Riverwater Partners LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 19, 2024), Riverwater Partners LLC reported 187 stock positions worth $136.0 million. Its top holding was Convergence Long/Short Eqy (CLSE) at 10.0% of the portfolio, followed by iShares MSCI Eafe Value ETF (EFV, 4.1%) and Limoneira (LMNR, 2.0%). Compared with Q4 2023, it opened 16 new positions, sold out of 25, added to 57 and reduced 86. The biggest buy was a new position in Eli Lilly (LLY) and the biggest sale an exit from Lincoln Electric (LECO).
- Most Recent 13F
- Q2 2026
- Location
- Milwaukee, WI
- CIK
- 0001882572
- Portfolio Value
- $136.0M (Q1 2024)
- SEC Filing
- 0001941040-24-000194 ↗ filed Apr 19, 2024
Holdings Value
Holdings 187 stocks · $136.0M
| CLSE Convergence Long/Short Eqy | 10.00% | 665,286 | $13.6M | Reduce -3.0% |
| EFV iShares MSCI Eafe Value ETF | 4.11% | 102,691 | $5.6M | No change |
| LMNR Limoneira Co. | 2.01% | 139,946 | $2.7M | Add +26.4% |
| TGLS Tecnoglass Holdings Inc. | 2.00% | 52,671 | $2.7M | Add +0.3% |
| ATKR Atkore Inc. | 1.98% | 14,151 | $2.7M | Add +6.8% |
| VECO Veeco Instruments Inc. | 1.69% | 65,542 | $2.3M | Add +0.2% |
| AGM Federal Agric MTG Corp. Class C | 1.66% | 11,476 | $2.3M | Add +0.9% |
| MOD Modine Manufacturing Co. | 1.65% | 23,633 | $2.2M | Add +0.7% |
| ICFI Icf International Inc. | 1.56% | 14,048 | $2.1M | Add +1.0% |
| GOOGL Alphabet Inc. Class A | 1.55% | 13,989 | $2.1M | Reduce -1.9% |
| KRBN KS Global Carbon Stratgy ETF | 1.54% | 68,070 | $2.1M | Add +41.1% |
| MSFT Microsoft Corp. | 1.41% | 4,555 | $1.9M | Add +18.4% |
| WAL Western Alliance Bancorp | 1.39% | 29,467 | $1.9M | Add +1.0% |
| LOPE Grand Canyon Education Inc. | 1.27% | 12,716 | $1.7M | Add +0.9% |
| EVR Evercore Inc. Class A | 1.20% | 8,478 | $1.6M | Add +1.0% |
| CNX CNX Resources Corp. | 1.15% | 65,673 | $1.6M | Add +1.0% |
| CROX Crocs Inc. | 1.13% | 10,725 | $1.5M | Add +1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.07% | 3,466 | $1.5M | Reduce -2.6% |
| IDCC Interdigital Inc. | 1.06% | 13,593 | $1.4M | Add +0.3% |
| SCHW Schwab (charles) Corp. | 1.00% | 18,868 | $1.4M | Reduce -3.5% |
| DGX Quest Diagnostics Inc. | 1.00% | 10,235 | $1.4M | Add +53.3% |
| HAE Haemonetics Corp. | 0.99% | 15,805 | $1.3M | Add +0.1% |
| PGR Progressive Corp. | 0.98% | 6,418 | $1.3M | Add +10.3% |
| CIEN Ciena Corp. | 0.96% | 26,281 | $1.3M | Add +0.9% |
| UNH Unitedhealth Group Inc. | 0.90% | 2,480 | $1.2M | Add +12.9% |
| AZZ Azz Inc. | 0.85% | 14,945 | $1.2M | Add +1.2% |
| TMO Thermo Fisher Scientific Inc. | 0.76% | 1,776 | $1.0M | Reduce -0.9% |
| PNW Pinnacle West Capital | 0.75% | 13,699 | $1.0M | Add +1.0% |
| CG The Carlyle Group Inc. | 0.75% | 21,761 | $1.0M | Add +1.1% |
| CSL Carlisle Cos Inc. | 0.74% | 2,577 | $1.0M | Reduce -13.7% |
