Steel Partners Holdings L.P. Diversified Active

CIK: 0001452857 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $125,050 (100.0% shares, 0.0% debt)

Holdings (10)

New Positions (6)

MATW MATTHEWS INTL CORP 16.1%

Value ($000) $20,084 Shares 768,930 Est. Cost $24.17 Unrealized 0.0%

SPRU SPRUCE POWER HOLDING CORP 13.0%

Value ($000) $16,275 Shares 3,197,469 Est. Cost $4.05 Unrealized 0.0%

INMD INMODE LTD 8.3%

Value ($000) $10,352 Shares 704,664 Est. Cost $14.72 Unrealized 0.0%

RICK RCI HOSPITALITY HLDGS INC 6.0%

Value ($000) $7,459 Shares 312,873 Est. Cost $25.60 Unrealized 0.0%

ESP ESPEY MFG & ELECTRS CORP 0.6%

Value ($000) $784 Shares 16,627 Est. Cost $39.77 Unrealized 0.0%

PETS PETMED EXPRESS INC 0.5%

Value ($000) $620 Shares 193,664 Est. Cost $2.51 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MATW	MATTHEWS INTL CORP	768,930	$20,084	16.1%	$24.17	0.0%	CL A	577128101
SPRU	SPRUCE POWER HOLDING CORP	3,197,469	$16,275	13.0%	$4.05	0.0%	COM NEW	9837FR209
INMD	INMODE LTD	704,664	$10,352	8.3%	$14.72	0.0%	SHS	M5425M103
RICK	RCI HOSPITALITY HLDGS INC	312,873	$7,459	6.0%	$25.60	0.0%	COM	74934Q108
ESP	ESPEY MFG & ELECTRS CORP	16,627	$784	0.6%	$39.77	0.0%	COM	296650104
PETS	PETMED EXPRESS INC	193,664	$620	0.5%	$2.51	0.0%	COM	716382106

Increased Positions (2)

GDOT GREEN DOT CORP 38.7%

Value ($000) $48,332 (+7213.7%) Shares 3,773,000 (+6585.7%) Est. Cost $12.39 Unrealized +0.2%

NPK NATIONAL PRESTO INDS INC 4.8%

Value ($000) $6,029 (+538.6%) Shares 56,469 (+349.5%) Est. Cost $98.58 Unrealized +6.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GDOT	GREEN DOT CORP	3,773,000 (+6585.7%)	$48,332 (+7213.7%)	38.7%	$12.39	+0.2%	CL A	39304D102
NPK	NATIONAL PRESTO INDS INC	56,469 (+349.5%)	$6,029 (+538.6%)	4.8%	$98.58	+6.3%	COM	637215104

Exited Positions (5)

— STEEL CONNECT INC 29.5%

Value ($000) $36,935 Shares 3,500,985 Est. Cost $10.01 Unrealized —

— CONTEXTLOGIC INC 5.5%

Value ($000) $6,873 Shares 1,261,183 Est. Cost $5.61 Unrealized —

LXFR LUXFER HLDGS PLC 2.7%

Value ($000) $3,435 Shares 265,276 Est. Cost $8.95 Unrealized +45.4%

MRCY MERCURY SYS INC 2.0%

Value ($000) $2,462 Shares 66,543 Est. Cost $30.13 Unrealized +146.9%

— 23ANDME HOLDING CO 0.6%

Value ($000) $728 Shares 2,095,493 Est. Cost $0.53 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	STEEL CONNECT INC	3,500,985	$36,935	29.5%	$10.01	—	—	858098205
—	CONTEXTLOGIC INC	1,261,183	$6,873	5.5%	$5.61	—	—	21077C305
LXFR	LUXFER HLDGS PLC	265,276	$3,435	2.7%	$8.95	+45.4%	—	G5698W116
MRCY	MERCURY SYS INC	66,543	$2,462	2.0%	$30.13	+146.9%	—	589378108
—	23ANDME HOLDING CO	2,095,493	$728	0.6%	$0.53	—	—	90138Q108

Decreased Positions (1)

TRS TRIMAS CORP 1.5%

Value ($000) $1,917 (-45.9%) Shares 54,064 (-61.1%) Est. Cost $25.08 Unrealized +39.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TRS	TRIMAS CORP	54,064 (-61.1%)	$1,917 (-45.9%)	1.5%	$25.08	+39.3%	COM NEW	896215209

Unchanged Positions (1)

BOOM DMC GLOBAL INC 10.6%

Value ($000) $13,200 Shares 1,973,039 Est. Cost $15.27 Unrealized -54.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BOOM	DMC GLOBAL INC	1,973,039	$13,200	10.6%	$15.27	-54.8%	COM	23291C103