Cannell Capital 13F annual report
Cannell Capital is an investment fund managing more than $496 million ran by J. Cannell. There are currently 84 companies in Cannell’s portfolio. The largest investments include Heritage-Crystal Clean Inc and North Amern Constr Group Ltd, together worth $63.3 million.
$496 million Assets Under Management (AUM)
As of 8th August 2022, Cannell Capital’s top holding is 1,202,023 shares of Heritage-Crystal Clean Inc currently worth over $32.4 million and making up 6.5% of the portfolio value.
Relative to the number of outstanding shares of Heritage-Crystal Clean Inc, Cannell Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 2,800,757 shares of North Amern Constr Group Ltd worth $30.9 million.
The third-largest holding is Franchise worth $30 million and the next is Sportsmans Whse Hldgs Inc worth $29.4 million, with 3,069,985 shares owned.
Currently, Cannell Capital's portfolio is worth at least $496 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Cannell Capital
The Cannell Capital office and employees reside in Alta, Wyoming. According to the last 13-F report filed with the SEC, J. Cannell serves as the Managing Member of Cannell Capital LLC at Cannell Capital.
Recent trades
In the most recent 13F filing, Cannell Capital revealed that it had opened a new position in
Sportsmans Whse Hldgs Inc and bought 3,069,985 shares worth $29.4 million.
The investment fund also strengthened its position in Heritage-Crystal Clean Inc by buying
350,392 additional shares.
This makes their stake in Heritage-Crystal Clean Inc total 1,202,023 shares worth $32.4 million.
Heritage-Crystal Clean Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Cannell Capital is getting rid of from its portfolio.
Cannell Capital closed its position in Independence Hldg Co New on 15th August 2022.
It sold the previously owned 607,678 shares for $30.1 million.
J. Cannell also disclosed a decreased stake in Viad by approximately 0.1%.
This leaves the value of the investment at $21.4 million and 774,311 shares.
One of the average hedge funds
The two most similar investment funds to Cannell Capital are Quantedge Capital Pte Ltd and Sqn Investors L.P.. They manage $496 million and $496 million respectively.
J. Cannell investment strategy
Cannell Capital’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 17.4% of
the total portfolio value.
The fund focuses on investments in the United States as
42.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
8% of the total holdings value.
On the other hand, large-cap stocks make up only 1.2% of the portfolio.
The average market cap of the portfolio companies is close to $819 million.
The complete list of Cannell Capital trades based on 13F SEC filings
These positions were updated on August 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Heritage-Crystal Clean Inc |
41.14%
1,202,023
|
$32,407,000 | 6.53% |
| North Amern Constr Group Ltd |
12.83%
2,800,757
|
$30,920,000 | 6.23% |
| Independence Hldg Co New |
Closed
607,678
|
$30,135,000 | |
| Franchise Group, Inc. |
