13F COMBINATION REPORT
GENDELL JEFFREY L
Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001214659-25-012255
Total Value
$3.77B
Positions
118
Other Managers
3
Confidential Omitted
No
Holdings (118)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | IES HOLDINGS INC | IESC | 5,614,644 | $1.66B | 44.16% |
| 2 | IES HOLDINGS INC | IESC | 4,105,859 | $1.22B | 32.29% |
| 3 | IES HOLDINGS INC | IESC | 955,835 | $283.1M | 7.52% |
| 4 | ISHARES RUSSELL 2000 ETF | 464287655 | 140,000 | $30.2M | 0.80% |
| 5 | BLUELINX HOLDINGS INC | BXC | 375,255 | $27.9M | 0.74% |
| 6 | VANECK OIL SERVICES ETF | 92189H607 | 110,197 | $25.4M | 0.67% |
| 7 | AVADEL PHARMACEUTICALS | G29687103 | 2,793,759 | $24.7M | 0.66% |
| 8 | AVADEL PHARMACEUTICALS | G29687103 | 2,382,852 | $21.1M | 0.56% |
| 9 | ALPHA METALLURGICAL RESOURCE | 020764106 | 169,716 | $19.1M | 0.51% |
| 10 | MICRON TECHNOLOGY INC | MU | 124,500 | $15.3M | 0.41% |
| 11 | OWENS CORNING | OC | 108,741 | $15.0M | 0.40% |
| 12 | ALPHA METALLURGICAL RESOURCE | 020764106 | 126,680 | $14.2M | 0.38% |
| 13 | BLUELINX HOLDINGS INC | BXC | 188,475 | $14.0M | 0.37% |
| 14 | REPUBLIC BANCORP INC-CLASS A | RBCAA | 142,916 | $10.4M | 0.28% |
| 15 | TETRA TECHNOLOGIES INC | 88162F105 | 3,064,614 | $10.3M | 0.27% |
| 16 | SCHLUMBERGER LTD | SLB | 300,000 | $10.1M | 0.27% |
| 17 | PATRICK INDUSTRIES INC | 703343103 | 105,088 | $9.7M | 0.26% |
| 18 | MOHAWK INDUSTRIES INC | 608190104 | 82,500 | $8.6M | 0.23% |
| 19 | LSB INDUSTRIES INC | 502160104 | 1,103,693 | $8.6M | 0.23% |
| 20 | CHAMPION HOMES INC | SKY | 135,349 | $8.5M | 0.22% |
| 21 | IF BANCORP INC | 44951J105 | 318,978 | $7.8M | 0.21% |
| 22 | OIL STATES INTERNATIONAL INC | 678026105 | 1,357,718 | $7.3M | 0.19% |
| 23 | ADVANCED MICRO DEVICES | AMD | 50,578 | $7.2M | 0.19% |
| 24 | ATKORE INC | ATKR | 97,726 | $6.9M | 0.18% |
| 25 | INNOSPEC INC | IOSP | 79,781 | $6.7M | 0.18% |
| 26 | INDIVIOR PLC | INDV | 450,548 | $6.6M | 0.18% |
| 27 | LSB INDUSTRIES INC | 502160104 | 840,772 | $6.6M | 0.17% |
| 28 | LIBERTY ENERGY INC | LBRT | 567,463 | $6.5M | 0.17% |
| 29 | ISHARES RUSSELL 2000 ETF | 464287655 | 30,000 | $6.5M | 0.17% |
| 30 | UFP INDUSTRIES INC | UFPI | 65,000 | $6.5M | 0.17% |
| 31 | CORNING INC | GLW | 120,000 | $6.3M | 0.17% |
| 32 | PEOPLES BANCORP OF NC | PEBO | 217,763 | $6.3M | 0.17% |
| 33 | NABORS INDUSTRIES LTD | NBRWF | 220,741 | $6.2M | 0.16% |
| 34 | INDIVIOR PLC | INDV | 405,933 | $6.0M | 0.16% |
| 35 | VANECK OIL SERVICES ETF | 92189H607 | 25,000 | $5.8M | 0.15% |
| 36 | FIRST UNITED CORP | 33741H107 | 178,352 | $5.5M | 0.15% |
| 37 | OWENS CORNING | OC | 40,000 | $5.5M | 0.15% |
