1492 Capital Management LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), 1492 Capital Management LLC reported 111 stock positions worth $246.6 million. Its top holding was Zeta Global Class A (ZETA) at 3.3% of the portfolio, followed by Magnite (MGNI, 3.0%) and Imax (IMAX, 2.9%). Compared with Q2 2025, it opened 13 new positions, sold out of 13, added to 59 and reduced 18. The biggest buy was LYFT Class A (LYFT, shares +281%) and the biggest sale an exit from Verona Pharma (VRNA).

Most Recent 13F
Q2 2026
Location
MILWAUKEE, WI
CIK
0001584087
Portfolio Value
$246.6M (Q3 2025)
SEC Filing
0001584087-25-000029 ↗ filed Nov 13, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $179.2M Q1 2024 Q2 2024: $176.3M Q2 2024 Q3 2024: $199.4M Q3 2024 Q4 2024: $209.5M Q4 2024 Q1 2025: $185.2M Q1 2025 Q2 2025: $216.3M Q2 2025 Q3 2025: $246.6M $246.6M Q3 2025 Q4 2025: $254.1M Q4 2025 Q1 2026: $262.5M Q1 2026 Q2 2026: $338.3M Q2 2026

Holdings 111 stocks · $246.6M
ZETA Zeta Global Holdings Corp. Class A 3.29% 408,300 $8.1M Add +5.2%
MGNI Magnite Inc. 2.97% 336,666 $7.3M Add +4.6%
IMAX Imax Corp. 2.89% 217,340 $7.1M Add +4.9%
CPA Copa Holdings SA Class A 2.88% 59,736 $7.1M Add +6.2%
CRS Carpenter Technology 2.82% 28,336 $7.0M Add +3.5%
GENI Genius Sports Ltd. 2.69% 534,854 $6.6M Add +4.4%
JEF Jefferies Financial Group Inc. 2.48% 93,443 $6.1M Add +6.6%
SF Stifel Financial Corp. 2.42% 52,581 $6.0M Add +6.5%
LYFT LYFT Inc. Class A 2.37% 265,620 $5.8M Add +280.9%
AIOT Powerfleet Inc. 2.27% 1,070,171 $5.6M Add +132.2%
PEGA Pegasystems Inc. 2.27% 97,365 $5.6M Add +4.7%
ADTN Adtran Holdings Inc. 2.19% 574,588 $5.4M Add +21.5%
HQY Healthequity Inc. 2.11% 54,972 $5.2M Add +5.6%
MTH Meritage Homes Corp. 2.07% 70,606 $5.1M Add +58.0%
SRAD Sportradar Group AG-A 2.04% 187,445 $5.0M Add +47.6%
MXL Maxlinear Inc. 2.04% 312,335 $5.0M Add +58.6%
FOUR SHIFT4 Payments Inc. Class A 1.93% 61,345 $4.7M Add +5.3%
ARQ Arq Inc. 1.91% 659,010 $4.7M Add +74.4%
CAKE The Cheesecake Factory Inc. 1.86% 84,009 $4.6M Add +24.7%
GDYN Grid Dynamics Holdings Inc. 1.80% 575,257 $4.4M Add +128.0%
STRL Sterling Infrastructure Inc. 1.76% 12,762 $4.3M Add +6.3%
PRIM Primoris Services Corp. 1.69% 30,391 $4.2M Reduce -1.7%
KURA Kura Oncology Inc. 1.60% 445,640 $3.9M Add +5.1%
DHT DHT Holdings Inc. 1.59% 328,515 $3.9M Add +150.5%
SIMO Silicon Motion Technol-ADR 1.55% 40,366 $3.8M Add +11.5%
OLED Universal Display Corp. 1.45% 24,818 $3.6M Add +105.9%
ALHC Alignment Healthcare Inc. 1.42% 200,722 $3.5M Add +133.1%
AMKR Amkor Technology Inc. 1.39% 120,340 $3.4M Add +11.7%
LITE Lumentum Holdings Inc. 1.34% 20,308 $3.3M Reduce -0.1%
GVA Granite Construction Inc. 1.33% 30,000 $3.3M Add +11.5%
ATI Ati Inc. 1.33% 40,310 $3.3M Add +104.1%
INR Infinity Natural Resour Class A 1.30% 245,332 $3.2M Add +35.1%
TCBX Third Coast Bancshares Inc. 1.25% 81,130 $3.1M Add +39.1%
HBM Hudbay Minerals Inc. 1.12% 182,769 $2.8M Add +11.1%
DKNG Draftkings Inc. Class A 1.10% 72,573 $2.7M Reduce -0.1%
MNKD Mannkind Corp. 1.10% 504,244 $2.7M Add +9.3%
INDI Indie Semiconductor Inc. Class A 1.07% 650,753 $2.6M Add +34.5%
PLOW Douglas Dynamics Inc. 1.04% 82,433 $2.6M Add +246.1%
NVGS Navigator Holdings Ltd. 1.04% 165,447 $2.6M Add +11.2%
ADMA Adma Biologics Inc. 1.02% 171,182 $2.5M Add +78.7%
STC Stewart Information Services 1.00% 33,525 $2.5M Add +11.9%
