22NW, LP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
22NW, LP disclosed 20 US equity positions worth $149.1m in its Q1 2025 13F filing. The largest position was LFCR at 20.0% of the reported book, followed by FSTR and ANEB. Against the Q4 2024 filing, it opened 7 new positions, added to 3 and reduced 1 among the top 20 holdings.
What did 22NW, LP own in Q1 2025? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | LFCR LIFECORE BIOMEDICAL INC | 20.0% | $29.8m | 1,755,161 | 0% | held | |
| 2 | FSTR FOSTER L B CO | Industrials | 17.3% | $25.8m | 1,313,121 | 0% | held |
| 3 | ANEB ANEBULO PHARMACEUTICALS INC | 13.5% | $20.1m | 15,467,300 | 0% | held | |
| 4 | STRL STERLING INFRASTRUCTURE INC | Industrials | 7.6% | $11.3m | 99,783 | 0% | held |
| 5 | CULP CULP INC | 6.2% | $9.3m | 1,859,061 | 14% | added | |
| 6 | SRI STONERIDGE INC | Consumer Cyclical | 5.0% | $7.5m | 1,627,653 | 375% | added |
| 7 | MLYS MINERALYS THERAPEUTICS INC | Healthcare | 4.9% | $7.3m | 461,344 | – | new |
| 8 | PHENIXFIN CORP | 4.2% | $6.2m | 117,885 | 0% | held | |
| 9 | BBSI BARRETT BUSINESS SVCS INC | Industrials | 3.7% | $5.5m | 132,452 | -50% | reduced |
| 10 | RGNX REGENXBIO INC | Healthcare | 3.2% | $4.8m | 668,679 | – | new |
| 11 | FB1 FARMER BROS CO | 2.9% | $4.3m | 1,955,526 | 0% | held | |
| 12 | DHX DHI GROUP INC | Technology | 2.4% | $3.6m | 2,603,643 | 0% | held |
| 13 | UFI UNIFI INC | Consumer Cyclical | 2.4% | $3.5m | 731,535 | 213% | added |
| 14 | ELDN ELEDON PHARMACEUTICALS INC | 1.4% | $2.2m | 636,364 | – | new | |
| 15 | CMPS COMPASS PATHWAYS PLC | Healthcare | 1.2% | $1.8m | 646,559 | – | new |
| 16 | KROS KEROS THERAPEUTICS INC | Healthcare | 1.2% | $1.8m | 179,000 | – | new |
| 17 | NKTR NEKTAR THERAPEUTICS | Healthcare | 1.0% | $1.5m | 2,191,750 | 0% | held |
| 18 | SSKN STRATA SKIN SCIENCES INC | 1.0% | $1.4m | 536,995 | 0% | held | |
| 19 | PMDUSD PSYCHEMEDICS CORPORATION CMN | 0.4% | $643.2k | 276,034 | – | new | |
| 20 | TISI TEAM INC | 0.4% | $589.4k | 34,835 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.