Nantahala Capital Management, LLC Hedge Fund

Location: New Canaan, CT

CIK: 0001472322 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $3.025B (99.9% shares, 0.1% debt)

Holdings (153)

IWM ISHARES TR 22.0%
Value $665M Shares 2,700,000 Est. Cost $246.16 Unrealized
EW EDWARDS LIFESCIENCES CORP 5.1%
Value $153M Shares 1,800,000 Est. Cost Unrealized
HLF HERBALIFE LTD 3.3%
Value $101M Shares 7,800,000 Est. Cost $7.65 Unrealized +38.4%
TEVA TEVA PHARMACEUTICAL INDS LTD 2.6%
Value $78.03M Shares 2,500,000 Est. Cost Unrealized
TBBK BANCORP INC DEL 2.4%
Value $72.36M Shares 1,071,685 Est. Cost $50.92 Unrealized +35.5%
ESTA ESTABLISHMENT LABS HLDGS INC 2.4%
Value $71.98M Shares 987,689 Est. Cost $35.35 Unrealized +70.8%
HGV HILTON GRAND VACATIONS INC 2.3%
Value $69.88M Shares 1,561,622 Est. Cost $39.53 Unrealized +7.5%
VTRS VIATRIS INC 2.1%
Value $62.25M Shares 5,000,000 Est. Cost Unrealized
SLNO SOLENO THERAPEUTICS INC 2.0%
Value $60.84M Shares 1,314,002 Est. Cost $40.80 Unrealized +34.4%
XTNT XTANT MED HLDGS INC 1.8%
Value $53.62M Shares 68,394,000 Est. Cost $0.61 Unrealized +19.9%
XBI SPDR SERIES TRUST 1.6%
Value $48.77M Shares 400,000 Est. Cost Unrealized
FULC FULCRUM THERAPEUTICS INC 1.6%
Value $48.56M Shares 4,293,346 Est. Cost $7.40 Unrealized +37.5%
HGV HILTON GRAND VACATIONS INC 1.6%
Value $48.11M Shares 1,075,000 Est. Cost $39.53 Unrealized +7.5%
BVS BIOVENTUS INC 1.5%
Value $44.99M Shares 6,047,403 Est. Cost $4.76 Unrealized +51.1%
SVRA SAVARA INC 1.5%
Value $44.29M Shares 7,344,783 Est. Cost $3.89 Unrealized +25.8%
PTON PELOTON INTERACTIVE INC 1.3%
Value $40.04M Shares 6,500,000 Est. Cost $6.99 Unrealized +0.7%
EOLS EVOLUS INC 1.3%
Value $38.71M Shares 5,820,649 Est. Cost $9.37 Unrealized -27.7%
FOXF FOX FACTORY HLDG CORP 1.2%
Value $37.44M Shares 2,188,300 Est. Cost $23.69 Unrealized -19.5%
PTON PELOTON INTERACTIVE INC 1.2%
Value $36.55M Shares 5,932,676 Est. Cost $6.99 Unrealized +0.7%
GOGO GOGO INC 1.0%
Value $31.65M Shares 6,792,649 Est. Cost $7.33 Unrealized 0.0%
TNGX TANGO THERAPEUTICS INC 1.0%
Value $31.65M Shares 3,572,633 Est. Cost $6.40 Unrealized +34.6%
REGN REGENERON PHARMACEUTICALS 1.0%
Value $30.87M Shares 40,000 Est. Cost Unrealized
AMRX AMNEAL PHARMACEUTICALS INC 1.0%
Value $30.84M Shares 2,447,516 Est. Cost $4.80 Unrealized +138.2%
EB EVENTBRITE INC 1.0%
Value $30.5M Shares 6,854,718 Est. Cost $3.82 Unrealized -18.9%
IWM ISHARES TR 1.0%
Value $28.84M Shares 117,159 Est. Cost $246.16 Unrealized
ABEO ABEONA THERAPEUTICS INC 0.9%
Value $26.16M Shares 4,963,052 Est. Cost $4.43 Unrealized +13.5%
RAPT RAPT THERAPEUTICS INC 0.8%
Value $25.54M Shares 754,153 Est. Cost $11.69 Unrealized +165.6%
GUTS FRACTYL HEALTH INC 0.8%
Value $23.86M Shares 10,846,440 Est. Cost $1.30 Unrealized +24.1%
SLNO SOLENO THERAPEUTICS INC 0.8%
Value $23.24M Shares 502,000 Est. Cost $40.80 Unrealized +34.4%
