13F HOLDINGS REPORT
Nantahala Capital Management, LLC
Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001104659-25-078700
Total Value
$2.55B
Positions
158
Other Managers
0
Confidential Omitted
No
Holdings (158)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 464287655 | 3,600,000 | $776.8M | 30.44% |
| 2 | SOLENO THERAPEUTICS INC | SLNO | 1,001,350 | $83.9M | 3.29% |
| 3 | HILTON GRAND VACATIONS INC | HGV | 1,988,858 | $82.6M | 3.24% |
| 4 | ESTABLISHMENT LABS HLDGS INC | ESTA | 1,775,530 | $75.8M | 2.97% |
| 5 | SPDR SERIES TRUST | 78464A870 | 800,000 | $66.3M | 2.60% |
| 6 | BANCORP INC DEL | TBBK | 968,503 | $55.2M | 2.16% |
| 7 | HERBALIFE LTD | HLF | 6,300,000 | $54.3M | 2.13% |
| 8 | XTANT MED HLDGS INC | 98420P308 | 68,394,000 | $50.5M | 1.98% |
| 9 | VIATRIS INC | VTRS | 5,000,000 | $44.6M | 1.75% |
| 10 | EVOLUS INC | EOLS | 4,197,926 | $38.7M | 1.51% |
| 11 | AMERICAS CAR-MART INC | 03062T105 | 644,686 | $36.1M | 1.42% |
| 12 | AMNEAL PHARMACEUTICALS INC | AMRX | 4,367,438 | $35.3M | 1.38% |
| 13 | BIOVENTUS INC | BVS | 5,280,842 | $35.0M | 1.37% |
| 14 | IMAX CORP | IMAX | 1,133,993 | $31.7M | 1.24% |
| 15 | FULCRUM THERAPEUTICS INC | FULC | 4,288,299 | $29.5M | 1.16% |
| 16 | UNIQURE NV | QURE | 2,051,852 | $28.6M | 1.12% |
| 17 | KRYSTAL BIOTECH INC | KRYS | 200,000 | $27.5M | 1.08% |
| 18 | ABEONA THERAPEUTICS INC | ABEO | 4,369,665 | $24.8M | 0.97% |
| 19 | HILTON GRAND VACATIONS INC | HGV | 575,000 | $23.9M | 0.94% |
| 20 | PELOTON INTERACTIVE INC | PTON | 3,267,737 | $22.7M | 0.89% |
| 21 | TITAN MACHY INC | KMCM | 1,135,552 | $22.5M | 0.88% |
| 22 | KEROS THERAPEUTICS INC | KROS | 1,620,692 | $21.6M | 0.85% |
| 23 | PELOTON INTERACTIVE INC | PTON | 3,000,000 | $20.8M | 0.82% |
| 24 | LIVE NATION ENTERTAINMENT IN | LYV | 130,300 | $19.7M | 0.77% |
| 25 | SERVICE PPTYS TR | 81761L102 | 8,057,887 | $19.3M | 0.75% |
| 26 | SAVARA INC | SVRA | 8,325,375 | $19.0M | 0.74% |
| 27 | FOX FACTORY HLDG CORP | FOXF | 728,648 | $18.9M | 0.74% |
| 28 | AMYLYX PHARMACEUTICALS INC | AMLX | 2,934,405 | $18.8M | 0.74% |
| 29 | RMR GROUP INC | RMR | 1,147,902 | $18.8M | 0.74% |
| 30 | NEKTAR THERAPEUTICS | NKTR | 709,761 | $18.3M | 0.72% |
| 31 | GLOBUS MED INC | GMED | 300,000 | $17.7M | 0.69% |
| 32 | TANGO THERAPEUTICS INC | TNGX | 3,439,594 | $17.6M | 0.69% |
| 33 | CAMPING WORLD HLDGS INC | CWH | 1,000,000 | $17.2M | 0.67% |
| 34 | EVENTBRITE INC | EVEX-WT | 6,381,395 | $16.8M | 0.66% |
| 35 | TEVA PHARMACEUTICAL INDS LTD | 881624209 | 1,000,000 | $16.8M | 0.66% |
| 36 | ETON PHARMACEUTICALS INC | ETON | 1,175,951 | $16.8M | 0.66% |
| 37 | THIRD HARMONIC BIO INC | 88427A107 | 2,938,700 | $16.0M | 0.63% |
