Filed: 2/11/2026ACC: 0001418746-26-000001
📋 What this filing means
POTOMAC CAPITAL MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 69 equity positions with a total reported market value of $124.48M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
69
Positions
$124.48M
Total AUM (reported)
17.61M
Total Shares
Allocation by class
COM$113.97M91.6%
WRNT$5.06M4.1%
ADRS$2.30M1.8%
REIT$1.35M1.1%
ETF$1.35M1.1%
LTDP$348.4K0.3%
CL A$58.8K0.0%
Portfolio Concentration
Top 3$38.90M31.2%
4–10$28.33M22.8%
11–25$33.54M26.9%
Rest$23.72M19.1%
Top 3 weight
31.2%
Top 10 weight
54.0%
Voting Authority Distribution
Total shares with voting rights: 17.61M
Sole
Full voting authority
17.61M
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)
Sole69
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings69
Rows:
ECHOSTAR HOLDING CORP-A
SOLEShares248.90K
TypeSH
Market value$27.06M
21.73%
Sole
248.90K
Shared
0.00
None
0.00
INSPIRED ENTERTAINMENT INC
SOLEShares650.50K
TypeSH
Market value$6.09M
4.89%
Sole
650.50K
Shared
0.00
None
0.00
VIANT TECHNOLOGY INC-A
SOLEShares477.75K
TypeSH
Market value$5.75M
4.62%
Sole
477.75K
Shared
0.00
None
0.00
LESAKA TECHNOLOGIES INC
SOLEShares999.12K
TypeSH
Market value$4.77M
3.83%
Sole
999.12K
Shared
0.00
None
0.00
CONX CORP
SOLEShares1.20M
TypeSH
Market value$4.38M
3.52%
Sole
1.20M
Shared
0.00
None
0.00
PERMA-FIX ENVIRONMENTAL SVCS
SOLEShares341.80K
TypeSH
Market value$4.30M
3.46%
Sole
341.80K
Shared
0.00
None
0.00
ANTERIX INC
SOLEShares187.90K
TypeSH
Market value$4.10M
3.30%
Sole
187.90K
Shared
0.00
None
0.00
XPERI INC-W/I
SOLEShares690K
TypeSH
Market value$4.04M
3.25%
Sole
690K
Shared
0.00
None
0.00
ALLOT COMMUNICATIONS LTD
SOLEShares354.29K
TypeSH
Market value$3.48M
2.80%
Sole
354.29K
Shared
0.00
None
0.00
KVH INDUSTRIES INC
SOLEShares466.60K
TypeSH
Market value$3.25M
2.61%
Sole
466.60K
Shared
0.00
None
0.00
GAIN THERAPEUTICS INC
SOLEShares1.01M
TypeSH
Market value$3.25M
2.61%
Sole
1.01M
Shared
0.00
None
0.00
CLARUS CORPORATION
SOLEShares968.50K
TypeSH
Market value$3.24M
2.61%
Sole
968.50K
Shared
0.00
None
0.00
CONDUENT INC
SOLEShares1.65M
TypeSH
Market value$3.16M
2.54%
Sole
1.65M
Shared
0.00
None
0.00
DUOS TECHNOLOGIES GROUP INC
SOLEShares274.24K
TypeSH
Market value$3.09M
2.48%
Sole
274.24K
Shared
0.00
None
0.00
GROUPON INC
SOLEShares149.50K
TypeSH
Market value$2.63M
2.11%
Sole
149.50K
Shared
0.00
None
0.00
ISHARES RUSSELL 2000
SOLEShares10K
TypeSH
Market value$2.46M
1.98%
Sole
10K
Shared
0.00
None
0.00
COMPOSECURE INC
SOLEShares117K
TypeSH
Market value$2.26M
1.81%
Sole
117K
Shared
0.00
None
0.00
LIONSGATE STUDIOS HOLDING CO
SOLEShares225K
TypeSH
Market value$2.05M
1.65%
Sole
225K
Shared
0.00
None
0.00
ENERFLEX LTD
SOLEShares128.40K
TypeSH
Market value$1.98M
1.59%
Sole
128.40K
Shared
0.00
None
0.00
CADIZ INC