AVTX AVALO THERAPEUTICS INC 0.7%
Value $22.43M Shares 1,235,000 Est. Cost $7.55 Unrealized +123.5%
ABVX ABIVAX SA 0.7%
Value $20.66M Shares 153,235 Est. Cost $9.53 Unrealized
ETON ETON PHARMACEUTICALS INC 0.7%
Value $19.89M Shares 1,175,951 Est. Cost $4.78 Unrealized +268.3%
GMED GLOBUS MED INC 0.6%
Value $19.64M Shares 224,962 Est. Cost $57.58 Unrealized +31.8%
CWH CAMPING WORLD HLDGS INC 0.6%
Value $19.46M Shares 2,000,000 Est. Cost $12.26 Unrealized 0.0%
ADCT ADC THERAPEUTICS SA 0.6%
Value $19.33M Shares 5,475,433 Est. Cost $3.25 Unrealized +24.9%
FOSL FOSSIL GROUP INC 0.6%
Value $19.04M Shares 5,064,359 Est. Cost $1.80 Unrealized +56.3%
LYV LIVE NATION ENTERTAINMENT IN 0.6%
Value $18.57M Shares 130,300 Est. Cost Unrealized
TITN TITAN MACHY INC 0.6%
Value $18.36M Shares 1,220,520 Est. Cost $15.11 Unrealized +6.5%
RDNW RIDENOW GROUP INC 0.6%
Value $18.07M Shares 3,272,845 Est. Cost $7.99 Unrealized -41.5%
IMAX IMAX CORP 0.6%
Value $17.63M Shares 477,092 Est. Cost $18.34 Unrealized +90.1%
RMR RMR GROUP INC 0.6%
Value $17.1M Shares 1,147,902 Est. Cost $17.70 Unrealized -17.1%
QURE UNIQURE NV 0.6%
Value $16.73M Shares 699,298 Est. Cost $23.79 Unrealized +62.2%
JACK JACK IN THE BOX INC 0.5%
Value $16.41M Shares 865,990 Est. Cost $21.14 Unrealized -14.5%
MDXG MIMEDX GROUP INC 0.5%
Value $16.36M Shares 2,416,389 Est. Cost $6.97 Unrealized +0.5%
CRMT AMERICAS CAR-MART INC 0.5%
Value $16.28M Shares 644,686 Est. Cost $71.35 Unrealized -66.3%
ZVRA ZEVRA THERAPEUTICS INC 0.5%
Value $15.88M Shares 1,771,936 Est. Cost $6.49 Unrealized +45.8%
ALGN ALIGN TECHNOLOGY INC 0.5%
Value $15.62M Shares 100,000 Est. Cost Unrealized
DNTH DIANTHUS THERAPEUTICS INC 0.5%
Value $15.45M Shares 375,000 Est. Cost $25.56 Unrealized +51.7%
CHYM CHIME FINL INC 0.5%
Value $15.1M Shares 600,000 Est. Cost Unrealized
LBRX LB PHARMACEUTICALS INC 0.5%
Value $15.03M Shares 675,000 Est. Cost $15.87 Unrealized +10.1%
TLSI TRISALUS LIFE SCIENCES INC 0.5%
Value $14.45M Shares 2,070,827 Est. Cost $5.35 Unrealized +4.6%
ASTRIA THERAPEUTICS INC 0.5%
Value $14M Shares 1,069,530 Est. Cost $7.70 Unrealized
BNTC BENITEC BIOPHARMA INC 0.5%
Value $13.99M Shares 1,038,371 Est. Cost $8.62 Unrealized +60.4%
APYX APYX MEDICAL CORPORATION 0.5%
Value $13.91M Shares 3,974,091 Est. Cost $1.73 Unrealized +101.3%
UPB UPSTREAM BIO INC 0.4%
Value $13.44M Shares 494,971 Est. Cost $22.33 Unrealized +11.5%
JCAP JEFFERSON CAPITAL INC 0.4%
Value $13.4M Shares 600,000 Est. Cost $18.66 Unrealized +8.3%
FLWS 1 800 FLOWERS COM INC 0.4%
Value $13.26M Shares 3,375,065 Est. Cost $5.32 Unrealized -26.1%
SVC SERVICE PPTYS TR 0.4%
Value $12.99M Shares 7,057,887 Est. Cost $2.54 Unrealized
AVR ANTERIS TECHNOLOGIES GLOBAL 0.4%
Value $12.63M Shares 2,530,910 Est. Cost $5.18 Unrealized -11.5%
GERN GERON CORP 0.4%
Value $11.91M Shares 9,025,000 Est. Cost $1.33 Unrealized -5.8%
