Hawk Ridge Capital Management LP In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Hawk Ridge Capital Management LP reported 47 stock positions worth $2.7 billion . Its top holding was Verisign (VRSN) at 8.3% of the portfolio, followed by Liberty Media Class C (FWONK, 5.7% ) and Corpay (CPAY, 5.6% ). Compared with Q4 2025, it opened 15 new positions, sold out of 4, added to 17 and reduced 14. The biggest buy was a new position in Workiva (WK) and the biggest sale an exit from Entegris (ENTG).
Location LOS ANGELES, CA
CIK 0001609074
Portfolio Value $2.7B (Q1 2026) Holdings 47 stocks · $2.7B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2025 VRSN Verisign Inc. 915,012 $227.3M Add +48.5% FWONK Liberty Media Corp. Class C 1,849,660 $157.3M Add +38.9% CPAY Corpay Inc. 532,180 $154.9M Add +20.4% OPLN Openlane Inc. 4,967,144 $144.8M Add +72.5% SIMO Silicon Motion Technol-ADR 1,173,315 $131.8M Add +49.0% WWD Woodward Inc. 342,121 $122.5M Reduce -16.9% FIS Fidelity National Info Serv 2,597,980 $121.9M Add +32.7% ALLE Allegion PLC 802,807 $116.6M Add +32.9% VVV Valvoline Inc. 3,147,810 $106.0M Add +15.0% HPE Hewlett Packard Enterprise 4,248,900 $101.2M Add +53.2% BATRK Atlanta Braves Holdings in-C 2,237,700 $95.5M Reduce -15.9% MLM Martin Marietta Materials 160,535 $94.5M Reduce -17.4% TKO Tko Group Holdings Inc. 413,641 $83.4M Add +16.5% BL Blackline Inc. 1,890,823 $70.0M Add +26.3% STX Seagate Technology Holdings 173,300 $67.9M Reduce -13.7% NCNO Ncino Inc. 4,481,810 $67.1M Add +625.5% WK Workiva Inc. 1,091,582 $65.1M New WDC Western Digital Corp. 209,400 $56.6M Reduce -35.7% MGRC McGrath Rentcorp 486,876 $53.7M Reduce -0.1% SMCI Super Micro Computer Inc. 2,324,700 $52.9M New PRKS United Parks & Resorts Inc. 1,564,422 $51.1M New ESE Esco Technologies Inc. 168,600 $47.4M New RHI Robert Half Inc. 1,785,400 $45.3M Add +134.2% GMED Globus Medical Inc. Class A 499,980 $43.1M New CRS Carpenter Technology 109,052 $43.0M Reduce -7.3% NSP Insperity Inc. 1,464,781 $39.6M New RBA RB Global Inc. 396,700 $38.0M New MYRG MYR Group Inc./Delaware 129,945 $36.7M Add +16.9% CR Crane Co. 205,744 $35.2M Reduce -16.8% FWONA Liberty Media Corp. Class A 441,500 $34.5M Add +47.3% ATI Ati Inc. 185,600 $27.0M Reduce -11.4% WEX Wex Inc. 163,471 $25.0M Reduce -64.0% FUN Six Flags Entertainment Corp. 1,368,578 $24.3M Reduce -11.1% LBRT Liberty Energy Inc. 767,182 $22.1M Reduce -14.2% ACHC Acadia Healthcare Co. Inc. 836,033 $19.6M Reduce -64.9% MRP Millrose Properties 669,109 $18.7M Add +1.7% KGS Kodiak Gas Services Inc. 303,800 $17.7M New XPO Xpo Inc. 90,388 $17.6M Reduce -53.4% VISN Vistance Networks Inc. 947,194 $17.2M New AMBA Ambarella Inc. 276,100 $14.2M New AROC Archrock Inc. 276,944 $9.6M New TOST Toast Inc. Class A 257,700 $6.8M New VRRM Verra Mobility Corp. 447,176 $6.4M New LZ Legalzoomcom Inc. 735,929 $4.2M Add +48.7% ECG Everus Construction Group 28,000 $3.3M New SHAZ Sharonai Holdings Inc. 122,155 $2.8M New BATRA Atlanta Braves Holdings in-A 43,331 $2.0M No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $8.0M (not counted above) Total filed on the 13F, all lines: $2.8B.
