Findell Capital Management LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Findell Capital Management LLC disclosed 15 US equity positions worth $301.0m in its Q4 2025 13F filing. The largest position was LQDA at 32.7% of the reported book, followed by ESTA and ROOT. Against the Q3 2025 filing, it opened 4 new positions, added to 8 and reduced 2 among the top 15 holdings.
What did Findell Capital Management LLC own in Q4 2025? Top 15 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | LQDA LIQUIDIA CORPORATION | Healthcare | 32.7% | $98.3m | 2,851,449 | 1% | added |
| 2 | ESTA ESTABLISHMENT LABS HLDGS INC | Healthcare | 27.4% | $82.4m | 1,130,460 | -13% | reduced |
| 3 | ROOT ROOT INC | Financial Services | 5.6% | $17.0m | 235,000 | 292% | added |
| 4 | DAVE DAVE INC | Technology | 5.1% | $15.5m | 70,000 | 84% | added |
| 5 | TPB TURNING PT BRANDS INC | Consumer Defensive | 4.6% | $13.8m | 127,000 | 41% | added |
| 6 | OPRT OPORTUN FINL CORP | 4.5% | $13.6m | 2,568,300 | 0% | held | |
| 7 | SGHC SUPER GROUP SGHC LIMITED | Consumer Cyclical | 3.7% | $11.2m | 940,000 | 40% | added |
| 8 | GEO GEO GROUP INC NEW | Industrials | 3.5% | $10.5m | 650,000 | 16% | added |
| 9 | CELH CELSIUS HLDGS INC | Consumer Defensive | 3.2% | $9.6m | 210,000 | – | new |
| 10 | EHTH EHEALTH INC | Financial Services | 2.2% | $6.5m | 1,408,975 | 15% | added |
| 11 | ABVX ABIVAX SA | 2.2% | $6.5m | 48,000 | 20% | added | |
| 12 | LRN STRIDE INC | Consumer Defensive | 1.9% | $5.8m | 90,000 | – | new |
| 13 | ADMA ADMA BIOLOGICS INC | Healthcare | 1.8% | $5.5m | 300,000 | – | new |
| 14 | VOR VOR BIOPHARMA INC | 1.0% | $3.0m | 231,000 | – | new | |
| 15 | MLYS MINERALYS THERAPEUTICS INC | Healthcare | 0.6% | $1.8m | 50,000 | -80% | reduced |
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.