Bard Associates Inc.

Name: BARD ASSOCIATES INC 13F holdings, Q2 2025
Creator: BARD ASSOCIATES INC
Published: 2025-08-05

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Bard Associates Inc. reported 164 stock positions worth $310.9 million. Its top holding was Ensign (ENSG) at 4.2% of the portfolio, followed by Vaneck BDC Income ETF (BIZD, 2.6%) and Willdan (WLDN, 2.6%). Compared with Q1 2025, it opened 8 new positions, sold out of 15, added to 17 and reduced 116. The biggest buy was Vaneck BDC Income ETF (BIZD, shares +1004%) and the biggest sale BK Technologies (BKTI, shares −38%).

Most Recent 13F: Q2 2026
Location: CHICAGO, IL
CIK: 0001105907
Portfolio Value: $310.9M (Q2 2025)
SEC Filing: 0001105907-25-000011 ↗ filed Aug 5, 2025

Holdings Value

Holdings 164 stocks · $310.9M


ENSG The Ensign Group Inc.	4.22%	84,993	$13.1M	Reduce -4.5%
BIZD Vaneck BDC Income ETF	2.63%	501,955	$8.2M	Add +1003.8%
WLDN Willdan Group Inc.	2.63%	130,698	$8.2M	Reduce -2.9%
COHR Coherent Corp.	2.56%	89,334	$8.0M	Reduce -2.0%
XFFCX Flaherty & Crumrine Pref Inc.	2.34%	445,640	$7.3M	Add +598.0%
PFF iShares Preferred & Income S	2.18%	221,074	$6.8M	Add +912.9%
FIP Ftai Infrastructure Inc.	2.15%	1,085,515	$6.7M	Reduce -3.8%
ODC Oil-Dri Corp. of America	2.08%	109,663	$6.5M	Reduce -3.7%
MAMA Mama's Creations Inc.	1.96%	734,600	$6.1M	Reduce -6.4%
TPZ Tort Electf Infra ETF-Usd Inc. filed as TORTOISE CAPITAL SERIES TRUS	1.91%	290,154	$5.9M	Reduce -0.6%
LGCY Legacy Education Inc.	1.74%	482,600	$5.4M	Reduce -3.6%
WPM Wheaton Precious Metals Corp.	1.68%	58,096	$5.2M	Reduce -5.3%
OR Or Royalties Inc.	1.62%	195,913	$5.0M	Reduce -8.8%
CSV Carriage Services Inc.	1.58%	107,310	$4.9M	Reduce -3.1%
ACU Acme United Corp. filed as ACME UTD CORP	1.50%	112,592	$4.7M	Reduce -3.3%
AROC Archrock Inc.	1.50%	187,855	$4.7M	Reduce -8.5%
GDXJ Vaneck Junior Gold Miners	1.48%	68,076	$4.6M	Reduce -9.3%
USAC USA Compression Partners LP	1.47%	187,500	$4.6M	Reduce -3.4%
KTOS Kratos Defense & Security	1.37%	91,973	$4.3M	Reduce -1.5%
TGEN Tecogen Inc./Waltham Ma	1.36%	623,582	$4.2M	New
LEGH Legacy Housing Corp.	1.36%	186,367	$4.2M	Reduce -6.3%
BKTI BK Technologies Corp.	1.33%	88,036	$4.1M	Reduce -37.6%
GPGI Gpgi Inc. filed as COMPOSECURE INC	1.32%	291,500	$4.1M	Reduce -4.3%
JAAA Janus Henderson Aaa Clo ETF	1.29%	78,863	$4.0M	New
LGL The LGL Group Inc.	1.26%	515,381	$3.9M	Reduce -4.6%
KWY Kingsway Corp.	1.24%	284,172	$3.8M	Reduce -3.9%
CXDO Crexendo Inc.	1.22%	623,038	$3.8M	Reduce -6.5%
USPH U.S. Physical Therapy Inc.	1.21%	48,219	$3.8M	Reduce -0.1%
PCYO Pure Cycle Corp.	1.19%	344,142	$3.7M	Reduce -5.3%
MPTI M-Tron Industries Inc.	1.18%	87,087	$3.7M	Reduce -1.7%
