Riverwater Partners Trims Position in Mama's Creations (MAMA) Amid Valuation Concerns
In its Q2 2026 investor letter, Riverwater Micro Opportunities Strategy revealed it trimmed its position in Mama’s Creations Inc. (NASDAQ:MAMA), a food company that produces and markets fresh deli-prepared foods. The fund cited the stock's premium valuation following strong performance as a key reason for reducing exposure, despite ongoing distribution gains at major retailers like Walmart and Target. The Micro Opportunities strategy underperformed the Russell Microcap Index in Q2 2026 due to its focus on profitable small businesses rather than speculative trends. The market was influenced by AI growth and geopolitical supply shocks, which benefited other sectors more directly. Mama’s Creations closed at $17.74 per share with a one-month return of -14.09% but gained 100.91% over the past year. Riverwater emphasized its long-term investment philosophy while acknowledging that some AI stocks may offer better upside potential and lower risk compared to MAMA.
Tickers: $MAMA
Topics: MAMA (NASDAQ:MAMA) micro-cap portfolio adjustment Riverwater Partners