Gate City Capital Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Gate City Capital Management, LLC reported 15 stock positions worth $170.4 million. Its top holding was Alico (ALCO) at 12.7% of the portfolio, followed by Entravision Communications-A (EVC, 11.9%) and Intrepid Potash (IPI, 11.8%). Compared with Q2 2024, it opened 4 new positions, sold out of 2, added to 3 and reduced 6. The biggest buy was a new position in Peabody Energy (BTU) and the biggest sale Marcus (MCS, shares −59%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001705447
- Portfolio Value
- $170.4M (Q3 2024)
- SEC Filing
- 0001398344-24-020710 ↗ filed Nov 14, 2024
Holdings Value
Holdings 15 stocks · $170.4M
| ALCO Alico Inc. | 12.65% | 770,844 | $21.6M | Reduce -6.9% |
| EVC Entravision Communications-A | 11.91% | 9,805,603 | $20.3M | Add +9.2% |
| IPI Intrepid Potash Inc. | 11.80% | 837,570 | $20.1M | Add +18.7% |
| BTU Peabody Energy Corp. | 10.55% | 677,622 | $18.0M | New |
| STRT Strattec Security Corp. | 10.32% | 412,341 | $17.6M | No change |
| UNFI United Natural Foods Inc. | 7.94% | 804,282 | $13.5M | Reduce -25.7% |
| MOS The Mosaic Co. | 7.86% | 500,000 | $13.4M | New |
| MCS Marcus Corporation | 6.05% | 684,406 | $10.3M | Reduce -59.1% |
| CULP Culp Inc. | 5.50% | 1,431,712 | $9.4M | Reduce -9.3% |
| SGA Saga Communications Inc. Class A | 3.74% | 444,131 | $6.4M | No change |
| CPHC Canterbury Park Holding Corp. | 3.23% | 284,833 | $5.5M | Add +2.8% |
| HTLD Heartland Express Inc. | 2.92% | 405,175 | $5.0M | New |
| NLOP Net Lease Office Property | 2.53% | 140,805 | $4.3M | Reduce -25.8% |
| AXR Amrep Corp. | 2.22% | 127,361 | $3.8M | Reduce -48.1% |
| BSET Bassett Furniture Inds | 0.78% | 92,397 | $1.3M | New |
Portfolio Sells Q2 2024 → Q3 2024
| MCS Marcus Corporation | Reduce -59.1% | 6.05% | −7.87 |
| HBI Hanesbrands Inc. | Sold out | 0.00% | −4.26 |
| ALCO Alico Inc. | Reduce -6.9% | 12.65% | −3.04 |
| UNFI United Natural Foods Inc. | Reduce -25.7% | 7.94% | −2.44 |
| HTLF Heartland Financial USA Inc. | Sold out | 0.00% | −1.25 |
| AXR Amrep Corp. | Reduce -48.1% | 2.22% | −1.18 |
| NLOP Net Lease Office Property | Reduce -25.8% | 2.53% | −0.89 |
| CULP Culp Inc. | Reduce -9.3% | 5.50% | +0.33 |
Portfolio Buys Q2 2024 → Q3 2024
| BTU Peabody Energy Corp. | New | 10.55% | +10.55 |
| MOS The Mosaic Co. | New | 7.86% | +7.86 |
| HTLD Heartland Express Inc. | New | 2.92% | +2.92 |
| BSET Bassett Furniture Inds | New | 0.78% | +0.78 |
| IPI Intrepid Potash Inc. | Add +18.7% | 11.80% | −0.30 |
| CPHC Canterbury Park Holding Corp. | Add +2.8% | 3.23% | −1.20 |
| EVC Entravision Communications-A | Add +9.2% | 11.91% | −1.43 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 17 | $385.8M | EVC, ALCO, HOG, BTU, MOS |
| Q1 2026 | 16 | $256.9M | ALCO, HOG, EVC, IMKTA, JAKK |
| Q4 2025 | 17 | $230.9M | ALCO, EVC, IPI, HTLD, BTU |
| Q3 2025 | 15 | $199.2M | ALCO, BTU, EVC, HTLD, HOS |
| Q2 2025 | 16 | $167.8M | ALCO, EVC, HOS, MOS, HTLD |
| Q1 2025 | 15 | $173.4M | HOS, ALCO, EVC, IPI, MOS |
| Q4 2024 | 15 | $165.7M | EVC, ALCO, IPI, HOS, MOS |
| Q3 2024 | 15 | $170.4M | ALCO, EVC, IPI, BTU, STRT |
| Q2 2024 | 13 | $136.7M | ALCO, MCS, EVC, IPI, UNFI |
| Q1 2024 | 15 | $133.8M | ALCO, MCS, HBI, HOS, EVC |