Private Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Private Capital Management, LLC reported 130 stock positions worth $894.0 million. Its top holding was Quinstreet (QNST) at 8.1% of the portfolio, followed by Lantheus (LNTH, 5.7%) and Harrow (HROW, 5.6%). Compared with Q4 2024, it opened 16 new positions, sold out of 11, added to 60 and reduced 35. The biggest buy was International Workplace Grou (IWGFF, shares +891%) and the biggest sale Jefferies Financial (JEF, shares −23%).
- Most Recent 13F
- Q2 2026
- Location
- NAPLES, FL
- CIK
- 0001588456
- Portfolio Value
- $894.0M (Q1 2025)
- SEC Filing
- 0001214659-25-007857 ↗ filed May 15, 2025
Holdings Value
Holdings 130 stocks · $894.0M
| QNST Quinstreet Inc. | 8.13% | 4,083,846 | $72.7M | Add +0.5% |
| LNTH Lantheus Holdings Inc. | 5.71% | 524,450 | $51.1M | Add +4.8% |
| HROW Harrow Inc. | 5.61% | 1,890,627 | $50.2M | Add +11.5% |
| BBSI Barrett Business SVCS Inc. | 5.26% | 1,145,929 | $47.0M | Reduce -0.7% |
| AIOT Powerfleet Inc. | 4.13% | 6,745,713 | $36.9M | Reduce -1.3% |
| BGC BGC Group Inc. Class A | 4.09% | 3,998,857 | $36.6M | Add +26.4% |
| ASUR Asure Software Inc. | 4.05% | 3,797,112 | $36.2M | Add +2.1% |
| KKR KKR & Co. Inc. | 3.91% | 302,847 | $34.9M | Add +2.8% |
| ECNCF Ecn Capital Corp. | 3.82% | 18,832,006 | $34.2M | Add +0.4% |
| TH Target Hospitality Corp. | 3.71% | 5,053,243 | $33.2M | Add +0.9% |
| JPM JPMorgan Chase & Co. | 3.13% | 113,952 | $28.0M | Reduce -0.0% |
| PERI Perion Network Ltd. | 2.80% | 3,078,139 | $25.0M | Add +21.3% |
| SECYF Secure Waste Infrastructure | 2.79% | 2,291,510 | $24.9M | Add +43.5% |
| MPAA Motorcar Parts of America Inc. | 2.65% | 2,501,546 | $23.7M | Reduce -0.7% |
| III Information Services Group | 2.56% | 5,869,240 | $22.9M | Add +4.9% |
| JEF Jefferies Financial Group Inc. | 2.38% | 398,459 | $21.3M | Reduce -22.8% |
| SNEX Stonex Group Inc. | 2.38% | 278,818 | $21.2M | Reduce -2.9% |
| LAKE Lakeland Industries Inc. | 2.26% | 996,873 | $20.2M | Reduce -1.0% |
| IWGFF International Workplace Grou | 1.95% | 7,271,825 | $17.4M | Add +890.7% |
| TROX Tronox Holdings PLC | 1.93% | 2,461,840 | $17.3M | Add +43.4% |
| SMBK Smartfinancial Inc. | 1.80% | 517,891 | $16.1M | Reduce -0.9% |
| LGND Ligand Pharmaceuticals | 1.74% | 148,125 | $15.5M | Add +10.8% |
| VIVID SEATS INC | 1.74% | 5,258,129 | $15.5M | Add +4.0% |
| SNV Synovus Financial Corp. | 1.52% | 292,090 | $13.6M | Add +2.7% |
| ASLE Aersale Corp. | 1.38% | 1,656,742 | $12.4M | Add +4.1% |
| ACNB Acnb Corp. | 1.25% | 271,596 | $11.2M | New |
| ATRO Astronics Corp. | 1.09% | 402,958 | $9.7M | New |
| RJF Raymond James Financial Inc. | 0.91% | 58,494 | $8.1M | Reduce -0.6% |
| GOOGL Alphabet Inc. Class A | 0.66% | 38,355 | $5.9M | Add +8.5% |
| FNWB First Northwest Bancorp | 0.61% | 540,216 | $5.5M | Reduce -0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.60% | 9,617 | $5.4M | Add +1.0% |
| PLTR Palantir Technologies Inc. Class A | 0.57% | 60,911 | $5.1M | Add +1.2% |
| SSBK Southern States Bancshares | 0.57% | 142,354 | $5.1M | Add +271.6% |
