Perkins Capital Management Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 24, 2026), Perkins Capital Management Inc. reported 79 stock positions worth $133.0 million. Its top holding was Natera (NTRA) at 8.3% of the portfolio, followed by Eli Lilly (LLY, 7.8%) and Advanced Micro Devices (AMD, 6.1%). Compared with Q1 2026, it opened 4 new positions, sold out of 11, added to 8 and reduced 47. The biggest buy was a new position in Creative Realities (CREX) and the biggest sale Mdxhealth (MDXH, shares −4%).

Most Recent 13F
Q2 2026
Location
WAYZATA, MN
CIK
0000884300
Portfolio Value
$133.0M (Q2 2026)
SEC Filing
0000884300-26-000003 ↗ filed Jul 24, 2026

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $119.9M Q1 2024 Q2 2024: $106.1M Q2 2024 Q3 2024: $106.6M Q3 2024 Q4 2024: $112.7M Q4 2024 Q1 2025: $94.8M Q1 2025 Q2 2025: $99.5M Q2 2025 Q3 2025: $113.5M Q3 2025 Q4 2025: $125.9M Q4 2025 Q1 2026: $106.7M Q1 2026 Q2 2026: $133.0M $133.0M Q2 2026

Holdings 79 stocks · $133.0M

NTRA Natera Inc. 8.29% 40,605 $11.0M Reduce -8.3%
LLY Eli Lilly & Co. 7.83% 8,680 $10.4M Reduce -1.7%
AMD Advanced Micro Devices 6.07% 13,904 $8.1M Reduce -10.3%
BFLY Butterfly Network Inc. 5.49% 867,580 $7.3M Reduce -6.8%
AXGN Axogen Inc. 5.13% 147,842 $6.8M Reduce -12.4%
INUV Inuvo Inc. 4.88% 515,011 $6.5M Reduce -11.6%
QUIK Quicklogic Corp. 3.87% 257,621 $5.1M Reduce -16.0%
IDXX Idexx Laboratories Inc. 3.84% 9,700 $5.1M No change
BLZE Backblaze Inc. Class A 3.68% 308,725 $4.9M Reduce -8.9%
MSFT Microsoft Corp. 3.13% 11,173 $4.2M Reduce -2.1%
VCYT Veracyte Inc. 2.65% 59,958 $3.5M Reduce -20.4%
OOMA Ooma Inc. 2.56% 176,970 $3.4M Reduce -2.4%
PSNL Personalis Inc. 2.41% 239,000 $3.2M No change
CYRX Cryoport Inc. 2.36% 199,897 $3.1M Reduce -1.6%
CIEN Ciena Corp. 2.32% 6,300 $3.1M No change
LMAT Lemaitre Vascular Inc. 1.83% 25,345 $2.4M Reduce -1.9%
MGNI Magnite Inc. 1.41% 98,625 $1.9M Reduce -17.3%
ABT Abbott Laboratories 1.38% 20,257 $1.8M Reduce -1.9%
USIO Usio Inc. 1.31% 700,371 $1.7M Reduce -0.2%
ONDS Ondas Inc. 1.25% 201,483 $1.7M Reduce -0.3%
NEO Neogenomics Inc. 1.21% 110,040 $1.6M Reduce -16.9%
PERI Perion Network Ltd. 1.21% 165,215 $1.6M Add +5.3%
NEOG Neogen Corp. 1.20% 177,500 $1.6M Reduce -0.3%
CXDO Crexendo Inc. 1.20% 212,825 $1.6M Add +9.2%
ATEC Alphatec Holdings Inc. 1.14% 175,197 $1.5M Add +1.9%
ABBV Abbvie Inc. 1.00% 5,307 $1.3M Reduce -0.7%
CREX Creative Realities Inc. 0.93% 300,050 $1.2M New
LUCD Lucid Diagnostics Inc. 0.91% 1,125,000 $1.2M Reduce -0.1%
CDXS Codexis Inc. 0.89% 526,100 $1.2M Reduce -0.3%
ZETA Zeta Global Holdings Corp. Class A 0.83% 55,900 $1.1M No change
