$2.04 Billion is the total value of Nantahala Capital Management's 82 reported holdings in Q3 2017. The portfolio turnover from Q2 2017 to Q3 2017 was 30.2% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IWM | Buy | ISHARES TRput | $545,302,000 | +101.5% | 3,680,000 | +91.7% | 26.74% | +24.6% |
| SPY | Buy | SPDR S&P 500 ETF TRput | $175,861,000 | +142.4% | 700,000 | +133.3% | 8.62% | +49.8% |
| SPY | Buy | SPDR S&P 500 ETF TRcall | $150,738,000 | +211.7% | 600,000 | +200.0% | 7.39% | +92.7% |
| SGMS | Buy | SCIENTIFIC GAMES CORPcall | $143,969,000 | +87.6% | 3,140,000 | +6.8% | 7.06% | +16.0% |
| EXAS | Buy | EXACT SCIENCES CORPput | $98,952,000 | +99.8% | 2,100,000 | +50.0% | 4.85% | +23.5% |
| RH | Buy | RHcall | $84,384,000 | +51.5% | 1,200,000 | +39.0% | 4.14% | -6.3% |
| AABA | Sell | ALTABA INC | $67,677,000 | +11.7% | 1,021,691 | -8.2% | 3.32% | -31.0% |
| DLB | Sell | DOLBY LABORATORIES INC | $44,543,000 | +0.8% | 774,397 | -14.2% | 2.18% | -37.7% |
| CDXS | Buy | CODEXIS INC | $43,230,000 | +22.2% | 6,500,679 | +0.2% | 2.12% | -24.4% |
| FCAU | Buy | FIAT CHRYSLER AUTOMOBILES Ncall | $39,402,000 | +307.4% | 2,200,000 | +175.0% | 1.93% | +151.9% |
| WRLD | Buy | WORLD ACCEP CORP DEL | $37,040,000 | +11.4% | 446,861 | +0.7% | 1.82% | -31.2% |
| CASH | Buy | META FINL GROUP INC | $35,119,000 | -9.9% | 447,952 | +2.3% | 1.72% | -44.3% |
| SODA | Sell | SODASTREAM INTERNATIONAL LTD | $33,225,000 | +3.8% | 500,000 | -16.4% | 1.63% | -35.8% |
| LXFR | Buy | LUXFER HLDGS PLCsponsored adr | $29,353,000 | +7.7% | 2,357,651 | +10.7% | 1.44% | -33.4% |
| WRLD | New | WORLD ACCEP CORP DELcall | $29,012,000 | – | 350,000 | +100.0% | 1.42% | – |
| FCFS | Sell | FIRSTCASH INC | $27,170,000 | -23.7% | 430,250 | -29.6% | 1.33% | -52.8% |
| AKBA | Sell | AKEBIA THERAPEUTICS INC | $26,908,000 | -12.9% | 1,367,947 | -36.3% | 1.32% | -46.2% |
| GDEN | GOLDEN ENTMT INC | $26,607,000 | +17.7% | 1,091,329 | 0.0% | 1.30% | -27.2% | |
| QADA | Buy | QAD INCcl a | $26,483,000 | +15.4% | 770,973 | +7.7% | 1.30% | -28.7% |
| ENT | Buy | GLOBAL EAGLE ENTMT INC | $25,746,000 | +31.5% | 7,528,066 | +36.9% | 1.26% | -18.7% |
| SGMS | New | SCIENTIFIC GAMES CORPcl a | $22,925,000 | – | 500,000 | +100.0% | 1.12% | – |
| HRB | New | BLOCK H & R INCput | $21,184,000 | – | 800,000 | +100.0% | 1.04% | – |
| TBBK | Sell | BANCORP INC DEL | $20,675,000 | -27.1% | 2,500,000 | -33.1% | 1.01% | -54.9% |
