Cannell Capital LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Cannell Capital LLC reported 58 stock positions worth $418.0 million. Its top holding was North American Construction (NOA) at 7.9% of the portfolio, followed by Truecar (TRUE, 6.6%) and Mimedx (MDXG, 5.5%). Compared with Q1 2024, it opened 13 new positions, sold out of 7, added to 25 and reduced 11. The biggest buy was a new position in Limbach (LMB) and the biggest sale an exit from Zillow Class C (Z).
- Most Recent 13F
- Q2 2026
- Location
- ALTA, WY
- CIK
- 0001058854
- Portfolio Value
- $418.0M (Q2 2024)
- SEC Filing
- 0001941040-24-000378 ↗ filed Aug 14, 2024
Holdings Value
Holdings 58 stocks · $418.0M
| NOA North American Construction | 7.89% | 1,709,745 | $33.0M | Add +2.2% |
| TRUE Truecar Inc. | 6.56% | 8,758,169 | $27.4M | Add +2.3% |
| MDXG Mimedx Group Inc. | 5.51% | 3,321,946 | $23.0M | Add +36.5% |
| UTI Universal Technical Institut | 5.42% | 1,440,890 | $22.7M | Add +22.8% |
| PRSU Pursuit Attractions and Hosp filed as VIAD CORP | 5.41% | 665,131 | $22.6M | Add +14.8% |
| CVCO Cavco Industries Inc. | 5.30% | 64,037 | $22.2M | Add +0.0% |
| ARLO Arlo Technologies Inc. | 5.09% | 1,631,252 | $21.3M | Reduce -17.6% |
| INSE Inspired Entertainment Inc. | 4.25% | 1,940,555 | $17.8M | Add +11.7% |
| CLH Clean Harbors Inc. | 4.20% | 77,569 | $17.5M | Add +15.2% |
| GPGI Gpgi Inc. filed as COMPOSECURE INC | 4.02% | 2,471,543 | $16.8M | Add +38.2% |
| LPRO Open Lending Corp. | 3.51% | 2,627,800 | $14.7M | Add +5.2% |
| TIPT Tiptree Inc. | 3.48% | 881,368 | $14.5M | Reduce -13.5% |
| BBW Build-A-Bear Workshop Inc. | 2.81% | 464,903 | $11.7M | Add +8.1% |
| OSUR Orasure Technologies Inc. | 2.66% | 2,608,199 | $11.1M | Add +35.4% |
| NXDR Nextdoor Holdings Inc. | 2.65% | 3,980,736 | $11.1M | Add +42.1% |
| SWKH SWK Holdings Corp. filed as SWK HLDGS CORP | 2.58% | 634,058 | $10.8M | Reduce -7.0% |
| EEX Emerald Holding Inc. | 2.55% | 1,870,277 | $10.6M | Add +5.8% |
| LDI Loandepot Inc. Class A | 2.17% | 5,492,889 | $9.1M | Add +11.3% |
| SNDL SNDL Inc. | 2.14% | 4,706,861 | $8.9M | Add +61.7% |
| COMP Compass Inc. Class A | 2.10% | 2,433,834 | $8.8M | Add +8.8% |
| SPWH Sportsman's Warehouse Holdin | 1.95% | 3,386,602 | $8.2M | Reduce -9.0% |
| LMB Limbach Holdings Inc. | 1.68% | 123,444 | $7.0M | New |
| COMPOSECURE HOLDINGS LLC | 1.35% | 5,626,000 | $5.6M | No change |
| GBLI Global Indemnity Group LLC-A | 1.34% | 180,398 | $5.6M | Add +42.5% |
| ARKO Arko Corp. | 1.22% | 811,175 | $5.1M | New |
| ONT Onterris Inc. filed as MONTROSE ENVIRONMENTAL GROUP | 1.12% | 104,713 | $4.7M | New |
| STIM Neuronetics Inc. | 1.03% | 2,381,303 | $4.3M | Reduce -3.3% |
| SJT San Juan Basin Royalty TR | 0.90% | 929,814 | $3.8M | New |
| LINC Lincoln Educational Services | 0.89% | 313,264 | $3.7M | Reduce -78.3% |
| LAZYDAYS HLDGS INC | 0.82% | 1,355,926 | $3.4M | Add +6.1% |
| LEE Lee Enterprises | 0.81% | 306,251 | $3.4M | Reduce -3.2% |
| TDAY USA Today Co. Inc. filed as GANNETT CO INC | 0.73% | 665,046 | $3.1M | New |
