Private Capital Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Private Capital Management, LLC reported 147 stock positions worth $1.1 billion. Its top holding was Harrow (HROW) at 8.3% of the portfolio, followed by Quinstreet (QNST, 5.9%) and Barrett Business SVCS (BBSI, 4.0%). Compared with Q2 2025, it opened 17 new positions, sold out of 7, added to 60 and reduced 44. The biggest buy was Astronics (ATRO, shares +39%) and the biggest sale Barrett Business SVCS (BBSI, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- NAPLES, FL
- CIK
- 0001588456
- Portfolio Value
- $1.1B (Q3 2025)
- SEC Filing
- 0001214659-25-016670 ↗ filed Nov 14, 2025
Holdings Value
Holdings 147 stocks · $1.1B
| HROW Harrow Inc. | 8.27% | 1,855,664 | $89.4M | Reduce -4.6% |
| QNST Quinstreet Inc. | 5.95% | 4,154,256 | $64.3M | Add +0.0% |
| BBSI Barrett Business SVCS Inc. | 4.05% | 987,254 | $43.8M | Reduce -14.0% |
| KKR KKR & Co. Inc. | 3.77% | 313,853 | $40.8M | Reduce -0.8% |
| LGND Ligand Pharmaceuticals | 3.72% | 227,158 | $40.2M | Reduce -0.9% |
| ECNCF Ecn Capital Corp. | 3.70% | 19,050,334 | $40.0M | Reduce -0.2% |
| BGC BGC Group Inc. Class A | 3.64% | 4,158,162 | $39.3M | Add +0.3% |
| AIOT Powerfleet Inc. | 3.57% | 7,354,073 | $38.5M | Add +9.1% |
| TH Target Hospitality Corp. | 3.54% | 4,511,028 | $38.3M | Reduce -7.0% |
| SECYF Secure Waste Infrastructure | 3.47% | 2,631,410 | $37.5M | Reduce -0.4% |
| MPAA Motorcar Parts of America Inc. | 3.42% | 2,234,301 | $37.0M | Reduce -7.8% |
| PERI Perion Network Ltd. | 3.33% | 3,751,278 | $36.0M | Add +16.8% |
| JPM JPMorgan Chase & Co. | 3.25% | 111,493 | $35.2M | Reduce -1.1% |
| ASUR Asure Software Inc. | 3.05% | 4,013,559 | $32.9M | Add +2.9% |
| III Information Services Group | 3.00% | 5,630,357 | $32.4M | Reduce -1.6% |
| LNTH Lantheus Holdings Inc. | 2.66% | 560,664 | $28.8M | Add +3.1% |
| JEF Jefferies Financial Group Inc. | 2.53% | 418,639 | $27.4M | Reduce -0.7% |
| ATRO Astronics Corp. | 2.37% | 561,257 | $25.6M | Add +39.4% |
| IWGFF International Workplace Grou | 2.13% | 7,788,425 | $23.0M | Add +0.3% |
| SNV Synovus Financial Corp. | 1.78% | 391,758 | $19.2M | Reduce -0.3% |
| SMBK Smartfinancial Inc. | 1.77% | 533,816 | $19.1M | Reduce -0.7% |
| FAF First American Financial | 1.62% | 272,828 | $17.5M | Add +19.1% |
| LAKE Lakeland Industries Inc. | 1.60% | 1,169,488 | $17.3M | Add +1.3% |
| SNEX Stonex Group Inc. | 1.57% | 168,375 | $17.0M | Reduce -32.4% |
| ACNB Acnb Corp. | 1.41% | 345,626 | $15.2M | Add +9.9% |
| ASLE Aersale Corp. | 1.25% | 1,644,667 | $13.5M | Reduce -2.0% |
| RJF Raymond James Financial Inc. | 0.91% | 56,899 | $9.8M | Reduce -2.6% |
| TROX Tronox Holdings PLC | 0.89% | 2,391,482 | $9.6M | Reduce -2.2% |
| GOOGL Alphabet Inc. Class A | 0.89% | 39,506 | $9.6M | Reduce -3.7% |