FSK FS KKR Capital Corp.	1.13%	165,721	$3.5M	Reduce -1.2%
AMPG Amplitech Group Inc.	1.11%	1,622,729	$3.4M	Reduce -2.5%
OSS One Stop Systems Inc.	1.08%	947,857	$3.4M	Reduce -8.0%
SELF Global Self Storage Inc.	1.08%	626,322	$3.3M	Reduce -3.2%
BXSL Blackstone Secured Lending F	0.96%	94,742	$3.0M	Reduce -0.8%
RWAY Runway Growth Finance Corp.	0.95%	275,614	$3.0M	Reduce -2.9%
RGLD Royal Gold Inc.	0.94%	16,418	$2.9M	Reduce -9.6%
PSCU Invesco S&P S C U&C Ser ETF	0.89%	49,552	$2.8M	Reduce -1.1%
INLX Intellinetics Inc.	0.88%	219,935	$2.7M	Add +89.7%
SMID Smith-Midland Corp.	0.88%	81,671	$2.7M	Reduce -4.1%
VICI Vici Properties Inc. filed as VICI PPTYS INC	0.81%	77,011	$2.5M	Reduce -0.7%
AEHR Aehr Test Systems	0.81%	194,540	$2.5M	New
EQX Equinox Gold Corp.	0.79%	428,531	$2.5M	Reduce -7.2%
PCH Potlatchdeltic Corp.	0.78%	63,577	$2.4M	Reduce -1.4%
ASM Avino Silver & Gold Mines	0.77%	665,099	$2.4M	Reduce -3.5%
IRT Independence Realty Trust Inc.	0.76%	133,465	$2.4M	Reduce -0.1%
VMD Viemed Healthcare Inc.	0.75%	336,328	$2.3M	Reduce -3.8%
VENU Venu Holding Corp. filed as VENU HLDG CORP	0.75%	197,040	$2.3M	Reduce -6.7%
MODULAR MED INC	0.75%	3,109,840	$2.3M	Add +45.0%
PSTL Postal Realty Trust Inc. Class A	0.74%	155,974	$2.3M	Reduce -1.1%
WELL Welltower Inc.	0.70%	14,194	$2.2M	Reduce -0.6%
ACNT Ascent Industries Co.	0.70%	172,060	$2.2M	New
GOLD Gold.com Inc. filed as A-MARK PRECIOUS METALS INC	0.66%	92,166	$2.0M	Reduce -2.3%
CJMB Callan JMB Inc.	0.65%	395,035	$2.0M	Reduce -5.1%
KWR Quaker Chemical Corporation	0.63%	17,573	$2.0M	No change
LOAN Manhattan Bridge Capital Inc.	0.63%	356,771	$2.0M	Reduce -1.8%
BLIN Bridgeline Digital Inc.	0.63%	1,403,982	$2.0M	Add +6.6%
CELH Celsius Holdings Inc.	0.62%	41,600	$1.9M	Reduce -13.9%
VMBS Vanguard Mortgage-Backed Sec	0.61%	40,880	$1.9M	Reduce -2.4%
BRT BRT Apartments Corp.	0.60%	118,239	$1.9M	Reduce -0.6%
FNV Franco-Nevada Corp.	0.60%	11,302	$1.9M	Reduce -0.2%
ALCO Alico Inc.	0.60%	56,587	$1.9M	Reduce -3.3%
INUV Inuvo Inc.	0.58%	389,563	$1.8M	Reduce -7.4%
RSSS Research Solutions Inc.	0.57%	621,632	$1.8M	Reduce -4.7%
VPU Vanguard Utilities ETF	0.55%	9,700	$1.7M	Add +0.9%
GWRS Global Water Resources Inc.	0.53%	161,800	$1.6M	Reduce -2.0%
ACCS Access Newswire Inc.	0.52%	131,941	$1.6M	Reduce -4.8%
NEE Nextera Energy Inc.	0.50%	22,504	$1.6M	Add +1.1%
INTT Intest Corp.	0.50%	214,139	$1.6M	Add +0.8%
MOBILICOM LTD	0.48%	593,196	$1.5M	Reduce -7.2%
BRK.B Berkshire Hathaway Inc. Class B	0.47%	3,037	$1.5M	No change
MDV Modiv Industrial Inc.	0.47%	103,640	$1.5M	Reduce -0.3%
TRGP Targa Resources Corp.	0.46%	8,256	$1.4M	No change
RMT Royce Micro-Cap Trust Inc.	0.46%	153,901	$1.4M	Reduce -0.1%
