Q2 2026 13F · SEC CIK 1517796

Rangeley Capital, LLC

Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $107.5M
Reported positions: 176
Holdings vs S&P 500, 3 yrs: —
Assets under management: $220.5M

Rangeley Capital, LLC is a hedge fund that reported 176 positions worth $107.5M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Driven Brands Hldgs Inc (DRVN, 6.7%), Revolution Medicines Inc (RVMDW, 4.4%), Prothena Corp PLC Shs (PRTA, 3.8%).

Rangeley Capital, LLC holdings largest 50 of 176 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.

Rangeley Capital, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
DRVNDriven Brands Hldgs Inc	6.7%	8.5%	518,246	-17.1%	$7.2M
RVMDWRevolution Medicines Inc	4.4%	—	25,000	—	$4.7M
PRTAProthena Corp PLC Shs	3.8%	4.7%	417,270	-7.2%	$4.1M
SEGSeaport Entmt Group Inc	3.8%	3.6%	153,517	+0.0%	$4.1M
GRNDGrindr Inc	2.9%	3.1%	220,000	-6.0%	$3.2M
STHOStar Hldgs	2.8%	2.2%	324,408	+18.4%	$3.0M
FLLFull Hse Resorts Inc	2.4%	2.2%	925,578	+1.1%	$2.6M
ABUSArbutus Biopharma Corp	2.2%	2.4%	500,000	+0.0%	$2.4M
TRIPTripadvisor Inc	1.9%	2.2%	152,000	-20.0%	$2.1M
ECHOEchoStar Corp	1.7%	2.3%	17,800	-1.1%	$1.8M
ABVXAbivax SA	1.6%	0.5%	13,000	+225.0%	$1.7M
GDOTGreen Dot Corp	1.6%	2.0%	127,594	-21.6%	$1.7M
LAWSDistribution Solutions Grp I	1.6%	0.5%	63,000	+273.7%	$1.7M
TBPHTheravance Biopharma Inc	1.6%	1.8%	99,500	-3.4%	$1.7M
RLYBRallybio Corp	1.6%	—	104,850	—	$1.7M
ONLOrion Properties Inc	1.6%	2.1%	578,567	-36.8%	$1.7M
MNROMonro Inc	1.5%	0.9%	96,500	+84.4%	$1.7M
RVMDRevolution Medicines Inc	1.5%	1.3%	8,700	-87.0%	$1.6M
BHFBrighthouse Finl Inc	1.5%	1.6%	25,000	+0.0%	$1.6M
JANXJanux Therapeutics Inc	1.4%	1.8%	97,978	-20.0%	$1.5M
NOMDNomad Foods Ltd	1.4%	—	135,000	—	$1.5M
ARVNArvinas Inc	1.4%	2.6%	175,590	-21.6%	$1.5M
DKDelek US Hldgs Inc New	1.3%	2.9%	27,000	-55.0%	$1.4M
WBDWarner Bros Discovery Inc	1.3%	1.5%	51,000	+0.0%	$1.4M
ZIMZim Integrated Shipping Serv	1.3%	1.6%	52,000	-5.5%	$1.4M
MLAAMountain Lake Acquisition Corp	1.2%	—	127,791	—	$1.3M
EVCEntravision Communications C	1.1%	—	91,000	—	$1.2M
RPDRapid7 Inc	1.1%	—	143,000	—	$1.2M
BCYCBicycle Therapeutics PLC	1.0%	1.2%	253,500	+9.1%	$1.1M
NLOPNet Lease Office Properties	1.0%	1.4%	95,000	-17.3%	$1.1M
KURAKura Oncology Inc	1.0%	0.9%	94,000	-7.1%	$1.0M
WLFCWillis Lease Finance Corp	0.9%	—	4,000	—	$915K
WENNWen Acquisition Corp	0.8%	0.9%	88,113	+3.7%	$897K
DOMODomo Inc	0.8%	—	276,000	—	$864K
METAMeta Platforms Inc	0.8%	—	1,500	—	$845K
RYAMRayonier Advanced Matls Inc	0.8%	—	104,808	—	$824K
IMMRImmersion Corp	0.7%	—	110,000	—	$745K
FWRDForward Air Corp	0.7%	1.5%	55,000	-35.3%	$743K
INMDInmode Ltd	0.7%	—	50,000	—	$731K
DDIDoubledown Interactive Co Lt	0.7%	—	61,000	—	$700K
CLMTCalumet Inc	0.6%	2.1%	19,000	-64.2%	$684K
XPOFXponential Fitness Inc	0.6%	—	97,485	—	$675K
CHTRCharter Communications Inc	0.6%	—	4,500	—	$640K
BCARD Boral Arc Acquisition I Cl A Ord	0.6%	—	61,150	—	$638K
AXINAxiom Intelligence-Cl A	0.6%	—	61,193	—	$633K
DRDBRoman Dbdr Acquisition Corp	0.6%	0.7%	60,000	+0.0%	$632K
GOGrocery Outlet Hldg Corp	0.6%	—	63,000	—	$629K
PAHCPhibro Animal Health Corp	0.6%	—	20,000	—	$628K
CCIICohen Circle Acquisit Corp I	0.6%	—	60,200	—	$616K
YEXTYext Inc	0.6%	—	130,328	—	$609K