| EVRI Everi Holdings Inc. | 0.53% | 347,625 | $4.7M | Reduce -79.5% |
| NOBL Proshares S&P 500 Dividend A | 0.48% | 42,151 | $4.3M | Reduce -6.1% |
| VIG Vanguard Dividend Apprec ETF | 0.48% | 22,038 | $4.3M | Add +2.9% |
| AAPL Apple Inc. | 0.45% | 17,985 | $4.0M | Reduce -1.0% |
| DON Wisdomtree US Midcap Dividen | 0.45% | 80,663 | $4.0M | Add +4.7% |
| GOOG Alphabet Inc. Class C | 0.43% | 24,837 | $3.9M | Add +0.1% |
| MSFT Microsoft Corp. | 0.42% | 10,086 | $3.8M | Add +38.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.35% | 12,482 | $3.1M | Reduce -0.8% |
| PBFS Pioneer Bancorp Inc. | 0.34% | 259,904 | $3.0M | New |
| IVV iShares Core S&P 500 ETF | 0.34% | 5,354 | $3.0M | Add +23.9% |
| WTPI Wisdomtree Equity Premium Inc. | 0.30% | 87,399 | $2.7M | Add +39.7% |
| CVX Chevron Corp. | 0.30% | 15,895 | $2.7M | Reduce -13.2% |
| CEFS Saba Opport Hedg Cef ETF-Usd | 0.29% | 122,719 | $2.6M | Add +209.6% |
| IJH iShares Core S&P Midcap ETF | 0.29% | 43,829 | $2.6M | Add +1.6% |
| AMZN Amazon.com Inc. | 0.27% | 12,451 | $2.4M | Add +58.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.25% | 28,215 | $2.2M | Reduce -1.2% |
| HTB Hometrust Bancshares Inc. | 0.23% | 58,804 | $2.0M | New |
| PFE Pfizer Inc. | 0.22% | 76,484 | $1.9M | Add +0.4% |
| XLE SS Energy Select Sector | 0.20% | 18,868 | $1.8M | Reduce -0.5% |
| DGX Quest Diagnostics Inc. | 0.20% | 10,400 | $1.8M | No change |
| TGT Target Corp. | 0.19% | 15,876 | $1.7M | Add +46.6% |
| PSX Phillips 66 | 0.18% | 13,197 | $1.6M | Add +0.4% |
| MA Mastercard Inc. Class A | 0.18% | 2,866 | $1.6M | Reduce -2.5% |
| HP Helmerich & Payne | 0.17% | 59,000 | $1.5M | Add +51.3% |
| BTU Peabody Energy Corp. | 0.17% | 109,788 | $1.5M | Add +49.6% |
| SCHF Schwab Intl Equity ETF | 0.16% | 73,865 | $1.5M | Add +1.9% |
| CPB The Campbell's Company | 0.16% | 36,300 | $1.4M | Add +38.0% |
| FE Firstenergy Corp. | 0.16% | 35,127 | $1.4M | Add +49.3% |
| CLX Clorox Company | 0.15% | 8,900 | $1.3M | Add +12.7% |
| NTR Nutrien Ltd. | 0.14% | 24,787 | $1.2M | Reduce -1.4% |
| PYPL PayPal Holdings Inc. | 0.14% | 18,700 | $1.2M | No change |
| KDP Keurig Dr Pepper Inc. | 0.13% | 33,900 | $1.2M | Add +21.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.13% | 2,406 | $1.1M | Reduce -3.5% |
| BND Vanguard Total Bond Market | 0.12% | 15,092 | $1.1M | New |
| FAS Dirx DLY Finacial B3X ETF-Ui | 0.12% | 7,000 | $1.1M | Add +27.3% |
| HD Home Depot Inc. | 0.12% | 2,919 | $1.1M | Reduce -3.6% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.11% | 8,300 | $983K | Add +64.8% |
| EQWL Invesco S&P 100 Equal Weight | 0.10% | 9,094 | $938K | Add +17.1% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.10% | 11,442 | $894K | Add +23.8% |
| NFG National Fuel Gas Co. | 0.10% | 10,900 | $863K | Reduce -47.6% |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | 0.09% | 9,374 | $817K | Add +108.6% |
| NVDA Nvidia Corp. | 0.09% | 7,476 | $810K | Add +261.2% |
| META Meta Platforms Inc. Class A | 0.09% | 1,367 | $788K | Reduce -12.2% |
| IWM iShares Russell 2000 ETF | 0.09% | 3,937 | $785K | Add +98.1% |
| TSCO Tractor Supply Company | 0.09% | 14,200 | $782K | No change |
