Forager Capital Management, LLC — 13F Holdings & Portfolio
CIK 1802986 · latest 13F-HR filed 2026-05-15
Forager Capital Management, LLC manages $200.9M in 13F-reported U.S. long-equity assets across 10 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are MCFT (16.45%), RM (16.36%), HOV (13.05%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 0 new positions, exited 1, added to 4, 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.
$200.9M
Long-equity book
10
Distinct positions
2026-03-31
Filed 2026-05-15
+0 / −1 / ↑4 / ↓4
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- REPAY HLDGS CORP$9.5M +65.0%
- VIEMED HEALTHCARE INC$5.3M +25.7%
- HOVNANIAN ENTERPRISES INC$3.2M +13.7%
- OPORTUN FINL CORP$2.9M +23.1%
Top Trims
- RUSH ENTERPRISES INC-$9.8M -75.6%
- REGIONAL MGMT CORP-$9.2M -21.8%
- MILLERKNOLL INC-$7.3M -25.5%
- I3 VERTICALS INC-$884.0K -6.4%
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 | MASTERCRAFT BOAT HLDGS INC | MCFT | 57637H103 | $33.0M | 16.45% | 1,611,277 | SH |
| 2 | REGIONAL MGMT CORP | RM | 75902K106 | $32.9M | 16.36% | 1,019,263 | SH |
| 3 | HOVNANIAN ENTERPRISES INC | HOV | 442487401 | $26.2M | 13.05% | 236,315 | SH |
| 4 | VIEMED HEALTHCARE INC | VMD | 92663R105 | $26.0M | 12.96% | 2,825,871 | SH |
| 5 | REPAY HLDGS CORP | RPAY | 76029L100 | $24.0M | 11.96% | 9,242,837 | SH |
| 6 | MILLERKNOLL INC | MLKN | 600544100 | $21.3M | 10.60% | 1,471,841 | SH |
| 7 | OPORTUN FINL CORP | OPRT | 68376D104 | $15.5M | 7.72% | 3,361,726 | SH |
| 8 | I3 VERTICALS INC | IIIV | 46571Y107 | $13.0M | 6.45% | 579,401 | SH |
| 9 | INTERNATIONAL MONEY EXPRESS | IMXI | 46005L101 | $5.8M | 2.88% | 366,174 | SH |
| 10 | RUSH ENTERPRISES INC | RUSHA | 781846209 | $3.2M | 1.57% | 47,822 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 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 |