| FTHM Fathom Holdings Inc. | 0.56% | 1,363,901 | $2.3M | Reduce -1.3% |
| GOLD Gold.com Inc. filed as A-MARK PRECIOUS METALS INC | 0.56% | 72,041 | $2.3M | No change |
| MNTX Manitex International Inc. | 0.41% | 390,400 | $1.7M | Add +6.0% |
| LUCK Lucky Strike Entertainment C filed as BOWLERO CORP | 0.41% | 117,003 | $1.7M | New |
| TTSH Tile Shop Hldgs Inc. | 0.39% | 235,832 | $1.6M | Reduce -65.0% |
| NBIS Nebius Group NV filed as YANDEX N V | 0.36% | 341,104 | $1.5M | No change |
| PPIH Perma-Pipe International Hol | 0.35% | 163,810 | $1.5M | Add +20.0% |
| IIPR Innovative Industrial Proper | 0.24% | 9,359 | $1.0M | New |
| CRON Cronos Group Inc. | 0.24% | 434,435 | $1.0M | New |
| NTIP Network-1 Technologies Inc. | 0.23% | 534,909 | $952K | No change |
| DGICA Donegal Group Inc. Class A | 0.22% | 72,100 | $929K | Add +21.3% |
| PNRG Primeenergy Resources Corp. | 0.22% | 8,584 | $913K | Add +24.4% |
| GRWG Growgeneration Corp. | 0.19% | 368,419 | $792K | Add +284.8% |
| WINA Winmark Corp. | 0.19% | 2,200 | $776K | No change |
| NBBK NB Bancorp Inc. | 0.18% | 50,591 | $763K | No change |
| TYG Tortoise Energy Infrastruct | 0.18% | 21,540 | $751K | No change |
| XTTPX Tortoise Pipeline & Energy | 0.18% | 20,390 | $738K | No change |
| SHCR Sharecare Inc. | 0.14% | 418,550 | $565K | Reduce -92.5% |
| ALTISOURCE PORTFOLIO SOLNS S | 0.13% | 391,508 | $552K | Reduce -75.6% |
| DELL Dell Technologies -C | 0.12% | 3,780 | $521K | New |
| PETXQ Wag! Group Co. | 0.12% | 315,824 | $505K | New |
| TACT Transact Technologies Inc. | 0.09% | 97,526 | $368K | Add +9.1% |
| HYFM Hydrofarm Hldgs Group Inc. | 0.05% | 283,770 | $196K | New |
| APLD Applied Digital Corp. | 0.04% | 30,622 | $182K | New |
| GSAT Globalstar Inc. | 0.04% | 160,406 | $180K | New |
| FORUM ENERGY TECHNOLOGIE (FET 9 08/04/25) | 0.03% | 140,000 | $140K | No change |
Options reported separately and not counted above: CAVA puts ($22.5M), SOUN puts ($1.3M).
Portfolio Sells Q1 2024 → Q2 2024
| Z Zillow Group Inc. Class C | Sold out | 0.00% | −2.93 |
| LINC Lincoln Educational Services | Reduce -78.3% | 0.89% | −2.46 |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | Sold out | 0.00% | −1.85 |
| STIM Neuronetics Inc. | Reduce -3.3% | 1.03% | −1.61 |
| SHCR Sharecare Inc. | Reduce -92.5% | 0.14% | −0.83 |
| TTSH Tile Shop Hldgs Inc. | Reduce -65.0% | 0.39% | −0.67 |
| SPWH Sportsman's Warehouse Holdin | Reduce -9.0% | 1.95% | −0.65 |
| ALTISOURCE PORTFOLIO SOLNS S | Reduce -75.6% | 0.13% | −0.57 |
| ARLO Arlo Technologies Inc. | Reduce -17.6% | 5.09% | −0.53 |
| TIPT Tiptree Inc. | Reduce -13.5% | 3.48% | −0.48 |
| VIAOY Via Optronics Holding AG | Sold out | 0.00% | −0.41 |
| LEE Lee Enterprises | Reduce -3.2% | 0.81% | −0.13 |
| SWKH SWK Holdings Corp. | Reduce -7.0% | 2.58% | −0.09 |
| FSFG First Savings Financial Grp | Sold out | 0.00% | −0.08 |
| MQ Marqeta Inc. | Sold out | 0.00% | −0.08 |
| GTX Garrett Motion Inc. | Sold out | 0.00% | −0.06 |
| FTHM Fathom Holdings Inc. | Reduce -1.3% | 0.56% | −0.06 |