| PLTR Palantir Technologies Inc. Class A | 0.78% | 46,296 | $8.4M | Reduce -23.4% |
| MATW Matthews Intl Corp. Class A | 0.76% | 338,331 | $8.2M | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.74% | 28,475 | $8.0M | Reduce -22.8% |
| HTB Hometrust Bancshares Inc. | 0.60% | 159,606 | $6.5M | Reduce -0.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.59% | 9,562 | $6.4M | Add +0.8% |
| FBK FB Financial Corp. filed as FB FINL CORP | 0.58% | 112,795 | $6.3M | New |
| GOOG Alphabet Inc. Class C | 0.55% | 24,297 | $5.9M | Reduce -2.2% |
| PBFS Pioneer Bancorp Inc. | 0.44% | 365,453 | $4.8M | Add +1.9% |
| SEAT Vivid Seats Inc. Class A | 0.43% | 282,233 | $4.7M | Reduce -94.8% |
| DON Wisdomtree US Midcap Dividen | 0.42% | 87,082 | $4.6M | Add +9.4% |
| VIG Vanguard Dividend Apprec ETF | 0.42% | 20,949 | $4.5M | Reduce -5.8% |
| NOBL Proshares S&P 500 Dividend A | 0.41% | 43,267 | $4.5M | Add +4.9% |
| MSFT Microsoft Corp. | 0.41% | 8,589 | $4.4M | Reduce -8.5% |
| AAPL Apple Inc. | 0.40% | 16,950 | $4.3M | Add +0.0% |
| CEFS Saba Opport Hedg Cef ETF-Usd | 0.37% | 174,922 | $4.0M | Add +10.7% |
| FNWB First Northwest Bancorp | 0.31% | 430,616 | $3.4M | Reduce -17.8% |
| WTPI Wisdomtree Equity Premium Inc. | 0.31% | 101,542 | $3.4M | Add +13.6% |
| IVV iShares Core S&P 500 ETF | 0.31% | 4,959 | $3.3M | Reduce -1.2% |
| IJH iShares Core S&P Midcap ETF | 0.29% | 48,655 | $3.2M | Add +11.1% |
| AMZN Amazon.com Inc. | 0.27% | 13,094 | $2.9M | Add +3.6% |
| TGT Target Corp. | 0.25% | 29,801 | $2.7M | Add +45.0% |
| PFE Pfizer Inc. | 0.24% | 103,800 | $2.6M | Add +20.0% |
| CVX Chevron Corp. | 0.23% | 15,932 | $2.5M | Add +0.3% |
| CPB The Campbell's Company | 0.20% | 69,000 | $2.2M | Add +11.7% |
| CTOS Custom Truck One Source Inc. | 0.20% | 330,000 | $2.1M | New |
| BTU Peabody Energy Corp. | 0.19% | 77,588 | $2.1M | Add +3.7% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.19% | 22,983 | $2.0M | Reduce -18.4% |
| HP Helmerich & Payne | 0.18% | 87,600 | $1.9M | Reduce -7.8% |
| PSX Phillips 66 | 0.17% | 13,401 | $1.8M | Add +0.0% |
| PZZA Papa John's Intl Inc. | 0.16% | 35,600 | $1.7M | Reduce -8.3% |
| PYPL PayPal Holdings Inc. | 0.16% | 25,450 | $1.7M | Add +22.9% |
| SCHF Schwab Intl Equity ETF | 0.16% | 72,958 | $1.7M | Add +0.7% |
| XLE SS Energy Select Sector | 0.16% | 18,850 | $1.7M | Add +0.2% |
| DGX Quest Diagnostics Inc. | 0.15% | 8,700 | $1.7M | Add +3.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.15% | 2,759 | $1.7M | Add +2.9% |
| KDP Keurig Dr Pepper Inc. | 0.15% | 64,500 | $1.6M | Add +90.3% |
| MA Mastercard Inc. Class A | 0.15% | 2,866 | $1.6M | No change |
| VZ Verizon Communications Inc. | 0.15% | 36,500 | $1.6M | New |
| QCOM Qualcomm Inc. | 0.14% | 9,280 | $1.5M | Add +6.0% |
| CC The Chemours Co. | 0.14% | 95,000 | $1.5M | Add +578.6% |
| NTR Nutrien Ltd. | 0.13% | 24,787 | $1.5M | No change |
