13F COMBINATION REPORT
GENDELL JEFFREY L
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001214659-25-016654
Total Value
$5.44B
Positions
148
Other Managers
3
Confidential Omitted
No
Holdings (148)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | IES HOLDINGS INC | IESC | 5,614,644 | $2.23B | 41.07% |
| 2 | IES HOLDINGS INC | IESC | 4,105,859 | $1.63B | 30.03% |
| 3 | IES HOLDINGS INC | IESC | 809,998 | $322.1M | 5.92% |
| 4 | ALPHA METALLURGICAL RESOURCE | 020764106 | 318,826 | $52.3M | 0.96% |
| 5 | AVADEL PHARMACEUTICALS | G29687103 | 2,898,716 | $44.3M | 0.81% |
| 6 | AVADEL PHARMACEUTICALS | G29687103 | 2,416,094 | $36.9M | 0.68% |
| 7 | HUMANA INC | HUM | 133,388 | $34.7M | 0.64% |
| 8 | BLUELINX HOLDINGS INC | BXC | 448,817 | $32.8M | 0.60% |
| 9 | SANDISK CORP | SNDK | 252,339 | $28.3M | 0.52% |
| 10 | PEABODY ENERGY CORP | BTU | 1,018,108 | $27.0M | 0.50% |
| 11 | MICRON TECHNOLOGY INC | MU | 157,000 | $26.3M | 0.48% |
| 12 | ALPHA METALLURGICAL RESOURCE | 020764106 | 156,213 | $25.6M | 0.47% |
| 13 | FLEX LTD | FLEX | 441,355 | $25.6M | 0.47% |
| 14 | ISHARES RUSSELL 2000 ETF | 464287655 | 99,493 | $24.1M | 0.44% |
| 15 | OWENS CORNING | OC | 157,724 | $22.3M | 0.41% |
| 16 | WESTERN DIGITAL CORP | WDC | 183,750 | $22.1M | 0.41% |
| 17 | LUMEN TECHNOLOGIES INC | LUMN | 3,593,139 | $22.0M | 0.40% |
| 18 | NABORS INDUSTRIES LTD | NBRWF | 520,741 | $21.3M | 0.39% |
| 19 | ATKORE INC | ATKR | 333,267 | $20.9M | 0.38% |
| 20 | TRANSOCEAN LTD | RIG | 6,382,520 | $19.9M | 0.37% |
| 21 | ADVANCED MICRO DEVICES | AMD | 120,578 | $19.5M | 0.36% |
| 22 | TUTOR PERINI CORP | TPC | 296,725 | $19.5M | 0.36% |
| 23 | BOEING CO/THE | BA-PA | 88,868 | $19.2M | 0.35% |
| 24 | TETRA TECHNOLOGIES INC | 88162F105 | 3,239,416 | $18.6M | 0.34% |
| 25 | MOHAWK INDUSTRIES INC | 608190104 | 141,069 | $18.2M | 0.33% |
| 26 | GENWORTH FINANCIAL INC | 37247D106 | 1,916,866 | $17.1M | 0.31% |
| 27 | SPDR S&P BIOTECH ETF | 78464A870 | 170,000 | $17.0M | 0.31% |
| 28 | VANECK OIL SERVICES ETF | 92189H607 | 62,623 | $16.3M | 0.30% |
| 29 | BLUELINX HOLDINGS INC | BXC | 210,519 | $15.4M | 0.28% |
| 30 | INDIVIOR PLC | INDV | 595,933 | $14.4M | 0.26% |
| 31 | CORNING INC | GLW | 165,677 | $13.6M | 0.25% |
| 32 | INNOSPEC INC | IOSP | 166,953 | $12.9M | 0.24% |
| 33 | UFP INDUSTRIES INC | UFPI | 136,730 | $12.8M | 0.24% |
| 34 | CHAMPION HOMES INC | SKY | 161,599 | $12.3M | 0.23% |
| 35 | PEABODY ENERGY CORP | BTU | 460,224 | $12.2M | 0.22% |
