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Livermore
Livermore
ZHEN

Acuitas Investments, LLC

SEC CIK
0001524828
Latest filing
Jul 30, 2026

The latest 13F from Acuitas Investments, LLC covers Q2 2026 (filed Jul 30, 2026): 7 long positions worth $1.43M. The top 10 holdings make up 100.0% of the portfolio, and the largest is SLB Limited (SLB) at 26.7%. Livermore has 27 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: 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
3
Est. +$656.9K
Added
1
Est. +$43.4K
Reduced
2
Est. −$82.4K
Sold out
5
Est. −$538.3K

Top 5 holdings

Share of this quarter's portfolio value

  1. SLBSLB Limited
    26.7%$380.5KHistory
  2. UANCVR Partners, LP
    26.3%$374.4KHistory
  3. FSLRFirst Solar, Inc.
    15.5%$220.3KHistory
  4. MCHXMarchex Inc
    11.7%$167.5KHistory
  5. BBDBank Bradesco
    10.8%$154.3KHistory

Share of portfolio

Top 5 holdings and the other 2 positions, by share of portfolio value

  1. SLB26.7%
  2. UAN26.3%
  3. FSLR15.5%
  4. MCHX11.7%
  5. BBD10.8%
  6. Other 2 positions9.1%

Biggest buys

New and added positions, by estimated amount bought

  1. UANCVR Partners, LP
    +$374.4KNewHistory
  2. FSLRFirst Solar, Inc.
    +$220.3KNewHistory
  3. PPTAPerpetua Resources Corp.
    +$62.2KNewHistory
  4. BBDBank Bradesco
    +$43.4KAddedHistory

Largest weight increases

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

  1. UANCVR Partners, LP
    +26.25 pp0.0% → 26.3%History
  2. FSLRFirst Solar, Inc.
    +15.45 pp0.0% → 15.5%History
  3. PPTAPerpetua Resources Corp.
    +4.36 pp0.0% → 4.4%History
  4. BBDBank Bradesco
    +2.56 pp8.3% → 10.8%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. VTMXVesta Real Estate Corporation, S.A.B. de C.V.
    −$296.7KSold outHistory
  2. CRESYCresud Inc
    −$127.2KSold outHistory
  3. MCHXMarchex Inc
    −$50.5KReducedHistory
  4. BRBIBRBI BR Partners S.A.
    −$44.7KSold outHistory
  5. KLTRKaltura Inc
    −$36.6KSold outHistory

Largest weight decreases

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

  1. VTMXVesta Real Estate Corporation, S.A.B. de C.V.
    −21.05 pp21.1% → 0.0%History
  2. CRESYCresud Inc
    −9.02 pp9.0% → 0.0%History
  3. NFGCNew Found Gold Corp.
    −4.26 pp8.9% → 4.7%History
  4. BRBIBRBI BR Partners S.A.
    −3.17 pp3.2% → 0.0%History
  5. MCHXMarchex Inc
    −2.96 pp14.7% → 11.7%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$1.43M
+$16.6K (+1.2%) vs. prior quarter
Positions
7
−2 vs. prior quarter
Top 10 concentration
100.0%
Top 10 as share of value
Turnover
43.8%
Q2 2026, one quarter
Average holding period
1.5 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

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

Peak $234.9M (Q4 2021)

