Private Capital Management, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Private Capital Management, LLC reported 173 stock positions worth $979.0 million. Its top holding was Harrow (HROW) at 5.6% of the portfolio, followed by Quinstreet (QNST, 5.4%) and Perion Network (PERI, 4.9%). Compared with Q4 2025, it opened 17 new positions, sold out of 8, added to 61 and reduced 59. The biggest buy was a new position in Pinnacle Financial Partners (PNFP) and the biggest sale Harrow (HROW, shares −15%).

Most Recent 13F
Q2 2026
Location
NAPLES, FL
CIK
0001588456
Portfolio Value
$979.0M (Q1 2026)
SEC Filing
0001214659-26-006486 ↗ filed May 15, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $885.4M Q1 2024 Q2 2024: $843.2M Q2 2024 Q3 2024: $912.9M Q3 2024 Q4 2024: $937.3M Q4 2024 Q1 2025: $894.0M Q1 2025 Q2 2025: $985.6M Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $979.0M $979.0M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 173 stocks · $979.0M
HROW Harrow Inc. 5.63% 1,562,000 $55.1M Reduce -15.3%
QNST Quinstreet Inc. 5.42% 4,415,402 $53.0M Add +5.8%
PERI Perion Network Ltd. 4.88% 4,778,028 $47.7M Add +27.4%
TH Target Hospitality Corp. 4.42% 4,660,619 $43.3M Add +3.5%
KKR KKR & Co. Inc. 4.38% 463,448 $42.9M Add +46.2%
BGC BGC Group Inc. Class A 4.13% 4,138,422 $40.5M Reduce -0.3%
LGND Ligand Pharmaceuticals 4.11% 201,381 $40.2M Reduce -3.6%
ASUR Asure Software Inc. 3.52% 4,012,058 $34.5M Reduce -0.7%
JPM JPMorgan Chase & Co. 3.36% 111,946 $32.9M Reduce -0.0%
SECYF Secure Waste Infrastructure 3.20% 2,008,120 $31.3M Reduce -23.3%
MATW Matthews Intl Corp. Class A 3.02% 1,144,705 $29.6M Add +12.4%
BBSI Barrett Business SVCS Inc. 2.98% 999,910 $29.2M Add +0.1%
LNTH Lantheus Holdings Inc. 2.77% 357,644 $27.1M Reduce -36.0%
MPAA Motorcar Parts of America Inc. 2.60% 2,299,693 $25.4M Add +2.7%
AIOT Powerfleet Inc. 2.35% 7,476,858 $23.0M Reduce -1.4%
ATRO Astronics Corp. 2.20% 322,543 $21.5M Reduce -41.9%
JEF Jefferies Financial Group Inc. 2.17% 514,469 $21.2M Add +22.7%
SNEX Stonex Group Inc. 1.92% 232,516 $18.8M Add +39.1%
III Information Services Group 1.83% 4,671,408 $17.9M Reduce -2.2%
IWGFF International Workplace Grou 1.82% 7,492,690 $17.8M Reduce -6.0%
ACNB Acnb Corp. 1.76% 359,742 $17.2M Reduce -3.0%
TROX Tronox Holdings PLC 1.73% 1,734,999 $17.0M Reduce -3.4%
SMBK Smartfinancial Inc. 1.71% 428,147 $16.7M Reduce -10.0%
FAF First American Financial 1.63% 264,468 $15.9M Reduce -2.7%
PNFP Pinnacle Financial Partners 1.61% 183,311 $15.8M New
LAKE Lakeland Industries Inc. 1.26% 1,508,223 $12.4M Add +25.4%
HTB Hometrust Bancshares Inc. 1.06% 244,085 $10.4M Reduce -1.8%
ASLE Aersale Corp. 1.03% 1,624,432 $10.1M Reduce -1.1%
RJF Raymond James Financial Inc. 0.78% 52,798 $7.6M Reduce -4.5%
