Nierenberg Investment Management Company, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Nierenberg Investment Management Company, LLC reported 45 stock positions worth $170.6 million. Its top holding was Mr Cooper (COOP) at 24.5% of the portfolio, followed by Potbelly (PBPB, 13.3%) and Fluor (FLR, 11.1%). Compared with Q1 2024, it opened 13 new positions, sold out of 3, added to 7 and reduced 5. The biggest buy was Eastern Bankshares (EBC, shares +37%) and the biggest sale an exit from SP Plus (SP).

Most Recent 13F
Q2 2026
Location
Camas, WA
CIK
0001282683
Portfolio Value
$170.6M (Q2 2024)
SEC Filing
0001941040-24-000370 ↗ filed Aug 13, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $171.0M Q1 2024 Q2 2024: $170.6M $170.6M Q2 2024 Q3 2024: $166.9M Q3 2024 Q4 2024: $170.9M Q4 2024 Q1 2025: $171.2M Q1 2025 Q2 2025: $171.4M Q2 2025 Q3 2025: $180.9M Q3 2025 Q4 2025: $198.2M Q4 2025 Q1 2026: $200.8M Q1 2026 Q2 2026: $201.4M Q2 2026

Holdings 45 stocks · $170.6M
COOP Mr Cooper Group Inc. 24.48% 514,184 $41.8M Reduce -5.0%
PBPB Potbelly Corp. 13.32% 2,829,860 $22.7M No change
FLR Fluor Corp. 11.07% 433,588 $18.9M No change
EQT Eqt Corp. 11.03% 508,693 $18.8M Add +4.5%
CTLP Cantaloupe Inc. 10.22% 2,641,658 $17.4M No change
EBC Eastern Bankshares Inc. 5.02% 613,088 $8.6M Add +37.4%
FTK Flotek Industries Inc. 3.59% 1,247,637 $6.1M No change
KBR KBR Inc. 1.91% 50,710 $3.3M No change
TPC Tutor Perini Corp. 1.31% 102,610 $2.2M No change
CLFD Clearfield Inc. 1.30% 57,510 $2.2M No change
CNXC Concentrix Corp. 1.04% 27,910 $1.8M Add +40.2%
FHN First Horizon Corp. 1.03% 111,555 $1.8M Add +78.3%
MTCH Match Group Inc. 0.99% 55,555 $1.7M New
ECVT Ecovyst Inc. 0.96% 182,610 $1.6M No change
RVSB Riverview Bancorp Inc. 0.94% 402,395 $1.6M New
DHC Diversified Healthcare Trust 0.82% 456,110 $1.4M Reduce -2.4%
SWN Southwestern Energy Co. 0.79% 199,555 $1.3M No change
HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I 0.78% 111,555 $1.3M Reduce -9.0%
HELE Helen of Troy Ltd. 0.71% 13,080 $1.2M No change
INSW International Seaways Inc. 0.71% 20,480 $1.2M Reduce -12.8%
SSUP Superior Industries Intl 0.67% 350,110 $1.1M Add +17.8%
BKD Brookdale Senior Living Inc. 0.64% 160,110 $1.1M Add +106.5%
HOPE Hope Bancorp Inc. 0.63% 99,555 $1.1M New
FFIC Flushing Financial Corp. 0.60% 77,555 $1.0M New
ARHS Arhaus Inc. 0.59% 59,310 $1.0M No change
RRC Range Resources Corp. 0.58% 29,555 $991K No change
MTRX Matrix Service Co. 0.58% 99,555 $989K No change
BFH Bread Financial Holdings Inc. 0.55% 21,210 $945K No change
PREMIER INC-CLASS A 0.41% 37,010 $691K Reduce -51.9%
GIFI Gulf Island Fabrication Inc. 0.40% 111,555 $677K No change
APP AppLovin Corp. Class A 0.37% 7,555 $629K No change
VBTX Veritex Holdings Inc. 0.37% 29,555 $623K New
CYH Community Health Systems Inc. 0.35% 175,555 $590K New
PLAB Photronics Inc. 0.33% 22,555 $556K New
SND Smart Sand Inc. 0.28% 222,555 $470K No change
DXC DXC Technology Co. 0.15% 13,555 $259K New
DAN Dana Inc. 0.15% 21,350 $259K No change
DZSIQ DZS Inc. 0.12% 172,555 $202K No change
SCYX Scynexis Inc. 0.09% 75,555 $151K New
FFWM First Foundation Inc. 0.06% 15,555 $102K New
ENZB Enzo Biochem Inc. 0.06% 88,555 $97K Add +666.4%
NAGE Niagen Bioscience Inc. filed as CHROMADEX CORP 0.02% 11,555 $32K New
WTI W&T Offshore Inc. 0.02% 13,555 $29K No change
OLPX Olaplex Holdings Inc. 0.01% 12,555 $19K New
CTMX Cytomx Therapeutics Inc. 0.01% 12,555 $15K New