MHO M/I Homes Inc. 0.91% 15,565 $2.2M Reduce -0.1%
PR Permian Resources Corp. Class A 0.90% 174,093 $2.2M Add +0.1%
AUB Atlantic Union Bankshares Co. 0.90% 62,840 $2.2M Add +10.4%
AVAV Aerovironment Inc. 0.90% 7,039 $2.2M Reduce -0.1%
AXSM Axsome Therapeutics Inc. 0.89% 18,063 $2.2M Add +52.5%
WSBC Wesbanco Inc. 0.89% 68,681 $2.2M Add +11.0%
GSM Ferroglobe PLC 0.85% 461,150 $2.1M Add +42.4%
MTRX Matrix Service Co. 0.83% 156,391 $2.0M Reduce -0.1%
SN Sharkninja Inc. 0.79% 18,884 $1.9M Reduce -37.1%
NPKI NPK International Inc. 0.78% 171,128 $1.9M Add +13.3%
DT Dynatrace Inc. 0.77% 39,379 $1.9M Add +33.1%
ACEL Accel Entertainment Inc. 0.77% 170,742 $1.9M Reduce -37.5%
EXAS Exact Sciences Corp. 0.70% 31,605 $1.7M New
PAYO Payoneer Global Inc. 0.66% 269,932 $1.6M Reduce -0.1%
CERT Certara Inc. 0.66% 132,401 $1.6M New
SM SM Energy Co. 0.65% 64,220 $1.6M Reduce -0.3%
GXO Gxo Logistics Inc. 0.64% 29,902 $1.6M Reduce -0.1%
LNTH Lantheus Holdings Inc. 0.58% 27,735 $1.4M Reduce -55.5%
AIRO Airo Group Holdings Inc. 0.56% 72,173 $1.4M New
VEU Vanguard Ftse All-World Ex-U 0.56% 19,212 $1.4M No change
GTLB Gitlab Inc. Class A 0.55% 30,097 $1.4M Reduce -0.1%
KALU Kaiser Aluminum Corp. 0.53% 16,858 $1.3M Add +395.8%
ALM Almonty Industries Inc. 0.50% 204,369 $1.2M New
PLUG Plug Power Inc. 0.48% 509,850 $1.2M New
VENU Venu Holding Corp. filed as VENU HLDG CORP 0.44% 84,696 $1.1M New
VKTX Viking Therapeutics Inc. 0.44% 41,226 $1.1M Add +0.5%
WING Wingstop Inc. 0.42% 4,126 $1.0M Add +57.2%
RNG Ringcentral Inc. Class A 0.41% 35,571 $1.0M Reduce -0.1%
DEFT Defi Technologies Inc. 0.40% 473,162 $996K Add +0.2%
BTDR Bitdeer Technologies Group-A 0.40% 57,486 $982K Reduce -0.1%
WULF Terawulf Inc. 0.39% 85,151 $972K Add +0.0%
QUIK Quicklogic Corp. 0.38% 153,947 $933K Reduce -0.1%
BOOT Boot Barn Holdings Inc. 0.37% 5,475 $907K No change
EEM iShares MSCI Emerging Market 0.26% 11,777 $629K No change
DDI Doubledown Interactive -ADR 0.23% 61,903 $578K Reduce -0.1%
IGSB iShares 1-5Y Inv Grade Corp. 0.20% 9,148 $485K No change
MSFT Microsoft Corp. 0.17% 811 $420K Add +0.4%
META Meta Platforms Inc. Class A 0.15% 516 $379K Add +0.4%
VCSH Vanguard S/T Corp. Bond ETF 0.15% 4,713 $377K No change
ADEA Adeia Inc. 0.15% 21,555 $362K No change
XHR Xenia Hotels & Resorts Inc. 0.14% 24,409 $335K Add +17.4%
LGND Ligand Pharmaceuticals 0.13% 1,876 $332K No change
GOOGL Alphabet Inc. Class A 0.13% 1,305 $317K Add +0.5%
DX Dynex Capital Inc. 0.13% 25,593 $315K No change
ETN Eaton Corp. PLC 0.13% 835 $312K Add +0.4%
CADE Cadence Bank 0.12% 8,011 $301K No change
SPIB SS SPDR P Int C Corp. ETF 0.12% 8,508 $288K No change
PB Prosperity Bancshares Inc. 0.12% 4,308 $286K Add +27.3%
BA The Boeing Co. 0.11% 1,302 $281K Add +0.4%
SHIM Shimmick Corp. 0.11% 106,796 $279K Reduce -0.1%
AROC Archrock Inc. 0.11% 10,481 $276K No change
XRN Chiron Real Estate Inc. filed as GLOBAL MED REIT INC 0.11% 8,099 $273K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.10% 4,909 $253K Add +0.5%
ARLO Arlo Technologies Inc. 0.10% 14,750 $250K No change
ANDE The Andersons Inc. 0.10% 6,218 $248K No change
ABCB Ameris Bancorp 0.10% 3,371 $247K No change
MMS Maximus Inc. 0.10% 2,632 $240K New
AMZN Amazon.com Inc. 0.09% 1,059 $233K Add +0.6%
GTY Getty Realty Corp. 0.09% 8,294 $223K No change

