Managers / Q2 2020 · view latest →
Raging Capital Management, LLC
CIK 0001444376 · TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL, NJ, 08553-0228 · 6099100954
Summary
Raging Capital Management, LLC reported $118M in U.S.-listed holdings across 14 positions for Q2 2020.
The portfolio is heavily concentrated: IMMR alone accounts for 25.6% of reported value.
Compared with Q1 2020, the fund opened 4 new positions and exited 11.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 67.1% · $79M
- MLP · 18.5% · $22M
- Other · 14.4% · $17M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| CNX MIDSTREAM PARTNERS LP | NEW | +857.3K | 857.3K | +$6M | $6M |
| SCORPIO BULKERS INC | NEW | +332.4K | 332.4K | +$5M | $5M |
| APGAPI GROUP CORP | NEW | +233.3K | 233.3K | +$3M | $3M |
| LIBERTY MEDIA CORP DEL | NEW | +33.8K | 33.8K | +$1M | $1M |
| LIBERTY MEDIA CORP DEL | ADDED | +283.5K | 343.7K | +$10M | $12M |
| BMCHBMC STK HLDGS INC | SOLD OUT | −525.6K | 0 | −$9M | $0 |
| SCORPIO BULKERS INC | SOLD OUT | −332.4K | 0 | −$8M | $0 |
| SIRIUS XM HLDGS INC | SOLD OUT | −1.64M | 0 | −$8M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2020
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | IMMRIMMERSION CORPhistory → | COM | 25.58% | $30M | 4.83M |
| 2 | ETENERGY TRANSFER LPhistory → | COM UT LTD PTN | 12.35% | $15M | 2.04M |
| 3 | LIBERTY MEDIA CORP DEL | COM A SIRIUSXM · COM C SIRIUSXM | 11.07% | $13M | 377.5K |
| 4 | PKEPARK AEROSPACE CORPhistory → | COM | 10.95% | $13M | 1.16M |
| 5 | BPOPPOPULAR INChistory → | COM NEW | 9.74% | $11M | 308.3K |
| 6 | CASTLIGHT HEALTH INC | CL B | 7.35% | $9M | 10.42M |
| 7 | CVR PARTNERS LP | COM | 5.02% | $6M | 6.95M |
| 8 | CNX MIDSTREAM PARTNERS LP | COM UNIT REPST | 4.84% | $6M | 857.3K |
| 9 | RADCOM LTD | SHS NEW | 2.99% | $4M | 432.4K |
| 10 | APGAPI GROUP CORPhistory → | COM STK | 2.41% | $3M | 233.3K |
| 11 | NAM TAI PPTY INC | SHS | 2.28% | $3M | 428.6K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2021 | $18M | 3 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $42M | 3 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $52M | 4 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $70M | 4 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $103M | 13 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $118M | 14 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $132M | 20 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $576M | 32 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $620M | 48 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $592M | 40 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $689M | 45 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
Other Included Managers
This filing reports holdings on behalf of 1 additional manager.
- MARTIN WILLIAM C028-14728
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 ↗.