$601 Million is the total value of Nantahala Capital Management's 91 reported holdings in Q1 2015. The portfolio turnover from Q4 2014 to Q1 2015 was 47.0% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IWM | Buy | ISHARES TRput | $93,278,000 | +20.0% | 750,000 | +15.4% | 15.52% | +42.2% |
| SPY | Sell | SPDR S&P 500 ETF TRput | $53,673,000 | -14.4% | 260,000 | -14.8% | 8.93% | +1.5% |
| SGMS | Sell | SCIENTIFIC GAMES CORPcall | $27,222,000 | -18.0% | 2,600,000 | -0.3% | 4.53% | -2.8% |
| New | IMPERIAL HLDGS INCnote 8.500% 2/1 | $18,475,000 | – | 14,770,000 | +100.0% | 3.07% | – | |
| PACIRA PHARMACEUTICALS INCnote 3.250% 2/0 | $18,260,000 | -0.3% | 5,100,000 | 0.0% | 3.04% | +18.1% | ||
| CDXS | Sell | CODEXIS INC | $16,703,000 | +78.8% | 3,662,918 | -1.2% | 2.78% | +112.0% |
| SGMS | Buy | SCIENTIFIC GAMES CORPcl a | $15,235,000 | +8.6% | 1,455,151 | +32.0% | 2.54% | +28.7% |
| SCLN | Buy | SCICLONE PHARMACEUTICALS INC | $13,490,000 | +10.8% | 1,522,625 | +9.6% | 2.24% | +31.4% |
| DRII | Sell | DIAMOND RESORTS INTL INC | $12,202,000 | -13.3% | 365,008 | -27.6% | 2.03% | +2.8% |
| NWSA | Sell | NEWS CORP NEWcl a | $11,812,000 | -10.1% | 737,800 | -11.9% | 1.96% | +6.5% |
| CROX | Buy | CROCS INC | $11,338,000 | +22.6% | 960,047 | +29.6% | 1.89% | +45.3% |
| XBI | New | SPDR SERIES TRUSTcall | $11,275,000 | – | 50,000 | +100.0% | 1.88% | – |
| TBBK | Buy | BANCORP INC DEL | $10,996,000 | -6.4% | 1,217,689 | +12.8% | 1.83% | +10.8% |
| ORM | Buy | OWENS RLTY MTG INC | $10,697,000 | +34.9% | 714,088 | +31.9% | 1.78% | +59.9% |
| BPI | Buy | BRIDGEPOINT ED INC | $10,625,000 | +12.9% | 1,100,995 | +32.5% | 1.77% | +33.9% |
| ESINQ | Buy | ITT EDUCATIONAL SERVICES INCcall | $10,047,000 | -24.8% | 1,479,600 | +6.4% | 1.67% | -10.8% |
| IFT | IMPERIAL HLDGS INC | $9,657,000 | +6.9% | 1,385,460 | 0.0% | 1.61% | +26.7% | |
| ISIS PHARMACEUTICALS INC DELnote 2.750%10/0 | $9,650,000 | +3.6% | 2,500,000 | 0.0% | 1.61% | +22.8% | ||
| LVNTA | Sell | LIBERTY INTERACTIVE CORP | $9,160,000 | -9.3% | 218,035 | -18.6% | 1.52% | +7.5% |
| QADA | Buy | QAD INCcl a | $8,753,000 | +230.2% | 361,685 | +208.6% | 1.46% | +291.4% |
| CRWN | Buy | CROWN MEDIA HLDGS INCcl a | $8,593,000 | +21.2% | 2,148,126 | +7.2% | 1.43% | +43.7% |
| TWMC | Buy | TRANS WORLD ENTMT CORP | $8,355,000 | +13.1% | 2,257,974 | +0.5% | 1.39% | +34.0% |
| RM | Sell | REGIONAL MGMT CORP | $7,535,000 | -27.1% | 510,502 | -21.9% | 1.25% | -13.6% |
| CASH | New | META FINL GROUP INC | $7,418,000 | – | 186,710 | +100.0% | 1.23% | – |
| SODA | Buy | SODASTREAM INTERNATIONAL LTD | $7,395,000 | +48.0% | 365,000 | +46.9% | 1.23% | +75.5% |
| WRLD | WORLD ACCEP CORP DELcall | $7,292,000 | -8.2% | 100,000 | 0.0% | 1.21% | +8.8% | |
| CTRN | Buy | CITI TRENDS INC | $6,781,000 | +57.5% | 251,145 | +47.3% | 1.13% | +86.8% |
| RLGT | Buy | RADIANT LOGISTICS INC | $6,731,000 | +27.0% | 1,299,360 | +3.7% | 1.12% | +50.5% |
| FNTCU | New | FINTECH ACQUISITION CORP*unit 99/99/9999 | $6,728,000 | – | 650,000 | +100.0% | 1.12% | – |
| LTM | Sell | LIFE TIME FITNESS INC | $6,382,000 | -59.9% | 89,944 | -68.0% | 1.06% | -52.4% |
