Nierenberg Investment Management 13F, Q1 2025
David Nierenberg · quarter ending 31 March 2025 · filed 13 May 2025 · SEC CIK 1282683
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 10 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q1 2025
The 25 largest of 47 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2024 filing.
| Company | Ticker | Value | % of book | vs Q4 2024 |
|---|---|---|---|---|
| MR COOPER GROUP INC | $40.34M | 23.6% | -7% shares | |
| EQT CORP | EQT | $28.68M | 16.8% | unchanged |
| POTBELLY CORP | $28.35M | 16.6% | unchanged | |
| CANTALOUPE INC | UTE0 | $19.42M | 11.3% | -7% shares |
| CRITEO S A | CRTO | $9.44M | 5.5% | +295% shares |
| RIVERVIEW BANCORP INC | RVSB | $9.23M | 5.4% | +27% shares |
| ADTRAN HOLDINGS INC | ADTN | $3.79M | 2.2% | +27% shares |
| CONCENTRIX CORP | CNXC | $3.59M | 2.1% | unchanged |
| KBR INC | KBR | $2.68M | 1.6% | +6% shares |
| BROOKDALE SR LIVING INC | BKD | $2.57M | 1.5% | +156% shares |
| EXPAND ENERGY CORPORATION | EXE | $2.18M | 1.3% | unchanged |
| MATCH GROUP INC NEW | MTCH | $1.79M | 1.0% | unchanged |
| TUTOR PERINI CORP | TPC | $1.55M | 0.9% | unchanged |
| ECOVYST INC | ECVT | $1.42M | 0.8% | unchanged |
| BREAD FINANCIAL HOLDINGS INC | $1.39M | 0.8% | new | |
| CLEARFIELD INC | CLFD | $1.20M | 0.7% | -2% shares |
| RANGE RES CORP | RRC | $1.18M | 0.7% | unchanged |
| DIVERSIFIED HEALTHCARE TR | DHC | $1.09M | 0.6% | unchanged |
| HOPE BANCORP INC | HOPE | $1.04M | 0.6% | unchanged |
| HELIX ENERGY SOLUTIONS GRP I | HLX | $1.03M | 0.6% | unchanged |
| FLUSHING FINL CORP | FL8 | $984.9K | 0.6% | unchanged |
| SEABOARD CORP DEL | SEB | $771.4K | 0.5% | new |
| SUPERIOR INDS INTL INC | $710.5K | 0.4% | +159% shares | |
| GREEN DOT CORP | GDOT | $654.6K | 0.4% | new |
| GULF IS FABRICATION INC | GIFI | $643.1K | 0.4% | -36% shares |
What changed since Q4 2024
Against the Q4 2024 filing, Nierenberg Investment Management opened 7 new positions, added to 7, trimmed 6, left 27 unchanged and exited 6. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
Exited
Added to
Other quarters
Source: SEC Form 13F-HR, accession 0001941040-25-000290, 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.