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Mill Road Capital Management LLC — 13F Holdings & Portfolio

CIK 1512275 · latest 13F-HR filed 2026-08-14

Backtest portfolio

Mill Road Capital Management LLC manages $202.5M in 13F-reported U.S. long-equity assets across 23 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are MG (16.64%), ALTG (13.97%), GO (12.09%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 0 new positions and exited 2; 16 existing positions rose in reported value and 4 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.

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AUM
$202.5M

Long-equity book

Holdings
23

Distinct positions

Period
2026-06-30

Filed 2026-08-14

Q/Q Activity
+0 / −2 / ↑16 / ↓4

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
MG16.6% · +3%ALTG14.0% · 0%GO12.1% · +4%BZH11.7% · +0%NVRI7.5% · -67%NOODLES &6.4% · 0%BWMN4.8% · +59%LCUT4.2% · -6%BXC4.1% · 0%QNST3.8% · 0%MATW2.7% · +18%BBCP2.6% · 0%ARHS2.2% · +30%FWRD1.9% · +29%CVEO1.6% · -8%KRP1.5% · -3%CNTY0.7% · 0%CULP0.5% · 0%RSVR0.4% · -84%PZZA0.3% · -49%BLBD0.2% · 0%AIOT0.0% · 0%

Box 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 value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated 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 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 85.2%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 31, 2026.

Assets Under Management
$753.8M
Discretionary
$753.8M
Employees
12
Accounts
5
Address
334 PEMBERWICK ROAD
2ND FLOOR
GREENWICH, CT 06831-4240
Phone
(203) 987-3500
Website
Mailing Address
328 PEMBERWICK ROAD, GREENWICH, CT, 06831-4204
Name Title / Status Ownership Type
LYNCH, THOMAS, EDWARD ControlMANAGING MEMBER, MANAGEMENT COMMITTEE DIRECTOR AND CHAIRMAN, TAX MATTERS PERSON
since Oct 2004
25–50%Individual
MCGOVERN, LISA, MARIE ControlCHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER, MANAGING DIRECTOR
since Sep 2017
Less than 5%Individual
PETITO, DEVEN, HARDWICK ControlMANAGING MEMBER, MANAGEMENT COMMITTEE DIRECTOR
since Nov 2022
25–50%Individual
YANAGI, ERIC, TOMIO ControlMANAGING MEMBER, MANAGEMENT COMMITTEE DIRECTOR
since Apr 2018
10–25%Individual
Ownership & leadership changes · 8 filings with changes since Feb 14, 2012

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.

Mar 5, 2024 filing
  • No longer listedJACOBS, JUSTIN, CADWALLADER · MANAGING MEMBER, MANAGEMENT COMMITTEE DIRECTOR · 10–25% · control person · listed since Oct 2009
  • ChangedPETITO, DEVEN, HARDWICK · ownership 10–25% → 25–50%
Mar 31, 2023 filing
  • AddedPETITO, DEVEN, HARDWICK · MANAGING MEMBER, MANAGEMENT COMMITTEE DIRECTOR · 10–25% · control person
  • ChangedJACOBS, JUSTIN, CADWALLADER · ownership 25–50% → 10–25%
  • ChangedLYNCH, THOMAS, EDWARD · ownership 50–75% → 25–50%
Oct 25, 2019 filing
  • No longer listedSCHARFMAN, SCOTT, PHILIP · MANAGING MEMBER, MANAGEMENT COMMITTEE DIRECTOR · 25–50% · control person · listed since Dec 2006
  • ChangedYANAGI, ERIC, TOMIO · ownership Less than 5% → 10–25%
Apr 27, 2018 filing
  • AddedYANAGI, ERIC, TOMIO · MANAGING MEMBER, MANAGEMENT COMMITTEE DIRECTOR · Less than 5% · control person
Sep 25, 2017 filing
  • No longer listedHANAUER, LINDA, HELEN · MANAGING DIRECTOR, CHIEF FINANCIAL OFFICER, DEPUTY COMPLIANCE OFFICER · Less than 5% · control person · listed since Jun 2017
  • AddedMCGOVERN, LISA, MARIE · CHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER, MANAGING DIRECTOR · Less than 5% · control person
  • ChangedJACOBS, JUSTIN, CADWALLADER · title MANAGEMENT COMMITTEE DIRECTOR → MANAGING MEMBER, MANAGEMENT COMMITTEE DIRECTOR
  • ChangedLYNCH, THOMAS, EDWARD · title MANAGEMENT COMMITTEE DIRECTOR AND CHAIRMAN, TAX MATTERS PERSON, CHIEF COMPLIANCE OFFICER → MANAGING MEMBER, MANAGEMENT COMMITTEE DIRECTOR AND CHAIRMAN, TAX MATTERS PERSON
  • ChangedSCHARFMAN, SCOTT, PHILIP · title MANAGEMENT COMMITTEE DIRECTOR → MANAGING MEMBER, MANAGEMENT COMMITTEE DIRECTOR
Jul 11, 2017 filing
  • No longer listedGOLDMAN, CHARLES, MICHAEL BLAKE · MEMBER · 10–25% · listed since Dec 2006
  • ChangedHANAUER, LINDA, HELEN · title MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER → MANAGING DIRECTOR, CHIEF FINANCIAL OFFICER, DEPUTY COMPLIANCE OFFICER
  • ChangedJACOBS, JUSTIN, CADWALLADER · ownership 10–25% → 25–50%
  • ChangedLYNCH, THOMAS, EDWARD · title MANAGEMENT COMMITTEE DIRECTOR AND CHAIRMAN, TAX MATTERS PERSON → MANAGEMENT COMMITTEE DIRECTOR AND CHAIRMAN, TAX MATTERS PERSON, CHIEF COMPLIANCE OFFICER; ownership 25–50% → 50–75%
  • ChangedSCHARFMAN, SCOTT, PHILIP · ownership 10–25% → 25–50%
Mar 31, 2017 filing
  • ChangedGOLDMAN, CHARLES, MICHAEL BLAKE · title MANAGEMENT COMMITTEE DIRECTOR AND TAX MATTERS PARTNER → MEMBER; no longer a control person
  • ChangedLYNCH, THOMAS, EDWARD · title MANAGEMENT COMMITTEE DIRECTOR AND CHAIRMAN → MANAGEMENT COMMITTEE DIRECTOR AND CHAIRMAN, TAX MATTERS PERSON
May 28, 2014 filing
  • No longer listedSHARMA, AJAY · CHIEF COMPLIANCE OFFICER AND MANAGING DIRECTOR · Less than 5% · listed since Feb 2011
  • AddedHANAUER, LINDA, HELEN · MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER · Less than 5% · control person
Feb 14, 2012 filing (earliest on record)
  • ListedGOLDMAN, CHARLES, MICHAEL BLAKE · MANAGEMENT COMMITTEE DIRECTOR AND TAX MATTERS PARTNER · 10–25% · control person
  • ListedJACOBS, JUSTIN, CADWALLADER · MANAGEMENT COMMITTEE DIRECTOR · 10–25% · control person
  • ListedLYNCH, THOMAS, EDWARD · MANAGEMENT COMMITTEE DIRECTOR AND CHAIRMAN · 25–50% · control person
  • ListedSCHARFMAN, SCOTT, PHILIP · MANAGEMENT COMMITTEE DIRECTOR · 10–25% · control person
  • ListedSHARMA, AJAY · CHIEF COMPLIANCE OFFICER AND MANAGING DIRECTOR · Less than 5%