PLTR Palantir Technologies Inc. Class A 0.68% 45,377 $6.6M Reduce -0.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.65% 9,811 $6.4M Add +2.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.65% 26,283 $6.4M Reduce -1.9%
AAPL Apple Inc. 0.61% 23,539 $6.0M Add +0.4%
GOOGL Alphabet Inc. Class A 0.51% 17,496 $5.0M Reduce -50.4%
PBFS Pioneer Bancorp Inc. 0.50% 354,839 $4.9M Reduce -2.1%
NOBL Proshares S&P 500 Dividend A 0.50% 46,148 $4.9M Add +5.7%
DON Wisdomtree US Midcap Dividen 0.49% 92,190 $4.8M Add +6.5%
CEFS Saba Opport Hedg Cef ETF-Usd 0.49% 213,837 $4.8M Add +9.9%
MSFT Microsoft Corp. 0.48% 12,632 $4.7M Add +21.7%
CC The Chemours Co. 0.42% 188,600 $4.2M Reduce -4.1%
IGV iShares Expanded Tech-Softwa 0.42% 51,503 $4.1M New
DVY iShares Select Dividend ETF 0.41% 26,386 $4.0M New
BHB Bar Harbor Bankshares filed as BAR HBR BANKSHARES 0.40% 121,220 $3.9M New
AMZN Amazon.com Inc. 0.39% 18,439 $3.8M Add +15.7%
VIG Vanguard Dividend Apprec ETF 0.37% 17,035 $3.7M Reduce -19.5%
WTPI Wisdomtree Equity Premium Inc. 0.37% 114,716 $3.7M Add +9.9%
IJH iShares Core S&P Midcap ETF 0.37% 54,042 $3.6M Add +8.9%
IVV iShares Core S&P 500 ETF 0.34% 5,081 $3.3M Add +3.4%
FBK FB Financial Corp. filed as FB FINL CORP 0.30% 57,088 $3.0M Reduce -49.1%
TGT Target Corp. 0.30% 24,050 $2.9M Reduce -5.3%
PSA Public Storage 0.28% 10,200 $2.8M Add +126.7%
PFE Pfizer Inc. 0.28% 98,117 $2.8M Add +9.1%
CVX Chevron Corp. 0.27% 12,953 $2.7M Reduce -18.6%
HP Helmerich & Payne 0.26% 71,900 $2.6M Reduce -2.8%
QCOM Qualcomm Inc. 0.24% 18,112 $2.3M Add +91.6%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.24% 50,257 $2.3M Reduce -2.1%
PSX Phillips 66 0.23% 12,404 $2.3M Reduce -7.5%
CF CF Industries Holdings Inc. 0.23% 17,400 $2.3M Reduce -11.0%
KDP Keurig Dr Pepper Inc. 0.23% 84,100 $2.2M Add +5.0%
XLE SS Energy Select Sector 0.22% 35,852 $2.2M Reduce -3.6%
CTOS Custom Truck One Source Inc. 0.22% 327,500 $2.2M No change
TSCO Tractor Supply Company 0.22% 47,000 $2.1M Add +46.4%
PZZA Papa John's Intl Inc. 0.21% 63,000 $2.0M Add +50.8%
RRC Range Resources Corp. 0.21% 44,500 $2.0M Add +29.0%
CPB The Campbell's Company 0.20% 86,700 $1.9M Add +28.8%
CLX Clorox Company 0.19% 18,200 $1.9M No change
VZ Verizon Communications Inc. 0.19% 36,896 $1.9M Add +0.5%
FAS Dirx DLY Finacial B3X ETF-Ui 0.19% 15,300 $1.8M Add +118.6%
KLAC KLA Corp. 0.18% 1,200 $1.8M Reduce -7.7%
SCHF Schwab Intl Equity ETF 0.18% 70,727 $1.8M Reduce -2.8%
DGX Quest Diagnostics Inc. 0.17% 8,700 $1.7M No change
PAYX Paychex Inc. 0.17% 18,057 $1.7M Add +82.9%
FE Firstenergy Corp. 0.16% 31,628 $1.6M Add +7.1%
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd 0.15% 15,331 $1.5M Add +10.7%
NTR Nutrien Ltd. 0.15% 20,000 $1.5M Reduce -1.4%
MA Mastercard Inc. Class A 0.15% 3,016 $1.5M No change
EQWL Invesco S&P 100 Equal Weight 0.15% 12,912 $1.5M Add +7.1%
PYPL PayPal Holdings Inc. 0.15% 31,550 $1.4M Reduce -30.5%
