Riverwater Partners Bought Werner Enterprises (WERN) Before the Analyst Upgrade Cycle
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. | Royce & Associates Chuck Royce | 337,202 | $11,458,124 | -15% | 0.1% |
| 2. | Squarepoint Ops LLC Maxime Fortin (Cio) | 117,163 | $3,981,199 | 0% | |
| 3. | Bayforest Capital Theodoros Tsagaris | 4,800 | $163,104 | +65% | 0.24% |
| 4. | Empirical Capital Partners Cristan Blackman | 0 | $0 | 0% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $28.83 | 26 | $749.82 | 65,080 | 2025-10-23 | Filing | |
| $26.30 | 227 | $5,979.25 | 65,054 | 2025-10-03 | Filing | |
| $28.63 | 25 | $714.49 | 64,826 | 2025-07-24 | Filing | |
| $29.14 | 176 | $5,124.53 | 64,802 | 2025-07-07 | Filing | |
| $25.48 | 27 | $686.11 | 64,626 | 2025-05-08 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $43.93 | 933 | $40,986.69 | 70,500 | 2026-06-12 | Filing | |
| $34.78 | 1,418 | $49,312.08 | 55,946 | 2026-02-20 | Filing | |
| $35.00 | 1,428 | $49,980.00 | 57,364 | 2026-02-19 | Filing | |
| $47.28 | 6,110 | $288,886.91 | 56,784 | 2021-03-12 | Filing | |
| $40.00 | 19,113 | $764,520.00 | 46,603 | 2020-12-09 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 3,891,539 | $132,234,688 | 0.02% | |
| 2. | 3,103,504 | $105,457,066 | 1.86% | |
| 3. | 1,615,921 | $54,919,217 | 0% | |
| 4. | 872,632 | $29,652,051 | 0.03% | |
| 5. | 483,283 | $16,452,787 | 1.2% |