Worth Venture Partners, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Worth Venture Partners, LLC reported 38 stock positions worth $12.1 million. Its top holding was Radcom (RDCM) at 18.0% of the portfolio, followed by Silicom (SILC, 11.6%) and Cto Realty Growth (CTO, 4.0%). Compared with Q1 2025, it opened 20 new positions, sold out of 11, added to 9 and reduced 5. The biggest buy was a new position in Arteris (AIP) and the biggest sale an exit from People (PPLI).

Most Recent 13F
Q2 2026
Location
FORT LEE, NJ
CIK
0001696778
Portfolio Value
$12.1M (Q2 2025)
SEC Filing
0001214659-25-011877 ↗ filed Aug 13, 2025

Holdings Value

0$5.0M$10.0M$15.0M$20.0M$25.0M Q1 2024: $14.3M Q1 2024 Q2 2024: $12.8M Q2 2024 Q3 2024: $13.3M Q3 2024 Q4 2024: $10.1M Q4 2024 Q1 2025: $12.9M Q1 2025 Q2 2025: $12.1M $12.1M Q2 2025 Q3 2025: $20.8M Q3 2025 Q4 2025: $13.8M Q4 2025 Q1 2026: $14.0M Q1 2026 Q2 2026: $20.1M Q2 2026

Holdings 38 stocks · $12.1M
RDCM Radcom Ltd. 18.03% 160,939 $2.2M Reduce -10.3%
SILC Silicom Ltd. 11.61% 89,845 $1.4M Reduce -2.5%
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW 3.98% 28,002 $483K Add +4.5%
AIP Arteris Inc. 3.71% 47,285 $451K New
PGY Pagaya Technologies Ltd. Class A 3.52% 20,000 $426K New
OPRA Opera Ltd.-ADR 3.33% 21,350 $404K Add +35.9%
ALLT Allot Ltd. 2.96% 41,995 $359K New
ALCO Alico Inc. 2.70% 10,038 $328K No change
TTGT Techtarget Inc. 2.70% 42,162 $328K Reduce -11.0%
ADTN Adtran Holdings Inc. 2.70% 36,467 $327K Add +24.8%
CECO Ceco Environmental Corp. 2.57% 11,000 $311K New
DAVE Dave Inc. 2.54% 1,150 $309K New
ELME Elme Communities 2.54% 19,400 $308K New
NOK Nokia Corp.-Spon ADR 2.35% 55,000 $285K Add +10.0%
STRW Strawberry Fields REIT Inc. 2.25% 25,900 $273K Add +36.3%
UPST Upstart Holdings Inc. 2.13% 4,000 $259K New
LAMR Lamar Advertising Co. Class A 2.00% 2,000 $243K No change
AVNW Aviat Networks Inc. 1.98% 10,000 $241K New
VXX Ipath Series B S&P 500 Vix filed as BARCLAYS BANK PLC 1.98% 5,000 $240K New
AIV Apartment Invt & Mgmt Co. Class A 1.97% 27,600 $239K No change
SRG Seritage Growth Prop- A 1.97% 77,500 $239K Add +19.8%
CUBE Cubesmart 1.96% 5,600 $238K New
PLYM Plymouth Industrial REIT Inc. 1.93% 14,600 $234K No change
RBBN Ribbon Communications Inc. 1.84% 55,564 $223K Add +9.9%
AHRT Ah Realty Trust Inc. filed as ARMADA HOFFLER PPTYS INC 1.81% 32,000 $220K Add +3.9%
PPTA Perpetua Resources Corp. 1.75% 17,500 $212K New
IVT Inventrust Properties Corp. 1.72% 7,600 $208K New
BDN Brandywine Realty Trust 1.71% 48,300 $207K Add +36.8%
WULF Terawulf Inc. 1.62% 45,000 $197K New
PERI Perion Network Ltd. 1.46% 17,500 $178K New
HUDSON PAC PPTYS INC 1.04% 45,900 $126K Reduce -33.0%
BTBT Bit Digital Inc. 0.90% 50,000 $110K New
NB Niocorp Developments Ltd. 0.62% 32,500 $76K New
SHLS Shoals Technologies Group -A 0.61% 17,500 $74K New
APPS Digital Turbine Inc. 0.61% 12,500 $74K New
BLNE Beeline Holdings Inc. 0.58% 47,758 $71K New
AREC American Resources Corp. 0.17% 25,000 $21K New
SQNS Sequans Communications S A 0.12% 10,000 $15K Reduce -63.6%
Other holdings (3): bonds, preferreds, convertibles and warrants · $53.1M (not counted above)
SecurityClassShares / PrincipalValueChange
MIDDLEBY CORP (MIDD 1 09/01/25) NOTE 1.000% 9/0 · principal 21,500,000$24.2MAdd +514.3%
GUESS INC (GES 3.75 04/15/28) NOTE 3.750% 4/1 · principal 25,000,000$23.7MAdd +232.8%
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal 3,700,000$5.2MNew

Total filed on the 13F, all lines: $65.2M.

