Chicago Capital Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 8, 2024), Chicago Capital Management, LLC reported 9 stock positions worth $39.4 million. Its top holding was Heartland Financial USA (HTLF) at 30.4% of the portfolio, followed by Envestnet (ENV, 26.6%) and Haynes International (HAYN, 15.2%). Compared with Q2 2024, it opened 6 new positions, sold out of 8 and added to 2. The biggest buy was a new position in Envestnet (ENV) and the biggest sale an exit from Silk Road Medical (SILK).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001580162
- Portfolio Value
- $39.4M (Q3 2024)
- SEC Filing
- 0001062993-24-018687 ↗ filed Nov 8, 2024
Holdings Value
Holdings 9 stocks · $39.4M
| HTLF Heartland Financial USA Inc. | 30.40% | 211,471 | $12.0M | Add +69.5% |
| ENV Envestnet Inc. | 26.58% | 167,428 | $10.5M | New |
| HAYN Haynes International Inc. | 15.25% | 101,010 | $6.0M | Add +159.8% |
| RCM R1 RCM Inc. | 8.77% | 244,195 | $3.5M | New |
| FFNW First Financial Northwest | 8.68% | 152,069 | $3.4M | New |
| PETQ Petiq Inc. | 4.49% | 57,558 | $1.8M | New |
| HMNF HMN Financial Inc. | 3.53% | 49,880 | $1.4M | New |
| HES Hess Corp. | 1.72% | 5,000 | $679K | No change |
| VBFC Village Bank and Trust Finan | 0.58% | 3,000 | $229K | New |
Other holdings (32): bonds, preferreds, convertibles and warrants · $20.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 6,500 | $5.8M | No change |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 4,189 | $3.9M | No change |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 3,048 | $2.7M | No change |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 2,277 | $2.1M | Add +0.2% |
| CRACKER BARREL OLD COUNT (CBRL 0.625 06/15/26) | NOTE 0.625% 6/1 · principal | 2,157 | $2.0M | New |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 34,012 | $1.7M | New |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | 1,000 | $998K | No change |
| NUVASIVE INC (GMED 0.375 03/15/25) | NOTE 0.375% 3/1 · principal | 599 | $585K | Add +53.6% |
| RINGCENTRAL INC (RNG 0 03/01/25) | NOTE 3/0 · principal | 350 | $341K | No change |
| TECHTARGET HOLDINGS INC (TTGT 0 12/15/26) | NOTE 12/1 · principal | 8,514 | $8K | No change |
| REVANCE THERAPEUTICS INC (RVNC 1.75 02/15/27) | NOTE 1.750% 2/1 · principal | 9,050 | $8K | New |
| EVENTBRITE INC (EB 0.75 09/15/26) | NOTE 0.750% 9/1 · principal | 8,660 | $8K | No change |
| CARDLYTICS INC (CDLX 1 09/15/25) | NOTE 1.000% 9/1 · principal | 8,250 | $7K | No change |
| RBC BEARINGS INC (RBC 5 10/15/24 A) | 5% CNV PFD SR A · principal | 5,152 | $7K | New |
| THE REALREAL INC (REAL 3 06/15/25) | NOTE 3.000% 6/1 · principal | 5,766 | $6K | Add +652.7% |
| OIL STATES INTL INC (OIS 4.75 04/01/26) | NOTE 4.750% 4/0 · principal | 5,700 | $6K | Add +128.0% |
| SABRE GLBL INC (SABHLD 4 04/15/25) | NOTE 4.000% 4/1 · principal | 5,500 | $5K | New |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | 6,450 | $5K | Add +18.4% |
| BANDWIDTH INC (BAND 0.25 03/01/26) | NOTE 0.250% 3/0 · principal | 4,870 | $4K | No change |
| MESA LABORATORIES INC (MLAB 1.375 08/15/25) | NOTE 1.375% 8/1 · principal | 4,000 | $4K | No change |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | 4,000 | $4K | No change |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | 4,100 | $4K | Add +17.1% |
| FARO TECHNOLOGIES INC (FARO 5.5 02/01/28) | NOTE 5.500% 2/0 · principal | 3,905 | $4K | Add +11.6% |
| ENVESTNET INC (ENV 0.75 08/15/25) | 0.75 8/15/2025 · principal | 3,000 | $3K | New |
| NABORS INDUSTRIES INC (NBR 1.75 06/15/29) | NOTE 1.750% 6/1 · principal | 3,300 | $3K | No change |
| BLACKLINE INC (BL 0 03/15/26) | NOTE 3/1 · principal | 2,500 | $2K | No change |
| ATLANTICA JERSEY LTD (AY 4 07/15/25) | NOTE 4.000% 7/1 · principal | 2,305 | $2K | New |
| 3D SYSTEMS CORP (DDD 0 11/15/26) | NOTE 11/1 · principal | 2,215 | $2K | No change |
| FASTLY INC (FSLY 0 03/15/26) | NOTE 3/1 · principal | 2,000 | $2K | New |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 2,046 | $2K | New |
| NATIONAL VISION HOLDINGS (EYE 2.5 05/15/25) | NOTE 2.500% 5/1 · principal | 1,098 | $1K | New |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 1,003 | $936 | No change |
Total filed on the 13F, all lines: $59.7M.
