Mill Road Capital Management LLC
Net seller this quarter
$203M
22
-$31M
85.2%
Holdings
| Company | Value | % of portfolio | % of company | POSITION CHANGE qoq % | First reported |
|---|---|---|---|---|---|
| Q2 2026 | |||||
 MG | $33.7M | 16.64% | 6.06% | +3.2% | Q4 2020 |
 ALTG | $28.3M | 13.97% | 13.43% | Not reported | Q1 2021 |
 GO | $24.5M | 12.09% | 2.48% | +3.5% | Q2 2025 |
 BZH | $23.6M | 11.65% | 3.08% | +0.4% | Q2 2024 |
 NVRI | $15.3M | 7.54% | 2.47% | -66.8% | Q3 2024 |
 NDLS | $13M | 6.43% | 14.59% | Not reported | Q4 2017 |
 BWMN | $9.75M | 4.81% | 1.94% | +58.7% | Q1 2025 |
 LCUT | $8.57M | 4.23% | 4.37% | -5.7% | Q2 2013 |
 BXC | $8.35M | 4.12% | 1.73% | Not reported | Q3 2023 |
 QNST | $7.6M | 3.75% | 0.92% | Not reported | Q4 2020 |
 MATW | $5.51M | 2.72% | 0.66% | +18.5% | Q4 2025 |
 BBCP | $5.19M | 2.56% | 0.85% | Not reported | Q1 2021 |
 ARHS | $4.44M | 2.19% | 0.38% | +30.5% | Q4 2024 |
 FWRD | $3.95M | 1.95% | 0.87% | +28.9% | Q4 2024 |
 CVEO | $3.26M | 1.61% | 0.85% | -8.5% | Q3 2021 |
 KRP | $3.13M | 1.55% | 0.80% | -2.6% | Q1 2021 |
 CNTY | $1.4M | 0.69% | 3.90% | Not reported | Q1 2021 |
 CULP | $1.01M | 0.50% | 2.56% | Not reported | Q4 2020 |
 RSVR | $889K | 0.44% | 0.14% | -84.0% | Q2 2025 |
 PZZA | $603K | 0.30% | 0.05% | -48.6% | Q1 2026 |
 BLBD | $458K | 0.23% | 0.02% | Not reported | Q2 2025 |
 AIOT | $57.8K | 0.03% | 0.01% | Not reported | Q2 2025 |
| Q1 2026 | |||||
| NVRI | $41M | 21.50% | Not reported | Not reported | Q3 2024 |
| MG | $27.6M | 14.49% | 5.88% | +11.8% | Q4 2020 |
| ALTG | $23.5M | 12.31% | 13.44% | +1.9% | Q1 2021 |
| GO | $16.7M | 8.76% | 2.42% | +139.1% | Q2 2025 |
| BZH | $16.1M | 8.45% | 2.96% | +0.4% | Q2 2024 |
| NDLS | $7.44M | 3.90% | 14.78% | 0.0% | Q4 2017 |
| BXC | $7.31M | 3.83% | 1.72% | Not reported | Q3 2023 |
| QNST | $6.23M | 3.27% | 0.90% | Not reported | Q4 2020 |
| LCUT | $6.12M | 3.21% | 4.66% | Not reported | Q2 2013 |
| BWMN | $5.98M | 3.13% | 1.23% | Not reported | Q1 2025 |
| RSVR | $5.49M | 2.88% | 0.85% | -45.3% | Q2 2025 |
| MATW | $4.46M | 2.34% | 0.55% | +31.2% | Q4 2025 |
| FWRD | $3.79M | 1.99% | 0.72% | +35.3% | Q4 2024 |
 PLAB | $3.24M | 1.70% | 0.14% | Not reported | Q1 2025 |
| KRP | $3.2M | 1.68% | 0.82% | -58.9% | Q1 2021 |
| BBCP | $3.08M | 1.61% | 0.85% | Not reported | Q1 2021 |
| ARHS | $2.74M | 1.44% | 0.29% | Not reported | Q4 2024 |
| CVEO | $2.69M | 1.41% | 0.93% | +11.0% | Q3 2021 |
| CNTY | $1.52M | 0.80% | 3.85% | Not reported | Q1 2021 |
| PZZA | $1.03M | 0.54% | 0.10% | New | Q1 2026 |
| CULP | $890K | 0.47% | 2.56% | Not reported | Q4 2020 |
| BLBD | $329K | 0.17% | 0.02% | Not reported | Q2 2025 |