Options reported separately and not counted above: EQT calls ($4.3M), BFH calls ($1.2M), EXE calls ($1.2M), CYH calls ($672K), SSUP calls ($361K), VISN calls ($234K), ALGT calls ($201K), DZSIQ calls ($52K).

Portfolio Sells Q1 2024 → Q2 2024
SP SP Plus Corp. Sold out 0.00% −1.15
SONO Sonos Inc. Sold out 0.00% −0.75
PREMIER INC-CLASS A Reduce -51.9% 0.41% −0.59
COOP Mr Cooper Group Inc. Reduce -5.0% 24.48% −0.20
ORN Orion Group Holdings Inc. Sold out 0.00% −0.11
INSW International Seaways Inc. Reduce -12.8% 0.71% −0.02
HOS Hornbeck Offshore Services I Reduce -9.0% 0.78% +0.00
DHC Diversified Healthcare Trust Reduce -2.4% 0.82% +0.14

Portfolio Buys Q1 2024 → Q2 2024
EBC Eastern Bankshares Inc. Add +37.4% 5.02% +1.43
MTCH Match Group Inc. New 0.99% +0.99
RVSB Riverview Bancorp Inc. New 0.94% +0.94
HOPE Hope Bancorp Inc. New 0.63% +0.63
FFIC Flushing Financial Corp. New 0.60% +0.60
EQT Eqt Corp. Add +4.5% 11.03% +0.48
FHN First Horizon Corp. Add +78.3% 1.03% +0.47
VBTX Veritex Holdings Inc. New 0.37% +0.37
CYH Community Health Systems Inc. New 0.35% +0.35
BKD Brookdale Senior Living Inc. Add +106.5% 0.64% +0.34
PLAB Photronics Inc. New 0.33% +0.33
CNXC Concentrix Corp. Add +40.2% 1.04% +0.26
SSUP Superior Industries Intl Add +17.8% 0.67% +0.16
DXC DXC Technology Co. New 0.15% +0.15
SCYX Scynexis Inc. New 0.09% +0.09
FFWM First Foundation Inc. New 0.06% +0.06
ENZB Enzo Biochem Inc. Add +666.4% 0.06% +0.05
NAGE Niagen Bioscience Inc. New 0.02% +0.02
OLPX Olaplex Holdings Inc. New 0.01% +0.01
CTMX Cytomx Therapeutics Inc. New 0.01% +0.01

Options Activity Q1 2024 → Q2 2024
EXE Expand Energy Corp. call New 14,000 $1.2M
INSW International Seaways Inc. call Sold out 17,100 $910Kbefore exit
FHN First Horizon Corp. call Sold out 50,000 $770Kbefore exit
CYH Community Health Systems Inc. call Add +66.7% 200,000 $672K
VISN Vistance Networks Inc. call Reduce -13.6% 190,000 $234K
PREMIER INC-CLASS A call Sold out 10,000 $221Kbefore exit
DZSIQ DZS Inc. call New 44,400 $52K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 35$201.4MSGOV, EQT, CRTO, LYFT, CART
Q1 2026 44$200.8MSGOV, EQT, CRTO, LYFT, KBR
Q4 2025 43$198.2MSGOV, EQT, RKT, CRTO, LYFT
Q3 2025 40$180.9MPBPB, EQT, COOP, LYFT, RVSB
Q2 2025 39$171.4MCOOP, PBPB, EQT, CRTO, RVSB
Q1 2025 47$171.2MCOOP, EQT, PBPB, CTLP, CRTO
Q4 2024 46$170.9MCOOP, PBPB, CTLP, EQT, EBC
Q3 2024 47$166.9MCOOP, PBPB, FLR, EQT, CTLP
Q2 2024 45$170.6MCOOP, PBPB, FLR, EQT, CTLP
Q1 2024 35$171.0MCOOP, PBPB, FLR, EQT, CTLP