| BND Vanguard Total Bond Market | 0.13% | 18,731 | $1.4M | Add +1.6% |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | 0.13% | 13,631 | $1.4M | Add +36.8% |
| FE Firstenergy Corp. | 0.13% | 29,627 | $1.4M | Reduce -0.3% |
| EQWL Invesco S&P 100 Equal Weight | 0.12% | 11,488 | $1.3M | Add +13.7% |
| RRC Range Resources Corp. | 0.12% | 34,500 | $1.3M | Add +165.4% |
| NVDA Nvidia Corp. | 0.12% | 6,816 | $1.3M | Reduce -7.7% |
| FAS Dirx DLY Finacial B3X ETF-Ui | 0.12% | 7,000 | $1.2M | No change |
| TQQQ Proshares Ultrapro QQQ | 0.11% | 11,500 | $1.2M | Reduce -8.0% |
| HD Home Depot Inc. | 0.11% | 2,916 | $1.2M | No change |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.10% | 12,045 | $1.1M | Add +5.3% |
| TSCO Tractor Supply Company | 0.10% | 18,700 | $1.1M | No change |
| TAP Molson Coors Beverage Co. Class B | 0.10% | 23,200 | $1.0M | Add +6.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.10% | 2,176 | $1.0M | Add +61.0% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.09% | 9,300 | $1.0M | Add +1.1% |
| META Meta Platforms Inc. Class A | 0.09% | 1,369 | $1.0M | Add +0.3% |
| VYM Vanguard High DVD Yield ETF | 0.08% | 6,197 | $874K | Add +13.9% |
| CLX Clorox Company | 0.07% | 6,400 | $789K | Reduce -61.0% |
| SO The Southern Co. | 0.07% | 8,122 | $770K | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.07% | 10,247 | $731K | Add +0.4% |
| IWM iShares Russell 2000 ETF | 0.06% | 2,884 | $698K | Reduce -6.2% |
| TMO Thermo Fisher Scientific Inc. | 0.06% | 1,396 | $677K | No change |
| VOO Vanguard S&P 500 ETF | 0.06% | 1,007 | $617K | Add +20.4% |
| IJR iShares Core S&P Small-Cap E | 0.06% | 5,046 | $600K | Add +31.4% |
| WMT Walmart Inc. | 0.05% | 5,757 | $593K | Add +0.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.05% | 1,729 | $567K | Add +58.8% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.05% | 1,200 | $556K | No change |
| VCIT Vanguard Int-Term Corporate | 0.05% | 6,230 | $524K | Reduce -5.3% |
| ZBRA Zebra Technologies Corp. Class A | 0.05% | 1,725 | $513K | No change |
| PEP Pepsico Inc. | 0.05% | 3,520 | $494K | Reduce -86.5% |
| XLV SS Health Care Select Sector | 0.05% | 3,534 | $492K | Add +0.2% |
| XOM Exxon Mobil Corp. | 0.04% | 4,276 | $482K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.04% | 936 | $471K | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.04% | 8,953 | $462K | No change |
| LMT Lockheed Martin Corp. | 0.04% | 878 | $438K | No change |
| PSA Public Storage | 0.04% | 1,500 | $433K | New |
| XLF SS Financial Select Sector | 0.04% | 8,023 | $432K | Reduce -0.9% |
| HON Honeywell International Inc. | 0.04% | 2,046 | $431K | No change |
| WM Waste Management Inc. | 0.04% | 1,925 | $425K | No change |
| TREE Lendingtree Inc. | 0.04% | 6,500 | $421K | No change |
| PAYX Paychex Inc. | 0.04% | 3,318 | $421K | Add +43.2% |