| SHEL Shell PLC-ADR | 0.09% | 10,500 | $769K | No change |
| SO The Southern Co. | 0.08% | 8,122 | $747K | No change |
| AEP American Electric Power | 0.08% | 6,750 | $738K | No change |
| TMO Thermo Fisher Scientific Inc. | 0.08% | 1,396 | $695K | No change |
| VYM Vanguard High DVD Yield ETF | 0.08% | 5,242 | $676K | Add +39.8% |
| QCOM Qualcomm Inc. | 0.07% | 4,305 | $661K | Add +7.5% |
| VEU Vanguard Ftse All-World Ex-U | 0.07% | 10,590 | $642K | Add +0.3% |
| VCIT Vanguard Int-Term Corporate | 0.07% | 7,259 | $594K | Add +8.1% |
| CMP Compass Minerals Internation | 0.06% | 59,500 | $553K | Add +2.6% |
| XLV SS Health Care Select Sector | 0.06% | 3,569 | $521K | Reduce -1.3% |
| WMT Walmart Inc. | 0.06% | 5,772 | $507K | Add +3.3% |
| XOM Exxon Mobil Corp. | 0.06% | 4,237 | $504K | Add +3.5% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.06% | 1,200 | $504K | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.05% | 1,324 | $491K | Add +110.2% |
| WM Waste Management Inc. | 0.05% | 2,111 | $489K | No change |
| ZBRA Zebra Technologies Corp. Class A | 0.05% | 1,725 | $487K | No change |
| HON Honeywell International Inc. | 0.05% | 2,046 | $433K | No change |
| VOO Vanguard S&P 500 ETF | 0.05% | 836 | $429K | Reduce -2.2% |
| RRC Range Resources Corp. | 0.05% | 10,500 | $419K | Reduce -53.3% |
| XLF SS Financial Select Sector | 0.05% | 8,216 | $409K | Reduce -7.0% |
| LMT Lockheed Martin Corp. | 0.04% | 878 | $392K | Reduce -0.2% |
| IJR iShares Core S&P Small-Cap E | 0.04% | 3,639 | $381K | Add +99.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.04% | 8,952 | $374K | Reduce -0.5% |
| FTIS Enhanced Liquid Income Offshore Fund | 0.04% | 356,543 | $357K | New |
| IEMG iShares Core MSCI Emerging | 0.04% | 6,561 | $354K | No change |
| ACN Accenture PLC Class A | 0.04% | 1,132 | $353K | No change |
| TQQQ Proshares Ultrapro QQQ | 0.04% | 6,000 | $344K | New |
| DUK Duke Energy Corp. | 0.04% | 2,737 | $334K | No change |
| ABBV Abbvie Inc. | 0.04% | 1,507 | $316K | No change |
| KRE SS SPDR S&P Regional Bank | 0.04% | 5,500 | $313K | New |
| BLK BlackRock Inc. | 0.03% | 325 | $307K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.03% | 1,089 | $299K | No change |
| IXUS iShares Core Intl Stock ETF | 0.03% | 4,253 | $297K | Add +19.1% |
| PEP Pepsico Inc. | 0.03% | 1,805 | $271K | New |
| TTE Totalenergies SE -Spon ADR | 0.03% | 4,164 | $269K | Add +5.0% |
| V Visa Inc. Class A | 0.03% | 741 | $260K | Reduce -0.8% |
| AMJB Alerian MLP ETN2044 filed as JPMORGAN CHASE FINL CO LLC | 0.03% | 7,909 | $257K | Add +0.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.03% | 969 | $251K | New |
| DGRO iShares Core Dividend Growth | 0.03% | 4,012 | $248K | New |
| IHE iShares US Pharmaceuticals E | 0.03% | 3,425 | $242K | New |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.03% | 8,326 | $230K | Reduce -2.8% |
| XLK SS Technology Select Sector | 0.03% | 1,110 | $229K | Reduce -14.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.02% | 414 | $220K | New |
| IEFA iShares Core MSCI Eafe ETF | 0.02% | 2,883 | $218K | New |