Show all 111 holdings

Other holdings (2): bonds, preferreds, convertibles and warrants · $606K (not counted above)
SecurityClassShares / PrincipalValueChange
PCTTW Purecycle Techno-CW26 *W EXP 03/17/202 · principal 150,761$510KNo change
RSVRW Reservoir Media-CW26 *W EXP 08/26/202 · principal 147,981$96KNo change

Total filed on the 13F, all lines: $247.2M.

Portfolio Sells Q2 2025 → Q3 2025
VRNA Verona Pharma Ltd. Sold out 0.00% −4.29
WNS WNS Holdings Ltd. Sold out 0.00% −3.30
LNTH Lantheus Holdings Inc. Reduce -55.5% 0.58% −1.78
TNDM Tandem Diabetes Care Inc. Sold out 0.00% −1.63
GTLS Chart Industries Inc. Sold out 0.00% −1.36
PNFP Pinnacle Financial Partners Sold out 0.00% −0.91
BKSY Blacksky Technology Inc. Sold out 0.00% −0.89
ACEL Accel Entertainment Inc. Reduce -37.5% 0.77% −0.72
PBPB Potbelly Corp. Sold out 0.00% −0.65
SN Sharkninja Inc. Reduce -37.1% 0.79% −0.58
DKNG Draftkings Inc. Class A Reduce -0.1% 1.10% −0.34
ANIP Ani Pharmaceuticals Inc. Sold out 0.00% −0.23
GENK Gen Restaurant Group Inc. Sold out 0.00% −0.21
PAYO Payoneer Global Inc. Reduce -0.1% 0.66% −0.19
MTRX Matrix Service Co. Reduce -0.1% 0.83% −0.15
VBTX Veritex Holdings Inc. Sold out 0.00% −0.15
KMPR Kemper Corp. Sold out 0.00% −0.14
OBK Origin Bancorp Inc. Sold out 0.00% −0.10
IDCC Interdigital Inc. Sold out 0.00% −0.10
SM SM Energy Co. Reduce -0.3% 0.65% −0.09
GTLB Gitlab Inc. Class A Reduce -0.1% 0.55% −0.08
QUIK Quicklogic Corp. Reduce -0.1% 0.38% −0.06
RNG Ringcentral Inc. Class A Reduce -0.1% 0.41% −0.06
DDI Doubledown Interactive -ADR Reduce -0.1% 0.23% −0.04
GXO Gxo Logistics Inc. Reduce -0.1% 0.64% −0.03
AVAV Aerovironment Inc. Reduce -0.1% 0.90% −0.03
SHIM Shimmick Corp. Reduce -0.1% 0.11% +0.03
BTDR Bitdeer Technologies Group-A Reduce -0.1% 0.40% +0.09
MHO M/I Homes Inc. Reduce -0.1% 0.91% +0.10
LITE Lumentum Holdings Inc. Reduce -0.1% 1.34% +0.45
PRIM Primoris Services Corp. Reduce -1.7% 1.69% +0.58

