Gendell Jeffrey L

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Gendell Jeffrey L reported 88 stock positions worth $2.6 billion. Its top holding was Ies (IESC) at 52.7% of the portfolio, followed by iShares Russell 2000 ETF (IWM, 4.9%) and Alpha Metallurgical Resource (AMR, 4.5%). Compared with Q4 2023, it opened 14 new positions, sold out of 2, added to 38 and reduced 8. The biggest buy was a new position in SLB (SLB) and the biggest sale an exit from Dish Network Class A (DISH).

Most Recent 13F
Q2 2026
Location
Greenwich, CT
CIK
0001056581
Portfolio Value
$2.6B (Q1 2024)
SEC Filing
0001214659-24-009350 ↗ filed May 15, 2024

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $2.6B $2.6B Q1 2024 Q2 2024: $2.9B Q2 2024 Q3 2024: $3.2B Q3 2024 Q4 2024: $3.2B Q4 2024 Q1 2025: $2.3B Q1 2025 Q2 2025: $3.8B Q2 2025 Q3 2025: $5.4B Q3 2025 Q4 2025: $5.7B Q4 2025 Q1 2026: $7.3B Q1 2026 Q2 2026: $11.1B Q2 2026

Holdings 88 stocks · $2.6B
IESC Ies Holdings Inc. filed as IES HLDGS INC 52.68% 11,210,152 $1.4B Reduce -0.9%
IWM iShares Russell 2000 ETF 4.92% 606,201 $127.5M Add +34.7%
AMR Alpha Metallurgical Resource 4.48% 350,125 $116.0M Add +21.8%
OIH Vaneck Oil Services ETF 4.19% 322,103 $108.3M Add +15.7%
AVDL Avadel Pharmaceuticals plc 3.72% 5,708,118 $96.4M Add +1.6%
BXC Bluelinx Holdings Inc. 2.44% 485,162 $63.2M No change
HAL Halliburton Co. 2.20% 1,447,075 $57.0M Add +136.4%
BTU Peabody Energy Corp. 1.94% 2,067,230 $50.2M No change
ARCH Arch Resources Inc. 1.87% 301,039 $48.4M Add +5.5%
MHK Mohawk Industries Inc. 1.68% 333,064 $43.6M Add +9.6%
NBR Nabors Industries Ltd. 1.45% 436,442 $37.6M Add +10.1%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 1.08% 510,000 $28.0M New
HP Helmerich & Payne 0.84% 518,571 $21.8M Add +27.8%
LXU LSB Industries Inc. 0.83% 2,450,496 $21.5M Add +22.9%
TTI Tetra Technologies Inc. 0.82% 4,811,224 $21.3M Add +5.5%
OIS Oil States International Inc. filed as OIL STS INTL INC 0.69% 2,897,405 $17.8M Add +8.0%
IWN iShares Russell 2000 Value E 0.69% 111,876 $17.8M Add +36.6%
KRE SS SPDR S&P Regional Bank 0.68% 351,727 $17.7M Add +93.5%
CONSOL ENERGY INC 0.60% 185,355 $15.5M Add +32.4%
LBRT Liberty Energy Inc. 0.59% 739,939 $15.3M No change
ASTL Algoma Steel Group Inc. 0.57% 1,750,000 $14.9M No change
KLXE KLX Energy Services Holding 0.49% 1,624,096 $12.6M Add +6.4%
MTRX Matrix Service Co. 0.44% 870,556 $11.3M Add +5.8%
PATK Patrick Industries Inc. 0.42% 90,059 $10.8M No change
WTTR Select Water Solutions Inc. 0.41% 1,141,189 $10.5M Add +1.8%
XBI SS SPDR S&P Biotech ETF 0.36% 99,300 $9.4M New
ENS Enersys 0.36% 98,226 $9.3M No change
C Citigroup Inc. 0.35% 145,000 $9.2M Add +45.0%
AMD Advanced Micro Devices 0.35% 50,000 $9.0M Add +66.7%
LPX Louisiana-Pacific Corp. 0.32% 100,000 $8.4M No change
AMAT Applied Materials Inc. 0.32% 40,000 $8.2M New
FRD Friedman Industries 0.32% 435,666 $8.2M Add +16.4%
CWH Camping World Holdings Inc. Class A 0.31% 284,069 $7.9M Reduce -5.3%
RBCAA Republic Bancorp Inc. Class A 0.29% 146,709 $7.5M No change
NINEQ Nine Energy Service Inc. 0.29% 3,313,322 $7.4M No change
CMI Cummins Inc. 0.28% 25,000 $7.4M Add +66.7%
IOSP Innospec Inc. 0.27% 54,990 $7.1M New
FMBH First Mid Bancshares Inc. 0.27% 215,119 $7.0M No change
