Nierenberg Investment Management 13F, Q2 2025
David Nierenberg · quarter ending 30 June 2025 · filed 11 August 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, Q2 2025
The 25 largest of 39 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| MR COOPER GROUP INC | $44.17M | 25.8% | -12% shares | |
| POTBELLY CORP | $36.51M | 21.3% | unchanged | |
| EQT CORP | EQT | $31.30M | 18.3% | unchanged |
| CRITEO S A | CRTO | $12.84M | 7.5% | +101% shares |
| RIVERVIEW BANCORP INC | RVSB | $10.66M | 6.2% | +19% shares |
| GREEN DOT CORP | GDOT | $3.66M | 2.1% | +337% shares |
| ADTRAN HOLDINGS INC | ADTN | $3.08M | 1.8% | -21% shares |
| BROOKDALE SR LIVING INC | BKD | $2.85M | 1.7% | unchanged |
| CONCENTRIX CORP | CNXC | $2.67M | 1.6% | -22% shares |
| KBR INC | KBR | $2.57M | 1.5% | unchanged |
| TUTOR PERINI CORP | TPC | $2.09M | 1.2% | -33% shares |
| ECOVYST INC | ECVT | $1.88M | 1.1% | unchanged |
| EXPAND ENERGY CORPORATION | EXE | $1.82M | 1.1% | -21% shares |
| MATCH GROUP INC NEW | MTCH | $1.75M | 1.0% | unchanged |
| DIVERSIFIED HEALTHCARE TR | DHC | $1.63M | 0.9% | unchanged |
| CLEARFIELD INC | CLFD | $1.50M | 0.9% | -15% shares |
| RANGE RES CORP | RRC | $1.20M | 0.7% | unchanged |
| HOPE BANCORP INC | HOPE | $1.07M | 0.6% | unchanged |
| BREAD FINANCIAL HOLDINGS INC | BFH | $878.5K | 0.5% | new |
| WABASH NATL CORP | WNC | $824.4K | 0.5% | +40% shares |
| SEABOARD CORP DEL | SEB | $818.3K | 0.5% | unchanged |
| HELIX ENERGY SOLUTIONS GRP I | HLX | $776.6K | 0.5% | unchanged |
| PREFORMED LINE PRODS CO | PLPC | $727.9K | 0.4% | unchanged |
| LYFT INC | LYFT | $670.7K | 0.4% | new |
| OSHKOSH CORP | OSK | $652.9K | 0.4% | unchanged |
What changed since Q1 2025
Against the Q1 2025 filing, Nierenberg Investment Management opened 3 new positions, added to 5, trimmed 8, left 23 unchanged and exited 11. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001941040-25-000474, 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.