QQQ Invesco QQQ Trust Series 1 0.14% 2,458 $1.4M Reduce -8.8%
EXR Extra Space Storage Inc. 0.14% 10,500 $1.4M New
GOOG Alphabet Inc. Class C 0.14% 4,797 $1.4M Reduce -78.8%
BND Vanguard Total Bond Market 0.14% 18,629 $1.4M Reduce -1.1%
NVDA Nvidia Corp. 0.14% 7,584 $1.3M Add +11.5%
JNJ Johnson & Johnson 0.13% 5,156 $1.3M Add +0.0%
NCLH Norwegian Cruise Line Holdin 0.11% 60,000 $1.1M New
HD Home Depot Inc. 0.11% 3,212 $1.1M Add +6.5%
WMT Walmart Inc. 0.11% 8,423 $1.0M Reduce -0.4%
VYM Vanguard High DVD Yield ETF 0.11% 7,026 $1.0M Add +10.8%
PGR Progressive Corp. 0.10% 5,160 $1.0M Add +105.6%
XOM Exxon Mobil Corp. 0.10% 6,002 $1.0M Reduce -8.3%
PEP Pepsico Inc. 0.10% 6,310 $980K Reduce -0.8%
TQQQ Proshares Ultrapro QQQ 0.10% 23,000 $959K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.09% 2,105 $920K Add +12.6%
CAT Caterpillar Inc. 0.09% 1,220 $864K No change
VOO Vanguard S&P 500 ETF 0.08% 1,347 $805K Add +37.6%
SMA Smartstop Self Storage REIT 0.08% 26,500 $802K New
VEU Vanguard Ftse All-World Ex-U 0.08% 10,483 $787K Add +2.3%
META Meta Platforms Inc. Class A 0.08% 1,369 $783K No change
NTRS Northern Trust Corp. 0.08% 5,400 $754K No change
CUBE Cubesmart 0.08% 20,300 $744K Add +6666.7%
SO The Southern Co. 0.08% 7,622 $736K No change
DT Dynatrace Inc. 0.07% 19,390 $717K New
IWM iShares Russell 2000 ETF 0.07% 2,788 $691K Add +4.7%
TMO Thermo Fisher Scientific Inc. 0.07% 1,389 $683K Reduce -0.5%
WM Waste Management Inc. 0.07% 2,925 $672K No change
UHAL U-Haul Holding Co. 0.06% 13,200 $631K New
BRK.B Berkshire Hathaway Inc. Class B 0.06% 1,260 $604K Reduce -11.0%
MCK McKesson Corp. 0.06% 687 $595K No change
IJR iShares Core S&P Small-Cap E 0.06% 4,580 $569K Reduce -7.4%
COIN Coinbase Global Inc. Class A 0.06% 3,200 $559K New
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.05% 1,150 $533K Reduce -4.2%
LMT Lockheed Martin Corp. 0.05% 878 $531K No change
SELF Global Self Storage Inc. 0.05% 103,549 $529K Add +762.9%
RKT Rocket Cos Inc. Class A 0.05% 36,550 $521K New
VCIT Vanguard Int-Term Corporate 0.05% 6,247 $517K Add +0.5%
LIN Linde PLC 0.05% 1,036 $513K Reduce -8.8%
CSCO Cisco Systems Inc. 0.05% 6,500 $504K No change
NFG National Fuel Gas Co. 0.05% 5,300 $498K No change
XLV SS Health Care Select Sector 0.05% 3,391 $497K Reduce -2.0%
TXN Texas Instruments Inc. 0.05% 2,529 $491K Add +0.1%
NSA National Storage Affiliates 0.05% 12,900 $487K Add +12800.0%
IXUS iShares Core Intl Stock ETF 0.05% 5,489 $476K Add +13.1%
HON Honeywell International Inc. 0.05% 2,046 $462K No change
LOW Lowe's Cos Inc. 0.05% 1,949 $460K Add +18.0%
BLK BlackRock Inc. 0.05% 475 $457K No change
IEMG iShares Core MSCI Emerging 0.05% 6,498 $453K Add +2.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 8,954 $437K No change
VTI VG Morningstar TS MKT ETF-US 0.04% 1,356 $435K Reduce -12.7%