TLSI Trisalus Life Sciences Inc. 0.80% 235,101 $1.1M Add +2.2%
TELA Tela Bio Inc. 0.78% 1,375,042 $1.0M Reduce -3.0%
BDSX Biodesix Inc. 0.76% 44,618 $1.0M Reduce -0.4%
SPAI Safe Pro Group Inc. 0.75% 230,500 $998K Reduce -0.3%
MRK Merck & Co. Inc. 0.72% 7,500 $964K Reduce -3.2%
GILD Gilead Sciences Inc. 0.69% 7,216 $912K No change
VTRS Viatris Inc. 0.64% 53,837 $855K Reduce -1.9%
PFE Pfizer Inc. 0.61% 33,759 $813K Reduce -6.0%
BKSY Blacksky Technology Inc. 0.60% 28,750 $803K No change
AAPL Apple Inc. 0.58% 2,650 $767K No change
PROF Profound Medical Corp. 0.57% 114,280 $760K No change
USB US Bancorp 0.56% 12,350 $746K Reduce -1.6%
NMTC Neuroone Medical Technologie 0.56% 244,656 $744K Reduce -0.3%
VIDA Vida Global Inc. Class-A 0.53% 250,000 $700K New
TGT Target Corp. 0.47% 4,750 $620K Reduce -3.1%
OWLT Owlet Inc. 0.46% 106,495 $611K Add +0.4%
ELWT Elauwit Connection Inc. 0.45% 55,500 $598K No change
MDXH Mdxhealth 0.44% 1,411,891 $580K Reduce -4.4%
STX Seagate Technology Holdings 0.38% 525 $507K Reduce -4.5%
ATRC Atricure Inc. 0.37% 17,500 $490K Reduce -33.0%
COP Conocophillips 0.36% 4,650 $483K Reduce -4.1%
NXPI NXP Semiconductors NV 0.36% 1,700 $478K Reduce -5.6%
LFVN Lifevantage Corp. 0.35% 75,458 $471K No change
CELC Celcuity Inc. 0.35% 4,500 $471K Reduce -16.7%
GIS General Mills Inc. 0.33% 8,375 $434K Reduce -5.6%
SKYT Skywater Technology Inc. 0.31% 11,900 $414K Reduce -54.9%
BMY Bristol-Myers Squibb Co. 0.31% 7,180 $414K Reduce -3.4%
DCI Donaldson Co. Inc. 0.31% 4,600 $413K No change
QTI QT Imaging Holdings Inc. 0.31% 100,000 $407K New
VZ Verizon Communications Inc. 0.29% 9,108 $386K No change
CSTL Castle Biosciences Inc. 0.29% 16,140 $385K Add +4.7%
ELUT Elutia Inc. 0.29% 694,094 $380K Reduce -8.3%
FAST Fastenal Co. 0.26% 7,250 $348K No change
T AT&T Inc. 0.25% 15,992 $331K No change
BP BP PLC-Spons ADR 0.24% 8,650 $320K Reduce -6.0%
JNJ Johnson & Johnson 0.23% 1,200 $305K No change
BLNE Beeline Holdings Inc. 0.22% 238,000 $290K Reduce -2.9%
MRNA Moderna Inc. 0.21% 4,000 $280K No change
XGN Exagen Inc. 0.20% 56,796 $264K Reduce -20.9%
APYX Apyx Medical Corp. 0.14% 42,000 $189K No change
AIRG Airgain Inc. 0.10% 22,000 $139K No change
PBYI Puma Biotechnology Inc. 0.08% 13,400 $109K Add +7.2%
OPRX Optimizerx Corp. 0.06% 14,808 $85K Reduce -6.9%
IRIX Iridex Corp. 0.06% 70,800 $81K Add +28.0%
CATX Perspective Therapeutics Inc. 0.05% 18,200 $62K New
SOPH Sophia Genetics SA 0.05% 10,500 $61K No change
LUNG Pulmonx Corp. 0.04% 39,500 $51K Reduce -3.7%
DYAI Dyadic International Inc. 0.03% 48,050 $43K No change
ARAY Accuray Inc. 0.00% 20,000 $5K Reduce -61.9%

