Mill Road Capital Management LLC
CIK 1512275 · View on SEC EDGAR ↗
- Portfolio value
- $198.3M
- Positions
- 22
- As of
- June 30, 2026
#6,492 of 9,443 by 13F value · top 68.7%
Portfolio value QoQ: +5.3% 13F does not disclose cash
- Top 10 holdings weight
- 84.93%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 16
- Effective number of positions
- 10.3
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 4.31% Est. buys $8,334,241 · sells $40,004,798
Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 61.1% still held
- New positions
- 0
- Increased
- 7
- Decreased
- 6
- Closed
- 1
On this page
- 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.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Industrials
52.6%
Consumer products
16.2%
Retail
14.6%
Consumer Discretionary
5.4%
Communication Services
4.3%
Diversified Consumer Services
2.8%
Logistics & Transportation
2.0%
Energy
1.6%
Other/Unmapped
0.5%
Full portfolio 22 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| MG Mistras Group Inc Common Stock | $33,708,522 | 17.00% | 1,929,509 | $6,061,350 | Up ×4 | ||
| ALTG Alta Equipment Group Inc. Class A Common Stock | $28,294,656 | 14.27% | 4,373,208 | $4,810,529 | |||
| GO Grocery Outlet Holding Corp. - Common Stock | $24,489,892 | 12.35% | 2,453,897 | $7,775,068 | Up ×4 | ||
| BZH Beazer Homes USA, Inc. Common Stock | $23,596,642 | 11.90% | 841,235 | $7,472,849 | Up ×3 | ||
| NVRI Enviri Corporation Common Stock | $15,261,045 | 7.70% | 695,264 | $-25,759,333 | Down ×1 | ||
| BWMN Bowman Consulting Group Ltd. - Common Stock | $9,749,062 | 4.92% | 333,872 | $3,767,191 | Up ×1 | ||
| NDLS Noodles & Company - Class A Common Stock | $8,781,525 | 4.43% | 587,393 | $3,759,315 | |||
| LCUT Lifetime Brands, Inc. - Common Stock | $8,569,630 | 4.32% | 1,004,646 | $2,451,881 | Down ×1 | ||
| BXC Bluelinx Holdings Inc. Common Stock | $8,351,572 | 4.21% | 134,964 | $1,039,222 | |||
| QNST QuinStreet, Inc. - Common Stock | $7,601,577 | 3.83% | 518,879 | $1,369,840 | |||
| MATW Matthews International Corporation - Class A Common Stock | $5,508,236 | 2.78% | 204,615 | $1,048,735 | Up ×2 | ||
| BBCP Concrete Pumping Holdings, Inc. - Common Stock | $5,191,200 | 2.62% | 430,805 | $2,115,252 | |||
| ARHS Arhaus, Inc. - Class A Common Stock | $4,436,498 | 2.24% | 526,900 | $1,698,056 | Up ×1 | ||
| FWRD Forward Air Corporation - Common Stock | $3,948,298 | 1.99% | 292,250 | $159,305 | Up ×3 | ||
| CVEO Civeo Corporation (Canada) Common Shares | $3,259,830 | 1.64% | 93,138 | $567,843 | Down ×1 | ||
| KRP Kimbell Royalty Partners Common Units Representing Limited Partner Interests | $3,131,142 | 1.58% | 215,495 | $-70,997 | Down ×6 | ||
| CNTY Century Casinos, Inc. - Common Stock | $1,402,752 | 0.71% | 1,095,900 | $-120,549 | |||
| CULP Culp, Inc. - Common Shares | $1,006,474 | 0.51% | 324,669 | $116,881 | |||
| RSVR Reservoir Media, Inc.. - Common Stock | $888,696 | 0.45% | 89,858 | $-4,600,146 | Down ×2 | ||
| PZZA Papa John's International, Inc. - Common Stock | $603,028 | 0.30% | 16,400 | $-430,851 | Down ×1 | ||
| BLBD Blue Bird Corporation - Common Stock | $457,968 | 0.23% | 5,800 | $128,586 | |||
| AIOT PowerFleet, Inc. - Common Stock | $57,833 | 0.03% | 15,100 | $11,325 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| NVRI | Trimmed | -1.4M | -$25.8M |
| GO | Bought more | +83K | +$7.8M |
| BZH | Bought more | +3K | +$7.5M |
| MG | Bought more | +59K | +$6.1M |
| ALTG | Price move only | +0 | +$4.8M |
| BWMN | Bought more | +124K | +$3.8M |
| NDLS | Price move only | +0 | +$3.8M |
| LCUT | Trimmed | -61K | +$2.5M |
| BBCP | Price move only | +0 | +$2.1M |
| ARHS | Bought more | +123K | +$1.7M |
1 position hidden (data completeness check)
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 |
|---|---|---|---|---|
| PHLT | Dec. 31, 2025 | 3,261,675 | $25,212,748 | No longer tracked |
| LSEA | June 30, 2025 | 2,618,987 | $16,813,897 | No longer tracked |
| SSUP | June 30, 2025 | 4,380,940 | $9,331,402 | No longer tracked |
| NGS | March 31, 2026 | 109,000 | $3,667,850 | -4.7% |
| ZIMV | Dec. 31, 2025 | 187,430 | $3,549,924 | No longer tracked |
| PLAB | June 30, 2026 | 80,200 | $3,240,882 | -5.6% |
| ACEL | June 30, 2025 | 285,485 | $2,832,011 | 0.6% |
| FWRDXXXX | June 30, 2025 | 127,650 | $2,564,489 | No longer tracked |
| BWMN | Sept. 30, 2025 | 88,007 | $2,530,201 | 0.4% |
| TRUE | March 31, 2026 | 886,075 | $2,002,530 | No longer tracked |
| ATRO | March 31, 2025 | 94,971 | $1,515,737 | 214.1% |
| ALNT | June 30, 2025 | 50,000 | $1,099,000 | 174.4% |
| TTAM | Dec. 31, 2025 | 47,100 | $703,674 | -8.5% |
| ARHS | March 31, 2025 | 48,200 | $453,080 | 9.7% |
| MRC | March 31, 2025 | 34,300 | $438,354 | No longer tracked |