Institutional
Nantahala Capital Management, LLC
CIK 0001472322
$2.72B
Reported AUM
137
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Nantahala Capital Management, LLC · Q1 2026
AI · grounded in 13F
Nantahala Capital Management, LLC closed its position in EB4 for a reduction of $30.5M and exited RAPT for $25.5M. The fund added 62 new positions and significantly increased its holdings in MLYS by 690.5% and PCVX by 678.3%. Other notable activity includes trimming shares of EW by 55.6% and TEVA by 40%.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | IWM | ISHARES TR | $292.59 | 1.39% | 37.55% | 37.83% | $508.4M | 18.72% | — | HELD |
| 2 | PTON | PELOTON INTERACTIVE INC | $6.38 | -3.19% | -2.95% | -93.61% | $128.4M | 4.73% | — | HELD |
| 3 | HLF | HERBALIFE LTD | $12.44 | -0.56% | 36.11% | -75.77% | $102.4M | 3.77% | — | HELD |
| 4 | HGV | HILTON GRAND VACATIONS INC | $46.32 | -9.92% | 4.11% | 6.02% | $101.3M | 3.73% | — | HELD |
| 5 | SLNO | SOLENO THERAPEUTICS INC | — | — | — | — | $83.5M | 3.07% | — | HELD |
| 6 | TBBK | BANCORP INC DEL | $64.78 | -4.16% | 3.66% | 162.69% | $80.9M | 2.98% | — | HELD |
| 7 | VTRS | VIATRIS INC | $17.76 | -0.34% | 110.24% | 49.20% | $67.5M | 2.49% | — | HELD |
| 8 | EW | EDWARDS LIFESCIENCES CORP | $86.92 | 1.35% | 8.31% | -26.68% | $64.1M | 2.36% | — | HELD |
| 9 | BVS | BIOVENTUS INC | $13.18 | 0.46% | 112.30% | -9.58% | $55.9M | 2.06% | — | HELD |
| 10 | ESTA | ESTABLISHMENT LABS HLDGS INC | $93.48 | 1.69% | 126.22% | 24.69% | $47.3M | 1.74% | — | HELD |
| 11 | QURE | UNIQURE NV | $42.19 | 5.29% | 201.90% | 42.57% | $46.4M | 1.71% | — | HELD |
| 12 | TEVA | TEVA PHARMACEUTICAL INDS LTD | $35.41 | 2.02% | 130.23% | 275.90% | $45.2M | 1.66% | — | HELD |
| 13 | SVRA | SAVARA INC | $5.54 | 4.92% | 113.90% | 257.42% | $40.1M | 1.48% | — | HELD |
| 14 | XBI | SPDR SERIES TRUST | $151.46 | 2.40% | 74.55% | 13.11% | $38.3M | 1.41% | — | HELD |
| 15 | XTNT | XTANT MED HLDGS INC | $0.43 | 0.00% | -22.79% | -65.68% | $38.2M | 1.40% | — | HELD |
| 16 | FOXF | FOX FACTORY HLDG CORP | $17.81 | -5.97% | -39.24% | -88.41% | $37.7M | 1.39% | — | HELD |
| 17 | CWH | CAMPING WORLD HLDGS INC | $6.30 | 4.13% | -53.74% | -80.11% | $35.9M | 1.32% | — | HELD |
| 18 | GOGO | GOGO INC | $4.14 | 6.57% | -72.69% | -69.26% | $35.7M | 1.31% | — | HELD |
| 19 | AMRX | AMNEAL PHARMACEUTICALS INC | $18.50 | -3.14% | 136.27% | 228.01% | $35.4M | 1.30% | — | HELD |
| 20 | RDNW | RIDENOW GROUP INC | $6.43 | -3.02% | 207.66% | -81.34% | $35.1M | 1.29% | — | HELD |
