We are live on ! Find out more
FCM

Forager Capital Management Portfolio holdings

AUM $266M
1-Year Est. Return 40%
This Fund
S&P 500
This Quarter Est. Return
-3.39%
1 Year Est. Return
+40%
3 Year Est. Return
+52.62%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$201M
AUM Growth
-$20M
Cap. Flow
-$10.6M
Cap. Flow %
-5.27%
Top 10 Hldgs %
100%
Holding
11
New
–
Increased
4
Reduced
4
Closed
1

Top Buys

Rank Stock Value
1
RPAY icon
Repay Holdings
RPAY
+$16.8M
2
OPRT icon
Oportun Financial
OPRT
+$5M
3
IIIV icon
i3 Verticals
IIIV
+$698K
4
VMD icon
Viemed Healthcare
VMD
+$333K

Top Sells

Rank Stock Value
1
QIPT
Quipt Home Medical
QIPT
+$14.8M
2
RUSHA icon
Rush Enterprises Class A
RUSHA
+$12.6M
3
RM icon
Regional Management Corp
RM
+$2.29M
4
MCFT icon
MasterCraft Boat Holdings
MCFT
+$1.9M
5
MLKN icon
MillerKnoll
MLKN
+$1.77M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 41.67%
2 Financials 24.08%
3 Technology 21.29%
4 Healthcare 12.96%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MCFT icon
1
MasterCraft Boat Holdings
MCFT
$579M
$33M 16.45%
1,611,277
-87,841
-5% -$1.9M
RM icon
2
Regional Management Corp
RM
$300M
$32.9M 16.36%
1,019,263
-65,835
-6% -$2.29M
HOV icon
3
Hovnanian Enterprises
HOV
$760M
$26.2M 13.05%
236,315
– –
VMD icon
4
Viemed Healthcare
VMD
$336M
$26M 12.96%
2,825,871
+40,000
+1% +$333K
RPAY icon
5
Repay Holdings
RPAY
$310M
$24M 11.96%
9,242,837
+5,252,111
+132% +$16.8M
MLKN icon
6
MillerKnoll
MLKN
$1.58B
$21.3M 10.6%
1,471,841
-90,000
-6% -$1.77M
OPRT icon
7
Oportun Financial
OPRT
$338M
$15.5M 7.72%
3,361,726
+981,726
+41% +$5M
IIIV icon
8
i3 Verticals
IIIV
$293M
$13M 6.45%
579,401
+30,000
+5% +$698K
IMXI icon
9
International Money Express
IMXI
$437M
$5.79M 2.88%
366,174
– –
RUSHA icon
10
Rush Enterprises Class A
RUSHA
$8.27B
$3.16M 1.57%
47,822
-192,000
-80% -$12.6M
QIPT
11
DELISTED
Quipt Home Medical
QIPT
– –
-4,199,562
Closed -$14.8M

Similar funds

RGF
Retirement Guys Formula Maumee, Ohio $266M AUM 25.32% 1-Year Est. Return
MH
Mishpacha Holdings Road Town $266M AUM
VF
Vawter Financial Columbus, Ohio $266M AUM 19.21% 1-Year Est. Return
I
IMPACTfolio Denver, Colorado $266M AUM 18.48% 1-Year Est. Return
SSA
SSA Swiss Advisors Zurich $266M AUM 24.57% 1-Year Est. Return
BCA
Ballentine Capital Advisors Greenville, South Carolina $265M AUM 18.67% 1-Year Est. Return
WFA
WMG Financial Advisors Knoxville, Tennessee $265M AUM 26.03% 1-Year Est. Return
HBS
Howard Bailey Securities Fort Wayne, Indiana $267M AUM 15.68% 1-Year Est. Return

Forager Capital Management's Q1 2026 Portfolio in Review

As of Q1 2026, Forager Capital Management held 11 positions worth $201M, down 9.1% from $221M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Forager Capital Management withdrew a net $10.6M in Q1 2026, closing 1 position and reducing 4 holdings. Its most notable exit was Quipt Home Medical, an estimated $14.8M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 42% of assets, down from 44% a quarter earlier, followed by Financials and Technology.

Against the trend, Forager Capital Management added an estimated $16.8M to Repay Holdings.

  • Forager Capital Management added most to Repay Holdings in Q1 2026, an estimated $16.8M increase.
  • Forager Capital Management's biggest Q1 2026 reduction was Rush Enterprises Class A, cutting an estimated $12.6M.
  • Forager Capital Management fully exited Quipt Home Medical in Q1 2026, selling an estimated $14.8M.
  • Forager Capital Management's ten largest holdings make up 100% of its $201M portfolio in Q1 2026.
  • Forager Capital Management opened 0 new positions and closed 1 in Q1 2026.
  • Forager Capital Management's portfolio value fell 9.1% quarter-over-quarter to $201M.

Based on Forager Capital Management's 13F filing for Q1 2026, filed 15 May 2026.