Gendell Jeffrey L

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Gendell Jeffrey L reported 101 stock positions worth $7.3 billion. Its top holding was Ies (IESC) at 67.1% of the portfolio, followed by iShares Russell 2000 ETF (IWM, 3.2%) and Alpha Metallurgical Resource (AMR, 1.5%). Compared with Q4 2025, it opened 11 new positions, sold out of 3, added to 34 and reduced 20. The biggest buy was a new position in iShares Russell 2000 ETF (IWM) and the biggest sale Ies (IESC, shares −0%).

Most Recent 13F
Q2 2026
Location
Greenwich, CT
CIK
0001056581
Portfolio Value
$7.3B (Q1 2026)
SEC Filing
0001214659-26-006484 ↗ filed May 15, 2026

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $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 $7.3B Q1 2026 Q2 2026: $11.1B Q2 2026

Holdings 101 stocks · $7.3B
IESC Ies Holdings Inc. 67.11% 10,340,248 $4.9B Reduce -0.1%
IWM iShares Russell 2000 ETF 3.22% 954,068 $236.6M New
AMR Alpha Metallurgical Resource 1.52% 544,148 $111.7M Add +10.1%
OC Owens Corning 1.39% 940,522 $101.8M Add +2.0%
TPC Tutor Perini Corp. 1.31% 1,250,727 $96.5M Add +40.5%
SNDK Sandisk Corp. 1.30% 150,000 $95.3M Reduce -9.3%
WTM White Mountains Insurance GP 1.13% 37,814 $83.1M Add +16.3%
RIG Transocean Ltd. 1.06% 11,700,000 $77.6M Add +8.4%
BW Babcock & Wilcox Enterpr 1.03% 5,126,068 $75.3M Add +1.6%
GNW Genworth Financial Inc. 0.85% 7,698,913 $62.5M Add +18.7%
OIH Vaneck Oil Services ETF 0.83% 150,000 $60.6M Add +2.4%
GLW Corning Inc. 0.74% 400,900 $54.5M Add +33.2%
WDC Western Digital Corp. 0.74% 200,009 $54.1M Reduce -4.8%
MU Micron Technology Inc. 0.64% 140,000 $47.3M Reduce -2.4%
SLB SLB Ltd. filed as SLB LIMITED 0.63% 900,000 $46.3M Add +3.5%
APH Amphenol Corp. Class A 0.62% 360,500 $45.5M New
MHK Mohawk Industries Inc. 0.57% 425,347 $41.9M Reduce -4.6%
AMD Advanced Micro Devices 0.55% 200,000 $40.7M Add +90.5%
BXC Bluelinx Holdings Inc. 0.55% 739,523 $40.1M Add +2.9%
AVTR Avantor Inc. 0.53% 4,917,270 $38.6M Add +802.3%
HAL Halliburton Co. 0.52% 977,489 $38.1M Add +6.1%
UFPI Ufp Industries Inc. 0.47% 375,698 $34.6M Add +10.3%
XBI SS SPDR S&P Biotech ETF 0.46% 262,278 $33.5M No change
INDV Indivior Pharmaceuticals Inc. 0.46% 1,096,343 $33.4M No change
LUMN Lumen Technologies Inc. 0.45% 4,761,216 $33.1M No change
NBR Nabors Industries Ltd. 0.40% 342,799 $29.5M No change
ON On Semiconductor 0.40% 470,000 $29.1M New
FCG First Trust Natural Gas ETF 0.39% 900,000 $28.5M Reduce -4.7%
BAX Baxter International Inc. 0.36% 1,564,543 $26.3M Add +250.7%
FLEX Flex Ltd. filed as FLEXTRONICS INTL LTD 0.36% 400,000 $26.2M Reduce -40.9%
FMC FMC Corp. 0.33% 1,395,000 $24.0M Add +55.0%
TTI Tetra Technologies Inc. 0.32% 2,776,088 $23.7M Reduce -3.8%
SKY Champion Homes Inc. 0.32% 317,097 $23.6M No change
ATKR Atkore Inc. 0.32% 400,214 $23.6M Add +3.4%
FTI Technipfmc PLC 0.30% 320,000 $22.1M No change
BA The Boeing Co. 0.30% 110,000 $21.9M Add +34.5%
LBRT Liberty Energy Inc. 0.29% 750,000 $21.6M Reduce -2.8%
IOSP Innospec Inc. 0.29% 294,504 $21.5M Add +3.2%
EQT Eqt Corp. 0.28% 320,000 $20.4M Reduce -9.1%
AGO Assured Guaranty Ltd. 0.27% 245,422 $20.0M New
GT Goodyear Tire & Rubber Co. 0.27% 2,960,011 $19.6M Add +260.7%
AAPL Apple Inc. 0.24% 70,000 $17.8M Add +100.0%
NOV Nov Inc. 0.24% 240,330 $17.4M Reduce -29.3%
AA Alcoa Corp. 0.23% 253,088 $16.8M Add +657.9%
