AWM Investment Company, Inc.

Registered adviser

CIK

1535264

Location

NEW YORK, NY

Portfolio Value

Mid $1,143,727,914

Diversification

Diversified

Filing Date

Global Rank

#2,301 / 8,823 ▲ 163

Top Industry

Semiconductors 14.1%

Period ended 4 months ago

Filed Aug 14, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Records disagree; the first in precedence decides.

Form ADV adviser

CRD 110346

Roster of Nov 1, 2026

Regulatory AUM

$1,316,522,778

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

8 funds · Hedge funds

Focus by fund count, roster of Nov 1, 2026

$1,316,522,778 gross assets

LEI

254900DH7DV9J5DJ8B29

Private funds on Schedule D 7.B.(1)

As filed Mar 28, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$900,361,242 gross assets in 8 funds Hedge funds $875,316,195 (6) Venture capital funds $25,045,047 (2)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$1,316,522,778	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$1,103,219,298	Pooled investment vehicles (100%)
Apr 2024 to Mar 2025	$900,361,242	Pooled investment vehicles (100%)
May 2023 to Mar 2024	$842,959,433	Pooled investment vehicles (100%)
Apr 2023	$842,959,433	Pooled investment vehicles (100%)
Apr 2022 to Mar 2023	$1,221,644,447	Pooled investment vehicles (100%)

3 earlier changes not shown.

Stated strategy

Value, Fundamental active, Private markets Form ADV Part 2A, Mar 31, 2026 · original

In the firm's words

Value: AWM’s Special Situation Funds seek businesses with technological, market or product niches with underappreciated valuations providing a deep discount to intrinsic values.
Fundamental active: Many factors, such as the relationship of market value to book or current asset value, the testing results of new products, the history of introduction of successful products or services, and the strength of management and earnings performance, will be considered.
Private markets: The Innovation Fund invests in various seed, early and developmental stage private companies in the assisted reproductive technology sector.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 37.5%, 43.8 effective positions, active share 98.0% against the Russell 2000 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

44.5% over the last four quarters (30% to under 100%)

Horizon

Long horizon

Value-weighted holding period 13.9 quarters (12+), a floor since 23.7% of the book was already held when coverage starts

Closest benchmark: the Russell 2000 as of 2026-06-30, active share 98.0%; sector active share 38.3% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

