Forager Capital Management
Robert MacArthur & Edward Kissel IV
Period
Q2 2026
Portfolio Date
Jun 30, 2026
Stocks Held
10
Market Value
$265.9M
Holdings Value Trend
Q3 2024
Q4 2024
Q1 2025
Q2 2025
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Top 5 Holdings
1
R
$RPAY
Repay Holdings Corporation
17.5%
% of Portfolio
Increased 20.16%
2R
$RM
Regional Management Corp.
14.7%
% of Portfolio
Decreased 6.95%
3M
$MCFT
MasterCraft Boat Holdings, Inc.
14.1%
% of Portfolio
Decreased 9.94%
4M
$MLKN
MillerKnoll, Inc.
12.0%
% of Portfolio
Increased 6.11%
5O
$OPRT
Oportun Financial Corporation
9.7%
% of Portfolio
Increased 34.22%
Historical Positions
| Symbol | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|
| RPAY | 17.5% | 12.0% | 6.6% | - |
| RM | 14.7% | 16.4% | 19.0% | 18.6% |
| MCFT | 14.1% | 16.4% | 14.6% | 17.1% |
| MLKN | 12.0% | 10.6% | 12.9% | 11.5% |
| OPRT | 9.7% | 7.7% | 5.7% | 5.3% |
| VMD | 9.2% | 13.0% | 9.4% | 8.2% |
| HOV | 8.0% | 13.1% | 10.4% | 13.8% |
| IIIV | 6.9% | 6.5% | 6.3% | 9.5% |
| ICFI | 6.5% | - | - | - |
| IMXI | 1.4% | 2.9% | - | 4.5% |
Post-Filing Contributors
Price change since reported price, ranked by portfolio contribution
OPRT+28.37%
MLKN+11.24%
ICFI+22.25%
Post-Filing Detractors
Price change since reported price, ranked by portfolio contribution
RM-19.10%
RPAY-8.10%
VMD-24.82%
IIIV-22.05%
MCFT-1.94%
Sector Analysis
Financials24.4%
Healthcare9.2%
Technology25.9%
Industrials6.5%
Consumer Discretionary34.1%