Gendell Jeffrey L
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Gendell Jeffrey L reported 76 stock positions worth $3.8 billion. Its top holding was Ies (IESC) at 84.0% of the portfolio, followed by Avadel Pharmaceuticals (AVDL, 1.2%) and Bluelinx (BXC, 1.1%). Compared with Q1 2025, it opened 11 new positions, sold out of 13, added to 28 and reduced 26. The biggest buy was a new position in iShares Russell 2000 ETF (IWM) and the biggest sale Avadel Pharmaceuticals (AVDL, shares −16%).
- Most Recent 13F
- Q2 2026
- Location
- Greenwich, CT
- CIK
- 0001056581
- Portfolio Value
- $3.8B (Q2 2025)
- SEC Filing
- 0001214659-25-012255 ↗ filed Aug 14, 2025
Holdings Value
Holdings 76 stocks · $3.8B
| IESC Ies Holdings Inc. filed as IES HLDGS INC | 83.97% | 10,676,338 | $3.2B | Reduce -0.4% |
| AVDL Avadel Pharmaceuticals Ltd. | 1.22% | 5,176,611 | $45.8M | Reduce -15.5% |
| BXC Bluelinx Holdings Inc. | 1.11% | 563,730 | $41.9M | Add +16.8% |
| IWM iShares Russell 2000 ETF | 0.97% | 170,000 | $36.7M | New |
| AMR Alpha Metallurgical Resource | 0.89% | 296,396 | $33.3M | Add +30.9% |
| OIH Vaneck Oil Services ETF | 0.83% | 135,197 | $31.1M | Add +34.8% |
| MU Micron Technology Inc. | 0.55% | 167,000 | $20.6M | Add +116.9% |
| OC Owens Corning | 0.54% | 148,741 | $20.5M | New |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.40% | 450,000 | $15.2M | Add +13.7% |
| LXU LSB Industries Inc. | 0.40% | 1,944,465 | $15.2M | Reduce -28.1% |
| INDV Indivior Ltd. | 0.34% | 856,481 | $12.6M | Add +41.2% |
| TTI Tetra Technologies Inc. | 0.32% | 3,642,453 | $12.2M | Reduce -13.0% |
| MHK Mohawk Industries Inc. | 0.32% | 115,000 | $12.1M | Reduce -22.0% |
| SKY Champion Homes Inc. | 0.28% | 170,349 | $10.7M | New |
| ATKR Atkore Inc. | 0.28% | 150,105 | $10.6M | Reduce -24.8% |
| RBCAA Republic Bancorp Inc. Class A | 0.28% | 142,916 | $10.4M | Reduce -2.6% |
| AAPL Apple Inc. | 0.27% | 50,000 | $10.3M | New |
| PATK Patrick Industries Inc. | 0.26% | 105,088 | $9.7M | No change |
| OIS Oil States International Inc. filed as OIL STS INTL INC | 0.23% | 1,607,718 | $8.6M | Reduce -4.1% |
| OSG Octave Specialty Group Inc. filed as AMBAC FINL GROUP INC | 0.23% | 1,198,420 | $8.5M | Add +99.0% |
| MTRX Matrix Service Co. | 0.22% | 614,409 | $8.3M | Add +2.9% |
| NBR Nabors Industries Ltd. | 0.22% | 294,716 | $8.3M | Reduce -16.9% |
| IROQ If Bancorp Inc. | 0.21% | 326,179 | $7.9M | Reduce -0.1% |
| XBI SS SPDR S&P Biotech ETF | 0.20% | 92,278 | $7.7M | Add +137.6% |
| CNR Core Natural Resources Inc. | 0.20% | 107,602 | $7.5M | Add +87.7% |
| SNDK Sandisk Corp. | 0.20% | 164,839 | $7.5M | Add +371.0% |
| CMI Cummins Inc. | 0.19% | 22,240 | $7.3M | New |
| AMD Advanced Micro Devices | 0.19% | 50,578 | $7.2M | Add +145.8% |
| LBRT Liberty Energy Inc. | 0.18% | 588,758 | $6.8M | Add +23.5% |
| IOSP Innospec Inc. | 0.18% | 79,781 | $6.7M | Add +3.3% |
| ODP The Odp Corp. filed as THE ODP CORP | 0.18% | 365,113 | $6.6M | Reduce -0.2% |
| CLB Core Laboratories Inc. | 0.17% | 569,471 | $6.6M | Add +24.6% |
| UFPI Ufp Industries Inc. | 0.17% | 65,000 | $6.5M | New |
| GLW Corning Inc. | 0.17% | 120,000 | $6.3M | Add +500.0% |