| 21 | REGN | REGENERON PHARMACEUTICALS | $738.34 | 6.17% | 29.20% | 7.52% | $30.9M | 1.14% | — | HELD |
| 22 | AVR | ANTERIS TECHNOLOGIES GLOBAL | $8.24 | 4.30% | 168.40% | 32.90% | $30.7M | 1.13% | — | HELD |
| 23 | ETON | ETON PHARMACEUTICALS INC | $49.03 | 1.87% | 240.55% | 813.09% | $29.0M | 1.07% | — | HELD |
| 24 | ABEO | ABEONA THERAPEUTICS INC | $6.47 | 3.85% | -0.31% | -80.39% | $27.0M | 1.00% | — | HELD |
| 25 | EOLS | EVOLUS INC | $6.01 | -0.33% | -34.32% | -43.30% | $26.2M | 0.96% | — | HELD |
| 26 | TNGX | TANGO THERAPEUTICS INC | $27.57 | 6.65% | 299.69% | 124.23% | $26.2M | 0.96% | — | HELD |
| 27 | LBRX | LB PHARMACEUTICALS INC | $40.90 | 4.87% | 142.26% | 152.32% | $26.0M | 0.96% | — | HELD |
| 28 | MLYS | MINERALYS THERAPEUTICS INC | $26.19 | -0.61% | 90.49% | 66.22% | $24.3M | 0.89% | — | HELD |
| 29 | ZVRA | ZEVRA THERAPEUTICS INC | $9.64 | -1.43% | -11.97% | 5.16% | $23.5M | 0.87% | — | HELD |
| 30 | FULC | FULCRUM THERAPEUTICS INC | $3.72 | 2.76% | -45.53% | -87.47% | $23.4M | 0.86% | — | HELD |
| 31 | FOSL | FOSSIL GROUP INC | $4.87 | 10.68% | — | — | $23.3M | 0.86% | — | HELD |
| 32 | ADCT | ADC THERAPEUTICS SA | $1.11 | 0.91% | — | — | $21.0M | 0.77% | — | HELD |
| 33 | TITN | TITAN MACHY INC | $17.73 | -1.66% | — | — | $21.0M | 0.77% | — | HELD |
| 34 | IMAX | IMAX CORP | $47.60 | -2.18% | — | — | $19.6M | 0.72% | — | HELD |
| 35 | VSTM | VERASTEM INC | $6.10 | 1.50% | — | — | $19.0M | 0.70% | — | HELD |
| 36 | BCRX | BIOCRYST PHARMACEUTICALS INC | $9.24 | -3.04% | — | — | $18.9M | 0.70% | — | HELD |
| 37 | AVTX | AVALO THERAPEUTICS INC | $19.39 | 2.00% | — | — | $18.4M | 0.68% | — | HELD |
| 38 | RMR | RMR GROUP INC | $19.46 | -0.66% | — | — | $17.8M | 0.65% | — | HELD |
| 39 | RYAM | RAYONIER ADVANCED MATLS INC | $8.96 | 7.56% | — | — | $17.7M | 0.65% | — | HELD |
| 40 | ALGN | ALIGN TECHNOLOGY INC | $173.41 | -3.70% | — | — | $17.1M | 0.63% | — | HELD |
| 41 | GERN | GERON CORP | $1.34 | -4.29% | — | — | $16.7M | 0.62% | — | HELD |
| 42 | PCVX | VAXCYTE INC | $55.96 | 5.62% | — | — | $15.9M | 0.59% | — | HELD |
| 43 | BNTC | BENITEC BIOPHARMA INC | $11.86 | -1.58% | — | — | $15.3M | 0.56% | — | HELD |
| 44 | ABVX | ABIVAX SA | $124.33 | 4.62% | — | — | $15.3M | 0.56% | — | HELD |
| 45 | ITGR | INTEGER HLDGS CORP | $100.86 | 1.04% | — | — | $15.1M | 0.56% | — | HELD |
| 46 | RH | RH | $166.21 | -5.64% | — | — | $15.1M | 0.55% | — | HELD |
| 47 | KROS | KEROS THERAPEUTICS INC | $10.22 | 2.51% | — | — | $15.0M | 0.55% | — | HELD |
| 48 | CHYM | CHIME FINL INC | $22.60 | 0.80% | — | — | $15.0M | 0.55% | — | HELD |
| 49 | JACK | JACK IN THE BOX INC | $16.34 | -0.79% | — | — | $14.9M | 0.55% | — | HELD |
| 50 | JCAP | JEFFERSON CAPITAL INC | $20.06 | -1.47% | — | — | $14.4M | 0.53% | — | HELD |
| 51 | AURA | AURA BIOSCIENCES INC | $7.11 | 1.43% | — | — | $14.2M | 0.52% | — | HELD |
| 52 | USNA | USANA HEALTH SCIENCES INC | $22.17 | -2.21% | — | — | $14.2M | 0.52% | — | HELD |
| 53 | MDXG | MIMEDX GROUP INC | $4.27 | 0.95% | — | — | $13.4M | 0.49% | — | HELD |
| 54 | ASRT | ASSERTIO HOLDINGS INC | — | — | — | — | $13.2M | 0.49% | — | HELD |
| 55 | DSGR | DISTRIBUTION SOLUTIONS GRP I | $34.56 | 0.06% | — | — | $13.0M | 0.48% | — | HELD |
| 56 | AGMB | AGOMAB THERAPEUTICS NV | $12.76 | 2.90% | — | — | $12.9M | 0.47% | — | HELD |
| 57 | HLXC | HELIX ACQUISITION CORP III | $10.51 | 0.00% | — | — | $12.7M | 0.47% | — | HELD |
| 58 | APYX | APYX MEDICAL CORPORATION | $4.12 | 7.29% | — | — | $12.7M | 0.47% | — | HELD |
| 59 | SLN | SILENCE THERAPEUTICS PLC | $11.62 | 0.61% | — | — | $11.3M | 0.42% | — | HELD |
| 60 | JANX | JANUX THERAPEUTICS INC | $15.58 | 4.14% | — | — | $11.3M | 0.41% | — | HELD |
| 61 | GLUE | MONTE ROSA THERAPEUTICS INC | $22.68 | 5.19% | — | — | $10.7M | 0.39% | — | HELD |
| 62 | FLWS | 1 800 FLOWERS COM INC | $3.84 | -2.29% | — | — | $10.3M | 0.38% | — | HELD |
| 63 | CNTA | CENTESSA PHARMACEUTICALS PLC | — | — | — | — | $10.1M | 0.37% | — | HELD |
| 64 | XFOR | X4 PHARMACEUTICALS INC | $4.00 | 0.00% | — | — | $10.1M | 0.37% | — | HELD |
| 65 | DUOL | DUOLINGO INC | $133.60 | -4.69% | — | — | $9.9M | 0.36% | — | HELD |
| 66 | COGT | COGENT BIOSCIENCES INC | $41.36 | 4.52% | — | — | $9.6M | 0.35% | — | HELD |
| 67 | SVC | SERVICE PPTYS TR | $8.06 | -0.74% | — | — | $9.6M | 0.35% | — | HELD |
| 68 | ILPT | INDUSTRIAL LOGISTICS PPTYS T | $8.47 | -2.98% | — | — | $9.5M | 0.35% | — | HELD |
| 69 | RSVR | RESERVOIR MEDIA INC | $10.77 | -2.53% | — | — | $9.2M | 0.34% | — | HELD |
| 70 | SLDB | SOLID BIOSCIENCES INC | $8.49 | 5.60% | — | — | $8.4M | 0.31% | — | HELD |
| 71 | TLSI | TRISALUS LIFE SCIENCES INC | $4.56 | 4.11% | — | — | $8.3M | 0.30% | — | HELD |
| 72 | CRMT | AMERICAS CAR-MART INC | $3.21 | 3.22% | — | — | $8.2M | 0.30% | — | HELD |
| 73 | VMD | VIEMED HEALTHCARE INC | $11.76 | 0.94% | — | — | $8.1M | 0.30% | — | HELD |
| 74 | IRD | OPUS GENETICS INC | $3.84 | 10.66% | — | — | $7.7M | 0.28% | — | HELD |
| 75 | KRRO | KORRO BIO INC | $10.45 | 3.77% | — | — | $7.5M | 0.28% | — | HELD |
| 76 | AMLX | AMYLYX PHARMACEUTICALS INC | $20.75 | 5.17% | — | — | $7.4M | 0.27% | — | HELD |
| 77 | DMRA | DAMORA THERAPEUTICS INC | $29.21 | 3.11% | — | — | $7.2M | 0.27% | — | HELD |
| 78 | LXEO | LEXEO THERAPEUTICS INC | $4.35 | 0.93% | — | — | $6.9M | 0.25% | — | HELD |
| 79 | VENU | VENU HLDG CORP | $2.24 | 7.18% | — | — | $6.8M | 0.25% | — | HELD |
| 80 | CDXS | CODEXIS INC | $1.48 | 0.68% | — | — | $6.7M | 0.25% | — | HELD |
| 81 | DHX | DHI GROUP INC | $4.08 | -0.24% | — | — | $6.7M | 0.25% | — | HELD |
| 82 | UNCY | UNICYCIVE THERAPEUTICS INC | $5.30 | 11.81% | — | — | $6.2M | 0.23% | — | HELD |
| 83 | GUTS | FRACTYL HEALTH INC | $0.69 | 0.00% | — | — | $6.1M | 0.23% | — | HELD |
| 84 | ALEC | ALECTOR INC | $1.62 | 6.58% | — | — | $6.1M | 0.22% | — | HELD |
| 85 | HAIN | HAIN CELESTIAL GROUP INC | $0.49 | 0.00% | — | — | $6.0M | 0.22% | — | HELD |
| 86 | DNTH | DIANTHUS THERAPEUTICS INC | $112.64 | 8.21% | — | — | $5.6M | 0.21% | — | HELD |
| 87 | NSPR | INSPIREMD INC | $0.67 | 0.00% | — | — | $5.5M | 0.20% | — | HELD |
| 88 | KOS | KOSMOS ENERGY LTD | $2.56 | 3.23% | — | — | $5.1M | 0.19% | — | HELD |
| 89 | COCH | ENVOY MEDICAL INC | $0.67 | 3.73% | — | — | $5.1M | 0.19% | — | HELD |
| 90 | ALTG | ALTA EQUIPMENT GROUP INC | $6.07 | 1.68% | — | — | $5.0M | 0.18% | — | HELD |
| 91 | DRIO | DARIOHEALTH CORP | $7.20 | 1.41% | — | — | $4.9M | 0.18% | — | HELD |
| 92 | RVMD | REVOLUTION MEDICINES INC | $192.17 | 6.22% | — | — | $4.9M | 0.18% | — | HELD |
| 93 | NDLS | NOODLES & CO | $17.58 | 10.29% | — | — | $4.7M | 0.17% | — | HELD |
| 94 | IKT | INHIBIKASE THERAPEUTICS INC | $2.28 | 3.17% | — | — | $4.5M | 0.17% | — | HELD |
| 95 | MARA 0 03/01/30 | MARA HOLDINGS INC | — | — | — | — | $4.4M | 0.16% | — | HELD |
| 96 | IRON | DISC MEDICINE INC | $79.21 | 7.52% | — | — | $4.3M | 0.16% | — | HELD |
| 97 | CZR | CAESARS ENTERTAINMENT INC NE | $29.61 | -0.54% | — | — | $4.0M | 0.15% | — | HELD |
| 98 | FORR | FORRESTER RESH INC | $9.74 | -5.07% | — | — | $3.9M | 0.14% | — | HELD |
| 99 | STKS | THE ONE GROUP HOSPITALITY IN | $1.79 | 1.13% | — | — | $3.8M | 0.14% | — | HELD |
| 100 | TELA | TELA BIO INC | $0.71 | 4.72% | — | — | $3.7M | 0.13% | — | HELD |
| 101 | UPB | UPSTREAM BIO INC | — | — | — | — | $3.6M | 0.13% | — | HELD |
| 102 | NNBR | NN INC | — | — | — | — | $3.5M | 0.13% | — | HELD |
| 103 | GRCE | GRACE THERAPEUTICS INC | — | — | — | — | $3.4M | 0.12% | — | HELD |
| 104 | CGON | CG ONCOLOGY INC | — | — | — | — | $3.3M | 0.12% | — | HELD |
| 105 | ELUT | ELUTIA INC | — | — | — | — | $3.3M | 0.12% | — | HELD |
| 106 | XNCR | XENCOR INC | — | — | — | — | $3.2M | 0.12% | — | HELD |
| 107 | ARVN | ARVINAS INC | — | — | — | — | $3.2M | 0.12% | — | HELD |
| 108 | KIDS | ORTHOPEDIATRICS CORP | — | — | — | — | $3.2M | 0.12% | — | HELD |
| 109 | COOK | TRAEGER INC | — | — | — | — | $3.0M | 0.11% | — | HELD |
| 110 | AYTU | AYTU BIOPHARMA INC | — | — | — | — | $3.0M | 0.11% | — | HELD |
| 111 | SRL | SCULLY ROYALTY LTD | — | — | — | — | $2.9M | 0.11% | — | HELD |
| 112 | VTLUSD | IMMUNIC INC | — | — | — | — | $2.8M | 0.10% | — | HELD |
| 113 | AKBA | AKEBIA THREAPEUTICS INC | — | — | — | — | $2.8M | 0.10% | — | HELD |
| 114 | RLYB | RALLYBIO CORP | — | — | — | — | $2.7M | 0.10% | — | HELD |
| 115 | TLPH | TALPHERA INC | — | — | — | — | $2.6M | 0.10% | — | HELD |
| 116 | GAIA | GAIA INC NEW | — | — | — | — | $2.5M | 0.09% | — | HELD |
| 117 | PAYO | PAYONEER GLOBAL INC | — | — | — | — | $2.3M | 0.09% | — | HELD |
| 118 | EHTH | EHEALTH INC | — | — | — | — | $2.3M | 0.08% | — | HELD |
| 119 | RDI | READING INTL INC | — | — | — | — | $2.2M | 0.08% | — | HELD |
| 120 | DXLG | DESTINATION XL GROUP INC | — | — | — | — | $2.1M | 0.08% | — | HELD |
| 121 | BRCC | BRC INC | — | — | — | — | $2.0M | 0.08% | — | HELD |
| 122 | TRDA | ENTRADA THERAPEUTICS INC | — | — | — | — | $2.0M | 0.07% | — | HELD |
| 123 | ACHV | ACHIEVE LIFE SCIENCE INC | — | — | — | — | $1.9M | 0.07% | — | HELD |
| 124 | POCI | PRECISION OPTICS CORP INC MA | — | — | — | — | $1.2M | 0.05% | — | HELD |
| 125 | PEPG | PEPGEN INC | — | — | — | — | $1.2M | 0.04% | — | HELD |
| 126 | VYNE | VYNE THERAPEUTICS INC | — | — | — | — | $1.2M | 0.04% | — | HELD |
| 127 | CRIS | CURIS INC | — | — | — | — | $1.1M | 0.04% | — | HELD |
| 128 | PERF | PERFECT CORP | — | — | — | — | $987K | 0.04% | — | HELD |
| 129 | ASPSW | ALTISOURCE PORTFOLIO SOLUTIO | — | — | — | — | $941K | 0.03% | — | HELD |
| 130 | ACU | ACME UTD CORP | — | — | — | — | $917K | 0.03% | — | HELD |
| 131 | — | SENTI BIOSCIENCES INC | — | — | — | — | $721K | 0.03% | — | HELD |
| 132 | ASPSZ | ALTISOURCE PORTFOLIO SOLUTIO | — | — | — | — | $495K | 0.02% | — | HELD |
| 133 | PHGE | BIOMX INC | — | — | — | — | $431K | 0.02% | — | HELD |
| 134 | SGRP | SPAR GROUP INC | — | — | — | — | $413K | 0.02% | — | HELD |
| 135 | APRE | APREA THERAPEUTICS INC | — | — | — | — | $157K | 0.01% | — | HELD |
| 136 | GFAIW | GUARDFORCE AI CO LTD | — | — | — | — | $9K | 0.00% | — | HELD |
| 137 | PERFF | PERFECT CORP | — | — | — | — | $238 | 0.00% | — | HELD |
Source: SEC EDGAR · accession 0001104659-26-062659. 13F discloses long positions only — shorts, foreign equities, and options are excluded.