Mill Road Capital Management LLC — 13F Holdings & Portfolio

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

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, exited 2, added to 16, and trimmed 4.

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.

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
Loading holdings…
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

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • GROCERY OUTLET HLDG$7.8M +46.5%
  • BEAZER HOMES USA INC$7.5M +46.3%
  • MISTRAS GROUP INC$6.1M +21.9%
  • NOODLES & CO$5.6M +74.9%
  • ALTA EQUIPMENT GROUP INC$4.8M +20.5%
Show all 16 →

Top Trims

  • ENVIRI CORP-$25.8M -62.8%
  • RESERVOIR MEDIA INC-$4.6M -83.8%
  • PAPA JOHNS INTL INC-$430.9K -41.7%
  • CENTURY CASINOS INC-$120.5K -7.9%
Show all 4 →

New Positions

  • No new positions this quarter.
Show all 0 →

Exited Positions

  • PHOTRONICS$3.2M
  • INOTIV INC$234.6K
Show all 2 →
All Holdings

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