Nantahala Capital Management, LLC

CIK

1472322

Location

New Canaan, CT

Portfolio Value

Mid $2,303,605,850

Diversification

Diversified

Filing Date

Global Rank

#1,241 / 8,700 ▲ 13

Top Industry

Biotechnology 33.1%

Period ended 2 months ago

Filed Aug 19, 2026 · 24d

26 quarters · since Mar 2020

Portfolio Concentration

136 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

5.5%

−14.0 pts

Top 5

21.9%

−13.5 pts

Top 10

34.0%

−12.2 pts

HHI

190

Diversified−324

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Healthcare	58.5%	$1,348,652,735	84
Consumer Cyclical	19.9%	$459,220,215	16
Financial Services	6.0%	$138,314,180	8
Consumer Defensive	5.4%	$124,560,896	5
Communication Services	3.9%	$89,076,987	6
Industrials	2.1%	$49,115,846	6
Real Estate	1.8%	$42,417,618	4
Technology	1.7%	$38,903,247	6
Basic Materials	0.6%	$13,344,126	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

24 positions

Ticker	Company	Δ Shares	Shares	Value
ADCT	ADC Therapeutics SA	+6,728,751	12,326,184	$13,189,016
FULC	Fulcrum Therapeutics, Inc.	+2,425,000	5,475,040	$20,038,646
ALEC	Alector, Inc.	+1,502,126	4,318,109	$8,679,399
IRD	Opus Genetics, Inc.	+1,380,029	3,061,359	$12,582,185
MDXG	Mimedx Group, Inc.	+1,370,253	4,767,552	$18,355,075
GERN	Geron Corp	+1,000,000	12,225,000	$15,648,000
AURA	Aura Biosciences, Inc.	+833,333	2,951,030	$20,952,313
HLF	Herbalife Ltd.	+755,501	7,709,154	$101,375,375
AVTX	Avalo Therapeutics, Inc.	+627,250	1,862,250	$34,414,380
PHGE	BiomX Inc.	+520,200	634,995	$220,851
UNCY	Unicycive Therapeutics, Inc.	+462,245	1,401,447	$6,572,786
AGMB	Agomab Therapeutics NV	+368,188	1,568,188	$20,355,080
JACK	Jack In The Box Inc	+185,944	1,728,659	$27,330,098
IMAX	Imax Corp	+142,455	658,009	$26,228,238
TRDA	Entrada Therapeutics, Inc.	+141,243	300,575	$2,212,232
ABEO	Abeona Therapeutics Inc.	+123,438	6,156,490	$38,047,108
FOSL	Fossil Group, Inc.	+101,104	5,505,128	$22,791,229
LXEO	Lexeo Therapeutics, Inc.	+100,000	1,300,000	$6,051,500
RYAM	Rayonier Advanced Materials Inc.	+97,726	1,697,726	$13,344,126
FORR	Forrester Research, Inc.	+69,024	763,446	$6,420,580
BNTC	Benitec Biopharma Inc.	+50,000	1,488,371	$19,914,403
KROS	Keros Therapeutics, Inc.	+50,000	1,410,419	$15,091,483
KIDS	Orthopediatrics Corp	+42,893	242,342	$4,636,002
DRIO	DarioHealth Corp.	+1	610,691	$4,030,560
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PTON	Peloton Interactive, Inc.	−8,391,005	21,547,895	$127,348,059
IMUX	Immunic, Inc.	−2,255,845	250,646	$3,852,429
AVR	Anteris Technologies Global Corp.	−2,147,575	3,383,335	$33,325,849
GUTS	Fractyl Health, Inc.	−2,075,423	11,289,096	$8,963,542
SVC	Service Properties Trust	−1,735,246	5,322,641	$8,995,263
QURE	uniQure N.V.	−1,419,918	1,417,160	$65,274,389
BRCC	BRC Inc.	−1,373,346	1,257,171	$139,545
TLSI	TriSalus Life Sciences, Inc.	−1,070,827	1,000,000	$4,550,000
SLN	Silence Therapeutics plc	−800,000	1,346,731	$14,787,106
EOLS	Evolus, Inc.	−774,836	5,602,021	$38,878,025
TNGX	Tango Therapeutics, Inc.	−749,793	500,659	$15,650,600
ZVRA	Zevra Therapeutics, Inc.	−724,460	1,797,476	$25,775,805
CWH	Camping World Holdings, Inc.	−708,219	4,551,055	$34,724,549
AMRX	Amneal Pharmaceuticals, Inc.	−575,357	2,268,751	$39,272,079
ILPT	Industrial Logistics Properties Trust	−567,820	1,111,153	$9,855,927
VENU	Venu Holding Corp	−500,000	1,546,705	$3,511,020
CDXS	Codexis, Inc.	−500,000	3,623,613	$8,189,365
ESTA	Establishment Labs Holdings Inc.	−497,126	335,830	$28,817,572
HGV	Hilton Grand Vacations Inc.	−480,486	2,108,170	$110,404,862
SVRA	Savara Inc	−367,973	6,976,810	$42,977,149
VMD	Viemed Healthcare, Inc.	−251,338	632,445	$7,209,873
ALTG	Alta Equipment Group Inc.	−210,000	724,774	$4,689,287
GOGO	Gogo Inc.	−184,305	8,697,731	$26,962,966
FOXF	Fox Factory Holding Corp	−177,605	2,110,695	$35,765,726
APYX	Apyx Medical Corp	−170,056	3,270,248	$14,683,413
No positions match the current search.

