Q2 2026 13F · SEC CIK 1841857

CM Management, LLC

Hedge fundFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $157.4M
Reported positions: 71
Top holdings a year, 3 yrs: +30.9%
Average holding period: 2.6 yrs

CM Management, LLC is a hedge fund that reported 71 positions worth $157.4M in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Rigel Pharmaceuticals Inc (RIGL, 6.2%), Alico Incorporated (ALCO, 5.3%), Royalty Pharma PLC (RPRX, 4.5%). A portfolio copying its top holdings returned 30.9% a year over the last 3 years, against 22.3% for the S&P 500.

CM Management, LLC holdings largest 50 of 71 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

CM Management, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
RIGLRigel Pharmaceuticals Inc	6.2%	5.3%	250,000	+6.4%	$9.8M
ALCOAlico Incorporated	5.3%	6.9%	200,000	+0.0%	$8.3M
RPRXRoyalty Pharma PLC	4.5%	5.0%	125,000	+0.0%	$7.0M
RLGTRadiant Logistics Inc	3.7%	3.8%	620,000	-4.6%	$5.9M
BGCBgc Group Inc	3.1%	3.7%	450,000	+0.0%	$4.8M
REEverest Group Ltd	2.8%	1.6%	12,500	+108.3%	$4.5M
HZOMarinemax Inc	2.6%	2.5%	110,000	+0.0%	$4.0M
CPACopa Holdings SA	2.4%	1.4%	24,000	+60.0%	$3.7M
OGNOrganon & Co	2.4%	2.0%	275,000	-31.3%	$3.7M
CMCOColumbus Mckinnon Corp N Y	1.9%	1.1%	200,000	+122.2%	$3.0M
NMRKNewmark Group Inc	1.9%	2.4%	200,000	+5.3%	$3.0M
SIShoulder Innovations Inc	1.9%	1.2%	145,000	+45.0%	$2.9M
CHRSCoherus Oncology Inc	1.9%	3.0%	2,100,000	+0.0%	$2.9M
RBCAARepublic Bancorp Inc Ky	1.8%	1.9%	32,000	+0.0%	$2.9M
PKPark Hotels & Resorts Inc Com	1.8%	2.2%	200,000	-20.0%	$2.9M
ARKOArko Corp	1.8%	1.7%	350,000	-6.7%	$2.8M
VTRSViatris Inc	1.8%	2.0%	175,000	+0.0%	$2.8M
EOLSEvolus Inc	1.8%	1.4%	400,000	+0.0%	$2.8M
IOSPInnospec Inc	1.7%	1.5%	32,000	+33.3%	$2.6M
WGOWinnebago Industries Inc	1.6%	—	80,000	—	$2.5M
ENOVEnovis Corporation	1.6%	1.1%	120,000	+100.0%	$2.5M
VTOLBristow Group Inc	1.6%	1.6%	60,000	+50.0%	$2.5M
CHDNChurchill Downs Inc	1.6%	—	27,500	—	$2.5M
BBTBeacon Financial Corporation	1.5%	1.0%	80,000	+100.0%	$2.4M
ADSKAutodesk Inc	1.5%	—	12,500	—	$2.4M
PDPagerduty Inc	1.5%	1.3%	250,000	+0.0%	$2.4M
DISDisney Walt Co	1.5%	—	25,000	—	$2.4M
COYACoya Therapeutics Inc	1.5%	1.2%	400,000	+6.7%	$2.3M
ELDNEledon Pharmaceuticals Inc	1.4%	1.7%	575,000	-11.5%	$2.3M
CLPTClearpoint Neuro Inc	1.4%	1.1%	125,000	-16.7%	$2.2M
HRIHerc Hldgs Inc	1.4%	0.8%	15,000	+50.0%	$2.2M
LTRNLantern Pharma Inc	1.3%	—	500,000	—	$2.1M
MTNVail Resorts Inc	1.3%	—	15,000	—	$2.0M
SRCE1st Source Corp	1.3%	1.0%	25,000	+42.9%	$2.0M
KDPKeurig Dr Pepper Inc	1.2%	—	60,000	—	$2.0M
AMZNAmazon Com Inc	1.2%	0.9%	8,000	+60.0%	$1.9M
SABRSabre Corp	1.2%	1.2%	900,000	-10.0%	$1.9M
IOVAIovance Biotherapeutics Inc	1.2%	1.3%	450,000	+0.0%	$1.9M
AVNWAviat Networks Inc	1.1%	—	80,000	—	$1.8M
AREAlexandria Real Estate Eq in	1.1%	1.0%	32,500	+30.0%	$1.7M
MSFTMicrosoft Corp	1.1%	0.9%	4,500	+50.0%	$1.7M
AVIRAtea Pharmaceuticals Inc	1.0%	1.6%	355,000	+0.0%	$1.7M
TSCOTractor Supply Co	1.0%	—	50,000	—	$1.6M
ROPRoper Technologies Inc	1.0%	—	4,500	—	$1.5M
IRWDIronwood Pharmaceuticals Inc Com	0.9%	1.0%	350,000	+0.0%	$1.5M
EEFTEuronet Worldwide Inc	0.9%	—	20,000	—	$1.5M
BRBroadridge Finl Solutions in	0.9%	—	10,000	—	$1.4M
SMGScotts Miracle-Gro Co Cl A	0.9%	1.0%	20,000	+0.0%	$1.4M
PRUPrudential Finl Inc	0.9%	1.0%	12,500	+0.0%	$1.3M
ARKRArk Restaurants Corp	0.8%	1.2%	225,000	+0.0%	$1.3M

