Potomac Capital Management, Inc.
Sector Allocation
- Technology31.4%$42.9M
- Communication Services30.4%$41.6M
- Financials8.0%$10.9M
- Utilities6.4%$8.8M
- Other5.8%$7.9M
- Industrials5.7%$7.8M
- Consumer Discretionary5.1%$6.9M
- Healthcare3.9%$5.3M
- Materials1.7%$2.4M
- Real Estate1.1%$1.5M
AUM History
13fpro.ai/research/fund/potomac-capital-management-inc-1418746
Conviction and streaks
Concentrating · top 10 = 58.7%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
ECHO
$17.3MATEX
$16.0MLSAK
$7.5MPESI
$6.8MDSP
$6.8M- CONX$6.7M
WYY
$5.2MXPER
$5.1MINSE
$5.1MDUOT
$3.8MCLAR
$3.6MAIOT
$3.5MALLT
$3.3MGRPN
$3.0MLION
$2.6MKVHI
$2.6MFENC
$2.4MGANX
$1.9MSHMD
$1.8MGPGI
$1.8M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/potomac-capital-management-inc-1418746
Potomac Capital Management, Inc. 13F holdings — Q2 2026
$146.5M portfolio (+27.4% QoQ) · 68 holdings · Q2 2026 13F · top 10 are 59% of the stock portfolio
Includes $9.8M of put/call options ($9.0M puts, $841K calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $136.7M. Weights use the stock portfolio.
$17.3M
12.6% of stocks
-16%This quarter-2.9%Since filed3+ qtrsHeldAIQuality33.0#2,380Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$16.0M
11.7% of stocks
-11%This quarter-13.0%Since filed3+ qtrsHeld$7.5M
5.5% of stocks
+36%This quarter-13.0%Since filed3+ qtrsHeldAIQuality53.6#1,389Est. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$6.8M
5.0% of stocks
+61%This quarter-29.6%Since filed3+ qtrsHeld$6.8M
5.0% of stocks
+1%This quarter+6.2%Since filed3+ qtrsHeld- 6
CONX CORP - WRNT
$6.7M
4.9% of stocks
-13%This quarter—Since filed—HeldAIQuality—Est. buy— $5.2M
3.8% of stocks
+10%This quarter-23.7%Since filed3+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$5.1M
3.8% of stocks
+0.8%This quarter-23.0%Since filed3+ qtrsHeld$5.1M
3.7% of stocks
+0.0%This quarter-48.9%Since filed3+ qtrsHeld$3.8M
2.8% of stocks
-3%This quarter-35.7%Since filed3+ qtrsHeld
All holdings — Potomac Capital Management, Inc. (Q2 2026)
68 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | — PUT | ISHARES RUSSELL 2000 - COM | — | $4.1M | — | 14K | New | — | — | 13F |
| 12 | INVESCO QQQ TRUST, SERIES 1 | — | $3.7M | — | 5,000 | New | — | — | 13F | |
| 13 | Clarus Corp | Consumer Discretionary | $3.6M | 2.6% | 1.13M | — | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | Powerfleet, Inc. | Technology | $3.5M | 2.6% | 912K | +0.1% | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | Allot Ltd. | Technology | $3.3M | 2.4% | 374K | +0.1% | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | Groupon, Inc. | Communication Services | $3.0M | 2.2% | 123K | -21% | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | Lionsgate Studios Corp. | Communication Services | $2.6M | 1.9% | 169K | -22% | 3+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | KVH INDUSTRIES INC \DE\ | Communication Services | $2.6M | 1.9% | 261K | -44% | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | FENNEC PHARMACEUTICALS INC. | Healthcare | $2.4M | 1.8% | 224K | — | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | Gain Therapeutics, Inc. | Healthcare | $1.9M | 1.4% | 946K | -6% | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | SCHMID Group N.V. | Industrials | $1.8M | 1.3% | 288K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | GPGI, Inc. | Financials | $1.8M | 1.3% | 114K | — | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | Compass Diversified Holdings | Consumer Discretionary | $1.8M | 1.3% | 165K | -32% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | TECHPRECISION CORP | Industrials | $1.5M | 1.1% | 279K | +12% | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | CADIZ INC | Utilities | $1.5M | 1.1% | 350K | +4% | 3+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $ACVA | ACV Auctions Inc. | Industrials | $1.4M | 1.0% | 197K | New | |||
