Q1 2026 · 13F-HR
FINDELL CAPITAL MANAGEMENT LLCholdings as filed
Filed 2026-05-15 · accession 0000921895-26-001410
$341.4M
Reported value
18
Positions
2026-03-31
Period end
The Brief · FINDELL CAPITAL MANAGEMENT LLC · Q1 2026
AI · grounded in 13F
FINDELL CAPITAL MANAGEMENT LLC established a new position in CVE valued at $9.9M. The fund also opened new stakes in ACHC for $8.8M and VET for $5.1M. On the sell side, the manager closed positions in LRN and ADMA, reducing holdings by $5.8M and $5.4M respectively.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 53635D202 | LQDA | LIQUIDIA CORPORATION | $132.2M | 38.7% | 3,502,112 | Common | SOLE |
| G31249108 | ESTA | ESTABLISHMENT LABS HLDGS INC | $56.7M | 16.6% | 997,747 | Common | SOLE |
| 23834J201 | DAVE | DAVE INC | $29.6M | 8.67% | 170,000 | Common | SOLE |
| 77664L207 | ROOT | ROOT INC | $16.6M | 4.85% | 375,000 | Common | SOLE |
| G8588X103 | SGHC | SUPER GROUP SGHC LIMITED | $16.2M | 4.74% | 1,500,000 | Common | SOLE |
| 36162J106 | GEO | GEO GROUP INC | $14.7M | 4.31% | 875,000 | Common | SOLE |
| 68376D104 | OPRT | OPORTUN FINL CORP | $12.7M | 3.71% | 2,748,300 | Common | SOLE |
| 00370M103 | ABVX | ABIVAX SA | $11.7M | 3.42% | 105,000 | Common | SOLE |
| 15135U109 | CVE | CENOVUS ENERGY INC | $9.9M | 2.91% | 375,000 | Common | SOLE |
| 00404A109 | ACHC | ACADIA HEALTHCARE COMPANY IN | $8.9M | 2.60% | 380,000 | Common | SOLE |
| 90041L105 | TPB | TURNING PT BRANDS INC | $8.2M | 2.41% | 95,000 | Common | SOLE |
| 15118V207 | CELH | CELSIUS HLDGS INC | $7.1M | 2.08% | 200,000 | Common | SOLE |
| 603170101 | MLYS | MINERALYS THERAPEUTICS INC | $5.5M | 1.60% | 202,000 | Common | SOLE |
| 923725105 | VET | VERMILION ENERGY INC | $5.1M | 1.49% | 370,000 | Common | SOLE |
| 038169207 | APLD | APPLIED DIGITAL CORP | $4.0M | 1.18% | 170,000 | Common | SOLE |
| 53635D202 | LQDA | LIQUIDIA CORPORATION | $1.9M | 0.55% | 50,000 | CALL | SOLE |
| 704551100 | BTU | PEABODY ENGR CORP | $276,154 | 0.08% | 8,381 | Common | SOLE |
| 28238P109 | EHTH | EHEALTH INC | $230,945 | 0.07% | 179,027 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.