Mill Road Capital Management LLC 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Mill Road Capital Management LLC disclosed 25 US equity positions worth $192.0m in its Q3 2025 13F filing. The largest position was ALTG at 16.2% of the reported book, followed by NVRI and PFMTUSD. Against the Q2 2025 filing, it opened 2 new positions, added to 5 and reduced 1 among the top 25 holdings.
What did Mill Road Capital Management LLC own in Q3 2025? Top 25 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | ALTG ALTA EQUIPMENT GROUP INC | 16.2% | $31.1m | 4,293,208 | 0% | held | |
| 2 | NVRI ENVIRI CORP | Industrials | 13.8% | $26.5m | 2,090,743 | 1% | added |
| 3 | PFMTUSD PERFORMANT HEALTHCARE INC | 13.1% | $25.2m | 3,261,675 | 0% | held | |
| 4 | BZH BEAZER HOMES USA INC | Consumer Cyclical | 10.4% | $20.0m | 814,474 | -0% | held |
| 5 | MG MISTRAS GROUP INC | 8.6% | $16.5m | 1,672,381 | 0% | held | |
| 6 | NGS NATURAL GAS SVCS GROUP INC | Energy | 5.9% | $11.3m | 404,745 | 0% | held |
| 7 | BXC BLUELINX HLDGS INC | Industrials | 4.9% | $9.3m | 127,864 | 0% | held |
| 8 | KRP KIMBELL RTY PARTNERS LP | 4.3% | $8.2m | 608,195 | -10% | reduced | |
| 9 | PLAB PHOTRONICS INC | Technology | 3.9% | $7.5m | 324,620 | 0% | held |
| 10 | QNST QUINSTREET INC | Communication Services | 3.0% | $5.7m | 366,679 | 11% | added |
| 11 | NDLS NOODLES & CO | 2.3% | $4.4m | 6,965,291 | 0% | held | |
| 12 | LCUT LIFETIME BRANDS INC | 2.1% | $4.1m | 1,065,810 | 0% | held | |
| 13 | ZIMV ZIMVIE INC | 1.8% | $3.5m | 187,430 | 0% | held | |
| 14 | FWRD FORWARD AIR CORP | 1.7% | $3.3m | 127,650 | – | new | |
| 15 | 5TC TRUECAR INC | 1.7% | $3.2m | 1,723,800 | 0% | held | |
| 16 | BBCP CONCRETE PUMPING HLDGS INC | Industrials | 1.6% | $3.0m | 429,005 | 0% | held |
| 17 | CNTY CENTURY CASINOS INC | 1.5% | $2.9m | 1,095,900 | 0% | held | |
| 18 | RSVR RESERVOIR MEDIA INC | 1.4% | $2.7m | 327,746 | 1319% | added | |
| 19 | CULP CULP INC | 0.8% | $1.4m | 324,669 | 0% | held | |
| 20 | TITAN AMER SA | 0.4% | $703.7k | 47,100 | 24% | added | |
| 21 | GO GROCERY OUTLET HLDG CORP | Consumer Defensive | 0.3% | $560.1k | 34,900 | 249% | added |
| 22 | BLBD BLUE BIRD CORP | Industrials | 0.2% | $333.8k | 5,800 | 0% | held |
| 23 | CVEO CIVEO CORP | 0.2% | $322.0k | 14,000 | – | new | |
| 24 | INOTIV INC | 0.1% | $221.8k | 1,000,000 | 0% | held | |
| 25 | AIOT POWERFLEET INC | Technology | 0.0% | $78.6k | 15,000 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.