SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Catawba River Capital

CIK 0001843303 · 4100 CHARLOTTE HIGHWAY, LAKE WYLIE, SC, 29710 · 803-831-0911

Reported Value
$164M
Q1 2025
Positions
19
Filings on Record
28
2019–present window
Filed
Apr 29, 2025
original filing

Summary

Catawba River Capital reported $164M in U.S.-listed holdings across 19 positions for Q1 2025.

Its largest position, ROAD, represents 13.5% of the portfolio.

Compared with Q4 2024, the fund opened 2 new positions and exited 1.

Portfolio Metrics

Turnover
+9.2%
vs prior filed quarter
Top-10 Concentration
+73.2%
share of reported value
Largest Position
+13.5%
Construction Partners
New / Exited
2 / 1
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. 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
Q4 ’20: $145MQ4 ’20Q1 ’21: $149MQ2 ’21: $159MQ3 ’21: $159MQ3 ’21Q4 ’21: $165MQ1 ’22: $151MQ2 ’22: $76MQ2 ’22Q3 ’22: $84MQ4 ’22: $95MQ1 ’23: $110MQ1 ’23Q2 ’23: $125MQ3 ’23: $125MQ4 ’23: $142MQ4 ’23Q1 ’24: $172MQ2 ’24: $165MQ3 ’24: $158MQ3 ’24Q4 ’24: $168MQ1 ’25: $164MQ2 ’25: $197MQ2 ’25Q3 ’25: $220MQ4 ’25: $225MQ1 ’26: $208MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 86.0%ETP: 14.0%
  • Common Stock · 86.0% · $141M
  • ETP · 14.0% · $23M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
QXOQXO INCNEW+490.1K490.1K+$7M$7M
FIDELITY MERRIMACK STR TRNEW+33.6K33.6K+$2M$2M
TRNSTRANSCAT INCSOLD OUT−67.3K0−$7M$0
REGNREGENERON PHARMACEUTICALSHELD+3919.7K−$476,696$6M
FLLFULL HSE RESORTS INCHELD−60.9K1.50M−$98,321$6M
DSGRDISTRIBUTION SOLUTIONS GRP IHELD+6.3K188.0K−$985,130$5M
IAU*ISHARES GOLD TRHELD−2009.2K+$76,688$540,250
DHRDANAHER CORPORATIONHELD+59428.7K−$568,484$6M

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

Holdings — Q1 2025

19 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ROADCONSTRUCTION PARTNERS INChistory →COM CL A13.53%$22M309.4K
2GQ9SPDR GOLD TRhistory →GOLD SHS12.69%$21M72.4K
3CDRECADRE HLDGS INChistory →COM8.20%$13M455.1K
4HEI/AHEICO CORP NEWhistory →CL A6.90%$11M53.7K
5WCNWASTE CONNECTIONS INChistory →COM5.74%$9M48.3K
6TYLTYLER TECHNOLOGIES INChistory →COM5.65%$9M16.0K
7CWSTCASELLA WASTE SYS INChistory →CL A5.49%$9M80.9K
8SCISERVICE CORP INTLhistory →COM5.38%$9M110.3K
9ROPROPER TECHNOLOGIES INChistory →COM4.92%$8M13.7K
10FSVFIRSTSERVICE CORP NEWhistory →COM4.68%$8M46.4K
11QXOQXO INChistory →COM NEW4.04%$7M490.1K
12FLLFULL HSE RESORTS INChistory →COM3.82%$6M1.50M
13REGNREGENERON PHARMACEUTICALShistory →COM3.73%$6M9.7K
14PRMPERIMETER SOLUTIONS INChistory →COMMON STOCK3.69%$6M603.1K
15DHRDANAHER CORPORATIONhistory →COM3.58%$6M28.7K
16CTOSCUSTOM TRUCK ONE SOURCE INChistory →COM CL A3.51%$6M1.37M
17DSGRDISTRIBUTION SOLUTIONS GRP Ihistory →COM3.20%$5M188.0K
18FIDELITY MERRIMACK STR TRTOTAL BD ETF0.93%$2M33.6K
19IAU*ISHARES GOLD TRISHARES NEW0.33%$540,2509.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$208M24May 11, 202613F-HRchanges · EDGAR ↗
Q4 2025$225M22Feb 5, 202613F-HRchanges · EDGAR ↗
Q3 2025$220M20Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$197M18Jul 29, 202513F-HRchanges · EDGAR ↗
Q1 2025$164M19Apr 29, 202513F-HRchanges · EDGAR ↗
Q4 2024$168M18Jan 29, 202513F-HRchanges · EDGAR ↗
Q3 2024$158M18Oct 18, 202413F-HRchanges · EDGAR ↗
Q2 2024$165M20Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$172M19May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$142M18Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$125M20Nov 16, 2023RESTATEMENTchanges · EDGAR ↗
Q2 2023$125M20Jul 27, 202313F-HRchanges · EDGAR ↗
Q1 2023$110M21May 2, 202313F-HRchanges · EDGAR ↗
Q4 2022$95M19Feb 14, 2023RESTATEMENTchanges · EDGAR ↗
Q3 2022$84M16Oct 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$76M15Jul 28, 202213F-HRchanges · EDGAR ↗
Q1 2022$151M25Apr 25, 202213F-HRchanges · EDGAR ↗
Q4 2021$165M26Jan 31, 202213F-HRchanges · EDGAR ↗
Q3 2021$159M27Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021$159M27Jul 23, 202113F-HRchanges · EDGAR ↗
Q1 2021REVEALED$149M28Apr 21, 202113F-HRchanges · EDGAR ↗
Q4 2020$145M31Feb 2, 202113F-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 ↗.