| 36 | SCHLUMBERGER NV | SLB | 350,000 | $12.0M | 0.22% |
| 37 | CORNING INC | GLW | 135,223 | $11.1M | 0.20% |
| 38 | AMRIZE LTD | AMRZ | 227,091 | $11.0M | 0.20% |
| 39 | PATRICK INDUSTRIES INC | 703343103 | 105,088 | $10.9M | 0.20% |
| 40 | INDIVIOR PLC | INDV | 450,548 | $10.9M | 0.20% |
| 41 | AMBAC FINANCIAL GROUP INC | OSG | 1,302,276 | $10.9M | 0.20% |
| 42 | LIBERTY ENERGY INC | LBRT | 867,310 | $10.7M | 0.20% |
| 43 | BABCOCK & WILCOX ENTERPR | BW-PA | 3,678,865 | $10.7M | 0.20% |
| 44 | FLEX LTD | FLEX | 182,117 | $10.6M | 0.19% |
| 45 | TUTOR PERINI CORP | TPC | 159,631 | $10.5M | 0.19% |
| 46 | REPUBLIC BANCORP INC-CLASS A | RBCAA | 142,916 | $10.3M | 0.19% |
| 47 | SCHLUMBERGER NV | SLB | 300,000 | $10.3M | 0.19% |
| 48 | MICRON TECHNOLOGY INC | MU | 60,000 | $10.0M | 0.18% |
| 49 | UFP INDUSTRIES INC | UFPI | 104,154 | $9.7M | 0.18% |
| 50 | LSB INDUSTRIES INC | 502160104 | 1,227,491 | $9.7M | 0.18% |
| 51 | APPLE INC | AAPL | 35,000 | $8.9M | 0.16% |
| 52 | MATRIX SERVICE CO | 576853105 | 659,825 | $8.6M | 0.16% |
| 53 | CORE NATURAL RESOURCES INC | CNR | 99,993 | $8.3M | 0.15% |
| 54 | IF BANCORP INC | 44951J105 | 318,978 | $8.3M | 0.15% |
| 55 | OIL STATES INTERNATIONAL INC | 678026105 | 1,357,718 | $8.2M | 0.15% |
| 56 | EQT CORP | EQT | 133,897 | $7.3M | 0.13% |
| 57 | SANDISK CORP | SNDK | 62,500 | $7.0M | 0.13% |
| 58 | ENERGY SELECT SECTOR SPDR | 81369Y506 | 78,039 | $7.0M | 0.13% |
| 59 | WESTERN DIGITAL CORP | WDC | 56,250 | $6.8M | 0.12% |
| 60 | OWENS CORNING | OC | 47,500 | $6.7M | 0.12% |
| 61 | BOEING CO/THE | BA-PA | 31,132 | $6.7M | 0.12% |
| 62 | WINNEBAGO INDUSTRIES | 974637100 | 199,843 | $6.7M | 0.12% |
| 63 | PEOPLES BANCORP OF NC | PEBO | 217,763 | $6.7M | 0.12% |
| 64 | FIRST UNITED CORP | 33741H107 | 178,352 | $6.6M | 0.12% |
| 65 | LSB INDUSTRIES INC | 502160104 | 831,316 | $6.6M | 0.12% |
| 66 | ORION GROUP HOLDINGS INC | ORN | 777,637 | $6.5M | 0.12% |
| 67 | CUMMINS INC | CMI | 15,000 | $6.3M | 0.12% |
| 68 | SPDR S&P BIOTECH ETF | 78464A870 | 62,278 | $6.2M | 0.11% |
| 69 | MOHAWK INDUSTRIES INC | 608190104 | 47,500 | $6.1M | 0.11% |
| 70 | FRIEDMAN INDUSTRIES | 358435105 | 267,952 | $5.9M | 0.11% |
| 71 | SELECT WATER SOLUTIONS INC | WTTR | 546,309 | $5.8M | 0.11% |
| 72 | SUNCOKE ENERGY INC | SXC | 706,976 | $5.8M | 0.11% |
| 73 | SMART SAND INC | SND | 2,668,908 | $5.7M | 0.11% |
| 74 | MATERION CORP | MTRN | 47,103 | $5.7M | 0.10% |
