CANNELL CAPITAL LLC
13F Reported Value
ⓘ$162.9M
incl. option notional
Equity Holdings
ⓘ$154.0M
Option Notional
ⓘ$8.8M
$4.2M puts / $4.6M calls
Holdings
41
Latest Filing
2026-03-31
Filing Quarter
Q1 2026
Portfolio Overview
CANNELL CAPITAL LLC disclosed 41 positions worth $162.9M in its Form 13F-HR for Q1 2026 — $154.0M in common stock plus $8.8M of put/call option positions (reported at underlying notional value, not premium at risk), led by $NOA (North American Construction Group Ltd.) at 8.4% of the equity portfolio, followed by $SNDL and $ASIC. During the quarter the fund opened 14 new positions and exited 25 — including a new stake in $LIFE and a full exit from $EOSE. The portfolio is most concentrated in Financials (27.1% of disclosed assets). All figures are sourced directly from CANNELL CAPITAL LLC’s Form 13F-HR filing with the SEC under CIK 1058854.
AI Fund Analysis
DiversifyingSector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q1 2026
Click any card to unlockTop Holdings
- $13.0M962,731 sh
- —
Quality
$11.6M8,761,155 sh - 47.9#1,584
Quality
$9.6M486,504 sh - 63.2
Quality
$9.5M654,689 sh - 51.9
Quality
$8.4M341,985 sh - 58.1
Quality
$7.2M191,681 sh - 32.4
Quality
$7.0M257,360 sh - 19.4
Quality
$6.6M6,914,000 sh - 57.7
Quality
$6.2M71,692 sh - —
Quality
$6.0M150,066 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 North American Construction Group Ltd.$NOA | — | $13.0M | 962,731 |
 SNDL Inc.$SNDL | — | $11.6M | 8,761,155 |
 Ategrity Specialty Insurance Co Holdings$ASIC | 47.9#1,584 | $9.6M | 486,504 |
 NPK International Inc.$NPKI | 63.2 | $9.5M | 654,689 |
 Eton Pharmaceuticals, Inc.$ETON | 51.9 | $8.4M | 341,985 |
 NATURAL GAS SERVICES GROUP INC$NGS | 58.1 | $7.2M | 191,681 |
 Global Indemnity Group, LLC$GBLI | 32.4 | $7.0M | 257,360 |
 CHEGG, INC$CHGG | 19.4 | $6.6M | 6,914,000 |
 Turning Point Brands, Inc.$TPB | 57.7 | $6.2M | 71,692 |
 Gold.com, Inc.$GOLD | — | $6.0M | 150,066 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of CANNELL CAPITAL LLC's 41 positions.
Showing top 10 of 41 holdings.
Sector Allocation
Financials
$41.8M
Healthcare
$35.6M
Energy
$22.7M
Consumer Discretionary
$21.2M
Industrials
$12.3M
Consumer Staples
$11.5M
Technology
$5.1M
Communication Services
$3.7M
Full Holdings — CANNELL CAPITAL LLC (Q1 2026)
All 41 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $NOA | North American Construction Group Ltd. | $13.0M | 8.4% | -10% | — |
| 2 | $SNDL | SNDL Inc. | $11.6M | 7.5% | +0% | — |
| 3 | $ASIC | Ategrity Specialty Insurance Co Holdings | $9.6M | 6.2% | +51% | 47.9 |
| 4 | $NPKI | NPK International Inc. | $9.5M | 6.2% | -30% | 63.2 |
| 5 | $ETON | Eton Pharmaceuticals, Inc. | $8.4M | 5.5% | +58% | 51.9 |
| 6 | $NGS | NATURAL GAS SERVICES GROUP INC | $7.2M | 4.7% | -41% | 58.1 |
| 7 | $GBLI | Global Indemnity Group, LLC | $7.0M | 4.5% | +31% | 32.4 |
| 8 | $CHGG | CHEGG, INC | $6.6M | 4.3% | +179% | 19.4 |
| 9 | $TPB | Turning Point Brands, Inc. | $6.2M | 4.0% | +38% | 57.7 |
| 10 | $GOLD | Gold.com, Inc. | $6.0M | 3.9% | -34% | — |
