Riverwater Partners LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 22, 2024), Riverwater Partners LLC reported 206 stock positions worth $201.4 million. Its top holding was Convergence Long/Short Eqy (CLSE) at 6.3% of the portfolio, followed by Limoneira (LMNR, 2.6%) and iShares MSCI Eafe Value ETF (EFV, 2.5%). Compared with Q2 2024, it opened 33 new positions, sold out of 13, added to 51 and reduced 99. The biggest buy was a new position in Cabot (CBT) and the biggest sale Convergence Long/Short Eqy (CLSE, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- Milwaukee, WI
- CIK
- 0001882572
- Portfolio Value
- $201.4M (Q3 2024)
- SEC Filing
- 0001941040-24-000443 ↗ filed Oct 22, 2024
Holdings Value
Holdings 206 stocks · $201.4M
| CLSE Convergence Long/Short Eqy | 6.30% | 569,544 | $12.7M | Reduce -12.7% |
| LMNR Limoneira Co. | 2.60% | 200,423 | $5.2M | Add +47.3% |
| EFV iShares MSCI Eafe Value ETF | 2.50% | 88,285 | $5.0M | No change |
| CNX CNX Resources Corp. | 2.40% | 146,363 | $4.8M | Add +124.2% |
| TGLS Tecnoglass Holdings Inc. | 2.16% | 62,664 | $4.4M | Add +20.7% |
| LOPE Grand Canyon Education Inc. | 2.07% | 29,636 | $4.2M | Add +134.3% |
| IDCC Interdigital Inc. | 2.06% | 28,641 | $4.1M | Add +112.0% |
| ICFI Icf International Inc. | 1.94% | 23,732 | $3.9M | Add +70.1% |
| MOD Modine Manufacturing Co. | 1.81% | 27,658 | $3.6M | Add +17.7% |
| HAE Haemonetics Corp. | 1.77% | 44,841 | $3.6M | Add +185.0% |
| LMAT Lemaitre Vascular Inc. | 1.43% | 31,701 | $2.9M | Add +334.3% |
| CROX Crocs Inc. | 1.38% | 19,797 | $2.8M | Add +86.3% |
| IRDM Iridium Communications Inc. | 1.32% | 85,146 | $2.7M | Add +406.3% |
| CBT Cabot Corp. | 1.29% | 23,415 | $2.6M | New |
| ANIK Anika Therapeutics Inc. | 1.27% | 101,996 | $2.6M | Add +539.1% |
| PLXS Plexus Corp. | 1.26% | 18,850 | $2.5M | Add +132.2% |
| SNEX Stonex Group Inc. | 1.16% | 28,798 | $2.3M | New |
| UEC Uranium Energy Corp. | 1.16% | 344,289 | $2.3M | New |
| IWM iShares Russell 2000 ETF | 1.13% | 10,469 | $2.3M | Add +281.0% |
| VECO Veeco Instruments Inc. | 1.09% | 67,809 | $2.2M | Add +17.3% |
| AGM Federal Agric MTG Corp. Class C | 1.04% | 11,530 | $2.1M | Add +1.1% |
| KRBN KS Global Carbon Stratgy ETF | 1.04% | 67,752 | $2.1M | Add +0.1% |
| CCB Coastal Financial Corp. | 1.00% | 38,670 | $2.0M | Add +367.9% |
| GOLD Gold.com Inc. filed as A-MARK PRECIOUS METALS INC | 0.99% | 44,774 | $2.0M | Add +385.1% |
| GOOGL Alphabet Inc. Class A | 0.97% | 11,791 | $2.0M | Reduce -14.7% |
| ATMU Atmus Filtration Technologie | 0.94% | 50,700 | $1.9M | New |
| UTL Unitil Corp. | 0.94% | 31,577 | $1.9M | Add +276.9% |