| VWO Vanguard Ftse Emerging Marke | 0.02% | 4,804 | $217K | New |
| IWB iShares Russell 1000 ETF | 0.02% | 708 | $217K | No change |
| JNJ Johnson & Johnson | 0.02% | 1,293 | $214K | New |
| AGG iShares Core U.S. Aggregate | 0.02% | 2,077 | $205K | Reduce -84.3% |
| MDY State Street SPDR S&P Midcap | 0.02% | 385 | $205K | No change |
| UNH Unitedhealth Group Inc. | 0.02% | 391 | $205K | Reduce -16.6% |
| CC The Chemours Co. | 0.02% | 14,000 | $189K | Add +40.0% |
| REAL The Realreal Inc. filed as THE REALREAL INC | 0.01% | 22,500 | $121K | Reduce -6.3% |
Options reported separately and not counted above: PFE calls ($3.2M), BTU calls ($1.9M), QNST calls ($1.5M), TNA calls ($1.5M), GOOG calls ($1.3M), GOOGL puts ($1.3M), HROW calls ($1.2M), TTE calls ($970K), LNTH calls ($956K), PFE puts ($900K), BTU puts ($745K), TGT calls ($731K), and 7 more.
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HIGHLAND OPP & INC FUND (HFRO 5.375 PERP A) | PFD | 100,292 | $1.6M | Add +98.6% |
Total filed on the 13F, all lines: $895.6M.
Portfolio Sells Q4 2024 → Q1 2025
| JEF Jefferies Financial Group Inc. | Reduce -22.8% | 2.38% | −1.93 |
| EVRI Everi Holdings Inc. | Reduce -79.5% | 0.53% | −1.92 |
| VC Visteon Corp. | Sold out | 0.00% | −0.85 |
| AIOT Powerfleet Inc. | Reduce -1.3% | 4.13% | −0.72 |
| LAKE Lakeland Industries Inc. | Reduce -1.0% | 2.26% | −0.49 |
| SHBI Shore Bancshares Inc. | Sold out | 0.00% | −0.40 |
| AGG iShares Core U.S. Aggregate | Reduce -84.3% | 0.02% | −0.11 |
| HEES H&E Equipment Services Inc. | Sold out | 0.00% | −0.11 |
| TAP Molson Coors Beverage Co. Class B | Sold out | 0.00% | −0.09 |
| BBSI Barrett Business SVCS Inc. | Reduce -0.7% | 5.26% | −0.09 |
| HFRO Highland Opport & Income | Sold out | 0.00% | −0.08 |
| RJF Raymond James Financial Inc. | Reduce -0.6% | 0.91% | −0.07 |
| RRC Range Resources Corp. | Reduce -53.3% | 0.05% | −0.04 |
| AAPL Apple Inc. | Reduce -1.0% | 0.45% | −0.04 |
| NFG National Fuel Gas Co. | Reduce -47.6% | 0.10% | −0.04 |
| IMAX Imax Corp. | Sold out | 0.00% | −0.04 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.04 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.03 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.03 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.02 |
| INTC Intel Corp. | Sold out | 0.00% | −0.02 |
| REAL The Realreal Inc. | Reduce -6.3% | 0.01% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -3.5% | 0.13% | −0.01 |
| META Meta Platforms Inc. Class A | Reduce -12.2% | 0.09% | −0.01 |
| XLK SS Technology Select Sector | Reduce -14.6% | 0.03% | −0.01 |
| HD Home Depot Inc. | Reduce -3.6% | 0.12% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -16.6% | 0.02% | −0.00 |
| LMT Lockheed Martin Corp. | Reduce -0.2% | 0.04% | −0.00 |
| VOO Vanguard S&P 500 ETF | Reduce -2.2% | 0.05% | −0.00 |
| BAC Bank of America Corp. | Reduce -0.5% | 0.04% | −0.00 |
| XLF SS Financial Select Sector | Reduce -7.0% | 0.05% | +0.00 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -2.8% | 0.03% | +0.00 |
| V Visa Inc. Class A | Reduce -0.8% | 0.03% | +0.00 |
