Rangeley Capital, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Rangeley Capital, LLC reported 170 stock positions worth $101.7 million. Its top holding was Driven Brands (DRVN) at 7.1% of the portfolio, followed by Prothena (PRTA, 4.0%) and Seaport Entertainment (SEG, 4.0%). Compared with Q1 2026, it opened 65 new positions, sold out of 26, added to 28 and reduced 41. The biggest buy was a new position in Nomad Foods (NOMD) and the biggest sale an exit from Leggett & Platt (LEG).
- Most Recent 13F
- Q2 2026
- Location
- NEW CANAAN, CT
- CIK
- 0001517796
- Portfolio Value
- $101.7M (Q2 2026)
- SEC Filing
- 0001892688-26-000133 ↗ filed Aug 14, 2026
Holdings Value
Holdings 170 stocks · $101.7M
| DRVN Driven Brands Holdings Inc. | 7.10% | 518,246 | $7.2M | Reduce -17.1% |
| PRTA Prothena Corp. PLC | 4.02% | 417,270 | $4.1M | Reduce -7.2% |
| SEG Seaport Entertainment Group | 4.01% | 153,517 | $4.1M | No change |
| GRND Grindr Inc. | 3.11% | 220,000 | $3.2M | Reduce -6.0% |
| STHO Star Holdings filed as STAR HLDGS | 2.91% | 324,408 | $3.0M | Add +18.4% |
| FLL Full House Resorts Inc. filed as FULL HSE RESORTS INC | 2.54% | 925,578 | $2.6M | Add +1.1% |
| ABUS Arbutus Biopharma Corp. | 2.36% | 500,000 | $2.4M | No change |
| TRIP Tripadvisor Inc. | 2.05% | 152,000 | $2.1M | Reduce -20.0% |
| ECHO Echostar Corp. Class A | 1.82% | 17,800 | $1.8M | Reduce -1.1% |
| ABVX Abivax SA-ADR | 1.70% | 13,000 | $1.7M | Add +225.0% |
| GDOT Green Dot Corp. Class A | 1.69% | 127,594 | $1.7M | Reduce -21.6% |
| DSGR Distribution Solutions Group | 1.69% | 63,000 | $1.7M | Add +273.7% |
| TBPH Theravance Biopharma Inc. | 1.66% | 99,500 | $1.7M | Reduce -3.4% |
| RLYB Rallybio Corp. | 1.65% | 104,850 | $1.7M | Add +248.0% |
| ONL Orion Properties Inc. | 1.64% | 578,567 | $1.7M | Reduce -36.8% |
| MNRO Monro Inc. | 1.62% | 96,500 | $1.7M | Add +84.4% |
| RVMD Revolution Medicines Inc. | 1.60% | 8,700 | $1.6M | Reduce -87.0% |
| BHF Brighthouse Financial Inc. | 1.56% | 25,000 | $1.6M | No change |
| JANX Janux Therapeutics Inc. | 1.48% | 97,978 | $1.5M | Reduce -20.0% |
| NOMD Nomad Foods Ltd. | 1.45% | 135,000 | $1.5M | New |
| ARVN Arvinas Inc. | 1.43% | 175,590 | $1.5M | Reduce -21.6% |
| DK Delek US Holdings Inc. | 1.35% | 27,000 | $1.4M | Reduce -55.0% |
| WBD Warner Bros Discovery Inc. | 1.34% | 51,000 | $1.4M | No change |
| ZIM Zim Integrated Shipping Serv | 1.33% | 52,000 | $1.4M | Reduce -5.5% |
| MLAA Mountain Lake Acquisiti Class A | 1.25% | 127,791 | $1.3M | New |
| EVC Entravision Communications-A | 1.17% | 91,000 | $1.2M | Reduce -9.0% |
| RPD RAPID7 Inc. | 1.14% | 143,000 | $1.2M | New |