| SPY | Sell | SPDR S&P 500 ETF TRcall | $6,193,000 | -81.2% | 30,000 | -81.2% | 1.03% | -77.7% |
| SURG | Sell | SYNERGETICS USA INC | $6,008,000 | +20.2% | 1,114,585 | -3.0% | 1.00% | +42.5% |
| ESINQ | Buy | ITT EDUCATIONAL SERVICES INC | $5,847,000 | +52.9% | 861,150 | +116.4% | 0.97% | +81.2% |
| BCOV | Sell | BRIGHTCOVE INC | $5,389,000 | -8.9% | 735,166 | -3.3% | 0.90% | +8.1% |
| RBCAA | Buy | REPUBLIC BANCORP KYcl a | $5,169,000 | +5.2% | 209,035 | +5.2% | 0.86% | +24.6% |
| FALC | Sell | FALCONSTOR SOFTWARE INC | $5,154,000 | +14.7% | 3,325,052 | -0.9% | 0.86% | +36.0% |
| SXC | Buy | SUNCOKE ENERGY INC | $5,086,000 | -10.5% | 340,442 | +15.9% | 0.85% | +6.1% |
| URI | UNITED RENTALS INCcall | $4,941,000 | -10.6% | 54,200 | 0.0% | 0.82% | +5.9% | |
| FCFS | New | FIRST CASH FINL SVCS INC | $4,885,000 | – | 105,000 | +100.0% | 0.81% | – |
| EPM | Buy | EVOLUTION PETROLEUM CORP | $4,786,000 | -14.4% | 804,324 | +6.9% | 0.80% | +1.4% |
| LACO | Buy | LAKES ENTMNT INC | $4,775,000 | +59.6% | 557,816 | +25.3% | 0.79% | +89.0% |
| LENB | LENNAR CORPcl b | $4,710,000 | +13.8% | 114,604 | 0.0% | 0.78% | +34.9% | |
| DLB | Buy | DOLBY LABORATORIES INC | $4,414,000 | +35.3% | 115,672 | +52.9% | 0.73% | +60.3% |
| TFSL | Buy | TFS FINL CORP | $4,185,000 | +3.7% | 285,087 | +5.1% | 0.70% | +22.8% |
| PTIE | Buy | PAIN THERAPEUTICS INC | $4,144,000 | +17.5% | 2,192,353 | +26.2% | 0.69% | +39.2% |
| AL | Sell | AIR LEASE CORPcall | $4,114,000 | -62.1% | 109,000 | -65.5% | 0.68% | -55.1% |
| FCAU | New | FIAT CHRYSLER AUTOMOBILES N | $4,078,000 | – | 250,000 | +100.0% | 0.68% | – |
| PIP | Buy | PHARMATHENE INC | $4,065,000 | -3.1% | 2,493,983 | +7.6% | 0.68% | +14.8% |
| QADB | Buy | QAD INCcl b | $3,930,000 | +8.7% | 196,476 | +2.2% | 0.65% | +29.0% |
| ARQL | New | ARQULE INC | $3,877,000 | – | 1,730,859 | +100.0% | 0.64% | – |
| LINC | Buy | LINCOLN EDL SVCS CORP | $3,381,000 | +55.7% | 1,509,374 | +94.6% | 0.56% | +84.6% |
| FCAU | New | FIAT CHRYSLER AUTOMOBILES Ncall | $3,262,000 | – | 200,000 | +100.0% | 0.54% | – |
| PERY | Sell | ELLIS PERRY INTL INC | $3,195,000 | -32.6% | 137,957 | -24.6% | 0.53% | -20.0% |
| RM | Buy | REGIONAL MGMT CORPcall | $3,104,000 | -4.2% | 210,300 | +2.6% | 0.52% | +13.4% |
| NRC | NATIONAL RESH CORPcl a | $2,942,000 | +2.9% | 204,273 | 0.0% | 0.49% | +21.9% | |
| WHF | Buy | WHITEHORSE FIN INC | $2,863,000 | +111.0% | 230,515 | +96.2% | 0.48% | +150.5% |
| RLH | Sell | RED LION HOTELS CORP | $2,832,000 | -23.8% | 424,647 | -27.6% | 0.47% | -9.8% |
| KERX | KERYX BIOPHARMACEUTICALS INCput | $2,661,000 | -10.0% | 209,000 | 0.0% | 0.44% | +6.7% | |
| DVD | Buy | DOVER MOTORSPORTS INC | $2,521,000 | +2.5% | 1,063,569 | +10.9% | 0.42% | +21.4% |
| CVO | Buy | CENVEO INC | $2,377,000 | +7.1% | 1,110,756 | +5.1% | 0.40% | +26.6% |
| MDWCQ | Buy | MIDWAY GOLD CORP | $2,186,000 | -47.8% | 7,143,441 | +16.9% | 0.36% | -38.1% |
| CSH | New | CASH AMER INTL INC | $2,183,000 | – | 93,676 | +100.0% | 0.36% | – |
| JAZZ | JAZZ PHARMACEUTICALS PLCput | $2,160,000 | +5.5% | 12,500 | 0.0% | 0.36% | +25.1% | |