NEWT Newtekone Inc.	0.46%	125,812	$1.4M	Reduce -1.4%
AIOT Powerfleet Inc.	0.45%	323,759	$1.4M	Reduce -6.1%
GDX Vaneck Gold Miners ETF	0.42%	25,365	$1.3M	Reduce -12.9%
HROW Harrow Inc.	0.41%	42,000	$1.3M	Reduce -26.7%
LAND Gladstone Land Corp.	0.41%	125,518	$1.3M	Reduce -3.1%
NEUROONE MED TECHNOLOGIES CO	0.40%	1,854,600	$1.3M	New
PMNT Perfect Moment Ltd.	0.38%	4,400,000	$1.2M	New
IEX Idex Corp.	0.38%	6,750	$1.2M	No change
UTMD Utah Medical Products Inc.	0.37%	20,007	$1.1M	Reduce -4.9%
SLV iShares Silver Trust	0.37%	34,708	$1.1M	Reduce -0.6%
PBA Pembina Pipeline Corp.	0.36%	29,708	$1.1M	Reduce -0.2%
ASUR Asure Software Inc.	0.35%	111,649	$1.1M	No change
NEM Newmont Corp.	0.33%	17,364	$1.0M	Reduce -0.3%
OBDC Blue Owl Capital Corp.	0.32%	67,785	$997K	Reduce -0.3%
CTRE Caretrust REIT Inc.	0.31%	31,575	$976K	Reduce -1.0%
DTST Data Storage Corp.	0.31%	281,717	$966K	Reduce -7.3%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC	0.31%	5,350	$964K	Reduce -0.9%
RMNI Rimini Street Inc.	0.30%	244,878	$923K	Reduce -16.3%
KYN Kayne Anderson Energy Infra	0.29%	69,844	$888K	Add +4.3%
PAVE Global X US Infrastructure	0.28%	20,234	$884K	Reduce -0.2%
BANX Arrowmark Financial Corp.	0.28%	41,035	$859K	Reduce -1.0%
EPM Evolution Petroleum Corp.	0.27%	180,067	$846K	Reduce -19.0%
UMH Umh Properties Inc. filed as UMH PPTYS INC	0.26%	48,985	$822K	No change
PNTG The Pennant Group Inc.	0.25%	26,500	$791K	No change
ABCB Ameris Bancorp	0.24%	11,457	$744K	Reduce -0.3%
TYG Tortoise Energy Infrastruct	0.24%	16,727	$734K	Add +5.2%
ATOM Atomera Inc.	0.23%	144,575	$729K	Reduce -12.3%
MLR Miller Industries Inc.	0.23%	16,190	$720K	Reduce -1.5%
WFCF Where Food Comes From Inc.	0.22%	62,713	$694K	Reduce -6.5%
UWM Proshares Ultra RUSSELL2000	0.22%	17,960	$677K	Reduce -0.3%
JYNT The Joint Corp.	0.22%	58,555	$676K	Reduce -19.1%
POLA Polar Power Inc.	0.22%	386,032	$672K	Reduce -13.6%
REZ Ishars Res and Multi Reales	0.21%	7,792	$642K	Add +5.4%
AIRG Airgain Inc.	0.20%	149,007	$618K	Reduce -5.6%
BBDC Barings BDC Inc.	0.20%	67,319	$615K	Reduce -0.8%
GENK Gen Restaurant Group Inc.	0.19%	152,221	$594K	Reduce -11.4%
INDS Pacer Industrial Real Estate	0.18%	15,424	$571K	Add +6.5%
FLOT iShares Floating Rate Bond E	0.18%	11,086	$566K	Add +0.3%
AMLP Alerian MLP ETF	0.18%	11,554	$565K	Add +4.8%
NEPH Nephros Inc.	0.17%	131,121	$536K	Reduce -8.4%
CDE Coeur Mining Inc.	0.16%	55,799	$494K	Reduce -0.1%
HBM Hudbay Minerals Inc.	0.16%	46,052	$489K	Reduce -0.4%
PLYM Plymouth Industrial REIT Inc.	0.15%	29,428	$480K	Reduce -0.5%
ARCC Ares Capital Corp.	0.15%	21,384	$470K	No change
JOF Japan Smaller Capitalization	0.15%	48,509	$468K	Reduce -1.9%