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)

Show all 16 →

Top Trims

Show all 4 →

New Positions

  • No new positions this quarter.
Show all 0 →

Exited Positions

Show all 2 →

Mill Road Capital 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 MISTRAS GROUP INC MG 60649T107 $33.7M 16.64% 1,929,509 SH
2 ALTA EQUIPMENT GROUP INC ALTG 02128L106 $28.3M 13.97% 4,373,208 SH
3 GROCERY OUTLET HLDG GO 39874R101 $24.5M 12.09% 2,453,897 SH
4 BEAZER HOMES USA INC BZH 07556Q881 $23.6M 11.65% 841,235 SH
5 ENVIRI CORP NVRI 415864107 $15.3M 7.54% 695,264 SH
6 BOWMAN CONSULTING GROUP LTD BWMN 103002101 $9.7M 4.81% 333,872 SH
7 NOODLES & CO — 65540B105 $8.8M 4.34% 587,393 SH
8 LIFETIME BRANDS INC LCUT 53222Q103 $8.6M 4.23% 1,004,646 SH
9 BLUELINX HLDGS INC BXC 09624H208 $8.4M 4.12% 134,964 SH
10 QUINSTREET INC QNST 74874Q100 $7.6M 3.75% 518,879 SH
11 MATTHEWS INTL CORP MATW 577128101 $5.5M 2.72% 204,615 SH
12 CONCRETE PUMPING HLDGS INC BBCP 206704108 $5.2M 2.56% 430,805 SH
13 ARHAUS INC ARHS 04035M102 $4.4M 2.19% 526,900 SH
14 NOODLES & CO — 65540B105 $4.2M 2.09% 283,267 SH
15 FORWARD AIR CORP FWRD 34986A104 $3.9M 1.95% 292,250 SH
16 CIVEO CORP CVEO 17878Y207 $3.3M 1.61% 93,138 SH
17 KIMBELL RTY PARTNERS LP KRP 49435R102 $3.1M 1.55% 215,495 SH
18 CENTURY CASINOS INC CNTY 156492100 $1.4M 0.69% 1,095,900 SH
19 CULP INC CULP 230215105 $1.0M 0.50% 324,669 SH
20 RESERVOIR MEDIA INC RSVR 76119X105 $888.7K 0.44% 89,858 SH
21 PAPA JOHNS INTL INC PZZA 698813102 $603.0K 0.30% 16,400 SH
22 BLUE BIRD CORP BLBD 095306106 $458.0K 0.23% 5,800 SH
23 POWERFLEET INC AIOT 73931J109 $57.8K 0.03% 15,100 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $202.5M 23 0001193125-26-350944
2026-03-31 2026-05-15 $190.8M 25 0001193125-26-225515
2025-12-31 2026-02-17 $168.3M 24 0001193125-26-053630
2025-09-30 2025-11-14 $192.0M 26 0001193125-25-281910
Filer Information
Address
334 PEMBERWICK ROAD
SECOND FLOOR
GREENWICH, CT 06831
Phone
(203) 987-3500
Filing Manager
Mill Road Capital Management LLC
Greenwich, CT
Signatory
Thomas E. Lynch
Management Committee Director