325 Capital LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), 325 Capital LLC reported 12 stock positions worth $419.5 million. Its top holding was Astrana Health (ASTH) at 17.9% of the portfolio, followed by Magnite (MGNI, 15.4%) and American Public Education (APEI, 15.2%). Compared with Q1 2026, it added to 5 and reduced 1. The biggest buy was Magnite (MGNI, shares +70%) and the biggest sale Astrana Health (ASTH, shares −12%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001873893
Portfolio Value
$419.5M (Q2 2026)
SEC Filing
0001214659-26-010357 ↗ filed Aug 14, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $216.6M Q1 2024 Q2 2024: $238.1M Q2 2024 Q3 2024: $236.2M Q3 2024 Q4 2024: $258.7M Q4 2024 Q1 2025: $241.4M Q1 2025 Q2 2025: $253.3M Q2 2025 Q3 2025: $329.1M Q3 2025 Q4 2025: $285.4M Q4 2025 Q1 2026: $274.5M Q1 2026 Q2 2026: $419.5M $419.5M Q2 2026

Holdings 12 stocks · $419.5M
ASTH Astrana Health Inc. 17.85% 1,613,843 $74.9M Reduce -12.3%
MGNI Magnite Inc. 15.44% 3,412,694 $64.8M Add +70.2%
APEI American Public Education 15.15% 1,183,732 $63.6M No change
BLBD Blue Bird Corp. 13.39% 711,390 $56.2M Add +4.6%
SPIR Spire Global Inc. 13.15% 2,966,932 $55.2M Add +58.2%
MPAA Motorcar Parts of America Inc. 7.37% 2,018,795 $30.9M No change
DBD Diebold Nixdorf Inc. 4.91% 242,084 $20.6M No change
AIOT Powerfleet Inc. 4.82% 5,283,000 $20.2M Add +37.7%
LFCR Lifecore Biomedical Inc. 3.62% 2,895,881 $15.2M Add +33.9%
BTMD Biote Corp. Class A 2.05% 4,548,127 $8.6M No change
TACT Transact Technologies Inc. 1.41% 1,011,789 $5.9M No change
MSAI Multisensor AI Holdings Inc. 0.82% 662,244 $3.5M No change

Portfolio Sells Q1 2026 → Q2 2026
ASTH Astrana Health Inc. Reduce -12.3% 17.85% +1.43

Portfolio Buys Q1 2026 → Q2 2026
MGNI Magnite Inc. Add +70.2% 15.44% +6.76
SPIR Spire Global Inc. Add +58.2% 13.15% +4.56
LFCR Lifecore Biomedical Inc. Add +33.9% 3.62% +0.69
AIOT Powerfleet Inc. Add +37.7% 4.82% +0.52
BLBD Blue Bird Corp. Add +4.6% 13.39% −0.68

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 12$419.5MASTH, MGNI, APEI, BLBD, SPIR
Q1 2026 12$274.5MAPEI, ASTH, BLBD, MGNI, SPIR
Q4 2025 13$285.4MAPEI, ASTH, MGNI, BLBD, MPAA
Q3 2025 12$329.1MATRO, APEI, BLBD, ASTH, MPAA
Q2 2025 11$253.3MAPEI, ATRO, BLBD, MPAA, SPIR
Q1 2025 11$241.4MAPEI, ATRO, ASTH, BLBD, AIOT
Q4 2024 12$258.7MAPEI, BLBD, BTMD, ASTH, ATRO
Q3 2024 11$236.2MASTH, BLBD, ATRO, APEI, BTMD
Q2 2024 13$238.1MBLBD, ATRO, BTMD, ASTH, APEI
Q1 2024 12$216.6MBLBD, ATRO, SGOV, ASTH, BTMD