Boothbay Fund Management Increases Mohawk Industries Holdings

Investment firm grows stake in flooring manufacturer by nearly 180% in Q3

Mar. 16, 2026 at 7:52am

Got story updates? Submit your updates here. ›

Boothbay Fund Management LLC increased its holdings in Mohawk Industries, Inc. (NYSE:MHK) by 179.9% in the third quarter, according to a recent SEC filing. The firm now owns 49,483 shares of the company's stock, valued at $6.38 million. This represents a significant increase in Boothbay's position in the flooring manufacturer.

Why it matters

Mohawk Industries is a major player in the global flooring industry, with a diverse portfolio of residential and commercial products. Institutional investors like Boothbay closely monitor and adjust their holdings in the company, which can provide insights into market sentiment and future performance.

The details

According to the filing, Boothbay acquired an additional 31,804 shares of Mohawk Industries during the third quarter, bringing its total position to 49,483 shares. This represents a 179.9% increase in the firm's holdings. Boothbay now owns 0.08% of Mohawk's outstanding shares.

  • Boothbay increased its Mohawk Industries holdings in the third quarter of 2026.

The players

Boothbay Fund Management LLC

An investment management firm that increased its stake in Mohawk Industries by nearly 180% in the third quarter of 2026.

Mohawk Industries, Inc.

A global flooring manufacturer that designs, produces, and distributes a wide range of residential and commercial floor covering products.

Got photos? Submit your photos here. ›

The takeaway

Boothbay's significant increase in its Mohawk Industries holdings suggests the investment firm sees growth potential in the flooring manufacturer, which could signal broader market optimism about the company's future performance.