Perkins Capital Management Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), Perkins Capital Management Inc. reported 81 stock positions worth $112.7 million. Its top holding was Natera (NTRA) at 7.1% of the portfolio, followed by Eli Lilly (LLY, 6.8%) and Microsoft (MSFT, 4.6%). Compared with Q3 2024, it opened 6 new positions, sold out of 9, added to 20 and reduced 45. The biggest buy was Inuvo (INUV, shares +4%) and the biggest sale Eli Lilly (LLY, shares −20%).
- Most Recent 13F
- Q2 2026
- Location
- WAYZATA, MN
- CIK
- 0000884300
- Portfolio Value
- $112.7M (Q4 2024)
- SEC Filing
- 0000884300-25-000001 ↗ filed Feb 11, 2025
Holdings Value
Holdings 81 stocks · $112.7M
| NTRA Natera Inc. | 7.12% | 50,675 | $8.0M | Reduce -6.8% |
| LLY Eli Lilly & Co. | 6.79% | 9,910 | $7.7M | Reduce -19.9% |
| MSFT Microsoft Corp. | 4.64% | 12,410 | $5.2M | Reduce -4.6% |
| INUV Inuvo Inc. | 4.06% | 7,083,452 | $4.6M | Add +3.7% |
| AXGN Axogen Inc. | 3.82% | 261,224 | $4.3M | Reduce -7.8% |
| IDXX Idexx Laboratories Inc. | 3.56% | 9,700 | $4.0M | No change |
| VCYT Veracyte Inc. | 3.17% | 90,200 | $3.6M | Reduce -4.0% |
| ELUT Elutia Inc. | 2.85% | 860,077 | $3.2M | Add +0.4% |
| LMAT Lemaitre Vascular Inc. | 2.67% | 32,636 | $3.0M | Reduce -3.4% |
| NEO Neogenomics Inc. | 2.62% | 178,950 | $2.9M | Reduce -1.0% |
| TELA Tela Bio Inc. | 2.43% | 907,865 | $2.7M | Add +303.1% |
| OOMA Ooma Inc. | 2.38% | 190,409 | $2.7M | Add +13.3% |
| ABT Abbott Laboratories | 2.24% | 22,330 | $2.5M | Reduce -2.2% |
| AMD Advanced Micro Devices | 2.23% | 20,804 | $2.5M | Reduce -2.8% |
| MDXH Mdxhealth | 2.07% | 983,475 | $2.3M | Add +31.6% |
| QUIK Quicklogic Corp. | 2.03% | 202,956 | $2.3M | Add +0.9% |
| MGNI Magnite Inc. | 2.03% | 143,825 | $2.3M | Reduce -3.5% |
| CTLP Cantaloupe Inc. | 1.99% | 236,350 | $2.2M | Reduce -3.4% |
| DGII Digi International Inc. | 1.60% | 59,558 | $1.8M | Reduce -5.9% |
| XGN Exagen Inc. | 1.54% | 423,721 | $1.7M | Reduce -7.7% |
| BLZE Backblaze Inc. Class A | 1.52% | 285,225 | $1.7M | Add +167.0% |
| ATEC Alphatec Holdings Inc. | 1.48% | 181,567 | $1.7M | Add +0.5% |
| BDSX Biodesix Inc. | 1.44% | 1,060,211 | $1.6M | Add +46.3% |
| VCEL Vericel Corp. | 1.35% | 27,650 | $1.5M | Reduce -5.5% |
| PSNL Personalis Inc. | 1.32% | 257,307 | $1.5M | No change |
| USIO Usio Inc. | 1.29% | 995,693 | $1.5M | Add +1.4% |
| SKYT Skywater Technology Inc. | 1.28% | 104,750 | $1.4M | No change |
| LFVN Lifevantage Corp. | 1.18% | 75,908 | $1.3M | No change |
| BKSY Blacksky Technology Inc. | 1.16% | 121,500 | $1.3M | Reduce -48.3% |
| CYRX Cryoport Inc. | 1.10% | 159,400 | $1.2M | Add +1286.1% |
| CIEN Ciena Corp. | 1.06% | 14,150 | $1.2M | Reduce -4.1% |
| AAPL Apple Inc. | 1.03% | 4,650 | $1.2M | No change |
