Arkolith/Funds/Cannell Capital LLC

Cannell Capital LLC

CIK 1058854
Holdings as of Jun 30, 2026·disclosed Aug 18, 2026·~49-day 13F lag·13F-HR
Active Filer

Cannell Capital LLC holds a focused book of 34 stocks worth $143.2M as of Q2 2026 (disclosed Aug 18, 2026, a ~49-day 13F lag). This quarter they opened Vitesse Energy Inc and trimmed SNDL Inc. Their largest long position is Ategrity Specialty Holdings at 8% of the equity book. They also disclosed $5.9M in put options (a bearish bet), shown separately below and excluded from the equity book.

Added to
13
already held, bought more
+10 more · largest first
Sold out
8
exited the position entirely
+5 more · largest first, by prior value

How much sits in the biggest positions

Top-heavy: focused book

Top 5 holdings
34%
Top 10 holdings
58%
Top 20 holdings
89%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

95% mapped to company sectors

Financials
28%
Health Care
25%
Energy
15%
Industrials
12%
No sector on file yet
5%
Information Technology
5%
Consumer Discretionary
4%
Communication Services
3%

+4 sectors below the cut, 2% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Cannell Capital LLC

Manager / fundShared namesTheir $ in those
Pillsbury Lake Capital LLC6 / 34$63.2M
Divisadero Street Capital Management, LP6 / 34$197.1M
Crown Advisors Management, Inc.6 / 34$14.4M
Archon Capital Management LLC4 / 34$13.6M
Peapod Lane Capital LLC3 / 34$8.9M
Pacific Ridge Capital Partners, LLC5 / 34$32.8M
Punch & Associates Investment Management, Inc.6 / 34$84.4M
AWM Investment Company, Inc.5 / 34$37.4M

Ranked by the share of each fund's own book sitting in the names it shares with Cannell Capital LLC: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

34 positions
#SecurityValueShares% PortLast moveHistory
1Ategrity Specialty In Co Ho
COM
$11.8M490.5K
8.2%
+0.8%
Added · +4K sh
2SNDL Inc
COM
$11.7M8.64M
8.1%
−1.4%
Reduced · −122K sh
3North Amern Constr Group Ltd
COM
$10.4M783.7K
7.3%
−19%
Reduced · −179K sh
4Chegg Inc
NOTE 9/0
$7.7M8.13M
5.4%
+18%
Added · +1.2M sh
5Ethos Technologies Inc
CL A
$7.4M408.5K
5.2%
−9.7%
Reduced · −44K sh
6Mimedx Group Inc
COM
$7.2M1.87M
5.0%
+25%
Added · +373K sh
7Owlet Inc
CL A NEW
$7.1M1.23M
4.9%
+24%
Added · +236K sh
8Global Indemnity Group LLC
COM CL A
$6.5M257.9K
4.5%
+0.2%
Added · +515 sh
9Orasure Technologies Inc
COM
$6.4M1.43M
4.4%
−29%
Reduced · −576K sh
10Gold Com Inc
COM
$6.4M152.7K
4.4%
+1.7%
Added · +3K sh
11Eton Pharmaceuticals Inc
COM
$6.2M170.7K
4.3%
−50%
Reduced · −171K sh
12NPK International Inc
COM SHS
$5.7M359.9K
4.0%
−45%
Reduced · −295K sh
13Vitesse Energy Inc
COMMON STOCK
$5.7M361.7K
4.0%
New
New position
14Natural Gas Svcs Group Inc
COM
$5.3M122.4K
3.7%
−36%
Reduced · −69K sh
15Verrica Pharmaceuticals Inc
COM SHS
$4.8M783.9K
3.3%
+14%
Added · +99K sh
16Shimmick Corporation
COM
$4.4M957.6K
3.1%
New
New position
17San Juan Basin Rty TR
UNIT BEN INT
$3.9M1.21M
2.7%
+33%
Added · +303K sh
18Pure Cycle Corp
COM NEW
$3.4M314.6K
2.4%
New
New position
19Build-A-Bear Workshop Inc
COM
$3.2M103.1K
2.2%
−3.7%
Reduced · −4K sh
20Lee Enterprises Inc
COM
$3.1M344.3K
2.2%
−21%
Reduced · −89K sh
21Root Inc
CL A NEW
$2.9M52.3K
2.0%
Held
22Hippo Hldgs Inc
COM NEW
$2.7M96.6K
1.9%
Held
23Accelerant Holdings
CL A
$2.0M171.1K
1.4%
+9.6%
Added · +15K sh
24Network-1 Technologies Inc
COM
$1.9M1.28M
1.3%
+12%
Added · +133K sh
25Donegal Group Inc
CL A
$1.6M82.9K
1.1%
Held
26KVH Inds Inc
COM
$1.1M114.9K
0.8%
New
New position
27Chegg Inc
COM
$872K863.3K
0.6%
+111%
Added · +454K sh
28Outdoor Holding Co
COM
$767K336.5K
0.5%
+853%
Added · +301K sh
29American Pub Ed Inc
COM
$382K7.1K
0.3%
−90%
Reduced · −61K sh
30The Realreal Inc
COM
$272K23.0K
0.2%
−16%
Reduced · −4K sh
31Stitch Fix Inc
COM CL A
$224K54.5K
0.2%
+2.4%
Added · +1K sh
32Lincoln Edl Svcs Corp
COM
$202K4.1K
0.1%
New
New position
33Compass Inc
CL A
$149K12.1K
0.1%
New
New position
34Cronos Group Inc
COM
$122K43.7K
0.1%
New
New position
Showing all 34 positions
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Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$5.9M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishRACKSPACE TECHNOLOGY INCRXT$5.7M870K
PUT · bearishISHARES RUSSELL 2000 ETFIWM$210K700

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

$656.1M · Q3 2025Q2 2025 · $334.3MQ2 2026 · $149.1M

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Aug 18, 202649d36$149.1M13F-HR
Q1 2026Mar 31, 2026May 15, 202645d41$162.9M13F-HR
Q4 2025Dec 31, 2025Feb 17, 202648d51$206.3M13F-HR
Q3 2025Sep 30, 2025Nov 14, 202545d58$656.1M13F-HR
Q2 2025Jun 30, 2025Aug 15, 202546d58$334.3M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.