| WAL Western Alliance Bancorp | 0.92% | 22,329 | $1.9M | Reduce -23.5% |
| CPK Chesapeake Utilities Corp. | 0.91% | 14,946 | $1.8M | New |
| TNC Tennant Co. | 0.89% | 19,171 | $1.8M | New |
| BKH Black Hills Corp. | 0.88% | 29,168 | $1.8M | New |
| MMSI Merit Medical Systems Inc. | 0.87% | 18,048 | $1.7M | New |
| MSFT Microsoft Corp. | 0.86% | 4,156 | $1.7M | Reduce -5.3% |
| PLMR Palomar Holdings Inc. | 0.85% | 18,032 | $1.7M | New |
| THG Hanover Insurance Group Inc./ | 0.81% | 11,130 | $1.6M | New |
| DGX Quest Diagnostics Inc. | 0.78% | 10,206 | $1.6M | Add +0.3% |
| PGR Progressive Corp. | 0.77% | 6,058 | $1.5M | Reduce -10.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.76% | 3,360 | $1.5M | Reduce -1.9% |
| SCHW Schwab (charles) Corp. | 0.74% | 23,380 | $1.5M | Add +27.4% |
| UNH Unitedhealth Group Inc. | 0.70% | 2,380 | $1.4M | Reduce -1.9% |
| SKWD Skyward Specialty Insurance | 0.70% | 34,151 | $1.4M | New |
| ONTO Onto Innovation Inc. | 0.68% | 6,522 | $1.4M | New |
| JLL Jones Lang Lasalle Inc. | 0.68% | 5,098 | $1.4M | Add +3.1% |
| MDU Mdu Resources Group Inc. | 0.67% | 49,563 | $1.3M | New |
| AMKR Amkor Technology Inc. | 0.63% | 42,946 | $1.3M | Add +39.1% |
| VSTS Vestis Corp. | 0.62% | 84,603 | $1.3M | New |
| PNW Pinnacle West Capital | 0.62% | 13,926 | $1.3M | Add +2.5% |
| AZZ Azz Inc. | 0.61% | 15,155 | $1.2M | Add +2.8% |
| CIEN Ciena Corp. | 0.58% | 17,850 | $1.2M | Reduce -31.6% |
| PJT PJT Partners Inc. Class A | 0.58% | 8,800 | $1.2M | New |
| STE Steris PLC | 0.56% | 4,847 | $1.1M | Add +21.7% |
| ATKR Atkore Inc. | 0.56% | 13,456 | $1.1M | Reduce -6.0% |
| EVR Evercore Inc. Class A | 0.55% | 4,447 | $1.1M | Reduce -47.0% |
| V Visa Inc. Class A | 0.55% | 3,977 | $1.1M | Add +15.7% |
| CSL Carlisle Cos Inc. | 0.54% | 2,462 | $1.1M | Reduce -2.2% |
| BRC INC-A | 0.54% | 330,492 | $1.1M | New |
| CRL Charles River Laboratories | 0.54% | 5,643 | $1.1M | Add +2.3% |
| LPX Louisiana-Pacific Corp. | 0.54% | 10,025 | $1.1M | Add +2.6% |
| DHR Danaher Corp. | 0.53% | 3,908 | $1.1M | Reduce -0.2% |
| TMO Thermo Fisher Scientific Inc. | 0.52% | 1,721 | $1.1M | Reduce -1.5% |
| CPRI Capri Holdings Ltd. | 0.51% | 24,431 | $1.0M | New |
| MGNI Magnite Inc. | 0.50% | 84,079 | $1.0M | New |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 0.47% | 11,399 | $957K | Reduce -12.0% |
| CG The Carlyle Group Inc. | 0.47% | 22,131 | $957K | Add +2.4% |
| ARMK Aramark | 0.47% | 24,856 | $950K | Add +65.2% |
| LLY Eli Lilly & Co. | 0.47% | 1,062 | $946K | Reduce -2.5% |
| AAPL Apple Inc. | 0.45% | 3,985 | $904K | Reduce -8.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.43% | 7,416 | $864K | Reduce -0.9% |
