Riverwater Partners LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Riverwater Partners LLC reported 212 stock positions worth $205.5 million. Its top holding was Convergence Long/Short Eqy (CLSE) at 6.3% of the portfolio, followed by Limoneira (LMNR, 3.0%) and Interdigital (IDCC, 2.7%). Compared with Q3 2024, it opened 29 new positions, sold out of 23, added to 98 and reduced 64. The biggest buy was a new position in Exelixis (EXEL) and the biggest sale an exit from Anika Therapeutics (ANIK).
- Most Recent 13F
- Q2 2026
- Location
- Milwaukee, WI
- CIK
- 0001882572
- Portfolio Value
- $205.5M (Q4 2024)
- SEC Filing
- 0001941040-25-000144 ↗ filed Feb 13, 2025
Holdings Value
Holdings 212 stocks · $205.5M
| CLSE Convergence Long/Short Eqy | 6.31% | 565,872 | $13.0M | Reduce -0.6% |
| LMNR Limoneira Co. | 3.05% | 256,159 | $6.3M | Add +27.8% |
| IDCC Interdigital Inc. | 2.73% | 28,998 | $5.6M | Add +1.3% |
| LOPE Grand Canyon Education Inc. | 2.39% | 29,966 | $4.9M | Add +1.1% |
| TGLS Tecnoglass Holdings Inc. | 2.38% | 61,570 | $4.9M | Reduce -1.8% |
| EFV iShares MSCI Eafe Value ETF | 2.26% | 88,567 | $4.6M | Add +0.3% |
| CNX CNX Resources Corp. | 2.25% | 125,897 | $4.6M | Reduce -14.0% |
| HAE Haemonetics Corp. | 1.91% | 50,379 | $3.9M | Add +12.3% |
| CCB Coastal Financial Corp. | 1.52% | 36,689 | $3.1M | Reduce -5.1% |
| IRDM Iridium Communications Inc. | 1.43% | 101,496 | $2.9M | Add +19.2% |
| PLXS Plexus Corp. | 1.40% | 18,394 | $2.9M | Reduce -2.4% |
| LMAT Lemaitre Vascular Inc. | 1.38% | 30,776 | $2.8M | Reduce -2.9% |
| SNEX Stonex Group Inc. | 1.37% | 28,831 | $2.8M | Add +0.1% |
| CPK Chesapeake Utilities Corp. | 1.20% | 20,325 | $2.5M | Add +36.0% |
| VECO Veeco Instruments Inc. | 1.20% | 91,722 | $2.5M | Add +35.3% |
| KRBN KS Global Carbon Stratgy ETF | 1.19% | 83,541 | $2.4M | Add +23.3% |
| BKH Black Hills Corp. | 1.18% | 41,581 | $2.4M | Add +42.6% |
| TNC Tennant Co. | 1.16% | 29,149 | $2.4M | Add +52.0% |
| AGM Federal Agric MTG Corp. Class C | 1.13% | 11,760 | $2.3M | Add +2.0% |
| UEC Uranium Energy Corp. | 1.12% | 344,692 | $2.3M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 1.08% | 11,738 | $2.2M | Reduce -0.5% |
| CROX Crocs Inc. | 1.06% | 19,974 | $2.2M | Add +0.9% |
| CBT Cabot Corp. | 1.04% | 23,442 | $2.1M | Add +0.1% |
| ATMU Atmus Filtration Technologie | 0.97% | 50,759 | $2.0M | Add +0.1% |
| MOD Modine Manufacturing Co. | 0.95% | 16,903 | $2.0M | Reduce -38.9% |
| WAL Western Alliance Bancorp | 0.93% | 22,904 | $1.9M | Add +2.6% |
| EXEL Exelixis Inc. | 0.93% | 57,444 | $1.9M | New |
| PLMR Palomar Holdings Inc. | 0.93% | 18,052 | $1.9M | Add +0.1% |
