Forager Capital Management, LLC

CIK: 0001802986Latest portfolio: $220.9M · Q4 2025

Holdings

11

Total Value

$220.9M

New Positions

1

Closed Positions

1

Top Holdings

#StockSharesValue% PortfolioChangeType
1
RMREGIONAL MGMT CORP
1,085,098$42.0M19.04%
2
MCFTMASTERCRAFT BOAT HLDGS INC
1,699,118$32.1M14.55%-103,857
3
MLKNMILLERKNOLL INC
1,561,841$28.6M12.93%+95K
4
HOVHOVNANIAN ENTERPRISES INC
236,315$23.1M10.44%-7,042
5
VMDVIEMED HEALTHCARE INC
2,785,871$20.7M9.37%+49K
6
QIPTQUIPT HOME MEDICAL CORP
4,199,562$14.8M6.71%
7
RPAYREPAY HLDGS CORP
3,990,726$14.6M6.60%NEW
8
IIIVI3 VERTICALS INC
549,401$13.8M6.27%-115,599
9
RUSHARUSH ENTERPRISES INC
239,822$12.9M5.86%
10
OPRTOPORTUN FINL CORP
2,380,000$12.6M5.70%+422K
11
IMXIINTERNATIONAL MNY EXPRESS IN
366,174$5.6M2.55%-357,791

Quarterly Changes

New Positions

Closed Positions

Increased Positions

NameSharesChange
OPRT2.4M+422K
MLKN1.6M+95K
VMD2.8M+49K

Decreased Positions

NameSharesChange
IMXI366K-357791
IIIV549K-115599
MCFT1.7M-103857
HOV236K-7042

Sector Breakdown

Consumer Cyclical0.0% ($32130285502.3T)
Technology0.0% ($14566.1T)
Financial Services0.0% ($4.2T)
Healthcare0.0% ($2.1T)

Filing History

QuarterFiling DatePortfolio ValueHoldings
Q4 2025Feb 17, 2026$220.9M11
Q3 2025Nov 14, 2025$226.7B11
Q2 2025Aug 13, 2025$204.5B0
Q1 2025May 15, 2025$202.1B11
Q4 2024Feb 14, 2025$238.8B13

Fund Information

CIK0001802986
Most Recent FilingFeb 17, 2026
Number of Filings5

Forager Capital Management, LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $220.9M across 11 holdings. The largest position is REGIONAL MGMT CORP (RM), representing 19.0% of the portfolio. Compared to the previous quarter, the fund opened 1 new positions and closed 1 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.