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Nierenberg Investment Management Company, LLC

Q4 2025 · Filed 2026-02-13
Market Value
$197M
+11.1%
Holdings
48
+5
New Purchases
9
Added To
5
Closed
6
Reduced
2
Top 10 Concentration
89.9%
Turnover
31.2%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SGOV 32.58% 0.00% +32.58% $64M
RKT 13.11% 0.00% +13.11% $26M
CRTO 9.28% 5.40% +3.88% $18M
FCN 0.83% 0.00% +0.83% $2M
VRT 0.57% 0.00% +0.57% $1M
TNDM 0.50% 0.00% +0.50% $979K
GLRE 0.41% 0.00% +0.41% $810K
BKD 2.24% 1.95% +0.29% $4M
PLAB 0.10% 0.00% +0.10% $203K
TTEC 0.10% 0.00% +0.10% $200K
BFH 0.58% 0.48% +0.09% $1M
KBR 1.50% 1.43% +0.07% $3M
HOPE 0.07% 0.00% +0.07% $138K
SEB 0.64% 0.59% +0.06% $1M
CNXC 1.36% 1.31% +0.05% $3M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
PBPB 0.00% 28.58% -28.58% $0
COOP 0.00% 14.96% -14.96% $0
LYFT 7.98% 10.08% -2.09% $16M
EQT 14.48% 16.44% -1.96% $29M
MTCH 0.00% 1.13% -1.13% $0
RVSB 5.17% 6.14% -0.97% $10M
TPC 0.00% 0.91% -0.91% $0
RRC 0.00% 0.63% -0.63% $0
PLPC 0.00% 0.50% -0.50% $0
GDOT 2.20% 2.56% -0.36% $4M
ARHS 0.09% 0.35% -0.27% $172K
CLFD 0.24% 0.32% -0.08% $481K
HLX 0.40% 0.46% -0.06% $780K
EXE 0.87% 0.93% -0.06% $2M
OSK 0.37% 0.42% -0.05% $722K

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 6 $122M 61.6%
Mid Cap 13 $31M 15.5%
Small Cap 21 $34M 17.3%
Micro Cap 8 $11M 5.6%

Portfolio Analytics

Avg Market Cap
$8.6B
Median Market Cap
$1.5B
Avg P/E
34.4
Median P/E
18.2
Avg Dividend Yield
0.01%
Avg Beta
1.16
# Stocks
47
# ETFs / Funds
1

Top Holdings (48 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SGOV 32.58% 640,597 $64M $100.38 +640,597 NEW
2 EQT 14.48% 533,363 $29M $53.60 -$624K -3,330 -0.6%
3 RKT 13.11% 1,336,631 $26M $19.36 +1,336,631 NEW
4 CRTO 9.28% 888,888 $18M $20.61 $9M +463,929 +109.2%
5 LYFT 7.98% 813,555 $16M $19.37 -$2M
6 RVSB 5.17% 2,032,775 $10M $5.02 -$711K
7 BKD 2.24% 410,110 $4M $10.79 $951K
8 GDOT 2.20% 339,110 $4M $12.81 -$210K
9 KBR 1.50% 73,710 $3M $40.20 $423K +20,000 +37.2%
10 CNXC 1.36% 64,480 $3M $41.58 $351K +14,000 +27.7%
11 ECVT 1.13% 228,810 $2M $9.73 $222K
12 DHC 1.12% 456,110 $2M $4.85 $201K
13 EXE 0.87% 15,555 $2M $110.36 $64K
14 FCN 0.83% 9,555 $2M $170.83 +9,555 NEW
15 DXC 0.76% 102,510 $2M $14.65 $145K +2,955 +3.0%
16 SEB 0.64% 286 $1M $4,444.82 $228K
17 BFH 0.58% 15,380 $1M $74.03 $281K
18 VRT 0.57% 7,000 $1M $162.01 +7,000 NEW
19 TNDM 0.50% 44,555 $979K $21.98 +44,555 NEW
20 GLRE 0.41% 55,555 $810K $14.58 +55,555 NEW
21 HLX 0.40% 124,450 $780K $6.27 -$36K
22 OIS 0.38% 111,555 $755K $6.77 $79K
23 TTGT 0.37% 136,910 $739K $5.40 $91K +25,355 +22.7%
24 OSK 0.37% 5,750 $722K $125.63 -$23K
25 CLFD 0.24% 16,510 $481K $29.15 -$86K
26 FLR 0.13% 6,555 $260K $39.63 -$16K
27 GIFI 0.11% 17,555 $210K $11.97 $87K
28 PLAB 0.10% 6,330 $203K $32.00 +6,330 NEW
29 TTEC 0.10% 55,555 $200K $3.60 +55,555 NEW
30 ARHS 0.09% 15,310 $172K $11.21 -$459K -44,000 -74.2%
31 HOPE 0.07% 12,555 $138K $10.96 +12,555 NEW
32 WNC 0.06% 12,555 $109K $8.65 -$15K
33 OSUR 0.05% 44,555 $108K $2.42 -$35K
34 FORR 0.05% 11,555 $94K $8.12 -$29K
35 ACH 0.04% 27,555 $77K $2.80 -$55K
36 CTMX 0.03% 12,555 $53K $4.26 $13K
37 EB 0.03% 11,555 $51K $4.45 $22K
38 SCYX 0.02% 75,555 $48K $0.63 -$10K
39 TALK 0.02% 11,555 $42K $3.63 $10K
40 WTI 0.01% 13,555 $22K $1.63 -$3K
41 NNBR 0.01% 13,555 $17K $1.28 -$11K
42 OLPX 0.01% 12,555 $17K $1.34 $377
43 TPC —% -$2M -24,680 -100.0% SOLD
44 RRC —% -$1M -29,555 -100.0% SOLD
45 COOP —% -$27M -126,121 -100.0% SOLD
46 MTCH —% -$2M -56,680 -100.0% SOLD
47 PBPB —% -$51M -2,980,564 -100.0% SOLD
48 PLPC —% -$893K -4,555 -100.0% SOLD

Options Breakdown

3 Calls $2M Call Value 10 Puts $5M Put Value 2.27 P/C Ratio

Top Calls

SymbolSharesValueStatus
EXE 14,000 $2M
CNXC 20,000 $832K NEW
BRY $0 SOLD

Top Puts

SymbolSharesValueStatus
GEV 7,600 $5M
ACH 150,000 $420K
NVDA $0 SOLD
CEG $0 SOLD
ETN $0 SOLD
ANET $0 SOLD
SPY $0 SOLD
VRT $0 SOLD
AVGO $0 SOLD
QQQ $0 SOLD

New Positions

SymbolValue% Port
SGOV $64M 32.58%
RKT $26M 13.11%
FCN $2M 0.83%
VRT $1M 0.57%
TNDM $979K 0.50%
GLRE $810K 0.41%
PLAB $203K 0.10%
TTEC $200K 0.10%
HOPE $138K 0.07%

Sold Out Positions

SymbolValue% Port
RRC —%
TPC —%
MTCH —%
PLPC —%
COOP —%
PBPB —%
View SEC EDGAR Filings for Nierenberg Investment Management Company, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms