Q3 2025 · 13F-HR
CANNELL CAPITAL LLCholdings as filed
Filed 2025-11-14 · accession 0001420506-25-003414
$656.1M
Reported value
58
Positions
2025-09-30
Period end
The Brief · CANNELL CAPITAL LLC · Q3 2025
AI · grounded in 13F
CANNELL CAPITAL LLC established a new position in IWM valued at $267.99M. The fund also initiated new stakes in SNDL for $23.99M and GPGI for $20.93M. Additional new positions include CVCO, NOA, and TPB.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464287655 | IWM | ISHARES TR | $268.0M | 40.8% | 11,076 | PUT | SOLE |
| 83307B101 | SNDL | SNDL INC | $24.0M | 3.66% | 8,951,755 | Common | SOLE |
| 20459V105 | GPGI | COMPOSECURE INC | $20.9M | 3.19% | 1,005,077 | Common | SOLE |
| 149568107 | CVCO | CAVCO INDS INC DEL | $18.7M | 2.85% | 32,161 | Common | SOLE |
| 656811106 | NOA | NORTH AMERN CONSTR GROUP LTD | $18.5M | 2.82% | 1,303,978 | Common | SOLE |
| 90041L105 | TPB | TURNING PT BRANDS INC | $17.8M | 2.71% | 180,100 | Common | SOLE |
| 651718504 | NPKI | NPK INTERNATIONAL INC | $16.4M | 2.51% | 1,454,204 | Common | SOLE |
| 20464U100 | COMP | COMPASS INC | $14.6M | 2.23% | 1,821,131 | Common | SOLE |
| 602496101 | MDXG | MIMEDX GROUP INC | $14.1M | 2.14% | 2,013,840 | Common | SOLE |
| 533535100 | LINC | LINCOLN EDL SVCS CORP | $13.5M | 2.06% | 576,505 | Common | SOLE |
| 63886Q109 | NGS | NATURAL GAS SVCS GROUP INC | $10.0M | 1.53% | 359,021 | Common | SOLE |
| 29772L108 | ETON | ETON PHARMACEUTICALS INC | $9.9M | 1.51% | 455,405 | Common | SOLE |
| 68376D104 | OPRT | OPORTUN FINL CORP | $9.1M | 1.38% | 1,470,870 | Common | SOLE |
| 55406W103 | LUXE | LUXEXPERIENCE BV | $8.9M | 1.36% | 1,045,962 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $8.9M | 1.35% | 108,799 | Common | SOLE |
| 693282105 | PDFS | PDF SOLUTIONS INC | $8.7M | 1.33% | 337,315 | Common | SOLE |
| 37959R103 | GBLI | GLOBAL INDEMNITY GROUP LLC | $8.2M | 1.25% | 282,313 | Common | SOLE |
| 092667104 | SRTA | STRATA CRITICAL MEDICAL INC | $8.1M | 1.23% | 1,598,489 | Common | SOLE |
| 40051E202 | ASR | GRUPO AEROPORTUARIO DEL SURE | $7.8M | 1.19% | 24,120 | Common | SOLE |
| 63001N106 | NATL | NCR ATLEOS CORPORATION | $7.8M | 1.18% | 197,650 | Common | SOLE |
| 65345M108 | NXDR | NEXTDOOR HOLDINGS INC | $7.8M | 1.18% | 3,711,008 | Common | SOLE |
| 226718104 | CRTO | CRITEO S A | $7.4M | 1.13% | 328,543 | Common | SOLE |
| 798241105 | SJT | SAN JUAN BASIN RTY TR | $7.3M | 1.12% | 1,213,124 | Common | SOLE |
| 81617J301 | WTTR | SELECT WATER SOLUTIONS INC | $7.2M | 1.10% | 672,830 | Common | SOLE |
| 68554V108 | OSUR | ORASURE TECHNOLOGIES INC | $6.7M | 1.03% | 2,099,815 | Common | SOLE |
| 72352L106 | PINS | PINTEREST INC | $6.6M | 1.01% | 206,468 | Common | SOLE |