| CFR Cullen/Frost Bankers Inc. | 0.74% | 8,889 | $1.0M | Add +1.0% |
| CRL Charles River Laboratories | 0.72% | 3,639 | $986K | Add +0.9% |
| JLL Jones Lang Lasalle Inc. | 0.72% | 5,008 | $977K | Add +1.1% |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 0.71% | 12,816 | $970K | Reduce -0.3% |
| V Visa Inc. Class A | 0.70% | 3,388 | $946K | Add +12.0% |
| STE Steris PLC | 0.67% | 4,046 | $910K | Add +0.2% |
| DHR Danaher Corp. | 0.66% | 3,571 | $892K | Add +58.9% |
| FERG Ferguson Jersey Ltd. | 0.64% | 3,972 | $868K | Reduce -3.8% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.61% | 6,577 | $828K | Reduce -32.0% |
| HDSN Hudson Technologies Inc. | 0.60% | 74,334 | $818K | Add +171.6% |
| AAPL Apple Inc. | 0.59% | 4,689 | $804K | Reduce -2.3% |
| PLXS Plexus Corp. | 0.58% | 8,332 | $790K | Add +0.7% |
| LLY Eli Lilly & Co. | 0.57% | 995 | $774K | New |
| PCAR Paccar Inc. | 0.57% | 6,223 | $771K | Reduce -1.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.56% | 7,475 | $758K | Add +17.4% |
| DG Dollar General Corp. | 0.55% | 4,761 | $743K | Reduce -2.4% |
| FISV Fiserv Inc. | 0.53% | 4,509 | $721K | Reduce -32.9% |
| ICE Intercontinental Exchange Inc. | 0.53% | 5,212 | $716K | Reduce -0.7% |
| LIN Linde PLC | 0.52% | 1,533 | $712K | Add +30.8% |
| GOOG Alphabet Inc. Class C | 0.51% | 4,599 | $700K | Add +30.4% |
| MAS Masco Corp. | 0.51% | 8,727 | $688K | Reduce -3.3% |
| AAAU Goldman Sachs Physical Gold | 0.50% | 31,177 | $686K | Reduce -5.0% |
| AVY Avery Dennison Corp. | 0.50% | 3,024 | $675K | Reduce -4.3% |
| ECL Ecolab Inc. | 0.50% | 2,921 | $674K | Add +76.6% |
| SYY Sysco Corp. | 0.49% | 8,140 | $661K | Reduce -14.8% |
| AMKR Amkor Technology Inc. | 0.48% | 20,327 | $655K | Add +1.0% |
| PSX Phillips 66 | 0.48% | 3,966 | $648K | Reduce -1.1% |
| BKNG Booking Holdings Inc. | 0.47% | 177 | $642K | Reduce -3.8% |
| KMX Carmax Inc. | 0.47% | 7,356 | $641K | Add +28.6% |
| MU Micron Technology Inc. | 0.45% | 5,148 | $607K | Reduce -35.4% |
| MA Mastercard Inc. Class A | 0.45% | 1,260 | $607K | Reduce -4.3% |
| NVDA Nvidia Corp. | 0.44% | 666 | $602K | Reduce -29.4% |
| ESGU iShares ESG Aware MSCI USA | 0.44% | 5,214 | $599K | Reduce -7.7% |
| SONY Sony Group Corp. - SP ADR | 0.43% | 6,790 | $582K | Reduce -3.6% |
| PNC PNC Financial Services Group | 0.42% | 3,571 | $577K | Reduce -1.6% |
| IWM iShares Russell 2000 ETF | 0.42% | 2,741 | $576K | Add +0.3% |
| MEC Mayville Engineering Co. Inc. | 0.41% | 39,240 | $562K | Reduce -1.5% |
| NEE Nextera Energy Inc. | 0.41% | 8,797 | $562K | New |
| NNN NNN REIT Inc. | 0.41% | 12,907 | $552K | Reduce -0.5% |
| EVTC Evertec Inc. | 0.40% | 13,688 | $546K | Add +1.0% |
| NPKI NPK International Inc. filed as NEWPARK RES INC | 0.40% | 75,254 | $543K | Add +4.3% |