ACN Accenture PLC Class A 0.04% 2,132 $423K No change
DGRO iShares Core Dividend Growth 0.04% 6,020 $422K Add +18.2%
CB Chubb Ltd. 0.04% 1,257 $410K No change
TT Trane Technologies PLC 0.04% 979 $408K Reduce -3.9%
MCD McDonald's Corp. 0.04% 1,300 $404K Reduce -0.5%
NEE Nextera Energy Inc. 0.04% 4,217 $392K Reduce -0.9%
KRE SS SPDR S&P Regional Bank 0.04% 5,995 $391K Add +9.0%
LLY Eli Lilly & Co. 0.04% 423 $389K Add +29.4%
HUM Humana Inc. 0.04% 2,200 $381K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.04% 2,350 $375K No change
XLF SS Financial Select Sector 0.04% 7,534 $372K Reduce -3.5%
TRV The Travelers Cos Inc. 0.04% 1,244 $363K No change
ZBRA Zebra Technologies Corp. Class A 0.04% 1,725 $361K No change
SCHE Schwab Emrg Mrkts Eqty ETF 0.04% 10,811 $356K Add +19.5%
ADP Automatic Data Processing 0.04% 1,750 $356K No change
DUK Duke Energy Corp. 0.04% 2,700 $354K Reduce -1.4%
BIL SS SPDR BB 1-3M T-Bill ETF 0.03% 3,722 $341K No change
DMAC Diamedica Therapeutics Inc. 0.03% 50,000 $339K No change
VWO Vanguard Ftse Emerging Marke 0.03% 6,225 $336K Add +20.3%
AVGO Broadcom Inc. 0.03% 1,067 $330K Add +21.5%
MAR Marriott International Class A 0.03% 1,009 $330K No change
ABBV Abbvie Inc. 0.03% 1,491 $324K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.03% 3,250 $313K No change
IEFA iShares Core MSCI Eafe ETF 0.03% 3,336 $302K Add +8.3%
ABT Abbott Laboratories 0.03% 2,905 $298K Add +0.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.03% 982 $282K Add +0.3%
MRK Merck & Co. Inc. 0.03% 2,325 $280K No change
AMJB Alerian MLP ETN2044 filed as JPMORGAN CHASE FINL CO LLC 0.03% 7,733 $267K Reduce -1.5%
APH Amphenol Corp. Class A 0.03% 2,100 $265K Reduce -30.0%
KFRC Kforce Inc. 0.03% 9,000 $263K New
JBI Janus International Group Inc. 0.03% 50,000 $258K New
IHE iShares US Pharmaceuticals E 0.03% 2,945 $255K Reduce -14.0%
WEST Westrock Coffee Co. 0.03% 60,000 $255K No change
IWB iShares Russell 1000 ETF 0.03% 708 $253K No change
LHX L3HARRIS Technologies Inc. 0.03% 720 $249K New
RMT Royce Micro-Cap Trust Inc. 0.03% 21,919 $248K Add +1.0%
BTU Peabody Energy Corp. 0.02% 7,400 $244K Reduce -59.3%
CNI Canadian Natl Railway Co. 0.02% 2,360 $243K No change
XLK SS Technology Select Sector 0.02% 1,800 $239K No change
MDY State Street SPDR S&P Midcap 0.02% 385 $237K No change
FAST Fastenal Co. 0.02% 4,800 $223K New
V Visa Inc. Class A 0.02% 715 $216K Reduce -1.1%
TNA Dir Dai SML Ca Bul 3X Et-Usd 0.02% 4,700 $207K No change
CIBR First Trust Nasdaq Cybersecu 0.02% 3,100 $194K No change
FMC FMC Corp. 0.01% 7,500 $129K New

Options reported separately and not counted above: PFE calls ($3.8M), PYPL calls ($3.0M), CCL calls ($2.6M), CF puts ($2.0M), CPB calls ($1.9M), CUBE calls ($1.9M), HROW calls ($1.4M), CLX puts ($1.1M), RKT calls ($1.1M), PERI calls ($999K), CC calls ($639K), NCLH calls ($561K), and 5 more.