SOLEShares335K
TypeSH
Market value$1.88M
1.51%
Sole
335K
Shared
0.00
None
0.00
AMERICAN VANGUARD CORP
SOLEShares458.30K
TypeSH
Market value$1.75M
1.41%
Sole
458.30K
Shared
0.00
None
0.00
INFORMATION SERVICES GROUP
SOLEShares291.80K
TypeSH
Market value$1.69M
1.35%
Sole
291.80K
Shared
0.00
None
0.00
ALIBABA GROUP HOLDING LTD
SOLEShares11K
TypeSH
Market value$1.61M
1.30%
Sole
11K
Shared
0.00
None
0.00
PIXELWORKS INC
SOLEShares200K
TypeSH
Market value$1.27M
1.02%
Sole
200K
Shared
0.00
None
0.00
TECHPRECISION CORP
SOLEShares249.56K
TypeSH
Market value$1.21M
0.97%
Sole
249.56K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ECHOSTAR HOLDING CORP-ASOLE | COM | 248.90K | SH | $27.06M 21.73% | 248.90K | 0.00 | 0.00 |
INSPIRED ENTERTAINMENT INCSOLE | COM | 650.50K | SH | $6.09M 4.89% | 650.50K | 0.00 | 0.00 |
VIANT TECHNOLOGY INC-ASOLE | COM | 477.75K | SH | $5.75M 4.62% | 477.75K | 0.00 | 0.00 |
LESAKA TECHNOLOGIES INCSOLE | COM | 999.12K | SH | $4.77M 3.83% | 999.12K | 0.00 | 0.00 |
CONX CORPSOLE | WRNT | 1.20M | SH | $4.38M 3.52% | 1.20M | 0.00 | 0.00 |
PERMA-FIX ENVIRONMENTAL SVCSSOLE | COM | 341.80K | SH | $4.30M 3.46% | 341.80K | 0.00 | 0.00 |
ANTERIX INCSOLE | COM | 187.90K | SH | $4.10M 3.30% | 187.90K | 0.00 | 0.00 |
XPERI INC-W/ISOLE | COM | 690K | SH | $4.04M 3.25% | 690K | 0.00 | 0.00 |
ALLOT COMMUNICATIONS LTDSOLE | COM | 354.29K | SH | $3.48M 2.80% | 354.29K | 0.00 | 0.00 |
KVH INDUSTRIES INCSOLE | COM | 466.60K | SH | $3.25M 2.61% | 466.60K | 0.00 | 0.00 |
GAIN THERAPEUTICS INCSOLE | COM | 1.01M | SH | $3.25M 2.61% | 1.01M | 0.00 | 0.00 |
CLARUS CORPORATIONSOLE | COM | 968.50K | SH | $3.24M 2.61% | 968.50K | 0.00 | 0.00 |
CONDUENT INCSOLE | COM | 1.65M | SH | $3.16M 2.54% | 1.65M | 0.00 | 0.00 |
DUOS TECHNOLOGIES GROUP INCSOLE | COM | 274.24K | SH | $3.09M 2.48% | 274.24K | 0.00 | 0.00 |
GROUPON INCSOLE | COM | 149.50K | SH | $2.63M 2.11% | 149.50K | 0.00 | 0.00 |
ISHARES RUSSELL 2000SOLE | COM | 10K | SH | $2.46M 1.98% | 10K | 0.00 | 0.00 |
COMPOSECURE INCSOLE | COM | 117K | SH | $2.26M 1.81% | 117K | 0.00 | 0.00 |
LIONSGATE STUDIOS HOLDING COSOLE | COM | 225K | SH | $2.05M 1.65% | 225K | 0.00 | 0.00 |
ENERFLEX LTDSOLE | COM | 128.40K | SH | $1.98M 1.59% | 128.40K | 0.00 | 0.00 |
CADIZ INCSOLE | COM | 335K | SH | $1.88M 1.51% | 335K | 0.00 | 0.00 |
AMERICAN VANGUARD CORPSOLE | COM | 458.30K | SH | $1.75M 1.41% | 458.30K | 0.00 | 0.00 |
INFORMATION SERVICES GROUPSOLE | COM | 291.80K | SH | $1.69M 1.35% | 291.80K | 0.00 | 0.00 |
ALIBABA GROUP HOLDING LTDSOLE | ADRS | 11K | SH | $1.61M 1.30% | 11K | 0.00 | 0.00 |
PIXELWORKS INCSOLE | COM | 200K | SH | $1.27M 1.02% | 200K | 0.00 | 0.00 |
TECHPRECISION CORPSOLE | COM | 249.56K | SH | $1.21M 0.97% | 249.56K | 0.00 | 0.00 |
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