JCP Investment Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), JCP Investment Management, LLC reported 24 stock positions worth $150.3 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 22.1% of the portfolio, followed by United Natural Foods (UNFI, 14.8%) and Fidelity National Financial (FNF, 11.6%). Compared with Q4 2025, it opened 10 new positions, sold out of 4, added to 5 and reduced 2. The biggest buy was a new position in Sempra (SRE) and the biggest sale an exit from NCR Atleos (NATL).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001461945
- Portfolio Value
- $150.3M (Q1 2026)
- SEC Filing
- 0001461945-26-000003 ↗ filed May 15, 2026
Holdings Value
Holdings 24 stocks · $150.3M
| SPY SS SPDR S&P 500 ETF Trust-US | 22.10% | 50,944 | $33.2M | Add +45.6% |
| UNFI United Natural Foods Inc. | 14.82% | 494,371 | $22.3M | Add +6.7% |
| FNF Fidelity National Financial | 11.62% | 376,527 | $17.5M | Add +10.3% |
| HHH Howard Hughes Holdings Inc. | 9.85% | 234,100 | $14.8M | Add +29.3% |
| SRE Sempra | 6.90% | 106,400 | $10.4M | New |
| KMI Kinder Morgan Inc. | 6.23% | 279,239 | $9.4M | No change |
| GNRC Generac Holdings Inc. | 5.00% | 38,510 | $7.5M | Add +75.0% |
| RRGB Red Robin Gourmet Burgers | 3.65% | 1,871,235 | $5.5M | No change |
| JYNT The Joint Corp. | 3.50% | 593,906 | $5.3M | No change |
| MCD McDonald's Corp. | 2.44% | 11,800 | $3.7M | New |
| FCRS.U Futurecrest Acquisition Corp. | 2.24% | 330,677 | $3.4M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 2.13% | 6,675 | $3.2M | New |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 1.73% | 40,000 | $2.6M | New |
| TLF Tandy Leather Factory Inc. | 1.35% | 876,059 | $2.0M | No change |
| BJRI Bj's Restaurants Inc. | 1.11% | 47,443 | $1.7M | Reduce -62.0% |
| KW Kennedy-Wilson Holdings Inc. | 1.09% | 151,334 | $1.6M | New |
| JHG Janus Henderson Group PLC | 0.96% | 28,000 | $1.4M | New |
| FARM Farmer Bros Co. | 0.83% | 979,650 | $1.2M | No change |
| DASH DoorDash Inc. Class A | 0.66% | 6,600 | $991K | New |
| KR Kroger Co. | 0.59% | 12,293 | $890K | Reduce -19.6% |
| SLF Sun Life Financial Inc. | 0.53% | 12,762 | $798K | New |
| VTI VG Morningstar TS MKT ETF-US | 0.33% | 1,560 | $500K | New |
| BRN Barnwell Industries Inc. | 0.29% | 409,224 | $442K | New |
| KRSP.U Rice Acquisition Corp. 3 | 0.07% | 10,000 | $106K | No change |
Portfolio Sells Q4 2025 → Q1 2026
Portfolio Buys Q4 2025 → Q1 2026
| SRE Sempra | New | 6.90% | +6.90 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +45.6% | 22.10% | +3.24 |
| GNRC Generac Holdings Inc. | Add +75.0% | 5.00% | +2.63 |
| UNFI United Natural Foods Inc. | Add +6.7% | 14.82% | +2.49 |
| MCD McDonald's Corp. | New | 2.44% | +2.44 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 2.13% | +2.13 |
| AL Sumisho Air Lease Corp. | New | 1.73% | +1.73 |
| KW Kennedy-Wilson Holdings Inc. | New | 1.09% | +1.09 |
| JHG Janus Henderson Group PLC | New | 0.96% | +0.96 |
| DASH DoorDash Inc. Class A | New | 0.66% | +0.66 |
| SLF Sun Life Financial Inc. | New | 0.53% | +0.53 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.33% | +0.33 |
| BRN Barnwell Industries Inc. | New | 0.29% | +0.29 |
| HHH Howard Hughes Holdings Inc. | Add +29.3% | 9.85% | −1.56 |
| FNF Fidelity National Financial | Add +10.3% | 11.62% | −3.12 |
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 |