Other holdings (4): bonds, preferreds, convertibles and warrants · $2.9M (not counted above)
SecurityClassShares / PrincipalValueChange
HIGHLAND OPP & INC FUND (HFRO 5.375 PERP A) PFD 113,103$1.9MReduce -5.8%
NATIONAL STORAGE AFFILIA (NSA 6 PERP A) PFD 24,500$555KNew
PUBLIC STORAGE (PSA 4.875 PERP I) Common Stock 12,700$236KNew
PUBLIC STORAGE (PSA 4.75 PERP K) PFD 12,900$234KNew

Total filed on the 13F, all lines: $981.9M.

Portfolio Sells Q4 2025 → Q1 2026
HROW Harrow Inc. Reduce -15.3% 5.63% −2.96
SNV Synovus Financial Corp. Sold out 0.00% −1.71
AIOT Powerfleet Inc. Reduce -1.4% 2.35% −1.49
III Information Services Group Reduce -2.2% 1.83% −0.79
LNTH Lantheus Holdings Inc. Reduce -36.0% 2.77% −0.77
ATRO Astronics Corp. Reduce -41.9% 2.20% −0.67
IWGFF International Workplace Grou Reduce -6.0% 1.82% −0.54
GOOGL Alphabet Inc. Class A Reduce -50.4% 0.51% −0.54
GOOG Alphabet Inc. Class C Reduce -78.8% 0.14% −0.53
FBK FB Financial Corp. Reduce -49.1% 0.30% −0.29
FNWB First Northwest Bancorp Sold out 0.00% −0.18
TAP Molson Coors Beverage Co. Class B Sold out 0.00% −0.16
PYPL PayPal Holdings Inc. Reduce -30.5% 0.15% −0.11
IBM Intl Business Machines Corp. Reduce -1.9% 0.65% −0.10
ASUR Asure Software Inc. Reduce -0.7% 3.52% −0.10
PLTR Palantir Technologies Inc. Class A Reduce -0.7% 0.68% −0.09
ASLE Aersale Corp. Reduce -1.1% 1.03% −0.08
VIG Vanguard Dividend Apprec ETF Reduce -19.5% 0.37% −0.07
JPM JPMorgan Chase & Co. Reduce -0.0% 3.36% −0.07
RJF Raymond James Financial Inc. Reduce -4.5% 0.78% −0.06
BTU Peabody Energy Corp. Reduce -59.3% 0.02% −0.03
NKE Nike Inc. Class B Sold out 0.00% −0.02
PG The Procter & Gamble Co. Sold out 0.00% −0.02
WFC Wells Fargo & Co. Sold out 0.00% −0.02
STZ Constellation Brands Inc. Class A Sold out 0.00% −0.02
TSLA Tesla Inc. Sold out 0.00% −0.02
QQQ Invesco QQQ Trust Series 1 Reduce -8.8% 0.14% −0.01
APH Amphenol Corp. Class A Reduce -30.0% 0.03% −0.01
TMO Thermo Fisher Scientific Inc. Reduce -0.5% 0.07% −0.01
BRK.B Berkshire Hathaway Inc. Class B Reduce -11.0% 0.06% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -12.7% 0.04% −0.01
XLF SS Financial Select Sector Reduce -3.5% 0.04% −0.00
V Visa Inc. Class A Reduce -1.1% 0.02% −0.00
IHE iShares US Pharmaceuticals E Reduce -14.0% 0.03% −0.00
DIA SS SPDR Dow Jones Indus Avg Reduce -4.2% 0.05% −0.00
XLV SS Health Care Select Sector Reduce -2.0% 0.05% −0.00
IJR iShares Core S&P Small-Cap E Reduce -7.4% 0.06% +0.00
MCD McDonald's Corp. Reduce -0.5% 0.04% +0.00
TT Trane Technologies PLC Reduce -3.9% 0.04% +0.00