| 38 | GOGO INC | GOGO | 1,044,415 | $15.3M | 0.60% |
| 39 | DISC MEDICINE INC | IRON | 287,800 | $15.2M | 0.60% |
| 40 | INDUSTRIAL LOGISTICS PPTYS T | 456237106 | 3,206,219 | $14.6M | 0.57% |
| 41 | CAESARS ENTERTAINMENT INC NE | 12769G100 | 500,000 | $14.2M | 0.56% |
| 42 | UROGEN PHARMA LTD | URGN | 1,000,000 | $13.7M | 0.54% |
| 43 | AURA BIOSCIENCES INC | AURA | 2,117,697 | $13.3M | 0.52% |
| 44 | ZEVRA THERAPEUTICS INC | ZVRA | 1,471,936 | $13.0M | 0.51% |
| 45 | VERASTEM INC | VSTM | 2,954,735 | $12.3M | 0.48% |
| 46 | COGENT BIOSCIENCES INC | COGT | 1,655,689 | $11.9M | 0.47% |
| 47 | COMPASS PATHWAYS PLC | CMPS | 4,179,930 | $11.7M | 0.46% |
| 48 | ABIVAX SA | AAVXF | 1,482,994 | $11.3M | 0.44% |
| 49 | JEFFERSON CAPITAL INC | JCAP | 600,000 | $11.1M | 0.43% |
| 50 | RESERVOIR MEDIA INC | RSVRW | 1,442,136 | $11.1M | 0.43% |
| 51 | TRISALUS LIFE SCIENCES INC | TLSIW | 2,000,000 | $10.9M | 0.43% |
| 52 | JACK IN THE BOX INC | JACK | 600,000 | $10.5M | 0.41% |
| 53 | REZOLUTE INC | RZLT | 2,291,395 | $10.2M | 0.40% |
| 54 | TELA BIO INC | TELA | 5,111,588 | $9.9M | 0.39% |
| 55 | 1 800 FLOWERS COM INC | FLWS | 2,000,000 | $9.8M | 0.39% |
| 56 | CODEXIS INC | CDXS | 4,030,619 | $9.8M | 0.39% |
| 57 | BENITEC BIOPHARMA INC | BNTC | 838,095 | $9.8M | 0.38% |
| 58 | RED VIOLET INC | RDVT | 194,339 | $9.6M | 0.37% |
| 59 | RH | RH | 50,000 | $9.5M | 0.37% |
| 60 | TOURMALINE BIO INC | 89157D105 | 558,187 | $8.9M | 0.35% |
| 61 | THE ONE GROUP HOSPITALITY IN | 88338K103 | 2,121,084 | $8.6M | 0.34% |
| 62 | SOLID BIOSCIENCES INC | SLDB | 1,703,336 | $8.3M | 0.33% |
| 63 | DICKS SPORTING GOODS INC | 253393102 | 40,000 | $7.9M | 0.31% |
| 64 | RAPT THERAPEUTICS INC | 75382E208 | 951,613 | $7.6M | 0.30% |
| 65 | RUMBLEON INC | RUMBW | 3,272,845 | $7.6M | 0.30% |
| 66 | FOSSIL GROUP INC | FOSL | 5,087,803 | $7.5M | 0.30% |
| 67 | APYX MEDICAL CORPORATION | APYX | 3,338,048 | $7.5M | 0.29% |
| 68 | CENTESSA PHARMACEUTICALS PLC | CNTA | 554,803 | $7.3M | 0.29% |
| 69 | AKEBIA THERAPEUTICS INC | AKBA | 2,000,000 | $7.3M | 0.29% |
| 70 | DYNE THERAPEUTICS INC | DYN | 745,062 | $7.1M | 0.28% |
| 71 | HERBALIFE LTD | HLF | 822,298 | $7.1M | 0.28% |
| 72 | SYNDAX PHARMACEUTICALS INC | SNDX | 754,503 | $7.1M | 0.28% |
| 73 | DHI GROUP INC | DHX | 2,374,027 | $7.1M | 0.28% |
| 74 | ALTA EQUIPMENT GROUP INC | ALTG-PA | 1,042,769 | $6.6M | 0.26% |
| 75 | UPSTREAM BIO INC | UPB | 594,971 | $6.5M | 0.26% |
| 76 | XENCOR INC | XNCR | 820,103 | $6.4M | 0.25% |
| 77 | VIEMED HEALTHCARE INC | VMD | 932,445 | $6.4M | 0.25% |
| 78 | ANTERIS TECHNOLOGIES GLOBAL | AVR | 1,693,666 | $6.4M | 0.25% |
