Forager Capital Management
Forager Capital Management reported 10 stocks worth $266M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are RPAY (17.5%), RM (14.7%) and MCFT (14.1%). Compared with Q1 2026, the fund opened new positions in ICFI, added to RPAY, MLKN and OPRT, trimmed RM, MCFT and VMD and sold out of RUSHA.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 8 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  RPAY Repay Hldgs Corp | $46.6M | 17.5% | 11.1M | +1.9M (+20%) | 3 of 8 | |
| 2 |  RM Regional Mgmt Corp | $39.1M | 14.7% | 948K | −71K (−7%) | 8 of 8 | |
| 3 |  MCFT Mastercraft Boat Hldgs Inc | $37.5M | 14.1% | 1.5M | −160K (−10%) | 8 of 8 | |
| 4 |  MLKN Millerknoll Inc | $32M | 12.0% | 1.6M | +90K (+6%) | 8 of 8 | |
| 5 |  OPRT Oportun Finl Corp | $25.8M | 9.7% | 4.5M | +1.2M (+34%) | 4 of 8 | |
| 6 |  VMD Viemed Healthcare Inc | $24.4M | 9.2% | 2.1M | −685K (−24%) | 8 of 8 | |
| 7 |  HOV Hovnanian Enterprises Inc | $21.3M | 8.0% | 150K | −87K (−37%) | 8 of 8 | |
| 8 |  IIIV I3 Verticals Inc | $18.5M | 6.9% | 865K | +285K (+49%) | 7 of 8 | |
| 9 |  ICFI Icf Intl Inc | $17.2M | 6.5% | 236K | New position | 1 of 8 | |
| 10 |  IMXI International Mny Express in | $3.7M | 1.4% | 254K | −112K (−31%) | 8 of 8 |
Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q1 2026, gone in Q2 2026| Stock | Value last quarter | Shares sold |
|---|---|---|
 RUSHA Rush Enterprises Inc | $3.2M | 48K |
Reported value
last 8 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q2 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Aug 14, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →Forager Capital Management 13F FAQ
What does Forager Capital Management own?
Forager Capital Management reported 10 stocks worth $266M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are RPAY (17.5%), RM (14.7%) and MCFT (14.1%). The table above lists every position in the filing (the top 10 without an account).
What did Forager Capital Management buy and sell in Q2 2026?
Compared with Q1 2026: 1 new positions, 4 added to, 5 trimmed and 1 sold out. New positions include ICFI. It sold all of RUSHA.
When will Forager Capital Management file its next 13F?
Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.
How much is Forager Capital Management's portfolio worth?
The Q2 2026 filing reports $266M in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.