$430 Million is the total value of Cannell Capital's 52 reported holdings in Q3 2023. The portfolio turnover from Q2 2023 to Q3 2023 was 45.5% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BBW | Sell | BUILD-A-BEAR WORKSHOP INC | $30,555,343 | +28.6% | 1,038,944 | -6.3% | 7.11% | +49.9% |
| HCCI | Sell | HERITAGE CRYSTAL CLEAN INC | $30,400,781 | +12.4% | 670,359 | -6.3% | 7.08% | +31.1% |
| NOA | Sell | NORTH AMERN CONSTR GROUP LTD | $29,973,339 | -7.5% | 1,379,988 | -18.5% | 6.98% | +7.9% |
| ARLO | Buy | ARLO TECHNOLOGIES INC | $23,917,867 | +1.5% | 2,322,123 | +7.5% | 5.57% | +18.4% |
| TDW | Sell | TIDEWATER INC NEW | $21,391,146 | -22.6% | 300,987 | -39.6% | 4.98% | -9.8% |
| VVI | Sell | VIAD CORP | $18,823,966 | -19.8% | 718,472 | -17.7% | 4.38% | -6.5% |
| CVCO | Buy | CAVCO INDS INC DEL | $17,644,075 | -5.6% | 66,416 | +4.9% | 4.11% | +10.1% |
| TRUE | Buy | TRUECAR INC | $17,473,019 | -6.0% | 8,441,072 | +2.6% | 4.07% | +9.6% |
| INSE | Buy | INSPIRED ENTMT INC | $16,859,677 | +4.8% | 1,409,672 | +28.8% | 3.92% | +22.2% |
| OSUR | Buy | ORASURE TECHNOLOGIES INC | $16,726,105 | +61.5% | 2,820,591 | +36.5% | 3.89% | +88.3% |
| SPWH | Buy | SPORTSMANS WHSE HLDGS INC | $16,683,978 | -20.7% | 3,715,808 | +0.7% | 3.88% | -7.5% |
| MDXG | Buy | MIMEDX GROUP INC | $16,575,725 | +127.9% | 2,273,762 | +106.7% | 3.86% | +165.7% |
| TIPT | Buy | TIPTREE INC | $14,817,248 | +30.8% | 884,084 | +17.2% | 3.45% | +52.5% |
| SWKH | Sell | SWK HLDGS CORP | $12,972,519 | -7.5% | 823,652 | -1.7% | 3.02% | +7.9% |
| LPRO | Buy | OPEN LENDING CORP | $12,468,903 | +21.4% | 1,703,402 | +74.4% | 2.90% | +41.6% |
| TTSH | Sell | TILE SHOP HLDGS INC | $12,030,797 | -2.6% | 2,191,402 | -1.7% | 2.80% | +13.6% |
| Buy | COMPOSECURE INC | $11,409,540 | +59.8% | 1,768,921 | +70.0% | 2.66% | +86.3% | |
| LAZY | Buy | LAZYDAYS HLDGS INC | $9,794,394 | -22.4% | 1,288,736 | +18.0% | 2.28% | -9.5% |
| LINC | Sell | LINCOLN EDL SVCS CORP | $9,651,489 | +17.3% | 1,142,188 | -6.5% | 2.25% | +36.7% |
| LDI | Buy | LOANDEPOT INC | $9,281,885 | -3.1% | 5,396,445 | +19.5% | 2.16% | +13.0% |
| PINS | Sell | PINTEREST INCcl a | $8,343,350 | -38.1% | 308,670 | -37.4% | 1.94% | -27.9% |
| New | ZILLOW GROUP INCnote 2.750% 5/1 | $6,877,550 | – | 6,700,000 | +100.0% | 1.60% | – | |
| FTHM | Buy | FATHOM HOLDINGS INC | $6,311,274 | -29.7% | 1,546,881 | +23.1% | 1.47% | -18.0% |
| Sell | LEE ENTERPRISES INC | $6,282,743 | -21.1% | 586,624 | -1.6% | 1.46% | -8.0% | |
| Z | Sell | ZILLOW GROUP INCcl c cap stk | $5,017,454 | -36.0% | 108,697 | -30.4% | 1.17% | -25.4% |
| LPX | New | LOUISIANA PAC CORP | $4,700,382 | – | 85,044 | +100.0% | 1.09% | – |
| EEX | Buy | EMERALD HOLDING INC | $4,123,176 | +570.9% | 912,207 | +508.6% | 0.96% | +680.5% |
| New | CONTEXTLOGIC INCcl a new | $3,888,826 | – | 881,820 | +100.0% | 0.90% | – | |
| STIM | Buy | NEURONETICS INC | $3,825,876 | -35.7% | 2,833,982 | +2.4% | 0.89% | -25.1% |
| ASPS | New | ALTISOURCE PORTFOLIO SOLNS | $3,257,205 | – | 816,342 | +100.0% | 0.76% | – |
| NINE | New | NINE ENERGY SERVICE INC | $3,234,558 | – | 785,087 | +100.0% | 0.75% | – |
| New | ROOT INCcl a new | $2,795,208 | – | 293,923 | +100.0% | 0.65% | – | |
| AEYE | Sell | AUDIOEYE INC | $2,581,445 | -24.8% | 521,504 | -25.7% | 0.60% | -12.3% |
| VIAO | VIA OPTRONICS AGsponsored ads | $2,578,497 | -56.4% | 2,242,171 | 0.0% | 0.60% | -49.2% | |