| VSTS Vestis Corp. | 0.93% | 124,819 | $1.9M | Add +47.5% |
| MSFT Microsoft Corp. | 0.88% | 4,309 | $1.8M | Add +3.7% |
| NCMI National Cinemedia Inc. | 0.87% | 270,307 | $1.8M | Add +296.7% |
| SKWD Skyward Specialty Insurance | 0.86% | 35,013 | $1.8M | Add +2.5% |
| MMSI Merit Medical Systems Inc. | 0.85% | 18,068 | $1.7M | Add +0.1% |
| CFR Cullen/Frost Bankers Inc. | 0.84% | 12,906 | $1.7M | Add +62.4% |
| SCHW Schwab (charles) Corp. | 0.79% | 22,039 | $1.6M | Reduce -5.7% |
| ITGR Integer Holdings Corp. | 0.77% | 11,982 | $1.6M | New |
| DGX Quest Diagnostics Inc. | 0.76% | 10,358 | $1.6M | Add +1.5% |
| GOLD Gold.com Inc. filed as A-MARK PRECIOUS METALS INC | 0.74% | 55,782 | $1.5M | Add +24.6% |
| PCRB Putnam ESG Core Bond ETF | 0.74% | 31,581 | $1.5M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.73% | 3,311 | $1.5M | Reduce -1.5% |
| CIEN Ciena Corp. | 0.73% | 17,604 | $1.5M | Reduce -1.4% |
| DOX Amdocs Ltd. | 0.70% | 16,937 | $1.4M | Add +100.3% |
| ICFI Icf International Inc. | 0.68% | 11,789 | $1.4M | Reduce -50.3% |
| PJT PJT Partners Inc. Class A | 0.68% | 8,810 | $1.4M | Add +0.1% |
| MGNI Magnite Inc. | 0.65% | 84,169 | $1.3M | Add +0.1% |
| JLL Jones Lang Lasalle Inc. | 0.65% | 5,246 | $1.3M | Add +2.9% |
| AVSE Avantis Resp Emerg MKTS Eq-E | 0.63% | 25,836 | $1.3M | New |
| UNH Unitedhealth Group Inc. | 0.62% | 2,531 | $1.3M | Add +6.3% |
| AZZ Azz Inc. | 0.62% | 15,595 | $1.3M | Add +2.9% |
| PGR Progressive Corp. | 0.60% | 5,183 | $1.2M | Reduce -14.4% |
| PNW Pinnacle West Capital | 0.59% | 14,259 | $1.2M | Add +2.4% |
| V Visa Inc. Class A | 0.59% | 3,811 | $1.2M | Reduce -4.2% |
| COOP Mr Cooper Group Inc. | 0.57% | 12,296 | $1.2M | New |
| CG The Carlyle Group Inc. | 0.56% | 22,706 | $1.1M | Add +2.6% |
| AMKR Amkor Technology Inc. | 0.55% | 44,088 | $1.1M | Add +2.7% |
| ONTO Onto Innovation Inc. | 0.53% | 6,531 | $1.1M | Add +0.1% |
| LPX Louisiana-Pacific Corp. | 0.52% | 10,293 | $1.1M | Add +2.7% |
| EMSF Matthews Em Sustainable | 0.52% | 43,726 | $1.1M | New |
| BRC INC-A | 0.51% | 330,889 | $1.0M | Add +0.1% |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 0.50% | 11,577 | $1.0M | Add +1.6% |
| ARMK Aramark | 0.49% | 27,249 | $1.0M | Add +9.6% |
| LNTH Lantheus Holdings Inc. | 0.49% | 11,182 | $1.0M | Add +102.9% |
| STE Steris PLC | 0.48% | 4,801 | $987K | Reduce -0.9% |
| TMO Thermo Fisher Scientific Inc. | 0.46% | 1,812 | $943K | Add +5.3% |
| MDU Mdu Resources Group Inc. | 0.44% | 50,714 | $914K | Add +2.3% |
| CVLC Calvert US L-C CR Resp Index | 0.44% | 12,311 | $903K | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.44% | 7,425 | $897K | Add +0.1% |
