Wynnefield Capital Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Wynnefield Capital Inc. reported 23 stock positions worth $251.7 million. Its top holding was Natures Sunshine Prods (NATR) at 20.4% of the portfolio, followed by DLH (DLHC, 19.4%) and Cadre (CDRE, 18.6%). Compared with Q4 2023, it opened 2 new positions, sold out of 2, added to 3 and reduced 3. The biggest buy was Agnico Eagle Mines (AEM, shares +23%) and the biggest sale an exit from Catalent (CTLT).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001251567
Portfolio Value
$251.7M (Q1 2024)
SEC Filing
0001104659-24-061915 ↗ filed May 15, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $251.7M $251.7M Q1 2024 Q2 2024: $222.5M Q2 2024 Q3 2024: $224.7M Q3 2024 Q4 2024: $219.4M Q4 2024 Q1 2025: $158.0M Q1 2025 Q2 2025: $169.5M Q2 2025 Q3 2025: $166.4M Q3 2025 Q4 2025: $177.8M Q4 2025 Q1 2026: $147.5M Q1 2026 Q2 2026: $145.4M Q2 2026

Holdings 23 stocks · $251.7M
NATR Natures Sunshine Prods Inc. 20.41% 2,473,686 $51.4M No change
DLHC DLH Holdings Corp. filed as DLH HLDGS CORP 19.41% 3,681,421 $48.9M No change
CDRE Cadre Holdings Inc. 18.63% 1,295,240 $46.9M Reduce -10.0%
AEM Agnico Eagle Mines Ltd. 11.61% 490,000 $29.2M Add +22.5%
LFCR Lifecore Biomedical Inc. 10.39% 4,923,545 $26.1M No change
QRHC Quest Resource Holding Corp. 9.32% 2,734,349 $23.5M Add +1.1%
STKL Sunopta Inc. 4.84% 1,774,550 $12.2M No change
S&W SEED CO 0.82% 4,250,636 $2.1M No change
TLS Telos Corporation 0.66% 400,000 $1.7M No change
TPCS Techprecision Corp. 0.62% 433,605 $1.6M Add +7.4%
PAAS Pan American Silver Corp. 0.60% 100,000 $1.5M New
GLDD Great Lakes Dredge & Dock Co. 0.59% 169,266 $1.5M Reduce -21.0%
SIL Global X Silver Miners ETF 0.55% 50,000 $1.4M No change
HGBL Heritage Global Inc. 0.47% 446,030 $1.2M No change
NOTVQ Inotiv Inc. 0.35% 80,255 $878K Reduce -46.5%
AVD American Vanguard Corp. 0.26% 50,000 $648K New
APLS Apellis Pharmaceuticals Inc. 0.23% 10,000 $588K No change
SOTK Sono-Tek Corp. 0.10% 50,950 $249K No change
NNBR NN Inc. 0.05% 28,128 $133K No change
LEAT Leatt Corp. 0.04% 10,181 $93K No change
GVP Gse Systems Inc. 0.03% 30,000 $70K No change
RGS Regis Corp. 0.01% 4,999 $37K No change
SCTL Societal Cdmo Inc. 0.01% 13,000 $14K No change

Portfolio Sells Q4 2023 → Q1 2024
CTLT Catalent Inc. Sold out 0.00% −6.17
GLDD Great Lakes Dredge & Dock Co. Reduce -21.0% 0.59% −0.05
TURN 180 Degree Capital Corp. Sold out 0.00% −0.04
NOTVQ Inotiv Inc. Reduce -46.5% 0.35% +0.14
CDRE Cadre Holdings Inc. Reduce -10.0% 18.63% +0.33

Portfolio Buys Q4 2023 → Q1 2024
AEM Agnico Eagle Mines Ltd. Add +22.5% 11.61% +3.13
QRHC Quest Resource Holding Corp. Add +1.1% 9.32% +1.66
PAAS Pan American Silver Corp. New 0.60% +0.60
AVD American Vanguard Corp. New 0.26% +0.26
TPCS Techprecision Corp. Add +7.4% 0.62% −0.19

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 8$145.4MNATR, CDRE, LFCR, DLHC, AEM
Q1 2026 9$147.5MNATR, CDRE, DLHC, LFCR, AEM
Q4 2025 12$177.8MNATR, CDRE, LFCR, DLHC, STKL
Q3 2025 15$166.4MCDRE, NATR, LFCR, DLHC, STKL
Q2 2025 16$169.5MLFCR, NATR, CDRE, DLHC, AEM
Q1 2025 16$158.0MCDRE, LFCR, NATR, AEM, DLHC
Q4 2024 16$219.4MAEM, CDRE, NATR, LFCR, DLHC
Q3 2024 17$224.7MCDRE, AEM, DLHC, NATR, LFCR
Q2 2024 17$222.5MCDRE, DLHC, NATR, AEM, LFCR
Q1 2024 23$251.7MNATR, DLHC, CDRE, AEM, LFCR