| PEBK Peoples Bancorp of NC | 0.17% | 217,763 | $6.3M | No change |
| WDC Western Digital Corp. | 0.16% | 95,000 | $6.1M | Add +111.1% |
| FRD Friedman Industries | 0.16% | 354,576 | $5.9M | Reduce -17.8% |
| FUNC First United Corp. | 0.15% | 178,352 | $5.5M | No change |
| FMBH First Mid Bancshares Inc. | 0.14% | 137,473 | $5.2M | No change |
| ALRS Alerus Financial Corp. | 0.13% | 233,700 | $5.1M | Reduce -40.0% |
| ASRV Ameriserv Financial Inc. | 0.13% | 1,635,677 | $5.0M | No change |
| FUSB First US Bancshares Inc. | 0.13% | 377,741 | $4.9M | Add +4.2% |
| MTRN Materion Corp. | 0.13% | 61,296 | $4.9M | New |
| NOV Nov Inc. | 0.13% | 387,891 | $4.8M | Add +49.7% |
| WTTR Select Water Solutions Inc. | 0.13% | 546,309 | $4.7M | Reduce -34.3% |
| BTU Peabody Energy Corp. | 0.12% | 346,043 | $4.6M | Reduce -74.3% |
| COFS Choiceone Financial SVCS Inc. | 0.11% | 148,548 | $4.3M | Reduce -35.9% |
| WGO Winnebago Industries | 0.11% | 145,531 | $4.2M | New |
| SND Smart Sand Inc. | 0.11% | 2,039,861 | $4.1M | Add +18.1% |
| TSEM Tower Semiconductor Ltd. | 0.11% | 93,099 | $4.0M | Add +27.4% |
| DTI Drilling Tools International | 0.11% | 1,414,027 | $4.0M | Add +20.9% |
| FCG First Trust Natural Gas ETF | 0.10% | 160,000 | $3.7M | Reduce -57.8% |
| RIG Transocean Ltd. | 0.10% | 1,400,000 | $3.6M | Reduce -69.1% |
| TILE Interface Inc. | 0.09% | 168,713 | $3.5M | No change |
| CZWI Citizens Community Bancorp I | 0.09% | 248,319 | $3.4M | Reduce -1.0% |
| NINEQ Nine Energy Service Inc. | 0.09% | 4,178,566 | $3.2M | Reduce -0.1% |
| KLXE KLX Energy Services Holding | 0.08% | 1,693,219 | $3.2M | Add +1.2% |
| SLND Southland Holdings Inc. | 0.08% | 741,563 | $3.1M | Add +6.7% |
| PSCE Invesco S&P Smallcap Energy | 0.08% | 74,869 | $2.9M | Reduce -5.1% |
| COHR Coherent Corp. | 0.07% | 31,350 | $2.8M | No change |
| SXC Suncoke Energy Inc. | 0.07% | 291,736 | $2.5M | Add +7.0% |
| FLEX Flex Ltd. | 0.07% | 50,000 | $2.5M | New |
| CAC Camden National Corp. | 0.07% | 61,269 | $2.5M | Reduce -49.4% |
| BW Babcock & Wilcox Enterpr | 0.07% | 2,574,848 | $2.5M | Add +49.3% |
| LUMN Lumen Technologies Inc. | 0.06% | 550,000 | $2.4M | No change |
| BVFL BV Financial Inc. filed as BV FINL INC | 0.06% | 141,262 | $2.2M | No change |
| SHBI Shore Bancshares Inc. | 0.06% | 136,840 | $2.2M | Reduce -51.7% |
| ORN Orion Group Holdings Inc. | 0.05% | 191,791 | $1.7M | Reduce -67.1% |
| FENC Fennec Pharmaceuticals Inc. | 0.03% | 139,706 | $1.2M | Reduce -28.4% |
| BRBS Blue Ridge Bankshares Inc. | 0.03% | 312,221 | $1.1M | Add +11.1% |
| SBFG SB Financial Group Inc. filed as SB FINL GROUP INC | 0.02% | 46,286 | $884K | No change |
| FRBA First Bank/Hamilton NJ | 0.02% | 48,939 | $757K | Reduce -15.2% |
| INVX Innovex International Inc. | 0.02% | 39,330 | $614K | New |
| TGEN Tecogen Inc./Waltham Ma | 0.01% | 41,700 | $284K | New |
| CIVB Civista Bancshares Inc. | 0.01% | 10,000 | $232K | No change |
| OCC Optical Cable Corp. | 0.01% | 67,952 | $197K | Add +51.0% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $48K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | 93,408 | $48K | No change |
Total filed on the 13F, all lines: $3.8B.
