Q4 2025 · 13F-HR
GENDELL JEFFREY Lholdings as filed
Filed 2026-02-13 · accession 0001214659-26-001719
$5.76B
Reported value
94
Positions
2025-12-31
Period end
The Brief · GENDELL JEFFREY L · Q4 2025
AI · grounded in 13F
GENDELL JEFFREY L established a new position in WTM valued at $67.6M. The fund also initiated a new stake in HAL for $26M and increased its holding in OC by 349.3%. On the sell side, the fund closed its positions in IWM for $24.1M, AMRZ for $11.7M, and XLE for $9.3M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 44951W106 | IESC | IES HOLDINGS INC | $4.03B | 69.9% | 10,348,407 | Common | SHARED |
| 690742101 | OC | OWENS CORNING | $103.2M | 1.79% | 922,063 | Common | SHARED |
| G29687103 | AVDL | AVADEL PHARMACEUTICALS | $102.8M | 1.79% | 4,769,357 | Common | SHARED |
| 020764106 | AMR | ALPHA METALLURGICAL RESOURCE | $98.8M | 1.72% | 494,072 | Common | SHARED |
| G9618E107 | WTM | WHITE MOUNTAINS INSURANCE GP | $67.6M | 1.17% | 32,520 | Common | SHARED |
| 901109108 | TPC | TUTOR PERINI CORP | $59.6M | 1.04% | 889,915 | Common | SHARED |
| 37247D106 | GNW | GENWORTH FINANCIAL INC | $58.6M | 1.02% | 6,485,888 | Common | SHARED |
| 608190104 | MHK | MOHAWK INDUSTRIES INC | $48.7M | 0.85% | 445,669 | Common | SHARED |
| H8817H100 | RIG | TRANSOCEAN LTD | $44.6M | 0.77% | 10,789,833 | Common | SHARED |
| 09624H208 | BXC | BLUELINX HOLDINGS INC | $44.2M | 0.77% | 718,993 | Common | SHARED |
| 92189H607 | OIH | VANECK OIL SERVICES ETF | $41.7M | 0.72% | 146,532 | Common | SHARED |
| 595112103 | MU | MICRON TECHNOLOGY INC | $40.9M | 0.71% | 143,373 | Common | SHARED |
| Y2573F102 | FLEX | FLEX LTD | $40.9M | 0.71% | 676,448 | Common | SHARED |
| G4766E116 | INDV | INDIVIOR PLC | $39.3M | 0.68% | 1,096,343 | Common | SHARED |
| 80004C200 | SNDK | SANDISK CORP | $39.3M | 0.68% | 165,449 | Common | SHARED |
| 550241103 | LUMN | LUMEN TECHNOLOGIES INC | $37.0M | 0.64% | 4,761,216 | Common | SHARED |
| 958102105 | WDC | WESTERN DIGITAL CORP | $36.2M | 0.63% | 210,189 | Common | SHARED |
| 806857108 | SLB | SLB LTD | $33.4M | 0.58% | 870,000 | Common | SHARED |
| 05614L209 | BW | BABCOCK & WILCOX ENTERPR | $32.0M | 0.56% | 5,046,068 | Common | SHARED |
| 78464A870 | XBI | SS SPDR S&P BIOTECH ETF | $32.0M | 0.56% | 262,278 | Common | SHARED |
| 90278Q108 | UFPI | UFP INDUSTRIES INC | $31.0M | 0.54% | 340,698 | Common | SHARED |
| 88162F105 | TTI | TETRA TECHNOLOGIES INC | $27.0M | 0.47% | 2,885,544 | Common | SHARED |
| 830830105 | SKY | CHAMPION HOMES INC | $26.8M | 0.47% | 317,097 | Common | SHARED |
| 219350105 | GLW | CORNING INC | $26.3M | 0.46% | 300,900 | Common | SHARED |
| 406216101 | HAL | HALLIBURTON CO | $26.0M | 0.45% | 921,100 | Common | SHARED |
| 047649108 | ATKR | ATKORE INC | $24.5M | 0.43% | 387,201 | Common | SHARED |
| G29687103 | AVDL | AVADEL PHARMACEUTICALS | $24.4M | 0.42% | 1,131,500 | CALL | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES | $22.5M | 0.39% | 105,000 | Common | SHARED |
