Grizzlyrock Capital, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Grizzlyrock Capital, LLC reported 20 stock positions worth $121.9 million. Its top holding was Ferroglobe (GSM) at 13.8% of the portfolio, followed by Orion (OEC, 11.8%) and Green Plains (GPRE, 8.2%). Compared with Q4 2023, it opened 3 new positions, sold out of 3, added to 10 and reduced 5. The biggest buy was a new position in Caesars Entertainment (CZR) and the biggest sale Orion (OEC, shares −28%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0002011732
- Portfolio Value
- $121.9M (Q1 2024)
- SEC Filing
- 0001214659-24-009299 ↗ filed May 15, 2024
Holdings Value
Holdings 20 stocks · $121.9M
| GSM Ferroglobe PLC | 13.83% | 3,386,452 | $16.9M | Add +13.3% |
| OEC Orion SA | 11.77% | 609,772 | $14.3M | Reduce -28.3% |
| GPRE Green Plains Inc. | 8.25% | 434,974 | $10.1M | Add +5.0% |
| CASH Pathward Financial Inc. | 8.03% | 193,800 | $9.8M | Add +0.2% |
| AMBP Ardagh Metal Packaging SA | 6.89% | 2,447,614 | $8.4M | Add +0.4% |
| CLMT Calumet Specialty Products | 6.35% | 520,602 | $7.7M | Add +4.4% |
| PRGO Perrigo Co. PLC | 6.21% | 235,100 | $7.6M | Add +0.4% |
| MGNI Magnite Inc. | 6.04% | 685,357 | $7.4M | Reduce -3.8% |
| EVRI Everi Holdings Inc. | 5.34% | 647,333 | $6.5M | Add +26.2% |
| OPAL Opal Fuels Inc. Class A | 4.78% | 1,159,743 | $5.8M | Add +38.8% |
| ECVT Ecovyst Inc. | 4.42% | 483,700 | $5.4M | Reduce -3.5% |
| GPGI Gpgi Inc. filed as COMPOSECURE INC | 3.54% | 596,784 | $4.3M | No change |
| DRVN Driven Brands Holdings Inc. | 3.51% | 271,190 | $4.3M | Add +67.3% |
| CZR Caesars Entertainment Inc. | 2.86% | 79,750 | $3.5M | New |
| TWKS Thoughtworks Holding Inc. | 1.89% | 910,324 | $2.3M | New |
| XPER Xperi Inc. | 1.87% | 188,961 | $2.3M | New |
| MX Magnachip Semiconductor Corp. | 1.59% | 348,319 | $1.9M | Add +6.1% |
| ACVA Acv Auctions Inc. Class A | 1.23% | 80,000 | $1.5M | Reduce -75.5% |
| DK Delek US Holdings Inc. | 1.15% | 45,729 | $1.4M | Reduce -51.0% |
| LMB Limbach Holdings Inc. | 0.45% | 13,235 | $548K | No change |
Options reported separately and not counted above: GPRE calls ($231K).
Portfolio Sells Q4 2023 → Q1 2024
| OEC Orion SA | Reduce -28.3% | 11.77% | −5.95 |
| CLW Clearwater Paper Corp. | Sold out | 0.00% | −3.44 |
| ACVA Acv Auctions Inc. Class A | Reduce -75.5% | 1.23% | −2.49 |
| KAMN Kaman Corp. | Sold out | 0.00% | −0.69 |
| DK Delek US Holdings Inc. | Reduce -51.0% | 1.15% | −0.65 |
| EXTR Extreme Networks Inc. | Sold out | 0.00% | −0.13 |
| ECVT Ecovyst Inc. | Reduce -3.5% | 4.42% | +0.75 |
| MGNI Magnite Inc. | Reduce -3.8% | 6.04% | +1.04 |
Portfolio Buys Q4 2023 → Q1 2024
| CZR Caesars Entertainment Inc. | New | 2.86% | +2.86 |
| TWKS Thoughtworks Holding Inc. | New | 1.89% | +1.89 |
| XPER Xperi Inc. | New | 1.87% | +1.87 |
| DRVN Driven Brands Holdings Inc. | Add +67.3% | 3.51% | +1.78 |
| OPAL Opal Fuels Inc. Class A | Add +38.8% | 4.78% | +1.31 |
| EVRI Everi Holdings Inc. | Add +26.2% | 5.34% | +0.99 |
| PRGO Perrigo Co. PLC | Add +0.4% | 6.21% | +0.55 |
| GPRE Green Plains Inc. | Add +5.0% | 8.25% | +0.40 |
| CASH Pathward Financial Inc. | Add +0.2% | 8.03% | +0.34 |
| AMBP Ardagh Metal Packaging SA | Add +0.4% | 6.89% | −0.14 |
| MX Magnachip Semiconductor Corp. | Add +6.1% | 1.59% | −0.26 |
| CLMT Calumet Specialty Products | Add +4.4% | 6.35% | −0.35 |
| GSM Ferroglobe PLC | Add +13.3% | 13.83% | −0.79 |
Options Activity Q4 2023 → Q1 2024
| GPRE Green Plains Inc. | call | New | 10,000 | $231K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 20 | $143.0M | MGNI, EEFT, AMN, GSM, REAL BROKERAGE INC/THE |
| Q1 2026 | 18 | $126.3M | GSM, DRVN, MGNI, AMN, OLN |
| Q4 2025 | 22 | $133.6M | GSM, GEL, EEFT, MGNI, AMN |
| Q3 2025 | 23 | $128.8M | GSM, GEL, AMN, DRVN, MGNI |
| Q2 2025 | 21 | $133.0M | MGNI, GSM, DRVN, GEL, DAR |
| Q1 2025 | 21 | $110.3M | GSM, DRVN, MGNI, GEL, PRGO |
| Q4 2024 | 17 | $95.8M | GSM, DRVN, MGNI, XPER, PRGO |
| Q3 2024 | 18 | $116.0M | GSM, DRVN, MGNI, CASH, PRGO |
| Q2 2024 | 19 | $120.3M | GSM, DRVN, MGNI, CASH, CLMT |
| Q1 2024 | 20 | $121.9M | GSM, OEC, GPRE, CASH, AMBP |