Arkolith/Funds/Nantahala Capital Management, LLC

Nantahala Capital Management, LLC

CIK 1472322
Holdings as of Jun 30, 2026·disclosed Aug 19, 2026·~50-day 13F lag·13F-HR/AAmended
Active Filer

Nantahala Capital Management, LLC holds a diversified book of 132 stocks worth $1.7B as of Q2 2026 (disclosed Aug 19, 2026, a ~50-day 13F lag). This quarter they opened Adma Biologics Inc and trimmed Bancorp Inc. Their largest long position is Bancorp Inc at 5% of the equity book. They also disclosed $846.0M in put options (a bearish bet) and $513.3M in call options (bullish), shown separately below and excluded from the equity book.

Opened
22
bought for the first time
Added to
25
already held, bought more
Trimmed
39
sold some, still holds it
Sold out
20
exited the position entirely

Concentration

Top-heavy: diversified book

Top 5 holdings
17%
Top 10 holdings
27%
Top 20 holdings
44%

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

Direct sector allocation

98% mapped to company sectors

Health Care
62%
Consumer Discretionary
13%
Financials
7%
Industrials
6%
Information Technology
5%
ETF / fund or unclassified
2%
Communication Services
2%
Materials
1%

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, no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Nantahala Capital Management, LLC

Manager / fundShared namesTheir $ in those
MORGAN STANLEY78 / 80$1.2B
UBS Group AG77 / 80$1.2B
BlackRock, Inc.75 / 80$6.3B
GEODE CAPITAL MANAGEMENT, LLC75 / 80$1.9B
STATE STREET CORP74 / 80$3.0B
GOLDMAN SACHS GROUP INC74 / 80$1.1B
VANGUARD FIDUCIARY TRUST CO72 / 80$407.5M
BNP PARIBAS FINANCIAL MARKETS72 / 80$214.8M

Ranked by how many of Nantahala Capital Management, LLC's top 80 disclosed names each fund also holds: a cross-fund conviction signal from the latest 13F of every tracked manager.

