Posted on July 22, 2024
Portolan Capital Management, LLC has acquired a significant equity interest, 5.5%, in Orion Group Holdings by buying over 1.8 million shares according to a SEC filing.
According to its web site, “Portolan Capital Management, LLC is a Boston-based SEC registered investment adviser focused on small- and mid-cap equity investing. Founded in 2004 by George McCabe, Portolan employs fundamental analysis and rigorous primary research in its investment decisions and active management of its portfolios. Portolan services qualified individuals, private and public institutions through its management of separate accounts, pooled investment vehicles and within sub-advisory relationships.”
Prior to founding Portolan, McCabe was associated with the legendary investor Peter Lynch.