| 75 | HUMANA INC | HUM | 21,250 | $5.5M | 0.10% |
| 76 | ATKORE INC | ATKR | 84,879 | $5.3M | 0.10% |
| 77 | SOUTHLAND HOLDINGS INC | SLND-WT | 1,231,329 | $5.3M | 0.10% |
| 78 | FIRST MID BANCSHARES INC | 320866106 | 137,473 | $5.2M | 0.10% |
| 79 | ALERUS FINANCIAL CORP | 01446U103 | 233,700 | $5.2M | 0.10% |
| 80 | TRANSOCEAN LTD | RIG | 1,640,831 | $5.1M | 0.09% |
| 81 | VANECK OIL SERVICES ETF | 92189H607 | 18,825 | $4.9M | 0.09% |
| 82 | FIRST US BANCSHARES INC | FUSB | 397,454 | $4.8M | 0.09% |
| 83 | TOWER SEMICONDUCTOR LTD | TSEM | 66,000 | $4.8M | 0.09% |
| 84 | AMERISERV FINANCIAL INC | 03074A102 | 1,635,677 | $4.7M | 0.09% |
| 85 | COHERENT CORP | COHR | 43,935 | $4.7M | 0.09% |
| 86 | AMBAC FINANCIAL GROUP INC | OSG | 562,236 | $4.7M | 0.09% |
| 87 | PROSPECT CAPITAL CORP | PSEC-PA | 1,664,340 | $4.6M | 0.08% |
| 88 | NOV INC | NOV | 339,697 | $4.5M | 0.08% |
| 89 | GENWORTH FINANCIAL INC | 37247D106 | 503,338 | $4.5M | 0.08% |
| 90 | CORE NATURAL RESOURCES INC | CNR | 51,913 | $4.3M | 0.08% |
| 91 | CHOICEONE FINANCIAL SVCS INC | 170386106 | 148,548 | $4.3M | 0.08% |
| 92 | FIRST TRUST NATURAL GAS ETF | 33733E807 | 182,500 | $4.3M | 0.08% |
| 93 | CORE LABORATORIES INC | CLB | 342,003 | $4.2M | 0.08% |
| 94 | DRILLING TOOLS INTERNATIONAL | 26205E107 | 1,796,031 | $4.1M | 0.08% |
| 95 | PROSPECT CAPITAL CORP | PSEC-PA | 1,501,875 | $4.1M | 0.08% |
| 96 | ODP CORP/THE | 88337F105 | 147,748 | $4.1M | 0.08% |
| 97 | CITIZENS COMMUNITY BANCORP I | CIA | 248,319 | $4.0M | 0.07% |
| 98 | LUMEN TECHNOLOGIES INC | LUMN | 628,556 | $3.8M | 0.07% |
| 99 | MATRIX SERVICE CO | 576853105 | 286,649 | $3.7M | 0.07% |
| 100 | CHAMPION HOMES INC | SKY | 43,750 | $3.3M | 0.06% |
| 101 | TETRA TECHNOLOGIES INC | 88162F105 | 577,839 | $3.3M | 0.06% |
| 102 | ODP CORP/THE | 88337F105 | 118,741 | $3.3M | 0.06% |
| 103 | ADVANCED MICRO DEVICES | AMD | 20,000 | $3.2M | 0.06% |
| 104 | SPDR S&P REGIONAL BANKING | 78464A698 | 50,000 | $3.2M | 0.06% |
| 105 | SPDR S&P REGIONAL BANKING | 78464A698 | 50,000 | $3.2M | 0.06% |
| 106 | BABCOCK & WILCOX ENTERPR | BW-PA | 1,073,958 | $3.1M | 0.06% |
| 107 | CUMMINS INC | CMI | 7,240 | $3.1M | 0.06% |
| 108 | NABORS INDUSTRIES LTD | NBRWF | 73,975 | $3.0M | 0.06% |
| 109 | MATERION CORP | MTRN | 24,193 | $2.9M | 0.05% |
| 110 | INVESCO S&P SMALLCAP ENERGY | IVZ | 68,469 | $2.9M | 0.05% |
| 111 | INNOVEX INTERNATIONAL INC | INVX | 156,971 | $2.9M | 0.05% |