30.09%
856,769
|
$30,047,000 | 6.06% |
| Sportsmans Whse Hldgs Inc |
Opened
3,069,985
|
$29,441,000 | 5.93% |
| Build A Bear Workshop Inc |
24.09%
1,667,034
|
$27,373,000 | 5.52% |
| Select Energy Svcs Inc |
Opened
3,391,047
|
$23,127,000 | 4.66% |
| CarParts.com Inc |
569.78%
3,108,231
|
$21,571,000 | 4.35% |
| Viad Corp. |
1.48%
774,311
|
$21,379,000 | 4.31% |
| Arlo Technologies Inc |
1.05%
3,183,136
|
$19,958,000 | 4.02% |
| OneSpan Inc |
Closed
1,024,433
|
$19,239,000 | |
| Sandridge Energy Inc |
38.20%
1,172,952
|
$18,380,000 | 3.70% |
| Criteo S.A |
1.45%
683,086
|
$16,667,000 | 3.36% |
| Swk Hldgs Corp |
8.97%
943,236
|
$16,478,000 | 3.32% |
| Truecar Inc |
Opened
5,642,830
|
$14,615,000 | 2.95% |
| Tremor Intl Ltd |
Closed
743,649
|
$13,735,000 | |
| Performant Finl Corp |
Closed
3,453,486
|
$13,676,000 | |
| The Odp Corp |
33.48%
417,740
|
$12,632,000 | 2.55% |
| Inspired Entmt Inc |
5.18%
1,451,246
|
$12,495,000 | 2.52% |
| Fathom Holdings Inc |
Opened
1,520,350
|
$11,920,000 | 2.40% |
| Newpark Res Inc |
Opened
3,776,482
|
$11,669,000 | 2.35% |
| Arko Corp. |
Closed
1,114,380
|
$11,255,000 | |
| Neuronetics Inc |
66.13%
3,463,846
|
$11,119,000 | 2.24% |
| Taboola.com Ltd |
86.01%
4,310,796
|
$10,906,000 | 2.20% |
| Emcore Corp. |
16.85%
3,127,394
|
$9,601,000 | 1.94% |
| Tidewater Inc. |
Opened
450,780
|
$9,507,000 | 1.92% |
| Lee Enterprises, Inc. |
0.20%
482,279
|
$9,158,000 | 1.85% |
| SelectQuote, Inc. |
Closed
586,840
|
$7,588,000 | |
| Quotient Technology Inc |
Opened
2,548,963
|
$7,570,000 | 1.53% |
| Select Interior Concepts, Inc. |
Closed
496,374
|
$7,158,000 | |
| GoHealth, Inc. |
Closed
1,372,653
|
$6,904,000 | |
| Tile Shop Holdings, Inc. |
7.42%
2,210,678
|
$6,787,000 | 1.37% |
| Farmer Bros. Co. |
Closed
792,861
|
$6,668,000 | |
| Harley-Davidson, Inc. |
Closed
181,124
|
$6,631,000 | |
| Open Lending, LLC |
Opened
618,258
|
$6,325,000 | 1.27% |
| Everi Holdings Inc |
Closed
258,982
|
$6,262,000 | |
| 1847 Goedeker Inc |
4.88%
4,981,394
|
$6,077,000 | 1.22% |
| Pinterest Inc |
Opened
327,909
|
$5,955,000 | 1.20% |
| Momentive Global Inc |
8.92%
588,236
|
$5,176,000 | 1.04% |
| Yandex N V |
Opened
341,104
|
$4,884,000 | 0.98% |
| AudioEye Inc |
66.43%
743,313
|
$4,467,000 | 0.90% |
| Marqeta Inc |
Opened
548,808
|
$4,451,000 | 0.90% |
| Synchronoss Technologies Inc |
40.24%
3,713,762
|
$4,271,000 | 0.86% |
| Eargo, Inc. |
Closed
604,430
|
$4,068,000 | |
| eHealth Inc |
1.79%
424,474
|
$3,960,000 | 0.80% |
| Cavco Inds Inc Del |
Opened
16,524
|
$3,239,000 | 0.65% |
| Diamond Offshore Drilling In |
Opened
525,283
|
$3,094,000 | 0.62% |
| Tiptree Inc |
340.38%
249,476
|
$2,649,000 | 0.53% |
| A-Mark Precious Metals Inc |
72.37%
81,016
|
$2,613,000 | 0.53% |
| Global Indemnity Group, LLC |
216.01%
98,920
|
$2,559,000 | 0.52% |
| Manitex International Inc |
3.46%
367,362
|
$2,384,000 | 0.48% |
| B Riley Principal 150 Merger |
Closed
238,179
|
$2,322,000 | |
| PowerFleet Inc |
Opened
1,023,990
|
$2,222,000 | 0.45% |
| VIA optronics AG |
23.09%
1,021,201
|
$2,165,000 | 0.44% |
