Here’s Why Ace River Capital Decided to Sell MarineMax (HZO)
Ace River Capital, an investment management company, released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Levin Capital Strategies John A. Levin | 697,897 | $16,910,044 | -3% | 1.46% |
| 2. | Portolan Capital Management George Mccabe | 487,426 | $11,810,332 | +25% | 0.63% |
| 3. | Royce & Associates Chuck Royce | 404,156 | $9,792,700 | +3% | 0.1% |
| 4. | First Eagle Investment Management Jean-Marie Eveillard | 276,435 | $6,698,020 | +2% | 0.01% |
| 5. | Citadel Investment Group Ken Griffin | 248,686 | $6,025,662 | -5% | 0% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $23.37 | 1,000 | $23,370.00 | 2,000 | 2025-03-11 | Filing | |
| $26.50 | 1,000 | $26,500.00 | 1,000 | 2025-02-24 | Filing | |
| $14.15 | 1,000 | $14,150.00 | 60,267 | 2017-07-24 | Filing | |
| $22.00 | 1,000 | $22,000.00 | 45,821 | 2015-04-29 | Filing | |
| $16.20 | 1,500 | $24,300.00 | 1,500 | 2014-05-05 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $28.17 | 600 | $16,902.00 | 173,038 | 2025-08-25 | Filing | |
| $27.52 | 59,400 | $1,634,688.00 | 173,638 | 2025-08-25 | Filing | |
| $30.63 | 4,100 | $125,583.00 | 23,560 | 2025-01-27 | Filing | |
| $31.06 | 4,000 | $124,240.00 | 11,451 | 2025-01-27 | Filing | |
| $32.08 | 12,500 | $401,000.00 | 67,114 | 2024-11-07 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 3,019,380 | $73,159,577 | 0% | |
| 2. | 2,165,158 | $52,461,778 | 0.03% | |
| 3. | 1,447,784 | $35,079,807 | 0% | |
| 4. | 1,044,643 | $25,311,736 | 0.01% | |
| 5. | 953,009 | $23,091,408 | 0% |