| BKNG Booking Holdings Inc. | 0.42% | 172 | $855K | No change |
| DAR Darling Ingredients Inc. | 0.41% | 25,047 | $844K | New |
| LLY Eli Lilly & Co. | 0.40% | 1,068 | $824K | Add +0.6% |
| COST Costco Wholesale Corp. | 0.38% | 853 | $782K | Add +0.3% |
| AMZN Amazon.com Inc. | 0.38% | 3,548 | $778K | Add +1.9% |
| AAAU Goldman Sachs Physical Gold | 0.36% | 28,828 | $748K | Reduce -3.0% |
| ICE Intercontinental Exchange Inc. | 0.36% | 4,982 | $742K | Reduce -1.8% |
| GOOG Alphabet Inc. Class C | 0.36% | 3,857 | $735K | Add +0.9% |
| DHR Danaher Corp. | 0.34% | 3,028 | $695K | Reduce -22.5% |
| NVDA Nvidia Corp. | 0.34% | 5,145 | $691K | Add +2.3% |
| AAPL Apple Inc. | 0.33% | 2,731 | $684K | Reduce -31.5% |
| ECL Ecolab Inc. | 0.33% | 2,898 | $679K | Add +0.1% |
| FERG Ferguson Enterprises Inc. | 0.33% | 3,862 | $670K | No change |
| LIN Linde PLC | 0.32% | 1,586 | $664K | Add +0.2% |
| OWNS CCM Affordable Hous MBS ETF | 0.32% | 38,624 | $652K | New |
| FISV Fiserv Inc. | 0.32% | 3,163 | $650K | Reduce -26.9% |
| AVSD Avantis Reps Intern Equi ETF | 0.31% | 11,573 | $644K | New |
| AVY Avery Dennison Corp. | 0.31% | 3,432 | $642K | No change |
| PNC PNC Financial Services Group | 0.31% | 3,316 | $639K | Reduce -3.2% |
| ESGU iShares ESG Aware MSCI USA | 0.31% | 4,923 | $634K | Reduce -2.6% |
| NEE Nextera Energy Inc. | 0.31% | 8,749 | $627K | Add +0.2% |
| MA Mastercard Inc. Class A | 0.30% | 1,167 | $615K | Reduce -3.4% |
| ORCL Oracle Corp. | 0.30% | 3,684 | $614K | Add +0.2% |
| MAS Masco Corp. | 0.30% | 8,451 | $613K | Add +0.1% |
| IWM iShares Russell 2000 ETF | 0.30% | 2,766 | $611K | Reduce -73.6% |
| ACN Accenture PLC Class A | 0.29% | 1,705 | $600K | Add +0.3% |
| PCAR Paccar Inc. | 0.29% | 5,658 | $589K | Reduce -3.9% |
| KMX Carmax Inc. | 0.28% | 7,097 | $580K | Add +0.1% |
| NNN NNN REIT Inc. | 0.28% | 14,058 | $574K | Add +5.3% |
| SONY Sony Group Corp. - SP ADR | 0.27% | 26,600 | $563K | No change |
| CARR Carrier Global Corp. | 0.27% | 8,236 | $562K | Add +0.1% |
| UL Unilever PLC | 0.26% | 9,251 | $525K | No change |
| BLK BlackRock Inc. | 0.25% | 504 | $517K | New |
Portfolio Sells Q3 2024 → Q4 2024
| ANIK Anika Therapeutics Inc. | Sold out | 0.00% | −1.27 |
| ICFI Icf International Inc. | Reduce -50.3% | 0.68% | −1.25 |
| MOD Modine Manufacturing Co. | Reduce -38.9% | 0.95% | −0.86 |
| IWM iShares Russell 2000 ETF | Reduce -73.6% | 0.30% | −0.83 |
| THG Hanover Insurance Group Inc./ | Sold out | 0.00% | −0.81 |
| UTL Unitil Corp. | Reduce -81.6% | 0.15% | −0.78 |
| ATKR Atkore Inc. | Sold out | 0.00% | −0.56 |
| EVR Evercore Inc. Class A | Sold out | 0.00% | −0.55 |
| CRL Charles River Laboratories | Sold out | 0.00% | −0.54 |