| 27 | $NN | NEXTNAV INC. | Technology | $1.4M | 1.0% | 79K | +111% | |||
| 28 | $ARLO | Arlo Technologies, Inc. | Technology | $1.3M | 1.0% | 100K | — | |||
| 29 | $GSIT | GSI TECHNOLOGY INC | Technology | $1.3M | 0.9% | 168K | -52% | |||
| 30 | $III | Information Services Group Inc. | Technology | $1.2M | 0.9% | 292K | — | |||
| 31 | $BAC | BANK OF AMERICA CORP /DE/ | Financials | $1.1M | 0.8% | 20K | — | |||
| 32 | $CSGP | COSTAR GROUP, INC. | Industrials | $1.1M | 0.8% | 40K | +233% | |||
| 33 | $SVC | Service Properties Trust | Real Estate | $1.1M | 0.8% | 647K | +210% | |||
| 34 | $BABA | Alibaba Group Holding Ltd | Consumer Discretionary | $1.0M | 0.8% | 11K | — | |||
| 35 | $ATEX PUT | Anterix Inc. | Communication Services | $1.0M | — | 10K | +33% | |||
| 36 | $AVD | AMERICAN VANGUARD CORP | Materials | $1.0M | 0.7% | 359K | -42% | |||
| 37 | $EOLS | Evolus, Inc. | Healthcare | $982K | 0.7% | 142K | — | |||
| 38 | $GILT | GILAT SATELLITE NETWORKS LTD | Technology | $970K | 0.7% | 73K | — | |||
| 39 | $BW | Babcock & Wilcox Enterprises, Inc. | Industrials | $902K | 0.7% | 64K | — | |||
| 40 | — | IPATH SERIES B S&P 500 VIX - ETF | — | $890K | 0.7% | 40K | New | |||
| 41 | $AVPT | AvePoint, Inc. | Technology | $846K | 0.6% | 76K | New | |||
| 42 | $KOPN | KOPIN CORP | Technology | $829K | 0.6% | 185K | New | |||
| 43 | $PRCH | Porch Group, Inc. | Technology | $752K | 0.6% | 50K | -19% | |||
| 44 | $NN CALL | NEXTNAV INC. | Technology | $713K | — | 40K | +300% | |||
| 45 | $FEAM | 5E Advanced Materials, Inc. | Materials | $704K | 0.5% | 506K | — | |||
| 46 | $ISPR | Ispire Technology Inc. | Consumer Staples | $670K | 0.5% | 599K | New | |||
| 47 | $PRTH | Priority Technology Holdings, Inc. | Industrials | $615K | 0.5% | 92K | -15% | |||
| 48 | $CDXS | CODEXIS, INC. | Materials | $588K | 0.4% | 260K | -5% | |||
| 49 | $PCYO | PURE CYCLE CORP | Utilities | $522K | 0.4% | 49K | — | |||
| 50 | $INTZ | INTRUSION INC | Technology | $481K | 0.3% | 518K | +11% | |||
| 51 | $XELB | XCel Brands, Inc. | Financials | $450K | 0.3% | 250K | -39% | |||
| 52 | $OWLT | Owlet, Inc. | Technology | $444K | 0.3% | 77K | +10% | |||
| 53 | $RMNI | Rimini Street, Inc. | Industrials | $406K | 0.3% | 95K | +14% | |||
| 54 | $FPH | Five Point Holdings, LLC | Real Estate | $395K | 0.3% | 75K | +25% | |||
| 55 | $BRLT | Brilliant Earth Group, Inc. | Consumer Discretionary | $384K | 0.3% | 340K | +8% | |||
| 56 | — | SHOE STATION GROUP INC - COM | — | $279K | 0.2% | 19K | — | |||
| 57 | $PMTS | CPI Card Group Inc. | Communication Services | $249K | 0.2% | 12K | -0.8% | |||
| 58 | $UTI PUT | UNIVERSAL TECHNICAL INSTITUTE INC | Consumer Discretionary | $214K | — | 5,000 | New | |||
| 59 | $UIS | UNISYS CORP | Technology | $183K | 0.1% | 50K | -48% | |||
| 60 | $ADTN | ADTRAN Holdings, Inc. | Technology | $139K | 0.1% | 10K | -87% | |||
