BRC Group Holdings, Inc.
Long book
$456.2M
Q1 2026
Positions
20
Top-10 weight
100%
concentration
Last quarter
-13.3%
SPY +14.8%
Turnover
67%
of book per quarter
Strategy in plain words
auto-generated from filingsBRC Group Holdings, Inc. is a concentrated fundamental stock-picker, specialised in industrials (88% of the long book), running a $456.2M US long book across 20 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: BABCOCK & WILCOX ENTERPR, DOUBLEDOWN INTERACTIVE -ADR, SEQUANS COMMUNICATIONS-ADR, RIOT PLATFORMS INC, ROMAN DBDR ACQUISITION CORP.
Over the last 9 quarters its long book ran on average 19.4pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+17.9%
Q2 2024
+28.1%
Q3 2024
-29.3%
Q4 2024
-32.5%
Q1 2025
+15.9%
Q2 2025
+69.7%
Q3 2025
+61.2%
Q4 2025
+97.6%
Q1 2026
-13.3%
Sector allocation
Industrials 96%
Financials 2%
Healthcare 1%
Technology 1%
Materials 0%
Services media 0%
Long book by quarter
What does BRC Group own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BW BABCOCK & WILCOX ENTERPR | Industrials | 27.4M | $403.2M | 88.4% | Held |
| RIOT RIOT PLATFORMS INC | Financials | 325.0K | $4.0M | 0.9% | New |
| DRDB ROMAN DBDR ACQUISITION CORP | Financials | 605.9K | $3.2M | 0.7% | Held |
| LFMD LIFEMD INC | Healthcare | 871.6K | $3.1M | 0.7% | +1077.8% |
| TOI ONCOLOGY INSTITUTE INC/THE | Healthcare | 929.7K | $2.9M | 0.6% | +40.2% |
| TACT TRANSACT TECHNOLOGIES INC | Technology | 545.8K | $1.8M | 0.4% | Held |
| DAVE DAVE INC | Financials | 7.0K | $1.2M | 0.3% | New |
| URG UR-ENERGY INC | Materials | 600.0K | $894K | 0.2% | New |
| NN NEXTNAV INC | Technology | 50.0K | $801K | 0.2% | New |
| XBP XBP GLOBAL HOLDINGS INC | Services media | 73.7K | $324K | 0.1% | New |
| OTGA OTG ACQUISITION CORP I-CL A | Financials | 115.0K | $236K | 0.1% | New |
| BZAI BLAIZE HOLDINGS INC | Technology | 83.4K | $152K | 0.0% | Held |
| NN NEXTNAV INC. | Technology | 21.0K | $133K | 0.0% | New |
| SDST STARDUST POWER INC | Industrials | 42.1K | $99K | 0.0% | New |
| GCTS GCT SEMICONDUCTOR HOLDING IN | Technology | 56.8K | $65K | 0.0% | Held |
| RMCO ROYALTY MANAGEMENT HOLDING C | Financials | 20.0K | $59K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 21 | $456.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 21 | $234.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Feb 3, 2026 | 25 | $147.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Feb 3, 2026 | 38 | $89.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Feb 3, 2026 | 23 | $79.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 16 | $119.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 15 | $149.8M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 16 | $123.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 16 | $105.0M | canonical | SEC ↗ |