| IEMG iShares Core MSCI Emerging | 0.04% | 6,307 | $416K | No change |
| IXUS iShares Core Intl Stock ETF | 0.04% | 4,831 | $399K | Add +10.3% |
| BLK BlackRock Inc. | 0.04% | 325 | $379K | No change |
| KRE SS SPDR S&P Regional Bank | 0.03% | 5,500 | $348K | Reduce -17.9% |
| ABBV Abbvie Inc. | 0.03% | 1,491 | $345K | No change |
| DMAC Diamedica Therapeutics Inc. | 0.03% | 50,000 | $344K | New |
| DUK Duke Energy Corp. | 0.03% | 2,737 | $339K | No change |
| DGRO iShares Core Dividend Growth | 0.03% | 4,870 | $332K | Add +19.2% |
| TTE Totalenergies SE -Spon ADR | 0.03% | 4,964 | $296K | Add +19.2% |
| EXR Extra Space Storage Inc. | 0.03% | 2,100 | $296K | New |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.03% | 8,707 | $291K | Add +4.5% |
| AVGO Broadcom Inc. | 0.03% | 878 | $290K | Reduce -2.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.03% | 972 | $286K | Add +0.3% |
| ACN Accenture PLC Class A | 0.03% | 1,132 | $279K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.03% | 5,064 | $274K | Add +8.2% |
| XLK SS Technology Select Sector | 0.02% | 940 | $265K | Reduce -15.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.02% | 3,022 | $264K | Add +3.0% |
| IWB iShares Russell 1000 ETF | 0.02% | 708 | $259K | No change |
| V Visa Inc. Class A | 0.02% | 734 | $251K | Reduce -0.9% |
| SHEL Shell PLC-ADR | 0.02% | 3,500 | $250K | Reduce -66.7% |
| IHE iShares US Pharmaceuticals E | 0.02% | 3,425 | $249K | No change |
| NSA National Storage Affiliates | 0.02% | 8,000 | $242K | New |
| JNJ Johnson & Johnson | 0.02% | 1,296 | $240K | New |
| CIBR First Trust Nasdaq Cybersecu | 0.02% | 3,135 | $238K | No change |
| CUBE Cubesmart | 0.02% | 5,800 | $236K | New |
| KHC The Kraft Heinz Co. | 0.02% | 9,000 | $234K | No change |
| MDY State Street SPDR S&P Midcap | 0.02% | 385 | $229K | No change |
| AMJB Alerian MLP ETN2044 filed as JPMORGAN CHASE FINL CO LLC | 0.02% | 7,772 | $229K | Add +1.0% |
| IBIT iShares Bitcoin Trust ETF | 0.02% | 3,500 | $228K | No change |
| TNA Dir Dai SML Ca Bul 3X Et-Usd | 0.02% | 5,000 | $226K | Reduce -50.0% |
| APH Amphenol Corp. Class A | 0.02% | 1,800 | $223K | New |
| RMT Royce Micro-Cap Trust Inc. | 0.02% | 21,415 | $223K | Add +81.0% |
| STZ Constellation Brands Inc. Class A | 0.02% | 1,472 | $198K | New |
| UNH Unitedhealth Group Inc. | 0.02% | 545 | $188K | New |
| WEST Westrock Coffee Co. | 0.01% | 30,000 | $146K | New |
| RKT Rocket Cos Inc. Class A | 0.00% | 1,900 | $37K | New |
| CTRA Coterra Energy Inc. | 0.00% | 1,000 | $24K | New |
Options reported separately and not counted above: STZ calls ($6.7M), PFE calls ($6.1M), PYPL calls ($4.4M), KDP calls ($3.8M), TAP calls ($3.2M), CTRA calls ($2.8M), BTU calls ($1.8M), TGT calls ($1.7M), BF.B calls ($1.2M), HROW calls ($1.1M), HP calls ($994K), CC calls ($974K), and 8 more.
