Archon Capital Management LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Archon Capital Management LLC reported 45 stock positions worth $94.9 million. Its top holding was Savers Value Village (SVV) at 5.7% of the portfolio, followed by Potbelly (PBPB, 5.3%) and Zoom Communications (ZM, 4.9%). Compared with Q4 2024, it opened 19 new positions, sold out of 10, added to 15 and reduced 8. The biggest buy was a new position in Faro Technologies (FARO) and the biggest sale Sharkninja (SN, shares −40%).

Most Recent 13F
Q2 2026
Location
Seattle, WA
CIK
0001398825
Portfolio Value
$94.9M (Q1 2025)
SEC Filing
0000919574-25-003005 ↗ filed May 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $211.8M Q1 2024 Q2 2024: $86.0M Q2 2024 Q3 2024: $53.3M Q3 2024 Q4 2024: $83.1M Q4 2024 Q1 2025: $94.9M $94.9M Q1 2025 Q2 2025: $122.0M Q2 2025 Q3 2025: $167.9M Q3 2025 Q4 2025: $175.8M Q4 2025 Q1 2026: $177.0M Q1 2026 Q2 2026: $246.3M Q2 2026

Holdings 45 stocks · $94.9M
SVV Savers Value Village Inc. 5.73% 787,612 $5.4M Add +104.6%
PBPB Potbelly Corp. 5.30% 528,417 $5.0M Add +4.0%
ZM Zoom Communications Inc. 4.94% 63,500 $4.7M Add +144.2%
APYX Apyx Medical Corp. 4.76% 3,296,744 $4.5M Add +5.0%
FARO Faro Technologies Inc. 4.15% 144,100 $3.9M New
ORN Orion Group Holdings Inc. 3.80% 689,248 $3.6M Add +88.0%
EZPW Ezcorp Inc. Class A 3.79% 244,433 $3.6M Reduce -43.0%
SN Sharkninja Inc. 3.61% 41,100 $3.4M Reduce -40.1%
HCSG Healthcare Services Group 3.56% 334,940 $3.4M Add +222.1%
OLO Olo Inc. Class A 3.44% 541,161 $3.3M Add +50.3%
CVRX CVRX Inc. 3.24% 251,666 $3.1M No change
LYTS Lsi Industries Inc. 3.04% 169,748 $2.9M Add +92.1%
TTMI TTM Technologies 2.82% 130,630 $2.7M No change
BAND Bandwidth Inc. Class A 2.72% 196,700 $2.6M New
TRIP Tripadvisor Inc. 2.69% 180,000 $2.6M New
PRIM Primoris Services Corp. 2.66% 44,000 $2.5M New
TDC Teradata Corp. 2.66% 112,232 $2.5M New
LPTH Lightpath Technologies Inc. Class A 2.55% 1,203,790 $2.4M Reduce -16.1%
SSYS Stratasys Ltd. 2.49% 241,351 $2.4M New
TWLO Twilio Inc. Class A 2.48% 24,000 $2.3M Add +140.0%
SSTI Soundthinking Inc. 2.41% 135,008 $2.3M Add +2.6%
STXS Stereotaxis Inc. 2.38% 1,283,897 $2.3M No change
SEMR Semrush Holdings Inc. Class A 2.26% 230,000 $2.1M New
KTOS Kratos Defense & Security 2.08% 66,576 $2.0M Add +4.7%
KOPN Kopin Corp. 1.95% 1,983,375 $1.8M Reduce -5.5%
BYRN Byrna Technologies Inc. 1.81% 101,782 $1.7M Add +45.9%
DHX Dhi Group Inc. 1.75% 1,195,743 $1.7M Add +1.9%
VRT Vertiv Holdings Co. Class A 1.67% 22,000 $1.6M New
KRMD Koru Medical Systems Inc. 1.52% 566,870 $1.4M Add +200.1%
RRGB Red Robin Gourmet Burgers 1.51% 402,012 $1.4M Add +33.4%
GHM Graham Corp. 1.17% 38,643 $1.1M New
XMTR Xometry Inc. Class A 1.05% 40,000 $997K New
HNST The Honest Co. Inc. 0.89% 179,598 $844K New
FNKO Funko Inc. Class A 0.88% 122,357 $839K Reduce -34.7%
SPWH Sportsman's Warehouse Holdin 0.83% 793,779 $789K New
ARAY Accuray Inc. 0.81% 429,953 $770K Reduce -51.6%
NDLS Noodles & Co. 0.77% 666,960 $727K New
POWL Powell Industries Inc. 0.72% 3,992 $680K New
TDUP Thredup Inc. Class A 0.64% 250,508 $604K Reduce -24.5%
FOCL Edap TMS SA -ADR 0.57% 273,607 $536K Reduce -72.2%
LSF Laird Superfood Inc. 0.53% 81,156 $499K New
SNCR Synchronoss Technologies Inc. 0.52% 45,514 $496K New
OSS One Stop Systems Inc. 0.37% 153,098 $355K New
ARLO Arlo Technologies Inc. 0.25% 24,150 $238K New
TRVG Trivago NV - ADR 0.24% 56,407 $231K New