New Positions

Positions the filer opened this quarter

23 positions

Ticker	Company	Shares	Value
NBIX	Neurocrine Biosciences Inc	200,000	$33,708,000
PRAX	Praxis Precision Medicines, Inc.	100,000	$33,479,000
KRYS	Krystal Biotech, Inc.	85,000	$31,591,950
SNAP	Snap Inc	5,000,000	$22,200,000
ADMA	Adma Biologics, Inc.	2,359,993	$19,753,141
VOR	Vor Biopharma Inc.	845,000	$15,556,450
PLNT	Planet Fitness, Inc.	279,000	$14,555,430
AMAN	Amanat Acquisition Corp.	1,200,000	$12,192,000
INSP	Inspire Medical Systems, Inc.	269,474	$12,021,235
IVA	Inventiva S.A.	2,686,393	$10,154,565
CATX	Perspective Therapeutics, Inc.	2,325,450	$7,929,784
IACQ	Irenic Acquisition Corp.	750,000	$7,492,500
ELOX	Eloxx Pharmaceuticals, Inc.	400,000	$5,552,000
TRAX	First Tracks Biotherapeutics, Inc.	250,000	$5,030,000
ALT	Altimmune, Inc.	1,500,000	$4,560,000
ZLAB	Zai Lab Ltd	200,000	$3,800,000
KLRA	Kailera Therapeutics, Inc.	140,000	$3,084,200
ARTV	Artiva Biotherapeutics, Inc.	300,000	$2,910,000
EDIT	Editas Medicine, Inc.	852,700	$2,762,748
JATT	JATT II Acquisition Corp.	225,000	$2,556,000
ALXO	Alx Oncology Holdings Inc	750,000	$1,552,500
CLRB	Cellectar Biosciences, Inc.	219,998	$611,594
AZTR	Azitra, Inc.	2,213,613	$371,886
No positions match the current search.

