Catawba River Capital
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 29, 2025), Catawba River Capital reported 19 stock positions worth $164.4 million. Its top holding was Construction Partners Class A (ROAD) at 13.5% of the portfolio, followed by SPDR Gold Shares (GLD, 12.7%) and Cadre (CDRE, 8.2%). Compared with Q4 2024, it opened 2 new positions, sold out of 1, added to 8 and reduced 9. The biggest buy was a new position in Qxo (QXO) and the biggest sale an exit from Transcat (TRNS).
- Most Recent 13F
- Q2 2026
- Location
- LAKE WYLIE, SC
- CIK
- 0001843303
- Portfolio Value
- $164.4M (Q1 2025)
- SEC Filing
- 0001843303-25-000006 ↗ filed Apr 29, 2025
Holdings Value
Holdings 19 stocks · $164.4M
| ROAD Construction Partners Inc. Class A | 13.53% | 309,399 | $22.2M | Add +0.2% |
| GLD SPDR Gold Shares | 12.69% | 72,402 | $20.9M | Reduce -0.5% |
| CDRE Cadre Holdings Inc. | 8.20% | 455,138 | $13.5M | Reduce -0.1% |
| HEI.A Heico Corp. Class A | 6.90% | 53,738 | $11.3M | Reduce -0.8% |
| WCN Waste Connections Inc. | 5.74% | 48,315 | $9.4M | Reduce -0.3% |
| TYL Tyler Technologies Inc. | 5.65% | 15,987 | $9.3M | Reduce -1.6% |
| CWST Casella Waste Systems Inc. Class A | 5.49% | 80,897 | $9.0M | Reduce -0.5% |
| SCI Service Corp. International | 5.38% | 110,304 | $8.8M | Reduce -0.1% |
| ROP Roper Technologies Inc. | 4.92% | 13,714 | $8.1M | Add +0.7% |
| FSV Firstservice Corp. | 4.68% | 46,410 | $7.7M | Add +0.4% |
| QXO Qxo Inc. | 4.04% | 490,052 | $6.6M | New |
| FLL Full House Resorts Inc. filed as FULL HSE RESORTS INC | 3.82% | 1,502,207 | $6.3M | Reduce -3.9% |
| REGN Regeneron Pharmaceuticals | 3.73% | 9,670 | $6.1M | Add +4.2% |
| PRM Perimeter Solutions Inc. | 3.69% | 603,055 | $6.1M | Add +0.7% |
| DHR Danaher Corp. | 3.58% | 28,711 | $5.9M | Add +2.1% |
| CTOS Custom Truck One Source Inc. | 3.51% | 1,367,779 | $5.8M | Add +1.4% |
| DSGR Distribution Solutions Group | 3.20% | 188,004 | $5.3M | Add +3.5% |
| FBND Fidelity Total Bond ETF | 0.93% | 33,636 | $1.5M | New |
| IAU iShares Gold Trust | 0.33% | 9,163 | $540K | Reduce -2.1% |
Portfolio Sells Q4 2024 → Q1 2025
| TRNS Transcat Inc. | Sold out | 0.00% | −4.24 |
| CDRE Cadre Holdings Inc. | Reduce -0.1% | 8.20% | −0.58 |
| FLL Full House Resorts Inc. | Reduce -3.9% | 3.82% | +0.02 |
| IAU iShares Gold Trust | Reduce -2.1% | 0.33% | +0.05 |
| TYL Tyler Technologies Inc. | Reduce -1.6% | 5.65% | +0.06 |
| SCI Service Corp. International | Reduce -0.1% | 5.38% | +0.13 |
| CWST Casella Waste Systems Inc. Class A | Reduce -0.5% | 5.49% | +0.36 |
| WCN Waste Connections Inc. | Reduce -0.3% | 5.74% | +0.77 |
| HEI.A Heico Corp. Class A | Reduce -0.8% | 6.90% | +0.89 |
| GLD SPDR Gold Shares | Reduce -0.5% | 12.69% | +2.18 |
Portfolio Buys Q4 2024 → Q1 2025
| QXO Qxo Inc. | New | 4.04% | +4.04 |
| FBND Fidelity Total Bond ETF | New | 0.93% | +0.93 |
| ROP Roper Technologies Inc. | Add +0.7% | 4.92% | +0.70 |
| REGN Regeneron Pharmaceuticals | Add +4.2% | 3.73% | −0.21 |
| DHR Danaher Corp. | Add +2.1% | 3.58% | −0.27 |
| FSV Firstservice Corp. | Add +0.4% | 4.68% | −0.31 |
| CTOS Custom Truck One Source Inc. | Add +1.4% | 3.51% | −0.36 |
| DSGR Distribution Solutions Group | Add +3.5% | 3.20% | −0.52 |
| PRM Perimeter Solutions Inc. | Add +0.7% | 3.69% | −0.87 |
| ROAD Construction Partners Inc. Class A | Add +0.2% | 13.53% | −2.76 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 24 | $223.5M | FBND, PRM, QXO, CDRE, ROAD |
| Q1 2026 | 24 | $208.0M | FBND, QXO, GLD, ROAD, PRM |
| Q4 2025 | 22 | $224.8M | GLD, ROAD, REGN, QXO, CDRE |
| Q3 2025 | 20 | $220.5M | ROAD, GLD, QXO, CDRE, REGN |
| Q2 2025 | 18 | $196.7M | ROAD, QXO, GLD, REGN, CDRE |
| Q1 2025 | 19 | $164.4M | ROAD, GLD, CDRE, HEI.A, WCN |
| Q4 2024 | 18 | $167.7M | ROAD, GLD, CDRE, HEI.A, TYL |
| Q3 2024 | 18 | $158.1M | ROAD, GLD, CDRE, HEI.A, TYL |
| Q2 2024 | 20 | $165.3M | ROAD, GLD, CDRE, HEI.A, REGN |
| Q1 2024 | 19 | $171.7M | ROAD, REGN, OXY, CDRE, GLD |