What Rangeley Capital, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

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

Added to

LAWS Distribution Solutions Grp I+273.7% shares
ABVX Abivax SA+225.0% shares
MNRO Monro Inc+84.4% shares
STHO Star Hldgs+18.4% shares
BCYC Bicycle Therapeutics PLC+9.1% shares

Reduced

RVMD Revolution Medicines Inc-87.0% shares
CLMT Calumet Inc-64.2% shares
DK Delek US Hldgs Inc New-55.0% shares
ONL Orion Properties Inc-36.8% shares
FWRD Forward Air Corp-35.3% shares
ARVN Arvinas Inc-21.6% shares
GDOT Green Dot Corp-21.6% shares
JANX Janux Therapeutics Inc-20.0% shares

Left the top 50

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: -10.2% /yr; S&P 500 +11.7%
3 years: —
5 years: —

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	$107.5M	176
Q1 2026	$92.6M	133
Q4 2025	$116.1M	115
Q3 2025	$106.5M	121
Q2 2025	$79.7M	70
Q1 2025	$88.6M	71
Q4 2024	$105.0M	71

Questions about Rangeley Capital, LLC's portfolio

What stocks does Rangeley Capital, LLC own?

Rangeley Capital, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 176 positions worth $107.5M. The largest are Driven Brands Hldgs Inc (DRVN) at 6.7%, Revolution Medicines Inc (RVMDW) at 4.4%, Prothena Corp PLC Shs (PRTA) at 3.8%, Seaport Entmt Group Inc (SEG) at 3.8% and Grindr Inc (GRND) at 2.9%.

What did Rangeley Capital, LLC buy last quarter?

In Q2 2026, Rangeley Capital, LLC added Distribution Solutions Grp I (LAWS) (+273.7% shares), Abivax SA (ABVX) (+225.0% shares) and Monro Inc (MNRO) (+84.4% shares), compared with its Q1 2026 filing.

What did Rangeley Capital, LLC sell last quarter?

In Q2 2026, Rangeley Capital, LLC cut from its top 50 Leggett & Platt Inc (LEGT), cut from its top 50 Icon Plc (ICLR), cut from its top 50 Kezar Life Sciences Inc (KZR), cut from its top 50 Mister Car Wash Inc (MCW), cut from its top 50 Elme Communities (WRE), Revolution Medicines Inc (RVMD) (-87.0% shares), Calumet Inc (CLMT) (-64.2% shares) and Delek US Hldgs Inc New (DK) (-55.0% shares), compared with its Q1 2026 filing.

When is Rangeley Capital, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Rangeley Capital, 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.

How much money does Rangeley Capital, LLC manage?

Rangeley Capital, LLC reported $220.5M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $107.5M.