SEC 13F Intelligence

Managers / Q1 2024 · view latest →

RK Capital Management, LLC

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

Reported Value
$495M
Q1 2024
Positions
45
Filings on Record
24
2019–present window
Filed
May 14, 2024
original filing

Summary

Rk Capital Management, LLC reported $495M in U.S.-listed holdings across 45 positions for Q1 2024.

Its largest position, KBR, represents 5.2% of the portfolio.

Compared with Q4 2023, the fund opened 5 new positions and exited 8.

Portfolio Metrics

Turnover
+19.0%
vs prior filed quarter
Top-10 Concentration
+37.2%
share of reported value
Largest Position
+5.2%
Kbr
New / Exited
5 / 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: 96.8%Other: 3.2%
  • Common Stock · 96.8% · $479M
  • Other · 3.2% · $16M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CLBTCELLEBRITE DI LTDNEW+1.30M1.30M+$14M$14M
BVBRIGHTVIEW HLDGS INCNEW+705.0K705.0K+$8M$8M
PRIMO WATER CORPORATIONNEW+405.4K405.4K+$7M$7M
NBHCNATIONAL BANK HLDGS CORPNEW+94.9K94.9K+$3M$3M
PRPERMIAN RESOURCES CORPNEW+182.9K182.9K+$3M$3M
MMSMAXIMUS INCADDED+120.1K172.3K+$10M$14M
GTLSCHART INDUSTRIES INCADDED+76.7K126.9K+$14M$21M
POOLPOOL CORPSOLD OUT−33.3K0−$13M$0

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

Holdings — Q1 2024

45 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1KBRKBR INChistory →COM5.25%$26M407.9K
2GTLSCHART INDUSTRIES INChistory →COM4.22%$21M126.9K
3TOPBUILD CORPCOM4.02%$20M45.2K
4CSLCARLISLE COS INChistory →COM3.68%$18M46.5K
5FIXCOMFORT SYS USA INChistory →COM3.63%$18M56.6K
6MMSIMERIT MED SYS INChistory →COM3.52%$17M230.2K
7FSSFEDERAL SIGNAL CORPhistory →COM3.27%$16M191.0K
8KEXKIRBY CORPhistory →COM3.27%$16M169.9K
9JBTMJOHN BEAN TECHNOLOGIES CORPhistory →COM3.19%$16M150.8K
10HURNHURON CONSULTING GROUP INChistory →COM3.17%$16M162.7K
11ASOACADEMY SPORTS & OUTDOORS INhistory →COM CL A3.06%$15M224.4K
12CECOCECO ENVIRONMENTAL CORPhistory →COM3.02%$15M649.4K
13EPACENERPAC TOOL GROUP CORPhistory →CL A COM3.01%$15M417.7K
14MMSMAXIMUS INChistory →COM2.92%$14M172.3K
15CLBTCELLEBRITE DI LTDhistory →ORDINARY SHARES2.90%$14M1.30M
16ALGALAMO GROUP INChistory →COM2.85%$14M61.8K
17MATXMATSON INChistory →COM2.71%$13M119.4K
18JAZZJAZZ PHARMACEUTICALS PLChistory →SHS USD2.70%$13M110.8K
19IRMDIRADIMED CORPhistory →COM2.66%$13M299.2K
20VECOVEECO INSTRUMENTS INChistory →COM2.52%$12M355.2K
21ICFIICF INTL INChistory →COM2.24%$11M73.6K
22GXOGXO LOGISTICS INCORPORATEDhistory →COMMON STOCK2.16%$11M198.7K
23OPCHOPTION CARE HEALTH INChistory →COM NEW2.11%$10M311.6K
24BJRIBJS RESTAURANTS INChistory →COM1.98%$10M271.1K
25SPX CORPCOM1.97%$10M79.4K
26CHDNCHURCHILL DOWNS INChistory →COM1.93%$10M77.2K
27BVBRIGHTVIEW HLDGS INChistory →COM1.69%$8M705.0K
28USPHU.S. PHYSICAL THERAPY INChistory →COM1.61%$8M70.6K
29GDENGOLDEN ENTMT INChistory →COM1.58%$8M212.7K
30INDIINDIE SEMICONDUCTOR INChistory →CLASS A COM1.56%$8M1.09M
31GPIGROUP 1 AUTOMOTIVE INChistory →COM1.55%$8M26.2K
32FWRGFIRST WATCH RESTAURANT GROUPhistory →COM1.52%$8M306.3K
33PRIMO WATER CORPORATIONCOM1.49%$7M405.4K
34THRMGENTHERM INChistory →COM1.39%$7M119.6K
35SEISOLARIS OILFIELD INFRSTR INChistory →COM CL A1.35%$7M768.3K
36POWERSCHOOL HOLDINGS INCCOM CL A1.23%$6M286.5K
37FIVNFIVE9 INChistory →COM1.01%$5M80.2K
38VRRMVERRA MOBLITY CORPORATIONCL A COM STK0.99%$5M195.5K
39HDSNHUDSON TECHNOLOGIES INCCOM0.94%$5M420.9K
40HLITHARMONIC INCCOM0.92%$5M340.2K
41LSPDLIGHTSPEED COMMERCE INCSUB VTG SHS0.82%$4M288.6K
42NBHCNATIONAL BANK HLDGS CORPCL A COM0.69%$3M94.9K
43PRPERMIAN RESOURCES CORPCLASS A COM0.65%$3M182.9K
44LTRXLANTRONIX INCCOM NEW0.53%$3M733.4K
45RRGBRED ROBIN GOURMET BURGERS INCOM0.50%$2M325.0K

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 ↗.