Latest Nierenberg Investment Management Company, Inc. Stock Portfolio
Nierenberg Investment Management Company, Inc. Performance:
2024 Q3: 7.75%YTD: 11.51%2023: 37.01%
Performance for 2024 Q3 is 7.75%, and YTD is 11.51%, and 2023 is 37.01%.
About Nierenberg Investment Management Company, Inc. and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Nierenberg Investment Management Company, Inc. reported an equity portfolio of $176.5 Millions as of 30 Sep, 2024.
The top stock holdings of Nierenberg Investment Management Company, Inc. are COOP, PBPB, FLR. The fund has invested 19% of it's portfolio in MR COOPER GROUP INC and 14.1% of portfolio in POTBELLY CORP.
The fund managers got completely rid off FLOTEK INDS INC DEL (FTK), FIRST HORIZON CORPORATION (FHN) and INTERNATIONAL SEAWAYS INC (INSW) stocks. They significantly reduced their stock positions in SUPERIOR INDS INTL INC (SUP), MATRIX SVC CO (MTRX) and APPLOVIN CORP (APP). Nierenberg Investment Management Company, Inc. opened new stock positions in ADTRAN HOLDINGS INC (ADTN), OSHKOSH CORP (OSK) and HOOKER FURNISHINGS CORPORATI (HOFT). The fund showed a lot of confidence in some stocks as they added substantially to RIVERVIEW BANCORP INC (RVSB), GULF IS FABRICATION INC (GIFI) and ECOVYST INC (ECVT).
The top stock holdings of Nierenberg Investment Management Company, Inc. are COOP, PBPB, FLR. The fund has invested 19% of it's portfolio in MR COOPER GROUP INC and 14.1% of portfolio in POTBELLY CORP.
The fund managers got completely rid off FLOTEK INDS INC DEL (FTK), FIRST HORIZON CORPORATION (FHN) and INTERNATIONAL SEAWAYS INC (INSW) stocks. They significantly reduced their stock positions in SUPERIOR INDS INTL INC (SUP), MATRIX SVC CO (MTRX) and APPLOVIN CORP (APP). Nierenberg Investment Management Company, Inc. opened new stock positions in ADTRAN HOLDINGS INC (ADTN), OSHKOSH CORP (OSK) and HOOKER FURNISHINGS CORPORATI (HOFT). The fund showed a lot of confidence in some stocks as they added substantially to RIVERVIEW BANCORP INC (RVSB), GULF IS FABRICATION INC (GIFI) and ECOVYST INC (ECVT).
Nierenberg Investment Management Company, Inc. Annual Return Estimates Vs S&P 500
Our best estimate is that Nierenberg Investment Management Company, Inc. made a return of 7.75% in the last quarter. In trailing 12 months, it's portfolio return was 26.62%.
New Buys
| Ticker | $ Bought |
|---|---|
| adtran holdings inc | 2,034,640 |
| oshkosh corp | 556,667 |
| hooker furnishings corporati | 208,914 |
| array technologies inc | 129,063 |
| unifi inc | 128,854 |
| profire energy inc | 121,892 |
| chesapeake energy corp | 20,974 |
| commscope hldg co inc | 15,611 |
New stocks bought by Nierenberg Investment Management Company, Inc.
Additions
| Ticker | % Inc. |
|---|---|
| riverview bancorp inc | 163 |
| gulf is fabrication inc | 39.44 |
| ecovyst inc | 24.64 |
| concentrix corp | 22.93 |
| helen of troy ltd | 15.29 |
| eqt corp | 5.5 |
| potbelly corp | 5.33 |
| photronics inc | 3.44 |
Additions to existing portfolio by Nierenberg Investment Management Company, Inc.
