Catawba River Capital
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 5, 2026), Catawba River Capital reported 22 stock positions worth $224.8 million. Its top holding was SPDR Gold Shares (GLD) at 12.8% of the portfolio, followed by Construction Partners Class A (ROAD, 10.8%) and Regeneron Pharmaceuticals (REGN, 10.1%). Compared with Q3 2025, it opened 4 new positions, sold out of 2, added to 8 and reduced 10. The biggest buy was a new position in SPX Technologies (SPXC) and the biggest sale an exit from Bluelinx (BXC).
- Most Recent 13F
- Q2 2026
- Location
- LAKE WYLIE, SC
- CIK
- 0001843303
- Portfolio Value
- $224.8M (Q4 2025)
- SEC Filing
- 0001843303-26-000001 ↗ filed Feb 5, 2026
Holdings Value
Holdings 22 stocks · $224.8M
| GLD SPDR Gold Shares | 12.83% | 72,751 | $28.8M | Reduce -2.1% |
| ROAD Construction Partners Inc. Class A | 10.79% | 223,509 | $24.3M | Reduce -1.8% |
| REGN Regeneron Pharmaceuticals | 10.08% | 29,344 | $22.6M | Reduce -1.4% |
| QXO Qxo Inc. | 9.69% | 1,128,814 | $21.8M | Add +0.9% |
| CDRE Cadre Holdings Inc. | 8.35% | 459,336 | $18.8M | Reduce -1.1% |
| PRM Perimeter Solutions Inc. | 7.36% | 600,896 | $16.5M | Reduce -2.4% |
| HEI.A Heico Corp. Class A | 5.98% | 53,264 | $13.4M | Reduce -0.6% |
| FBND Fidelity Total Bond ETF | 4.95% | 241,506 | $11.1M | Reduce -0.1% |
| DHR Danaher Corp. | 4.09% | 40,211 | $9.2M | Add +0.4% |
| SCI Service Corp. International | 3.91% | 112,604 | $8.8M | Add +0.6% |
| CWST Casella Waste Systems Inc. Class A | 3.74% | 85,923 | $8.4M | Add +2.4% |
| SPXC SPX Technologies Inc. | 3.40% | 38,199 | $7.6M | New |
| FSV Firstservice Corp. | 3.39% | 48,939 | $7.6M | Add +2.6% |
| ROP Roper Technologies Inc. | 2.90% | 14,668 | $6.5M | Add +2.9% |
| DSGR Distribution Solutions Group | 2.71% | 222,455 | $6.1M | Reduce -0.1% |
| FLL Full House Resorts Inc. filed as FULL HSE RESORTS INC | 1.93% | 1,660,719 | $4.3M | Reduce -3.3% |
| DBL Doubleline Opport Credit | 1.75% | 257,639 | $3.9M | Add +4.2% |
| PDI PIMCO Dynamic Income Fund | 1.38% | 175,111 | $3.1M | Add +0.6% |
| IAU iShares Gold Trust | 0.32% | 8,748 | $710K | Reduce -4.5% |
| GPGI Gpgi Inc. filed as COMPOSECURE INC | 0.26% | 30,225 | $583K | New |
| DFAW Dimensional World Eqty ETF | 0.12% | 3,529 | $261K | New |
| DFAC Dimensional US Core Equity 2 | 0.09% | 5,330 | $211K | New |
Portfolio Sells Q3 2025 → Q4 2025
| BXC Bluelinx Holdings Inc. | Sold out | 0.00% | −3.37 |
| ROAD Construction Partners Inc. Class A | Reduce -1.8% | 10.79% | −2.32 |
| GLRE Greenlight Capital Re Ltd. Class A | Sold out | 0.00% | −1.15 |
| FLL Full House Resorts Inc. | Reduce -3.3% | 1.93% | −0.57 |
| DSGR Distribution Solutions Group | Reduce -0.1% | 2.71% | −0.33 |
| HEI.A Heico Corp. Class A | Reduce -0.6% | 5.98% | −0.20 |
| FBND Fidelity Total Bond ETF | Reduce -0.1% | 4.95% | −0.12 |
| IAU iShares Gold Trust | Reduce -4.5% | 0.32% | +0.01 |
| CDRE Cadre Holdings Inc. | Reduce -1.1% | 8.35% | +0.65 |
| GLD SPDR Gold Shares | Reduce -2.1% | 12.83% | +0.84 |
| PRM Perimeter Solutions Inc. | Reduce -2.4% | 7.36% | +1.11 |
| REGN Regeneron Pharmaceuticals | Reduce -1.4% | 10.08% | +2.49 |
Portfolio Buys Q3 2025 → Q4 2025
| SPXC SPX Technologies Inc. | New | 3.40% | +3.40 |
| DHR Danaher Corp. | Add +0.4% | 4.09% | +0.49 |
| GPGI Gpgi Inc. | New | 0.26% | +0.26 |
| CWST Casella Waste Systems Inc. Class A | Add +2.4% | 3.74% | +0.13 |
| DFAW Dimensional World Eqty ETF | New | 0.12% | +0.12 |
| DFAC Dimensional US Core Equity 2 | New | 0.09% | +0.09 |
| QXO Qxo Inc. | Add +0.9% | 9.69% | +0.02 |
| DBL Doubleline Opport Credit | Add +4.2% | 1.75% | +0.00 |
| PDI PIMCO Dynamic Income Fund | Add +0.6% | 1.38% | −0.18 |
| SCI Service Corp. International | Add +0.6% | 3.91% | −0.32 |
| ROP Roper Technologies Inc. | Add +2.9% | 2.90% | −0.32 |
| FSV Firstservice Corp. | Add +2.6% | 3.39% | −0.73 |
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 |