| 61 | $FIGS | FIGS, Inc. | Consumer Discretionary | $128K | 0.1% | 13K | New | |||
| 62 | $DSP CALL | Viant Technology Inc. | Technology | $128K | — | 10K | New | |||
| 63 | $RELL | RICHARDSON ELECTRONICS, LTD. | Technology | $95K | 0.1% | 5,000 | New | |||
| 64 | $AVNW | AVIAT NETWORKS, INC. | Technology | $80K | 0.1% | 3,600 | +80% | |||
| 65 | $REE | REE Automotive Ltd. | Consumer Discretionary | $78K | 0.1% | 398K | -3% | |||
| 66 | $CNDT | CONDUENT Inc | Industrials | $73K | 0.1% | 50K | New | |||
| 67 | $MATW | MATTHEWS INTERNATIONAL CORP | Materials | $61K | 0.0% | 2,250 | — | |||
| 68 | $SPT | Sprout Social, Inc. | Technology | $755 | 0.0% | 100 | New |
What changed in Q2 2026
Against the previous quarter's 13F: 14 new, 21 added to, 19 trimmed, 13 sold out. Share-count changes; largest moves by dollar size first.
New positions (14)
- PUTISHARES RUSSELL 2000 - COM$4.1M
first bought this quarter
$QQQPUTINVESCO QQQ TRUST, SERIES 1$3.7M
first bought this quarter
first bought this quarter
$ACVAACV Auctions Inc.$1.4M
first bought this quarter
- IPATH SERIES B S&P 500 VIX - ETF$890K
first bought this quarter
$AVPTAvePoint, Inc.$846K
first bought this quarter
+8 more in the Excel export
Added to (21)
now $6.8M · held 3+ qtrs
now $7.5M · held 3+ qtrs, 2 adds in a row
$CSGPCOSTAR GROUP, INC.+233%
now $1.1M · held 2 qtrs, 2 adds in a row
$SVCService Properties Trust+210%
now $1.1M · held 3+ qtrs
$NNNEXTNAV INC.+111%
now $1.4M · held 3+ qtrs, 2 adds in a row
now $713K
+15 more in the Excel export
Trimmed (19)
now $17.3M · held 3+ qtrs, 2 trims in a row
now $2.6M · held 3+ qtrs
now $16.0M · held 3+ qtrs
$GSITGSI TECHNOLOGY INC-52%
now $1.3M · held 2 qtrs
- CONX CORP - WRNT-13%
now $6.7M
$ADTNADTRAN Holdings, Inc.-87%
now $139K · held 2 qtrs
+13 more in the Excel export
Holdings by quarter
Every 13F Potomac Capital Management, Inc. has filed, 20 earlier quarters. Pick one to see what it held then.
Is it too late to follow Potomac Capital Management?
Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Potomac Capital Management's top 20 holdings: 43/100 (our AI quality score, weighted by position size; 17 of the 20 are scored)
Top 10 since filing
-14.4%
Value-weighted move of the 10 largest stock positions
Turnover
12%
Last quarter
Top 10 weight
59%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
0%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q4 2025 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Potomac Capital Management, Inc. disclosed 68 positions worth $146.5M in its Form 13F-HR for Q2 2026 — $136.7M in common stock plus $9.8M of put/call option positions (reported at underlying notional value, not premium at risk), led by $ECHO (EchoStar CORP) at 12.6% of the equity portfolio, followed by $ATEX and $LSAK. During the quarter the fund opened 14 new positions and exited 13 and a full exit from $HCKT. The portfolio is most concentrated in Technology (31.4% of disclosed assets). All figures are sourced directly from Potomac Capital Management, Inc.’s Form 13F-HR filing with the SEC under CIK 1418746.
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13F Pro is an AI hedge fund tracker and stock research platform. For Potomac Capital Management, Inc. (SEC CIK: 1418746), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in Potomac Capital Management, Inc.'s portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.