Forager Capital Management, LLC
CIK 1802986 · View on SEC EDGAR ↗
- Portfolio value
- $265.9M
- Positions
- 10
- As of
- June 30, 2026
Portfolio value QoQ: +32.4% 13F does not disclose cash
- Top 10 holdings weight
- 100.00%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 10
- Effective number of positions
- 8.3
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 13.71% Est. buys $39,516,277 · sells $31,996,348
Median holding: 5.5 quarters Tracked Q4 2024–Q2 2026 · 62.5% still held
- New positions
- 1
- Increased
- 4
- Decreased
- 5
- Closed
- 1
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
- Related The person behind this filer, where we can match one.
Performance vs S&P 500
Annualized: +21.5% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 100.0% · Options excluded: 0.0%
Sector breakdown
Full portfolio 10 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| RPAY Repay Holdings Corporation - Class A Common Stock | $46,647,502 | 17.54% | 11,106,548 | $22,616,126 | Up ×2 | ||
| RM Regional Management Corp. Common Stock | $39,076,470 | 14.69% | 948,458 | $6,205,238 | Down ×2 | ||
| MCFT MasterCraft Boat Holdings, Inc. - Common Stock | $37,466,731 | 14.09% | 1,451,074 | $4,419,440 | Down ×3 | ||
| MLKN MillerKnoll, Inc. - Common Stock | $31,955,267 | 12.02% | 1,561,841 | $10,672,446 | Up ×1 | ||
| OPRT Oportun Financial Corporation - common stock | $25,763,777 | 9.69% | 4,512,045 | $10,266,220 | Up ×3 | ||
| VMD Viemed Healthcare, Inc. - Common Shares | $24,409,498 | 9.18% | 2,141,184 | $-1,616,774 | Down ×1 | ||
| HOV Hovnanian Enterprises, Inc. Class A Common Stock | $21,296,988 | 8.01% | 149,547 | $-4,912,709 | Down ×1 | ||
| IIIV i3 Verticals, Inc. - Common Stock | $18,467,301 | 6.94% | 864,574 | $5,511,895 | Up ×2 | ||
| ICFI ICF International, Inc. - Common Stock | $17,187,674 | 6.46% | 235,900 | Up ×1 | |||
| IMXI International Money Express, Inc. - Common Stock | $3,672,048 | 1.38% | 254,121 | $-2,113,501 | Down ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| OPRT | $25,763,777 | 9.69% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| ICFI | $17,187,674 | 235,900 | 6.46% |
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| QIPT | March 31, 2026 | 4,199,562 | $14,824,454 | No longer tracked |
| WLDN | Sept. 30, 2025 | 167,957 | $10,498,992 | -12.6% |
| CVGI | March 31, 2025 | 1,937,099 | $4,804,006 | 167.8% |
| CCS | March 31, 2025 | 48,811 | $3,580,775 | 2.3% |
| RUSHA | June 30, 2026 | 47,822 | $3,161,512 | 6.3% |
| GTX | Dec. 31, 2025 | 166,095 | $2,262,214 | 52.0% |