FCM
Forager Capital Management Portfolio holdings
AUM
$266M
Turnover
18.18%
1-Year Est. Return
40%
This Fund
S&P 500
This Quarter
Est. Return
-9.47%
1 Year Est. Return
+40%
3 Year Est. Return
+52.62%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$218M
AUM Growth
+$11.8M
(+5.7%)
Cap. Flow
+$37.7M
Cap. Flow
% of AUM
17.29%
Top 10 Holdings %
Top 10 Hldgs %
89.87%
Holding
14
New
1
Increased
10
Reduced
2
Closed
1
Avg Time Held
0.2
years
Top 10 Avg Time Held
0.2
years
Top 20 Avg Time Held
0.2
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
International Money Express
IMXI
|
+$15.2M |
| 2 |
Willdan Group
WLDN
|
+$7.83M |
| 3 |
Garrett Motion
GTX
|
+$5.65M |
| 4 |
Regional Management Corp
RM
|
+$5.1M |
| 5 |
MasterCraft Boat Holdings
MCFT
|
+$4.47M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GTXAP
Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock
GTXAP
|
+$5.6M |
| 2 |
Rush Enterprises Class A
RUSHA
|
+$1.13M |
| 3 |
Century Communities
CCS
|
+$186K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 32.42% |
| 2 | Consumer Discretionary | 31.84% |
| 3 | Financials | 12.08% |
| 4 | Real Estate | 8.98% |
| 5 | Technology | 8.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Willdan Group
WLDN
$1.1B
| $50.2M | 23.07% |
1,636,329
+251,697
| +18% | +$7.83M |
2021 Q4
1 quarter
|
|
|
2
Regional Management Corp
RM
$309M
| $26.3M | 12.08% |
541,637
+100,767
| +23% | +$5.1M |
2021 Q4
1 quarter
|
|
|
3
MasterCraft Boat Holdings
MCFT
$466M
| $20.7M | 9.5% |
839,990
+168,225
| +25% | +$4.47M |
2021 Q4
1 quarter
|
|
|
4
Century Communities
CCS
$1.53B
| $19.6M | 8.98% |
365,143
-2,900
| -0.8% | -$186K |
2021 Q4
1 quarter
|
|
|
5
International Money Express
IMXI
$315M
| $18.2M | 8.37% |
+884,481
| New | +$15.2M |
2022 Q1
0 quarters
|
|
|
6
Rush Enterprises Class A
RUSHA
$5.14B
| $13.2M | 6.06% |
583,227
-48,375
| -8% | -$1.13M |
2021 Q4
1 quarter
|
|
7
MillerKnoll
MLKN
$1.44B
| $12.9M | 5.94% |
374,405
+30,000
| +9% | +$1.11M |
2021 Q4
1 quarter
|
|
8
ACCESS Newswire
ACCS
$17.4M
| $12M | 5.52% |
403,949
+9,252
| +2% | +$259K |
2021 Q4
1 quarter
|
|
|
9
Garrett Motion
GTX
$4.69B
| $11.9M | 5.48% |
1,558,763
+788,679
| +102% | +$5.65M |
2021 Q4
1 quarter
|
|
10
Commercial Vehicle Group
CVGI
$113M
| $10.6M | 4.86% |
1,252,057
+169,470
| +16% | +$1.37M |
2021 Q4
1 quarter
|
|
11
Eastern Company
EML
$150M
| $8.36M | 3.84% |
358,868
+35,220
| +11% | +$870K |
2021 Q4
1 quarter
|
|
12
Viemed Healthcare
VMD
$367M
| $8.05M | 3.7% |
1,577,646
+268,673
| +21% | +$1.25M |
2021 Q4
1 quarter
|
|
13
Travelzoo
TZOO
$52.7M
| $5.65M | 2.59% |
861,192
+171,645
| +25% | +$1.46M |
2021 Q4
1 quarter
|
|
|
GTXAP
14
DELISTED
Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock
GTXAP
| – | – |
-668,679
| Closed | -$5.6M | – |
|
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FOR
Forager Capital Management's Q1 2022 Portfolio in Review
As of Q1 2022, Forager Capital Management held 14 positions worth $218M, up 5.7% from $206M the previous quarter. Its ten largest holdings account for 90% of the portfolio.
Forager Capital Management deployed $37.7M of net new capital in Q1 2022, opening 1 new position and adding to 10 existing holdings. Its largest new stake was International Money Express: 884,481 shares worth $18.2M.
By sector, the portfolio is most concentrated in Industrials at 32% of assets, down from 33% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Rush Enterprises Class A, an estimated $1.13M trimmed.
- Forager Capital Management's largest Q1 2022 buy was International Money Express: 884,481 shares worth $18.2M.
- Forager Capital Management added most to Willdan Group in Q1 2022, an estimated $7.83M increase.
- Forager Capital Management's biggest Q1 2022 reduction was Rush Enterprises Class A, cutting an estimated $1.13M.
- Forager Capital Management fully exited Garrett Motion Inc. Series A Cumulative Convertible Preferred Stock in Q1 2022, selling an estimated $5.6M.
- Forager Capital Management's ten largest holdings make up 90% of its $218M portfolio in Q1 2022.
- Forager Capital Management opened 1 new position and closed 1 in Q1 2022.
- Forager Capital Management's portfolio value rose 5.7% quarter-over-quarter to $218M.
Based on Forager Capital Management's 13F filing for Q1 2022, filed 16 May 2022.