Portfolio Buys Q2 2025 → Q3 2025
LYFT LYFT Inc. Class A Add +280.9% 2.37% +1.86
AIOT Powerfleet Inc. Add +132.2% 2.27% +1.36
ARQ Arq Inc. Add +74.4% 1.91% +0.98
DHT DHT Holdings Inc. Add +150.5% 1.59% +0.94
ALHC Alignment Healthcare Inc. Add +133.1% 1.42% +0.86
MXL Maxlinear Inc. Add +58.6% 2.04% +0.74
PLOW Douglas Dynamics Inc. Add +246.1% 1.04% +0.72
EXAS Exact Sciences Corp. New 0.70% +0.70
MTH Meritage Homes Corp. Add +58.0% 2.07% +0.69
CERT Certara Inc. New 0.66% +0.66
OLED Universal Display Corp. Add +105.9% 1.45% +0.58
AIRO Airo Group Holdings Inc. New 0.56% +0.56
ATI Ati Inc. Add +104.1% 1.33% +0.54
ZETA Zeta Global Holdings Corp. Class A Add +5.2% 3.29% +0.51
ALM Almonty Industries Inc. New 0.50% +0.50
PLUG Plug Power Inc. New 0.48% +0.48
STRL Sterling Infrastructure Inc. Add +6.3% 1.76% +0.48
KURA Kura Oncology Inc. Add +5.1% 1.60% +0.47
GDYN Grid Dynamics Holdings Inc. Add +128.0% 1.80% +0.45
VENU Venu Holding Corp. New 0.44% +0.44
KALU Kaiser Aluminum Corp. Add +395.8% 0.53% +0.40
SRAD Sportradar Group AG-A Add +47.6% 2.04% +0.40
TCBX Third Coast Bancshares Inc. Add +39.1% 1.25% +0.37
AMKR Amkor Technology Inc. Add +11.7% 1.39% +0.34
AXSM Axsome Therapeutics Inc. Add +52.5% 0.89% +0.32
HBM Hudbay Minerals Inc. Add +11.1% 1.12% +0.32
GSM Ferroglobe PLC Add +42.4% 0.85% +0.30
MNKD Mannkind Corp. Add +9.3% 1.10% +0.30
SIMO Silicon Motion Technol-ADR Add +11.5% 1.55% +0.29
INDI Indie Semiconductor Inc. Class A Add +34.5% 1.07% +0.28
JEF Jefferies Financial Group Inc. Add +6.6% 2.48% +0.26
ADTN Adtran Holdings Inc. Add +21.5% 2.19% +0.22
WULF Terawulf Inc. Add +0.0% 0.39% +0.22
GENI Genius Sports Ltd. Add +4.4% 2.69% +0.22
ADMA Adma Biologics Inc. Add +78.7% 1.02% +0.21
IMAX Imax Corp. Add +4.9% 2.89% +0.21
NPKI NPK International Inc. Add +13.3% 0.78% +0.19
GVA Granite Construction Inc. Add +11.5% 1.33% +0.17
MMS Maximus Inc. New 0.10% +0.10
STC Stewart Information Services Add +11.9% 1.00% +0.09
OXM Oxford Industries Inc. New 0.09% +0.09
NVDA Nvidia Corp. New 0.08% +0.08
COHR Coherent Corp. New 0.08% +0.08
SHOE Shoe Station Group Inc. New 0.08% +0.08
ATEN A10 Networks Inc. New 0.08% +0.08
AUB Atlantic Union Bankshares Co. Add +10.4% 0.90% +0.08
NVGS Navigator Holdings Ltd. Add +11.2% 1.04% +0.07
SF Stifel Financial Corp. Add +6.5% 2.42% +0.05
SGMT Sagimet Biosciences Inc. Class A New 0.04% +0.04
GOOGL Alphabet Inc. Class A Add +0.5% 0.13% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 131$338.3MMXL, CRS, ALHC, AAOI, STRL
Q1 2026 128$262.5MCRS, AAOI, ADTN, ZETA, LITE
Q4 2025 113$254.1MCRS, ZETA, AAOI, CPA, GDYN
Q3 2025 111$246.6MZETA, MGNI, IMAX, CPA, CRS
Q2 2025 111$216.3MVRNA, MGNI, CRS, WNS, CPA
Q1 2025 109$185.2MWNS, VRNA, LNTH, EHC, IMAX
Q4 2024 107$209.5MCRS, JEF, ZETA, STRL, FOUR
Q3 2024 97$199.4MZETA, CRS, LNTH, STRL, JEF
Q2 2024 93$176.3MZETA, CRS, PENG, CPA, STRL
Q1 2024 91$179.2MPENG, CPA, CRS, EXAS, ZETA