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HIGHLAND OPP & INC FUND (HFRO 5.375 PERP A) | PFD | 105,842 | $1.8M | Add +5.0% |
Total filed on the 13F, all lines: $1.1B.
Portfolio Sells Q2 2025 → Q3 2025
| BBSI Barrett Business SVCS Inc. | Reduce -14.0% | 4.05% | −0.80 |
| SNEX Stonex Group Inc. | Reduce -32.4% | 1.57% | −0.73 |
| SSBK Southern States Bancshares | Sold out | 0.00% | −0.53 |
| SEAT Vivid Seats Inc. Class A | Reduce -94.8% | 0.43% | −0.50 |
| KKR KKR & Co. Inc. | Reduce -0.8% | 3.77% | −0.49 |
| TROX Tronox Holdings PLC | Reduce -2.2% | 0.89% | −0.37 |
| IBM Intl Business Machines Corp. | Reduce -22.8% | 0.74% | −0.36 |
| PEP Pepsico Inc. | Reduce -86.5% | 0.05% | −0.30 |
| SNV Synovus Financial Corp. | Reduce -0.3% | 1.78% | −0.28 |
| ECNCF Ecn Capital Corp. | Reduce -0.2% | 3.70% | −0.19 |
| CLX Clorox Company | Reduce -61.0% | 0.07% | −0.13 |
| FNWB First Northwest Bancorp | Reduce -17.8% | 0.31% | −0.10 |
| SMBK Smartfinancial Inc. | Reduce -0.7% | 1.77% | −0.08 |
| MSFT Microsoft Corp. | Reduce -8.5% | 0.41% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -1.1% | 3.25% | −0.06 |
| PLTR Palantir Technologies Inc. Class A | Reduce -23.4% | 0.78% | −0.05 |
| SHEL Shell PLC-ADR | Reduce -66.7% | 0.02% | −0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -18.4% | 0.19% | −0.05 |
| VIG Vanguard Dividend Apprec ETF | Reduce -5.8% | 0.42% | −0.04 |
| EVRI Everi Holdings Inc. | Sold out | 0.00% | −0.04 |
| FTIS Enhanced Liquid Income Offshore Fund | Sold out | 0.00% | −0.04 |
| CMP Compass Minerals Internation | Sold out | 0.00% | −0.03 |
| PZZA Papa John's Intl Inc. | Reduce -8.3% | 0.16% | −0.03 |
| EZRA Reliance Global Group Inc. | Sold out | 0.00% | −0.03 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.02 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.02 |
| TNA Dir Dai SML Ca Bul 3X Et-Usd | Reduce -50.0% | 0.02% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -1.2% | 0.31% | −0.01 |
| KRE SS SPDR S&P Regional Bank | Reduce -17.9% | 0.03% | −0.01 |
| VCIT Vanguard Int-Term Corporate | Reduce -5.3% | 0.05% | −0.01 |
| XLK SS Technology Select Sector | Reduce -15.3% | 0.02% | −0.00 |
| V Visa Inc. Class A | Reduce -0.9% | 0.02% | −0.00 |
| XLF SS Financial Select Sector | Reduce -0.9% | 0.04% | −0.00 |
| IWM iShares Russell 2000 ETF | Reduce -6.2% | 0.06% | −0.00 |
| HTB Hometrust Bancshares Inc. | Reduce -0.2% | 0.60% | −0.00 |
| NVDA Nvidia Corp. | Reduce -7.7% | 0.12% | −0.00 |
| RJF Raymond James Financial Inc. | Reduce -2.6% | 0.91% | −0.00 |
| AVGO Broadcom Inc. | Reduce -2.7% | 0.03% | +0.00 |
| FE Firstenergy Corp. | Reduce -0.3% | 0.13% | +0.00 |
| TQQQ Proshares Ultrapro QQQ | Reduce -8.0% | 0.11% | +0.00 |
| HP Helmerich & Payne | Reduce -7.8% | 0.18% | +0.03 |
