SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Raging Capital Management, LLC

CIK 0001444376 · TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL, NJ, 08553-0228 · 6099100954

Reported Value
$103M
Q3 2020
Positions
13
Filings on Record
11
2019–present window
Filed
Nov 16, 2020
original filing

Summary

Raging Capital Management, LLC reported $103M in U.S.-listed holdings across 13 positions for Q3 2020.

The portfolio is heavily concentrated: IMMR alone accounts for 28.0% of reported value.

Compared with Q2 2020, the fund opened 2 new positions and exited 3.

Portfolio Metrics

Turnover
+12.4%
vs prior filed quarter
Top-10 Concentration
+97.7%
share of reported value
Largest Position
+28.0%
Immersion
New / Exited
2 / 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: $689MQ1 ’19Q2 ’19: $592MQ3 ’19: $620MQ3 ’19Q4 ’19: $576MQ1 ’20: $132MQ1 ’20Q2 ’20: $118MQ3 ’20: $103MQ3 ’20Q4 ’20: $70MQ1 ’21: $52MQ1 ’21Q2 ’21: $42MQ3 ’21: $18MQ3 ’21filingsflow.com

Portfolio Composition

By security type
Common Stock: 78.7%MLP: 16.8%Other: 4.5%
  • Common Stock · 78.7% · $81M
  • MLP · 16.8% · $17M
  • Other · 4.5% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
OSGAMBAC FINL GROUP INCNEW+465.9K465.9K+$6M$6M
CNXCNX RES CORPNEW+465.8K465.8K+$4M$4M
CNX MIDSTREAM PARTNERS LPSOLD OUT857.3K0$6M$0
SCORPIO BULKERS INCSOLD OUT332.4K0$5M$0
APGAPI GROUP CORPSOLD OUT233.3K0$3M$0
RADCOM LTDTRIMMED288.6K143.8K$2M$1M
PKEPARK AEROSPACE CORPTRIMMED517.4K639.0K$6M$7M
NAM TAI PPTY INCTRIMMED76.5K352.1K+$617,000$3M

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

Holdings — Q3 2020

11 positions (from 12 filing rows — )
#IssuerClass% PortfolioValueShares
1IMMRIMMERSION CORPhistory →COM28.01%$29M4.11M
2LIBERTY MEDIA CORP DELCOM A SIRIUSXM · COM C SIRIUSXM12.10%$13M377.5K
3CASTLIGHT HEALTH INCCL B11.01%$11M10.08M
4BPOPPOPULAR INChistory →COM NEW10.81%$11M308.3K
5ETENERGY TRANSFER LPhistory →COM UT LTD PTN10.69%$11M2.04M
6PKEPARK AEROSPACE CORPhistory →COM6.75%$7M639.0K
7OSGAMBAC FINL GROUP INChistory →COM NEW5.75%$6M465.9K
8CVR PARTNERS LPCOM5.18%$5M6.18M
9CNXCNX RES CORPhistory →COM4.25%$4M465.8K
10NAM TAI PPTY INCSHS3.19%$3M352.1K
11RADCOM LTDSHS NEW1.30%$1M143.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2021$18M3Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$42M3Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$52M4May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$70M4Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$103M13Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$118M14Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$132M20May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$576M32Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$620M48Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$592M40Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$689M45May 15, 201913F-HRchanges · 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 ↗.