SEC 13F Intelligence

Managers / Q2 2023 · view latest →

RK Capital Management, LLC

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

Reported Value
$466M
Q2 2023
Positions
47
Filings on Record
24
2019–present window
Filed
Aug 11, 2023
original filing

Summary

Rk Capital Management, LLC reported $466M in U.S.-listed holdings across 47 positions for Q2 2023.

Its largest position, FIX, represents 4.6% of the portfolio.

Compared with Q1 2023, the fund opened 4 new positions and exited 3.

Portfolio Metrics

Turnover
+14.5%
vs prior filed quarter
Top-10 Concentration
+35.9%
share of reported value
Largest Position
+4.6%
Comfort Sys USA
New / Exited
4 / 3
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: 92.0%Other: 5.5%ETP: 1.7%REIT: 0.8%
  • Common Stock · 92.0% · $428M
  • Other · 5.5% · $26M
  • ETP · 1.7% · $8M
  • REIT · 0.8% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CECOCECO ENVIRONMENTAL CORPNEW+647.3K647.3K+$9M$9M
SOLO BRANDS INCNEW+1.04M1.04M+$6M$6M
AGNCAGNC INVT CORPNEW+390.5K390.5K+$4M$4M
AGCOAGCO CORPNEW+22.7K22.7K+$3M$3M
CARPARTS COM INCSOLD OUT−1.40M0−$7M$0
CALCALERES INCSOLD OUT−252.1K0−$5M$0
MMSMAXIMUS INCSOLD OUT−26.8K0−$2M$0
BJRIBJS RESTAURANTS INCADDED+135.6K330.0K+$5M$10M

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

Holdings — Q2 2023

46 positions (from 47 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1FIXCOMFORT SYS USA INChistory →COM4.58%$21M129.8K
2HURNHURON CONSULTING GROUP INChistory →COM3.97%$19M217.9K
3JAZZJAZZ PHARMACEUTICALS PLChistory →SHS USD3.76%$18M141.4K
4HLITHARMONIC INChistory →COM3.72%$17M1.07M
5COCOVITA COCO CO INChistory →COM3.64%$17M631.8K
6FSSFEDERAL SIGNAL CORPhistory →COM3.42%$16M248.5K
7TOPBUILD CORPCOM3.30%$15M57.8K
8CSLCARLISLE COS INChistory →COM3.29%$15M59.7K
9ASOACADEMY SPORTS & OUTDOORS INhistory →COM CL A3.10%$14M267.2K
10CALXCALIX INChistory →COM3.08%$14M287.5K
11KBRKBR INChistory →COM3.08%$14M220.2K
12FTITECHNIPFMC PLChistory →COM3.00%$14M841.1K
13SPX CORPCOM2.96%$14M162.3K
14IRMDIRADIMED CORPhistory →COM2.95%$14M288.1K
15LFUSLITTELFUSE INChistory →COM2.60%$12M41.5K
16ICFIICF INTL INChistory →COM2.54%$12M95.2K
17INDIINDIE SEMICONDUCTOR INChistory →CLASS A COM2.49%$12M1.23M
18JBTMJOHN BEAN TECHNOLOGIES CORPhistory →COM2.38%$11M91.2K
19MMSIMERIT MED SYS INChistory →COM2.36%$11M131.5K
20GDENGOLDEN ENTMT INChistory →COM2.29%$11M255.3K
21BJRIBJS RESTAURANTS INChistory →COM2.25%$10M330.0K
22FWRGFIRST WATCH RESTAURANT GROUPhistory →COM2.14%$10M590.2K
23GXOGXO LOGISTICS INCORPORATEDhistory →COMMON STOCK2.11%$10M156.7K
24CHDNCHURCHILL DOWNS INChistory →COM2.06%$10M69.0K
25POOLPOOL CORPhistory →COM2.05%$10M25.4K
26VECOVEECO INSTRUMENTS INChistory →COM1.99%$9M361.5K
27MATXMATSON INChistory →COM1.99%$9M119.3K
28CECOCECO ENVIRONMENTAL CORPhistory →COM1.86%$9M647.3K
29STGWSTAGWELL INChistory →COM CL A1.83%$9M1.18M
30IWOISHARES TRRUS 2000 GRW ETF · RUSSELL 2000 ETF1.69%$8M36.9K
31KNXKNIGHT SWIFT TRANSN HLDGS INhistory →CL A1.65%$8M138.6K
32MRC GLOBAL INCCOM1.62%$8M751.7K
33HLIOHELIOS TECHNOLOGIES INChistory →COM1.46%$7M102.9K
34SHYFT GROUP INCCOM1.39%$6M292.7K
35MASIMO CORPCOM1.38%$6M39.0K
36OPCHOPTION CARE HEALTH INChistory →COM NEW1.31%$6M187.6K
37SOLO BRANDS INCCOM CL A1.27%$6M1.04M
38POWERSCHOOL HOLDINGS INCCOM CL A1.27%$6M308.0K
39RRGBRED ROBIN GOURMET BURGERS INhistory →COM1.02%$5M342.6K
40SEISOLARIS OILFIELD INFRSTR INCCOM CL A0.99%$5M555.5K
41MGRCMCGRATH RENTCORPCOM0.94%$4M47.5K
42AGNCAGNC INVT CORPCOM0.85%$4M390.5K
43LTRXLANTRONIX INCCOM NEW0.80%$4M890.0K
44AGCOAGCO CORPCOM0.64%$3M22.7K
45EXPOEXPONENT INCCOM0.61%$3M30.4K
46PDPAGERDUTY INCCOM0.33%$2M68.0K

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 ↗.