| CROX | Buy | CROCS INCcall | $2,089,000 | +0.2% | 176,900 | +6.0% | 0.35% | +18.8% |
| New | CASTLE A M & COnote 7.000%12/1 | $2,062,000 | – | 3,000,000 | +100.0% | 0.34% | – | |
| EMMS | Buy | EMMIS COMMUNICATIONS CORPcl a | $2,025,000 | +41.4% | 1,017,781 | +32.9% | 0.34% | +67.7% |
| LL | New | LUMBER LIQUIDATORS HLDGS INCcall | $1,416,000 | – | 46,000 | +100.0% | 0.24% | – |
| SODA | SODASTREAM INTERNATIONAL LTDcall | $1,317,000 | +0.7% | 65,000 | 0.0% | 0.22% | +19.0% | |
| OCN | New | OCWEN FINL CORPcall | $1,238,000 | – | 150,000 | +100.0% | 0.21% | – |
| UTI | New | UNIVERSAL TECHNICAL INST INC | $1,059,000 | – | 110,316 | +100.0% | 0.18% | – |
| SGYPQ | New | SYNERGY PHARMACEUTICALS DEL | $657,000 | – | 142,209 | +100.0% | 0.11% | – |
| ADEP | Sell | ADEPT TECHNOLOGY INC | $624,000 | -81.3% | 101,509 | -73.6% | 0.10% | -77.8% |
| BPI | Sell | BRIDGEPOINT ED INCcall | $627,000 | -84.9% | 65,000 | -82.3% | 0.10% | -82.2% |
| FULL | Sell | FULL CIRCLE CAP CORP | $525,000 | -71.6% | 149,055 | -63.5% | 0.09% | -66.4% |
| DDE | New | DOVER DOWNS GAMING & ENTMT I | $232,000 | – | 198,636 | +100.0% | 0.04% | – |
| IYR | Exit | ISHARES TRu.s. real es etf | $0 | – | -2 | -100.0% | 0.00% | – |
| ADEP | Exit | ADEPT TECHNOLOGY INCcall | $0 | – | -13,300 | -100.0% | -0.02% | – |
| CACH | Exit | CACHE INC | $0 | – | -1,727,057 | -100.0% | -0.05% | – |
| ADNC | Exit | AUDIENCE INC | $0 | – | -115,941 | -100.0% | -0.07% | – |
| Exit | IMPERIAL HLDGS INCdebt 8.500% 2/1 | $0 | – | -1,131,000 | -100.0% | -0.19% | – | |
| IYR | Exit | ISHARES TRput | $0 | – | -20,000 | -100.0% | -0.22% | – |
| RCII | Exit | RENT A CTR INC NEWcall | $0 | – | -42,900 | -100.0% | -0.22% | – |
| SHOS | Exit | SEARS HOMETOWN & OUTLET STOR | $0 | – | -133,789 | -100.0% | -0.25% | – |
| BID | Exit | SOTHEBYScall | $0 | – | -55,600 | -100.0% | -0.34% | – |
| CONN | Exit | CONNS INCcall | $0 | – | -150,000 | -100.0% | -0.39% | – |
| CASLQ | Exit | CASTLE A M & CO | $0 | – | -430,492 | -100.0% | -0.48% | – |
| PIR | Exit | PIER 1 IMPORTS INC | $0 | – | -236,100 | -100.0% | -0.51% | – |
| T104PS | Exit | AMERICAN RLTY CAP PPTYS INCput | $0 | – | -602,100 | -100.0% | -0.76% | – |
| OCN | Exit | OCWEN FINL CORP | $0 | – | -410,300 | -100.0% | -0.87% | – |
| CSBK | Exit | CLIFTON BANCORP INC | $0 | – | -487,400 | -100.0% | -0.93% | – |
| BIRT | Exit | ACTUATE CORP | $0 | – | -1,186,033 | -100.0% | -1.10% | – |
| LNKD | Exit | LINKEDIN CORPput | $0 | – | -35,900 | -100.0% | -1.16% | – |
| PGTI | Exit | PGT INC | $0 | – | -875,731 | -100.0% | -1.18% | – |
| T104PS | Exit | AMERICAN RLTY CAP PPTYS INC | $0 | – | -1,050,000 | -100.0% | -1.33% | – |
| Exit | XPO LOGISTICS INCnote 4.500/0 | $0 | – | -4,135,000 | -100.0% | -1.49% | – | |
| IBB | Exit | ISHARES TRput | $0 | – | -41,300 | -100.0% | -1.76% | – |
| DFODQ | Exit | DEAN FOODS CO NEWcall | $0 | – | -646,800 | -100.0% | -1.76% | – |
| SHLDQ | Exit | SEARS HLDGS CORPcall | $0 | – | -403,800 | -100.0% | -2.79% | – |
| GLD | Exit | SPDR GOLD TRUSTput | $0 | – | -245,500 | -100.0% | -3.91% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR/A filed 2015-08-14