Portfolio Sells Q1 2025 → Q2 2025
| AVDL Avadel Pharmaceuticals Ltd. | Reduce -15.5% | 1.22% | −0.85 |
| HAL Halliburton Co. | Sold out | 0.00% | −0.69 |
| BTU Peabody Energy Corp. | Reduce -74.3% | 0.12% | −0.67 |
| RIG Transocean Ltd. | Reduce -69.1% | 0.10% | −0.52 |
| NBR Nabors Industries Ltd. | Reduce -16.9% | 0.22% | −0.42 |
| MHK Mohawk Industries Inc. | Reduce -22.0% | 0.32% | −0.41 |
| LXU LSB Industries Inc. | Reduce -28.1% | 0.40% | −0.37 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.33 |
| FCG First Trust Natural Gas ETF | Reduce -57.8% | 0.10% | −0.31 |
| KRE SS SPDR S&P Regional Bank | Sold out | 0.00% | −0.29 |
| IWN iShares Russell 2000 Value E | Sold out | 0.00% | −0.28 |
| TTI Tetra Technologies Inc. | Reduce -13.0% | 0.32% | −0.28 |
| WTTR Select Water Solutions Inc. | Reduce -34.3% | 0.13% | −0.25 |
| ATKR Atkore Inc. | Reduce -24.8% | 0.28% | −0.24 |
| C Citigroup Inc. | Sold out | 0.00% | −0.20 |
| HP Helmerich & Payne | Sold out | 0.00% | −0.19 |
| ALRS Alerus Financial Corp. | Reduce -40.0% | 0.13% | −0.18 |
| COFS Choiceone Financial SVCS Inc. | Reduce -35.9% | 0.11% | −0.17 |
| CAC Camden National Corp. | Reduce -49.4% | 0.07% | −0.15 |
| OIS Oil States International Inc. | Reduce -4.1% | 0.23% | −0.14 |
| SDRL Seadrill Limited | Sold out | 0.00% | −0.14 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.14 |
| IROQ If Bancorp Inc. | Reduce -0.1% | 0.21% | −0.13 |
| RBCAA Republic Bancorp Inc. Class A | Reduce -2.6% | 0.28% | −0.13 |
| FRD Friedman Industries | Reduce -17.8% | 0.16% | −0.12 |
| NINEQ Nine Energy Service Inc. | Reduce -0.1% | 0.09% | −0.12 |
| SHBI Shore Bancshares Inc. | Reduce -51.7% | 0.06% | −0.11 |
| ORN Orion Group Holdings Inc. | Reduce -67.1% | 0.05% | −0.09 |
| PSCE Invesco S&P Smallcap Energy | Reduce -5.1% | 0.08% | −0.07 |
| CZWI Citizens Community Bancorp I | Reduce -1.0% | 0.09% | −0.06 |
| ODP The Odp Corp. | Reduce -0.2% | 0.18% | −0.05 |
| CMT Core Molding Technologies Inc. | Sold out | 0.00% | −0.04 |
| QXO Qxo Inc. | Sold out | 0.00% | −0.04 |
| BORR Borr Drilling Ltd. | Sold out | 0.00% | −0.04 |
| FENC Fennec Pharmaceuticals Inc. | Reduce -28.4% | 0.03% | −0.02 |
| FRBA First Bank/Hamilton NJ | Reduce -15.2% | 0.02% | −0.02 |
| HBT HBT Financial Inc. | Sold out | 0.00% | −0.01 |
| HWBK Hawthorn Bancshares Inc. | Sold out | 0.00% | −0.01 |
| IESC Ies Holdings Inc. | Reduce -0.4% | 83.97% | +7.57 |
Portfolio Buys Q1 2025 → Q2 2025
| IWM iShares Russell 2000 ETF | New | 0.97% | +0.97 |
| OC Owens Corning | New | 0.54% | +0.54 |
| SKY Champion Homes Inc. | New | 0.28% | +0.28 |
