SEC 13F Intelligence

Managers / Q1 2023 · view latest →

RK Capital Management, LLC

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

Reported Value
$455M
Q1 2023
Positions
46
Filings on Record
24
2019–present window
Filed
May 12, 2023
original filing

Summary

Rk Capital Management, LLC reported $455M in U.S.-listed holdings across 46 positions for Q1 2023.

Its largest position, JAZZ, represents 4.3% of the portfolio.

Compared with Q4 2022, the fund opened 9 new positions and exited 8.

Portfolio Metrics

Turnover
+19.0%
vs prior filed quarter
Top-10 Concentration
+35.8%
share of reported value
Largest Position
+4.3%
Jazz Pharmaceuticals
New / Exited
9 / 8
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: 4.4%ETP: 1.7%
  • Common Stock · 93.9% · $428M
  • Other · 4.4% · $20M
  • ETP · 1.7% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
OPCHOPTION CARE HEALTH INCNEW+329.1K329.1K+$10M$10M
INDIINDIE SEMICONDUCTOR INCNEW+970.2K970.2K+$10M$10M
CSLCARLISLE COS INCNEW+37.7K37.7K+$9M$9M
CARPARTS COM INCNEW+1.40M1.40M+$7M$7M
GXOGXO LOGISTICS INCORPORATEDNEW+148.2K148.2K+$7M$7M
MASIMO CORPNEW+34.0K34.0K+$6M$6M
POOLPOOL CORPNEW+16.5K16.5K+$6M$6M
RRGBRED ROBIN GOURMET BURGERS INNEW+222.2K222.2K+$3M$3M

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

Holdings — Q1 2023

45 positions (from 46 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JAZZJAZZ PHARMACEUTICALS PLChistory →SHS USD4.34%$20M134.9K
2HLITHARMONIC INChistory →COM4.09%$19M1.27M
3HURNHURON CONSULTING GROUP INChistory →COM3.80%$17M215.0K
4ASOACADEMY SPORTS & OUTDOORS INhistory →COM CL A3.73%$17M260.2K
5COCOVITA COCO CO INChistory →COM3.48%$16M806.5K
6ICFIICF INTL INChistory →COM3.47%$16M143.8K
7KBRKBR INChistory →COM3.35%$15M276.7K
8FIXCOMFORT SYS USA INChistory →COM3.26%$15M101.5K
9GDENGOLDEN ENTMT INChistory →COM3.18%$14M332.3K
10SPX CORPCOM3.14%$14M202.6K
11CALXCALIX INChistory →COM3.00%$14M255.1K
12IRMDIRADIMED CORPhistory →COM2.90%$13M335.4K
13CHDNCHURCHILL DOWNS INChistory →COM2.85%$13M50.4K
14STGWSTAGWELL INChistory →COM CL A2.74%$12M1.68M
15MGRCMCGRATH RENTCORPhistory →COM2.72%$12M132.8K
16FSSFEDERAL SIGNAL CORPhistory →COM2.71%$12M227.3K
17TOPBUILD CORPCOM2.67%$12M58.5K
18MMSIMERIT MED SYS INChistory →COM2.36%$11M145.1K
19OPCHOPTION CARE HEALTH INChistory →COM NEW2.30%$10M329.1K
20FWRGFIRST WATCH RESTAURANT GROUPhistory →COM2.28%$10M647.1K
21INDIINDIE SEMICONDUCTOR INChistory →CLASS A COM2.25%$10M970.2K
22JBTMJOHN BEAN TECHNOLOGIES CORPhistory →COM2.22%$10M92.4K
23SHYFT GROUP INCCOM2.17%$10M435.2K
24FTITECHNIPFMC PLChistory →COM2.13%$10M711.9K
25EXPOEXPONENT INChistory →COM2.03%$9M92.5K
26KNXKNIGHT SWIFT TRANSN HLDGS INhistory →CL A1.93%$9M155.3K
27LFUSLITTELFUSE INChistory →COM1.89%$9M32.1K
28CSLCARLISLE COS INChistory →COM1.87%$9M37.7K
29IWOISHARES TRRUS 2000 GRW ETF · RUSSELL 2000 ETF1.66%$8M37.6K
30CARPARTS COM INCCOM1.64%$7M1.40M
31GXOGXO LOGISTICS INCORPORATEDhistory →COMMON STOCK1.64%$7M148.2K
32MRC GLOBAL INCCOM1.46%$7M684.2K
33MASIMO CORPCOM1.38%$6M34.0K
34HLIOHELIOS TECHNOLOGIES INChistory →COM1.33%$6M92.7K
35PDPAGERDUTY INChistory →COM1.33%$6M172.8K
36POWERSCHOOL HOLDINGS INCCOM CL A1.27%$6M292.2K
37VECOVEECO INSTRUMENTS INChistory →COM1.27%$6M272.6K
38BJRIBJS RESTAURANTS INChistory →COM1.24%$6M194.4K
39MATXMATSON INChistory →COM1.24%$6M94.7K
40POOLPOOL CORPhistory →COM1.24%$6M16.5K
41CALCALERES INChistory →COM1.20%$5M252.1K
42SEISOLARIS OILFIELD INFRSTR INChistory →COM CL A1.14%$5M610.0K
43LTRXLANTRONIX INCCOM NEW0.96%$4M1.00M
44RRGBRED ROBIN GOURMET BURGERS INCOM0.70%$3M222.2K
45MMSMAXIMUS INCCOM0.46%$2M26.8K

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 ↗.