Portfolio Sells Q1 2026 → Q2 2026

MDXH Mdxhealth Reduce -4.4% 0.44% −2.75
INGN Inogen Inc. Sold out 0.00% −1.16
MSFT Microsoft Corp. Reduce -2.1% 3.13% −0.83
LMAT Lemaitre Vascular Inc. Reduce -1.9% 1.83% −0.81
CPSH CPS Technologies Corp. Sold out 0.00% −0.70
ABT Abbott Laboratories Reduce -1.9% 1.38% −0.61
ANIP Ani Pharmaceuticals Inc. Sold out 0.00% −0.57
NMTC Neuroone Medical Technologie Reduce -0.3% 0.56% −0.51
ONDS Ondas Inc. Reduce -0.3% 1.25% −0.46
ELUT Elutia Inc. Reduce -8.3% 0.29% −0.46
SKYT Skywater Technology Inc. Reduce -54.9% 0.31% −0.37
PLUS Eplus Inc. Sold out 0.00% −0.35
NEOG Neogen Corp. Reduce -0.3% 1.20% −0.35
PFE Pfizer Inc. Reduce -6.0% 0.61% −0.33
DGII Digi International Inc. Sold out 0.00% −0.33
ATRC Atricure Inc. Reduce -33.0% 0.37% −0.33
BLNE Beeline Holdings Inc. Reduce -2.9% 0.22% −0.32
VCEL Vericel Corp. Sold out 0.00% −0.32
LUCD Lucid Diagnostics Inc. Reduce -0.1% 0.91% −0.31
VERI Veritone Inc. Sold out 0.00% −0.29
COP Conocophillips Reduce -4.1% 0.36% −0.24
CELC Celcuity Inc. Reduce -16.7% 0.35% −0.22
BLFS Biolife Solutions Inc. Sold out 0.00% −0.22
XOM Exxon Mobil Corp. Sold out 0.00% −0.19
ASUR Asure Software Inc. Sold out 0.00% −0.19
BP BP PLC-Spons ADR Reduce -6.0% 0.24% −0.16
MRK Merck & Co. Inc. Reduce -3.2% 0.72% −0.15
BMY Bristol-Myers Squibb Co. Reduce -3.4% 0.31% −0.11
AXGN Axogen Inc. Reduce -12.4% 5.13% −0.11
TGT Target Corp. Reduce -3.1% 0.47% −0.09
ABBV Abbvie Inc. Reduce -0.7% 1.00% −0.08
SPAI Safe Pro Group Inc. Reduce -0.3% 0.75% −0.08
RMTI Rockwell Medical Inc. Sold out 0.00% −0.06
VTRS Viatris Inc. Reduce -1.9% 0.64% −0.05
USB US Bancorp Reduce -1.6% 0.56% −0.05
TELA Tela Bio Inc. Reduce -3.0% 0.78% −0.05
OPRX Optimizerx Corp. Reduce -6.9% 0.06% −0.03
NTRA Natera Inc. Reduce -8.3% 8.29% −0.02
ARAY Accuray Inc. Reduce -61.9% 0.00% −0.02
LUNG Pulmonx Corp. Reduce -3.7% 0.04% −0.01
XGN Exagen Inc. Reduce -20.9% 0.20% −0.00
GIS General Mills Inc. Reduce -5.6% 0.33% +0.02
NXPI NXP Semiconductors NV Reduce -5.6% 0.36% +0.03
MGNI Magnite Inc. Reduce -17.3% 1.41% +0.08
OOMA Ooma Inc. Reduce -2.4% 2.56% +0.09
CDXS Codexis Inc. Reduce -0.3% 0.89% +0.09
BDSX Biodesix Inc. Reduce -0.4% 0.76% +0.15
STX Seagate Technology Holdings Reduce -4.5% 0.38% +0.18
LLY Eli Lilly & Co. Reduce -1.7% 7.83% +0.22
NEO Neogenomics Inc. Reduce -16.9% 1.21% +0.29

Portfolio Buys Q1 2026 → Q2 2026

CREX Creative Realities Inc. New 0.93% +0.93
VIDA Vida Global Inc. Class-A New 0.53% +0.53
QTI QT Imaging Holdings Inc. New 0.31% +0.31
CXDO Crexendo Inc. Add +9.2% 1.20% +0.07
CATX Perspective Therapeutics Inc. New 0.05% +0.05
IRIX Iridex Corp. Add +28.0% 0.06% +0.01
PBYI Puma Biotechnology Inc. Add +7.2% 0.08% +0.01
OWLT Owlet Inc. Add +0.4% 0.46% −0.05
TLSI Trisalus Life Sciences Inc. Add +2.2% 0.80% −0.06
CSTL Castle Biosciences Inc. Add +4.7% 0.29% −0.07
PERI Perion Network Ltd. Add +5.3% 1.21% −0.26
ATEC Alphatec Holdings Inc. Add +1.9% 1.14% −0.61

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 79$133.0MNTRA, LLY, AMD, BFLY, AXGN
Q1 2026 86$106.7MNTRA, LLY, AXGN, IDXX, MSFT
Q4 2025 91$125.9MNTRA, LLY, AXGN, IDXX, MSFT
Q3 2025 83$113.5MNTRA, LLY, MDXH, MSFT, IDXX
Q2 2025 83$99.5MNTRA, LLY, MSFT, IDXX, MGNI
Q1 2025 82$94.8MLLY, NTRA, AXGN, MSFT, IDXX
Q4 2024 81$112.7MNTRA, LLY, MSFT, INUV, AXGN
Q3 2024 84$106.6MLLY, NTRA, MSFT, IDXX, AXGN
Q2 2024 88$106.1MLLY, MSFT, NTRA, IDXX, ELUT
Q1 2024 90$119.9MLLY, MSFT, AUGX, IDXX, NTRA