AURA AURA BIOSCIENCES INC 0.4%
Value $11.54M Shares 2,117,697 Est. Cost $9.63 Unrealized -38.3%
USNA USANA HEALTH SCIENCES INC 0.4%
Value $11.49M Shares 585,074 Est. Cost $20.75 Unrealized 0.0%
HLF HERBALIFE LTD 0.4%
Value $11.37M Shares 881,857 Est. Cost $7.65 Unrealized +38.4%
RYAM RAYONIER ADVANCED MATLS INC 0.4%
Value $10.6M Shares 1,800,000 Est. Cost $6.12 Unrealized +6.2%
BCRX BIOCRYST PHARMACEUTICALS INC 0.3%
Value $10.58M Shares 1,356,377 Est. Cost $7.23 Unrealized 0.0%
IRON DISC MEDICINE INC 0.3%
Value $10.55M Shares 132,800 Est. Cost $40.27 Unrealized +109.8%
CWH CAMPING WORLD HLDGS INC 0.3%
Value $10.3M Shares 1,058,542 Est. Cost $12.26 Unrealized 0.0%
AMLX AMYLYX PHARMACEUTICALS INC 0.3%
Value $10.1M Shares 835,684 Est. Cost $2.95 Unrealized +360.5%
PEPG PEPGEN INC 0.3%
Value $10.07M Shares 1,547,229 Est. Cost $5.19 Unrealized 0.0%
GDEN GOLDEN ENTMT INC 0.3%
Value $10.01M Shares 368,245 Est. Cost $25.68 Unrealized 0.0%
LXEO LEXEO THERAPEUTICS INC 0.3%
Value $9.93M Shares 1,000,000 Est. Cost $9.13 Unrealized 0.0%
XFOR X4 PHARMACEUTICALS INC 0.3%
Value $9.798M Shares 2,449,468 Est. Cost $2.67 Unrealized +35.9%
IRD OPUS GENETICS INC 0.3%
Value $9.61M Shares 4,781,330 Est. Cost $1.38 Unrealized +46.7%
RDNW RIDENOW GROUP INC 0.3%
Value $9.384M Shares 1,700,000 Est. Cost $7.99 Unrealized -41.5%
SLN SILENCE THERAPEUTICS PLC 0.3%
Value $9.378M Shares 1,542,427 Est. Cost $8.52 Unrealized
CASH PATHWARD FINANCIAL INC 0.3%
Value $9.344M Shares 131,608 Est. Cost $71.94 Unrealized -0.4%
ILPT INDUSTRIAL LOGISTICS PPTYS T 0.3%
Value $9.302M Shares 1,678,973 Est. Cost $3.65 Unrealized
SLDB SOLID BIOSCIENCES INC 0.3%
Value $9.043M Shares 1,603,336 Est. Cost $3.66 Unrealized +48.1%
DSGR DISTRIBUTION SOLUTIONS GRP I 0.3%
Value $9.039M Shares 330,000 Est. Cost $27.43 Unrealized +2.5%
RH RH 0.3%
Value $8.957M Shares 50,000 Est. Cost $171.01 Unrealized 0.0%
QNCX QUINCE THERAPEUTICS INC 0.3%
Value $8.953M Shares 2,672,429 Est. Cost $1.24 Unrealized +103.6%
COGT COGENT BIOSCIENCES INC 0.3%
Value $8.88M Shares 250,000 Est. Cost $8.00 Unrealized +251.3%
EHTH EHEALTH INC 0.3%
Value $8.103M Shares 1,761,441 Est. Cost $6.37 Unrealized -30.9%
IKT INHIBIKASE THERAPEUTICS INC 0.3%
Value $8.055M Shares 3,929,292 Est. Cost $2.09 Unrealized -24.0%
ITGR INTEGER HLDGS CORP 0.3%
Value $8M Shares 102,000 Est. Cost $79.69 Unrealized 0.0%
CMCO COLUMBUS MCKINNON CORP N Y 0.3%
Value $7.763M Shares 450,000 Est. Cost $19.61 Unrealized -18.7%
KROS KEROS THERAPEUTICS INC 0.2%
Value $7.338M Shares 360,419 Est. Cost $33.46 Unrealized -47.6%
RSVR RESERVOIR MEDIA INC 0.2%
Value $7.123M Shares 940,960 Est. Cost $5.79 Unrealized +29.5%
HAIN HAIN CELESTIAL GROUP INC 0.2%
Value $6.986M Shares 6,528,789 Est. Cost $1.74 Unrealized -29.1%
VMD VIEMED HEALTHCARE INC 0.2%
Value $6.928M Shares 932,445 Est. Cost $7.16 Unrealized -4.3%