| AMRK | A-MARK PRECIOUS METALS INC | $2,261,812 | -21.7% | 77,116 | 0.0% | 0.53% | -8.7% | |
| MNTX | MANITEX INTL INC | $2,045,049 | -14.2% | 437,912 | 0.0% | 0.48% | +0.2% | |
| MQ | MARQETA INC | $1,431,140 | +22.8% | 239,321 | 0.0% | 0.33% | +42.9% | |
| NTIP | NETWORK-1 TECHNOLOGIES INC | $1,251,687 | +1.3% | 534,909 | 0.0% | 0.29% | +17.8% | |
| Sell | MARKETWISE INC | $1,195,326 | -47.7% | 747,079 | -34.6% | 0.28% | -39.0% | |
| PPIH | Buy | PERMA-PIPE INTL HLDGS INC | $1,115,140 | -5.4% | 136,492 | +10.1% | 0.26% | +10.6% |
| AMTX | New | AEMETIS INCput | $1,037,500 | – | 250,000 | +100.0% | 0.24% | – |
| PNRG | Sell | PRIMEENERGY RESOURCES CORP | $916,321 | -5.2% | 7,900 | -24.8% | 0.21% | +10.4% |
| YNDX | YANDEX N V | $852,760 | -8.4% | 341,104 | 0.0% | 0.20% | +6.5% | |
| DGICA | DONEGAL GROUP INCcl a | $847,631 | -1.2% | 59,462 | 0.0% | 0.20% | +15.2% | |
| WINA | WINMARK CORP | $820,886 | +12.2% | 2,200 | 0.0% | 0.19% | +30.8% | |
| TTP | TORTOISE PIPELINE & ENERGY F | $732,181 | +2.3% | 26,140 | 0.0% | 0.17% | +18.9% | |
| TYG | TORTOISE ENERGY INFRA CORP | $622,506 | -0.5% | 21,540 | 0.0% | 0.14% | +16.0% | |
| GTX | GARRETT MOTION INC | $342,780 | +4.1% | 43,500 | 0.0% | 0.08% | +21.2% | |
| PMD | PSYCHEMEDICS CORP | $296,932 | -12.9% | 74,794 | 0.0% | 0.07% | +1.5% | |
| ELS | EQUITY LIFESTYLE PPTYS INC | $212,473 | -4.8% | 3,335 | 0.0% | 0.05% | +8.9% | |
| SSKN | STRATA SKIN SCIENCES INC | $209,209 | -37.4% | 351,611 | 0.0% | 0.05% | -26.9% | |
| CVR | New | CHICAGO RIVET & MACH CO | $202,441 | – | 11,486 | +100.0% | 0.05% | – |
| GOEDWS | Exit | POLISHED COM INC*w exp 06/02/202 | $0 | – | -1,799 | -100.0% | 0.00% | – |
| RICK | Exit | RCI HOSPITALITY HLDGS INC | $0 | – | -460 | -100.0% | -0.01% | – |
| DGICB | Exit | DONEGAL GROUP INCcl b | $0 | – | -3,000 | -100.0% | -0.01% | – |
| KEQU | Exit | KEWAUNEE SCIENTIFIC CORP | $0 | – | -2,482 | -100.0% | -0.01% | – |
| ESP | Exit | ESPEY MFG & ELECTRS CORP | $0 | – | -5,325 | -100.0% | -0.02% | – |
| Exit | OAKTREE SPECIALTY LENDING CO | $0 | – | -4,997 | -100.0% | -0.02% | – | |
| DMLP | Exit | DORCHESTER MINERALS LP | $0 | – | -3,700 | -100.0% | -0.02% | – |
| WLMS | Exit | WILLIAMS INDL SVCS GROUP INC | $0 | – | -344,748 | -100.0% | -0.03% | – |
| Exit | PROSHARES TR IIultra bloomberg | $0 | – | -2,500 | -100.0% | -0.03% | – | |
| Exit | AEMETIS INCput | $0 | – | -3,256 | -100.0% | -0.06% | – | |
| Exit | GAMBLING COM GROUP LIMITEDordinary shares | $0 | – | -35,000 | -100.0% | -0.07% | – | |
| RM | Exit | REGIONAL MGMT CORP | $0 | – | -29,428 | -100.0% | -0.18% | – |
| Exit | OTONOMO TECHNOLOGIES LTDordinary shares | $0 | – | -3,462,568 | -100.0% | -0.28% | – | |
| Exit | NEXTDOOR HOLDINGS INC | $0 | – | -512,508 | -100.0% | -0.33% | – | |
| WOW | Exit | WIDEOPENWEST INC | $0 | – | -591,937 | -100.0% | -1.00% | – |
| PRTS | Exit | CARPARTS COM INC | $0 | – | -1,985,332 | -100.0% | -1.68% | – |
| Exit | DOCGO INC | $0 | – | -938,965 | -100.0% | -1.76% | – | |
| MGNI | Exit | MAGNITE INC | $0 | – | -646,404 | -100.0% | -1.76% | – |
| GFF | Exit | GRIFFON CORP | $0 | – | -238,963 | -100.0% | -1.92% | – |
| QUOT | Exit | QUOTIENT TECHNOLOGY INC | $0 | – | -2,945,704 | -100.0% | -2.26% | – |
| WTTR | Exit | SELECT ENERGY SVCS INC | $0 | – | -1,913,352 | -100.0% | -3.09% | – |