Holdings: largest first

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

132 positions
#SecurityValueShares% PortLast moveHistory
1Bancorp Inc Del
COM
$77.7M1.24M
4.7%
−10%
Reduced · −141K sh
2Bioventus Inc
COM CL A
$56.6M6.00M
3.4%
−2.0%
Reduced · −122K sh
3Hilton Grand Vacations Inc
COM
$54.1M1.03M
3.3%
−32%
Reduced · −480K sh
4Savara Inc
COM
$43.0M6.98M
2.6%
−5.0%
Reduced · −368K sh
5Eton Pharmaceuticals Inc
COM
$42.6M1.18M
2.6%
Held
6Amneal Pharmaceuticals Inc
COM STK CL A
$39.3M2.27M
2.4%
−20%
Reduced · −575K sh
7Evolus Inc
COM
$38.9M5.60M
2.3%
−12%
Reduced · −775K sh
8Avalo Therapeutics Inc
COM NEW
$34.4M1.86M
2.1%
+51%
Added · +627K sh
9LB Pharmaceuticals Inc
COM SHS
$34.2M1.05M
2.1%
Held
10Anteris Technologies Global
COM
$33.3M3.38M
2.0%
−39%
Reduced · −2.1M sh
11Abeona Therapeutics Inc
COM NEW
$31.7M5.14M
1.9%
+2.5%
Added · +123K sh
12Peloton Interactive Inc
CL A COM
$30.2M5.11M
1.8%
−57%
Reduced · −6.9M sh
13Establishment Labs Hldgs Inc
COM
$28.8M335.8K
1.7%
−60%
Reduced · −497K sh
14Xtant Med Hldgs Inc
COM NEW
$28.8M68.39M
1.7%
Held
15Jack In The Box Inc
COM
$27.3M1.73M
1.7%
+12%
Added · +186K sh
16Gogo Inc
COM
$27.0M8.70M
1.6%
−2.1%
Reduced · −184K sh
17Imax Corp
COM
$26.2M658.0K
1.6%
+28%
Added · +142K sh
18Zevra Therapeutics Inc
COM NEW
$25.8M1.80M
1.6%
−29%
Reduced · −724K sh
19Titan Machy Inc
COM
$23.9M1.13M
1.4%
−9.7%
Reduced · −121K sh
20RMR Group Inc
CL A
$23.6M1.15M
1.4%
Held
21Fossil Group Inc
COM
$22.8M5.51M
1.4%
+1.9%
Added · +101K sh
22Fox Factory Hldg Corp
COM
$22.2M1.31M
1.3%
−12%
Reduced · −178K sh
23Mineralys Therapeutics Inc
COM
$22.1M820.5K
1.3%
−8.4%
Reduced · −75K sh
24Ridenow Group Inc
COM CL B
$21.8M3.27M
1.3%
Held
25Uniqure NV
SHS
$21.0M455.7K
1.3%
+92%
Added · +219K sh
26Aura Biosciences Inc
COM
$21.0M2.95M
1.3%
+39%
Added · +833K sh
27Agomab Therapeutics NV
SPONSORED ADS
$20.4M1.57M
1.2%
+31%
Added · +368K sh
28Fulcrum Therapeutics Inc
COM
$20.0M5.48M
1.2%
+80%
Added · +2.4M sh
29Benitec Biopharma Inc
COM NEW
$19.9M1.49M
1.2%
+3.5%
Added · +50K sh
30Adma Biologics Inc
COM
$19.8M2.36M
1.2%
New
New position
31Camping World Hldgs Inc
CL A
$19.5M2.55M
1.2%
−22%
Reduced · −708K sh
32Biocryst Pharmaceuticals Inc
COM
$19.0M1.90M
1.1%
−4.3%
Reduced · −86K sh
33Mimedx Group Inc
COM
$18.4M4.77M
1.1%
+40%
Added · +1.4M sh
34Abivax Sa
SPONSORED ADS
$17.8M133.8K
1.1%
−2.5%
Reduced · −3K sh
35Usana Health Sciences Inc
COM
$17.3M810.1K
1.0%
Held
36Monte Rosa Therapeutics Inc
COM
$15.8M652.0K
1.0%
Held
37Tango Therapeutics Inc
COM
$15.7M500.7K
0.9%
−60%
Reduced · −750K sh
38Geron Corp
COM
$15.6M12.22M
0.9%
+8.9%
Added · +1.0M sh
39Vor Biopharma Inc
COM NEW
$15.6M845.0K
0.9%
New
New position
40Keros Therapeutics Inc
COM
$15.1M1.41M
0.9%
+3.7%
Added · +50K sh
41Silence Therapeutics PLC
ADS
$14.8M1.35M
0.9%
−37%
Reduced · −800K sh
42Apyx Medical Corporation
COM
$14.7M3.27M
0.9%
−4.9%
Reduced · −170K sh
43Jefferson Capital Inc
COM
$14.6M750.0K
0.9%
Held
44Herbalife Ltd
COM SHS
$14.6M1.11M
0.9%
−18%
Reduced · −244K sh
45Planet Fitness Master Issuer
CL A
$14.6M279.0K
0.9%
New
New position
46Verastem Inc
COM NEW
$13.7M3.58M
0.8%
Held
47Distribution Solutions Grp I
COM
$13.5M494.6K
0.8%
Held
48Rayonier Advanced Matls Inc
COM
$13.3M1.70M
0.8%
+6.1%
Added · +98K sh
49Helix Acquisition Corp III
USD CL A ORD SHS
$13.3M1.25M
0.8%
Held
50Adc Therapeutics Sa
SHS
$13.2M12.33M
0.8%
+120%
Added · +6.7M sh
Showing 50 of 132 positions
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Largest options & derivatives disclosed