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

Top Position

5.7%

−0.8 pts

Top 5

21.5%

−5.4 pts

Top 10

37.5%

−3.8 pts

HHI

228

Diversified−34

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	41.6%	$476,224,754	27
Healthcare	26.6%	$304,166,967	43
Industrials	17.5%	$200,430,053	13
Consumer Cyclical	4.8%	$55,161,637	6
Consumer Defensive	2.7%	$30,445,991	3
Communication Services	2.3%	$26,524,416	4
Basic Materials	2.2%	$24,932,540	3
Financial Services	1.5%	$16,950,918	3
Energy	0.8%	$8,890,638	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
GRO	Brazil Potash Corp.	+2,771,400	5,000,000	$10,750,000
TYGO	Tigo Energy, Inc.	+1,197,003	3,347,933	$7,800,683
RANI	Rani Therapeutics Holdings, Inc.	+1,000,000	7,500,000	$5,700,000
ABEO	Abeona Therapeutics Inc.	+683,000	1,486,130	$9,184,283
NXDR	Nextdoor Holdings, Inc.	+501,366	2,655,204	$6,027,313
RCAT	Red Cat Holdings, Inc.	+500,000	874,460	$9,312,999
LPTH	Lightpath Technologies Inc	+499,912	2,537,522	$41,488,484
BDTX	Black Diamond Therapeutics, Inc.	+475,000	1,000,000	$1,850,000
FENC	Fennec Pharmaceuticals Inc.	+440,161	1,160,296	$12,473,182
PAYS	Paysign, Inc.	+415,000	800,965	$6,559,903
REAL	TheRealReal, Inc.	+319,800	1,803,647	$21,264,998
AQST	Aquestive Therapeutics, Inc.	+205,000	475,400	$1,977,664
ARLO	Arlo Technologies, Inc.	+200,900	1,466,009	$19,761,801
GRSD	GRANDSTAND Ltd	+180,866	2,667,343	$5,067,951
AMSC	American Superconductor Corp	+150,000	951,604	$39,501,082
IPWR	Ideal Power Inc.	+149,395	1,346,244	$7,215,867
LOVE	Lovesac Co	+110,400	610,402	$10,187,609
MODD	Modular Medical, Inc.	+74,429	441,095	$1,984,927
RNA	Atrium Therapeutics, Inc.	+57,500	107,500	$1,445,875
IMDX	Insight Molecular Diagnostics Inc.	+30,436	2,836,692	$16,736,482
—		+22,500	222,500	$4,728,125
AVAV	AeroVironment Inc	+16,250	146,908	$24,250,103
OPRX	OptimizeRx Corp	+10,000	240,421	$1,375,208
OPK	Opko Health, Inc.	+10,000	2,110,000	$3,165,000
GLXY	Galaxy Digital Inc.	+2,000	447,000	$12,220,980
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
KOPN	Kopin Corp	−3,790,750	8,024,062	$35,947,797
MRAM	Everspin Technologies Inc.	−1,327,241	750,000	$18,135,000
GILT	Gilat Satellite Networks Ltd	−1,266,586	1,036,181	$13,791,569
PEPG	PepGen Inc.	−1,230,925	600,000	$1,080,000
AEHR	Aehr Test Systems	−1,219,163	374,808	$36,004,056
AIOT	Powerfleet, Inc.	−861,043	3,840,463	$14,708,973
OWLT	Owlet, Inc.	−753,117	1,225,353	$7,033,526
VELO	Velo3D, Inc.	−656,216	1,322,066	$23,202,258
ASPI	ASP Isotopes Inc.	−543,006	1,581,490	$9,836,867
BKSY	BlackSky Technology Inc.	−525,610	1,200,000	$33,504,000
ARBE	Arbe Robotics Ltd.	−395,453	5,506,444	$4,570,348
MASS	908 Devices Inc.	−320,151	4,879,773	$42,454,025
DFTX	Definium Therapeutics, Inc.	−292,093	784,800	$36,916,992
GRWG	GrowGeneration Corp.	−282,374	3,098,410	$4,585,646
OOMA	Ooma Inc	−237,288	173,820	$3,340,820
VICR	Vicor Corp	−139,199	148,981	$56,580,004
FEAM	5E Advanced Materials, Inc.	−123,616	3,126,384	$4,345,673
ANRO	Alto Neuroscience, Inc.	−90,000	80,000	$2,111,200
LASR	Nlight, Inc.	−84,728	939,011	$65,373,945
ALMU	Aeluma, Inc.	−68,596	131,404	$2,901,400
CEVA	Ceva Inc	−65,000	799,806	$37,718,850
RDCM	Radcom Ltd	−39,465	951,796	$13,420,323
CTRN	Citi Trends Inc	−32,000	134,127	$7,757,905
OUST	Ouster, Inc.	−28,565	157,435	$9,842,836
NGS	Natural Gas Services Group Inc	−25,044	189,732	$8,185,038
No positions match the current search.

New Positions

Positions the filer opened this quarter

20 positions

Ticker	Company	Shares	Value
BRUN	Boost Run Inc.	813,739	$31,581,210
ASYS	Amtech Systems Inc	690,000	$15,925,200
SOPH	SOPHiA GENETICS SA	1,700,000	$9,809,000
SHMD	SCHMID Group N.V.	1,388,976	$8,694,989
LTRX	Lantronix Inc	1,250,000	$7,350,000
ELMT	Elmet Group Co.	344,853	$6,807,398
MEC	Mayville Engineering Company, Inc.	180,000	$6,742,800
LWAY	Lifeway Foods, Inc.	223,000	$6,654,320
NEOV	NeoVolta Inc.	1,645,557	$5,183,504
AURA	Aura Biosciences, Inc.	591,285	$4,198,123
FTH	Faeth Therapeutics, Inc.	111,343	$2,783,575
DETX	Liberty Defense Holdings, Ltd.	514,300	$2,072,629
SUNE	SUNation Energy, Inc.	820,000	$1,935,200
ANGX	Angel Studios, Inc.	458,379	$1,682,250
MSLE	Satellos Bioscience Inc.	180,000	$1,399,500
IRD	Opus Genetics, Inc.	232,590	$955,944
CREX	Creative Realities, Inc.	200,000	$826,000
FTK	Flotek Industries Inc	30,000	$705,600
SGMT	Sagimet Biosciences Inc.	80,000	$618,400
FABC	Fabric.AI, Inc.	145,000	$535,050
No positions match the current search.