Portfolio Sells Q1 2025 → Q2 2025
PPLI People Inc. Sold out 0.00% −23.67
THRY Thryv Holdings Inc. Sold out 0.00% −4.20
TTGT Techtarget Inc. Reduce -11.0% 2.70% −2.76
FORR Forrester Research Inc. Sold out 0.00% −2.59
SPG Simon Property Group Inc. Sold out 0.00% −2.13
MGTX Meiragtx Holdings PLC Sold out 0.00% −1.69
KRG Kite Realty Group Trust Sold out 0.00% −1.57
AIOT Powerfleet Inc. Sold out 0.00% −1.56
CAPR Capricor Therapeutics Inc. Sold out 0.00% −1.21
VIAV Viavi Solutions Inc. Sold out 0.00% −0.87
HUDSON PAC PPTYS INC Reduce -33.0% 1.04% −0.54
CRNT Ceragon Networks Ltd. Sold out 0.00% −0.37
SQNS Sequans Communications S A Reduce -63.6% 0.12% −0.33
PL Planet Labs PBC Sold out 0.00% −0.26
SILC Silicom Ltd. Reduce -2.5% 11.61% +0.95
RDCM Radcom Ltd. Reduce -10.3% 18.03% +2.08

Portfolio Buys Q1 2025 → Q2 2025
AIP Arteris Inc. New 3.71% +3.71
PGY Pagaya Technologies Ltd. Class A New 3.52% +3.52
ALLT Allot Ltd. New 2.96% +2.96
CECO Ceco Environmental Corp. New 2.57% +2.57
DAVE Dave Inc. New 2.54% +2.54
ELME Elme Communities New 2.54% +2.54
UPST Upstart Holdings Inc. New 2.13% +2.13
AVNW Aviat Networks Inc. New 1.98% +1.98
VXX Ipath Series B S&P 500 Vix New 1.98% +1.98
CUBE Cubesmart New 1.96% +1.96
PPTA Perpetua Resources Corp. New 1.75% +1.75
IVT Inventrust Properties Corp. New 1.72% +1.72
WULF Terawulf Inc. New 1.62% +1.62
PERI Perion Network Ltd. New 1.46% +1.46
OPRA Opera Ltd.-ADR Add +35.9% 3.33% +1.38
BTBT Bit Digital Inc. New 0.90% +0.90
ADTN Adtran Holdings Inc. Add +24.8% 2.70% +0.71
NB Niocorp Developments Ltd. New 0.62% +0.62
SHLS Shoals Technologies Group -A New 0.61% +0.61
APPS Digital Turbine Inc. New 0.61% +0.61
BLNE Beeline Holdings Inc. New 0.58% +0.58
STRW Strawberry Fields REIT Inc. Add +36.3% 2.25% +0.49
BDN Brandywine Realty Trust Add +36.8% 1.71% +0.48
SRG Seritage Growth Prop- A Add +19.8% 1.97% +0.34
NOK Nokia Corp.-Spon ADR Add +10.0% 2.35% +0.30
RBBN Ribbon Communications Inc. Add +9.9% 1.84% +0.29
AREC American Resources Corp. New 0.17% +0.17
AHRT Ah Realty Trust Inc. Add +3.9% 1.81% +0.01
CTO Cto Realty Growth Inc. Add +4.5% 3.98% −0.04

Notes & Other Activity Q1 2025 → Q2 2025
MIDDLEBY CORP (MIDD 1 09/01/25) NOTE 1.000% 9/0 · principal Add +514.3% 21,500,000 $24.2M
GUESS INC (GES 3.75 04/15/28) NOTE 3.750% 4/1 · principal Add +232.8% 25,000,000 $23.7M
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) NOTE 0.375% 9/0 · principal Sold out 6,500,000 $6.3Mbefore exit
SHOPIFY INC (SHOPCN 0.125 11/01/25) NOTE 0.125%11/0 · principal Sold out 6,000,000 $6.0Mbefore exit
AMERICAN AIRLINES GROUP (AAL 6.5 07/01/25) NOTE 6.500% 7/0 · principal Sold out 6,000,000 $6.0Mbefore exit
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) NOTE 0.875%12/0 · principal Sold out 4,750,000 $5.8Mbefore exit
NUTANIX INC (NTNX 0.25 10/01/27) NOTE 0.250%10/0 · principal New 3,700,000 $5.2M
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal Sold out 4,500,000 $4.4Mbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 61$20.1MGOSS, OPRA, CSR, NOK, INDI
Q1 2026 52$14.0MALM, ADTN, VXX, CSR, CTO
Q4 2025 52$13.8MOPRA, ALM, CTO, ADTN, CSR
Q3 2025 59$20.8MRDCM, OPRA, SILC, ADTN, AIP
Q2 2025 38$12.1MRDCM, SILC, CTO, AIP, PGY
Q1 2025 29$12.9MPPLI, RDCM, SILC, TTGT, THRY
Q4 2024 33$10.1MRDCM, SILC, AIP, TTGT, OPRA
Q3 2024 41$13.3MRDCM, JNJ, AIP, WEAV, SILC
Q2 2024 44$12.8MJNJ, WEAV, ITI, PFE, RDCM
Q1 2024 48$14.3MJNJ, AIP, IHI, ITI, WEAV