| TH Target Hospitality Corp. | Reduce -7.0% | 3.54% | +0.04 |
| GOOG Alphabet Inc. Class C | Reduce -2.2% | 0.55% | +0.10 |
| GOOGL Alphabet Inc. Class A | Reduce -3.7% | 0.89% | +0.16 |
| JEF Jefferies Financial Group Inc. | Reduce -0.7% | 2.53% | +0.19 |
| III Information Services Group | Reduce -1.6% | 3.00% | +0.21 |
| ASLE Aersale Corp. | Reduce -2.0% | 1.25% | +0.22 |
| SECYF Secure Waste Infrastructure | Reduce -0.4% | 3.47% | +0.42 |
| MPAA Motorcar Parts of America Inc. | Reduce -7.8% | 3.42% | +0.66 |
| LGND Ligand Pharmaceuticals | Reduce -0.9% | 3.72% | +1.08 |
Portfolio Buys Q2 2025 → Q3 2025
| ATRO Astronics Corp. | Add +39.4% | 2.37% | +1.00 |
| MATW Matthews Intl Corp. Class A | New | 0.76% | +0.76 |
| AIOT Powerfleet Inc. | Add +9.1% | 3.57% | +0.62 |
| FBK FB Financial Corp. | New | 0.58% | +0.58 |
| CTOS Custom Truck One Source Inc. | New | 0.20% | +0.20 |
| FAF First American Financial | Add +19.1% | 1.62% | +0.20 |
| VZ Verizon Communications Inc. | New | 0.15% | +0.15 |
| CC The Chemours Co. | Add +578.6% | 0.14% | +0.12 |
| BTU Peabody Energy Corp. | Add +3.7% | 0.19% | +0.09 |
| RRC Range Resources Corp. | Add +165.4% | 0.12% | +0.07 |
| AAPL Apple Inc. | Add +0.0% | 0.40% | +0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.04% | +0.04 |
| TGT Target Corp. | Add +45.0% | 0.25% | +0.04 |
| ACNB Acnb Corp. | Add +9.9% | 1.41% | +0.04 |
| PSA Public Storage | New | 0.04% | +0.04 |
| KDP Keurig Dr Pepper Inc. | Add +90.3% | 0.15% | +0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +61.0% | 0.10% | +0.04 |
| PFE Pfizer Inc. | Add +20.0% | 0.24% | +0.03 |
| DMAC Diamedica Therapeutics Inc. | New | 0.03% | +0.03 |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | Add +36.8% | 0.13% | +0.03 |
| EXR Extra Space Storage Inc. | New | 0.03% | +0.03 |
| PERI Perion Network Ltd. | Add +16.8% | 3.33% | +0.02 |
| NSA National Storage Affiliates | New | 0.02% | +0.02 |
| JNJ Johnson & Johnson | New | 0.02% | +0.02 |
| WTPI Wisdomtree Equity Premium Inc. | Add +13.6% | 0.31% | +0.02 |
| CUBE Cubesmart | New | 0.02% | +0.02 |
| APH Amphenol Corp. Class A | New | 0.02% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +58.8% | 0.05% | +0.02 |
| STZ Constellation Brands Inc. Class A | New | 0.02% | +0.02 |
| IJH iShares Core S&P Midcap ETF | Add +11.1% | 0.29% | +0.02 |
| UNH Unitedhealth Group Inc. | New | 0.02% | +0.02 |
| DON Wisdomtree US Midcap Dividen | Add +9.4% | 0.42% | +0.02 |
| WEST Westrock Coffee Co. | New | 0.01% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +31.4% | 0.06% | +0.01 |
| CEFS Saba Opport Hedg Cef ETF-Usd | Add +10.7% | 0.37% | +0.01 |
| CPB The Campbell's Company | Add +11.7% | 0.20% | +0.01 |
| RMT Royce Micro-Cap Trust Inc. | Add +81.0% | 0.02% | +0.01 |
