Q1 2026 13F · SEC CIK 1105087
Stadium Capital Management LLC
Hedge fundFiled 2026-05-15 for Q1 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $40.6M
- Reported positions
- 6
- Top holdings a year, 3 yrs
- -11.2%
- Average holding period
- 3.1 yrs
Stadium Capital Management LLC is a hedge fund that reported 6 positions worth $40.6M in its Q1 2026 13F, filed 2026-05-15. Its largest holdings were Builders Firstsource Inc (BLDR, 32.2%), Brunswick Corp (BC, 23.9%), Dicks Sporting Goods Inc (DKS, 17.2%). A portfolio copying its top holdings returned -11.2% a year over the last 3 years, against 22.3% for the S&P 500.
Stadium Capital Management LLC holdings all 6 positions.
Weights are shares of the filer's total reported 13F value, compared with Q4 2025. 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.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| BLDRBuilders Firstsource Inc | 32.2% | +0.0% | $13.1M |
| BCBrunswick Corp | 23.9% | -42.7% | $9.7M |
| DKSDicks Sporting Goods Inc | 17.2% | +0.0% | $7.0M |
| LCIILci Inds | 12.6% | -75.1% | $5.1M |
| SNBRSleep Number Corp | 11.6% | +0.0% | $4.7M |
| GTLBGitlab Inc | 2.4% | -47.2% | $967K |
What Stadium Capital Management LLC bought and sold in Q1 2026, against Q4 2025.
New positions
No new positions among the largest holdings.
Added to
No position grew by more than 5%.
Reduced
- LCII Lci Inds-75.1% shares
- GTLB Gitlab Inc-47.2% shares
- BC Brunswick Corp-42.7% shares
Sold out
Nothing sold out.
Share counts compared with the Q4 2025 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- -32.0% /yr
- S&P 500 +11.7%
- 3 years
- -11.2% /yr
- S&P 500 +22.3%
- 5 years
- -8.5% /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.
| Quarter | 13F value | Positions |
|---|---|---|
| Q1 2026 | $40.6M | 6 |
| Q4 2025 | $86.3M | 6 |
| Q3 2025 | $93.6M | 7 |
| Q2 2025 | $108.6M | 7 |
| Q1 2025 | $109.1M | 9 |
| Q4 2024 | $118.0M | 10 |
| Q3 2024 | $132.9M | 11 |
| Q2 2024 | $90.8M | 9 |
| Q1 2024 | $126.0M | 9 |
| Q4 2023 | $119.2M | 8 |
| Q3 2023 | $120.9M | 10 |
| Q2 2023 | $115.6M | 13 |
Questions about Stadium Capital Management LLC's portfolio
What stocks does Stadium Capital Management LLC own?
Stadium Capital Management LLC's latest 13F, for Q1 2026 and filed May 15, 2026, lists 6 positions worth $40.6M. The largest are Builders Firstsource Inc (BLDR) at 32.2%, Brunswick Corp (BC) at 23.9%, Dicks Sporting Goods Inc (DKS) at 17.2%, Lci Inds (LCII) at 12.6% and Sleep Number Corp (SNBR) at 11.6%.
What did Stadium Capital Management LLC buy last quarter?
Stadium Capital Management LLC opened no new positions and grew none by more than 5% among its largest holdings in Q1 2026.
What did Stadium Capital Management LLC sell last quarter?
In Q1 2026, Stadium Capital Management LLC Lci Inds (LCII) (-75.1% shares), Gitlab Inc (GTLB) (-47.2% shares) and Brunswick Corp (BC) (-42.7% shares), compared with its Q4 2025 filing.
How has Stadium Capital Management LLC's portfolio performed?
A portfolio copying Stadium Capital Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned -11.2% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: -32.0% against +11.7%. Over 5 years: -8.5% a year against +10.6%.
When is Stadium Capital Management LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. Stadium Capital Management LLC's filing for the quarter ending Jun 30, 2026 was due by Aug 14, 2026; this page updates once it is processed.