Cannell Capital LLC 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Cannell Capital LLC disclosed 55 US equity positions worth $380.9m in its Q3 2025 13F filing. The largest position was SNDL at 6.3% of the reported book, followed by GPGI and CVCO. Against the Q2 2025 filing, it opened 5 new positions, added to 23 and reduced 18 among the top 50 holdings.
What did Cannell Capital LLC own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SNDL SNDL INC | 6.3% | $24.0m | 8,951,755 | 0% | held | |
| 2 | GPGI COMPOSECURE INC | Industrials | 5.5% | $20.9m | 1,005,077 | -52% | reduced |
| 3 | CVCO CAVCO INDS INC DEL | Consumer Cyclical | 4.9% | $18.7m | 32,161 | -32% | reduced |
| 4 | NOA NORTH AMERN CONSTR GROUP LTD | Energy | 4.9% | $18.5m | 1,303,978 | -16% | reduced |
| 5 | TPB TURNING PT BRANDS INC | Consumer Defensive | 4.7% | $17.8m | 180,100 | 199% | added |
| 6 | NPKI NPK INTERNATIONAL INC | Industrials | 4.3% | $16.4m | 1,454,204 | -4% | reduced |
| 7 | COMP COMPASS INC | Real Estate | 3.8% | $14.6m | 1,821,131 | 11% | added |
| 8 | MDXG MIMEDX GROUP INC | Healthcare | 3.7% | $14.1m | 2,013,840 | -3% | reduced |
| 9 | LINC LINCOLN EDL SVCS CORP | Consumer Defensive | 3.6% | $13.5m | 576,505 | 249% | added |
| 10 | NGS NATURAL GAS SVCS GROUP INC | Energy | 2.6% | $10.0m | 359,021 | 8% | added |
| 11 | ETON ETON PHARMACEUTICALS INC | 2.6% | $9.9m | 455,405 | 17% | added | |
| 12 | OPRT OPORTUN FINL CORP | 2.4% | $9.1m | 1,470,870 | -8% | reduced | |
| 13 | LUXE LUXEXPERIENCE BV | 2.3% | $8.9m | 1,045,962 | 156% | added | |
| 14 | KSPI KASPI KZ JSC | 2.3% | $8.9m | 108,799 | 307% | added | |
| 15 | PDFS PDF SOLUTIONS INC | Technology | 2.3% | $8.7m | 337,315 | – | new |
| 16 | GBLI GLOBAL INDEMNITY GROUP LLC | 2.2% | $8.2m | 282,313 | 0% | held | |
| 17 | SRTA STRATA CRITICAL MEDICAL INC | 2.1% | $8.1m | 1,598,489 | 85% | added | |
| 18 | ASR GRUPO AEROPORTUARIO DEL SURE | 2.0% | $7.8m | 24,120 | 137% | added | |
| 19 | NATL NCR ATLEOS CORPORATION | Technology | 2.0% | $7.8m | 197,650 | – | new |
| 20 | NXDR NEXTDOOR HOLDINGS INC | Communication Services | 2.0% | $7.8m | 3,711,008 | -32% | reduced |
| 21 | CRTO CRITEO S A | 1.9% | $7.4m | 328,543 | – | new | |
| 22 | SAN JUAN BASIN RTY TR | 1.9% | $7.3m | 1,213,124 | -46% | reduced | |
| 23 | WTTR SELECT WATER SOLUTIONS INC | Energy | 1.9% | $7.2m | 672,830 | 0% | held |
| 24 | OSUR ORASURE TECHNOLOGIES INC | Healthcare | 1.8% | $6.7m | 2,099,815 | 13% | added |
| 25 | PINS PINTEREST INC | Communication Services | 1.7% | $6.6m | 206,468 | 147% | added |
| 26 | SVV SAVERS VALUE VLG INC | 1.7% | $6.6m | 498,654 | 26% | added | |
| 27 | MATW MATTHEWS INTL CORP | Industrials | 1.7% | $6.5m | 267,369 | 8% | added |
| 28 | MGNI MAGNITE INC | Communication Services | 1.5% | $5.8m | 265,152 | 109% | added |
| 29 | OPEN LENDING CORP | 1.5% | $5.5m | 2,619,093 | -27% | reduced | |
| 30 | UTI UNIVERSAL TECHNICAL INST INC | Consumer Defensive | 1.4% | $5.5m | 169,273 | -55% | reduced |
| 31 | CRON CRONOS GROUP INC | Healthcare | 1.4% | $5.4m | 1,957,504 | -33% | reduced |
| 32 | CLH CLEAN HARBORS INC | Industrials | 1.4% | $5.4m | 23,067 | 78% | added |
| 33 | GOLD A-MARK PRECIOUS METALS INC | Financial Services | 1.3% | $4.9m | 189,933 | -17% | reduced |
| 34 | SCHL SCHOLASTIC CORP | Communication Services | 1.1% | $4.2m | 154,463 | – | new |
| 35 | NBIS NEBIUS GROUP N.V. | Communication Services | 1.0% | $4.0m | 35,500 | -20% | reduced |
| 36 | REAL THE REALREAL INC | Consumer Cyclical | 1.0% | $3.8m | 359,081 | -75% | reduced |
| 37 | SWKHL SWK HLDGS CORP | 0.9% | $3.5m | 241,322 | -23% | reduced | |
| 38 | BBW BUILD-A-BEAR WORKSHOP INC | Consumer Cyclical | 0.9% | $3.3m | 49,937 | -60% | reduced |
| 39 | PPIH PERMA-PIPE INTL HLDGS INC | 0.7% | $2.8m | 121,170 | 29% | added | |
| 40 | ASIC ATEGRITY SPECIALTY IN CO HO | 0.7% | $2.8m | 142,325 | 1323% | added | |
| 41 | GSAT GLOBALSTAR INC | Communication Services | 0.7% | $2.6m | 72,029 | 40% | added |
| 42 | APG API GROUP CORP | Industrials | 0.6% | $2.2m | 62,825 | -10% | reduced |
| 43 | INVE IDENTIV INC | Industrials | 0.6% | $2.1m | 610,855 | 1% | added |
| 44 | CBNA CHAIN BRIDGE BANCORP INC | 0.5% | $2.0m | 61,609 | 240% | added | |
| 45 | BV BRIGHTVIEW HLDGS INC | 0.5% | $1.9m | 138,063 | -29% | reduced | |
| 46 | PNRG PRIMEENERGY RESOURCES CORP | 0.4% | $1.6m | 9,670 | 44% | added | |
| 47 | NTIP NETWORK-1 TECHNOLOGIES INC | 0.4% | $1.6m | 1,070,123 | 191% | added | |
| 48 | APEI AMERICAN PUB ED INC | Consumer Defensive | 0.4% | $1.6m | 39,310 | – | new |
| 49 | TTSH TILE SHOP HLDGS INC | Consumer Cyclical | 0.4% | $1.6m | 256,392 | 11% | added |
| 50 | DGICA DONEGAL GROUP INC | 0.3% | $1.3m | 65,434 | 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.