Filed: 8/14/2025ACC: 0001104659-25-078700
📋 What this filing means
NANTAHALA CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 147 equity positions with a total reported market value of $2.55B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
147
Positions
$2.55B
Total AUM (reported)
321.56M
Total Shares
Allocation by class
COM$1.09B42.5%
RUSSELL 2000 ETF$776.84M30.4%
COM NEW$197.88M7.8%
CL A$70.37M2.8%
S&P BIOTECH$66.34M2.6%
COM SHS$63.53M2.5%
COM CL A$55.08M2.2%
Portfolio Concentration
Top 3$967.21M37.9%
4–10$397.44M15.6%
11–25$415.40M16.3%
Rest$772.24M30.3%
Top 3 weight
37.9%
Top 10 weight
53.5%
Voting Authority Distribution
Total shares with voting rights: 321.56M
Sole
Full voting authority
321.56M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole147
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings147
Rows:
ISHARES TR
SOLEShares3.60M
TypeSH
Market value$776.84M
30.44%
Sole
3.60M
Shared
0.00
None
0.00
HILTON GRAND VACATIONS INC
SOLEShares2.56M
TypeSH
Market value$106.48M
4.17%
Sole
2.56M
Shared
0.00
None
0.00
SOLENO THERAPEUTICS INC
SOLEShares1M
TypeSH
Market value$83.89M
3.29%
Sole
1M
Shared
0.00
None
0.00
ESTABLISHMENT LABS HLDGS INC
SOLEShares1.78M
TypeSH
Market value$75.83M
2.97%
Sole
1.78M
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares800K
TypeSH
Market value$66.34M
2.60%
Sole
800K
Shared
0.00
None
0.00
HERBALIFE LTD
SOLEShares7.12M
TypeSH
Market value$61.39M
2.41%
Sole
7.12M
Shared
0.00
None
0.00
BANCORP INC DEL
SOLEShares968.50K
TypeSH
Market value$55.18M
2.16%
Sole
968.50K
Shared
0.00
None
0.00
XTANT MED HLDGS INC
SOLEShares68.39M
TypeSH
Market value$50.54M
1.98%
Sole
68.39M
Shared
0.00
None
0.00
VIATRIS INC
SOLEShares5M
TypeSH
Market value$44.65M
1.75%
Sole
5M
Shared
0.00
None
0.00
PELOTON INTERACTIVE INC
SOLEShares6.27M
TypeSH
Market value$43.50M
1.70%
Sole
6.27M
Shared
0.00
None
0.00
EVOLUS INC
SOLEShares4.30M
TypeSH
Market value$39.58M
1.55%
Sole
4.30M
Shared
0.00
None
0.00
AMERICAS CAR-MART INC
SOLEShares644.69K
TypeSH
Market value$36.13M
1.42%
Sole
644.69K
Shared
0.00
None
0.00
AMNEAL PHARMACEUTICALS INC
SOLEShares4.37M
TypeSH
Market value$35.33M
1.38%
Sole
4.37M
Shared
0.00
None
0.00
BIOVENTUS INC
SOLEShares5.28M
TypeSH
Market value$34.96M
1.37%
Sole
5.28M
Shared
0.00
None
0.00
IMAX CORP
SOLEShares1.13M
TypeSH
Market value$31.71M
1.24%
Sole
1.13M
Shared
0.00
None
0.00
FULCRUM THERAPEUTICS INC
SOLEShares4.29M
TypeSH
Market value$29.50M
1.16%
Sole
4.29M
Shared
0.00
None
0.00
UNIQURE NV
SOLEShares2.05M
TypeSH
Market value$28.60M
1.12%
Sole
2.05M
Shared
0.00
None
0.00
ABEONA THERAPEUTICS INC
SOLEShares4.89M
TypeSH
Market value$27.77M
1.09%
Sole
4.89M
Shared
0.00
None
0.00
KRYSTAL BIOTECH INC
SOLEShares200K
TypeSH
Market value$27.49M
1.08%
Sole
200K
Shared
0.00
None
0.00
KEROS THERAPEUTICS INC