PDEX Pro-Dex Inc.	0.15%	10,596	$462K	Reduce -22.1%
SANG Sangoma Technologies Corp.	0.14%	74,380	$450K	Reduce -13.0%
TACT Transact Technologies Inc.	0.14%	120,575	$435K	Reduce -11.4%
CLFD Clearfield Inc.	0.14%	9,820	$426K	Reduce -18.0%
GLD SPDR Gold Shares	0.13%	1,312	$400K	No change
CRWS Crown Crafts Inc.	0.13%	133,636	$394K	Reduce -4.6%
SAR Saratoga Investment Corp.	0.13%	15,845	$393K	Reduce -0.6%
HASI Ha Sustainable Infrastructur	0.13%	14,529	$390K	Reduce -9.8%
CSWC Capital Southwest Corp.	0.12%	17,256	$380K	No change
RDVT Red Violet Inc.	0.12%	7,680	$378K	Reduce -12.9%
MRTN Marten Transport Ltd.	0.12%	27,656	$359K	No change
BBCP Concrete Pumping Holdings Inc.	0.11%	57,425	$353K	Reduce -14.8%
NEO Neogenomics Inc.	0.11%	47,385	$346K	No change
MULTISENSOR AI HOLDINGS INC	0.11%	579,000	$346K	Reduce -18.1%
META Meta Platforms Inc. Class A	0.11%	453	$334K	No change
VNQ Vanguard Real Estate ETF	0.11%	3,679	$328K	Add +12.3%
OOMA Ooma Inc.	0.11%	25,331	$327K	Reduce -10.3%
TCX Tucows Inc. Class A	0.10%	15,740	$310K	Reduce -20.3%
EVI Evi Industries Inc.	0.10%	14,021	$306K	Add +7.6%
LXP LXP Industrial Trust	0.10%	36,149	$303K	No change
NMFC New Mountain Finance Corp. filed as NEW MTN FIN CORP	0.09%	27,473	$290K	No change
INFU Infusystem Holdings Inc.	0.09%	45,600	$285K	Reduce -26.0%
PAYS Paysign Inc.	0.08%	36,344	$262K	No change
BCPC Balchem Corp.	0.08%	1,600	$255K	Reduce -0.6%
SAND Sandstorm Gold Ltd.	0.08%	25,076	$236K	No change
CECO Ceco Environmental Corp.	0.08%	8,315	$235K	New
ESBA Empire State Realty Op LP-Es	0.07%	28,778	$226K	New
WHF Whitehorse Finance Inc.	0.07%	24,070	$219K	Reduce -2.0%
TIP iShares Tips Bond ETF	0.07%	1,980	$218K	No change
SLRC SLR Investment Corp.	0.07%	13,385	$216K	Reduce -1.1%
FTLF Fitlife Brands Inc.	0.07%	16,140	$210K	Reduce -26.6%
JJSF J & J Snack Foods Corp.	0.07%	1,800	$206K	No change
EFT Eaton Vance Fltng RT Inc. TR	0.06%	15,192	$190K	No change
CGO Calamos Global Total Return	0.05%	14,225	$167K	No change
NNDM Nano Dimension Ltd. - ADR	0.05%	96,500	$156K	Reduce -3.0%
SOTK Sono-Tek Corp.	0.05%	40,406	$152K	Reduce -28.4%
FLL Full House Resorts Inc. filed as FULL HSE RESORTS INC	0.04%	35,675	$131K	No change
BNC Cea Industries Inc.	0.03%	10,711	$108K	Reduce -8.8%
URBAN-GRO INC	0.02%	223,729	$67K	Reduce -7.8%
DAIO Data I/O Corp.	0.02%	21,738	$67K	Reduce -2.0%
DLHC DLH Holdings Corp. filed as DLH HLDGS CORP	0.02%	10,262	$60K	Reduce -4.4%
BIOX Bioceres Crop Solutions Corp.	0.02%	12,625	$56K	Reduce -11.3%
KRMD Koru Medical Systems Inc.	0.02%	14,590	$52K	Reduce -43.7%
SGMA Sigmatron International Inc.	0.01%	14,208	$42K	No change
SLI Standard Lithium Ltd.	0.01%	19,370	$38K	Reduce -50.8%