| 33733E807 | FCG | FIRST TRUST NATURAL GAS ETF | $22.1M | 0.38% | 943,874 | Common | SHARED |
| 45768S105 | IOSP | INNOSPEC INC | $21.8M | 0.38% | 285,351 | Common | SHARED |
| 26884L109 | EQT | EQT CORP | $18.9M | 0.33% | 351,863 | Common | SHARED |
| G6359F137 | NBR | NABORS INDUSTRIES LTD | $18.6M | 0.32% | 342,799 | Common | SHARED |
| 502160104 | LXU | LSB INDUSTRIES INC | $18.1M | 0.32% | 2,134,130 | Common | SHARED |
| 097023105 | BA | BOEING CO/THE | $17.8M | 0.31% | 81,811 | Common | SHARED |
| 218937100 | CNR | CORE NATURAL RESOURCES INC | $16.0M | 0.28% | 180,749 | Common | SHARED |
| 704551100 | BTU | PEABODY ENERGY CORP | $15.0M | 0.26% | 506,614 | Common | SHARED |
| G87110105 | FTI | TECHNIPFMC PLC | $14.3M | 0.25% | 320,000 | Common | SHARED |
| 53115L104 | LBRT | LIBERTY ENERGY INC | $14.2M | 0.25% | 771,289 | Common | SHARED |
| 83191H107 | SND | SMART SAND INC | $12.5M | 0.22% | 3,126,915 | Common | SHARED |
| 302491303 | FMC | FMC CORP | $12.5M | 0.22% | 900,000 | Common | SHARED |
| 576853105 | MTRX | MATRIX SERVICE CO | $12.4M | 0.21% | 1,057,561 | Common | SHARED |
| 023139884 | OSG | OCTAVE SPECIALTY GROUP INC | $12.2M | 0.21% | 1,569,472 | Common | SHARED |
| 703343103 | PATK | PATRICK INDUSTRIES INC | $11.4M | 0.20% | 105,088 | Common | SHARED |
| 231021106 | CMI | CUMMINS INC | $11.4M | 0.20% | 22,240 | Common | SHARED |
| 68628V308 | ORN | ORION GROUP HOLDINGS INC | $11.0M | 0.19% | 1,104,300 | Common | SHARED |
| 86722A103 | SXC | SUNCOKE ENERGY INC | $10.6M | 0.18% | 1,472,040 | Common | SHARED |
| 678026105 | OIS | OIL STATES INTERNATIONAL INC | $10.6M | 0.18% | 1,565,269 | Common | SHARED |
| 21867A105 | CLB | CORE LABORATORIES INC | $10.4M | 0.18% | 648,460 | Common | SHARED |
| 760281204 | RBCAA | REPUBLIC BANCORP INC-CLASS A | $9.9M | 0.17% | 142,916 | Common | SHARED |
| 74348T102 | PSEC | PROSPECT CAPITAL CORP | $9.7M | 0.17% | 3,728,319 | Common | SHARED |
| 037833100 | AAPL | APPLE INC | $9.5M | 0.17% | 35,000 | Common | SHARED |
| 444859102 | HUM | HUMANA INC | $9.2M | 0.16% | 36,000 | Common | SHARED |
| 071734107 | BHC | BAUSCH HEALTH COS INC | $9.0M | 0.16% | 1,298,275 | Common | SHARED |
| 576690101 | MTRN | MATERION CORP | $8.9M | 0.15% | 71,296 | Common | SHARED |
| M87915274 | TSEM | TOWER SEMICONDUCTOR LTD | $8.8M | 0.15% | 75,000 | Common | SHARED |
| 44951J105 | IROQ | IF BANCORP INC | $8.8M | 0.15% | 326,179 | Common | SHARED |
| 457651107 | INVX | INNOVEX INTERNATIONAL INC | $8.6M | 0.15% | 392,311 | Common | SHARED |
| 071813109 | BAX | BAXTER INTERNATIONAL INC | $8.5M | 0.15% | 446,125 | Common | SHARED |
| 710577107 | PEBK | PEOPLES BANCORP OF NC | $7.9M | 0.14% | 217,763 | Common | SHARED |
| 358435105 | FRD | FRIEDMAN INDUSTRIES | $7.3M | 0.13% | 354,576 | Common | SHARED |
| 382550101 | GT | GOODYEAR TIRE & RUBBER CO | $7.2M | 0.12% | 820,569 | Common | SHARED |
