JCP Investment Management, LLC

HOUSTON, TX · CIK 1461945 · 13F filing filed 2026-08-13

SEC-registered investment adviser since 2019 · limited liability company

Assets managed$252.3m
Staff6 · 6 in investment roles
Main clients (by assets)High net worth individuals 55%, Private funds 45%
Private funds2 (2 hedge) · $113.8m gross assets
Websitejcpinv.com
Form ADV · 2026-03-27SEC adviser record

$187.1m reported value +24.5% vs Q1 2026

26positions

83.0%in top 10

8 new 8 added 3 reduced 6 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	51,888	$38.8m20.76%	20.76%	Added +944	+944 1.9%
2	UNITED NAT FOODS INC COM UNFI	UNFI	494,371	$22.6m12.07%	12.07%	Unchanged
3	HOWARD HUGHES HOLDINGS INC COM HHH	HHH	314,100	$22.5m12.00%	12.00%	Added +80.0k	+80,000 34.2%
4	FIDELITY NATIONAL FINANCIAL FNF GROUP COM FNF	FNF	376,527	$17.8m9.49%	9.49%	Unchanged
5	RED ROBIN GOURMET BURGERS IN COM RRGB	RRGB	1,912,614	$15.3m8.17%	8.17%	Added +41.4k	+41,379 2.2%
6	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	26,324	$13.2m7.04%	7.04%	Added +19.6k	+19,649 294.4%
7	AMERESCO INC CL A AMRC	AMRC	339,000	$9.4m5.00%	5.00%	New
8	ABM INDS INC COM ABM	ABM	140,728	$6.2m3.33%	3.33%	New
9	JOINT CORP COM JYNT	JYNT	593,906	$5.2m2.79%	2.79%	Unchanged
10	KINDER MORGAN INC DEL COM KMI	KMI	139,731	$4.5m2.39%	2.39%	Reduced -139.5k	-139,508 -50.0%
11	MCDONALDS CORP COM MCD	MCD	14,800	$4.0m2.14%	2.14%	Added +3.0k	+3,000 25.4%
12	GENERAC HLDGS INC COM GNRC	GNRC	12,710	$3.7m1.99%	1.99%	Reduced -25.8k	-25,800 -67.0%
13	FUTURECREST ACQUISITION CORP UNIT 99/99/9999 FCRS.U	FCRS.U	330,677	$3.5m1.85%	1.85%	Unchanged
14	OWENS CORNING NEW COM OC	OC	20,000	$3.2m1.70%	1.70%	New
15	JANUS HENDERSON GROUP PLC ORD SHS ORD SHS		60,000	$3.1m1.67%	1.67%	Added +32.0k	+32,000 114.3%
16	WHITESTONE REIT COM COM		114,881	$2.2m1.16%	1.16%	New
17	TANDY LEATHER FACTORY INC COM TLF	TLF	876,059	$2.0m1.09%	1.09%	Unchanged
18	HARLEY DAVIDSON INC COM HOG	HOG	83,030	$2.0m1.09%	1.09%	New
19	JAKKS PAC INC COM NEW JAKK	JAKK	76,598	$1.8m0.95%	0.95%	New
20	DOORDASH INC CL A DASH	DASH	9,600	$1.8m0.95%	0.95%	Added +3.0k	+3,000 45.5%
21	GLOBAL BUSINESS TRAVEL GROUP COM CL A COM CL A		150,000	$1.4m0.75%	0.75%	New
22	SUN LIFE FINANCIAL INC. COM SLF	SLF	12,520	$981.8k0.52%	0.52%	Reduced -242	-242 -1.9%
23	BARNWELL INDS INC COM BRN	BRN	724,547	$731.8k0.39%	0.39%	Added +315.3k	+315,323 77.0%
24	KROGER CO COM KR	KR	12,293	$682.6k0.36%	0.36%	Unchanged
25	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	1,560	$577.3k0.31%	0.31%	Unchanged
26	RICE ACQUISITION CORP 3 ORD SHS CL A KRSP	KRSP	10,000	$107.1k0.06%	0.06%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
SEMPRA SRE	SRE	106,400	$10.4m106.4k shares
AIR LEASE CORP AL	AL	40,000	$2.6m40.0k shares
BJS RESTAURANTS INC BJRI	BJRI	47,443	$1.7m47.4k shares
KENNEDY-WILSON HOLDINGS INC KW	KW	151,334	$1.6m151.3k shares
FARMER BROS CO FARM	FARM	979,650	$1.2m979.6k shares
RICE ACQUISITION CORP 3 KRSP.U	KRSP.U	10,000	$106.0k10.0k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
TRACK GROUP INC COM TRCK · 13D · filed 2026-05-05	TRCK	41.3%	new	13D	2026-05-05
INNOVATIVE FOOD HOLDINGS IVFH · 13D · filed 2025-05-16	IVFH	18.1%		13D	2025-05-16
RED ROBIN GOURMET BURGERS IN RRGB · 13D · filed 2026-10-27	RRGB	10.3%≈ $15.5m	-0.1 pts	13D	2026-10-27
DENNYS CORP DENN · 13D · filed 2025-09-15	DENN	7.8%	new	13D	2025-09-15
BARNWELL INDS INC BRN · 13D · filed 2026-04-17	BRN	5.1%≈ $731.8k	new	13D	2026-04-17