Rangeley Capital, LLC — 13F Holdings & Portfolio
CIK 1517796 · latest 13F-HR filed 2026-05-15
Rangeley Capital, LLC manages $102.9M in 13F-reported U.S. long-equity assets across 138 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are DRVN (7.66%), LQDA (5.50%), PRTA (4.24%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 45 new positions, exited 27, added to 24, and trimmed 43.
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.
$102.9M
Long-equity book
138
Distinct positions
2026-03-31
Filed 2026-05-15
+45 / −27 / ↑24 / ↓43
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- JANUX THERAPEUTICS INC$1.4M +385.5%
- KEZAR LIFE SCIENCES INC$1.3M +233.7%
- LEGGETT & PLATT INC$609.2K +40.7%
- ZIM INTEGRATED SHIPPING SERV$577.7K +66.3%
- STAR HLDGS$534.9K +34.7%
Top Trims
- WARNER BROS DISCOVERY INC-$4.8M -77.5%
- YEXT INC-$4.3M -91.9%
- CALUMET INC-$3.2M -63.1%
- ARVINAS INC-$2.3M -49.4%
- KENNEDY-WILSON HOLDINGS INC-$2.3M -68.3%
New Positions
- DRIVEN BRANDS HLDGS INC$7.9M
- TRIPADVISOR INC$2.0M
- ORION PROPERTIES INC$2.0M
- ICON PLC$2.0M
- GREEN DOT CORP$1.8M
Exited Positions
- GOLDEN ENTMT INC$5.7M
- AVIDITY BIOSCIENCES INC$3.9M
- REPARE THERAPEUTICS INC$3.3M
- BERTO ACQUISITION CORP$2.9M
- PLYMOUTH INDL REIT INC$2.5M
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 | DRIVEN BRANDS HLDGS INC | DRVN | 26210V102 | $7.9M | 7.66% | 625,500 | SH |
| 2 | LIQUIDIA CORPORATION Put | LQDA | 53635D202 | $5.7M | 5.50% | 150,000 | SH |
| 3 | PROTHENA CORP PLC | PRTA | G72800108 | $4.4M | 4.24% | 449,460 | SH |
| 4 | SEAPORT ENTMT GROUP INC | SEG | 812215200 | $3.3M | 3.20% | 153,517 | SH |
| 5 | LIQUIDIA CORPORATION Call | LQDA | 53635D202 | $2.8M | 2.75% | 75,000 | SH |
| 6 | GRINDR INC | GRND | 39854F101 | $2.8M | 2.75% | 234,000 | SH |
| 7 | DELEK US HLDGS INC NEW | DK | 24665A103 | $2.7M | 2.63% | 60,000 | SH |
| 8 | ARVINAS INC | ARVN | 04335A105 | $2.4M | 2.31% | 223,990 | SH |
| 9 | ARBUTUS BIOPHARMA CORP | ABUS | 03879J100 | $2.2M | 2.19% | 500,000 | SH |
| 10 | ECHOSTAR CORP | SATS | 278768106 | $2.1M | 2.05% | 18,000 | SH |
| 11 | LEGGETT & PLATT INC | LEG | 524660107 | $2.1M | 2.04% | 213,000 | SH |
| 12 | STAR HLDGS | STHO | 85512G106 | $2.1M | 2.02% | 274,072 | SH |
| 13 | FULL HSE RESORTS INC | FLL | 359678109 | $2.1M | 2.00% | 915,578 | SH |
| 14 | TRIPADVISOR INC | TRIP | 896945201 | $2.0M | 1.97% | 190,000 | SH |
| 15 | ORION PROPERTIES INC | ONL | 68629Y103 | $2.0M | 1.91% | 915,000 | SH |
| 16 | ICON PLC | ICLR | G4705A100 | $2.0M | 1.90% | 17,700 | SH |
| 17 | CALUMET INC | CLMT | 131428104 | $1.9M | 1.85% | 53,000 | SH |
| 18 | GREEN DOT CORP | GDOT | 39304D102 | $1.8M | 1.77% | 162,732 | SH |
| 19 | KEZAR LIFE SCIENCES INC | KZR | 49372L209 | $1.8M | 1.75% | 243,073 | SH |
