What happened According to a filing with the Securities and Exchange Commission dated May 15, 2026, Doma Perpetual Capital Management LLC increased its position in Nomad Foods (NYSE:NOMD) by 487,482 shares during the first quarter.
The estimated trade value is $5.60 million, calculated using the average unadjusted closing price for the quarter
The quarter-end value of the stake decreased by $3.59 million, reflecting both additional shares and price movement. What else to know This was a buy; Nomad Foods represented 8.62% of the fund’s 13F assets under management after the trade. – Top holdings after the filing: – Pacira BioSciences: $62.78 million (16.9% of AUM) – DaVita: $48.57 million (13.0% of AUM) – Merchants Bancorp: $47.87 million (12.9% of AUM) – Inmode: $41.96 million (11.3% of AUM) – Afya: $33.98 million (9.1% of AUM) – As of May 20, 2026, shares were trading at $10.42, down 44% over the last year and underperforming the S&P 500 by 69 percentage points. Company Overview Company Snapshot – Nomad Foods Limited produces and sells frozen food products, including fish, vegetables, poultry, ready-made meals, ice cream, and bakery goods under brands such as Birds Eye, Iglo, and Findus. – The company generates revenue primarily through direct sales to supermarkets and food retail chains across Europe, leveraging a portfolio of well-known consumer brands. – Main customers are supermarket chains and food retailers in the United Kingdom, Italy, Germany, France, and other European markets.
Nomad Foods Limited is a leading European frozen foods company with a diverse product portfolio and strong brand recognition across multiple markets. What this transaction means for investors Doma Perpetual likes to run a concentrated portfolio of deep-value style stocks, and Nomad Foods certainly fits this strategy. The firm’s purchase in Q1 was its third straight in three quarters, and Nomad has quickly become a key position, accounting for 8.6% of its portfolio.