| LMAT Lemaitre Vascular Inc. | 0.40% | 8,104 | $538K | Reduce -1.4% |
| FBIZ First Business Financial Ser | 0.39% | 14,275 | $535K | Reduce -1.5% |
| A Agilent Technologies Inc. | 0.38% | 3,570 | $519K | Add +146.7% |
| IRMD Iradimed Corp. | 0.38% | 11,754 | $517K | Reduce -1.5% |
| CEG Constellation Energy | 0.37% | 2,703 | $500K | Reduce -1.1% |
| AMZN Amazon.com Inc. | 0.37% | 2,757 | $497K | Reduce -8.4% |
| CARR Carrier Global Corp. | 0.36% | 8,509 | $495K | Reduce -3.1% |
| UNP Union Pacific Corp. | 0.36% | 1,997 | $491K | Add +16.9% |
| UL Unilever PLC | 0.35% | 9,621 | $483K | Add +26.2% |
| GLW Corning Inc. | 0.35% | 14,650 | $483K | Reduce -1.0% |
| UTL Unitil Corp. | 0.35% | 9,152 | $479K | Reduce -1.4% |
| LPX Louisiana-Pacific Corp. | 0.35% | 5,622 | $472K | New |
| PWP Perella Weinberg Partners | 0.34% | 33,165 | $469K | Reduce -1.5% |
| NVT Nvent Electric PLC | 0.34% | 6,144 | $463K | Add +25.3% |
| HOLX Hologic Inc. | 0.33% | 5,842 | $455K | Reduce -1.2% |
| ANIK Anika Therapeutics Inc. | 0.33% | 17,662 | $449K | Reduce -0.3% |
| SSD Simpson Manufacturing Co. Inc. | 0.33% | 2,171 | $445K | No change |
| IRDM Iridium Communications Inc. | 0.33% | 16,961 | $444K | Add +1.0% |
| TXN Texas Instruments Inc. | 0.32% | 2,491 | $434K | New |
| BLK BlackRock Finance Inc. | 0.32% | 519 | $433K | Add +22.1% |
| OMC Omnicom Group | 0.32% | 4,470 | $433K | Reduce -4.8% |
| OC Owens Corning | 0.31% | 2,566 | $428K | Reduce -1.3% |
| INTU Intuit Inc. | 0.31% | 654 | $425K | Reduce -9.3% |
| BECN Beacon Roofing Supply Inc. | 0.31% | 4,313 | $423K | No change |
| ACN Accenture PLC Class A | 0.31% | 1,212 | $420K | Add +1.9% |
| ESML iShares ESG Aware MSCI USA S | 0.31% | 10,407 | $419K | Add +0.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.31% | 1,612 | $419K | Reduce -12.9% |
| MS Morgan Stanley | 0.31% | 4,430 | $417K | Reduce -7.7% |
| NTRS Northern Trust Corp. | 0.31% | 4,690 | $417K | Reduce -3.5% |
Portfolio Sells Q4 2023 → Q1 2024
| LECO Lincoln Electric Holdings | Sold out | 0.00% | −0.96 |
| TALO Talos Energy Inc. | Sold out | 0.00% | −0.63 |
| KCCA Kraneshares California Carbo | Sold out | 0.00% | −0.50 |
| SJM The JM Smucker Co. | Reduce -32.0% | 0.61% | −0.36 |
| SAP Sap SE-Sponsored ADR | Sold out | 0.00% | −0.30 |
| LEU Centrus Energy Corp. Class A | Reduce -28.8% | 0.29% | −0.28 |
| IWN iShares Russell 2000 Value E | Sold out | 0.00% | −0.28 |
| AXP American Express Co. | Sold out | 0.00% | −0.25 |
| CSX CSX Corp. | Sold out | 0.00% | −0.23 |
| ASLE Aersale Corp. | Sold out | 0.00% | −0.23 |
| WBS Webster Financial Corp. | Sold out | 0.00% | −0.23 |
| BNY Bank of New York Mellon Corp. | Sold out | 0.00% | −0.22 |