Sold Out

Positions the filer fully exited

21 positions

Ticker	Company	Shares	Value
AAXJ	iShares MSCI All Country Asia ex Japan ETF	2,050,000	$508,400,000
TEVA	Teva Pharmaceutical Industries Ltd	1,500,000	$45,180,000
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	300,000	$38,319,000
ALGN	Align Technology Inc	100,000	$17,143,000
COGT	Cogent Biosciences, Inc.	250,000	$9,622,500
SLDB	Solid Biosciences Inc.	1,165,078	$8,388,561
DNTH	Dianthus Therapeutics, Inc. /DE/	67,282	$5,646,305
KOS	Kosmos Energy Ltd.	1,844,194	$5,126,859
RVMD	Revolution Medicines, Inc.	50,000	$4,862,500
IRON	Disc Medicine, Inc.	66,653	$4,261,792
CZR	Caesars Entertainment, Inc.	150,000	$3,964,500
UPB	Upstream Bio, Inc.	400,000	$3,600,000
NNBR	Nn Inc	2,441,416	$3,540,053
GRCE	Grace Therapeutics, Inc.	728,203	$3,371,579
CGON	CG Oncology, Inc.	49,449	$3,346,708
XNCR	Xencor Inc	264,639	$3,191,546
ACHV	Achieve Life Sciences, Inc.	648,885	$1,907,721
PEPG	PepGen Inc.	681,158	$1,205,649
—		2,494,124	$0
—		692,335	$0
CNTA	Centessa Pharmaceuticals plc	254,803	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

