JCP Investment Management, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 7, 2024), JCP Investment Management, LLC reported 11 stock positions worth $62.7 million. Its top holding was CRH (CRH) at 21.0% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 17.6%) and Restaurant Brands Intern (QSR, 15.6%). Compared with Q4 2023, it opened 3 new positions, sold out of 4 and added to 3. The biggest buy was a new position in Restaurant Brands Intern (QSR) and the biggest sale an exit from Kirby (KEX).

Most Recent 13F
Q2 2026
Location
HOUSTON, TX
CIK
0001461945
Portfolio Value
$62.7M (Q1 2024)
SEC Filing
0001461945-24-000002 ↗ filed May 7, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $62.7M $62.7M Q1 2024 Q2 2024: $89.5M Q2 2024 Q3 2024: $120.6M Q3 2024 Q4 2024: $169.7M Q4 2024 Q1 2025: $162.2M Q1 2025 Q2 2025: $173.3M Q2 2025 Q3 2025: $152.6M Q3 2025 Q4 2025: $126.6M Q4 2025 Q1 2026: $150.3M Q1 2026 Q2 2026: $187.1M Q2 2026

Holdings 11 stocks · $62.7M
CRH CRH PLC 21.02% 152,879 $13.2M Add +119.7%
BRK.B Berkshire Hathaway Inc. Class B 17.58% 26,224 $11.0M No change
QSR Restaurant Brands Intern 15.57% 123,000 $9.8M New
WCC Wesco International Inc. 11.22% 41,100 $7.0M New
LAMR Lamar Advertising Co. Class A 9.32% 49,000 $5.9M New
UNFI United Natural Foods Inc. 8.61% 470,322 $5.4M No change
TLF Tandy Leather Factory Inc. 6.47% 873,638 $4.1M No change
FARM Farmer Bros Co. 5.65% 992,826 $3.5M No change
JYNT The Joint Corp. 2.35% 112,800 $1.5M Add +15.3%
SPY SS SPDR S&P 500 ETF Trust-US 1.39% 1,669 $873K Add +46.9%
RGS Regis Corp. 0.81% 68,134 $511K No change

Portfolio Sells Q4 2023 → Q1 2024
KEX Kirby Corp. Sold out 0.00% −39.14
JACK Jack in the Box Inc. Sold out 0.00% −19.48
STKS One Group Hospitality Inc. Sold out 0.00% −2.82
POST HOLDINGS INC (POST 2.5 08/15/27) Sold out 0.00% −2.41

Portfolio Buys Q4 2023 → Q1 2024
QSR Restaurant Brands Intern New 15.57% +15.57
CRH CRH PLC Add +119.7% 21.02% +15.34
WCC Wesco International Inc. New 11.22% +11.22
LAMR Lamar Advertising Co. Class A New 9.32% +9.32
JYNT The Joint Corp. Add +15.3% 2.35% +1.24
SPY SS SPDR S&P 500 ETF Trust-US Add +46.9% 1.39% +0.76

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 26$187.1MSPY, UNFI, HHH, FNF, RRGB
Q1 2026 24$150.3MSPY, UNFI, FNF, HHH, SRE
Q4 2025 18$126.6MSPY, FNF, UNFI, HHH, NATL
Q3 2025 18$152.6MSPY, GNRC, FNF, UNFI, RRGB
Q2 2025 20$173.3MSPY, QSR, GNRC, DG, DPZ
Q1 2025 17$162.2MMKL, SPY, QSR, BRK.B, UNFI
Q4 2024 17$169.7MCAKE, SPY, MKL, ET, UNFI
Q3 2024 15$120.6MSPY, CRH, BRK.B, QSR, ET
Q2 2024 13$89.5MSPY, CRH, BRK.B, QSR, MKL
Q1 2024 11$62.7MCRH, BRK.B, QSR, WCC, LAMR