Forager Capital Management, LLC is an institutional investment manager that files quarterly 13F reports with the SEC. As of Q4 2025, the fund manages $221M in reported equity holdings across 11 positions. The largest holdings are RM (19.0%), MCFT (14.5%), MLKN (12.9%), HOV (10.4%), VMD (9.4%). The portfolio is concentrated in Other (94.1%), Consumer Cyclical (5.9%). Data sourced from SEC EDGAR 13F filings (CIK 1802986).