Other holdings (9): bonds, preferreds, convertibles and warrants · $250K (not counted above)

Security	Class	Shares / Principal	Value	Change
MPTI.WS M-Tron Industries Inc. -28	*W EXP 04/25/202	87,130	$90K	Reduce -1.6%
MOBBW Mobilicom Ltd. -27	*W EXP 08/31/202	144,650	$54K	Reduce -4.6%
AMPGW Amplitech Group Inc.-CW26	*W EXP 02/26/202	83,865	$44K	No change
DTSTW Data Storage Corp. -CW26	*W EXP 05/18/202	145,021	$17K	Reduce -7.6%
BFRIW Biofrontera Inc. -CW26	*W EXP 10/27/202	154,900	$16K	Reduce -13.9%
EDBLW Edible Garden AG Inc.-CW27	*W EXP 99/99/999	144,525	$14K	Reduce -8.3%
NCPLW Netcapital Inc. -27	*W EXP 07/12/202	203,248	$8K	Reduce -6.6%
BNCWW Cea Industries Inc. -CW27	*W EXP 02/11/202	210,475	$5K	Reduce -8.3%
PXSAW Pyxis Tankers Inc. -CW25	*W EXP 10/13/202	70,800	$1K	Reduce -8.3%

Total filed on the 13F, all lines: $311.1M.

