Raging Capital Management 13F annual report

Raging Capital Management is an investment fund managing more than $18.2 million ran by Frederick Wasch. There are currently 3 companies in Mr. Wasch’s portfolio. The largest investments include Immersion Corp and Idw Media Hldgs Inc, together worth $18.2 million.

$18.2 million Assets Under Management (AUM)

As of 8th November 2021, Raging Capital Management’s top holding is 2,222,089 shares of Immersion Corp currently worth over $15.2 million and making up 83.4% of the portfolio value. Relative to the number of outstanding shares of Immersion Corp, Raging Capital Management owns less than approximately 0.1% of the company. In addition, the fund holds 1,063,156 shares of Idw Media Hldgs Inc worth $3.02 million. The third-largest holding is Castlight Health Inc worth $2 thousand.

Currently, Raging Capital Management's portfolio is worth at least $18.2 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Raging Capital Management

The Raging Capital Management office and employees reside in Rocky Hill, New Jersey. According to the last 13-F report filed with the SEC, Frederick Wasch serves as the Chief Financial Officer at Raging Capital Management.

Recent trades

In the most recent 13F filing, Raging Capital Management revealed that it had opened a new position in Idw Media Hldgs Inc and bought 1,063,156 shares worth $3.02 million.

On the other hand, there are companies that Raging Capital Management is getting rid of from its portfolio. Raging Capital Management closed its position in Liberty Media on 15th November 2021. It sold the previously owned 318,660 shares for $14.8 million. Frederick Wasch also disclosed a decreased stake in Castlight Health Inc by 1.0%. This leaves the value of the investment at $2 thousand and 1,000 shares.

One of the smallest hedge funds

The two most similar investment funds to Raging Capital Management are Caldera Capital and Ramsey Quantitative Systems. They manage $18.2 million and $18.2 million respectively.

Frederick Wasch investment strategy

Raging Capital Management’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Technology — making up 83.4% of the total portfolio value. The fund focuses on investments in the United States as 66.7% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up approximately 0.1% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $247 million.

The complete list of Raging Capital Management trades based on 13F SEC filings

These positions were updated on November 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Immersion Corp	No change 2,222,089	$15,199,000	83.42%
Liberty Media Corp.	Closed 318,660	$14,843,000
Idw Media Hldgs Inc	Opened 1,063,156	$3,019,000	16.57%
Castlight Health Inc	99.96% 1,000	$2,000	0.01%
No transactions found
Showing first 500 out of 4 holdings