| 79 | ELUTIA INC | ELUT | 3,184,947 | $6.3M | 0.25% |
| 80 | ADC THERAPEUTICS SA | ADCT | 2,266,289 | $6.1M | 0.24% |
| 81 | SILENCE THERAPEUTICS PLC | SLNCF | 1,042,427 | $6.0M | 0.24% |
| 82 | ITEOS THERAPEUTICS INC | 46565G104 | 596,666 | $5.9M | 0.23% |
| 83 | DISTRIBUTION SOLUTIONS GRP I | 520776105 | 210,800 | $5.8M | 0.23% |
| 84 | ASTRIA THERAPEUTICS INC | 04635X102 | 1,069,530 | $5.7M | 0.22% |
| 85 | THERATECHNOLOGIES INC | 88338H704 | 2,422,563 | $5.7M | 0.22% |
| 86 | EHEALTH INC | EHTH | 1,311,441 | $5.7M | 0.22% |
| 87 | ASSERTIO HOLDINGS INC | ASRT | 8,810,073 | $5.6M | 0.22% |
| 88 | PALVELLA THERAPEUTICS INC NE | PVLA | 250,062 | $5.6M | 0.22% |
| 89 | EYEPOINT PHARMACEUTICALS INC | EYPT | 593,091 | $5.6M | 0.22% |
| 90 | INSPIREMD INC | NSPR | 2,318,017 | $5.3M | 0.21% |
| 91 | NN INC | NNBR | 2,441,416 | $5.1M | 0.20% |
| 92 | AVALO THERAPEUTICS INC | AVTX | 995,000 | $5.0M | 0.19% |
| 93 | MINERALYS THERAPEUTICS INC | MLYS | 353,982 | $4.8M | 0.19% |
| 94 | HAIN CELESTIAL GROUP INC | HAIN | 3,000,000 | $4.6M | 0.18% |
| 95 | UNICYCIVE THERAPEUTICS INC | UNCY | 939,202 | $4.6M | 0.18% |
| 96 | CARGO THERAPEUTICS INC | 14179K101 | 1,100,000 | $4.5M | 0.18% |
| 97 | ANEBULO PHARMACEUTICALS INC | ANEB | 3,036,325 | $4.4M | 0.17% |
| 98 | INHIBIKASE THERAPEUTICS INC | IKT | 2,190,000 | $4.3M | 0.17% |
| 99 | QUINCE THERAPEUTICS INC | QNCX | 2,528,302 | $4.2M | 0.16% |
| 100 | GAIA INC NEW | GAIA | 914,618 | $4.0M | 0.16% |
| 101 | VISTAGEN THERAPEUTICS INC | VTGN | 1,978,492 | $4.0M | 0.16% |
| 102 | RUMBLEON INC | RUMBW | 1,700,000 | $3.9M | 0.15% |
| 103 | SCPHARMACEUTICALS INC | 810648105 | 995,438 | $3.8M | 0.15% |
| 104 | VERVE THERAPEUTICS INC | 92539P101 | 331,437 | $3.7M | 0.15% |
| 105 | GRACE THERAPEUTICS INC | GRCE | 1,178,203 | $3.5M | 0.14% |
| 106 | STRUCTURE THERAPEUTICS INC | GPCR | 168,553 | $3.5M | 0.14% |
| 107 | KEROS THERAPEUTICS INC | KROS | 250,000 | $3.3M | 0.13% |
| 108 | PAYONEER GLOBAL INC | PAYO | 483,836 | $3.3M | 0.13% |
| 109 | NEUROPACE INC | NPCE | 295,089 | $3.3M | 0.13% |
| 110 | NOODLES & CO | NDLS | 4,505,489 | $3.2M | 0.13% |
| 111 | OPUS GENETICS INC | IRD | 3,345,923 | $3.2M | 0.12% |
| 112 | STRUCTURE THERAPEUTICS INC | GPCR | 150,000 | $3.1M | 0.12% |
| 113 | COLUMBUS MCKINNON CORP N Y | CMCO | 203,628 | $3.1M | 0.12% |
| 114 | ELEDON PHARMACEUTICALS INC | ELDN | 1,141,237 | $3.1M | 0.12% |
| 115 | ABEONA THERAPEUTICS INC | ABEO | 520,000 | $3.0M | 0.12% |
| 116 | KOSMOS ENERGY LTD | KOS | 1,716,593 | $3.0M | 0.12% |
| 117 | DESTINATION XL GROUP INC | DXLG | 2,576,774 | $2.9M | 0.11% |