| CFR Cullen/Frost Bankers Inc. | 0.43% | 7,949 | $862K | Add +2.7% |
| ICE Intercontinental Exchange Inc. | 0.41% | 5,072 | $816K | Reduce -1.1% |
| FISV Fiserv Inc. | 0.39% | 4,328 | $790K | Reduce -1.6% |
| AAAU Goldman Sachs Physical Gold | 0.39% | 29,703 | $781K | No change |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.38% | 6,469 | $771K | Reduce -0.3% |
| FERG Ferguson Enterprises Inc. | 0.38% | 3,862 | $757K | Reduce -2.8% |
| GLW Corning Inc. | 0.38% | 16,823 | $756K | Reduce -1.6% |
| LIN Linde PLC | 0.37% | 1,583 | $753K | No change |
| COST Costco Wholesale Corp. | 0.37% | 850 | $747K | Reduce -1.7% |
| NEE Nextera Energy Inc. | 0.37% | 8,733 | $746K | Reduce -0.3% |
| DOX Amdocs Ltd. | 0.37% | 8,458 | $745K | Add +2.9% |
| AVY Avery Dennison Corp. | 0.37% | 3,432 | $743K | Add +13.5% |
| ECL Ecolab Inc. | 0.36% | 2,895 | $735K | Reduce -0.9% |
| BKNG Booking Holdings Inc. | 0.35% | 172 | $710K | Reduce -2.8% |
| MAS Masco Corp. | 0.35% | 8,447 | $703K | Reduce -3.2% |
| CARR Carrier Global Corp. | 0.33% | 8,229 | $663K | Reduce -3.3% |
| CEG Constellation Energy | 0.32% | 2,457 | $652K | Reduce -5.4% |
| NNN NNN REIT Inc. | 0.32% | 13,347 | $646K | Add +4.8% |
| AMZN Amazon.com Inc. | 0.32% | 3,483 | $644K | Add +15.1% |
| GOOG Alphabet Inc. Class C | 0.32% | 3,823 | $640K | Reduce -2.7% |
| ESGU iShares ESG Aware MSCI USA | 0.31% | 5,053 | $631K | Reduce -0.9% |
| A Agilent Technologies Inc. | 0.31% | 4,308 | $631K | No change |
| ORCL Oracle Corp. | 0.31% | 3,676 | $617K | Reduce -0.5% |
| PNC PNC Financial Services Group | 0.30% | 3,425 | $614K | Reduce -2.1% |
| TLH iShares 10-20 Year Treasury | 0.30% | 5,570 | $607K | No change |
| ACN Accenture PLC Class A | 0.30% | 1,700 | $606K | Add +42.3% |
| MA Mastercard Inc. Class A | 0.30% | 1,208 | $599K | Reduce -1.4% |
| NVDA Nvidia Corp. | 0.30% | 5,028 | $598K | Reduce -15.7% |
| UL Unilever PLC | 0.29% | 9,251 | $593K | Reduce -3.9% |
| LNTH Lantheus Holdings Inc. | 0.29% | 5,511 | $580K | New |
| PCAR Paccar Inc. | 0.29% | 5,890 | $577K | Reduce -2.8% |
| PWP Perella Weinberg Partners | 0.27% | 28,279 | $552K | Reduce -4.6% |
Portfolio Sells Q2 2024 → Q3 2024
| CLSE Convergence Long/Short Eqy | Reduce -12.7% | 6.30% | −4.06 |
| GOOGL Alphabet Inc. Class A | Reduce -14.7% | 0.97% | −0.90 |
| ATKR Atkore Inc. | Reduce -6.0% | 0.56% | −0.87 |
| EVR Evercore Inc. Class A | Reduce -47.0% | 0.55% | −0.75 |
| MSFT Microsoft Corp. | Reduce -5.3% | 0.86% | −0.59 |
| DG Dollar General Corp. | Sold out | 0.00% | −0.47 |
| WAL Western Alliance Bancorp | Reduce -23.5% | 0.92% | −0.44 |