| AIRG Airgain Inc. | 1.01% | 161,375 | $1.1M | Reduce -30.7% |
| ABBV Abbvie Inc. | 0.99% | 6,308 | $1.1M | Reduce -3.8% |
| GIS General Mills Inc. | 0.98% | 17,325 | $1.1M | Reduce -5.5% |
| PFE Pfizer Inc. | 0.98% | 41,584 | $1.1M | Add +3.7% |
| TCMD Tactile Systems Technology I | 0.95% | 62,450 | $1.1M | Reduce -9.5% |
| MRK Merck & Co. Inc. | 0.93% | 10,500 | $1.0M | Reduce -2.3% |
| GILD Gilead Sciences Inc. | 0.89% | 10,833 | $1.0M | Reduce -0.9% |
| ATRC Atricure Inc. | 0.82% | 30,350 | $927K | Add +1.3% |
| CSTL Castle Biosciences Inc. | 0.81% | 34,165 | $910K | Add +4.7% |
| CDXS Codexis Inc. | 0.80% | 188,350 | $898K | Add +14.8% |
| VFF Village Farms International | 0.74% | 1,088,500 | $839K | Add +0.5% |
| HAIN Hain Celestial Group Inc. | 0.74% | 135,213 | $832K | New |
| BMY Bristol-Myers Squibb Co. | 0.66% | 13,225 | $748K | Reduce -8.7% |
| T AT&T Inc. | 0.66% | 32,742 | $746K | Reduce -3.0% |
| VTRS Viatris Inc. | 0.66% | 59,878 | $745K | New |
| TGT Target Corp. | 0.65% | 5,400 | $730K | Reduce -1.8% |
| COP Conocophillips | 0.60% | 6,850 | $679K | Reduce -3.5% |
| APPS Digital Turbine Inc. | 0.58% | 387,600 | $655K | Add +79.3% |
| USB US Bancorp | 0.57% | 13,500 | $646K | Reduce -0.7% |
| FAST Fastenal Co. | 0.55% | 8,600 | $618K | No change |
| OPRX Optimizerx Corp. | 0.46% | 105,813 | $514K | Add +4.4% |
| NOTVQ Inotiv Inc. | 0.44% | 120,000 | $497K | New |
| DCI Donaldson Co. Inc. | 0.44% | 7,300 | $492K | No change |
| MYO Myomo Inc. | 0.43% | 75,000 | $483K | New |
| NXPI NXP Semiconductors NV | 0.42% | 2,300 | $478K | Reduce -6.1% |
| VZ Verizon Communications Inc. | 0.42% | 11,808 | $472K | Reduce -14.5% |
| PERI Perion Network Ltd. | 0.42% | 55,450 | $470K | Add +4.2% |
| ANIP Ani Pharmaceuticals Inc. | 0.41% | 8,441 | $467K | Reduce -8.2% |
| PLUS Eplus Inc. | 0.39% | 6,000 | $443K | Reduce -20.0% |
| BAX Baxter International Inc. | 0.33% | 11,550 | $367K | Reduce -33.7% |
| BLFS Biolife Solutions Inc. | 0.31% | 13,500 | $350K | No change |
| INTC Intel Corp. | 0.29% | 16,450 | $330K | Reduce -3.0% |
| APYX Apyx Medical Corp. | 0.29% | 207,500 | $328K | Reduce -4.6% |
| FPAYQ Flexshopper Inc. | 0.28% | 185,550 | $317K | Reduce -49.5% |
| PESI Perma-Fix Environmental SVCS | 0.25% | 25,000 | $277K | New |
| BP BP PLC-Spons ADR | 0.24% | 9,200 | $272K | Reduce -11.1% |
| CXDO Crexendo Inc. | 0.23% | 50,000 | $262K | New |
| ASUR Asure Software Inc. | 0.21% | 25,000 | $235K | No change |
| JNJ Johnson & Johnson | 0.21% | 1,600 | $231K | Reduce -13.5% |
| COST Costco Wholesale Corp. | 0.20% | 250 | $229K | Reduce -16.7% |
| SHOP Shopify Inc. Class A | 0.19% | 2,000 | $213K | Reduce -33.3% |
| RMTI Rockwell Medical Inc. | 0.13% | 73,967 | $151K | Reduce -78.9% |
