JB Capital Partners LP

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), JB Capital Partners LP reported 82 stock positions worth $539.5 million. Its top holding was Radnet (RDNT) at 15.5% of the portfolio, followed by Ryerson (RYZ, 8.5%) and Tutor Perini (TPC, 7.8%). Compared with Q1 2025, it opened 4 new positions, sold out of 1 and added to 11. The biggest buy was Sportsman's Warehouse Holdin (SPWH, shares +6%) and the biggest sale an exit from Air Transport Services (ATSG).

Most Recent 13F
Q2 2026
Location
Armonk, NY
CIK
0001138532
Portfolio Value
$539.5M (Q2 2025)
SEC Filing
0001213900-25-075815 ↗ filed Aug 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 Q4 2024 Q1 2025: $476.4M Q1 2025 Q2 2025: $539.5M $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 82 stocks · $539.5M

RDNT Radnet Inc. 15.55% 1,474,061 $83.9M No change
RYZ Ryerson Holding Corp. 8.52% 2,131,069 $46.0M No change
TPC Tutor Perini Corp. 7.76% 894,554 $41.8M No change
NEXN Nexxen International Ltd. 6.86% 3,555,097 $37.0M Add +1.8%
BLDR Builders Firstsource Inc. 6.32% 292,265 $34.1M No change
OPY Oppenheimer Holdings Class A 6.14% 503,954 $33.1M No change
CNR Core Natural Resources Inc. 6.03% 466,779 $32.6M No change
DAN Dana Inc. 5.85% 1,852,293 $31.6M No change
BXC Bluelinx Holdings Inc. 5.43% 393,649 $29.3M No change
CXW Corecivic Inc. 3.30% 845,210 $17.8M No change
VCTR Victory Capital Holding - A 3.27% 276,812 $17.6M No change
IESC Ies Holdings Inc. filed as IES HLDGS INC 2.30% 41,845 $12.4M No change
LCUT Lifetime Brands Inc. 1.48% 1,577,852 $8.0M Add +9.0%
ZEUS Olympic Steel Inc. 1.34% 222,499 $7.3M Add +7.8%
ASTL Algoma Steel Group Inc. 1.27% 992,177 $6.8M No change
MT Arcelormittal-NY Registered 1.20% 205,000 $6.5M No change
SPWH Sportsman's Warehouse Holdin 1.09% 1,710,794 $5.9M Add +6.1%
DCH Dauch Corporation filed as AMERICAN AXLE & MFG HLDGS IN 0.84% 1,107,500 $4.5M Add +15.7%
CVEO Civeo Corp. 0.83% 193,750 $4.5M No change
MEC Mayville Engineering Co. Inc. 0.74% 250,512 $4.0M No change
CIGI Colliers Intl GR-Subord Vot 0.73% 30,104 $3.9M No change
TSQ Townsquare Media Inc. Class A 0.67% 467,807 $3.6M No change
CSV Carriage Services Inc. 0.60% 71,007 $3.2M No change
RAMACO RES INC 0.57% 235,000 $3.1M No change
AXR Amrep Corp. 0.55% 141,360 $3.0M No change
CNDT Conduent Inc. 0.54% 1,113,061 $2.9M Add +7.2%
FLNT Fluent Inc. 0.54% 1,460,806 $2.9M Add +3.2%
LMB Limbach Holdings Inc. 0.52% 20,000 $2.8M No change
SBGI Sinclair Broadcast Group -A 0.50% 195,000 $2.7M No change
VREX Varex Imaging Corp. 0.47% 295,000 $2.6M Add +168.2%
HNRG Hallador Energy Co. 0.47% 160,000 $2.5M No change
HDSN Hudson Technologies Inc. 0.46% 306,200 $2.5M No change
GSM Ferroglobe PLC 0.45% 655,000 $2.4M No change
III Information Services Group 0.43% 487,641 $2.3M No change
RICK Rci Hospitality Holdings Inc. 0.42% 60,000 $2.3M No change
OI O-I Glass Inc. 0.42% 155,000 $2.3M Add +63.2%
BBCP Concrete Pumping Holdings Inc. 0.39% 341,400 $2.1M Add +9.4%
GEO The Geo Group Inc. 0.36% 80,000 $1.9M No change
FSV Firstservice Corp. 0.33% 10,104 $1.8M No change
ATKR Atkore Inc. 0.33% 25,000 $1.8M No change
MG Mistras Group Inc. 0.30% 202,243 $1.6M No change
FET Forum Energy Technologies Inc. 0.26% 71,800 $1.4M New
PKOH Park-Ohio Holdings Corp. 0.25% 76,899 $1.4M No change
ORN Orion Group Holdings Inc. 0.22% 130,000 $1.2M No change
TDW Tidewater Inc. 0.21% 25,000 $1.2M No change
RUSHB Rush Enterprises Inc. Class B 0.20% 20,418 $1.1M No change
RUSHA Rush Enterprises Inc. Class A 0.19% 20,418 $1.1M No change
GTX Garrett Motion Inc. 0.18% 91,000 $956K No change
XPEL Xpel Inc. 0.17% 25,000 $898K No change
SAR Saratoga Investment Corp. 0.15% 33,847 $823K No change
FSK FS KKR Capital Corp. 0.14% 37,500 $778K No change
TURN 180 Degree Capital Corp. 0.13% 180,347 $716K New
POWW Outdoor Holding Co. 0.13% 550,000 $704K No change
SND Smart Sand Inc. 0.12% 350,000 $669K No change
TRS Trimas Corp. 0.12% 22,277 $637K No change
INSE Inspired Entertainment Inc. 0.10% 65,000 $531K No change
LXU LSB Industries Inc. 0.10% 70,000 $529K New
TWI Titan International Inc. 0.10% 50,000 $514K No change
METC Ramaco Res Inc. 0.09% 57,178 $468K Add +3.9%
CURV Torrid Holdings Inc. 0.08% 150,000 $443K No change
RNGR Ranger Energy Services Class A 0.08% 36,576 $435K No change
EZPW Ezcorp Inc. Class A 0.08% 30,000 $416K No change
GTN Gray Media Inc. 0.07% 87,300 $395K No change
RYAM Rayonier Advanced Materials 0.07% 100,000 $385K New
QIPT Quipt Home Medical Corp. 0.07% 200,000 $358K No change
BV Brightview Holdings Inc. 0.06% 20,000 $333K No change
NOA North American Construction 0.06% 20,000 $320K No change
EAF Graftech International Ltd. 0.05% 292,754 $284K No change
LEE Lee Enterprises 0.05% 40,000 $256K No change
RMNI Rimini Street Inc. 0.04% 59,193 $223K No change
VFF Village Farms International 0.04% 180,000 $198K No change
WRLD World Acceptance Corp. 0.03% 1,069 $177K No change
RDNW Ridenow Group Inc. filed as RUMBLEON INC 0.03% 70,000 $162K No change
KTOS Kratos Defense & Security 0.03% 3,281 $152K No change
CVGI Commercial Vehicle Group Inc. 0.02% 67,322 $112K No change
GSIT Gsi Technology Inc. 0.02% 33,000 $111K No change
FTHM Fathom Holdings Inc. 0.02% 69,882 $87K No change
CLF Cleveland-Cliffs Inc. 0.02% 11,350 $86K No change
TSEOQ Trinseo PLC 0.02% 27,001 $84K No change
DXLG Destination XL Group Inc. 0.02% 75,000 $83K No change
CNTY Century Casinos Inc. 0.01% 38,283 $81K No change
XELB Xcel Brands Inc. 0.01% 15,000 $27K No change