| BCYC Bicycle Therapeutics PLC-ADR | 1.06% | 253,500 | $1.1M | Add +9.1% |
| NLOP Net Lease Office Property | 1.04% | 95,000 | $1.1M | Reduce -17.3% |
| KURA Kura Oncology Inc. | 1.01% | 94,000 | $1.0M | Reduce -7.1% |
| WLFC Willis Lease Finance Corp. | 0.90% | 4,000 | $915K | New |
| WENN Wen Acquisition Corp. Class A | 0.88% | 88,113 | $897K | Add +3.7% |
| HUCK Huckleberry AI Inc. filed as DOMO INC | 0.85% | 276,000 | $864K | Add +961.5% |
| META Meta Platforms Inc. Class A | 0.83% | 1,500 | $845K | New |
| RYAM Rayonier Advanced Materials | 0.81% | 104,808 | $824K | New |
| IMMR Immersion Corporation | 0.73% | 110,000 | $745K | Add +46.7% |
| FWRD Forward Air Corp. | 0.73% | 55,000 | $743K | Reduce -35.3% |
| INMD Inmode Ltd. | 0.72% | 50,000 | $731K | New |
| DDI Doubledown Interactive -ADR | 0.69% | 61,000 | $700K | New |
| CLMT Calumet Inc. | 0.67% | 19,000 | $684K | Reduce -64.2% |
| XPOF Xponential Fitness Inc. Class A | 0.66% | 97,485 | $675K | New |
| CHTR Charter Communications Inc. Class A | 0.63% | 4,500 | $640K | New |
| BCAR D. Boral Arc Acquisit Class A | 0.63% | 61,150 | $638K | New |
| AXIN Axiom Intelligence Class A | 0.62% | 61,193 | $633K | New |
| DRDB Roman DBDR Acquisition Corp. | 0.62% | 60,000 | $632K | No change |
| GO Grocery Outlet Holding Corp. | 0.62% | 63,000 | $629K | Add +57.5% |
| PAHC Phibro Animal Health Corp. Class A | 0.62% | 20,000 | $628K | New |
| CCII Cohen Circle Acquisit II - A | 0.61% | 60,200 | $616K | Add +502.0% |
| YEXT Yext Inc. | 0.60% | 130,328 | $609K | Add +31.2% |
| KROS Keros Therapeutics Inc. | 0.57% | 54,400 | $582K | No change |
| HEPS D-Market Electronic Serv-ADR | 0.57% | 200,000 | $582K | No change |
| ENGN Engene Therapeutics Inc. | 0.52% | 305,102 | $528K | New |
| SSP Ew Scripps Co./the-A filed as SCRIPPS E W CO OHIO | 0.51% | 187,000 | $518K | Add +118.7% |
| GPACU General Purpose Acquisition | 0.50% | 50,000 | $505K | No change |
| NKTR Nektar Therapeutics | 0.48% | 7,000 | $489K | New |
| KVYO Klaviyo Inc. Class A | 0.46% | 31,000 | $468K | New |
| SVAQ Silicon Valley Acquisit Class A | 0.46% | 46,162 | $466K | New |
| QURE Uniqure NV | 0.45% | 10,000 | $461K | Reduce -23.1% |
| FCRS Futurecrest Acquisition Class A | 0.45% | 44,070 | $454K | Add +8.3% |
| IBIT iShares Bitcoin Trust ETF | 0.45% | 13,600 | $453K | New |
| ALNY Alnylam Pharmaceuticals Inc. | 0.44% | 1,500 | $452K | New |
| IKT Inhibikase Therapeutics Inc. | 0.44% | 220,000 | $447K | No change |
| ACET Adicet Bio Inc. | 0.43% | 50,892 | $440K | Reduce -9.1% |
| OKUR Onkure Therapeutics Inc. Class A | 0.43% | 95,000 | $433K | No change |
