Nierenberg Investment Management 13F, Q4 2023
David Nierenberg · quarter ending 31 December 2023 · filed 14 February 2024 · SEC CIK 1282683
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 9 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q4 2023
The 25 largest of 37 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2023 filing.
| Company | Ticker | Value | % of book | vs Q3 2023 |
|---|---|---|---|---|
| MR COOPER GROUP INC | $41.21M | 26.1% | unchanged | |
| POTBELLY CORP | $29.49M | 18.7% | +4% shares | |
| CANTALOUPE INC | UTE0 | $19.57M | 12.4% | unchanged |
| EQT CORP | EQT | $18.43M | 11.7% | unchanged |
| FLUOR CORP NEW | FLR | $17.02M | 10.8% | -17% shares |
| FLOTEK INDS INC DEL | FTK | $4.89M | 3.1% | +6% shares |
| SP PLUS CORP | $2.00M | 1.3% | unchanged | |
| CONCENTRIX CORP | CNXC | $1.96M | 1.2% | unchanged |
| DIVERSIFIED HEALTHCARE TR | DHC | $1.75M | 1.1% | unchanged |
| KBR INC | KBR | $1.70M | 1.1% | unchanged |
| CLEARFIELD INC | CLFD | $1.62M | 1.0% | +353% shares |
| HELEN OF TROY LTD | $1.58M | 1.0% | +18% shares | |
| ECOVYST INC | ECVT | $1.35M | 0.9% | +9% shares |
| SOUTHWESTERN ENERGY CO | SWN1EUR | $1.31M | 0.8% | -10% shares |
| PREMIER INC | $1.27M | 0.8% | unchanged | |
| HELIX ENERGY SOLUTIONS GRP I | HLX | $1.26M | 0.8% | -21% shares |
| MATRIX SVC CO | MTRX | $1.20M | 0.8% | -45% shares |
| SONOS INC | SONO | $1.16M | 0.7% | new |
| TUTOR PERINI CORP | TPC | $933.8K | 0.6% | -11% shares |
| FIRST FNDTN INC | FFWM | $905.6K | 0.6% | +39% shares |
| RANGE RES CORP | RRC | $899.7K | 0.6% | -38% shares |
| APPLOVIN CORP | APP | $779.3K | 0.5% | unchanged |
| SUPERIOR INDS INTL INC | $736.4K | 0.5% | unchanged | |
| ARHAUS INC | ARHS | $702.8K | 0.5% | unchanged |
| BREAD FINANCIAL HOLDINGS INC | BFH | $698.7K | 0.4% | unchanged |
What changed since Q3 2023
Against the Q3 2023 filing, Nierenberg Investment Management opened 7 new positions, added to 7, trimmed 6, left 17 unchanged and exited 3. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
Added to
Other quarters
Source: SEC Form 13F-HR, accession 0001941040-24-000141, filed by Nierenberg Investment Management Company, LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.