JCP Investment Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 15, 2025), JCP Investment Management, LLC reported 20 stock positions worth $173.3 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 11.6% of the portfolio, followed by Restaurant Brands Intern (QSR, 11.1%) and Generac (GNRC, 11.1%). Compared with Q1 2025, it opened 6 new positions, sold out of 3, added to 7 and reduced 2. The biggest buy was a new position in Dollar General (DG) and the biggest sale Markel (MKL, shares −73%).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001461945
- Portfolio Value
- $173.3M (Q2 2025)
- SEC Filing
- 0001461945-25-000003 ↗ filed Aug 15, 2025
Holdings Value
Holdings 20 stocks · $173.3M
| SPY SS SPDR S&P 500 ETF Trust-US | 11.59% | 32,512 | $20.1M | Add +6.0% |
| QSR Restaurant Brands Intern | 11.11% | 290,438 | $19.3M | Add +21.1% |
| GNRC Generac Holdings Inc. | 11.06% | 133,787 | $19.2M | Add +105.8% |
| DG Dollar General Corp. | 11.02% | 166,935 | $19.1M | New |
| DPZ Domino's Pizza Inc. | 7.65% | 29,417 | $13.3M | Add +8.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 7.11% | 25,378 | $12.3M | No change |
| FNF Fidelity National Financial | 6.82% | 210,899 | $11.8M | Add +17.1% |
| UNFI United Natural Foods Inc. | 6.33% | 470,322 | $11.0M | No change |
| RRGB Red Robin Gourmet Burgers | 6.22% | 1,860,668 | $10.8M | No change |
| WEN The Wendy's Co. | 4.99% | 756,927 | $8.6M | New |
| BJRI Bj's Restaurants Inc. | 3.22% | 125,000 | $5.6M | New |
| JYNT The Joint Corp. | 3.19% | 478,844 | $5.5M | New |
| MKL Markel Group Inc. | 2.99% | 2,590 | $5.2M | Reduce -72.5% |
| WLK Westlake Corp. | 2.32% | 53,000 | $4.0M | New |
| TLF Tandy Leather Factory Inc. | 1.56% | 876,059 | $2.7M | No change |
| ET Energy Transfer LP | 1.19% | 113,522 | $2.1M | Reduce -83.4% |
| FARM Farmer Bros Co. | 0.79% | 992,826 | $1.4M | No change |
| SYY Sysco Corp. | 0.36% | 8,350 | $632K | Add +23.7% |
| EXPE Expedia Group Inc. | 0.34% | 3,492 | $589K | New |
| AMRC Ameresco Inc. Class A | 0.14% | 16,297 | $248K | Add +16.4% |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
| DG Dollar General Corp. | New | 11.02% | +11.02 |
| GNRC Generac Holdings Inc. | Add +105.8% | 11.06% | +5.98 |
| WEN The Wendy's Co. | New | 4.99% | +4.99 |
| BJRI Bj's Restaurants Inc. | New | 3.22% | +3.22 |
| JYNT The Joint Corp. | New | 3.19% | +3.19 |
| WLK Westlake Corp. | New | 2.32% | +2.32 |
| QSR Restaurant Brands Intern | Add +21.1% | 11.11% | +1.22 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +6.0% | 11.59% | +0.98 |
| EXPE Expedia Group Inc. | New | 0.34% | +0.34 |
| SYY Sysco Corp. | Add +23.7% | 0.36% | +0.05 |
| AMRC Ameresco Inc. Class A | Add +16.4% | 0.14% | +0.04 |
| DPZ Domino's Pizza Inc. | Add +8.9% | 7.65% | −0.00 |
| FNF Fidelity National Financial | Add +17.1% | 6.82% | −0.41 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 26 | $187.1M | SPY, UNFI, HHH, FNF, RRGB |
| Q1 2026 | 24 | $150.3M | SPY, UNFI, FNF, HHH, SRE |
| Q4 2025 | 18 | $126.6M | SPY, FNF, UNFI, HHH, NATL |
| Q3 2025 | 18 | $152.6M | SPY, GNRC, FNF, UNFI, RRGB |
| Q2 2025 | 20 | $173.3M | SPY, QSR, GNRC, DG, DPZ |
| Q1 2025 | 17 | $162.2M | MKL, SPY, QSR, BRK.B, UNFI |
| Q4 2024 | 17 | $169.7M | CAKE, SPY, MKL, ET, UNFI |
| Q3 2024 | 15 | $120.6M | SPY, CRH, BRK.B, QSR, ET |
| Q2 2024 | 13 | $89.5M | SPY, CRH, BRK.B, QSR, MKL |
| Q1 2024 | 11 | $62.7M | CRH, BRK.B, QSR, WCC, LAMR |