| 112 | KLX ENERGY SERVICES HOLDING | 48253L205 | 1,485,216 | $2.9M | 0.05% |
| 113 | CORE LABORATORIES INC | CLB | 227,468 | $2.8M | 0.05% |
| 114 | INSEEGO CORP | INSG | 186,511 | $2.8M | 0.05% |
| 115 | CAMDEN NATIONAL CORP | 133034108 | 61,269 | $2.4M | 0.04% |
| 116 | ENERGY SELECT SECTOR SPDR | 81369Y506 | 26,013 | $2.3M | 0.04% |
| 117 | OPTICAL CABLE CORP | OCC | 281,830 | $2.3M | 0.04% |
| 118 | BV FINANCIAL INC | 05603E208 | 141,262 | $2.3M | 0.04% |
| 119 | SHORE BANCSHARES INC | SHBI | 136,840 | $2.2M | 0.04% |
| 120 | ORION GROUP HOLDINGS INC | ORN | 259,540 | $2.2M | 0.04% |
| 121 | TECOGEN INC/WALTHAM MA | TGEN | 243,622 | $2.1M | 0.04% |
| 122 | EQT CORP | EQT | 37,966 | $2.1M | 0.04% |
| 123 | INSEEGO CORP | INSG | 132,537 | $2.0M | 0.04% |
| 124 | TOWER SEMICONDUCTOR LTD | TSEM | 27,099 | $2.0M | 0.04% |
| 125 | FRIEDMAN INDUSTRIES | 358435105 | 86,624 | $1.9M | 0.03% |
| 126 | COHERENT CORP | COHR | 17,415 | $1.9M | 0.03% |
| 127 | OIL STATES INTERNATIONAL INC | 678026105 | 280,000 | $1.7M | 0.03% |
| 128 | NINE ENERGY SERVICE INC | NINE | 2,277,232 | $1.4M | 0.03% |
| 129 | BLUE RIDGE BANKSHARES INC | BRBS | 312,221 | $1.3M | 0.02% |
| 130 | NINE ENERGY SERVICE INC | NINE | 1,901,334 | $1.2M | 0.02% |
| 131 | SB FINANCIAL GROUP INC | 78408D105 | 46,286 | $892,857 | 0.02% |
| 132 | SUNCOKE ENERGY INC | SXC | 100,536 | $820,374 | 0.02% |
| 133 | FIRST BANK/HAMILTON NJ | 31931U102 | 48,939 | $797,216 | 0.01% |
| 134 | AMRIZE LTD | AMRZ | 15,000 | $727,950 | 0.01% |
| 135 | INTERFACE INC | TILE | 25,000 | $723,500 | 0.01% |
| 136 | FENNEC PHARMACEUTICALS INC | FENC | 73,494 | $687,904 | 0.01% |
| 137 | INNOVEX INTERNATIONAL INC | INVX | 36,241 | $671,908 | 0.01% |
| 138 | FENNEC PHARMACEUTICALS INC | FENC | 66,065 | $618,368 | 0.01% |
| 139 | INNOSPEC INC | IOSP | 7,996 | $616,971 | 0.01% |
| 140 | KLX ENERGY SERVICES HOLDING | 48253L205 | 227,892 | $437,553 | 0.01% |
| 141 | LIBERTY ENERGY INC | LBRT | 21,295 | $262,780 | 0.00% |
| 142 | DRILLING TOOLS INTERNATIONAL | 26205E107 | 91,660 | $210,818 | 0.00% |
| 143 | CIVISTA BANCSHARES INC | CIVB | 10,000 | $203,100 | 0.00% |
| 144 | IF BANCORP INC | 44951J105 | 7,201 | $186,326 | 0.00% |
| 145 | FIRST TRUST NATURAL GAS ETF | 33733E807 | 7,500 | $176,175 | 0.00% |
| 146 | SOUTHLAND HOLDINGS INC | SLND-WT | 15,300 | $65,637 | 0.00% |
| 147 | SMART SAND INC | SND | 27,500 | $58,850 | 0.00% |
| 148 | ALGOMA STEEL GROUP INC -CW26 | 015658115 | 93,408 | $14,338 | 0.00% |