CANNELL CAPITAL LLC
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| ATEGRITY SPECIALTY IN CO HO | ASIC | $11.8M | 490,482 | +2.00pp | 5q | +0.8%+$95.6K | |
| SNDL INC | SNDL | $11.7M | 8,639,381 | +0.72pp | 10q | -1.4%-$164.4K | |
| NORTH AMERN CONSTR GROUP LTD | NOA | $10.4M | 783,691 | -0.98pp | 31q | -18.6%-$2.4M | |
| CHEGG INC | $7.7M | 8,126,000 | +1.10pp | 3q | DEBT | ||
| ETHOS TECHNOLOGIES INC | LIFE | $7.4M | 408,496 | +1.87pp | 2q | -9.7%-$795.3K | |
| MIMEDX GROUP INC | MDXG | $7.2M | 1,870,436 | +1.20pp | 14q | +24.9%+$1.4M | |
| OWLET INC | OWLT | $7.1M | 1,234,053 | +1.60pp | 3q | +23.6%+$1.4M | |
| GLOBAL INDEMNITY GROUP LLC | GBLI | $6.5M | 257,875 | +0.03pp | 11q | HELD | |
| ORASURE TECHNOLOGIES INC | OSUR | $6.4M | 1,427,419 | +0.58pp | 14q | -28.7%-$2.6M | |
| GOLD COM INC | GOLD | $6.4M | 152,691 | +0.57pp | 31q | +1.7%+$109.2K | |
| ETON PHARMACEUTICALS INC | ETON | $6.2M | 170,747 | -1.04pp | 7q | -50.1%-$6.2M | |
| NPK INTERNATIONAL INC | NPKI | $5.7M | 359,882 | -1.99pp | 5q | -45.0%-$4.7M | |
| VITESSE ENERGY INC | VTS | $5.7M | 361,693 | - | new | NEW | |
| RACKSPACE TECHNOLOGY INC OPT | RXT | $5.7M | options only | +2.20pp | 2q | OPTIONS | |
| NATURAL GAS SVCS GROUP INC | NGS | $5.3M | 122,387 | -0.90pp | 6q | -36.2%-$3.0M | |
| VERRICA PHARMACEUTICALS INC | VRCA | $4.8M | 783,923 | +0.99pp | 2q | +14.4%+$604.7K | |
| SHIMMICK CORPORATION | SHIM | $4.4M | 957,605 | - | new | NEW | |
| SAN JUAN BASIN RTY TR | SJT | $3.9M | 1,212,760 | -0.08pp | 9q | +33.3%+$973.6K | |
| PURE CYCLE CORP | PCYO | $3.4M | 314,640 | - | new | NEW | |
| BUILD-A-BEAR WORKSHOP INC | BBW | $3.2M | 103,088 | -0.35pp | 26q | -3.7%-$120.8K | |
| LEE ENTERPRISES INC | LEE | $3.1M | 344,349 | -0.22pp | 22q | -20.5%-$796.8K | |
| ROOT INC | ROOT | $2.9M | 52,331 | +0.54pp | 2q | HELD | |
| HIPPO HLDGS INC | HIPO | $2.7M | 96,642 | -1.23pp | 2q | HELD | |
| ACCELERANT HOLDINGS | ARX | $2.0M | 171,080 | +0.06pp | 2q | +9.6%+$175.0K | |
| NETWORK-1 TECHNOLOGIES INC | NTIP | $1.9M | 1,275,213 | +0.25pp | 31q | +11.7%+$195.9K | |
| DONEGAL GROUP INC | DGICA | $1.6M | 82,939 | +0.17pp | 16q | HELD | |
| KVH INDS INC | KVHI | $1.1M | 114,934 | - | new | NEW | |
| CHEGG INC | CHGG | $871.9K | 863,268 | -0.02pp | 2q | +110.9%+$458.6K | |
| OUTDOOR HOLDING CO | POWW | $767.3K | 336,524 | +0.47pp | 2q | +852.9%+$686.8K | |
| AMERICAN PUB ED INC | APEI | $381.6K | 7,107 | -2.13pp | 4q | -89.6%-$3.3M | |
| THE REALREAL INC | REAL | $271.6K | 23,039 | +0.03pp | 6q | -16.2%-$52.6K | |
| STITCH FIX INC | SFIX | $224.1K | 54,527 | -0.87pp | 3q | +2.4%+$5.2K | |
| ISHARES TR OPT | IWM | $210.3K | options only | -0.39pp | 2q | OPTIONS | |