Portfolio Sells Q1 2025 → Q2 2025


BKTI BK Technologies Corp.	Reduce -37.6%	1.33%	−0.73
ECC Eagle Point Credit Co.	Sold out	0.00%	−0.62
EIC Eagle Point Income Co.-USA Inc.	Sold out	0.00%	−0.62
LEGH Legacy Housing Corp.	Reduce -6.3%	1.36%	−0.51
AROC Archrock Inc.	Reduce -8.5%	1.50%	−0.51
USAC USA Compression Partners LP	Reduce -3.4%	1.47%	−0.49
DUOT Duos Technologies Group Inc.	Sold out	0.00%	−0.41
EQX Equinox Gold Corp.	Reduce -7.2%	0.79%	−0.39
TPZ Tort Electf Infra ETF-Usd Inc.	Reduce -0.6%	1.91%	−0.34
XAI OCTAGN FLT RAT & ALT INM	Sold out	0.00%	−0.33
PCH Potlatchdeltic Corp.	Reduce -1.4%	0.78%	−0.30
IRT Independence Realty Trust Inc.	Reduce -0.1%	0.76%	−0.30
MPTI M-Tron Industries Inc.	Reduce -1.7%	1.18%	−0.30
BHR Braemar Hotels & Resorts Inc.	Sold out	0.00%	−0.28
AIOT Powerfleet Inc.	Reduce -6.1%	0.45%	−0.26
GOLD Gold.com Inc.	Reduce -2.3%	0.66%	−0.24
PCYO Pure Cycle Corp.	Reduce -5.3%	1.19%	−0.23
SACH Sachem Capital Corp.	Sold out	0.00%	−0.23
ACU Acme United Corp.	Reduce -3.3%	1.50%	−0.23
BXSL Blackstone Secured Lending F	Reduce -0.8%	0.96%	−0.22
FSK FS KKR Capital Corp.	Reduce -1.2%	1.13%	−0.21
VMD Viemed Healthcare Inc.	Reduce -3.8%	0.75%	−0.20
ACRE Ares Commercial Real Estate	Sold out	0.00%	−0.20
POLA Polar Power Inc.	Reduce -13.6%	0.22%	−0.19
RWAY Runway Growth Finance Corp.	Reduce -2.9%	0.95%	−0.18
PSCU Invesco S&P S C U&C Ser ETF	Reduce -1.1%	0.89%	−0.18
LOAN Manhattan Bridge Capital Inc.	Reduce -1.8%	0.63%	−0.17
RGLD Royal Gold Inc.	Reduce -9.6%	0.94%	−0.17
GENK Gen Restaurant Group Inc.	Reduce -11.4%	0.19%	−0.16
BRT BRT Apartments Corp.	Reduce -0.6%	0.60%	−0.16
EPM Evolution Petroleum Corp.	Reduce -19.0%	0.27%	−0.16
HROW Harrow Inc.	Reduce -26.7%	0.41%	−0.16
MDV Modiv Industrial Inc.	Reduce -0.3%	0.47%	−0.15
SELF Global Self Storage Inc.	Reduce -3.2%	1.08%	−0.14
VICI Vici Properties Inc.	Reduce -0.7%	0.81%	−0.14
MULTISENSOR AI HOLDINGS INC	Reduce -18.1%	0.11%	−0.13
GDXJ Vaneck Junior Gold Miners	Reduce -9.3%	1.48%	−0.12
JYNT The Joint Corp.	Reduce -19.1%	0.22%	−0.12
WELL Welltower Inc.	Reduce -0.6%	0.70%	−0.11
VMBS Vanguard Mortgage-Backed Sec	Reduce -2.4%	0.61%	−0.11
NEWT Newtekone Inc.	Reduce -1.4%	0.46%	−0.11
OXFORD LANE CAP CORP	Sold out	0.00%	−0.11
SOHO Sotherly Hotels Inc.	Sold out	0.00%	−0.11
SMID Smith-Midland Corp.	Reduce -4.1%	0.88%	−0.11
GWRS Global Water Resources Inc.	Reduce -2.0%	0.53%	−0.10
PDEX Pro-Dex Inc.	Reduce -22.1%	0.15%	−0.10
PSTL Postal Realty Trust Inc. Class A	Reduce -1.1%	0.74%	−0.10
DTST Data Storage Corp.	Reduce -7.3%	0.31%	−0.10
WPM Wheaton Precious Metals Corp.	Reduce -5.3%	1.68%	−0.10
LAND Gladstone Land Corp.	Reduce -3.1%	0.41%	−0.10

