Nantahala Capital Management, LLC
CIK: 0001472322Latest portfolio: $3.0B · Q4 2025
Holdings
142
Total Value
$3.0B
New Positions
17
Closed Positions
18
Top Holdings
View All 142 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | IWMISHARES TR | 2,817,159 | $693.5M | 22.93% | +167K | Put |
| 2 | EWEDWARDS LIFESCIENCES CORP | 1,800,000 | $153.4M | 5.07% | — | Put |
| 3 | HGVHILTON GRAND VACATIONS INC | 2,636,622 | $118.0M | 3.90% | +394K | Call |
| 4 | HLFHERBALIFE LTD | 8,681,857 | $111.9M | 3.70% | +939K | Call |
| 5 | SLNOSOLENO THERAPEUTICS INC | 1,816,002 | $84.1M | 2.78% | +852K | Call |
| 6 | TEVATEVA PHARMACEUTICAL INDS LTD | 2,500,000 | $78.0M | 2.58% | — | Call |
| 7 | PTONPELOTON INTERACTIVE INC | 12,432,676 | $76.6M | 2.53% | +4.2M | Call |
| 8 | TBBKBANCORP INC DEL | 1,071,685 | $72.4M | 2.39% | +219K | |
| 9 | ESTAESTABLISHMENT LABS HLDGS INC | 987,689 | $72.0M | 2.38% | -985,803 | |
| 10 | VTRSVIATRIS INC | 5,000,000 | $62.3M | 2.06% | — | Call |
| 11 | XTNTXTANT MED HLDGS INC | 68,394,000 | $53.6M | 1.77% | — | |
| 12 | XBISPDR SERIES TRUST | 400,000 | $48.8M | 1.61% | -300,000 | Put |
| 13 | FULCFULCRUM THERAPEUTICS INC | 4,293,346 | $48.6M | 1.61% | -377,438 | |
| 14 | BVSBIOVENTUS INC | 6,047,403 | $45.0M | 1.49% | +237K | |
| 15 | YB4PSAVARA INC | 7,344,783 | $44.3M | 1.46% | -1,430,592 | |
| 16 | EOLSEVOLUS INC | 5,820,649 | $38.7M | 1.28% | +94K | |
| 17 | FOXFFOX FACTORY HLDG CORP | 2,188,300 | $37.4M | 1.24% | +1.5M | |
| 18 | GOGOGOGO INC | 6,792,649 | $31.7M | 1.05% | NEW | |
| 19 | TNGXTANGO THERAPEUTICS INC | 3,572,633 | $31.7M | 1.05% | +1.8M | |
| 20 | REGNREGENERON PHARMACEUTICALS | 40,000 | $30.9M | 1.02% | — | Call |
| 21 | AMRXAMNEAL PHARMACEUTICALS INC | 2,447,516 | $30.8M | 1.02% | -1,777,048 | |
| 22 | EBEVENTBRITE INC | 6,854,718 | $30.5M | 1.01% | +23K | |
| 23 | CWHCAMPING WORLD HLDGS INC | 3,058,542 | $29.8M | 0.98% | +1.1M | Call |
| 24 | ABEOABEONA THERAPEUTICS INC | 5,483,052 | $28.9M | 0.96% | +398K | Call |
| 25 | RDNWRIDENOW GROUP INC | 4,972,845 | $27.4M | 0.91% | — | Call |
Quarterly Changes
New Positions
Increased Positions
Sector Breakdown
HealthcareNaN% ($InfinityT)
Consumer Cyclical0.0% ($1.1798876585374411e+54T)
Unknown0.0% ($4.428918356156152e+38T)
Financial Services0.0% ($6.934717236048772e+28T)
Industrials0.0% ($9038776242993680.0T)
Communication Services0.0% ($3165318567712.3T)
Consumer Defensive0.0% ($1119091148569.9T)
Technology0.0% ($305033066.3T)
Real Estate0.0% ($1710393.0T)
Basic Materials0.0% ($10.6M)
Energy0.0% ($2.1M)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 13, 2026 | $3.0B | 153 |
| Q3 2025 | Nov 14, 2025 | $2.9T | 153 |
| Q2 2025 | Aug 14, 2025 | $2.6T | 158 |
| Q1 2025 | May 15, 2025 | $2.5T | 145 |
| Q4 2024 | Feb 14, 2025 | $2.3T | 137 |
| Q3 2024 | Nov 14, 2024 | $1976.7T | 140 |
| Q2 2024 | Aug 14, 2024 | $1700.2T | 128 |
| Q1 2024 | May 15, 2024 | $1750.5T | 124 |
| Q4 2023 | Feb 14, 2024 | $1670.8T | 127 |
| Q3 2023 | Nov 14, 2023 | $1170.7T | 133 |
| Q2 2023 | Aug 14, 2023 | $1034.1T | 124 |
| Q1 2023 | May 15, 2023 | $1305.0T | 124 |
| Q4 2022 | Feb 14, 2023 | $1542.9T | 118 |
| Q3 2022 | Nov 10, 2022 | $1.5T | 120 |
| Q2 2022 | Aug 15, 2022 | $2.0T | 124 |
| Q1 2022 | May 13, 2022 | $2.3T | 122 |
| Q4 2021 | Feb 14, 2022 | $2.8T | 136 |
| Q3 2021 | Nov 15, 2021 | $3.2T | 130 |
| Q2 2021 | Aug 16, 2021 | $3.5T | 121 |
| Q1 2021 | May 14, 2021 | $3.4T | 116 |
| Q4 2020 | Feb 16, 2021 | $3.2T | 126 |
| Q3 2020 | Nov 16, 2020 | $3.3T | 130 |
| Q2 2020 | Aug 14, 2020 | $3.3T | 130 |
| Q1 2020 | May 14, 2020 | $2.7T | 124 |
| Q4 2019 | Feb 14, 2020 | $3.2T | 106 |
| Q3 2019 | Nov 14, 2019 | $2.7T | 108 |
| Q2 2019 | Aug 14, 2019 | $3.2T | 111 |
| Q1 2019 | May 15, 2019 | $3.2T | 115 |
| Q4 2018 | Feb 14, 2019 | $3.3T | 124 |
| Q3 2018 | Nov 14, 2018 | $3.7T | 119 |
| Q2 2018 | Aug 14, 2018 | $2.5T | 102 |
| Q1 2018 | May 15, 2018 | $2.2T | 97 |
| Q4 2017 | Feb 14, 2018 | $2.2T | 91 |
| Q3 2017 | Nov 14, 2017 | $2.0T | 82 |
| Q2 2017 | Aug 14, 2017 | $1.3T | 72 |
| Q1 2017 | May 15, 2017 | $897.7B | 60 |
| Q4 2016 | Feb 14, 2017 | $963.3B | 71 |
| Q3 2016 | Nov 14, 2016 | $829.4B | 67 |
| Q2 2016 | Aug 15, 2016 | $922.5B | 73 |
| Q1 2016 | May 16, 2016 | $972.1B | 78 |
Fund Information
Nantahala Capital Management, LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $3.0B across 142 holdings. The largest position is ISHARES TR (IWM), representing 22.9% of the portfolio. Compared to the previous quarter, the fund opened 19 new positions and closed 20 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.