| ARAY Accuray Inc. | 0.12% | 68,000 | $135K | Add +18.3% |
| DYAI Dyadic International Inc. | 0.07% | 47,850 | $84K | No change |
| IRIX Iridex Corp. | 0.07% | 45,300 | $76K | Reduce -2.6% |
| STRM Streamline Health Solutions | 0.04% | 13,276 | $50K | Reduce -99.3% |
| SENS Senseonics Holdings Inc. | 0.04% | 84,000 | $44K | Reduce -4.0% |
| SCPH Scpharmaceuticals Inc. | 0.04% | 12,200 | $43K | Reduce -24.7% |
| AKTSQ Akoustis Technologies Inc. | 0.00% | 161,790 | $744 | Reduce -86.2% |
Portfolio Sells Q3 2024 → Q4 2024
| LLY Eli Lilly & Co. | Reduce -19.9% | 6.79% | −3.50 |
| PFIE Profire Energy Inc. | Sold out | 0.00% | −1.41 |
| RMTI Rockwell Medical Inc. | Reduce -78.9% | 0.13% | −1.17 |
| AMD Advanced Micro Devices | Reduce -2.8% | 2.23% | −1.06 |
| AIRG Airgain Inc. | Reduce -30.7% | 1.01% | −0.64 |
| MSFT Microsoft Corp. | Reduce -4.6% | 4.64% | −0.61 |
| MRNA Moderna Inc. | Sold out | 0.00% | −0.40 |
| STRM Streamline Health Solutions | Reduce -99.3% | 0.04% | −0.37 |
| OPCH Option Care Health Inc. | Sold out | 0.00% | −0.32 |
| PLUS Eplus Inc. | Reduce -20.0% | 0.39% | −0.30 |
| BAX Baxter International Inc. | Reduce -33.7% | 0.33% | −0.30 |
| EGHT 8X8 Inc. | Sold out | 0.00% | −0.29 |
| GIS General Mills Inc. | Reduce -5.5% | 0.98% | −0.29 |
| LMAT Lemaitre Vascular Inc. | Reduce -3.4% | 2.67% | −0.28 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.23 |
| ABBV Abbvie Inc. | Reduce -3.8% | 0.99% | −0.22 |
| MRK Merck & Co. Inc. | Reduce -2.3% | 0.93% | −0.22 |
| ABT Abbott Laboratories | Reduce -2.2% | 2.24% | −0.20 |
| VZ Verizon Communications Inc. | Reduce -14.5% | 0.42% | −0.16 |
| ORN Orion Group Holdings Inc. | Sold out | 0.00% | −0.16 |
| TGT Target Corp. | Reduce -1.8% | 0.65% | −0.16 |
| NEUROONE MED TECHNOLOGIES CO | Sold out | 0.00% | −0.14 |
| NXPI NXP Semiconductors NV | Reduce -6.1% | 0.42% | −0.13 |
| DERM Journey Medical Corp. | Sold out | 0.00% | −0.12 |
| ANIP Ani Pharmaceuticals Inc. | Reduce -8.2% | 0.41% | −0.10 |
| COP Conocophillips | Reduce -3.5% | 0.60% | −0.10 |
| AKTSQ Akoustis Technologies Inc. | Reduce -86.2% | 0.00% | −0.10 |
| INTC Intel Corp. | Reduce -3.0% | 0.29% | −0.08 |
| JNJ Johnson & Johnson | Reduce -13.5% | 0.21% | −0.08 |
| FPAYQ Flexshopper Inc. | Reduce -49.5% | 0.28% | −0.07 |
| BP BP PLC-Spons ADR | Reduce -11.1% | 0.24% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -16.7% | 0.20% | −0.05 |
| BMY Bristol-Myers Squibb Co. | Reduce -8.7% | 0.66% | −0.04 |
| DGII Digi International Inc. | Reduce -5.9% | 1.60% | −0.04 |
| SHOP Shopify Inc. Class A | Reduce -33.3% | 0.19% | −0.04 |
| T AT&T Inc. | Reduce -3.0% | 0.66% | −0.03 |
| SCPH Scpharmaceuticals Inc. | Reduce -24.7% | 0.04% | −0.03 |
