Data as of Q4 2025 (Dec 31, 2025)

Nierenberg Investment Management Company, LLC

โ€ขCIK: 1282683โ€ขFiling: Q4 2025

**Nierenberg Investment Management Company, Inc.** manages $203M across a portfolio of 44 positions, exhibiting a tactical allocation leaning heavily into short-duration fixed income. The fund's largest holding is SGOV at $64.3M, suggesting a focus on capital preservation and yield in the current rate environment. Significant secondary allocations include EQT ($28.6M) and RKT ($25.9M), indicating targeted exposure to private equity and specialized credit opportunities. This structure points toward a disciplined, yield-oriented mandate with selective growth tilts.

Total AUM
$198.2M
+ $5.0M in options
QoQ Performance
+9.6%
Positions
43
+ 1 option
Top 10 Concentration
88.5%
Latest Filing
Q4 2025

Top Holdings Allocation

SGOV
EQT
RKT
CRTO
LYFT
RVSB
SGOV31.7%
EQT14.1%
RKT12.7%
CRTO9.0%
LYFT7.8%
RVSB5.0%
GEV2.4%
B7S2.2%

๐Ÿ“ˆ Biggest Buys

SGOV
ISHARES TR
NEW
31.7% of portfolio
RKT
ROCKET COS INC
NEW
12.7% of portfolio
CRTO
CRITEO S A
+109.2%
9.0% of portfolio
FCN
FTI CONSULTING INC
NEW
0.8% of portfolio
TNDM
TANDEM DIABETES CARE INC
NEW
0.5% of portfolio

๐Ÿ“‰ Biggest Sells

GEVPUT
GE VERNOVA INC
-32.1%
2.4% of portfolio
VRT
VERTIV HOLDINGS CO
-67.0%
0.6% of portfolio
ADTN
ADTRAN HOLDINGS INC
-72.9%
0.4% of portfolio
ARHS
ARHAUS INC
-74.2%
0.1% of portfolio
EQT
EQT CORP
-0.6%
14.1% of portfolio

Sector Breakdown

Other100.0%

๐Ÿšช Exited Positionssold since Q3 2025

โ€”
POTBELLY CORP
SOLD
$50.8M
07WA
MR COOPER GROUP INC
SOLD
$26.6M
SPY
SPDR S&P 500 ETF TR
SOLD
$16.7M
NDQ
INVESCO QQQ TR
SOLD
$10.3M
NVDA
NVIDIA CORPORATION
SOLD
$4.3M
+9 more exited positions

Changes from Q3 2025

NEW8 new positions
โ†‘5 increased
โ†“5 decreased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023