| OACC Oaktree Acquisition Corp. I-A | 0.42% | 40,239 | $431K | Reduce -34.2% |
| GTERU Globa Terra Acquisition Corp. | 0.41% | 40,361 | $422K | No change |
| FULC Fulcrum Therapeutics Inc. | 0.41% | 114,890 | $420K | New |
| NWAX.U New America Acquisition I Co. | 0.41% | 40,000 | $414K | No change |
| CRBP Corbus Pharmaceuticals Holdi | 0.41% | 44,000 | $413K | Reduce -1.9% |
| ARQ Arq Inc. | 0.39% | 157,000 | $400K | New |
| LXU LSB Industries Inc. | 0.37% | 35,000 | $378K | New |
| DCH Dauch Corporation | 0.36% | 68,000 | $369K | New |
| SEER Seer Inc. | 0.36% | 222,000 | $369K | Add +20.4% |
| PS Pershing Square Inc. | 0.36% | 11,000 | $361K | New |
| STRS Stratus Properties Inc. | 0.35% | 12,546 | $361K | No change |
| ABEO Abeona Therapeutics Inc. | 0.35% | 58,100 | $359K | Reduce -3.2% |
| BHR Braemar Hotels & Resorts Inc. | 0.35% | 162,567 | $351K | Reduce -26.8% |
| FERA Fifth Era Acquisition Corp. Class A | 0.34% | 33,458 | $349K | Add +8.0% |
| ACDC Profrac Holding Corp. Class A | 0.34% | 59,578 | $346K | New |
| DMIIU Drugs Made in America Acquis | 0.33% | 32,551 | $331K | Reduce -41.5% |
| PRTH Priority Technology Holdings | 0.32% | 49,000 | $327K | Reduce -16.9% |
| EGHA Egh Acquisition Co. Class A | 0.32% | 31,474 | $324K | New |
| DBCA D. Boral Acquisition I Class A | 0.32% | 32,193 | $321K | New |
| RTAC Renatus Tactical Acquisiti-A | 0.31% | 29,659 | $311K | Reduce -17.1% |
| NFBK Northfield Bancorp Inc. | 0.30% | 21,000 | $309K | New |
| NVRI Enviri Corp. | 0.30% | 14,000 | $307K | Add +50.0% |
| TMQ Trilogy Metals Inc. | 0.30% | 87,000 | $305K | No change |
| OTGAU Otg Acquisition Corp. I | 0.28% | 27,520 | $284K | Reduce -45.8% |
| FDMT 4D Molecular Therapeutics Inc. | 0.27% | 20,965 | $279K | Reduce -33.4% |
| LSTA Lisata Therapeutics Inc. | 0.27% | 81,000 | $275K | Add +8.0% |
| WEAV Weave Communications Inc. | 0.27% | 45,700 | $274K | New |
| EXEL Exelixis Inc. | 0.27% | 5,000 | $272K | No change |
| KOYNU CSLM Digital Asset Acquisiti | 0.26% | 26,092 | $269K | Reduce -46.7% |
| CRMT America's Car-Mart Inc. | 0.26% | 94,500 | $264K | New |
| PZZA Papa John's Intl Inc. | 0.25% | 7,000 | $257K | New |
| PLRX Pliant Therapeutics Inc. | 0.25% | 225,000 | $257K | No change |
| DYNC Dynamix Corp. | 0.25% | 23,449 | $253K | New |
| PD Pagerduty Inc. | 0.24% | 25,000 | $241K | No change |
| SEPN Septerna Inc. | 0.24% | 7,200 | $241K | Reduce -81.9% |
| TDAY USA Today Co. Inc. | 0.24% | 28,000 | $239K | Reduce -24.9% |
Options reported separately and not counted above: META calls ($563K), IBIT calls ($526K), MSFT calls ($373K), FWRD calls ($272K), RPD calls ($151K), HUCK calls ($44K), ACDC calls ($12K).