Portfolio Sells Q4 2024 → Q1 2025
SN Sharkninja Inc. Reduce -40.1% 3.61% −4.43
DY Dycom Industries Inc. Sold out 0.00% −3.67
OSUR Orasure Technologies Inc. Sold out 0.00% −3.60
LPTH Lightpath Technologies Inc. Class A Reduce -16.1% 2.55% −3.54
EZPW Ezcorp Inc. Class A Reduce -43.0% 3.79% −2.51
FNKO Funko Inc. Class A Reduce -34.7% 0.88% −2.14
FOCL Edap TMS SA -ADR Reduce -72.2% 0.57% −2.05
NPKI NPK International Inc. Sold out 0.00% −1.91
FIVN FIVE9 Inc. Sold out 0.00% −1.86
KOPN Kopin Corp. Reduce -5.5% 1.95% −1.49
ARAY Accuray Inc. Reduce -51.6% 0.81% −1.31
SFIX Stitch Fix Inc. Class A Sold out 0.00% −0.73
CTLP Cantaloupe Inc. Sold out 0.00% −0.60
CGNT Cognyte Software Ltd. Sold out 0.00% −0.59
TELA Tela Bio Inc. Sold out 0.00% −0.55
LMB Limbach Holdings Inc. Sold out 0.00% −0.53
OLPX Olaplex Holdings Inc. Sold out 0.00% −0.23
TDUP Thredup Inc. Class A Reduce -24.5% 0.64% +0.08

Portfolio Buys Q4 2024 → Q1 2025
FARO Faro Technologies Inc. New 4.15% +4.15
BAND Bandwidth Inc. Class A New 2.72% +2.72
TRIP Tripadvisor Inc. New 2.69% +2.69
PRIM Primoris Services Corp. New 2.66% +2.66
TDC Teradata Corp. New 2.66% +2.66
SSYS Stratasys Ltd. New 2.49% +2.49
ZM Zoom Communications Inc. Add +144.2% 4.94% +2.38
SEMR Semrush Holdings Inc. Class A New 2.26% +2.26
HCSG Healthcare Services Group Add +222.1% 3.56% +2.10
VRT Vertiv Holdings Co. Class A New 1.67% +1.67
TWLO Twilio Inc. Class A Add +140.0% 2.48% +1.18
GHM Graham Corp. New 1.17% +1.17
XMTR Xometry Inc. Class A New 1.05% +1.05
SVV Savers Value Village Inc. Add +104.6% 5.73% +0.98
LYTS Lsi Industries Inc. Add +92.1% 3.04% +0.98
HNST The Honest Co. Inc. New 0.89% +0.89
SPWH Sportsman's Warehouse Holdin New 0.83% +0.83
NDLS Noodles & Co. New 0.77% +0.77
POWL Powell Industries Inc. New 0.72% +0.72
KRMD Koru Medical Systems Inc. Add +200.1% 1.52% +0.64
ORN Orion Group Holdings Inc. Add +88.0% 3.80% +0.56
LSF Laird Superfood Inc. New 0.53% +0.53
SNCR Synchronoss Technologies Inc. New 0.52% +0.52
OSS One Stop Systems Inc. New 0.37% +0.37
SSTI Soundthinking Inc. Add +2.6% 2.41% +0.34
ARLO Arlo Technologies Inc. New 0.25% +0.25
TRVG Trivago NV - ADR New 0.24% +0.24
OLO Olo Inc. Class A Add +50.3% 3.44% +0.12
KTOS Kratos Defense & Security Add +4.7% 2.08% +0.06
PBPB Potbelly Corp. Add +4.0% 5.30% −0.46
RRGB Red Robin Gourmet Burgers Add +33.4% 1.51% −0.48
BYRN Byrna Technologies Inc. Add +45.9% 1.81% −0.61
DHX Dhi Group Inc. Add +1.9% 1.75% −0.75
APYX Apyx Medical Corp. Add +5.0% 4.76% −1.21

Options Activity Q4 2024 → Q1 2025
IWM iShares Russell 2000 ETF put Sold out 89,800 $19.8Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 43$246.3MBAND, OMDA, TDC, SVV, SFIX
Q1 2026 44$177.0MBAND, APYX, SVV, BRZE, OMDA
Q4 2025 48$175.8MSVV, APYX, OMDA, TDC, BW
Q3 2025 46$167.9MSVV, EZPW, REAL, BRZE, PL
Q2 2025 48$122.0MSVV, APYX, PBPB, ORN, EZPW
Q1 2025 45$94.9MSVV, PBPB, ZM, APYX, FARO
Q4 2024 36$83.1MSN, EZPW, LPTH, APYX, PBPB
Q3 2024 21$53.3MEZPW, KTOS, PBPB, APYX, TWLO
Q2 2024 22$86.0MEZPW, RRGB, FOCL, ASUR, KTOS
Q1 2024 30$211.8MEZPW, ARAY, PCRX, RRGB, ZM