SEC 13F Intelligence

Managers / Q4 2021 · view latest →

RK Capital Management, LLC

CIK 0001426266 · 3033 E. FIRST AVENUE, SUITE 401, DENVER, CO, 80206-5619 · 303 394 0101

Reported Value
$550M
Q4 2021
Positions
57
Filings on Record
24
2019–present window
Filed
Feb 11, 2022
original filing

Summary

Rk Capital Management, LLC reported $550M in U.S.-listed holdings across 57 positions for Q4 2021.

Its largest position, MMS, represents 4.4% of the portfolio.

Compared with Q3 2021, the fund opened 5 new positions and exited 11.

Portfolio Metrics

Turnover
+19.6%
vs prior filed quarter
Top-10 Concentration
+31.5%
share of reported value
Largest Position
+4.4%
Maximus
New / Exited
5 / 11
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $347MQ1 ’19Q2 ’19: $323MQ3 ’19: $273MQ4 ’19: $267MQ4 ’19Q1 ’20: $222MQ2 ’20: $342MQ3 ’20: $353MQ3 ’20Q4 ’20: $452MQ1 ’21: $502MQ2 ’21: $532MQ2 ’21Q3 ’21: $528MQ4 ’21: $550MQ1 ’22: $510MQ1 ’22Q2 ’22: $425MQ3 ’22: $390MQ4 ’22: $422MQ4 ’22Q1 ’23: $455MQ2 ’23: $466MQ3 ’23: $423MQ3 ’23Q4 ’23: $470MQ1 ’24: $495MQ2 ’24: $373MQ2 ’24filingsflow.com

Portfolio Composition

By security type
Common Stock: 93.9%Other: 4.5%ETP: 1.6%
  • Common Stock · 93.9% · $517M
  • Other · 4.5% · $25M
  • ETP · 1.6% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FWRGFIRST WATCH RESTAURANT GROUPNEW+516.8K516.8K+$9M$9M
AWIARMSTRONG WORLD INDS INC NEWNEW+63.2K63.2K+$7M$7M
USA TRUCK INCNEW+319.3K319.3K+$6M$6M
STGWSTAGWELL INCNEW+684.9K684.9K+$6M$6M
MCSMARCUS CORP DELNEW+267.4K267.4K+$5M$5M
EHCENCOMPASS HEALTH CORPSOLD OUT−179.8K0−$13M$0
BWXTBWX TECHNOLOGIES INCSOLD OUT−177.7K0−$10M$0
VONAGE HOLDINGS CORPSOLD OUT−498.1K0−$8M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2021

