Coliseum Capital Management, LLC

Fundamental concentrated ★Highest signal CIK 1409751
League rank
#321
in Fundamental concentrated · #695 overall
Long book
$1.22B
Q1 2026
Positions
13
Top-10 weight
96%
concentration
Last quarter
+19.0%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

Coliseum Capital Management, LLC is a concentrated fundamental stock-picker, running a $1.22B US long book across 13 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SONOS INC, BUILDERS FIRSTSOURCE INC, HERC HOLDINGS INC, UNIVERSAL TECHNICAL INSTITUT, WILLSCOT HOLDINGS CORP.

Over the last 9 quarters its long book ran on average 2.9pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-9.3%
Q2 2024
+10.4%
Q3 2024
+10.2%
Q4 2024
-15.1%
Q1 2025
+4.6%
Q2 2025
+5.5%
Q3 2025
-0.2%
Q4 2025
-10.8%
Q1 2026
+19.0%

Sector allocation

Services media
34%
Industrials
26%
Consumer discretionary
17%
Other
11%
Technology
10%
Consumer staples
1%
Healthcare
1%

Long book by quarter

$1.08B
Q1 2024
$1.12B
Q2 2024
$1.03B
Q3 2024
$1.21B
Q4 2024
$1.20B
Q1 2025
$1.39B
Q2 2025
$1.02B
Q3 2025
$1.22B
Q4 2025
$1.22B
Q1 2026

What does Coliseum Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
SONO SONOS INCIndustrials18.1M$242.1M19.8%+21.0%
BLDR BUILDERS FIRSTSOURCE INCConsumer discretionary2.1M$172.3M14.1%+168.1%
HRI HERC HOLDINGS INCServices media1.7M$165.5M13.6%+4.6%
UTI UNIVERSAL TECHNICAL INSTITUTServices media4.0M$143.4M11.8%Held
WSC WILLSCOT HOLDINGS CORPServices media6.2M$108.0M8.9%+21.7%
MBC MASTERBRAND INCOther12.7M$105.5M8.6%+17.8%
MCFT MASTERCRAFT BOAT HOLDINGS INIndustrials3.7M$75.8M6.2%Held
NATL NCR ATLEOS CORPTechnology1.5M$66.4M5.4%-40.7%
ATKR ATKORE INCTechnology947.1K$55.8M4.6%+17.0%
PRPL PURPLE INNOVATION INCOther46.9M$31.0M2.5%Held
ACH ACCENDRA HEALTH INCConsumer discretionary13.1M$29.9M2.4%Held
PRMB PRIMO BRANDS CORPConsumer staples812.1K$15.3M1.3%-33.2%
INNV INNOVAGE HOLDING CORPHealthcare1.1M$8.9M0.7%-62.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202613$1.22B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202613$1.22B canonicalSEC ↗
Q3 202513F-HRNov 14, 202511$1.02B canonicalSEC ↗
Q2 202513F-HRAug 14, 202517$1.39B canonicalSEC ↗
Q1 202513F-HRMay 15, 202517$1.20B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202514$1.21B canonicalSEC ↗
Q3 202413F-HRNov 14, 202414$1.03B canonicalSEC ↗
Q2 202413F-HRAug 14, 202414$1.12B canonicalSEC ↗
Q1 202413F-HRMay 15, 202411$1.08B canonicalSEC ↗