Forager Capital Management, LLC: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1802986) · Explore on the interactive board
Forager Capital Management, LLC disclosed 10 US equity positions worth $265.9m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is RPAY at 17.5% of the reported book, followed by RM, MCFT. The top ten holdings are 100.0% of the book, and the portfolio behaves like about 8 equal-weight positions. Versus the prior filing it opened 1 new position, added to 4, reduced 5 and exited 1. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Forager Capital Management, LLC own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 1 new, 4 added, 5 reduced, 1 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | RPAY REPAY HLDGS CORP | Technology | 17.5% | $46.6m | 11,106,548 | 20% | added |
| 2 | RM REGIONAL MGMT CORP | 14.7% | $39.1m | 948,458 | -7% | reduced | |
| 3 | MCFT MASTERCRAFT BOAT HLDGS INC | Consumer Cyclical | 14.1% | $37.5m | 1,451,074 | -10% | reduced |
| 4 | MLKN MILLERKNOLL INC | Consumer Cyclical | 12.0% | $32.0m | 1,561,841 | 6% | added |
| 5 | OPRT OPORTUN FINL CORP | 9.7% | $25.8m | 4,512,045 | 34% | added | |
| 6 | VMD VIEMED HEALTHCARE INC | Healthcare | 9.2% | $24.4m | 2,141,184 | -24% | reduced |
| 7 | HOV HOVNANIAN ENTERPRISES INC | Consumer Cyclical | 8.0% | $21.3m | 149,547 | -37% | reduced |
| 8 | IIIV I3 VERTICALS INC | 6.9% | $18.5m | 864,574 | 49% | added | |
| 9 | ICFI ICF INTL INC | Industrials | 6.5% | $17.2m | 235,900 | – | new |
| 10 | IMXI INTERNATIONAL MONEY EXPRESS | Technology | 1.4% | $3.7m | 254,121 | -31% | reduced |
What did Forager Capital Management, LLC sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| RUSHA RUSH ENTERPRISES INC | 100.0% | $3.2m |
Sector mix
| Sector | Weight |
|---|---|
| Consumer Cyclical | 34.1% |
| Technology | 18.9% |
| Healthcare | 9.2% |
| Industrials | 6.5% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Forager Capital Management, LLC's portfolio?
Across every quarter Forager Capital Management, LLC has filed, its median largest position is 17.0% of the book and its median top-ten weight is 100.0%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 1.0 completed holding spells, the median lasted 1.0 quarters; 10.0 positions are still open and their final length is unknown.