325 Capital LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), 325 Capital LLC reported 12 stock positions worth $274.5 million. Its top holding was American Public Education (APEI) at 24.5% of the portfolio, followed by Astrana Health (ASTH, 16.4%) and Blue Bird (BLBD, 14.1%). Compared with Q4 2025, it sold out of 1, added to 1 and reduced 1. The biggest buy was Diebold Nixdorf (DBD, shares +25%) and the biggest sale an exit from Astronics (ATRO).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001873893
- Portfolio Value
- $274.5M (Q1 2026)
- SEC Filing
- 0001214659-26-006443 ↗ filed May 15, 2026
Holdings Value
Holdings 12 stocks · $274.5M
| APEI American Public Education | 24.53% | 1,183,732 | $67.3M | Reduce -22.6% |
| ASTH Astrana Health Inc. | 16.43% | 1,839,076 | $45.1M | No change |
| BLBD Blue Bird Corp. | 14.07% | 679,826 | $38.6M | No change |
| MGNI Magnite Inc. | 8.68% | 2,005,387 | $23.8M | No change |
| SPIR Spire Global Inc. | 8.59% | 1,875,000 | $23.6M | No change |
| MPAA Motorcar Parts of America Inc. | 8.13% | 2,018,795 | $22.3M | No change |
| DBD Diebold Nixdorf Inc. | 6.65% | 242,084 | $18.3M | Add +25.2% |
| AIOT Powerfleet Inc. | 4.31% | 3,837,410 | $11.8M | No change |
| LFCR Lifecore Biomedical Inc. | 2.93% | 2,162,466 | $8.0M | No change |
| BTMD Biote Corp. Class A | 2.24% | 4,548,127 | $6.1M | No change |
| MULTISENSOR AI HOLDINGS INC | 2.23% | 26,489,912 | $6.1M | No change |
| TACT Transact Technologies Inc. | 1.21% | 1,011,789 | $3.3M | No change |
Portfolio Sells Q4 2025 → Q1 2026
Portfolio Buys Q4 2025 → Q1 2026
| DBD Diebold Nixdorf Inc. | Add +25.2% | 6.65% | +2.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 12 | $419.5M | ASTH, MGNI, APEI, BLBD, SPIR |
| Q1 2026 | 12 | $274.5M | APEI, ASTH, BLBD, MGNI, SPIR |
| Q4 2025 | 13 | $285.4M | APEI, ASTH, MGNI, BLBD, MPAA |
| Q3 2025 | 12 | $329.1M | ATRO, APEI, BLBD, ASTH, MPAA |
| Q2 2025 | 11 | $253.3M | APEI, ATRO, BLBD, MPAA, SPIR |
| Q1 2025 | 11 | $241.4M | APEI, ATRO, ASTH, BLBD, AIOT |
| Q4 2024 | 12 | $258.7M | APEI, BLBD, BTMD, ASTH, ATRO |
| Q3 2024 | 11 | $236.2M | ASTH, BLBD, ATRO, APEI, BTMD |
| Q2 2024 | 13 | $238.1M | BLBD, ATRO, BTMD, ASTH, APEI |
| Q1 2024 | 12 | $216.6M | BLBD, ATRO, SGOV, ASTH, BTMD |