| PERI Perion Network Ltd. | Sold out | 0.00% | −0.22 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.21 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.21 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.21 |
| DE Deere & Co. | Sold out | 0.00% | −0.20 |
| RRX Regal Rexnord Corp. | Sold out | 0.00% | −0.20 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.20 |
| GIS General Mills Inc. | Sold out | 0.00% | −0.20 |
| RGA Reinsurance Group of America | Sold out | 0.00% | −0.19 |
| TPR Tapestry Inc. | Sold out | 0.00% | −0.19 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.19 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.18 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.18 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.18 |
| FISV Fiserv Inc. | Reduce -32.9% | 0.53% | −0.17 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.17 |
| ADBE Adobe Inc. | Reduce -22.1% | 0.24% | −0.15 |
| AAPL Apple Inc. | Reduce -2.3% | 0.59% | −0.14 |
| SONY Sony Group Corp. - SP ADR | Reduce -3.6% | 0.43% | −0.10 |
| MU Micron Technology Inc. | Reduce -35.4% | 0.45% | −0.09 |
| PHM Pultegroup Inc. | Reduce -36.2% | 0.20% | −0.09 |
| PHG Koninklijke Philips NVR- NY | Reduce -4.6% | 0.23% | −0.07 |
| CRM Salesforce Inc. | Reduce -32.8% | 0.17% | −0.07 |
| IRMD Iradimed Corp. | Reduce -1.5% | 0.38% | −0.07 |
| SYY Sysco Corp. | Reduce -14.8% | 0.49% | −0.07 |
| FBIZ First Business Financial Ser | Reduce -1.5% | 0.39% | −0.06 |
| SKX Skechers USA Inc. Class A | Reduce -12.6% | 0.25% | −0.06 |
| SCHW Schwab (charles) Corp. | Reduce -3.5% | 1.00% | −0.06 |
| CCB Coastal Financial Corp. | Reduce -1.4% | 0.22% | −0.05 |
| BSX Boston Scientific Corp. | Reduce -32.5% | 0.15% | −0.05 |
| DLTR Dollar Tree Inc. | Reduce -3.4% | 0.28% | −0.05 |
| III Information Services Group | Reduce -1.5% | 0.19% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -30.7% | 0.18% | −0.05 |
| MS Morgan Stanley | Reduce -7.7% | 0.31% | −0.05 |
| INTU Intuit Inc. | Reduce -9.3% | 0.31% | −0.04 |
| BKNG Booking Holdings Inc. | Reduce -3.8% | 0.47% | −0.04 |
| MEC Mayville Engineering Co. Inc. | Reduce -1.5% | 0.41% | −0.04 |
| SPGI S&P Global Inc. | Reduce -3.6% | 0.26% | −0.04 |
Portfolio Buys Q4 2023 → Q1 2024
| LLY Eli Lilly & Co. | New | 0.57% | +0.57 |
| MOD Modine Manufacturing Co. | Add +0.7% | 1.65% | +0.55 |
| NEE Nextera Energy Inc. | New | 0.41% | +0.41 |
| CROX Crocs Inc. | Add +1.0% | 1.13% | +0.35 |
| LPX Louisiana-Pacific Corp. | New | 0.35% | +0.35 |
| TXN Texas Instruments Inc. | New | 0.32% | +0.32 |
| HDSN Hudson Technologies Inc. | Add +171.6% | 0.60% | +0.31 |
| ATKR Atkore Inc. | Add +6.8% | 1.98% | +0.31 |
| ORCL Oracle Corp. | New | 0.30% | +0.30 |
| DGX Quest Diagnostics Inc. | Add +53.3% | 1.00% | +0.28 |