| BJ Bj's Wholesale Club Holdings | Reduce -12.0% | 0.47% | −0.37 |
| CIEN Ciena Corp. | Reduce -31.6% | 0.58% | −0.35 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −0.30 |
| PGR Progressive Corp. | Reduce -10.6% | 0.77% | −0.28 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.9% | 0.76% | −0.27 |
| LLY Eli Lilly & Co. | Reduce -2.5% | 0.47% | −0.26 |
| NVDA Nvidia Corp. | Reduce -15.7% | 0.30% | −0.25 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.25 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.24 |
| AAPL Apple Inc. | Reduce -8.4% | 0.45% | −0.23 |
| NPKI NPK International Inc. | Reduce -2.8% | 0.27% | −0.22 |
| GOOG Alphabet Inc. Class C | Reduce -2.7% | 0.32% | −0.22 |
| UNH Unitedhealth Group Inc. | Reduce -1.9% | 0.70% | −0.22 |
| CSL Carlisle Cos Inc. | Reduce -2.2% | 0.54% | −0.21 |
| MEC Mayville Engineering Co. Inc. | Reduce -34.3% | 0.24% | −0.20 |
| FERG Ferguson Enterprises Inc. | Reduce -2.8% | 0.38% | −0.19 |
| DHR Danaher Corp. | Reduce -0.2% | 0.53% | −0.19 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.5% | 0.52% | −0.19 |
| MU Micron Technology Inc. | Reduce -2.5% | 0.18% | −0.18 |
| TJX TJX Companies Inc. | Reduce -0.9% | 0.43% | −0.18 |
| PCAR Paccar Inc. | Reduce -2.8% | 0.29% | −0.18 |
| COST Costco Wholesale Corp. | Reduce -1.7% | 0.37% | −0.17 |
| ZBH Zimmer Biomet Holdings Inc. | Sold out | 0.00% | −0.17 |
| DLTR Dollar Tree Inc. | Reduce -2.0% | 0.13% | −0.17 |
| ACGL Arch Capital Group Ltd. | Reduce -45.8% | 0.12% | −0.17 |
| BKNG Booking Holdings Inc. | Reduce -2.8% | 0.35% | −0.17 |
| PCRX Pacira Biosciences Inc. | Sold out | 0.00% | −0.16 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.16 |
| OMF Onemain Holdings Inc. | Sold out | 0.00% | −0.16 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.16 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.15 |
| PSX Phillips 66 | Reduce -1.7% | 0.26% | −0.15 |
| ECL Ecolab Inc. | Reduce -0.9% | 0.36% | −0.15 |
| TTGT Techtarget Holdings Inc. | Reduce -13.8% | 0.12% | −0.14 |
| SJM The JM Smucker Co. | Reduce -0.3% | 0.38% | −0.14 |
| ESGU iShares ESG Aware MSCI USA | Reduce -0.9% | 0.31% | −0.14 |
| INTU Intuit Inc. | Reduce -2.3% | 0.21% | −0.14 |
| KMX Carmax Inc. | Reduce -3.6% | 0.27% | −0.13 |
| NTRS Northern Trust Corp. | Reduce -38.0% | 0.10% | −0.13 |
| TXN Texas Instruments Inc. | Reduce -13.7% | 0.19% | −0.13 |
| NVT Nvent Electric PLC | Reduce -0.3% | 0.18% | −0.12 |
| MCS Marcus Corporation | Sold out | 0.00% | −0.12 |
| GLW Corning Inc. | Reduce -1.6% | 0.38% | −0.12 |
Portfolio Buys Q2 2024 → Q3 2024
| CBT Cabot Corp. | New | 1.29% | +1.29 |
| CNX CNX Resources Corp. | Add +124.2% | 2.40% | +1.23 |
