Archon Capital Management LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Archon Capital Management LLC reported 48 stock positions worth $122.0 million. Its top holding was Savers Value Village (SVV) at 6.1% of the portfolio, followed by Apyx Medical (APYX, 6.1%) and Potbelly (PBPB, 5.5%). Compared with Q1 2025, it opened 15 new positions, sold out of 12, added to 12 and reduced 17. The biggest buy was a new position in M-Tron Industries (MPTI) and the biggest sale an exit from Faro Technologies (FARO).
- Most Recent 13F
- Q2 2026
- Location
- Seattle, WA
- CIK
- 0001398825
- Portfolio Value
- $122.0M (Q2 2025)
- SEC Filing
- 0000919574-25-004625 ↗ filed Aug 13, 2025
Holdings Value
Holdings 48 stocks · $122.0M
| SVV Savers Value Village Inc. | 6.09% | 728,067 | $7.4M | Reduce -7.6% |
| APYX Apyx Medical Corp. | 6.05% | 3,281,486 | $7.4M | Reduce -0.5% |
| PBPB Potbelly Corp. | 5.49% | 546,417 | $6.7M | Add +3.4% |
| ORN Orion Group Holdings Inc. | 4.96% | 666,965 | $6.0M | Reduce -3.2% |
| EZPW Ezcorp Inc. Class A | 4.92% | 432,433 | $6.0M | Add +76.9% |
| TDC Teradata Corp. | 4.17% | 228,232 | $5.1M | Add +103.4% |
| ZM Zoom Communications Inc. | 4.06% | 63,500 | $5.0M | No change |
| SN Sharkninja Inc. | 4.02% | 49,600 | $4.9M | Add +20.7% |
| LYTS Lsi Industries Inc. | 3.97% | 284,872 | $4.8M | Add +67.8% |
| BAND Bandwidth Inc. Class A | 3.80% | 291,700 | $4.6M | Add +48.3% |
| MPTI M-Tron Industries Inc. | 3.47% | 100,668 | $4.2M | New |
| OLO Olo Inc. Class A | 3.33% | 455,961 | $4.1M | Reduce -15.7% |
| TWLO Twilio Inc. Class A | 3.16% | 31,000 | $3.9M | Add +29.2% |
| ESTC Elastic NV | 3.11% | 45,000 | $3.8M | New |
| LPTH Lightpath Technologies Inc. Class A | 2.99% | 1,184,490 | $3.6M | Reduce -1.6% |
| DHX Dhi Group Inc. | 2.91% | 1,195,743 | $3.6M | No change |
| STXS Stereotaxis Inc. | 2.23% | 1,283,897 | $2.7M | No change |
| POWL Powell Industries Inc. | 2.19% | 12,700 | $2.7M | Add +218.1% |
| MRCY Mercury Systems Inc. | 2.19% | 49,600 | $2.7M | New |
| SPWH Sportsman's Warehouse Holdin | 2.13% | 754,703 | $2.6M | Reduce -4.9% |
| KRMD Koru Medical Systems Inc. | 2.05% | 700,147 | $2.5M | Add +23.5% |
| PRIM Primoris Services Corp. | 1.92% | 30,072 | $2.3M | Reduce -31.6% |
| HCSG Healthcare Services Group | 1.91% | 154,940 | $2.3M | Reduce -53.7% |
| KOPN Kopin Corp. | 1.60% | 1,279,797 | $2.0M | Reduce -35.5% |
| SSTI Soundthinking Inc. | 1.58% | 147,555 | $1.9M | Add +9.3% |
| GHM Graham Corp. | 1.42% | 35,043 | $1.7M | Reduce -9.3% |
| REAL The Realreal Inc. filed as THE REALREAL INC | 1.33% | 338,093 | $1.6M | New |