RH RH 0.2%
Value $6.77M Shares 37,791 Est. Cost $171.01 Unrealized 0.0%
CDXS CODEXIS INC 0.2%
Value $6.504M Shares 3,990,169 Est. Cost $4.63 Unrealized -56.0%
DRIO DARIOHEALTH CORP 0.2%
Value $6.41M Shares 563,232 Est. Cost $11.02 Unrealized +19.7%
CNTA CENTESSA PHARMACEUTICALS PLC 0.2%
Value $6.373M Shares 254,803 Est. Cost $10.22 Unrealized
TELA TELA BIO INC 0.2%
Value $6.032M Shares 5,111,588 Est. Cost $3.66 Unrealized -65.4%
NSPR INSPIREMD INC 0.2%
Value $6.01M Shares 3,376,484 Est. Cost $2.22 Unrealized -6.1%
UNCY UNICYCIVE THERAPEUTICS INC 0.2%
Value $5.419M Shares 939,202 Est. Cost $6.18 Unrealized -13.7%
ASRT ASSERTIO HOLDINGS INC 0.2%
Value $5.327M Shares 587,335 Est. Cost $11.67 Unrealized 0.0%
SRZN SURROZEN INC 0.2%
Value $5.187M Shares 229,527 Est. Cost $10.52 Unrealized +53.8%
KROS KEROS THERAPEUTICS INC 0.2%
Value $5.09M Shares 250,000 Est. Cost $33.46 Unrealized -47.6%
KRRO KORRO BIO INC 0.2%
Value $4.806M Shares 600,000 Est. Cost $23.38 Unrealized 0.0%
NKTR NEKTAR THERAPEUTICS 0.2%
Value $4.775M Shares 112,946 Est. Cost $11.24 Unrealized +398.1%
NPCE NEUROPACE INC 0.2%
Value $4.556M Shares 295,089 Est. Cost $8.82 Unrealized +51.7%
CGON CG ONCOLOGY INC 0.2%
Value $4.544M Shares 109,449 Est. Cost $29.07 Unrealized +42.3%
ALTG ALTA EQUIPMENT GROUP INC 0.1%
Value $4.3M Shares 934,774 Est. Cost $8.68 Unrealized -36.7%
DXLG DESTINATION XL GROUP INC 0.1%
Value $4.142M Shares 4,505,000 Est. Cost $1.19 Unrealized -13.5%
MLYS MINERALYS THERAPEUTICS INC 0.1%
Value $4.111M Shares 113,285 Est. Cost $12.21 Unrealized +228.3%
GRCE GRACE THERAPEUTICS INC 0.1%
Value $4.077M Shares 1,178,203 Est. Cost $3.15 Unrealized +0.8%
TLPH TALPHERA INC 0.1%
Value $3.981M Shares 3,492,519 Est. Cost $0.81 Unrealized +48.4%
MARA HOLDINGS INC 0.1%
Value $3.945M Shares 5,000,000 Est. Cost $0.79 Unrealized
STKS THE ONE GROUP HOSPITALITY IN 0.1%
Value $3.712M Shares 2,121,084 Est. Cost $4.18 Unrealized
DHX DHI GROUP INC 0.1%
Value $3.68M Shares 2,374,027 Est. Cost $2.52 Unrealized -25.0%
VSTM VERASTEM INC 0.1%
Value $3.568M Shares 462,140 Est. Cost $3.96 Unrealized +124.9%
ARVN ARVINAS INC 0.1%
Value $3.558M Shares 300,000 Est. Cost $10.92 Unrealized 0.0%
KIDS ORTHOPEDIATRICS CORP 0.1%
Value $3.542M Shares 199,449 Est. Cost $18.28 Unrealized -4.2%
GAIA GAIA INC NEW 0.1%
Value $3.32M Shares 914,618 Est. Cost $2.70 Unrealized +69.6%
ACHV ACHIEVE LIFE SCIENCES INC 0.1%
Value $3.225M Shares 648,885 Est. Cost $4.08 Unrealized +6.9%
AKBA AKEBIA THERAPEUTICS INC 0.1%
Value $3.22M Shares 2,000,000 Est. Cost $2.04 Unrealized +2.6%
SRL SCULLY ROYALTY LTD 0.1%
Value $3.148M Shares 368,182 Est. Cost $8.94 Unrealized -31.5%
NNBR NN INC 0.1%
Value $3.125M Shares 2,441,416 Est. Cost $2.05 Unrealized -25.4%
ANEB ANEBULO PHARMACEUTICALS INC 0.1%
Value $3.067M Shares 3,036,325 Est. Cost $1.97 Unrealized +16.0%