About Nantahala Capital Management
Nantahala Capital Management is a hedge fund that was founded in 2004 by Wil Harkey. The firm is headquartered in Connecticut and has additional offices in New York and North Carolina. Nantahala Capital Management primarily invests in the technology, healthcare, and consumer sectors. The firm has a long-term investment approach and seeks to identify undervalued companies with strong growth potential.
Wil Harkey serves as the CEO and Chief Investment Officer of Nantahala Capital Management. He has over 20 years of experience in the finance industry and previously worked at Goldman Sachs and Maverick Capital. In addition to Harkey, the firm's leadership team includes COO and General Counsel, David Kozak, and CFO, Michael Kozak.
Nantahala Capital Management has a strong track record of generating positive returns for its investors. The firm's flagship fund, the Nantahala Fund, has delivered an annualized return of over 20% since its inception in 2006. The firm's success can be attributed to its disciplined investment approach and focus on long-term value creation.
Overall, Nantahala Capital Management is a well-respected hedge fund with a talented leadership team and a strong track record of performance. However, as with any investment, it is important for investors to conduct their own due diligence and carefully consider the risks before investing in the firm's funds.
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 |
|---|---|---|---|
| ISHARES TR | 42 | Q3 2023 | 27.2% |
| CODEXIS INC | 42 | Q3 2023 | 3.9% |
| PATHWARD FINANCIAL INC | 35 | Q3 2023 | 6.3% |
| SCIENTIFIC GAMES CORP | 34 | Q3 2022 | 5.3% |
| DOVER MOTORSPORTS INC | 34 | Q3 2021 | 0.5% |
| GOLDEN ENTMT INC | 33 | Q3 2023 | 2.1% |
| QAD INC | 32 | Q3 2021 | 2.6% |
| SCIENTIFIC GAMES CORP | 31 | Q4 2021 | 7.7% |
| DOLBY LABORATORIES INC | 31 | Q4 2020 | 5.6% |
| LINCOLN EDL SVCS CORP | 31 | Q4 2021 | 0.7% |
View Nantahala Capital Management's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| AYTU BIOPHARMA, INC | June 16, 2023 | 1,086,812 | 19.7% |
| Acer Therapeutics Inc. | February 14, 2023 | 1,226,191 | 7.5% |
| Aeglea BioTherapeutics, Inc. | February 14, 2023 | 4,611,302 | 7.5% |
| AKUMIN INC. | February 14, 2023 | 2,206,960 | 2.5% |
| ALTA EQUIPMENT GROUP INC. | February 14, 2023 | 1,188,985 | 3.7% |
| Apollo Endosurgery, Inc. | February 14, 2023 | 4,056,627 | 9.9% |
| Autolus Therapeutics plc | February 14, 2023 | 7,782,018 | 4.7% |
| Bioventus Inc. | February 14, 2023 | 3,168,574 | 5.1% |
| CATALYST BIOSCIENCES, INC. | February 14, 2023 | 438,055 | 1.4% |
| Drive Shack Inc. | February 14, 2023 | 6,500,000 | 7.0% |
View Nantahala Capital Management's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 4 | 2024-03-21 |
| 4 | 2024-03-15 |
| SC 13G | 2024-03-11 |
| 13F-HR/A | 2024-02-15 |
| 13F-HR | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
| SC 13G/A | 2024-02-14 |
View Nantahala Capital Management'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.