Chicago Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Chicago Capital Management, LLC reported 12 stock positions worth $20.0 million. Its top holding was Pioneer Natural Resources (PXD) at 21.0% of the portfolio, followed by Fusion Pharmaceuticals (FUSN, 18.1%) and Capstar Financial Holdings I (CSTR, 16.8%). Compared with Q4 2023, it opened 6 new positions, sold out of 9 and added to 4. The biggest buy was a new position in Fusion Pharmaceuticals (FUSN) and the biggest sale an exit from Bluegreen Vacations (BVH).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001580162
- Portfolio Value
- $20.0M (Q1 2024)
- SEC Filing
- 0001062993-24-009808 ↗ filed May 9, 2024
Holdings Value
Holdings 12 stocks · $20.0M
| PXD Pioneer Natural Resources Co. | 20.99% | 16,000 | $4.2M | Add +60.0% |
| FUSN Fusion Pharmaceuticals Inc. | 18.13% | 170,200 | $3.6M | New |
| CSTR Capstar Financial Holdings I | 16.84% | 167,626 | $3.4M | Add +7.8% |
| NWLI National Western Life Grou-A | 9.74% | 3,963 | $1.9M | No change |
| CERE Cerevel Therapeutics Holding | 8.33% | 39,437 | $1.7M | Add +192.1% |
| SP SP Plus Corp. | 7.12% | 27,274 | $1.4M | No change |
| HAYN Haynes International Inc. | 5.17% | 17,200 | $1.0M | New |
| AMNB Amer Natl Bnkshs/Danville Va filed as AMERICAN NATL BANKSHARES INC | 4.21% | 17,629 | $842K | Add +9.3% |
| HES Hess Corp. | 3.81% | 5,000 | $763K | New |
| CPRI Capri Holdings Ltd. | 2.26% | 10,000 | $453K | New |
| DOOR Masonite International Corp. | 1.72% | 2,616 | $344K | New |
| MGRC McGrath Rentcorp | 1.68% | 2,725 | $336K | New |
Other holdings (22): bonds, preferreds, convertibles and warrants · $49.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| EVERBRIDGE INC (EVBG 0.125 12/15/24) | NOTE 0.125%12/1 · principal | 2,361 | $9.1M | New |
| KAMAN CORP (KAMN 3.25 05/01/24) | NOTE 3.250% 5/0 · principal | 7,286 | $7.3M | Add +172.5% |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 6,772 | $6.0M | Add +81.4% |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | 7,203 | $5.7M | Add +2628.4% |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 4,189 | $3.8M | No change |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | 3,000 | $2.8M | No change |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 3,048 | $2.6M | Add +204.8% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 3,000 | $2.5M | Add +50.0% |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 2,500 | $2.3M | New |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 2,273 | $2.1M | New |
| CLARIVATE PLC (CLVT 5.25 06/01/24 A) | 5.25% PFD CONV A | 61,385 | $1.8M | No change |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 1,003 | $924K | New |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 1,000 | $920K | No change |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | 793 | $755K | Add +3.4% |
| RBC BEARINGS INC (RBC 5 10/15/24 A) | 5% CNV PFD SR A | 4,152 | $507K | No change |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 3,513 | $226K | New |
| EVERBRIDGE INC (EVBG 0 03/15/26) | NOTE 3/1 · principal | 9,289 | $23K | New |
| TECHTARGET HOLDINGS INC (TTGT 0 12/15/26) | NOTE 12/1 · principal | 7,018 | $7K | New |
| CARDLYTICS INC (CDLX 1 09/15/25) | NOTE 1.000% 9/1 · principal | 7,000 | $6K | New |
| MESA LABORATORIES INC (MLAB 1.375 08/15/25) | NOTE 1.375% 8/1 · principal | 4,000 | $4K | New |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | 5,450 | $3K | New |
| LIBERTY LATIN AMERICA (LILAK 2 07/15/24) | NOTE 2.000% 7/1 · principal | 3,029 | $3K | No change |
Total filed on the 13F, all lines: $69.5M.