Other holdings (6): bonds, preferreds, convertibles and warrants · $5.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| RVMDW Revolution Medicines Inc.-28 | *W EXP 12/17/202 | 25,000 | $4.7M | New |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 21,600 | $553K | Reduce -20.6% |
| XRXDW Xerox Holdings Corp. | *W EXP 02/11/202 | 100,000 | $313K | New |
| TACOW Berto Acquisition Corp. - 30 | *W EXP 05/01/203 | 16,000 | $168K | Add +3.2% |
| KYIVW Kyivstar Group Ltd. -30 | *W EXP 08/14/203 | 3,000 | $49K | New |
| DRDBW Roman DBDR Acquisition -30 | *W EXP 10/31/203 | 1,083 | $11K | New |
Total filed on the 13F, all lines: $107.5M.
Portfolio Sells Q1 2026 → Q2 2026
| LEG Leggett & Platt Inc. | Sold out | 0.00% | −2.28 |
| ICLR Icon PLC | Sold out | 0.00% | −2.12 |
| KZR Kezar Life Sciences Inc. | Sold out | 0.00% | −1.96 |
| MCW Mister Car Wash Inc. | Sold out | 0.00% | −1.67 |
| DK Delek US Holdings Inc. | Reduce -55.0% | 1.35% | −1.58 |
| DRVN Driven Brands Holdings Inc. | Reduce -17.1% | 7.10% | −1.45 |
| ELME Elme Communities | Sold out | 0.00% | −1.43 |
| CLMT Calumet Inc. | Reduce -64.2% | 0.67% | −1.39 |
| SWKH SWK Holdings Corp. | Sold out | 0.00% | −1.16 |
| ARVN Arvinas Inc. | Reduce -21.6% | 1.43% | −1.14 |
| KW Kennedy-Wilson Holdings Inc. | Sold out | 0.00% | −1.14 |
| HOLX Hologic Inc. | Sold out | 0.00% | −1.07 |
| HGV Hilton Grand Vacations Inc. | Sold out | 0.00% | −1.06 |
| SEM Select Medical Holdings Corp. | Sold out | 0.00% | −0.88 |
| FWRD Forward Air Corp. | Reduce -35.3% | 0.73% | −0.81 |
| SEPN Septerna Inc. | Reduce -81.9% | 0.24% | −0.80 |
| PRTA Prothena Corp. PLC | Reduce -7.2% | 4.02% | −0.72 |
| CWAN Clearwater Analytics HDS-A | Sold out | 0.00% | −0.72 |
| ONL Orion Properties Inc. | Reduce -36.8% | 1.64% | −0.49 |
| GLUE Monte Rosa Therapeutics Inc. | Sold out | 0.00% | −0.48 |
| ECHO Echostar Corp. Class A | Reduce -1.1% | 1.82% | −0.47 |
| LNSR Lensar Inc. | Sold out | 0.00% | −0.41 |
| AIV Apartment Invt & Mgmt Co. Class A | Sold out | 0.00% | −0.40 |
| NLOP Net Lease Office Property | Reduce -17.3% | 1.04% | −0.40 |
| CNTA Centessa Pharmaceuticals Ltd. | Sold out | 0.00% | −0.39 |
| EM Smart Share Global Ltd. - ADR | Sold out | 0.00% | −0.38 |
| JANX Janux Therapeutics Inc. | Reduce -20.0% | 1.48% | −0.37 |
| GDOT Green Dot Corp. Class A | Reduce -21.6% | 1.69% | −0.29 |
| ZIM Zim Integrated Shipping Serv | Reduce -5.5% | 1.33% | −0.24 |
| WW WW International Inc.-New | Sold out | 0.00% | −0.24 |
| BHR Braemar Hotels & Resorts Inc. | Reduce -26.8% | 0.35% | −0.22 |
| MLAC Mountain Lake Acquisition-A | Sold out | 0.00% | −0.17 |
| TBPH Theravance Biopharma Inc. | Reduce -3.4% | 1.66% | −0.15 |
| TRIP Tripadvisor Inc. | Reduce -20.0% | 2.05% | −0.15 |