| EQWL Invesco S&P 100 Equal Weight | Add +13.7% | 0.12% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +20.4% | 0.06% | +0.01 |
| VYM Vanguard High DVD Yield ETF | Add +13.9% | 0.08% | +0.01 |
| LAKE Lakeland Industries Inc. | Add +1.3% | 1.60% | +0.01 |
| PSX Phillips 66 | Add +0.0% | 0.17% | +0.01 |
| PAYX Paychex Inc. | Add +43.2% | 0.04% | +0.00 |
| DGRO iShares Core Dividend Growth | Add +19.2% | 0.03% | +0.00 |
| PBFS Pioneer Bancorp Inc. | Add +1.9% | 0.44% | +0.00 |
| RKT Rocket Cos Inc. Class A | New | 0.00% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.9% | 0.15% | +0.00 |
| IXUS iShares Core Intl Stock ETF | Add +10.3% | 0.04% | +0.00 |
| CTRA Coterra Energy Inc. | New | 0.00% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +8.2% | 0.03% | +0.00 |
Options Activity Q2 2025 → Q3 2025
| MSFT Microsoft Corp. | put | Sold out | 20,000 | $9.9Mbefore exit |
| STZ Constellation Brands Inc. Class A | call | Add +400.0% | 50,000 | $6.7M |
| PFE Pfizer Inc. | call | Reduce -7.7% | 240,000 | $6.1M |
| SJM The JM Smucker Co. | call | Sold out | 55,000 | $5.4Mbefore exit |
| PYPL PayPal Holdings Inc. | call | New | 65,000 | $4.4M |
| KDP Keurig Dr Pepper Inc. | call | New | 150,000 | $3.8M |
| TAP Molson Coors Beverage Co. Class B | call | New | 70,000 | $3.2M |
| PEP Pepsico Inc. | put | Sold out | 22,500 | $3.0Mbefore exit |
| PAYX Paychex Inc. | call | Sold out | 20,000 | $2.9Mbefore exit |
| CTRA Coterra Energy Inc. | call | New | 120,000 | $2.8M |
| GEV GE Vernova Inc. | put | Sold out | 5,000 | $2.6Mbefore exit |
| NVDA Nvidia Corp. | put | Sold out | 12,500 | $2.0Mbefore exit |
| BTU Peabody Energy Corp. | call | Reduce -22.8% | 67,600 | $1.8M |
| TGT Target Corp. | call | Add +39.3% | 19,500 | $1.7M |
| LNTH Lantheus Holdings Inc. | call | Sold out | 21,000 | $1.7Mbefore exit |
| XLE SS Energy Select Sector | call | Sold out | 20,000 | $1.7Mbefore exit |
| QNST Quinstreet Inc. | call | Sold out | 90,000 | $1.4Mbefore exit |
| HROW Harrow Inc. | call | Reduce -57.9% | 22,500 | $1.1M |
| HP Helmerich & Payne | call | Reduce -62.5% | 45,000 | $994K |
| CC The Chemours Co. | call | New | 61,500 | $974K |
| SEMR Semrush Holdings Inc. Class A | call | Sold out | 40,000 | $362Kbefore exit |
| RKT Rocket Cos Inc. Class A | put | Sold out | 20,000 | $284Kbefore exit |
| RKT Rocket Cos Inc. Class A | call | Reduce -62.5% | 7,500 | $145K |
| ASUR Asure Software Inc. | call | New | 13,400 | $110K |
| WEST Westrock Coffee Co. | call | New | 15,000 | $73K |
| CMP Compass Minerals Internation | put | Sold out | 3,300 | $66Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| HIGHLAND OPP & INC FUND (HFRO 5.375 PERP A) | PFD | Add +5.0% | 105,842 | $1.8M |
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 |