| TDUP Thredup Inc. Class A | 1.20% | 195,033 | $1.5M | Reduce -22.1% |
| CYRX Cryoport Inc. | 1.06% | 172,807 | $1.3M | New |
| BRZE Braze Inc. Class A | 1.06% | 45,874 | $1.3M | New |
| WEAV Weave Communications Inc. | 0.97% | 142,340 | $1.2M | New |
| SNCR Synchronoss Technologies Inc. | 0.92% | 163,631 | $1.1M | Add +259.5% |
| PL Planet Labs PBC | 0.87% | 175,000 | $1.1M | New |
| CVRX CVRX Inc. | 0.84% | 175,000 | $1.0M | Reduce -30.5% |
| SOPH Sophia Genetics SA | 0.82% | 321,527 | $997K | New |
| TRIP Tripadvisor Inc. | 0.80% | 74,500 | $972K | Reduce -58.6% |
| RRGB Red Robin Gourmet Burgers | 0.68% | 143,925 | $833K | Reduce -64.2% |
| LINC Lincoln Educational Services | 0.57% | 30,000 | $692K | New |
| LSF Laird Superfood Inc. | 0.46% | 88,340 | $557K | Add +8.8% |
| OSS One Stop Systems Inc. | 0.45% | 153,098 | $543K | No change |
| SEMR Semrush Holdings Inc. Class A | 0.42% | 56,371 | $510K | Reduce -75.5% |
| OWLT Owlet Inc. | 0.36% | 52,647 | $442K | New |
| BITCOIN DEPOT INC | 0.34% | 81,855 | $415K | New |
| ARAY Accuray Inc. | 0.33% | 297,560 | $408K | Reduce -30.8% |
| MTLS Materialise NV-ADR | 0.31% | 67,583 | $382K | New |
| OPXS Optex Systems Holdings Inc. | 0.27% | 28,910 | $332K | New |
| OLPX Olaplex Holdings Inc. | 0.20% | 177,568 | $249K | New |
| NDLS Noodles & Co. | 0.03% | 45,191 | $32K | Reduce -93.2% |
Portfolio Sells Q1 2025 → Q2 2025
| FARO Faro Technologies Inc. | Sold out | 0.00% | −4.15 |
| TTMI TTM Technologies | Sold out | 0.00% | −2.82 |
| SSYS Stratasys Ltd. | Sold out | 0.00% | −2.49 |
| CVRX CVRX Inc. | Reduce -30.5% | 0.84% | −2.40 |
| KTOS Kratos Defense & Security | Sold out | 0.00% | −2.08 |
| TRIP Tripadvisor Inc. | Reduce -58.6% | 0.80% | −1.89 |
| SEMR Semrush Holdings Inc. Class A | Reduce -75.5% | 0.42% | −1.84 |
| BYRN Byrna Technologies Inc. | Sold out | 0.00% | −1.81 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −1.67 |
| HCSG Healthcare Services Group | Reduce -53.7% | 1.91% | −1.65 |
| XMTR Xometry Inc. Class A | Sold out | 0.00% | −1.05 |
| HNST The Honest Co. Inc. | Sold out | 0.00% | −0.89 |
| FNKO Funko Inc. Class A | Sold out | 0.00% | −0.88 |
| RRGB Red Robin Gourmet Burgers | Reduce -64.2% | 0.68% | −0.83 |
| PRIM Primoris Services Corp. | Reduce -31.6% | 1.92% | −0.74 |
| NDLS Noodles & Co. | Reduce -93.2% | 0.03% | −0.74 |
| FOCL Edap TMS SA -ADR | Sold out | 0.00% | −0.57 |
| ARAY Accuray Inc. | Reduce -30.8% | 0.33% | −0.48 |
| KOPN Kopin Corp. | Reduce -35.5% | 1.60% | −0.34 |
| ARLO Arlo Technologies Inc. | Sold out | 0.00% | −0.25 |
| TRVG Trivago NV - ADR | Sold out | 0.00% | −0.24 |