| 38 | SANDISK CORP | SNDK | 119,839 | $5.4M | 0.14% |
| 39 | MICRON TECHNOLOGY INC | MU | 42,500 | $5.2M | 0.14% |
| 40 | MATRIX SERVICE CO | 576853105 | 384,334 | $5.2M | 0.14% |
| 41 | FIRST MID BANCSHARES INC | 320866106 | 137,473 | $5.2M | 0.14% |
| 42 | APPLE INC | AAPL | 25,000 | $5.1M | 0.14% |
| 43 | APPLE INC | AAPL | 25,000 | $5.1M | 0.14% |
| 44 | WESTERN DIGITAL CORP | WDC | 80,000 | $5.1M | 0.14% |
| 45 | SCHLUMBERGER LTD | SLB | 150,000 | $5.1M | 0.13% |
| 46 | AMBAC FINANCIAL GROUP INC | OSG | 713,183 | $5.1M | 0.13% |
| 47 | ALERUS FINANCIAL CORP | 01446U103 | 233,700 | $5.1M | 0.13% |
| 48 | SPDR S&P BIOTECH ETF | 78464A870 | 60,000 | $5.0M | 0.13% |
| 49 | AMERISERV FINANCIAL INC | 03074A102 | 1,635,677 | $5.0M | 0.13% |
| 50 | CUMMINS INC | CMI | 15,000 | $4.9M | 0.13% |
| 51 | FIRST US BANCSHARES INC | FUSB | 377,741 | $4.9M | 0.13% |
| 52 | NOV INC | NOV | 387,891 | $4.8M | 0.13% |
| 53 | SELECT WATER SOLUTIONS INC | WTTR | 546,309 | $4.7M | 0.13% |
| 54 | CORE NATURAL RESOURCES INC | CNR | 67,061 | $4.7M | 0.12% |
| 55 | FRIEDMAN INDUSTRIES | 358435105 | 267,952 | $4.4M | 0.12% |
| 56 | CHOICEONE FINANCIAL SVCS INC | 170386106 | 148,548 | $4.3M | 0.11% |
| 57 | WINNEBAGO INDUSTRIES | 974637100 | 145,531 | $4.2M | 0.11% |
| 58 | SMART SAND INC | SND | 2,039,861 | $4.1M | 0.11% |
| 59 | DRILLING TOOLS INTERNATIONAL | 26205E107 | 1,414,027 | $4.0M | 0.11% |
| 60 | CORE LABORATORIES INC | CLB | 342,003 | $3.9M | 0.10% |
| 61 | PEABODY ENERGY CORP | BTU | 284,100 | $3.8M | 0.10% |
| 62 | FIRST TRUST NATURAL GAS ETF | 33733E807 | 160,000 | $3.7M | 0.10% |
| 63 | ATKORE INC | ATKR | 52,379 | $3.7M | 0.10% |
| 64 | ODP CORP/THE | 88337F105 | 202,428 | $3.7M | 0.10% |
| 65 | INTERFACE INC | TILE | 168,713 | $3.5M | 0.09% |
| 66 | AMBAC FINANCIAL GROUP INC | OSG | 485,237 | $3.4M | 0.09% |
| 67 | CITIZENS COMMUNITY BANCORP I | CIA | 248,319 | $3.4M | 0.09% |
| 68 | MOHAWK INDUSTRIES INC | 608190104 | 32,500 | $3.4M | 0.09% |
| 69 | TRANSOCEAN LTD | RIG | 1,300,000 | $3.4M | 0.09% |
| 70 | MATRIX SERVICE CO | 576853105 | 230,075 | $3.1M | 0.08% |
| 71 | SOUTHLAND HOLDINGS INC | SLND-WT | 741,563 | $3.1M | 0.08% |
| 72 | ODP CORP/THE | 88337F105 | 162,685 | $2.9M | 0.08% |
| 73 | MATERION CORP | MTRN | 37,103 | $2.9M | 0.08% |
| 74 | INVESCO S&P SMALLCAP ENERGY | IVZ | 74,869 | $2.9M | 0.08% |
| 75 | TOWER SEMICONDUCTOR LTD | TSEM | 66,000 | $2.9M | 0.08% |
| 76 | CORE NATURAL RESOURCES INC | CNR | 40,541 | $2.8M | 0.08% |
| 77 | KLX ENERGY SERVICES HOLDING | 48253L205 | 1,465,327 | $2.7M | 0.07% |
| 78 | SPDR S&P BIOTECH ETF | 78464A870 | 32,278 | $2.7M | 0.07% |