| 974637100 | WGO | WINNEBAGO INDUSTRIES | $6.9M | 0.12% | 170,585 | Common | SHARED |
| 33741H107 | FUNC | FIRST UNITED CORP | $6.7M | 0.12% | 178,352 | Common | SHARED |
| 84445C100 | SLND | SOUTHLAND HOLDINGS INC | $6.3M | 0.11% | 1,899,940 | Common | SHARED |
| 05352A100 | AVTR | AVANTOR INC | $6.2M | 0.11% | 545,000 | Common | SHARED |
| 23291C103 | BOOM | DMC GLOBAL INC | $6.0M | 0.10% | 902,306 | Common | SHARED |
| 26205E107 | DTI | DRILLING TOOLS INTERNATIONAL | $6.0M | 0.10% | 2,439,737 | Common | SHARED |
| 81617J301 | WTTR | SELECT WATER SOLUTIONS INC | $5.7M | 0.10% | 546,309 | Common | SHARED |
| 33744V103 | FUSB | FIRST US BANCSHARES INC | $5.6M | 0.10% | 397,454 | Common | SHARED |
| 320866106 | FMBH | FIRST MID BANCSHARES INC | $5.4M | 0.09% | 137,473 | Common | SHARED |
| 62955J103 | NOV | NOV INC | $5.3M | 0.09% | 339,697 | Common | SHARED |
| 01446U103 | ALRS | ALERUS FINANCIAL CORP | $5.3M | 0.09% | 233,700 | Common | SHARED |
| 03074A102 | ASRV | AMERISERV FINANCIAL INC | $5.2M | 0.09% | 1,635,677 | Common | SHARED |
| 19247G107 | COHR | COHERENT CORP | $5.1M | 0.09% | 27,627 | Common | SHARED |
| 174903104 | CZWI | CITIZENS COMMUNITY BANCORP I | $4.4M | 0.08% | 248,319 | Common | SHARED |
| 45782B302 | INSG | INSEEGO CORP | $4.4M | 0.08% | 429,301 | Common | SHARED |
| 170386106 | COFS | CHOICEONE FINANCIAL SVCS INC | $4.4M | 0.08% | 148,548 | Common | SHARED |
| 48253L205 | KLXE | KLX ENERGY SERVICES HOLDING | $3.3M | 0.06% | 1,753,108 | Common | SHARED |
| 46138G474 | PSCE | INVESCO S&P SMALLCAP ENERGY | $2.9M | 0.05% | 68,469 | Common | SHARED |
| 133034108 | CAC | CAMDEN NATIONAL CORP | $2.7M | 0.05% | 61,269 | Common | SHARED |
| 05603E208 | BVFL | BV FINANCIAL INC | $2.6M | 0.04% | 141,262 | Common | SHARED |
| 825107105 | SHBI | SHORE BANCSHARES INC | $2.4M | 0.04% | 136,840 | Common | SHARED |
| 913915104 | UTI | UNIVERSAL TECHNICAL INSTITUT | $2.4M | 0.04% | 91,585 | Common | SHARED |
| 683827208 | OCC | OPTICAL CABLE CORP | $1.8M | 0.03% | 415,340 | Common | SHARED |
| 013872106 | AA | ALCOA CORP | $1.8M | 0.03% | 33,394 | Common | SHARED |
| 87876P201 | TGEN | TECOGEN INC/WALTHAM MA | $1.5M | 0.03% | 295,541 | Common | SHARED |
| 31447P100 | FENC | FENNEC PHARMACEUTICALS INC | $1.1M | 0.02% | 139,559 | Common | SHARED |
| 78408D105 | SBFG | SB FINANCIAL GROUP INC | $1.0M | 0.02% | 46,286 | Common | SHARED |
| 095825105 | BRBS | BLUE RIDGE BANKSHARES INC | $916,376 | 0.02% | 214,608 | Common | SHARED |
| 31931U102 | FRBA | FIRST BANK/HAMILTON NJ | $805,536 | 0.01% | 48,939 | Common | SHARED |
| 458665304 | TILE | INTERFACE INC | $698,000 | 0.01% | 25,000 | Common | SHARED |
| G33856108 | GSM | FERROGLOBE PLC | $454,706 | 0.01% | 97,997 | Common | SHARED |
| 858586100 | SCL | STEPAN CO | $430,265 | 0.01% | 9,085 | Common | SHARED |
| 178867107 | CIVB | CIVISTA BANCSHARES INC | $222,200 | 0.00% | 10,000 | Common | SHARED |
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.