Portfolio Sells Q4 2025 → Q1 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▲ ENTG Entegris Inc. Sold out 0.00% −4.24 AAOI Applied Optoelectronics Inc. Sold out 0.00% −2.74 WEX Wex Inc. Reduce -64.0% 0.91% −2.21 MLM Martin Marietta Materials Reduce -17.4% 3.44% −2.15 BATRK Atlanta Braves Holdings in-C Reduce -15.9% 3.48% −1.36 WWD Woodward Inc. Reduce -16.9% 4.46% −1.28 ACHC Acadia Healthcare Co. Inc. Reduce -64.9% 0.71% −0.85 CR Crane Co. Reduce -16.8% 1.28% −0.82 XPO Xpo Inc. Reduce -53.4% 0.64% −0.58 WDC Western Digital Corp. Reduce -35.7% 2.06% −0.53 APPN Appian Corp. Class A Sold out 0.00% −0.43 MGRC McGrath Rentcorp Reduce -0.1% 1.96% −0.40 FUN Six Flags Entertainment Corp. Reduce -11.1% 0.89% −0.20 CRS Carpenter Technology Reduce -7.3% 1.57% −0.14 ATI Ati Inc. Reduce -11.4% 0.98% −0.13 STX Seagate Technology Holdings Reduce -13.7% 2.47% −0.08 AIR Aar Corp. Sold out 0.00% −0.08 LBRT Liberty Energy Inc. Reduce -14.2% 0.81% +0.04
Portfolio Buys Q4 2025 → Q1 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▼ WK Workiva Inc. New 2.37% +2.37 SMCI Super Micro Computer Inc. New 1.93% +1.93 PRKS United Parks & Resorts Inc. New 1.86% +1.86 ESE Esco Technologies Inc. New 1.73% +1.73 NCNO Ncino Inc. Add +625.5% 2.45% +1.72 GMED Globus Medical Inc. Class A New 1.57% +1.57 NSP Insperity Inc. New 1.44% +1.44 SIMO Silicon Motion Technol-ADR Add +49.0% 4.80% +1.43 RBA RB Global Inc. New 1.39% +1.39 VRSN Verisign Inc. Add +48.5% 8.28% +1.37 OPLN Openlane Inc. Add +72.5% 5.28% +1.32 RHI Robert Half Inc. Add +134.2% 1.65% +0.70 KGS Kodiak Gas Services Inc. New 0.65% +0.65 VISN Vistance Networks Inc. New 0.63% +0.63 HPE Hewlett Packard Enterprise Add +53.2% 3.69% +0.61 AMBA Ambarella Inc. New 0.52% +0.52 AROC Archrock Inc. New 0.35% +0.35 TOST Toast Inc. Class A New 0.25% +0.25 VRRM Verra Mobility Corp. New 0.23% +0.23 MYRG MYR Group Inc./Delaware Add +16.9% 1.34% +0.22 VVV Valvoline Inc. Add +15.0% 3.86% +0.19 ECG Everus Construction Group New 0.12% +0.12 SHAZ Sharonai Holdings Inc. New 0.10% +0.10 FWONA Liberty Media Corp. Class A Add +47.3% 1.26% +0.02 LZ Legalzoomcom Inc. Add +48.7% 0.15% −0.07 ALLE Allegion PLC Add +32.9% 4.25% −0.19 MRP Millrose Properties Add +1.7% 0.68% −0.22 FWONK Liberty Media Corp. Class C Add +38.9% 5.73% −0.32 TKO Tko Group Holdings Inc. Add +16.5% 3.04% −0.39 CPAY Corpay Inc. Add +20.4% 5.64% −0.49 BL Blackline Inc. Add +26.3% 2.55% −1.27 FIS Fidelity National Info Serv Add +32.7% 4.44% −1.57
Notes & Other Activity Q4 2025 → Q1 2026 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 43 $3.1B SIMO, RBA, OPLN, VRSN, CPAY Q1 2026 47 $2.7B VRSN, FWONK, CPAY, OPLN, SIMO Q4 2025 36 $2.2B VRSN, CPAY, FWONK, FIS, WWD Q3 2025 44 $2.1B FIS, MLM, CPAY, FN, ENTG Q2 2025 53 $2.4B GMED, WWD, ALLE, BATRK, MLM Q1 2025 42 $2.1B GMED, ALLE, TKO, WWD, FMX Q4 2024 43 $2.1B GMED, CTSH, ALLE, RPD, SMAR Q3 2024 47 $2.3B GMED, CTSH, RPD, SMAR, TKO Q2 2024 53 $2.3B GMED, CTSH, RPD, FMX, ALLE Q1 2024 41 $2.2B GMED, FMX, BLKB, ALLE, SIMO