| COST Costco Wholesale Corp. | New | 0.27% | +0.27 |
| J Jacobs Solutions Inc. | New | 0.27% | +0.27 |
| MSFT Microsoft Corp. | Add +18.4% | 1.41% | +0.27 |
| FLG New York Community Bancorp | New | 0.27% | +0.27 |
| DHR Danaher Corp. | Add +58.9% | 0.66% | +0.25 |
| PGR Progressive Corp. | Add +10.3% | 0.98% | +0.25 |
| ECL Ecolab Inc. | Add +76.6% | 0.50% | +0.24 |
| A Agilent Technologies Inc. | Add +146.7% | 0.38% | +0.22 |
| USB US Bancorp | New | 0.22% | +0.22 |
| LMNR Limoneira Co. | Add +26.4% | 2.01% | +0.21 |
| JPM JPMorgan Chase & Co. | New | 0.20% | +0.20 |
| NKE Nike Inc. Class B | New | 0.18% | +0.18 |
| AZZ Azz Inc. | Add +1.2% | 0.85% | +0.17 |
| UPS United Parcel Service Class B | New | 0.15% | +0.15 |
| AEM Agnico Eagle Mines Ltd. | New | 0.15% | +0.15 |
| MRSH Marsh & McLennan Cos | New | 0.15% | +0.15 |
| KRBN KS Global Carbon Stratgy ETF | Add +41.1% | 1.54% | +0.15 |
| AVGO Broadcom Inc. | New | 0.15% | +0.15 |
| LIN Linde PLC | Add +30.8% | 0.52% | +0.14 |
| KMX Carmax Inc. | Add +28.6% | 0.47% | +0.12 |
| GOOG Alphabet Inc. Class C | Add +30.4% | 0.51% | +0.12 |
| CNX CNX Resources Corp. | Add +1.0% | 1.15% | +0.12 |
| NVT Nvent Electric PLC | Add +25.3% | 0.34% | +0.11 |
| LHX L3HARRIS Technologies Inc. | Add +71.2% | 0.29% | +0.11 |
| TGLS Tecnoglass Holdings Inc. | Add +0.3% | 2.00% | +0.10 |
| VECO Veeco Instruments Inc. | Add +0.2% | 1.69% | +0.09 |
| FANG Diamondback Energy Inc. | Add +29.3% | 0.26% | +0.09 |
| TJX TJX Companies Inc. | Add +17.4% | 0.56% | +0.09 |
| ICFI Icf International Inc. | Add +1.0% | 1.56% | +0.08 |
| V Visa Inc. Class A | Add +12.0% | 0.70% | +0.07 |
| EVR Evercore Inc. Class A | Add +1.0% | 1.20% | +0.07 |
| UL Unilever PLC | Add +26.2% | 0.35% | +0.06 |
| CG The Carlyle Group Inc. | Add +1.1% | 0.75% | +0.06 |
| HD Home Depot Inc. | Add +26.4% | 0.23% | +0.05 |
| CRL Charles River Laboratories | Add +0.9% | 0.72% | +0.05 |
| BLK BlackRock Finance Inc. | Add +22.1% | 0.32% | +0.05 |
| CIEN Ciena Corp. | Add +0.9% | 0.96% | +0.03 |
| UNP Union Pacific Corp. | Add +16.9% | 0.36% | +0.03 |
| NPKI NPK International Inc. | Add +4.3% | 0.40% | +0.02 |
| CYBIN INC | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 209 | $336.8M | CLSE, IVV, AVSE, ADEA, CVLC |
| Q1 2026 | 213 | $300.0M | CLSE, AVSE, IVV, ADEA, LOPE |
| Q4 2025 | 212 | $258.4M | CLSE, AVSE, IVV, LOPE, AVSD |
| Q3 2025 | 217 | $240.9M | CLSE, AVSE, LOPE, EFV, VECO |
| Q2 2025 | 202 | $212.4M | CLSE, LOPE, IDCC, AVSE, EFV |
| Q1 2025 | 202 | $194.8M | CLSE, LOPE, IDCC, EFV, LMNR |
| Q4 2024 | 212 | $205.5M | CLSE, LMNR, IDCC, LOPE, TGLS |
| Q3 2024 | 206 | $201.4M | CLSE, LMNR, EFV, CNX, TGLS |
| Q2 2024 | 186 | $134.9M | CLSE, EFV, LMNR, VECO, TGLS |
| Q1 2024 | 187 | $136.0M | CLSE, EFV, LMNR, TGLS, ATKR |