Q3 2023 · 13F-HR
Potomac Capital Management, Inc.holdings as filed
Filed 2023-11-14 · accession 0001418746-23-000006
$78.2M
Reported value
51
Positions
2023-09-30
Period end
The Brief · Potomac Capital Management, Inc. · Q3 2023
AI · grounded in 13F
Potomac Capital Management, Inc. established a new position in CNXX valued at $14.5M. The fund also initiated new stakes in LSAK for $5.95M and INSE for $5.1M. Other new additions include SATS at $3.91M and KVHI at $3.64M. The fund ended the period with 50 positions and total AUM of $78.22M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 212873103 | CNXX | CONX CORP | $14.5M | 18.5% | 1,393,403 | Common | SOLE |
| 64107N206 | LSAK | LESAKA TECHNOLOGIES INC | $6.0M | 7.61% | 1,525,999 | Common | SOLE |
| 45782N108 | INSE | INSPIRED ENTMT INC | $5.1M | 6.53% | 426,905 | Common | SOLE |
| 278768106 | SATS | ECHOSTAR CORP | $3.9M | 5.00% | 233,600 | Common | SOLE |
| 482738101 | KVHI | KVH INDS INC | $3.6M | 4.66% | 714,255 | Common | SOLE |
| 18270P109 | CLAR | CLARUS CORP NEW | $3.2M | 4.13% | 427,211 | Common | SOLE |
| 714157203 | PESI | PERMA-FIX ENVIRONMENTAL SVCS | $3.1M | 3.96% | 296,471 | Common | SOLE |
| 20459V105 | GPGI | COMPOSECURE INC | $2.8M | 3.63% | 440,715 | Common | SOLE |
| G3R239101 | GAMB | GAMBLING COM GROUP LIMITED | $2.8M | 3.55% | 212,196 | Common | SOLE |
| 096308101 | BBX1USD | BLUEGREEN VACATIONS HLDG COR | $2.3M | 3.00% | 64,026 | Common | SOLE |
| M0854Q105 | ALLT | ALLOT LTD | $2.2M | 2.87% | 1,028,562 | Common | SOLE |
| 05614L209 | BW | BABCOCK & WILCOX ENTERPRISES | $2.1M | 2.68% | 498,481 | Common | SOLE |
| 294100102 | ENZB | ENZO BIOCHEM INC | $2.0M | 2.60% | 1,455,000 | Common | SOLE |
| 25470M109 | DISH | DISH NETWORK CORPORATION | $1.8M | 2.34% | 312,000 | Common | SOLE |
| 92557A101 | DSP | VIANT TECHNOLOGY INC | $1.7M | 2.17% | 302,648 | Common | SOLE |
| 535919401 | LGFEUR | LIONS GATE ENTMNT CORP | $1.5M | 1.86% | 171,587 | Common | SOLE |
| 30052C107 | EOLS | EVOLUS INC | $1.4M | 1.81% | 154,847 | Common | SOLE |
| G98338109 | YTRA | YATRA ONLINE INC | $1.1M | 1.38% | 537,467 | Common | SOLE |
| 206787103 | CNDT | CONDUENT INC | $1.1M | 1.35% | 304,000 | Common | SOLE |
| 04523Y105 | ASPN | ASPEN AEROGELS INC | $1.0M | 1.29% | 117,226 | Common | SOLE |
| 81761L102 | SVC | SERVICE PPTYS TR | $899,730 | 1.15% | 117,000 | Common | SOLE |
| 92534K107 | VTNRUSD | VERTEX ENERGY INC | $879,075 | 1.12% | 197,545 | Common | SOLE |
| 78464A870 | XBI | SPDR SER TR | $843,673 | 1.08% | 11,554 | Common | SOLE |
| L72967109 | OEC | ORION S.A. | $808,640 | 1.03% | 38,000 | Common | SOLE |
| 461148108 | — | INTEVAC INC | $808,600 | 1.03% | 260,000 | Common | SOLE |
| 84790A105 | SPB | SPECTRUM BRANDS HLDGS INC NE | $783,500 | 1.00% | 10,000 | Common | SOLE |
| 878739200 | TPCS | TECHPRECISION CORP | $761,472 | 0.97% | 104,886 | Common | SOLE |
| 131193104 | CALY | TOPGOLF CALLAWAY BRANDS CORP | $761,200 | 0.97% | 55,000 | Common | SOLE |
| 45675Y104 | III | INFORMATION SVCS GROUP INC | $727,080 | 0.93% | 166,000 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $691,181 | 0.88% | 25,244 | Common | SOLE |
| 88677Q109 | TTS1EUR | TILE SHOP HLDGS INC | $665,393 | 0.85% | 121,201 | Common | SOLE |
| 98400M101 | XELBUSD | XCEL BRANDS INC | $662,972 | 0.85% | 631,402 | Common | SOLE |
| 824889109 | SCVL | SHOE CARNIVAL INC | $618,508 | 0.79% | 25,739 | Common | SOLE |
| L0175J104 | ASPS | ALTISOURCE PORTFOLIO SOLNS S | $582,999 | 0.75% | 146,115 | Common | SOLE |
| 88338K103 | STKS | THE ONE GROUP HOSPITALITY IN | $538,604 | 0.69% | 97,928 | Common | SOLE |
| 20717M103 | 8QR | CONFLUENT INC | $458,955 | 0.59% | 15,500 | Common | SOLE |
| 746228303 | PCYO | PURE CYCLE CORP | $449,213 | 0.57% | 46,793 | Common | SOLE |
| 73931J109 | AIOT | POWERFLEET INC | $448,302 | 0.57% | 216,571 | Common | SOLE |
| 73939C106 | — | POWERSCHOOL HOLDINGS INC | $430,540 | 0.55% | 19,000 | Common | SOLE |
| 168905107 | PLCE | CHILDRENS PL INC NEW | $367,608 | 0.47% | 13,600 | Common | SOLE |
| 909214306 | UIS | UNISYS CORP | $329,461 | 0.42% | 95,496 | Common | SOLE |
| 29270J100 | ERII | ENERGY RECOVERY INC | $233,310 | 0.30% | 11,000 | CALL | SOLE |
| 45170X205 | INVE | IDENTIV INC | $168,800 | 0.22% | 20,000 | Common | SOLE |
| 558256103 | MSGE | MADISON SQUARE GARDEN ENTMT | $164,550 | 0.21% | 5,000 | Common | SOLE |
| 04746L104 | — | ATHIRA PHARMA INC | $150,662 | 0.19% | 74,585 | Common | SOLE |
| 09061H307 | BMRAUSD | BIOMERICA INC | $147,541 | 0.19% | 171,519 | Common | SOLE |
| 74874Q100 | QNST | QUINSTREET INC | $116,610 | 0.15% | 13,000 | Common | SOLE |
| 25470M109 | DISH | DISH NETWORK CORPORATION | $108,996 | 0.14% | 18,600 | CALL | SOLE |
| 87427V103 | TALK | TALKSPACE INC | $108,420 | 0.14% | 55,600 | Common | SOLE |
| 050734201 | AEYE | AUDIOEYE INC | $100,485 | 0.13% | 20,300 | Common | SOLE |
| 52110H100 | GORV | LAZYDAYS HLDGS INC | $76,000 | 0.10% | 10,000 | 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.