CMPS COMPASS PATHWAYS PLC 0.1%
Value $3.059M Shares 443,293 Est. Cost $3.18 Unrealized
BRCC BRC INC 0.1%
Value $2.92M Shares 2,630,517 Est. Cost $1.60 Unrealized -19.0%
NOODLES & CO 0.1%
Value $2.912M Shares 4,124,708 Est. Cost $2.56 Unrealized
AYTU AYTU BIOPHARMA INC 0.1%
Value $2.826M Shares 1,086,812 Est. Cost $2.20 Unrealized +1.8%
ABEO ABEONA THERAPEUTICS INC 0.1%
Value $2.74M Shares 520,000 Est. Cost $4.43 Unrealized +13.5%
PAYO PAYONEER GLOBAL INC 0.1%
Value $2.719M Shares 483,836 Est. Cost $6.78 Unrealized -14.7%
XNCR XENCOR INC 0.1%
Value $2.521M Shares 164,639 Est. Cost $12.03 Unrealized +24.2%
IMUX IMMUNIC INC 0.1%
Value $2.337M Shares 4,378,406 Est. Cost $0.73 Unrealized 0.0%
ELUT ELUTIA INC 0.1%
Value $2.206M Shares 3,184,947 Est. Cost $2.67 Unrealized -71.6%
KOS KOSMOS ENERGY LTD 0.1%
Value $2.127M Shares 2,344,194 Est. Cost $2.51 Unrealized -47.6%
RDI READING INTL INC 0.1%
Value $2.017M Shares 1,921,088 Est. Cost $4.14 Unrealized -68.9%
KZR KEZAR LIFE SCIENCES INC 0.1%
Value $1.741M Shares 276,754 Est. Cost $5.83 Unrealized 0.0%
PCVX VAXCYTE INC 0.1%
Value $1.624M Shares 35,200 Est. Cost Unrealized
PERF PERFECT CORP 0.0%
Value $1.057M Shares 583,925 Est. Cost $2.22 Unrealized -16.3%
ASPSW ALTISOURCE PORTFOLIO SOLUTIO 0.0%
Value $1.016M Shares 2,477,312 Est. Cost $0.51 Unrealized
SNTI SENTI BIOSCIENCES INC 0.0%
Value $924K Shares 888,000 Est. Cost $3.89 Unrealized -54.6%
GLUE MONTE ROSA THERAPEUTICS INC 0.0%
Value $909K Shares 57,991 Est. Cost $13.48 Unrealized 0.0%
EDSA EDESA BIOTECH INC 0.0%
Value $888K Shares 625,000 Est. Cost $2.16 Unrealized -9.2%
TELA TELA BIO INC 0.0%
Value $885K Shares 750,000 Est. Cost $3.66 Unrealized -65.4%
ACU ACME UTD CORP 0.0%
Value $823K Shares 20,427 Est. Cost $37.04 Unrealized +3.5%
ASPSZ ALTISOURCE PORTFOLIO SOLUTIO 0.0%
Value $818K Shares 2,477,312 Est. Cost $0.50 Unrealized
VYNE VYNE THERAPEUTICS INC 0.0%
Value $580K Shares 1,000,000 Est. Cost $0.40 Unrealized 0.0%
SGRP SPAR GROUP INC 0.0%
Value $532K Shares 660,688 Est. Cost $1.27 Unrealized -24.0%
SSKN STRATA SKIN SCIENCES INC 0.0%
Value $509K Shares 403,917 Est. Cost $3.83 Unrealized -58.9%
PHGE BIOMX INC 0.0%
Value $215K Shares 114,795 Est. Cost $6.73 Unrealized 0.0%
KPRX KIORA PHARMACEUTICALS INC 0.0%
Value $209K Shares 106,156 Est. Cost $4.67 Unrealized -51.1%
NUVATION BIO INC 0.0%
Value $207K Shares 626,191 Est. Cost $0.33 Unrealized
APRE APREA THERAPEUTICS INC 0.0%
Value $176K Shares 205,760 Est. Cost $6.22 Unrealized -80.2%
LUCD LUCID DIAGNOSTICS INC 0.0%
Value $103K Shares 94,541 Est. Cost $8.12 Unrealized -86.2%
CNTX CONTEXT THERAPEUTICS INC 0.0%
Value $55,620 Shares 37,837 Est. Cost $1.72 Unrealized -32.2%
GFAIW GUARDFORCE AI CO LTD 0.0%
Value $23,131 Shares 154,205 Est. Cost $0.80 Unrealized
PERF/WS PERFECT CORP 0.0%
Value $323 Shares 16,075 Est. Cost $0.07 Unrealized