| 79 | CORE LABORATORIES INC | CLB | 227,468 | $2.6M | 0.07% |
| 80 | SUNCOKE ENERGY INC | SXC | 291,736 | $2.5M | 0.07% |
| 81 | FLEX LTD | FLEX | 50,000 | $2.5M | 0.07% |
| 82 | CAMDEN NATIONAL CORP | 133034108 | 61,269 | $2.5M | 0.07% |
| 83 | LUMEN TECHNOLOGIES INC | LUMN | 550,000 | $2.4M | 0.06% |
| 84 | CUMMINS INC | CMI | 7,240 | $2.4M | 0.06% |
| 85 | CHAMPION HOMES INC | SKY | 35,000 | $2.2M | 0.06% |
| 86 | BV FINANCIAL INC | 05603E208 | 141,262 | $2.2M | 0.06% |
| 87 | SHORE BANCSHARES INC | SHBI | 136,840 | $2.2M | 0.06% |
| 88 | NABORS INDUSTRIES LTD | NBRWF | 73,975 | $2.1M | 0.06% |
| 89 | SANDISK CORP | SNDK | 45,000 | $2.0M | 0.05% |
| 90 | TETRA TECHNOLOGIES INC | 88162F105 | 577,839 | $1.9M | 0.05% |
| 91 | MATERION CORP | MTRN | 24,193 | $1.9M | 0.05% |
| 92 | COHERENT CORP | COHR | 21,435 | $1.9M | 0.05% |
| 93 | NINE ENERGY SERVICE INC | NINE | 2,277,232 | $1.8M | 0.05% |
| 94 | ORION GROUP HOLDINGS INC | ORN | 191,791 | $1.7M | 0.05% |
| 95 | BABCOCK & WILCOX ENTERPR | BW-PA | 1,724,848 | $1.7M | 0.04% |
| 96 | NINE ENERGY SERVICE INC | NINE | 1,901,334 | $1.5M | 0.04% |
| 97 | FRIEDMAN INDUSTRIES | 358435105 | 86,624 | $1.4M | 0.04% |
| 98 | OIL STATES INTERNATIONAL INC | 678026105 | 250,000 | $1.3M | 0.04% |
| 99 | TOWER SEMICONDUCTOR LTD | TSEM | 27,099 | $1.2M | 0.03% |
| 100 | BLUE RIDGE BANKSHARES INC | BRBS | 312,221 | $1.1M | 0.03% |
| 101 | WESTERN DIGITAL CORP | WDC | 15,000 | $959,850 | 0.03% |
| 102 | COHERENT CORP | COHR | 9,915 | $884,517 | 0.02% |
| 103 | SB FINANCIAL GROUP INC | 78408D105 | 46,286 | $884,063 | 0.02% |
| 104 | PEABODY ENERGY CORP | BTU | 61,943 | $831,275 | 0.02% |
| 105 | BABCOCK & WILCOX ENTERPR | BW-PA | 850,000 | $817,785 | 0.02% |
| 106 | FIRST BANK/HAMILTON NJ | 31931U102 | 48,939 | $757,086 | 0.02% |
| 107 | FENNEC PHARMACEUTICALS INC | FENC | 73,494 | $610,000 | 0.02% |
| 108 | FENNEC PHARMACEUTICALS INC | FENC | 66,212 | $549,560 | 0.01% |
| 109 | KLX ENERGY SERVICES HOLDING | 48253L205 | 227,892 | $426,158 | 0.01% |
| 110 | INNOVEX INTERNATIONAL INC | INVX | 20,000 | $312,400 | 0.01% |
| 111 | INNOVEX INTERNATIONAL INC | INVX | 19,330 | $301,935 | 0.01% |
| 112 | TECOGEN INC/WALTHAM MA | TGEN | 41,700 | $283,560 | 0.01% |
| 113 | TRANSOCEAN LTD | RIG | 100,000 | $259,000 | 0.01% |
| 114 | LIBERTY ENERGY INC | LBRT | 21,295 | $244,467 | 0.01% |
| 115 | CIVISTA BANCSHARES INC | CIVB | 10,000 | $232,000 | 0.01% |
| 116 | OPTICAL CABLE CORP | OCC | 67,952 | $197,401 | 0.01% |
| 117 | IF BANCORP INC | 44951J105 | 7,201 | $175,319 | 0.00% |
| 118 | ALGOMA STEEL GROUP INC -CW26 | 015658115 | 93,408 | $47,638 | 0.00% |