| 118 | CAESARS ENTERTAINMENT INC NE | 12769G100 | 98,879 | $2.8M | 0.11% |
| 119 | READING INTL INC | 755408101 | 1,921,088 | $2.6M | 0.10% |
| 120 | ENVVENO MEDICAL CORPORATION | NVNO | 594,661 | $2.4M | 0.09% |
| 121 | AYTU BIOPHARMA INC | AYTU | 1,086,812 | $2.4M | 0.09% |
| 122 | KODIAK SCIENCES INC | KOD | 590,884 | $2.2M | 0.09% |
| 123 | SCULLY ROYALTY LTD | SRL | 368,182 | $2.1M | 0.08% |
| 124 | SURROZEN INC | SRZNW | 229,527 | $2.1M | 0.08% |
| 125 | ACHIEVE LIFE SCIENCES INC | ACHV | 898,885 | $2.0M | 0.08% |
| 126 | SENTI BIOSCIENCES INC | SNTI | 888,000 | $1.9M | 0.07% |
| 127 | Y-MABS THERAPEUTICS INC | 984241109 | 351,878 | $1.6M | 0.06% |
| 128 | TELA BIO INC | TELA | 750,000 | $1.5M | 0.06% |
| 129 | PERFECT CORP | PERF-WT | 583,925 | $1.3M | 0.05% |
| 130 | EDESA BIOTECH INC | EDSA | 625,000 | $1.3M | 0.05% |
| 131 | CONTEXT THERAPEUTICS INC | CNTX | 1,935,484 | $1.3M | 0.05% |
| 132 | ALTISOURCE PORTFOLIO SOLUTIO | ASPSW | 2,477,312 | $1.3M | 0.05% |
| 133 | ALTISOURCE PORTFOLIO SOLUTIO | ASPSW | 2,477,312 | $1.2M | 0.05% |
| 134 | ALTISOURCE PORTFOLIO SOLUTIO | L0175J104 | 135,601 | $1.2M | 0.05% |
| 135 | DARIOHEALTH CORP | DRIO | 1,692,303 | $1.1M | 0.04% |
| 136 | BIOMX INC | PHGE | 2,493,309 | $1.1M | 0.04% |
| 137 | STRATA SKIN SCIENCES INC | SSKN | 403,917 | $924,970 | 0.04% |
| 138 | EVOLUS INC | EOLS | 100,000 | $921,000 | 0.04% |
| 139 | TALPHERA INC | TLPH | 1,992,519 | $916,957 | 0.04% |
| 140 | OLAPLEX HLDGS INC | OLPX | 650,000 | $910,000 | 0.04% |
| 141 | ACME UTD CORP | 004816104 | 20,427 | $846,699 | 0.03% |
| 142 | PATHWARD FINANCIAL INC | CASH | 8,341 | $659,940 | 0.03% |
| 143 | SPAR GROUP INC | SGRP | 660,688 | $634,260 | 0.02% |
| 144 | KIORA PHARMACEUTICALS INC | KPHMW | 211,110 | $607,997 | 0.02% |
| 145 | FORTRESS BIOTECH INC | FBIOP | 325,520 | $605,467 | 0.02% |
| 146 | EXAGEN INC | XGN | 61,186 | $427,078 | 0.02% |
| 147 | EVOKE PHARMA INC | 30049G302 | 148,153 | $385,198 | 0.02% |
| 148 | APREA THERAPEUTICS INC | APRE | 205,760 | $347,734 | 0.01% |
| 149 | LADDER CAP CORP | LADR | 25,401 | $273,061 | 0.01% |
| 150 | CHILDRENS PL INC NEW | 168905107 | 57,030 | $252,643 | 0.01% |
| 151 | ONKURE THERAPEUTICS INC | OKUR | 54,208 | $129,557 | 0.01% |
| 152 | LUCID DIAGNOSTICS INC | LUCD | 94,541 | $108,722 | 0.00% |
| 153 | UROGEN PHARMA LTD | URGN | 6,703 | $91,831 | 0.00% |
| 154 | TRANSACT TECHNOLOGIES INC | TACT | 15,046 | $55,068 | 0.00% |
| 155 | GUARDFORCE AI CO LTD | GFAIW | 154,205 | $37,703 | 0.00% |
| 156 | BIODESIX INC | BDSX | 84,903 | $23,960 | 0.00% |
| 157 | PERFECT CORP | PERF-WT | 16,075 | $660 | 0.00% |
| 158 | IMMATICS N.V | IMTX | 248,506 | $149 | 0.00% |