Forager Capital Management, LLC — 13F Holdings & Portfolio
CIK 1802986 · latest 13F-HR filed 2026-08-14
Forager Capital Management, LLC manages $265.9M in 13F-reported U.S. long-equity assets across 10 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are RPAY (17.54%), RM (14.69%), MCFT (14.09%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 1 new position, exited 1, added to 6, and trimmed 3.
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.
SUITE 350
BIRMINGHAM, AL 35203
$265.9M
Long-equity book
10
Distinct positions
2026-06-30
Filed 2026-08-14
+1 / −1 / ↑6 / ↓3
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- REPAY HLDGS CORP$22.6M +94.1%
- MILLERKNOLL INC$10.7M +50.1%
- OPORTUN FINL CORP$10.3M +66.2%
- REGIONAL MGMT CORP$6.2M +18.9%
- I3 VERTICALS INC$5.5M +42.5%
Top Trims
- HOVNANIAN ENTERPRISES INC-$4.9M -18.7%
- INTERNATIONAL MONEY EXPRESS-$2.1M -36.5%
- VIEMED HEALTHCARE INC-$1.6M -6.2%
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 | REPAY HLDGS CORP | RPAY | 76029L100 | $46.6M | 17.54% | 11,106,548 | SH |
| 2 | REGIONAL MGMT CORP | RM | 75902K106 | $39.1M | 14.69% | 948,458 | SH |
| 3 | MASTERCRAFT BOAT HLDGS INC | MCFT | 57637H103 | $37.5M | 14.09% | 1,451,074 | SH |
| 4 | MILLERKNOLL INC | MLKN | 600544100 | $32.0M | 12.02% | 1,561,841 | SH |
| 5 | OPORTUN FINL CORP | OPRT | 68376D104 | $25.8M | 9.69% | 4,512,045 | SH |
| 6 | VIEMED HEALTHCARE INC | VMD | 92663R105 | $24.4M | 9.18% | 2,141,184 | SH |
| 7 | HOVNANIAN ENTERPRISES INC | HOV | 442487401 | $21.3M | 8.01% | 149,547 | SH |
| 8 | I3 VERTICALS INC | IIIV | 46571Y107 | $18.5M | 6.94% | 864,574 | SH |
| 9 | ICF INTL INC | ICFI | 44925C103 | $17.2M | 6.46% | 235,900 | SH |
| 10 | INTERNATIONAL MONEY EXPRESS | IMXI | 46005L101 | $3.7M | 1.38% | 254,121 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $265.9M | 10 | 0001420506-26-001674 |
| 2026-03-31 | 2026-05-15 | $200.9M | 10 | 0001420506-26-001058 |
| 2025-12-31 | 2026-02-17 | $220.9M | 11 | 0001420506-26-000509 |
| 2025-09-30 | 2025-11-14 | $226.7M | 11 | 0001420506-25-003262 |