HMNF HMN Financial Inc. 0.26% 323,577 $6.8M No change
OSG Octave Specialty Group Inc. filed as AMBAC FINL GROUP INC 0.26% 434,313 $6.8M Add +118.0%
ORN Orion Group Holdings Inc. 0.26% 819,566 $6.7M Add +25.2%
SKY Champion Homes Inc. filed as SKYLINE CHAMPION CORPORATION 0.25% 75,000 $6.4M No change
FCG First Trust Natural Gas ETF 0.24% 222,039 $6.1M New
RNGR Ranger Energy Services Class A 0.23% 538,190 $6.1M Add +409.6%
PEBK Peoples Bancorp of NC 0.23% 217,763 $6.1M No change
CLB Core Laboratories Inc. 0.22% 326,890 $5.6M Add +101.7%
IROQ If Bancorp Inc. 0.20% 312,151 $5.2M Add +14.7%
BDC Belden Inc. 0.19% 53,882 $5.0M No change
PSCE Invesco S&P Smallcap Energy 0.17% 78,869 $4.4M No change
FSLR First Solar Inc. 0.16% 25,000 $4.2M New
TILE Interface Inc. 0.16% 250,363 $4.2M Add +1041.8%
FUNC First United Corp. 0.16% 178,352 $4.1M Add +6.3%
ASRV Ameriserv Financial Inc. 0.14% 1,370,023 $3.6M Add +9.9%
AGO Assured Guaranty Ltd. 0.14% 40,102 $3.5M No change
FENC Fennec Pharmaceuticals Inc. 0.13% 302,478 $3.4M Add +7.1%
SHBI Shore Bancshares Inc. 0.13% 283,410 $3.3M Add +3.7%
FUSB First US Bancshares Inc. 0.12% 332,957 $3.1M Add +14.0%
SXC Suncoke Energy Inc. 0.12% 272,591 $3.1M Reduce -1.5%
CZWI Citizens Community Bancorp I 0.12% 250,959 $3.0M Add +8.7%
COHR Coherent Corp. 0.11% 45,000 $2.7M New
VATE Innovate Corp. 0.10% 3,789,153 $2.7M No change
XAIR Beyond Air Inc. 0.10% 1,461,071 $2.5M Add +30.4%
BERY Berry Global Group Inc. 0.09% 40,000 $2.4M New
SILVERSUN TECHNOLOGIES INC 0.09% 183,263 $2.4M Add +1121.7%
NCMI National Cinemedia Inc. 0.09% 456,620 $2.4M New
UBS UBS Group AG-Reg 0.09% 75,000 $2.3M No change
NWPX NWPX Infrastructure Inc. filed as NORTHWEST PIPE CO 0.06% 43,572 $1.5M Reduce -15.3%
BVFL BV Financial Inc. filed as BV FINL INC 0.05% 136,251 $1.4M No change
FSTR Foster (lb) Co. Class A 0.05% 50,000 $1.4M Reduce -49.9%
CMT Core Molding Technologies Inc. 0.05% 63,410 $1.2M Reduce -17.4%
INTC Intel Corp. 0.04% 25,000 $1.1M No change
FRBA First Bank/Hamilton NJ 0.04% 70,404 $967K No change
GTLS Chart Industries Inc. 0.04% 5,658 $932K Reduce -62.3%
TAN Invesco Solar ETF 0.04% 20,000 $907K New
DXYN Dixie Group Inc. 0.03% 1,391,473 $789K No change
BRBS Blue Ridge Bankshares Inc. 0.03% 281,223 $756K No change
PHIN Phinia Inc. 0.03% 18,465 $710K New
SBFG SB Financial Group Inc. filed as SB FINL GROUP INC 0.03% 48,823 $673K Add +7.3%
SOUN Soundhound AI Inc. Class A 0.02% 100,000 $589K New
NXT Nextpower Inc. filed as NEXTRACKER INC 0.02% 10,000 $563K New
BW Babcock & Wilcox Enterpr 0.02% 439,150 $496K No change
HBT HBT Financial Inc. 0.02% 25,883 $493K No change
TISI Team Inc. 0.02% 67,864 $489K Reduce -42.8%
HWBK Hawthorn Bancshares Inc. 0.01% 16,505 $337K No change
PEBO Peoples Bancorp Inc. 0.01% 10,589 $314K No change
SEELQ Seelos Therapeutics Inc. 0.01% 428,966 $254K Add +284.3%
CIVB Civista Bancshares Inc. 0.01% 10,000 $154K No change
DTI Drilling Tools International 0.00% 11,785 $35K New
Other holdings (1): bonds, preferreds, convertibles and warrants · $128K (not counted above)
SecurityClassShares / PrincipalValueChange
ASTLW Algoma Steel Group Inc. -CW26 *W EXP 10/19/202 93,408$128KNo change

Total filed on the 13F, all lines: $2.6B.