Portfolio Sells Q2 2024 → Q3 2024
| SILK Silk Road Medical Inc. | Sold out | 0.00% | −19.25 |
| MCBC Macatawa Bank Corp. | Sold out | 0.00% | −10.71 |
| WIRE Encore Wire Corp. | Sold out | 0.00% | −7.56 |
| NWLI National Western Life Grou-A | Sold out | 0.00% | −7.17 |
| CERE Cerevel Therapeutics Holding | Sold out | 0.00% | −5.87 |
| AAN The Aaron's Co. Inc. | Sold out | 0.00% | −2.10 |
| HIBB Hibbett Inc. | Sold out | 0.00% | −2.02 |
| OVERSEAS SHIPHOLDING GROUP-A | Sold out | 0.00% | −0.84 |
Portfolio Buys Q2 2024 → Q3 2024
| ENV Envestnet Inc. | New | 26.58% | +26.58 |
| HTLF Heartland Financial USA Inc. | Add +69.5% | 30.40% | +10.20 |
| RCM R1 RCM Inc. | New | 8.77% | +8.77 |
| FFNW First Financial Northwest | New | 8.68% | +8.68 |
| PETQ Petiq Inc. | New | 4.49% | +4.49 |
| HMNF HMN Financial Inc. | New | 3.53% | +3.53 |
| VBFC Village Bank and Trust Finan | New | 0.58% | +0.58 |
| HAYN Haynes International Inc. | Add +159.8% | 15.25% | −6.34 |
Notes & Other Activity Q2 2024 → Q3 2024
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | Sold out | 8,117 | $7.4Mbefore exit |
| ETSY INC (ETSY 0.25 06/15/28) | NOTE 0.250% 6/1 · principal | Sold out | 7,203 | $5.7Mbefore exit |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | Add +0.2% | 2,277 | $2.1M |
| CRACKER BARREL OLD COUNT (CBRL 0.625 06/15/26) | NOTE 0.625% 6/1 · principal | New | 2,157 | $2.0M |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | New | 34,012 | $1.7M |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | Sold out | 2,000 | $1.7Mbefore exit |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | NOTE 0.750% 8/0 · principal | Sold out | 825 | $776Kbefore exit |
| NUVASIVE INC (GMED 0.375 03/15/25) | NOTE 0.375% 3/1 · principal | Add +53.6% | 599 | $585K |
| RBC BEARINGS INC (RBC 5 10/15/24 A) | 5% CNV PFD SR A | Sold out | 4,152 | $508Kbefore exit |
| EVERBRIDGE INC (EVBG 0 03/15/26) | NOTE 3/1 · principal | Sold out | 9,289 | $9Kbefore exit |
| REVANCE THERAPEUTICS INC (RVNC 1.75 02/15/27) | NOTE 1.750% 2/1 · principal | New | 9,050 | $8K |
| RBC BEARINGS INC (RBC 5 10/15/24 A) | 5% CNV PFD SR A · principal | New | 5,152 | $7K |
| THE REALREAL INC (REAL 3 06/15/25) | NOTE 3.000% 6/1 · principal | Add +652.7% | 5,766 | $6K |
| OIL STATES INTL INC (OIS 4.75 04/01/26) | NOTE 4.750% 4/0 · principal | Add +128.0% | 5,700 | $6K |
| SABRE GLBL INC (SABHLD 4 04/15/25) | NOTE 4.000% 4/1 · principal | New | 5,500 | $5K |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | Add +18.4% | 6,450 | $5K |
| PELOTON INTERACTIVE INC (PTON 0 02/15/26) | NOTE 2/1 · principal | Add +17.1% | 4,100 | $4K |
| LIBERTY LATIN AMERICA (LILAK 2 07/15/24) | NOTE 2.000% 7/1 · principal | Sold out | 3,683 | $4Kbefore exit |
| FARO TECHNOLOGIES INC (FARO 5.5 02/01/28) | NOTE 5.500% 2/0 · principal | Add +11.6% | 3,905 | $4K |
| ENVESTNET INC (ENV 0.75 08/15/25) | 0.75 8/15/2025 · principal | New | 3,000 | $3K |
| EVERBRIDGE INC (EVBG 0.125 12/15/24) | NOTE 0.125%12/1 · principal | Sold out | 2,361 | $2Kbefore exit |
| ATLANTICA JERSEY LTD (AY 4 07/15/25) | NOTE 4.000% 7/1 · principal | New | 2,305 | $2K |
| FASTLY INC (FSLY 0 03/15/26) | NOTE 3/1 · principal | New | 2,000 | $2K |
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | New | 2,046 | $2K |
| NATIONAL VISION HOLDINGS (EYE 2.5 05/15/25) | NOTE 2.500% 5/1 · principal | New | 1,098 | $1K |
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 |