| URGENTLY INC | Sold out | 0.00% | −0.03 |
Portfolio Buys Q1 2024 → Q2 2024
| LMB Limbach Holdings Inc. | New | 1.68% | +1.68 |
| MDXG Mimedx Group Inc. | Add +36.5% | 5.51% | +1.30 |
| NXDR Nextdoor Holdings Inc. | Add +42.1% | 2.65% | +1.23 |
| UTI Universal Technical Institut | Add +22.8% | 5.42% | +1.22 |
| ARKO Arko Corp. | New | 1.22% | +1.22 |
| CLH Clean Harbors Inc. | Add +15.2% | 4.20% | +1.15 |
| GPGI Gpgi Inc. | Add +38.2% | 4.02% | +1.12 |
| ONT Onterris Inc. | New | 1.12% | +1.12 |
| SJT San Juan Basin Royalty TR | New | 0.90% | +0.90 |
| SNDL SNDL Inc. | Add +61.7% | 2.14% | +0.83 |
| TDAY USA Today Co. Inc. | New | 0.73% | +0.73 |
| GBLI Global Indemnity Group LLC-A | Add +42.5% | 1.34% | +0.47 |
| LUCK Lucky Strike Entertainment C | New | 0.41% | +0.41 |
| INSE Inspired Entertainment Inc. | Add +11.7% | 4.25% | +0.40 |
| COMP Compass Inc. Class A | Add +8.8% | 2.10% | +0.29 |
| PRSU Pursuit Attractions and Hosp | Add +14.8% | 5.41% | +0.28 |
| IIPR Innovative Industrial Proper | New | 0.24% | +0.24 |
| CRON Cronos Group Inc. | New | 0.24% | +0.24 |
| GRWG Growgeneration Corp. | Add +284.8% | 0.19% | +0.13 |
| DELL Dell Technologies -C | New | 0.12% | +0.12 |
| PETXQ Wag! Group Co. | New | 0.12% | +0.12 |
| PPIH Perma-Pipe International Hol | Add +20.0% | 0.35% | +0.11 |
| PNRG Primeenergy Resources Corp. | Add +24.4% | 0.22% | +0.06 |
| HYFM Hydrofarm Hldgs Group Inc. | New | 0.05% | +0.05 |
| TRUE Truecar Inc. | Add +2.3% | 6.56% | +0.04 |
| APLD Applied Digital Corp. | New | 0.04% | +0.04 |
| GSAT Globalstar Inc. | New | 0.04% | +0.04 |
| DGICA Donegal Group Inc. Class A | Add +21.3% | 0.22% | +0.03 |
| OSUR Orasure Technologies Inc. | Add +35.4% | 2.66% | −0.00 |
| LPRO Open Lending Corp. | Add +5.2% | 3.51% | −0.00 |
| TACT Transact Technologies Inc. | Add +9.1% | 0.09% | −0.02 |
| BBW Build-A-Bear Workshop Inc. | Add +8.1% | 2.81% | −0.07 |
| MNTX Manitex International Inc. | Add +6.0% | 0.41% | −0.15 |
| EEX Emerald Holding Inc. | Add +5.8% | 2.55% | −0.16 |
| LAZYDAYS HLDGS INC | Add +6.1% | 0.82% | −0.33 |
| CVCO Cavco Industries Inc. | Add +0.0% | 5.30% | −0.43 |
| NOA North American Construction | Add +2.2% | 7.89% | −0.48 |
| LDI Loandepot Inc. Class A | Add +11.3% | 2.17% | −0.70 |
Options Activity Q1 2024 → Q2 2024
| SOUN Soundhound AI Inc. Class A | put | Reduce -38.5% | 319,300 | $1.3M |
| SHCR Sharecare Inc. | call | Sold out | 204,400 | $157Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 34 | $143.2M | ASIC, SNDL, NOA, CHEGG INC (CHGG 0 09/01/26), LIFE |
| Q1 2026 | 35 | $154.0M | NOA, SNDL, ASIC, NPKI, ETON |
| Q4 2025 | 36 | $156.7M | NOA, SNDL, NPKI, NGS, MDXG |
| Q3 2025 | 55 | $380.9M | SNDL, GPGI, CVCO, NOA, TPB |
| Q2 2025 | 55 | $320.0M | GPGI, NOA, CVCO, SJT, NPKI |
| Q1 2025 | 45 | $295.7M | NOA, CVCO, GPGI, COMP, SJT |
| Q4 2024 | 48 | $485.8M | CVCO, NOA, UTI, MDXG, GPGI |
| Q3 2024Amended | 47 | $455.9M | NOA, GPGI, CVCO, TRUE, PRSU |
| Q2 2024 | 58 | $418.0M | NOA, TRUE, MDXG, UTI, PRSU |
| Q1 2024 | 52 | $445.4M | NOA, TRUE, CVCO, ARLO, PRSU |