Portfolio Sells Q4 2023 → Q1 2024
DISH Dish Network Corp. Class A Sold out 0.00% −0.19
CWH Camping World Holdings Inc. Class A Reduce -5.3% 0.31% −0.12
GTLS Chart Industries Inc. Reduce -62.3% 0.04% −0.08
FSTR Foster (lb) Co. Class A Reduce -49.9% 0.05% −0.07
SXC Suncoke Energy Inc. Reduce -1.5% 0.12% −0.04
CMT Core Molding Technologies Inc. Reduce -17.4% 0.05% −0.03
ODP The Odp Corp. Sold out 0.00% −0.03
NWPX NWPX Infrastructure Inc. Reduce -15.3% 0.06% −0.03
TISI Team Inc. Reduce -42.8% 0.02% −0.02
IESC Ies Holdings Inc. Reduce -0.9% 52.68% +3.93

Portfolio Buys Q4 2023 → Q1 2024
SLB SLB Ltd. New 1.08% +1.08
HAL Halliburton Co. Add +136.4% 2.20% +1.00
XBI SS SPDR S&P Biotech ETF New 0.36% +0.36
AMAT Applied Materials Inc. New 0.32% +0.32
IOSP Innospec Inc. New 0.27% +0.27
FCG First Trust Natural Gas ETF New 0.24% +0.24
RNGR Ranger Energy Services Class A Add +409.6% 0.23% +0.18
KRE SS SPDR S&P Regional Bank Add +93.5% 0.68% +0.17
FSLR First Solar Inc. New 0.16% +0.16
TILE Interface Inc. Add +1041.8% 0.16% +0.15
AMD Advanced Micro Devices Add +66.7% 0.35% +0.11
COHR Coherent Corp. New 0.11% +0.11
BERY Berry Global Group Inc. New 0.09% +0.09
NCMI National Cinemedia Inc. New 0.09% +0.09
CMI Cummins Inc. Add +66.7% 0.28% +0.09
OSG Octave Specialty Group Inc. Add +118.0% 0.26% +0.08
ORN Orion Group Holdings Inc. Add +25.2% 0.26% +0.08
SILVERSUN TECHNOLOGIES INC Add +1121.7% 0.09% +0.08
C Citigroup Inc. Add +45.0% 0.35% +0.07
CLB Core Laboratories Inc. Add +101.7% 0.22% +0.06
HP Helmerich & Payne Add +27.8% 0.84% +0.04
TAN Invesco Solar ETF New 0.04% +0.04
PHIN Phinia Inc. New 0.03% +0.03
SOUN Soundhound AI Inc. Class A New 0.02% +0.02
NXT Nextpower Inc. New 0.02% +0.02
IWM iShares Russell 2000 ETF Add +34.7% 4.92% +0.01
DTI Drilling Tools International New 0.00% +0.00
SEELQ Seelos Therapeutics Inc. Add +284.3% 0.01% +0.00
MTRX Matrix Service Co. Add +5.8% 0.44% +0.00
FRD Friedman Industries Add +16.4% 0.32% +0.00
IWN iShares Russell 2000 Value E Add +36.6% 0.69% −0.01
SBFG SB Financial Group Inc. Add +7.3% 0.03% −0.01
XAIR Beyond Air Inc. Add +30.4% 0.10% −0.02
MHK Mohawk Industries Inc. Add +9.6% 1.68% −0.03
CZWI Citizens Community Bancorp I Add +8.7% 0.12% −0.03
IROQ If Bancorp Inc. Add +14.7% 0.20% −0.04
FENC Fennec Pharmaceuticals Inc. Add +7.1% 0.13% −0.04
FUSB First US Bancshares Inc. Add +14.0% 0.12% −0.04
WTTR Select Water Solutions Inc. Add +1.8% 0.41% −0.06
FUNC First United Corp. Add +6.3% 0.16% −0.06
ASRV Ameriserv Financial Inc. Add +9.9% 0.14% −0.08
SHBI Shore Bancshares Inc. Add +3.7% 0.13% −0.09
CONSOL ENERGY INC Add +32.4% 0.60% −0.17
LXU LSB Industries Inc. Add +22.9% 0.83% −0.18
TTI Tetra Technologies Inc. Add +5.5% 0.82% −0.30
OIS Oil States International Inc. Add +8.0% 0.69% −0.30
NBR Nabors Industries Ltd. Add +10.1% 1.45% −0.31
KLXE KLX Energy Services Holding Add +6.4% 0.49% −0.45
OIH Vaneck Oil Services ETF Add +15.7% 4.19% −0.50
AVDL Avadel Pharmaceuticals plc Add +1.6% 3.72% −0.59

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 103$11.1BIESC, SNDK, OC, MU, TPC
Q1 2026 101$7.3BIESC, IWM, AMR, OC, TPC
Q4 2025 93$5.7BIESC, OC, AVDL, AMR, WTM
Q3 2025 86$5.4BIESC, AVDL, AMR, BXC, HUM
Q2 2025 76$3.8BIESC, AVDL, BXC, IWM, AMR
Q1 2025 78$2.3BIESC, AVDL, BXC, AMR, OIH
Q4 2024 87$3.2BIESC, AMR, OIH, AVDL, IWM
Q3 2024 84$3.2BIESC, AMR, AVDL, BTU, HAL
Q2 2024 99$2.9BIESC, AMR, OIH, AVDL, SLB
Q1 2024 88$2.6BIESC, IWM, AMR, OIH, AVDL