JB Capital Partners LP

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), JB Capital Partners LP reported 81 stock positions worth $522.3 million. Its top holding was Radnet (RDNT) at 19.7% of the portfolio, followed by Arch Resources (ARCH, 9.1%) and Builders Firstsource (BLDR, 8.0%). Compared with Q3 2024, it opened 5 new positions, sold out of 2, added to 7 and reduced 2. The biggest buy was Dana (DAN, shares +29%) and the biggest sale an exit from Arc Document Solutions (ARC).

Most Recent 13F
Q2 2026
Location
Armonk, NY
CIK
0001138532
Portfolio Value
$522.3M (Q4 2024)
SEC Filing
0001213900-25-013090 ↗ filed Feb 13, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $532.9M Q1 2024 Q2 2024: $453.5M Q2 2024 Q3 2024: $522.1M Q3 2024 Q4 2024: $522.3M $522.3M Q4 2024 Q1 2025: $476.4M Q1 2025 Q2 2025: $539.5M Q2 2025 Q3 2025: $591.0M Q3 2025 Q4 2025: $581.4M Q4 2025 Q1 2026: $580.5M Q1 2026 Q2 2026: $646.4M Q2 2026

Holdings 81 stocks · $522.3M

RDNT Radnet Inc. 19.71% 1,474,061 $102.9M Reduce -2.0%
ARCH Arch Resources Inc. 9.13% 337,592 $47.7M No change
BLDR Builders Firstsource Inc. 8.00% 292,265 $41.8M No change
BXC Bluelinx Holdings Inc. 7.70% 393,649 $40.2M No change
RYZ Ryerson Holding Corp. 7.55% 2,131,069 $39.4M No change
OPY Oppenheimer Holdings Class A 6.18% 503,954 $32.3M No change
TPC Tutor Perini Corp. 4.14% 894,554 $21.6M No change
DAN Dana Inc. 4.06% 1,832,293 $21.2M Add +28.6%
CXW Corecivic Inc. 3.52% 845,210 $18.4M No change
VCTR Victory Capital Holding - A 3.47% 276,812 $18.1M No change
USAP Universal Stainless & Alloy 2.07% 245,000 $10.8M No change
ASTL Algoma Steel Group Inc. 1.86% 992,177 $9.7M No change
IESC Ies Holdings Inc. filed as IES HLDGS INC 1.61% 41,845 $8.4M No change
LCUT Lifetime Brands Inc. 1.41% 1,248,121 $7.4M Add +32.7%
ZEUS Olympic Steel Inc. 1.15% 182,499 $6.0M No change
MT Arcelormittal-NY Registered 0.91% 205,000 $4.7M No change
AXR Amrep Corp. 0.85% 141,360 $4.4M No change
CVEO Civeo Corp. 0.84% 193,750 $4.4M No change
SPWH Sportsman's Warehouse Holdin 0.82% 1,611,794 $4.3M No change
TSQ Townsquare Media Inc. Class A 0.81% 467,807 $4.3M No change
CNDT Conduent Inc. 0.80% 1,038,061 $4.2M No change
CIGI Colliers Intl GR-Subord Vot 0.78% 30,104 $4.1M No change
MEC Mayville Engineering Co. Inc. 0.75% 250,512 $3.9M Add +3.7%
FLNT Fluent Inc. 0.68% 1,406,982 $3.5M Add +62.3%
RICK Rci Hospitality Holdings Inc. 0.66% 60,000 $3.4M No change
SBGI Sinclair Broadcast Group -A 0.60% 195,000 $3.1M No change
CSV Carriage Services Inc. 0.54% 71,007 $2.8M No change
GSM Ferroglobe PLC 0.48% 655,000 $2.5M No change
CONSOL ENERGY INC 0.47% 23,111 $2.5M No change
RAMACO RES INC 0.46% 235,000 $2.4M No change
ATSG Air Transport Services Group 0.46% 109,022 $2.4M No change
GEO The Geo Group Inc. 0.43% 80,000 $2.2M No change
ATKR Atkore Inc. 0.40% 25,000 $2.1M No change
PKOH Park-Ohio Holdings Corp. 0.39% 76,899 $2.0M No change
BBCP Concrete Pumping Holdings Inc. 0.36% 282,100 $1.9M Add +17.0%
MG Mistras Group Inc. 0.35% 202,243 $1.8M No change
HNRG Hallador Energy Co. 0.35% 160,000 $1.8M No change
FSV Firstservice Corp. 0.35% 10,104 $1.8M No change
LMB Limbach Holdings Inc. 0.33% 20,000 $1.7M No change
HDSN Hudson Technologies Inc. 0.33% 306,200 $1.7M No change
III Information Services Group 0.31% 487,641 $1.6M No change
TDW Tidewater Inc. 0.26% 25,000 $1.4M No change
NEXN Nexxen International Ltd. 0.26% 134,850 $1.4M No change
RUSHA Rush Enterprises Inc. Class A 0.21% 20,418 $1.1M No change
RUSHB Rush Enterprises Inc. Class B 0.21% 20,418 $1.1M No change
XPEL Xpel Inc. 0.19% 25,000 $999K No change
ORN Orion Group Holdings Inc. 0.18% 130,000 $953K No change
GTX Garrett Motion Inc. 0.16% 91,000 $822K No change
FSK FS KKR Capital Corp. 0.16% 37,500 $815K No change
SAR Saratoga Investment Corp. 0.15% 33,847 $810K No change
SND Smart Sand Inc. 0.15% 350,000 $788K Add +75.0%
CURV Torrid Holdings Inc. 0.15% 150,000 $785K No change
DCH Dauch Corporation filed as AMERICAN AXLE & MFG HLDGS IN 0.15% 132,500 $772K No change
QIPT Quipt Home Medical Corp. 0.12% 200,000 $610K No change
POWW Outdoor Holding Co. filed as AMMO INC 0.12% 550,000 $605K New
LEE Lee Enterprises 0.11% 40,000 $591K No change
INSE Inspired Entertainment Inc. 0.11% 65,000 $588K No change
RNGR Ranger Energy Services Class A 0.11% 36,576 $566K No change
TRS Trimas Corp. 0.10% 22,277 $548K No change
METC Ramaco Res Inc. 0.10% 51,359 $507K Add +9.3%
EAF Graftech International Ltd. 0.10% 292,754 $506K Reduce -25.5%
NOA North American Construction 0.08% 20,000 $432K New
MNTX Manitex International Inc. 0.07% 66,518 $386K No change
RDNW Ridenow Group Inc. filed as RUMBLEON INC 0.07% 70,000 $380K No change
EZPW Ezcorp Inc. Class A 0.07% 30,000 $367K No change
VREX Varex Imaging Corp. 0.07% 25,000 $365K New
TWI Titan International Inc. 0.07% 50,000 $340K No change
BV Brightview Holdings Inc. 0.06% 20,000 $320K No change
GTN Gray Media Inc. filed as GRAY TELEVISION INC 0.05% 87,300 $275K No change
DXLG Destination XL Group Inc. 0.04% 75,000 $202K No change
CVGI Commercial Vehicle Group Inc. 0.03% 67,322 $167K No change
RMNI Rimini Street Inc. 0.03% 59,193 $158K No change
VFF Village Farms International 0.03% 180,000 $139K No change
TSEOQ Trinseo PLC 0.03% 27,001 $138K No change
CNTY Century Casinos Inc. 0.02% 38,283 $124K New
WRLD World Acceptance Corp. 0.02% 1,069 $120K No change
FTHM Fathom Holdings Inc. 0.02% 69,882 $107K No change
CLF Cleveland-Cliffs Inc. 0.02% 11,350 $107K New
GSIT Gsi Technology Inc. 0.02% 33,000 $100K No change
KTOS Kratos Defense & Security 0.02% 3,281 $87K No change
XELB Xcel Brands Inc. 0.00% 15,000 $8K No change

