Riverwater Exited Perella Weinberg (PWP) as Smaller M&A Advisors Face a Tough Road Ahead
Riverwater Partners, an investment management company, released its ‘Small Cap Strategy’ Q2 2026 investor letter. The letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Ranger Investment Management Conrad Doenges (Cio) | 322,560 | $5,260,954 | +1% | 0.49% |
| 2. | Levin Capital Strategies John A. Levin | 10,000 | $163,100 | 0.01% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $17.41 | 77,753 | $1,353,679.73 | 1,061,260 | 2026-08-07 | Filing | |
| $17.17 | 80,045 | $1,374,372.65 | 1,139,013 | 2026-08-06 | Filing | |
| $17.36 | 77,899 | $1,352,326.64 | 1,219,058 | 2026-08-05 | Filing | |
| $15.76 | 100,000 | $1,576,000.00 | 287,922 | 2026-06-12 | Filing | |
| $17.46 | 14,018 | $244,754.28 | 72,492 | 2026-05-20 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 1,096,984 | $17,892,034 | 0% | |
| 2. | 342,527 | $5,586,615 | 0.04% | |
| 3. | 278,605 | $4,544,042 | 0% | |
| 4. | 46,447 | $757,551 | 0.21% | |
| 5. | 41,554 | $677,745 | 0% |