| 11 |  $OSUR | ORASURE TECHNOLOGIES INC | $6.0M | 3.9% | +3% | 11.5 |
| 12 |  $MDXG | MIMEDX GROUP, INC. | $5.9M | 3.8% | +2% | 55.6 |
| 13 |  $CVGW | CALAVO GROWERS INC | $5.2M | 3.3% | +26% | 54.6 |
| 14 |  $OWLT | Owlet, Inc. | $5.1M | 3.3% | +131% | 32.5 |
| 15 |  $LIFE | Ethos Technologies Inc. | $5.1M | 3.3% | NEW | — |
| 16 |  $SJT | SAN JUAN BASIN ROYALTY TRUST | $4.4M | 2.8% | +9% | — |
| 17 |  $GPGI | GPGI, Inc. | $4.1M | 2.6% | -35% | 11.3 |
| 18 |  $BBW | BUILD-A-BEAR WORKSHOP INC | $4.0M | 2.6% | +38% | 61.7 |
| 19 |  $APEI | AMERICAN PUBLIC EDUCATION INC | $3.9M | 2.5% | -14% | 60.3 |
| 20 |  $LEE | LEE ENTERPRISES, Inc | $3.7M | 2.4% | +110% | 34 |
| 21 |  $VRCA | Verrica Pharmaceuticals Inc. | $3.6M | 2.4% | NEW | 26.1 |
| 22 |  $CVCO | CAVCO INDUSTRIES, INC. | $2.8M | 1.8% | -49% | 65.1 |
| 23 |  $RXTPUT | Rackspace Technology, Inc. | $2.6M | — | NEW | 37.2 |
| 24 |  $HIPO | Hippo Holdings Inc. | $2.5M | 1.6% | NEW | 59.1 |
| 25 | $HIPOCALL | Hippo Holdings Inc. | $2.5M | — | NEW | 59.1 |
| 26 |  $ROOT | Root, Inc. | $2.3M | 1.5% | NEW | 64.1 |
| 27 |  $PNRG | PRIMEENERGY RESOURCES CORP | $2.3M | 1.5% | +0% | 65.5 |
| 28 |  $ARX | Accelerant Holdings | $2.1M | 1.4% | NEW | 37.4 |
| 29 |  $OPRT | Oportun Financial Corp | $1.7M | 1.1% | NEW | 50.3 |
| 30 |  $NTIP | NETWORK-1 TECHNOLOGIES, INC. | $1.6M | 1.1% | +0% | — |
| 31 |  $SFIXCALL | Stitch Fix, Inc. | $1.5M | — | NEW | 41.3 |
| 32 |  $DGICA | DONEGAL GROUP INC | $1.4M | 0.9% | +0% | 58.7 |
| 33 | — | ISHARES TR | $868,000 | — | NEW | — |
| 34 | $CHGGCALL | CHEGG, INC | $686,370 | — | NEW | 19.4 |
| 35 |  $CVNAPUT | CARVANA CO. | $685,348 | — | +0% | 69.2 |
| 36 | $CHGG | CHEGG, INC | $303,367 | 0.2% | NEW | 19.4 |
| 37 |  $REAL | TheRealReal, Inc. | $249,736 | 0.2% | +70% | 54.2 |
| 38 |  $FLOC | Flowco Holdings Inc. | $206,000 | 0.1% | NEW | 66.3 |
| 39 | $SFIX | Stitch Fix, Inc. | $176,317 | 0.1% | +106% | 41.3 |
| 40 |  $MAMA | Mama's Creations, Inc. | $165,657 | 0.1% | NEW | 55.1 |
| 41 |  $POWW | Outdoor Holding Co | $70,983 | 0.1% | NEW | 32.4 |
New Positions (14)
$LIFE Ethos Technologies Inc.$5.1M$VRCA Verrica Pharmaceuticals Inc.$3.6M$RXTPUT Rackspace Technology, Inc.$2.6M$HIPO Hippo Holdings Inc.$2.5M$HIPOCALL Hippo Holdings Inc.$2.5M$ROOT Root, Inc.$2.3M$ARX Accelerant Holdings$2.1M$OPRT Oportun Financial Corp$1.7M$SFIXCALL Stitch Fix, Inc.$1.5M$CHGGCALL CHEGG, INC$686,370$FLOC Flowco Holdings Inc.$206,000$MAMA Mama's Creations, Inc.$165,657$POWW Outdoor Holding Co$70,983Exited Positions (25)
$EOSEPUT Eos Energy Enterprises, Inc.
$FLNCPUT Fluence Energy, Inc.
$RGTIPUT Rigetti Computing, Inc.
$COMP Compass, Inc.
$SVV Savers Value Village, Inc.$NPKICALL NPK International Inc.
$QSPUT QuantumScape Corp
$SESPUT SES AI Corp
$FCELPUT FUELCELL ENERGY INC
$GSAT Globalstar, Inc.
$FFAIPUT FARADAY FUTURE INTELLIGENT ELECTRIC INC.
$SWKHL SWK Holdings Corp
$MVSTPUT Microvast Holdings, Inc.
$WINA WINMARK CORP
$LWLGPUT Lightwave Logic, Inc.Browse Top Institutional Investors
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