| CRTO | Exit | CRITEO S Aspons ads | $0 | – | -634,278 | -100.0% | -4.27% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR/A filed 2023-11-22
About Cannell Capital
Cannell Capital is a well-known investment firm that specializes in small-cap stocks. The company was founded in 1992 by J. Carlo Cannell, who serves as the CEO and Chief Investment Officer. Cannell Capital has a reputation for being an activist investor, meaning that they take an active role in the companies they invest in, often pushing for changes in management or strategy.
One of the key figures at Cannell Capital is the COO, James A. Mitarotonda. Mitarotonda has been with the company since 1993 and is known for his expertise in corporate governance and shareholder activism. He has been involved in a number of high-profile proxy battles, including one with the restaurant chain Denny's in 2010.
Cannell Capital has a diverse portfolio of investments, with a focus on small-cap companies in the technology, healthcare, and consumer goods sectors. The company has a long-term investment strategy, often holding onto stocks for several years. This approach has led to some impressive returns for the firm's investors.
While Cannell Capital is known for its activism, the company also has a reputation for being a responsible investor. They take environmental, social, and governance (ESG) factors into account when making investment decisions, and have been recognized for their commitment to sustainability.
Overall, Cannell Capital is a respected player in the world of small-cap investing, with a track record of success and a commitment to responsible investing practices.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| BUILD-A-BEAR WORKSHOP INC | 42 | Q2 2024 | 7.1% |
| NETWORK-1 TECHNOLOGIES INC | 39 | Q2 2024 | 0.8% |
| A-MARK PRECIOUS METALS INC | 35 | Q2 2024 | 0.6% |
| BERKSHIRE HATHAWAY INC DEL | 28 | Q1 2020 | 2.1% |
| MANITEX INTL INC | 28 | Q2 2024 | 0.8% |
| HERITAGE CRYSTAL CLEAN INC | 27 | Q3 2023 | 7.1% |
| PERMA-PIPE INTL HLDGS INC | 27 | Q2 2024 | 1.9% |
| BERKSHIRE HATHAWAY INC DEL | 26 | Q3 2019 | 1.6% |
| NORTH AMERN CONSTR GROUP LTD | 25 | Q2 2024 | 9.3% |
| SANDRIDGE ENERGY INC | 25 | Q4 2022 | 4.5% |
View Cannell Capital's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| SPORTSMAN'S WAREHOUSE HOLDINGS, INC. | June 17, 2024 | 3,386,602 | 9.0% |
| BUILD-A-BEAR WORKSHOP INC | February 13, 2024 | 834,534 | 5.8% |
| CompoSecure, Inc. | February 13, 2024 | 1,679,456 | 9.9% |
| Fathom Holdings Inc. | February 13, 2024 | 1,644,578 | 8.0% |
| Galaxy Gaming, Inc. | February 13, 2024 | 1,417,265 | 5.7% |
| Inspired Entertainment, Inc. | February 13, 2024 | 1,564,923 | 5.9% |
| Lazydays Holdings, Inc. | February 13, 2024 | 1,324,551 | 9.4% |
| loanDepot, Inc. | February 13, 2024 | 4,330,177 | 5.3% |
| Neuronetics, Inc. | February 13, 2024 | 2,769,268 | 9.6% |
| North American Construction Group Ltd. | February 13, 2024 | 1,478,914 | 5.3% |
View Cannell Capital's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| N-PX | 2024-08-29 |
| 13F-HR | 2024-08-14 |
| SC 13G | 2024-06-17 |
| 13F-HR | 2024-05-15 |
| 13F-HR | 2024-02-14 |
| SC 13G/A | 2024-02-13 |
| SC 13G/A | 2024-02-13 |
| SC 13G/A | 2024-02-13 |
| SC 13G/A | 2024-02-13 |
| SC 13G/A | 2024-02-13 |
View Cannell Capital's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.