| NOBL Proshares S&P 500 Dividend A | Reduce -6.1% | 0.48% | +0.00 |
| XLV SS Health Care Select Sector | Reduce -1.3% | 0.06% | +0.01 |
| MA Mastercard Inc. Class A | Reduce -2.5% | 0.18% | +0.01 |
| CVX Chevron Corp. | Reduce -13.2% | 0.30% | +0.01 |
| NTR Nutrien Ltd. | Reduce -1.4% | 0.14% | +0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -1.2% | 0.25% | +0.02 |
| XLE SS Energy Select Sector | Reduce -0.5% | 0.20% | +0.02 |
| FNWB First Northwest Bancorp | Reduce -0.3% | 0.61% | +0.02 |
| IBM Intl Business Machines Corp. | Reduce -0.8% | 0.35% | +0.05 |
| SMBK Smartfinancial Inc. | Reduce -0.9% | 1.80% | +0.07 |
| JPM JPMorgan Chase & Co. | Reduce -0.0% | 3.13% | +0.21 |
| SNEX Stonex Group Inc. | Reduce -2.9% | 2.38% | +0.38 |
| MPAA Motorcar Parts of America Inc. | Reduce -0.7% | 2.65% | +0.61 |
Portfolio Buys Q4 2024 → Q1 2025
| IWGFF International Workplace Grou | Add +890.7% | 1.95% | +1.79 |
| ACNB Acnb Corp. | New | 1.25% | +1.25 |
| ATRO Astronics Corp. | New | 1.09% | +1.09 |
| BGC BGC Group Inc. Class A | Add +26.4% | 4.09% | +1.04 |
| LNTH Lantheus Holdings Inc. | Add +4.8% | 5.71% | +0.94 |
| SECYF Secure Waste Infrastructure | Add +43.5% | 2.79% | +0.87 |
| III Information Services Group | Add +4.9% | 2.56% | +0.57 |
| PERI Perion Network Ltd. | Add +21.3% | 2.80% | +0.50 |
| SSBK Southern States Bancshares | Add +271.6% | 0.57% | +0.43 |
| PBFS Pioneer Bancorp Inc. | New | 0.34% | +0.34 |
| ASLE Aersale Corp. | Add +4.1% | 1.38% | +0.31 |
| ASUR Asure Software Inc. | Add +2.1% | 4.05% | +0.31 |
| HTB Hometrust Bancshares Inc. | New | 0.23% | +0.23 |
| LGND Ligand Pharmaceuticals | Add +10.8% | 1.74% | +0.21 |
| CEFS Saba Opport Hedg Cef ETF-Usd | Add +209.6% | 0.29% | +0.20 |
| BND Vanguard Total Bond Market | New | 0.12% | +0.12 |
| MSFT Microsoft Corp. | Add +38.5% | 0.42% | +0.10 |
| TROX Tronox Holdings PLC | Add +43.4% | 1.93% | +0.09 |
| PLTR Palantir Technologies Inc. Class A | Add +1.2% | 0.57% | +0.09 |
| WTPI Wisdomtree Equity Premium Inc. | Add +39.7% | 0.30% | +0.08 |
| AMZN Amazon.com Inc. | Add +58.5% | 0.27% | +0.08 |
| IVV iShares Core S&P 500 ETF | Add +23.9% | 0.34% | +0.07 |
| NVDA Nvidia Corp. | Add +261.2% | 0.09% | +0.06 |
| FE Firstenergy Corp. | Add +49.3% | 0.16% | +0.06 |
| SJM The JM Smucker Co. | Add +64.8% | 0.11% | +0.05 |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | Add +108.6% | 0.09% | +0.05 |
| CPB The Campbell's Company | Add +38.0% | 0.16% | +0.04 |
| IWM iShares Russell 2000 ETF | Add +98.1% | 0.09% | +0.04 |
| FTIS Enhanced Liquid Income Offshore Fund | New | 0.04% | +0.04 |
| HP Helmerich & Payne | Add +51.3% | 0.17% | +0.04 |
| TQQQ Proshares Ultrapro QQQ | New | 0.04% | +0.04 |
| FAS Dirx DLY Finacial B3X ETF-Ui | Add +27.3% | 0.12% | +0.04 |
| KRE SS SPDR S&P Regional Bank | New | 0.04% | +0.04 |
| KDP Keurig Dr Pepper Inc. | Add +21.1% | 0.13% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +2.9% | 0.48% | +0.03 |
| PEP Pepsico Inc. | New | 0.03% | +0.03 |
| TGT Target Corp. | Add +46.6% | 0.19% | +0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.03% | +0.03 |