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

Put notional (bearish)$846.0M
Call notional (bullish)$513.3M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishISHARES RUSSELL 2000 ETFIWM$600.9M2.0M
CALL · bullishPELOTON INTERACTIVE INC-APTON$97.2M16.4M
CALL · bullishHERBALIFE LTDHLF$86.8M6.6M
CALL · bullishVIATRIS INCVTRS$79.4M5.0M
PUT · bearishEDWARDS LIFESCIENCES CORPEW$72.4M800K
PUT · bearishSS SPDR S&P BIOTECH ETFXBI$63.3M400K
CALL · bullishHILTON GRAND VACATIONS INCHGV$56.3M1.1M
PUT · bearishDEFIANCE QUANTUM ETFQTUM$36.9M223K
CALL · bullishUNIQURE NVQURE$36.8M800K
CALL · bullishNEUROCRINE BIOSCIENCES INCNBIX$33.7M200K
PUT · bearishPRAXIS PRECISION MEDICINES IPRAX$33.5M100K
PUT · bearishKRYSTAL BIOTECH INCKRYS$31.6M85K
CALL · bullishREGENERON PHARMACEUTICALSREGN$24.9M40K
CALL · bullishSNAP INC - ASNAP$21.3M4.8M
CALL · bullishCAMPING WORLD HOLDINGS INC-ACWH$15.3M2.0M
CALL · bullishFOX FACTORY HOLDING CORPFOXF$13.6M800K
CALL · bullishCHIME FINANCIAL INC-CL ACHYM$12.3M600K
CALL · bullishRIDENOW GROUP INCRDNW$11.3M1.7M
CALL · bullishRHRH$8.2M50K
CALL · bullishBANCORP INC/THETBBK$7.9M126K
PUT · bearishUNIQURE NVQURE$7.4M162K
CALL · bullishABEONA THERAPEUTICS INCABEO$6.3M1.0M
CALL · bullishVAXCYTE INCPCVX$2.0M35K

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

QuarterAs ofFiledPositionsValueForm
Q2 2026Jun 30, 2026Aug 19, 2026155$3.0B13F-HR/A
Q1 2026Mar 31, 2026May 15, 2026152$2.7B13F-HR
Q4 2025Dec 31, 2025Feb 13, 2026153$3.0B13F-HR
Q3 2025Sep 30, 2025Nov 14, 2025153$2.9B13F-HR
Q2 2025Jun 30, 2025Aug 14, 2025158$2.6B13F-HR
Q1 2025Mar 31, 2025May 15, 2025145$2.5B13F-HR
Q4 2024Dec 31, 2024Feb 14, 2025137$2.3B13F-HR
Q3 2024Sep 30, 2024Nov 14, 2024140$2.0B13F-HR
Q2 2024Jun 30, 2024Aug 20, 2024130$1.7B13F-HR/A
Q1 2024Mar 31, 2024May 15, 2024124$1.8B13F-HR
Q4 2023Dec 31, 2023Feb 15, 2024128$1.7B13F-HR/A
Q3 2023Sep 30, 2023Nov 14, 2023133$1.2B13F-HR
Q2 2023Jun 30, 2023Aug 14, 2023124$1.0B13F-HR
Q1 2023Mar 31, 2023May 15, 2023124$1.3B13F-HR
Q4 2022Dec 31, 2022Feb 14, 2023118$1.5B13F-HR
Q3 2022Sep 30, 2022Nov 10, 2022120$1.5B13F-HR
Q2 2022Jun 30, 2022Aug 15, 2022124$2.0B13F-HR
Q1 2022Mar 31, 2022May 13, 2022122$2.3B13F-HR
Q4 2021Dec 31, 2021Feb 14, 2022136$2.8B13F-HR
Q3 2021Sep 30, 2021Nov 15, 2021130$3.2B13F-HR
Q2 2021Jun 30, 2021Aug 16, 2021121$3.5B13F-HR
Amended / restated
  • Q2 2026 · filed Aug 14, 202613F-HR · superseded
  • Q2 2024 · filed Aug 14, 202413F-HR · superseded
  • Q4 2023 · filed Feb 14, 202413F-HR · superseded

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.