| SPKLF Spark I Acquisition Corp. | Sold out | 0.00% | −0.13 |
| BCARU D Boral Arc Acquisition I Co. | Reduce -79.0% | 0.17% | −0.13 |
| FTW Presidio Production Co. Class A | Sold out | 0.00% | −0.09 |
| AVIR Atea Pharmaceuticals Inc. | Reduce -6.5% | 0.20% | −0.07 |
| MGNX Macrogenics Inc. | Sold out | 0.00% | −0.07 |
| IMA Imagenebio Inc. | Reduce -38.4% | 0.12% | −0.06 |
| BUR Burford Capital Ltd. | Sold out | 0.00% | −0.06 |
| CRBP Corbus Pharmaceuticals Holdi | Reduce -1.9% | 0.41% | −0.05 |
| LAB Standard Biotools Inc. | Sold out | 0.00% | −0.05 |
| TDAY USA Today Co. Inc. | Reduce -24.9% | 0.24% | −0.05 |
| CCO Clear Channel Outdoor Holdin | Sold out | 0.00% | −0.05 |
| FDMT 4D Molecular Therapeutics Inc. | Reduce -33.4% | 0.27% | −0.04 |
| OACC Oaktree Acquisition Corp. I-A | Reduce -34.2% | 0.42% | −0.04 |
| RZLT Rezolute Inc. | Reduce -50.9% | 0.10% | −0.03 |
| PACHU Pioneer Acquisition I Corp. | Reduce -3.6% | 0.22% | −0.03 |
| DMIIU Drugs Made in America Acquis | Reduce -41.5% | 0.33% | −0.03 |
Portfolio Buys Q1 2026 → Q2 2026
| NOMD Nomad Foods Ltd. | New | 1.45% | +1.45 |
| RLYB Rallybio Corp. | Add +248.0% | 1.65% | +1.36 |
| MLAA Mountain Lake Acquisiti Class A | New | 1.25% | +1.25 |
| ABVX Abivax SA-ADR | Add +225.0% | 1.70% | +1.22 |
| DSGR Distribution Solutions Group | Add +273.7% | 1.69% | +1.21 |
| RPD RAPID7 Inc. | New | 1.14% | +1.14 |
| WLFC Willis Lease Finance Corp. | New | 0.90% | +0.90 |
| META Meta Platforms Inc. Class A | New | 0.83% | +0.83 |
| RYAM Rayonier Advanced Materials | New | 0.81% | +0.81 |
| HUCK Huckleberry AI Inc. | Add +961.5% | 0.85% | +0.76 |
| INMD Inmode Ltd. | New | 0.72% | +0.72 |
| MNRO Monro Inc. | Add +84.4% | 1.62% | +0.71 |
| DDI Doubledown Interactive -ADR | New | 0.69% | +0.69 |
| XPOF Xponential Fitness Inc. Class A | New | 0.66% | +0.66 |
| STHO Star Holdings | Add +18.4% | 2.91% | +0.66 |
| CHTR Charter Communications Inc. Class A | New | 0.63% | +0.63 |
| BCAR D. Boral Arc Acquisit Class A | New | 0.63% | +0.63 |
| AXIN Axiom Intelligence Class A | New | 0.62% | +0.62 |
| PAHC Phibro Animal Health Corp. Class A | New | 0.62% | +0.62 |
| ENGN Engene Therapeutics Inc. | New | 0.52% | +0.52 |
| CCII Cohen Circle Acquisit II - A | Add +502.0% | 0.61% | +0.49 |
| NKTR Nektar Therapeutics | New | 0.48% | +0.48 |
| KVYO Klaviyo Inc. Class A | New | 0.46% | +0.46 |
| SVAQ Silicon Valley Acquisit Class A | New | 0.46% | +0.46 |
| IBIT iShares Bitcoin Trust ETF | New | 0.45% | +0.45 |
| ALNY Alnylam Pharmaceuticals Inc. | New | 0.44% | +0.44 |
| FULC Fulcrum Therapeutics Inc. | New | 0.41% | +0.41 |
| ARQ Arq Inc. | New | 0.39% | +0.39 |
| LXU LSB Industries Inc. | New | 0.37% | +0.37 |
| DCH Dauch Corporation | New | 0.36% | +0.36 |
