JCP Investment Management, LLC — 13F Holdings & Portfolio
CIK 1461945 · latest 13F-HR filed 2026-08-13
JCP Investment Management, LLC manages $187.1M in 13F-reported U.S. long-equity assets across 26 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPY (20.76%), UNFI (12.07%), HHH (12.00%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 8 new positions and exited 6; 10 existing positions rose in reported value and 3 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-08-13
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 83%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Mar 27, 2026.
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| PAPPAS, JAMES, CHRISTOPHER Control | MANAGING MEMBER AND PORTFOLIO MANAGER since Jun 2009 | 75% or more | Individual |
| POWALSKI, MATTHEW, SCOTT Control | CHIEF COMPLIANCE OFFICER / CHIEF FINANCIAL OFFICER / CHIEF OPERATING OFFICER since Jan 2022 | Less than 5% | Individual |
Ownership & leadership changes · 2 filings with changes since Feb 28, 2018
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- No longer listedMATRANGA, MARY, MARGARET · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Mar 2016
- ChangedPOWALSKI, MATTHEW, SCOTT · title CHIEF FINANCIAL OFFICER / CHIEF OPERATING OFFICER → CHIEF COMPLIANCE OFFICER / CHIEF FINANCIAL OFFICER / CHIEF OPERATING OFFICER
- AddedPOWALSKI, MATTHEW, SCOTT · CHIEF FINANCIAL OFFICER / CHIEF OPERATING OFFICER · Less than 5% · control person
- ChangedMATRANGA, MARY, MARGARET · title CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER → CHIEF COMPLIANCE OFFICER
- ListedMATRANGA, MARY, MARGARET · CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER · Less than 5% · control person
- ListedPAPPAS, JAMES, CHRISTOPHER · MANAGING MEMBER AND PORTFOLIO MANAGER · 75% or more · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- BERKSHIRE HATHAWAY INC DEL$10.0M +311.8%
- RED ROBIN GOURMET BURGERS IN$9.8M +178.7%
- HOWARD HUGHES HOLDINGS INC$7.6M +51.6%
- SPDR S&P 500 ETF TR$5.6M +16.9%
- JANUS HENDERSON GROUP PLC$1.7M +116.7%
Top Trims
- KINDER MORGAN INC DEL-$4.9M -52.3%
- GENERAC HLDGS INC-$3.8M -50.5%
- KROGER CO-$206.9K -23.3%
New Positions
- AMERESCO INC$9.4M
- ABM INDS INC$6.2M
- OWENS CORNING NEW$3.2M
- WHITESTONE REIT$2.2M
- HARLEY DAVIDSON INC$2.0M
Exited Positions
- SEMPRA$10.4M
- AIR LEASE CORP$2.6M
- BJS RESTAURANTS INC$1.7M
- KENNEDY-WILSON HOLDINGS INC$1.6M
- FARMER BROS CO$1.2M
JCP Investment Management, LLC Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | SPDR S&P 500 ETF TR | SPY | 78462F103 | $38.8M | 20.76% | 51,888 | SH |
| 2 | UNITED NAT FOODS INC | UNFI | 911163103 | $22.6M | 12.07% | 494,371 | SH |
| 3 | HOWARD HUGHES HOLDINGS INC | HHH | 44267T102 | $22.5M | 12.00% | 314,100 | SH |
| 4 | FIDELITY NATIONAL FINANCIAL | FNF | 31620R303 | $17.8M | 9.49% | 376,527 | SH |
| 5 | RED ROBIN GOURMET BURGERS IN | RRGB | 75689M101 | $15.3M | 8.17% | 1,912,614 | SH |
| 6 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $13.2M | 7.04% | 26,324 | SH |
| 7 | AMERESCO INC | AMRC | 02361E108 | $9.4M | 5.00% | 339,000 | SH |
| 8 | ABM INDS INC | ABM | 000957100 | $6.2M | 3.33% | 140,728 | SH |
| 9 | JOINT CORP | JYNT | 47973J102 | $5.2M | 2.79% | 593,906 | SH |
| 10 | KINDER MORGAN INC DEL | KMI | 49456B101 | $4.5M | 2.39% | 139,731 | SH |
| 11 | MCDONALDS CORP | MCD | 580135101 | $4.0M | 2.14% | 14,800 | SH |
| 12 | GENERAC HLDGS INC | GNRC | 368736104 | $3.7M | 1.99% | 12,710 | SH |
| 13 | FUTURECREST ACQUISITION CORP | FCRS.U | G3730U123 | $3.5M | 1.85% | 330,677 | SH |
| 14 | OWENS CORNING NEW | OC | 690742101 | $3.2M | 1.70% | 20,000 | SH |
| 15 | JANUS HENDERSON GROUP PLC | JHG | G4474Y214 | $3.1M | 1.67% | 60,000 | SH |
| 16 | WHITESTONE REIT | WSR | 966084204 | $2.2M | 1.16% | 114,881 | SH |
| 17 | TANDY LEATHER FACTORY INC | TLF | 87538X105 | $2.0M | 1.09% | 876,059 | SH |
| 18 | HARLEY DAVIDSON INC | HOG | 412822108 | $2.0M | 1.09% | 83,030 | SH |
| 19 | JAKKS PAC INC | JAKK | 47012E403 | $1.8M | 0.95% | 76,598 | SH |
| 20 | DOORDASH INC | DASH | 25809K105 | $1.8M | 0.95% | 9,600 | SH |
| 21 | GLOBAL BUSINESS TRAVEL GROUP | GBTG | 37890B100 | $1.4M | 0.75% | 150,000 | SH |
| 22 | SUN LIFE FINANCIAL INC. | SLF | 866796105 | $981.8K | 0.52% | 12,520 | SH |
| 23 | BARNWELL INDS INC | BRN | 068221100 | $731.8K | 0.39% | 724,547 | SH |
| 24 | KROGER CO | KR | 501044101 | $682.6K | 0.36% | 12,293 | SH |
| 25 | VANGUARD INDEX FDS | VTI | 922908769 | $577.3K | 0.31% | 1,560 | SH |
| 26 | RICE ACQUISITION CORP 3 | KRSP | G7553X106 | $107.1K | 0.06% | 10,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | $187.1M | 26 | 0001461945-26-000004 |
| 2026-03-31 | 2026-05-15 | $150.3M | 24 | 0001461945-26-000003 |
| 2025-12-31 | 2026-02-18 | $126.6M | 18 | 0001461945-26-000001 |
| 2025-09-30 | 2025-11-14 | $152.6M | 18 | 0001461945-25-000007 |
SUITE 1320
HOUSTON, TX 77027