| 20 | JANUX THERAPEUTICS INC | JANX | 47103J105 | $1.7M | 1.65% | 122,500 | SH |
| 21 | THERAVANCE BIOPHARMA INC | TBPH | G8807B106 | $1.7M | 1.62% | 103,000 | SH |
| 22 | MISTER CAR WASH INC | MCW | 60646V105 | $1.5M | 1.49% | 220,500 | SH |
| 23 | BRIGHTHOUSE FINL INC | BHF | 10922N103 | $1.5M | 1.45% | 25,000 | SH |
| 24 | WARNER BROS DISCOVERY INC Call | WBD | 934423104 | $1.5M | 1.42% | 53,300 | SH |
| 25 | ZIM INTEGRATED SHIPPING SERV | ZIM | M9T951109 | $1.4M | 1.41% | 55,000 | SH |
| 26 | FORWARD AIR CORP | FWRD | 34986A104 | $1.4M | 1.38% | 85,000 | SH |
| 27 | WARNER BROS DISCOVERY INC | WBD | 934423104 | $1.4M | 1.36% | 51,000 | SH |
| 28 | NET LEASE OFFICE PROPERTIES | NLOP | 64110Y108 | $1.3M | 1.29% | 114,870 | SH |
| 29 | ELME COMMUNITIES | ELME | 939653101 | $1.3M | 1.29% | 658,000 | SH |
| 30 | REVOLUTION MEDICINES INC | RVMD | 76155X100 | $1.1M | 1.11% | 11,700 | SH |
| 31 | BICYCLE THERAPEUTICS PLC | BCYC | 088786108 | $1.1M | 1.05% | 232,260 | SH |
| 32 | SWK HLDGS CORP | SWKHL | 78501P203 | $1.1M | 1.04% | 63,000 | SH |
| 33 | KENNEDY-WILSON HOLDINGS INC | KW | 489398107 | $1.0M | 1.02% | 97,000 | SH |
| 34 | HOLOGIC INC | HOLX | 436440101 | $982.7K | 0.95% | 13,000 | SH |
| 35 | HILTON GRAND VACATIONS INC | HGV | 43283X105 | $978.0K | 0.95% | 25,000 | SH |
| 36 | SEPTERNA INC | SEPN | 81734D104 | $956.4K | 0.93% | 39,800 | SH |
| 37 | WEN ACQUISITION CORP | WENN | G9R39C103 | $865.3K | 0.84% | 85,000 | SH |
| 38 | MONRO INC | MNRO | 610236101 | $839.6K | 0.82% | 52,344 | SH |
| 39 | KURA ONCOLOGY INC | KURA | 50127T109 | $822.9K | 0.80% | 101,220 | SH |
| 40 | SELECT MED HLDGS CORP | SEM | 81619Q105 | $814.5K | 0.79% | 50,000 | SH |
| 41 | CLEARWATER ANALYTICS HLDGS I | CWAN | 185123106 | $662.2K | 0.64% | 28,000 | SH |
| 42 | ROMAN DBDR ACQUISITION CORP | DRDB | G7633M104 | $628.2K | 0.61% | 60,000 | SH |
| 43 | KEROS THERAPEUTICS INC | KROS | 492327101 | $600.6K | 0.58% | 54,400 | SH |
| 44 | ENVIRI CORP | NVRI | 415864107 | $549.4K | 0.53% | 28,000 | SH |
| 45 | D MARKET ELECTR SVCS & TRADI | HEPS | 23292B104 | $524.0K | 0.51% | 200,000 | SH |
| 46 | BRAEMAR HOTELS & RESORTS INC | BHR | 10482B101 | $523.9K | 0.51% | 222,000 | SH |
| 47 | GENERAL PURP ACQUISITION COR | GPACU | G3810N122 | $500.5K | 0.49% | 50,000 | SH |
| 48 | ABIVAX SA | ABVX | 00370M103 | $445.4K | 0.43% | 4,000 | SH |
| 49 | MONTE ROSA THERAPEUTICS INC | GLUE | 61225M102 | $444.4K | 0.43% | 27,016 | SH |
| 50 | DISTRIBUTION SOLUTIONS GRP I | DSGR | 520776105 | $442.3K | 0.43% | 16,857 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $102.9M | 138 | 0001892688-26-000089 |
| 2025-12-31 | 2026-02-17 | $120.4M | 123 | 0000919574-26-001155 |
| 2025-09-30 | 2025-11-14 | $115.6M | 136 | 0000919574-25-006964 |