| LINCOLN EDL SVCS CORP | LINC | $202.4K | 4,056 | - | new | NEW | |
| COMPASS INC | COMP | $148.7K | 12,057 | - | new | NEW | |
| CRONOS GROUP INC | CRON | $121.6K | 43,726 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Insurance | $34.9M | 23.4% |
| Biotech & Pharma | $22.8M | 15.3% |
| Energy | $21.4M | 14.4% |
| Medical Devices | $13.6M | 9.1% |
| Business Services | $7.9M | 5.3% |
| Instruments & Controls | $7.1M | 4.8% |
| Wholesale & Distribution | $6.4M | 4.3% |
| Holding & Investment | $5.8M | 3.9% |
| Software & IT Services | $5.7M | 3.8% |
| Construction & Building | $4.4M | 2.9% |
| Telecom & Media | $4.2M | 2.8% |
| Retail & Consumer | $3.7M | 2.4% |
| Other sectors | $3.5M | 2.4% |
| Not classified | $7.9M | 5.3% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $149.1M | 36 | 7 | 12 | 11 | 9 | 55.3% | 49 |
| Q1 2026 | $162.9M | 38 | 12 | 14 | 7 | 24 | 52.3% | 45 |
| Q4 2025 | $206.3M | 50 | 20 | 7 | 20 | 27 | 54.1% | 48 |
| Q3 2025 | $656.1M | 57 | 9 | 23 | 19 | 10 | 65.0% | 45 |
| Q2 2025 | $334.3M | 58 | 21 | 11 | 21 | 11 | 48.8% | 46 |
| Q1 2025 | $300.5M | 48 | 7 | 12 | 24 | 10 | 61.0% | 45 |
| Q4 2024 | $487.3M | 51 | 10 | 22 | 17 | 8 | 55.9% | 44 |
| Q3 2024 | $486.2M | 49 | 2 | 18 | 24 | 13 | 52.3% | 134 |
| Q2 2024 | $441.7M | 60 | 13 | 24 | 11 | 7 | 52.0% | 45 |
| Q1 2024 | $465.6M | 54 | 11 | 15 | 15 | 14 | 49.2% | 45 |
| Q4 2023 | $461.2M | 57 | 10 | 12 | 21 | 5 | 50.0% | 45 |
| Q3 2023 | $429.7M | 52 | 8 | 16 | 14 | 22 | 52.1% | 53 |
| Q2 2023 | $501.0M | 66 | 9 | 22 | 16 | 33 | 47.4% | 45 |
| Q1 2023 | $517.2M | 90 | 7 | 23 | 20 | 5 | 45.8% | 45 |
| Q4 2022 | $496.2M | 88 | 11 | 20 | 25 | 11 | 50.4% | 45 |
| Q3 2022 | $436.8M | 88 | 6 | 44 | 18 | 8 | 49.5% | 45 |
| Q2 2022 | $498.1M | 90 | 31 | 25 | 17 | 13 | 51.1% | 46 |
| Q1 2022 | $661.6M | 72 | 12 | 30 | 18 | 10 | 44.9% | 47 |
| Q4 2021 | $629.8M | 70 | 16 | 19 | 24 | 13 | 45.1% | 45 |
| Q3 2021 | $606.8M | 67 | 15 | 22 | 22 | 19 | 44.2% | 46 |
| Q2 2021 | $623.3M | 71 | 25 | 15 | 13 | 23 | 43.6% | 47 |
| Q1 2021 | $446.7M | 69 | 23 | 19 | 11 | 12 | 44.7% | 47 |
| Q4 2020 | $351.2M | 58 | 25 | 13 | 14 | 14 | 51.3% | 47 |
| Q3 2020 | $273.4M | 47 | 10 | 20 | 10 | 14 | 55.0% | 47 |
| Q2 2020 | $266.6M | 51 | 12 | 11 | 21 | 9 | 54.8% | 45 |
| Q1 2020 | $240.4M | 48 | 13 | 21 | 6 | 3 | 56.3% | 45 |
| Q4 2019 | $307.8M | 38 | 6 | 8 | 14 | 13 | 62.4% | 45 |
| Q3 2019 | $308.2M | 45 | 5 | 17 | 11 | 8 | 56.2% | 45 |
| Q2 2019 | $352.8M | 48 | 10 | 14 | 6 | 12 | 55.0% | 45 |
| Q1 2019 | $411.4M | 50 | 4 | 18 | 11 | 14 | 50.7% | 45 |
| Q4 2018 | $358.2M | 60 | 0 | 0 | 0 | 0 | 47.8% | 45 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.