CANNELL CAPITAL LLC — 13F Holdings & Portfolio
CIK 1058854 · latest 13F-HR filed 2026-05-15
CANNELL CAPITAL LLC manages $162.9M in 13F-reported U.S. long-equity assets across 41 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are NOA (7.97%), SNDL (7.10%), ASIC (5.91%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 10 new positions, exited 11, added to 12, and trimmed 12.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$162.9M
Long-equity book
41
Distinct positions
2026-03-31
Filed 2026-05-15
+10 / −11 / ↑12 / ↓12
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ETON PHARMACEUTICALS INC$4.8M +130.1%
- CHEGG INC$4.4M +199.5%
- ATEGRITY SPECIALTY IN CO HO$2.9M +42.5%
- LEE ENTERPRISES INC$2.7M +278.4%
- CALAVO GROWERS INC$1.7M +49.8%
Top Trims
- MIMEDX GROUP INC-$4.0M -40.6%
- CAVCO INDS INC DEL-$3.9M -58.4%
- NATURAL GAS SVCS GROUP INC-$3.7M -34.1%
- SNDL INC-$3.0M -20.5%
- GPGI INC-$2.9M -42.0%
New Positions
- ETHOS TECHNOLOGIES INC$5.1M
- VERRICA PHARMACEUTICALS INC$3.6M
- HIPPO HLDGS INC$2.5M
- ROOT INC$2.3M
- ACCELERANT HOLDINGS$2.1M
Exited Positions
- COMPASS INC$5.4M
- SAVERS VALUE VLG INC$5.4M
- GLOBALSTAR INC$1.8M
- SWK HLDGS CORP$1.1M
- WINMARK CORP$666.9K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | NORTH AMERN CONSTR GROUP LTD | NOA | 656811106 | $13.0M | 7.97% | 962,731 | SH |
| 2 | SNDL INC | SNDL | 83307B101 | $11.6M | 7.10% | 8,761,155 | SH |
| 3 | ATEGRITY SPECIALTY IN CO HO | ASIC | 04681Y103 | $9.6M | 5.91% | 486,504 | SH |
| 4 | NPK INTERNATIONAL INC | NPKI | 651718504 | $9.5M | 5.83% | 654,689 | SH |
| 5 | ETON PHARMACEUTICALS INC | ETON | 29772L108 | $8.4M | 5.18% | 341,985 | SH |
| 6 | NATURAL GAS SVCS GROUP INC | NGS | 63886Q109 | $7.2M | 4.44% | 191,681 | SH |
| 7 | GLOBAL INDEMNITY GROUP LLC | GBLI | 37959R103 | $7.0M | 4.30% | 257,360 | SH |
| 8 | CHEGG INC | CHGG | 163092AF6 | $6.6M | 4.05% | 6,914,000 | SH |
| 9 | TURNING PT BRANDS INC | TPB | 90041L105 | $6.2M | 3.82% | 71,692 | SH |
| 10 | GOLD COM INC | GOLD | 00181T107 | $6.0M | 3.69% | 150,066 | SH |
| 11 | ORASURE TECHNOLOGIES INC | OSUR | 68554V108 | $6.0M | 3.69% | 2,003,271 | SH |
| 12 | MIMEDX GROUP INC | MDXG | 602496101 | $5.9M | 3.63% | 1,497,186 | SH |
| 13 | CALAVO GROWERS INC | CVGW | 128246105 | $5.2M | 3.16% | 199,750 | SH |
| 14 | OWLET INC | OWLT | 69120X206 | $5.1M | 3.15% | 998,165 | SH |
| 15 | ETHOS TECHNOLOGIES INC | LIFE | 29765A101 | $5.1M | 3.10% | 452,337 | SH |
| 16 | SAN JUAN BASIN RTY TR | SJT | 798241105 | $4.4M | 2.69% | 909,463 | SH |
| 17 | GPGI INC | GPGI | 20459V105 | $4.1M | 2.50% | 238,175 | SH |
| 18 | BUILD-A-BEAR WORKSHOP INC | BBW | 120076104 | $4.0M | 2.46% | 107,035 | SH |
| 19 | AMERICAN PUB ED INC | APEI | 02913V103 | $3.9M | 2.39% | 68,329 | SH |
| 20 | LEE ENTERPRISES INC | LEE | 523768406 | $3.7M | 2.29% | 433,281 | SH |
| 21 | VERRICA PHARMACEUTICALS INC | VRCA | 92511W207 | $3.6M | 2.23% | 685,123 | SH |
| 22 | CAVCO INDS INC DEL | CVCO | 149568107 | $2.8M | 1.71% | 5,759 | SH |
| 23 | RACKSPACE TECHNOLOGY INC Put | RXT | 750102105 | $2.6M | 1.61% | 26,748 | SH |
| 24 | HIPPO HLDGS INC | HIPO | 433539202 | $2.5M | 1.55% | 96,642 | SH |
| 25 | HIPPO HLDGS INC Call | HIPO | 433539202 | $2.5M | 1.51% | 946 | SH |
| 26 | ROOT INC | ROOT | 77664L207 | $2.3M | 1.42% | 52,331 | SH |
| 27 | PRIMEENERGY RESOURCES CORP | PNRG | 74158E104 | $2.3M | 1.38% | 9,670 | SH |
| 28 | ACCELERANT HOLDINGS | ARX | G00894108 | $2.1M | 1.28% | 156,149 | SH |
| 29 | OPORTUN FINL CORP | OPRT | 68376D104 | $1.7M | 1.06% | 372,697 | SH |
| 30 | NETWORK-1 TECHNOLOGIES INC | NTIP | 64121N109 | $1.6M | 1.01% | 1,141,975 | SH |
| 31 | STITCH FIX INC Call | SFIX | 860897107 | $1.5M | 0.91% | 4,483 | SH |
| 32 | DONEGAL GROUP INC | DGICA | 257701201 | $1.4M | 0.87% | 82,939 | SH |
| 33 | ISHARES TR Put | IWM | 464287655 | $868.0K | 0.53% | 35 | SH |
| 34 | CHEGG INC Call | CHGG | 163092109 | $686.4K | 0.42% | 9,259 | SH |
| 35 | CARVANA CO Put | CVNA | 146869102 | $685.3K | 0.42% | 109 | SH |
| 36 | CHEGG INC | CHGG | 163092109 | $303.4K | 0.19% | 409,236 | SH |
| 37 | THE REALREAL INC | REAL | 88339P101 | $249.7K | 0.15% | 27,504 | SH |
| 38 | FLOWCO HLDGS INC | FLOC | 342909108 | $206.0K | 0.13% | 10,000 | SH |
| 39 | STITCH FIX INC | SFIX | 860897107 | $176.3K | 0.11% | 53,268 | SH |
| 40 | MAMAS CREATIONS INC | MAMA | 56146T103 | $165.7K | 0.10% | 10,799 | SH |
| 41 | OUTDOOR HOLDING CO | POWW | 00175J107 | $71.0K | 0.04% | 35,315 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $162.9M | 41 | 0001420506-26-001100 |
| 2025-12-31 | 2026-02-17 | $206.3M | 51 | 0001420506-26-000561 |
| 2025-09-30 | 2025-11-14 | $656.1M | 58 | 0001420506-25-003414 |