SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Riverwater Partners LLC

CIK 0001882572 · 1433 N. WATER STREET, SUITE 303, MILWAUKEE, WI, 53202 · 414-232-7957

Reported Value
$127M
Q4 2023
Positions
196
Filings on Record
18
2019–present window
Filed
Jan 5, 2024
original filing

Summary

Riverwater Partners LLC reported $127M in U.S.-listed holdings across 196 positions for Q4 2023.

Its largest position, Trust For Professional Manag, represents 9.2% of the portfolio.

Compared with Q3 2023, the fund opened 27 new positions and exited 17.

Portfolio Metrics

Turnover
+7.1%
vs prior filed quarter
Top-10 Concentration
+26.7%
share of reported value
Largest Position
+9.2%
Trust For Professional Manag
New / Exited
27 / 17
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 ’21: $113MQ4 ’21Q1 ’22: $61MQ2 ’22: $99MQ3 ’22: $100MQ3 ’22Q4 ’22: $117MQ1 ’23: $109MQ2 ’23: $113MQ2 ’23Q3 ’23: $110MQ4 ’23: $127MQ1 ’24: $136MQ1 ’24Q2 ’24: $135MQ3 ’24: $201MQ4 ’24: $206MQ4 ’24Q1 ’25: $195MQ2 ’25: $212MQ3 ’25: $241MQ3 ’25Q4 ’25: $258MQ1 ’26: $300Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 72.8%ETP: 18.8%Other: 6.2%ADR: 1.3%REIT: 0.7%Other: 0.3%
  • Common Stock · 72.8% · $92M
  • ETP · 18.8% · $24M
  • Other · 6.2% · $8M
  • ADR · 1.3% · $2M
  • REIT · 0.7% · $870,046
  • Other · 0.3% · $383,009

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KCCAKRANESHARES TRNEW+20.9K20.9K+$630,208$630,208
ISHARES TRNEW+2.7K2.7K+$548,696$548,696
ISHARES TRNEW+3.8K3.8K+$414,796$414,796
HDSNHUDSON TECHNOLOGIES INCNEW+27.4K27.4K+$369,181$369,181
TCMDTACTILE SYS TECHNOLOGY INCNEW+25.4K25.4K+$363,706$363,706
METAMETA PLATFORMS INCNEW+1.0K1.0K+$355,730$355,730
ISHARES TRNEW+2.2K2.2K+$348,871$348,871
CRMSALESFORCE INCNEW+1.2K1.2K+$305,242$305,242

