Forager Capital Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Forager Capital Management, LLC reported 14 stock positions worth $233.5 million. Its top holding was Willdan (WLDN) at 17.8% of the portfolio, followed by Regional Management (RM, 13.4%) and Mastercraft Boat (MCFT, 10.6%). Compared with Q1 2024, it opened 2 new positions, added to 3 and reduced 4. The biggest buy was a new position in Hovnanian Enterprises-A (HOV) and the biggest sale Century Communities (CCS, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- BIRMINGHAM, AL
- CIK
- 0001802986
- Portfolio Value
- $233.5M (Q2 2024)
- SEC Filing
- 0001420506-24-001527 ↗ filed Aug 14, 2024
Holdings Value
Holdings 14 stocks · $233.5M
| WLDN Willdan Group Inc. | 17.84% | 1,443,995 | $41.7M | Reduce -24.0% |
| RM Regional Management Corp. | 13.37% | 1,086,102 | $31.2M | Add +10.4% |
| MCFT Mastercraft Boat Holdings Inc. | 10.57% | 1,307,290 | $24.7M | Add +26.0% |
| IMXI International Money Express | 8.58% | 961,174 | $20.0M | No change |
| MLKN Millerknoll Inc. | 7.42% | 653,841 | $17.3M | Reduce -7.1% |
| RUSHA Rush Enterprises Inc. Class A | 7.23% | 403,089 | $16.9M | No change |
| CVGI Commercial Vehicle Group Inc. | 7.21% | 3,437,771 | $16.8M | Add +4.3% |
| HOV Hovnanian Enterprises-A | 6.87% | 113,000 | $16.0M | New |
| GTX Garrett Motion Inc. | 6.37% | 1,731,095 | $14.9M | No change |
| VMD Viemed Healthcare Inc. | 4.82% | 1,717,498 | $11.2M | No change |
| CCS Century Communities Inc. | 3.68% | 105,193 | $8.6M | Reduce -54.3% |
| QIPT Quipt Home Medical Corp. | 3.25% | 2,358,972 | $7.6M | New |
| EML The Eastern Co. | 2.65% | 243,013 | $6.2M | Reduce -48.1% |
| DLAPQ Delta Apparel Inc. | 0.15% | 595,025 | $345K | No change |
Portfolio Sells Q1 2024 → Q2 2024
Portfolio Buys Q1 2024 → Q2 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 10 | $265.9M | RPAY, RM, MCFT, MLKN, OPRT |
| Q1 2026 | 10 | $200.9M | MCFT, RM, HOV, VMD, RPAY |
| Q4 2025 | 11 | $220.9M | RM, MCFT, MLKN, HOV, VMD |
| Q3 2025 | 11 | $226.7M | RM, MCFT, HOV, MLKN, IIIV |
| Q2 2025 | 11 | $204.5M | MCFT, RM, MLKN, HOV, IMXI |
| Q1 2025 | 11 | $202.1M | MCFT, RM, WLDN, MLKN, HOV |
| Q4 2024 | 13 | $238.8M | RM, MCFT, MLKN, HOV, IMXI |
| Q3 2024Amended | 13 | $254.3M | RM, WLDN, MCFT, HOV, RUSHA |
| Q2 2024 | 14 | $233.5M | WLDN, RM, MCFT, IMXI, MLKN |
| Q1 2024 | 12 | $259.0M | WLDN, MCFT, RM, CCS, IMXI |