| 80517M109 | SVV | SAVERS VALUE VLG INC | $6.6M | 1.01% | 498,654 | Common | SOLE |
| 577128101 | MATW | MATTHEWS INTL CORP | $6.5M | 0.99% | 267,369 | Common | SOLE |
| 55955D100 | MGNI | MAGNITE INC | $5.8M | 0.88% | 265,152 | Common | SOLE |
| 68373J104 | LPRO | OPEN LENDING CORP | $5.5M | 0.84% | 2,619,093 | Common | SOLE |
| 913915104 | UTI | UNIVERSAL TECHNICAL INST INC | $5.5M | 0.84% | 169,273 | Common | SOLE |
| 22717L101 | CRON | CRONOS GROUP INC | $5.4M | 0.83% | 1,957,504 | Common | SOLE |
| 184496107 | CLH | CLEAN HARBORS INC | $5.4M | 0.82% | 23,067 | Common | SOLE |
| 807066105 | SCHL | SCHOLASTIC CORP | $5.3M | 0.81% | 1,943 | CALL | SOLE |
| 00181T107 | GOLD | A-MARK PRECIOUS METALS INC | $4.9M | 0.75% | 189,933 | Common | SOLE |
| 807066105 | SCHL | SCHOLASTIC CORP | $4.2M | 0.64% | 154,463 | Common | SOLE |
| N97284108 | NBIS | NEBIUS GROUP N.V. | $4.0M | 0.61% | 35,500 | Common | SOLE |
| 88339P101 | REAL | THE REALREAL INC | $3.8M | 0.58% | 359,081 | Common | SOLE |
| 78501P203 | SWKH | SWK HLDGS CORP | $3.5M | 0.54% | 241,322 | Common | SOLE |
| 120076104 | BBW | BUILD-A-BEAR WORKSHOP INC | $3.3M | 0.50% | 49,937 | Common | SOLE |
| 714167103 | PPIH | PERMA-PIPE INTL HLDGS INC | $2.8M | 0.43% | 121,170 | Common | SOLE |
| 04681Y103 | ASIC | ATEGRITY SPECIALTY IN CO HO | $2.8M | 0.43% | 142,325 | Common | SOLE |
| 378973507 | GSAT | GLOBALSTAR INC | $2.6M | 0.40% | 72,029 | Common | SOLE |
| 00187Y100 | APG | API GROUP CORP | $2.2M | 0.33% | 62,825 | Common | SOLE |
| 45170X205 | INVE | IDENTIV INC | $2.1M | 0.32% | 610,855 | Common | SOLE |
| 15746L100 | CBNA | CHAIN BRIDGE BANCORP INC | $2.0M | 0.31% | 61,609 | Common | SOLE |
| 00768Y453 | MSOS | ADVISORSHARES TR | $1.9M | 0.28% | 3,866 | CALL | SOLE |
| 10948C107 | BV | BRIGHTVIEW HLDGS INC | $1.9M | 0.28% | 138,063 | Common | SOLE |
| 74158E104 | PNRG | PRIMEENERGY RESOURCES CORP | $1.6M | 0.25% | 9,670 | Common | SOLE |
| 64121N109 | NTIP | NETWORK-1 TECHNOLOGIES INC | $1.6M | 0.24% | 1,070,123 | Common | SOLE |
| 02913V103 | APEI | AMERICAN PUB ED INC | $1.6M | 0.24% | 39,310 | Common | SOLE |
| 88677Q109 | TTS1EUR | TILE SHOP HLDGS INC | $1.6M | 0.24% | 256,392 | Common | SOLE |
| 257701201 | DGICA | DONEGAL GROUP INC | $1.3M | 0.19% | 65,434 | Common | SOLE |
| 523768406 | LEE | LEE ENTERPRISES INC | $1.1M | 0.17% | 205,846 | Common | SOLE |
| 974250102 | WINA | WINMARK CORP | $819,827 | 0.12% | 1,647 | Common | SOLE |
| 050734201 | AEYE | AUDIOEYE INC | $544,379 | 0.08% | 39,277 | Common | SOLE |
| 62188E103 | MLCI | MOUNT LOGAN CAP INC | $513,778 | 0.08% | 65,869 | Common | SOLE |
| 038169207 | APLD | APPLIED DIGITAL CORP | $474,422 | 0.07% | 20,681 | 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.