Santa Monica Partners 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
Balchem Corp. Com	COM	057665200	48,965	436,836	SH		SOLE		436,836	0	0
Bel Fuse Inc. - Class A Common Stock	CL A	077347201	505	23,434	SH		SOLE		23,434	0	0
Bel Fuse Inc. - Class B Common Stock	CL B	077347300	3,717	140,257	SH		SOLE		140,257	0	0
Berkshire Hathaway Inc. Common Stock	CL A	084670108	1,280	4	SH		SOLE		4	0	0
Boston Omaha Corporation - Class A Common Stock	CL A	101044105	7,985	267,055	SH		SOLE		267,055	0	0
Broadridge Financial Solutions, Inc.Common Stock	COM	11133T103	5,383	40,793	SH		SOLE		40,793	0	0
Command Security Corporation Common Stock	COM	20050L100	47	16,751	SH		SOLE		16,751	0	0
Dolby Laboratories Common Stock	COM	25659T107	607	8,679	SH		SOLE		8,679	0	0
Flushing Financial Corporation - Common Stock	COM	343873105	925	37,894	SH		SOLE		37,894	0	0
Franco-Nevada Corporation	COM	351858105	668	10,676	SH		SOLE		10,676	0	0
Frequency Electronics, Inc. - Common Stock	COM	358010106	129	12,393	SH		SOLE		12,393	0	0
Garmin Ltd. - Common Stock	COM	H2906T109	2,154	30,755	SH		SOLE		30,755	0	0
IBERIABANK Corporation - Common Stock	COM	450828108	1,815	22,316	SH		SOLE		22,316	0	0
J. W. Mays, Inc. - Common Stock	COM	578473100	412	10,415	SH		SOLE		10,415	0	0
KeyCorp Common Stock	COM	493267108	284	14,262	SH		SOLE		14,262	0	0
Liberty Media Corporation - Series C Liberty SiriusXM Common Stock	COM SER C	531229607	377	8,679	SH		SOLE		8,679	0	0
Live Nation Entertainment, Inc. Common Stock	COM	538034109	255	4,687	SH		SOLE		4,687	0	0
Mastercard Incorporated Common Stock	COM	57636Q104	26,083	117,170	SH		SOLE		117,170	0	0
Metropolitan Bank Holding Corp. Common Stock	COM	591774104	432	10,511	SH		SOLE		10,511	0	0
MMA Capital Management, LLC - Common Stock	COM	55315D105	682	26,038	SH		SOLE		26,038	0	0
Pathfinder Bancorp, Inc. - Common Stock	COM	70319R109	185	12,285	SH		SOLE		12,285	0	0
Simulations Plus, Inc. - Common Stock	COM	829214105	580	28,696	SH		SOLE		28,696	0	0
Texas Pacific Land Trust Common Stock	COM	882610108	15,336	17,780	SH		SOLE		17,780	0	0
Trinity Place Holdings Inc. Common Stock	COM	89656D101	406	66,739	SH		SOLE		66,739	0	0
Virtus Investment Partners, Inc. - Common Stock	COM	92828Q109	691	6,076	SH		SOLE		6,076	0	0
WisdomTree Investments, Inc. - Common Stock	COM	97717P104	464	54,766	SH		SOLE		54,766	0	0
WPP plc American Depositary Shares	ADR	92937A102	2,391	32,639	SH		SOLE		32,639	0	0