| DON Wisdomtree US Midcap Dividen | Add +4.7% | 0.45% | +0.03 |
| DGRO iShares Core Dividend Growth | New | 0.03% | +0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +110.2% | 0.05% | +0.03 |
| IHE iShares US Pharmaceuticals E | New | 0.03% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.02% | +0.02 |
| VYM Vanguard High DVD Yield ETF | Add +39.8% | 0.08% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | New | 0.02% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | New | 0.02% | +0.02 |
| JNJ Johnson & Johnson | New | 0.02% | +0.02 |
| PSX Phillips 66 | Add +0.4% | 0.18% | +0.02 |
| SCHF Schwab Intl Equity ETF | Add +1.9% | 0.16% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Add +99.8% | 0.04% | +0.02 |
Options Activity Q4 2024 → Q1 2025
| PLNT Planet Fitness Inc. Class A | put | Sold out | 35,000 | $3.5Mbefore exit |
| PFE Pfizer Inc. | call | Add +31.6% | 125,000 | $3.2M |
| BTU Peabody Energy Corp. | call | Add +189.7% | 137,600 | $1.9M |
| INTC Intel Corp. | call | Sold out | 80,000 | $1.6Mbefore exit |
| QNST Quinstreet Inc. | call | New | 85,000 | $1.5M |
| TNA Dir Dai SML Ca Bul 3X Et-Usd | call | New | 50,000 | $1.5M |
| GOOG Alphabet Inc. Class C | call | New | 8,500 | $1.3M |
| GOOGL Alphabet Inc. Class A | put | New | 8,500 | $1.3M |
| HROW Harrow Inc. | call | New | 43,500 | $1.2M |
| LNTH Lantheus Holdings Inc. | call | Add +96.0% | 9,800 | $956K |
| BTU Peabody Energy Corp. | put | Add +214.3% | 55,000 | $745K |
| TGT Target Corp. | call | New | 7,000 | $731K |
| TGT Target Corp. | put | New | 7,000 | $731K |
| TROX Tronox Holdings PLC | call | Sold out | 60,000 | $604Kbefore exit |
| CMP Compass Minerals Internation | call | Reduce -76.8% | 42,500 | $395K |
| DIA SS SPDR Dow Jones Indus Avg | put | Add +250.0% | 700 | $294K |
| TH Target Hospitality Corp. | call | Sold out | 30,000 | $290Kbefore exit |
| VIVID SEATS INC | call | Reduce -86.1% | 40,000 | $118K |
| BGC BGC Group Inc. Class A | call | Sold out | 10,000 | $91Kbefore exit |
| IWM iShares Russell 2000 ETF | put | Add +100.0% | 400 | $80K |
| ASLE Aersale Corp. | call | Sold out | 10,000 | $63Kbefore exit |
| CMP Compass Minerals Internation | put | New | 3,300 | $31K |
| RVNC Revance Therapeutics Inc. | call | Sold out | 10,000 | $30Kbefore exit |
| PERI Perion Network Ltd. | call | Sold out | 900 | $8Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| HIGHLAND OPP & INC FUND (HFRO 5.375 PERP A) | PFD | Add +98.6% | 100,292 | $1.6M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 175 | $1.1B | QNST, HROW, TH, LGND, PERI |
| Q1 2026 | 173 | $979.0M | HROW, QNST, PERI, TH, KKR |
| Q4 2025 | 164 | $1.1B | HROW, QNST, KKR, AIOT, LGND |
| Q3 2025 | 147 | $1.1B | HROW, QNST, BBSI, KKR, LGND |
| Q2 2025 | 137 | $985.6M | QNST, HROW, BBSI, LNTH, BGC |
| Q1 2025 | 130 | $894.0M | QNST, LNTH, HROW, BBSI, AIOT |
| Q4 2024 | 125 | $937.3M | QNST, HROW, BBSI, TH, AIOT |
| Q3 2024 | 122 | $912.9M | HROW, QNST, LNTH, KKR, BBSI |
| Q2 2024 | 128 | $843.2M | QNST, HROW, TH, KKR, LNTH |
| Q1 2024 | 126 | $885.4M | QNST, TH, KKR, BBSI, HROW |