Portfolio Sells Q3 2024 → Q4 2024

ARC Arc Document Solutions Inc. Sold out 0.00% −0.62
RDNT Radnet Inc. Reduce -2.0% 19.71% −0.28
TCSGQ Container Store Group Inc. Sold out 0.00% −0.01
EAF Graftech International Ltd. Reduce -25.5% 0.10% −0.00

Portfolio Buys Q3 2024 → Q4 2024

DAN Dana Inc. Add +28.6% 4.06% +1.20
LCUT Lifetime Brands Inc. Add +32.7% 1.41% +0.24
POWW Outdoor Holding Co. New 0.12% +0.12
BBCP Concrete Pumping Holdings Inc. Add +17.0% 0.36% +0.09
NOA North American Construction New 0.08% +0.08
SND Smart Sand Inc. Add +75.0% 0.15% +0.08
FLNT Fluent Inc. Add +62.3% 0.68% +0.07
VREX Varex Imaging Corp. New 0.07% +0.07
CNTY Century Casinos Inc. New 0.02% +0.02
CLF Cleveland-Cliffs Inc. New 0.02% +0.02
METC Ramaco Res Inc. Add +9.3% 0.10% +0.00
MEC Mayville Engineering Co. Inc. Add +3.7% 0.75% −0.22

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 87$646.4MRDNT, RYZ, OPY, DAN, NEXN
Q1 2026 85$580.5MRDNT, RYZ, CNR, DAN, OPY
Q4 2025 86$581.4MRDNT, RYZ, DAN, CNR, OPY
Q3 2025 86$591.0MRDNT, RYZ, TPC, CNR, OPY
Q2 2025 82$539.5MRDNT, RYZ, TPC, NEXN, BLDR
Q1 2025 79$476.4MRDNT, RYZ, BLDR, CNR, OPY
Q4 2024 81$522.3MRDNT, ARCH, BLDR, BXC, RYZ
Q3 2024 78$522.1MRDNT, BLDR, ARCH, RYZ, BXC
Q2 2024 78$453.5MRDNT, ARCH, BLDR, RYZ, BXC
Q1 2024 74$532.9MRDNT, RYZ, BLDR, ARCH, BXC