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Raging Capital Management, LLC

SEC CIK
0001444376
Latest filing
Nov 15, 2021

The latest 13F from Raging Capital Management, LLC covers Q3 2021 (filed Nov 15, 2021): 3 long positions worth $18.2M. The top 10 holdings make up 100.0% of the portfolio, and the largest is Immersion Corp (IMMR) at 83.4%. Livermore has 3 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q3 2021

Share counts compared with Q2 2021: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
1
Est. +$3.02M
Added
0
Reduced
1
Est. −$5.60M
Sold out
1
Est. −$14.8M

Top 5 holdings

Share of this quarter's portfolio value

  1. IMMRImmersion Corp
    83.4%$15.2MHistory
  2. IDWIdw Media Holdings, Inc.
    16.6%$3.02MHistory
  3. CSLTCastlight Health, Inc.
    <0.1%$2.00KHistory

Biggest buys

New and added positions, by estimated amount bought

  1. IDWIdw Media Holdings, Inc.
    +$3.02MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. IDWIdw Media Holdings, Inc.
    +16.57 pp0.0% → 16.6%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Liberty Media Corp531229409
    −$14.8MSold out
  2. CSLTCastlight Health, Inc.
    −$5.60MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. Liberty Media Corp531229409
    −35.60 pp35.6% → 0.0%
  2. CSLTCastlight Health, Inc.
    −17.65 pp17.7% → <0.1%History

Metrics

13F metrics for Q3 2021, computed only from the numbers in the filings. Definitions below.

Portfolio value
$18.2M
−$23.5M (−56.3%) vs. prior quarter
Positions
3
0 vs. prior quarter
Top 10 concentration
100.0%
Top 10 as share of value
Turnover
10.1%
Q3 2021, one quarter
Average holding period
2.7 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

3 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $51.6M (Q1 2021)

Q1 2021: $51.6MQ2 2021: $41.7MQ3 2021: $18.2M
Q1 2021Q3 2021
13F filings of Raging Capital Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2021Nov 15, 20213$18.2MIMMRIDWCSLTvs. Q2 2021SEC
Q2 2021Aug 16, 20213$41.7MIMMRLiberty Media CorpCSLTvs. Q1 2021SEC
Q1 2021May 17, 20214$51.6MIMMRLiberty Media CorpCSLT–SEC

13D and 13G filings

Companies where Raging Capital Management, LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

Raging Capital Management, LLC does not currently report owning 5% or more of any company.

Latest filings

11 filings on file made by Raging Capital Management, LLC or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Raging Capital Management, LLC
CompanyFiled (ET)FormStakeChangeEvent dateFiling
IDWIdw Media Holdings, Inc.Feb 10, 202313G/AOld format–––SEC
TOSTToast, Inc.Feb 10, 202313G/AOld format–––SEC
TOSTToast, Inc.Feb 14, 202213GOld format–New–SEC
IDWIdw Media Holdings, Inc.Feb 14, 202213GOld format–New–SEC
IMMRImmersion CorpNov 10, 202113D/AOld format–––SEC
IMMRImmersion CorpMar 11, 202113D/AOld format–––SEC
CSLTCastlight Health, Inc.Mar 5, 202113D/AOld format–––SEC
CSLTCastlight Health, Inc.Feb 26, 202113D/AOld format–––SEC
IMMRImmersion CorpFeb 19, 202113D/AOld format–––SEC
UANCVR Partners, LPFeb 16, 202113G/AOld format–––SEC
CSLTCastlight Health, Inc.Feb 4, 202113D/AOld format–––SEC