22NW, LP

CIK: 0001694297SEC EDGAR →

Portfolio Value

$237.0M

Holdings

20

As of

Q4 2025

New Positions

2

Closed Positions

2

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

ANEBULO PHARMACEUTICALS INC

15,467,300$84.0M
35.44%
2

FOSTER L B CO

1,191,046$32.0M
13.50%
3

LIFECORE BIOMEDICAL INC

1,254$23.0M
9.70%
4

MINERALYS THERAPEUTICS INC

358,325$13.0M
5.49%
5

REGENXBIO INC

923,679$13.0M
5.49%
6

NEKTAR THERAPEUTICS

331,115$13.0M
5.49%
7

STONERIDGE INC

2,192,764$12.0M
5.06%
8

MAYVILLE ENGR CO INC

414,280$7.0M
2.95%
9

CULP INC

1,859,061$6.0M
2.53%
10

PHENIXFIN CORP

117,885$5.0M
2.11%

Quarterly Changes

Top Buys

SRI↑ Increased
$4.0M
NSPNEW
$3.0M
MEC↑ Increased
$1.5M

Top Sells

DHXCLOSED
$5.7M
AEBICLOSED
$4.3M
FSTR↓ Decreased
$3.4M
UFI↓ Decreased
$2.7M

New Positions (1)

$3.0M · 96K shares

Closed Positions (2)

$5.7M · 2.0M shares
$4.3M · 348K shares

Sector Breakdown

Sector# HoldingsValue%
Technology2$84.0M37.2%
Industrials4$44.0M19.5%
Healthcare6$44.0M19.5%
Unknown2$23.0M10.2%
Consumer Cyclical3$20.0M8.8%
Financial Services1$5.0M2.2%
Basic Materials1$4.0M1.8%
Consumer Defensive1$2.0M0.9%