The Magnolia Group, LLC

The Magnolia Group, LLC is a registered investment adviser founded in November 2012 and registered in August 2014. The firm specializes in providing investment advisory services to private investment funds, including the Magnolia Capital Fund, LP, and Magnolia BOC I, LP. The Capital Fund primarily invests in publicly traded common stocks and other securities, managed based on the Fund's investment objectives outlined in its offering documents. The firm manages approximately $811,857,229 of assets on a discretionary basis as of December 31, 2024. For the Capital Fund, the fee structure includes a management fee of 0.25% of the beginning net asset value, with a 10% incentive allocation. The Fund of One, a single-investor entity, incurs additional costs related to its operations. The firm follows a value-oriented investment strategy, focusing on achieving long-term capital appreciation through fundamental analysis. The investment strategies involve risks such as general investment risk, concentration of investments, and dependence on individual judgment and skill. The firm does not have any disciplinary matters to disclose and acts as a fiduciary in the best interests of its clients. The Magnolia Group has custody of the funds and exercises investment discretion. The firm has policies in place for proxy voting and maintains financial stability without impairments to meet its commitments.