Towerview LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 5, 2026), Towerview LLC reported 15 stock positions worth $154.8 million. Its top holding was Tejon Ranch (TRC) at 46.8% of the portfolio, followed by Stealthgas (GASS, 16.0%) and Saga Communications Class A (SGA, 8.8%). Compared with Q4 2025, it added to 3 and reduced 5. The biggest buy was Seritage Growth Prop- A (SRG, shares +29%) and the biggest sale Alico (ALCO, shares −18%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001166573
Portfolio Value
$154.8M (Q1 2026)
SEC Filing
0001140361-26-019095 ↗ filed May 5, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $150.7M Q1 2024 Q2 2024: $152.6M Q2 2024 Q3 2024: $154.9M Q3 2024 Q4 2024: $139.2M Q4 2024 Q1 2025: $139.0M Q1 2025 Q2 2025: $140.3M Q2 2025 Q3 2025: $137.4M Q3 2025 Q4 2025: $137.8M Q4 2025 Q1 2026: $154.8M $154.8M Q1 2026 Q2 2026: $152.5M Q2 2026

Holdings 15 stocks · $154.8M
TRC Tejon Ranch Co. 46.80% 3,845,500 $72.4M No change
GASS Stealthgas Inc. 15.96% 2,690,958 $24.7M Reduce -12.3%
SGA Saga Communications Inc. Class A 8.77% 1,161,144 $13.6M No change
ACI Albertsons Cos Inc. Class A 7.70% 700,000 $11.9M Add +11.1%
SIRI Sirius XM Holdings Inc. 5.00% 335,300 $7.7M No change
LE Lands' End Inc. 4.30% 592,701 $6.7M Add +37.5%
ALMS Alumis Inc. 3.16% 222,294 $4.9M Reduce -55.1%
ALCO Alico Inc. 2.27% 85,000 $3.5M Reduce -18.5%
SRG Seritage Growth Prop- A 1.87% 1,030,000 $2.9M Add +28.8%
GYRO Gyrodyne LLC 1.62% 338,107 $2.5M No change
OABI Omniab Inc. 1.01% 1,000,000 $1.6M No change
CRVS Corvus Pharmaceuticals Inc. 0.66% 70,000 $1.0M Reduce -50.0%
IMPP Imperial Petroleum Inc. 0.53% 190,000 $813K Reduce -5.0%
CTRM Castor Maritime Inc. 0.29% 240,000 $444K No change
WEN The Wendy's Co. 0.07% 14,500 $101K No change

Options reported separately and not counted above: ALBERTSONS COS INC calls ($141K).

Portfolio Sells Q4 2025 → Q1 2026
ALCO Alico Inc. Reduce -18.5% 2.27% −0.49
ALMS Alumis Inc. Reduce -55.1% 3.16% −0.34
CRVS Corvus Pharmaceuticals Inc. Reduce -50.0% 0.66% −0.12
IMPP Imperial Petroleum Inc. Reduce -5.0% 0.53% −0.00
GASS Stealthgas Inc. Reduce -12.3% 15.96% +0.33

Portfolio Buys Q4 2025 → Q1 2026
SRG Seritage Growth Prop- A Add +28.8% 1.87% −0.02
ACI Albertsons Cos Inc. Class A Add +11.1% 7.70% −0.15
LE Lands' End Inc. Add +37.5% 4.30% −0.24

Options Activity Q4 2025 → Q1 2026
ALBERTSONS COS INC call Reduce -40.0% 150,000 $141K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 16$152.5MTRC, GASS, ACI, SGA, LE
Q1 2026 15$154.8MTRC, GASS, SGA, ACI, SIRI
Q4 2025 15$137.8MTRC, GASS, SGA, ACI, SIRI
Q3 2025 16$137.4MTRC, GASS, SGA, ACI, SIRI
Q2 2025 20$140.3MTRC, GASS, SGA, ACI, SIRI
Q1 2025 24$139.0MTRC, GASS, SGA, ACI, SIRI
Q4 2024 23$139.2MTRC, GASS, SGA, ACI, SIRI
Q3 2024 25$154.9MTRC, GASS, SGA, ACI, SIRI
Q2 2024 26$152.6MTRC, SGA, GASS, ACI, LSXMK
Q1 2024 26$150.7MTRC, SGA, GASS, ACI, SRG