Portfolio Buys Q1 2025 → Q2 2025


BIZD Vaneck BDC Income ETF	Add +1003.8%	2.63%	+2.34
XFFCX Flaherty & Crumrine Pref Inc.	Add +598.0%	2.34%	+1.96
PFF iShares Preferred & Income S	Add +912.9%	2.18%	+1.93
TGEN Tecogen Inc./Waltham Ma	New	1.36%	+1.36
JAAA Janus Henderson Aaa Clo ETF	New	1.29%	+1.29
AEHR Aehr Test Systems	New	0.81%	+0.81
ACNT Ascent Industries Co.	New	0.70%	+0.70
NEUROONE MED TECHNOLOGIES CO	New	0.40%	+0.40
PMNT Perfect Moment Ltd.	New	0.38%	+0.38
INLX Intellinetics Inc.	Add +89.7%	0.88%	+0.35
CECO Ceco Environmental Corp.	New	0.08%	+0.08
ESBA Empire State Realty Op LP-Es	New	0.07%	+0.07
EVI Evi Industries Inc.	Add +7.6%	0.10%	+0.02
VNQ Vanguard Real Estate ETF	Add +12.3%	0.11%	−0.01
INDS Pacer Industrial Real Estate	Add +6.5%	0.18%	−0.02
TYG Tortoise Energy Infrastruct	Add +5.2%	0.24%	−0.02
FLOT iShares Floating Rate Bond E	Add +0.3%	0.18%	−0.03
REZ Ishars Res and Multi Reales	Add +5.4%	0.21%	−0.03
AMLP Alerian MLP ETF	Add +4.8%	0.18%	−0.03
KYN Kayne Anderson Energy Infra	Add +4.3%	0.29%	−0.03
INTT Intest Corp.	Add +0.8%	0.50%	−0.05
VPU Vanguard Utilities ETF	Add +0.9%	0.55%	−0.06
NEE Nextera Energy Inc.	Add +1.1%	0.50%	−0.09
BLIN Bridgeline Digital Inc.	Add +6.6%	0.63%	−0.10
MODULAR MED INC	Add +45.0%	0.75%	−0.13

Notes & Other Activity Q1 2025 → Q2 2025


MPTI.WS M-Tron Industries Inc. -28	*W EXP 04/25/202	Reduce -1.6%	87,130	$90K
MOBBW Mobilicom Ltd. -27	*W EXP 08/31/202	Reduce -4.6%	144,650	$54K
DTSTW Data Storage Corp. -CW26	*W EXP 05/18/202	Reduce -7.6%	145,021	$17K
BFRIW Biofrontera Inc. -CW26	*W EXP 10/27/202	Reduce -13.9%	154,900	$16K
EDBLW Edible Garden AG Inc.-CW27	*W EXP 99/99/999	Reduce -8.3%	144,525	$14K
NCPLW Netcapital Inc. -27	*W EXP 07/12/202	Reduce -6.6%	203,248	$8K
BNCWW Cea Industries Inc. -CW27	*W EXP 02/11/202	Reduce -8.3%	210,475	$5K
PXSAW Pyxis Tankers Inc. -CW25	*W EXP 10/13/202	Reduce -8.3%	70,800	$1K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	287	$450.2M	JAAA, PFF, COHR, XFFCX, SCHO
Q1 2026	287	$398.2M	JAAA, PFF, XFFCX, COHR, SCHO
Q4 2025	233	$388.9M	PFF, XFFCX, JAAA, COHR, VNQ
Q3 2025	152	$375.9M	PFF, XFFCX, BIZD, ENSG, COHR
Q2 2025	164	$310.9M	ENSG, BIZD, WLDN, COHR, XFFCX
Q1 2025	171	$267.9M	ENSG, TPZ, COHR, BKTI, WLDN
Q4 2024	172	$294.0M	ENSG, TPZ, COHR, AMPG, FIP
Q3 2024	169	$293.2M	ENSG, FIP, COHR, MAMA, WLDN
Q2 2024	164	$261.0M	ENSG, FIP, COHR, MAMA, AROC
Q1 2024	167	$277.6M	ENSG, FIP, COHR, USPH, ACU