136 tracked positions · $2,303,605,850 total · filing declares 155 positions · $3,014,941,589 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 136 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
PTON	Peloton Interactive, Inc. CALL + SHARES Consumer Cyclical	Reduced	21,547,895	-8,391,005	$127,348,059	−0.8%	5.53%
HGV	Hilton Grand Vacations Inc. CALL + SHARES Consumer Cyclical	Reduced	2,108,170	-480,486	$110,404,862	+9.0%	4.79%
HLF	Herbalife Ltd. CALL + SHARES Consumer Defensive	Added	7,709,154	+755,501	$101,375,375	−1.0%	4.40%
TBBK	Bancorp, Inc. CALL + SHARES Financial Services	Reduced	1,365,687	-140,569	$85,546,633	+5.7%	3.71%
VTRS	Viatris Inc CALL Healthcare	Held	5,000,000	0	$79,400,000	+17.5%	3.45%
EW	Edwards Lifesciences Corp PUT Healthcare	Held	800,000	0	$72,368,000	+13.0%	3.14%
QURE	uniQure N.V. PUT CALL + SHARES Healthcare	Reduced	1,417,160	-1,419,918	$65,274,389	+40.7%	2.83%
BVS	Bioventus Inc. Healthcare	Reduced	6,000,279	-122,124	$56,642,633	+1.3%	2.46%
SVRA	Savara Inc Healthcare	Reduced	6,976,810	-367,973	$42,977,149	+7.2%	1.87%
ETON	Eton Pharmaceuticals, Inc. Healthcare	Held	1,175,951	0	$42,569,426	+46.7%	1.85%
AMRX	Amneal Pharmaceuticals, Inc. Healthcare	Reduced	2,268,751	-575,357	$39,272,079	+11.1%	1.70%
EOLS	Evolus, Inc. Healthcare	Reduced	5,602,021	-774,836	$38,878,025	+48.3%	1.69%
ABEO	Abeona Therapeutics Inc. CALL + SHARES Healthcare	Added	6,156,490	+123,438	$38,047,108	+40.8%	1.65%
FOXF	Fox Factory Holding Corp CALL + SHARES Consumer Cyclical	Reduced	2,110,695	-177,605	$35,765,726	−5.0%	1.55%
CWH	Camping World Holdings, Inc. CALL + SHARES Consumer Cyclical	Reduced	4,551,055	-708,219	$34,724,549	−3.3%	1.51%
AVTX	Avalo Therapeutics, Inc. Healthcare	Added	1,862,250	+627,250	$34,414,380	+86.6%	1.49%
LBRX	Lb Pharmaceuticals Inc Healthcare	Held	1,052,894	0	$34,171,674	+31.6%	1.48%
NBIX	Neurocrine Biosciences Inc CALL Healthcare	NEW	200,000	NEW	$33,708,000	NEW	1.46%
PRAX	Praxis Precision Medicines, Inc. PUT Healthcare	NEW	100,000	NEW	$33,479,000	NEW	1.45%
AVR	Anteris Technologies Global Corp. Healthcare	Reduced	3,383,335	-2,147,575	$33,325,849	+8.6%	1.45%
RDNW	RideNow Group, Inc. CALL + SHARES Consumer Cyclical	Held	4,972,845	0	$33,119,147	−5.7%	1.44%
KRYS	Krystal Biotech, Inc. PUT Healthcare	NEW	85,000	NEW	$31,591,950	NEW	1.37%
ESTA	Establishment Labs Holdings Inc. Healthcare	Reduced	335,830	-497,126	$28,817,572	−39.1%	1.25%
XTNT	Xtant Medical Holdings, Inc. Healthcare	Held	68,394,000	0	$28,725,480	−25.0%	1.25%
JACK	Jack In The Box Inc Consumer Cyclical	Added	1,728,659	+185,944	$27,330,098	+83.2%	1.19%
GOGO	Gogo Inc. Communication Services	Reduced	8,697,731	-184,305	$26,962,966	−24.5%	1.17%
IMAX	Imax Corp Communication Services	Added	658,009	+142,455	$26,228,238	+33.8%	1.14%
ZVRA	Zevra Therapeutics, Inc. Healthcare	Reduced	1,797,476	-724,460	$25,775,805	+9.7%	1.12%
REGN	Regeneron Pharmaceuticals, Inc. CALL Healthcare	Held	40,000	0	$24,941,600	−19.3%	1.08%
TITN	Titan Machinery Inc. Industrials	Reduced	1,133,088	-121,432	$23,930,818	+14.1%	1.04%
RMR	Rmr Group Inc. Real Estate	Held	1,147,902	0	$23,566,428	+32.7%	1.02%
FOSL	Fossil Group, Inc. Consumer Cyclical	Added	5,505,128	+101,104	$22,791,229	−2.1%	0.99%
SNAP	Snap Inc CALL + SHARES Communication Services	NEW	5,000,000	NEW	$22,200,000	NEW	0.96%
MLYS	Mineralys Therapeutics, Inc. Healthcare	Reduced	820,481	-75,000	$22,136,577	−8.7%	0.96%
AURA	Aura Biosciences, Inc. Healthcare	Added	2,951,030	+833,333	$20,952,313	+47.9%	0.91%
AGMB	Agomab Therapeutics NV Healthcare	Added	1,568,188	+368,188	$20,355,080	+61.7%	0.88%
FULC	Fulcrum Therapeutics, Inc. Healthcare	Added	5,475,040	+2,425,000	$20,038,646	−14.3%	0.87%
BNTC	Benitec Biopharma Inc. Healthcare	Added	1,488,371	+50,000	$19,914,403	+30.0%	0.86%
ADMA	Adma Biologics, Inc. Healthcare	NEW	2,359,993	NEW	$19,753,141	NEW	0.86%
BCRX	Biocryst Pharmaceuticals Inc Healthcare	Reduced	1,901,160	-86,237	$19,011,600	+0.5%	0.83%
MDXG	Mimedx Group, Inc. Healthcare	Added	4,767,552	+1,370,253	$18,355,075	+36.8%	0.80%
ABVX	Abivax S.A. Healthcare	Reduced	133,759	-3,478	$17,824,724	+16.6%	0.77%
USNA	Usana Health Sciences Inc Consumer Defensive	Held	810,074	0	$17,295,079	+22.2%	0.75%
CHYM	Chime Financial, Inc. CALL + SHARES Technology	Reduced	772,119	-27,881	$15,812,997	+5.5%	0.69%
GLUE	Monte Rosa Therapeutics, Inc. Healthcare	Held	651,993	0	$15,778,230	+47.1%	0.68%
TNGX	Tango Therapeutics, Inc. Healthcare	Reduced	500,659	-749,793	$15,650,600	−40.2%	0.68%
GERN	Geron Corp Healthcare	Added	12,225,000	+1,000,000	$15,648,000	−6.4%	0.68%
VOR	Vor Biopharma Inc. Healthcare	NEW	845,000	NEW	$15,556,450	NEW	0.68%
KROS	Keros Therapeutics, Inc. Healthcare	Added	1,410,419	+50,000	$15,091,483	+0.5%	0.66%
PCVX	Vaxcyte, Inc. CALL + SHARES Healthcare	Reduced	257,346	-16,600	$14,959,522	−6.0%	0.65%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.