BTU Peabody Energy Corp. 0.23% 506,614 $16.7M No change
BHC Bausch Health Cos Inc. 0.22% 2,969,840 $16.0M Add +128.8%
SND Smart Sand Inc. 0.22% 3,126,915 $16.0M No change
CNR Core Natural Resources Inc. 0.21% 150,000 $15.7M Reduce -17.0%
MTRX Matrix Service Co. 0.19% 1,231,307 $14.1M Add +16.4%
SXC Suncoke Energy Inc. 0.18% 2,077,114 $13.5M Add +41.1%
TSEM Tower Semiconductor Ltd. 0.18% 75,000 $13.2M No change
GEV GE Vernova Inc. 0.18% 15,000 $13.1M New
ORN Orion Group Holdings Inc. 0.16% 1,104,300 $12.0M No change
CMI Cummins Inc. 0.16% 22,240 $12.0M No change
VISN Vistance Networks Inc. 0.16% 655,000 $11.9M New
PATK Patrick Industries Inc. 0.16% 105,088 $11.7M No change
WTTR Select Water Solutions Inc. 0.15% 715,269 $10.9M Add +30.9%
CLB Core Laboratories Inc. 0.15% 648,460 $10.9M No change
PSEC Prospect Capital Corp. 0.14% 4,009,902 $10.5M Add +7.5%
DTI Drilling Tools International 0.14% 2,409,059 $10.4M Reduce -1.3%
MTRN Materion Corp. 0.14% 71,296 $10.3M No change
RBCAA Republic Bancorp Inc. Class A 0.14% 142,916 $10.1M No change
ALKS Alkermes PLC 0.13% 263,604 $9.3M New
INVX Innovex International Inc. 0.12% 356,460 $8.7M Reduce -9.1%
PEBK Peoples Bancorp of NC 0.12% 217,763 $8.5M No change
SCL Stepan Co. 0.11% 165,520 $8.3M Add +1721.9%
COHR Coherent Corp. 0.09% 27,627 $6.6M No change
OSG Octave Specialty Group Inc. 0.09% 1,413,212 $6.6M Reduce -10.0%
FUNC First United Corp. 0.09% 178,352 $6.5M No change
NINE Nine Energy Service Inc. 0.09% 784,501 $6.4M New
FRD Friedman Industries 0.09% 354,576 $6.3M No change
FUSB First US Bancshares Inc. 0.08% 397,454 $6.1M No change
ASRV Ameriserv Financial Inc. 0.08% 1,635,677 $5.9M No change
FMBH First Mid Bancshares Inc. 0.08% 137,473 $5.7M No change
ENS Enersys 0.08% 32,186 $5.6M New
ALRS Alerus Financial Corp. 0.08% 233,700 $5.5M No change
BOOM DMC Global Inc. 0.07% 1,002,790 $5.2M Add +11.1%
WGO Winnebago Industries 0.07% 163,684 $5.1M Reduce -4.0%
CZWI Citizens Community Bancorp I 0.07% 248,319 $4.9M No change
INSG Inseego Corp. 0.07% 429,301 $4.8M No change
KLXE KLX Energy Services Holding 0.06% 1,771,108 $4.6M Add +1.0%
COFS Choiceone Financial SVCS Inc. 0.06% 148,548 $4.2M No change
PSCE Invesco S&P Smallcap Energy 0.06% 68,469 $4.2M No change
HUM Humana Inc. 0.06% 24,057 $4.2M Reduce -33.2%
GSM Ferroglobe PLC 0.05% 912,323 $3.8M Add +831.0%
MPB Mid Penn Bancorp Inc. 0.05% 108,271 $3.5M New
OIS Oil States International Inc. filed as OIL STS INTL INC 0.05% 298,317 $3.5M Reduce -80.9%
OCC Optical Cable Corp. 0.05% 417,440 $3.4M Add +0.5%
UTI Universal Technical Institut 0.04% 91,585 $3.3M No change
ALKERMES PLC 0.04% 87,869 $3.1M New
SLND Southland Holdings Inc. 0.04% 2,280,257 $3.0M Add +20.0%
CAC Camden National Corp. 0.04% 61,269 $2.9M No change
BVFL BV Financial Inc. filed as BV FINL INC 0.04% 141,262 $2.7M No change
SHBI Shore Bancshares Inc. 0.03% 136,840 $2.6M No change
SBFG SB Financial Group Inc. filed as SB FINL GROUP INC 0.01% 46,286 $972K No change
BRBS Blue Ridge Bankshares Inc. 0.01% 214,608 $901K No change
FRBA First Bank/Hamilton NJ 0.01% 48,939 $783K No change
TGEN Tecogen Inc./Waltham Ma 0.01% 245,541 $629K Reduce -16.9%
TILE Interface Inc. 0.01% 25,000 $623K No change
FENC Fennec Pharmaceuticals Inc. 0.01% 83,024 $511K Reduce -40.5%
CIVB Civista Bancshares Inc. 0.00% 10,000 $228K No change

