SEC 13F Intelligence

Managers / Q3 2023 · view latest →

RK Capital Management, LLC

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

Reported Value
$423M
Q3 2023
Positions
47
Filings on Record
24
2019–present window
Filed
Nov 13, 2023
original filing

Summary

Rk Capital Management, LLC reported $423M in U.S.-listed holdings across 47 positions for Q3 2023.

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

Compared with Q2 2023, the fund opened 8 new positions and exited 8.

Portfolio Metrics

Turnover
+16.8%
vs prior filed quarter
Top-10 Concentration
+35.9%
share of reported value
Largest Position
+4.3%
Jazz Pharmaceuticals
New / Exited
8 / 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: 94.7%Other: 4.4%REIT: 0.9%
  • Common Stock · 94.7% · $400M
  • Other · 4.4% · $18M
  • REIT · 0.9% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
THRMGENTHERM INCNEW+203.1K203.1K+$11M$11M
KEXKIRBY CORPNEW+101.6K101.6K+$8M$8M
EPACENERPAC TOOL GROUP CORPNEW+260.2K260.2K+$7M$7M
HDSNHUDSON TECHNOLOGIES INCNEW+479.9K479.9K+$6M$6M
GPIGROUP 1 AUTOMOTIVE INCNEW+21.3K21.3K+$6M$6M
CXMSPRINKLR INCNEW+398.5K398.5K+$6M$6M
ALGALAMO GROUP INCNEW+29.9K29.9K+$5M$5M
TSEMTOWER SEMICONDUCTOR LTDNEW+170.3K170.3K+$4M$4M

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

Holdings — Q3 2023

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JAZZJAZZ PHARMACEUTICALS PLChistory →SHS USD4.32%$18M140.9K
2HURNHURON CONSULTING GROUP INChistory →COM3.96%$17M160.5K
3TOPBUILD CORPCOM3.94%$17M66.2K
4FIXCOMFORT SYS USA INChistory →COM3.62%$15M89.7K
5CALXCALIX INChistory →COM3.42%$14M315.4K
6ASOACADEMY SPORTS & OUTDOORS INhistory →COM CL A3.36%$14M300.8K
7FSSFEDERAL SIGNAL CORPhistory →COM3.35%$14M237.0K
8CECOCECO ENVIRONMENTAL CORPhistory →COM3.34%$14M884.3K
9MMSIMERIT MED SYS INChistory →COM3.33%$14M204.1K
10SPX CORPCOM3.30%$14M171.3K
11COCOVITA COCO CO INChistory →COM3.17%$13M513.8K
12IRMDIRADIMED CORPhistory →COM3.16%$13M300.8K
13VECOVEECO INSTRUMENTS INChistory →COM2.82%$12M423.8K
14HLITHARMONIC INChistory →COM2.70%$11M1.19M
15KBRKBR INChistory →COM2.62%$11M187.8K
16THRMGENTHERM INChistory →COM2.61%$11M203.1K
17ICFIICF INTL INChistory →COM2.38%$10M83.2K
18CSLCARLISLE COS INChistory →COM2.28%$10M37.1K
19GXOGXO LOGISTICS INCORPORATEDhistory →COMMON STOCK2.18%$9M156.8K
20JBTMJOHN BEAN TECHNOLOGIES CORPhistory →COM2.17%$9M87.0K
21POOLPOOL CORPhistory →COM2.14%$9M25.4K
22FWRGFIRST WATCH RESTAURANT GROUPhistory →COM2.02%$9M492.5K
23KEXKIRBY CORPhistory →COM1.99%$8M101.6K
24MATXMATSON INChistory →COM1.97%$8M93.8K
25LFUSLITTELFUSE INChistory →COM1.93%$8M33.0K
26STGWSTAGWELL INChistory →COM CL A1.89%$8M1.71M
27OPCHOPTION CARE HEALTH INChistory →COM NEW1.89%$8M246.7K
28BJRIBJS RESTAURANTS INChistory →COM1.83%$8M329.1K
29CHDNCHURCHILL DOWNS INChistory →COM1.81%$8M65.9K
30SEISOLARIS OILFIELD INFRSTR INChistory →COM CL A1.75%$7M694.7K
31EPACENERPAC TOOL GROUP CORPhistory →CL A COM1.63%$7M260.2K
32HDSNHUDSON TECHNOLOGIES INChistory →COM1.51%$6M479.9K
33GDENGOLDEN ENTMT INChistory →COM1.43%$6M177.0K
34INDIINDIE SEMICONDUCTOR INChistory →CLASS A COM1.42%$6M954.9K
35GPIGROUP 1 AUTOMOTIVE INChistory →COM1.36%$6M21.3K
36MGRCMCGRATH RENTCORPhistory →COM1.31%$6M55.1K
37CXMSPRINKLR INChistory →CL A1.31%$6M398.5K
38ALGALAMO GROUP INChistory →COM1.23%$5M29.9K
39POWERSCHOOL HOLDINGS INCCOM CL A1.06%$4M197.4K
40TSEMTOWER SEMICONDUCTOR LTDSHS NEW0.99%$4M170.3K
41LTRXLANTRONIX INCCOM NEW0.93%$4M887.3K
42EXPOEXPONENT INCCOM0.92%$4M45.4K
43AGNCAGNC INVT CORPCOM0.91%$4M406.4K
44MASIMO CORPCOM0.80%$3M38.6K
45RRGBRED ROBIN GOURMET BURGERS INCOM0.74%$3M390.9K
46FTITECHNIPFMC PLCCOM0.65%$3M134.5K
47PDPAGERDUTY INCCOM0.58%$2M109.3K

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 ↗.