Sold Out

Positions the filer fully exited

12 positions

Ticker	Company	Shares	Value
MDXH	MDxHealth SA	5,221,282	$12,008,948
TLSI	TriSalus Life Sciences, Inc.	2,079,105	$8,316,420
—		779,299	$8,299,534
REAX	Real REMAX Group Inc.	2,255,940	$5,639,850
BLNE	Beeline Holdings, Inc.	1,848,641	$4,344,306
AVNW	Aviat Networks, Inc.	165,723	$3,746,997
GAIA	Gaia, Inc	1,252,090	$3,468,289
LYTS	Lsi Industries Inc	176,097	$3,275,404
INFU	InfuSystem Holdings, Inc	201,077	$1,855,940
NXTC	NextCure, Inc.	117,371	$1,253,522
CNTY	Century Casinos Inc	639,834	$889,369
UCTT	Ultra Clean Holdings, Inc.	11,442	$711,463
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

104 tracked positions · $1,143,727,914 total · filing declares 106 positions · $1,152,383,034 · as of Jun 30, 2026

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

Showing 1–50 of 104 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
LASR	Nlight, Inc. Technology	Reduced	939,011	-84,728	$65,373,945	+12.0%	22	$15.42	5.72%
VICR	Vicor Corp Technology	Reduced	148,981	-139,199	$56,580,004	+21.9%	25	$48.76	4.95%
MASS	908 Devices Inc. Healthcare	Reduced	4,879,773	-320,151	$42,454,025	+33.4%	12	$3.83	3.71%
LPTH	Lightpath Technologies Inc Technology	Added	2,537,522	+499,912	$41,488,484	+103.0%	14	$5.52	3.63%
AMSC	American Superconductor Corp Industrials	Added	951,604	+150,000	$39,501,082	+45.6%	26+	before history	3.45%
CEVA	Ceva Inc Technology	Reduced	799,806	-65,000	$37,718,850	+133.5%	26+	before history	3.30%
BFLY	Butterfly Network, Inc. Healthcare	Held	4,430,593	0	$37,305,593	+108.4%	4	$2.89	3.26%
DFTX	Definium Therapeutics, Inc. Healthcare	Reduced	784,800	-292,093	$36,916,992	+81.4%	3	$12.38	3.23%
AEHR	Aehr Test Systems Technology	Reduced	374,808	-1,219,163	$36,004,056	−39.1%	26+	before history	3.15%
KOPN	Kopin Corp Industrials	Reduced	8,024,062	-3,790,750	$35,947,797	+35.2%	26+	before history	3.14%
BKSY	BlackSky Technology Inc. Industrials	Reduced	1,200,000	-525,610	$33,504,000	−22.8%	14	unpriced	2.93%
BRUN	Boost Run Inc. Technology	NEW	813,739	NEW	$31,581,210	NEW	1	$23.90	2.76%
PI	Impinj Inc Technology	Held	207,018	0	$29,651,188	+39.5%	26+	before history	2.59%
AVAV	AeroVironment Inc Industrials	Added	146,908	+16,250	$24,250,103	+1.4%	19	$144.46	2.12%
VELO	Velo3D, Inc. Technology	Reduced	1,322,066	-656,216	$23,202,258	+24.9%	4	unpriced	2.03%
BLZE	Backblaze, Inc. Technology	Held	1,400,166	0	$22,206,632	+359.7%	8	$6.71	1.94%
REAL	TheRealReal, Inc. Consumer Cyclical	Added	1,803,647	+319,800	$21,264,998	+57.8%	10	$5.22	1.86%
UTI	Universal Technical Institute Inc Consumer Defensive	Held	489,098	0	$20,918,721	+18.5%	23	$9.34	1.83%
		Held	3,826,892	0	$19,899,838	+0.5%	13	$1.72	1.74%
ARLO	Arlo Technologies, Inc. Industrials	Added	1,466,009	+200,900	$19,761,801	+9.8%	8	$13.59	1.73%
MRAM	Everspin Technologies Inc. Technology	Reduced	750,000	-1,327,241	$18,135,000	−0.7%	26+	before history	1.59%