What CM Management, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +43.7% /yr; S&P 500 +11.7%
3 years: +30.9% /yr; S&P 500 +22.3%
5 years: +14.0% /yr; S&P 500 +10.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$157.4M	71
Q1 2026	$119.6M	71
Q4 2025	$118.6M	62
Q3 2025	$119.9M	65
Q2 2025	$109.8M	67
Q1 2025	$99.5M	54
Q4 2024	$112.0M	57
Q3 2024	$125.3M	64
Q2 2024	$109.0M	63
Q1 2024	$119.1M	69
Q4 2023	$124.4M	72
Q3 2023	$94.2M	65

Questions about CM Management, LLC's portfolio

What stocks does CM Management, LLC own?

CM Management, LLC's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 71 positions worth $157.4M. The largest are Rigel Pharmaceuticals Inc (RIGL) at 6.2%, Alico Incorporated (ALCO) at 5.3%, Royalty Pharma PLC (RPRX) at 4.5%, Radiant Logistics Inc (RLGT) at 3.7% and Bgc Group Inc (BGC) at 3.1%.

What did CM Management, LLC buy last quarter?

In Q2 2026, CM Management, LLC added Columbus Mckinnon Corp N Y (CMCO) (+122.2% shares), Everest Group Ltd (RE) (+108.3% shares) and Enovis Corporation (ENOV) (+100.0% shares), compared with its Q1 2026 filing.

What did CM Management, LLC sell last quarter?

In Q2 2026, CM Management, LLC cut from its top 50 Intest Corp (INTT), cut from its top 50 Charles Riv Labs Intl Inc (CRL), cut from its top 50 First Financial Corp (THFF), cut from its top 50 Alaska Air Group Inc (ALK), cut from its top 50 Hp Inc (HPQ), Organon & Co (OGN) (-31.3% shares), Park Hotels & Resorts Inc Com (PK) (-20.0% shares) and Clearpoint Neuro Inc (CLPT) (-16.7% shares), compared with its Q1 2026 filing.

How has CM Management, LLC's portfolio performed?

A portfolio copying CM Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +30.9% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: +43.7% against +11.7%. Over 5 years: +14.0% a year against +10.6%.

When is CM Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. CM Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.