Archon Capital Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Archon Capital Management LLC reported 48 stock positions worth $175.8 million. Its top holding was Savers Value Village (SVV) at 6.7% of the portfolio, followed by Apyx Medical (APYX, 6.4%) and Omada Health (OMDA, 6.1%). Compared with Q3 2025, it opened 11 new positions, sold out of 9, added to 16 and reduced 15. The biggest buy was a new position in Stitch Fix Class A (SFIX) and the biggest sale Planet Labs PBC (PL, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- Seattle, WA
- CIK
- 0001398825
- Portfolio Value
- $175.8M (Q4 2025)
- SEC Filing
- 0000919574-26-000959 ↗ filed Feb 13, 2026
Holdings Value
Holdings 48 stocks · $175.8M
| SVV Savers Value Village Inc. | 6.67% | 1,256,003 | $11.7M | Add +63.4% |
| APYX Apyx Medical Corp. | 6.40% | 3,213,226 | $11.2M | Reduce -2.1% |
| OMDA Omada Health Inc. | 6.09% | 678,120 | $10.7M | Add +125.1% |
| TDC Teradata Corp. | 5.42% | 313,232 | $9.5M | Add +8.7% |
| BW Babcock & Wilcox Enterpr | 4.78% | 1,325,045 | $8.4M | Reduce -28.6% |
| SFIX Stitch Fix Inc. Class A | 4.38% | 1,467,100 | $7.7M | New |
| BRZE Braze Inc. Class A | 4.38% | 224,447 | $7.7M | Reduce -15.1% |
| REAL The Realreal Inc. filed as THE REALREAL INC | 4.34% | 483,906 | $7.6M | Reduce -37.3% |
| EZPW Ezcorp Inc. Class A | 4.06% | 367,433 | $7.1M | Reduce -16.9% |
| BAND Bandwidth Inc. Class A | 3.93% | 446,897 | $6.9M | Add +28.1% |
| MPTI M-Tron Industries Inc. | 3.58% | 118,233 | $6.3M | No change |
| ESTC Elastic NV | 3.48% | 81,000 | $6.1M | Add +170.0% |
| OLPX Olaplex Holdings Inc. | 3.41% | 4,466,876 | $6.0M | Add +40.4% |
| MRCY Mercury Systems Inc. | 3.10% | 74,600 | $5.4M | Add +203.3% |
| HCSG Healthcare Services Group | 2.71% | 248,740 | $4.8M | No change |
| KRMD Koru Medical Systems Inc. | 2.11% | 637,660 | $3.7M | Reduce -8.9% |
| MTLS Materialise NV-ADR | 2.07% | 654,623 | $3.6M | Add +50.6% |
| LYTS Lsi Industries Inc. | 2.05% | 196,437 | $3.6M | Add +8.3% |
| CXM Sprinklr Inc. Class A | 1.86% | 420,272 | $3.3M | Add +40.1% |
| CYRX Cryoport Inc. | 1.78% | 325,268 | $3.1M | Add +30.0% |
| STXS Stereotaxis Inc. | 1.60% | 1,226,044 | $2.8M | No change |
| ORN Orion Group Holdings Inc. | 1.55% | 273,320 | $2.7M | Reduce -28.8% |
| OPXS Optex Systems Holdings Inc. | 1.42% | 176,004 | $2.5M | Add +109.8% |
| KOPN Kopin Corp. | 1.41% | 1,059,737 | $2.5M | Reduce -4.5% |
| SPWH Sportsman's Warehouse Holdin | 1.39% | 1,668,905 | $2.4M | Add +51.6% |
| OSS One Stop Systems Inc. | 1.34% | 326,812 | $2.3M | Reduce -31.5% |
| TDUP Thredup Inc. Class A | 1.26% | 347,251 | $2.2M | Add +40.9% |
| SOPH Sophia Genetics SA | 1.17% | 441,413 | $2.1M | Add +3.4% |
| MITK Mitek Systems Inc. | 1.15% | 191,636 | $2.0M | New |
| CGNT Cognyte Software Ltd. | 1.11% | 208,276 | $2.0M | New |
| CLB Core Laboratories Inc. | 1.07% | 117,252 | $1.9M | New |
| LOCO El Pollo Loco Holdings Inc. | 1.07% | 179,502 | $1.9M | Add +27.8% |
| DDD 3D Systems Corp. filed as 3-D SYS CORP DEL | 0.98% | 975,157 | $1.7M | New |
| BYRN Byrna Technologies Inc. | 0.94% | 98,000 | $1.6M | Reduce -33.8% |
| OSPN Onespan Inc. | 0.87% | 118,551 | $1.5M | New |
| CODA Coda Octopus Group Inc. | 0.79% | 150,000 | $1.4M | New |
| TWLO Twilio Inc. Class A | 0.79% | 9,800 | $1.4M | Reduce -82.6% |
| OSUR Orasure Technologies Inc. | 0.79% | 573,503 | $1.4M | New |
| OWLT Owlet Inc. | 0.54% | 58,413 | $946K | No change |
| FSLY Fastly Inc. Class A | 0.41% | 70,000 | $713K | New |
| DIBS 1STDIBS.COM Inc. | 0.41% | 118,921 | $712K | No change |