| PS Pershing Square Inc. | New | 0.36% | +0.36 |
| ACDC Profrac Holding Corp. Class A | New | 0.34% | +0.34 |
| EGHA Egh Acquisition Co. Class A | New | 0.32% | +0.32 |
| DBCA D. Boral Acquisition I Class A | New | 0.32% | +0.32 |
| GO Grocery Outlet Holding Corp. | Add +57.5% | 0.62% | +0.31 |
| FLL Full House Resorts Inc. | Add +1.1% | 2.54% | +0.30 |
| NFBK Northfield Bancorp Inc. | New | 0.30% | +0.30 |
| IMMR Immersion Corporation | Add +46.7% | 0.73% | +0.29 |
| WEAV Weave Communications Inc. | New | 0.27% | +0.27 |
| CRMT America's Car-Mart Inc. | New | 0.26% | +0.26 |
| PZZA Papa John's Intl Inc. | New | 0.25% | +0.25 |
| DYNC Dynamix Corp. | New | 0.25% | +0.25 |
| SUNB Sunbelt Rentals Holdings Inc. | New | 0.22% | +0.22 |
| CEPO Cantor Equity Partners I-A | New | 0.22% | +0.22 |
| NRDS Nerdwallet Inc. Class A | New | 0.21% | +0.21 |
| FCRS Futurecrest Acquisition Class A | Add +8.3% | 0.45% | +0.21 |
| TECX Tectonic Therapeutic Inc. | New | 0.20% | +0.20 |
| ANAB Anaptysbio Inc. | New | 0.20% | +0.20 |
| ESPR Esperion Therapeutics Inc. | New | 0.19% | +0.19 |
| CCOI Cogent Communications Holdin | New | 0.19% | +0.19 |
Options Activity Q1 2026 → Q2 2026
| LQDA Liquidia Corp. | put | Sold out | 150,000 | $5.7Mbefore exit |
| LQDA Liquidia Corp. | call | Sold out | 75,000 | $2.8Mbefore exit |
| WBD Warner Bros Discovery Inc. | call | Sold out | 53,300 | $1.5Mbefore exit |
| META Meta Platforms Inc. Class A | call | New | 1,000 | $563K |
| IBIT iShares Bitcoin Trust ETF | call | New | 15,800 | $526K |
| MSFT Microsoft Corp. | call | New | 1,000 | $373K |
| RPD RAPID7 Inc. | call | New | 18,700 | $151K |
| HUCK Huckleberry AI Inc. | call | New | 14,200 | $44K |
| ACDC Profrac Holding Corp. Class A | call | New | 2,000 | $12K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2026 → Q2 2026
| RVMDW Revolution Medicines Inc.-28 | *W EXP 12/17/202 | New | 25,000 | $4.7M |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Reduce -20.6% | 21,600 | $553K |
| XRXDW Xerox Holdings Corp. | *W EXP 02/11/202 | New | 100,000 | $313K |
| TACOW Berto Acquisition Corp. - 30 | *W EXP 05/01/203 | Add +3.2% | 16,000 | $168K |
| KYIVW Kyivstar Group Ltd. -30 | *W EXP 08/14/203 | New | 3,000 | $49K |
| DRDBW Roman DBDR Acquisition -30 | *W EXP 10/31/203 | New | 1,083 | $11K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 170 | $101.7M | DRVN, PRTA, SEG, GRND, STHO |
| Q1 2026 | 131 | $92.2M | DRVN, PRTA, SEG, GRND, DK |
| Q4 2025 | 111 | $114.4M | WBD, GDEN, CLMT, PRTA, YEXT |
| Q3 2025 | 119 | $104.0M | DK, CLMT, ARVN, PRTA, WOW |
| Q2 2025 | 68 | $76.9M | SAGE, DK, ARVN, CLMT, PRTA |
| Q1 2025 | 69 | $87.4M | CLMT, DK, ABUS, BUR, AMPY |
| Q4 2024 | 70 | $103.7M | CLMT, AMPY, DK, BUR, NLOP |