| CPRI Capri Holdings Ltd. | Sold out | 0.00% | −0.51 |
| CSL Carlisle Cos Inc. | Reduce -47.9% | 0.23% | −0.31 |
| TLH iShares 10-20 Year Treasury | Sold out | 0.00% | −0.30 |
| LEU Centrus Energy Corp. Class A | Sold out | 0.00% | −0.26 |
| OMC Omnicom Group | Sold out | 0.00% | −0.22 |
| CEG Constellation Energy | Reduce -57.5% | 0.11% | −0.21 |
| SJM The JM Smucker Co. | Reduce -45.4% | 0.19% | −0.19 |
| DHR Danaher Corp. | Reduce -22.5% | 0.34% | −0.19 |
| GLW Corning Inc. | Reduce -49.4% | 0.20% | −0.18 |
| PGR Progressive Corp. | Reduce -14.4% | 0.60% | −0.16 |
| CNX CNX Resources Corp. | Reduce -14.0% | 2.25% | −0.16 |
| TCMD Tactile Systems Technology I | Sold out | 0.00% | −0.15 |
| A Agilent Technologies Inc. | Reduce -43.3% | 0.16% | −0.15 |
| HBIO Harvard Bioscience Inc. | Sold out | 0.00% | −0.13 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.13 |
| IPG Interpublic Group of Cos Inc. | Sold out | 0.00% | −0.13 |
| AIT Applied Industrial Tech Inc. | Sold out | 0.00% | −0.12 |
| ACGL Arch Capital Group Ltd. | Sold out | 0.00% | −0.12 |
| AAPL Apple Inc. | Reduce -31.5% | 0.33% | −0.12 |
| TTGT Techtarget Holdings Inc. | Sold out | 0.00% | −0.12 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.11 |
| CAL Caleres Inc. | Sold out | 0.00% | −0.11 |
| THRY Thryv Holdings Inc. | Sold out | 0.00% | −0.10 |
| NTRS Northern Trust Corp. | Sold out | 0.00% | −0.10 |
| TKR Timken Co. | Sold out | 0.00% | −0.10 |
| DCBO Docebo Inc. | Sold out | 0.00% | −0.10 |
| STE Steris PLC | Reduce -0.9% | 0.48% | −0.08 |
| PWP Perella Weinberg Partners | Reduce -40.0% | 0.20% | −0.08 |
| FISV Fiserv Inc. | Reduce -26.9% | 0.32% | −0.08 |
| MEC Mayville Engineering Co. Inc. | Reduce -7.5% | 0.17% | −0.07 |
| HDSN Hudson Technologies Inc. | Sold out | 0.00% | −0.07 |
| FBIZ First Business Financial Ser | Reduce -25.8% | 0.20% | −0.06 |
| FSLR First Solar Inc. | Reduce -3.0% | 0.13% | −0.05 |
| LMAT Lemaitre Vascular Inc. | Reduce -2.9% | 1.38% | −0.05 |
| FANG Diamondback Energy Inc. | Reduce -22.5% | 0.11% | −0.05 |
| PSX Phillips 66 | Reduce -3.2% | 0.21% | −0.05 |
| CCI Crown Castle Inc. | Reduce -2.5% | 0.15% | −0.05 |
| ALRS Alerus Financial Corp. | Reduce -27.0% | 0.11% | −0.05 |
| IRMD Iradimed Corp. | Reduce -25.2% | 0.20% | −0.05 |
| ICE Intercontinental Exchange Inc. | Reduce -1.8% | 0.36% | −0.04 |
| BWB Bridgewater Bancshares Inc. | Reduce -25.2% | 0.12% | −0.04 |
Portfolio Buys Q3 2024 → Q4 2024
| EXEL Exelixis Inc. | New | 0.93% | +0.93 |
| ITGR Integer Holdings Corp. | New | 0.77% | +0.77 |
| PCRB Putnam ESG Core Bond ETF | New | 0.74% | +0.74 |
