Cannell Capital LLC 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Cannell Capital LLC disclosed 48 US equity positions worth $296.4m in its Q1 2025 13F filing. The largest position was NOA at 9.6% of the reported book, followed by CVCO and GPGI. Against the Q4 2024 filing, it opened 7 new positions, added to 12 and reduced 24 among the top 48 holdings.
What did Cannell Capital LLC own in Q1 2025? Top 48 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | NOA NORTH AMERN CONSTR GROUP LTD | Energy | 9.6% | $28.4m | 1,797,815 | 6% | added |
| 2 | CVCO CAVCO INDS INC DEL | Consumer Cyclical | 8.9% | $26.3m | 50,520 | -40% | reduced |
| 3 | GPGI COMPOSECURE INC | Industrials | 7.8% | $23.0m | 2,115,322 | -7% | reduced |
| 4 | COMP COMPASS INC | Real Estate | 6.6% | $19.5m | 2,235,773 | -22% | reduced |
| 5 | SAN JUAN BASIN RTY TR | 5.7% | $16.8m | 3,045,408 | 66% | added | |
| 6 | UTI UNIVERSAL TECHNICAL INST INC | Consumer Defensive | 5.5% | $16.4m | 639,145 | -55% | reduced |
| 7 | MDXG MIMEDX GROUP INC | Healthcare | 5.5% | $16.2m | 2,132,960 | -41% | reduced |
| 8 | SNDL SNDL INC | 4.3% | $12.7m | 8,994,424 | -12% | reduced | |
| 9 | CRON CRONOS GROUP INC | Healthcare | 3.9% | $11.5m | 6,331,242 | 285% | added |
| 10 | INSE INSPIRED ENTMT INC | 3.3% | $9.8m | 1,150,227 | -34% | reduced | |
| 11 | GBLI GLOBAL INDEMNITY GROUP LLC | 3.2% | $9.6m | 278,472 | 13% | added | |
| 12 | ETON ETON PHARMACEUTICALS INC | 3.0% | $9.0m | 691,367 | 81% | added | |
| 13 | NXDR NEXTDOOR HOLDINGS INC | Communication Services | 2.9% | $8.7m | 5,701,111 | -15% | reduced |
| 14 | ARKO ARKO CORP | 2.9% | $8.5m | 2,159,798 | -20% | reduced | |
| 15 | 5TC TRUECAR INC | 2.4% | $7.3m | 4,594,741 | -23% | reduced | |
| 16 | CLH CLEAN HARBORS INC | Industrials | 2.1% | $6.2m | 31,618 | -56% | reduced |
| 17 | SWKHL SWK HLDGS CORP | 2.1% | $6.2m | 354,759 | 0% | held | |
| 18 | BBW BUILD-A-BEAR WORKSHOP INC | Consumer Cyclical | 1.9% | $5.7m | 154,243 | -51% | reduced |
| 19 | OPEN LENDING CORP | 1.8% | $5.3m | 1,921,844 | -23% | reduced | |
| 20 | GOLD A-MARK PRECIOUS METALS INC | Financial Services | 1.6% | $4.7m | 186,776 | 217% | added |
| 21 | OSUR ORASURE TECHNOLOGIES INC | Healthcare | 1.6% | $4.7m | 1,394,453 | -5% | reduced |
| 22 | TDAY GANNETT CO INC | Communication Services | 1.5% | $4.4m | 1,525,686 | -49% | reduced |
| 23 | REAL THE REALREAL INC | Consumer Cyclical | 1.5% | $4.4m | 815,362 | – | new |
| 24 | RHLD RESOLUTE HLDGS MGMT INC | 1.4% | $4.3m | 136,896 | – | new | |
| 25 | TIPT TIPTREE INC | Financial Services | 1.2% | $3.6m | 148,416 | -73% | reduced |
| 26 | PRSU PURSUIT ATTRACTIONS AND HOSP | Consumer Cyclical | 1.0% | $2.8m | 79,959 | -76% | reduced |
| 27 | LEE LEE ENTERPRISES INC | 0.8% | $2.3m | 226,003 | 5% | added | |
| 28 | NGS NATURAL GAS SVCS GROUP INC | Energy | 0.6% | $1.9m | 87,423 | – | new |
| 29 | PRTS CARPARTS COM INC | 0.6% | $1.8m | 1,789,521 | 55% | added | |
| 30 | TTSH TILE SHOP HLDGS INC | Consumer Cyclical | 0.5% | $1.5m | 230,997 | -10% | reduced |
| 31 | DGICA DONEGAL GROUP INC | 0.5% | $1.4m | 72,100 | 0% | held | |
| 32 | PNRG PRIMEENERGY RESOURCES CORP | 0.5% | $1.4m | 6,053 | 0% | held | |
| 33 | PPIH PERMA-PIPE INTL HLDGS INC | 0.5% | $1.4m | 110,101 | -8% | reduced | |
| 34 | LOGC CONTEXTLOGIC INC | 0.4% | $1.2m | 172,386 | 9% | added | |
| 35 | GSAT GLOBALSTAR INC | Communication Services | 0.4% | $1.1m | 50,740 | – | new |
| 36 | TPB TURNING PT BRANDS INC | Consumer Defensive | 0.3% | $992.5k | 16,698 | – | new |
| 37 | MITK MITEK SYS INC | Technology | 0.3% | $876.1k | 106,200 | -45% | reduced |
| 38 | LUCK LUCKY STRIKE ENTERTAINMENT C | 0.2% | $716.3k | 73,391 | -50% | reduced | |
| 39 | COMPOSECURE INC | 0.2% | $676.5k | 177,104 | 18% | added | |
| 40 | EM7 EMERALD HOLDING INC | 0.2% | $641.8k | 163,299 | -93% | reduced | |
| 41 | LDI LOANDEPOT INC | 0.2% | $590.8k | 496,489 | -89% | reduced | |
| 42 | WINA WINMARK CORP | Consumer Cyclical | 0.2% | $523.5k | 1,647 | -25% | reduced |
| 43 | NTIP NETWORK-1 TECHNOLOGIES INC | 0.2% | $477.5k | 367,290 | 6% | added | |
| 44 | LAZYDAYS HLDGS INC | 0.1% | $394.5k | 1,216,114 | -0% | held | |
| 45 | CBNA CHAIN BRIDGE BANCORP INC | 0.1% | $367.9k | 15,472 | – | new | |
| 46 | OPRT OPORTUN FINL CORP | 0.0% | $122.7k | 22,342 | – | new | |
| 47 | ARKO CORP | 0.0% | $21.1k | 367,790 | 22% | added | |
| 48 | COLOMBIER ACQUISITION CORP I | 0.0% | $18.6k | 23,300 | 0% | held |
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.