| SNEX Stonex Group Inc. | New | 1.16% | +1.16 |
| UEC Uranium Energy Corp. | New | 1.16% | +1.16 |
| IRDM Iridium Communications Inc. | Add +406.3% | 1.32% | +0.99 |
| LMAT Lemaitre Vascular Inc. | Add +334.3% | 1.43% | +0.99 |
| ANIK Anika Therapeutics Inc. | Add +539.1% | 1.27% | +0.97 |
| ATMU Atmus Filtration Technologie | New | 0.94% | +0.94 |
| CPK Chesapeake Utilities Corp. | New | 0.91% | +0.91 |
| IDCC Interdigital Inc. | Add +112.0% | 2.06% | +0.89 |
| TNC Tennant Co. | New | 0.89% | +0.89 |
| BKH Black Hills Corp. | New | 0.88% | +0.88 |
| MMSI Merit Medical Systems Inc. | New | 0.87% | +0.87 |
| PLMR Palomar Holdings Inc. | New | 0.85% | +0.85 |
| THG Hanover Insurance Group Inc./ | New | 0.81% | +0.81 |
| HAE Haemonetics Corp. | Add +185.0% | 1.77% | +0.80 |
| GOLD Gold.com Inc. | Add +385.1% | 0.99% | +0.77 |
| LOPE Grand Canyon Education Inc. | Add +134.3% | 2.07% | +0.76 |
| IWM iShares Russell 2000 ETF | Add +281.0% | 1.13% | +0.72 |
| CCB Coastal Financial Corp. | Add +367.9% | 1.00% | +0.72 |
| SKWD Skyward Specialty Insurance | New | 0.70% | +0.70 |
| ONTO Onto Innovation Inc. | New | 0.68% | +0.68 |
| MDU Mdu Resources Group Inc. | New | 0.67% | +0.67 |
| PLXS Plexus Corp. | Add +132.2% | 1.26% | +0.64 |
| VSTS Vestis Corp. | New | 0.62% | +0.62 |
| UTL Unitil Corp. | Add +276.9% | 0.94% | +0.61 |
| PJT PJT Partners Inc. Class A | New | 0.58% | +0.58 |
| BRC INC-A | New | 0.54% | +0.54 |
| CPRI Capri Holdings Ltd. | New | 0.51% | +0.51 |
| LMNR Limoneira Co. | Add +47.3% | 2.60% | +0.51 |
| MGNI Magnite Inc. | New | 0.50% | +0.50 |
| ICFI Icf International Inc. | Add +70.1% | 1.94% | +0.40 |
| TGLS Tecnoglass Holdings Inc. | Add +20.7% | 2.16% | +0.29 |
| LNTH Lantheus Holdings Inc. | New | 0.29% | +0.29 |
| CROX Crocs Inc. | Add +86.3% | 1.38% | +0.23 |
| NCMI National Cinemedia Inc. | New | 0.23% | +0.23 |
| CCI Crown Castle Inc. | New | 0.20% | +0.20 |
| CCJ Cameco Corp. | New | 0.17% | +0.17 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.15% | +0.15 |
| QNST Quinstreet Inc. | New | 0.14% | +0.14 |
| KEYS Keysight Technologies Inc. | New | 0.13% | +0.13 |
| HWM Howmet Aerospace Inc. | New | 0.13% | +0.13 |
| MAMA Mama's Creations Inc. | New | 0.12% | +0.12 |
| AEHR Aehr Test Systems | New | 0.11% | +0.11 |
| JCI Johnson Controls Internation | New | 0.11% | +0.11 |
| THRY Thryv Holdings Inc. | New | 0.10% | +0.10 |
| TKR Timken Co. | New | 0.10% | +0.10 |
| DCBO Docebo Inc. | New | 0.10% | +0.10 |
| ARMK Aramark | Add +65.2% | 0.47% | +0.09 |
| DCTH Delcath Systems Inc. | New | 0.08% | +0.08 |
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 |