| IDCC Interdigital Inc. | Add +1.3% | 2.73% | +0.67 |
| NCMI National Cinemedia Inc. | Add +296.7% | 0.87% | +0.64 |
| AVSE Avantis Resp Emerg MKTS Eq-E | New | 0.63% | +0.63 |
| COOP Mr Cooper Group Inc. | New | 0.57% | +0.57 |
| EMSF Matthews Em Sustainable | New | 0.52% | +0.52 |
| LMNR Limoneira Co. | Add +27.8% | 3.05% | +0.45 |
| CVLC Calvert US L-C CR Resp Index | New | 0.44% | +0.44 |
| CFR Cullen/Frost Bankers Inc. | Add +62.4% | 0.84% | +0.42 |
| DAR Darling Ingredients Inc. | New | 0.41% | +0.41 |
| DOX Amdocs Ltd. | Add +100.3% | 0.70% | +0.33 |
| OWNS CCM Affordable Hous MBS ETF | New | 0.32% | +0.32 |
| LOPE Grand Canyon Education Inc. | Add +1.1% | 2.39% | +0.32 |
| AVSD Avantis Reps Intern Equi ETF | New | 0.31% | +0.31 |
| BKH Black Hills Corp. | Add +42.6% | 1.18% | +0.31 |
| VSTS Vestis Corp. | Add +47.5% | 0.93% | +0.30 |
| CPK Chesapeake Utilities Corp. | Add +36.0% | 1.20% | +0.29 |
| TNC Tennant Co. | Add +52.0% | 1.16% | +0.27 |
| BLK BlackRock Inc. | New | 0.25% | +0.25 |
| CSX CSX Corp. | New | 0.23% | +0.23 |
| EL Estee Lauder Companies Class A | New | 0.22% | +0.22 |
| SNEX Stonex Group Inc. | Add +0.1% | 1.37% | +0.21 |
| LNTH Lantheus Holdings Inc. | Add +102.9% | 0.49% | +0.20 |
| NKE Nike Inc. Class B | New | 0.17% | +0.17 |
| SKWD Skyward Specialty Insurance | Add +2.5% | 0.86% | +0.16 |
| APO Apollo Global Management Inc. | New | 0.16% | +0.16 |
| MGNI Magnite Inc. | Add +0.1% | 0.65% | +0.16 |
| KRBN KS Global Carbon Stratgy ETF | Add +23.3% | 1.19% | +0.15 |
| MCHP Microchip Technology Inc. | New | 0.15% | +0.15 |
| HAE Haemonetics Corp. | Add +12.3% | 1.91% | +0.15 |
| ALLE Allegion PLC | New | 0.15% | +0.15 |
| NSLR Neostellar Capital Corp. | New | 0.14% | +0.14 |
| FCFS Firstcash Holdings Inc. | New | 0.14% | +0.14 |
| ALCO Alico Inc. | New | 0.13% | +0.13 |
| PRDO Perdoceo Education Corp. | New | 0.13% | +0.13 |
| FSBC Five Star Bancorp | New | 0.12% | +0.12 |
| UYLD Angel Oak Ultrashort Income | New | 0.11% | +0.11 |
| OMF Onemain Holdings Inc. | New | 0.11% | +0.11 |
| IRDM Iridium Communications Inc. | Add +19.2% | 1.43% | +0.11 |
| GDDY GoDaddy Inc. Class A | New | 0.11% | +0.11 |
| BLDR Builders Firstsource Inc. | New | 0.11% | +0.11 |
| NOW ServiceNow Inc. | New | 0.10% | +0.10 |
| VECO Veeco Instruments Inc. | Add +35.3% | 1.20% | +0.10 |
| IVW iShares S&P 500 Growth ETF | New | 0.10% | +0.10 |
| PJT PJT Partners Inc. Class A | Add +0.1% | 0.68% | +0.10 |
| AGM Federal Agric MTG Corp. Class C | Add +2.0% | 1.13% | +0.09 |
| CG The Carlyle Group Inc. | Add +2.6% | 0.56% | +0.08 |
| DCTH Delcath Systems Inc. | Add +46.2% | 0.16% | +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 |