56 positions (from 57 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MMSMAXIMUS INChistory →COM4.44%$24M306.9K
2TSEMTOWER SEMICONDUCTOR LTDhistory →SHS NEW3.46%$19M479.6K
3HURNHURON CONSULTING GROUP INChistory →COM3.31%$18M365.6K
4VINTAGE WINE ESTATES INCCOM3.27%$18M1.52M
5KBRKBR INChistory →COM3.11%$17M359.9K
6ASOACADEMY SPORTS & OUTDOORS INhistory →COM CL A2.94%$16M368.9K
7FLLFULL HSE RESORTS INChistory →COM2.90%$16M1.32M
8ICFIICF INTL INChistory →COM2.75%$15M147.8K
9R1 RCM INCCOM2.68%$15M577.8K
10SHYFT GROUP INCCOM2.66%$15M297.9K
11JAZZJAZZ PHARMACEUTICALS PLChistory →SHS USD2.61%$14M112.8K
12SGITEMPUR SEALY INTL INChistory →COM2.60%$14M304.7K
13ITGRINTEGER HLDGS CORPhistory →COM2.42%$13M155.7K
14GDENGOLDEN ENTMT INChistory →COM2.36%$13M257.2K
15LFUSLITTELFUSE INChistory →COM2.35%$13M41.0K
16TOPBUILD CORPCOM2.20%$12M44.0K
17FSSFEDERAL SIGNAL CORPhistory →COM2.15%$12M273.0K
18HLIOHELIOS TECHNOLOGIES INChistory →COM2.13%$12M111.7K
19FIXCOMFORT SYS USA INChistory →COM1.99%$11M110.7K
20CMCOCOLUMBUS MCKINNON CORP N Yhistory →COM1.79%$10M213.3K
21MATXMATSON INChistory →COM1.74%$10M106.1K
22HLITHARMONIC INChistory →COM1.71%$9M801.0K
23MYRGMYR GROUP INC DELhistory →COM1.70%$9M84.4K
24PATKPATRICK INDS INChistory →COM1.67%$9M114.0K
25VICRVICOR CORPhistory →COM1.66%$9M72.2K
26IWOISHARES TRRUS 2000 GRW ETF · RUSSELL 2000 ETF1.64%$9M34.9K
27CHDNCHURCHILL DOWNS INChistory →COM1.62%$9M37.0K
28RPAYREPAY HLDGS CORPhistory →COM CL A1.60%$9M481.8K
29CZRCAESARS ENTERTAINMENT INC NEhistory →COM1.59%$9M93.6K
30FWRGFIRST WATCH RESTAURANT GROUPhistory →COM1.57%$9M516.8K
31JBTMJOHN BEAN TECHNOLOGIES CORPhistory →COM1.56%$9M55.7K
32ASPNASPEN AEROGELS INChistory →COM1.50%$8M165.9K
33FANGDIAMONDBACK ENERGY INChistory →COM1.48%$8M75.6K
34TNLTRAVEL PLUS LEISURE COhistory →COM1.47%$8M146.8K
35WSTWEST PHARMACEUTICAL SERVICEShistory →COM1.47%$8M17.2K
36GTLSCHART INDS INChistory →COM1.45%$8M50.1K
37AUBATLANTIC UN BANKSHARES CORPhistory →COM1.36%$7M200.9K
38KNXKNIGHT SWIFT TRANSN HLDGS INhistory →CL A1.34%$7M120.8K
39AWIARMSTRONG WORLD INDS INC NEWhistory →COM1.33%$7M63.2K
40WWWWOLVERINE WORLD WIDE INChistory →COM1.32%$7M251.6K
41HDSNHUDSON TECHNOLOGIES INChistory →COM1.29%$7M1.60M
42IRMDIRADIMED CORPhistory →COM1.22%$7M145.6K
43CALXCALIX INChistory →COM1.21%$7M83.5K
44SPX CORPCOM1.21%$7M111.8K
45CALCALERES INChistory →COM1.16%$6M282.1K
46USA TRUCK INCCOM1.15%$6M319.3K
47STGWSTAGWELL INChistory →COM CL A1.08%$6M684.9K
48AZTAAZENTA INCCOM0.93%$5M49.8K
49MCSMARCUS CORP DELCOM0.87%$5M267.4K
50MGRCMCGRATH RENTCORPCOM0.86%$5M58.7K
51UPLAND SOFTWARE INCCOM0.81%$4M249.3K
52VECOVEECO INSTRUMENTS INCCOM0.81%$4M155.7K
53TTITETRA TECHNOLOGIES INC DELCOM0.80%$4M1.56M
54EXPOEXPONENT INCCOM0.71%$4M33.4K
55UTIUNIVERSAL TECHNICAL INST INCCOM0.49%$3M347.6K
56SEISOLARIS OILFIELD INFRSTR INCCOM CL A0.47%$3M391.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2024Under review19Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$373M36Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$495M45May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$470M48Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$423M47Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$466M47Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$455M46May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$422M45Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$390M48Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$425M51Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$510M56May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$550M57Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$528M63Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$532M64Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$502M68May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$452M61Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$353M67Nov 16, 2020RESTATEMENTchanges · EDGAR ↗
Q2 2020$342M62Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$222M50May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$267M56Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$273M54Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$323M51Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$347M47May 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.