 2026 Q1.

What was the largest reported FLUT position in Makaira Partners LLC's portfolio?

The largest reported portfolio weight for FLUT was 10.62% in 2025 Q3.

What is the latest reported FLUT position on this page?

The most recent filing on this page is 2026 Q1, when Makaira Partners LLC reported 41,422 shares, equal to 6.96% of portfolio, with an estimated market value of $8.9M.

What does the chart on this FLUT ownership page compare?

The chart compares Makaira Partners LLC's quarterly FLUT portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Makaira Partners LLC time their FLUT position?

Based on 13F filing dates vs. subsequent FLUT price moves, Makaira Partners LLC correctly timed 4 out of 5 reported position changes (80%). The annualised alpha on FLUT relative to SPY over the holding period was -58.0%.

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