| AAPL Apple Inc. | New | 0.27% | +0.27 |
| MU Micron Technology Inc. | Add +116.9% | 0.55% | +0.26 |
| CMI Cummins Inc. | New | 0.19% | +0.19 |
| UFPI Ufp Industries Inc. | New | 0.17% | +0.17 |
| MTRN Materion Corp. | New | 0.13% | +0.13 |
| GLW Corning Inc. | Add +500.0% | 0.17% | +0.13 |
| SNDK Sandisk Corp. | Add +371.0% | 0.20% | +0.13 |
| WGO Winnebago Industries | New | 0.11% | +0.11 |
| AMD Advanced Micro Devices | Add +145.8% | 0.19% | +0.10 |
| INDV Indivior Ltd. | Add +41.2% | 0.34% | +0.09 |
| WDC Western Digital Corp. | Add +111.1% | 0.16% | +0.08 |
| XBI SS SPDR S&P Biotech ETF | Add +137.6% | 0.20% | +0.07 |
| FLEX Flex Ltd. | New | 0.07% | +0.07 |
| INVX Innovex International Inc. | New | 0.02% | +0.02 |
| BW Babcock & Wilcox Enterpr | Add +49.3% | 0.07% | +0.02 |
| CNR Core Natural Resources Inc. | Add +87.7% | 0.20% | +0.01 |
| TGEN Tecogen Inc./Waltham Ma | New | 0.01% | +0.01 |
| OCC Optical Cable Corp. | Add +51.0% | 0.01% | −0.00 |
| OSG Octave Specialty Group Inc. | Add +99.0% | 0.23% | −0.00 |
| TSEM Tower Semiconductor Ltd. | Add +27.4% | 0.11% | −0.01 |
| SLND Southland Holdings Inc. | Add +6.7% | 0.08% | −0.01 |
| BRBS Blue Ridge Bankshares Inc. | Add +11.1% | 0.03% | −0.01 |
| DTI Drilling Tools International | Add +20.9% | 0.11% | −0.01 |
| SXC Suncoke Energy Inc. | Add +7.0% | 0.07% | −0.04 |
| NOV Nov Inc. | Add +49.7% | 0.13% | −0.04 |
| FUSB First US Bancshares Inc. | Add +4.2% | 0.13% | −0.08 |
| SND Smart Sand Inc. | Add +18.1% | 0.11% | −0.08 |
| MTRX Matrix Service Co. | Add +2.9% | 0.22% | −0.10 |
| CLB Core Laboratories Inc. | Add +24.6% | 0.17% | −0.12 |
| IOSP Innospec Inc. | Add +3.3% | 0.18% | −0.14 |
| LBRT Liberty Energy Inc. | Add +23.5% | 0.18% | −0.15 |
| KLXE KLX Energy Services Holding | Add +1.2% | 0.08% | −0.17 |
| OIH Vaneck Oil Services ETF | Add +34.8% | 0.83% | −0.31 |
| SLB SLB Ltd. | Add +13.7% | 0.40% | −0.31 |
| AMR Alpha Metallurgical Resource | Add +30.9% | 0.89% | −0.34 |
| BXC Bluelinx Holdings Inc. | Add +16.8% | 1.11% | −0.45 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 103 | $11.1B | IESC, SNDK, OC, MU, TPC |
| Q1 2026 | 101 | $7.3B | IESC, IWM, AMR, OC, TPC |
| Q4 2025 | 93 | $5.7B | IESC, OC, AVDL, AMR, WTM |
| Q3 2025 | 86 | $5.4B | IESC, AVDL, AMR, BXC, HUM |
| Q2 2025 | 76 | $3.8B | IESC, AVDL, BXC, IWM, AMR |
| Q1 2025 | 78 | $2.3B | IESC, AVDL, BXC, AMR, OIH |
| Q4 2024 | 87 | $3.2B | IESC, AMR, OIH, AVDL, IWM |
| Q3 2024 | 84 | $3.2B | IESC, AMR, AVDL, BTU, HAL |
| Q2 2024 | 99 | $2.9B | IESC, AMR, OIH, AVDL, SLB |
| Q1 2024 | 88 | $2.6B | IESC, IWM, AMR, OIH, AVDL |