| DHX Dhi Group Inc. | 0.31% | 355,843 | $552K | Reduce -50.5% |
| LPTH Lightpath Technologies Inc. Class A | 0.29% | 46,492 | $502K | Reduce -79.5% |
| TWIN Twin Disc Inc. | 0.18% | 18,929 | $316K | New |
| PRCT Procept Biorobotics Corp. | 0.18% | 10,000 | $315K | New |
| PL Planet Labs PBC | 0.15% | 13,700 | $270K | Reduce -97.5% |
| SSTI Soundthinking Inc. | 0.14% | 30,223 | $243K | Reduce -81.8% |
| LSF Laird Superfood Inc. | 0.11% | 90,368 | $201K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| PL Planet Labs PBC | Reduce -97.5% | 0.15% | −4.05 |
| WIX Wix.com Ltd. | Sold out | 0.00% | −3.27 |
| POWL Powell Industries Inc. | Sold out | 0.00% | −3.27 |
| BULL Webull Corp. | Sold out | 0.00% | −3.08 |
| TWLO Twilio Inc. Class A | Reduce -82.6% | 0.79% | −2.56 |
| XPOF Xponential Fitness Inc. Class A | Sold out | 0.00% | −1.19 |
| SSTI Soundthinking Inc. | Reduce -81.8% | 0.14% | −1.06 |
| BYRN Byrna Technologies Inc. | Reduce -33.8% | 0.94% | −1.02 |
| ZM Zoom Communications Inc. | Sold out | 0.00% | −1.01 |
| EZPW Ezcorp Inc. Class A | Reduce -16.9% | 4.06% | −0.96 |
| DHX Dhi Group Inc. | Reduce -50.5% | 0.31% | −0.88 |
| RRGB Red Robin Gourmet Burgers | Sold out | 0.00% | −0.84 |
| SNCR Synchronoss Technologies Inc. | Sold out | 0.00% | −0.82 |
| LPTH Lightpath Technologies Inc. Class A | Reduce -79.5% | 0.29% | −0.78 |
| CVRX CVRX Inc. | Sold out | 0.00% | −0.69 |
| REAL The Realreal Inc. | Reduce -37.3% | 4.34% | −0.54 |
| ORN Orion Group Holdings Inc. | Reduce -28.8% | 1.55% | −0.36 |
| KOPN Kopin Corp. | Reduce -4.5% | 1.41% | −0.20 |
| OSS One Stop Systems Inc. | Reduce -31.5% | 1.34% | −0.19 |
| BRZE Braze Inc. Class A | Reduce -15.1% | 4.38% | −0.10 |
| VELO VELO3D Inc. | Sold out | 0.00% | −0.04 |
| KRMD Koru Medical Systems Inc. | Reduce -8.9% | 2.11% | +0.51 |
| BW Babcock & Wilcox Enterpr | Reduce -28.6% | 4.78% | +1.57 |
| APYX Apyx Medical Corp. | Reduce -2.1% | 6.40% | +2.22 |
Portfolio Buys Q3 2025 → Q4 2025
| SFIX Stitch Fix Inc. Class A | New | 4.38% | +4.38 |
| OMDA Omada Health Inc. | Add +125.1% | 6.09% | +2.12 |
| ESTC Elastic NV | Add +170.0% | 3.48% | +1.97 |
| MRCY Mercury Systems Inc. | Add +203.3% | 3.10% | +1.96 |
| TDC Teradata Corp. | Add +8.7% | 5.42% | +1.73 |
| MITK Mitek Systems Inc. | New | 1.15% | +1.15 |
| CGNT Cognyte Software Ltd. | New | 1.11% | +1.11 |
| CLB Core Laboratories Inc. | New | 1.07% | +1.07 |
| DDD 3D Systems Corp. | New | 0.98% | +0.98 |
| OLPX Olaplex Holdings Inc. | Add +40.4% | 3.41% | +0.92 |
| OSPN Onespan Inc. | New | 0.87% | +0.87 |
| CODA Coda Octopus Group Inc. | New | 0.79% | +0.79 |
| OSUR Orasure Technologies Inc. | New | 0.79% | +0.79 |
| OPXS Optex Systems Holdings Inc. | Add +109.8% | 1.42% | +0.78 |
| MTLS Materialise NV-ADR | Add +50.6% | 2.07% | +0.63 |
| SVV Savers Value Village Inc. | Add +63.4% | 6.67% | +0.61 |
| CXM Sprinklr Inc. Class A | Add +40.1% | 1.86% | +0.48 |
| BAND Bandwidth Inc. Class A | Add +28.1% | 3.93% | +0.46 |
| FSLY Fastly Inc. Class A | New | 0.41% | +0.41 |
| CYRX Cryoport Inc. | Add +30.0% | 1.78% | +0.36 |
| LOCO El Pollo Loco Holdings Inc. | Add +27.8% | 1.07% | +0.26 |
| TWIN Twin Disc Inc. | New | 0.18% | +0.18 |
| PRCT Procept Biorobotics Corp. | New | 0.18% | +0.18 |
| SOPH Sophia Genetics SA | Add +3.4% | 1.17% | −0.04 |
| TDUP Thredup Inc. Class A | Add +40.9% | 1.26% | −0.12 |
| SPWH Sportsman's Warehouse Holdin | Add +51.6% | 1.39% | −0.43 |
| LYTS Lsi Industries Inc. | Add +8.3% | 2.05% | −0.50 |
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 |