SOLEShares1.87M
TypeSH
Market value$24.97M
0.98%
Sole
1.87M
Shared
0.00
None
0.00
TITAN MACHY INC
SOLEShares1.14M
TypeSH
Market value$22.50M
0.88%
Sole
1.14M
Shared
0.00
None
0.00
LIVE NATION ENTERTAINMENT IN
SOLEShares130.30K
TypeSH
Market value$19.71M
0.77%
Sole
130.30K
Shared
0.00
None
0.00
SERVICE PPTYS TR
SOLEShares8.06M
TypeSH
Market value$19.26M
0.75%
Sole
8.06M
Shared
0.00
None
0.00
SAVARA INC
SOLEShares8.33M
TypeSH
Market value$18.98M
0.74%
Sole
8.33M
Shared
0.00
None
0.00
FOX FACTORY HLDG CORP
SOLEShares728.65K
TypeSH
Market value$18.90M
0.74%
Sole
728.65K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRSOLE | RUSSELL 2000 ETF | 3.60M | SH | $776.84M 30.44% | 3.60M | 0.00 | 0.00 |
HILTON GRAND VACATIONS INCSOLE | COM | 2.56M | SH | $106.48M 4.17% | 2.56M | 0.00 | 0.00 |
SOLENO THERAPEUTICS INCSOLE | COM | 1M | SH | $83.89M 3.29% | 1M | 0.00 | 0.00 |
ESTABLISHMENT LABS HLDGS INCSOLE | COM | 1.78M | SH | $75.83M 2.97% | 1.78M | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | S&P BIOTECH | 800K | SH | $66.34M 2.60% | 800K | 0.00 | 0.00 |
HERBALIFE LTDSOLE | COM SHS | 7.12M | SH | $61.39M 2.41% | 7.12M | 0.00 | 0.00 |
BANCORP INC DELSOLE | COM | 968.50K | SH | $55.18M 2.16% | 968.50K | 0.00 | 0.00 |
XTANT MED HLDGS INCSOLE | COM NEW | 68.39M | SH | $50.54M 1.98% | 68.39M | 0.00 | 0.00 |
VIATRIS INCSOLE | COM | 5M | SH | $44.65M 1.75% | 5M | 0.00 | 0.00 |
PELOTON INTERACTIVE INCSOLE | CL A COM | 6.27M | SH | $43.50M 1.70% | 6.27M | 0.00 | 0.00 |
EVOLUS INCSOLE | COM | 4.30M | SH | $39.58M 1.55% | 4.30M | 0.00 | 0.00 |
AMERICAS CAR-MART INCSOLE | COM | 644.69K | SH | $36.13M 1.42% | 644.69K | 0.00 | 0.00 |
AMNEAL PHARMACEUTICALS INCSOLE | COM STK CL A | 4.37M | SH | $35.33M 1.38% | 4.37M | 0.00 | 0.00 |
BIOVENTUS INCSOLE | COM CL A | 5.28M | SH | $34.96M 1.37% | 5.28M | 0.00 | 0.00 |
IMAX CORPSOLE | COM | 1.13M | SH | $31.71M 1.24% | 1.13M | 0.00 | 0.00 |
FULCRUM THERAPEUTICS INCSOLE | COM | 4.29M | SH | $29.50M 1.16% | 4.29M | 0.00 | 0.00 |
UNIQURE NVSOLE | SHS | 2.05M | SH | $28.60M 1.12% | 2.05M | 0.00 | 0.00 |
ABEONA THERAPEUTICS INCSOLE | COM NEW | 4.89M | SH | $27.77M 1.09% | 4.89M | 0.00 | 0.00 |
KRYSTAL BIOTECH INCSOLE | COM | 200K | SH | $27.49M 1.08% | 200K | 0.00 | 0.00 |
KEROS THERAPEUTICS INCSOLE | COM | 1.87M | SH | $24.97M 0.98% | 1.87M | 0.00 | 0.00 |
TITAN MACHY INCSOLE | COM | 1.14M | SH | $22.50M 0.88% | 1.14M | 0.00 | 0.00 |
LIVE NATION ENTERTAINMENT INSOLE | COM | 130.30K | SH | $19.71M 0.77% | 130.30K | 0.00 | 0.00 |
SERVICE PPTYS TRSOLE | COM SH BEN INT | 8.06M | SH | $19.26M 0.75% | 8.06M | 0.00 | 0.00 |
SAVARA INCSOLE | COM | 8.33M | SH | $18.98M 0.74% | 8.33M | 0.00 | 0.00 |
FOX FACTORY HLDG CORPSOLE | COM | 728.65K | SH | $18.90M 0.74% | 728.65K | 0.00 | 0.00 |
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