Cannell Capital LLC 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Cannell Capital LLC disclosed 57 US equity positions worth $320.1m in its Q2 2025 13F filing. The largest position was GPGI at 9.2% of the reported book, followed by NOA and CVCO. Against the Q1 2025 filing, it opened 18 new positions, added to 11 and reduced 17 among the top 50 holdings.
What did Cannell Capital LLC own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | GPGI COMPOSECURE INC | Industrials | 9.2% | $29.5m | 2,093,321 | -1% | reduced |
| 2 | NOA NORTH AMERN CONSTR GROUP LTD | Energy | 7.7% | $24.7m | 1,547,321 | -14% | reduced |
| 3 | CVCO CAVCO INDS INC DEL | Consumer Cyclical | 6.4% | $20.6m | 47,448 | -6% | reduced |
| 4 | SAN JUAN BASIN RTY TR | 4.2% | $13.3m | 2,231,524 | -27% | reduced | |
| 5 | NPKI NPK INTERNATIONAL INC | Industrials | 4.0% | $12.9m | 1,517,890 | – | new |
| 6 | UTI UNIVERSAL TECHNICAL INST INC | Consumer Defensive | 4.0% | $12.8m | 377,732 | -41% | reduced |
| 7 | MDXG MIMEDX GROUP INC | Healthcare | 4.0% | $12.7m | 2,073,926 | -3% | reduced |
| 8 | OPRT OPORTUN FINL CORP | 3.6% | $11.5m | 1,601,244 | 7067% | added | |
| 9 | SNDL SNDL INC | 3.4% | $10.8m | 8,951,755 | -0% | held | |
| 10 | COMP COMPASS INC | Real Estate | 3.2% | $10.3m | 1,633,870 | -27% | reduced |
| 11 | NXDR NEXTDOOR HOLDINGS INC | Communication Services | 2.8% | $9.0m | 5,420,290 | -5% | reduced |
| 12 | GBLI GLOBAL INDEMNITY GROUP LLC | 2.8% | $8.9m | 282,313 | 1% | added | |
| 13 | NGS NATURAL GAS SVCS GROUP INC | Energy | 2.7% | $8.6m | 331,616 | 279% | added |
| 14 | 5TC TRUECAR INC | 2.3% | $7.3m | 3,835,473 | -17% | reduced | |
| 15 | OPEN LENDING CORP | 2.2% | $7.0m | 3,596,490 | 87% | added | |
| 16 | REAL THE REALREAL INC | Consumer Cyclical | 2.1% | $6.8m | 1,429,207 | 75% | added |
| 17 | BBW BUILD-A-BEAR WORKSHOP INC | Consumer Cyclical | 2.0% | $6.4m | 123,472 | -20% | reduced |
| 18 | ARKO ARKO CORP | 1.9% | $6.2m | 1,468,372 | -32% | reduced | |
| 19 | MATW MATTHEWS INTL CORP | Industrials | 1.9% | $5.9m | 247,827 | – | new |
| 20 | WTTR SELECT WATER SOLUTIONS INC | Energy | 1.8% | $5.8m | 672,830 | – | new |
| 21 | OSUR ORASURE TECHNOLOGIES INC | Healthcare | 1.7% | $5.6m | 1,864,989 | 34% | added |
| 22 | CRON CRONOS GROUP INC | Healthcare | 1.7% | $5.6m | 2,927,460 | -54% | reduced |
| 23 | ETON ETON PHARMACEUTICALS INC | 1.7% | $5.5m | 388,175 | -44% | reduced | |
| 24 | GOLD A-MARK PRECIOUS METALS INC | Financial Services | 1.6% | $5.1m | 228,384 | 22% | added |
| 25 | SWKHL SWK HLDGS CORP | 1.4% | $4.6m | 314,619 | -11% | reduced | |
| 26 | TPB TURNING PT BRANDS INC | Consumer Defensive | 1.4% | $4.6m | 60,279 | 261% | added |
| 27 | SVV SAVERS VALUE VLG INC | 1.3% | $4.0m | 395,387 | – | new | |
| 28 | LINC LINCOLN EDL SVCS CORP | Consumer Defensive | 1.2% | $3.8m | 165,394 | – | new |
| 29 | APG API GROUP CORP | Industrials | 1.1% | $3.5m | 69,524 | – | new |
| 30 | SRTA BLADE AIR MOBILITY INC | 1.1% | $3.5m | 862,844 | – | new | |
| 31 | BV BRIGHTVIEW HLDGS INC | 1.0% | $3.2m | 195,152 | – | new | |
| 32 | LUXE LUXEXPERIENCE BV | 1.0% | $3.2m | 408,495 | – | new | |
| 33 | ASR GRUPO AEROPORTUARIO DEL SURE | 1.0% | $3.2m | 10,167 | – | new | |
| 34 | MGNI MAGNITE INC | Communication Services | 1.0% | $3.1m | 126,578 | – | new |
| 35 | PINS PINTEREST INC | Communication Services | 0.9% | $3.0m | 83,598 | – | new |
| 36 | CLH CLEAN HARBORS INC | Industrials | 0.9% | $3.0m | 12,937 | -59% | reduced |
| 37 | SII SPROTT INC | Financial Services | 0.9% | $2.9m | 41,439 | – | new |
| 38 | NBIS NEBIUS GROUP N.V. | Communication Services | 0.8% | $2.5m | 44,527 | – | new |
| 39 | 1RG REV GROUP INC | 0.7% | $2.3m | 48,196 | – | new | |
| 40 | KSPI KASPI KZ JSC | 0.7% | $2.3m | 26,713 | – | new | |
| 41 | PPIH PERMA-PIPE INTL HLDGS INC | 0.7% | $2.1m | 93,911 | -15% | reduced | |
| 42 | INVE IDENTIV INC | Industrials | 0.6% | $2.0m | 607,132 | – | new |
| 43 | ATRO ASTRONICS CORP | Industrials | 0.5% | $1.6m | 47,501 | – | new |
| 44 | TTSH TILE SHOP HLDGS INC | Consumer Cyclical | 0.5% | $1.5m | 231,181 | 0% | held |
| 45 | LEE LEE ENTERPRISES INC | 0.5% | $1.4m | 226,003 | 0% | held | |
| 46 | DGICA DONEGAL GROUP INC | 0.4% | $1.3m | 65,434 | -9% | reduced | |
| 47 | GSAT GLOBALSTAR INC | Communication Services | 0.4% | $1.2m | 51,320 | 1% | added |
| 48 | PNRG PRIMEENERGY RESOURCES CORP | 0.3% | $981.0k | 6,702 | 11% | added | |
| 49 | WINA WINMARK CORP | Consumer Cyclical | 0.2% | $621.9k | 1,647 | 0% | held |
| 50 | CBNA CHAIN BRIDGE BANCORP INC | 0.1% | $467.6k | 18,145 | 17% | added |
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.