IMDX	Insight Molecular Diagnostics Inc. Healthcare	Added	2,836,692	+30,436	$16,736,482	+81.8%	8	$2.84	1.46%
ASYS	Amtech Systems Inc Technology	NEW	690,000	NEW	$15,925,200	NEW	1	$18.99	1.39%
SRTA	Strata Critical Medical, Inc. Healthcare	Held	2,821,468	0	$14,869,136	+26.1%	11	$3.05	1.30%
AIOT	Powerfleet, Inc. Technology	Reduced	3,840,463	-861,043	$14,708,973	+1.6%	26+	before history	1.29%
GILT	Gilat Satellite Networks Ltd Technology	Reduced	1,036,181	-1,266,586	$13,791,569	−60.1%	10	$5.42	1.21%
RDCM	Radcom Ltd Communication Services	Reduced	951,796	-39,465	$13,420,323	+11.3%	26+	before history	1.17%
FENC	Fennec Pharmaceuticals Inc. Healthcare	Added	1,160,296	+440,161	$12,473,182	+181.6%	3	$8.19	1.09%
GLXY	Galaxy Digital Inc. Financial Services	Added	447,000	+2,000	$12,220,980	+48.9%	4	$26.54	1.07%
ACOG	Alpha Cognition Inc. Healthcare	Held	1,672,168	0	$12,073,052	+31.5%	6	$6.00	1.06%
GRO	Brazil Potash Corp. Basic Materials	Added	5,000,000	+2,771,400	$10,750,000	+48.9%	3	$2.54	0.94%
PVLA	Palvella Therapeutics, Inc. Healthcare	Held	69,416	0	$10,608,153	+22.6%	6	$19.27	0.93%
LOVE	Lovesac Co Consumer Cyclical	Added	610,402	+110,400	$10,187,609	+37.9%	26+	before history	0.89%
OUST	Ouster, Inc. Technology	Reduced	157,435	-28,565	$9,842,836	+188.1%	2	$21.79	0.86%
ASPI	ASP Isotopes Inc. Basic Materials	Reduced	1,581,490	-543,006	$9,836,867	+4.8%	8	$3.14	0.86%
SOPH	SOPHiA GENETICS SA Healthcare	NEW	1,700,000	NEW	$9,809,000	NEW	1	$5.07	0.86%
GNSS	Genasys Inc. Technology	Held	5,649,544	0	$9,604,224	−6.6%	26+	before history	0.84%
RCAT	Red Cat Holdings, Inc. Industrials	Added	874,460	+500,000	$9,312,999	+90.0%	11	$7.28	0.81%
ABEO	Abeona Therapeutics Inc. Healthcare	Added	1,486,130	+683,000	$9,184,283	+155.3%	5	$5.52	0.80%
SHMD	SCHMID Group N.V. Industrials	NEW	1,388,976	NEW	$8,694,989	NEW	1	$6.13	0.76%
NGS	Natural Gas Services Group Inc Energy	Reduced	189,732	-25,044	$8,185,038	+1.0%	25	$7.61	0.72%
TYGO	Tigo Energy, Inc. Technology	Added	3,347,933	+1,197,003	$7,800,683	−3.5%	3	$3.38	0.68%
CTRN	Citi Trends Inc Consumer Cyclical	Reduced	134,127	-32,000	$7,757,905	+7.8%	26+	before history	0.68%
SPIR	Spire Global, Inc. Industrials	Reduced	413,522	-15,291	$7,691,509	+42.6%	6	$10.25	0.67%
LTRX	Lantronix Inc Technology	NEW	1,250,000	NEW	$7,350,000	NEW	1	$6.41	0.64%
IPWR	Ideal Power Inc. Technology	Added	1,346,244	+149,395	$7,215,867	+113.0%	26+	before history	0.63%
OWLT	Owlet, Inc. Healthcare	Reduced	1,225,353	-753,117	$7,033,526	−30.8%	3	$11.25	0.61%
ELMT	Elmet Group Co. Industrials	NEW	344,853	NEW	$6,807,398	NEW	1	$17.17	0.60%
MEC	Mayville Engineering Company, Inc. Industrials	NEW	180,000	NEW	$6,742,800	NEW	1	$26.73	0.59%
LWAY	Lifeway Foods, Inc. Consumer Defensive	NEW	223,000	NEW	$6,654,320	NEW	1	$25.43	0.58%

Showing the top 50 of 104 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.