AMJB Alerian MLP ETN2044 Reduce -1.5% 0.03% +0.01
DUK Duke Energy Corp. Reduce -1.4% 0.04% +0.01
LIN Linde PLC Reduce -8.8% 0.05% +0.01
NEE Nextera Energy Inc. Reduce -0.9% 0.04% +0.01
BND Vanguard Total Bond Market Reduce -1.1% 0.14% +0.01
SCHF Schwab Intl Equity ETF Reduce -2.8% 0.18% +0.01
PEP Pepsico Inc. Reduce -0.8% 0.10% +0.01
WMT Walmart Inc. Reduce -0.4% 0.11% +0.02
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -2.1% 0.24% +0.03
XOM Exxon Mobil Corp. Reduce -8.3% 0.10% +0.03
KLAC KLA Corp. Reduce -7.7% 0.18% +0.03

Portfolio Buys Q4 2025 → Q1 2026
PNFP Pinnacle Financial Partners New 1.61% +1.61
PERI Perion Network Ltd. Add +27.4% 4.88% +1.46
TH Target Hospitality Corp. Add +3.5% 4.42% +0.99
KKR KKR & Co. Inc. Add +46.2% 4.38% +0.54
MATW Matthews Intl Corp. Class A Add +12.4% 3.02% +0.49
IGV iShares Expanded Tech-Softwa New 0.42% +0.42
DVY iShares Select Dividend ETF New 0.41% +0.41
SNEX Stonex Group Inc. Add +39.1% 1.92% +0.40
BHB Bar Harbor Bankshares New 0.40% +0.40
LAKE Lakeland Industries Inc. Add +25.4% 1.26% +0.25
PSA Public Storage Add +126.7% 0.28% +0.17
EXR Extra Space Storage Inc. New 0.14% +0.14
NCLH Norwegian Cruise Line Holdin New 0.11% +0.11
RRC Range Resources Corp. Add +29.0% 0.21% +0.09
QCOM Qualcomm Inc. Add +91.6% 0.24% +0.08
SMA Smartstop Self Storage REIT New 0.08% +0.08
CUBE Cubesmart Add +6666.7% 0.08% +0.07
DT Dynatrace Inc. New 0.07% +0.07
FAS Dirx DLY Finacial B3X ETF-Ui Add +118.6% 0.19% +0.07
DON Wisdomtree US Midcap Dividen Add +6.5% 0.49% +0.07
PFE Pfizer Inc. Add +9.1% 0.28% +0.07
NOBL Proshares S&P 500 Dividend A Add +5.7% 0.50% +0.07
CEFS Saba Opport Hedg Cef ETF-Usd Add +9.9% 0.49% +0.07
TSCO Tractor Supply Company Add +46.4% 0.22% +0.06
PAYX Paychex Inc. Add +82.9% 0.17% +0.06
UHAL U-Haul Holding Co. New 0.06% +0.06
IJH iShares Core S&P Midcap ETF Add +8.9% 0.37% +0.06
COIN Coinbase Global Inc. Class A New 0.06% +0.06
PZZA Papa John's Intl Inc. Add +50.8% 0.21% +0.06
RKT Rocket Cos Inc. Class A New 0.05% +0.05
PGR Progressive Corp. Add +105.6% 0.10% +0.05
NSA National Storage Affiliates Add +12800.0% 0.05% +0.05
SELF Global Self Storage Inc. Add +762.9% 0.05% +0.05
VZ Verizon Communications Inc. Add +0.5% 0.19% +0.05
WTPI Wisdomtree Equity Premium Inc. Add +9.9% 0.37% +0.05
AMZN Amazon.com Inc. Add +15.7% 0.39% +0.04
HUM Humana Inc. New 0.04% +0.04
FE Firstenergy Corp. Add +7.1% 0.16% +0.04
SPY SS SPDR S&P 500 ETF Trust-US Add +2.4% 0.65% +0.03
JNJ Johnson & Johnson Add +0.0% 0.13% +0.03
KFRC Kforce Inc. New 0.03% +0.03