Reductions
| Ticker | % Reduced |
|---|---|
| superior inds intl inc | -68.14 |
| matrix svc co | -50.22 |
| applovin corp | -39.71 |
| mr cooper group inc | -29.4 |
| community health sys inc new | -11.39 |
| tutor perini corp | -10.65 |
| bread financial holdings inc | -2.5 |
| fluor corp new | -0.35 |
Nierenberg Investment Management Company, Inc. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| flotek inds inc del | -6,125,900 |
| smart sand inc | -469,591 |
| dzs inc | -201,889 |
| first horizon corporation | -1,759,220 |
| veritex hldgs inc | -623,315 |
| dana inc | -258,762 |
| international seaways inc | -1,210,980 |
Nierenberg Investment Management Company, Inc. got rid off the above stocks
Sector Distribution
Nierenberg Investment Management Company, Inc. has about 31.1% of it's holdings in Financial Services sector.
| Sector | % |
|---|---|
| Financial Services | 31.1 |
| Industrials | 17 |
| Technology | 16.3 |
| Consumer Cyclical | 15.8 |
| Energy | 14 |
| Healthcare | 1.8 |
| Communication Services | 1.3 |
| Real Estate | 1.1 |
Market Cap. Distribution
Nierenberg Investment Management Company, Inc. has about 12.1% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 45.7 |
| SMALL-CAP | 22.8 |
| MICRO-CAP | 19.4 |
| LARGE-CAP | 12.1 |
Stocks belong to which Index?
About 89.4% of the stocks held by Nierenberg Investment Management Company, Inc. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 76.3 |
| S&P 500 | 13.1 |
| Others | 10.6 |
Nierenberg Investment Management Company, Inc. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Nierenberg Investment Management Company, Inc.
Nierenberg Investment Management Company, Inc. has 47 stocks in it's portfolio. About 80% of the portfolio is in top 10 stocks. CNXC proved to be the most loss making stock for the portfolio. COOP was the most profitable stock for Nierenberg Investment Management Company, Inc. last quarter.
Last Reported on: 13 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ADTN | adtran holdings inc | 1.15 | 343,110 | 2,034,640 | new | |||
| ALGT | allegiant travel co | 0.00 | 125 | 6,883 | new | |||
| APP | applovin corp | 0.34 | 4,555 | 594,655 | reduced | -39.71 | ||
| ARHS | arhaus inc | 0.41 | 59,310 | 730,106 | unchanged | 0.00 | ||
| ARRY | array technologies inc | 0.07 | 19,555 | 129,063 | new | |||
| BFH | bread financial holdings inc | 0.56 | 20,680 | 983,954 | reduced | -2.5 | ||
| BKD | brookdale sr living inc | 0.62 | 160,110 | 1,087,150 | unchanged | 0.00 | ||
| CDXC | chromadex corp | 0.02 | 11,555 | 42,176 | unchanged | 0.00 | ||
| CHK | chesapeake energy corp | 0.01 | 255 | 20,974 | new | |||
| CLFD | clearfield inc | 1.27 | 57,510 | 2,240,590 | unchanged | 0.00 | ||
| CNXC | concentrix corp | 1.00 | 34,310 | 1,758,390 | added | 22.93 | ||
| COMM | commscope hldg co inc | 0.01 | 2,555 | 15,611 | new | |||
| COOP | mr cooper group inc | 18.96 | 363,004 | 33,461,700 | reduced | -29.4 | ||
| CTLP | cantaloupe inc | 11.08 | 2,641,660 | 19,548,300 | unchanged | 0.00 | ||
| CTMX | cytomx therapeutics inc | 0.01 | 12,555 | 14,815 | unchanged | 0.00 | ||
| CYH | community health sys inc new | 0.54 | 155,555 | 944,219 | reduced | -11.39 | ||
| DAN | dana inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DHC | diversified healthcare tr | 1.08 | 456,110 | 1,911,100 | unchanged | 0.00 | ||
| DXC | dxc technology co | 0.16 | 13,555 | 281,266 | unchanged | 0.00 | ||
| EBC | eastern bankshares inc | 5.70 | 613,088 | 10,048,500 | unchanged | 0.00 | ||