SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Catawba River Capital

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

Reported Value
$225M
Q4 2025
Positions
22
Filings on Record
28
2019–present window
Filed
Feb 5, 2026
original filing

Summary

Catawba River Capital reported $225M in U.S.-listed holdings across 22 positions for Q4 2025.

Its largest position, GQ9, represents 12.8% of the portfolio.

Compared with Q3 2025, the fund opened 4 new positions and exited 2.

Portfolio Metrics

Turnover
+8.8%
vs prior filed quarter
Top-10 Concentration
+78.0%
share of reported value
Largest Position
+12.8%
Spdr Gold Shares
New / Exited
4 / 2
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: 78.6%ETP: 18.3%Closed-End Fund: 3.1%
  • Common Stock · 78.6% · $177M
  • ETP · 18.3% · $41M
  • Closed-End Fund · 3.1% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPXCSPX TechnologiesNEW+38.2K38.2K+$8M$8M
GPGIComposecure IncNEW+30.2K30.2K+$582,738$582,738
DFAWDIMENSIONAL WORLD EQUITY ETFNEW+3.5K3.5K+$261,132$261,132
DFACDIMENSIONAL U.S. CORE EQUITY 2 ETFNEW+5.3K5.3K+$211,032$211,032
BXCBLUELINX HLDGS INC COM NEWSOLD OUT−101.7K0−$7M$0
GREENLIGHT CAPITAL RE LTD CLASS ASOLD OUT−200.2K0−$3M$0
IAU*ISHARES GOLD TRUSTHELD−4158.7K+$43,284$710,075
DOUBLELINE OPPORTUNISTIC CR FD COMHELD+10.3K257.6K+$75,910$4M

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

Holdings — Q4 2025

22 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GQ9SPDR GOLD SHAREShistory →ETF12.83%$29M72.8K
2ROADCONSTRUCTION PARTNERS INC COM CL Ahistory →Stock10.79%$24M223.5K
3REGNREGENERON PHARMACEUTICALS COMhistory →Stock10.08%$23M29.3K
4QXOQXO INC COM NEWhistory →Stock9.69%$22M1.13M
5CDRECADRE HOLDINGShistory →Stock8.35%$19M459.3K
6PRMPERIMETER SOLUTIONS INC COMMON STOCKhistory →Stock7.36%$17M600.9K
7HEI/AHEICO CORP NEW CL Ahistory →Stock5.98%$13M53.3K
8FIDELITY TOTAL BOND ETFETF4.95%$11M241.5K
9DHRDANAHER CORPORATION COMhistory →Stock4.09%$9M40.2K
10SCISERVICE CORP INTL COMhistory →Stock3.91%$9M112.6K
11CWSTCASELLA WASTE SYS INC CL Ahistory →Stock3.74%$8M85.9K
12SPXCSPX Technologieshistory →Stock3.40%$8M38.2K
13FSVFIRSTSERVICE CORP NEW COMhistory →Stock3.39%$8M48.9K
14ROPROPER TECHNOLOGIES INC COMhistory →Stock2.90%$7M14.7K
15DSGRDISTRIBUTION SOLUTIONS GRP INC COMhistory →Stock2.71%$6M222.5K
16FLLFULL HSE RESORTS INC COMhistory →Stock1.93%$4M1.66M
17DOUBLELINE OPPORTUNISTIC CR FD COMCEF1.75%$4M257.6K
18PDIPIMCO DYNAMIC INCOME FD SHShistory →CEF1.38%$3M175.1K
19IAU*ISHARES GOLD TRUSTETF0.32%$710,0758.7K
20GPGIComposecure IncStock0.26%$582,73830.2K
21DFAWDIMENSIONAL WORLD EQUITY ETFETF0.12%$261,1323.5K
22DFACDIMENSIONAL U.S. CORE EQUITY 2 ETFETF0.09%$211,0325.3K

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 ↗.