| SODA | SODASTREAM INTERNATIONAL LTDcall | $19,935,000 | +24.2% | 300,000 | 0.0% | 0.98% | -23.2% | |
| AFI | Buy | ARMSTRONG FLOORING INC | $19,541,000 | +34.8% | 1,240,677 | +53.8% | 0.96% | -16.7% |
| HTZGQ | Buy | HERTZ GLOBAL HLDGS INCcall | $17,888,000 | +211.1% | 800,000 | +60.0% | 0.88% | +92.3% |
| PETS | Buy | PETMED EXPRESS INCput | $13,260,000 | +63.3% | 400,000 | +100.0% | 0.65% | +0.9% |
| BPI | Sell | BRIDGEPOINT ED INC | $12,275,000 | -40.3% | 1,278,682 | -8.2% | 0.60% | -63.1% |
| ARQL | Buy | ARQULE INC | $11,366,000 | -10.5% | 10,239,751 | +0.0% | 0.56% | -44.7% |
| JMBA | Buy | JAMBA INC | $11,266,000 | +53.2% | 1,303,929 | +38.1% | 0.55% | -5.5% |
| ORM | Sell | OWENS RLTY MTG INC | $11,142,000 | +1.5% | 611,878 | -5.5% | 0.55% | -37.3% |
| MDCO | MEDICINES COcall | $11,112,000 | -2.6% | 300,000 | 0.0% | 0.54% | -39.8% | |
| QURE | Buy | UNIQURE NV | $10,751,000 | +56.8% | 1,119,883 | +1.1% | 0.53% | -3.1% |
| OSPRU | New | OSPREY ENERGY ACQUISITION COunit 07/21/2022 | $9,960,000 | – | 1,000,000 | +100.0% | 0.49% | – |
| AVXS | AVEXIS INCput | $9,673,000 | +17.7% | 100,000 | 0.0% | 0.47% | -27.3% | |
| ONDK | ON DECK CAP INC | $9,335,000 | +0.2% | 1,999,020 | 0.0% | 0.46% | -38.0% | |
| CGNT | Buy | COGENTIX MED INC | $9,318,000 | +47.3% | 3,639,853 | +0.2% | 0.46% | -9.0% |
| ASCMA | Buy | ASCENT CAP GROUP INC | $9,043,000 | +336.6% | 693,504 | +414.4% | 0.44% | +170.1% |
| AGLE | Buy | AEGLEA BIOTHERAPEUTICS INC | $7,902,000 | +28.8% | 1,602,903 | +0.6% | 0.39% | -20.5% |
| SHLDQ | SEARS HLDGS CORPcall | $7,300,000 | -17.6% | 1,000,000 | 0.0% | 0.36% | -49.1% | |
| GME | GAMESTOP CORP NEWput | $6,198,000 | -4.4% | 300,000 | 0.0% | 0.30% | -40.9% | |
| DLB | New | DOLBY LABORATORIES INCcall | $5,752,000 | – | 100,000 | +100.0% | 0.28% | – |
| BPI | New | BRIDGEPOINT ED INCcall | $5,280,000 | – | 550,000 | +100.0% | 0.26% | – |
| NATR | Buy | NATURES SUNSHINE PRODUCTS IN | $5,187,000 | +24.7% | 510,989 | +62.8% | 0.25% | -23.0% |
| LINC | Sell | LINCOLN EDL SVCS CORP | $5,075,000 | -22.0% | 2,029,877 | -3.3% | 0.25% | -51.7% |
| CCXI | Buy | CHEMOCENTRYX INC | $5,029,000 | -11.2% | 677,779 | +12.0% | 0.25% | -45.1% |
| FNTE | New | FINTECH ACQUISITION CORP II | $4,900,000 | – | 499,998 | +100.0% | 0.24% | – |
| SHOS | Buy | SEARS HOMETOWN & OUTLET STOR | $4,016,000 | +42.3% | 1,575,051 | +50.7% | 0.20% | -12.1% |