| Lincoln Edl Svcs Corp |
Opened
319,848
|
$2,018,000 | 0.41% |
| Weyerhaeuser Co Mtn Be |
60.99%
59,579
|
$1,973,000 | 0.40% |
| Network-1 Technologies Inc |
15.83%
638,012
|
$1,531,000 | 0.31% |
| Alleghany Corp Md |
Closed
2,318
|
$1,447,000 | |
| PrimeEnergy Resources Corp |
50.62%
16,116
|
$1,263,000 | 0.25% |
| Tortoise Pipeline & Energy F |
19.93%
44,900
|
$1,116,000 | 0.22% |
| Tortoise Energy Infra Corp |
20.01%
35,879
|
$1,061,000 | 0.21% |
| Stryve Foods Inc |
Opened
1,042,091
|
$918,000 | 0.19% |
| Waste Mgmt Inc Del |
Closed
5,684
|
$849,000 | |
| Great Elm Group Inc |
Closed
317,230
|
$711,000 | |
| Barnes & Noble Ed Inc |
Opened
203,974
|
$598,000 | 0.12% |
| Psychemedics Corp. |
Opened
89,211
|
$566,000 | 0.11% |
| Perma-pipe Intl Hldgs Inc |
Opened
52,751
|
$475,000 | 0.10% |
| Winmark Corporation |
10.00%
2,200
|
$430,000 | 0.09% |
| STRATA Skin Sciences Inc |
52.03%
419,384
|
$403,000 | 0.08% |
| Greenidge Generation Hldgs I |
Closed
14,400
|
$368,000 | |
| Garrett Motion Inc |
Opened
43,500
|
$336,000 | 0.07% |
| Donnelley Finl Solutions Inc |
26.32%
11,200
|
$328,000 | 0.07% |
| Rimini Str Inc Del |
Closed
32,901
|
$317,000 | |
| Hill International Inc |
83.10%
138,589
|
$233,000 | 0.05% |
| Chicago Rivet & Mach Co |
42.83%
4,669
|
$133,000 | 0.03% |
| Portman Ridge Fin Corp |
21.21%
4,154
|
$97,000 | 0.02% |
| Dorchester Minerals LP |
12.77%
3,399
|
$81,000 | 0.02% |
| Proshares Tr Ii |
Opened
1,063
|
$45,000 | 0.01% |
| Kewaunee Scientific Corporation |
No change
2,482
|
$41,000 | 0.01% |
| RCI Hospitality Holdings Inc |
Opened
460
|
$22,000 | 0.00% |
| Burning Rock Biotech Ltd |
Opened
4,984
|
$15,000 | 0.00% |
| Xilio Therapeutics Inc |
Opened
4,545
|
$13,000 | 0.00% |
| Ovid Therapeutics Inc |
Opened
5,949
|
$13,000 | 0.00% |
| Cyteir Therapeutics Inc |
Opened
3,891
|
$12,000 | 0.00% |
| IF Bancorp Inc |
Closed
515
|
$12,000 | |
| Lava Therapeutics Nv |
Opened
4,058
|
$12,000 | 0.00% |
| Pardes Biosciences Inc |
Opened
3,959
|
$12,000 | 0.00% |
| Gracell Biotechnologies Inc. |
Opened
2,189
|
$12,000 | 0.00% |
| Singular Genomics Systems In |
Opened
3,014
|
$12,000 | 0.00% |
| Adagio Therapeutics Inc |
Opened
3,357
|
$11,000 | 0.00% |
| Silverback Therapeutics, Inc. |
Opened
2,569
|
$11,000 | 0.00% |
| Generation Bio Co. |
Opened
1,745
|
$11,000 | 0.00% |
| Graphite Bio Inc |
Opened
3,952
|
$11,000 | 0.00% |
| Autolus Therapeutics plc |
Opened
4,001
|
$11,000 | 0.00% |
| Homology Medicines Inc |
Opened
5,753
|
$11,000 | 0.00% |
| Tscan Therapeutics Inc |
Opened
3,654
|
$11,000 | 0.00% |
| Adagene Inc |
Opened
5,285
|
$11,000 | 0.00% |
| F-star Therapeutics Inc |
Opened
1,804
|
$11,000 | 0.00% |
| Omega Therapeutics Inc |
Opened
2,738
|
$10,000 | 0.00% |
| Io Biotech Inc |
Opened
2,192
|
$10,000 | 0.00% |
| Gain Therapeutics Inc |
Opened
2,751
|
$10,000 | 0.00% |
| Vigil Neuroscience Inc |
Opened
3,636
|
$9,000 | 0.00% |
| Angion Biomedica Corp |
Opened
6,109
|
$7,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 103 holdings | |||
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