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GATE CITY CAPITAL MANAGEMENT, LLC

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13F filer, CIK 1705447, CHICAGO, IL

GATE CITY CAPITAL MANAGEMENT, LLC reported $173,420,624 across 15 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-15. Its ten largest share positions make up 92.43% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001398344-25-009449

Period
2025-03-31
Reported value
$173M
Holdings
15
Top 10 weight
92.43%
New
1
Sold out
1

Part of the filer group GATE CITY CAPITAL MANAGEMENT, LLC

  • Michael Melby
How groups are built

Largest buys vs the previous quarter

SecurityShares changeApprox. value
HOSadded+1,407,179$11.7M
EVCadded+1,725,618$3.62M
ALCOadded+107,573$3.21M
TGnew+121,810$938K
BSETadded+33,505$511K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
NLOPexited-100,437-$3.13M
STRTreduced-77,800-$3.07M
IPIreduced-85,100-$2.5M
CULPreduced-243,042-$1.22M
MOSreduced-25,000-$675K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2025

Share positions as resolved from 13F-HR 0001398344-25-009449, largest first. % of portfolio is the value over $173,420,624, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
HOSHORNBECK OFFSHORE SERVICES IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,892,575 shares; 2025Q1: 3,299,754 shares 3,299,754$27.4M15.81%+1,407,179Timeline
ALCOALICO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 770,844 shares; 2024Q4: 770,844 shares; 2025Q1: 878,417 shares 878,417$26.2M15.11%+107,573Timeline
EVCENTRAVISION COMMUNICATIONS CQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,805,603 shares; 2024Q4: 10,473,634 shares; 2025Q1: 12,199,252 shares 12,199,252$25.6M14.77%+1,725,618Timeline
IPIINTREPID POTASH INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 837,570 shares; 2024Q4: 838,921 shares; 2025Q1: 753,821 shares 753,821$22.2M12.78%-85,100Timeline
MOSMOSAIC COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 500,000 shares; 2024Q4: 692,141 shares; 2025Q1: 667,141 shares 667,141$18M10.39%-25,000Timeline
SGASAGA COMMUNICATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 444,131 shares; 2024Q4: 863,845 shares; 2025Q1: 863,845 shares 863,845$10.8M6.21%0Timeline
STRTSTRATTEC SEC CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 412,341 shares; 2024Q4: 328,060 shares; 2025Q1: 250,260 shares 250,260$9.88M5.69%-77,800Timeline
KSSKOHLS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 909,741 shares; 2025Q1: 941,850 shares 941,850$7.7M4.44%+32,109Timeline
CPHCCANTERBURY PK HLDG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 284,833 shares; 2024Q4: 332,903 shares; 2025Q1: 359,836 shares 359,836$6.57M3.79%+26,9332026-09-30, 13D: 484,749 shares, 9.35% of the class, 13D filed 2026-10-01 Timeline
CULPCULP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,431,712 shares; 2024Q4: 1,431,712 shares; 2025Q1: 1,188,670 shares 1,188,670$5.94M3.43%-243,042Timeline
HTLDHEARTLAND EXPRESS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 405,175 shares; 2024Q4: 590,893 shares; 2025Q1: 602,193 shares 602,193$5.55M3.2%+11,300Timeline
FFFUTUREFUEL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 851,898 shares; 2025Q1: 851,839 shares 851,839$3.32M1.92%-59Timeline
BSETBASSETT FURNITURE INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 92,397 shares; 2024Q4: 147,527 shares; 2025Q1: 181,032 shares 181,032$2.76M1.59%+33,505Timeline
TGTREDEGAR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 121,810 shares 121,810$938K0.54%newTimeline
AXRAMREP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 127,361 shares; 2024Q4: 23,689 shares; 2025Q1: 27,922 shares 27,922$560K0.32%+4,233Timeline

Sold out in Q1 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
NLOPNET LEASE OFFICE PROPERTIES100,437$3.13Mshares

How Q1 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001398344-25-009449 base2025-05-15acceptance time not in the bulk data set