| TWMC | Sell | TRANS WORLD ENTMT CORP | $3,642,000 | +24.7% | 1,820,939 | -0.2% | 0.18% | -22.8% |
| ELVT | Sell | ELEVATE CREDIT INC | $3,647,000 | -26.3% | 596,900 | -4.5% | 0.18% | -54.5% |
| EMMS | EMMIS COMMUNICATIONS CORP | $3,629,000 | +15.7% | 1,092,951 | 0.0% | 0.18% | -28.5% | |
| DVD | DOVER MOTORSPORTS INC | $3,538,000 | -2.4% | 1,725,789 | 0.0% | 0.17% | -39.9% | |
| CRMT | Buy | AMERICAS CAR MART INC | $3,469,000 | +5.9% | 84,348 | +0.2% | 0.17% | -34.6% |
| TAXA | Buy | LIBERTY TAX INCcl a | $3,358,000 | +1379.3% | 233,198 | +1233.2% | 0.16% | +816.7% |
| RLGT | RADIANT LOGISTICS INC | $3,273,000 | -1.3% | 616,400 | 0.0% | 0.16% | -39.2% | |
| TLYS | New | TILLYS INCcl a | $2,689,000 | – | 224,239 | +100.0% | 0.13% | – |
| STRM | STREAMLINE HEALTH SOLUTIONS | $2,588,000 | +37.4% | 1,760,297 | 0.0% | 0.13% | -14.8% | |
| UTI | UNIVERSAL TECHNICAL INST INC | $2,318,000 | -2.8% | 667,946 | 0.0% | 0.11% | -39.7% | |
| DNOW | New | NOW INC | $2,072,000 | – | 150,000 | +100.0% | 0.10% | – |
| DDE | Buy | DOVER DOWNS GAMING & ENTMT I | $1,627,000 | +1.1% | 1,579,641 | +9.0% | 0.08% | -37.5% |
| MFCB | New | MFC BANCORP LTD | $1,483,000 | – | 157,930 | +100.0% | 0.07% | – |
| PTIE | Buy | PAIN THERAPEUTICS INC | $1,413,000 | -1.9% | 347,053 | +0.0% | 0.07% | -39.5% |
| LEE | Buy | LEE ENTERPRISES INC | $1,034,000 | +207.7% | 470,000 | +165.4% | 0.05% | +88.9% |
| EPM | Sell | EVOLUTION PETROLEUM CORP | $940,000 | -79.4% | 130,615 | -76.8% | 0.05% | -87.3% |
| FNTEW | New | FINTECH ACQUISITION CORP II*w exp 01/19/202 | $317,000 | – | 249,999 | +100.0% | 0.02% | – |
| RBCAA | REPUBLIC BANCORP KYcl a | $287,000 | +9.1% | 7,371 | 0.0% | 0.01% | -33.3% | |
| MFCB | Exit | MFC BANCORP LTD | $0 | – | -337,978 | -100.0% | -0.05% | – |
| FALC | Exit | FALCONSTOR SOFTWARE INC | $0 | – | -2,841,368 | -100.0% | -0.06% | – |
| FBK | Exit | FB FINL CORP | $0 | – | -50,000 | -100.0% | -0.14% | – |
| EZPW | Exit | EZCORP INCcl a non vtg | $0 | – | -386,494 | -100.0% | -0.24% | – |
| STRL | Exit | STERLING CONSTRUCTION CO INC | $0 | – | -257,604 | -100.0% | -0.27% | – |
| FNTEU | Exit | FINTECH ACQUISITION CORP IIunit 99/99/9999 | $0 | – | -499,998 | -100.0% | -0.41% | – |
| CTRN | Exit | CITI TRENDS INC | $0 | – | -293,206 | -100.0% | -0.49% | – |
| CCN | Exit | CARDCONNECT CORP | $0 | – | -675,926 | -100.0% | -0.81% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2017-11-14
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.