Q1 2021: $174.4MQ2 2021: $200.1MQ3 2021: $229.0MQ4 2021: $234.9MQ1 2022: $106.4MQ2 2022: $103.7MQ3 2022: $92.4MQ4 2022: $94.0MQ1 2023: $96.8MQ2 2023: $171.7MQ3 2023: $170.1MQ4 2023: $190.5MQ1 2024: $198.2MQ2 2024: $186.8MQ3 2024: $224.3MQ4 2024: $121.8MQ1 2025: $117.4MQ2 2025: $125.7MQ3 2025: $155.8MQ4 2025: $496.5KQ1 2026: $1.41MQ2 2026: $1.43M
Q1 2021Q2 2026
13F filings of Acuitas Investments, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 30, 20267$1.43MSLBUANFSLRvs. Q1 2026SEC
Q1 2026Apr 29, 20269$1.41MSLBVTMXMCHXvs. Q4 2025SEC
Q4 2025Jan 27, 20261$496.5KRDCMvs. Q3 2025SEC
Q3 2025Nov 18, 2025Amended52$155.8MSEIAOSLMGvs. Q2 2025SEC
Q2 2025Jul 31, 202553$125.7MSEIOPRTNGSvs. Q1 2025SEC
Q1 2025Apr 28, 202566$117.4MMCHBMGNGSvs. Q4 2024SEC
Q4 2024Jan 31, 202563$121.8MNGSSEIOPRTvs. Q3 2024SEC
Q3 2024Nov 7, 2024117$224.3MSBHMCHBAAOIvs. Q2 2024SEC
Q2 2024Aug 5, 2024118$186.8MORNNGVCAOSLvs. Q1 2024SEC
Q1 2024May 10, 2024123$198.2MARHSORNMCHBvs. Q4 2023SEC
Q4 2023Feb 2, 2024116$190.5MRRGBUTITRCvs. Q3 2023SEC
Q3 2023Oct 27, 2023115$170.1MUTINGVCSEIvs. Q2 2023SEC
Q2 2023Aug 7, 2023106$171.7MSILCUTITRCvs. Q1 2023SEC
Q1 2023May 2, 202341$96.8MSILCFCRRGBvs. Q4 2022SEC
Q4 2022Feb 6, 202338$94.0MSILCTRCFCvs. Q3 2022SEC
Q3 2022Nov 2, 202240$92.4MSILCFCTBBKvs. Q2 2022SEC
Q2 2022Nov 1, 2022Amended41$103.7MTRCFCINBKvs. Q1 2022SEC
Q1 2022May 6, 202232$106.4MTRCHRTGSEIvs. Q4 2021SEC
Q4 2021Feb 8, 202265$234.9MTLYSPLABTILEvs. Q3 2021SEC
Q3 2021Oct 27, 202167$229.0MTLYSVLRSTILEvs. Q2 2021SEC
Q2 2021Aug 24, 2021Amended68$200.1MTLYSTILEMeridian Bioscience Incvs. Q1 2021SEC
Q1 2021May 11, 202171$174.4MTLYSPLABICHR–SEC

13D and 13G filings

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

Current stakes of 5% or more

1 company, largest stake first.

Companies where Acuitas Investments, LLC owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
HURCHurco Companies Inc13G/A6.11%423.3K shares–Feb 2, 20242 filingsNov 7, 2024SEC

Latest filings

11 filings on file made by Acuitas Investments, LLC or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Acuitas Investments, LLC
CompanyFiled (ET)FormStakeChangeEvent dateFiling
RRGBRed Robin Gourmet Burgers IncApr 28, 20264:57 PM ET13G/A3.35%606.4K shares−1.67 ppfrom 5.02%Below 5%Mar 31, 2026SEC
OESXOrion Energy Systems, Inc.May 2, 20254:22 PM ET13G/A3.09%1.02M shares−2.12 ppfrom 5.21%Below 5%Mar 31, 2025SEC
RRGBRed Robin Gourmet Burgers IncMay 2, 20254:13 PM ET13G/A5.02%877.6K shares+0.16 ppfrom 4.86%Mar 31, 2025SEC
OESXOrion Energy Systems, Inc.Feb 3, 20254:34 PM ET13G5.21%1.72M sharesNewDec 31, 2024SEC
RRGBRed Robin Gourmet Burgers IncFeb 3, 20254:26 PM ET13G/A4.86%845.2K shares−0.81 ppfrom 5.67%Below 5%Dec 31, 2024SEC
RRGBRed Robin Gourmet Burgers IncNov 7, 20242:14 PM ET13G5.67%892.7K sharesNewSep 30, 2024SEC
INFUInfuSystem Holdings, IncNov 7, 20242:07 PM ET13G/A4.83%1.03M shares–Below 5%Sep 30, 2024SEC
HURCHurco Companies IncNov 7, 20241:58 PM ET13G/A6.11%423.3K shares–Sep 30, 2024SEC
HURCHurco Companies IncFeb 2, 202413GOld format–New–SEC
INFUInfuSystem Holdings, IncFeb 2, 202413G/AOld format–––SEC
INFUInfuSystem Holdings, IncJan 12, 202313GOld format–New–SEC