Portfolio Sells Q1 2025 → Q2 2025

ATSG Air Transport Services Group Sold out 0.00% −0.51

Portfolio Buys Q1 2025 → Q2 2025

SPWH Sportsman's Warehouse Holdin Add +6.1% 1.09% +0.76
NEXN Nexxen International Ltd. Add +1.8% 6.86% +0.74
FET Forum Energy Technologies Inc. New 0.26% +0.26
VREX Varex Imaging Corp. Add +168.2% 0.47% +0.21
OI O-I Glass Inc. Add +63.2% 0.42% +0.19
TURN 180 Degree Capital Corp. New 0.13% +0.13
LXU LSB Industries Inc. New 0.10% +0.10
RYAM Rayonier Advanced Materials New 0.07% +0.07
BBCP Concrete Pumping Holdings Inc. Add +9.4% 0.39% +0.03
DCH Dauch Corporation Add +15.7% 0.84% +0.02
METC Ramaco Res Inc. Add +3.9% 0.09% +0.00
LCUT Lifetime Brands Inc. Add +9.0% 1.48% −0.00
ZEUS Olympic Steel Inc. Add +7.8% 1.34% −0.02
CNDT Conduent Inc. Add +7.2% 0.54% −0.04
FLNT Fluent Inc. Add +3.2% 0.54% −0.11

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