| AIOT | $46.5K | 0.02% | 0.01% | +0.7% | Q2 2025 |
| Q4 2025 | |||||
| NVRI | $37.5M | 22.26% | Not reported | Not reported | Q3 2024 |
| MG | $21.2M | 12.57% | 5.30% | 0.0% | Q4 2020 |
| ALTG | $19.7M | 11.73% | 13.35% | Not reported | Q1 2021 |
| BZH | $16.9M | 10.05% | 2.83% | +2.5% | Q2 2024 |
| GO | $10M | 5.95% | 1.01% | +2741.0% | Q2 2025 |
| BXC | $8.29M | 4.93% | 1.72% | +5.6% | Q3 2023 |
| RSVR | $7.76M | 4.61% | 1.56% | +212.9% | Q2 2025 |
| QNST | $7.46M | 4.43% | 0.91% | +41.5% | Q4 2020 |
| KRP | $6.33M | 3.76% | 2.01% | -11.5% | Q1 2021 |
| NDLS | $4.92M | 2.92% | 119.02% | Not reported | Q4 2017 |
| LCUT | $4.21M | 2.50% | 4.70% | Not reported | Q2 2013 |
| FWRD | $4.19M | 2.49% | 0.54% | +31.3% | Q4 2024 |
 NGS | $3.67M | 2.18% | 0.87% | -73.1% | Q4 2020 |
| MATW | $3.44M | 2.04% | 0.42% | New | Q4 2025 |
| BBCP | $2.89M | 1.72% | 0.84% | +0.4% | Q1 2021 |
| PLAB | $2.57M | 1.52% | 0.14% | -75.3% | Q1 2025 |
| CVEO | $2.1M | 1.25% | 0.80% | +554.8% | Q3 2021 |
| TRUE | $2M | 1.19% | Not reported | -48.6% | Q1 2023 |
| CNTY | $1.46M | 0.87% | 3.81% | Not reported | Q1 2021 |
| CULP | $1.16M | 0.69% | 2.56% | Not reported | Q4 2020 |
| BLBD | $273K | 0.16% | 0.02% | Not reported | Q2 2025 |
| AIOT | $79.8K | 0.05% | 0.01% | Not reported | Q2 2025 |
| Q3 2025 | |||||
| ALTG | $31.1M | 16.19% | 13.35% | Not reported | Q1 2021 |
| NVRI | $26.5M | 13.82% | Not reported | +0.8% | Q3 2024 |
| PHLT | $25.2M | 13.13% | Not reported | Not reported | Q2 2015 |
| BZH | $20M | 10.41% | 2.74% | -0.2% | Q2 2024 |
| MG | $16.5M | 8.57% | 5.30% | +0.3% | Q4 2020 |
| NGS | $11.3M | 5.90% | 3.23% | Not reported | Q4 2020 |
| BXC | $9.34M | 4.87% | 1.63% | Not reported | Q3 2023 |
| KRP | $8.2M | 4.27% | 2.27% | -10.1% | Q1 2021 |
| PLAB | $7.45M | 3.88% | 0.55% | Not reported | Q1 2025 |
| QNST | $5.67M | 2.95% | 0.64% | +11.1% | Q4 2020 |
| NDLS | $4.43M | 2.31% | 14.89% | Not reported | Q4 2017 |
| LCUT | $4.12M | 2.15% | 4.70% | Not reported | Q2 2013 |
| ZIMV | $3.55M | 1.85% | 0.66% | Not reported | Q4 2024 |
| FWRD | $3.27M | 1.70% | 0.41% | Not reported | Q4 2024 |
| TRUE | $3.17M | 1.65% | Not reported | Not reported | Q1 2023 |
| BBCP | $3.02M | 1.57% | 0.83% | Not reported | Q1 2021 |
| CNTY | $2.86M | 1.49% | 3.70% | Not reported | Q1 2021 |
| RSVR | $2.67M | 1.39% | 0.50% | +1318.9% | Q2 2025 |
| CULP | $1.45M | 0.75% | 2.58% | Not reported | Q4 2020 |
 TTAM | $704K | 0.37% | Not reported | +23.6% | Q2 2025 |
| GO | $560K | 0.29% | 0.04% | +249.0% | Q2 2025 |
| BLBD | $334K | 0.17% | 0.02% | Not reported | Q2 2025 |
| CVEO | $322K | 0.17% | 0.12% | Not reported | Q3 2021 |
| AIOT | $78.6K | 0.04% | 0.01% | Not reported | Q2 2025 |