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

Holdings — Q4 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TRUST FOR PROFESSIONAL MANAGCONVERGENCE LNG9.22%$12M685.7K
2ISHARES TREAFE VALUE ETF4.22%$5M102.7K
3TECNOGLASS INCORD SHS1.90%$2M52.5K
4LMNRLIMONEIRA COhistory →COM1.80%$2M110.8K
5AGMFEDERAL AGRIC MTG CORPhistory →CL C1.72%$2M11.4K
6ATKRATKORE INChistory →COM1.67%$2M13.2K
7VECOVEECO INSTRS INC DELhistory →COM1.60%$2M65.4K
8GOOGLALPHABET INChistory →CAP STK CL A1.57%$2M14.3K
9WEAWESTERN ALLIANCE BANCORPhistory →COM1.51%$2M29.2K
10ICFIICF INTL INChistory →COM1.47%$2M13.9K
11KRBNUSDKRANESHARES TRhistory →GLOBAL CARB STRA1.39%$2M48.2K
12GKDGRAND CANYON ED INChistory →COM1.31%$2M12.6K
13IDIINTERDIGITAL INChistory →COM1.16%$1M13.6K
14MSFTMICROSOFT CORPhistory →COM1.14%$1M3.8K
15EVREVERCORE INChistory →CLASS A1.13%$1M8.4K
16MODMODINE MFG COhistory →COM1.11%$1M23.5K
17HAEHAEMONETICS CORP MASShistory →COM1.06%$1M15.8K
18SCHWSCHWAB CHARLES CORPhistory →COM1.06%$1M19.6K
19CNXCNX RES CORPhistory →COM1.03%$1M65.0K
20BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.00%$1M3.6K
21SJMSMUCKER J M COCOM NEW0.96%$1M9.7K
22LECOLINCOLN ELEC HLDGS INCCOM0.96%$1M5.6K
23CIENCIENA CORPCOM NEW0.92%$1M26.0K
24UNHUNITEDHEALTH GROUP INCCOM0.91%$1M2.2K
25CROXCROCS INCCOM0.78%$992,10810.6K
26PNWPINNACLE WEST CAP CORPCOM0.77%$974,51413.6K
27CFRCULLEN FROST BANKERS INCCOM0.75%$954,9478.8K
28TMOTHERMO FISHER SCIENTIFIC INCCOM0.75%$951,7061.8K
29JLLJONES LANG LASALLE INCCOM0.74%$935,8515.0K
30CSLCARLISLE COS INCCOM0.74%$932,9163.0K
31PGRPROGRESSIVE CORPCOM0.73%$926,3815.8K
32AAPLAPPLE INCCOM0.73%$924,1444.8K
33DGXQUEST DIAGNOSTICS INCCOM0.73%$920,5226.7K
34PLXSPLEXUS CORPCOM0.71%$894,9928.3K
35FISVFISERV INCCOM0.70%$893,0836.7K
36STERIS PLCSHS USD0.70%$887,7544.0K
37CGCARLYLE GROUP INCCOM0.69%$876,17821.5K
38AZZAZZ INCCOM0.68%$857,75714.8K
39BJBJS WHSL CLUB HLDGS INCCOM0.68%$856,44812.8K
40CHARLES RIV LABS INTL INCCOM0.67%$852,6953.6K
41TALOTALOS ENERGY INCCOM0.63%$798,07556.1K
42FERGUSON PLC NEWSHS0.63%$796,9934.1K
43VVISA INCCOM CL A0.62%$787,2983.0K
44LEUCENTRUS ENERGY CORPCL A0.56%$715,60013.2K
45SYYSYSCO CORPCOM0.55%$698,3929.6K
46IRDMIRIDIUM COMMUNICATIONS INCCOM0.55%$690,95316.8K
47MUMICRON TECHNOLOGY INCCOM0.54%$679,5628.0K
48ICEINTERCONTINENTAL EXCHANGE INCOM0.53%$673,8725.2K
49AAAUGOLDMAN SACHS PHYSICAL GOLDUNIT0.53%$670,75932.8K
50AMKRAMKOR TECHNOLOGY INCCOM0.53%$669,62520.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$300M213May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025$258M212Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$241M217Oct 31, 202513F-HRchanges · EDGAR ↗
Q2 2025$212M202Aug 1, 202513F-HRchanges · EDGAR ↗
Q1 2025$195M202Apr 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$206M212Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$201M206Oct 22, 202413F-HRchanges · EDGAR ↗
Q2 2024$135M186Jul 19, 202413F-HRchanges · EDGAR ↗
Q1 2024$136M187Apr 19, 202413F-HRchanges · EDGAR ↗
Q4 2023$127M196Jan 5, 202413F-HRchanges · EDGAR ↗
Q3 2023$110M186Oct 18, 202313F-HRchanges · EDGAR ↗
Q2 2023$113M188Jul 18, 202313F-HRchanges · EDGAR ↗
Q1 2023$109M187Apr 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$117M199Jan 12, 202313F-HRchanges · EDGAR ↗
Q3 2022$100M187Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$99M190Aug 5, 202213F-HRchanges · EDGAR ↗
Q1 2022$61M103May 2, 202213F-HRchanges · EDGAR ↗
Q4 2021$113M211Jan 31, 202213F-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 ↗.