| EMKR Emcore Corp. | Sold out | 0.00% | −0.02 |
| USB US Bancorp | Reduce -0.7% | 0.57% | −0.01 |
| IRIX Iridex Corp. | Reduce -2.6% | 0.07% | −0.01 |
| TCMD Tactile Systems Technology I | Reduce -9.5% | 0.95% | +0.00 |
| SENS Senseonics Holdings Inc. | Reduce -4.0% | 0.04% | +0.01 |
| GILD Gilead Sciences Inc. | Reduce -0.9% | 0.89% | +0.03 |
| APYX Apyx Medical Corp. | Reduce -4.6% | 0.29% | +0.04 |
| AXGN Axogen Inc. | Reduce -7.8% | 3.82% | +0.09 |
| MGNI Magnite Inc. | Reduce -3.5% | 2.03% | +0.10 |
| NEO Neogenomics Inc. | Reduce -1.0% | 2.62% | +0.12 |
| BKSY Blacksky Technology Inc. | Reduce -48.3% | 1.16% | +0.12 |
| VCYT Veracyte Inc. | Reduce -4.0% | 3.17% | +0.17 |
| VCEL Vericel Corp. | Reduce -5.5% | 1.35% | +0.19 |
Portfolio Buys Q3 2024 → Q4 2024
| INUV Inuvo Inc. | Add +3.7% | 4.06% | +2.48 |
| TELA Tela Bio Inc. | Add +303.1% | 2.43% | +1.90 |
| CYRX Cryoport Inc. | Add +1286.1% | 1.10% | +1.01 |
| BLZE Backblaze Inc. Class A | Add +167.0% | 1.52% | +0.88 |
| HAIN Hain Celestial Group Inc. | New | 0.74% | +0.74 |
| VTRS Viatris Inc. | New | 0.66% | +0.66 |
| MDXH Mdxhealth | Add +31.6% | 2.07% | +0.61 |
| QUIK Quicklogic Corp. | Add +0.9% | 2.03% | +0.59 |
| OOMA Ooma Inc. | Add +13.3% | 2.38% | +0.58 |
| ATEC Alphatec Holdings Inc. | Add +0.5% | 1.48% | +0.54 |
| NOTVQ Inotiv Inc. | New | 0.44% | +0.44 |
| MYO Myomo Inc. | New | 0.43% | +0.43 |
| CDXS Codexis Inc. | Add +14.8% | 0.80% | +0.32 |
| PESI Perma-Fix Environmental SVCS | New | 0.25% | +0.25 |
| CXDO Crexendo Inc. | New | 0.23% | +0.23 |
| BDSX Biodesix Inc. | Add +46.3% | 1.44% | +0.23 |
| USIO Usio Inc. | Add +1.4% | 1.29% | +0.04 |
| ATRC Atricure Inc. | Add +1.3% | 0.82% | +0.04 |
| PERI Perion Network Ltd. | Add +4.2% | 0.42% | +0.02 |
| ARAY Accuray Inc. | Add +18.3% | 0.12% | +0.02 |
| APPS Digital Turbine Inc. | Add +79.3% | 0.58% | −0.04 |
| CSTL Castle Biosciences Inc. | Add +4.7% | 0.81% | −0.07 |
| PFE Pfizer Inc. | Add +3.7% | 0.98% | −0.11 |
| VFF Village Farms International | Add +0.5% | 0.74% | −0.20 |
| ELUT Elutia Inc. | Add +0.4% | 2.85% | −0.21 |
| OPRX Optimizerx Corp. | Add +4.4% | 0.46% | −0.28 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 79 | $133.0M | NTRA, LLY, AMD, BFLY, AXGN |
| Q1 2026 | 86 | $106.7M | NTRA, LLY, AXGN, IDXX, MSFT |
| Q4 2025 | 91 | $125.9M | NTRA, LLY, AXGN, IDXX, MSFT |
| Q3 2025 | 83 | $113.5M | NTRA, LLY, MDXH, MSFT, IDXX |
| Q2 2025 | 83 | $99.5M | NTRA, LLY, MSFT, IDXX, MGNI |
| Q1 2025 | 82 | $94.8M | LLY, NTRA, AXGN, MSFT, IDXX |
| Q4 2024 | 81 | $112.7M | NTRA, LLY, MSFT, INUV, AXGN |
| Q3 2024 | 84 | $106.6M | LLY, NTRA, MSFT, IDXX, AXGN |
| Q2 2024 | 88 | $106.1M | LLY, MSFT, NTRA, IDXX, ELUT |
| Q1 2024 | 90 | $119.9M | LLY, MSFT, AUGX, IDXX, NTRA |