JBI Janus International Group Inc. New 0.03% +0.03
LHX L3HARRIS Technologies Inc. New 0.03% +0.03
VOO Vanguard S&P 500 ETF Add +37.6% 0.08% +0.02
FAST Fastenal Co. New 0.02% +0.02
VYM Vanguard High DVD Yield ETF Add +10.8% 0.11% +0.02
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd Add +10.7% 0.15% +0.02
IVV iShares Core S&P 500 ETF Add +3.4% 0.34% +0.02
CPB The Campbell's Company Add +28.8% 0.20% +0.02
EQWL Invesco S&P 100 Equal Weight Add +7.1% 0.15% +0.02

Options Activity Q4 2025 → Q1 2026
GOOGL Alphabet Inc. Class A put Sold out 18,500 $5.8Mbefore exit
PFE Pfizer Inc. call Reduce -59.7% 135,000 $3.8M
PYPL PayPal Holdings Inc. call Reduce -39.6% 67,000 $3.0M
CCL Carnival Corp. Ltd. call New 100,000 $2.6M
TGT Target Corp. call Sold out 25,500 $2.5Mbefore exit
CF CF Industries Holdings Inc. put New 15,100 $2.0M
CPB The Campbell's Company call New 85,000 $1.9M
CUBE Cubesmart call Reduce -43.9% 50,500 $1.9M
PAYX Paychex Inc. call Sold out 15,000 $1.7Mbefore exit
TQQQ Proshares Ultrapro QQQ put Sold out 28,000 $1.5Mbefore exit
HROW Harrow Inc. call Reduce -1.2% 41,000 $1.4M
RKT Rocket Cos Inc. Class A call New 75,000 $1.1M
PSA Public Storage call Sold out 4,000 $1.0Mbefore exit
PERI Perion Network Ltd. call New 100,000 $999K
NSA National Storage Affiliates call Sold out 30,000 $846Kbefore exit
CC The Chemours Co. call Reduce -73.2% 29,000 $639K
NCLH Norwegian Cruise Line Holdin call New 30,000 $561K
CF CF Industries Holdings Inc. call New 4,000 $519K
FMC FMC Corp. call Reduce -68.2% 27,000 $465K
BTU Peabody Energy Corp. call Sold out 15,500 $460Kbefore exit
DT Dynatrace Inc. call New 10,000 $370K
ASUR Asure Software Inc. call Sold out 13,400 $126Kbefore 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 2025 → Q1 2026
HIGHLAND OPP & INC FUND (HFRO 5.375 PERP A) PFD Reduce -5.8% 113,103 $1.9M
NATIONAL STORAGE AFFILIA (NSA 6 PERP A) PFD New 24,500 $555K
PUBLIC STORAGE (PSA 4.875 PERP I) Common Stock New 12,700 $236K
PUBLIC STORAGE (PSA 4.75 PERP K) PFD New 12,900 $234K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 175$1.1BQNST, HROW, TH, LGND, PERI
Q1 2026 173$979.0MHROW, QNST, PERI, TH, KKR
Q4 2025 164$1.1BHROW, QNST, KKR, AIOT, LGND
Q3 2025 147$1.1BHROW, QNST, BBSI, KKR, LGND
Q2 2025 137$985.6MQNST, HROW, BBSI, LNTH, BGC
Q1 2025 130$894.0MQNST, LNTH, HROW, BBSI, AIOT
Q4 2024 125$937.3MQNST, HROW, BBSI, TH, AIOT
Q3 2024 122$912.9MHROW, QNST, LNTH, KKR, BBSI
Q2 2024 128$843.2MQNST, HROW, TH, KKR, LNTH
Q1 2024 126$885.4MQNST, TH, KKR, BBSI, HROW