BRC Group Holdings, Inc.

Name: BRC Group Holdings, Inc. 13F holdings, Q4 2024
Creator: BRC Group Holdings, Inc.
Published: 2025-02-14

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), BRC Group Holdings, Inc. reported 13 stock positions worth $119.2 million. Its top holding was Babcock & Wilcox Enterpr (BW) at 37.8% of the portfolio, followed by Doubledown Interactive -ADR (DDI, 36.7%) and Cadiz (CDZI, 7.6%). Compared with Q3 2024, it opened 3 new positions, sold out of 3, added to 2 and reduced 3. The biggest buy was Cadiz (CDZI, shares +825%) and the biggest sale an exit from Lilium (LILMF).

Most Recent 13F: Q2 2026
Location: LOS ANGELES, CA
CIK: 0001464790
Portfolio Value: $119.2M (Q4 2024)
SEC Filing: 0001213900-25-014387 ↗ filed Feb 14, 2025

Holdings Value

Holdings 13 stocks · $119.2M


BW Babcock & Wilcox Enterpr	37.75%	27,446,522	$45.0M	No change
DDI Doubledown Interactive -ADR	36.66%	4,186,412	$43.7M	Add +3.8%
CDZI Cadiz Inc.	7.56%	1,733,972	$9.0M	Add +825.2%
SNCR Synchronoss Technologies Inc.	6.04%	749,948	$7.2M	Reduce -0.4%
LSEA Landsea Homes Corp.	3.56%	500,090	$4.2M	New
TACT Transact Technologies Inc.	3.21%	935,143	$3.8M	No change
EGHT 8X8 Inc.	2.00%	893,512	$2.4M	Reduce -8.7%
AGEN Agenus Inc.	1.74%	756,956	$2.1M	New
GAME Gamesquare Hldgs Inc.	0.85%	1,233,083	$1.0M	No change
THE REAL GOOD FOOD COMPANY I	0.30%	940,479	$361K	No change
DRDBU Roman DBDR Acquisition Corp.	0.30%	35,294	$352K	New
ALTISOURCE PORTFOLIO SOLNS S	0.02%	31,874	$21K	Reduce -88.1%
RMCO Royalty Management Holding C	0.02%	20,000	$20K	No change

Other holdings (3): bonds, preferreds, convertibles and warrants · $323K (not counted above)

Security	Class	Shares / Principal	Value	Change
EOS ENERGY ENTER -CW26	*W EXP 11/17/202	274,400	$269K	No change
WOLF Wolfspeed Inc. (wolf 0.25 02/15/28)	NOTE 0.250% 2/1 · principal	100,000	$46K	New
CHEGG INC (CHGG 0 09/01/26)	NOTE 9/0 · principal	10,000	$8K	New

Total filed on the 13F, all lines: $119.6M.

Portfolio Sells Q3 2024 → Q4 2024


LILMF Lilium NV	Sold out	0.00%	−4.34
SNCR Synchronoss Technologies Inc.	Reduce -0.4%	6.04%	−1.66
ALTISOURCE PORTFOLIO SOLNS S	Reduce -88.1%	0.02%	−0.20
URGENTLY INC	Sold out	0.00%	−0.15
CMTL Comtech Telecommunications	Sold out	0.00%	−0.10
EGHT 8X8 Inc.	Reduce -8.7%	2.00%	+0.67

Portfolio Buys Q3 2024 → Q4 2024


CDZI Cadiz Inc.	Add +825.2%	7.56%	+7.18
LSEA Landsea Homes Corp.	New	3.56%	+3.56
AGEN Agenus Inc.	New	1.74%	+1.74
DRDBU Roman DBDR Acquisition Corp.	New	0.30%	+0.30
DDI Doubledown Interactive -ADR	Add +3.8%	36.66%	−7.81

Notes & Other Activity Q3 2024 → Q4 2024


LEGWQ Lion Electric Co./the-27	*W EXP 12/16/202	Sold out	1,399,006	$98Kbefore exit
WOLF Wolfspeed Inc. (wolf 0.25 02/15/28)	NOTE 0.250% 2/1 · principal	New	100,000	$46K
CHEGG INC (CHGG 0 09/01/26)	NOTE 9/0 · principal	New	10,000	$8K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	35	$433.4M	BW, DDI, SQNS, STLN, DRDB
Q1 2026	19	$456.0M	BW, DDI, SQNS, RIOT, DRDB
Q4 2025	20	$233.9M	BW, DDI, APLD, SQNS, SNCR
Q3 2025	21	$147.1M	BW, DDI, AMAT, SQNS, TRANSACT TECHNOLOGIES INC
Q2 2025	34	$88.6M	DDI, BW, BTBT, TRANSACT TECHNOLOGIES INC, DIREXION DLY S&P 500 BEAR 3X
Q1 2025	20	$79.3M	DDI, BW, TRANSACT TECHNOLOGIES INC, SNCR, LSEA
Q4 2024	13	$119.2M	BW, DDI, CDZI, SNCR, LSEA
Q3 2024	13	$149.6M	DDI, BW, SNCR, LILMF, TACT
Q2 2024	14	$122.9M	DDI, BW, SNCR, LILMF, TACT
Q1 2024	13	$103.2M	DDI, BW, SNCR, IPX, TACT