| OLO Olo Inc. Class A | Reduce -15.7% | 3.33% | −0.12 |
| GHM Graham Corp. | Reduce -9.3% | 1.42% | +0.25 |
| SVV Savers Value Village Inc. | Reduce -7.6% | 6.09% | +0.36 |
| LPTH Lightpath Technologies Inc. Class A | Reduce -1.6% | 2.99% | +0.44 |
| TDUP Thredup Inc. Class A | Reduce -22.1% | 1.20% | +0.56 |
| ORN Orion Group Holdings Inc. | Reduce -3.2% | 4.96% | +1.16 |
| APYX Apyx Medical Corp. | Reduce -0.5% | 6.05% | +1.29 |
| SPWH Sportsman's Warehouse Holdin | Reduce -4.9% | 2.13% | +1.30 |
Portfolio Buys Q1 2025 → Q2 2025
| MPTI M-Tron Industries Inc. | New | 3.47% | +3.47 |
| ESTC Elastic NV | New | 3.11% | +3.11 |
| MRCY Mercury Systems Inc. | New | 2.19% | +2.19 |
| TDC Teradata Corp. | Add +103.4% | 4.17% | +1.51 |
| POWL Powell Industries Inc. | Add +218.1% | 2.19% | +1.47 |
| REAL The Realreal Inc. | New | 1.33% | +1.33 |
| EZPW Ezcorp Inc. Class A | Add +76.9% | 4.92% | +1.13 |
| BAND Bandwidth Inc. Class A | Add +48.3% | 3.80% | +1.09 |
| CYRX Cryoport Inc. | New | 1.06% | +1.06 |
| BRZE Braze Inc. Class A | New | 1.06% | +1.06 |
| WEAV Weave Communications Inc. | New | 0.97% | +0.97 |
| LYTS Lsi Industries Inc. | Add +67.8% | 3.97% | +0.93 |
| PL Planet Labs PBC | New | 0.87% | +0.87 |
| SOPH Sophia Genetics SA | New | 0.82% | +0.82 |
| TWLO Twilio Inc. Class A | Add +29.2% | 3.16% | +0.68 |
| LINC Lincoln Educational Services | New | 0.57% | +0.57 |
| KRMD Koru Medical Systems Inc. | Add +23.5% | 2.05% | +0.54 |
| SN Sharkninja Inc. | Add +20.7% | 4.02% | +0.41 |
| SNCR Synchronoss Technologies Inc. | Add +259.5% | 0.92% | +0.40 |
| OWLT Owlet Inc. | New | 0.36% | +0.36 |
| BITCOIN DEPOT INC | New | 0.34% | +0.34 |
| MTLS Materialise NV-ADR | New | 0.31% | +0.31 |
| OPXS Optex Systems Holdings Inc. | New | 0.27% | +0.27 |
| OLPX Olaplex Holdings Inc. | New | 0.20% | +0.20 |
| PBPB Potbelly Corp. | Add +3.4% | 5.49% | +0.19 |
| LSF Laird Superfood Inc. | Add +8.8% | 0.46% | −0.07 |
| SSTI Soundthinking Inc. | Add +9.3% | 1.58% | −0.83 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 43 | $246.3M | BAND, OMDA, TDC, SVV, SFIX |
| Q1 2026 | 44 | $177.0M | BAND, APYX, SVV, BRZE, OMDA |
| Q4 2025 | 48 | $175.8M | SVV, APYX, OMDA, TDC, BW |
| Q3 2025 | 46 | $167.9M | SVV, EZPW, REAL, BRZE, PL |
| Q2 2025 | 48 | $122.0M | SVV, APYX, PBPB, ORN, EZPW |
| Q1 2025 | 45 | $94.9M | SVV, PBPB, ZM, APYX, FARO |
| Q4 2024 | 36 | $83.1M | SN, EZPW, LPTH, APYX, PBPB |
| Q3 2024 | 21 | $53.3M | EZPW, KTOS, PBPB, APYX, TWLO |
| Q2 2024 | 22 | $86.0M | EZPW, RRGB, FOCL, ASUR, KTOS |
| Q1 2024 | 30 | $211.8M | EZPW, ARAY, PCRX, RRGB, ZM |