Portfolio Sells Q4 2023 → Q1 2024
| BVH Bluegreen Vacations Holding | Sold out | 0.00% | −27.39 |
| SRC Spirit Realty Capital Inc. | Sold out | 0.00% | −14.56 |
| OLK Olink Holding AB - ADR | Sold out | 0.00% | −11.06 |
| SPLK Splunk Inc. | Sold out | 0.00% | −4.29 |
| RYZB Rayzebio Inc. | Sold out | 0.00% | −3.75 |
| AYX Alteryx Inc. Class A | Sold out | 0.00% | −1.77 |
| MRTX Mirati Therapeutics Inc. | Sold out | 0.00% | −1.62 |
| SOVO Sovos Brands Inc. | Sold out | 0.00% | −1.35 |
| SABR Sabre Corp. | Sold out | 0.00% | −0.30 |
Portfolio Buys Q4 2023 → Q1 2024
| FUSN Fusion Pharmaceuticals Inc. | New | 18.13% | +18.13 |
| PXD Pioneer Natural Resources Co. | Add +60.0% | 20.99% | +13.23 |
| CSTR Capstar Financial Holdings I | Add +7.8% | 16.84% | +6.79 |
| CERE Cerevel Therapeutics Holding | Add +192.1% | 8.33% | +6.36 |
| HAYN Haynes International Inc. | New | 5.17% | +5.17 |
| HES Hess Corp. | New | 3.81% | +3.81 |
| CPRI Capri Holdings Ltd. | New | 2.26% | +2.26 |
| DOOR Masonite International Corp. | New | 1.72% | +1.72 |
| MGRC McGrath Rentcorp | New | 1.68% | +1.68 |
| AMNB Amer Natl Bnkshs/Danville Va | Add +9.3% | 4.21% | +1.50 |
Notes & Other Activity Q4 2023 → Q1 2024
| EVERBRIDGE INC (EVBG 0.125 12/15/24) | NOTE 0.125%12/1 · principal | New | 2,361 | $9.1M |
| KAMAN CORP (KAMN 3.25 05/01/24) | NOTE 3.250% 5/0 · principal | Add +172.5% | 7,286 | $7.3M |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | Add +81.4% | 6,772 | $6.0M |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | Add +2628.4% | 7,203 | $5.7M |
| HERBALIFE LTD (HLF 2.625 03/15/24) | NOTE 2.625% 3/1 · principal | Sold out | 5,533 | $5.5Mbefore exit |
| GREENBRIER COS INC (GBX 2.875 02/01/24) | NOTE 2.875% 2/0 · principal | Sold out | 3,118 | $3.1Mbefore exit |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | Add +204.8% | 3,048 | $2.6M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Add +50.0% | 3,000 | $2.5M |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | New | 2,500 | $2.3M |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | New | 2,273 | $2.1M |
| ALTERYX INC (AYX 0.5 08/01/24) | NOTE 0.500% 8/0 · principal | Sold out | 1,666 | $1.6Mbefore exit |
| AES CORP/THE (AES 6.875 02/15/24) | UNIT 02/15/2024 | Sold out | 21,056 | $1.6Mbefore exit |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | New | 1,003 | $924K |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | Add +3.4% | 793 | $755K |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | New | 3,513 | $226K |
| EVERBRIDGE INC (EVBG 0 03/15/26) | NOTE 3/1 · principal | New | 9,289 | $23K |
| TECHTARGET HOLDINGS INC (TTGT 0 12/15/26) | NOTE 12/1 · principal | New | 7,018 | $7K |
| CARDLYTICS INC (CDLX 1 09/15/25) | NOTE 1.000% 9/1 · principal | New | 7,000 | $6K |
| MESA LABORATORIES INC (MLAB 1.375 08/15/25) | NOTE 1.375% 8/1 · principal | New | 4,000 | $4K |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | New | 5,450 | $3K |
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 | 12 | $48.4M | NUVL, APGE, GTLS, TMHC, CPRX |
| Q1 2026 | 12 | $47.3M | GTLS, JHG, ACLX, FOLD, APLS |
| Q4 2025 | 18 | $49.6M | CDTX, EXAS, JHG, CFLT, ATXS |
| Q3 2025 | 6 | $24.7M | VRNA, TRML, PBBK, CCRD, CFSB |
| Q2 2025 | 14 | $39.8M | SWTX, BPMC, OPOF, VIGL, PWOD |
| Q1 2025 | 14 | $44.0M | ITCI, FNA, CCRN, PDCO, EVBN |
| Q4 2024 | 15 | $42.8M | HTLF, EVBN, CCRN, AE, FFNW |
| Q3 2024 | 9 | $39.4M | HTLF, ENV, HAYN, RCM, FFNW |
| Q2 2024 | 11 | $27.5M | HAYN, HTLF, SILK, MCBC, WIRE |
| Q1 2024 | 12 | $20.0M | PXD, FUSN, CSTR, NWLI, CERE |