Portfolio Sells Q4 2025 → Q1 2026
IESC Ies Holdings Inc. Reduce -0.1% 67.11% −3.13
AVDL Avadel Pharmaceuticals Ltd. Sold out 0.00% −1.79
FLEX Flex Ltd. Reduce -40.9% 0.36% −0.36
LXU LSB Industries Inc. Sold out 0.00% −0.32
MHK Mohawk Industries Inc. Reduce -4.6% 0.57% −0.28
IROQ If Bancorp Inc. Sold out 0.00% −0.15
TTI Tetra Technologies Inc. Reduce -3.8% 0.32% −0.15
OIS Oil States International Inc. Reduce -80.9% 0.05% −0.14
OSG Octave Specialty Group Inc. Reduce -10.0% 0.09% −0.12
HUM Humana Inc. Reduce -33.2% 0.06% −0.10
MU Micron Technology Inc. Reduce -2.4% 0.64% −0.07
CNR Core Natural Resources Inc. Reduce -17.0% 0.21% −0.07
EQT Eqt Corp. Reduce -9.1% 0.28% −0.05
WGO Winnebago Industries Reduce -4.0% 0.07% −0.05
INVX Innovex International Inc. Reduce -9.1% 0.12% −0.03
TGEN Tecogen Inc./Waltham Ma Reduce -16.9% 0.01% −0.02
FENC Fennec Pharmaceuticals Inc. Reduce -40.5% 0.01% −0.01
FCG First Trust Natural Gas ETF Reduce -4.7% 0.39% +0.00
DTI Drilling Tools International Reduce -1.3% 0.14% +0.04
LBRT Liberty Energy Inc. Reduce -2.8% 0.29% +0.05
WDC Western Digital Corp. Reduce -4.8% 0.74% +0.11
NOV Nov Inc. Reduce -29.3% 0.24% +0.14
SNDK Sandisk Corp. Reduce -9.3% 1.30% +0.61

Portfolio Buys Q4 2025 → Q1 2026
IWM iShares Russell 2000 ETF New 3.22% +3.22
APH Amphenol Corp. Class A New 0.62% +0.62
BW Babcock & Wilcox Enterpr Add +1.6% 1.03% +0.47
AVTR Avantor Inc. Add +802.3% 0.53% +0.42
ON On Semiconductor New 0.40% +0.40
GLW Corning Inc. Add +33.2% 0.74% +0.28
RIG Transocean Ltd. Add +8.4% 1.06% +0.28
TPC Tutor Perini Corp. Add +40.5% 1.31% +0.27
AGO Assured Guaranty Ltd. New 0.27% +0.27
BAX Baxter International Inc. Add +250.7% 0.36% +0.21
AA Alcoa Corp. Add +657.9% 0.23% +0.20
GEV GE Vernova Inc. New 0.18% +0.18
VISN Vistance Networks Inc. New 0.16% +0.16
AMD Advanced Micro Devices Add +90.5% 0.55% +0.16
GT Goodyear Tire & Rubber Co. Add +260.7% 0.27% +0.14
ALKS Alkermes PLC New 0.13% +0.13
FMC FMC Corp. Add +55.0% 0.33% +0.11
SCL Stepan Co. Add +1721.9% 0.11% +0.11
OIH Vaneck Oil Services ETF Add +2.4% 0.83% +0.10
NINE Nine Energy Service Inc. New 0.09% +0.09
ENS Enersys New 0.08% +0.08
AAPL Apple Inc. Add +100.0% 0.24% +0.08
HAL Halliburton Co. Add +6.1% 0.52% +0.07
BHC Bausch Health Cos Inc. Add +128.8% 0.22% +0.06
WTTR Select Water Solutions Inc. Add +30.9% 0.15% +0.05
MPB Mid Penn Bancorp Inc. New 0.05% +0.05
SLB SLB Ltd. Add +3.5% 0.63% +0.05
GSM Ferroglobe PLC Add +831.0% 0.05% +0.04
ALKERMES PLC New 0.04% +0.04
OCC Optical Cable Corp. Add +0.5% 0.05% +0.01
KLXE KLX Energy Services Holding Add +1.0% 0.06% +0.00
SXC Suncoke Energy Inc. Add +41.1% 0.18% −0.00
BA The Boeing Co. Add +34.5% 0.30% −0.01
MTRX Matrix Service Co. Add +16.4% 0.19% −0.02
PSEC Prospect Capital Corp. Add +7.5% 0.14% −0.03
BOOM DMC Global Inc. Add +11.1% 0.07% −0.03
WTM White Mountains Insurance GP Add +16.3% 1.13% −0.05
SLND Southland Holdings Inc. Add +20.0% 0.04% −0.07
UFPI Ufp Industries Inc. Add +10.3% 0.47% −0.07
IOSP Innospec Inc. Add +3.2% 0.29% −0.09
ATKR Atkore Inc. Add +3.4% 0.32% −0.11
GNW Genworth Financial Inc. Add +18.7% 0.85% −0.17
AMR Alpha Metallurgical Resource Add +10.1% 1.52% −0.20
BXC Bluelinx Holdings Inc. Add +2.9% 0.55% −0.22
OC Owens Corning Add +2.0% 1.39% −0.41

Options Activity Q4 2025 → Q1 2026
AVDL Avadel Pharmaceuticals Ltd. call Sold out 1,131,500 $24.4Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

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